Civic Intelligence

Badger Globe Credit Union

990 • Fiscal year 2023 • EIN 39-0796087

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 26, 2024

Organization ProfileWWW.BADGERGLOBECU.ORG

View Organization Page

260 N Green Bay RoadNeenah, WI 54956

(920) 722-2122

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.86x

Higher debt load relative to assets than 32% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

20.03x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

13th percentile

1.3%

Higher net margin than 13% of similar nonprofits.

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

Top Officer Pay

20th percentile

$119,721

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

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

Asset Growth

23rd percentile

-5.7%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

44th percentile

18%

Faster revenue growth than 44% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$51,840,108

Down $3,146,190 (-5.7%) from 2022

Net Assets

Down

$7,130,502

Down $64,864 (-0.9%) from 2022

Liabilities

Down

$44,709,606

Down $3,081,326 (-6.4%) from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin13th percentile

Revenue

Up

$2,232,111

Up $346,078 (+18%) from 2022

Expenses

Up

$2,202,899

Up $493,578 (+29%) from 2022

Net Income

Down

$29,212

Down $147,500 (-83%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$60M$40M$20M$0Assets 2010: $41,532,754Liabilities 2010: $36,588,093Net Assets 2010: $4,944,6612010Assets 2011: $40,130,034Liabilities 2011: $35,149,843Net Assets 2011: $4,980,1912011Assets 2012: $39,618,824Liabilities 2012: $34,553,545Net Assets 2012: $5,065,2792012Assets 2013: $39,300,386Liabilities 2013: $34,145,475Net Assets 2013: $5,154,9112013Assets 2014: $40,789,087Liabilities 2014: $35,475,105Net Assets 2014: $5,313,9822014Assets 2015: $41,426,225Liabilities 2015: $36,035,416Net Assets 2015: $5,390,8092015Assets 2016: $42,297,389Liabilities 2016: $36,619,738Net Assets 2016: $5,677,6512016Assets 2017: $43,218,048Liabilities 2017: $37,333,826Net Assets 2017: $5,884,2222017Assets 2018: $43,182,785Liabilities 2018: $37,043,647Net Assets 2018: $6,139,1382018Assets 2019: $45,705,248Liabilities 2019: $39,225,294Net Assets 2019: $6,479,9542019Assets 2020: $51,264,238Liabilities 2020: $44,557,445Net Assets 2020: $6,706,7932020Assets 2021: $55,930,644Liabilities 2021: $48,911,990Net Assets 2021: $7,018,6542021Assets 2022: $54,986,298Liabilities 2022: $47,790,932Net Assets 2022: $7,195,3662022Assets 2023: $51,840,108Liabilities 2023: $44,709,606Net Assets 2023: $7,130,5022023Assets 2024: $51,087,461Liabilities 2024: $43,908,021Net Assets 2024: $7,179,4402024

Highlighted filing

2023

Assets$51,840,108
Liabilities$44,709,606
Net Assets$7,130,502
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

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

$3.0M$2.0M$1.0M$0Expenses 2010: $2,191,3912010Revenue 2011: $2,179,753Expenses 2011: $2,144,223Net Income 2011: $35,5302011Expenses 2012: $1,882,1452012Revenue 2013: $1,811,175Expenses 2013: $1,721,543Net Income 2013: $89,6322013Revenue 2014: $1,742,595Expenses 2014: $1,583,524Net Income 2014: $159,0712014Revenue 2015: $1,757,692Expenses 2015: $1,680,865Net Income 2015: $76,8272015Revenue 2016: $1,820,484Expenses 2016: $1,533,642Net Income 2016: $286,8422016Revenue 2017: $1,834,101Expenses 2017: $1,627,530Net Income 2017: $206,5712017Revenue 2018: $1,913,770Expenses 2018: $1,658,854Net Income 2018: $254,9162018Revenue 2019: $1,944,190Expenses 2019: $1,702,503Net Income 2019: $241,6872019Revenue 2020: $1,945,348Expenses 2020: $1,718,509Net Income 2020: $226,8392020Revenue 2021: $1,838,591Expenses 2021: $1,526,730Net Income 2021: $311,8612021Revenue 2022: $1,886,033Expenses 2022: $1,709,321Net Income 2022: $176,7122022Revenue 2023: $2,232,111Expenses 2023: $2,202,899Net Income 2023: $29,2122023Revenue 2024: $2,587,066Expenses 2024: $2,538,128Net Income 2024: $48,9382024

Highlighted filing

2023

Revenue$2,232,111
Expenses$2,202,899
Net Income$29,212
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 26, 2024
Return Version
2023v5.0
Gross Receipts
$2,235,876
Mission and Program Overview

