Civic Intelligence

1 St Community Credit Union

990 • Fiscal year 2013 • EIN 39-6049882

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

1000 W Wisconsin StreetPO Box 167Sparta, WI 54656

(608) 269-8121

Siviq Scores

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

Liabilities / Assets

54th percentile

0.90x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

75th percentile

20.96x

Higher debt load relative to revenue than 75% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

54th percentile

11%

Higher net margin than 54% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

13th percentile

$130,080

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

32nd percentile

1.0%

Faster asset growth than 32% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$117,291,868

Up $1,171,932 (+1.0%) from 2012

Net Assets

Up

$11,692,700

Up $577,058 (+5.2%) from 2012

Liabilities

Up

$105,599,168

Up $594,874 (+0.6%) from 2012

Revenue

$5,038,684

No earlier filing loaded for comparison.

Expenses

Up

$4,461,626

Up $99,977 (+2.3%) from 2012

Net Income

$577,058

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $102,791,402Liabilities 2010: $93,468,664Net Assets 2010: $9,322,7382010Assets 2011: $105,594,577Liabilities 2011: $95,488,030Net Assets 2011: $10,106,5472011Assets 2012: $116,119,936Liabilities 2012: $105,004,294Net Assets 2012: $11,115,6422012Assets 2013: $117,291,868Liabilities 2013: $105,599,168Net Assets 2013: $11,692,7002013Assets 2014: $122,420,730Liabilities 2014: $110,168,805Net Assets 2014: $12,251,9252014Assets 2015: $128,229,632Liabilities 2015: $115,062,724Net Assets 2015: $13,166,9082015Assets 2016: $141,790,404Liabilities 2016: $127,710,532Net Assets 2016: $14,079,8722016Assets 2017: $153,128,048Liabilities 2017: $137,920,479Net Assets 2017: $15,207,5692017Assets 2018: $169,904,232Liabilities 2018: $153,472,464Net Assets 2018: $16,431,7682018Assets 2019: $169,733,263Liabilities 2019: $151,967,703Net Assets 2019: $17,765,5602019Assets 2020: $205,616,019Liabilities 2020: $187,131,344Net Assets 2020: $18,484,6752020Assets 2021: $223,297,257Liabilities 2021: $203,623,236Net Assets 2021: $19,674,0212021Assets 2022: $254,992,758Liabilities 2022: $234,868,290Net Assets 2022: $20,124,4682022Assets 2023: $274,070,581Liabilities 2023: $252,939,902Net Assets 2023: $21,130,6792023Assets 2024: $266,506,560Liabilities 2024: $243,383,541Net Assets 2024: $23,123,0192024

Highlighted filing

2013

Assets$117,291,868
Liabilities$105,599,168
Net Assets$11,692,700

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2010: $4,640,9292010Expenses 2011: $4,535,3502011Expenses 2012: $4,361,6492012Revenue 2013: $5,038,684Expenses 2013: $4,461,626Net Income 2013: $577,0582013Revenue 2014: $5,036,958Expenses 2014: $4,477,733Net Income 2014: $559,2252014Revenue 2015: $5,449,578Expenses 2015: $4,534,595Net Income 2015: $914,9832015Revenue 2016: $6,085,001Expenses 2016: $5,172,037Net Income 2016: $912,9642016Revenue 2017: $7,155,462Expenses 2017: $5,957,853Net Income 2017: $1,197,6092017Revenue 2018: $8,058,897Expenses 2018: $6,774,259Net Income 2018: $1,284,6382018Revenue 2019: $8,954,959Expenses 2019: $7,527,599Net Income 2019: $1,427,3602019Revenue 2020: $9,246,293Expenses 2020: $8,328,445Net Income 2020: $917,8482020Revenue 2021: $10,243,774Expenses 2021: $8,942,492Net Income 2021: $1,301,2822021Revenue 2022: $10,965,703Expenses 2022: $10,106,697Net Income 2022: $859,0062022Revenue 2023: $14,529,943Expenses 2023: $13,383,817Net Income 2023: $1,146,1262023Revenue 2024: $17,514,479Expenses 2024: $15,405,124Net Income 2024: $2,109,3552024

Highlighted filing

2013

Revenue$5,038,684
Expenses$4,461,626
Net Income$577,058
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v4.0
Gross Receipts
$5,038,684
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$85,167,024$90,366,186▲ $5,199,162
Cash and Non-Interest-Bearing Accounts$26,314,160$22,109,938▼ $4,204,222
Rtn Earn Endowment Incm Other Fnds$11,115,642$11,692,700▲ $577,058
Land, Buildings, and Equipment, Net$3,328,128$3,337,609▲ $9,481
Prepaid Expenses and Deferred Charges$81,266$161,836▲ $80,570
Accounts Receivable$6,027$9,956▲ $3,929
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$116,119,936$117,291,868▲ $1,171,932
Other Assets Total$1,223,331$1,306,343▲ $83,012
Liabilities
Other Liabilities$104,489,847$104,922,350▲ $432,503
Accounts Payable and Accrued Expenses$514,447$676,818▲ $162,371
Total Liabilities$105,004,294$105,599,168▲ $594,874
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,115,642$11,692,700▲ $577,058
Total Liabilities and Net Assets / Fund Balance$116,119,936$117,291,868▲ $1,171,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,457,140$650,829$0
Other Land Buildings$0$0$0
Land$560,085-$0
Equipment$320,384$566,390$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dominic SchmidtPresident/CEOFT$104,265$25,815$130,080
Diana MackVP - OperationsFT$72,313$12,943$85,256

