Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
990 • Fiscal year 2013 • EIN 38-1686050
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Liabilities / Revenue
24th percentile
Higher debt load relative to revenue than 24% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
47th percentile
Higher top officer pay than 47% of similar nonprofits.
Top officer pay equals 2.1% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Up$275,995,408
Up $11,935,967 (+4.5%) from 2012
Net Assets
Down$27,246,087
Down $195,190 (-0.7%) from 2012
Liabilities
Up$248,749,321
Up $12,131,157 (+5.1%) from 2012
Revenue
$16,624,567
No earlier filing loaded for comparison.
Expenses
Up$15,113,719
Up $2,747,487 (+22%) from 2012
Net Income
$1,510,848
No earlier filing loaded for comparison.
Provide competitive deposit and loan products to our membership base.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $134,312,656 | $134,733,840 | ▲ $421,184 |
| Investments in Publicly Traded Securities | $89,060,495 | $98,860,343 | ▲ $9,799,848 |
| Rtn Earn Endowment Incm Other Fnds | $27,441,277 | $27,246,087 | ▼ $195,190 |
| Land, Buildings, and Equipment, Net | $11,224,415 | $11,291,237 | ▲ $66,822 |
| Savings and Temporary Cash Investments | $8,264,784 | $10,874,601 | ▲ $2,609,817 |
| Investments Other Securities | $7,387,998 | $7,105,243 | ▼ $282,755 |
| Cash and Non-Interest-Bearing Accounts | $6,751,398 | $6,568,585 | ▼ $182,813 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $264,059,441 | $275,995,408 | ▲ $11,935,967 |
| Other Assets Total | $7,057,695 | $6,561,559 | ▼ $496,136 |
| Liabilities | |||
| Other Liabilities | $233,277,913 | $244,072,975 | ▲ $10,795,062 |
| Accounts Payable and Accrued Expenses | $3,340,251 | $4,676,346 | ▲ $1,336,095 |
| Total Liabilities | $236,618,164 | $248,749,321 | ▲ $12,131,157 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $27,441,277 | $27,246,087 | ▼ $195,190 |
| Total Liabilities and Net Assets / Fund Balance | $264,059,441 | $275,995,408 | ▲ $11,935,967 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $6,580,879 | $2,145,387 | $8,726,266 |
| Equipment | $1,018,232 | $4,146,161 | $5,164,393 |
| Land | $3,395,995 | - | $3,395,995 |
| Leasehold Improvements | $296,131 | $605,497 | $901,628 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Janice Rose | President/CEO | FT | $291,693 | $62,911 | $354,604 |
| Name | Title |
|---|---|
| Donna Kalmeta | Chairman |
| Marty Doorn | Director |
| Dr Robert Payne | Secretary |
| Dr Thomas Badley | Treasurer |
| Rich Seim | Vice-chariman |
| Line Item | Amount |
|---|---|
| Other Expenses | $9,671,554 |
| Salaries, Compensation, and Employee Benefits | $5,442,165 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $3,912,596 |
| Interest | - | - | - | $2,143,224 |
| Occupancy | - | - | - | $875,724 |
| All Other Expenses | - | - | - | $791,550 |
| Fees for Services Management | - | - | - | $774,338 |
| Advertising | - | - | - | $707,216 |
| Depreciation Depletion | - | - | - | $524,222 |
| Pension Plan Contributions | - | - | - | $450,475 |
| Other Expenses | - | - | - | $393,869 |
| Office Expenses | - | - | - | $383,408 |
| Other Employee Benefits | - | - | - | $363,051 |
| Payroll Taxes | - | - | - | $361,439 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $354,604 |
| Insurance | - | - | - | $275,364 |
| Fees for Services Accounting | - | - | - | $139,526 |
| Travel | - | - | - | $75,677 |
| Conferences and Meetings | - | - | - | $9,703 |
| Total Functional Expenses | $0 | $0 | $0 | $15,113,719 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Member Shares | $234,056,494 |
| Fhlb Advance | $10,000,000 |
| Accrued Interest - Member Accounts | $16,481 |
“Since it is a chartered credit union, members own the organization.”
“The members are allowed to elect directors of the governing body.”
“Provided to the audit committee for review.”
“Directors obstain from any votes where a conflict exists.”
“A committee of the board prepares a written evaluation of the ceo and obtains comparable surveys.”
“Records are made available in accordance with the michigan credit union act and ncua rules and regulations.”
