New Credit Union

990 • Fiscal year 2016 • EIN 39-6050513

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 21, 2017

Organization Profile WWW.NEWCU.ORG

301 Jackson StreetOconto Falls, WI 54154

(920) 848-2793

Siviq Scores

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

0.89x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

19.37x

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

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

14%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

$129,572

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

1.8%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

2.9%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets47th percentile

Assets

$84,605,785

Up $1,478,904 (+1.8%) from 2015

Net Assets

$9,661,954

Up $558,384 (+6.1%) from 2015

Liabilities

$74,943,831

Up $920,520 (+1.2%) from 2015

Revenue And Expenses

Liabilities / Revenue54th percentile Net Margin68th percentile

Revenue

$3,868,258

Up $110,203 (+2.9%) from 2015

Expenses

Down

$3,336,116

Down $361,656 (-9.8%) from 2015

Net Income

$532,142

Up $471,859 (+783%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

Highlighted filing

2016

Assets$84,605,785

Liabilities$74,943,831

Net Assets$9,661,954

Open 2016 Filing

Operations Trend

Revenue Growth45th percentile

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

Highlighted filing

2016

Revenue$3,868,258

Expenses$3,336,116

Net Income$532,142

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Mar 21, 2017
Return Version: 2016v3.0
Gross Receipts: $3,879,639

Mission and Program Overview

Mission

We are a non-profit financial cooperative. See Schedule O.

The mission of n.e.w. Credit union is: -provide exceptional service to all members/owners. -offer a variety of personalized, convenient and quality services to assist member/owners in reaching their financial goals. -protect the assets of the member/owners and assure the financial stability of the credit union. -encourage continuing financial education and provide enrichment opportunities for member/owners of all ages. -actively serve the communities in which our member/owners live and work.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Other Notes and Loans Receivable, Net	$57,106,481	$59,080,743	▲ $1,974,262
Savings and Temporary Cash Investments	$10,868,467	$11,721,764	▲ $853,297
Investments Program Related	$11,473,960	$10,246,092	▼ $1,227,868
Rtn Earn Endowment Incm Other Fnds	$9,103,570	$9,661,954	▲ $558,384
Land, Buildings, and Equipment, Net	$1,451,008	$1,368,854	▼ $82,154
Cash and Non-Interest-Bearing Accounts	$1,265,282	$958,599	▼ $306,683
Prepaid Expenses and Deferred Charges	$148,697	$181,565	▲ $32,868
Accounts Receivable	$36,610	$170,644	▲ $134,034
Total Assets	$83,126,881	$84,605,785	▲ $1,478,904
Other Assets Total	$776,376	$877,524	▲ $101,148
Liabilities
Other Liabilities	$73,164,346	$74,384,535	▲ $1,220,189
Accounts Payable and Accrued Expenses	$657,314	$338,101	▼ $319,213
Escrow Account Liability	$201,651	$221,195	▲ $19,544
Total Liabilities	$74,023,311	$74,943,831	▲ $920,520
Net Assets / Fund Balance
Total Net Assets Fund Balance	$9,103,570	$9,661,954	▲ $558,384
Total Liabilities and Net Assets / Fund Balance	$83,126,881	$84,605,785	▲ $1,478,904

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$1,097,936	$964,264	$2,062,200
Equipment	$194,876	$946,824	$1,141,700
Land	$76,042	-	$76,042
Investment Program Related Org	$16,773	-	-

Compensation and Service Providers

Top Officer Pay44th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Lisa Gilligan	CEO	FT	$101,647	$27,925	$129,572

Board Members and Trustees

Name	Title
Leland Nicholas	Chairman
William Kamke	Vice Chair
Ken Harter	Director
Tammie Mccarthy	Secretary
Tammy Steffeck	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $3,600,180
Investment Income: $247,639
Other Revenue: $20,439
Change in Net Assets: $532,142

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$1,709,018
Salaries, Compensation, and Employee Benefits	$1,621,258
Grants and Similar Amounts Paid	$5,840
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	-	-	-	$1,096,853
Office Expenses	-	-	-	$1,067,979
Other Employee Benefits	-	-	-	$266,627
Depreciation Depletion	-	-	-	$156,243
Advertising	-	-	-	$101,956
Current Officers, Directors, Trustees, and Key Employees	-	-	-	$101,647
Payroll Taxes	-	-	-	$99,280
Information Technology	-	-	-	$97,969
Occupancy	-	-	-	$81,351
Pension Plan Contributions	-	-	-	$56,851
Insurance	-	-	-	$30,562
Conferences and Meetings	-	-	-	$17,895
Fees for Services Other	-	-	-	$13,558
Grants to Domestic Orgs	-	-	-	$5,090
Grants to Domestic Individuals	-	-	-	$750
Interest	-	-	-	$145
Other Expenses	-	-	-	$-30,915
Total Functional Expenses	$0	$0	$0	$3,336,116

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Subject to proxy tax: No

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Member Shares & Certificates	$74,605,730
Escrow Accounts to Line 21	$-221,195

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: 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 data to independent tax return preparer who completes the 990. Management reviews the return for accuarcy and then authorizes the preparer to e-file the approved return. The board is notified the 990 was filed.”

