Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.91x
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 7.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Balance Sheet
Assets
Down$18,725,287
Down $1,738,283 (-8.5%) from 2012
Net Assets
Up$1,685,710
Up $19,578 (+1.2%) from 2012
Liabilities
Down$17,039,577
Down $1,757,861 (-9.4%) from 2012
Revenue And Expenses
Revenue
$1,228,137
No earlier filing loaded for comparison.
Expenses
Down$1,208,559
Down $38,136 (-3.1%) from 2012
Net Income
$19,578
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Jun 3, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $1,228,137
Mission and Program Overview
Mission
Avestar credit union is committed to providing its members sound and dependable financial service. Our members will receive fair and competitive rates, while we maintain the financial stability of the credit union.
Avestar credit union is committed to providing its members sound and dependable financial service. Our members will receive a fair and competitive return on their investments, while we maintain the financial stability of the credit union.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $15,255,050 | $15,356,448 | ▲ $101,398 |
| Savings and Temporary Cash Investments | $4,214,021 | $1,997,865 | ▼ $2,216,156 |
| Rtn Earn Endowment Incm Other Fnds | $1,666,132 | $1,685,710 | ▲ $19,578 |
| Cash and Non-Interest-Bearing Accounts | $308,683 | $502,934 | ▲ $194,251 |
| Investments Program Related | $136,663 | $356,661 | ▲ $219,998 |
| Land, Buildings, and Equipment, Net | $332,839 | $268,513 | ▼ $64,326 |
| Prepaid Expenses and Deferred Charges | $28,256 | $36,684 | ▲ $8,428 |
| Total Assets | $20,463,570 | $18,725,287 | ▼ $1,738,283 |
| Other Assets Total | $188,058 | $206,182 | ▲ $18,124 |
| Liabilities | |||
| Other Liabilities | $18,760,671 | $17,005,023 | ▼ $1,755,648 |
| Accounts Payable and Accrued Expenses | $25,425 | $27,670 | ▲ $2,245 |
| Escrow Account Liability | $11,342 | $6,884 | ▼ $4,458 |
| Total Liabilities | $18,797,438 | $17,039,577 | ▼ $1,757,861 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,666,132 | $1,685,710 | ▲ $19,578 |
| Total Liabilities and Net Assets / Fund Balance | $20,463,570 | $18,725,287 | ▼ $1,738,283 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $202,045 | $459,949 | $661,994 |
| Equipment | $52,668 | $451,823 | $504,491 |
| Land | $13,800 | - | $13,800 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kay Radloff | President | FT | $62,961 | $22,701 | $85,662 |
| Beth Haseleu | Vice Preside | FT | $55,404 | $2,003 | $57,407 |
Board Members and Trustees
| Name | Title |
|---|---|
| Maryls Schmidt | Chairperson |
| Cole Mason | Vice Chair |
| Richard Jones | Director |
| Wayne Baumann | Director |
| Kaye Griepentrog | Secretary |
| Joseph Abell | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,206,393
- Investment Income
- $5,257
- Other Revenue
- $16,487
- Change in Net Assets
- $19,578
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $771,745 |
| Salaries, Compensation, and Employee Benefits | $436,814 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $251,533 |
| Office Expenses | - | - | - | $222,357 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $118,365 |
| Depreciation Depletion | - | - | - | $87,219 |
| Information Technology | - | - | - | $86,399 |
| Occupancy | - | - | - | $59,934 |
| Other Employee Benefits | - | - | - | $31,351 |
| Payroll Taxes | - | - | - | $27,884 |
| Insurance | - | - | - | $23,869 |
| Advertising | - | - | - | $19,382 |
| Fees for Services Other | - | - | - | $12,916 |
| Other Expenses | - | - | - | $12,781 |
| Conferences and Meetings | - | - | - | $7,932 |
| Pension Plan Contributions | - | - | - | $7,681 |
| Travel | - | - | - | $3,931 |
| Total Functional Expenses | $0 | $0 | $0 | $1,208,559 |
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 & Deposits | $17,011,907 |
| Escrow Accounts to Line 21 | - |
| Draw Against Line of Credit | $-6,884 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- No
- 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, you 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 the bylaws. Each member has one vote.”
Form 990, Page 6, Part VI, Line 11B
“Management provides necessary data to independent cpa who prepares the return. Management reviews the return for corredtness, and then authorizes cpa to e-file the approved return. Management reviews the return with the board at their next meeting.”
Form 990, Page 6, Part VI, Line 12C
“The board signs a conflict of interest agreement each year.”
Form 990, Page 6, Part VI, Line 15A
“The board does a formal evaluation of the president' performance and compares the salary to the wi credit union league salary survey. The board then determines and approves the president's salary.”
Form 990, Page 6, Part VI, Line 15B
“The president reviews and determines employee salaries. This inforamtion is made available to the board of directors.”
Form 990, Page 6, Part VI, Line 19
“The financials are provided at the annual meeting and upon request. Other documents would be provided to members by request.”
Filing and Contact Details
Filer
- EIN
- 39-6069815
- Phone
- 9204782151
Signing Officer
- Name
- Kay Radloff
- Title
- President
- Phone
- 9204782151
- Signed
- 2014-06-03
Organization Details
- Principal Officer
- Kay Radloff
- Formed
- 1964
- Legal Domicile
- Wi
- Voting Board Members
- 7
- Independent Board Members
- 6
- Employees
- 19
- Volunteers
- 6
Preparer
- Preparer
- Brent Wookey CPA
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Avestar credit union is committed to providing its members sound and dependable financial service. Our members will receive a fair and competitive return on their investments, while we maintain the financial stability of the credit union.”
