Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Teamsters Credit Union
990 • Fiscal year 2018 • EIN 41-1227313
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.91x
Liabilities / Revenue
42nd percentile
Higher debt load relative to revenue than 42% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 15.2% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$11,061,796
Down $344,044 (-3.0%) from 2017
Net Assets
Up$966,030
Up $86,891 (+9.9%) from 2017
Liabilities
Down$10,095,766
Down $430,935 (-4.1%) from 2017
Revenue And Expenses
Revenue
Up$595,947
Up $44,676 (+8.1%) from 2017
Expenses
Down$509,056
Down $93,502 (-16%) from 2017
Net Income
Up$86,891
Up $138,178 (+269%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Apr 9, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $595,947
Mission and Program Overview
Mission
In the spirit of union pride: teamsters credit union pledges to help hard- working teamsters and their families by offering simple and fair loans. As a direct union-benefit provider, we are dedicated to building lifelong financial relationships by offering superior service to our members - one member at a time.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $7,146,418 | $8,462,694 | ▲ $1,316,276 |
| Investments Program Related | $2,316,562 | $1,616,562 | ▼ $700,000 |
| Rtn Earn Endowment Incm Other Fnds | $879,139 | $966,030 | ▲ $86,891 |
| Savings and Temporary Cash Investments | $1,610,353 | $715,175 | ▼ $895,178 |
| Cash and Non-Interest-Bearing Accounts | $197,053 | $112,370 | ▼ $84,683 |
| Prepaid Expenses and Deferred Charges | $4,440 | $18,339 | ▲ $13,899 |
| Land, Buildings, and Equipment, Net | $11,220 | $9,946 | ▼ $1,274 |
| Total Assets | $11,405,840 | $11,061,796 | ▼ $344,044 |
| Other Assets Total | $119,794 | $126,710 | ▲ $6,916 |
| Liabilities | |||
| Other Liabilities | $10,514,053 | $10,085,785 | ▼ $428,268 |
| Accounts Payable and Accrued Expenses | $12,648 | $9,981 | ▼ $2,667 |
| Total Liabilities | $10,526,701 | $10,095,766 | ▼ $430,935 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $879,139 | $966,030 | ▲ $86,891 |
| Total Liabilities and Net Assets / Fund Balance | $11,405,840 | $11,061,796 | ▼ $344,044 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $9,946 | $5,250 | $15,196 |
| Leasehold Improvements | - | $3,416 | $3,416 |
| Investment Program Related Org | $8,062 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Andrea Adams | President | FT | $74,637 | $16,178 | $90,815 |
| Shelly Nelson | Financial of | FT | $47,321 | $2,374 | $49,695 |
Board Members and Trustees
| Name | Title |
|---|---|
| Mike Winkel | Board Chair |
| Paul Slattery | Vice Chair |
| Bill Reynolds | Director |
| Jeff Eckman | Director |
| Kristin Lundeen | Director |
| Scott Oldenburg | Director |
| Tony Winchester | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $543,915
- Investment Income
- $52,032
- Other Revenue
- $0
- Change in Net Assets
- $86,891
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $266,534 |
| Other Expenses | $240,522 |
| Grants and Similar Amounts Paid | $2,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $121,958 |
| Information Technology | - | - | - | $87,033 |
| Other Salaries and Wages | - | - | - | $86,680 |
| Office Expenses | - | - | - | $54,965 |
| Other Employee Benefits | - | - | - | $33,631 |
| Fees for Services Other | - | - | - | $17,296 |
| Payroll Taxes | - | - | - | $15,961 |
| Other Expenses | - | - | - | $14,511 |
| Insurance | - | - | - | $10,026 |
| Conferences and Meetings | - | - | - | $10,017 |
| Pension Plan Contributions | - | - | - | $8,304 |
| Advertising | - | - | - | $5,478 |
| Depreciation Depletion | - | - | - | $5,250 |
| Grants to Domestic Orgs | - | - | - | $2,000 |
| Occupancy | - | - | - | $357 |
| Interest | - | - | - | $165 |
| Total Functional Expenses | $0 | $0 | $0 | $509,056 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Members Shares & Deposits | $10,085,785 |
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
- Yes
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 4
“In 2018 we adopted the new standard credit union by-laws approved the state of minnesota.”
