Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2021 • EIN 38-1514946

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 06, 2022

Organization ProfileWWW.SECURITYCU.ORG

View Organization Page

5255 Security Park BlvdHolly, MI 48442

(810) 235-2322

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

45th percentile

20.12x

Higher debt load relative to revenue than 45% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Net Margin

38th percentile

15%

Higher net margin than 38% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

91st percentile

$837,014

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Asset Growth

49th percentile

11%

Faster asset growth than 49% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

45th percentile

2.3%

Faster revenue growth than 45% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$601,751,923

Up $60,455,535 (+11%) from 2020

Net Assets

Up

$45,836,816

Up $2,287,048 (+5.3%) from 2020

Liabilities

Up

$555,915,107

Up $58,168,487 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin38th percentile

Revenue

Up

$27,633,370

Up $621,450 (+2.3%) from 2020

Expenses

Down

$23,514,257

Down $1,494,186 (-6.0%) from 2020

Net Income

Up

$4,119,113

Up $2,115,636 (+106%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$800M$600M$400M$200M$0Assets 2010: $356,887,242Liabilities 2010: $327,683,982Net Assets 2010: $29,203,2602010Assets 2011: $355,801,669Liabilities 2011: $327,695,726Net Assets 2011: $28,105,9432011Assets 2012: $357,433,050Liabilities 2012: $328,500,108Net Assets 2012: $28,932,9422012Assets 2013: $380,950,718Liabilities 2013: $350,275,460Net Assets 2013: $30,675,2582013Assets 2014: $382,709,524Liabilities 2014: $349,432,077Net Assets 2014: $33,277,4472014Assets 2015: $406,245,681Liabilities 2015: $370,909,335Net Assets 2015: $35,336,3462015Assets 2016: $411,269,952Liabilities 2016: $375,210,547Net Assets 2016: $36,059,4052016Assets 2017: $415,381,893Liabilities 2017: $378,298,194Net Assets 2017: $37,083,6992017Assets 2018: $420,236,602Liabilities 2018: $383,170,975Net Assets 2018: $37,065,6272018Assets 2019: $445,821,034Liabilities 2019: $405,565,254Net Assets 2019: $40,255,7802019Assets 2020: $541,296,388Liabilities 2020: $497,746,620Net Assets 2020: $43,549,7682020Assets 2021: $601,751,923Liabilities 2021: $555,915,107Net Assets 2021: $45,836,8162021Assets 2022: $624,480,675Liabilities 2022: $583,476,701Net Assets 2022: $41,003,9742022Assets 2023: $638,584,325Liabilities 2023: $593,869,029Net Assets 2023: $44,715,2962023Assets 2024: $637,849,652Liabilities 2024: $587,356,323Net Assets 2024: $50,493,3292024

Highlighted filing

2021

Assets$601,751,923
Liabilities$555,915,107
Net Assets$45,836,816
Open 2021 Filing

Operations Trend

Revenue Growth45th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $24,204,0052010Revenue 2011: $19,296,389Expenses 2011: $20,393,706Net Income 2011: -$1,097,3172011Expenses 2012: $17,757,9442012Revenue 2013: $18,920,270Expenses 2013: $17,180,195Net Income 2013: $1,740,0752013Revenue 2014: $18,384,437Expenses 2014: $16,830,092Net Income 2014: $1,554,3452014Revenue 2015: $19,285,252Expenses 2015: $17,223,970Net Income 2015: $2,061,2822015Revenue 2016: $21,196,644Expenses 2016: $19,724,989Net Income 2016: $1,471,6552016Revenue 2017: $22,586,424Expenses 2017: $21,781,938Net Income 2017: $804,4862017Revenue 2018: $23,588,396Expenses 2018: $22,352,754Net Income 2018: $1,235,6422018Revenue 2019: $26,163,596Expenses 2019: $24,229,303Net Income 2019: $1,934,2932019Revenue 2020: $27,011,920Expenses 2020: $25,008,443Net Income 2020: $2,003,4772020Revenue 2021: $27,633,370Expenses 2021: $23,514,257Net Income 2021: $4,119,1132021Revenue 2022: $29,269,007Expenses 2022: $25,015,361Net Income 2022: $4,253,6462022Revenue 2023: $35,342,586Expenses 2023: $32,208,152Net Income 2023: $3,134,4342023Revenue 2024: $40,160,457Expenses 2024: $36,856,950Net Income 2024: $3,303,5072024

Highlighted filing

2021

Revenue$27,633,370
Expenses$23,514,257
Net Income$4,119,113
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 6, 2022
Return Version
2021v4.2
Gross Receipts
$38,602,023
Mission and Program Overview

Mission

We are our members' trusted, secure financial cooperative dedicated to providing exceptional value, personalized service, and convenience.

