Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2020 • EIN 38-1502320

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

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

67th percentile

0.90x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

16.88x

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

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Net Margin

93rd percentile

26%

Higher net margin than 93% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

34th percentile

$129,254

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Asset Growth

98th percentile

31%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

16%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$90,114,212

Up $21,458,039 (+31%) from 2019

Net Assets

Up

$8,732,870

Up $1,274,074 (+17%) from 2019

Liabilities

Up

$81,381,342

Up $20,183,965 (+33%) from 2019

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin93rd percentile

Revenue

Up

$4,822,067

Up $653,067 (+16%) from 2019

Expenses

Up

$3,585,695

Up $391,176 (+12%) from 2019

Net Income

Up

$1,236,372

Up $261,891 (+27%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2020

Assets$90,114,212
Liabilities$81,381,342
Net Assets$8,732,870
Open 2020 Filing

Operations Trend

Revenue Growth97th 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

2020

Revenue$4,822,067
Expenses$3,585,695
Net Income$1,236,372
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$4,822,067
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$59,157,850$68,461,859▲ $9,304,009
Savings and Temporary Cash Investments$4,653,276$12,066,626▲ $7,413,350
Rtn Earn Endowment Incm Other Fnds$7,458,796$8,732,870▲ $1,274,074
Land, Buildings, and Equipment, Net$1,171,421$3,048,339▲ $1,876,918
Investments in Publicly Traded Securities$1,624,229$2,585,944▲ $961,715
Investments Other Securities$523,460$2,052,046▲ $1,528,586
Cash and Non-Interest-Bearing Accounts$726,467$869,302▲ $142,835
Prepaid Expenses and Deferred Charges$69,945$83,976▲ $14,031
Accounts Receivable$1,426$1,985▲ $559
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$68,656,173$90,114,212▲ $21,458,039
Other Assets Total$728,099$944,135▲ $216,036
Liabilities
Other Liabilities$60,546,107$80,943,107▲ $20,397,000
Accounts Payable and Accrued Expenses$651,270$438,235▼ $213,035
Total Liabilities$61,197,377$81,381,342▲ $20,183,965
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,458,796$8,732,870▲ $1,274,074
Total Liabilities and Net Assets / Fund Balance$68,656,173$90,114,212▲ $21,458,039

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,222,216$574,478$2,796,694
Land$646,635-$646,635
Other Land Buildings$151,728$255,673$407,401
Equipment$27,760$162,910$190,670
Leasehold Improvements-$12,750$12,750
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam JohnsonPresident/CEOFT$112,400$16,854$129,254
Kyle GurzynskiExecutive VPFT$86,821$22,621$109,442
Stephanie OverholtVP of LendingFT$68,990$16,351$85,341
Amy BaldwinVP / ControllerFT$70,639$5,009$75,648

Board Members and Trustees

NameTitle
Kevin RichardsonChairperson
David Kasleyvice chair
Julee SartoDirector
Kathy CouturierDirector
Marcia HansenDirector
Tangee PettisSecretary
Robert ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,679,199
Investment Income
$142,868
Other Revenue
$0
Change in Net Assets
$1,236,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,169,382
Salaries, Compensation, and Employee Benefits$1,416,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$701,003
Interest---$555,708
Current Officers, Directors, Trustees, and Key Employees---$399,715
Advertising---$221,168
Other Employee Benefits---$191,959
Information Technology---$163,828
Office Expenses---$139,779
Occupancy---$126,047
Depreciation Depletion---$101,907
Payroll Taxes---$86,090
Fees for Services Other---$68,899
All Other Expenses---$68,499
Pension Plan Contributions---$37,546
Other Expenses---$33,681
Fees for Services Accounting---$20,674
Conferences and Meetings---$18,007
Insurance---$17,286
Fees for Services Legal---$17,162
Travel---$302
Total Functional Expenses$0$0$0$3,585,695
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
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 Shares & Deposits$80,943,107
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 35% controlled entity
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

“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 approved by the VP of Lending and the President/CEO jointly. Denials need to be approved by the Board. 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
Adam Johnson
Title
President/CEO
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Formed
1952
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
29
Volunteers
7

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Patrick Haughey
Phone
8005225820
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VP / Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairperson
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt01697
IRS990/NetUnrlzdGainsLossesInvstAmt037702
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0126047
IRS990/OfficeExpensesGrp/TotalAmt0139779
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0728099
IRS990/OtherAssetsTotalGrp/EOYAmt0944135
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0191959
IRS990/OtherExpensesGrp/Desc0Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc1Loan Servicing
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Card/Check Losses
IRS990/OtherExpensesGrp/TotalAmt0312943
IRS990/OtherExpensesGrp/TotalAmt1268567
IRS990/OtherExpensesGrp/TotalAmt234925
IRS990/OtherExpensesGrp/TotalAmt333681
IRS990/OtherLiabilitiesGrp/BOYAmt060546107
IRS990/OtherLiabilitiesGrp/EOYAmt080943107
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0Income from Insurance
IRS990/OtherRevenueMiscGrp/Desc1Non-Member ATM Fees
IRS990/OtherRevenueMiscGrp/Desc2Sprint Reimbursement
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0701003
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt059157850
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt068461859
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt086090
IRS990/PensionPlanContributionsGrp/TotalAmt037546
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069945
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt083976
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/RelatedOrExemptFuncIncomeAmt03393447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1351107
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3723195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt487120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03393447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1351107
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3723195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt487120
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 12/31/2020 was 4,089.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0181139
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01960095
IRS990/PYProgramServiceRevenueAmt03987861
IRS990/PYRevenuesLessExpensesAmt0974481
IRS990/PYSalariesCompEmpBnftPaidAmt01234424
IRS990/PYTotalExpensesAmt03194519
IRS990/PYTotalRevenueAmt04169000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01236372
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07458796
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08732870
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04653276
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012066626
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02222216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0574478
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02796694
IRS990ScheduleD/EquipmentGrp/BookValueAmt027760
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0162910
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0190670
IRS990ScheduleD/LandGrp/BookValueAmt0646635
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0646635
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012750
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt012750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0151728
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0255673
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0407401
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080943107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares & Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03048339
IRS990ScheduleD/TotalLiabilityAmt080943107
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0914
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0business
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Marcia Hansen
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0One director has a business loan, with a balance of $927.49 as of December 31, 2017. One director has a business checking account.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt0914
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 approved by the VP of Lending and the President/CEO jointly. Denials need to be approved by the Board. 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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt068656173
IRS990/TotalAssetsEOYAmt090114212
IRS990/TotalAssetsGrp/BOYAmt068656173
IRS990/TotalAssetsGrp/EOYAmt090114212
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03585695
IRS990/TotalGrossUBIAmt019210
IRS990/TotalLiabilitiesBOYAmt061197377
IRS990/TotalLiabilitiesEOYAmt081381342
IRS990/TotalLiabilitiesGrp/BOYAmt061197377
IRS990/TotalLiabilitiesGrp/EOYAmt081381342
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07458796
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08732870
IRS990/TotalOtherCompensationAmt060835
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt019210
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt019210
IRS990/TotalProgramServiceRevenueAmt04679199
IRS990/TotalReportableCompFromOrgAmt0338850
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04802857
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04822067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt019210
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt068656173
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt090114212
IRS990/TravelGrp/TotalAmt0302
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 East Tinkham Ave PO Box 980
IRS990/USAddress/CityNm0Ludington

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,114,212
Liabilities
$81,381,342
Net assets
$8,732,870
Revenue
$4,822,067
Expenses
$3,585,695
Net income
$1,236,372
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
2020Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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