“The process is consistent with the prior year.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3340251 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4676346 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE COMPETITIVE DEPOSIT AND LOAN PRODUCTS TO OUR MEMBERSHIP BASE. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 707216 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 791550 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | JEFF FIELDER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8442384228 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 550 S RIVERVIEW DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | PARCHMENT |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 49004 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 6751398 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6568585 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 354604 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 9703 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1966667 |
| IRS990/CYOtherExpensesAmt | 0 | 9671554 |
| IRS990/CYOtherRevenueAmt | 0 | 748649 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 13909251 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1510848 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 5442165 |
| IRS990/CYTotalExpensesAmt | 0 | 15113719 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 16624567 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 524222 |
| IRS990/Desc | 0 | N/A |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 95 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 139526 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 774338 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 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/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 | 23000 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DR THOMAS BADLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DR ROBERT PAYNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DONNA KALMETA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RICH SEIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARTY DOORN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JANICE ROSE |
| 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 | 331604 |
| 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/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE-CHARIMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT/CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1935 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -111416 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 16735983 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 275364 |
| IRS990/InterestGrp/TotalAmt | 0 | 2143224 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2078083 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2078083 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 7387998 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 7105243 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 89060495 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 98860343 |
| IRS990/IRPDocumentCnt | 0 | 4206 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6897045 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11224415 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 11291237 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 18188282 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 111416 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 1 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE COMPETITIVE DEPOSIT AND LOAN PRODUCTS TO THE MEMBERSHIP BASE ACCORDING TO THE MICHIGAN CREDIT UNION ACT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 27441277 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 27246087 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -111416 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -111416 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -1706038 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 875724 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 383408 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 7057695 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 6561559 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 363051 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 1 | ATM/ DEBIT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | MORTGAGE FEES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1193497 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 798565 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 585671 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 393869 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 233277913 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 244072975 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522130 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 523000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 522130 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | CUSO INVESTMENTS |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INVESTMENT INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 647333 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 50975 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 2 | 50341 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 647333 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 50975 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 50341 |
| IRS990/OtherRevenueTotalAmt | 0 | 748649 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3912596 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 134312656 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 134733840 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 361439 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 450475 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JANICE C ROSE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522130 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INCOME ON MEMBER LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEES & CHARGES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | INTERCHANGE INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8369660 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 3880513 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1659078 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 8369660 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 3880513 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1659078 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1733916 |
| IRS990/PYOtherExpensesAmt | 0 | 7463228 |
| IRS990/PYOtherRevenueAmt | 0 | 1538989 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 14527236 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 5433909 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 4903004 |
| IRS990/PYTotalExpensesAmt | 0 | 12366232 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 17800141 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1510848 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 27441277 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 27246087 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8264784 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 10874601 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 6580879 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2145387 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8726266 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1018232 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 4146161 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 5164393 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 3395995 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 3395995 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 296131 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 605497 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 901628 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 234056494 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 10000000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 16481 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | FHLB ADVANCE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED INTEREST - MEMBER ACCOUNTS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 11291237 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 244072975 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 291693 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 39911 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 23000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | JANICE ROSE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 354604 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | E&A CREDIT UNION HAS ENTERED INTO SUPPLEMENT EXECUTIVE RETIREMENT CONTRACTS WITH JANICE ROSE, CEO, WHICH PROVIDE FOR ADDITIONAL RETIREMENT BENEFITS. THE AGREEMENT WITH JANICE ROSE PROVIDES FOR ONE PAYMENT OF $1,392,000 DUE TO HER ON JANUARY 1, 2014, PROVIDED SHE REMAINS THE PRESIDENT AND CEO OF THE CREDIT UNION UNTIL THIS DATE. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 4B |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 1 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SINCE IT IS A CHARTERED CREDIT UNION, MEMBERS OWN THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MEMBERS ARE ALLOWED TO ELECT DIRECTORS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DIRECTORS OBSTAIN FROM ANY VOTES WHERE A CONFLICT EXISTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A COMMITTEE OF THE BOARD PREPARES A WRITTEN EVALUATION OF THE CEO AND OBTAINS COMPARABLE SURVEYS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | RECORDS ARE MADE AVAILABLE IN ACCORDANCE WITH THE MICHIGAN CREDIT UNION ACT AND NCUA RULES AND REGULATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE PROCESS IS CONSISTENT WITH THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART X1, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 264059441 |
| IRS990/TotalAssetsEOYAmt | 0 | 275995408 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 264059441 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 275995408 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 95 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 15113719 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 236618164 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 248749321 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 236618164 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 248749321 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 27441277 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 27246087 |
| IRS990/TotalOtherCompensationAmt | 0 | 23000 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 13909251 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 331604 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 2715316 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 13909251 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 16624567 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 264059441 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 275995408 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 75677 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | PO BOX 610908 |
| IRS990/USAddress/City | 0 | PORT HURON |
| IRS990/USAddress/State | 0 | MI |
| IRS990/USAddress/ZIPCode | 0 | 48060 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.EACU.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JANICE C ROSE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EVP FINANCE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8442384228 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | E&A CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ADVI |
| ReturnHeader/Filer/EIN | 0 | 381686050 |
| ReturnHeader/Filer/PhoneNum | 0 | 8109664600 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 610908 |
| ReturnHeader/Filer/USAddress/City | 0 | PORT HURON |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 480610908 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 383635706 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | REHMANN ROBSON LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 5800 GRATIOT PO BOX 2025 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | SAGINAW |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 486052025 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9897999580 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY E HERT CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-20T15:14:06-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
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