We are our members' trusted, secured financial cooperative dedicated to providing exceptional value, personalized service, and convenience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$369,315,005$382,069,111▲ $12,754,106
Investments Other Securities$43,840,386$56,917,834▲ $13,077,448
Investments in Publicly Traded Securities$46,376,219$53,735,003▲ $7,358,784
Cash and Non-Interest-Bearing Accounts$27,028,893$47,494,311▲ $20,465,418
Rtn Earn Endowment Incm Other Fnds$43,549,768$45,836,816▲ $2,287,048
Land, Buildings, and Equipment, Net$26,332,401$26,243,976▼ $88,425
Savings and Temporary Cash Investments$7,661,274$13,821,898▲ $6,160,624
Investments Program Related$4,662,424$5,227,197▲ $564,773
Accounts Receivable$1,409,865$1,368,130▼ $41,735
Prepaid Expenses and Deferred Charges$867,713$1,168,079▲ $300,366
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$541,296,388$601,751,923▲ $60,455,535
Other Assets Total$13,802,208$13,706,384▼ $95,824
Liabilities
Other Liabilities$487,333,784$548,444,496▲ $61,110,712
Accounts Payable and Accrued Expenses$10,412,836$7,470,611▼ $2,942,225
Total Liabilities$497,746,620$555,915,107▲ $58,168,487
Net Assets / Fund Balance
Total Net Assets Fund Balance$43,549,768$45,836,816▲ $2,287,048
Total Liabilities and Net Assets / Fund Balance$541,296,388$601,751,923▲ $60,455,535

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,877,820$5,590,904$18,468,724
Equipment$3,370,307$9,335,504$12,705,811
Land$8,561,602-$8,561,602
Leasehold Improvements$1,219,409$1,879,251$3,098,660
Other Land Buildings$214,838$53,837$268,675
Other Securities$603,600--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher EstesPresident and CEOFT$342,442$494,572$837,014
Jay YaxSVP Operations and COOFT$163,205$84,334$247,539
Joseph ReganVP of ItFT$133,090$45,790$178,880
Scott KnopfVP of Lending/loss PreventFT$118,591$43,065$161,656
Heidi SchwarzVP of AccountingFT$116,343$32,686$149,029

Board Members and Trustees

NameTitle
John TruchanChairman
Joseph Niedzwiecki1st Vice Chairman
Donald Henry2nd Vice Chairman
Don SorensenDirector
Jessie CollinsDirector
Richard HazelSecretary
Phil ThickTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack HenryElectronic Processing ServicesPO BOX 609, Monett, MO 65708$1,598,837
Informa Business SystemsAtm Processing And Maintenance5170 HARTSHORN DR, Flushing, MI 48443$1,534,212
US Signal Co LLCTelephone Service Provider201 IONIA AVE SW, Grand Rapids, MI 49503$310,290
VelocityMembership Rewards And Utilization ProgrPO BOX 460939, Fort Lauderdale, FL 33346$292,107
DoximCommunications Management747 E WHITCOMB AVE, Madison Heights, MI 48071$253,277
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,994,636
Investment Income
$1,638,734
Other Revenue
$0
Change in Net Assets
$4,119,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,910,826
Salaries, Compensation, and Employee Benefits$9,603,431
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,031,872
Office Expenses---$3,633,906
Depreciation Depletion---$1,686,401
Occupancy---$1,587,144
Other Employee Benefits---$1,460,403
Current Officers, Directors, Trustees, and Key Employees---$1,274,116
Advertising---$857,182
Interest---$802,803
Information Technology---$608,366
Payroll Taxes---$497,474
Pension Plan Contributions---$339,566
Insurance---$305,971
Other Expenses---$164,388
Travel---$127,610
Fees for Services Accounting---$65,208
Fees for Services Other---$45,994
Conferences and Meetings---$41,273
Fees for Services Legal---$15,282
Total Functional Expenses$0$0$0$23,514,257
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Shares and Deposits$548,444,496
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Section A, Line 4

“By-laws changed to expand the field of membership in ohio.”

Form 990, Part VI, Section A, Line 6

“The credit union has a single class of members, with equal rights of ownership, governance, and voting.”

Form 990, Part VI, Section A, Line 7A

“Members elect members of the governing body each year at the annual meeting. Board of directors members are elected for three year terms.”

Form 990, Part VI, Section A, Line 7B

“Decisions of the governing body that are subject to membership approval are mergers into another institution and charter changes.”

Form 990, Part VI, Section A, Line 8B

“The organization has no committees.”

Form 990, Part VI, Section B, Line 11B

“A review is completed by the vp of accounting prior to submission to the irs.”

Form 990, Part VI, Section B, Line 12C

“Upon election or appointment, the board of directors sign an oath of office that includes a conlict of interest statement. Management signs a conflict of interest policy annually and is reviewed by the president/ceo.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews the president/ceo performance and approves compensation. This is documented in the minutes and credit union executive society (cues), as well as the national association of credit union chairmen ceo salary survey. The president/ceo reviews all executive compensation using the credit union executive society (cues) guide and documentation is retained in their personnel files.”

Form 990, Part VI, Section C, Line 19

“The financial statements are posted in the lobby of each office. Other documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Security Credit Union
EIN
38-1514946
Phone
8102352322
Address
5255 SECURITY PARK BLVD, HOLLY, MI 48442

Signing Officer

Name
Heidi Schwarz
Title
VP of Accounting
Phone
8102352322
Signed
2022-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Estes
Formed
1955
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
175
Volunteers
7

Preparer

Firm
Rehmann Robson LLC
Address
PO BOX 2025, SAGINAW, MI 48605-2025
Preparer
Jeffrey E Hert CPA
Phone
9897999580
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in unrecognized retirement costs 418,303.”

