Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2023 • EIN 38-1678297

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization Profilecompasscu.com

View Organization Page

485 S State StreetSparta, MI 49345

(616) 887-8262

Siviq Scores

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

Liabilities / Assets

94th percentile

0.93x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

44th percentile

16.81x

Higher debt load relative to revenue than 44% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Net Margin

3rd percentile

-11%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$215,868

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2023

Asset Growth

67th percentile

0.1%

Faster asset growth than 67% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

12%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$93,725,032

Up $136,570 (+0.1%) from 2022

Net Assets

Up

$6,331,133

Up $64,576 (+1.0%) from 2022

Liabilities

Up

$87,393,899

Up $71,994 (+0.1%) from 2022

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin3rd percentile

Revenue

Up

$5,197,802

Up $548,165 (+12%) from 2022

Expenses

Up

$5,776,762

Up $1,918,045 (+50%) from 2022

Net Income

Down

-$578,960

Down $1,369,880 (-173%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$100M$50M$0Assets 2010: $34,071,876Liabilities 2010: $31,498,692Net Assets 2010: $2,573,1842010Assets 2011: $33,073,382Liabilities 2011: $30,269,505Net Assets 2011: $2,803,8772011Assets 2012: $34,349,909Liabilities 2012: $31,224,975Net Assets 2012: $3,124,9342012Assets 2013: $34,832,837Liabilities 2013: $31,544,410Net Assets 2013: $3,288,4272013Assets 2014: $37,837,647Liabilities 2014: $34,379,117Net Assets 2014: $3,458,5302014Assets 2015: $40,203,015Liabilities 2015: $36,568,849Net Assets 2015: $3,634,1662015Assets 2016: $40,683,903Liabilities 2016: $36,749,440Net Assets 2016: $3,934,4632016Assets 2017: $40,209,829Liabilities 2017: $35,865,529Net Assets 2017: $4,344,3002017Assets 2018: $63,377,582Liabilities 2018: $56,480,154Net Assets 2018: $6,897,4282018Assets 2019: $64,814,708Liabilities 2019: $57,093,090Net Assets 2019: $7,721,6182019Assets 2020: $80,206,151Liabilities 2020: $71,679,089Net Assets 2020: $8,527,0622020Assets 2021: $89,270,682Liabilities 2021: $80,992,387Net Assets 2021: $8,278,2952021Assets 2022: $93,588,462Liabilities 2022: $87,321,905Net Assets 2022: $6,266,5572022Assets 2023: $93,725,032Liabilities 2023: $87,393,899Net Assets 2023: $6,331,1332023Assets 2024: $96,648,015Liabilities 2024: $89,188,365Net Assets 2024: $7,459,6502024

Highlighted filing

2023

Assets$93,725,032
Liabilities$87,393,899
Net Assets$6,331,133
Open 2023 Filing

Operations Trend

Revenue Growth25th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,967,5172010Expenses 2011: $1,632,4782011Expenses 2012: $1,437,5032012Revenue 2013: $1,677,560Expenses 2013: $1,455,148Net Income 2013: $222,4122013Revenue 2014: $1,666,939Expenses 2014: $1,484,727Net Income 2014: $182,2122014Revenue 2015: $1,663,685Expenses 2015: $1,493,396Net Income 2015: $170,2892015Revenue 2016: $1,644,596Expenses 2016: $1,338,685Net Income 2016: $305,9112016Revenue 2017: $1,857,836Expenses 2017: $1,497,509Net Income 2017: $360,3272017Revenue 2018: $4,159,980Expenses 2018: $3,091,641Net Income 2018: $1,068,3392018Revenue 2019: $3,591,350Expenses 2019: $3,041,806Net Income 2019: $549,5442019Revenue 2020: $3,652,692Expenses 2020: $3,157,164Net Income 2020: $495,5282020Revenue 2021: $3,868,845Expenses 2021: $3,339,975Net Income 2021: $528,8702021Revenue 2022: $4,649,637Expenses 2022: $3,858,717Net Income 2022: $790,9202022Revenue 2023: $5,197,802Expenses 2023: $5,776,762Net Income 2023: -$578,9602023Revenue 2024: $5,951,524Expenses 2024: $4,983,073Net Income 2024: $968,4512024

Highlighted filing

2023

Revenue$5,197,802
Expenses$5,776,762
Net Income-$578,960
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$5,197,802
Mission and Program Overview

Mission

Provide financial services and products to members.

