Civic Intelligence

Mawc Credit Union

EIN 43-0720336 • 501(c)14 • St Louis, MO

Profile

Owned, controlled, & operated for the benefit of our members, mawc credit union is a not-for-profit cooperative, committed to providing fast, friendly, reliable service. We offer competitive lending rates and excellent dividends. We seek to deliver a range of low cost products that will sustain growth and serve the best interest of our members while maintaining financial stability.

727 Craig RoadSt Louis, MO 63141-7175

www.mawccreditunion.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.86x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

24.32x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2019

Net Margin

77th percentile

12%

Higher net margin than 77% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$14,820

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

$1M-$5M nonprofits • Source year 2019

Asset Growth

46th percentile

-7.7%

Faster asset growth than 46% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

-5.8%

Faster revenue growth than 39% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,410,250

Down $200,389 (-7.7%) from 2018

Liabilities

Down

$2,076,783

Down $210,509 (-9.2%) from 2018

Net Assets

Up

$333,467

Up $10,120 (+3.1%) from 2018

Revenue

Down

$85,384

Down $5,251 (-5.8%) from 2018

Expenses

Up

$75,277

Up $2,368 (+3.2%) from 2018

Net Income

Down

$10,107

Down $7,619 (-43%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $2,469,596Liabilities 2010: $2,209,070Net Assets 2010: $260,5262010Assets 2011: $2,403,714Liabilities 2011: $2,139,498Net Assets 2011: $264,2162011Assets 2012: $2,493,888Liabilities 2012: $2,249,905Net Assets 2012: $243,9832012Assets 2013: $2,430,284Liabilities 2013: $2,178,881Net Assets 2013: $251,4032013Assets 2014: $2,370,974Liabilities 2014: $2,093,761Net Assets 2014: $277,2132014Assets 2015: $2,468,122Liabilities 2015: $2,184,690Net Assets 2015: $283,4322015Assets 2016: $2,403,858Liabilities 2016: $2,109,076Net Assets 2016: $294,7822016Assets 2017: $2,544,423Liabilities 2017: $2,238,821Net Assets 2017: $305,6022017Assets 2018: $2,610,639Liabilities 2018: $2,287,292Net Assets 2018: $323,3472018Assets 2019: $2,410,250Liabilities 2019: $2,076,783Net Assets 2019: $333,4672019

Highlighted filing

2019

Assets$2,410,250
Liabilities$2,076,783
Net Assets$333,467

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Expenses 2010: $114,8452010Expenses 2011: $75,1222011Expenses 2012: $90,8872012Revenue 2013: $74,916Expenses 2013: $67,516Net Income 2013: $7,4002013Revenue 2014: $79,374Expenses 2014: $53,578Net Income 2014: $25,7962014Revenue 2015: $81,409Expenses 2015: $75,200Net Income 2015: $6,2092015Revenue 2016: $82,185Expenses 2016: $70,843Net Income 2016: $11,3422016Revenue 2017: $85,375Expenses 2017: $74,571Net Income 2017: $10,8042017Revenue 2018: $90,635Expenses 2018: $72,909Net Income 2018: $17,7262018Revenue 2019: $85,384Expenses 2019: $75,277Net Income 2019: $10,1072019

Highlighted filing

2019

Revenue$85,384
Expenses$75,277
Net Income$10,107

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 20, 2020
Return Version
2019v5.0
Gross Receipts
$85,384
Mission and Program Overview

Mission

Owned, controlled, & operated for the benefit of our members, mawc credit union is a not-for-profit cooperative, committed to providing fast, friendly, reliable service. We offer competitive lending rates and excellent dividends. We seek to deliver a range of low cost products that will sustain growth and serve the best interest of our members while maintaining financial stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,644,805$1,397,442▼ $247,363
Savings and Temporary Cash Investments$934,900$981,947▲ $47,047
Rtn Earn Endowment Incm Other Fnds$323,347$333,467▲ $10,120
Prepaid Expenses and Deferred Charges$3,573$3,675▲ $102
Land, Buildings, and Equipment, Net$1,198$904▼ $294
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,610,639$2,410,250▼ $200,389
Other Assets Total$26,163$26,282▲ $119
Liabilities
Other Liabilities$2,283,961$2,073,339▼ $210,622
Accounts Payable and Accrued Expenses$3,331$3,444▲ $113
Total Liabilities$2,287,292$2,076,783▼ $210,509
Net Assets / Fund Balance
Total Net Assets Fund Balance$323,347$333,467▲ $10,120
Total Liabilities and Net Assets / Fund Balance$2,610,639$2,410,250▼ $200,389