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 return for accuracy, and then authorizes preparer to e-file the approved return. Management reviews the return with the board of directors at their next board meeting.”
Form 990, Page 6, Part VI, Line 12C
“The supervisory committee monitors the actions of the officials and key employees within the guidelines of the policy.”
Form 990, Page 6, Part VI, Line 15A
“The board of directors, at a regular board meeting, reviews management's performance and establishes compensation based on performance, budget and industry averages. This is approved and documented in the board minutes.”
Form 990, Page 6, Part VI, Line 15B
“The board of directors, at a regular board meeting, reviews management's performance and establishes compensation based on performance, budget and industry averages. This is approved and documented in the board minutes.”
Form 990, Page 6, Part VI, Line 19
“Governing documents and conflict of interest policy are available upon request. Financial statements are posted in the lobby of the credit union.”
Filing and Contact Details
Filer
- Filer Name
- Teamsters Credit Union
- EIN
- 41-1227313
- Phone
- 7632676300
- Address
- 9422 ULYSSES STREET NE SUITE 140, BLAINE, MN 55434
Signing Officer
- Name
- Andrea Adams
- Title
- President
- Phone
- 7632676305
- Signed
- 2019-04-09
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Andrea Adams
- Formed
- 1974
- Legal Domicile
- Mn
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 4
- Volunteers
- 9
Preparer
- Firm
- Audit Threesixty
- Address
- 1202 JOHNSON ST, ONALASKA, WI 54650-2008
- Preparer
- Peter Rasmussen
- Phone
- 6083173765
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“In the spirit of union pride: teamsters credit union pledges to help hard- working teamsters and their families by offering simple and fair loans. As a direct union-benefit provider, we are dedicated to building lifelong financial relationships by offering superior service to our members - one member at a time.”
Raw XML Appendix361 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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 12648 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9981 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | IN THE SPIRIT OF UNION PRIDE: TEAMSTERS CREDIT UNION PLEDGES TO HELP HARD- WORKING TEAMSTERS AND THEIR FAMILIES BY OFFERING SIMPLE AND FAIR LOANS. AS A DIRECT UNION-BENEFIT PROVIDER, WE ARE DEDICATED TO BUILDING LIFELONG FINANCIAL RELATIONSHIPS BY OFFERING SUPERIOR SERVICE TO OUR MEMBERS - ONE MEMBER AT A TIME. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 5478 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7632676300 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9422 ULYSSES ST NE SUITE 140 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BLAINE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55434 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 112370 |
| IRS990/ChangeToOrgDocumentsInd | 0 | true |
| IRS990/CollectionsOfArtInd | 0 | false |
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| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
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| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 2000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 52032 |
| IRS990/CYOtherExpensesAmt | 0 | 240522 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 543915 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 86891 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 266534 |
| IRS990/CYTotalExpensesAmt | 0 | 509056 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 595947 |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5250 |
| IRS990/Desc | 0 | THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 153 NEW DEPOSIT ACCOUNTS IN 2018. AS OF 12/31/18 WE HAD 2,014 MEMBERS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 17296 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 2374 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MIKE WINKEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PAUL SLATTERY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KRISTIN LUNDEEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JEFF ECKMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SCOTT OLDENBURG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BILL REYNOLDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TONY WINCHESTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ANDREA ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SHELLY NELSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | FINANCIAL OF |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1974 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 2000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 595947 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 87033 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 10026 |
| IRS990/InterestGrp/TotalAmt | 0 | 165 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 52032 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 52032 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 2316562 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 1616562 |
| IRS990/IRPDocumentCnt | 0 | 159 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 8666 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11220 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9946 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 18612 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | IN THE SPIRIT OF UNION PRIDE: TEAMSTERS CREDIT UNION PLEDGES TO HELP HARD- WORKING TEAMSTERS AND THEIR FAMILIES BY OFFERING SIMPLE AND FAIR LOANS. AS A DIRECT UNION-BENEFIT PROVIDER, WE ARE DEDICATED TO BUILDING LIFELONG FINANCIAL RELATIONSHIPS BY OFFERING SUPERIOR SERVICE TO OUR MEMBERS - ONE MEMBER AT A TIME. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 879139 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 966030 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 357 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 54965 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 126710 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 33631 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 1 | DIVIDENDS EXPENSE |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 35424 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14511 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 10085785 |
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| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 7146418 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 8462694 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15961 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8304 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4440 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 18339 |
