Civic Intelligence

Credit Unions Chartered in the State of Michigan

EIN 38-1752492 • 501(c)14 • Hastings, MI

View Organization Page

Profile

To furnish cooperative financial services to members

PO Box 289Hastings, MI 49058

www.thornapplecu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.92x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

13.35x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

6.0%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

79th percentile

23%

Faster revenue growth than 79% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$72,392,991

Up $6,026,760 (+9.1%) from 2023

Liabilities

Up

$66,028,510

Up $5,133,990 (+8.4%) from 2023

Net Assets

Up

$6,364,481

Up $892,770 (+16%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin72nd percentile

Revenue

Up

$5,678,956

Up $1,117,971 (+25%) from 2023

Expenses

Up

$4,786,186

Up $1,071,981 (+29%) from 2023

Net Income

Up

$892,770

Up $45,990 (+5.4%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $13,671,263Liabilities 2010: $224,815Net Assets 2010: $13,446,4482010Assets 2011: $14,874,307Liabilities 2011: $319,175Net Assets 2011: $14,555,1322011Assets 2012: $15,567,357Liabilities 2012: $276,715Net Assets 2012: $15,290,6422012Assets 2014: $18,614,674Liabilities 2014: $340,684Net Assets 2014: $18,273,9902014Assets 2015: $22,265,003Liabilities 2015: $498,525Net Assets 2015: $21,766,4782015Assets 2016: $24,559,952Liabilities 2016: $494,709Net Assets 2016: $24,065,2432016Assets 2017: $27,240,216Liabilities 2017: $357,689Net Assets 2017: $26,882,5272017Assets 2018: $32,211,569Liabilities 2018: $237,227Net Assets 2018: $31,974,3422018Assets 2019: $37,124,612Liabilities 2019: $576,849Net Assets 2019: $36,547,7632019Assets 2020: $49,756,337Liabilities 2020: $687,455Net Assets 2020: $49,068,8822020Assets 2021: $57,804,268Liabilities 2021: $53,738,182Net Assets 2021: $4,066,0862021Assets 2022: $62,594,344Liabilities 2022: $57,858,243Net Assets 2022: $4,736,1012022Assets 2023: $66,366,231Liabilities 2023: $60,894,520Net Assets 2023: $5,471,7112023Assets 2024: $72,392,991Liabilities 2024: $66,028,510Net Assets 2024: $6,364,4812024

Highlighted filing

2024

Assets$72,392,991
Liabilities$66,028,510
Net Assets$6,364,481
Open 2024 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $938,3502010Revenue 2011: $918,854Expenses 2011: $898,854Net Income 2011: $20,0002011Expenses 2012: $848,2392012Revenue 2014: $1,108,343Expenses 2014: $914,322Net Income 2014: $194,0212014Revenue 2015: $1,429,021Expenses 2015: $1,161,291Net Income 2015: $267,7302015Revenue 2016: $1,797,593Expenses 2016: $1,490,386Net Income 2016: $307,2072016Revenue 2017: $2,010,405Expenses 2017: $1,710,114Net Income 2017: $300,2912017Revenue 2018: $2,372,261Expenses 2018: $2,108,924Net Income 2018: $263,3372018Revenue 2019: $2,683,331Expenses 2019: $2,471,741Net Income 2019: $211,5902019Revenue 2020: $2,888,362Expenses 2020: $2,480,974Net Income 2020: $407,3882020Revenue 2021: $3,194,033Expenses 2021: $2,616,392Net Income 2021: $577,6412021Revenue 2022: $3,716,743Expenses 2022: $3,046,728Net Income 2022: $670,0152022Revenue 2023: $4,560,985Expenses 2023: $3,714,205Net Income 2023: $846,7802023Revenue 2024: $5,678,956Expenses 2024: $4,786,186Net Income 2024: $892,7702024

Highlighted filing

2024

Revenue$5,678,956
Expenses$4,786,186
Net Income$892,770
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$72,392,991
Liabilities
$66,028,510
Net assets
$6,364,481
Revenue
$5,678,956
Expenses
$4,786,186
Net income
$892,770
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.4$66.0$6.36$5.68$4.79$0.89
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.4$60.9$5.47$4.56$3.71$0.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$57.9$4.74$3.72$3.05$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.8$53.7$4.07$3.19$2.62$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.8$0.69$49.1$2.89$2.48$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$0.58$36.5$2.68$2.47$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$0.24$32.0$2.37$2.11$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$0.36$26.9$2.01$1.71$0.30
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$0.49$24.1$1.80$1.49$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$0.50$21.8$1.43$1.16$0.27
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$0.34$18.3$1.11$0.91$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.28$15.3$0.85
2011Summary only. Only limited summary data is available for this year.$14.9$0.32$14.6$0.92$0.90$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.22$13.4$0.94
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 21, 2023
Return Version
2022v5.0
Gross Receipts
$3,716,743
Mission and Program Overview

