Civic Intelligence

Richfieldbloomington Credit Union

990 • Fiscal year 2013 • EIN 41-0824021

Jan 01, 2013 to Dec 31, 2013 • Filed on May 12, 2014

Organization ProfileWWW.RBCU.ORG

View Organization Page

345 East 77th StreetBloomington, MN 55423

(612) 798-7176

Siviq Scores

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

Liabilities / Assets

80th percentile

0.91x

Higher debt load relative to assets than 80% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

71st percentile

20.48x

Higher debt load relative to revenue than 71% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

66th percentile

18%

Higher net margin than 66% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

4th percentile

$183,048

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

22nd percentile

1.3%

Faster asset growth than 22% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

23rd percentile

-1.7%

Faster revenue growth than 23% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$254,509,694

Up $3,196,602 (+1.3%) from 2012

Net Assets

Down

$21,780,510

Down $75,428 (-0.3%) from 2012

Liabilities

Up

$232,729,184

Up $3,272,030 (+1.4%) from 2012

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin66th percentile

Revenue

Down

$11,361,448

Down $202,110 (-1.7%) from 2012

Expenses

Down

$9,287,343

Down $3,286,404 (-26%) from 2012

Net Income

Up

$2,074,105

Up $3,084,294 (+305%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$400M$300M$200M$100M$0Assets 2010: $222,371,111Liabilities 2010: $200,680,300Net Assets 2010: $21,690,8112010Assets 2011: $236,412,946Liabilities 2011: $213,694,441Net Assets 2011: $22,718,5052011Assets 2012: $251,313,092Liabilities 2012: $229,457,154Net Assets 2012: $21,855,9382012Assets 2013: $254,509,694Liabilities 2013: $232,729,184Net Assets 2013: $21,780,5102013Assets 2014: $260,699,520Liabilities 2014: $235,735,037Net Assets 2014: $24,964,4832014Assets 2015: $266,457,842Liabilities 2015: $240,928,272Net Assets 2015: $25,529,5702015Assets 2016: $277,061,730Liabilities 2016: $254,426,781Net Assets 2016: $22,634,9492016Assets 2017: $283,243,766Liabilities 2017: $259,751,932Net Assets 2017: $23,491,8342017Assets 2018: $289,473,840Liabilities 2018: $265,536,114Net Assets 2018: $23,937,7262018Assets 2019: $307,549,200Liabilities 2019: $281,576,931Net Assets 2019: $25,972,2692019Assets 2020: $350,249,139Liabilities 2020: $323,452,944Net Assets 2020: $26,796,1952020Assets 2021: $393,544,128Liabilities 2021: $363,334,002Net Assets 2021: $30,210,1262021Assets 2022: $399,653,229Liabilities 2022: $367,127,824Net Assets 2022: $32,525,4052022Assets 2023: $386,343,958Liabilities 2023: $352,011,648Net Assets 2023: $34,332,3102023Assets 2024: $376,551,920Liabilities 2024: $341,399,769Net Assets 2024: $35,152,1512024

Highlighted filing

2013

Assets$254,509,694
Liabilities$232,729,184
Net Assets$21,780,510
Open 2013 Filing

Operations Trend

Revenue Growth23rd percentile

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

$20M$10M$0-$10MExpenses 2010: $12,899,2542010Expenses 2011: $11,466,8292011Revenue 2012: $11,563,558Expenses 2012: $12,573,747Net Income 2012: -$1,010,1892012Revenue 2013: $11,361,448Expenses 2013: $9,287,343Net Income 2013: $2,074,1052013Revenue 2014: $11,040,204Expenses 2014: $8,828,763Net Income 2014: $2,211,4412014Revenue 2015: $10,728,475Expenses 2015: $9,574,511Net Income 2015: $1,153,9642015Revenue 2016: $11,202,965Expenses 2016: $13,773,386Net Income 2016: -$2,570,4212016Revenue 2017: $11,430,677Expenses 2017: $10,447,208Net Income 2017: $983,4692017Revenue 2018: $11,746,703Expenses 2018: $10,752,916Net Income 2018: $993,7872018Revenue 2019: $12,977,702Expenses 2019: $12,198,185Net Income 2019: $779,5172019Revenue 2020: $13,861,459Expenses 2020: $13,644,511Net Income 2020: $216,9482020Revenue 2021: $17,620,611Expenses 2021: $13,867,144Net Income 2021: $3,753,4672021Revenue 2022: $18,120,740Expenses 2022: $15,133,709Net Income 2022: $2,987,0312022Revenue 2023: $18,658,180Expenses 2023: $16,577,395Net Income 2023: $2,080,7852023Revenue 2024: $19,141,834Expenses 2024: $18,447,257Net Income 2024: $694,5772024

