Civic Intelligence

Serve Credit Union

990 • Fiscal year 2016 • EIN 42-0773825

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

Organization ProfileWWW.DMPO-CU.ORG

View Organization Page

423 East Court AvenueDes Moines, IA 50309

(515) 243-2677

Siviq Scores

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

Liabilities / Assets

21st percentile

0.85x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

20.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Net Margin

88th percentile

21%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

20th percentile

$105,340

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Asset Growth

63rd percentile

5.0%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

12%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$54,252,590

Up $2,567,539 (+5.0%) from 2015

Net Assets

Up

$8,110,528

Up $567,537 (+7.5%) from 2015

Liabilities

Up

$46,142,062

Up $2,000,002 (+4.5%) from 2015

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin88th percentile

Revenue

Up

$2,288,817

Up $251,249 (+12%) from 2015

Expenses

Up

$1,809,789

Up $303,595 (+20%) from 2015

Net Income

Down

$479,028

Down $52,346 (-9.9%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$100M$50M$0Assets 2010: $31,964,365Liabilities 2010: $27,011,720Net Assets 2010: $4,952,6452010Assets 2012: $39,658,101Liabilities 2012: $33,969,925Net Assets 2012: $5,688,1762012Assets 2013: $42,450,094Liabilities 2013: $36,378,073Net Assets 2013: $6,072,0212013Assets 2014: $44,704,805Liabilities 2014: $38,194,592Net Assets 2014: $6,510,2132014Assets 2015: $51,685,051Liabilities 2015: $44,142,060Net Assets 2015: $7,542,9912015Assets 2016: $54,252,590Liabilities 2016: $46,142,062Net Assets 2016: $8,110,5282016Assets 2017: $66,985,975Liabilities 2017: $57,029,996Net Assets 2017: $9,955,9792017Assets 2018: $69,268,918Liabilities 2018: $58,700,235Net Assets 2018: $10,568,6832018Assets 2019: $75,142,786Liabilities 2019: $63,947,731Net Assets 2019: $11,195,0552019Assets 2020: $86,739,221Liabilities 2020: $74,602,750Net Assets 2020: $12,136,4712020Assets 2021: $94,294,193Liabilities 2021: $81,264,494Net Assets 2021: $13,029,6992021Assets 2022: $98,485,699Liabilities 2022: $84,597,541Net Assets 2022: $13,888,1582022Assets 2023: $98,075,508Liabilities 2023: $83,226,025Net Assets 2023: $14,849,4832023Assets 2024: $96,897,485Liabilities 2024: $80,692,813Net Assets 2024: $16,204,6722024

Highlighted filing

2016

Assets$54,252,590
Liabilities$46,142,062
Net Assets$8,110,528
Open 2016 Filing

Operations Trend

Revenue Growth88th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,305,1272010Expenses 2012: $1,303,9922012Revenue 2013: $1,605,497Expenses 2013: $1,297,870Net Income 2013: $307,6272013Revenue 2014: $1,735,001Expenses 2014: $1,372,323Net Income 2014: $362,6782014Revenue 2015: $2,037,568Expenses 2015: $1,506,194Net Income 2015: $531,3742015Revenue 2016: $2,288,817Expenses 2016: $1,809,789Net Income 2016: $479,0282016Revenue 2017: $2,867,762Expenses 2017: $2,442,383Net Income 2017: $425,3792017Revenue 2018: $3,251,113Expenses 2018: $2,602,901Net Income 2018: $648,2122018Revenue 2019: $3,686,743Expenses 2019: $3,060,371Net Income 2019: $626,3722019Revenue 2020: $3,934,617Expenses 2020: $2,993,201Net Income 2020: $941,4162020Revenue 2021: $4,126,999Expenses 2021: $3,233,771Net Income 2021: $893,2282021Revenue 2022: $4,223,581Expenses 2022: $3,365,122Net Income 2022: $858,4592022Revenue 2023: $5,571,787Expenses 2023: $4,606,712Net Income 2023: $965,0752023Revenue 2024: $6,383,635Expenses 2024: $5,030,072Net Income 2024: $1,353,5632024

Highlighted filing

2016

Revenue$2,288,817
Expenses$1,809,789
Net Income$479,028
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$2,288,817
Mission and Program Overview

