Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2015 • EIN 38-1489465

Jan 01, 2015 to Dec 31, 2015 • Filed on May 06, 2016

Organization Profilewww.upccu.com

View Organization Page

1001 West Baraga AveMarquette, MI 49855

(906) 228-7080

Siviq Scores

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

Liabilities / Assets

16th percentile

0.86x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

20.77x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Net Margin

94th percentile

25%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$247,953

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Asset Growth

69th percentile

7.1%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

7.7%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$155,985,194

Up $10,294,811 (+7.1%) from 2014

Net Assets

Up

$22,585,756

Up $1,540,957 (+7.3%) from 2014

Liabilities

Up

$133,399,438

Up $8,753,854 (+7.0%) from 2014

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin94th percentile

Revenue

Up

$6,422,938

Up $459,954 (+7.7%) from 2014

Expenses

Down

$4,793,802

Down $45,632 (-0.9%) from 2014

Net Income

Up

$1,629,136

Up $505,586 (+45%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$600M$400M$200M$0Assets 2010: $120,323,291Liabilities 2010: $102,916,222Net Assets 2010: $17,407,0692010Assets 2011: $126,548,725Liabilities 2011: $107,529,670Net Assets 2011: $19,019,0552011Assets 2012: $137,968,916Liabilities 2012: $118,249,524Net Assets 2012: $19,719,3922012Assets 2013: $138,252,939Liabilities 2013: $118,369,589Net Assets 2013: $19,883,3502013Assets 2014: $145,690,383Liabilities 2014: $124,645,584Net Assets 2014: $21,044,7992014Assets 2015: $155,985,194Liabilities 2015: $133,399,438Net Assets 2015: $22,585,7562015Assets 2016: $163,458,437Liabilities 2016: $139,643,604Net Assets 2016: $23,814,8332016Assets 2017: $164,256,454Liabilities 2017: $138,870,157Net Assets 2017: $25,386,2972017Assets 2018: $176,724,593Liabilities 2018: $149,741,300Net Assets 2018: $26,983,2932018Assets 2019: $234,458,662Liabilities 2019: $201,636,798Net Assets 2019: $32,821,8642019Assets 2020: $456,299,976Liabilities 2020: $397,692,889Net Assets 2020: $58,607,0872020Assets 2021: $491,728,057Liabilities 2021: $434,047,021Net Assets 2021: $57,681,0362021Assets 2022: $485,631,668Liabilities 2022: $441,781,591Net Assets 2022: $43,850,0772022Assets 2023: $515,551,996Liabilities 2023: $466,876,540Net Assets 2023: $48,675,4562023Assets 2024: $548,839,668Liabilities 2024: $494,764,522Net Assets 2024: $54,075,1462024

Highlighted filing

2015

Assets$155,985,194
Liabilities$133,399,438
Net Assets$22,585,756
Open 2015 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Expenses 2010: $4,498,0232010Expenses 2011: $4,407,1042011Expenses 2012: $4,504,5462012Revenue 2013: $5,796,088Expenses 2013: $4,743,875Net Income 2013: $1,052,2132013Revenue 2014: $5,962,984Expenses 2014: $4,839,434Net Income 2014: $1,123,5502014Revenue 2015: $6,422,938Expenses 2015: $4,793,802Net Income 2015: $1,629,1362015Revenue 2016: $7,140,029Expenses 2016: $5,510,151Net Income 2016: $1,629,8782016Revenue 2017: $7,741,477Expenses 2017: $5,956,855Net Income 2017: $1,784,6222017Revenue 2018: $8,594,695Expenses 2018: $6,371,090Net Income 2018: $2,223,6052018Revenue 2019: $11,228,933Expenses 2019: $10,356,916Net Income 2019: $872,0172019Revenue 2020: $15,884,770Expenses 2020: $14,931,153Net Income 2020: $953,6172020Revenue 2021: $19,135,519Expenses 2021: $16,204,713Net Income 2021: $2,930,8062021Revenue 2022: $21,128,039Expenses 2022: $18,149,828Net Income 2022: $2,978,2112022Revenue 2023: $25,332,798Expenses 2023: $22,632,248Net Income 2023: $2,700,5502023Revenue 2024: $29,891,836Expenses 2024: $27,837,493Net Income 2024: $2,054,3432024

