Civic Intelligence

Multipli Credit Union

EIN 44-0443995 • 501(c)14 • Springfield, MO

Profile

We exist to provide affordable, quality financial services for the members of our community.

1850 S Blackman Rd Suite 100Springfield, MO 65809

multiplicu.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

1st percentile

-1500%

Higher net margin than 1% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

1st percentile

-55%

Faster revenue growth than 1% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Assets

Down

$0

Down $182,768,876 (-100%) from 2023

Liabilities

Down

$0

Down $156,340,824 (-100%) from 2023

Net Assets

Down

$0

Down $26,428,052 (-100%) from 2023

Revenue

Down

$1,972,595

Down $7,683,232 (-80%) from 2023

Expenses

Up

$31,558,678

Up $23,734,988 (+303%) from 2023

Net Income

Down

-$29,586,083

Down $31,418,220 (-1715%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $70,394,026Liabilities 2011: $526,551Net Assets 2011: $69,867,4752011Assets 2012: $87,434,750Liabilities 2012: $693,002Net Assets 2012: $86,741,7482012Assets 2013: $90,591,712Liabilities 2013: $483,935Net Assets 2013: $90,107,7772013Assets 2014: $94,832,745Liabilities 2014: $451,622Net Assets 2014: $94,381,1232014Assets 2016: $103,430,172Liabilities 2016: $87,221,320Net Assets 2016: $16,208,8522016Assets 2017: $110,551,547Liabilities 2017: $92,667,196Net Assets 2017: $17,884,3512017Assets 2019: $115,631,550Liabilities 2019: $94,372,030Net Assets 2019: $21,259,5202019Assets 2020: $143,137,686Liabilities 2020: $120,102,278Net Assets 2020: $23,035,4082020Assets 2021: $164,844,187Liabilities 2021: $139,769,631Net Assets 2021: $25,074,5562021Assets 2022: $173,557,737Liabilities 2022: $148,933,731Net Assets 2022: $24,624,0062022Assets 2023: $182,768,876Liabilities 2023: $156,340,824Net Assets 2023: $26,428,0522023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$40M$20M$0-$20M-$40MExpenses 2011: $2,645,8982011Expenses 2012: $2,900,5312012Revenue 2013: $4,531,654Expenses 2013: $3,487,410Net Income 2013: $1,044,2442013Revenue 2014: $4,809,554Expenses 2014: $3,291,092Net Income 2014: $1,518,4622014Revenue 2016: $5,725,179Expenses 2016: $3,903,405Net Income 2016: $1,821,7742016Revenue 2017: $6,000,794Expenses 2017: $4,211,830Net Income 2017: $1,788,9642017Revenue 2019: $6,458,421Expenses 2019: $5,198,044Net Income 2019: $1,260,3772019Revenue 2020: $6,311,489Expenses 2020: $4,867,376Net Income 2020: $1,444,1132020Revenue 2021: $7,376,341Expenses 2021: $4,838,479Net Income 2021: $2,537,8622021Revenue 2022: $9,692,310Expenses 2022: $6,304,553Net Income 2022: $3,387,7572022Revenue 2023: $9,655,827Expenses 2023: $7,823,690Net Income 2023: $1,832,1372023Revenue 2024: $1,972,595Expenses 2024: $31,558,678Net Income 2024: -$29,586,0832024

Highlighted filing

2024

Revenue$1,972,595
Expenses$31,558,678
Net Income-$29,586,083

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Jul 31, 2024
Signed
Jun 13, 2024
Return Version
2023v6.0
Gross Receipts
$27,102,609
Mission and Program Overview

Mission

We exist to provide affordable, quality financial services for the members of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$111,452,233--
Investments in Publicly Traded Securities$28,563,513--
Rtn Earn Endowment Incm Other Fnds$26,428,052--
Savings and Temporary Cash Investments$21,885,187--
Land, Buildings, and Equipment, Net$11,829,390--
Cash and Non-Interest-Bearing Accounts$1,992,020--
Investments Program Related$1,334,733--
Investments Other Securities$1,269,634--
Prepaid Expenses and Deferred Charges$453,085--
Accounts Receivable$314,106--
Total Assets$182,768,876$0▼ $182,768,876
Other Assets Total$3,674,975--
Liabilities
Other Liabilities$153,679,128--
Accounts Payable and Accrued Expenses$2,660,696--
Grants Payable$1,000--
Total Liabilities$156,340,824$0▼ $156,340,824
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,428,052$0▼ $26,428,052
Total Liabilities and Net Assets / Fund Balance$182,768,876$0▼ $182,768,876
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judy HadsallPresidentFT$149,879$48,408$198,287
Greg SnyderCFOFT$126,922$40,923$167,845

