Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2015 • EIN 38-1485730

Jan 01, 2015 to Dec 31, 2015 • Filed on May 07, 2016

Organization Profilewww.parksidecu.org
36525 Plymouth RdLivonia, MI 48150

(734) 525-0700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.86x

Higher debt load relative to assets than 23% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

21st percentile

14.55x

Higher debt load relative to revenue than 21% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

49th percentile

8.7%

Higher net margin than 49% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

6th percentile

$74,699

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

88th percentile

9.5%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

2.9%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$88,419,817

Up $7,653,749 (+9.5%) from 2014

Net Assets

Up

$12,618,284

Up $303,871 (+2.5%) from 2014

Liabilities

Up

$75,801,533

Up $7,349,878 (+11%) from 2014

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin49th percentile

Revenue

Up

$5,210,106

Up $144,392 (+2.9%) from 2014

Expenses

Up

$4,759,228

Up $583,273 (+14%) from 2014

Net Income

Down

$450,878

Down $438,881 (-49%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2015

Assets$88,419,817
Liabilities$75,801,533
Net Assets$12,618,284
Open 2015 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$5,210,106
Expenses$4,759,228
Net Income$450,878
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 7, 2016
Return Version
2015v2.0
Gross Receipts
$5,210,106
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$32,132,799$34,269,868▲ $2,137,069
Savings and Temporary Cash Investments$11,176,733$17,320,437▲ $6,143,704
Investments Other Securities$32,143,660$16,652,600▼ $15,491,060
Investments in Publicly Traded Securities-$15,443,390-
Rtn Earn Endowment Incm Other Fnds$12,314,413$12,618,284▲ $303,871
Cash and Non-Interest-Bearing Accounts$2,208,116$1,643,160▼ $564,956
Land, Buildings, and Equipment, Net$1,642,622$1,531,744▼ $110,878
Prepaid Expenses and Deferred Charges$305,022$315,636▲ $10,614
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$80,766,068$88,419,817▲ $7,653,749
Other Assets Total$1,157,116$1,242,982▲ $85,866
Liabilities
Other Liabilities$68,005,989$75,211,404▲ $7,205,415
Accounts Payable and Accrued Expenses$445,666$590,129▲ $144,463
Total Liabilities$68,451,655$75,801,533▲ $7,349,878
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,314,413$12,618,284▲ $303,871
Total Liabilities and Net Assets / Fund Balance$80,766,068$88,419,817▲ $7,653,749

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$899,595$1,426,314$2,325,909
Other Land Buildings$312,144$810,855$1,122,999
Equipment$119,917$181,022$300,939
Leasehold Improvements$9,129$196,238$205,367
Land$190,959-$190,959
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet ThompsonCEOFT$69,699$5,000$74,699
Connie GladkiAcctg Mgr (CFO)FT$70,181$2,167$72,348

Board Members and Trustees

NameTitle
William SackettChairman
Edward LeshinskyVice Chairman
Richard PokerwinskiDirector
Richard SavaleDirector
Clyde GheeSecretary
Michael RawsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CU AnswersData processor6000 28th Street SE Suite 100, Grand Rapids, MI 49546$363,338
Salus GroupOffice expense38221 Mound Road building G, Sterling heights, MI 48310$262,622
CU Cooperative SystemsCooperative Systems9692 Haven Ave, Rancho Cucamonga, CA 91730$190,811
Certegy EquifaxLoan Servicing3031 N Rocky Point STE 750, Tampa, FL 33607$186,766
Security MutualSecurity systemsPO Box 1625, Binghamtom, NY 13902-1625$160,242
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,428,081
Investment Income
$577,019
Other Revenue
$205,006
Change in Net Assets
$450,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,201,855
Salaries, Compensation, and Employee Benefits$1,557,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,067,451
Office Expenses---$432,012
Advertising---$234,232
Depreciation Depletion---$222,113
Other Employee Benefits---$214,272
All Other Expenses---$179,651
Interest---$154,779
Current Officers, Directors, Trustees, and Key Employees---$147,047
Information Technology---$118,650
Travel---$112,512
Payroll Taxes---$106,905
Other Expenses---$104,670
Occupancy---$101,258
Fees for Services Other---$46,493
Insurance---$44,319
Fees for Services Accounting---$30,088
Fees for Services Legal---$26,047
Pension Plan Contributions---$21,698
Total Functional Expenses$0$0$0$4,759,228
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
Lobbying 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 Deposit Accounts$75,211,404
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 6: Explanation of Classes of Members or Shareholder

“Credit Union is composed of members.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

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

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Mergers are voted on by entire membership.”