Mission

Growing to provide exceptional rates, competitive financial products, and friendly service to a membership dedicated to community services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$33,253,811$38,629,334▲ $5,375,523
Savings and Temporary Cash Investments$14,763,366$12,490,881▼ $2,272,485
Rtn Earn Endowment Incm Other Fnds$4,119,226$4,598,254▲ $479,028
Pd in Cap Srpls Land Bldg Eqp Fund$3,423,765$3,512,274▲ $88,509
Land, Buildings, and Equipment, Net$1,782,748$1,725,900▼ $56,848
Investments Program Related$914,547$417,477▼ $497,070
Cash and Non-Interest-Bearing Accounts$212,930$213,428▲ $498
Prepaid Expenses and Deferred Charges$40,194$28,315▼ $11,879
Accounts Receivable$990$7,460▲ $6,470
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$51,685,051$54,252,590▲ $2,567,539
Other Assets Total$716,465$739,795▲ $23,330
Liabilities
Other Liabilities$42,891,905$45,601,656▲ $2,709,751
Accounts Payable and Accrued Expenses$1,250,155$540,406▼ $709,749
Total Liabilities$44,142,060$46,142,062▲ $2,000,002
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,542,991$8,110,528▲ $567,537
Total Liabilities and Net Assets / Fund Balance$51,685,051$54,252,590▲ $2,567,539

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$799,516$284,575$1,084,091
Leasehold Improvements$420,064$35,427$455,491
Land$442,278-$442,278
Equipment$64,042$61,410$125,452
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew FogleCEOFT$92,405$12,935$105,340
Troy GouldCFOFT$54,119$694$54,813

Board Members and Trustees

NameTitle
David NessChairman of the Board
Gene HaighBoard President
Dave SmithVice Chair
Anna KingeryBoard Member
Benjamin WarrenBoard Member
Brad WellsBoard Member
Brian BurkeBoard Member
Brian PeppmeierBoard Member
Dale BruceBoard Member
Jason HaighBoard Member
Kevin SchneiderBoard Member
Tanya SchmellBoard Member
Will ArceBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,680,517
Investment Income
$188,990
Other Revenue
$419,310
Change in Net Assets
$479,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,187,152
Salaries, Compensation, and Employee Benefits$622,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$345,781--$345,781
Interest$208,249--$208,249
Current Officers, Directors, Trustees, and Key Employees$160,153--$160,153
Occupancy$102,137--$102,137
Information Technology$95,463--$95,463
Office Expenses$92,682--$92,682
All Other Expenses$87,495--$87,495
Fees for Services Other$84,089--$84,089
Other Expenses$74,380--$74,380
Depreciation Depletion$74,337--$74,337
Advertising$60,281--$60,281
Payroll Taxes$55,309--$55,309
Pension Plan Contributions$53,474--$53,474
Travel$26,388--$26,388
Insurance$19,640--$19,640
Payments to Affiliates$16,188--$16,188
Other Employee Benefits$7,920--$7,920
Fees for Services Accounting$4,485--$4,485
Fees for Services Legal$1,866--$1,866
Total Functional Expenses$1,809,789$0$0$1,809,789
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Shares$45,601,656
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
No
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, Part VI, Section A, Line 6

“The organization is a credit union with members.”

Form 990, Part VI, Section A, Line 7A

“The members elect board members within their ranks at the annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Annually members approve authority for the board of directors to act on their behalf. Special meetings of all members may be called per article iv, section 4.4 of the bylaws.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed and signed by the ceo. The board does not review the form 990 prior to the ceo signing it.”

Form 990, Part VI, Section B, Line 15A

“The board uses cuna salary survey, merit resources, and cues salary survey to make a decision on ceo compensation.”

Form 990, Part VI, Section C, Line 19

“Documents are kept in the ceo's office and are available upon request. Financials are distributed at annual meeting. Balance sheet is posted at the credit union and all financials are made available online.”

Filing and Contact Details

Filer

Filer Name
Des Moines Police Officers Credit Union
EIN
42-0773825
Phone
5152432677
Address
423 EAST COURT AVENUE, DES MOINES, IA 50309

Signing Officer

Name
Troy Gould
Title
CFO
Phone
5152432677
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Gould
Formed
1932
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
14
Volunteers
0

Preparer

Firm
Gardiner Thomsen
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
C L Telk Jr CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“LEGAL RESERVE 88,509.”

