Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2024 • EIN 38-6119310

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 10, 2025

Organization Profilemyrivervalleycu.org

View Organization Page

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7177 Headley St SEAda, MI 49301

(616) 787-7481

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.88x

Higher debt load relative to assets than 42% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

15.94x

Higher debt load relative to revenue than 62% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

55th percentile

13%

Higher net margin than 55% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$268,908

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

20th percentile

-1.3%

Faster asset growth than 20% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

5.5%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$118,861,191

Down $1,538,466 (-1.3%) from 2023

Net Assets

Up

$13,679,015

Up $850,748 (+6.6%) from 2023

Liabilities

Down

$105,182,176

Down $2,389,214 (-2.2%) from 2023

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin55th percentile

Revenue

Up

$6,596,608

Up $345,014 (+5.5%) from 2023

Expenses

Up

$5,745,860

Up $838,674 (+17%) from 2023

Net Income

Down

$850,748

Down $493,660 (-37%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$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: $12,828,2672023Assets 2024: $118,861,191Liabilities 2024: $105,182,176Net Assets 2024: $13,679,0152024

Highlighted filing

2024

Assets$118,861,191
Liabilities$105,182,176
Net Assets$13,679,015
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income across loaded years, with this 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: $1,344,4082023Revenue 2024: $6,596,608Expenses 2024: $5,745,860Net Income 2024: $850,7482024

Highlighted filing

2024

Revenue$6,596,608
Expenses$5,745,860
Net Income$850,748
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 10, 2025
Return Version
2024v5.1
Gross Receipts
$6,596,608
Mission and Program Overview

Mission

Provide financial services and products to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$72,657,887$74,877,097▲ $2,219,210
Savings and Temporary Cash Investments$13,610,214$18,301,626▲ $4,691,412
Rtn Earn Endowment Incm Other Fnds$12,828,267$13,679,015▲ $850,748
Investments Other Securities$27,940,956$10,080,586▼ $17,860,370
Investments in Publicly Traded Securities-$7,437,000-
Land, Buildings, and Equipment, Net$2,271,002$2,277,181▲ $6,179
Cash and Non-Interest-Bearing Accounts$999,772$887,811▼ $111,961
Prepaid Expenses and Deferred Charges$409,682$164,562▼ $245,120
Accounts Receivable$76,031$142,255▲ $66,224
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$120,399,657$118,861,191▼ $1,538,466
Other Assets Total$2,434,113$4,693,073▲ $2,258,960
Liabilities
Other Liabilities$103,573,320$104,283,492▲ $710,172
Unsecured Notes Loans Payable$3,000,000--
Accounts Payable and Accrued Expenses$998,070$898,684▼ $99,386
Total Liabilities$107,571,390$105,182,176▼ $2,389,214
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,828,267$13,679,015▲ $850,748
Total Liabilities and Net Assets / Fund Balance$120,399,657$118,861,191▼ $1,538,466

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,388,606$702,917$2,091,523
Other Land Buildings$223,722$910,787$1,134,509
Land$664,853-$664,853
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janelle FrankeCEOFT$185,015$83,893$268,908
Krista HuverVice PresidentFT$126,131$68,775$194,906
Eric Cutter PhillipsVice PresidentFT$97,016$59,122$156,138
Teresa CummingsCOOFT$111,687$37,344$149,031

Board Members and Trustees

NameTitle
Kurt HansenChairman
Danielle CaliendoDirector
James DetrickDirector
Scott BolesDirector
Ted CourterDirector
Timothy HileDirector
Judy BealSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
FisElect Pymts Serv601 Riverside Ave, Jacksonville, FL 32204$466,516
Cu AnswersData Processing6000 28th St SE, Grand Rapids, MI 49546$386,641
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,844,387
Investment Income
$752,221
Other Revenue
$0
Change in Net Assets
$850,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,541,749
Salaries, Compensation, and Employee Benefits$2,204,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,108,377
Office Expenses---$1,089,973
Interest---$1,022,683
Current Officers, Directors, Trustees, and Key Employees---$768,983
Information Technology---$433,719
Advertising---$192,270
Other Employee Benefits---$180,604
Occupancy---$148,736
Payroll Taxes---$132,572
Depreciation Depletion---$89,340
Insurance---$54,769
Travel---$48,167
Fees for Services Legal---$43,085
Other Expenses---$34,063
Payments to Affiliates---$18,182
All Other Expenses---$17,323
Pension Plan Contributions---$13,575
Total Functional Expenses$0$0$0$5,745,860
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$104,250,797
Other Liabilities$32,695
Governance and Compliance

Governance Checklist

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

“Section 501c14 credit union is composed of members.”

