Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.92x
Liabilities / Revenue
41st percentile
Higher debt load relative to revenue than 41% of similar nonprofits.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
21st percentile
Higher top officer pay than 21% of similar nonprofits.
Top officer pay equals 5.4% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$26,487,843
Down $218,345 (-0.8%) from 2012
Net Assets
Up$2,178,778
Up $73,871 (+3.5%) from 2012
Liabilities
Down$24,309,065
Down $292,216 (-1.2%) from 2012
Revenue And Expenses
Revenue
$1,337,731
No earlier filing loaded for comparison.
Expenses
Down$1,263,860
Down $10,876 (-0.9%) from 2012
Net Income
$73,871
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Aug 5, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $1,337,731
Mission and Program Overview
Mission
Neighborly, comfortable, fun and righthearted service. Offers humble guidance to members.
Neighborly, comfortable, fun and righthearted. Offers humble guidance to members.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $15,355,412 | $16,859,556 | ▲ $1,504,144 |
| Investments Program Related | $7,221,572 | $5,216,296 | ▼ $2,005,276 |
| Savings and Temporary Cash Investments | $2,606,044 | $3,021,996 | ▲ $415,952 |
| Rtn Earn Endowment Incm Other Fnds | $2,104,907 | $2,178,778 | ▲ $73,871 |
| Land, Buildings, and Equipment, Net | $818,011 | $801,690 | ▼ $16,321 |
| Accounts Receivable | $152,500 | - | - |
| Cash and Non-Interest-Bearing Accounts | $125,496 | $125,608 | ▲ $112 |
| Prepaid Expenses and Deferred Charges | $46,386 | $44,299 | ▼ $2,087 |
| Total Assets | $26,706,188 | $26,487,843 | ▼ $218,345 |
| Other Assets Total | $380,767 | $418,398 | ▲ $37,631 |
| Liabilities | |||
| Other Liabilities | $24,433,908 | $24,133,766 | ▼ $300,142 |
| Accounts Payable and Accrued Expenses | $167,373 | $175,299 | ▲ $7,926 |
| Total Liabilities | $24,601,281 | $24,309,065 | ▼ $292,216 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,104,907 | $2,178,778 | ▲ $73,871 |
| Total Liabilities and Net Assets / Fund Balance | $26,706,188 | $26,487,843 | ▼ $218,345 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $524,865 | $305,983 | $830,848 |
| Equipment | $96,825 | $521,376 | $618,201 |
| Land | $180,000 | - | $180,000 |
| Investment Program Related Org | $200,296 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mike Enright | President | FT | $63,517 | $8,272 | $71,789 |
| Kristine Heuer | VP Accountin | FT | $52,161 | $13,893 | $66,054 |
| Steven Rode | VP Lending | FT | $56,198 | $4,010 | $60,208 |
| James Walker | Secretary | - | $350 | - | $350 |
| Danile Pederson | Chair | - | $325 | - | $325 |
| Gerald Morri | Vice Chair | - | $300 | - | $300 |
| Roger Debace | Director | - | $288 | - | $288 |
| Thomas Brockway | Director | - | $163 | - | $163 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,147,899
- Investment Income
- $162,382
- Other Revenue
- $27,450
- Change in Net Assets
- $73,871
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $784,842 |
| Salaries, Compensation, and Employee Benefits | $479,018 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | - | - | - | $337,113 |
| Other Salaries and Wages | - | - | - | $217,498 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $173,302 |
| Occupancy | - | - | - | $137,519 |
| Depreciation Depletion | - | - | - | $60,328 |
| Advertising | - | - | - | $42,957 |
| Pension Plan Contributions | - | - | - | $30,000 |
| Other Employee Benefits | - | - | - | $29,474 |
| Payroll Taxes | - | - | - | $28,744 |
| Insurance | - | - | - | $26,839 |
| Fees for Services Other | - | - | - | $19,850 |
| Other Expenses | - | - | - | $19,364 |
| Information Technology | - | - | - | $10,720 |
| Travel | - | - | - | $9,121 |
| Fees for Services Accounting | - | - | - | $7,848 |
| Fees for Services Legal | - | - | - | $1,175 |
| Interest | - | - | - | $44 |
| Total Functional Expenses | $0 | $0 | $0 | $1,263,860 |
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 and Certificates | $24,133,766 |
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, 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 our bylaws. Each member has one vote.”
