Liabilities / Assets
41st percentile
Higher debt load relative to assets than 41% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.81x
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 34.7% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$4,958,394
Up $203,796 (+4.3%) from 2012
Net Assets
Up$940,476
Up $5,030 (+0.5%) from 2012
Liabilities
Up$4,017,918
Up $198,766 (+5.2%) from 2012
Revenue And Expenses
Revenue
$229,789
No earlier filing loaded for comparison.
Expenses
Down$224,759
Down $5,499 (-2.4%) from 2012
Net Income
$5,030
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Jul 14, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $229,789
Mission and Program Overview
Mission
To provide courteous, professional, and competitive financial services to meet the needs of our members while maintaining accurate and efficient operations to safeguard our members assets.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $3,476,474 | $3,150,873 | ▼ $325,601 |
| Savings and Temporary Cash Investments | $832,870 | $1,096,539 | ▲ $263,669 |
| Rtn Earn Endowment Incm Other Fnds | $935,446 | $940,476 | ▲ $5,030 |
| Investments Program Related | $379,704 | $638,970 | ▲ $259,266 |
| Land, Buildings, and Equipment, Net | $19,131 | $16,267 | ▼ $2,864 |
| Cash and Non-Interest-Bearing Accounts | $10,710 | $6,018 | ▼ $4,692 |
| Prepaid Expenses and Deferred Charges | $2,366 | $3,518 | ▲ $1,152 |
| Total Assets | $4,754,598 | $4,958,394 | ▲ $203,796 |
| Other Assets Total | $33,343 | $46,209 | ▲ $12,866 |
| Liabilities | |||
| Other Liabilities | $3,813,953 | $4,010,918 | ▲ $196,965 |
| Accounts Payable and Accrued Expenses | $5,199 | $7,000 | ▲ $1,801 |
| Total Liabilities | $3,819,152 | $4,017,918 | ▲ $198,766 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $935,446 | $940,476 | ▲ $5,030 |
| Total Liabilities and Net Assets / Fund Balance | $4,754,598 | $4,958,394 | ▲ $203,796 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $16,267 | $4,767 | $21,034 |
| Investment Program Related Org | $4,112 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Julia Havens | President | FT | $73,847 | $5,819 | $79,666 |
Board Members and Trustees
| Name | Title |
|---|---|
| Tamara Snaza | Chair |
| Richard Bauer | Vice Chair |
| Larry Tobias | Director |
| Rollin Berg | Director |
| Steven Hirte | Director |
| Warren Mitchell | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $217,226
- Investment Income
- $12,053
- Other Revenue
- $510
- Change in Net Assets
- $5,030
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $120,981 |
| Other Expenses | $103,778 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $73,847 |
| Office Expenses | - | - | - | $33,839 |
| Other Salaries and Wages | - | - | - | $30,410 |
| Information Technology | - | - | - | $25,982 |
| Payroll Taxes | - | - | - | $8,392 |
| Insurance | - | - | - | $8,045 |
| Pension Plan Contributions | - | - | - | $5,819 |
| Depreciation Depletion | - | - | - | $4,432 |
| Conferences and Meetings | - | - | - | $4,353 |
| Other Expenses | - | - | - | $3,233 |
| Other Employee Benefits | - | - | - | $2,513 |
| Fees for Services Other | - | - | - | $1,925 |
| Fees for Services Accounting | - | - | - | $1,521 |
| Travel | - | - | - | $974 |
| Advertising | - | - | - | $608 |
| Total Functional Expenses | $0 | $0 | $0 | $224,759 |
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 |
|---|---|
| Member Shares & Deposits | $4,010,918 |
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
“The by-laws were updated during 2013 to change the size of the board of directors from 7 to 5 directors.”
Form 990, Page 6, Part VI, Line 6
“The organization has members. To be a member, you 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 data to independent cpa who prepares the return. Management reviews the return for correctness, and then authorizes cpa to e-file the approved return. The supervisory committee also reiews the 990 to ensure it was filed in a timely manner and reports to the board.”
Form 990, Page 6, Part VI, Line 12C
“If there is any type of activity brought to our attention either intentionally or unintentionally, the matter is investigated to ensure there is no conflict of interest.”
Form 990, Page 6, Part VI, Line 15A
“The board reviews / discusses / approves on an annual basis employee performance and any pay raise or bonus granted to employees. The outcome is documented in each respective employee file.”
Form 990, Page 6, Part VI, Line 15B
“The board reviews / discusses / approves on an annual basis employee performance and any pay raise or bonus granted to employees. The outcome is documented in each respective employee file.”
Form 990, Page 6, Part VI, Line 19
“Documents and information are avialable upon request and at the annual membership meeting. The monthly consolidated finanancial statement are posted in the office.”