Mission

To furnish cooperative financial services to members

To furnish cooperative financial servicves to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$40,879,335$50,077,639▲ $9,198,304
Savings and Temporary Cash Investments$12,554,298$5,665,441▼ $6,888,857
Rtn Earn Endowment Incm Other Fnds$4,066,086$4,736,101▲ $670,015
Investments in Publicly Traded Securities-$3,340,614-
Land, Buildings, and Equipment, Net$1,377,032$1,531,668▲ $154,636
Cash and Non-Interest-Bearing Accounts$1,767,128$1,030,714▼ $736,414
Prepaid Expenses and Deferred Charges$76,741$187,612▲ $110,871
Investments Other Securities$446,714$82,100▼ $364,614
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$57,804,268$62,594,344▲ $4,790,076
Other Assets Total$703,020$678,556▼ $24,464
Liabilities
Other Liabilities$52,583,035$56,886,630▲ $4,303,595
Accounts Payable and Accrued Expenses$1,155,147$971,613▼ $183,534
Total Liabilities$53,738,182$57,858,243▲ $4,120,061
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,066,086$4,736,101▲ $670,015
Total Liabilities and Net Assets / Fund Balance$57,804,268$62,594,344▲ $4,790,076

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$995,915$492,883$1,488,798
Other Land Buildings$196,691$186,410$383,101
Equipment$142,432$213,672$356,104
Land$196,630-$196,630
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy ByersCEOFT$103,838$20,257$124,095

Board Members and Trustees

NameTitle
Jeffrey KeesenChair Person
Thomas NeilVice Chair
Craig StolsonburgDirector
Cynthia VujeaDirector
Patrick BucklandDirector
Debra HatfieldSecretary
Linda BolthouseTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Co-OPCard Processor9692 Haven Avenue, Rancho Cucamonga, CA 91730$261,501
CUAnswersCore Processor6000 28th Street SE, Grand Rapids, MI 49546$158,819
WindemullerContractor1176 Electric Ave, Wayland, MI 49348$158,819
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,608,604
Investment Income
$108,139
Other Revenue
$0
Change in Net Assets
$670,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,909,000
Salaries, Compensation, and Employee Benefits$1,137,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$801,616
Office Expenses---$530,684
Information Technology---$328,655
Depreciation Depletion---$148,234
Current Officers, Directors, Trustees, and Key Employees---$124,095
Other Employee Benefits---$119,765
Occupancy---$89,665
Interest---$77,369
Payroll Taxes---$73,630
Insurance---$39,990
Fees for Services Legal---$33,511
All Other Expenses---$31,237
Advertising---$29,715
Other Expenses---$25,111
Fees for Services Other---$21,794
Pension Plan Contributions---$18,622
Fees for Services Accounting---$11,225
Travel---$5,617
Total Functional Expenses$0$0$0$3,046,728
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
Shares and Share Equivalents$56,886,630
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

“The Credit Union has a single class of members with equal rights of ownership, governance, and voting.”

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

“Credit Union members elect members of the governing body each year at the Annual Meeting.”

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

“Mergers are voted on by entire membership.”

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

“Management reviews tax returns and forwards US 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 15A

“The compensation process for top officials including the ceo is approved by the board of directors”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Cred Thornapple Credit Union
EIN
38-1752492
Phone
2699488369
Address
PO BOX 289, HASTINGS, MI 49058

Signing Officer

Name
Amy Byers
Title
CEO
Signed
2023-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Byers
Formed
1960
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
33

