Civic Intelligence

First Alliance Credit Union

990 • Fiscal year 2015 • EIN 41-0429399

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 29, 2016

Organization Profilewww.firstalliancecu.com

View Organization Page

320 Alliance Place NERochester, MN 55906

(507) 288-0330

Siviq Scores

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

Liabilities / Assets

46th percentile

0.89x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

17.48x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Net Margin

43rd percentile

9.4%

Higher net margin than 43% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

59th percentile

$215,351

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Asset Growth

82nd percentile

9.4%

Faster asset growth than 82% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

7.6%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$156,193,065

Up $13,356,418 (+9.4%) from 2014

Net Assets

Up

$16,793,021

Up $735,595 (+4.6%) from 2014

Liabilities

Up

$139,400,044

Up $12,620,823 (+10.0%) from 2014

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin43rd percentile

Revenue

Up

$7,976,980

Up $560,918 (+7.6%) from 2014

Expenses

Up

$7,227,796

Up $375,575 (+5.5%) from 2014

Net Income

Up

$749,184

Up $185,343 (+33%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$300M$200M$100M$0Assets 2010: $111,977,880Liabilities 2010: $99,769,998Net Assets 2010: $12,207,8822010Assets 2011: $118,549,061Liabilities 2011: $105,495,277Net Assets 2011: $13,053,7842011Assets 2012: $130,941,667Liabilities 2012: $116,411,906Net Assets 2012: $14,529,7612012Assets 2013: $137,672,698Liabilities 2013: $122,290,172Net Assets 2013: $15,382,5262013Assets 2014: $142,836,647Liabilities 2014: $126,779,221Net Assets 2014: $16,057,4262014Assets 2015: $156,193,065Liabilities 2015: $139,400,044Net Assets 2015: $16,793,0212015Assets 2016: $162,788,861Liabilities 2016: $144,933,197Net Assets 2016: $17,855,6642016Assets 2017: $174,356,672Liabilities 2017: $155,087,930Net Assets 2017: $19,268,7422017Assets 2018: $193,018,357Liabilities 2018: $172,668,635Net Assets 2018: $20,349,7222018Assets 2019: $207,900,558Liabilities 2019: $186,234,007Net Assets 2019: $21,666,5512019Assets 2020: $236,689,714Liabilities 2020: $213,431,118Net Assets 2020: $23,258,5962020Assets 2021: $266,858,268Liabilities 2021: $241,619,717Net Assets 2021: $25,238,5512021Assets 2022: $288,094,542Liabilities 2022: $262,855,469Net Assets 2022: $25,239,0732022Assets 2023: $282,573,969Liabilities 2023: $255,468,805Net Assets 2023: $27,105,1642023Assets 2024: $270,318,423Liabilities 2024: $242,048,609Net Assets 2024: $28,269,8142024

Highlighted filing

2015

Assets$156,193,065
Liabilities$139,400,044
Net Assets$16,793,021
Open 2015 Filing

Operations Trend

Revenue Growth68th percentile

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

$30M$20M$10M$0Expenses 2010: $6,042,1272010Expenses 2011: $5,978,1692011Expenses 2012: $6,572,4612012Revenue 2013: $7,834,415Expenses 2013: $6,799,689Net Income 2013: $1,034,7262013Revenue 2014: $7,416,062Expenses 2014: $6,852,221Net Income 2014: $563,8412014Revenue 2015: $7,976,980Expenses 2015: $7,227,796Net Income 2015: $749,1842015Revenue 2016: $9,087,540Expenses 2016: $7,860,937Net Income 2016: $1,226,6032016Revenue 2017: $10,162,151Expenses 2017: $8,801,023Net Income 2017: $1,361,1282017Revenue 2018: $12,004,687Expenses 2018: $10,617,101Net Income 2018: $1,387,5862018Revenue 2019: $13,843,982Expenses 2019: $12,981,803Net Income 2019: $862,1792019Revenue 2020: $15,004,634Expenses 2020: $13,640,477Net Income 2020: $1,364,1572020Revenue 2021: $15,921,045Expenses 2021: $14,272,865Net Income 2021: $1,648,1802021Revenue 2022: $16,521,407Expenses 2022: $14,787,855Net Income 2022: $1,733,5522022Revenue 2023: $20,652,686Expenses 2023: $18,126,917Net Income 2023: $2,525,7692023Revenue 2024: $21,320,406Expenses 2024: $19,147,066Net Income 2024: $2,173,3402024

Highlighted filing

2015

Revenue$7,976,980
Expenses$7,227,796
Net Income$749,184
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 29, 2016
Return Version
2015v2.1
Gross Receipts
$8,405,260
Mission and Program Overview

Mission

First Alliance Credit Union is a member owned and controlled financial institution providing personalized, competitive deposit and loan services that promote the economic well-being of our present and future members. All income is used to pay operating expenses or returned to members in the form of dividends or services.

