Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2020 • EIN 38-1876197

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

2825 TrumbullDetroit, MI 48216

(313) 962-4666

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.90x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

23.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Net Margin

7th percentile

-12%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$131,458

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Asset Growth

62nd percentile

14%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-21%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$17,354,580

Up $2,136,847 (+14%) from 2019

Net Assets

Down

$1,768,346

Down $83,504 (-4.5%) from 2019

Liabilities

Up

$15,586,234

Up $2,220,351 (+17%) from 2019

Revenue

Down

$676,354

Down $182,935 (-21%) from 2019

Expenses

Down

$759,858

Down $42,743 (-5.3%) from 2019

Net Income

Down

-$83,504

Down $140,192 (-247%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $10,496,885Liabilities 2010: $8,711,923Net Assets 2010: $1,784,9622010Assets 2011: $10,920,014Liabilities 2011: $9,161,660Net Assets 2011: $1,758,3542011Assets 2012: $11,688,814Liabilities 2012: $9,929,878Net Assets 2012: $1,758,9362012Assets 2013: $12,648,786Liabilities 2013: $10,958,102Net Assets 2013: $1,690,6842013Assets 2014: $13,356,590Liabilities 2014: $11,641,363Net Assets 2014: $1,715,2272014Assets 2015: $13,891,654Liabilities 2015: $12,164,416Net Assets 2015: $1,727,2382015Assets 2016: $14,442,106Liabilities 2016: $12,707,506Net Assets 2016: $1,734,6002016Assets 2017: $15,031,957Liabilities 2017: $13,272,252Net Assets 2017: $1,759,7052017Assets 2018: $14,741,052Liabilities 2018: $12,945,890Net Assets 2018: $1,795,1622018Assets 2019: $15,217,733Liabilities 2019: $13,365,883Net Assets 2019: $1,851,8502019Assets 2020: $17,354,580Liabilities 2020: $15,586,234Net Assets 2020: $1,768,3462020Assets 2021: $17,698,338Liabilities 2021: $16,006,019Net Assets 2021: $1,692,3192021Assets 2022: $17,745,372Liabilities 2022: $15,898,145Net Assets 2022: $1,847,2272022Assets 2023: $15,894,947Liabilities 2023: $14,441,206Net Assets 2023: $1,453,7412023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$17,354,580
Liabilities$15,586,234
Net Assets$1,768,346

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $961,3962010Expenses 2011: $883,3572011Expenses 2012: $824,6082012Revenue 2013: $755,561Expenses 2013: $823,813Net Income 2013: -$68,2522013Revenue 2014: $795,868Expenses 2014: $771,325Net Income 2014: $24,5432014Revenue 2015: $762,618Expenses 2015: $750,607Net Income 2015: $12,0112015Revenue 2016: $787,386Expenses 2016: $780,024Net Income 2016: $7,3622016Revenue 2017: $737,007Expenses 2017: $711,902Net Income 2017: $25,1052017Revenue 2018: $777,693Expenses 2018: $742,236Net Income 2018: $35,4572018Revenue 2019: $859,289Expenses 2019: $802,601Net Income 2019: $56,6882019Revenue 2020: $676,354Expenses 2020: $759,858Net Income 2020: -$83,5042020Revenue 2021: $642,167Expenses 2021: $718,194Net Income 2021: -$76,0272021Revenue 2022: $928,690Expenses 2022: $773,782Net Income 2022: $154,9082022Revenue 2023: $771,813Expenses 2023: $1,093,224Net Income 2023: -$321,4112023Revenue 2024: $627,442Expenses 2024: $1,080,948Net Income 2024: -$453,5062024

Highlighted filing

2020

Revenue$676,354
Expenses$759,858
Net Income-$83,504
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$676,354
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,353,644$12,217,107▲ $1,863,463
Other Notes and Loans Receivable, Net$3,540,404$3,552,699▲ $12,295
Rtn Earn Endowment Incm Other Fnds$1,851,850$1,768,346▼ $83,504
Investments Other Securities$537,840$785,467▲ $247,627
Cash and Non-Interest-Bearing Accounts$498,382$531,659▲ $33,277
Land, Buildings, and Equipment, Net$97,603$123,950▲ $26,347
Prepaid Expenses and Deferred Charges$60,179$37,614▼ $22,565
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$15,217,733$17,354,580▲ $2,136,847
Other Assets Total$129,681$106,084▼ $23,597
Liabilities
Other Liabilities$13,318,462$15,343,371▲ $2,024,909
Accounts Payable and Accrued Expenses$47,421$242,863▲ $195,442
Total Liabilities$13,365,883$15,586,234▲ $2,220,351
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,851,850$1,768,346▼ $83,504
Total Liabilities and Net Assets / Fund Balance$15,217,733$17,354,580▲ $2,136,847

