Civic Intelligence

Credit Unions Chartered in the State of Michigan 4 Front Credit Union

990 • Fiscal year 2016 • EIN 38-1524350

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileWWW.4FRONTCU.COM

View Organization Page

3745 North US 31 SouthTraverse City, MI 49684

(231) 929-2000

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.89x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

16.19x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

14th percentile

$257,045

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2016

Asset Growth

65th percentile

7.5%

Faster asset growth than 65% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

12%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$458,969,484

Up $32,107,001 (+7.5%) from 2015

Net Assets

Up

$50,230,512

Up $3,857,212 (+8.3%) from 2015

Liabilities

Up

$408,738,972

Up $28,249,789 (+7.4%) from 2015

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin66th percentile

Revenue

Up

$25,240,982

Up $2,748,265 (+12%) from 2015

Expenses

Up

$21,208,895

Up $185,061 (+0.9%) from 2015

Net Income

Up

$4,032,087

Up $2,563,204 (+175%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$1.5B$1.0B$500M$0Assets 2010: $185,622,015Liabilities 2010: $167,951,128Net Assets 2010: $17,670,8872010Assets 2011: $196,644,636Liabilities 2011: $177,793,583Net Assets 2011: $18,851,0532011Assets 2012: $210,458,876Liabilities 2012: $190,311,653Net Assets 2012: $20,147,2232012Assets 2013: $218,300,807Liabilities 2013: $197,583,494Net Assets 2013: $20,717,3132013Assets 2014: $228,412,401Liabilities 2014: $205,351,989Net Assets 2014: $23,060,4122014Assets 2015: $426,862,483Liabilities 2015: $380,489,183Net Assets 2015: $46,373,3002015Assets 2016: $458,969,484Liabilities 2016: $408,738,972Net Assets 2016: $50,230,5122016Assets 2017: $488,650,887Liabilities 2017: $434,541,083Net Assets 2017: $54,109,8042017Assets 2018: $516,059,883Liabilities 2018: $456,843,153Net Assets 2018: $59,216,7302018Assets 2019: $560,363,272Liabilities 2019: $494,794,646Net Assets 2019: $65,568,6262019Assets 2020: $742,406,934Liabilities 2020: $669,025,695Net Assets 2020: $73,381,2392020Assets 2021: $896,646,295Liabilities 2021: $816,500,069Net Assets 2021: $80,146,2262021Assets 2022: $1,009,844,526Liabilities 2022: $933,681,311Net Assets 2022: $76,163,2152022Assets 2023: $1,086,820,765Liabilities 2023: $1,004,190,107Net Assets 2023: $82,630,6582023Assets 2024: $1,028,814,833Liabilities 2024: $943,339,336Net Assets 2024: $85,475,4972024

Highlighted filing

2016

Assets$458,969,484
Liabilities$408,738,972
Net Assets$50,230,512
Open 2016 Filing

Operations Trend

Revenue Growth80th percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $12,014,0912010Expenses 2011: $11,540,2002011Expenses 2012: $10,777,9912012Revenue 2013: $11,103,410Expenses 2013: $9,742,358Net Income 2013: $1,361,0522013Revenue 2014: $12,068,256Expenses 2014: $10,729,566Net Income 2014: $1,338,6902014Revenue 2015: $22,492,717Expenses 2015: $21,023,834Net Income 2015: $1,468,8832015Revenue 2016: $25,240,982Expenses 2016: $21,208,895Net Income 2016: $4,032,0872016Revenue 2017: $28,236,946Expenses 2017: $24,268,196Net Income 2017: $3,968,7502017Revenue 2018: $34,298,344Expenses 2018: $28,441,271Net Income 2018: $5,857,0732018Revenue 2019: $39,221,324Expenses 2019: $34,435,623Net Income 2019: $4,785,7012019Revenue 2020: $43,206,858Expenses 2020: $36,701,631Net Income 2020: $6,505,2272020Revenue 2021: $51,854,069Expenses 2021: $42,435,257Net Income 2021: $9,418,8122021Revenue 2022: $56,680,662Expenses 2022: $45,227,865Net Income 2022: $11,452,7972022Revenue 2023: $72,347,605Expenses 2023: $68,221,104Net Income 2023: $4,126,5012023Revenue 2024: $76,251,267Expenses 2024: $76,831,381Net Income 2024: -$580,1142024

Highlighted filing

2016

Revenue$25,240,982
Expenses$21,208,895
Net Income$4,032,087
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$35,577,045
Mission and Program Overview

