Civic Intelligence

Babbitt Steelworkers Credit Union

990 • Fiscal year 2013 • EIN 41-0848711

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 21, 2013

Organization Profile

View Organization Page

24 Commerce RoadBabbitt, MN 55706

(218) 827-3121

Siviq Scores

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

Liabilities / Assets

31st percentile

0.84x

Higher debt load relative to assets than 31% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

75th percentile

25.63x

Higher debt load relative to revenue than 75% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

98th percentile

33%

Higher net margin than 98% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

36th percentile

$60,732

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Asset Growth

49th percentile

1.3%

Faster asset growth than 49% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$14,572,463

Up $193,237 (+1.3%) from 2012

Net Assets

Up

$2,401,797

Up $154,704 (+6.9%) from 2012

Liabilities

Up

$12,170,666

Up $38,533 (+0.3%) from 2012

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin98th percentile

Revenue

$474,820

No earlier filing loaded for comparison.

Expenses

Down

$320,116

Down $228,650 (-42%) from 2012

Net Income

$154,704

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $15,378,439Liabilities 2010: $12,987,466Net Assets 2010: $2,390,9732010Assets 2011: $14,903,352Liabilities 2011: $12,683,404Net Assets 2011: $2,219,9482011Assets 2012: $14,379,226Liabilities 2012: $12,132,133Net Assets 2012: $2,247,0932012Assets 2013: $14,572,463Liabilities 2013: $12,170,666Net Assets 2013: $2,401,7972013Assets 2014: $14,691,455Liabilities 2014: $12,338,271Net Assets 2014: $2,353,1842014Assets 2015: $15,113,466Liabilities 2015: $12,814,900Net Assets 2015: $2,298,5662015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2013

Assets$14,572,463
Liabilities$12,170,666
Net Assets$2,401,797
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,290,5972010Expenses 2011: $892,4122011Expenses 2012: $548,7662012Revenue 2013: $474,820Expenses 2013: $320,116Net Income 2013: $154,7042013Revenue 2014: $433,833Expenses 2014: $482,446Net Income 2014: -$48,6132014Revenue 2015: $418,365Expenses 2015: $472,983Net Income 2015: -$54,6182015Revenue 2016: $90,584Expenses 2016: $339,819Net Income 2016: -$249,2352016

Highlighted filing

2013

Revenue$474,820
Expenses$320,116
Net Income$154,704
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 21, 2013
Return Version
2013v3.1
Gross Receipts
$474,820
Mission and Program Overview

Mission

COMMUNITY CREDIT UNION

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,423,562$10,927,710▲ $504,148
Rtn Earn Endowment Incm Other Fnds$2,247,093$2,401,797▲ $154,704
Other Notes and Loans Receivable, Net$2,602,823$2,372,216▼ $230,607
Cash and Non-Interest-Bearing Accounts$1,076,389$1,021,555▼ $54,834
Land, Buildings, and Equipment, Net$75,784$74,851▼ $933
Prepaid Expenses and Deferred Charges$73,901$27,523▼ $46,378
Accounts Receivable-$27,369-
Total Assets$14,379,226$14,572,463▲ $193,237
Other Assets Total$126,767$121,239▼ $5,528
Liabilities
Other Liabilities$12,123,880$12,166,621▲ $42,741
Accounts Payable and Accrued Expenses$8,253$4,045▼ $4,208
Total Liabilities$12,132,133$12,170,666▲ $38,533
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,247,093$2,401,797▲ $154,704
Total Liabilities and Net Assets / Fund Balance$14,379,226$14,572,463▲ $193,237

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$63,451$63,450$126,901
Equipment-$37,896$37,896
Land$11,400-$11,400
Other Assets Org$121,239--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Donna MuellerleileTreasureFT$60,732$60,732

Board Members and Trustees

NameTitle
Todd AhoPresident
Michael MackaiVice-president
Deb AndersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$89,568
Program Service Revenue
$205,575
Investment Income
$179,677
Other Revenue
$0
All Other Contributions
$89,568
Change in Net Assets
$154,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$275,852
Other Expenses$38,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$215,667--$215,667
Office Expenses$87,745--$87,745
Other Employee Benefits$60,185--$60,185
Occupancy$22,125--$22,125
Depreciation Depletion-$6,345-$6,345
Benefits to Members$6,232--$6,232
Other Expenses$6,002--$6,002
Advertising$2,130--$2,130
Conferences and Meetings$510--$510
All Other Expenses$-160,291--$-160,291
Total Functional Expenses$313,771$6,345$0$320,116
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Outstanding Shares$6,708,067
Undivided Dividends$1,745,970
Iras$1,694,795
Iras$1,629,034
Regular Reserve$385,579
Christmas Club$3,176
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

Members or stockholder classes and rights Part VI line 6

“Membership consists of all persons regardless of age race color or creed.an individual must purchase one share to become a member.”