Asset Categories

AssetBook ValueDepreciationBasis
Land$84,928-$84,928
Buildings$38,058-$38,058
Other Land Buildings$494-$494
Leasehold Improvements$470-$470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bobby G WaltersCEO/TreasurerFT$101,372$30,086$131,458
Michael HenmuellerCEO/TreasurerFT$5,540-$5,540

Board Members and Trustees

NameTitle
Jim CiancioloChairperson
Greg NowakVice Chairperso
Alex YoungDirector
Kenneth KwapiszDirector
Kevin MooreDirector
Larry FreemanDirector
Paul KozickiDirector
Reno MifsudDirector
Joseph Valenti JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$490,467
Investment Income
$146,267
Other Revenue
$39,620
Change in Net Assets
$-83,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$404,637
Salaries, Compensation, and Employee Benefits$355,221
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$148,679
Current Officers, Directors, Trustees, and Key Employees---$131,458
Information Technology---$69,505
Occupancy---$54,763
Other Employee Benefits---$44,978
All Other Expenses---$39,028
Payroll Taxes---$20,226
Insurance---$18,116
Fees for Services Other---$17,977
Travel---$12,813
Depreciation Depletion---$12,811
Fees for Services Accounting---$10,575
Interest---$10,495
Other Expenses---$10,121
Pension Plan Contributions---$9,880
Fees for Services Legal---$6,896
Office Expenses---$4,868
Advertising---$2,478
Total Functional Expenses$0$0$0$759,858
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 & Deposits$15,343,371
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, Line 6: Explanation of Classes of Members or Shareholder

Credit Union is composed of members.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Mergers are voted on by entire membership.

Form 990, Part VI, Line 11B: Form 990 Review Process

Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions.

Filing and Contact Details

Filer

Filer Name
Teamsters Credit Union
EIN
38-1876197
Phone
3139624666
Address
2825 Trumbull, Detroit, MI 48216

Signing Officer

Name
Michael Henmueller
Title
CEO/Treasurer
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Henmueller
Formed
1968
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
6
Volunteers
9

