Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2014 • EIN 38-1515480

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 29, 2015

Organization Profilewww.wanigas.com

View Organization Page

1837 Bagley StreetSaginaw, MI 48601

(989) 799-9800

Siviq Scores

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

Liabilities / Assets

27th percentile

0.88x

Higher debt load relative to assets than 27% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

40th percentile

17.19x

Higher debt load relative to revenue than 40% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

83rd percentile

23%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

28th percentile

$300,678

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

40th percentile

4.0%

Faster asset growth than 40% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

50th percentile

2.0%

Faster revenue growth than 50% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$298,255,800

Up $11,368,992 (+4.0%) from 2013

Net Assets

Up

$37,105,009

Up $3,626,794 (+11%) from 2013

Liabilities

Up

$261,150,791

Up $7,742,198 (+3.1%) from 2013

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin83rd percentile

Revenue

Up

$15,194,890

Up $302,632 (+2.0%) from 2013

Expenses

Down

$11,724,533

Down $63,053 (-0.5%) from 2013

Net Income

Up

$3,470,357

Up $365,685 (+12%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$400M$300M$200M$100M$0Assets 2010: $245,558,656Liabilities 2010: $219,720,616Net Assets 2010: $25,838,0402010Assets 2011: $263,240,306Liabilities 2011: $234,943,207Net Assets 2011: $28,297,0992011Assets 2012: $269,001,764Liabilities 2012: $237,500,143Net Assets 2012: $31,501,6212012Assets 2013: $286,886,808Liabilities 2013: $253,408,593Net Assets 2013: $33,478,2152013Assets 2014: $298,255,800Liabilities 2014: $261,150,791Net Assets 2014: $37,105,0092014Assets 2015: $306,565,515Liabilities 2015: $266,690,031Net Assets 2015: $39,875,4842015Assets 2016: $326,110,499Liabilities 2016: $284,185,052Net Assets 2016: $41,925,4472016Assets 2017: $319,404,298Liabilities 2017: $275,494,620Net Assets 2017: $43,909,6782017Assets 2018: $325,627,583Liabilities 2018: $280,004,444Net Assets 2018: $45,623,1392018Assets 2019: $338,938,733Liabilities 2019: $289,296,766Net Assets 2019: $49,641,9672019Assets 2020: $389,774,873Liabilities 2020: $335,606,800Net Assets 2020: $54,168,0732020

Highlighted filing

2014

Assets$298,255,800
Liabilities$261,150,791
Net Assets$37,105,009
Open 2014 Filing

Operations Trend

Revenue Growth50th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $12,906,9642010Expenses 2011: $13,144,4852011Expenses 2012: $12,433,8452012Revenue 2013: $14,892,258Expenses 2013: $11,787,586Net Income 2013: $3,104,6722013Revenue 2014: $15,194,890Expenses 2014: $11,724,533Net Income 2014: $3,470,3572014Revenue 2015: $15,739,713Expenses 2015: $12,770,157Net Income 2015: $2,969,5562015Revenue 2016: $16,642,141Expenses 2016: $13,797,653Net Income 2016: $2,844,4882016Revenue 2017: $16,857,036Expenses 2017: $14,429,899Net Income 2017: $2,427,1372017Revenue 2018: $17,789,919Expenses 2018: $14,696,918Net Income 2018: $3,093,0012018Revenue 2019: $18,618,496Expenses 2019: $16,251,625Net Income 2019: $2,366,8712019Revenue 2020: $19,217,947Expenses 2020: $15,901,807Net Income 2020: $3,316,1402020

Highlighted filing

2014

Revenue$15,194,890
Expenses$11,724,533
Net Income$3,470,357
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 29, 2015
Return Version
2014v5.0
Gross Receipts
$33,469,726
Mission and Program Overview

Mission

A member-owned financial cooperative dedicated to providing a full range of quality financial products and services that meet the ever-changing needs of our membership.