Highlighted filing

2013

Revenue$11,361,448
Expenses$9,287,343
Net Income$2,074,105
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 12, 2014
Return Version
2013v3.0
Gross Receipts
$32,765,082
Mission and Program Overview

Mission

To provide lending, savings and other financial services to our qualifying members at terms generally better than available in the marketplace and with a "service based emphasis" that recognizes the members' status as owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$128,693,957$120,391,701▼ $8,302,256
Investments Other Securities$93,203,897$111,048,308▲ $17,844,411
Rtn Earn Endowment Incm Other Fnds$21,855,938$21,780,510▼ $75,428
Land, Buildings, and Equipment, Net$11,701,001$11,300,672▼ $400,329
Savings and Temporary Cash Investments$9,210,732$4,875,572▼ $4,335,160
Cash and Non-Interest-Bearing Accounts$1,388,622$1,195,851▼ $192,771
Prepaid Expenses and Deferred Charges$623,638$690,956▲ $67,318
Investments Program Related$685,916$349,708▼ $336,208
Receivables From Officers Etc-$2,333-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$251,313,092$254,509,694▲ $3,196,602
Other Assets Total$5,805,329$4,654,593▼ $1,150,736
Liabilities
Other Liabilities$226,567,671$230,025,842▲ $3,458,171
Accounts Payable and Accrued Expenses$2,889,483$2,703,342▼ $186,141
Total Liabilities$229,457,154$232,729,184▲ $3,272,030
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,855,938$21,780,510▼ $75,428
Total Liabilities and Net Assets / Fund Balance$251,313,092$254,509,694▲ $3,196,602

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,845,726$1,506,490$7,352,216
Equipment$1,104,310$3,806,045$4,910,355
Land$4,347,684-$4,347,684
Other Land Buildings$2,952-$2,952
Other Securities$4,216,067--
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick BrekkenPresidentFT$168,080$14,968$183,048
Karen HoeppnerVice President, Member SerFT$100,973$11,757$112,730
Donna RomeroVice President, Real EstatFT$102,720$9,899$112,619
Teri LaufersVice President, ItFT$106,151$6,234$112,385
Terry StirewaltVice President, BusinessFT$92,507$5,052$97,559
Rick RasmussonVice President, FinanceFT$73,935$10,482$84,417
Larry KlementExecutive Vice PresidentFT$41,409$1,463$42,872
Lew BequetteVice President, FinanceFT$12,005$663$12,668

Board Members and Trustees

NameTitle
James HabeckChairman
Mark OliverVice Chair
Geoffrey GrudzinskiDirector
Jason BarnesDirector
Jerry MarickDirector
Jim McdonaldDirector
Karolyn LeeDirector
Lee CovartDirector
Milt WestlundDirector
Dennis KaneSecretary
Michael AmbersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,962,773
Investment Income
$2,418,675
Other Revenue
$-20,000
Change in Net Assets
$2,074,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,036,967
Salaries, Compensation, and Employee Benefits$3,754,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,310,511
Office Expenses---$1,223,872
Current Officers, Directors, Trustees, and Key Employees---$758,298
Occupancy---$595,516
Benefits to Members---$496,272
Other Expenses---$456,955
All Other Expenses---$406,144
Other Employee Benefits---$365,348
Payroll Taxes---$240,072
Insurance---$194,303
Pension Plan Contributions---$79,875
Travel---$35,545
Interest---$8,464
Total Functional Expenses$0$0$0$9,287,343
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$2,333-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares/deposits$230,025,842
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, Part VI, Section A, Line 6

“Eligible membership of rbcu consists of persons who live in, worship in, attend school in, work in, or volunteer in and businesses and other legal entities located in the cities of richfield, bloomington and edina and the adjacent areas known as the minneapolis-st. Paul international airport (mac) and fort snelling. Also included are employees and retirees of any and all schools located in the city of richfield and employees of bloomington independent school district #271. Eligible membership includes all students in grades 9 through 12 attending richfield high school, bloomington jefferson high school and bloomington kennedy high school; employees of the city of richfield and rbcu; and other small employer groups or associations. In addition to a regularly qualified member, members of the same household, the spouse of a member, the blood or adoptive relatives of either of them and their spouses may be members.”

