Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2016 • EIN 38-1987607

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 18, 2017

34857 S Townline RdDrummond Island, MI 49726

(906) 493-5263

Siviq Scores

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

Liabilities / Assets

49th percentile

0.88x

Higher debt load relative to assets than 49% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

21.23x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Net Margin

96th percentile

25%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

15th percentile

$57,052

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Asset Growth

29th percentile

0.9%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

6.2%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$31,878,331

Up $283,720 (+0.9%) from 2015

Net Assets

Up

$3,877,776

Up $353,201 (+10%) from 2015

Liabilities

Down

$28,000,555

Down $69,481 (-0.2%) from 2015

Revenue

Up

$1,318,855

Up $77,080 (+6.2%) from 2015

Expenses

Down

$995,524

Down $286,109 (-22%) from 2015

Net Income

Up

$323,331

Up $363,189 (+911%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $32,230,947Liabilities 2010: $29,241,927Net Assets 2010: $2,989,0202010Assets 2011: $30,228,107Liabilities 2011: $27,004,243Net Assets 2011: $3,223,8642011Assets 2012: $29,771,218Liabilities 2012: $26,424,240Net Assets 2012: $3,346,9782012Assets 2013: $31,417,060Liabilities 2013: $28,003,117Net Assets 2013: $3,413,9432013Assets 2014: $32,863,775Liabilities 2014: $29,276,084Net Assets 2014: $3,587,6912014Assets 2015: $31,594,611Liabilities 2015: $28,070,036Net Assets 2015: $3,524,5752015Assets 2016: $31,878,331Liabilities 2016: $28,000,555Net Assets 2016: $3,877,7762016Assets 2017: $32,789,446Liabilities 2017: $28,929,506Net Assets 2017: $3,859,9402017Assets 2018: $32,785,455Liabilities 2018: $28,474,515Net Assets 2018: $4,310,9402018Assets 2019: $33,526,133Liabilities 2019: $28,471,142Net Assets 2019: $5,054,9912019Assets 2020: $39,219,890Liabilities 2020: $33,714,046Net Assets 2020: $5,505,8442020Assets 2021: $44,208,077Liabilities 2021: $38,889,061Net Assets 2021: $5,319,0162021Assets 2022: $43,137,692Liabilities 2022: $38,464,656Net Assets 2022: $4,673,0362022Assets 2023: $38,561,038Liabilities 2023: $32,965,886Net Assets 2023: $5,595,1522023Assets 2024: $36,684,119Liabilities 2024: $30,483,236Net Assets 2024: $6,200,8832024

Highlighted filing

2016

Assets$31,878,331
Liabilities$28,000,555
Net Assets$3,877,776

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,214,3432010Expenses 2011: $1,101,2372011Expenses 2012: $1,219,8742012Revenue 2013: $1,154,273Expenses 2013: $1,087,308Net Income 2013: $66,9652013Revenue 2014: $1,232,082Expenses 2014: $1,058,334Net Income 2014: $173,7482014Revenue 2015: $1,241,775Expenses 2015: $1,281,633Net Income 2015: -$39,8582015Revenue 2016: $1,318,855Expenses 2016: $995,524Net Income 2016: $323,3312016Revenue 2017: $1,291,741Expenses 2017: $1,234,471Net Income 2017: $57,2702017Revenue 2018: $1,363,698Expenses 2018: $841,591Net Income 2018: $522,1072018Revenue 2019: $1,413,744Expenses 2019: $1,038,323Net Income 2019: $375,4212019Revenue 2020: $1,347,100Expenses 2020: $1,087,626Net Income 2020: $259,4742020Revenue 2021: $1,224,914Expenses 2021: $1,103,464Net Income 2021: $121,4502021Revenue 2022: $1,424,838Expenses 2022: $1,145,514Net Income 2022: $279,3242022Revenue 2023: $1,936,310Expenses 2023: $1,237,635Net Income 2023: $698,6752023Revenue 2024: $1,633,579Expenses 2024: $1,287,027Net Income 2024: $346,5522024

Highlighted filing

2016

Revenue$1,318,855
Expenses$995,524
Net Income$323,331
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 18, 2017
Return Version
2016v3.0
Gross Receipts
$1,318,855
Mission and Program Overview

Mission

Promotion of thrift and providing low cost credit for its members through mutual and nonprofit operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$15,822,985$16,095,994▲ $273,009
Savings and Temporary Cash Investments$14,032,620$14,137,582▲ $104,962
Rtn Earn Endowment Incm Other Fnds$3,524,575$3,877,776▲ $353,201
Cash and Non-Interest-Bearing Accounts$651,329$529,890▼ $121,439
Land, Buildings, and Equipment, Net$393,424$365,813▼ $27,611
Receivables From Officers Etc$151,364$208,727▲ $57,363
Prepaid Expenses and Deferred Charges$37,123$25,354▼ $11,769
Total Assets$31,594,611$31,878,331▲ $283,720
Other Assets Total$505,766$514,971▲ $9,205
Liabilities
Other Liabilities$27,500,986$27,911,941▲ $410,955
Unsecured Notes Loans Payable$450,000--
Accounts Payable and Accrued Expenses$119,050$88,614▼ $30,436
Total Liabilities$28,070,036$28,000,555▼ $69,481
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,524,575$3,877,776▲ $353,201
Total Liabilities and Net Assets / Fund Balance$31,594,611$31,878,331▲ $283,720

