Civic Intelligence

Hbi Employees Credit Union

EIN 41-0785958 • 501(c)14 • Saint Paul, MN

View Organization Page

Profile

Provide fair and reasonable loans, savaings, and other financial services to our members.

3415 University AveSaint Paul, MN 55114

www.hbicu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

96th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)14 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-332%

Higher net margin than 19% of similar nonprofits.

501(c)14 • <$500k nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$28,035

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 45.4% of source-year revenue.

501(c)14 • <$500k nonprofits • Source year 2022

Asset Growth

95th percentile

-100%

Faster asset growth than 95% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-79%

Faster revenue growth than 16% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $9,479,385 (-100%) from 2021

Liabilities

Down

$0

Down $8,483,492 (-100%) from 2021

Net Assets

Down

$0

Down $995,893 (-100%) from 2021

Operations
Liabilities / Revenue96th percentileNet Margin19th percentile

Revenue

Down

$61,811

Down $227,042 (-79%) from 2021

Expenses

Down

$266,798

Down $31,569 (-11%) from 2021

Net Income

Down

-$204,987

Down $195,473 (-2055%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth95th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $7,568,795Liabilities 2010: $6,699,352Net Assets 2010: $869,4432010Assets 2011: $7,307,297Liabilities 2011: $6,417,603Net Assets 2011: $889,6942011Assets 2012: $7,480,298Liabilities 2012: $6,569,593Net Assets 2012: $910,7052012Assets 2013: $6,750,937Liabilities 2013: $5,824,598Net Assets 2013: $926,3392013Assets 2014: $7,003,539Liabilities 2014: $6,060,184Net Assets 2014: $943,3552014Assets 2015: $7,313,944Liabilities 2015: $6,353,925Net Assets 2015: $960,0192015Assets 2016: $7,425,106Liabilities 2016: $6,451,617Net Assets 2016: $973,4892016Assets 2017: $7,579,116Liabilities 2017: $6,587,994Net Assets 2017: $991,1222017Assets 2018: $8,049,965Liabilities 2018: $7,037,935Net Assets 2018: $1,012,0302018Assets 2019: $8,008,948Liabilities 2019: $6,961,295Net Assets 2019: $1,047,6532019Assets 2020: $9,744,787Liabilities 2020: $8,739,380Net Assets 2020: $1,005,4072020Assets 2021: $9,479,385Liabilities 2021: $8,483,492Net Assets 2021: $995,8932021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KExpenses 2010: $386,5322010Expenses 2011: $312,1692011Expenses 2012: $330,6642012Revenue 2013: $350,613Expenses 2013: $334,979Net Income 2013: $15,6342013Revenue 2014: $310,162Expenses 2014: $293,146Net Income 2014: $17,0162014Revenue 2015: $309,685Expenses 2015: $293,021Net Income 2015: $16,6642015Revenue 2016: $310,081Expenses 2016: $296,611Net Income 2016: $13,4702016Revenue 2017: $309,240Expenses 2017: $291,607Net Income 2017: $17,6332017Revenue 2018: $367,768Expenses 2018: $346,860Net Income 2018: $20,9082018Revenue 2019: $371,739Expenses 2019: $336,116Net Income 2019: $35,6232019Revenue 2020: $277,761Expenses 2020: $320,007Net Income 2020: -$42,2462020Revenue 2021: $288,853Expenses 2021: $298,367Net Income 2021: -$9,5142021Revenue 2022: $61,811Expenses 2022: $266,798Net Income 2022: -$204,9872022

Highlighted filing

2022

Revenue$61,811
Expenses$266,798
Net Income-$204,987
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$61,811
Expenses
$266,798
Net income
-$204,987
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.06$0.27$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.48$8.48$1.00$0.29$0.30$0.01
2020Detailed filing. Detailed filing data is available for this year.$9.74$8.74$1.01$0.28$0.32$0.04
2019Detailed filing. Detailed filing data is available for this year.$8.01$6.96$1.05$0.37$0.34$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.05$7.04$1.01$0.37$0.35$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.58$6.59$0.99$0.31$0.29$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.43$6.45$0.97$0.31$0.30$0.01
2015Detailed filing. Detailed filing data is available for this year.$7.31$6.35$0.96$0.31$0.29$0.02
2014Detailed filing. Detailed filing data is available for this year.$7.00$6.06$0.94$0.31$0.29$0.02
2013Detailed filing. Detailed filing data is available for this year.$6.75$5.82$0.93$0.35$0.33$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.48$6.57$0.91$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$6.42$0.89$0.31
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.57$6.70$0.87$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Mar 31, 2022
Signed
Jul 12, 2022
Return Version
2021v4.0
Gross Receipts
$61,811
Mission and Program Overview

Mission

Provide fair and reasonable loans, savaings, and other financial services to our members.