Highlighted filing

2015

Revenue$6,422,938
Expenses$4,793,802
Net Income$1,629,136
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 6, 2016
Return Version
2015v2.0
Gross Receipts
$6,422,938
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$72,989,116$80,201,922▲ $7,212,806
Investments in Publicly Traded Securities-$47,404,882-
Rtn Earn Endowment Incm Other Fnds$21,044,799$22,585,756▲ $1,540,957
Savings and Temporary Cash Investments$14,414,442$19,725,250▲ $5,310,808
Land, Buildings, and Equipment, Net$2,551,321$2,439,517▼ $111,804
Cash and Non-Interest-Bearing Accounts$1,507,239$1,955,632▲ $448,393
Investments Other Securities$50,746,715$793,625▼ $49,953,090
Prepaid Expenses and Deferred Charges$146,803$115,896▼ $30,907
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$145,690,383$155,985,194▲ $10,294,811
Other Assets Total$3,334,747$3,348,470▲ $13,723
Liabilities
Other Liabilities$122,975,165$131,966,253▲ $8,991,088
Accounts Payable and Accrued Expenses$1,670,419$1,433,185▼ $237,234
Total Liabilities$124,645,584$133,399,438▲ $8,753,854
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,044,799$22,585,756▲ $1,540,957
Total Liabilities and Net Assets / Fund Balance$145,690,383$155,985,194▲ $10,294,811

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,765,423$1,314,886$3,080,309
Equipment$86,453$608,722$695,175
Land$532,200-$532,200
Other Land Buildings$46,845$480,007$526,852
Leasehold Improvements$8,596$198,417$207,013
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Suanne DebskiVice PresidentFT$91,525$7,281$98,806
Tom BlakePresident/CEOFT$235,888$12,065$12,065

Board Members and Trustees

NameTitle
Mark CanaleChairman
William FernsV Chairperson
Andrew WasilewskiDirector
Brian KulbiedaDirector
Corrin SalminenDirector
Gail AnthonyDirector
Leonard AngeliDirector
Scott JamiesonDirector
Sandra Villa-MogushTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Member Driven TechnologiesData Processing7415 Chicago Rd, Warren, MI 48092$301,900
First DataDebit Card Processin1100 Carr Road, Wilmington, DE 19809$268,711
FisCredit Card Processi601 Riverside Ave, Jacksonville, FL 32204$212,350
Consumers Mutual Insurance of MichiganGroup Health Ins2601 Coolidge Road 200, East Lansing, MI 48823$183,803
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,182,036
Investment Income
$1,126,612
Other Revenue
$114,290
Change in Net Assets
$1,629,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,756,094
Salaries, Compensation, and Employee Benefits$2,037,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,212,188
Office Expenses---$626,723
Interest---$455,595
Current Officers, Directors, Trustees, and Key Employees---$346,759
Information Technology---$334,912
Occupancy---$278,946
Other Employee Benefits---$236,498
Depreciation Depletion---$204,163
Payroll Taxes---$127,606
Pension Plan Contributions---$114,657
Advertising---$102,753
Fees for Services Other---$56,440
Insurance---$54,726
Travel---$36,159
Conferences and Meetings---$17,830
Other Expenses---$12,000
Fees for Services Accounting---$11,822
All Other Expenses---$-14,428
Total Functional Expenses$0$0$0$4,793,802
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$131,966,253
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

“Section 501c(14) 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 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

“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 15B: Compensation Review and Approval Process for Officers and Key Employees