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

“All members in good standing and at least 18 years old receive one vote in annual elections of the board of directors.”

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

“Charter changes must be approved by the membership.”

Form 990, Part VI, Section B, Line 11

“Form 990 will be reviewed by the credit union's cfo and then be submitted to the president for final approval.”

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

“The board and senior managers are required to disclose any affiliations in a signed document annually. Conflict of interest policy is included in the employee handbook. The credit union is reviewing the procedures related to enforcement of this policy and is looking to expand requirements in the future.”

Form 990, Part VI, Section B, Line 15

“The hr department compares the compensation for all officers and key employees to compensation surveys obtained through our national trade association for credit unions in our asset class and geographical region. Annual adjustments are made with an eye toward maintaining total compensation for each individual near industry norms considering the position, qualifications and experience. The final decision on compensation is made by the ceo for all officers and key employees and the board of directors for the ceo. This process was completed for all officers and key employees in 2013.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in the credit union lobby.”

Filing and Contact Details

Filer

EIN
41-0824021
Phone
6127987176

Signing Officer

Name
Patrick Brekken
Title
President
Phone
6127987176
Signed
2014-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Brekken
Formed
1957
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
90
Volunteers
14

Preparer

Preparer
Sherri Wessels
Phone
5074347000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2B:

“As allowed by state regulatory authorities, the audit is done as of june 30. The reporting period for the audit, therefore, does not match the reporting period for form 990.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt, under irc 501(c)(14), from federal and state income taxes. Certain products and services provided by select state chartered credit unions have been deemed by the internal revenue services(irs), in technical advice memorandums(tams) released in 2007, to be unrelated to the specific entity's exempt purpose. As presented in the technical advice memorandums the net taxable income from these products and services would be subject to income taxes. Credit unions have litigated against the irs positions noted in the tams and have been successful in having courts declare in 2009 and 2010 that revenue from insurance products sold to members, helping them protect their financial wellbeing, qualifies as exempt purpose income, conrary to the irs position in the tams. The credit union has filed tax returns in the past for activities they have deemed taxable. The taxing authorities have the ability to assess taxes, penalties and interest for any years for which no tax return was filed. In the opinion of management, any liability resulting from taxing authorities imposing income taxes on the net taxable income from activities potentially deemed to be unrelated to the credit unions exempt purpose is not expected to have a material effect on the credit union's financial position or results of operations. The credit union evaluated its tax positions and determined no uncertain tax positions exist as of june 30, 2013 and 2012. The credit union's tax years subsequent to 2009 are open for examination by federal and state taxing authorities.”

Part X, Line 2

“As allowed by state regulatory authorities, the audit is done as of june 30. The reporting period for the audit, therefore, does not match the reporting period for form 990.”

