Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2016 • EIN 38-1485730

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

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

21st percentile

0.86x

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

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

12th percentile

12.81x

Higher debt load relative to revenue than 12% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

59th percentile

12%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

18th percentile

$144,276

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

98th percentile

24%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

42%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$110,054,228

Up $21,634,411 (+24%) from 2015

Net Assets

Up

$15,394,692

Up $2,776,408 (+22%) from 2015

Liabilities

Up

$94,659,536

Up $18,858,003 (+25%) from 2015

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin59th percentile

Revenue

Up

$7,389,955

Up $2,179,849 (+42%) from 2015

Expenses

Up

$6,505,660

Up $1,746,432 (+37%) from 2015

Net Income

Up

$884,295

Up $433,417 (+96%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2016

Assets$110,054,228
Liabilities$94,659,536
Net Assets$15,394,692
Open 2016 Filing

Operations Trend

Revenue Growth99th 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

2016

Revenue$7,389,955
Expenses$6,505,660
Net Income$884,295
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$7,389,955
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$34,269,868$48,597,409▲ $14,327,541
Savings and Temporary Cash Investments$17,320,437$23,799,632▲ $6,479,195
Investments Other Securities$16,652,600$22,558,730▲ $5,906,130
Rtn Earn Endowment Incm Other Fnds$12,618,284$15,394,692▲ $2,776,408
Investments in Publicly Traded Securities$15,443,390$6,208,671▼ $9,234,719
Land, Buildings, and Equipment, Net$1,531,744$2,835,672▲ $1,303,928
Cash and Non-Interest-Bearing Accounts$1,643,160$2,210,938▲ $567,778
Prepaid Expenses and Deferred Charges$315,636$495,833▲ $180,197
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$88,419,817$110,054,228▲ $21,634,411
Other Assets Total$1,242,982$3,347,343▲ $2,104,361
Liabilities
Other Liabilities$75,211,404$93,111,715▲ $17,900,311
Accounts Payable and Accrued Expenses$590,129$1,547,821▲ $957,692
Total Liabilities$75,801,533$94,659,536▲ $18,858,003
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,618,284$15,394,692▲ $2,776,408
Total Liabilities and Net Assets / Fund Balance$88,419,817$110,054,228▲ $21,634,411

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,769,489$1,488,652$3,258,141
Other Land Buildings$678,328$936,354$1,614,682
Equipment$124,458$238,436$362,894
Land$263,397-$263,397
Leasehold Improvements-$205,367$205,367
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet ThompsonCEO / PresidentFT$133,076$11,200$144,276
Doris GrahamSenior VPFT$86,068$2,370$88,438
Janet HendrieEvp/COOFT$71,424$7,650$79,074
Connie GladkiVP Fin & AcctFT$72,272$2,258$74,530
Joy BobbyVP of LendingFT$71,479$1,269$72,748
Debra VigliaroloVP Sales & ServFT$67,102$634$67,736
Heather ColoniusVP MarketingFT$54,341$1,690$56,031

Board Members and Trustees

NameTitle
William SackettChairman
Edward LeshinskyVice Chairman
Clyde GheeDirector
Cynthia GrimwadeDirector
Jerry MillerDirector
Richard SavaleDirector
Vincent QuinnDirector
Richard PokerwinskiSecretary
Michael RawsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CUAnswersData Processor6000 28th Street SE Suite 100, Grand Rapids, MI 49546$419,626
Harmon GroupConstruction621 S State St, North Vernon, IN 47265$414,221
Salus GroupOffice Expense38221 Mound Road Bldg G, Sterling Heights, MI 48310$391,676
CU Cooperative SystemsCooperative Systems9692 Haven Ave, Rancho Cucamonga, CA 91730$273,624
FisFinancial Serv Tech11601 Roosevelt Blvd TA-76, St Petersburg, FL 33716$229,428
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,334,278
Investment Income
$775,402
Other Revenue
$280,275
Change in Net Assets
$884,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,960,738
Salaries, Compensation, and Employee Benefits$2,544,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,401,715
Current Officers, Directors, Trustees, and Key Employees---$582,833
Office Expenses---$510,088
Other Expenses---$350,000
Other Employee Benefits---$335,393
Advertising---$271,367
Depreciation Depletion---$270,970
Payroll Taxes---$177,858
Interest---$175,992
Information Technology---$158,359
Occupancy---$146,663
Travel---$113,156
All Other Expenses---$64,109
Insurance---$50,409
Pension Plan Contributions---$47,123
Fees for Services Other---$36,686
Fees for Services Accounting---$20,148
Fees for Services Legal---$3,388
Total Functional Expenses$0$0$0$6,505,660
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
Total Share & Deposit Accounts$93,111,715
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 / President
Signed
2017-05-02
Discuss with paid preparer
Yes

