Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2015 • EIN 38-1502320

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization Profilewww.safeharborcu.org
1200 East Tinkham Ave PO Box 980Ludington, MI 49431

(231) 843-2323

Siviq Scores

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

Liabilities / Assets

81st percentile

0.91x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

23.55x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Net Margin

81st percentile

16%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

18th percentile

$64,541

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Asset Growth

75th percentile

6.1%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

2.6%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$45,612,806

Up $2,636,520 (+6.1%) from 2014

Net Assets

Up

$4,116,897

Up $275,179 (+7.2%) from 2014

Liabilities

Up

$41,495,909

Up $2,361,341 (+6.0%) from 2014

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin81st percentile

Revenue

Up

$1,761,962

Up $45,181 (+2.6%) from 2014

Expenses

Up

$1,486,783

Up $90,583 (+6.5%) from 2014

Net Income

Down

$275,179

Down $45,402 (-14%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$150M$100M$50M$0Assets 2011: $38,728,538Liabilities 2011: $35,447,986Net Assets 2011: $3,280,5522011Assets 2012: $40,463,311Liabilities 2012: $37,132,455Net Assets 2012: $3,330,8562012Assets 2013: $41,664,354Liabilities 2013: $38,143,217Net Assets 2013: $3,521,1372013Assets 2014: $42,976,286Liabilities 2014: $39,134,568Net Assets 2014: $3,841,7182014Assets 2015: $45,612,806Liabilities 2015: $41,495,909Net Assets 2015: $4,116,8972015Assets 2016: $49,054,280Liabilities 2016: $44,329,273Net Assets 2016: $4,725,0072016Assets 2017: $55,500,247Liabilities 2017: $50,036,942Net Assets 2017: $5,463,3052017Assets 2018: $60,570,880Liabilities 2018: $54,153,837Net Assets 2018: $6,417,0432018Assets 2019: $68,656,173Liabilities 2019: $61,197,377Net Assets 2019: $7,458,7962019Assets 2020: $90,114,212Liabilities 2020: $81,381,342Net Assets 2020: $8,732,8702020Assets 2021: $115,789,005Liabilities 2021: $105,551,764Net Assets 2021: $10,237,2412021Assets 2022: $130,837,946Liabilities 2022: $119,650,107Net Assets 2022: $11,187,8392022Assets 2023: $144,959,154Liabilities 2023: $131,917,613Net Assets 2023: $13,041,5412023

Highlighted filing

2015

Assets$45,612,806
Liabilities$41,495,909
Net Assets$4,116,897
Open 2015 Filing

Operations Trend

Revenue Growth61st percentile

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

$10M$5.0M$0Expenses 2011: $1,635,1512011Revenue 2012: $1,708,692Expenses 2012: $1,658,388Net Income 2012: $50,3042012Revenue 2013: $1,662,746Expenses 2013: $1,472,465Net Income 2013: $190,2812013Revenue 2014: $1,716,781Expenses 2014: $1,396,200Net Income 2014: $320,5812014Revenue 2015: $1,761,962Expenses 2015: $1,486,783Net Income 2015: $275,1792015Revenue 2016: $2,040,942Expenses 2016: $1,432,832Net Income 2016: $608,1102016Revenue 2017: $2,655,993Expenses 2017: $1,867,067Net Income 2017: $788,9262017Revenue 2018: $3,463,967Expenses 2018: $2,499,611Net Income 2018: $964,3562018Revenue 2019: $4,169,000Expenses 2019: $3,194,519Net Income 2019: $974,4812019Revenue 2020: $4,822,067Expenses 2020: $3,585,695Net Income 2020: $1,236,3722020Revenue 2021: $5,498,862Expenses 2021: $3,880,835Net Income 2021: $1,618,0272021Revenue 2022: $6,315,016Expenses 2022: $4,749,542Net Income 2022: $1,565,4742022Revenue 2023: $8,484,424Expenses 2023: $6,772,288Net Income 2023: $1,712,1362023

Highlighted filing

2015

Revenue$1,761,962
Expenses$1,486,783
Net Income$275,179
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.0
Gross Receipts
$1,761,962
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$24,179,749$26,810,375▲ $2,630,626
Investments Other Securities$11,774,013$12,253,104▲ $479,091
Savings and Temporary Cash Investments$4,637,535$4,202,344▼ $435,191
Rtn Earn Endowment Incm Other Fnds$3,841,718$4,116,897▲ $275,179
Land, Buildings, and Equipment, Net$1,242,799$1,205,434▼ $37,365
Cash and Non-Interest-Bearing Accounts$573,603$560,834▼ $12,769
Prepaid Expenses and Deferred Charges$44,077$35,277▼ $8,800
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$42,976,286$45,612,806▲ $2,636,520
Other Assets Total$524,510$545,438▲ $20,928
Liabilities
Other Liabilities$38,919,522$41,282,115▲ $2,362,593
Accounts Payable and Accrued Expenses$215,046$213,794▼ $1,252
Total Liabilities$39,134,568$41,495,909▲ $2,361,341
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,841,718$4,116,897▲ $275,179
Total Liabilities and Net Assets / Fund Balance$42,976,286$45,612,806▲ $2,636,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,005,839$335,489$1,341,328
Other Land Buildings$79,954$262,106$342,060
Equipment$73,072$105,632$178,704
Leasehold Improvements$18,013$49,534$67,547
Land$28,556-$28,556
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jean MazurCEO/presidentFT$64,541$64,541
David EykePresident/CEOFT$7,692$7,692