To provide financial services to member owners with a common bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$186,044,262$194,562,879▲ $8,518,617
Investments Other Securities$78,488,996$81,500,515▲ $3,011,519
Rtn Earn Endowment Incm Other Fnds$33,478,215$37,105,009▲ $3,626,794
Cash and Non-Interest-Bearing Accounts$7,766,731$7,600,851▼ $165,880
Land, Buildings, and Equipment, Net$4,394,689$4,248,347▼ $146,342
Investments Program Related$4,485,775$4,057,165▼ $428,610
Accounts Receivable$1,241,931$1,673,477▲ $431,546
Prepaid Expenses and Deferred Charges$442,272$358,090▼ $84,182
Savings and Temporary Cash Investments$950$953▲ $3
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$286,886,808$298,255,800▲ $11,368,992
Other Assets Total$4,021,202$4,253,523▲ $232,321
Liabilities
Other Liabilities$237,162,023$242,875,658▲ $5,713,635
Mortgage Notes Payable Secured by Investment Property$13,123,809$16,216,850▲ $3,093,041
Accounts Payable and Accrued Expenses$3,122,761$2,058,283▼ $1,064,478
Total Liabilities$253,408,593$261,150,791▲ $7,742,198
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,478,215$37,105,009▲ $3,626,794
Total Liabilities and Net Assets / Fund Balance$286,886,808$298,255,800▲ $11,368,992

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,113,594$2,587,891$5,701,485
Equipment$642,928$696,972$1,339,900
Land$491,825-$491,825
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Securities$1--
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bernard D WilliamsChief Executive OfficerFT$216,017$84,661$300,678
Tammy A OLearyDirector of LendingFT$126,922$12,453$139,375
Jay Julius Peitsch SrChief Financial OfficerFT$108,750$26,728$135,478

Board Members and Trustees

NameTitle
Michael BallsChairperson
Valorie GreenVice Chairperson
Gerald LittleDirector
Larry GosenDirector
Oscar GonzalesDirector
Sheldon MatthewsSecretary
Steve JurikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,770,402
Investment Income
$1,424,488
Other Revenue
$0
Change in Net Assets
$3,470,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,738,307
Salaries, Compensation, and Employee Benefits$4,986,226
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,528,503
Office Expenses---$1,645,187
Interest---$845,820
Current Officers, Directors, Trustees, and Key Employees---$575,531
Information Technology---$558,567
Depreciation Depletion---$481,713
Occupancy---$452,173
Payroll Taxes---$349,607
Advertising---$326,531
Other Employee Benefits---$306,246
Fees for Services Other---$268,865
Conferences and Meetings---$267,153
Pension Plan Contributions---$226,339
Insurance---$102,136
Other Expenses---$94,209
Fees for Services Accounting---$41,871
All Other Expenses---$33,653
Fees for Services Legal---$30,582
Travel---$26,773
Total Functional Expenses$0$0$0$11,724,533
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
Member Shares$242,875,658
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, 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

“The Board of Directors is elected by membership ballot vote. Each Board member is elected for a three year term.”

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

“Credit Union decisions that are subject to membership approval are mergers and change in charter.”

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

“A review is conducted by the CEO and CFO prior to submission to the IRS to ensure completeness and accuracy. This information is reviewed by the Board of Directors prior to submission. The accounting department maintains the 990 Tax Return and supporting documentation.”

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

“The policy is made available to all staff.”

Form 990, Part VI, Section B, Line 15

“The Credit Union adopted a market-value driven compensation strategy. They use market value and job content to set a market rate for each position. Managers can then use this input to make salary decisions. Overall application is approved by the Board of Directors. The last review was performed in 2014.”

Form 990, Part VI, Section C, Line 19

“Financial Statements are posted in the Credit Union lobby. Other documents and policies are available for review upon written request.”

Filing and Contact Details

Filer

Filer Name
Wanigas Credit Union
EIN
38-1515480
Phone
9897999800
Address
1837 Bagley Street, Saginaw, MI 48601

Signing Officer

Name
Bernard D Williams
Title
Chief Executive Officer
Phone
9897999800
Signed
2015-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bernard D Williams
Formed
1952
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
128
Volunteers
15