Organization Details

Formed
1953
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
56
Volunteers
9

Preparer

Firm
Financial Standards Group Inc
Address
3615 NEWBURG RD, LOUISVILLE, KY 40218
Preparer
Thomas Armantrout CPA
Phone
8005225820
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“940.01 Merger: Equity = $1872059”

Raw XML AppendixShowing 400 of 503 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Edward Leshinsky
IRS990/Form990PartVIISectionAGrp/PersonNm1William Sackett
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IRS990/Form990PartVIISectionAGrp/PersonNm7Vincent Quinn
IRS990/Form990PartVIISectionAGrp/PersonNm8Cynthia Grimwade
IRS990/Form990PartVIISectionAGrp/PersonNm9Janet Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm10Connie Gladki
IRS990/Form990PartVIISectionAGrp/PersonNm11Doris Graham
IRS990/Form990PartVIISectionAGrp/PersonNm12Janet Hendrie
IRS990/Form990PartVIISectionAGrp/PersonNm13Joy Bobby
IRS990/Form990PartVIISectionAGrp/PersonNm14Heather Colonius
IRS990/Form990PartVIISectionAGrp/PersonNm15Debra Vigliarolo
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9133076
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1072272
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1186068
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1271424
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1371479
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1454341
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1567102
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO / President
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP Fin & Acct
IRS990/Form990PartVIISectionAGrp/TitleTxt11Senior VP
IRS990/Form990PartVIISectionAGrp/TitleTxt12EVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP of Lending
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP Sales & Serv
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07389955
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0158359
IRS990/InsuranceGrp/TotalAmt050409
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0175992
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0775402
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0775402
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt016652600
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt022558730
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015443390
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06208671
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01545
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02868809
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01531744
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02835672
IRS990/LandBldgEquipCostOrOtherBssAmt05704481
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/NetAssetsOrFundBalancesBOYAmt012618284
IRS990/NetAssetsOrFundBalancesEOYAmt015394692
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-70679
IRS990/NetUnrlzdGainsLossesInvstAmt020054
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0146663
IRS990/OfficeExpensesGrp/TotalAmt0510088
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01242982
IRS990/OtherAssetsTotalGrp/EOYAmt03347343
IRS990/OtherChangesInNetAssetsAmt01872059
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0335393
IRS990/OtherExpensesGrp/Desc0ATM Expense
IRS990/OtherExpensesGrp/Desc1Kasasa Expense
IRS990/OtherExpensesGrp/Desc2Loan Servicing
IRS990/OtherExpensesGrp/Desc3Provision for Loan Losses
IRS990/OtherExpensesGrp/TotalAmt01040024
IRS990/OtherExpensesGrp/TotalAmt1378336
IRS990/OtherExpensesGrp/TotalAmt2371043
IRS990/OtherExpensesGrp/TotalAmt3350000
IRS990/OtherLiabilitiesGrp/BOYAmt075211404
IRS990/OtherLiabilitiesGrp/EOYAmt093111715
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0Insurance Reimbursements
IRS990/OtherRevenueMiscGrp/Desc1Non-Member ATM Fees
IRS990/OtherRevenueMiscGrp/Desc2Sprint Reimbursement
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049732
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1230543
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt049732
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1230543
IRS990/OtherRevenueTotalAmt0280275
IRS990/OtherSalariesAndWagesGrp/TotalAmt01401715
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt034269868
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt048597409
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0177858
IRS990/PensionPlanContributionsGrp/TotalAmt047123
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0315636
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0495833
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/RelatedOrExemptFuncIncomeAmt02494289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1846491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22993498
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02494289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1846491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22993498
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 12/31/2016 was 8,754.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0577019
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03201855
IRS990/PYOtherRevenueAmt0205006
IRS990/PYProgramServiceRevenueAmt04428081
IRS990/PYRevenuesLessExpensesAmt0450878
IRS990/PYSalariesCompEmpBnftPaidAmt01557373
IRS990/PYTotalExpensesAmt04759228
IRS990/PYTotalRevenueAmt05210106
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0884295
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012618284
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015394692
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017320437
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023799632
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01769489
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01488652
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03258141
IRS990ScheduleD/EquipmentGrp/BookValueAmt0124458

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$110,054,228
Liabilities
$94,659,536
Net assets
$15,394,692
Revenue
$7,389,955
Expenses
$6,505,660
Net income
$884,295
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
2016Detailed filing. Detailed filing data is available for this year.$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