Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2012 • EIN 38-1677402

Jan 01, 2012 to Dec 31, 2012 • Filed on Feb 27, 2013

PO Box 2209848909
Siviq Scores

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

Liabilities / Assets

77th percentile

0.90x

Higher debt load relative to assets than 77% of similar nonprofits.

2012 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

48th percentile

3.5%

Faster asset growth than 48% of similar nonprofits.

2012 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$21,945,484

Up $747,556 (+3.5%) from 2011

Net Assets

Up

$2,138,518

Up $35,720 (+1.7%) from 2011

Liabilities

Up

$19,806,966

Up $711,836 (+3.7%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,049,259

Down $10,465 (-1.0%) from 2011

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.

$30M$20M$10M$0Assets 2010: $20,857,650Liabilities 2010: $18,678,259Net Assets 2010: $2,179,3912010Assets 2011: $21,197,928Liabilities 2011: $19,095,130Net Assets 2011: $2,102,7982011Assets 2012: $21,945,484Liabilities 2012: $19,806,966Net Assets 2012: $2,138,5182012Assets 2013: $21,477,850Liabilities 2013: $19,245,321Net Assets 2013: $2,232,5292013Assets 2014: $22,083,047Liabilities 2014: $19,811,225Net Assets 2014: $2,271,8222014Assets 2015: $22,624,215Liabilities 2015: $20,273,530Net Assets 2015: $2,350,6852015Assets 2016: $21,954,748Liabilities 2016: $19,617,617Net Assets 2016: $2,337,1312016Assets 2017: $21,520,768Liabilities 2017: $19,150,405Net Assets 2017: $2,370,3632017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2012

Assets$21,945,484
Liabilities$19,806,966
Net Assets$2,138,518

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,093,4882010Revenue 2011: $1,062,660Expenses 2011: $1,059,724Net Income 2011: $2,9362011Expenses 2012: $1,049,2592012Revenue 2013: $1,092,163Expenses 2013: $1,045,137Net Income 2013: $47,0262013Revenue 2014: $1,061,151Expenses 2014: $990,973Net Income 2014: $70,1782014Revenue 2015: $1,027,794Expenses 2015: $973,910Net Income 2015: $53,8842015Revenue 2016: $1,008,572Expenses 2016: $975,086Net Income 2016: $33,4862016Revenue 2017: $980,509Expenses 2017: $965,732Net Income 2017: $14,7772017Revenue 2018: $233,523Expenses 2018: $706,624Net Income 2018: -$473,1012018

Highlighted filing

2012

Revenue-
Expenses$1,049,259
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Feb 27, 2013
Return Version
2012v2.0
Gross Receipts
$1,059,380
Mission and Program Overview

Mission

Provide co-op financial products and services to members.

Major Activities

Activity 2
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 12/31/2012 was 1,158.
Filing and Contact Details

Filer

EIN
38-1677402
Raw XML AppendixShowing 400 of 416 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/Form990PartVIISectionA/NamePerson4Jesus Gonzales
IRS990/Form990PartVIISectionA/NamePerson5Tania Matz
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IRS990/OtherExpenses/Description0Postage and Shipping
IRS990/OtherExpenses/Description1Provision for Loan Losses
IRS990/OtherExpenses/Description2VISA Expense
IRS990/OtherExpenses/Description3Service Center Expenses
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IRS990ScheduleD/OtherLiabilities/Amount11907018
IRS990ScheduleD/OtherLiabilities/Description0Member Share Accounts
IRS990ScheduleD/OtherLiabilities/Description1Member Deposit Accounts
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IRS990ScheduleO/GeneralExplanation/Explanation0Other Comprehensive Income - Pension = $25599
IRS990ScheduleO/GeneralExplanation/Explanation1Documents are posted in lobby for public inspection. Copies are furnished upon request.
IRS990ScheduleO/GeneralExplanation/Explanation2Executive and employee salaries are Board approved. Board of directors are not compensated.
IRS990ScheduleO/GeneralExplanation/Explanation3Employee loans are Management approved. Management loans are Board approved. Loans to Board members are governed by NCUA guidelines. Board members do not vote on related issue.
IRS990ScheduleO/GeneralExplanation/Explanation4Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.
IRS990ScheduleO/GeneralExplanation/Explanation5Mergers, by-law changes, charter changes and membership changes are voted upon by the entire membership.
IRS990ScheduleO/GeneralExplanation/Explanation6Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.
IRS990ScheduleO/GeneralExplanation/Explanation7Section 501c(14) Credit Union is composed of members.
IRS990ScheduleO/GeneralExplanation/Explanation8Raymond Smith Board Treasurer and retired CEO is the father of Jason Smith the current CEO.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part XI, Line 9
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 15b
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Line 7b
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part VI, Line 7a
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part VI, Line 6
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990, Part VI, Line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference0Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/GeneralExplanation/ReturnReference8Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
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IRS990/TotalOtherRevenue011934
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IRS990/TotalProgramServiceRevenue0971338
IRS990/TotalReportableCompFromOrg076125
IRS990/TotalRevenueCurrentYear01059380
IRS990/TotalRevenuePriorYear01062660
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome01047446
IRS990/TotalRevenue/TotalRevenueColumn01059380
IRS990/TotalRevenue/UnrelatedBusinessRevenue011934
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IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TravelEntrtnmntPublicOfficials/Total00
IRS990/Travel/Total018850
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IRS990/UponRequest0X
IRS990/WebSite0www.lpcumi.com
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01928
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0381677402
ReturnHeader/Filer/Name/BusinessNameLine10Lansing Postal Community Credit Union
ReturnHeader/Filer/NameControl0LANS
ReturnHeader/Filer/Phone05173370401
ReturnHeader/Filer/USAddress/AddressLine10PO Box 22098
ReturnHeader/Filer/USAddress/City0Lansing
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048909

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