Raw XML AppendixShowing 400 of 447 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/Desc0DES MOINES POLICE OFFICERS' CREDIT UNION IS A MEMBER-OWNED FINANCIAL COOPERATIVE SERVING PUBLIC SAFETY PROFESSIONALS AND THEIR FAMILIES IN THE STATE OF IOWA SINCE 1931. ON FILE WERE APPROXIMATELY 4,014 ACTIVE MEMBERSHIPS AS OF THE END OF 2016. THE PURPOSE OF THE CREDIT UNION IS EMBODIED IN ITS MISSION STATEMENT: "GROWING TO PROVIDE EXCEPTIONAL RATES, COMPETITIVE FINANCIAL PRODUCTS, AND FRIENDLY SERVICE TO A MEMBERSHIP DEDICATED TO COMMUNITY SERVICE."AMONG THE DEPOSIT SERVICES THE CREDIT UNION PROVIDES ITS MEMBERS ARE SAVINGS,CHECKING, MONEY MARKET AND CLUB ACCOUNTS. THE CREDIT UNION ALSO ISSUES SHARES CERTIFICATES ACCOUNTS AS WELL AS EDUCATIONAL SAVINGS ACCOUNTS. DES MOINES POLICE OFFICERS' CREDIT UNION PARTNERS WITH CUNA MUTUAL TO MAKE BROKERAGE AND INVESTMENT SERVICES AVAILABLE TO ITS MEMBERS. THE CREDIT UNION OFFERS ITS MEMBERS A FULL RANGE OF LOAN SERVICES INCLUDING VEHICLE LOANS, HOME EQUITY AND MORTGAGE LOANS, CREDIT CARDS, AND PERSONAL LOANS. ADDITIONAL SERVICES OFFERED BY DES MOINES POLICE OFFICERS' CREDIT UNION INCLUDE ONLINE BANKING, ELECTRONIC BILL PAYMENT, MOBILE BANKING, WIRE SERVICES, PREPAID CARDS, ACCOUNT MANAGEMENT SUPPORT, SAFE DEPOSIT BOXES, AND TELLER SERVICES. THE CREDIT UNION IS SUPERVISED BY THE IOWA DIVISION OF CREDIT UNIONS AND ITS DEPOSITS ARE FEDERALLY INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02288817
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt095463
IRS990/InformationTechnologyGrp/TotalAmt095463
IRS990/InsuranceGrp/ProgramServicesAmt019640
IRS990/InsuranceGrp/TotalAmt019640
IRS990/InterestGrp/ProgramServicesAmt0208249
IRS990/InterestGrp/TotalAmt0208249
IRS990/InvestmentIncomeGrp/ExclusionAmt0188990
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0188990
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0914547
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0417477
IRS990/IRPDocumentCnt01311
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0381412
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01782748
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01725900
IRS990/LandBldgEquipCostOrOtherBssAmt02107312
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0119113
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0119113
IRS990/MissionDesc0GROWING TO PROVIDE EXCEPTIONAL RATES, COMPETITIVE FINANCIAL PRODUCTS, AND FRIENDLY SERVICE TO A MEMBERSHIP DEDICATED TO COMMUNITY SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07542991
IRS990/NetAssetsOrFundBalancesEOYAmt08110528
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0102137
IRS990/OccupancyGrp/TotalAmt0102137
IRS990/OfficeExpensesGrp/ProgramServicesAmt092682
IRS990/OfficeExpensesGrp/TotalAmt092682
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0716465
IRS990/OtherAssetsTotalGrp/EOYAmt0739795
IRS990/OtherChangesInNetAssetsAmt088509
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07920
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07920
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DEBIT/CREDIT CARD EXPEN
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0127611
IRS990/OtherExpensesGrp/ProgramServicesAmt1111861
IRS990/OtherExpensesGrp/ProgramServicesAmt274380
IRS990/OtherExpensesGrp/TotalAmt0127611
IRS990/OtherExpensesGrp/TotalAmt1111861
IRS990/OtherExpensesGrp/TotalAmt274380
IRS990/OtherLiabilitiesGrp/BOYAmt042891905
IRS990/OtherLiabilitiesGrp/EOYAmt045601656
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/BusinessCd2522100
IRS990/OtherRevenueMiscGrp/Desc0DEBIT/CREDIT CARD INCO
IRS990/OtherRevenueMiscGrp/Desc1SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc2INSURANCE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0221679
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt161031
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt217487
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0221679
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt161031
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt217487
IRS990/OtherRevenueTotalAmt0419310
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0345781
IRS990/OtherSalariesAndWagesGrp/TotalAmt0345781
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt033253811
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt038629334
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt016188
IRS990/PaymentsToAffiliatesGrp/TotalAmt016188
IRS990/PayrollTaxesGrp/ProgramServicesAmt055309
IRS990/PayrollTaxesGrp/TotalAmt055309
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03423765
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03512274
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt053474
IRS990/PensionPlanContributionsGrp/TotalAmt053474
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040194
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028315
IRS990/PrincipalOfficerNm0TROY GOULD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01467906
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1212611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01467906
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1212611
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0194563
IRS990/PYOtherExpensesAmt0954317
IRS990/PYOtherRevenueAmt0398378
IRS990/PYProgramServiceRevenueAmt01444627
IRS990/PYRevenuesLessExpensesAmt0531374
IRS990/PYSalariesCompEmpBnftPaidAmt0551877
IRS990/PYTotalExpensesAmt01506194
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02037568
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0479028
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02099827
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04119226
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04598254
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014763366
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012490881
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0799516
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0284575
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01084091
IRS990ScheduleD/EquipmentGrp/BookValueAmt064042
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061410
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125452
IRS990ScheduleD/LandGrp/BookValueAmt0442278
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0442278
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0420064
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035427
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0455491
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045601656
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01725900
IRS990ScheduleD/TotalLiabilityAmt045601656
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A CREDIT UNION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT BOARD MEMBERS WITHIN THEIR RANKS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY MEMBERS APPROVE AUTHORITY FOR THE BOARD OF DIRECTORS TO ACT ON THEIR BEHALF. SPECIAL MEETINGS OF ALL MEMBERS MAY BE CALLED PER ARTICLE IV, SECTION 4.4 OF THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND SIGNED BY THE CEO. THE BOARD DOES NOT REVIEW THE FORM 990 PRIOR TO THE CEO SIGNING IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD USES CUNA SALARY SURVEY, MERIT RESOURCES, AND CUES SALARY SURVEY TO MAKE A DECISION ON CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE KEPT IN THE CEO'S OFFICE AND ARE AVAILABLE UPON REQUEST. FINANCIALS ARE DISTRIBUTED AT ANNUAL MEETING. BALANCE SHEET IS POSTED AT THE CREDIT UNION AND ALL FINANCIALS ARE MADE AVAILABLE ONLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LEGAL RESERVE 88,509.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051685051
IRS990/TotalAssetsEOYAmt054252590
IRS990/TotalAssetsGrp/BOYAmt051685051
IRS990/TotalAssetsGrp/EOYAmt054252590
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01809789
IRS990/TotalFunctionalExpensesGrp/TotalAmt01809789
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044142060
IRS990/TotalLiabilitiesEOYAmt046142062
IRS990/TotalLiabilitiesGrp/BOYAmt044142060
IRS990/TotalLiabilitiesGrp/EOYAmt046142062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07542991
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08110528
IRS990/TotalOtherCompensationAmt013629
IRS990/TotalProgramServiceExpensesAmt01809789
IRS990/TotalProgramServiceRevenueAmt01680517
IRS990/TotalReportableCompFromOrgAmt0146524
IRS990/TotalRevenueGrp/ExclusionAmt0188990
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02099827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02288817
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051685051
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt054252590
IRS990/TotReportableCompRltdOrgAmt00

