Civic Intelligence

Parkside Credit Union

EIN 38-1485730 • 501(c)14 • Westland, MI

Profile

Provide financial services to member owners with a common bond.

1747 S Newburgh RdWestland, MI 48186

www.parksidecu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.90x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

18th percentile

11.93x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2023

Net Margin

7th percentile

-2.0%

Higher net margin than 7% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$333,074

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2023

Asset Growth

79th percentile

6.7%

Faster asset growth than 79% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

13%

Faster revenue growth than 50% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$170,093,753

Up $10,734,840 (+6.7%) from 2022

Liabilities

Up

$153,756,678

Up $9,547,492 (+6.6%) from 2022

Net Assets

Up

$16,337,075

Up $1,187,348 (+7.8%) from 2022

Operations
Liabilities / Revenue18th percentileNet Margin7th percentile

Revenue

Up

$12,892,569

Up $1,523,612 (+13%) from 2022

Expenses

Up

$13,155,065

Up $3,218,833 (+32%) from 2022

Net Income

Down

-$262,496

Down $1,695,221 (-118%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $64,304,363Liabilities 2010: $55,811,445Net Assets 2010: $8,492,9182010Assets 2011: $72,221,314Liabilities 2011: $62,517,353Net Assets 2011: $9,703,9612011Assets 2012: $73,955,229Liabilities 2012: $63,311,066Net Assets 2012: $10,644,1632012Assets 2013: $76,778,497Liabilities 2013: $65,655,533Net Assets 2013: $11,122,9642013Assets 2014: $80,766,068Liabilities 2014: $68,451,655Net Assets 2014: $12,314,4132014Assets 2015: $88,419,817Liabilities 2015: $75,801,533Net Assets 2015: $12,618,2842015Assets 2016: $110,054,228Liabilities 2016: $94,659,536Net Assets 2016: $15,394,6922016Assets 2017: $112,657,174Liabilities 2017: $96,390,576Net Assets 2017: $16,266,5982017Assets 2018: $118,377,378Liabilities 2018: $101,061,009Net Assets 2018: $17,316,3692018Assets 2019: $125,429,259Liabilities 2019: $106,113,032Net Assets 2019: $19,316,2272019Assets 2020: $154,752,322Liabilities 2020: $134,072,068Net Assets 2020: $20,680,2542020Assets 2021: $166,357,063Liabilities 2021: $145,937,312Net Assets 2021: $20,419,7512021Assets 2022: $159,358,913Liabilities 2022: $144,209,186Net Assets 2022: $15,149,7272022Assets 2023: $170,093,753Liabilities 2023: $153,756,678Net Assets 2023: $16,337,0752023

Highlighted filing

2023

Assets$170,093,753
Liabilities$153,756,678
Net Assets$16,337,075
Open 2023 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,009,7622010Expenses 2011: $3,869,7032011Expenses 2012: $4,025,2152012Revenue 2013: $4,877,198Expenses 2013: $4,011,650Net Income 2013: $865,5482013Revenue 2014: $5,065,714Expenses 2014: $4,175,955Net Income 2014: $889,7592014Revenue 2015: $5,210,106Expenses 2015: $4,759,228Net Income 2015: $450,8782015Revenue 2016: $7,389,955Expenses 2016: $6,505,660Net Income 2016: $884,2952016Revenue 2017: $7,960,280Expenses 2017: $6,926,251Net Income 2017: $1,034,0292017Revenue 2018: $9,051,351Expenses 2018: $7,858,713Net Income 2018: $1,192,6382018Revenue 2019: $10,136,995Expenses 2019: $8,575,129Net Income 2019: $1,561,8662019Revenue 2020: $9,155,642Expenses 2020: $8,579,547Net Income 2020: $576,0952020Revenue 2021: $10,152,824Expenses 2021: $8,945,602Net Income 2021: $1,207,2222021Revenue 2022: $11,368,957Expenses 2022: $9,936,232Net Income 2022: $1,432,7252022Revenue 2023: $12,892,569Expenses 2023: $13,155,065Net Income 2023: -$262,4962023

Highlighted filing

2023

Revenue$12,892,569
Expenses$13,155,065
Net Income-$262,496
Open 2023 Filing

Filings

Most recent year

2023 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$170,093,753
Liabilities
$153,756,678
Net assets
$16,337,075
Revenue
$12,892,569
Expenses
$13,155,065
Net income
-$262,496
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$154$16.3$12.9$13.2$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$159$144$15.1$11.4$9.94$1.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$166$146$20.4$10.2$8.95$1.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$155$134$20.7$9.16$8.58$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$125$106$19.3$10.1$8.58$1.56
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$101$17.3$9.05$7.86$1.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$113$96.4$16.3$7.96$6.93$1.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$94.7$15.4$7.39$6.51$0.88
2015Detailed filing. Detailed filing data is available for this year.$88.4$75.8$12.6$5.21$4.76$0.45
2014Detailed filing. Detailed filing data is available for this year.$80.8$68.5$12.3$5.07$4.18$0.89
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.8$65.7$11.1$4.88$4.01$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.0$63.3$10.6$4.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.2$62.5$9.70$3.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.3$55.8$8.49$5.01
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$11,395,660
Mission and Program Overview

