Civic Intelligence

Indianhead Credit Union

990 • Fiscal year 2017 • EIN 39-6049800

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

Organization Profilewww.indianheadcu.org

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104 E Maple StSpooner, WI 54801-0100

(715) 635-8273

Siviq Scores

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

Liabilities / Assets

65th percentile

0.90x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

23.39x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Net Margin

58th percentile

12%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$111,979

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Asset Growth

99th percentile

23%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

24%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$57,660,618

Up $10,820,895 (+23%) from 2016

Net Assets

Up

$5,813,131

Up $1,110,776 (+24%) from 2016

Liabilities

Up

$51,847,487

Up $9,710,119 (+23%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin58th percentile

Revenue

Up

$2,216,807

Up $423,168 (+24%) from 2016

Expenses

Up

$1,956,001

Up $343,155 (+21%) from 2016

Net Income

Up

$260,806

Up $80,013 (+44%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$100M$50M$0Assets 2010: $42,417,138Liabilities 2010: $38,547,358Net Assets 2010: $3,869,7802010Assets 2011: $44,233,115Liabilities 2011: $40,266,308Net Assets 2011: $3,966,8072011Assets 2012: $46,680,169Liabilities 2012: $42,617,157Net Assets 2012: $4,063,0122012Assets 2013: $45,682,138Liabilities 2013: $41,521,099Net Assets 2013: $4,161,0392013Assets 2014: $44,517,692Liabilities 2014: $40,169,242Net Assets 2014: $4,348,4502014Assets 2015: $45,186,058Liabilities 2015: $40,664,496Net Assets 2015: $4,521,5622015Assets 2016: $46,839,723Liabilities 2016: $42,137,368Net Assets 2016: $4,702,3552016Assets 2017: $57,660,618Liabilities 2017: $51,847,487Net Assets 2017: $5,813,1312017Assets 2018: $58,408,284Liabilities 2018: $52,099,393Net Assets 2018: $6,308,8912018Assets 2019: $62,744,601Liabilities 2019: $55,832,856Net Assets 2019: $6,911,7452019Assets 2020: $79,789,412Liabilities 2020: $72,554,647Net Assets 2020: $7,234,7652020Assets 2021: $88,164,470Liabilities 2021: $80,753,720Net Assets 2021: $7,410,7502021Assets 2022: $93,128,956Liabilities 2022: $85,507,561Net Assets 2022: $7,621,3952022Assets 2023: $90,226,501Liabilities 2023: $80,349,400Net Assets 2023: $9,877,1012023Assets 2024: $90,905,912Liabilities 2024: $78,963,391Net Assets 2024: $11,942,5212024

Highlighted filing

2017

Assets$57,660,618
Liabilities$51,847,487
Net Assets$5,813,131
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,934,8682010Expenses 2011: $1,900,7632011Expenses 2012: $1,829,7172012Revenue 2013: $1,761,978Expenses 2013: $1,663,951Net Income 2013: $98,0272013Revenue 2014: $1,719,382Expenses 2014: $1,531,971Net Income 2014: $187,4112014Revenue 2015: $1,761,005Expenses 2015: $1,587,893Net Income 2015: $173,1122015Revenue 2016: $1,793,639Expenses 2016: $1,612,846Net Income 2016: $180,7932016Revenue 2017: $2,216,807Expenses 2017: $1,956,001Net Income 2017: $260,8062017Revenue 2018: $2,489,920Expenses 2018: $1,992,090Net Income 2018: $497,8302018Revenue 2019: $2,778,794Expenses 2019: $2,177,500Net Income 2019: $601,2942019Revenue 2020: $2,623,372Expenses 2020: $2,300,352Net Income 2020: $323,0202020Revenue 2021: $2,522,491Expenses 2021: $2,230,178Net Income 2021: $292,3132021Revenue 2022: $3,212,744Expenses 2022: $2,230,893Net Income 2022: $981,8512022Revenue 2023: $4,748,887Expenses 2023: $2,705,138Net Income 2023: $2,043,7492023Revenue 2024: $5,340,599Expenses 2024: $3,452,933Net Income 2024: $1,887,6662024

Highlighted filing

2017

Revenue$2,216,807
Expenses$1,956,001
Net Income$260,806
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.0
Gross Receipts
$2,216,807
Mission and Program Overview

Mission

To make available the best possible financial products to our members, by providing competitive rates, member education, and outstanding service, while maintaining the credit union's long-term financial stability.