Member election for additional members Part VI line 7A

“Members of the credit union hold an annual meeting at which the officers are elected.”

Governing body decisions Part VI line 7B

“All governing changes are subject to approval of the members.”

Form 990 governing body review Part VI line 11

“The governing body does review the 990 at the monthly meeting for approval.”

Conflict of interest policy compliance Part VI line 12C

“Policies are reviewed and resolved at the monthly meetings.”

CEO executive director top management comp Part VI line 15A

“The annual compensation of the director is determined at the annual meeting.”

Other officer or key employee compensation Part VI line 15B

“The compensation of the other officers is also determined at the annual meeting.”

Governing documents etc available to public Part VI line 19

“The 990 and any other supplimental information is available at 24 commerce road babbitt, mn at any time for public viewing.”

Filing and Contact Details

Filer

EIN
41-0848711

Signing Officer

Name
Larene Roseth
Title
Assistant Manag
Phone
2188273121
Signed
2013-04-21
Discuss with paid preparer
No

Organization Details

Formed
1960
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Preparer
Daniel Przybylski
Phone
2183654853
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“See attached overflow statement page 2.”

Raw XML Appendix338 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08253
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04045
IRS990/AccountsReceivableGrp/EOYAmt027369
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0COMMUNITY CREDIT UNION
IRS990/AdvertisingGrp/ProgramServicesAmt02130
IRS990/AdvertisingGrp/TotalAmt02130
IRS990/AllOtherContributionsAmt089568
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-160291
IRS990/AllOtherExpensesGrp/TotalAmt0-160291
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt06232
IRS990/BenefitsToMembersGrp/TotalAmt06232
IRS990/BooksInCareOfDetail/PersonNm0DONNA MUELLERLEILE
IRS990/BooksInCareOfDetail/PhoneNum02188273121
IRS990/BooksInCareOfDetail/USAddress/AddressLine1024 COMMERCE ROAD
IRS990/BooksInCareOfDetail/USAddress/City0BABBITT
IRS990/BooksInCareOfDetail/USAddress/State0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode055706
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01076389
IRS990/CashNonInterestBearingGrp/EOYAmt01021555
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0510
IRS990/ConferencesMeetingsGrp/TotalAmt0510
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt06232
IRS990/CYContributionsGrantsAmt089568
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0179677
IRS990/CYOtherExpensesAmt038032
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0205575
IRS990/CYRevenuesLessExpensesAmt0154704
IRS990/CYSalariesCompEmpBnftPaidAmt0275852
IRS990/CYTotalExpensesAmt0320116
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0474820
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06345
IRS990/DepreciationDepletionGrp/TotalAmt06345
IRS990/Desc0DIVIDENDS AND INTEREST ON SAVINGS ACCOUNTS PAID TO MEMBERS, LIFE SAVINGS INSURANCE, AND AN ANNUAL MEETING.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine10LARENE ROSETH
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0313771
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0TODD AHO
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL MACKAI
IRS990/Form990PartVIISectionAGrp/PersonNm2DEB ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA MUELLERLEILE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt360732
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0474820
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0179677
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0179677
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0101346
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075784
IRS990/LandBldgEquipBasisNetGrp/EOYAmt074851
IRS990/LandBldgEquipCostOrOtherBssAmt0176197
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0COMMUNITY CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02247093
IRS990/NetAssetsOrFundBalancesEOYAmt02401797
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt022125
IRS990/OccupancyGrp/TotalAmt022125
IRS990/OfficeExpensesGrp/ProgramServicesAmt087745
IRS990/OfficeExpensesGrp/TotalAmt087745
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0126767
IRS990/OtherAssetsTotalGrp/EOYAmt0121239
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060185
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060185
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc2PROFESSINAL AND OUTSIDE SERV
IRS990/OtherExpensesGrp/Desc3FED SUPERVISION AND EXAM
IRS990/OtherExpensesGrp/ProgramServicesAmt013993
IRS990/OtherExpensesGrp/ProgramServicesAmt14912
IRS990/OtherExpensesGrp/ProgramServicesAmt254561
IRS990/OtherExpensesGrp/ProgramServicesAmt36002
IRS990/OtherExpensesGrp/TotalAmt013993
IRS990/OtherExpensesGrp/TotalAmt14912
IRS990/OtherExpensesGrp/TotalAmt254561
IRS990/OtherExpensesGrp/TotalAmt36002
IRS990/OtherLiabilitiesGrp/BOYAmt012123880
IRS990/OtherLiabilitiesGrp/EOYAmt012166621
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0215667
IRS990/OtherSalariesAndWagesGrp/TotalAmt0215667
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02602823
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02372216
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt073901
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027523
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LAONS
IRS990/ProgramServiceRevenueGrp/Desc1CREDIT CARD INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0180050
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0180050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125525
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt017553
