Civic Intelligence

Employees First Credit Union

990 • Fiscal year 2012 • EIN 41-0909796

Jan 01, 2012 to Dec 31, 2012 • Filed on Mar 22, 2013

2250 Wabash Ave55114
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Balance Sheet

Assets

Flat

$12,880,290

Flat from 2012

Net Assets

Flat

$3,304,897

Flat from 2012

Liabilities

Flat

$9,575,393

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,303,237

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $10,423,393Liabilities 2010: $7,128,357Net Assets 2010: $3,295,0362010Assets 2011: $11,873,779Liabilities 2011: $8,572,140Net Assets 2011: $3,301,6392011Assets 2012: $12,880,290Liabilities 2012: $9,575,393Net Assets 2012: $3,304,8972012Assets 2012: $12,880,290Liabilities 2012: $9,575,393Net Assets 2012: $3,304,8972012Assets 2013: $16,056,307Liabilities 2013: $12,748,785Net Assets 2013: $3,307,5222013Assets 2014: $19,864,724Liabilities 2014: $16,004,824Net Assets 2014: $3,859,9002014Assets 2015: $19,602,438Liabilities 2015: $13,565,636Net Assets 2015: $6,036,8022015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2012

Assets$12,880,290
Liabilities$9,575,393
Net Assets$3,304,897

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $804,7492010Expenses 2011: $1,156,7102011Expenses 2012: $1,303,2372012Revenue 2012: $1,306,495Expenses 2012: $1,303,237Net Income 2012: $3,2582012Revenue 2013: $1,530,066Expenses 2013: $1,527,441Net Income 2013: $2,6252013Revenue 2014: $1,786,869Expenses 2014: $1,234,491Net Income 2014: $552,3782014Revenue 2015: $1,700,281Expenses 2015: $800,039Net Income 2015: $900,2422015Revenue 2016: $1,026,024Expenses 2016: $3,868,290Net Income 2016: -$2,842,2662016

Highlighted filing

2012

Revenue-
Expenses$1,303,237
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 22, 2013
Return Version
2012v2.1
Gross Receipts
$1,306,495
Mission and Program Overview

Mission

To provide members with quality financial service.

Major Activities

Activity 2
The credit union has several types of loan programs available for our members. We funded 5,258 new loans during 2012. As of 12/31/12 we had 1,072 loans to our members.
Activity 3
.
Filing and Contact Details

Filer

EIN
41-0909796
Raw XML Appendix304 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Activity2/Description0THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 5,258 NEW LOANS DURING 2012. AS OF 12/31/12 WE HAD 1,072 LOANS TO OUR MEMBERS.
IRS990/Activity3/Description0.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/GeneralExplanation/Explanation2A 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/GeneralExplanation/Explanation3MANAGEMENT PROVIDES THE INFORMATION TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN AND AUTHORIZES CPA TO FILE THE 990. MANAGEMENT REVIEWS THE FILED RETURN WITH THE BOARD AT THEIR NEXT MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CEO, PRESIDENT, OR TOP MANAGEMENT OFFICIALS RECEIVED AN ANNULAR REVIEW BY THE BOARD OF DIRECTORS. THE BOARD APPROVES THEIR SALARIES.
IRS990ScheduleO/GeneralExplanation/Explanation5THE CEO, PRESIDENT, OR TOP MANAGEMENT OFFICIALS RECEIVED AN ANNULAR REVIEW BY THE BOARD OF DIRECTORS. THE BOARD APPROVES THEIR SALARIES.
IRS990ScheduleO/GeneralExplanation/Explanation6UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Identifier0CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier1ELECTION OF MEMBERS AND THEIR RIGHTS
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IRS990ScheduleO/GeneralExplanation/Identifier3ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
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IRS990ScheduleO/GeneralExplanation/Identifier5COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
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IRS990/YearFormation01967
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0410909796
ReturnHeader/Filer/Name/BusinessNameLine10EMPLOYEES FIRST CREDIT UNION
ReturnHeader/Filer/NameControl0EMPL
ReturnHeader/Filer/Phone06516414230
ReturnHeader/Filer/USAddress/AddressLine102250 WABASH AVE
ReturnHeader/Filer/USAddress/City0ST PAUL
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055114
ReturnHeader/Officer/DateSigned02013-03-22
ReturnHeader/Officer/Name0JAMES CARRIER
ReturnHeader/Officer/Phone06516414230
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02013-04-09
ReturnHeader/Preparer/Name0BRENT WOOKEY
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-04-09T12:59:15-05:00

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Filings