Civic Intelligence

Academic Employees Credit Union

990 • Fiscal year 2019 • EIN 43-6031443

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

Organization ProfileWWW.ACADEMICECU.COM

View Organization Page

2804 West AshColumbia, MO 65203

(573) 445-1845

Siviq Scores

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

Liabilities / Assets

97th percentile

0.93x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

56th percentile

18.16x

Higher debt load relative to revenue than 56% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Net Margin

43rd percentile

9.4%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$75,494

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Asset Growth

36th percentile

-0.3%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

0.3%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$10,431,792

Down $30,981 (-0.3%) from 2018

Net Assets

Up

$734,650

Up $49,953 (+7.3%) from 2018

Liabilities

Down

$9,697,142

Down $80,934 (-0.8%) from 2018

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin43rd percentile

Revenue

Up

$533,923

Up $1,462 (+0.3%) from 2018

Expenses

Down

$483,970

Down $28,213 (-5.5%) from 2018

Net Income

Up

$49,953

Up $29,675 (+146%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$15M$10M$5.0M$0Assets 2011: $8,443,242Liabilities 2011: $7,954,046Net Assets 2011: $489,1962011Assets 2012: $9,442,283Liabilities 2012: $8,918,680Net Assets 2012: $523,6032012Assets 2013: $10,134,647Liabilities 2013: $9,601,518Net Assets 2013: $533,1292013Assets 2014: $9,732,716Liabilities 2014: $9,190,639Net Assets 2014: $542,0772014Assets 2015: $9,857,899Liabilities 2015: $9,301,092Net Assets 2015: $556,8072015Assets 2016: $9,857,155Liabilities 2016: $9,249,928Net Assets 2016: $607,2272016Assets 2017: $10,570,751Liabilities 2017: $9,906,332Net Assets 2017: $664,4192017Assets 2018: $10,462,773Liabilities 2018: $9,778,076Net Assets 2018: $684,6972018Assets 2019: $10,431,792Liabilities 2019: $9,697,142Net Assets 2019: $734,6502019Assets 2020: $12,920,048Liabilities 2020: $12,171,157Net Assets 2020: $748,8912020Assets 2021: $13,915,353Liabilities 2021: $13,214,740Net Assets 2021: $700,6132021Assets 2022: $14,014,709Liabilities 2022: $13,287,433Net Assets 2022: $727,2762022Assets 2023: $14,339,571Liabilities 2023: $13,545,509Net Assets 2023: $794,0622023Assets 2024: $14,729,109Liabilities 2024: $13,711,883Net Assets 2024: $1,017,2262024

Highlighted filing

2019

Assets$10,431,792
Liabilities$9,697,142
Net Assets$734,650
Open 2019 Filing

Operations Trend

Revenue Growth18th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $558,8072011Expenses 2012: $537,3522012Revenue 2013: $576,103Expenses 2013: $566,577Net Income 2013: $9,5262013Revenue 2014: $551,872Expenses 2014: $542,924Net Income 2014: $8,9482014Revenue 2015: $534,159Expenses 2015: $519,429Net Income 2015: $14,7302015Revenue 2016: $509,959Expenses 2016: $459,539Net Income 2016: $50,4202016Revenue 2017: $508,031Expenses 2017: $450,839Net Income 2017: $57,1922017Revenue 2018: $532,461Expenses 2018: $512,183Net Income 2018: $20,2782018Revenue 2019: $533,923Expenses 2019: $483,970Net Income 2019: $49,9532019Revenue 2020: $496,190Expenses 2020: $481,949Net Income 2020: $14,2412020Revenue 2021: $464,680Expenses 2021: $512,958Net Income 2021: -$48,2782021Revenue 2022: $541,672Expenses 2022: $515,009Net Income 2022: $26,6632022Revenue 2023: $653,812Expenses 2023: $587,026Net Income 2023: $66,7862023Revenue 2024: $774,448Expenses 2024: $551,284Net Income 2024: $223,1642024

Highlighted filing

2019

Revenue$533,923
Expenses$483,970
Net Income$49,953
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$533,923
Mission and Program Overview

Mission

To promote thrift among its members, by affording them an opportunity for accumulating their savings; to create for them a source of credit at fair & reasonable rates of interest; to provide the opportunity for the members to use and control their money for their mutual benefit; to educate members in the prudent use of money & credit; to operate in the spirit of cooperation & not for profit; to improve the community in which it operates, and to provide other fiscal & financial services.

