Civic Intelligence

Sentry Credit Union

990 • Fiscal year 2014 • EIN 39-1429665

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 20, 2015

1800 North Point DriveStevens Point, WI 54481

(715) 346-6534

Siviq Scores

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

Liabilities / Assets

19th percentile

0.84x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

26.90x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Net Margin

83rd percentile

20%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

32nd percentile

$112,918

Higher top officer pay than 32% of similar nonprofits.

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

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Asset Growth

25th percentile

0.2%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-5.4%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$86,764,137

Up $202,969 (+0.2%) from 2013

Net Assets

Up

$13,471,684

Up $546,314 (+4.2%) from 2013

Liabilities

Down

$73,292,453

Down $343,345 (-0.5%) from 2013

Revenue

Down

$2,725,069

Down $154,223 (-5.4%) from 2013

Expenses

Down

$2,178,755

Down $132,799 (-5.7%) from 2013

Net Income

Down

$546,314

Down $21,424 (-3.8%) from 2013

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $79,015,640Liabilities 2011: $67,160,838Net Assets 2011: $11,854,8022011Assets 2012: $88,921,786Liabilities 2012: $76,564,154Net Assets 2012: $12,357,6322012Assets 2013: $86,561,168Liabilities 2013: $73,635,798Net Assets 2013: $12,925,3702013Assets 2014: $86,764,137Liabilities 2014: $73,292,453Net Assets 2014: $13,471,6842014Assets 2015: $89,119,624Liabilities 2015: $75,104,528Net Assets 2015: $14,015,0962015Assets 2016: $93,251,356Liabilities 2016: $78,789,767Net Assets 2016: $14,461,5892016Assets 2018: $97,616,544Liabilities 2018: $82,286,719Net Assets 2018: $15,329,8252018Assets 2019: $104,243,954Liabilities 2019: $88,419,169Net Assets 2019: $15,824,7852019Assets 2021: $131,234,457Liabilities 2021: $114,084,853Net Assets 2021: $17,149,6042021Assets 2022: $136,934,378Liabilities 2022: $119,136,881Net Assets 2022: $17,797,4972022Assets 2024: $143,349,770Liabilities 2024: $123,966,874Net Assets 2024: $19,382,8962024

Highlighted filing

2014

Assets$86,764,137
Liabilities$73,292,453
Net Assets$13,471,684

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2011: $2,561,4642011Expenses 2012: $2,659,9172012Revenue 2013: $2,879,292Expenses 2013: $2,311,554Net Income 2013: $567,7382013Revenue 2014: $2,725,069Expenses 2014: $2,178,755Net Income 2014: $546,3142014Revenue 2015: $2,669,937Expenses 2015: $2,126,525Net Income 2015: $543,4122015Revenue 2016: $2,715,485Expenses 2016: $2,268,992Net Income 2016: $446,4932016Revenue 2018: $3,398,585Expenses 2018: $2,609,404Net Income 2018: $789,1812018Revenue 2019: $3,813,787Expenses 2019: $3,318,827Net Income 2019: $494,9602019Revenue 2021: $3,410,281Expenses 2021: $2,887,449Net Income 2021: $522,8322021Revenue 2022: $3,850,431Expenses 2022: $3,202,537Net Income 2022: $647,8942022Revenue 2024: $6,913,526Expenses 2024: $6,568,301Net Income 2024: $345,2252024

Highlighted filing

2014

Revenue$2,725,069
Expenses$2,178,755
Net Income$546,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 20, 2015
Return Version
2014v5.0
Gross Receipts
$2,725,069
Mission and Program Overview

Mission

To deliver safe, competitive and convenient personal banking products, with exceptional service, to our members. As a trusted partner, our solid financial strength ensures members can rely us to assist toward attaining their financial goals while creating highly valued benefit.

The Sentry Credit Union Mission is to develop and maintain a full service financial institution, which will help our members help themselves achieve financial security, by providing a broad variety of cost effective services, meeting competition in a financially sound manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$51,458,715$56,499,894▲ $5,041,179
Savings and Temporary Cash Investments$26,493,475$24,321,753▼ $2,171,722
Rtn Earn Endowment Incm Other Fnds$12,925,370$13,471,684▲ $546,314
Investments Other Securities$6,000,000$3,000,000▼ $3,000,000
Investments Program Related$1,396,725$1,411,976▲ $15,251
Cash and Non-Interest-Bearing Accounts$724,158$873,807▲ $149,649
Accounts Receivable$169,264$397,532▲ $228,268
Prepaid Expenses and Deferred Charges$131,836$124,814▼ $7,022
Land, Buildings, and Equipment, Net$59,525$48,966▼ $10,559
Total Assets$86,561,168$86,764,137▲ $202,969
Other Assets Total$127,470$85,395▼ $42,075
Liabilities
Other Liabilities$70,042,678$70,789,273▲ $746,595
Accounts Payable and Accrued Expenses$3,593,120$2,503,180▼ $1,089,940
Total Liabilities$73,635,798$73,292,453▼ $343,345
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,925,370$13,471,684▲ $546,314
Total Liabilities and Net Assets / Fund Balance$86,561,168$86,764,137▲ $202,969

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,966$183,326$232,292
Investment Program Related Org$666,941--
Other Securities$3,000,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rex FairPresidentFT$101,315$11,603$112,918

