Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
990 • Fiscal year 2013 • EIN 38-1559604
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 7.5% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Up$28,524,641
Up $2,407,747 (+9.2%) from 2012
Net Assets
Up$2,614,621
Up $154,613 (+6.3%) from 2012
Liabilities
Up$25,910,020
Up $2,253,134 (+9.5%) from 2012
Revenue
$1,055,971
No earlier filing loaded for comparison.
Expenses
Down$901,358
Down $39,722 (-4.2%) from 2012
Net Income
$154,613
No earlier filing loaded for comparison.
Provide financial services and products to members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $9,598,982 | $10,169,363 | ▲ $570,381 |
| Investments Other Securities | $7,099,500 | $9,061,681 | ▲ $1,962,181 |
| Savings and Temporary Cash Investments | $8,217,880 | $7,925,003 | ▼ $292,877 |
| Rtn Earn Endowment Incm Other Fnds | $2,460,008 | $2,614,621 | ▲ $154,613 |
| Cash and Non-Interest-Bearing Accounts | $276,408 | $294,551 | ▲ $18,143 |
| Land, Buildings, and Equipment, Net | $274,130 | $260,036 | ▼ $14,094 |
| Prepaid Expenses and Deferred Charges | $23,825 | $44,410 | ▲ $20,585 |
| Accounts Receivable | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $26,116,894 | $28,524,641 | ▲ $2,407,747 |
| Other Assets Total | $626,169 | $769,597 | ▲ $143,428 |
| Liabilities | |||
| Other Liabilities | $23,498,962 | $25,727,639 | ▲ $2,228,677 |
| Accounts Payable and Accrued Expenses | $157,924 | $182,381 | ▲ $24,457 |
| Total Liabilities | $23,656,886 | $25,910,020 | ▲ $2,253,134 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,460,008 | $2,614,621 | ▲ $154,613 |
| Total Liabilities and Net Assets / Fund Balance | $26,116,894 | $28,524,641 | ▲ $2,407,747 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $94,474 | $486,640 | $581,114 |
| Land | $131,203 | - | $131,203 |
| Other Land Buildings | $8,245 | $107,841 | $116,086 |
| Equipment | $26,114 | $36,046 | $62,160 |
| Leasehold Improvements | - | $42,464 | $42,464 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Sara Redeker | President & CEO | FT | $78,959 | $78,959 |
| Name | Title |
|---|---|
| Robert Sabine | Chairman |
| Archie Warhurst | Vice Chairman |
| Adele Zelenka | Director |
| Elizabeth Brode | Director |
| John Steinbach | Director |
| Sindee Maxwell | Secretary |
| Seth Longcore | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| CU Answers | Data Processing | - | $111,874 |
| Line Item | Amount |
|---|---|
| Other Expenses | $551,698 |
| Salaries, Compensation, and Employee Benefits | $349,660 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $230,036 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $78,959 |
| Information Technology | - | - | - | $64,727 |
| All Other Expenses | - | - | - | $60,009 |
| Interest | - | - | - | $52,942 |
| Occupancy | - | - | - | $44,782 |
| Payroll Taxes | - | - | - | $24,726 |
| Other Expenses | - | - | - | $21,666 |
| Fees for Services Accounting | - | - | - | $21,227 |
| Depreciation Depletion | - | - | - | $17,036 |
| Other Employee Benefits | - | - | - | $15,939 |
| Insurance | - | - | - | $15,686 |
| Advertising | - | - | - | $12,544 |
| Office Expenses | - | - | - | $11,922 |
| Total Functional Expenses | $0 | $0 | $0 | $901,358 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Member Deposit Accounts | $19,747,416 |
| Member Share Accounts | $5,980,223 |
“Section 501c(14) Credit Union is composed of members.”
“Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.”
“Mergers are voted on by entire membership.”
“Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.”
“Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.”
“Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated.”