To promote thrift among its members, by affording them an opportunity for accumulating their savings; to create a source of credit at fair & reasonable rates of interest; to provide the opportunity for the members to use and control their money for their mutual benefit; to educate members in the prudent use of money & credit; to operate in the spirit of cooperation - not for profit; to improve the community in which it operates, and to provide other fiscal & financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,699,942$5,641,718▼ $58,224
Savings and Temporary Cash Investments$3,751,205$3,835,057▲ $83,852
Land, Buildings, and Equipment, Net$703,140$688,910▼ $14,230
Cash and Non-Interest-Bearing Accounts$191,246$151,183▼ $40,063
Prepaid Expenses and Deferred Charges$18,350$17,421▼ $929
Total Assets$10,462,773$10,431,792▼ $30,981
Other Assets Total$98,890$97,503▼ $1,387
Liabilities
Other Liabilities$9,750,312$9,663,735▼ $86,577
Accounts Payable and Accrued Expenses$27,764$33,407▲ $5,643
Total Liabilities$9,778,076$9,697,142▼ $80,934
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$684,697$734,650▲ $49,953
Total Net Assets Fund Balance$684,697$734,650▲ $49,953
Total Liabilities and Net Assets / Fund Balance$10,462,773$10,431,792▼ $30,981

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$322,779$92,223$415,002
Equipment$673$173,553$174,226
Leasehold Improvements$458$20,471$20,929
Land$365,000--
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
K Sky PoindexterCredit UnionFT$64,267$11,227$75,494

Board Members and Trustees

NameTitle
Judy ParsonsChairman
Russ SackreiterVice Chair
Mel RobertsDirector
Sandra LoganDirector
Thaddeus HamiltonDirector
Susan VandeloechtSecretary
Jennifer Black ConeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$339,010
Investment Income
$66,958
Other Revenue
$127,955
Change in Net Assets
$49,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,923
Revenue Not Reported on Form 990
$-166
Total Revenue per Audited Statements
$533,757
Total Revenue per Form 990
$533,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$294,813
Salaries, Compensation, and Employee Benefits$189,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$71,981
Current Officers, Directors, Trustees, and Key Employees---$64,267
Occupancy---$54,508
Other Employee Benefits---$36,038
Office Expenses---$18,259
Other Expenses---$15,900
Depreciation Depletion---$14,577
All Other Expenses---$14,003
Insurance---$13,032
Payroll Taxes---$10,748
Pension Plan Contributions---$6,123
Interest---$1,043
Travel---$75
Total Functional Expenses$0$0$0$483,970

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$483,970
Total Expenses per Form 990$483,970
Total Expenses per Audited Statements$483,804
Expenses Not Reported on Form 990$-166
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' SHARE ACCOUNTS$6,212,651
MEMBERS' SHARE DRAFTS$3,217,203
MEMBERS' SHARE CERTIFICATES$233,881
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 7A

“Members may elect one or more members of the governing body.”

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

“A copy of the 990 and 990t will be included in the board packet and reviewed by the board at the next board meeting and documented in the minutes.”

Form 990, Page 6, Part VI, Line 12C

“Board members sign a conflicts of interest agreement each year at the annual meeting.”

Form 990, Page 6, Part VI, Line 15A

“Review sheets are given to each board member. Each board member scores the president in a variety of areas. The scores are compiled and averaged. The board chairman reviews these areas with the president. Annual increases awarded to the president range from 0% to 5% increases, with a 5% increase being rare.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Academic Employees Credit Union
EIN
43-6031443
Phone
5734451845
Address
2804 WEST ASH, COLUMBIA, MO 65203

Signing Officer

Name
K Sky Poindexter
Title
Credit Union Pres.
Phone
5734451845
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
K Sky Poindexter
Formed
1936
Voting Board Members
7
Independent Board Members
0
Employees
5
Volunteers
12

Preparer

Firm
GERDING KORTE & CHITWOOD PC CPA'S
Address
20 SOUTH FIFTH STREET, COLUMBIA, MO 65201
Preparer
Amy L Watson
Phone
5734491599
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote thrift among its members, by affording them an opportunity for accumulating their savings; to create a source of credit at fair & reasonable rates of interest; to provide the opportunity for the members to use and control their money for their mutual benefit; to educate members in the prudent use of money & credit; to operate in the spirit of cooperation - not for profit; to improve the community in which it operates, and to provide other fiscal & financial services.”