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,690,673
Investment Income
$348,011
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$577,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,377,906
Other Expenses$2,083,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,628,370
Other Employee Benefits---$319,435
Occupancy---$239,533
Fees for Services Other---$220,252
Current Officers, Directors, Trustees, and Key Employees---$215,336
Office Expenses---$191,404
Payroll Taxes---$149,650
Advertising---$147,260
All Other Expenses---$133,486
Information Technology---$107,223
Depreciation Depletion---$107,196
Pension Plan Contributions---$65,115
Conferences and Meetings---$57,624
Other Expenses---$41,130
Insurance---$26,750
Payments to Affiliates---$25,067
Fees for Services Accounting---$16,556
Travel---$10,403
Fees for Services Legal---$3,381
Interest---$308
Total Functional Expenses$0$0$0$4,461,626
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Shares and Deposits$104,922,350
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All members are owners, as we are a credit union.

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

Members elect the governing body at our annual meeting.

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

The governing body reviews the monthly financial statements but does not formally review the 990. The 990 form is reviewed by the President before it is filed.

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

A conflict of interest form is filled out annually by each employee. These are monitored by our Human Resource Director and our President.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed and set by the governing body.

Form 990, Part VI, Section C, Line 19

These documents are available to the public upon request.

Filing and Contact Details

Filer

EIN
39-6049882
Phone
6082698121

Signing Officer

Name
Wendy Swanson
Title
Accounting Supervisor
Phone
6082698121
Signed
2014-05-13

Organization Details

Principal Officer
Dominic Schmidt
Formed
1961
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
54
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Debit and prepaid card expenses, share draft expenses, and consulting expenses.

Raw XML AppendixShowing 400 of 438 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/PensionPlanContributionsGrp/TotalAmt065115
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt081266
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0161836
IRS990/PrincipalOfficerNm0Dominic Schmidt
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3522130
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03742674
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1412940
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2442063
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt392996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03742674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1412940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2442063
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt392996
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0235233
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02081936
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05135511
IRS990/PYRevenuesLessExpensesAmt01009095
IRS990/PYSalariesCompEmpBnftPaidAmt02279713
IRS990/PYTotalExpensesAmt04361649
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05370744
IRS990/ReconcilationRevenueExpnssAmt0577058
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011115642
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011692700
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02457140
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0650829
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03107969
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0320384
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0566390
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0886774
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0560085
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0560085
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0104922350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES AND DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03337609
IRS990ScheduleD/TotalLiabilityAmt0104922350
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All members are owners, as we are a credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect the governing body at our annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing body reviews the monthly financial statements but does not formally review the 990. The 990 form is reviewed by the President before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A conflict of interest form is filled out annually by each employee. These are monitored by our Human Resource Director and our President.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is reviewed and set by the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5These documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Debit and prepaid card expenses, share draft expenses, and consulting expenses.
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 B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0116119936
IRS990/TotalAssetsEOYAmt0117291868
IRS990/TotalAssetsGrp/BOYAmt0116119936
IRS990/TotalAssetsGrp/EOYAmt0117291868
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt054
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04461626
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105004294
IRS990/TotalLiabilitiesEOYAmt0105599168
IRS990/TotalLiabilitiesGrp/BOYAmt0105004294
IRS990/TotalLiabilitiesGrp/EOYAmt0105599168
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011115642
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011692700
IRS990/TotalOtherCompensationAmt038758
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt04690673
IRS990/TotalReportableCompFromOrgAmt0176578
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$267$243$23.1$17.5$15.4$2.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$274$253$21.1$14.5$13.4$1.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$255$235$20.1$11.0$10.1$0.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$223$204$19.7$10.2$8.94$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$206$187$18.5$9.25$8.33$0.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$152$17.8$8.95$7.53$1.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$153$16.4$8.06$6.77$1.28
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$153$138$15.2$7.16$5.96$1.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$142$128$14.1$6.09$5.17$0.91
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$128$115$13.2$5.45$4.53$0.91
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$122$110$12.3$5.04$4.48$0.56
2013Detailed filing. Detailed filing data is available for this year.$117$106$11.7$5.04$4.46$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$105$11.1$4.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$95.5$10.1$4.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$93.5$9.32$4.64