Filing and Contact Details
Filer
- EIN
- 41-6031223
- Phone
- 6512244631
Signing Officer
- Name
- Julia Havens
- Title
- President/CEO
- Phone
- 6512244631
- Signed
- 2014-07-14
Organization Details
- Principal Officer
- Julia Havens
- Formed
- 1931
- Legal Domicile
- Mn
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 3
Preparer
- Preparer
- Brent Wookey CPA
Raw XML Appendix320 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 | 5199 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 7000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE COURTEOUS, PROFESSIONAL, AND COMPETITIVE FINANCIAL SERVICES TO MEET THE NEEDS OF OUR MEMBERS WHILE MAINTAINING ACCURATE AND EFFICIENT OPERATIONS TO SAFEGUARD OUR MEMBERS ASSETS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 608 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JULIA HAVENS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6512244631 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 115 HARDMAN AVE SOUTH |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | SOUTH ST |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 55075 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 10710 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6018 |
| IRS990/ChangeToOrgDocumentsInd | 0 | true |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 73847 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
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| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 5030 |
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| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/CYTotalRevenueAmt | 0 | 229789 |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 4432 |
| IRS990/Desc | 0 | THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 25 NEW DEPOSIT ACCOUNTS IN 2013. AS OF 12/31/13 WE HAD 783 MEMBERS. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1521 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1925 |
| 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 | 48.00 |
| 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/OfficerInd | 0 | 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 | 5819 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TAMARA SNAZA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RICHARD BAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | WARREN MITCHELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ROLLIN BERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LARRY TOBIAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | STEVEN HIRTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JULIA HAVENS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 73847 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| 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/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1931 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 229789 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 25982 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8045 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 12053 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12053 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 379704 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 638970 |
| IRS990/IRPDocumentCnt | 0 | 330 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4767 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 19131 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16267 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 21034 |
| 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 | TO PROVIDE COURTEOUS, PROFESSIONAL, AND COMPETITIVE FINANCIAL SERVICES TO MEET THE NEEDS OF OUR MEMBERS WHILE MAINTAINING ACCURATE AND EFFICIENT OPERATIONS TO SAFEGUARD OUR MEMBERS ASSETS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 935446 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 940476 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 33839 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 33343 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 46209 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 2513 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIVIDENDS PAID TO MEMBERS |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 2 | NCUSIF ASSESSMENTS |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 12866 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3233 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3813953 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4010918 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 3150873 |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3518 |
| IRS990/PrincipalOfficerNm | 0 | JULIA HAVENS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER MEMBER RELATED REV |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | MEMBER FEES REVENUE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 14433 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 125 NEW LOANS DURING 2013. AS OF 12/31/13 WE HAD 264 LOANS TO OUR MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | . |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYProgramServiceRevenueAmt | 0 | 225531 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 15742 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 121786 |
| IRS990/PYTotalExpensesAmt | 0 | 230258 |
| IRS990/PYTotalRevenueAmt | 0 | 246000 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 5030 |
| 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/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 510 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 510 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 935446 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 940476 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 832870 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1096539 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 16267 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 4767 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 21034 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 609858 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 25000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 4112 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENTS > 1 YEAR MATURITY |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | CU COMPANIES CUSO |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | ALLOYA CAPITAL |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4010918 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES & DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 16267 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 638970 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4010918 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BY-LAWS WERE UPDATED DURING 2013 TO CHANGE THE SIZE OF THE BOARD OF DIRECTORS FROM 7 TO 5 DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, YOU MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 | 4 | MANAGEMENT PROVIDES DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR CORRECTNESS, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. THE SUPERVISORY COMMITTEE ALSO REIEWS THE 990 TO ENSURE IT WAS FILED IN A TIMELY MANNER AND REPORTS TO THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | IF THERE IS ANY TYPE OF ACTIVITY BROUGHT TO OUR ATTENTION EITHER INTENTIONALLY OR UNINTENTIONALLY, THE MATTER IS INVESTIGATED TO ENSURE THERE IS NO CONFLICT OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD REVIEWS / DISCUSSES / APPROVES ON AN ANNUAL BASIS EMPLOYEE PERFORMANCE AND ANY PAY RAISE OR BONUS GRANTED TO EMPLOYEES. THE OUTCOME IS DOCUMENTED IN EACH RESPECTIVE EMPLOYEE FILE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE BOARD REVIEWS / DISCUSSES / APPROVES ON AN ANNUAL BASIS EMPLOYEE PERFORMANCE AND ANY PAY RAISE OR BONUS GRANTED TO EMPLOYEES. THE OUTCOME IS DOCUMENTED IN EACH RESPECTIVE EMPLOYEE FILE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | DOCUMENTS AND INFORMATION ARE AVIALABLE UPON REQUEST AND AT THE ANNUAL MEMBERSHIP MEETING. THE MONTHLY CONSOLIDATED FINANANCIAL STATEMENT ARE POSTED IN THE OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 4754598 |
| IRS990/TotalAssetsEOYAmt | 0 | 4958394 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 4754598 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 4958394 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 224759 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3819152 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4017918 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3819152 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4017918 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 935446 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 940476 |
| IRS990/TotalOtherCompensationAmt | 0 | 5819 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 217226 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 73847 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 12563 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 217226 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 229789 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 4754598 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 4958394 |
| IRS990/TravelGrp/TotalAmt | 0 | 974 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 115 HARDMAN AVE SOUTH |
| IRS990/USAddress/City | 0 | SOUTH SAINT PAUL |
| IRS990/USAddress/State | 0 | MN |
| IRS990/USAddress/ZIPCode | 0 | 55075 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MYRCU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JULIA HAVENS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6512244631 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-07-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | RIVERVIEW CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RIVE |
| ReturnHeader/Filer/EIN | 0 | 416031223 |
| ReturnHeader/Filer/PhoneNum | 0 | 6512244631 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 115 HARDMAN AVE SOUTH |
| ReturnHeader/Filer/USAddress/City | 0 | SOUTH SAINT PAUL |
| ReturnHeader/Filer/USAddress/State | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 55075 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-07-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRENT WOOKEY CPA |
| ReturnHeader/ReturnTs | 0 | 2014-07-17T14:42:13-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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.
- Assets
- $4,958,394
- Liabilities
- $4,017,918
- Net assets
- $940,476
- Revenue
- $229,789
- Expenses
- $224,759
- Net income
- $5,030