Civic Intelligence

Bay Shore Credit Union

EIN 39-0963263 • 501(c)14 • Marinette, WI

View Organization Page

Profile

SERVE OUR MEMBERS.

PO Box 655Marinette, WI 54143

www.bayshorecu.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.81x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

14.31x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Net Margin

88th percentile

26%

Higher net margin than 88% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

57th percentile

$123,835

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2025

Asset Growth

83rd percentile

6.6%

Faster asset growth than 83% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets16th percentile

Using 2021 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Up

$44,561,621

Up $6,386,493 (+17%) from 2020

Liabilities

Up

$38,184,662

Up $6,234,416 (+20%) from 2020

Net Assets

Up

$6,376,959

Up $152,077 (+2.4%) from 2020

Operations
Liabilities / Revenue35th percentileNet Margin88th percentile

Revenue

Down

$1,398,581

Down $133,522 (-8.7%) from 2020

Expenses

Up

$1,246,504

Up $35,299 (+2.9%) from 2020

Net Income

Down

$152,077

Down $168,821 (-53%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

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

$60M$40M$20M$0Assets 2010: $25,624,356Liabilities 2010: $21,461,960Net Assets 2010: $4,162,3962010Assets 2011: $25,867,351Liabilities 2011: $21,563,765Net Assets 2011: $4,303,5862011Assets 2012: $27,296,624Liabilities 2012: $22,874,221Net Assets 2012: $4,422,4032012Assets 2013: $28,083,285Liabilities 2013: $23,573,895Net Assets 2013: $4,509,3902013Assets 2014: $28,621,210Liabilities 2014: $23,963,765Net Assets 2014: $4,657,4452014Assets 2015: $28,562,053Liabilities 2015: $23,725,784Net Assets 2015: $4,836,2692015Assets 2016: $28,510,457Liabilities 2016: $23,533,943Net Assets 2016: $4,976,5142016Assets 2017: $29,239,557Liabilities 2017: $24,073,467Net Assets 2017: $5,166,0902017Assets 2018: $30,826,354Liabilities 2018: $25,324,923Net Assets 2018: $5,501,4312018Assets 2019: $32,259,029Liabilities 2019: $26,355,045Net Assets 2019: $5,903,9842019Assets 2020: $38,175,128Liabilities 2020: $31,950,246Net Assets 2020: $6,224,8822020Assets 2021: $44,561,621Liabilities 2021: $38,184,662Net Assets 2021: $6,376,9592021

Latest loaded filing

2021

Assets$44,561,621
Liabilities$38,184,662
Net Assets$6,376,959
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $1,131,6172010Expenses 2011: $1,014,9522011Expenses 2012: $983,5812012Revenue 2013: $1,039,533Expenses 2013: $952,546Net Income 2013: $86,9872013Revenue 2014: $1,086,143Expenses 2014: $938,088Net Income 2014: $148,0552014Revenue 2015: $1,132,504Expenses 2015: $953,680Net Income 2015: $178,8242015Revenue 2016: $1,166,843Expenses 2016: $1,026,598Net Income 2016: $140,2452016Revenue 2017: $1,214,364Expenses 2017: $1,024,788Net Income 2017: $189,5762017Revenue 2018: $1,374,116Expenses 2018: $1,038,775Net Income 2018: $335,3412018Revenue 2019: $1,563,706Expenses 2019: $1,161,153Net Income 2019: $402,5532019Revenue 2020: $1,532,103Expenses 2020: $1,211,205Net Income 2020: $320,8982020Revenue 2021: $1,398,581Expenses 2021: $1,246,504Net Income 2021: $152,0772021

Latest loaded filing

2021

Revenue$1,398,581
Expenses$1,246,504
Net Income$152,077
Open 2021 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.
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.6$38.2$6.38$1.40$1.25$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.2$32.0$6.22$1.53$1.21$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.3$26.4$5.90$1.56$1.16$0.40
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$25.3$5.50$1.37$1.04$0.34
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.2$24.1$5.17$1.21$1.02$0.19
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.5$23.5$4.98$1.17$1.03$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$23.7$4.84$1.13$0.95$0.18
2014Detailed filing. Detailed filing data is available for this year.$28.6$24.0$4.66$1.09$0.94$0.15
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$28.1$23.6$4.51$1.04$0.95$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$22.9$4.42$0.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$21.6$4.30$1.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$21.5$4.16$1.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 19, 2021
Return Version
2020v4.0
Gross Receipts
$1,532,103
Mission and Program Overview

Mission

SERVE OUR MEMBERS.

