Civic Intelligence

De Soto Mo Pac Credit Union

990 • Fiscal year 2013 • EIN 43-0722166

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 01, 2014

418 N Main StDe Soto, MO 63020

(636) 586-9922

Siviq Scores

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

Liabilities / Assets

1st percentile

0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

2nd percentile

0.02x

Higher debt load relative to revenue than 2% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

89th percentile

18%

Higher net margin than 89% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

22nd percentile

$47,585

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$10,514,514

No earlier filing loaded for comparison.

Net Assets

$10,506,032

No earlier filing loaded for comparison.

Liabilities

$8,482

No earlier filing loaded for comparison.

Revenue

$465,835

No earlier filing loaded for comparison.

Expenses

$380,777

No earlier filing loaded for comparison.

Net Income

$85,058

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.

$30M$20M$10M$0Assets 2013: $10,514,514Liabilities 2013: $8,482Net Assets 2013: $10,506,0322013Assets 2014: $11,438,213Liabilities 2014: $15,451Net Assets 2014: $11,422,7622014Assets 2015: $12,618,834Liabilities 2015: $22,018Net Assets 2015: $12,596,8162015Assets 2016: $14,964,326Liabilities 2016: $28,679Net Assets 2016: $14,935,6472016Assets 2017: $16,221,539Liabilities 2017: $34,657Net Assets 2017: $16,186,8822017Assets 2018: $16,384,235Liabilities 2018: $29,448Net Assets 2018: $16,354,7872018Assets 2019: $17,224,894Liabilities 2019: $32,770Net Assets 2019: $17,192,1242019Assets 2020: $19,954,911Liabilities 2020: $124,026Net Assets 2020: $19,830,8852020Assets 2021: $21,956,500Liabilities 2021: $82,679Net Assets 2021: $21,873,8212021Assets 2022: $21,578,212Liabilities 2022: $117,019Net Assets 2022: $21,461,1932022Assets 2023: $20,706,044Liabilities 2023: $140,175Net Assets 2023: $20,565,8692023Assets 2024: $23,428,551Liabilities 2024: $87,143Net Assets 2024: $23,341,4082024

Highlighted filing

2013

Assets$10,514,514
Liabilities$8,482
Net Assets$10,506,032

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2013: $465,835Expenses 2013: $380,777Net Income 2013: $85,0582013Revenue 2014: $521,095Expenses 2014: $411,967Net Income 2014: $109,1282014Revenue 2015: $611,790Expenses 2015: $474,939Net Income 2015: $136,8512015Revenue 2016: $703,408Expenses 2016: $532,259Net Income 2016: $171,1492016Revenue 2017: $771,377Expenses 2017: $630,359Net Income 2017: $141,0182017Revenue 2018: $797,798Expenses 2018: $660,533Net Income 2018: $137,2652018Revenue 2019: $878,885Expenses 2019: $700,596Net Income 2019: $178,2892019Revenue 2020: $837,008Expenses 2020: $727,742Net Income 2020: $109,2662020Revenue 2021: $804,617Expenses 2021: $666,637Net Income 2021: $137,9802021Revenue 2022: $919,541Expenses 2022: $698,750Net Income 2022: $220,7912022Revenue 2023: $1,102,950Expenses 2023: $968,123Net Income 2023: $134,8272023Revenue 2024: $1,218,315Expenses 2024: $1,056,508Net Income 2024: $161,8072024

Highlighted filing

2013

Revenue$465,835
Expenses$380,777
Net Income$85,058
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 1, 2014
Return Version
2013v3.1
Gross Receipts
$465,835
Mission and Program Overview

Mission

Non-profit credit union formed to encourage thrift among its members. We create a source of credit at a fair and reasonable rate of interest and provide our members with earnings, savings, benefits and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$9,281,549$10,506,032▲ $1,224,483
Other Notes and Loans Receivable, Net$6,083,706$6,937,841▲ $854,135
Investments Other Securities$1,885,702$2,362,012▲ $476,310
Savings and Temporary Cash Investments$1,069,206$969,788▼ $99,418
Cash and Non-Interest-Bearing Accounts$104,365$97,407▼ $6,958
Receivables From Officers Etc$30,063$22,846▼ $7,217
Land, Buildings, and Equipment, Net$11,828$10,326▼ $1,502
Total Assets$9,290,398$10,514,514▲ $1,224,116
Other Assets Total$105,528$114,294▲ $8,766
Liabilities
Other Liabilities$8,849$8,482▼ $367
Total Liabilities$8,849$8,482▼ $367
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,281,549$10,506,032▲ $1,224,483
Total Liabilities and Net Assets / Fund Balance$9,290,398$10,514,514▲ $1,224,116

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,326$58,946$69,272
Leasehold Improvements-$726$726
Other Securities$2,777--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa ThebeauTreas./mgrFT$47,585$47,585

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$465,835
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$85,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,389
Salaries, Compensation, and Employee Benefits$116,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$106,985
All Other Expenses---$101,133
Other Expenses---$21,158
Payroll Taxes---$9,318
Occupancy---$8,089
Fees for Services Legal---$5,121
Depreciation Depletion---$4,497
Fees for Services Accounting---$2,905
Conferences and Meetings---$740
Pension Plan Contributions---$85
Total Functional Expenses$0$0$0$380,777
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$30,063$22,846▼ $7,217
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State Credit Union Tax Payable$4,000
Ncusif Liability$1,555
Taxes Payable$1,169
Audit Expense Payable$745
Federal Tax$580
Mo Tax$314
Credit Disability Insurance$119
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

John kite melissa thebeau chairman treasurer father/daughter john rogers michael o'shea vice-chair member father-in-law/son-in-law

Form 990, Page 6, Part VI, Line 7A

The stockholders elect the board members.

