Civic Intelligence

Mercy Credit Union

990 • Fiscal year 2016 • EIN 43-6203095

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 30, 2017

1444 E SunshineSpringfield, MO 65804

(417) 820-2931

Siviq Scores

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

Liabilities / Assets

80th percentile

0.91x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

24.38x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

36th percentile

5.6%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

26th percentile

$113,388

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

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

Asset Growth

98th percentile

17%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

96th percentile

23%

Faster revenue growth than 96% of similar nonprofits.

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

Assets

Up

$59,255,805

Up $8,495,343 (+17%) from 2015

Net Assets

Up

$5,351,975

Up $500,778 (+10%) from 2015

Liabilities

Up

$53,903,830

Up $7,994,565 (+17%) from 2015

Revenue

Up

$2,210,605

Up $409,191 (+23%) from 2015

Expenses

Up

$2,087,801

Up $332,339 (+19%) from 2015

Net Income

Up

$122,804

Up $76,852 (+167%) from 2015

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $36,669,039Liabilities 2010: $32,495,003Net Assets 2010: $4,174,0362010Assets 2011: $38,989,385Liabilities 2011: $34,559,637Net Assets 2011: $4,429,7482011Assets 2012: $44,299,847Liabilities 2012: $39,381,491Net Assets 2012: $4,918,3562012Assets 2013: $45,261,314Liabilities 2013: $40,510,759Net Assets 2013: $4,750,5552013Assets 2014: $47,938,540Liabilities 2014: $43,114,607Net Assets 2014: $4,823,9332014Assets 2015: $50,760,462Liabilities 2015: $45,909,265Net Assets 2015: $4,851,1972015Assets 2016: $59,255,805Liabilities 2016: $53,903,830Net Assets 2016: $5,351,9752016Assets 2017: $61,238,792Liabilities 2017: $55,755,728Net Assets 2017: $5,483,0642017Assets 2018: $64,144,699Liabilities 2018: $58,373,225Net Assets 2018: $5,771,4742018Assets 2019: $62,762,527Liabilities 2019: $56,566,569Net Assets 2019: $6,195,9582019Assets 2020: $77,564,166Liabilities 2020: $71,062,570Net Assets 2020: $6,501,5962020Assets 2021: $87,100,295Liabilities 2021: $80,437,599Net Assets 2021: $6,662,6962021Assets 2022: $86,452,306Liabilities 2022: $79,504,498Net Assets 2022: $6,947,8082022Assets 2023: $82,689,452Liabilities 2023: $74,520,031Net Assets 2023: $8,169,4212023Assets 2024: $82,562,351Liabilities 2024: $73,165,763Net Assets 2024: $9,396,5882024

Highlighted filing

2016

Assets$59,255,805
Liabilities$53,903,830
Net Assets$5,351,975

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,349,4142010Expenses 2011: $1,319,6672011Revenue 2012: $1,697,510Expenses 2012: $1,345,933Net Income 2012: $351,5772012Revenue 2013: $1,508,155Expenses 2013: $1,509,593Net Income 2013: -$1,4382013Revenue 2014: $1,578,710Expenses 2014: $1,564,611Net Income 2014: $14,0992014Revenue 2015: $1,801,414Expenses 2015: $1,755,462Net Income 2015: $45,9522015Revenue 2016: $2,210,605Expenses 2016: $2,087,801Net Income 2016: $122,8042016Revenue 2017: $2,421,790Expenses 2017: $2,282,528Net Income 2017: $139,2622017Revenue 2018: $2,978,092Expenses 2018: $2,682,023Net Income 2018: $296,0692018Revenue 2019: $3,223,119Expenses 2019: $2,819,965Net Income 2019: $403,1542019Revenue 2020: $3,011,698Expenses 2020: $2,713,723Net Income 2020: $297,9752020Revenue 2021: $3,013,320Expenses 2021: $2,796,028Net Income 2021: $217,2922021Revenue 2022: $3,619,059Expenses 2022: $2,958,765Net Income 2022: $660,2942022Revenue 2023: $4,285,495Expenses 2023: $3,185,591Net Income 2023: $1,099,9042023Revenue 2024: $4,769,409Expenses 2024: $3,657,699Net Income 2024: $1,111,7102024

