Civic Intelligence

General Drivers Credit Union

990 • Fiscal year 2011 • EIN 42-0770250

Jan 01, 2011 to Dec 31, 2011 • Filed on May 10, 2012

1828 Central Avenue52001
Siviq Scores

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

Liabilities / Assets

45th percentile

0.85x

Higher debt load relative to assets than 45% of similar nonprofits.

2011 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

94th percentile

12%

Faster asset growth than 94% of similar nonprofits.

2011 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$6,622,917

No earlier filing loaded for comparison.

Net Assets

$991,099

No earlier filing loaded for comparison.

Liabilities

$5,631,818

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$272,480

No earlier filing loaded for comparison.

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,622,917Liabilities 2011: $5,631,818Net Assets 2011: $991,0992011Assets 2012: $7,125,693Liabilities 2012: $6,130,474Net Assets 2012: $995,2192012Assets 2013: $6,766,067Liabilities 2013: $5,784,182Net Assets 2013: $981,8852013Assets 2014: $6,597,449Liabilities 2014: $5,644,716Net Assets 2014: $952,7332014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2011

Assets$6,622,917
Liabilities$5,631,818
Net Assets$991,099

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $272,4802011Expenses 2012: $272,5552012Revenue 2013: $249,716Expenses 2013: $268,865Net Income 2013: -$19,1492013Revenue 2014: $199,151Expenses 2014: $228,303Net Income 2014: -$29,1522014Revenue 2015: $157,366Expenses 2015: $230,344Net Income 2015: -$72,9782015

Highlighted filing

2011

Revenue-
Expenses$272,480
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 10, 2012
Return Version
2011v1.2
Gross Receipts
$251,238
Mission and Program Overview

Mission

Credit unions create a source of credit at a fair and reasonable rate of interest.