“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
UP Catholic Credit Union
EIN
38-1489465
Phone
9062287080
Address
1001 West Baraga Ave, Marquette, MI 49855

Signing Officer

Name
Tom Blake
Title
President/CEO
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Blake
Formed
1953
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
58
Volunteers
12

Preparer

Firm
Financial Standards Group Inc
Address
3615 NEWBURG RD, LOUISVILLE, KY 40218
Preparer
William Arvo CPA
Phone
8005225820
Raw XML AppendixShowing 400 of 473 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/BOYAmt01670419
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01433185
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services and products to members.
IRS990/AdvertisingGrp/TotalAmt0102753
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt0-14428
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Tom Blake
IRS990/BooksInCareOfDetail/PhoneNum09062288338
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01001 West Baraga Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Marquette
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049855
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01507239
IRS990/CashNonInterestBearingGrp/EOYAmt01955632
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0346759
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt017830
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0301900
IRS990/ContractorCompensationGrp/CompensationAmt1183803
IRS990/ContractorCompensationGrp/CompensationAmt2268711
IRS990/ContractorCompensationGrp/CompensationAmt3212350
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07415 Chicago Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12601 Coolidge Road 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21100 Carr Road
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3601 Riverside Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Warren
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1East Lansing
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Wilmington
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Jacksonville
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2DE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd048092
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd148823
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd219809
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd332204
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Member Driven Technologies
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Consumers Mutual Insurance of Michigan
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2First Data
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3FIS
IRS990/ContractorCompensationGrp/ServicesDesc0Data Processing
IRS990/ContractorCompensationGrp/ServicesDesc1Group Health Ins
IRS990/ContractorCompensationGrp/ServicesDesc2Debit Card Processin
IRS990/ContractorCompensationGrp/ServicesDesc3Credit Card Processi
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01126612
IRS990/CYOtherExpensesAmt02756094
IRS990/CYOtherRevenueAmt0114290
IRS990/CYProgramServiceRevenueAmt05182036
IRS990/CYRevenuesLessExpensesAmt01629136
IRS990/CYSalariesCompEmpBnftPaidAmt02037708
IRS990/CYTotalExpensesAmt04793802
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06422938
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0204163
IRS990/Desc0The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2015 was 12,310.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt058
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt011822
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt056440
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt912065
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt107281
IRS990/Form990PartVIISectionAGrp/PersonNm0Scott Jamieson
IRS990/Form990PartVIISectionAGrp/PersonNm1Sandra Villa-Mogush
IRS990/Form990PartVIISectionAGrp/PersonNm2William Ferns
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Canale
IRS990/Form990PartVIISectionAGrp/PersonNm4Corrin Salminen
IRS990/Form990PartVIISectionAGrp/PersonNm5Leonard Angeli
IRS990/Form990PartVIISectionAGrp/PersonNm6Brian Kulbieda
IRS990/Form990PartVIISectionAGrp/PersonNm7Gail Anthony
IRS990/Form990PartVIISectionAGrp/PersonNm8Andrew Wasilewski
IRS990/Form990PartVIISectionAGrp/PersonNm9Tom Blake
IRS990/Form990PartVIISectionAGrp/PersonNm10Suanne Debski
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/ReportableCompFromOrgAmt9235888
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1091525
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2V Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06422938
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0334912
IRS990/InsuranceGrp/TotalAmt054726
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0455595
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01126612
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01126612
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt050746715
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0793625
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt047404882
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02421
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02602032
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02551321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02439517
IRS990/LandBldgEquipCostOrOtherBssAmt05041549
IRS990/LegalDomicileStateCd0MI
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide financial services and products to members.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt021044799
IRS990/NetAssetsOrFundBalancesEOYAmt022585756
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-66250
IRS990/NetUnrlzdGainsLossesInvstAmt0-88179
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0278946
IRS990/OfficeExpensesGrp/TotalAmt0626723
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03334747
IRS990/OtherAssetsTotalGrp/EOYAmt03348470
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0236498