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

“Policy is reviewed annually and signed by each member of the board of directors.”

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

“All salareis are reviewed annually by the board of directors using the annual salary survey from the wisconsin credit union league as a guide to industy compensation. Salaries are approved by the board of directors.”

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

“All salareis are reviewed annually by the board of directors using the annual salary survey from the wisconsin credit union league as a guide to industy compensation. Salaries are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request. Financial statements are posted in the credit union lobby, and are included in the annual report provided at annual meeting.”

Filing and Contact Details

Filer

Filer Name: New Credit Union
EIN: 39-6050513
Phone: 9208482793
Address: 301 JACKSON STREET, OCONTO FALLS, WI 54154

Signing Officer

Name: Lisa Gilligan
Title: CEO
Phone: 9208482793
Signed: 2017-03-21

Organization Details

Principal Officer: Lisa Gilligan
Formed: 1962
Legal Domicile: Wi
Voting Board Members: 5
Independent Board Members: 5
Employees: 43
Volunteers: 8

Preparer

Preparer: Peter Rasmussen

Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of n.e.w. Credit union is: -provide exceptional service to all members/owners. -offer a variety of personalized, convenient and quality services to assist member/owners in reaching their financial goals. -protect the assets of the member/owners and assure the financial stability of the credit union. -encourage continuing financial education and provide enrichment opportunities for member/owners of all ages. -actively serve the communities in which our member/owners live and work.”

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 to members.”