Indianhead Credit Union offers many services including savings and loans designed to improve the economic and social well being of all members from all sociaeconomic backgrounds, including low and moderate income members. Our loans include real estate loans and small balance consumer loans, our savings include small balance passbook accounts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,628,258$29,115,836▲ $6,487,578
Savings and Temporary Cash Investments$22,026,226$25,700,156▲ $3,673,930
Rtn Earn Endowment Incm Other Fnds$4,702,355$5,813,131▲ $1,110,776
Land, Buildings, and Equipment, Net$942,153$1,438,649▲ $496,496
Cash and Non-Interest-Bearing Accounts$835,691$1,076,799▲ $241,108
Prepaid Expenses and Deferred Charges$86,774$108,048▲ $21,274
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$46,839,723$57,660,618▲ $10,820,895
Other Assets Total$320,621$221,130▼ $99,491
Liabilities
Other Liabilities$41,148,665$50,691,196▲ $9,542,531
Accounts Payable and Accrued Expenses$780,713$923,797▲ $143,084
Escrow Account Liability$207,990$232,494▲ $24,504
Total Liabilities$42,137,368$51,847,487▲ $9,710,119
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,702,355$5,813,131▲ $1,110,776
Total Liabilities and Net Assets / Fund Balance$46,839,723$57,660,618▲ $10,820,895

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$790,253$369,166$0
Other Land Buildings$155,373$92,578$0
Land$213,347-$0
Equipment$279,676$849,865$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine BerndtCEO/PresidentFT$107,157$4,822$111,979
Renee ZimmermanVice-President OperationsFT$45,372$8,620$53,992

Board Members and Trustees

NameTitle
Gary SlonikerBoard Chair
Michael SchroederVice-chair
Daniel MakoskyDirector
Michael A OstrengaDirector
Richard HartmannDirector
Richard MooneyDirector
Wilma VolkmanDirector
Larry AverySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,617,819
Investment Income
$290,554
Other Revenue
$308,434
Change in Net Assets
$260,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,054,645
Salaries, Compensation, and Employee Benefits$901,356
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$579,806
Office Expenses---$439,626
Current Officers, Directors, Trustees, and Key Employees---$165,971
Occupancy---$133,431
Other Expenses---$96,387
Other Employee Benefits---$74,461
All Other Expenses---$65,873
Payroll Taxes---$57,469
Advertising---$45,085
Pension Plan Contributions---$23,649
Travel---$13,045
Fees for Services Accounting---$7,595
Fees for Services Legal---$6,266
Total Functional Expenses$0$0$0$1,956,001
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
savings$31,815,879
share drafts$10,083,526
ira accounts$4,490,621
share certificates$3,962,008
money market accounts$269,700
health savings account$68,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Part VI, Section A, Line 6

“we have members”

Form 990, Part VI, Section A, Line 7A

“Any member age 18 or older who has been a member for 6 months may vote at the Annual Meeting for directors. Any member age 18 or older may run for the Board of Directors”

Form 990, Part VI, Section A, Line 7B

“The membership would need to approve a name change or merger”

Form 990, Part VI, Section B, Line 11B

“it is sent to the Board of Directors via secure email for review”

Form 990, Part VI, Section B, Line 12C

“this is a small organization located in a small town, any officers or directors interest in a business that does business with the credit union would be known”

Form 990, Part VI, Section C, Line 19

“They would need to request them at the main office.”

Filing and Contact Details

Filer

Filer Name
Indianhead Credit Union
EIN
39-6049800
Phone
7156358273
Address
104 E Maple St, Spooner, WI 54801-0100

Signing Officer

Name
Katherine Berndt
Title
President
Phone
7156358273
Signed
2018-11-09

Organization Details

Principal Officer
Katherine Berndt
Formed
1961
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
34
Volunteers
11
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“in 2017 we had 5 small credit unions merge into our credit union, we had equity acquired in merger of $740,649 for the first 4 and $108,812 for the last one”

Financial Statement Notes

Schedule D, Part IV, Line 1B

“we have escrow accounts for our MPFXTRA and mortgage loans that we service”

Schedule D, Part IV, Line 2B

“line 21 has the credit unions escrow accounts for mortgages we own, this report shows the escrow accounts for mortgages we service.”