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Examination Fees
IRS990/OtherExpensesGrp/Desc3League Dues
IRS990/OtherExpensesGrp/TotalAmt0363653
IRS990/OtherExpensesGrp/TotalAmt1180000
IRS990/OtherExpensesGrp/TotalAmt234800
IRS990/OtherExpensesGrp/TotalAmt312000
IRS990/OtherLiabilitiesGrp/BOYAmt0122975165
IRS990/OtherLiabilitiesGrp/EOYAmt0131966253
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1524298
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0Coin Machine Income
IRS990/OtherRevenueMiscGrp/Desc1Income from Insurance
IRS990/OtherRevenueMiscGrp/Desc2Non-Member ATM Fees
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt092452
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0450
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1107717
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt26123
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0450
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt115265
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt26123
IRS990/OtherRevenueTotalAmt0114290
IRS990/OtherSalariesAndWagesGrp/TotalAmt01212188
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt072989116
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt080201922
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0127606
IRS990/PensionPlanContributionsGrp/TotalAmt0114657
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0146803
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0115896
IRS990/PrincipalOfficerNm0Tom Blake
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Other Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Share Draft Income
IRS990/ProgramServiceRevenueGrp/Desc3VISA & ATM Interchange
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03893516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1308514
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2384105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3595901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03893516
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1308514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2384105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3595901
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 10,283.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01151949
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02901532
IRS990/PYOtherRevenueAmt090607
IRS990/PYProgramServiceRevenueAmt04720428
IRS990/PYRevenuesLessExpensesAmt01123550
IRS990/PYSalariesCompEmpBnftPaidAmt01937902
IRS990/PYTotalExpensesAmt04839434
IRS990/PYTotalRevenueAmt05962984
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01629136
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021044799
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022585756
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014414442
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019725250
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01765423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01314886
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03080309
IRS990ScheduleD/EquipmentGrp/BookValueAmt086453
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0608722
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0695175
IRS990ScheduleD/LandGrp/BookValueAmt0532200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0532200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08596
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0198417
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0207013
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt046845
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0480007
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0526852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0131966253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposit Accounts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02439517
IRS990ScheduleD/TotalLiabilityAmt0131966253
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012065
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tom Blake
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt012065
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section 501c(14) Credit 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 tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employee 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 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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
$155,985,194
Liabilities
$133,399,438
Net assets
$22,585,756
Revenue
$6,422,938
Expenses
$4,793,802
Net income
$1,629,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$549$495$54.1$29.9$27.8$2.05
2023Detailed filing. Detailed filing data is available for this year.$516$467$48.7$25.3$22.6$2.70
2022Detailed filing. Detailed filing data is available for this year.$486$442$43.9$21.1$18.1$2.98
2021Detailed filing. Detailed filing data is available for this year.$492$434$57.7$19.1$16.2$2.93
2020Detailed filing. Detailed filing data is available for this year.$456$398$58.6$15.9$14.9$0.95
2019Detailed filing. Detailed filing data is available for this year.$234$202$32.8$11.2$10.4$0.87
2018Summary only. Only limited summary data is available for this year.$177$150$27.0$8.59$6.37$2.22
2017Detailed filing. Detailed filing data is available for this year.$164$139$25.4$7.74$5.96$1.78
2016Detailed filing. Detailed filing data is available for this year.$163$140$23.8$7.14$5.51$1.63
2015Detailed filing. Detailed filing data is available for this year.$156$133$22.6$6.42$4.79$1.63
2014Detailed filing. Detailed filing data is available for this year.$146$125$21.0$5.96$4.84$1.12
2013Detailed filing. Detailed filing data is available for this year.$138$118$19.9$5.80$4.74$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$118$19.7$4.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$127$108$19.0$4.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$120$103$17.4$4.50
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)14 • $100M-$250M nonprofits