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Patrick Haughey
Phone
8005225820
Raw XML AppendixShowing 400 of 424 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/BOYAmt047421
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0242863
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services and products to members.
IRS990/AdvertisingGrp/TotalAmt02478
IRS990/AllOtherExpensesGrp/TotalAmt039028
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Michael Henmueller
IRS990/BooksInCareOfDetail/PhoneNum03139624666
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02825 Trumbull
IRS990/BooksInCareOfDetail/USAddress/CityNm0Detroit
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048216
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0498382
IRS990/CashNonInterestBearingGrp/EOYAmt0531659
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0131458
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0146267
IRS990/CYOtherExpensesAmt0404637
IRS990/CYOtherRevenueAmt039620
IRS990/CYProgramServiceRevenueAmt0490467
IRS990/CYRevenuesLessExpensesAmt0-83504
IRS990/CYSalariesCompEmpBnftPaidAmt0355221
IRS990/CYTotalExpensesAmt0759858
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0676354
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt012811
IRS990/Desc0The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2020 was 1,837.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt010575
IRS990/FeesForServicesLegalGrp/TotalAmt06896
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt017977
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/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
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/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt030086
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Bobby G Walters
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael Henmueller
IRS990/Form990PartVIISectionAGrp/PersonNm2Jim Cianciolo
IRS990/Form990PartVIISectionAGrp/PersonNm3Greg Nowak
IRS990/Form990PartVIISectionAGrp/PersonNm4Joseph Valenti Jr
IRS990/Form990PartVIISectionAGrp/PersonNm5Alex Young
IRS990/Form990PartVIISectionAGrp/PersonNm6Reno Mifsud
IRS990/Form990PartVIISectionAGrp/PersonNm7Larry Freeman
IRS990/Form990PartVIISectionAGrp/PersonNm8Kenneth Kwapisz
IRS990/Form990PartVIISectionAGrp/PersonNm9Kevin Moore
IRS990/Form990PartVIISectionAGrp/PersonNm10Paul Kozicki
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0101372
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chairperso
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0676354
IRS990/GrossRentsGrp/RealAmt039620
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt069505
IRS990/InsuranceGrp/TotalAmt018116
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt010495
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0146267
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0146267
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0537840
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0785467
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt0141
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt097603
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0123950
IRS990/LandBldgEquipCostOrOtherBssAmt0123950
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide financial services and products to members.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01851850
IRS990/NetAssetsOrFundBalancesEOYAmt01768346
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt039620
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt039620
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt054763
IRS990/OfficeExpensesGrp/TotalAmt04868
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0129681
IRS990/OtherAssetsTotalGrp/EOYAmt0106084
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044978
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Co-OP Expense
IRS990/OtherExpensesGrp/Desc2Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc3State Operating Fee
IRS990/OtherExpensesGrp/TotalAmt091318
IRS990/OtherExpensesGrp/TotalAmt124611
IRS990/OtherExpensesGrp/TotalAmt218262
IRS990/OtherExpensesGrp/TotalAmt310121
IRS990/OtherLiabilitiesGrp/BOYAmt013318462
IRS990/OtherLiabilitiesGrp/EOYAmt015343371
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/Desc0Insurance Reimbursements
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0148679
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03540404
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03552699
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt020226
IRS990/PensionPlanContributionsGrp/TotalAmt09880
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060179
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037614
IRS990/PrincipalOfficerNm0Michael Henmueller
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0Fees and Charges
IRS990/ProgramServiceRevenueGrp/Desc1Insurance Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Interchange Income
IRS990/ProgramServiceRevenueGrp/Desc3Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc4Other Misc Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110498
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132268
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2304289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt336311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110498
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt232268
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3304289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt436311
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07101
IRS990/ProgSrvcAccomActy2Grp/Desc0The Credit Union provides a variety of loans to members, including vehicle loans, home equity loans, signature loans and lines of credit as well as credit card loans. As of December 31, 2020, the Credit Union had 1,023 loans outstanding.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0238135
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0443066
IRS990/PYOtherRevenueAmt046300
IRS990/PYProgramServiceRevenueAmt0574854
IRS990/PYRevenuesLessExpensesAmt056688
IRS990/PYSalariesCompEmpBnftPaidAmt0359535
IRS990/PYTotalExpensesAmt0802601
IRS990/PYTotalRevenueAmt0859289
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-83504
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt039620
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01851850
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01768346
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010353644
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012217107
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt038058
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt038058
IRS990ScheduleD/LandGrp/BookValueAmt084928
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt084928
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0470
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0470
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0494
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015343371
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares & Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0123950
IRS990ScheduleD/TotalLiabilityAmt015343371
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0101372
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09516
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020570
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Bobby G Walters
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0131458
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit Union is composed of members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mergers are voted on by entire membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt015217733
IRS990/TotalAssetsEOYAmt017354580
IRS990/TotalAssetsGrp/BOYAmt015217733
IRS990/TotalAssetsGrp/EOYAmt017354580
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0759858
IRS990/TotalGrossUBIAmt07101
IRS990/TotalLiabilitiesBOYAmt013365883
IRS990/TotalLiabilitiesEOYAmt015586234
IRS990/TotalLiabilitiesGrp/BOYAmt013365883
IRS990/TotalLiabilitiesGrp/EOYAmt015586234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01851850
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01768346
IRS990/TotalOtherCompensationAmt030086
IRS990/TotalProgramServiceRevenueAmt0490467
IRS990/TotalReportableCompFromOrgAmt0106912
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0669253
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0676354
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07101
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015217733
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017354580
IRS990/TravelGrp/TotalAmt012813
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02825 Trumbull
IRS990/USAddress/CityNm0Detroit
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048216
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0Teamsterscreditunion.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Henmueller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/Treasurer

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.63$1.08$0.45
2023Detailed filing. Detailed filing data is available for this year.$15.9$14.4$1.45$0.77$1.09$0.32
2022Detailed filing. Detailed filing data is available for this year.$17.7$15.9$1.85$0.93$0.77$0.15
2021Detailed filing. Detailed filing data is available for this year.$17.7$16.0$1.69$0.64$0.72$0.08
2020Detailed filing. Detailed filing data is available for this year.$17.4$15.6$1.77$0.68$0.76$0.08
2019Detailed filing. Detailed filing data is available for this year.$15.2$13.4$1.85$0.86$0.80$0.06
2018Detailed filing. Detailed filing data is available for this year.$14.7$12.9$1.80$0.78$0.74$0.04
2017Detailed filing. Detailed filing data is available for this year.$15.0$13.3$1.76$0.74$0.71$0.03
2016Detailed filing. Detailed filing data is available for this year.$14.4$12.7$1.73$0.79$0.78$0.01
2015Detailed filing. Detailed filing data is available for this year.$13.9$12.2$1.73$0.76$0.75$0.01
2014Detailed filing. Detailed filing data is available for this year.$13.4$11.6$1.72$0.80$0.77$0.02
2013Detailed filing. Detailed filing data is available for this year.$12.6$11.0$1.69$0.76$0.82$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$9.93$1.76$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$9.16$1.76$0.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$8.71$1.78$0.96