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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/PYTotalExpensesAmt	0	3697772
IRS990/PYTotalRevenueAmt	0	3758055
IRS990/ReconcilationRevenueExpnssAmt	0	532142
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	false
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	true
IRS990/RoyaltiesRevenueGrp/ExclusionAmt	0	20439
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	20439
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt	0	9103570
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt	0	9661954
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	10868467
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	11721764
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/AgentTrusteeEtcInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	1097936
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	964264
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	2062200
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	194876
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	946824
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	1141700
IRS990ScheduleD/ExplanationProvidedInd	0	X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd	0	true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	0	8566984
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	1	1038882
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	2	623453
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt	3	16773
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	0	INVESTMENTS MATURITY > 1 YR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	1	AFS INVESTMNTS MATURITY > 1 YR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	2	CAPITAL ACCTS AT CORPORATE CU
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc	3	STOCK - WISCUB & SHARED SVC CTR
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	0	C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	1	F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	2	C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd	3	C
IRS990ScheduleD/LandGrp/BookValueAmt	0	76042
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	76042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	74605730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	-221195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MEMBER SHARES & CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	ESCROW ACCOUNTS TO LINE 21
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS TO MEMBERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1368854
IRS990ScheduleD/TotalBookValueProgramRltdAmt	0	10246092
IRS990ScheduleD/TotalLiabilityAmt	0	74384535
IRS990/ScheduleJRequiredInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	THE MISSION OF N.E.W. CREDIT UNION IS: -PROVIDE EXCEPTIONAL SERVICE TO ALL MEMBERS/OWNERS. -OFFER A VARIETY OF PERSONALIZED, CONVENIENT AND QUALITY SERVICES TO ASSIST MEMBER/OWNERS IN REACHING THEIR FINANCIAL GOALS. -PROTECT THE ASSETS OF THE MEMBER/OWNERS AND ASSURE THE FINANCIAL STABILITY OF THE CREDIT UNION. -ENCOURAGE CONTINUING FINANCIAL EDUCATION AND PROVIDE ENRICHMENT OPPORTUNITIES FOR MEMBER/OWNERS OF ALL AGES. -ACTIVELY SERVE THE COMMUNITIES IN WHICH OUR MEMBER/OWNERS LIVE AND WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	MANAGEMENT PROVIDES DATA TO INDEPENDENT TAX RETURN PREPARER WHO COMPLETES THE 990. MANAGEMENT REVIEWS THE RETURN FOR ACCUARCY AND THEN AUTHORIZES THE PREPARER TO E-FILE THE APPROVED RETURN. THE BOARD IS NOTIFIED THE 990 WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	POLICY IS REVIEWED ANNUALLY AND SIGNED BY EACH MEMBER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	ALL SALAREIS ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS USING THE ANNUAL SALARY SURVEY FROM THE WISCONSIN CREDIT UNION LEAGUE AS A GUIDE TO INDUSTY COMPENSATION. SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	ALL SALAREIS ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS USING THE ANNUAL SALARY SURVEY FROM THE WISCONSIN CREDIT UNION LEAGUE AS A GUIDE TO INDUSTY COMPENSATION. SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY, AND ARE INCLUDED IN THE ANNUAL REPORT PROVIDED AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd	0	false
IRS990/SignificantChangeInd	0	false
IRS990/SignificantNewProgramSrvcInd	0	false
IRS990/SubjectToProxyTaxInd	0	false
IRS990/TaxablePartyNotificationInd	0	false
IRS990/TaxExemptBondsInd	0	false
IRS990/TempOrPermanentEndowmentsInd	0	false
IRS990/TerminateOperationsInd	0	false
IRS990/TotalAssetsBOYAmt	0	83126881
IRS990/TotalAssetsEOYAmt	0	84605785
IRS990/TotalAssetsGrp/BOYAmt	0	83126881
IRS990/TotalAssetsGrp/EOYAmt	0	84605785
IRS990/TotalCompGreaterThan150KInd	0	false
IRS990/TotalEmployeeCnt	0	43
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt	0	0
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt	0	0
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt	0	0
IRS990/TotalFunctionalExpensesGrp/TotalAmt	0	3336116
IRS990/TotalGrossUBIAmt	0	13394
IRS990/TotalLiabilitiesBOYAmt	0	74023311
IRS990/TotalLiabilitiesEOYAmt	0	74943831
IRS990/TotalLiabilitiesGrp/BOYAmt	0	74023311
IRS990/TotalLiabilitiesGrp/EOYAmt	0	74943831
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt	0	9103570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt	0	9661954
IRS990/TotalOtherCompensationAmt	0	27925
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt	0	2116
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt	0	2116
IRS990/TotalProgramServiceRevenueAmt	0	3600180
IRS990/TotalReportableCompFromOrgAmt	0	101647
IRS990/TotalRevenueGrp/ExclusionAmt	0	269959
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	3584905
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt	0	3868258
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt	0	13394
IRS990/TotalVolunteersCnt	0	8
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt	0	83126881
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt	0	84605785
IRS990/TypeOfOrganizationCorpInd	0	X
IRS990/UnrelatedBusIncmOverLimitInd	0	true
IRS990/UponRequestInd	0	X
IRS990/USAddress/AddressLine1Txt	0	301 JACKSON ST
IRS990/USAddress/CityNm	0	OCONTO FALLS
IRS990/USAddress/StateAbbreviationCd	0	WI
IRS990/USAddress/ZIPCd	0	54154
IRS990/VotingMembersGoverningBodyCnt	0	5
IRS990/VotingMembersIndependentCnt	0	5
IRS990/WebsiteAddressTxt	0	WWW.NEWCU.ORG
IRS990/WhistleblowerPolicyInd	0	true
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	LISA GILLIGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9208482793
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	NEW CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt	0	NEWC
ReturnHeader/Filer/EIN	0	396050513
ReturnHeader/Filer/PhoneNum	0	9208482793
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	301 JACKSON STREET
ReturnHeader/Filer/USAddress/CityNm	0	OCONTO FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	WI
ReturnHeader/Filer/USAddress/ZIPCd	0	54154
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	4C5A70F7A5FDA4811252E2883A9E531D3168B42F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	4C5A70F7A5FDA4811252E2883A9E531D3168B42F
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	PETER RASMUSSEN
ReturnHeader/ReturnTs	0	2017-03-23T23:18:36+00:00
ReturnHeader/ReturnTypeCd	0	990
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $84,605,785
Liabilities: $74,943,831
Net assets: $9,661,954
Revenue: $3,868,258
Expenses: $3,336,116
Net income: $532,142

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$151	$135	$16.5	$7.18	$5.68	$1.50
2023Detailed filing. Detailed filing data is available for this year.	$150	$136	$14.6	$5.75	$5.21	$0.54
2022Detailed filing. Detailed filing data is available for this year.	$158	$144	$13.9	$4.94	$4.38	$0.56
2021Detailed filing. Detailed filing data is available for this year.	$155	$141	$14.3	$4.69	$4.32	$0.37
2020Detailed filing. Detailed filing data is available for this year.	$140	$126	$14.0	$5.02	$4.22	$0.81
2019Detailed filing. Detailed filing data is available for this year.	$113	$99.6	$13.2	$5.05	$4.49	$0.56
2018Detailed filing. Detailed filing data is available for this year.	$103	$90.5	$12.6	$4.76	$4.07	$0.69
2017Detailed filing. Detailed filing data is available for this year.	$101	$89.5	$11.9	$4.18	$3.78	$0.39
2016Detailed filing. Detailed filing data is available for this year.	$84.6	$74.9	$9.66	$3.87	$3.34	$0.53
2015Detailed filing. Detailed filing data is available for this year.	$83.1	$74.0	$9.10	$3.76	$3.70	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$76.7	$67.7	$9.06	$3.69	$3.35	$0.34
2013Detailed filing. Detailed filing data is available for this year.	$73.8	$65.1	$8.72	$3.73	$3.28	$0.45
2012Summary only. Only limited summary data is available for this year.	$71.9	$63.6	$8.27	$3.76	$3.45	$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$67.3	$59.4	$7.96		$3.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$60.1	$52.4	$7.67		$3.40