Civic Intelligence

Credit Unions Chartered in the State of Michigan Amalgamated Credit Union

990 • Fiscal year 2010 • EIN 38-1516865

Jan 01, 2010 to Dec 31, 2010 • Filed on Jul 30, 2011

4686 Fashion Square Blvd48604
Siviq Scores

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

Liabilities / Assets

41st percentile

0.87x

Higher debt load relative to assets than 41% of similar nonprofits.

2010 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$40,964,143

No earlier filing loaded for comparison.

Net Assets

$5,311,991

No earlier filing loaded for comparison.

Liabilities

$35,652,152

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,862,229

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $40,964,143Liabilities 2010: $35,652,152Net Assets 2010: $5,311,9912010Assets 2011: $40,535,704Liabilities 2011: $35,463,103Net Assets 2011: $5,072,6012011Assets 2012: $37,974,386Liabilities 2012: $34,122,482Net Assets 2012: $3,851,9042012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2010

Assets$40,964,143
Liabilities$35,652,152
Net Assets$5,311,991

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $2,862,2292010Expenses 2011: $2,269,9232011Revenue 2012: $1,365,001Expenses 2012: $2,479,768Net Income 2012: -$1,114,7672012Revenue 2013: $1,490,427Expenses 2013: $1,834,660Net Income 2013: -$344,2332013

Highlighted filing

2010

Revenue-
Expenses$2,862,229
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jul 30, 2011
Return Version
2010v3.4
Gross Receipts
$2,543,084
Mission and Program Overview

Mission

To provide the best possible finanacial services to our members at competitive rates and to maintain the philosophy of members helping members. As a community chartered credit union, we support social and economic programs in the community.

Major Activities

Activity 2
Various loans to members of all economic levels including first mortgage loans credit card loans auto loans signature loans
Activity 3
Share savings accounts all credit unions offer share savings accounts which pay dividends monthly, many credit unions offer special share savings accounts for minors and holiday accounts
Filing and Contact Details

Filer

EIN
38-1516865
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