Board Members and Trustees

NameTitle
Kevin RichardsonChairman
Rick ChapmanVice Chair
Kelli SmithDirector
Marcia HansenDirector
Ronald LambDirector
Tangee PettisSecretary
David KasleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,534,791
Investment Income
$215,878
Other Revenue
$11,293
Change in Net Assets
$275,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$804,178
Salaries, Compensation, and Employee Benefits$682,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$462,653
Other Employee Benefits---$146,162
Interest---$103,086
Information Technology---$102,724
Occupancy---$96,169
Depreciation Depletion---$77,503
Advertising---$65,161
Office Expenses---$44,193
Payroll Taxes---$41,687
Pension Plan Contributions---$24,411
Other Expenses---$20,437
Insurance---$15,468
Fees for Services Accounting---$12,552
Travel---$11,915
Current Officers, Directors, Trustees, and Key Employees---$7,692
Fees for Services Legal---$1,039
Total Functional Expenses$0$0$0$1,486,783
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 Share Accounts$41,282,115
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 and 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
Safe Harbor Credit Union
EIN
38-1502320
Phone
2318432323
Address
1200 East Tinkham Ave PO Box 980, Ludington, MI 49431

Signing Officer

Name
David Eyke
Title
President/CEO
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Eyke
Formed
1952
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
20
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/OtherRevenueMiscGrp/Desc2Sprint Reimbursement
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011293
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt011293
IRS990/OtherRevenueTotalAmt011293
IRS990/OtherSalariesAndWagesGrp/TotalAmt0462653
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt024179749
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt026810375
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt041687
IRS990/PensionPlanContributionsGrp/TotalAmt024411
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044077
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035277
IRS990/PrincipalOfficerNm0David Eyke
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0Income on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Interchange Income
IRS990/ProgramServiceRevenueGrp/Desc2Non-Return Item Fees
IRS990/ProgramServiceRevenueGrp/Desc3Other Fees & Charges
IRS990/ProgramServiceRevenueGrp/Desc4Return Item Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01108235
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1157929
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt290060
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3116942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt461625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01108235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1157929
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt290060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3116942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt461625
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 2,130.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0229405
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0792641
IRS990/PYOtherRevenueAmt020746
IRS990/PYProgramServiceRevenueAmt01466630
IRS990/PYRevenuesLessExpensesAmt0320581
IRS990/PYSalariesCompEmpBnftPaidAmt0603559
IRS990/PYTotalExpensesAmt01396200
IRS990/PYTotalRevenueAmt01716781
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0275179
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03841718
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04116897
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04637535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04202344
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01005839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0335489
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01341328
IRS990ScheduleD/EquipmentGrp/BookValueAmt073072
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0105632
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0178704
IRS990ScheduleD/LandGrp/BookValueAmt028556
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt028556
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018013
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049534
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt067547
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt079954
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0262106
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0342060
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041282115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Share Accounts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01205434
IRS990ScheduleD/TotalBookValueSecuritiesAmt012253104
IRS990ScheduleD/TotalLiabilityAmt041282115
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt064541
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Jean Mazur
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt064541
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 and 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
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt042976286
IRS990/TotalAssetsEOYAmt045612806
IRS990/TotalAssetsGrp/BOYAmt042976286
IRS990/TotalAssetsGrp/EOYAmt045612806
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01486783
IRS990/TotalGrossUBIAmt011293
IRS990/TotalLiabilitiesBOYAmt039134568
IRS990/TotalLiabilitiesEOYAmt041495909
IRS990/TotalLiabilitiesGrp/BOYAmt039134568
IRS990/TotalLiabilitiesGrp/EOYAmt041495909
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03841718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04116897
IRS990/TotalProgramServiceRevenueAmt01534791
IRS990/TotalReportableCompFromOrgAmt072233
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01750669
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01761962
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt011293
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042976286
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045612806
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt011915
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 East Tinkham Ave
IRS990/USAddress/CityNm0Ludington
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd0494310980
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.safeharborcu.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David Eyke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10

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
$45,612,806
Liabilities
$41,495,909
Net assets
$4,116,897
Revenue
$1,761,962
Expenses
$1,486,783
Net income
$275,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$145$132$13.0$8.48$6.77$1.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$131$120$11.2$6.32$4.75$1.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$116$106$10.2$5.50$3.88$1.62
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.1$81.4$8.73$4.82$3.59$1.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.7$61.2$7.46$4.17$3.19$0.97
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.6$54.2$6.42$3.46$2.50$0.96
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.5$50.0$5.46$2.66$1.87$0.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.1$44.3$4.73$2.04$1.43$0.61
2015Detailed filing. Detailed filing data is available for this year.$45.6$41.5$4.12$1.76$1.49$0.28
2014Detailed filing. Detailed filing data is available for this year.$43.0$39.1$3.84$1.72$1.40$0.32
2013Detailed filing. Detailed filing data is available for this year.$41.7$38.1$3.52$1.66$1.47$0.19
2012Summary only. Only limited summary data is available for this year.$40.5$37.1$3.33$1.71$1.66$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.7$35.4$3.28$1.64