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Patrick Haughey
Phone
8005225820
Raw XML AppendixShowing 400 of 414 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01155147
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0971613
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To furnish cooperative financial servicves to members.
IRS990/AdvertisingGrp/TotalAmt029715
IRS990/AllOtherExpensesGrp/TotalAmt031237
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0AMY BYERS
IRS990/BooksInCareOfDetail/PhoneNum02699488369
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 289
IRS990/BooksInCareOfDetail/USAddress/CityNm0HASTINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049058
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01767128
IRS990/CashNonInterestBearingGrp/EOYAmt01030714
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0124095
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0158819
IRS990/ContractorCompensationGrp/CompensationAmt1261501
IRS990/ContractorCompensationGrp/CompensationAmt2158819
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt06000 28th Street SE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt19692 Haven Avenue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21176 Electric Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Grand Rapids
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Rancho Cucamonga
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Wayland
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd049546
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd191730
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd249348
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CUAnswers
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Co-OP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Windemuller
IRS990/ContractorCompensationGrp/ServicesDesc0Core Processor
IRS990/ContractorCompensationGrp/ServicesDesc1Card Processor
IRS990/ContractorCompensationGrp/ServicesDesc2Contractor
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0108139
IRS990/CYOtherExpensesAmt01909000
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03608604
IRS990/CYRevenuesLessExpensesAmt0670015
IRS990/CYSalariesCompEmpBnftPaidAmt01137728
IRS990/CYTotalExpensesAmt03046728
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03716743
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0148234
IRS990/Desc0The Credit Union has various types of deposit accounts available for its members. As of 12/31/2022 the Credit Union had 7,580 members.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt011225
IRS990/FeesForServicesLegalGrp/TotalAmt033511
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt021794
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt020257
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0AMY BYERS
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDA BOLTHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS NEIL
IRS990/Form990PartVIISectionAGrp/PersonNm3Patrick Buckland
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFFREY KEESEN
IRS990/Form990PartVIISectionAGrp/PersonNm5Cynthia Vujea
IRS990/Form990PartVIISectionAGrp/PersonNm6DEBRA HATFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm7Craig Stolsonburg
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR PERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03716743
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0328655
IRS990/InsuranceGrp/TotalAmt039990
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt077369
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0108139
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0108139
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt082100
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03340614
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0892965
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01377032
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01531668
IRS990/LandBldgEquipCostOrOtherBssAmt02424633
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To furnish cooperative financial servicves to members.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04066086
IRS990/NetAssetsOrFundBalancesEOYAmt04736101
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt089665
IRS990/OfficeExpensesGrp/TotalAmt0530684
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0703020
IRS990/OtherAssetsTotalGrp/EOYAmt0678556
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0119765
IRS990/OtherExpensesGrp/Desc0Loan Servicing Expenses
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Charge Offs/Fraud
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
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IRS990/OtherExpensesGrp/TotalAmt1190266
IRS990/OtherExpensesGrp/TotalAmt248687
IRS990/OtherExpensesGrp/TotalAmt325111
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040879335
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt050077639
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IRS990/PayrollTaxesGrp/TotalAmt073630
IRS990/PensionPlanContributionsGrp/TotalAmt018622
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0187612
IRS990/PrincipalOfficerNm0AMY BYERS
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IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/BusinessCd3522291
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IRS990/ProgramServiceRevenueGrp/Desc0Credit Card Income
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Charges
IRS990/ProgramServiceRevenueGrp/Desc2Insurance Income
IRS990/ProgramServiceRevenueGrp/Desc3Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc4Loan Servicing Income
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11186381
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt279269
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32227368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47453
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11186381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt288995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32227368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47453
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt09726
IRS990/ProgSrvcAccomActy2Grp/Desc0The Credit Union has several types of loan programs available for its members. They funded 1,481 new loans to our members during 2022. As of 12/31/2022 they had 4,251 loans to members.
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IRS990/PYOtherExpensesAmt01494348
IRS990/PYProgramServiceRevenueAmt03105770
IRS990/PYRevenuesLessExpensesAmt0577641
IRS990/PYSalariesCompEmpBnftPaidAmt01122044
IRS990/PYTotalExpensesAmt02616392
IRS990/PYTotalRevenueAmt03194033
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0670015
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0492883
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01488798
IRS990ScheduleD/EquipmentGrp/BookValueAmt0142432
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0213672
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0356104
IRS990ScheduleD/LandGrp/BookValueAmt0196630
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0196630
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0196691
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0186410
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0383101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056886630
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Shares and Share Equivalents
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01531668
IRS990ScheduleD/TotalLiabilityAmt056886630
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union has a single class of members with equal rights of ownership, governance, and voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Credit Union members elect members of the governing body each year at the Annual Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mergers are voted on by entire membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews tax returns and forwards US Form 8879-TE to tax preparer. A copy is made available to the Board of Directors for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION PROCESS FOR TOP OFFICIALS INCLUDING THE CEO IS APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt062594344
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
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IRS990/TotalGrossUBIAmt017016
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IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt011122
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt07290
IRS990/TotalProgramServiceRevenueAmt03608604
IRS990/TotalReportableCompFromOrgAmt0103838
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03699727
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03716743
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt017016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt057804268
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062594344
IRS990/TravelGrp/TotalAmt05617
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt0PO BOX 289
IRS990/USAddress/CityNm0HASTINGS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049058
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.THORNAPPLECU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY BYERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CRED THORNAPPLE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0CRED
ReturnHeader/Filer/EIN0381752492
ReturnHeader/Filer/PhoneNum02699488369
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 289
ReturnHeader/Filer/USAddress/CityNm0HASTINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049058
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650152722

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