Mission

Provide financial services to member owners with a common bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$84,148,371$92,992,135▲ $8,843,764
Investments in Publicly Traded Securities$777,377$38,203,007▲ $37,425,630
Rtn Earn Endowment Incm Other Fnds$20,419,751$15,149,727▼ $5,270,024
Investments Other Securities$30,849,558$12,466,978▼ $18,382,580
Land, Buildings, and Equipment, Net$5,378,962$5,712,880▲ $333,918
Cash and Non-Interest-Bearing Accounts$3,722,407$3,077,952▼ $644,455
Savings and Temporary Cash Investments$38,438,572$2,318,990▼ $36,119,582
Prepaid Expenses and Deferred Charges$660,983$353,498▼ $307,485
Intangible Assets$21,063$0▼ $21,063
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Accounts Receivable$-172,039$-267,505▼ $95,466
Total Assets$166,357,063$159,358,913▼ $6,998,150
Other Assets Total$2,531,809$4,500,978▲ $1,969,169
Liabilities
Other Liabilities$144,564,081$142,274,808▼ $2,289,273
Accounts Payable and Accrued Expenses$1,373,231$1,934,378▲ $561,147
Total Liabilities$145,937,312$144,209,186▼ $1,728,126
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,419,751$15,149,727▼ $5,270,024
Total Liabilities and Net Assets / Fund Balance$166,357,063$159,358,913▼ $6,998,150

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,252,401$2,288,469$6,540,870
Other Land Buildings$1,215,082$1,857,668$3,072,750
Land$245,397-$245,397
Leasehold Improvements-$205,367$205,367
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet ThompsonCEO / PresidentFT$259,551$30,397$289,948
Connie GladkiCFOFT$105,213$29,546$134,759
Heather ColoniusCDOFT$98,475$30,536$129,011
Joy-Michelle BobbyCLOFT$96,738$8,990$105,728
Heathor BalazyCOOFT$78,571$5,845$84,416
Janet HendrieEvp/COOFT$68,292$15,241$83,533

Board Members and Trustees

NameTitle
William SackettChairperson
Richard PokerwinskiVice Chair
Brigitte Fawaz-AnoutiDirector
Doris GrahamDirector
Jerry MillerDirector
Doris GrahamCRO
Clyde GheeSecretary
Michael RawsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FisCard ServicesPO BOX 4535, Carol Stream, IL 60197-4535$1,032,224
Harmon Managment LLCContractor for Renovation417 Coopersmith Drive, Mason, MI 48854$524,488
CU AnswersCore Processor6000 28th Street SE Suite 100, Grand Rapids, MI 49546$386,991
Health Alliance Plan of MichiganEmployee HealthPO BOX 55000, Detroit, MI 48255-2711$385,435
VisaCard Services900 Metro Center BLV, Foster City, CA 94404$232,272
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,401,198
Investment Income
$967,759
Other Revenue
$0
Change in Net Assets
$1,432,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,088,644
Salaries, Compensation, and Employee Benefits$3,847,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,385,964
Current Officers, Directors, Trustees, and Key Employees---$827,397
Depreciation Depletion---$500,541
Advertising---$365,229
Office Expenses---$363,600
Other Employee Benefits---$341,849
Information Technology---$281,646
Interest---$279,982
All Other Expenses---$277,448
Occupancy---$252,748
Payroll Taxes---$241,146
Fees for Services Other---$200,050
Other Expenses---$103,174
Insurance---$74,222
Conferences and Meetings---$73,168
Fees for Services Legal---$66,040
Pension Plan Contributions---$51,232
Fees for Services Accounting---$34,910
Fees for Service Investment Mgmnt Fees---$4,065
Total Functional Expenses$0$0$0$9,936,232
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$142,274,808
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Credit Union is composed of members.”

Form 990, Part VI, Section A, Line 7A

“Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Mergers are voted on by entire membership.”

Form 990, Part VI, Section B, Line 11B

“Management reviews the tax returns and forwards US Form 8879-TE to tax preparer. Board reviews filed tax returns at next scheduled meeting.”

Form 990, Part VI, Section B, Line 12C

“No employee, director or any other volunteer, agent or attorney may solicit or receive anything of value or any benefit or business oppotunity in connection with Credit Union business. Affected persons are required annually to list any relationships which may become a conflict of interest.Also, employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.”