Raw XML AppendixShowing 400 of 452 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2PROFESSIONAL AND OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3DIVIDENDS PAID ON SAVINGS
IRS990/OtherExpensesGrp/TotalAmt011855
IRS990/OtherExpensesGrp/TotalAmt1112730
IRS990/OtherExpensesGrp/TotalAmt2122752
IRS990/OtherExpensesGrp/TotalAmt396387
IRS990/OtherLiabilitiesGrp/BOYAmt041148665
IRS990/OtherLiabilitiesGrp/EOYAmt050691196
IRS990/OtherRevenueMiscGrp/BusinessCd0522130
IRS990/OtherRevenueMiscGrp/BusinessCd1522130
IRS990/OtherRevenueMiscGrp/Desc0NFS FEE INCOME AND DEBIT CARD
IRS990/OtherRevenueMiscGrp/Desc1SALE OF CREDIT LIFE AND DISABILITY INSURANCE
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0265023
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14491
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0265023
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14491
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt0308434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0579806
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022628258
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt029115836
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt057469
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt023649
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt086774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108048
IRS990/PrincipalOfficerNm0Katherine Berndt
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1ORIGINATION FEE SERVICE LOANS
IRS990/ProgramServiceRevenueGrp/Desc2LATE FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01524851
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt187546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25422
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01524851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25422
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0We have 2 high school credit union branches to help teach financial education. We provide budget simulations for high school students in seven high schools and a program for single mothers. The program is called Mad City. We offer scholarships for teachers to attend a 2 week financial education seminar when requested. There is no revenue generated for these activities. The expenses are part of public relations and not broken out. Estimated expenses for 2017 are $5,000.
IRS990/ProgSrvcAccomActy3Grp/Desc0The Credit Union provides staff, space and equipment for a VITA/AARP site at our Spooner office; we did at least 700 tax returns for low and moderate income individuals in our community at no charge to the tax payer. This service does not generate income; the expenses are an estimate since staff is doing this during regular business hours. I estimate the cost to be $12,000.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0We provide paid staff time for an employee to run the annual Lions Christmas fund in our community. This program provides gifts and food to needy families at Christmas time. Expenses are not broken out, estimated cost $1,000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0158617
IRS990/PYOtherExpensesAmt0898847
IRS990/PYOtherRevenueAmt0283934
IRS990/PYProgramServiceRevenueAmt01351088
IRS990/PYRevenuesLessExpensesAmt0180793
IRS990/PYSalariesCompEmpBnftPaidAmt0713999
IRS990/PYTotalExpensesAmt01612846
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01793639
IRS990/ReconcilationRevenueExpnssAmt0260806
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04702355
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05813131
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022026226
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025700156
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AdditionsDuringYearAmt0231412
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt044514
IRS990ScheduleD/BuildingsGrp/BookValueAmt0790253
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0369166
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01159419
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DistributionsDuringYearAmt0235750
IRS990ScheduleD/EndingBalanceAmt040176
IRS990ScheduleD/EquipmentGrp/BookValueAmt0279676
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0849865
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01129541
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt01356
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0213347
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0213347
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0155373
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt092578
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0247951
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010083526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt131815879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24490621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33962008
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4269700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt568106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0share drafts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1savings
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ira accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3share certificates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4money market accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5health savings account
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0we have escrow accounts for our MPFXTRA and mortgage loans that we service
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1line 21 has the credit unions escrow accounts for mortgages we own, this report shows the escrow accounts for mortgages we service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part IV, Line 1b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01438649
IRS990ScheduleD/TotalLiabilityAmt050691196
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0we have members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any member age 18 or older who has been a member for 6 months may vote at the Annual Meeting for directors. Any member age 18 or older may run for the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The membership would need to approve a name change or merger
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3it is sent to the Board of Directors via secure email for review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4this is a small organization located in a small town, any officers or directors interest in a business that does business with the credit union would be known
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5They would need to request them at the main office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6in 2017 we had 5 small credit unions merge into our credit union, we had equity acquired in merger of $740,649 for the first 4 and $108,812 for the last one
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt046839723
IRS990/TotalAssetsEOYAmt057660618
IRS990/TotalAssetsGrp/BOYAmt046839723
IRS990/TotalAssetsGrp/EOYAmt057660618
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01956001
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042137368
IRS990/TotalLiabilitiesEOYAmt051847487
IRS990/TotalLiabilitiesGrp/BOYAmt042137368
IRS990/TotalLiabilitiesGrp/EOYAmt051847487
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04702355

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,660,618
Liabilities
$51,847,487
Net assets
$5,813,131
Revenue
$2,216,807
Expenses
$1,956,001
Net income
$260,806
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.9$79.0$11.9$5.34$3.45$1.89
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.2$80.3$9.88$4.75$2.71$2.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.1$85.5$7.62$3.21$2.23$0.98
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.2$80.8$7.41$2.52$2.23$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.8$72.6$7.23$2.62$2.30$0.32
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.7$55.8$6.91$2.78$2.18$0.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.4$52.1$6.31$2.49$1.99$0.50
2017Detailed filing. Detailed filing data is available for this year.$57.7$51.8$5.81$2.22$1.96$0.26
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.8$42.1$4.70$1.79$1.61$0.18
2015Detailed filing. Detailed filing data is available for this year.$45.2$40.7$4.52$1.76$1.59$0.17
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$44.5$40.2$4.35$1.72$1.53$0.19
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.7$41.5$4.16$1.76$1.66$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$42.6$4.06$1.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.2$40.3$3.97$1.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.4$38.5$3.87$1.93