Preparer

Firm
Cindrich Mahalak & Co
Address
31215 Jefferson Ave, St Clair Shores, MI 48082
Preparer
Roy Griffor Jr
Phone
5862961155
Raw XML AppendixShowing 400 of 462 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03122761
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02058283
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IRS990/AccountsReceivableGrp/EOYAmt01673477
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide financial services to member owners with a common bond.
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IRS990/AllOtherExpensesGrp/TotalAmt033653
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IRS990/BooksInCareOfDetail/PhoneNum09897999800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01837 Bagley Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Saginaw
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/Desc0Provide 25,620 members with Regular Share, Vacation, Christmas Club, Cash Management, Business, IRA and Certificate of Deposit accounts totaling 50,506.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Balls
IRS990/Form990PartVIISectionAGrp/PersonNm4Sheldon Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm5Steve Jurik
IRS990/Form990PartVIISectionAGrp/PersonNm6Valorie Green
IRS990/Form990PartVIISectionAGrp/PersonNm7Jay Julius Peitsch Sr
IRS990/Form990PartVIISectionAGrp/PersonNm8Bernard D Williams
IRS990/Form990PartVIISectionAGrp/PersonNm9Tammy A OLeary
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director of Lending
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IRS990/OtherExpensesGrp/Desc2Miscellaneous Operating Expense
IRS990/OtherExpensesGrp/Desc3Examination Fee /Association Dues
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IRS990/PayrollTaxesGrp/TotalAmt0349607
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0226339
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0442272
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0358090
IRS990/PrincipalOfficerNm0Bernard D Williams
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1517000
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest
IRS990/ProgramServiceRevenueGrp/Desc1Fee & Other Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09415328
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14314442
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09415328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14355074
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt140632
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide 21,481 loans including Vehicle, Signature, Recreational Vehicle, Student, Mortgage, Home Equity, Overdraft Privilege, Overdraft Protection and Credit Card loans.
IRS990/ProgSrvcAccomActy3Grp/Desc0Offer Automated Teller Machines, Safe Deposit Boxes, Wire Transfers, Money Orders, Debit Cards and various insurance programs.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01205060
IRS990/PYOtherExpensesAmt06634701
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt013687198
IRS990/PYRevenuesLessExpensesAmt03104672
IRS990/PYSalariesCompEmpBnftPaidAmt05152885
IRS990/PYTotalExpensesAmt011787586
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014892258
IRS990/ReconcilationRevenueExpnssAmt03470357
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033478215
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt037105009
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0950
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0953
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03113594
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02587891
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05701485
IRS990ScheduleD/EquipmentGrp/BookValueAmt0642928
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0696972
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01339900
IRS990ScheduleD/LandGrp/BookValueAmt0491825
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0491825
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0242875658
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05482000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt174852314
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21166200
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Certificates of Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Available for Sale Investments
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FHLB Stock
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Visa Stock
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04248347
IRS990ScheduleD/TotalBookValueSecuritiesAmt081500515
IRS990ScheduleD/TotalLiabilityAmt0242875658
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0216017
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount028712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt028607
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt09182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Bernard D Williams
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chief Executive Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0300678
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Companion travel is provided for the CEO and all Key Employees.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 1a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union has a single class of members with equal rights of ownership, governance, and voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors is elected by membership ballot vote. Each Board member is elected for a three year term.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Credit Union decisions that are subject to membership approval are mergers and change in charter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A review is conducted by the CEO and CFO prior to submission to the IRS to ensure completeness and accuracy. This information is reviewed by the Board of Directors prior to submission. The accounting department maintains the 990 Tax Return and supporting documentation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The policy is made available to all staff.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Credit Union adopted a market-value driven compensation strategy. They use market value and job content to set a market rate for each position. Managers can then use this input to make salary decisions. Overall application is approved by the Board of Directors. The last review was performed in 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Financial Statements are posted in the Credit Union lobby. Other documents and policies are available for review upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0286886808
IRS990/TotalAssetsEOYAmt0298255800
IRS990/TotalAssetsGrp/BOYAmt0286886808
IRS990/TotalAssetsGrp/EOYAmt0298255800
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt0128
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt011724533
IRS990/TotalGrossUBIAmt040632
IRS990/TotalLiabilitiesBOYAmt0253408593
IRS990/TotalLiabilitiesEOYAmt0261150791
IRS990/TotalLiabilitiesGrp/BOYAmt0253408593
IRS990/TotalLiabilitiesGrp/EOYAmt0261150791

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$298,255,800
Liabilities
$261,150,791
Net assets
$37,105,009
Revenue
$15,194,890
Expenses
$11,724,533
Net income
$3,470,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$390$336$54.2$19.2$15.9$3.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$339$289$49.6$18.6$16.3$2.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$326$280$45.6$17.8$14.7$3.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$319$275$43.9$16.9$14.4$2.43
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$326$284$41.9$16.6$13.8$2.84
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$307$267$39.9$15.7$12.8$2.97
2014Detailed filing. Detailed filing data is available for this year.$298$261$37.1$15.2$11.7$3.47
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$287$253$33.5$14.9$11.8$3.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$269$238$31.5$12.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$263$235$28.3$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$246$220$25.8$12.9
Peer Organizations

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