Form 990, Part VI, Line 11B: Form 990 Review Process

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

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“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, Line 15A: Compensation Review & Approval Process - CEO, Top Management

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“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
36525 Plymouth Rd, Livonia, MI 48150

Signing Officer

Name
Janet Thompson
Title
CEO
Signed
2016-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Thompson
Formed
1953
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
41
Volunteers
7

Preparer

Firm
Financial Standards Group Inc
Address
3615 NEWBURG RD, LOUISVILLE, KY 40218
Preparer
William Arvo CPA
Phone
8005225820
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0577019
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt032143660
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt016652600
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015443390
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt035108
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02614429
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01642622
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01531744
IRS990/LandBldgEquipCostOrOtherBssAmt04146173
IRS990/LegalDomicileStateCd0MI
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide financial services to member owners with a common bond.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012314413
IRS990/NetAssetsOrFundBalancesEOYAmt012618284
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-58056
IRS990/NetUnrlzdGainsLossesInvstAmt0-147007
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0101258
IRS990/OfficeExpensesGrp/TotalAmt0432012
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01157116
IRS990/OtherAssetsTotalGrp/EOYAmt01242982
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0214272
IRS990/OtherExpensesGrp/Desc0ATM/Debit Card Exp
IRS990/OtherExpensesGrp/Desc1Kasasa Exp
IRS990/OtherExpensesGrp/Desc2Loan Servicing Expense
IRS990/OtherExpensesGrp/Desc3Provision for Loan Losses
IRS990/OtherExpensesGrp/TotalAmt0856785
IRS990/OtherExpensesGrp/TotalAmt1319829
IRS990/OtherExpensesGrp/TotalAmt2218417
IRS990/OtherExpensesGrp/TotalAmt3104670
IRS990/OtherLiabilitiesGrp/BOYAmt068005989
IRS990/OtherLiabilitiesGrp/EOYAmt075211404
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0Insurance Reimbursements
IRS990/OtherRevenueMiscGrp/Desc1Non-Member ATM Fees
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt042577
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1162429
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt042577
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1162429
IRS990/OtherRevenueTotalAmt0205006
IRS990/OtherSalariesAndWagesGrp/TotalAmt01067451
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt032132799
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt034269868
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0106905
IRS990/PensionPlanContributionsGrp/TotalAmt021698
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0305022
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0315636
IRS990/PrincipalOfficerNm0Janet Thompson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Charges
IRS990/ProgramServiceRevenueGrp/Desc1Interchange Income
IRS990/ProgramServiceRevenueGrp/Desc2Loan Interest Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01612886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1714155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22101040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01612886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1714155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22101040
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 12/31/2015 was 6,295.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0515017
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02809997
IRS990/PYOtherRevenueAmt0214589
IRS990/PYProgramServiceRevenueAmt04336108
IRS990/PYRevenuesLessExpensesAmt0889759
IRS990/PYSalariesCompEmpBnftPaidAmt01365958
IRS990/PYTotalExpensesAmt04175955
IRS990/PYTotalRevenueAmt05065714
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0450878
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012314413
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012618284
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011176733
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017320437
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0899595
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01426314
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02325909
IRS990ScheduleD/EquipmentGrp/BookValueAmt0119917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0181022
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0300939
IRS990ScheduleD/LandGrp/BookValueAmt0190959
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0190959
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09129
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0196238
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0205367
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0312144
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0810855
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01122999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075211404
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposit Accounts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01531744
IRS990ScheduleD/TotalBookValueSecuritiesAmt016652600
IRS990ScheduleD/TotalLiabilityAmt075211404
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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-EO 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Credit 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt080766068
IRS990/TotalAssetsEOYAmt088419817
IRS990/TotalAssetsGrp/BOYAmt080766068
IRS990/TotalAssetsGrp/EOYAmt088419817
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04759228
IRS990/TotalGrossUBIAmt0205006
IRS990/TotalLiabilitiesBOYAmt068451655
IRS990/TotalLiabilitiesEOYAmt075801533
IRS990/TotalLiabilitiesGrp/BOYAmt068451655
IRS990/TotalLiabilitiesGrp/EOYAmt075801533
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012314413
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012618284
IRS990/TotalOtherCompensationAmt07167
IRS990/TotalProgramServiceRevenueAmt04428081
IRS990/TotalReportableCompFromOrgAmt0139880
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05005100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05210106
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0205006
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080766068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt088419817
IRS990/TransactionWithControlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,419,817
Liabilities
$75,801,533
Net assets
$12,618,284
Revenue
$5,210,106
Expenses
$4,759,228
Net income
$450,878
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
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