Mission

To exceed our members' expectations through exceptional service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$33,699,298$32,955,118▼ $744,180
Rtn Earn Endowment Incm Other Fnds$7,195,366$7,130,502▼ $64,864
Investments Program Related$9,570,208$7,069,208▼ $2,501,000
Savings and Temporary Cash Investments$5,179,450$6,723,616▲ $1,544,166
Land, Buildings, and Equipment, Net$233,834$366,228▲ $132,394
Cash and Non-Interest-Bearing Accounts$221,861$169,667▼ $52,194
Prepaid Expenses and Deferred Charges$114,356$109,312▼ $5,044
Accounts Receivable$4,000--
Receivables From Officers Etc-$1,340-
Total Assets$54,986,298$51,840,108▼ $3,146,190
Other Assets Total$5,963,291$4,445,619▼ $1,517,672
Liabilities
Other Liabilities$46,605,897$43,965,747▼ $2,640,150
Accounts Payable and Accrued Expenses$733,555$493,560▼ $239,995
Unsecured Notes Loans Payable$451,480--
Mortgage Notes Payable Secured by Investment Property-$250,299-
Total Liabilities$47,790,932$44,709,606▼ $3,081,326
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,195,366$7,130,502▼ $64,864
Total Liabilities and Net Assets / Fund Balance$54,986,298$51,840,108▼ $3,146,190

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$218,607$703,684$922,291
Equipment$43,620$569,683$613,303
Other Land Buildings$56,001-$56,001
Land$48,000-$48,000
Investment Program Related Org$1,500--
Other Assets Org$5,925--
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Annita HutterPresident /FT$111,419$8,302$119,721
Michael MallowExec VPFT$86,860$29,089$115,949
Michael ShadduckVP LendingFT$83,335$7,716$91,051
Joshua LeeVP OperationFT$79,190$8,129$87,319
Kara KrauseChair-$599-$599
Cynthia PhillipsSecretary-$420-$420
David EvansVice Chair-$360-$360
Heidi MooreDirector-$360-$360
Steven KofnetkaDirector-$360-$360
Laura ZahringerDirector-$330-$330
Carla WatsonTreasurer-$300-$300

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservProcessing Svcs2900 WESTSIDE PARKWAY, Alpharetta, GA 30004$193,126
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$1,798,847
Investment Income
$415,561
Other Revenue
$2,703
All Other Contributions
$15,000
Change in Net Assets
$29,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,277,466
Salaries, Compensation, and Employee Benefits$917,451
Grants and Similar Amounts Paid$7,982
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$374,854
Current Officers, Directors, Trustees, and Key Employees---$363,533
Office Expenses---$333,352
Information Technology---$157,677
Other Employee Benefits---$80,232
Advertising---$55,192
Payroll Taxes---$54,772
Occupancy---$49,860
Depreciation Depletion---$49,215
Pension Plan Contributions---$44,060
Interest---$35,919
Travel---$32,613
Insurance---$31,472
Fees for Services Other---$30,310
Fees for Services Legal---$24,630
Conferences and Meetings---$13,273
Grants to Domestic Orgs---$6,707
Fees for Services Accounting---$5,153
Grants to Domestic Individuals---$1,275
Other Expenses---$-1,605
Total Functional Expenses$0$0$0$2,202,899
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Nicholas VerbrickSon of DirectorReplaced RoofNo$62,005

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$1,340-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$43,965,747
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
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization has members. To be a member one must have a share (savings) account at the credit union.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors is elected by the credit union members. Each member has one vote.”

Form 990, Page 6, Part VI, Line 7B

“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”

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

“Management provides necessary data to independent preparer who completes the return. Management review for accuracy and authorizes the preparer to e-file the approved return.”

Form 990, Page 6, Part VI, Line 12C

“Board members and employees sign conflict of interest (coi) statement annually and access is blocked for user to do transactions on the coi accounts listed. Management reviews this form/user setup annually.”

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

“A committee of board directors determines president's compensation and reports to the full board. Salary surveys and peer information from trade organizationa are used as part of the process.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to members upon request. Annual financial statements are posted in the lobby.”

Filing and Contact Details

Filer

Filer Name
Badger Globe Credit Union
EIN
39-0796087
Phone
9207222122
Address
260 N GREEN BAY ROAD, NEENAH, WI 54956

Signing Officer

Name
Annita Hutter
Title
President / CEO
Phone
9207222122
Signed
2024-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Annita Hutter
Formed
1947
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
6
Employees
12
Volunteers
7

Preparer

Firm
Audit Threesixty
Address
1202 JOHNSON ST, ONALASKA, WI 54650-2008
Preparer
Peter Rasmussen
Phone
6083173765
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Initial cecl adjustment -28,781”