Form 990, Page 5, Part V, Line 3B
“The credit union will file a 990-t by its extended due date of november 15th.”
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.”
Raw XML Appendix355 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/ActivityOrMissionDesc | 0 | AVESTAR CREDIT UNION IS COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE. OUR MEMBERS WILL RECEIVE A FAIR AND COMPETITIVE RETURN ON THEIR INVESTMENTS, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION. |
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| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 6884 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 45.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 22701 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 2003 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RICHARD JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOSEPH ABELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WAYNE BAUMANN |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARYLS SCHMIDT |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHAIRPERSON |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1964 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FundraisingActivitiesInd | 0 | false |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
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| IRS990/GrossRentsGrp/RealAmt | 0 | 11980 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 23869 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5257 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5257 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 136663 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 356661 |
| IRS990/IRPDocumentCnt | 0 | 600 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 911772 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 332839 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 268513 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1180285 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | AVESTAR CREDIT UNION IS COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE. OUR MEMBERS WILL RECEIVE A FAIR AND COMPETITIVE RETURN ON THEIR INVESTMENTS, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1666132 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1685710 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 11980 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 11980 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 59934 |
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| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 206182 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 31351 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 1 | DIVIDENDS ON MBR SHARES |
| IRS990/OtherExpensesGrp/Desc | 2 | NCUSIF ASSESSMENTS |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 80025 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 17005023 |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 519100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ACCOUNT FEES AND CHARGES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER MEMBER REALTED REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | TRIVIN RENEWALS & TITLES |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | NON MEMBER ATM FEES |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 189894 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 88413 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 923729 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 189894 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 88413 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 4008 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 349 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 4008 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 349 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 527 NEW LOANS DURING 2013. AS OF 12/31/13 WE HAD 1,464 LOANS TO OUR MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | . |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 14962 |
| IRS990/PYOtherExpensesAmt | 0 | 812709 |
| IRS990/PYOtherRevenueAmt | 0 | 18521 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1284742 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 71530 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 433986 |
| IRS990/PYTotalExpensesAmt | 0 | 1246695 |
| IRS990/PYTotalRevenueAmt | 0 | 1318225 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 19578 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 11980 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 4507 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 4507 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1666132 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1685710 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 4214021 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1997865 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 202045 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 459949 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 661994 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 52668 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 451823 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 504491 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | true |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 13800 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 13800 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 17011907 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | -6884 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES & DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DRAW AGAINST LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART IV, LINE 2B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 268513 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 17005023 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AVESTAR CREDIT UNION IS COMMITTED TO PROVIDING ITS MEMBERS SOUND AND DEPENDABLE FINANCIAL SERVICE. OUR MEMBERS WILL RECEIVE A FAIR AND COMPETITIVE RETURN ON THEIR INVESTMENTS, WHILE WE MAINTAIN THE FINANCIAL STABILITY OF THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CREDIT UNION WILL FILE A 990-T BY ITS EXTENDED DUE DATE OF NOVEMBER 15TH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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 THE BYLAWS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR CORREDTNESS, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE BOARD AT THEIR NEXT MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD SIGNS A CONFLICT OF INTEREST AGREEMENT EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE BOARD DOES A FORMAL EVALUATION OF THE PRESIDENT' PERFORMANCE AND COMPARES THE SALARY TO THE WI CREDIT UNION LEAGUE SALARY SURVEY. THE BOARD THEN DETERMINES AND APPROVES THE PRESIDENT'S SALARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE PRESIDENT REVIEWS AND DETERMINES EMPLOYEE SALARIES. THIS INFORAMTION IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THE FINANCIALS ARE PROVIDED AT THE ANNUAL MEETING AND UPON REQUEST. OTHER DOCUMENTS WOULD BE PROVIDED TO MEMBERS BY REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 5, PART V, LINE 3B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | 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 | 20463570 |
| IRS990/TotalAssetsEOYAmt | 0 | 18725287 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 20463570 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 18725287 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 19 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1208559 |
| IRS990/TotalGrossUBIAmt | 0 | 4357 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 18797438 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 17039577 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 18797438 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 17039577 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1666132 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1685710 |
| IRS990/TotalOtherCompensationAmt | 0 | 24704 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1206393 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 118365 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 21744 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1202036 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1228137 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 4357 |
| IRS990/TotalVolunteersCnt | 0 | 6 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 20463570 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 18725287 |
| IRS990/TravelGrp/TotalAmt | 0 | 3931 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 125 W MADISON ST |
| IRS990/USAddress/City | 0 | WATERLOO |
| IRS990/USAddress/State | 0 | WI |
| IRS990/USAddress/ZIPCode | 0 | 53594 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.AVESTARCU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KAY RADLOFF |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9204782151 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-06-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | AVESTAR CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AVES |
| ReturnHeader/Filer/EIN | 0 | 396069815 |
| ReturnHeader/Filer/PhoneNum | 0 | 9204782151 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 125 W MADISON ST |
| ReturnHeader/Filer/USAddress/City | 0 | WATERLOO |
| ReturnHeader/Filer/USAddress/State | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 53594 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-06-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRENT WOOKEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-06-11T18:25:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $18,725,287
- Liabilities
- $17,039,577
- Net assets
- $1,685,710
- Revenue
- $1,228,137
- Expenses
- $1,208,559
- Net income
- $19,578