Civic Intelligence

Credit Unions Chartered in the State of Michigan

EIN 38-6119310 • 501(c)14 • Ada, MI

Profile

Provide financial services and products to members.

Refreshing map…

7177 Headley St SEAda, MI 49301

www.myrivervalleycu.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.88x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

15.06x

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

501(c)14 • $100M-$250M nonprofits • Source year 2025

Net Margin

55th percentile

13%

Higher net margin than 55% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

60th percentile

$255,613

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2025

Asset Growth

31st percentile

0.8%

Faster asset growth than 31% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

5.8%

Faster revenue growth than 20% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets36th percentile

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$120,399,657

Down $8,537,686 (-6.6%) from 2022

Liabilities

Down

$107,571,390

Down $9,802,094 (-8.4%) from 2022

Net Assets

Up

$12,828,267

Up $1,264,408 (+11%) from 2022

Operations
Liabilities / Revenue49th percentileNet Margin55th percentile

Revenue

Down

$6,251,594

Down $325,103 (-4.9%) from 2022

Expenses

Up

$4,907,186

Up $559,365 (+13%) from 2022

Net Income

Down

$1,344,408

Down $884,468 (-40%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$150M$100M$50M$0Assets 2010: $58,806,190Liabilities 2010: $53,062,172Net Assets 2010: $5,744,0182010Assets 2011: $64,595,352Liabilities 2011: $58,603,270Net Assets 2011: $5,992,0822011Assets 2012: $68,297,968Liabilities 2012: $61,874,954Net Assets 2012: $6,423,0142012Assets 2013: $71,694,854Liabilities 2013: $64,890,184Net Assets 2013: $6,804,6702013Assets 2014: $83,364,617Liabilities 2014: $75,726,153Net Assets 2014: $7,638,4642014Assets 2015: $84,833,543Liabilities 2015: $76,868,741Net Assets 2015: $7,964,8022015Assets 2016: $89,955,004Liabilities 2016: $83,362,156Net Assets 2016: $6,592,8482016Assets 2017: $89,464,269Liabilities 2017: $82,246,723Net Assets 2017: $7,217,5462017Assets 2018: $91,555,314Liabilities 2018: $83,816,523Net Assets 2018: $7,738,7912018Assets 2019: $92,161,008Liabilities 2019: $83,651,730Net Assets 2019: $8,509,2782019Assets 2020: $112,413,060Liabilities 2020: $104,175,095Net Assets 2020: $8,237,9652020Assets 2021: $126,081,454Liabilities 2021: $116,746,471Net Assets 2021: $9,334,9832021Assets 2022: $128,937,343Liabilities 2022: $117,373,484Net Assets 2022: $11,563,8592022Assets 2023: $120,399,657Liabilities 2023: $107,571,390Net Assets 2023: $12,828,2672023

Latest loaded filing

2023

Assets$120,399,657
Liabilities$107,571,390
Net Assets$12,828,267
Open 2023 Filing

Operations Trend

Revenue Growth20th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,024,2212010Expenses 2011: $2,732,9172011Revenue 2012: $3,133,163Expenses 2012: $2,702,231Net Income 2012: $430,9322012Revenue 2013: $3,268,512Expenses 2013: $2,886,856Net Income 2013: $381,6562013Revenue 2014: $3,341,624Expenses 2014: $3,073,481Net Income 2014: $268,1432014Revenue 2015: $3,977,819Expenses 2015: $3,651,481Net Income 2015: $326,3382015Revenue 2016: $4,179,922Expenses 2016: $5,551,876Net Income 2016: -$1,371,9542016Revenue 2017: $4,404,689Expenses 2017: $3,779,991Net Income 2017: $624,6982017Revenue 2018: $4,642,594Expenses 2018: $4,121,349Net Income 2018: $521,2452018Revenue 2019: $4,886,643Expenses 2019: $4,116,156Net Income 2019: $770,4872019Revenue 2020: $4,765,360Expenses 2020: $5,036,673Net Income 2020: -$271,3132020Revenue 2021: $4,948,974Expenses 2021: $3,851,956Net Income 2021: $1,097,0182021Revenue 2022: $6,576,697Expenses 2022: $4,347,821Net Income 2022: $2,228,8762022Revenue 2023: $6,251,594Expenses 2023: $4,907,186Net Income 2023: $1,344,4082023