Form 990, Page 1, Part I, Line 6

“Board members and supervisory committee members are volunteers.”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Interest expense (dividends)netted against income -1,043 provision for loan losses netted against income 877”

Schedule D, Page 4, Part XII, Line 2D

“Interest expense (dividends)netted against income -1,043 provision for loan losses netted against income 877”

Raw XML Appendix357 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt027764
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033407
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.
IRS990/AllOtherExpensesGrp/TotalAmt014003
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ACADEMIC EMPLOYEES CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum05734451845
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02804 WEST ASH
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd065203
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0191246
IRS990/CashNonInterestBearingGrp/EOYAmt0151183
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt064267
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt066958
IRS990/CYOtherExpensesAmt0294813
IRS990/CYOtherRevenueAmt0127955
IRS990/CYProgramServiceRevenueAmt0339010
IRS990/CYRevenuesLessExpensesAmt049953
IRS990/CYSalariesCompEmpBnftPaidAmt0189157
IRS990/CYTotalExpensesAmt0483970
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0533923
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt014577
IRS990/Desc0TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE FOR THEM A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011227
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0K SKY POINDEXTER
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER BLACK CONE
IRS990/Form990PartVIISectionAGrp/PersonNm2THADDEUS HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm3SANDRA LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JUDY PARSONS
IRS990/Form990PartVIISectionAGrp/PersonNm5MEL ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm6RUSS SACKREITER
IRS990/Form990PartVIISectionAGrp/PersonNm7SUSAN VANDELOECHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt064267
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CREDIT UNION
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0533923
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt013032
IRS990/InterestGrp/TotalAmt01043
IRS990/InvestmentIncomeGrp/ExclusionAmt066958
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt066958
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0286247
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0703140
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0688910
IRS990/LandBldgEquipCostOrOtherBssAmt0975157
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0684697
IRS990/NetAssetsOrFundBalancesEOYAmt0734650
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0684697
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0734650
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt054508
IRS990/OfficeExpensesGrp/TotalAmt018259
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt098890
IRS990/OtherAssetsTotalGrp/EOYAmt097503
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036038
IRS990/OtherExpensesGrp/Desc0MEMBER PRODUCT EXPENSE
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING FEES
IRS990/OtherExpensesGrp/Desc3EDUCATION AND PROMOTION
IRS990/OtherExpensesGrp/TotalAmt096403
IRS990/OtherExpensesGrp/TotalAmt148586
IRS990/OtherExpensesGrp/TotalAmt218427
IRS990/OtherExpensesGrp/TotalAmt315900
IRS990/OtherLiabilitiesGrp/BOYAmt09750312
IRS990/OtherLiabilitiesGrp/EOYAmt09663735
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0FEES AND SERVICE CHARGES
IRS990/OtherRevenueMiscGrp/Desc1WARRANTY & ATM FEES(NONMBR)
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0127322
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0127322
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1633
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0633
IRS990/OtherRevenueTotalAmt0127955
IRS990/OtherSalariesAndWagesGrp/TotalAmt071981
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05699942
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05641718
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt010748
IRS990/PensionPlanContributionsGrp/TotalAmt06123
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018350
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017421
IRS990/PrincipalOfficerNm0K SKY POINDEXTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0339010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0339010
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt044952
IRS990/PYOtherExpensesAmt0332704
IRS990/PYOtherRevenueAmt0131559
IRS990/PYProgramServiceRevenueAmt0355950
IRS990/PYRevenuesLessExpensesAmt020278
IRS990/PYSalariesCompEmpBnftPaidAmt0179479
IRS990/PYTotalExpensesAmt0512183
IRS990/PYTotalRevenueAmt0532461
IRS990/ReconcilationRevenueExpnssAmt049953
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03751205
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03835057
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0673
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0173553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0174226
IRS990ScheduleD/ExpensesNotReportedAmt0-166
IRS990ScheduleD/ExpensesSubtotalAmt0483970
IRS990ScheduleD/LandGrp/BookValueAmt0365000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0365000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0458
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt020471
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020929
IRS990ScheduleD/OtherExpensesIncludedAmt0-166
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0322779