Form 990, Part XII, Line 2C

“The process for oversight of the audit has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt, by statute (irc section 501(c)(14)), from federal and state income taxes.”

Raw XML AppendixShowing 400 of 553 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/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
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IRS990/Form990PartVIISectionAGrp/TitleTxt01ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt52ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP OF ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP OPERATIONS AND COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF LENDING/LOSS PREVENT
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IRS990/Form990TFiledInd01
IRS990/FormationYr01955
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt041988
IRS990/GainOrLossGrp/SecuritiesAmt0140848
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0351732
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010799757
IRS990/GrossReceiptsAmt038602023
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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0608366
IRS990/InsuranceGrp/TotalAmt0305971
IRS990/InterestGrp/TotalAmt0802803
IRS990/InvestmentIncomeGrp/ExclusionAmt01455898
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01455898
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt043840386
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt056917834
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04662424
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05227197
IRS990/InvestmentsPubTradedSecGrp/BOYAmt046376219
IRS990/InvestmentsPubTradedSecGrp/EOYAmt053735003
IRS990/IRPDocumentCnt02734
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt026332401
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026243976
IRS990/LandBldgEquipCostOrOtherBssAmt043103472
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0309744
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010658909
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE ARE OUR MEMBERS' TRUSTED, SECURED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING EXCEPTIONAL VALUE, PERSONALIZED SERVICE, AND CONVENIENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt043549768
IRS990/NetAssetsOrFundBalancesEOYAmt045836816
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0182836
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0182836
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2250368
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01587144
IRS990/OfficeExpensesGrp/TotalAmt03633906
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013802208
IRS990/OtherAssetsTotalGrp/EOYAmt013706384
IRS990/OtherChangesInNetAssetsAmt0418303
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01460403
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3OPERATING FEE
IRS990/OtherExpensesGrp/TotalAmt02242696
IRS990/OtherExpensesGrp/TotalAmt11097240
IRS990/OtherExpensesGrp/TotalAmt2629362
IRS990/OtherExpensesGrp/TotalAmt3164388
IRS990/OtherLiabilitiesGrp/BOYAmt0487333784
IRS990/OtherLiabilitiesGrp/EOYAmt0548444496
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt06031872
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0369315005
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0382069111
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0497474
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0339566
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0867713
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01168079
IRS990/PrincipalOfficerNm0CHRISTOPHER ESTES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE AND OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3NON-MEMBER ATM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018275938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17457188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018275938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17457188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2165466
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt396044
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0165466
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt196044
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE LOANS INCLUDING VEHICLE, BUSINESS, FIRST MORTGAGE, HOME EQUITY, LINE OF CREDIT, AND UNSECURED LOANS.
IRS990/ProgSrvcAccomActy3Grp/Desc0OFFER AUTOMATED TELLER MACHINES, WIRE TRANSFERS, MONEY ORDERS, HOME BANKING, MOBILE BANKING, AND VARIOUS INSURANCE PROGRAMS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01225030
IRS990/PYOtherExpensesAmt015953224
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt025786890
IRS990/PYRevenuesLessExpensesAmt02003477
IRS990/PYSalariesCompEmpBnftPaidAmt09055219
IRS990/PYTotalExpensesAmt025008443
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt027011920
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04119113
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt043549768
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt045836816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07661274
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013821898
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012877820
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05590904
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018468724
IRS990ScheduleD/EquipmentGrp/BookValueAmt03370307
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09335504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012705811
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08561602
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08561602
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01219409
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01879251
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03098660
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0214838
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053837
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0268675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0548444496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt055704234
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1610000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2603600
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AFS SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FED HOME LOAN BANK STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueSecuritiesAmt056917834
IRS990ScheduleD/TotalLiabilityAmt0548444496
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0342442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1163205
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2133090
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3118591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount080726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount120353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount210866
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount39707
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$601,751,923
Liabilities
$555,915,107
Net assets
$45,836,816
Revenue
$27,633,370
Expenses
$23,514,257
Net income
$4,119,113
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$638$587$50.5$40.2$36.9$3.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$639$594$44.7$35.3$32.2$3.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$624$583$41.0$29.3$25.0$4.25
2021Detailed filing. Detailed filing data is available for this year.$602$556$45.8$27.6$23.5$4.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$541$498$43.5$27.0$25.0$2.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$446$406$40.3$26.2$24.2$1.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$420$383$37.1$23.6$22.4$1.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$415$378$37.1$22.6$21.8$0.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$411$375$36.1$21.2$19.7$1.47
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$406$371$35.3$19.3$17.2$2.06
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$383$349$33.3$18.4$16.8$1.55
2013Detailed filing. Detailed filing data is available for this year.$381$350$30.7$18.9$17.2$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$357$329$28.9$17.8
2011Summary only. Only limited summary data is available for this year.$356$328$28.1$19.3$20.4$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$357$328$29.2$24.2