Filing and Contact Details

Filer

EIN
42-0770250
Raw XML Appendix313 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/Form990PartVIISectionA/Title0CHIEF FINANCIAL OFFICER
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IRS990/Form990PartVIISectionA/Title2VICE PRESIDENT
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IRS990/OtherExpenses/Description1MEMBER INSURANCE
IRS990/OtherExpenses/Description2OPERATING FEES
IRS990/OtherExpenses/Description3PROVISION FOR LOAN LOSES
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IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/BusinessCode1524298
IRS990/OtherRevenueMisc/Description0OTHER INCOME
IRS990/OtherRevenueMisc/Description1OTHER INCOME RELATED TO
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IRS990/PaidInCapSrplsLandBldgEqpFund/BOY0186893
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IRS990/PartialLiquidation0false
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IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 PART VI SECTION A LINE 6 CREDIT UNION MEMBERSHIP CONSISTS OF NATURAL PERSONS AND ENTITIIES AS APPROVED FROM TIME TO TIME BY AND RECORDED AT THE OFFICE OF THE SUPERINTEDNENT OF CREDIT UNIONS MEMBERSHIP CONSISTS OF THOSE PERSONS IN THE COMMON BOND WHO HAVE SUBSCRIBED TO ONE OWNERSHIP SHARE AND HAVE COMPLIED WITH THE OTHER REQUIREMENTS AS SPECIFIED BY THE ARTICLES OF INCORPORATION AND BYLAWS
IRS990ScheduleO/GeneralExplanation/Explanation1FORM 990 PART VI SECTION A LINE 7A AT EACH ANNUAL MEETING MEMBERS HAVE ONE VOTE AT EACH ANNUAL MEETING ONE MEMBER SHALL BE ELECTED TO FILL EACH BOARD OF DIRECTOR POSITION VACATED BY REASON OF AN EXPIRING TERM OR OTHER CAUSE
IRS990ScheduleO/GeneralExplanation/Explanation2FORM 990 PART VI SECTION A LINE 7B THE MAJORITY OF MEMBERS PRESENT AT ANY MEETING MAY VOTE TO MODIFY AMEND OR REVERSE ANY ACT OF THE BOARD OF DIRECTORS OR INSTRUCT THE BOARD TO TAKE ACTION NOT INCONSISTENT WITH THE ARTICLES BYLAWS OR THE IOWA CODE IN ORDER TO BE BINDING UPON THE BOARD OF DIRECTORS ANY ACTION REQUIRES AN AFFIRMATIVE VOTE OF A MAJORITY OF ELIGIBLE MEMBERS
IRS990ScheduleO/GeneralExplanation/Explanation3FORM 990 PAPRT VI SECTION A LINE 10 THE FORM 990 IS REVIEWED BY EACH ORGANIZATION BEFORE FILING
IRS990ScheduleO/GeneralExplanation/Explanation4FORM 990 PART VI SECTION A LINE 10 THE FORM 990 IS REVIEWED BY EACH ORGANIZATION BEFORE FILING
IRS990ScheduleO/GeneralExplanation/Explanation5FORM 990 PART VI SECTION B LINE 12C THE ORGANIZATION REQUIRES OFFICERS AND DIRECTORS TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST EVERY INSIDER PROVIDES AN ANNUAL STATEMENT OUTLINING SPECIFIC RELATIONS AND SITUATIONS THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED BY THE BOARD AND IS ENFORCED BY THE BOARD
IRS990ScheduleO/GeneralExplanation/Explanation6FORM 990 PART VI SECTION B LINE 15 A COMPENSATION COMMITTEE HAS OVERALL RESPONSIBILITY FOR APPROVING AND EVALUATING THE PRESIDENTCEO COMPENSATIN BENEFIT AND PREREQUISITE PLANS POLICIES AND PROGRAMS OF THE CREDIT UNION THE COMPENSATION COMMITTEE IS ALSO RESPONSIBLE FOR PRODUCING AN ANNUAL REPORT ON EXECUTIVE COMPENSATION FOR REVIEW BY THE ENTIRE BOARD AN INDEPENDENT THIRD PARTY REVIEWS COMPENSATION BASED ON DATA COMPILED FROM NUMEROUS SOURCES SOFTWARE IS USED THAT COMPARES RELATIVE COMPENSATION DATA
IRS990ScheduleO/GeneralExplanation/Explanation7FORM 990 PART VI SECTION C LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FINANCIAL STATEMENTS ARE ALSO POSTED IN THE MAIN BRANCH OF THE CREDIT UNION
IRS990ScheduleO/GeneralExplanation/Explanation8TO ADJUST PAYABLES TO PREVIOUS YEARS ACTUAL
IRS990ScheduleO/GeneralExplanation/Identifier001. Members or stockholder classes and rights (Part VI, line 6)
IRS990ScheduleO/GeneralExplanation/Identifier102. Member election for additional members (Part VI, line 7a)
IRS990ScheduleO/GeneralExplanation/Identifier203. Governing body decisions (Part VI, line 7b)
IRS990ScheduleO/GeneralExplanation/Identifier304. Local chapters, branches, affiliates (Part VI, line 10a)
IRS990ScheduleO/GeneralExplanation/Identifier405. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/GeneralExplanation/Identifier506. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/GeneralExplanation/Identifier607. CEO, executive director, top management comp (Part VI, line 15a)
IRS990ScheduleO/GeneralExplanation/Identifier708. Governing documents, etc, available to public (Part VI, line 19)
IRS990ScheduleO/GeneralExplanation/Identifier809. Explanation of other changes in net assets or fund balances (Part XI, line 5)
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IRS990/TypeOfOrgOtherDescription0CREDIT UNION
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IRS990/YearFormation01948
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0420770250
ReturnHeader/Filer/Name/BusinessNameLine10GENERAL DRIVERS CREDIT UNION
ReturnHeader/Filer/NameControl0GENE
ReturnHeader/Filer/USAddress/AddressLine101828 CENTRAL AVENUE
ReturnHeader/Filer/USAddress/City0DUBUQUE
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052001
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ReturnHeader/Officer/DateSigned02012-05-10
ReturnHeader/Officer/Name0LEO DAIVDSHOFER
ReturnHeader/Officer/Phone05635562114
ReturnHeader/Officer/Title0OFFICER
ReturnHeader/Preparer/DatePrepared02012-05-14
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Wagner Accounting & Tax Service Inc
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10999 Century Drive Suite 5
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Dubuque
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0IA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0520023776
ReturnHeader/Preparer/Name0DAVID A WAGNER
ReturnHeader/Preparer/Phone05635564508
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-05-14T13:53:28-05:00

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