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt092223
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0415002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06212651
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13217203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2233881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARE ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS' SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MEMBERS' SHARE CERTIFICATES
IRS990ScheduleD/OtherRevenueAmt0-166
IRS990ScheduleD/RevenueNotReportedAmt0-166
IRS990ScheduleD/RevenueSubtotalAmt0533923
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTEREST EXPENSE (DIVIDENDS)NETTED AGAINST INCOME -1,043 PROVISION FOR LOAN LOSSES NETTED AGAINST INCOME 877
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST EXPENSE (DIVIDENDS)NETTED AGAINST INCOME -1,043 PROVISION FOR LOAN LOSSES NETTED AGAINST INCOME 877
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0688910
IRS990ScheduleD/TotalExpensesPerForm990Amt0483970
IRS990ScheduleD/TotalLiabilityAmt09663735
IRS990ScheduleD/TotalRevenuePerForm990Amt0533923
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0533757
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0483804
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND SUPERVISORY COMMITTEE MEMBERS ARE VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 AND 990T WILL BE INCLUDED IN THE BOARD PACKET AND REVIEWED BY THE BOARD AT THE NEXT BOARD MEETING AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS SIGN A CONFLICTS OF INTEREST AGREEMENT EACH YEAR AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEW SHEETS ARE GIVEN TO EACH BOARD MEMBER. EACH BOARD MEMBER SCORES THE PRESIDENT IN A VARIETY OF AREAS. THE SCORES ARE COMPILED AND AVERAGED. THE BOARD CHAIRMAN REVIEWS THESE AREAS WITH THE PRESIDENT. ANNUAL INCREASES AWARDED TO THE PRESIDENT RANGE FROM 0% TO 5% INCREASES, WITH A 5% INCREASE BEING RARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010462773
IRS990/TotalAssetsEOYAmt010431792
IRS990/TotalAssetsGrp/BOYAmt010462773
IRS990/TotalAssetsGrp/EOYAmt010431792
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0483970
IRS990/TotalGrossUBIAmt0633
IRS990/TotalLiabilitiesBOYAmt09778076
IRS990/TotalLiabilitiesEOYAmt09697142
IRS990/TotalLiabilitiesGrp/BOYAmt09778076
IRS990/TotalLiabilitiesGrp/EOYAmt09697142
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0684697
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0734650
IRS990/TotalOtherCompensationAmt011227
IRS990/TotalProgramServiceRevenueAmt0339010
IRS990/TotalReportableCompFromOrgAmt064267
IRS990/TotalRevenueGrp/ExclusionAmt066958
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0466332
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0533923
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0633
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010462773
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010431792
IRS990/TravelGrp/TotalAmt075
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02804 WEST ASH
IRS990/USAddress/CityNm0COLUMBIA
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd065203
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.ACADEMICECU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0K SKY POINDEXTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CREDIT UNION PRES.
ReturnHeader/BusinessOfficerGrp/PhoneNum05734451845
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMIC EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0436031443
ReturnHeader/Filer/PhoneNum05734451845
ReturnHeader/Filer/USAddress/AddressLine1Txt02804 WEST ASH
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd065203
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08FBC130FFB5302EC01B3E4B020AD9BD639F9EA66
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08FBC130FFB5302EC01B3E4B020AD9BD639F9EA66
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.117.162.19
ReturnHeader/FilingSecurityInformation/IPDt02020-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:10:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431260512
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GERDING KORTE & CHITWOOD PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 SOUTH FIFTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd065201
ReturnHeader/PreparerPersonGrp/PhoneNum05734491599
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY L WATSON
ReturnHeader/ReturnTs02020-11-09T09:10:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,431,792
Liabilities
$9,697,142
Net assets
$734,650
Revenue
$533,923
Expenses
$483,970
Net income
$49,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.7$13.7$1.02$0.77$0.55$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$13.5$0.79$0.65$0.59$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$13.3$0.73$0.54$0.52$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$13.2$0.70$0.46$0.51$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$12.2$0.75$0.50$0.48$0.01
2019Detailed filing. Detailed filing data is available for this year.$10.4$9.70$0.73$0.53$0.48$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$9.78$0.68$0.53$0.51$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$9.91$0.66$0.51$0.45$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$9.25$0.61$0.51$0.46$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$9.30$0.56$0.53$0.52$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$9.19$0.54$0.55$0.54$0.01
2013Detailed filing. Detailed filing data is available for this year.$10.1$9.60$0.53$0.58$0.57$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.44$8.92$0.52$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$7.95$0.49$0.56