Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2012 • EIN 38-1686050

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

Organization ProfileWWW.ADVIACU.ORG

View Organization Page

P O Box 61090848061-0908
Siviq Scores

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

Liabilities / Assets

47th percentile

0.90x

Higher debt load relative to assets than 47% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B 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

71st percentile

8.0%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$264,059,441

Up $19,476,966 (+8.0%) from 2011

Net Assets

Up

$27,441,277

Up $5,652,368 (+26%) from 2011

Liabilities

Up

$236,618,164

Up $13,824,598 (+6.2%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$12,366,232

Down $1,376,624 (-10%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$4.0B$3.0B$2.0B$1.0B$0Assets 2010: $221,263,524Liabilities 2010: $202,319,102Net Assets 2010: $18,944,4222010Assets 2011: $244,582,475Liabilities 2011: $222,793,566Net Assets 2011: $21,788,9092011Assets 2012: $264,059,441Liabilities 2012: $236,618,164Net Assets 2012: $27,441,2772012Assets 2013: $275,995,408Liabilities 2013: $248,749,321Net Assets 2013: $27,246,0872013Assets 2014: $1,086,987,705Liabilities 2014: $957,257,844Net Assets 2014: $129,729,8612014Assets 2015: $1,184,075,054Liabilities 2015: $1,044,831,277Net Assets 2015: $139,243,7772015Assets 2016: $1,347,691,760Liabilities 2016: $1,197,264,593Net Assets 2016: $150,427,1672016Assets 2017: $1,683,958,871Liabilities 2017: $1,515,981,099Net Assets 2017: $167,977,7722017Assets 2018: $1,749,022,744Liabilities 2018: $1,572,754,678Net Assets 2018: $176,268,0662018Assets 2019: $2,084,525,233Liabilities 2019: $1,891,291,454Net Assets 2019: $193,233,7792019Assets 2020: $2,425,158,521Liabilities 2020: $2,206,779,831Net Assets 2020: $218,378,6902020Assets 2021: $2,694,606,066Liabilities 2021: $2,452,064,821Net Assets 2021: $242,541,2452021Assets 2022: $2,892,338,087Liabilities 2022: $2,650,318,240Net Assets 2022: $242,019,8472022Assets 2023: $2,987,053,945Liabilities 2023: $2,713,958,533Net Assets 2023: $273,095,4122023Assets 2024: $3,443,898,869Liabilities 2024: $3,146,646,222Net Assets 2024: $297,252,6472024

Highlighted filing

2012

Assets$264,059,441
Liabilities$236,618,164
Net Assets$27,441,277
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300M$200M$100M$0Expenses 2010: $18,867,4432010Expenses 2011: $13,742,8562011Expenses 2012: $12,366,2322012Revenue 2013: $16,624,567Expenses 2013: $15,113,719Net Income 2013: $1,510,8482013Revenue 2014: $56,812,837Expenses 2014: $52,779,984Net Income 2014: $4,032,8532014Revenue 2015: $65,178,226Expenses 2015: $54,195,375Net Income 2015: $10,982,8512015Revenue 2016: $73,790,081Expenses 2016: $62,247,562Net Income 2016: $11,542,5192016Revenue 2017: $93,303,094Expenses 2017: $80,594,038Net Income 2017: $12,709,0562017Revenue 2018: $103,296,533Expenses 2018: $94,062,565Net Income 2018: $9,233,9682018Revenue 2019: $113,766,194Expenses 2019: $99,620,913Net Income 2019: $14,145,2812019Revenue 2020: $119,439,670Expenses 2020: $101,627,456Net Income 2020: $17,812,2142020Revenue 2021: $117,215,527Expenses 2021: $85,384,828Net Income 2021: $31,830,6992021Revenue 2022: $137,191,450Expenses 2022: $105,425,178Net Income 2022: $31,766,2722022Revenue 2023: $183,144,775Expenses 2023: $148,159,132Net Income 2023: $34,985,6432023Revenue 2024: $216,111,117Expenses 2024: $194,591,712Net Income 2024: $21,519,4052024

Highlighted filing

2012

Revenue-
Expenses$12,366,232
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$18,203,791
Mission and Program Overview

Mission

Provide competitive deposit and loan products to our membership base.