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,252,590
Liabilities
$46,142,062
Net assets
$8,110,528
Revenue
$2,288,817
Expenses
$1,809,789
Net income
$479,028
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$96.9$80.7$16.2$6.38$5.03$1.35
2023Detailed filing. Detailed filing data is available for this year.$98.1$83.2$14.8$5.57$4.61$0.97
2022Detailed filing. Detailed filing data is available for this year.$98.5$84.6$13.9$4.22$3.37$0.86
2021Detailed filing. Detailed filing data is available for this year.$94.3$81.3$13.0$4.13$3.23$0.89
2020Detailed filing. Detailed filing data is available for this year.$86.7$74.6$12.1$3.93$2.99$0.94
2019Detailed filing. Detailed filing data is available for this year.$75.1$63.9$11.2$3.69$3.06$0.63
2018Detailed filing. Detailed filing data is available for this year.$69.3$58.7$10.6$3.25$2.60$0.65
2017Detailed filing. Detailed filing data is available for this year.$67.0$57.0$9.96$2.87$2.44$0.43
2016Detailed filing. Detailed filing data is available for this year.$54.3$46.1$8.11$2.29$1.81$0.48
2015Detailed filing. Detailed filing data is available for this year.$51.7$44.1$7.54$2.04$1.51$0.53
2014Detailed filing. Detailed filing data is available for this year.$44.7$38.2$6.51$1.74$1.37$0.36
2013Detailed filing. Detailed filing data is available for this year.$42.5$36.4$6.07$1.61$1.30$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$34.0$5.69$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$27.0$4.95$1.31