Highlighted filing

2016

Revenue$2,210,605
Expenses$2,087,801
Net Income$122,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 30, 2017
Return Version
2016v3.0
Gross Receipts
$2,210,605
Mission and Program Overview

Mission

Established to provide quality financial services to members who share our common bond and exist for the financial benefit of the members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$30,420,976$34,668,930▲ $4,247,954
Investments Other Securities$12,563,664$13,185,383▲ $621,719
Savings and Temporary Cash Investments$6,073,217$9,434,087▲ $3,360,870
Rtn Earn Endowment Incm Other Fnds$4,851,197$5,351,975▲ $500,778
Cash and Non-Interest-Bearing Accounts$915,750$1,183,181▲ $267,431
Investments Program Related$441,737$534,643▲ $92,906
Land, Buildings, and Equipment, Net$125,018$106,930▼ $18,088
Prepaid Expenses and Deferred Charges$141,429$51,575▼ $89,854
Total Assets$50,760,462$59,255,805▲ $8,495,343
Other Assets Total$78,671$91,076▲ $12,405
Liabilities
Other Liabilities$45,721,277$53,585,880▲ $7,864,603
Accounts Payable and Accrued Expenses$187,988$317,950▲ $129,962
Total Liabilities$45,909,265$53,903,830▲ $7,994,565
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,851,197$5,351,975▲ $500,778
Total Liabilities and Net Assets / Fund Balance$50,760,462$59,255,805▲ $8,495,343

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$106,930$710,045$816,975
Other Securities$1,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tammy RowdenManagerFT$79,328$34,060$113,388

Board Members and Trustees

NameTitle
Russ ConroyChairman
Brad SmithVice Chairma
Dane DouglasBoard Member
Keith MinnisBoard Member
Louis PoundsBoard Member
Connie SniderSecretary
Scott ReynoldsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,032,083
Investment Income
$178,522
Other Revenue
$0
Change in Net Assets
$122,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,110,328
Salaries, Compensation, and Employee Benefits$977,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$636,242
Fees for Services Other---$336,300
Other Employee Benefits---$191,986
Interest---$156,416
Office Expenses---$122,003
Current Officers, Directors, Trustees, and Key Employees---$107,093
Occupancy---$82,365
Depreciation Depletion---$70,339
Payroll Taxes---$42,152
Insurance---$30,725
Travel---$25,098
Other Expenses---$21,629
Fees for Services Accounting---$11,800
All Other Expenses---$8,323
Fees for Services Legal---$2,973
Total Functional Expenses$0$0$0$2,087,801
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'S SHARES AND SAVINGS ACCOUNTS$53,585,880
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 6

The members of the credit union are considered to be the owners of the organization.

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

The members of the credit union elect all of the board of directors for three year terms.

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

Any changes to the by-laws governing the credit union are required to have approval from the credit union members.

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

The initial review of the return is performed by the manager of the credit union. After that is complete, a copy of the return is presented to the board of directors at their next meeting.

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

The human resource department determines the top management official's compensation and benefits based on a review of external salary reports and the performance of the organization. The board of directors apprroves the compensation package.

Form 990, Page 6, Part VI, Line 19

Copies of the credit union governing documents, financial statements, and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mercy Credit Union
EIN
43-6203095
Phone
4178202931
Address
1444 E SUNSHINE, SPRINGFIELD, MO 65804

Signing Officer

Name
Tammy Rowden
Title
Manager
Signed
2017-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Rowden
Formed
1976
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
10

Preparer

Firm
Kpm Cpas Pc
Address
1445 E REPUBLIC RD, SPRINGFIELD, MO 65804
Preparer
Sean M Balisle CPA
Phone
4178824300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Loan servicing expense 38,132 0 0 outside services 298,168 0 0 total 336,300 0 0

