Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Our Lady of Good Hope Credit Union
990 • Fiscal year 2014 • EIN 39-0939059
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.82x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
56th percentile
Higher top officer pay than 56% of similar nonprofits.
Top officer pay equals 14.7% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Balance Sheet
Assets
Down$951,566
Down $77,653 (-7.5%) from 2013
Net Assets
Down$173,821
Down $2,318 (-1.3%) from 2013
Liabilities
Down$777,745
Down $75,335 (-8.8%) from 2013
Revenue And Expenses
Revenue
Up$34,857
Up $3,080 (+9.7%) from 2013
Expenses
Down$37,175
Down $8,319 (-18%) from 2013
Net Income
Up-$2,318
Up $11,399 (+83%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Apr 24, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $135,857
Mission and Program Overview
Mission
None
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $424,743 | $555,443 | ▲ $130,700 |
| Savings and Temporary Cash Investments | $547,865 | $359,650 | ▼ $188,215 |
| Rtn Earn Endowment Incm Other Fnds | $176,139 | - | - |
| Pd in Cap Srpls Land Bldg Eqp Fund | - | $173,821 | - |
| Investments Program Related | $17,868 | $17,472 | ▼ $396 |
| Cash and Non-Interest-Bearing Accounts | $27,979 | $9,623 | ▼ $18,356 |
| Prepaid Expenses and Deferred Charges | $4,529 | $4,876 | ▲ $347 |
| Land, Buildings, and Equipment, Net | $4,449 | $3,021 | ▼ $1,428 |
| Total Assets | $1,029,219 | $951,566 | ▼ $77,653 |
| Other Assets Total | $1,786 | $1,481 | ▼ $305 |
| Liabilities | |||
| Other Liabilities | $842,337 | $763,495 | ▼ $78,842 |
| Accounts Payable and Accrued Expenses | $5,330 | $7,290 | ▲ $1,960 |
| Mortgage Notes Payable Secured by Investment Property | $5,413 | $6,960 | ▲ $1,547 |
| Total Liabilities | $853,080 | $777,745 | ▼ $75,335 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $176,139 | $173,821 | ▼ $2,318 |
| Total Liabilities and Net Assets / Fund Balance | $1,029,219 | $951,566 | ▼ $77,653 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $2,919 | $5,339 | $8,258 |
| Equipment | $102 | $3,754 | $3,856 |
| Investment Program Related Org | $1,000 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Carol Loehr | Head Teller | PT | $5,129 | $5,129 |
| Thomas J Lieven | ManagerTreasurer | PT | $4,800 | $4,800 |
Board Members and Trustees
| Name | Title |
|---|---|
| Robert J Reichert | Chairman |
| Howard G Timm | Vice-Chair |
| Keneth Spies | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $29,397
- Investment Income
- $5,460
- Other Revenue
- $0
- Change in Net Assets
- $-2,318
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $23,718 |
| Salaries, Compensation, and Employee Benefits | $13,457 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $9,929 |
| Insurance | - | - | - | $5,591 |
| Payments to Affiliates | - | - | - | $3,567 |
| Office Expenses | - | - | - | $2,528 |
| Other Expenses | - | $2,500 | - | $2,500 |
| Other Salaries and Wages | - | - | - | $2,438 |
| Fees for Services Accounting | - | - | - | $2,220 |
| Depreciation Depletion | - | - | - | $1,429 |
| Payroll Taxes | - | - | - | $1,090 |
| Interest | - | - | - | $896 |
| Information Technology | - | - | - | $752 |
| Occupancy | - | - | - | $503 |
| All Other Expenses | - | - | - | $375 |
| Advertising | - | - | - | $366 |
| Conferences and Meetings | - | - | - | $211 |
| Total Functional Expenses | $0 | $0 | $0 | $37,175 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Member SharesCertificates | $763,425 |
| Accrued Dividends | $70 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- 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
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Officer directors etc family relationship Part VI line 2
“Robert Reichert, Chairman, is the father of Carol Loehr, (Head Teller).”
Members or stockholder classes and rights Part VI line 6
“The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors).”
Member election for additional members Part VI line 7A
“The Board of Directors is elected by the membership utilizing their one vote per member”
Governing body decisions Part VI line 7B
“Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions).”
Form 990 governing body review Part VI line 11
“Form 990 review is made a part of the April Board meeting and made a part of the advance materials provided to the Board. The document is reviewed and accepted by the Board.”
CEO executive director top management comp Part VI line 15A
“At the annual reorganization meeting all compensation is reviewed for appropriateness. During the year, the Treasurer/Manager can identify compensation adjustments needed or desired and ask for Board approval. Such actions are documented in the minutes.”
Other officer or key employee compensation Part VI line 15B
“At the annual reorganization meeting all compensation is reviewed for appropriateness. During the year, the Treasurer/Manager can identify compensation adjustments needed or desired and ask for Board approval. Such actions are documented in the minutes.”
Governing documents etc available to public Part VI line 19
“An annual financial statement is published for attendees at the annual meeting. Semiannual comparative updates of key financial statistics are provided in the semi-annual newsletter. No other method is available because no one has ever asked. Member privacy concerns make it difficult to disclose Board minutes.”