First Alliance Credit Union is a member owned and controlled financial institution providing personalized, competitive deposit and loan services that promote the economic well-being of our present and future members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$93,361,684$103,195,811▲ $9,834,127
Savings and Temporary Cash Investments$28,870,292$30,766,076▲ $1,895,784
Rtn Earn Endowment Incm Other Fnds$16,057,426$16,793,021▲ $735,595
Investments in Publicly Traded Securities$12,194,202$11,920,042▼ $274,160
Land, Buildings, and Equipment, Net$4,957,552$4,682,377▼ $275,175
Cash and Non-Interest-Bearing Accounts$1,390,068$1,243,428▼ $146,640
Prepaid Expenses and Deferred Charges$174,000$153,140▼ $20,860
Accounts Receivable$39,813$52,682▲ $12,869
Receivables From Officers Etc$22,594$37,882▲ $15,288
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$142,836,647$156,193,065▲ $13,356,418
Other Assets Total$1,826,442$4,141,627▲ $2,315,185
Liabilities
Other Liabilities$125,991,466$138,152,224▲ $12,160,758
Accounts Payable and Accrued Expenses$787,755$1,247,820▲ $460,065
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$126,779,221$139,400,044▲ $12,620,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,057,426$16,793,021▲ $735,595
Total Liabilities and Net Assets / Fund Balance$142,836,647$156,193,065▲ $13,356,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,223,629$1,745,147$3,968,776
Land$1,797,734-$1,797,734
Equipment$571,123$940,171$1,511,294
Other Land Buildings$68,387$557,819$626,206
Leasehold Improvements$21,504$34,549$56,053
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly McDonoughPresident/CEOFT$169,770$45,581$215,351
Valerie MathiasSVP Finance/CFOFT$120,241$22,426$142,667
Mark HettingerSVP OperationsFT$121,292$12,369$133,661
David SchoutenVP ItFT$94,611$19,547$114,158

Board Members and Trustees

NameTitle
Bobbi OlsonDirector
Brian SmidtDirector
Chris NelsonDirector
Cole BaesslerDirector
Greg EichtenDirector
Harold WobschallDirector
Jenny HeglandDirector
Russell HessDirector
Theresa HornbergDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservCore Data Processor255 Fiserv Dr, Brookfield, WI 53045$761,827
-Property Tax Collector151 4th St SE, Rochester, MN 55904-3716$160,140
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,459,058
Investment Income
$517,922
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$749,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,355,229
Salaries, Compensation, and Employee Benefits$2,898,690
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,733,873
Benefits to Members---$973,877
Current Officers, Directors, Trustees, and Key Employees---$605,837
Information Technology---$522,591
Other Expenses---$455,774
Depreciation Depletion---$415,062
Occupancy---$338,849
Other Employee Benefits---$331,822
Office Expenses---$316,236
Fees for Services Other---$256,949
Advertising---$254,741
Payroll Taxes---$160,504
All Other Expenses---$124,513
Conferences and Meetings---$93,007
Pension Plan Contributions---$66,654
Travel---$65,235
Insurance---$49,215
Payments to Affiliates---$47,233
Fees for Services Accounting---$42,543
Fees for Services Legal---$21,114
Fees for Service Investment Mgmnt Fees---$11,626
Fees for Services Management---$1,250
Interest---$208
Total Functional Expenses$0$0$0$7,227,796
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
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$22,594$37,882▲ $15,288
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$138,152,224
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section A, Line 6

“First Alliance Credit Union is a member owned cooperative.”

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

“The governing body, consisting of seven directors, are elected by the membership base.”

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

“Any interim appointment of directors must be ratified by the membership at the next annual meeting. Any amendment to the by-laws must be ratified by the membership at the next annual meeting.”

Form 990, Part VI, Section A, Line 9

“Greg Eichten 4418 4th St NW, Rochester, MN 55901; Harold Wobschall 617 Folwell Ln SW, Rochester, MN 55902; Chris Nelson 660 Shardlow Pl NE, Byron, MN 55920; Bobbi Olson 329 10th St NW, Byron, MN 55920; Russell Hess 440 5th St SW, Plainview, MN 55964; Cole Baessler 3601 Park Center Blvd #604, Minneapolis, MN 55416; Theresa Hornberg 402 2nd St NW, Stewartville, MN 55976; Brian Smidt 617 23rd St NE, Rochester, MN 55906; Jenny Hegland PMB 4433 PO Box 10002, Saipan, MP 96950”

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

“The SR VP of Finance/CFO prepares Form 990 annually and it is reviewed by the President/CEO for accuracy and completeness prior to transmission.”