Form 990, Page 6, Part VI, Line 11B
“Vice president accounting provides the information to independent cpa who prepares the return. Vp accounting reviews the return for possible errors, and then authorizes cpa to e-file the approved return. Vp accounting notifies supervisory committe it has been filed and is available for their reivew. The board is also notified at their next meeting.”
Form 990, Page 6, Part VI, Line 12C
“At the first board meeting after the annual meeting each year, the board members are asked to disclose any known conflicts of interest. Any conflicts are noted in the board minutes.”
Form 990, Page 6, Part VI, Line 15A
“The salary and benefits committee determine the president's salary using comparative salary information. The committee includes the chair, vice chair, and secreatary of the board of directors. The president determiens the salary of all other employess, and this is included in the annual budget approved by the board of directors.”
Form 990, Page 6, Part VI, Line 15B
“The salary and benefits committee determine the president's salary using comparative salary information. The committee includes the chair, vice chair, and secreatary of the board of directors. The president determiens the salary of all other employess, and this is included in the annual budget approved by the board of directors.”
Form 990, Page 6, Part VI, Line 19
“Financial statements are posted in the lobby and other documents are available upon written request.”
Filing and Contact Details
Filer
- EIN
- 41-0519535
- Phone
- 6514263773
Signing Officer
- Name
- Kristine Heuer
- Title
- VP Accounting
- Phone
- 6514263773
- Signed
- 2014-08-05
Organization Details
- Principal Officer
- Mike Enright
- Formed
- 1936
- Legal Domicile
- Mn
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 10
Preparer
- Preparer
- Brent Wookey CPA
Supplemental Narrative
Additional Explanations
Form 990, Page 5, Part V, Line 3B
“The credit union will file the 990-t by its extended due date of november 15th.”
Raw XML Appendix346 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.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 167373 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 175299 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 152500 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | NEIGHBORLY, COMFORTABLE, FUN AND RIGHTHEARTED. OFFERS HUMBLE GUIDANCE TO MEMBERS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 42957 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KRISTINE HEUER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6514263773 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 3625 TALMAGE CIRCLE SUITE 102 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | VADNAIS HEIGHTS |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 55110 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 125496 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 125608 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 173302 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 162382 |
| IRS990/CYOtherExpensesAmt | 0 | 784842 |
| IRS990/CYOtherRevenueAmt | 0 | 27450 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1147899 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 73871 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 479018 |
| IRS990/CYTotalExpensesAmt | 0 | 1263860 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1337731 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 60328 |
| IRS990/Desc | 0 | THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE TO OUR MEMBERS. WE OPENED 200 NEW DEPOSIT ACCOUNTS IN 2013. AS OF 12/31/13 WE HAD 3,100 MEMBERS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7848 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1175 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 19850 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 8272 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 4010 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 13893 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMES WALKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DANILE PEDERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GERALD MORRI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ROGER DEBACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | THOMAS BROCKWAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MIKE ENRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | STEVEN RODE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KRISTINE HEUER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 325 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 288 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 163 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 63517 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 56198 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 52161 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VP LENDING |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VP ACCOUNTIN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1936 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1337731 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 26122 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 10720 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 26839 |
| IRS990/InterestGrp/TotalAmt | 0 | 44 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 162382 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 162382 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 7221572 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 5216296 |
| IRS990/IRPDocumentCnt | 0 | 506 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 827359 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 818011 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 801690 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1629049 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| 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 | NEIGHBORLY, COMFORTABLE, FUN AND RIGHTHEARTED. OFFERS HUMBLE GUIDANCE TO MEMBERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2104907 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2178778 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 26122 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 26122 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -170 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 137519 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 337113 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 380767 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 418398 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29474 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIVIDENDS MEMBER ACCOUNTS |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 2 | NCUSIF STABILZTN ASSESSMT |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 61964 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 50000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19364 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 24433908 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 24133766 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 217498 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 15355412 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 16859556 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 28744 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 30000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 46386 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 44299 |