Raw XML AppendixShowing 400 of 497 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02889483
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02703342
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO OUR QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS OWNERS.
IRS990/AllOtherExpensesGrp/TotalAmt0406144
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt0496272
IRS990/BooksInCareOfDetail/PersonNm0RICK RASMUSSON
IRS990/BooksInCareOfDetail/PhoneNum06127987176
IRS990/BooksInCareOfDetail/USAddress/AddressLine109055 LYNDALE AVENUE SOUTH
IRS990/BooksInCareOfDetail/USAddress/City0BLOOMINGTON
IRS990/BooksInCareOfDetail/USAddress/State0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode055423
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01388622
IRS990/CashNonInterestBearingGrp/EOYAmt01195851
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0758298
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0496272
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02418675
IRS990/CYOtherExpensesAmt05036967
IRS990/CYOtherRevenueAmt0-20000
IRS990/CYProgramServiceRevenueAmt08962773
IRS990/CYRevenuesLessExpensesAmt02074105
IRS990/CYSalariesCompEmpBnftPaidAmt03754104
IRS990/CYTotalExpensesAmt09287343
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011361448
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DIVIDENDS AND INTEREST OF $496,271 PAID TO MEMBERS ON 36,742 DEPOSIT ACCOUNTS HELD BY 20,247 MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt090
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1114968
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1211757
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139899
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt146234
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt155052
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1610482
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt171463
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18663
IRS990/Form990PartVIISectionAGrp/PersonNm0KAROLYN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES HABECK
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm3DENNIS KANE
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm5LEE COVART
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL AMBERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7GEOFFREY GRUDZINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm8MILT WESTLUND
IRS990/Form990PartVIISectionAGrp/PersonNm9JERRY MARICK
IRS990/Form990PartVIISectionAGrp/PersonNm10JASON BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm11PATRICK BREKKEN
IRS990/Form990PartVIISectionAGrp/PersonNm12KAREN HOEPPNER
IRS990/Form990PartVIISectionAGrp/PersonNm13DONNA ROMERO
IRS990/Form990PartVIISectionAGrp/PersonNm14TERI LAUFERS
IRS990/Form990PartVIISectionAGrp/PersonNm15TERRY STIREWALT
IRS990/Form990PartVIISectionAGrp/PersonNm16RICK RASMUSSON
IRS990/Form990PartVIISectionAGrp/PersonNm17LARRY KLEMENT
IRS990/Form990PartVIISectionAGrp/PersonNm18LEW BEQUETTE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11168080
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12100973
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13102720
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14106151
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1592507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1673935
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1741409
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1812005
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT, MEMBER SER
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT, REAL ESTAT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT, IT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT, BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT, FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT, FINANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0147131
IRS990/GainOrLossGrp/SecuritiesAmt0321502
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0973680
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt020898587
IRS990/GrossReceiptsAmt032765082
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0194303
IRS990/InterestGrp/TotalAmt08464
IRS990/InvestmentIncomeGrp/ExclusionAmt01950042
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01950042
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt093203897
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0111048308
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0685916
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0349708
IRS990/IRPDocumentCnt09912
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05312535
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011701001
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011300672
IRS990/LandBldgEquipCostOrOtherBssAmt016613207
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0826549
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020577085
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO OUR QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS OWNERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021855938
IRS990/NetAssetsOrFundBalancesEOYAmt021780510
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0468633
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0468633
IRS990/NetUnrelatedBusTxblIncmAmt0-4268
IRS990/NetUnrlzdGainsLossesInvstAmt0-2149533
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0595516
IRS990/OfficeExpensesGrp/TotalAmt01223872
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05805329
IRS990/OtherAssetsTotalGrp/EOYAmt04654593
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0365348
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL AND OUTSID
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS OPERATING
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL AND PROMOTI
IRS990/OtherExpensesGrp/TotalAmt0915573
IRS990/OtherExpensesGrp/TotalAmt1722895
IRS990/OtherExpensesGrp/TotalAmt2477700
IRS990/OtherExpensesGrp/TotalAmt3456955
IRS990/OtherLiabilitiesGrp/BOYAmt0226567671
IRS990/OtherLiabilitiesGrp/EOYAmt0230025842
IRS990/OtherOrganizationDsc0CU
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0NON-OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-20000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-20000
IRS990/OtherRevenueTotalAmt0-20000
IRS990/OtherSalariesAndWagesGrp/TotalAmt02310511
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0128693957
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0120391701