Mission

To provide financial services to members with a common bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$269,373,975$336,270,956▲ $66,896,981
Investments in Publicly Traded Securities$107,833,592$79,714,655▼ $28,118,937
Rtn Earn Endowment Incm Other Fnds$46,373,300$50,230,512▲ $3,857,212
Land, Buildings, and Equipment, Net$13,915,559$17,430,474▲ $3,514,915
Cash and Non-Interest-Bearing Accounts$7,304,066$5,854,196▼ $1,449,870
Investments Other Securities$1,565,924$2,975,274▲ $1,409,350
Intangible Assets$3,005,676$2,671,712▼ $333,964
Accounts Receivable$716,150$1,458,004▲ $741,854
Prepaid Expenses and Deferred Charges$462,164$452,907▼ $9,257
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Savings and Temporary Cash Investments$10,843,707$-144,494▼ $10,988,201
Total Assets$426,862,483$458,969,484▲ $32,107,001
Other Assets Total$11,841,670$12,285,800▲ $444,130
Liabilities
Other Liabilities$376,161,854$398,360,060▲ $22,198,206
Mortgage Notes Payable Secured by Investment Property-$6,562,000-
Accounts Payable and Accrued Expenses$4,327,329$3,816,912▼ $510,417
Total Liabilities$380,489,183$408,738,972▲ $28,249,789
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,373,300$50,230,512▲ $3,857,212
Total Liabilities and Net Assets / Fund Balance$426,862,483$458,969,484▲ $32,107,001

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,260,976-$9,260,976
Land$4,411,048-$4,411,048
Equipment$3,758,450-$3,758,450
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David LeusinkCEOFT$213,022$44,023$257,045
Andrew KempfPresidentFT$168,903$35,216$204,119
Douglas SeaneyVP - LendingFT$110,037$13,433$123,470

Board Members and Trustees

NameTitle
Michael SlaterChairman
Todd RohrbackVice Chairman
Brian AusdemoreDirector
Charles HagueDirector
James HoffmanDirector
John ElzingaDirector
Julie KosloskeyDirector
Peggy HaroldDirector
Sandra LepageDirector
Tom WolfDirector
Walt CoyleDirector
Bryan LindforsSecretary
Larry FayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Burdco IncorporatedBuilding Contractors1222 VETERANS DR STE A, Traverse, MI 49684$510,921
Q2 Software INCOnline BankingPO BOX 205970, Dallas, TX 75320$363,874
Image360Interior Branding/signage1702 BARLOW ST, Traverse City, MI 49686$351,661
IdscomStatements/notices/newsletters747 E WHITCOMB AVE, Madison Heights, MI 48071$329,714
Fiserv INCDebit/credit Card Processor75 REMITTANCE DR STE 6959, Chicago, IL 60675$291,266
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,109,460
Investment Income
$1,976,455
Other Revenue
$155,067
Change in Net Assets
$4,032,087

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,240,982
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$25,240,982
Total Revenue per Form 990
$25,240,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,368,243
Salaries, Compensation, and Employee Benefits$8,840,652
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,378,807
Office Expenses---$1,931,997
Depreciation Depletion---$1,509,096
Interest---$1,030,106
Occupancy---$929,873
Other Employee Benefits---$881,458
Other Expenses---$700,809
Advertising---$594,590
Payroll Taxes---$571,930
Pension Plan Contributions---$547,293
Current Officers, Directors, Trustees, and Key Employees---$461,164
All Other Expenses---$444,414
Information Technology---$336,649
Fees for Services Management---$302,413
Insurance---$199,446
Fees for Services Other---$82,948
Conferences and Meetings---$64,999
Fees for Services Accounting---$57,600
Travel---$53,497
Payments to Affiliates---$31,356
Total Functional Expenses$0$0$0$21,208,895

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,208,895
Total Expenses per Audited Statements$21,208,895
Total Expenses per Form 990$21,208,895
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Regular Shares$141,105,942
Money Market Shares$99,141,857
Checking$83,156,055
Share Certificates$38,978,101
Ira Accounts$25,784,260
All Other Shares$10,193,845
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

“Members vote and elect board members at the annual meeting.”

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

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

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

“Management reviews the tax returns and forwards u.s. Form 8879-eo to the tax preparer.”

Form 990, Part VI, Section B, Line 15

“The ceo and president each receive a performanace appraisal from the entire board and then the compensation committee makes a recommendation to the board for compensation based on results of the appraisal and wage ranges are set based on compensable factors using compease (a company that looks at national, regional, state and area compensation surveys). For other officers and key employees - performance appraisals are conductied by either the president or the ceo with compensation levels also set using compease.”

Form 990, Part VI, Section C, Line 19

“Monthly financials are available upon request at credit union offices. Other governing documents are available for review upon request at 3963 w. Royal drive, traverse city, mi.”

Filing and Contact Details

Filer

Filer Name
Credit Unions Chartered in the State of
EIN
38-1524350
Phone
2319292000
Address
3745 NORTH US 31 SOUTH, TRAVERSE CITY, MI 49684
Doing Business As
4 Front Credit Union

Signing Officer

Name
Andrew Kempf
Title
President
Phone
2319292000
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Kempf
Formed
1954
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
221
Volunteers
11

Preparer

Firm
Doeren Mayhew
Address
305 WEST BIG BEAVER ROAD, TROY, MI 48084
Preparer
Robin D Hoag CPA
Phone
2482443000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The credit union's financial statements audit is performed by independent accountants for the twelve-months ended march 31. There are no revenue/expense items that are included in the audited financial that wouldn't be reported in form 990. There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.”