To encourage thrift among our members, to create a source of credit at a fair and reasonable cost, and to provide an opportunity for each of our members to improve their respective economic and social conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$19,442,977$17,903,662▼ $1,539,315
Savings and Temporary Cash Investments$5,947,326$11,291,876▲ $5,344,550
Investments Program Related$5,857,198$8,111,943▲ $2,254,745
Rtn Earn Endowment Incm Other Fnds$5,903,984$6,224,882▲ $320,898
Cash and Non-Interest-Bearing Accounts$499,321$352,928▼ $146,393
Land, Buildings, and Equipment, Net$155,594$144,079▼ $11,515
Prepaid Expenses and Deferred Charges$34,592$54,689▲ $20,097
Accounts Receivable$75$75→ $0
Total Assets$32,259,029$38,175,128▲ $5,916,099
Other Assets Total$321,946$315,876▼ $6,070
Liabilities
Other Liabilities$26,238,523$31,804,431▲ $5,565,908
Accounts Payable and Accrued Expenses$116,228$145,562▲ $29,334
Escrow Account Liability$294$253▼ $41
Total Liabilities$26,355,045$31,950,246▲ $5,595,201
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,903,984$6,224,882▲ $320,898
Total Liabilities and Net Assets / Fund Balance$32,259,029$38,175,128▲ $5,916,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$89,199$276,223$365,422
Equipment$39,880$233,348$273,228
Land$15,000-$15,000
Investment Program Related Org$241,943--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vicki CarviouPresidentFT$78,472$37,145$115,617
Craig ButlerVice Chair-$350$17$367
Anita MoroisTreasurer--$17$17
Gordon KehoeDirector--$17$17
James EngmanSecretary--$17$17
Mitch HubertBoard Chair--$17$17
Steven HansenDirector--$17$17
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,232,852
Investment Income
$295,846
Other Revenue
$3,405
Change in Net Assets
$320,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$615,047
Other Expenses$595,158
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$346,195
Office Expenses---$235,759
Other Employee Benefits---$125,488
Information Technology---$88,766
Current Officers, Directors, Trustees, and Key Employees---$78,822
Fees for Services Other---$57,253
Pension Plan Contributions---$34,311
Occupancy---$31,688
Payroll Taxes---$30,231
Depreciation Depletion---$24,432
Insurance---$23,812
Other Expenses---$18,019
Advertising---$12,729
Fees for Services Accounting---$6,661
Grants to Domestic Individuals---$1,000
Conferences and Meetings---$778
Total Functional Expenses$0$0$0$1,211,205
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares & Deposits$31,794,832
457b Plan Liability$9,852
Adjust Escrow to Line 21 Bal Sheet$-253
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 tax return preparer who completes the return. Management and the internal auditor review the return for accuracy and then authorize preparer to e-file the approved return. Management reviews the return with the directors at the next board meeting.”

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

“Code of conduct and code of ethics policies are reviewed and discussed annually with directors and employees. Directors and employees sign a statement of acknowledge/understanding and are required to disclose any possible conflicts of interest.”

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

“The salary review committee is provided with comparable data from the wi cu league and cuna salary surveys for use in determining compensation for the president/ceo. Approval of the compensation is obtained at a board meeting and documented in the minutes.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and conflicet of interest policy avaiable upon request. Monthly financial statements are posted on the member bulletin board located in the entrance of the credit union.”

Filing and Contact Details

Filer

Filer Name
Bay Shore Credit Union
EIN
39-0963263
Phone
7157320065
Address
PO BOX 655, MARINETTE, WI 54143

Signing Officer

Name
Vicki Carviou
Title
President
Phone
7157320065
Signed
2021-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Carviou
Formed
1953
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
5

Preparer

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

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The credit union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans.”