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$904$18,402$19,306
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gina UsseltonManager (current)PT$14,820$14,820
Jean ScottSecretary/manager (thru April 2019)PT$6,945$6,945

Board Members and Trustees

NameTitle
Maureen HannekanPresident
Dawn SpinkVice President
Eddie E BoldenBoard Member
Lynette KernBoard Member
Lance ThompsonSecretary
Clara FaatzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$63,926
Investment Income
$21,458
Other Revenue
$0
Change in Net Assets
$10,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$37,985
Other Expenses$37,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$21,765
Other Salaries and Wages---$14,163
Office Expenses---$9,711
Fees for Services Accounting---$6,653
Insurance---$4,609
Fees for Services Other---$4,276
Payroll Taxes---$2,057
Other Expenses---$1,947
Information Technology---$643
Depreciation Depletion---$293
All Other Expenses---$97
Advertising---$-100
Total Functional Expenses$0$0$0$75,277
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
Member Share Deposits$2,073,339
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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
No
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 credit union is mutually owned by members.

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

The board of directors are elected by the credit union members.

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

Certain significant changes are subject to approval by the credit union members; however no such changes were made during the year.

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

The manager reviews the form 990 before filing.

Form 990, Part VI, Section B, line 15

The board of directors approves all compensation. Deliberations and decisions are documented in the minutes.

Form 990, Part VI, Section C, line 19

The ncua website posts financial information as part of the quarterly call reports. Other documents, policies, and procedures are available upon request.

Filing and Contact Details

Filer

Filer Name
Mawc Credit Union
EIN
43-0720336
Phone
3149962399
Address
727 CRAIG ROAD, ST LOUIS, MO 63141-7175

Signing Officer

Name
Gina Usselton
Title
Manager
Phone
3149962399
Signed
2020-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Usselton
Formed
1940
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
12

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061
Preparer
Jerry Tenbrink
Phone
9138946214
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

NEW MEMBER FEES 13.

Raw XML Appendix337 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/MANAGER (THRU APRIL 2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt7MANAGER (CURRENT)
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/GrantToRelatedPersonInd00
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt076
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IRS990/MissionDesc0OWNED, CONTROLLED, & OPERATED FOR THE BENEFIT OF OUR MEMBERS, MAWC CREDIT UNION IS A NOT-FOR-PROFIT COOPERATIVE, COMMITTED TO PROVIDING FAST, FRIENDLY, RELIABLE SERVICE. WE OFFER COMPETITIVE LENDING RATES AND EXCELLENT DIVIDENDS. WE SEEK TO DELIVER A RANGE OF LOW COST PRODUCTS THAT WILL SUSTAIN GROWTH AND SERVE THE BEST INTEREST OF OUR MEMBERS WHILE MAINTAINING FINANCIAL STABILITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2019, THERE WERE 107 LOANS OUTSTANDING TOTALING $1,402,442.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER NO SUCH CHANGES WERE MADE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGER REVIEWS THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS APPROVES ALL COMPENSATION. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NEW MEMBER FEES 13.
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 15
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02610639
IRS990/TotalAssetsEOYAmt02410250
IRS990/TotalAssetsGrp/BOYAmt02610639
IRS990/TotalAssetsGrp/EOYAmt02410250
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt075277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02287292
IRS990/TotalLiabilitiesEOYAmt02076783
IRS990/TotalLiabilitiesGrp/BOYAmt02287292
IRS990/TotalLiabilitiesGrp/EOYAmt02076783
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0323347
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0333467
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt063926
IRS990/TotalReportableCompFromOrgAmt021765
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt085384
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt085384
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02610639
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02410250
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0727 CRAIG ROAD
IRS990/USAddress/CityNm0ST LOUIS
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd0631417175
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MAWCCREDITUNION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GINA USSELTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03149962399
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAWC CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MAWC
ReturnHeader/Filer/EIN0430720336
ReturnHeader/Filer/PhoneNum03149962399
ReturnHeader/Filer/USAddress/AddressLine1Txt0727 CRAIG ROAD
ReturnHeader/Filer/USAddress/CityNm0ST LOUIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd0631417175
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId090B5988E53CBDDD12AFD5F67CACC6EB659604036
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId090B5988E53CBDDD12AFD5F67CACC6EB659604036
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.87.82.114
ReturnHeader/FilingSecurityInformation/IPDt02020-03-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:51:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810781371
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J TENBRINK & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011272 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLATHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066061
ReturnHeader/PreparerPersonGrp/PhoneNum09138946214
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY TENBRINK
ReturnHeader/ReturnTs02020-03-20T16:51:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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