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 538 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/PersonNm13DAVID LEUSINK
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDREW KEMPF
IRS990/Form990PartVIISectionAGrp/PersonNm15DOUGLAS SEANEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13219431
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14172182
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15110037
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP - LENDING
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-2822
IRS990/GainOrLossGrp/SecuritiesAmt020537
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0610888
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09742890
IRS990/GrossReceiptsAmt035577045
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0336649
IRS990/InsuranceGrp/TotalAmt0199446
IRS990/IntangibleAssetsGrp/BOYAmt03005676
IRS990/IntangibleAssetsGrp/EOYAmt02671712
IRS990/InterestGrp/TotalAmt01030106
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01958740
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01958740
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01565924
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02975274
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0107833592
IRS990/InvestmentsPubTradedSecGrp/EOYAmt079714655
IRS990/IRPDocumentCnt08764
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013915559
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017430474
IRS990/LandBldgEquipCostOrOtherBssAmt017430474
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0613710
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09722353
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL SERVICES TO MEMBERS WITH A COMMON BOND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06562000
IRS990/NetAssetsOrFundBalancesBOYAmt046373300
IRS990/NetAssetsOrFundBalancesEOYAmt050230512
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt017715
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt017715
IRS990/NetUnrelatedBusTxblIncmAmt044853
IRS990/NetUnrlzdGainsLossesInvstAmt0-174875
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0929873
IRS990/OfficeExpensesGrp/TotalAmt01931997
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011841670
IRS990/OtherAssetsTotalGrp/EOYAmt012285800
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0881458
IRS990/OtherExpensesGrp/Desc0DEBIT/CREDIT EXPENSES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt02011105
IRS990/OtherExpensesGrp/TotalAmt11205086
IRS990/OtherExpensesGrp/TotalAmt2882259
IRS990/OtherExpensesGrp/TotalAmt3700809
IRS990/OtherLiabilitiesGrp/BOYAmt0376161854
IRS990/OtherLiabilitiesGrp/EOYAmt0398360060
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2524298
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/Desc1NONMEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/Desc2INSURANCE REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070951
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt164374
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt219742
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt070951
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt164374
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt219742
IRS990/OtherRevenueTotalAmt0155067
IRS990/OtherSalariesAndWagesGrp/TotalAmt06378807
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0269373975
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0336270956
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt031356
IRS990/PayrollTaxesGrp/TotalAmt0571930
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0547293
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0462164
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0452907
IRS990/PrincipalOfficerNm0ANDREW KEMPF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROG SERV REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015467780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13856527
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23785153
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015467780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13856527
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23785153
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 12/31/2016 WAS 35,668.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01687405
IRS990/PYOtherExpensesAmt012933578
IRS990/PYOtherRevenueAmt0130470
IRS990/PYProgramServiceRevenueAmt020674842
IRS990/PYRevenuesLessExpensesAmt01468883
IRS990/PYSalariesCompEmpBnftPaidAmt08090256
IRS990/PYTotalExpensesAmt021023834
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt022492717
IRS990/ReconcilationRevenueExpnssAmt04032087
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046373300
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt050230512
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010843707
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0-144494
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09260976
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09260976
IRS990ScheduleD/EquipmentGrp/BookValueAmt03758450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03758450
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt021208895
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04411048
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04411048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0141105942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt183156055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt299141857
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt338978101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt425784260
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt510193845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHECKING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SHARE CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRA ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ALL OTHER SHARES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt025240982
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017430474
IRS990ScheduleD/TotalExpensesPerForm990Amt021208895
IRS990ScheduleD/TotalLiabilityAmt0398360060

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$458,969,484
Liabilities
$408,738,972
Net assets
$50,230,512
Revenue
$25,240,982
Expenses
$21,208,895
Net income
$4,032,087
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,029$943$85.5$76.3$76.8$0.58
2023Detailed filing. Detailed filing data is available for this year.$1,087$1,004$82.6$72.3$68.2$4.13
2022Detailed filing. Detailed filing data is available for this year.$1,010$934$76.2$56.7$45.2$11.5
2021Detailed filing. Detailed filing data is available for this year.$897$817$80.1$51.9$42.4$9.42
2020Detailed filing. Detailed filing data is available for this year.$742$669$73.4$43.2$36.7$6.51
2019Detailed filing. Detailed filing data is available for this year.$560$495$65.6$39.2$34.4$4.79
2018Detailed filing. Detailed filing data is available for this year.$516$457$59.2$34.3$28.4$5.86
2017Detailed filing. Detailed filing data is available for this year.$489$435$54.1$28.2$24.3$3.97
2016Detailed filing. Detailed filing data is available for this year.$459$409$50.2$25.2$21.2$4.03
2015Detailed filing. Detailed filing data is available for this year.$427$380$46.4$22.5$21.0$1.47
2014Detailed filing. Detailed filing data is available for this year.$228$205$23.1$12.1$10.7$1.34
2013Detailed filing. Detailed filing data is available for this year.$218$198$20.7$11.1$9.74$1.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$210$190$20.1$10.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$197$178$18.9$11.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$186$168$17.7$12.0