| IRS990/PrincipalOfficerNm | 0 | MIKE ENRIGHT |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ACCOUNT FEES AND CHARGES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | NON MBR LOAN INTEREST & FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 880967 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 216212 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 49281 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 880967 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 216212 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 49281 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 1439 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 1439 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 683 NEW LOANS DURING 2013. AS OF 12/31/13 WE HAD 2,820 LOANS TO MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | . |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 155903 |
| IRS990/PYOtherExpensesAmt | 0 | 811471 |
| IRS990/PYOtherRevenueAmt | 0 | 25875 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1147887 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 54929 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 463265 |
| IRS990/PYTotalExpensesAmt | 0 | 1274736 |
| IRS990/PYTotalRevenueAmt | 0 | 1329665 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 73871 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 26122 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 1328 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 1328 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2104907 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 2178778 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2606044 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 3021996 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 524865 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 305983 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 830848 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 96825 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 521376 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 618201 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 5016000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 200296 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENTS > 1 YEAR MATURITY |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | CORP CU MEMBERSHIP & PAID IN CAPTIAL |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 180000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 180000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 24133766 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES AND CERTIFICATES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 801690 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 5216296 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 24133766 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION WILL FILE THE 990-T BY ITS EXTENDED DUE DATE OF NOVEMBER 15TH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU 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 | VICE PRESIDENT ACCOUNTING PROVIDES THE INFORMATION TO INDEPENDENT CPA WHO PREPARES THE RETURN. VP ACCOUNTING REVIEWS THE RETURN FOR POSSIBLE ERRORS, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. VP ACCOUNTING NOTIFIES SUPERVISORY COMMITTE IT HAS BEEN FILED AND IS AVAILABLE FOR THEIR REIVEW. THE BOARD IS ALSO NOTIFIED AT THEIR NEXT MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AT THE FIRST BOARD MEETING AFTER THE ANNUAL MEETING EACH YEAR, THE BOARD MEMBERS ARE ASKED TO DISCLOSE ANY KNOWN CONFLICTS OF INTEREST. ANY CONFLICTS ARE NOTED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE SALARY AND BENEFITS COMMITTEE DETERMINE THE PRESIDENT'S SALARY USING COMPARATIVE SALARY INFORMATION. THE COMMITTEE INCLUDES THE CHAIR, VICE CHAIR, AND SECREATARY OF THE BOARD OF DIRECTORS. THE PRESIDENT DETERMIENS THE SALARY OF ALL OTHER EMPLOYESS, AND THIS IS INCLUDED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE SALARY AND BENEFITS COMMITTEE DETERMINE THE PRESIDENT'S SALARY USING COMPARATIVE SALARY INFORMATION. THE COMMITTEE INCLUDES THE CHAIR, VICE CHAIR, AND SECREATARY OF THE BOARD OF DIRECTORS. THE PRESIDENT DETERMIENS THE SALARY OF ALL OTHER EMPLOYESS, AND THIS IS INCLUDED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 5, PART V, LINE 3B |
| 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 | 26706188 |
| IRS990/TotalAssetsEOYAmt | 0 | 26487843 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 26706188 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 26487843 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1263860 |
| IRS990/TotalGrossUBIAmt | 0 | 1439 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 24601281 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 24309065 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 24601281 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 24309065 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2104907 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2178778 |
| IRS990/TotalOtherCompensationAmt | 0 | 26175 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1147899 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 173302 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 189832 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1146460 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1337731 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 1439 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 26706188 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 26487843 |
| IRS990/TravelGrp/TotalAmt | 0 | 9121 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 3625 TALMAGE CIRCLE |
| IRS990/USAddress/City | 0 | VADNAIS HEIGHTS |
| IRS990/USAddress/State | 0 | MN |
| IRS990/USAddress/ZIPCode | 0 | 55110 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.CITIESCU.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KRISTINE HEUER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VP ACCOUNTING |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6514263773 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-08-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | CITIES CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CITI |
| ReturnHeader/Filer/EIN | 0 | 410519535 |
| ReturnHeader/Filer/PhoneNum | 0 | 6514263773 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 3625 TALMAGE CIRCLE |
| ReturnHeader/Filer/USAddress/AddressLine2 | 0 | ROOM/SUITE 102 |
| ReturnHeader/Filer/USAddress/City | 0 | VADNAIS HEIGHTS |
| ReturnHeader/Filer/USAddress/State | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 55110 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-08-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRENT WOOKEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-08-29T13:48:19-05:00 |
| 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
- $26,487,843
- Liabilities
- $24,309,065
- Net assets
- $2,178,778
- Revenue
- $1,337,731
- Expenses
- $1,263,860
- Net income
- $73,871