Latest loaded filing

2023

Revenue$6,251,594
Expenses$4,907,186
Net Income$1,344,408
Open 2023 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
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$120$108$12.8$6.25$4.91$1.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$129$117$11.6$6.58$4.35$2.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$126$117$9.33$4.95$3.85$1.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$104$8.24$4.77$5.04$0.27
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$92.2$83.7$8.51$4.89$4.12$0.77
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.6$83.8$7.74$4.64$4.12$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.5$82.2$7.22$4.40$3.78$0.62
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.0$83.4$6.59$4.18$5.55$1.37
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.8$76.9$7.96$3.98$3.65$0.33
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.4$75.7$7.64$3.34$3.07$0.27
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$71.7$64.9$6.80$3.27$2.89$0.38
2012Summary only. Only limited summary data is available for this year.$68.3$61.9$6.42$3.13$2.70$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.6$58.6$5.99$2.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.8$53.1$5.74$3.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$4,642,594
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$45,936,899$46,297,902▲ $361,003
Investments Other Securities$24,405,743$22,318,727▼ $2,087,016
Savings and Temporary Cash Investments$11,237,532$14,992,784▲ $3,755,252
Rtn Earn Endowment Incm Other Fnds$7,217,546$7,738,791▲ $521,245
Land, Buildings, and Equipment, Net$2,645,593$2,659,748▲ $14,155
Cash and Non-Interest-Bearing Accounts$1,363,917$1,377,061▲ $13,144
Investments in Publicly Traded Securities$372,000$372,000→ $0
Prepaid Expenses and Deferred Charges$204,508$139,526▼ $64,982
Accounts Receivable$43,157$37,947▼ $5,210
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$89,464,269$91,555,314▲ $2,091,045
Other Assets Total$3,254,920$3,359,619▲ $104,699
Liabilities
Other Liabilities$81,629,438$83,102,378▲ $1,472,940
Accounts Payable and Accrued Expenses$617,285$714,145▲ $96,860
Total Liabilities$82,246,723$83,816,523▲ $1,569,800
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,217,546$7,738,791▲ $521,245
Total Liabilities and Net Assets / Fund Balance$89,464,269$91,555,314▲ $2,091,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,600,864$464,740$2,065,604
Other Land Buildings$394,031$551,107$945,138
Land$664,853-$664,853
Leasehold Improvements-$16,918$16,918
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janelle FrankeCEO & TreasurerFT$111,238$26,127$137,365

Board Members and Trustees

NameTitle
Barbara PearsonChairperson
James DetrickVice President
Barbara CooperDirector
Kurt HansenDirector
Scott BolesDirector
Stephanie BirmanDirector
Judy BealSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Vantiv Holding LLCElectr Paymnts Proc8500 Governors Hill Dr, Symmes Township, OH 45249$462,967
CU AnswersData Processing6000 28th Street SE, Grand Rapids, MI 49546$307,893
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,758,543
Investment Income
$714,431
Other Revenue
$169,620
Change in Net Assets
$521,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,550,803
Salaries, Compensation, and Employee Benefits$1,570,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,053,270
Information Technology---$315,560
Office Expenses---$246,387
Other Employee Benefits---$215,620
Interest---$187,240
Occupancy---$174,977
Current Officers, Directors, Trustees, and Key Employees---$137,365
Depreciation Depletion---$108,354
Payroll Taxes---$96,292
All Other Expenses---$86,703
Other Expenses---$84,462
Advertising---$75,113
Pension Plan Contributions---$67,999
Insurance---$62,804
Fees for Services Other---$43,303
Fees for Services Legal---$35,001
Travel---$32,770
Fees for Services Accounting---$25,501
Total Functional Expenses$0$0$0$4,121,349
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
Total Share & Deposit Accounts$83,102,378
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 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

“Section 501c(14) 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 15B: Compensation Review and Approval Process for Officers and Key Employees