Filing and Contact Details
Filer
- Filer Name
- Our Lady of Good Hope Credit Union
- EIN
- 39-0939059
- Address
- 7152 N 41st Street, Milwaukee, WI 53209
Signing Officer
- Name
- Thomas J Lieven
- Title
- Credit Union Ma
- Phone
- 4143527914
- Signed
- 2015-04-24
- Discuss with paid preparer
- No
Organization Details
- Principal Officer
- Thomas J Lieven
- Formed
- 1954
- Legal Domicile
- Wi
- Voting Board Members
- 4
- Independent Board Members
- 4
- Employees
- 6
- Volunteers
- 6
Preparer
- Firm
- WCUL Services Corp
- Address
- N25W23131 Paul Rd Suite 500, Pewaukee, WI 53072
- Preparer
- Cari Thompson
- Phone
- 2625490200
Raw XML Appendix331 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 |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5330 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 7290 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | None |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 366 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 375 |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Thomas J Lieven |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4143527914 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7152 N 41st Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Milwaukee |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53209 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 27979 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 9623 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 9929 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 211 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5460 |
| IRS990/CYOtherExpensesAmt | 0 | 23718 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -2318 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 13457 |
| IRS990/CYTotalExpensesAmt | 0 | 37175 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 34857 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1429 |
| IRS990/Desc | 0 | We funded 19 loans during 2014. As of 12/31/14, we had 7 home equity loans and 55 consumer loans. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2220 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 6.70 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Robert J Reichert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Howard G Timm |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Keneth Spies |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Thomas J Lieven |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Carol Loehr |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 4800 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 5129 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice-Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | ManagerTreasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Head Teller |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1954 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -281 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 100719 |
| IRS990/GrossReceiptsAmt | 0 | 135857 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 752 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5591 |
| IRS990/InterestGrp/TotalAmt | 0 | 896 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5741 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5741 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 17868 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 17472 |
| IRS990/IRPDocumentCnt | 0 | 47 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9093 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4449 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3021 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12114 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 101000 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | None |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 5413 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 6960 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 176139 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 173821 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -281 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -281 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 503 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2528 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1786 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1481 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dividends to Members |
| IRS990/OtherExpensesGrp/Desc | 1 | Loan Servicing |
| IRS990/OtherExpensesGrp/Desc | 2 | Provision for Loan Losses |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1927 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 853 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2500 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1927 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 853 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2500 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 842337 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 763495 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522100 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Misc Operating Inc |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2438 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 424743 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 555443 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 3567 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 1090 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 173821 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4529 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4876 |
| IRS990/PrincipalOfficerNm | 0 | Thomas J Lieven |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Interest on Loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Member AcountCard Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 28767 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 630 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 28767 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 630 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | We have deposit, transaction, and investment accounts with 607 members at 12/31/14. During 2014, we opened 9 new deposit, transaction and investment accounts. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 6946 |
| IRS990/PYOtherExpensesAmt | 0 | 31782 |
| IRS990/PYOtherRevenueAmt | 0 | 44 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 24787 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -13717 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 13712 |
| IRS990/PYTotalExpensesAmt | 0 | 45494 |
| IRS990/PYTotalRevenueAmt | 0 | 31777 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -2318 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 176139 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 547865 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 359650 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 102 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 3754 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 3856 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 8422 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 8050 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 1000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | NCUA Capitalization |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Corporate Central CU |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | WISCUB |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 2919 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 5339 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8258 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 70 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 763425 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Accrued Dividends |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Member SharesCertificates |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3021 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 17472 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 763495 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Robert Reichert, Chairman, is the father of Carol Loehr, (Head Teller). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Board of Directors is elected by the membership utilizing their one vote per member |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Form 990 review is made a part of the April Board meeting and made a part of the advance materials provided to the Board. The document is reviewed and accepted by the Board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | At the annual reorganization meeting all compensation is reviewed for appropriateness. During the year, the Treasurer/Manager can identify compensation adjustments needed or desired and ask for Board approval. Such actions are documented in the minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | At the annual reorganization meeting all compensation is reviewed for appropriateness. During the year, the Treasurer/Manager can identify compensation adjustments needed or desired and ask for Board approval. Such actions are documented in the minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | An annual financial statement is published for attendees at the annual meeting. Semiannual comparative updates of key financial statistics are provided in the semi-annual newsletter. No other method is available because no one has ever asked. Member privacy concerns make it difficult to disclose Board minutes. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Officer directors etc family relationship Part VI line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Governing body decisions Part VI line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Governing documents etc available to public Part VI line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1029219 |
| IRS990/TotalAssetsEOYAmt | 0 | 951566 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1029219 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 951566 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 6 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 37175 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 853080 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 777745 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 853080 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 777745 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 176139 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 173821 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 29397 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 9929 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 5460 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 29397 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 34857 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 6 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1029219 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 951566 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | www.olghcreditunion.com |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Thomas J Lieven |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Credit Union Ma |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4143527914 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-04-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Our Lady of Good Hope Credit Union |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OURL |
| ReturnHeader/Filer/EIN | 0 | 390939059 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7152 N 41st Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Milwaukee |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 53209 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 391127312 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WCUL Services Corp |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | N25W23131 Paul Rd Suite 500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Pewaukee |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 53072 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2625490200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Cari Thompson |
| ReturnHeader/ReturnTs | 0 | 2015-05-12T17:46:50-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $951,566
- Liabilities
- $777,745
- Net assets
- $173,821
- Revenue
- $34,857
- Expenses
- $37,175
- Net income
- -$2,318