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

“All employee policies, including the Conflict of Interest Policy, are reviewed with staff and volunteers annually.”

Form 990, Part VI, Section B, Line 15

“The Personnel Committee reviews and approves officer compensation annually. Increases are based, in part, on industry comparability data.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and Conflict of Interest Policy available to the public upon demand. Summary financial statements are posted in each branch lobby monthly and in an annual report to the membership.”

Filing and Contact Details

Filer

Filer Name
First Alliance Credit Union
EIN
41-0429399
Phone
5072880330
Address
320 Alliance Place NE, Rochester, MN 55906

Signing Officer

Name
Valerie Mathias
Title
VP of Finance/CFO
Phone
5072817609
Signed
2016-03-29

Organization Details

Principal Officer
Kelly McDonough
Formed
1932
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
63
Volunteers
10
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The Credit Union is generally exempt, by statute, from federal income taxes and state corporate business tax. However, the Credit Union is subject to federal tax on net unrelated business income. The Credit Union does assess the potential outcome of uncertain tax positions, if any, and would accrue for any uncertain tax benefits, if applicable.”

Raw XML AppendixShowing 400 of 623 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1294611
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP Finance/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP IT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-9680
IRS990/GainOrLossGrp/SecuritiesAmt0-3016
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0115134
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0300450
IRS990/GrossReceiptsAmt08405260
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupExemptionNum06060
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt015500
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt015500
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0522591
IRS990/InsuranceGrp/TotalAmt049215
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0208
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0515118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0515118
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012194202
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011920042
IRS990/IRPDocumentCnt03926
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03277686
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04957552
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04682377
IRS990/LandBldgEquipCostOrOtherBssAmt07960063
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0124814
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0303466
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0First Alliance Credit Union is a member owned and controlled financial institution providing personalized, competitive deposit and loan services that promote the economic well-being of our present and future members. All income is used to pay operating expenses or returned to members in the form of dividends or services.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt016057426
IRS990/NetAssetsOrFundBalancesEOYAmt016793021
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-12696
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12696
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-13589
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0338849
IRS990/OfficeExpensesGrp/TotalAmt0316236
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01826442
IRS990/OtherAssetsTotalGrp/EOYAmt04141627
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0331822
IRS990/OtherExpensesGrp/Desc0Credit Card Expense
IRS990/OtherExpensesGrp/Desc1Provision for Loan Loss
IRS990/OtherExpensesGrp/Desc2Lending Expense
IRS990/OtherExpensesGrp/TotalAmt0193083
IRS990/OtherExpensesGrp/TotalAmt1146000
IRS990/OtherExpensesGrp/TotalAmt2455774
IRS990/OtherLiabilitiesGrp/BOYAmt0125991466
IRS990/OtherLiabilitiesGrp/EOYAmt0138152224
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01733873
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt093361684
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0103195811
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt047233
IRS990/PayrollTaxesGrp/TotalAmt0160504
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt066654
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0174000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0153140
IRS990/PrincipalOfficerNm0Kelly McDonough
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1522210
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Credit Card Income
IRS990/ProgramServiceRevenueGrp/Desc2Loan Income & Fees
IRS990/ProgramServiceRevenueGrp/Desc3Member Service Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04563236
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1229107
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2586331
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32077984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04563236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1229107
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2586331
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32080384
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt32400
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide free checking and cash handling services to members.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01445559
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01595396
IRS990/ProgSrvcAccomActy3Grp/Desc0Provide residential mortgage, home improvement, commercial, and other misc. loans to members.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02168339
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02393094
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0916731
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0496336
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03162098
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06919726
IRS990/PYRevenuesLessExpensesAmt0563841

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$156,193,065
Liabilities
$139,400,044
Net assets
$16,793,021
Revenue
$7,976,980
Expenses
$7,227,796
Net income
$749,184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$270$242$28.3$21.3$19.1$2.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$283$255$27.1$20.7$18.1$2.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$288$263$25.2$16.5$14.8$1.73
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$267$242$25.2$15.9$14.3$1.65
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$237$213$23.3$15.0$13.6$1.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$208$186$21.7$13.8$13.0$0.86
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$173$20.3$12.0$10.6$1.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$174$155$19.3$10.2$8.80$1.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$163$145$17.9$9.09$7.86$1.23
2015Detailed filing. Detailed filing data is available for this year.$156$139$16.8$7.98$7.23$0.75
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$143$127$16.1$7.42$6.85$0.56
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$138$122$15.4$7.83$6.80$1.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$131$116$14.5$6.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$119$105$13.1$5.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$99.8$12.2$6.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)14 • $100M-$250M nonprofits