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

“Members vote on bylaw and charter changes. Members vote and elect board members at 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-eo to tax preparer. Board reviews filed tax returns at next scheduled meeting.”

Form 990, Part VI, Section B, Line 12C

“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, Section B, Line 15A

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

Form 990, Part VI, Section B, Line 15B

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

Form 990, Part VI, Section C, Line 19

“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
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janelle Franke
Formed
1965
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
37
Volunteers
7

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Donald E Lingerfelt
Phone
8005225820
Raw XML AppendixShowing 400 of 443 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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IRS990/InsuranceGrp/TotalAmt054769
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01022683
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0752221
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0752221
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt027940956
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt010080586
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07437000
IRS990/IRPDocumentCnt01764
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01613704
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02271002
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02277181
IRS990/LandBldgEquipCostOrOtherBssAmt03890885
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012828267
IRS990/NetAssetsOrFundBalancesEOYAmt013679015
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0148736
IRS990/OfficeExpensesGrp/TotalAmt01089973
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02434113
IRS990/OtherAssetsTotalGrp/EOYAmt04693073
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0180604
IRS990/OtherExpensesGrp/Desc0PROVISION FOR CREDIT LOSSES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2PROF & OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3MISC EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0170000
IRS990/OtherExpensesGrp/TotalAmt194310
IRS990/OtherExpensesGrp/TotalAmt285129
IRS990/OtherExpensesGrp/TotalAmt334063
IRS990/OtherLiabilitiesGrp/BOYAmt0103573320
IRS990/OtherLiabilitiesGrp/EOYAmt0104283492
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01108377
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt072657887
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt074877097
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt018182
IRS990/PayrollTaxesGrp/TotalAmt0132572
IRS990/PensionPlanContributionsGrp/TotalAmt013575
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0409682
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0164562
IRS990/PrincipalOfficerNm0Janelle Franke
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INCOME FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1NON-MEMBER ATM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04125154
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11692154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04125154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21717040
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02193
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt124886
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 12/31/2024 WAS 5,243.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0994440
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02750455
IRS990/PYProgramServiceRevenueAmt05257154
IRS990/PYRevenuesLessExpensesAmt01344408
IRS990/PYSalariesCompEmpBnftPaidAmt02156731
IRS990/PYTotalExpensesAmt04907186
IRS990/PYTotalRevenueAmt06251594
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0850748
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012828267
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013679015
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013610214
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018301626
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01388606
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0702917
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02091523
IRS990ScheduleD/LandGrp/BookValueAmt0664853
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0664853
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0223722
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0910787
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01134509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1104250797
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02277181
IRS990ScheduleD/TotalBookValueSecuritiesAmt010080586
IRS990ScheduleD/TotalLiabilityAmt0104283492
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt097016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1185015
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2126131
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount018687
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount129938
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount223138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt019555
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt133075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt224757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt120880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt220880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIC CUTTER PHILLIPS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JANELLE FRANKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2KRISTA HUVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1268908
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2194906
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION 501C14 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/ExplanationTxt6EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CREDIT 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, 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 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0120399657
IRS990/TotalAssetsEOYAmt0118861191
IRS990/TotalAssetsGrp/BOYAmt0120399657
IRS990/TotalAssetsGrp/EOYAmt0118861191
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05745860
IRS990/TotalGrossUBIAmt027079
IRS990/TotalLiabilitiesBOYAmt0107571390
IRS990/TotalLiabilitiesEOYAmt0105182176
IRS990/TotalLiabilitiesGrp/BOYAmt0107571390
IRS990/TotalLiabilitiesGrp/EOYAmt0105182176
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012828267
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013679015
IRS990/TotalOtherCompensationAmt0177371
IRS990/TotalProgramServiceRevenueAmt05844387

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,861,191
Liabilities
$105,182,176
Net assets
$13,679,015
Revenue
$6,596,608
Expenses
$5,745,860
Net income
$850,748
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$119$105$13.7$6.60$5.75$0.85
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
Peer Organizations

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