IRS990/PYContributionsGrantsAmt087836
IRS990/PYInvestmentIncomeAmt0488075
IRS990/PYOtherExpensesAmt0243333
IRS990/PYRevenuesLessExpensesAmt027145
IRS990/PYSalariesCompEmpBnftPaidAmt0287880
IRS990/PYTotalExpensesAmt0548766
IRS990/PYTotalRevenueAmt0575911
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0154704
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02247093
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02401797
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010423562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010927710
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt063451
IRS990ScheduleD/BuildingsGrp/DepreciationAmt063450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0126901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037896
IRS990ScheduleD/LandGrp/BookValueAmt011400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0121239
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCUIF DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06708067
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11629034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2385579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41745970
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt51694795
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OUTSTANDING SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1IRAS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REGULAR RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CHRISTMAS CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UNDIVIDED DIVIDENDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5IRAS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074851
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0121239
IRS990ScheduleD/TotalLiabilityAmt012166621
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP CONSISTS OF ALL PERSONS REGARDLESS OF AGE RACE COLOR OR CREED.AN INDIVIDUAL MUST PURCHASE ONE SHARE TO BECOME A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE CREDIT UNION HOLD AN ANNUAL MEETING AT WHICH THE OFFICERS ARE ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING CHANGES ARE SUBJECT TO APPROVAL OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY DOES REVIEW THE 990 AT THE MONTHLY MEETING FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4POLICIES ARE REVIEWED AND RESOLVED AT THE MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ANNUAL COMPENSATION OF THE DIRECTOR IS DETERMINED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPENSATION OF THE OTHER OFFICERS IS ALSO DETERMINED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE 990 AND ANY OTHER SUPPLIMENTAL INFORMATION IS AVAILABLE AT 24 COMMERCE ROAD BABBITT, MN AT ANY TIME FOR PUBLIC VIEWING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE ATTACHED OVERFLOW STATEMENT PAGE 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014379226
IRS990/TotalAssetsEOYAmt014572463
IRS990/TotalAssetsGrp/BOYAmt014379226
IRS990/TotalAssetsGrp/EOYAmt014572463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt089568
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06345
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0313771
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320116
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012132133
IRS990/TotalLiabilitiesEOYAmt012170666
IRS990/TotalLiabilitiesGrp/BOYAmt012132133
IRS990/TotalLiabilitiesGrp/EOYAmt012170666
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02247093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02401797
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0313771
IRS990/TotalProgramServiceRevenueAmt0205575
IRS990/TotalReportableCompFromOrgAmt060732
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0385252
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0474820
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014379226
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014572463
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LARENE ROSETH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT MANAG
ReturnHeader/BusinessOfficerGrp/PhoneNum02188273121
ReturnHeader/BusinessOfficerGrp/SignatureDt02013-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine10BABBITT STEELWORKERS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0BABB
ReturnHeader/Filer/EIN0410848711
ReturnHeader/Filer/USAddress/AddressLine1024 COMMERCE ROAD
ReturnHeader/Filer/USAddress/City0BABBITT
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055706
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030417083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10D AND D ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10747 EAST SHERIDAN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ELY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode055731
ReturnHeader/PreparerPersonGrp/PhoneNum02183654853
ReturnHeader/PreparerPersonGrp/PreparationDt02014-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL PRZYBYLSKI
ReturnHeader/ReturnTs02014-04-25T13:13:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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
$14,572,463
Liabilities
$12,170,666
Net assets
$2,401,797
Revenue
$474,820
Expenses
$320,116
Net income
$154,704
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.09$0.34$0.25
2015Detailed filing. Detailed filing data is available for this year.$15.1$12.8$2.30$0.42$0.47$0.05
2014Detailed filing. Detailed filing data is available for this year.$14.7$12.3$2.35$0.43$0.48$0.05
2013Detailed filing. Detailed filing data is available for this year.$14.6$12.2$2.40$0.47$0.32$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$12.1$2.25$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$12.7$2.22$0.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$13.0$2.39$1.29