Raw XML Appendix360 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/BOYAmt0116228
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0145562
IRS990/AccountsReceivableGrp/BOYAmt075
IRS990/AccountsReceivableGrp/EOYAmt075
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENCOURAGE THRIFT AMONG OUR MEMBERS, TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND TO PROVIDE AN OPPORTUNITY FOR EACH OF OUR MEMBERS TO IMPROVE THEIR RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS.
IRS990/AdvertisingGrp/TotalAmt012729
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0VICKI CARVIOU
IRS990/BooksInCareOfDetail/PhoneNum07157320065
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 655
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARINETTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd054143
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0499321
IRS990/CashNonInterestBearingGrp/EOYAmt0352928
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt078822
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt0778
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01000
IRS990/CYInvestmentIncomeAmt0295846
IRS990/CYOtherExpensesAmt0595158
IRS990/CYOtherRevenueAmt03405
IRS990/CYProgramServiceRevenueAmt01232852
IRS990/CYRevenuesLessExpensesAmt0320898
IRS990/CYSalariesCompEmpBnftPaidAmt0615047
IRS990/CYTotalExpensesAmt01211205
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01532103
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt024432
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 210 NEW DEPOSIT ACCOUNTS IN 2020. AS OF 12/31/20 WE HAD 3,452 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt0294
IRS990/EscrowAccountLiabilityGrp/EOYAmt0253
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt06661
IRS990/FeesForServicesOtherGrp/TotalAmt057253
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt037145
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt217
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt317
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt417
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt517
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt617
IRS990/Form990PartVIISectionAGrp/PersonNm0VICKI CARVIOU
IRS990/Form990PartVIISectionAGrp/PersonNm1CRAIG BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm2MITCH HUBERT
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES ENGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANITA MOROIS
IRS990/Form990PartVIISectionAGrp/PersonNm5GORDON KEHOE
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVEN HANSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt078472
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01532103
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0295846
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05857198
IRS990/InvestmentsProgramRelatedGrp/EOYAmt08111943
IRS990/IRPDocumentCnt0864
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0509571
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0155594
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0144079
IRS990/LandBldgEquipCostOrOtherBssAmt0653650
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENCOURAGE THRIFT AMONG OUR MEMBERS, TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND TO PROVIDE AN OPPORTUNITY FOR EACH OF OUR MEMBERS TO IMPROVE THEIR RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05903984
IRS990/NetAssetsOrFundBalancesEOYAmt06224882
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt031688
IRS990/OfficeExpensesGrp/TotalAmt0235759
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0321946
IRS990/OtherAssetsTotalGrp/EOYAmt0315876
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125488
IRS990/OtherExpensesGrp/Desc0DIVIDENDS PAID TO MEMBERS
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/TotalAmt095261
IRS990/OtherExpensesGrp/TotalAmt118019
IRS990/OtherLiabilitiesGrp/BOYAmt026238523
IRS990/OtherLiabilitiesGrp/EOYAmt031804431
IRS990/OtherSalariesAndWagesGrp/TotalAmt0346195
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019442977
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt017903662
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt030231
IRS990/PensionPlanContributionsGrp/TotalAmt034311
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034592
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054689
IRS990/PrincipalOfficerNm0VICKI CARVIOU
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3560000
IRS990/ProgramServiceRevenueGrp/BusinessCd4520000
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER MEMBER RELATED REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3CVR-DMV FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4NON-MEMBER ATM FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1184366
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2101595
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2101595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41453
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt11453
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 806 NEW LOANS TO MEMBERS DURING 2020. AS OF 12/31/20 WE HAD 2,058 LOANS TO OUR MEMBERS.
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0233348
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1241943
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS W/ MATURITY > 1 YR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CORP CENTRAL CAPITAL A/C'S
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES & DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1457B PLAN LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ADJUST ESCROW TO LINE 21 BAL SHEET
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
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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 TAX RETURN PREPARER WHO COMPLETES THE RETURN. MANAGEMENT AND THE INTERNAL AUDITOR REVIEW THE RETURN FOR ACCURACY AND THEN AUTHORIZE PREPARER TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE DIRECTORS AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CODE OF CONDUCT AND CODE OF ETHICS POLICIES ARE REVIEWED AND DISCUSSED ANNUALLY WITH DIRECTORS AND EMPLOYEES. DIRECTORS AND EMPLOYEES SIGN A STATEMENT OF ACKNOWLEDGE/UNDERSTANDING AND ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARY REVIEW COMMITTEE IS PROVIDED WITH COMPARABLE DATA FROM THE WI CU LEAGUE AND CUNA SALARY SURVEYS FOR USE IN DETERMINING COMPENSATION FOR THE PRESIDENT/CEO. APPROVAL OF THE COMPENSATION IS OBTAINED AT A BOARD MEETING AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND CONFLICET OF INTEREST POLICY AVAIABLE UPON REQUEST. MONTHLY FINANCIAL STATEMENTS ARE POSTED ON THE MEMBER BULLETIN BOARD LOCATED IN THE ENTRANCE OF THE CREDIT UNION.
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
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06224882
IRS990/TotalOtherCompensationAmt037247
IRS990/TotalProgramServiceRevenueAmt01232852
IRS990/TotalReportableCompFromOrgAmt078822
IRS990/TotalRevenueGrp/ExclusionAmt0299251
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01532103
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06700
IRS990/TotalVolunteersCnt05
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 655
IRS990/USAddress/CityNm0MARINETTE
IRS990/USAddress/StateAbbreviationCd0WI
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IRS990/WebsiteAddressTxt0WWW.BAYSHORECU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKI CARVIOU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07157320065
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAY SHORE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0BAYS
ReturnHeader/Filer/EIN0390963263
ReturnHeader/Filer/PhoneNum07157320065
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 655
ReturnHeader/Filer/USAddress/CityNm0MARINETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054143
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811697509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AUDIT THREESIXTY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01202 JOHNSON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ONALASKA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546502008
ReturnHeader/PreparerPersonGrp/PhoneNum06083173765
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER RASMUSSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-10T16:01:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VICKI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARVIOU
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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