Form 990, Part VI, Section B, Line 15A

“Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated.”

Form 990, Part VI, Section C, Line 19

“Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions.”

Filing and Contact Details

Filer

Filer Name
Parkside Credit Union
EIN
38-1485730
Phone
7345250700
Address
1747 S Newburgh Rd, Westland, MI 48186

Signing Officer

Name
Janet Thompson
Title
CEO / President
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1953
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
65
Volunteers
7

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Patrick Haughey
Phone
8005225820
Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01373231
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01934378
IRS990/AccountsReceivableGrp/BOYAmt0-172039
IRS990/AccountsReceivableGrp/EOYAmt0-267505
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services to member owners with a common bond.
IRS990/AdvertisingGrp/TotalAmt0365229
IRS990/AllOtherExpensesGrp/TotalAmt0277448
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Connie Gladki
IRS990/BooksInCareOfDetail/PhoneNum07345250700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01747 S Newburgh Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Westland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048186
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03722407
IRS990/CashNonInterestBearingGrp/EOYAmt03077952
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0827397
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt073168
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0386991
IRS990/ContractorCompensationGrp/CompensationAmt11032224
IRS990/ContractorCompensationGrp/CompensationAmt2232272
IRS990/ContractorCompensationGrp/CompensationAmt3385435
IRS990/ContractorCompensationGrp/CompensationAmt4524488
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt06000 28th Street SE Suite 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 4535
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2900 Metro Center BLV
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 55000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4417 Coopersmith Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Grand Rapids
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Carol Stream
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Foster City
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Detroit
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4Mason
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd049546
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1601974535
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd294404
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd3482552711
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd448854
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CU Answers
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FIS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2VISA
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3Health Alliance Plan of Michigan
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4Harmon Managment LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Core Processor
IRS990/ContractorCompensationGrp/ServicesDesc1Card Services
IRS990/ContractorCompensationGrp/ServicesDesc2Card Services
IRS990/ContractorCompensationGrp/ServicesDesc3Employee Health
IRS990/ContractorCompensationGrp/ServicesDesc4Contractor for Renovation
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0967759
IRS990/CYOtherExpensesAmt06088644
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010401198
IRS990/CYRevenuesLessExpensesAmt01432725
IRS990/CYSalariesCompEmpBnftPaidAmt03847588
IRS990/CYTotalExpensesAmt09936232
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011368957
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0500541
IRS990/Desc0The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2022 was 13,654.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt065
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt034910
IRS990/FeesForServicesLegalGrp/TotalAmt066040
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0200050
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt04065
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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IRS990/Form990PartVIISectionAGrp/PersonNm1Connie Gladki
IRS990/Form990PartVIISectionAGrp/PersonNm2Heather Colonius
IRS990/Form990PartVIISectionAGrp/PersonNm3Joy-Michelle Bobby
IRS990/Form990PartVIISectionAGrp/PersonNm4Heathor Balazy
IRS990/Form990PartVIISectionAGrp/PersonNm5Janet Hendrie
IRS990/Form990PartVIISectionAGrp/PersonNm6William Sackett
IRS990/Form990PartVIISectionAGrp/PersonNm7Michael Rawson
IRS990/Form990PartVIISectionAGrp/PersonNm8Richard Pokerwinski
IRS990/Form990PartVIISectionAGrp/PersonNm9Clyde Ghee
IRS990/Form990PartVIISectionAGrp/PersonNm10Doris Graham
IRS990/Form990PartVIISectionAGrp/PersonNm11Jerry Miller
IRS990/Form990PartVIISectionAGrp/PersonNm12Brigitte Fawaz-Anouti
IRS990/Form990PartVIISectionAGrp/PersonNm13Doris Graham
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13CRO
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IRS990/MissionDesc0Provide financial services to member owners with a common bond.
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IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Loan Servicing Expenses
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IRS990/ProgramServiceRevenueGrp/Desc4Other income
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03595
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt112711
IRS990/ProgSrvcAccomActy2Grp/Desc0The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2022 was 10,295.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0142274808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares & Deposits
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IRS990ScheduleD/TotalBookValueSecuritiesAmt012466978
IRS990ScheduleD/TotalLiabilityAmt0142274808
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt03606
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Janet Thompson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO / President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0289948
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit Union is composed of members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mergers are voted on by entire membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews the tax returns and forwards US Form 8879-TE to tax preparer. Board reviews filed tax returns at next scheduled meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No employee, director or any other volunteer, agent or attorney may solicit or receive anything of value or any benefit or business oppotunity in connection with Credit Union business. Affected persons are required annually to list any relationships which may become a conflict of interest.Also, employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated.

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