Civic Intelligence

Douglas County Credit Union

EIN 39-1023100 • 501(c)14 • Superior, WI

Profile

The douglas county credit union is a service provider to the employees of douglas county, wisconsin. The credit unions mission is to provide support for the financial needs of our members.

1225 Tower AvenueSuperior, WI 54880
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

96th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)14 • <$500k nonprofits • Source year 2016

Net Margin

17th percentile

-373%

Higher net margin than 17% of similar nonprofits.

501(c)14 • <$500k nonprofits • Source year 2016

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)14 • <$500k nonprofits • Source year 2016

Asset Growth

95th percentile

-100%

Faster asset growth than 95% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

5.7%

Faster revenue growth than 92% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $3,584,363 (-100%) from 2015

Liabilities

Down

$0

Down $3,056,343 (-100%) from 2015

Net Assets

Down

$0

Down $528,020 (-100%) from 2015

Revenue

Up

$141,512

Up $7,687 (+5.7%) from 2015

Expenses

Up

$669,532

Up $536,857 (+405%) from 2015

Net Income

Down

-$528,020

Down $529,170 (-46015%) from 2015

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,408,985Liabilities 2010: $2,832,325Net Assets 2010: $576,6602010Assets 2011: $3,677,114Liabilities 2011: $3,121,423Net Assets 2011: $555,6912011Assets 2012: $3,478,587Liabilities 2012: $2,921,843Net Assets 2012: $556,7442012Assets 2013: $3,241,605Liabilities 2013: $2,697,782Net Assets 2013: $543,8232013Assets 2014: $3,351,695Liabilities 2014: $2,824,825Net Assets 2014: $526,8702014Assets 2015: $3,584,363Liabilities 2015: $3,056,343Net Assets 2015: $528,0202015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $173,5592010Expenses 2011: $158,1512011Expenses 2012: $137,2192012Revenue 2013: $125,032Expenses 2013: $137,953Net Income 2013: -$12,9212013Revenue 2014: $129,546Expenses 2014: $146,499Net Income 2014: -$16,9532014Revenue 2015: $133,825Expenses 2015: $132,675Net Income 2015: $1,1502015Revenue 2016: $141,512Expenses 2016: $669,532Net Income 2016: -$528,0202016

Highlighted filing

2016

Revenue$141,512
Expenses$669,532
Net Income-$528,020

Filings

Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jan 29, 2016
Return Version
2015v2.1
Gross Receipts
$133,825
Mission and Program Overview

Mission

The douglas county credit union is a service provider to the employees of douglas county, wisconsin. The credit union's mission is to provide support for the financial needs of our members.

The douglas county credit union is a service provider to the employees of douglas county, wisconsin. The credit unions mission is to provide support for the financial needs of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,777,136$1,752,604▼ $24,532
Savings and Temporary Cash Investments$1,460,817$1,723,887▲ $263,070
Rtn Earn Endowment Incm Other Fnds$526,870$528,020▲ $1,150
Investments Program Related$65,615$66,866▲ $1,251
Cash and Non-Interest-Bearing Accounts$34,131$28,716▼ $5,415
Land, Buildings, and Equipment, Net$7,722$5,283▼ $2,439
Prepaid Expenses and Deferred Charges$2,136$2,904▲ $768
Total Assets$3,351,695$3,584,363▲ $232,668
Other Assets Total$4,138$4,103▼ $35
Liabilities
Other Liabilities$2,824,442$3,054,673▲ $230,231
Accounts Payable and Accrued Expenses$383$1,670▲ $1,287
Total Liabilities$2,824,825$3,056,343▲ $231,518
Net Assets / Fund Balance
Total Net Assets Fund Balance$526,870$528,020▲ $1,150
Total Liabilities and Net Assets / Fund Balance$3,351,695$3,584,363▲ $232,668

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$26,122--
Other Land Buildings$5,283$6,910-
Other Assets Org$4,103--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory GuenardChairman
Lyn LarsonPresident
Kathleen HansonVice Chair
Audrey LarsonDirector
Judy MclaughlinDirector
Lisa JohnsonDirector
Michael OstrengaDirector
William GranlundSecretary
Rhoda NielsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$106,410
Investment Income
$27,415
Other Revenue
$0
Change in Net Assets
$1,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$132,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$91,780
Information Technology---$7,765
Insurance---$4,185
Office Expenses---$3,205
Depreciation Depletion---$2,439
Other Expenses$1,046--$1,046
Fees for Services Accounting---$350
Conferences and Meetings---$165
Advertising---$30
Total Functional Expenses$0$0$0$132,675
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares and Deposits$3,054,673
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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

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 utiltizing 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 organziations bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency.

Form 990 governing body review Part VI line 11

No review was conducted or will be conducted.

Conflict of interest policy compliance Part VI line 12C

Through webinars and ii releases.

Governing documents etc available to public Part VI line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Douglas County Credit Union
EIN
39-1023100
Address
1225 TOWER AVENUE, SUPERIOR, WI 54880

Signing Officer

Name
Lyn Larson
Title
President
Phone
7153924524
Signed
2016-01-29
Discuss with paid preparer
Yes

Organization Details

Formed
1952
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Firm
Scott Wallin CPA Sc
Address
PO BOX 836, SUPERIOR, WI 54880
Preparer
Scott Wallin
Phone
2183104362
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Expenses are an allocation of a service center that runs the credit union.

Raw XML Appendix348 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/Desc0WE FUNDED 123 LOANS DURING 2015. AS OF 12/31/2015, WE HAD 1 MORTGAGES/HOME EQUITY AND 309 CONSUMER LOANS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
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IRS990/MissionDesc0THE DOUGLAS COUNTY CREDIT UNION IS A SERVICE PROVIDER TO THE EMPLOYEES OF DOUGLAS COUNTY, WISCONSIN. THE CREDIT UNIONS MISSION IS TO PROVIDE SUPPORT FOR THE FINANCIAL NEEDS OF OUR MEMBERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILTIZING THEIR ONE VOTE PER MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANZIATIONS BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THROUGH WEBINARS AND II RELEASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXPENSES ARE AN ALLOCATION OF A SERVICE CENTER THAT RUNS THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03351695
IRS990/TotalAssetsEOYAmt03584363
IRS990/TotalAssetsGrp/BOYAmt03351695
IRS990/TotalAssetsGrp/EOYAmt03584363
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0132675
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02824825
IRS990/TotalLiabilitiesEOYAmt03056343
IRS990/TotalLiabilitiesGrp/BOYAmt02824825
IRS990/TotalLiabilitiesGrp/EOYAmt03056343
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0526870
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0528020
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0106410
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0133825
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133825
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03351695
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03584363
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYN LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07153924524
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOUGLAS COUNTY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0DOUG
ReturnHeader/Filer/EIN0391023100
ReturnHeader/Filer/USAddress/AddressLine1Txt01225 TOWER AVENUE
ReturnHeader/Filer/USAddress/CityNm0SUPERIOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054880
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273559905
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT WALLIN CPA SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 836
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SUPERIOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054880
ReturnHeader/PreparerPersonGrp/PhoneNum02183104362
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Wallin
ReturnHeader/ReturnTs02016-01-30T13:29:47-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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