Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2016 • EIN 38-1489465

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

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

17th percentile

0.85x

Higher debt load relative to assets than 17% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

19.56x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

90th percentile

23%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

38th percentile

$179,964

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

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

Asset Growth

54th percentile

4.8%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

78th percentile

11%

Faster revenue growth than 78% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$163,458,437

Up $7,473,243 (+4.8%) from 2015

Net Assets

Up

$23,814,833

Up $1,229,077 (+5.4%) from 2015

Liabilities

Up

$139,643,604

Up $6,244,166 (+4.7%) from 2015

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin90th percentile

Revenue

Up

$7,140,029

Up $717,091 (+11%) from 2015

Expenses

Up

$5,510,151

Up $716,349 (+15%) from 2015

Net Income

Up

$1,629,878

Up $742 (+0.0%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2016

Assets$163,458,437
Liabilities$139,643,604
Net Assets$23,814,833
Open 2016 Filing

Operations Trend

Revenue Growth78th 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

2016

Revenue$7,140,029
Expenses$5,510,151
Net Income$1,629,878
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$13,344,955
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$80,201,922$83,476,696▲ $3,274,774
Investments in Publicly Traded Securities$47,404,882$43,206,948▼ $4,197,934
Savings and Temporary Cash Investments$19,725,250$24,701,262▲ $4,976,012
Rtn Earn Endowment Incm Other Fnds$22,585,756$23,814,833▲ $1,229,077
Land, Buildings, and Equipment, Net$2,439,517$2,462,153▲ $22,636
Cash and Non-Interest-Bearing Accounts$1,955,632$1,964,770▲ $9,138
Investments Other Securities$793,625$792,625▼ $1,000
Prepaid Expenses and Deferred Charges$115,896$174,871▲ $58,975
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$155,985,194$163,458,437▲ $7,473,243
Other Assets Total$3,348,470$6,679,112▲ $3,330,642
Liabilities
Other Liabilities$131,966,253$136,860,373▲ $4,894,120
Accounts Payable and Accrued Expenses$1,433,185$2,783,231▲ $1,350,046
Total Liabilities$133,399,438$139,643,604▲ $6,244,166
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,585,756$23,814,833▲ $1,229,077
Total Liabilities and Net Assets / Fund Balance$155,985,194$163,458,437▲ $7,473,243

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,684,917$1,416,936$3,101,853
Equipment$84,644$636,833$721,477
Other Land Buildings$145,420$494,930$640,350
Land$531,200-$531,200
Leasehold Improvements$15,972$202,541$218,513
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom BlakePresident/CEOFT$166,618$13,346$179,964
Suanne DebskiVice PresidentFT$96,952$7,771$104,723

Board Members and Trustees

NameTitle
Mark CanaleChairman
William FernsV Chairman
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$317,808
First DataDebit Card Processin1100 Carr Road, Wilmington, DE 19809$302,555
FisCredit Card Processi601 Riverside Ave, Jacksonville, FL 32204$242,793
Small Business Assc of MIGroup Health Insr120 N Washington Square Suite 100, Lansing, MI 48933-9985$236,315
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,776,632
Investment Income
$1,268,842
Other Revenue
$94,555
Change in Net Assets
$1,629,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,273,170
Salaries, Compensation, and Employee Benefits$2,236,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,423,327
Interest---$460,520
Office Expenses---$323,798
Occupancy---$305,797
Information Technology---$301,124
Other Employee Benefits---$289,807
Current Officers, Directors, Trustees, and Key Employees---$284,687
Depreciation Depletion---$200,685
Other Expenses---$169,693
All Other Expenses---$138,187
Payroll Taxes---$131,481
Advertising---$111,415
Pension Plan Contributions---$107,679
Conferences and Meetings---$88,100
Fees for Services Other---$75,804
Insurance---$47,948
Fees for Services Accounting---$11,400
Total Functional Expenses$0$0$0$5,510,151
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$136,860,372
Rounding$1
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 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
2017-05-04
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
Thomas Armantrout CPA
Phone
8005225820
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Unrealized Gain on Benefits Prefund = $152164”

Raw XML AppendixShowing 400 of 484 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/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
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
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IRS990/InfoInScheduleOPartXIInd0X
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IRS990/InsuranceGrp/TotalAmt047948
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IRS990/InterestGrp/TotalAmt0460520
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt043206948
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IRS990/IRPDocumentCnt02968
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt02439517
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02462153
IRS990/LandBldgEquipCostOrOtherBssAmt05213393
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06204926
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/NetAssetsOrFundBalancesBOYAmt022585756
IRS990/NetAssetsOrFundBalancesEOYAmt023814833
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt059340
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt059340
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-70698
IRS990/NetUnrlzdGainsLossesInvstAmt0-552965
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0305797
IRS990/OfficeExpensesGrp/TotalAmt0323798
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03348470
IRS990/OtherAssetsTotalGrp/EOYAmt06679112
IRS990/OtherChangesInNetAssetsAmt0152164
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0289807
IRS990/OtherExpensesGrp/Desc0Loan Servicing Expenses
IRS990/OtherExpensesGrp/Desc1Write-Downs of Assets
IRS990/OtherExpensesGrp/Desc2ATM-Debit Card Program Exp
IRS990/OtherExpensesGrp/Desc3Provision for Loan Losses
IRS990/OtherExpensesGrp/TotalAmt0389621
IRS990/OtherExpensesGrp/TotalAmt1338314
IRS990/OtherExpensesGrp/TotalAmt2310764
IRS990/OtherExpensesGrp/TotalAmt3169693
IRS990/OtherLiabilitiesGrp/BOYAmt0131966253
IRS990/OtherLiabilitiesGrp/EOYAmt0136860373
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0Income from Insurance
IRS990/OtherRevenueMiscGrp/Desc1Non-Member ATM Fees
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt072800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt088065
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16490
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt015265
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt16490
IRS990/OtherRevenueTotalAmt094555
IRS990/OtherSalariesAndWagesGrp/TotalAmt01423327
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt080201922
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt083476696
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0131481
IRS990/PensionPlanContributionsGrp/TotalAmt0107679
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0115896
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0174871
IRS990/PrincipalOfficerNm0Tom Blake
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Charges
IRS990/ProgramServiceRevenueGrp/Desc1Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc2Other Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Share Draft Income
IRS990/ProgramServiceRevenueGrp/Desc4VISA & ATM Interchange
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0765370
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14126781
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3348981
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4429496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0766060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14126781
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3348981
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4429496
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0690
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 8,997.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01126612
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02756094
IRS990/PYOtherRevenueAmt0114290
IRS990/PYProgramServiceRevenueAmt05182036
IRS990/PYRevenuesLessExpensesAmt01629136
IRS990/PYSalariesCompEmpBnftPaidAmt02037708
IRS990/PYTotalExpensesAmt04793802
IRS990/PYTotalRevenueAmt06422938
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01629878
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt022585756
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt023814833
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019725250
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024701262
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01684917
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01416936
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03101853
IRS990ScheduleD/EquipmentGrp/BookValueAmt084644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0636833
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0721477
IRS990ScheduleD/LandGrp/BookValueAmt0531200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0531200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015972
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0202541
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0218513
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0145420
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0494930
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0640350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1136860372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Total Share & Deposit Accounts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02462153
IRS990ScheduleD/TotalLiabilityAmt0136860373
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0166618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt013346
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tom Blake
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179964
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.

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$163,458,437
Liabilities
$139,643,604
Net assets
$23,814,833
Revenue
$7,140,029
Expenses
$5,510,151
Net income
$1,629,878
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