Provide Financial Services And Products To Members

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$54,775,807$51,769,426▼ $3,006,381
Savings and Temporary Cash Investments$5,335,890$17,064,516▲ $11,728,626
Investments in Publicly Traded Securities-$14,598,681-
Rtn Earn Endowment Incm Other Fnds$6,266,557$6,331,133▲ $64,576
Investments Other Securities$26,542,788$3,830,273▼ $22,712,515
Land, Buildings, and Equipment, Net$2,571,019$2,703,459▲ $132,440
Cash and Non-Interest-Bearing Accounts$547,313$612,527▲ $65,214
Intangible Assets$352,916$352,916→ $0
Prepaid Expenses and Deferred Charges$197,734$185,269▼ $12,465
Accounts Receivable$3,242$116,458▲ $113,216
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$93,588,462$93,725,032▲ $136,570
Other Assets Total$3,261,753$2,491,507▼ $770,246
Liabilities
Other Liabilities$86,724,537$86,070,558▼ $653,979
Accounts Payable and Accrued Expenses$597,368$1,323,341▲ $725,973
Total Liabilities$87,321,905$87,393,899▲ $71,994
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,266,557$6,331,133▲ $64,576
Total Liabilities and Net Assets / Fund Balance$93,588,462$93,725,032▲ $136,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,880,459$708,690$2,589,149
Other Land Buildings$464,893$408,890$873,783
Land$323,075-$323,075
Equipment$35,032$103,498$138,530
Leasehold Improvements-$4,915$4,915
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erika GarrisonCEOFT$196,506$19,362$215,868

Board Members and Trustees

NameTitle
William MontgomeryChairman
Jeff SoulesDirector
Michael MauerDirector
Charles MeekSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
PscuCard Processor560 CARILLION PKWY, St Petersburg, FL 33716$274,400
CuanswersData Processing6000 28TH STREET SE, Grand Rapids, MI 49546$215,650
MiCUSOAccounting/consulting204 S MAIN ST, Wayland, MI 49348$140,975
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,393,147
Investment Income
$804,655
Other Revenue
$0
Change in Net Assets
$-578,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,192,117
Salaries, Compensation, and Employee Benefits$1,584,645
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,114,373
Interest---$581,322
Information Technology---$434,287
Current Officers, Directors, Trustees, and Key Employees---$215,868
Occupancy---$172,839
Depreciation Depletion---$151,390
Travel---$132,497
Office Expenses---$130,779
Advertising---$119,672
Payroll Taxes---$103,672
Other Employee Benefits---$92,967
Other Expenses---$63,350
Pension Plan Contributions---$57,765
Insurance---$21,431
Payments to Affiliates---$5,726
Fees for Services Legal---$4,982
Total Functional Expenses$0$0$0$5,776,762
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$86,070,558
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

“Section 501c(14) credit union is composed of members”

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

“Members vote on bylaws and charter changes. Members vote and elect board members at annual meeting.”

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

“Management reviews tax returns and forwards to cfo then submits form 8879-te to tax preparer. A copy is made available to the board of directors for review.”

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

“Questionnaires, audits, and exams by independent parties/governing bodies. Employee loans are mangement approved. Management loans are board approved. Loans to board members are approved by the board with the lendee obstaining.”

Form 990, Part VI, Section B, Line 15A

“Executive and employee salaries are board reviewed and approved. Board of directors are volunteers and not compensated”

Form 990, Part VI, Section B, Line 15B

“Executive and employee salaries are board reviewed and approved. Board of directors are volunteers and not compensated”

Form 990, Part VI, Section C, Line 19

“Credit union bylaws are available upon request at the credit unions main office. Quarterly financial statements are displayed in the lobby which is accesible to the general public. Quarterly financial performance reports (form 5300 call report) are available at ncua.gov for all fedrally insured credit unions.”

Filing and Contact Details

Filer

Filer Name
Compass Credit Union
EIN
38-1678297
Phone
6168878262
Address
485 S STATE STREET, SPARTA, MI 49345

Signing Officer

Name
Erika K Garrison
Title
President & CEO
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika K Garrison
Formed
1956
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
33
Volunteers
4