Filing and Contact Details

Filer

EIN
38-1686050
Raw XML AppendixShowing 400 of 437 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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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CREDIT UNION HAS EVALUATED THE PROVISIONS OF ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE EVALUATION WAS PERFORMED FOR THE YEARS 2008 THROUGH 2012, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2012. THE CREDIT UNION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE CREDIT UNION'S FINANCIAL STATEMENTS. THE CREDIT UNION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE CREDIT UNION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2012 OR 2011, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1LOSS ON SALE OF ASSETS
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2LOSS ON SALE OF ASSETS
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0E&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.
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IRS990ScheduleO/GeneralExplanation/Explanation0SINCE IT IS A CHARTERED CREDIT UNION, MEMBERS OWN THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation1THE MEMBERS ARE ALLOWED TO ELECT DIRECTORS OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation2PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW.
IRS990ScheduleO/GeneralExplanation/Explanation3DIRECTORS OBSTAIN FROM ANY VOTES WHERE A CONFLICT EXISTS.
IRS990ScheduleO/GeneralExplanation/Explanation4A COMMITTEE OF THE BOARD PREPARES A WRITTEN EVALUATION OF THE CEO AND OBTAINS COMPARABLE SURVEYS.
IRS990ScheduleO/GeneralExplanation/Explanation5RECORDS ARE MADE AVAILABLE IN ACCORDANCE WITH THE MICHIGAN CREDIT UNION ACT AND NCUA RULES AND REGULATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation6THE PROCESS IS CONSISTENT WITH THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART X1, LINE 2C:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MI
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10PO BOX 610908
IRS990/TheBooksAreInCareOf/AddressUS/City0PORT HURON
IRS990/TheBooksAreInCareOf/AddressUS/State0MI
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode048091
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10WANDA SPENCER
IRS990/TheBooksAreInCareOf/TelephoneNumber08109894146
IRS990/TotalAssets/BOY0244582475
IRS990/TotalAssetsBOY0244582475
IRS990/TotalAssets/EOY0264059441
IRS990/TotalAssetsEOY0264059441
IRS990/TotalCompGT150K01
IRS990/TotalExpensesCurrentYear012366232
IRS990/TotalExpensesPriorYear013742856
IRS990/TotalFunctionalExpenses/Total012366232
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0222793566
IRS990/TotalLiabilitiesBOY0222793566
IRS990/TotalLiabilities/EOY0236618164
IRS990/TotalLiabilitiesEOY0236618164
IRS990/TotalLiabNetAssetsFundBalances/BOY0244582475
IRS990/TotalLiabNetAssetsFundBalances/EOY0264059441
IRS990/TotalNbrEmployees092
IRS990/TotalNbrVolunteers05
IRS990/TotalNetAssetsFundBalances/BOY021788909
IRS990/TotalNetAssetsFundBalances/EOY027441277
IRS990/TotalOtherCompensation039893
IRS990/TotalOtherRevenue01534789
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue014527236
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0378983
IRS990/TotalRevenueCurrentYear017800141
IRS990/TotalRevenue/ExclusionAmount03272905
IRS990/TotalRevenuePriorYear016491344
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome014527236

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$264,059,441
Liabilities
$236,618,164
Net assets
$27,441,277
Revenue
-
Expenses
$12,366,232
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,444$3,147$297$216$195$21.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,987$2,714$273$183$148$35.0
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,892$2,650$242$137$105$31.8
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,695$2,452$243$117$85.4$31.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,425$2,207$218$119$102$17.8
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,085$1,891$193$114$99.6$14.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,749$1,573$176$103$94.1$9.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,684$1,516$168$93.3$80.6$12.7
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,348$1,197$150$73.8$62.2$11.5
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,184$1,045$139$65.2$54.2$11.0
2014Summary only. Only limited summary data is available for this year.$1,087$957$130$56.8$52.8$4.03
2013Detailed filing. Detailed filing data is available for this year.$276$249$27.2$16.6$15.1$1.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$264$237$27.4$12.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$245$223$21.8$13.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$221$202$18.9$18.9
Peer Organizations

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