To promote thrift among our members and create a source of credit for them at legitimate rates of interest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,185,934--
Other Notes and Loans Receivable, Net$3,371,764--
Investments Program Related$1,701,325--
Rtn Earn Endowment Incm Other Fnds$995,893--
Cash and Non-Interest-Bearing Accounts$112,972--
Land, Buildings, and Equipment, Net$9,826--
Total Assets$9,479,385$0▼ $9,479,385
Other Assets Total$97,564--
Liabilities
Other Liabilities$8,464,581--
Accounts Payable and Accrued Expenses$18,911--
Total Liabilities$8,483,492$0▼ $8,483,492
Net Assets / Fund Balance
Total Net Assets Fund Balance$995,893$0▼ $995,893
Total Liabilities and Net Assets / Fund Balance$9,479,385$0▼ $9,479,385
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen FlemingPresident/ceFT$26,350$1,685$28,035
Theresa PetersonAssistant MaFT$13,703$1,893$15,596

Board Members and Trustees

NameTitle
Matt MichalskiChair
John DeganVice Chair
Bernadette ErdosDirector
Glen ReichowDirector
Jeff FredricksonDirector
John StachowksiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$53,269
Investment Income
$8,047
Other Revenue
$495
Change in Net Assets
$-204,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,612
Salaries, Compensation, and Employee Benefits$48,186
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$157,293
Information Technology---$55,655
Current Officers, Directors, Trustees, and Key Employees---$40,053
Insurance---$3,335
Other Employee Benefits---$3,121
Payroll Taxes---$3,009
Conferences and Meetings---$2,714
Pension Plan Contributions---$2,003
Depreciation Depletion---$818
Other Expenses---$-2,967
Total Functional Expenses$0$0$0$266,798
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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 35% controlled entity
No
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

“Theresa peterson (assistant manager) is the daughter of kathy peterka who is the chair of the internal supervisory committee.”

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 the necessary data to independent preparer who completes the return. Management reviews the 990 for accuracy and then authorizes preparere to e-file the approved return.”

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

“Conflict of interest policy is reviewed and signed annually by everyone.”

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

“The board of directors determines the compensation for the president/ceo. Industry peer data is used as part of their review process. Approval of the salary is noted in the board minutes and signed by the directors.”

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

“The president/ceo determines the salary of the assistant manager. Industry peer data is used as part of their review process. The assistant manger review and salary is also noted in the board minutes.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and conflict of interest policy were available upon request. Financial statements were posted in the lobby.”

Filing and Contact Details

Filer

Filer Name
Hbi Employees Credit Union
EIN
41-0785958
Phone
6512153541
Address
3415 UNIVERSITY AVE, SAINT PAUL, MN 55114

Signing Officer

Name
Karen Fleming
Title
President/CEO
Phone
6512153541
Signed
2022-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Fleming
Formed
1955
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Audit Threesixty
Address
1202 JOHNSON ST, ONALASKA, WI 54650-2008
Preparer
Peter Rasmussen
Phone
6083173765
Supplemental Narrative

Additional Explanations

Form 990

“Hbi employees credit union merged into spire credit union of falcon heights, mn, after the close of business march 31, 2022. Government agency approval documents are attached to this return in a pdf file.”

Form 990, Part XI, Line 9

“Net assets transferred in merger -790,906”