“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
River Valley Credit Union
EIN
38-6119310
Phone
6167877481
Address
7177 Headley St SE, Ada, MI 49301

Signing Officer

Name
Janelle Franke
Title
CEO & Treasurer
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
7
Employees
36
Volunteers
11

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Robert Draeger
Phone
8005225820
Raw XML AppendixShowing 400 of 430 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/BOYAmt0617285
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0714145
IRS990/AccountsReceivableGrp/BOYAmt043157
IRS990/AccountsReceivableGrp/EOYAmt037947
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide financial services and products to members.
IRS990/AdvertisingGrp/TotalAmt075113
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt086703
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Janelle Franke
IRS990/BooksInCareOfDetail/PhoneNum06167877481
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07177 Headley St SE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ada
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01363917
IRS990/CashNonInterestBearingGrp/EOYAmt01377061
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0137365
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0462967
IRS990/ContractorCompensationGrp/CompensationAmt1307893
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt08500 Governors Hill Dr
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt16000 28th Street SE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Symmes Township
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Grand Rapids
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd045249
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd149546
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Vantiv Holding LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CU Answers
IRS990/ContractorCompensationGrp/ServicesDesc0Electr Paymnts Proc
IRS990/ContractorCompensationGrp/ServicesDesc1Data Processing
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0714431
IRS990/CYOtherExpensesAmt02550803
IRS990/CYOtherRevenueAmt0169620
IRS990/CYProgramServiceRevenueAmt03758543
IRS990/CYRevenuesLessExpensesAmt0521245
IRS990/CYSalariesCompEmpBnftPaidAmt01570546
IRS990/CYTotalExpensesAmt04121349
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04642594
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0108354
IRS990/Desc0The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2018 was 10,702.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt036
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt025501
IRS990/FeesForServicesLegalGrp/TotalAmt035001
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt043303
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/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt726127
IRS990/Form990PartVIISectionAGrp/PersonNm0Barbara Pearson
IRS990/Form990PartVIISectionAGrp/PersonNm1Judy Beal
IRS990/Form990PartVIISectionAGrp/PersonNm2Stephanie Birman
IRS990/Form990PartVIISectionAGrp/PersonNm3Barbara Cooper
IRS990/Form990PartVIISectionAGrp/PersonNm4James Detrick
IRS990/Form990PartVIISectionAGrp/PersonNm5Scott Boles
IRS990/Form990PartVIISectionAGrp/PersonNm6Kurt Hansen
IRS990/Form990PartVIISectionAGrp/PersonNm7Janelle Franke
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7111238
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/TitleTxt0Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO & Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04642594
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt0511
IRS990/MissionDesc0Provide financial services and products to members.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
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IRS990/OtherAssetsTotalGrp/EOYAmt03359619
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IRS990/OtherExpensesGrp/Desc1Debit Card Expense
IRS990/OtherExpensesGrp/Desc2Loan Servicing Expenses
IRS990/OtherExpensesGrp/Desc3ATM Expense
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IRS990/OtherExpensesGrp/TotalAmt2156720
IRS990/OtherExpensesGrp/TotalAmt384462
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IRS990/OtherRevenueMiscGrp/Desc1Cash Advances
IRS990/OtherRevenueMiscGrp/Desc2Insurance Income
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt178610
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11040
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2107582
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt11040
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt228972
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IRS990/ProgramServiceRevenueGrp/Desc0Interchange Income
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IRS990/ProgramServiceRevenueGrp/Desc2Other Fees & Charges
IRS990/ProgramServiceRevenueGrp/Desc3Other Operating Income
IRS990/ProgramServiceRevenueGrp/Desc4Share & Overdraft Fees
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3174239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4479306
IRS990/ProgSrvcAccomActy2Grp/Desc0The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2018 was 7,655.
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IRS990/ReportInvestmentsOtherSecInd0true
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section 501c(14) Credit 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 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TerminateOperationsInd0false
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IRS990/TravelGrp/TotalAmt032770
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07177 Headley St SE
IRS990/USAddress/CityNm0Ada
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd0493019900

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