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0240072
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt079875
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0623638
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0690956
IRS990/PrincipalOfficerNm0PATRICK BREKKEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06930660
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11465737
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2559058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06930660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11473055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2559058
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07318
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED CONSUMER, MORTGAGE AND BUSINESS LOAN SERVICES TO MEMBERS. GRANTED 1,736 LOANS IN 2013 WHICH EXCEEDED $28,315,850 IN NEW LOAN DISBURSEMENTS. TOTAL OF ALL LOANS OUTSTANDING WAS OVER $122,833,216 AT YEAR END.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED OUTSTANDING PERSONAL AND REMOTE ACCESS TO FINANCIAL SERVICES. IN ADDITION TO THREE IN-PERSON BRANCHES, RBCU MEMBERS ACCESSED FINANCIAL SERVICE THROUGH THE USE OF TWO SUR-CHARGE FREE ATM'S, OVER 3,085 CREDIT CARDS, OVER 16,698 DEBIT AND ATM CARDS, AND NEARLY 9,115 MEMBERS USING OUR INTERNET BANKING SITE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0842493
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02448602
IRS990/PYOtherExpensesAmt07619805
IRS990/PYOtherRevenueAmt02679
IRS990/PYProgramServiceRevenueAmt09112277
IRS990/PYRevenuesLessExpensesAmt0-1010189
IRS990/PYSalariesCompEmpBnftPaidAmt04111449
IRS990/PYTotalExpensesAmt012573747
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011563558
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt02333
IRS990/ReconcilationRevenueExpnssAmt02074105
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021855938
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt021780510
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09210732
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04875572
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05845726
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01506490
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07352216
IRS990ScheduleD/EquipmentGrp/BookValueAmt01104310
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03806045
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04910355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04347684
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04347684
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02952
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0230025842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES/DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0101716107
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt15116134
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt24216067
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AVAILABLE FOR SALE SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1DEPOSITS IN COMMERCIAL BANKS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, UNDER IRC 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. CERTAIN PRODUCTS AND SERVICES PROVIDED BY SELECT STATE CHARTERED CREDIT UNIONS HAVE BEEN DEEMED BY THE INTERNAL REVENUE SERVICES(IRS), IN TECHNICAL ADVICE MEMORANDUMS(TAMS) RELEASED IN 2007, TO BE UNRELATED TO THE SPECIFIC ENTITY'S EXEMPT PURPOSE. AS PRESENTED IN THE TECHNICAL ADVICE MEMORANDUMS THE NET TAXABLE INCOME FROM THESE PRODUCTS AND SERVICES WOULD BE SUBJECT TO INCOME TAXES. CREDIT UNIONS HAVE LITIGATED AGAINST THE IRS POSITIONS NOTED IN THE TAMS AND HAVE BEEN SUCCESSFUL IN HAVING COURTS DECLARE IN 2009 AND 2010 THAT REVENUE FROM INSURANCE PRODUCTS SOLD TO MEMBERS, HELPING THEM PROTECT THEIR FINANCIAL WELLBEING, QUALIFIES AS EXEMPT PURPOSE INCOME, CONRARY TO THE IRS POSITION IN THE TAMS. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES THEY HAVE DEEMED TAXABLE. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNIONS EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2013 AND 2012. THE CREDIT UNION'S TAX YEARS SUBSEQUENT TO 2009 ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AS ALLOWED BY STATE REGULATORY AUTHORITIES, THE AUDIT IS DONE AS OF JUNE 30. THE REPORTING PERIOD FOR THE AUDIT, THEREFORE, DOES NOT MATCH THE REPORTING PERIOD FOR FORM 990.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011300672
IRS990ScheduleD/TotalBookValueSecuritiesAmt0111048308
IRS990ScheduleD/TotalLiabilityAmt0230025842
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168080
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08985
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK BREKKEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0183048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01833
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0COMPUTER PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1COMPUTER PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt03000

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.

Open filing
Assets
$254,509,694
Liabilities
$232,729,184
Net assets
$21,780,510
Revenue
$11,361,448
Expenses
$9,287,343
Net income
$2,074,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$377$341$35.2$19.1$18.4$0.69
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$386$352$34.3$18.7$16.6$2.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$400$367$32.5$18.1$15.1$2.99
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$394$363$30.2$17.6$13.9$3.75
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$350$323$26.8$13.9$13.6$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$308$282$26.0$13.0$12.2$0.78
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$289$266$23.9$11.7$10.8$0.99
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$283$260$23.5$11.4$10.4$0.98
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$277$254$22.6$11.2$13.8$2.57
2015Detailed filing. Detailed filing data is available for this year.$266$241$25.5$10.7$9.57$1.15
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$261$236$25.0$11.0$8.83$2.21
2013Detailed filing. Detailed filing data is available for this year.$255$233$21.8$11.4$9.29$2.07
2012Summary only. Only limited summary data is available for this year.$251$229$21.9$11.6$12.6$1.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$236$214$22.7$11.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$222$201$21.7$12.9
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $250M-$1B nonprofits