Board Members and Trustees

NameTitle
Ben JonesChairman
Max BuetowVice Chairma
Deanna MaplesDirector
Jake McwayDirector
Jeff ParkisonDirector
Joshua BadeDirector
Karl PlumpeDirector
Kem ReedDirector
Jim BlahaSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,614,127
Investment Income
$-2,667,463
Other Revenue
$25,931
Change in Net Assets
$-29,586,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,552,560
Other Expenses$5,000,569
Salaries, Compensation, and Employee Benefits$2,005,549
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$24,552,560
Interest---$2,947,814
Other Salaries and Wages---$1,437,852
Current Officers, Directors, Trustees, and Key Employees---$366,132
Depreciation Depletion---$278,059
Occupancy---$217,409
Other Expenses---$193,157
Insurance---$156,653
All Other Expenses---$143,687
Payroll Taxes---$120,055
Other Employee Benefits---$81,510
Office Expenses---$62,857
Advertising---$40,840
Conferences and Meetings---$16,091
Fees for Services Accounting---$11,869
Fees for Service Investment Mgmnt Fees---$5,632
Fees for Services Legal---$1,223
Total Functional Expenses$0$0$0$31,558,678
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
River Region Comm Fed Credit UnionJefferson City, MO501c14Merger-
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 on an annual basis.

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 credit union cfo reviews a copy of the form 990 before signing the form 8879 authorizing electronic transmission of the return to the irs. A copy of the filed form 990 is then available for review by the board of directors at their request.

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

When matters pertaining to the specific personal interest of a board member are discussed, the affected board member or members shall not engage in the discussion nor shall they participate in the vote, and the minutes shall so state.

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

The organization uses a third party software program that grades each job and then creates a minimum, midpoint, and maximum salary range based on duties, cu size, and peers. This program is used for all jobs in the organization. The executive committee (board officers) reviews and recommends salary/compensation changes to the board of directors for the ceo.

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

The organization uses a third party software program that grades each job and then creates a minimum, midpoint, and maximum salary range based on duties, cu size, and peers. This program is used for all jobs in the credit union. The ceo is then ultimately responsible for determining the salary of all staff, except themselves. Supervisors review the employees and then meet with ceo to determine if a change in compensation is warranted.

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
Multipli Credit Union
EIN
44-0443995
Phone
4178653912
Address
1850 S BLACKMAN RD SUITE 100, SPRINGFIELD, MO 65809

Signing Officer

Name
Greg Snyder
Title
CFO
Phone
4178653912
Signed
2024-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Snyder
Formed
1934
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
48
Volunteers
11

Preparer

Firm
Kpm Cpas Pc
Address
1445 E REPUBLIC RD, SPRINGFIELD, MO 65804
Preparer
Andrew C Clemens CPA
Phone
4178824300
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The board of directors and supervisory committee are composed of volunteers.