Form 990, Part XI, Line 9

Change in reserve funds 384,369

Raw XML Appendix363 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/SavingsAndTempCashInvstGrp/EOYAmt09434087
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106930
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0710045
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0816975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053585880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER'S SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt08949124
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14037528
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2190900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt36331
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt41500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CD'S INVESTED AT LOCAL BANKS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MORTGAGE BACK SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MO CORPORATE INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CO-OP NETWORK INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/Desc4REPOSSESSED ASSETS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0106930
IRS990ScheduleD/TotalBookValueSecuritiesAmt013185383
IRS990ScheduleD/TotalLiabilityAmt053585880
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE CREDIT UNION ARE CONSIDERED TO BE THE OWNERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION ELECT ALL OF THE BOARD OF DIRECTORS FOR THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE BY-LAWS GOVERNING THE CREDIT UNION ARE REQUIRED TO HAVE APPROVAL FROM THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INITIAL REVIEW OF THE RETURN IS PERFORMED BY THE MANAGER OF THE CREDIT UNION. AFTER THAT IS COMPLETE, A COPY OF THE RETURN IS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE HUMAN RESOURCE DEPARTMENT DETERMINES THE TOP MANAGEMENT OFFICIAL'S COMPENSATION AND BENEFITS BASED ON A REVIEW OF EXTERNAL SALARY REPORTS AND THE PERFORMANCE OF THE ORGANIZATION. THE BOARD OF DIRECTORS APPRROVES THE COMPENSATION PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE CREDIT UNION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LOAN SERVICING EXPENSE 38,132 0 0 OUTSIDE SERVICES 298,168 0 0 TOTAL 336,300 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN RESERVE FUNDS 384,369
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt050760462
IRS990/TotalAssetsEOYAmt059255805
IRS990/TotalAssetsGrp/BOYAmt050760462
IRS990/TotalAssetsGrp/EOYAmt059255805
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02087801
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045909265
IRS990/TotalLiabilitiesEOYAmt053903830
IRS990/TotalLiabilitiesGrp/BOYAmt045909265
IRS990/TotalLiabilitiesGrp/EOYAmt053903830
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04851197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05351975
IRS990/TotalOtherCompensationAmt034060
IRS990/TotalProgramServiceRevenueAmt02032083
IRS990/TotalReportableCompFromOrgAmt079328
IRS990/TotalRevenueGrp/ExclusionAmt0176761
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02033844
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02210605
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt050760462
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt059255805
IRS990/TravelGrp/TotalAmt025098
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01444 E SUNSHINE
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd065804
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MYMERCYCU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMMY ROWDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERCY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MERC
ReturnHeader/Filer/EIN0436203095
ReturnHeader/Filer/PhoneNum04178202931
ReturnHeader/Filer/USAddress/AddressLine1Txt01444 E SUNSHINE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd065804
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId035D3879163D6E86CE39169CEF1932A0DEFAB2344
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0639E43D7064DA110D86365B3D40C5518D435221F
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431109768
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPM CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01445 E REPUBLIC RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd065804
ReturnHeader/PreparerPersonGrp/PhoneNum04178824300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN M BALISLE CPA
ReturnHeader/ReturnTs02017-11-08T12:56:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.6$73.2$9.40$4.77$3.66$1.11
2023Summary only. Only limited summary data is available for this year.$82.7$74.5$8.17$4.29$3.19$1.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.5$79.5$6.95$3.62$2.96$0.66
2021Summary only. Only limited summary data is available for this year.$87.1$80.4$6.66$3.01$2.80$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.6$71.1$6.50$3.01$2.71$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.8$56.6$6.20$3.22$2.82$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.1$58.4$5.77$2.98$2.68$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.2$55.8$5.48$2.42$2.28$0.14
2016Detailed filing. Detailed filing data is available for this year.$59.3$53.9$5.35$2.21$2.09$0.12
2015Detailed filing. Detailed filing data is available for this year.$50.8$45.9$4.85$1.80$1.76$0.05
2014Detailed filing. Detailed filing data is available for this year.$47.9$43.1$4.82$1.58$1.56$0.01
2013Detailed filing. Detailed filing data is available for this year.$45.3$40.5$4.75$1.51$1.51$0.00
2012Summary only. Only limited summary data is available for this year.$44.3$39.4$4.92$1.70$1.35$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.0$34.6$4.43$1.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.7$32.5$4.17$1.35