Raw XML Appendix381 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
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IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KAREN FLEMING
IRS990/BooksInCareOfDetail/PhoneNum06512153541
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03415 UNIVERSTIY AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAINT PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055114
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IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt02714
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08047
IRS990/CYOtherExpensesAmt0218612
IRS990/CYOtherRevenueAmt0495
IRS990/CYProgramServiceRevenueAmt053269
IRS990/CYRevenuesLessExpensesAmt0-204987
IRS990/CYSalariesCompEmpBnftPaidAmt048186
IRS990/CYTotalExpensesAmt0266798
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt061811
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0818
IRS990/Desc0THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 7 NEW ACCOUNTS FOR MEMBERS IN 2022. AS OF 03/31/22 WE HAD 946 MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FinalReturnInd0X
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IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt01685
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt11893
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN FLEMING
IRS990/Form990PartVIISectionAGrp/PersonNm1THERESA PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2MATT MICHALSKI
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DEGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF FREDRICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm5BERNADETTE ERDOS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN STACHOWKSI
IRS990/Form990PartVIISectionAGrp/PersonNm7GLEN REICHOW
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt026350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt113703
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASSISTANT MA
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01955
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt01701325
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09826
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE THRIFT AMONG OUR MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION LOAN LOSS ADJST
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IRS990/ProgramServiceRevenueGrp/Desc1OTHER MEMBER RELATED INCOME
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0MEMBER LOANS & ALLOWNC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH ON HAND & DEPOSIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2INVESTMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3OTHER ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0SPIRE CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1SPIRE CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2SPIRE CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3SPIRE CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12022-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22022-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32022-03-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0410585825
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1410585825
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2410585825
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3410585825
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt03168316
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt12909768
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt22966965
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt324591
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt02025 LARPENTEUR AVE W
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt12025 LARPENTEUR AVE W
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt22025 LARPENTEUR AVE W
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt32025 LARPENTEUR AVE W
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0FALCON HEIGHTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1FALCON HEIGHTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2FALCON HEIGHTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3FALCON HEIGHTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd055113
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd155113
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd255113
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd355113
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0KAREN FLEMING, CEO OF HBI EMPLOYEES CREDIT UNION WILL BECOME THE MVP OF SPECIAL SERVICES AT SPIRE CREDIT UNION. THERESA PETERSON, ASSISTANT MANAGER, OF HBI EMPLOYEES CREDIT UNION WILL BECOME A BRANCH MANAGER AT SPIRE CREDIT UNION.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1HBI EMPLOYEES CREDIT UNION MERGED INTO SPIRE CREDIT UNION OF FALCON HEIGHTS, MN, AFTER THE CLOSE OF BUSINESS MARCH 31, 2022. GOVERNMENT AGENCY APPROVAL DOCUMENTS ARE ATTACHED TO THIS RETURN IN A PDF FILE.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE N
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HBI EMPLOYEES CREDIT UNION MERGED INTO SPIRE CREDIT UNION OF FALCON HEIGHTS, MN, AFTER THE CLOSE OF BUSINESS MARCH 31, 2022. GOVERNMENT AGENCY APPROVAL DOCUMENTS ARE ATTACHED TO THIS RETURN IN A PDF FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERESA PETERSON (ASSISTANT MANAGER) IS THE DAUGHTER OF KATHY PETERKA WHO IS THE CHAIR OF THE INTERNAL SUPERVISORY COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A 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/ExplanationTxt5MANAGEMENT PROVIDES THE NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE 990 FOR ACCURACY AND THEN AUTHORIZES PREPARERE TO E-FILE THE APPROVED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY BY EVERYONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO. INDUSTRY PEER DATA IS USED AS PART OF THEIR REVIEW PROCESS. APPROVAL OF THE SALARY IS NOTED IN THE BOARD MINUTES AND SIGNED BY THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PRESIDENT/CEO DETERMINES THE SALARY OF THE ASSISTANT MANAGER. INDUSTRY PEER DATA IS USED AS PART OF THEIR REVIEW PROCESS. THE ASSISTANT MANGER REVIEW AND SALARY IS ALSO NOTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WERE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS WERE POSTED IN THE LOBBY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10NET ASSETS TRANSFERRED IN MERGER -790,906
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt09479385
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt09479385
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266798
IRS990/TotalGrossUBIAmt0216
IRS990/TotalLiabilitiesBOYAmt08483492
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt08483492
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0995893
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt03578
IRS990/TotalProgramServiceRevenueAmt053269
IRS990/TotalReportableCompFromOrgAmt040053
IRS990/TotalRevenueGrp/ExclusionAmt08542
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt053053
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061811
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0216
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09479385
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03415 UNIVERSTIY AVE
IRS990/USAddress/CityNm0SAINT PAUL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055114
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HBICU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN FLEMING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06512153541
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HBI EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0HBIE
ReturnHeader/Filer/EIN0410785958
ReturnHeader/Filer/PhoneNum06512153541
ReturnHeader/Filer/USAddress/AddressLine1Txt03415 UNIVERSITY AVE
ReturnHeader/Filer/USAddress/CityNm0SAINT PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811697509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AUDIT THREESIXTY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01202 JOHNSON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ONALASKA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546502008
ReturnHeader/PreparerPersonGrp/PhoneNum06083173765
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER RASMUSSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-07-14T13:26:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLEMING
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-03-31
ReturnHeader/TaxYr02021

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