Form 990, Page 6, Part VI, Line 11B

The treasurer of the board reviews and files form 990.

Form 990, Page 6, Part VI, Line 19

Form 990 is made available to the public at www.guidestar.org.

Filing and Contact Details

Filer

EIN
43-0722166
Phone
6365869922

Signing Officer

Name
Melissa Thebeau
Title
Treasurer
Phone
6365869922
Signed
2014-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Thebeau
Formed
1939
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Preparer
MICHAEL P O'SHEA CPA
Phone
6369378351
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Casualty insurance 10,487 0 0 taxes 9,657 0 0 life savings expense 8,747 0 0 mo cu fees 8,136 0 0 loan expense 7,160 0 0 atm monthly fee 6,900 0 0 ncusif member share ins. 6,707 0 0 statement printing 6,307 0 0 ach & mccu expense 5,561 0 0 utilities 5,197 0 0 home equity loan expense 4,258 0 0 data processing fees 3,763 0 0 credit reports 3,634 0 0 supervision fee 3,468 0 0 culs loan program expense 2,945 0 0 internet service 2,800 0 0 billpay expense 2,396 0 0 postage 1,787 0 0 recording lien expense 1,223 0 0

Form 990, Part XI, Line 9

Increase in share drafts 35,970 increase in regular shares 862,228 increase in certificates 241,227

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01069206
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0969788
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt010326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058946
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069272
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0726
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STATE CREDIT UNION TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NCUSIF LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3AUDIT EXPENSE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4FEDERAL TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5MO TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6CREDIT DISABILITY INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02049000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1310235
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22777
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES HELD
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MO CORP CREDIT UNION
IRS990ScheduleD/OtherSecuritiesGrp/Desc2ACCRUED INTEREST ON INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010326
IRS990ScheduleD/TotalBookValueSecuritiesAmt02362012
IRS990ScheduleD/TotalLiabilityAmt08482
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt016796
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt14986
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt21064
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0AUTOMOBILE PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PAY BILLS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2AUTOMOBILE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt022316
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt15000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt27945
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROGER MARLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1KENNETH SISSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2MARVIN JINKERSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt022846
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN KITE MELISSA THEBEAU CHAIRMAN TREASURER FATHER/DAUGHTER JOHN ROGERS MICHAEL O'SHEA VICE-CHAIR MEMBER FATHER-IN-LAW/SON-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE STOCKHOLDERS ELECT THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER OF THE BOARD REVIEWS AND FILES FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS MADE AVAILABLE TO THE PUBLIC AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CASUALTY INSURANCE 10,487 0 0 TAXES 9,657 0 0 LIFE SAVINGS EXPENSE 8,747 0 0 MO CU FEES 8,136 0 0 LOAN EXPENSE 7,160 0 0 ATM MONTHLY FEE 6,900 0 0 NCUSIF MEMBER SHARE INS. 6,707 0 0 STATEMENT PRINTING 6,307 0 0 ACH & MCCU EXPENSE 5,561 0 0 UTILITIES 5,197 0 0 HOME EQUITY LOAN EXPENSE 4,258 0 0 DATA PROCESSING FEES 3,763 0 0 CREDIT REPORTS 3,634 0 0 SUPERVISION FEE 3,468 0 0 CULS LOAN PROGRAM EXPENSE 2,945 0 0 INTERNET SERVICE 2,800 0 0 BILLPAY EXPENSE 2,396 0 0 POSTAGE 1,787 0 0 RECORDING LIEN EXPENSE 1,223 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INCREASE IN SHARE DRAFTS 35,970 INCREASE IN REGULAR SHARES 862,228 INCREASE IN CERTIFICATES 241,227
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09290398
IRS990/TotalAssetsEOYAmt010514514
IRS990/TotalAssetsGrp/BOYAmt09290398
IRS990/TotalAssetsGrp/EOYAmt010514514
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0380777
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08849
IRS990/TotalLiabilitiesEOYAmt08482
IRS990/TotalLiabilitiesGrp/BOYAmt08849
IRS990/TotalLiabilitiesGrp/EOYAmt08482
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09281549
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010506032
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05939
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05939
IRS990/TotalProgramServiceExpensesAmt0380777
IRS990/TotalProgramServiceRevenueAmt0465835
IRS990/TotalReportableCompFromOrgAmt047585
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0465835
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0465835
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09290398
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010514514
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine10105 NORTH 4TH STREET
IRS990/USAddress/City0DE SOTO
IRS990/USAddress/State0MO
IRS990/USAddress/ZIPCode063020
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.DESOTOMOPACCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA THEBEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06365869922
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10DE SOTO MO PAC CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0DESO
ReturnHeader/Filer/EIN0430722166
ReturnHeader/Filer/PhoneNum06365869922
ReturnHeader/Filer/USAddress/AddressLine10418 N MAIN ST
ReturnHeader/Filer/USAddress/City0DE SOTO
ReturnHeader/Filer/USAddress/State0MO
ReturnHeader/Filer/USAddress/ZIPCode063020
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CROUCH FARLEY & HEURING PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 776
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0FESTUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0630280776
ReturnHeader/PreparerPersonGrp/PhoneNum06369378351
ReturnHeader/PreparerPersonGrp/PreparationDt02014-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P O'SHEA CPA
ReturnHeader/ReturnTs02014-07-01T11:30:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01

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