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/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2065
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2065
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt049860
IRS990/OfficeExpensesGrp/TotalAmt0333352
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05963291
IRS990/OtherAssetsTotalGrp/EOYAmt04445619
IRS990/OtherChangesInNetAssetsAmt0-28781
IRS990/OtherEmployeeBenefitsGrp/TotalAmt080232
IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2GRANT EXPENDITURES
IRS990/OtherExpensesGrp/Desc3CREDIT EXPENSE ADJST
IRS990/OtherExpensesGrp/TotalAmt0407834
IRS990/OtherExpensesGrp/TotalAmt137571
IRS990/OtherExpensesGrp/TotalAmt215000
IRS990/OtherExpensesGrp/TotalAmt3-1605
IRS990/OtherLiabilitiesGrp/BOYAmt046605897
IRS990/OtherLiabilitiesGrp/EOYAmt043965747
IRS990/OtherSalariesAndWagesGrp/TotalAmt0374854
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt033699298
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt032955118
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt054772
IRS990/PensionPlanContributionsGrp/TotalAmt044060
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0114356
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0109312
IRS990/PrincipalOfficerNm0ANNITA HUTTER
IRS990/PriorPeriodAdjustmentsAmt0-65295
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER MEMBER RELATED REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3FEE & INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01344293
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1359280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt294674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01344293
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1359280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt294674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3600
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0600
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 1,105 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 1,810 LOANS RECEIVABLE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03644
IRS990/PYInvestmentIncomeAmt0183105
IRS990/PYOtherExpensesAmt0895518
IRS990/PYOtherRevenueAmt02675
IRS990/PYProgramServiceRevenueAmt01700253
IRS990/PYRevenuesLessExpensesAmt0176712
IRS990/PYSalariesCompEmpBnftPaidAmt0810159
IRS990/PYTotalExpensesAmt01709321
IRS990/PYTotalRevenueAmt01886033
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01340
IRS990/ReconcilationRevenueExpnssAmt029212
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesRevenueGrp/ExclusionAmt02703
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02703
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07195366
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07130502
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05179450
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06723616
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218607
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0703684
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0922291
IRS990ScheduleD/EquipmentGrp/BookValueAmt043620
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0569683
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0613303
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt06731557
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1326151
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt210000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS WITH MATURITY > 1 YEAR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CAPITAL ACCOUNTS CORP CU
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2WI CU SHARED SERVICES CUSO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3WISCUB
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt048000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03519063
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1447171
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2277307
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt377526
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt473600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt545027
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt65925
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CUOLI
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NCUSIF INSUR DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOANS HELD FOR SALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ACCRUED INTEREST ON LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5ACCRUED INTEREST ON INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6FORECLOSED & REPO ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt056001
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt056001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043965747
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0366228
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04445619
IRS990ScheduleD/TotalBookValueProgramRltdAmt07069208
IRS990ScheduleD/TotalLiabilityAmt043965747
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0NICHOLAS VERBRICK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON OF DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt062005
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REPLACED ROOF
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01340
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0COMPUTER PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01560
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSHUA LEE VP OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt01340
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEW FOR ACCURACY AND AUTHORIZES THE PREPARER TO E-FILE THE APPROVED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS AND EMPLOYEES SIGN CONFLICT OF INTEREST (COI) STATEMENT ANNUALLY AND ACCESS IS BLOCKED FOR USER TO DO TRANSACTIONS ON THE COI ACCOUNTS LISTED. MANAGEMENT REVIEWS THIS FORM/USER SETUP ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COMMITTEE OF BOARD DIRECTORS DETERMINES PRESIDENT'S COMPENSATION AND REPORTS TO THE FULL BOARD. SALARY SURVEYS AND PEER INFORMATION FROM TRADE ORGANIZATIONA ARE USED AS PART OF THE PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INITIAL CECL ADJUSTMENT -28,781
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt054986298
IRS990/TotalAssetsEOYAmt051840108
IRS990/TotalAssetsGrp/BOYAmt054986298
IRS990/TotalAssetsGrp/EOYAmt051840108
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015000
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02202899
IRS990/TotalGrossUBIAmt0600
IRS990/TotalLiabilitiesBOYAmt047790932
IRS990/TotalLiabilitiesEOYAmt044709606
IRS990/TotalLiabilitiesGrp/BOYAmt047790932
IRS990/TotalLiabilitiesGrp/EOYAmt044709606
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07195366
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07130502
IRS990/TotalOtherCompensationAmt053236
IRS990/TotalProgramServiceRevenueAmt01798847
IRS990/TotalReportableCompFromOrgAmt0363533
IRS990/TotalRevenueGrp/ExclusionAmt0420329
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01796182
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02232111
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0600
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054986298
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt051840108
IRS990/TravelGrp/TotalAmt032613
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,840,108
Liabilities
$44,709,606
Net assets
$7,130,502
Revenue
$2,232,111
Expenses
$2,202,899
Net income
$29,212
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.1$43.9$7.18$2.59$2.54$0.05
2023Detailed filing. Detailed filing data is available for this year.$51.8$44.7$7.13$2.23$2.20$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.0$47.8$7.20$1.89$1.71$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.9$48.9$7.02$1.84$1.53$0.31
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$51.3$44.6$6.71$1.95$1.72$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.7$39.2$6.48$1.94$1.70$0.24
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$43.2$37.0$6.14$1.91$1.66$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.2$37.3$5.88$1.83$1.63$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.3$36.6$5.68$1.82$1.53$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.4$36.0$5.39$1.76$1.68$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.8$35.5$5.31$1.74$1.58$0.16
2013Detailed filing. Detailed filing data is available for this year.$39.3$34.1$5.15$1.81$1.72$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.6$34.6$5.07$1.88
2011Summary only. Only limited summary data is available for this year.$40.1$35.1$4.98$2.18$2.14$0.04
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$36.6$4.94$2.19