| IRS990/PrincipalOfficerNm | 0 | ANDREA ADAMS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522130 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MEMBER FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER MEMBER REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 413983 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 81035 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 48897 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 413983 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 81035 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 48897 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 661 NEW LOANS TO MEMBERS DURING 2018. AS OF 12/31/18 WE HAD 1,025 LOANS TO OUR MEMBERS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 490 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 51970 |
| IRS990/PYOtherExpensesAmt | 0 | 344935 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 498811 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -51287 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 255623 |
| IRS990/PYTotalExpensesAmt | 0 | 602558 |
| IRS990/PYTotalRevenueAmt | 0 | 551271 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 86891 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 879139 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 966030 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1610353 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 715175 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 9946 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 5250 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 15196 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 1596000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 12500 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 8062 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENTS WITH MATURITY > 1 YEAR |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | SERVION MORTGAGE CUSO |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | ALLOYA CAPITAL SHARES |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 3416 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 3416 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 10085785 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBERS SHARES & DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 9946 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 1616562 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 10085785 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN THE SPIRIT OF UNION PRIDE: TEAMSTERS CREDIT UNION PLEDGES TO HELP HARD- WORKING TEAMSTERS AND THEIR FAMILIES BY OFFERING SIMPLE AND FAIR LOANS. AS A DIRECT UNION-BENEFIT PROVIDER, WE ARE DEDICATED TO BUILDING LIFELONG FINANCIAL RELATIONSHIPS BY OFFERING SUPERIOR SERVICE TO OUR MEMBERS - ONE MEMBER AT A TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | IN 2018 WE ADOPTED THE NEW STANDARD CREDIT UNION BY-LAWS APPROVED THE STATE OF MINNESOTA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MANAGEMENT PROVIDES THE NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE BOARD OF DIRECTORS AT THEIR NEXT BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE SUPERVISORY COMMITTEE MONITORS THE ACTIONS OF THE OFFICIALS AND KEY EMPLOYEES WITHIN THE GUIDELINES OF THE POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE BOARD OF DIRECTORS, AT A REGULAR BOARD MEETING, REVIEWS MANAGEMENT'S PERFORMANCE AND ESTABLISHES COMPENSATION BASED ON PERFORMANCE, BUDGET AND INDUSTRY AVERAGES. THIS IS APPROVED AND DOCUMENTED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE BOARD OF DIRECTORS, AT A REGULAR BOARD MEETING, REVIEWS MANAGEMENT'S PERFORMANCE AND ESTABLISHES COMPENSATION BASED ON PERFORMANCE, BUDGET AND INDUSTRY AVERAGES. THIS IS APPROVED AND DOCUMENTED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 11405840 |
| IRS990/TotalAssetsEOYAmt | 0 | 11061796 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 11405840 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 11061796 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 509056 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 10526701 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 10095766 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 10526701 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 10095766 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 879139 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 966030 |
| IRS990/TotalOtherCompensationAmt | 0 | 18552 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 543915 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 121958 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 52032 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 543915 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 595947 |
| IRS990/TotalVolunteersCnt | 0 | 9 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 11405840 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 11061796 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 9422 ULYSSES ST NE SUITE 140 |
| IRS990/USAddress/CityNm | 0 | BLAINE |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55434 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MNTEAMSTERSCU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANDREA ADAMS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7632676305 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-04-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TEAMSTERS CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TEAM |
| ReturnHeader/Filer/EIN | 0 | 411227313 |
| ReturnHeader/Filer/PhoneNum | 0 | 7632676300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 9422 ULYSSES STREET NE SUITE 140 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BLAINE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55434 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 97.88.144.85 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-04-10 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:26:53 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 811697509 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AUDIT THREESIXTY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1202 JOHNSON ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ONALASKA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 546502008 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6083173765 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-04-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PETER RASMUSSEN |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-04-10T16:26:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $11,061,796
- Liabilities
- $10,095,766
- Net assets
- $966,030
- Revenue
- $595,947
- Expenses
- $509,056
- Net income
- $86,891