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$294,088$319,994-
Land$27,719--
Equipment$44,006$392,546-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hilary FountainManager / CeFT$53,135$3,917$57,052

Board Members and Trustees

NameTitle
Eldon SeamanChairperson
Craig MillerVice Chairpe
Angela ReedBoard Member
Blaine TischerBoard Member
Michael MacdonaldBoard Member
Michael SkinnerBoard Member
Murray FountainSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,115,322
Investment Income
$166,718
Other Revenue
$36,815
Change in Net Assets
$323,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$578,628
Salaries, Compensation, and Employee Benefits$416,896
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$247,187--$247,187
Interest$194,694--$194,694
All Other Expenses$97,372--$97,372
Other Employee Benefits$57,670--$57,670
Current Officers, Directors, Trustees, and Key Employees$57,052--$57,052
Depreciation Depletion$45,620--$45,620
Payroll Taxes$30,128--$30,128
Occupancy$27,073--$27,073
Pension Plan Contributions$24,859--$24,859
Other Expenses$20,655--$20,655
Office Expenses$17,676--$17,676
Fees for Services Accounting$13,654--$13,654
Conferences and Meetings$2,136--$2,136
Total Functional Expenses$995,524$0$0$995,524
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 Officers, Directors, Trustees, and Key Employees$151,364$208,727▲ $57,363
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES AND SAVINGS$27,911,735
Shared Branching Settlement$206
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by management and a copy is provided to public upon request.

Form 990, Page 6, Part VI, Line 15A

Form 990 part vi section b line 15a) reviewed quarterly by the board of directors.

Form 990, Page 6, Part VI, Line 19

Financials are posted on the bulletin board and available upon request.

Filing and Contact Details

Filer

Filer Name
Detour Drummond Community Credit Un
EIN
38-1987607
Phone
9064935263
Address
34857 S TOWNLINE RD, DRUMMOND ISLAND, MI 49726

Signing Officer

Name
Hilary Fountain
Title
Manager / CEO
Phone
9064935263
Signed
2017-04-18

Organization Details

Principal Officer
Hilary Fountain
Formed
1960
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
1
Employees
10

Preparer

Firm
Andersontackman & Company Plc
Address
16978 S RILEY AVE, KINCHELOE, MI 49788
Preparer
Amber Mack CPA
Phone
9064955952
Raw XML AppendixShowing 400 of 407 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/OtherLiabilitiesOrgGrp/Desc1SHARED BRANCHING SETTLEMENT
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt119171
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt311837
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt410245
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt55239
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6PERSONAL LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0147200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt193000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt225500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt330000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt440280
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt517000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt63000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1ELDON SEAMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2CRAIG MILLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3MICHAEL SKINNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4MURRAY FOUNTAIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5MICHAEL MACDONALD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6MURRAY FOUNTAIN
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CHAIRPERSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2VICE CHAIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4TREASURER/SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6SECRETARY/TREASURER
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd6true
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY IS PROVIDED TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 PART VI SECTION B LINE 15A) REVIEWED QUARTERLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIALS ARE POSTED ON THE BULLETIN BOARD AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt010
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0995524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028070036
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03877776
IRS990/TotalOtherCompensationAmt03917
IRS990/TotalProgramServiceExpensesAmt0995524
IRS990/TotalProgramServiceRevenueAmt01115322
IRS990/TotalReportableCompFromOrgAmt053135
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01318855
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01318855
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031878331
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0450000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt034857 S TOWNLINE ROAD
IRS990/USAddress/CityNm0DRUMMOND ISLAND
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049726
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.DDCCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HILARY FOUNTAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER / CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09064935263
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DETOUR DRUMMOND COMMUNITY CREDIT UN
ReturnHeader/Filer/BusinessNameControlTxt0DETO
ReturnHeader/Filer/EIN0381987607
ReturnHeader/Filer/PhoneNum09064935263
ReturnHeader/Filer/USAddress/AddressLine1Txt034857 S TOWNLINE RD
ReturnHeader/Filer/USAddress/CityNm0DRUMMOND ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0544B86B77FA7A8F80FF6B88BEC949154FFB7CCBD
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381977929
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSONTACKMAN & COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016978 S RILEY AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KINCHELOE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049788
ReturnHeader/PreparerPersonGrp/PhoneNum09064955952

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.7$30.5$6.20$1.63$1.29$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.6$33.0$5.60$1.94$1.24$0.70
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.1$38.5$4.67$1.42$1.15$0.28
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$44.2$38.9$5.32$1.22$1.10$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$33.7$5.51$1.35$1.09$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.5$28.5$5.05$1.41$1.04$0.38
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$28.5$4.31$1.36$0.84$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.8$28.9$3.86$1.29$1.23$0.06
2016Detailed filing. Detailed filing data is available for this year.$31.9$28.0$3.88$1.32$1.00$0.32
2015Detailed filing. Detailed filing data is available for this year.$31.6$28.1$3.52$1.24$1.28$0.04
2014Detailed filing. Detailed filing data is available for this year.$32.9$29.3$3.59$1.23$1.06$0.17
2013Detailed filing. Detailed filing data is available for this year.$31.4$28.0$3.41$1.15$1.09$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$26.4$3.35$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$27.0$3.22$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$29.2$2.99$1.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)14 • $25M-$50M nonprofits