Form 990, Part XI, Line 9

Net change in defined benefit plan 25,266

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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/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416634
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1509223
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IRS990/PYOtherExpensesAmt04474261
IRS990/PYOtherRevenueAmt070935
IRS990/PYProgramServiceRevenueAmt08145877
IRS990/PYRevenuesLessExpensesAmt01832137
IRS990/PYSalariesCompEmpBnftPaidAmt03349429
IRS990/PYTotalExpensesAmt07823690
IRS990/PYTotalRevenueAmt09655827
IRS990/ReconcilationRevenueExpnssAmt0-29586083
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IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt025931
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt021885187
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C14
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt024552560
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0SEE STMT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MERGER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0DBA RIVER REGION CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientEIN0440623480
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03124 WEST EDGEWOOD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0JEFFERSON CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd065109
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION MERGED WITH GRANT RECIPIENT. GRANT AMOUNT IS ASSETS NET OF LIABILITIES AT 7/01/24. ASSETS AND LIABILITIES ON THE BOOKS AT 7/01/2024 WERE TRANSFERRED TO THE GRANT RECIPIENT. IN DETERMINING THE GRANT AMOUNT, THE NON-CASH PORTION CONSISTED OF RECEIVABLES, LOANS, INVESTMENTS, LAND, BUILDINGS AND EQUIPMENT ON THE BOOKS AT 7/01/24.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/TotalOtherOrgCnt01
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IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0149879
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1126922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount09154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount127665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04684
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt14704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt028909
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt12500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JUDY HADSALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1GREG SNYDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0198287
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0true
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH & EQUIVALENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1LOANS & RECEIVABLES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2PREPAID & OTHER ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3FIXED ASSETS (NET)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4INVESTMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt4RIVER REGION COMM FED CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt0DBA RIVER REGION CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt1DBA RIVER REGION CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt2DBA RIVER REGION CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt3DBA RIVER REGION CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt4DBA RIVER REGION CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-07-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12024-07-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22024-07-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32024-07-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt42024-07-01
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN4440623480
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt047464397
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1112734223
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt24237509
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt311450640
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt48374330
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501C14
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501C14
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt4501C14
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt4BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03124 WEST EDGEWOOD DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt13124 WEST EDGEWOOD DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt23124 WEST EDGEWOOD DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt33124 WEST EDGEWOOD DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt43124 WEST EDGEWOOD DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0JEFFERSON CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1JEFFERSON CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2JEFFERSON CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3JEFFERSON CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4JEFFERSON CITY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2MO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3MO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4MO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd065109
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IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ON 7/1/2024 THE ORGANIZATION MERGED WITH RIVER REGION COMMUNITY FEDERAL CREDIT UNION DBA RIVER REGION CREDIT UNION (RRCU). RRCU IS THE POST MERGER SURVIVING ORGANIZATION. PART I LINE 2A: BEN JONES - BOARD MEMBER OF RRCU JEFF PARKISON - BOARD MEMBER OF RRCU JOSH BADE - BOARD MEMBER OF RRCU D.MAX BUETOW - BOARD MEMBER OF RRCU E.KARL PLUMPE - BOARD MEMBER OF RRCU AMY CARR - SUPERVISORY MEMBER OF RRCU KRISI SCHELL - SUPERVISORY MEMBER OF RRCU PART I LINE 2B: GREG SNYDER - CFO OF RRCU
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE ARE COMPOSED OF VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION ARE CONSIDERED TO BE THE OWNERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE CREDIT UNION ELECT ALL OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CHANGES TO THE BY-LAWS GOVERNING THE CREDIT UNION ARE REQUIRED TO HAVE APPROVAL FROM THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION CFO REVIEWS A COPY OF THE FORM 990 BEFORE SIGNING THE FORM 8879 AUTHORIZING ELECTRONIC TRANSMISSION OF THE RETURN TO THE IRS. A COPY OF THE FILED FORM 990 IS THEN AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS AT THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WHEN MATTERS PERTAINING TO THE SPECIFIC PERSONAL INTEREST OF A BOARD MEMBER ARE DISCUSSED, THE AFFECTED BOARD MEMBER OR MEMBERS SHALL NOT ENGAGE IN THE DISCUSSION NOR SHALL THEY PARTICIPATE IN THE VOTE, AND THE MINUTES SHALL SO STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION USES A THIRD PARTY SOFTWARE PROGRAM THAT GRADES EACH JOB AND THEN CREATES A MINIMUM, MIDPOINT, AND MAXIMUM SALARY RANGE BASED ON DUTIES, CU SIZE, AND PEERS. THIS PROGRAM IS USED FOR ALL JOBS IN THE ORGANIZATION. THE EXECUTIVE COMMITTEE (BOARD OFFICERS) REVIEWS AND RECOMMENDS SALARY/COMPENSATION CHANGES TO THE BOARD OF DIRECTORS FOR THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION USES A THIRD PARTY SOFTWARE PROGRAM THAT GRADES EACH JOB AND THEN CREATES A MINIMUM, MIDPOINT, AND MAXIMUM SALARY RANGE BASED ON DUTIES, CU SIZE, AND PEERS. THIS PROGRAM IS USED FOR ALL JOBS IN THE CREDIT UNION. THE CEO IS THEN ULTIMATELY RESPONSIBLE FOR DETERMINING THE SALARY OF ALL STAFF, EXCEPT THEMSELVES. SUPERVISORS REVIEW THE EMPLOYEES AND THEN MEET WITH CEO TO DETERMINE IF A CHANGE IN COMPENSATION IS WARRANTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COPIES OF THE CREDIT UNION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NET CHANGE IN DEFINED BENEFIT PLAN 25,266
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B

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