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Donald E Lingerfelt
Phone
8005225820
Raw XML Appendix389 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/OthNotesLoansReceivableNetGrp/BOYAmt054775807
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt051769426
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt05726
IRS990/PayrollTaxesGrp/TotalAmt0103672
IRS990/PensionPlanContributionsGrp/TotalAmt057765
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0197734
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0185269
IRS990/PrincipalOfficerNm0ERIKA K GARRISON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc2SHARED BRANCHING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01501913
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12876951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01506731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12876951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29465
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt04818
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt19465
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDES LOANS TO MEMBERS. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/23 WAS 4,595.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0462971
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02288401
IRS990/PYProgramServiceRevenueAmt04186666
IRS990/PYRevenuesLessExpensesAmt0790920
IRS990/PYSalariesCompEmpBnftPaidAmt01570316
IRS990/PYTotalExpensesAmt03858717
IRS990/PYTotalRevenueAmt04649637
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-578960
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06266557
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06331133
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05335890
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017064516
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01880459
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0708690
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02589149
IRS990ScheduleD/EquipmentGrp/BookValueAmt035032
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103498
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0138530
IRS990ScheduleD/LandGrp/BookValueAmt0323075
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0323075
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04915
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04915
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0464893
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0408890
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0873783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086070558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02703459
IRS990ScheduleD/TotalLiabilityAmt086070558
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0196506
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt013755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05607
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIKA GARRISON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0215868
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION 501C(14) CREDIT UNION IS COMPOSED OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE ON BYLAWS AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS TO CFO THEN SUBMITS FORM 8879-TE TO TAX PREPARER. A COPY IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3QUESTIONNAIRES, AUDITS, AND EXAMS BY INDEPENDENT PARTIES/GOVERNING BODIES. EMPLOYEE LOANS ARE MANGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD WITH THE LENDEE OBSTAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE VOLUNTEERS AND NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE VOLUNTEERS AND NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CREDIT UNION BYLAWS ARE AVAILABLE UPON REQUEST AT THE CREDIT UNIONS MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE REPORTS (FORM 5300 CALL REPORT) ARE AVAILABLE AT NCUA.GOV FOR ALL FEDRALLY INSURED CREDIT UNIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt093588462
IRS990/TotalAssetsEOYAmt093725032
IRS990/TotalAssetsGrp/BOYAmt093588462
IRS990/TotalAssetsGrp/EOYAmt093725032
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05776762
IRS990/TotalGrossUBIAmt014283
IRS990/TotalLiabilitiesBOYAmt087321905
IRS990/TotalLiabilitiesEOYAmt087393899
IRS990/TotalLiabilitiesGrp/BOYAmt087321905
IRS990/TotalLiabilitiesGrp/EOYAmt087393899
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06266557
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06331133
IRS990/TotalOtherCompensationAmt019362
IRS990/TotalProgramServiceRevenueAmt04393147
IRS990/TotalReportableCompFromOrgAmt0196506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05183519
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05197802
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014283
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt093588462
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt093725032
IRS990/TravelGrp/TotalAmt0132497
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0https://compasscu.com/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIKA K GARRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMPASS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0COMP
ReturnHeader/Filer/EIN0381678297
ReturnHeader/Filer/PhoneNum06168878262
ReturnHeader/Filer/USAddress/AddressLine1Txt0485 S STATE STREET
ReturnHeader/Filer/USAddress/CityNm0SPARTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049345
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650152722
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FINANCIAL STANDARDS GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06447 W HIGHWAY 146
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRESTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040014
ReturnHeader/PreparerPersonGrp/PhoneNum08005225820
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald E Lingerfelt
ReturnHeader/ReturnTs02024-11-14T06:17:25-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$93,725,032
Liabilities
$87,393,899
Net assets
$6,331,133
Revenue
$5,197,802
Expenses
$5,776,762
Net income
-$578,960
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.6$89.2$7.46$5.95$4.98$0.97
2023Detailed filing. Detailed filing data is available for this year.$93.7$87.4$6.33$5.20$5.78$0.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.6$87.3$6.27$4.65$3.86$0.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.3$81.0$8.28$3.87$3.34$0.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.2$71.7$8.53$3.65$3.16$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.8$57.1$7.72$3.59$3.04$0.55
2018Summary only. Only limited summary data is available for this year.$63.4$56.5$6.90$4.16$3.09$1.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$35.9$4.34$1.86$1.50$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.7$36.7$3.93$1.64$1.34$0.31
2015Detailed filing. Detailed filing data is available for this year.$40.2$36.6$3.63$1.66$1.49$0.17
2014Detailed filing. Detailed filing data is available for this year.$37.8$34.4$3.46$1.67$1.48$0.18
2013Detailed filing. Detailed filing data is available for this year.$34.8$31.5$3.29$1.68$1.46$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.3$31.2$3.12$1.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.1$30.3$2.80$1.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$31.5$2.57$1.97
Peer Organizations

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