Board Members and Trustees

NameTitle
Joe MangalChairman
Brian CychoszDirector
Cindy KievetDirector
Harry RiceDirector
Jack EdgertonDirector
James NickersonDirector
Mike BilbreyDirector
Sue KedrowskiDirector
Jim ZwickerSecretary
Dave AreyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,412,506
Investment Income
$312,563
Other Revenue
$0
Change in Net Assets
$546,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,232,126
Salaries, Compensation, and Employee Benefits$946,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$584,942
Other Employee Benefits---$260,372
Information Technology---$236,042
Current Officers, Directors, Trustees, and Key Employees---$101,315
Interest---$72,988
Office Expenses---$68,175
Advertising---$67,033
All Other Expenses---$35,790
Occupancy---$28,800
Other Expenses-$27,902-$27,902
Payments to Affiliates---$26,512
Fees for Services Other---$26,352
Depreciation Depletion---$21,220
Insurance---$20,362
Conferences and Meetings---$11,919
Fees for Services Accounting---$10,800
Travel---$2,458
Fees for Services Legal---$960
Total Functional Expenses$0$0$0$2,178,755
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 & Deposits$70,787,311
Accrued Dividends$1,962
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 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 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

Upon completion, Form 990 is reviewed by the Accountant, Operations Manager and the President.

Conflict of interest policy compliance Part VI line 12C

A Conflict of Interest statement is signed annually by all officers, directors and employees. Any conflicts are resolved by the Board of Directors.

Governing documents etc available to public Part VI line 19

They are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sentry Credit Union
EIN
39-1429665
Address
1800 North Point Drive, Stevens Point, WI 54481

Signing Officer

Name
Rex L Fair
Title
President
Phone
7153466534
Signed
2015-07-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Rex Fair
Formed
1935
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
13

Preparer

Firm
WCUL Services Corp
Address
N25W23131 Paul Rd Suite 500, Pewaukee, WI 53072
Preparer
Cari Thompson
Phone
2625490200
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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/ProgramServiceRevenueGrp/Desc2Other Member Fee Income
IRS990/ProgramServiceRevenueGrp/Desc3Non-member ATM Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01949019
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1258463
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2199404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01949019
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1258463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2199404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35620
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt05620
IRS990/ProgSrvcAccomActy2Grp/Desc0We have deposit, transaction, and investment accounts with 6618 members at 12/31/14. During 2014, we opened 737 new deposit, transaction and investment accounts.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0390104
IRS990/PYOtherExpensesAmt01249380
IRS990/PYProgramServiceRevenueAmt02489188
IRS990/PYRevenuesLessExpensesAmt0567738
IRS990/PYSalariesCompEmpBnftPaidAmt01062174
IRS990/PYTotalExpensesAmt02311554
IRS990/PYTotalRevenueAmt02879292
IRS990/ReconcilationRevenueExpnssAmt0546314
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012925370
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013471684
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026493475
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024321753
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt048966
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0183326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0232292
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0685278
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt159757
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2666941
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NCUA Capitalization
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PSCU CUSO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CCCU MCS & PCC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070787311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Shares & Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Dividends
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03000000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Govt Investments - FHLB
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048966
IRS990ScheduleD/TotalBookValueProgramRltdAmt01411976
IRS990ScheduleD/TotalBookValueSecuritiesAmt03000000
IRS990ScheduleD/TotalLiabilityAmt070789273
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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 utilizing 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 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/ExplanationTxt3Upon completion, Form 990 is reviewed by the Accountant, Operations Manager and the President.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A Conflict of Interest statement is signed annually by all officers, directors and employees. Any conflicts are resolved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5They are available to the public upon request.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt086561168
IRS990/TotalAssetsEOYAmt086764137
IRS990/TotalAssetsGrp/BOYAmt086561168
IRS990/TotalAssetsGrp/EOYAmt086764137
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02178755
IRS990/TotalGrossUBIAmt05620
IRS990/TotalLiabilitiesBOYAmt073635798
IRS990/TotalLiabilitiesEOYAmt073292453
IRS990/TotalLiabilitiesGrp/BOYAmt073635798
IRS990/TotalLiabilitiesGrp/EOYAmt073292453
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012925370
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013471684
IRS990/TotalOtherCompensationAmt011603
IRS990/TotalProgramServiceRevenueAmt02412506
IRS990/TotalReportableCompFromOrgAmt0101315
IRS990/TotalRevenueGrp/ExclusionAmt0312563
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02406886
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02725069
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05620
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt086561168
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt086764137
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt02458
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.sentrycu.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Rex L Fair
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07153466534
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sentry Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0SENT
ReturnHeader/Filer/EIN0391429665
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 North Point Drive
ReturnHeader/Filer/USAddress/CityNm0Stevens Point
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054481
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391127312
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WCUL Services Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0N25W23131 Paul Rd Suite 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pewaukee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053072
ReturnHeader/PreparerPersonGrp/PhoneNum02625490200
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cari Thompson
ReturnHeader/ReturnTs02015-08-13T20:42:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$143$124$19.4$6.91$6.57$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$137$119$17.8$3.85$3.20$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$131$114$17.1$3.41$2.89$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$104$88.4$15.8$3.81$3.32$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.6$82.3$15.3$3.40$2.61$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.3$78.8$14.5$2.72$2.27$0.45
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.1$75.1$14.0$2.67$2.13$0.54
2014Detailed filing. Detailed filing data is available for this year.$86.8$73.3$13.5$2.73$2.18$0.55
2013Detailed filing. Detailed filing data is available for this year.$86.6$73.6$12.9$2.88$2.31$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.9$76.6$12.4$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.0$67.2$11.9$2.56
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