“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.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 157924 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 182381 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Provide financial services and products to members. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 12544 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 60009 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Sara Redeker |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6168426320 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 905 Pennoyer |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Grand Haven |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 49417 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 276408 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 294551 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 78959 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 111874 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 0 | 6000 28th Street SE Suite 100 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 0 | Grand Rapids |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 0 | MI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 0 | 49546 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | CU Answers |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Data Processing |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 134061 |
| IRS990/CYOtherExpensesAmt | 0 | 551698 |
| IRS990/CYOtherRevenueAmt | 0 | 20605 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 901305 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 154613 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 349660 |
| IRS990/CYTotalExpensesAmt | 0 | 901358 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1055971 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 17036 |
| IRS990/Desc | 0 | The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2013 was 4,390. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 16 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExcessBusinessHoldingsInd | 0 | false |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 21227 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Robert Sabine |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Archie Warhurst |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Seth Longcore |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Sindee Maxwell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | John Steinbach |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Elizabeth Brode |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Adele Zelenka |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Sara Redeker |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 78959 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | President & CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1955 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1072368 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 10065 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 64727 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15686 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 52942 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 134061 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 134061 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 7099500 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 9061681 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2517 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 672991 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 274130 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 260036 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 933027 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 16397 |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Provide financial services and products to members. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2460008 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2614621 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -6332 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -6332 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -11945 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 44782 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11922 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 626169 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 769597 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 15939 |
| IRS990/OtherExpensesGrp/Desc | 0 | ATM Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Loan Servicing |
| IRS990/OtherExpensesGrp/Desc | 2 | Prof. & Outside Services |
| IRS990/OtherExpensesGrp/Desc | 3 | Home Banking/Bill Pay |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 145270 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 57700 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26187 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 21666 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 23498962 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 25727639 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 524298 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 524298 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 525990 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | GAP Insurance Income |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Insurance Revenues |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | Non-Member ATM Fees |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 10998 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 13423 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 2516 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 10998 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 1 | 13423 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 2 | 2516 |
| IRS990/OtherRevenueTotalAmt | 0 | 26937 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 230036 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 9598982 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 10169363 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 24726 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 23825 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 44410 |
| IRS990/PrincipalOfficerNm | 0 | Sara Redeker |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ATM Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fees & Charges |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Interest on Loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Non Return Fee Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Other Program Income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 135820 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 80504 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 538438 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 71253 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 52628 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 135820 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 80504 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 538438 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 71253 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 52628 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2013 was 1,450. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 142604 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 597656 |
| IRS990/PYOtherRevenueAmt | 0 | 26511 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 902378 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 130413 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 343424 |
| IRS990/PYTotalExpensesAmt | 0 | 941080 |
| IRS990/PYTotalRevenueAmt | 0 | 1071493 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 154613 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -6332 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2460008 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2614621 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8217880 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 7925003 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 94474 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 486640 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 581114 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 26114 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 36046 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 62160 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 131203 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 131203 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 42464 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 42464 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 8245 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 107841 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 116086 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 19747416 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 5980223 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Member Deposit Accounts |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Member Share Accounts |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 260036 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 9061681 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 25727639 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Section 501c(14) Credit Union is composed of members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Mergers are voted on by entire membership. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 26116894 |
| IRS990/TotalAssetsEOYAmt | 0 | 28524641 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 26116894 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 28524641 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 16 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 901358 |
| IRS990/TotalGrossUBIAmt | 0 | 20605 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 23656886 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 25910020 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 23656886 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 25910020 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2460008 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2614621 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 22662 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 22662 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 901305 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 78959 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1035366 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1055971 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 20605 |
| IRS990/TotalVolunteersCnt | 0 | 8 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 26116894 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 28524641 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 905 Pennoyer |
| IRS990/USAddress/City | 0 | Grand Haven |
| IRS990/USAddress/State | 0 | MI |
| IRS990/USAddress/ZIPCode | 0 | 49417 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.