Civic Intelligence

Volt Credit Union

990 • Fiscal year 2021 • EIN 44-0444090

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileWWW.VOLTCU.ORG

View Organization Page

PO Box 1217Springfield, MO 65801-1217

(417) 862-0471

Siviq Scores

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

Liabilities / Assets

86th percentile

0.92x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

21.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Net Margin

18th percentile

5.0%

Higher net margin than 18% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$182,950

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Asset Growth

45th percentile

8.8%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

-0.1%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$89,720,423

Up $7,281,837 (+8.8%) from 2020

Net Assets

Up

$7,116,249

Up $187,423 (+2.7%) from 2020

Liabilities

Up

$82,604,174

Up $7,094,414 (+9.4%) from 2020

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin18th percentile

Revenue

Down

$3,925,967

Down $4,657 (-0.1%) from 2020

Expenses

Down

$3,728,016

Down $158,827 (-4.1%) from 2020

Net Income

Up

$197,951

Up $154,170 (+352%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$100M$50M$0Assets 2010: $51,346,758Liabilities 2010: $46,153,667Net Assets 2010: $5,193,0912010Assets 2011: $54,855,212Liabilities 2011: $49,388,300Net Assets 2011: $5,466,9122011Assets 2012: $57,211,199Liabilities 2012: $51,626,787Net Assets 2012: $5,584,4122012Assets 2013: $57,404,797Liabilities 2013: $51,789,414Net Assets 2013: $5,615,3832013Assets 2014: $59,636,330Liabilities 2014: $53,997,429Net Assets 2014: $5,638,9012014Assets 2015: $62,190,558Liabilities 2015: $56,470,417Net Assets 2015: $5,720,1412015Assets 2016: $64,330,629Liabilities 2016: $58,528,257Net Assets 2016: $5,802,3722016Assets 2017: $64,068,273Liabilities 2017: $57,670,705Net Assets 2017: $6,397,5682017Assets 2018: $65,015,176Liabilities 2018: $58,367,530Net Assets 2018: $6,647,6462018Assets 2019: $69,936,267Liabilities 2019: $63,075,069Net Assets 2019: $6,861,1982019Assets 2020: $82,438,586Liabilities 2020: $75,509,760Net Assets 2020: $6,928,8262020Assets 2021: $89,720,423Liabilities 2021: $82,604,174Net Assets 2021: $7,116,2492021Assets 2022: $90,479,481Liabilities 2022: $83,143,139Net Assets 2022: $7,336,3422022Assets 2023: $88,669,976Liabilities 2023: $81,089,552Net Assets 2023: $7,580,4242023Assets 2024: $86,217,150Liabilities 2024: $78,402,671Net Assets 2024: $7,814,4792024

Highlighted filing

2021

Assets$89,720,423
Liabilities$82,604,174
Net Assets$7,116,249
Open 2021 Filing

Operations Trend

Revenue Growth50th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,584,1782010Expenses 2011: $2,428,8612011Expenses 2012: $2,414,5802012Revenue 2013: $2,306,829Expenses 2013: $2,275,858Net Income 2013: $30,9712013Revenue 2014: $2,388,813Expenses 2014: $2,365,295Net Income 2014: $23,5182014Revenue 2015: $2,760,016Expenses 2015: $2,678,776Net Income 2015: $81,2402015Revenue 2016: $3,040,470Expenses 2016: $2,926,422Net Income 2016: $114,0482016Revenue 2017: $3,500,557Expenses 2017: $2,899,778Net Income 2017: $600,7792017Revenue 2018: $3,350,690Expenses 2018: $3,092,401Net Income 2018: $258,2892018Revenue 2019: $3,639,257Expenses 2019: $3,459,488Net Income 2019: $179,7692019Revenue 2020: $3,930,624Expenses 2020: $3,886,843Net Income 2020: $43,7812020Revenue 2021: $3,925,967Expenses 2021: $3,728,016Net Income 2021: $197,9512021Revenue 2022: $4,130,929Expenses 2022: $3,886,485Net Income 2022: $244,4442022Revenue 2023: $4,733,729Expenses 2023: $4,462,251Net Income 2023: $271,4782023Revenue 2024: $5,300,505Expenses 2024: $5,070,898Net Income 2024: $229,6072024

Highlighted filing

2021

Revenue$3,925,967
Expenses$3,728,016
Net Income$197,951
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$4,040,717
Mission and Program Overview

Mission

Our mission is to help members build long-term financial security.

The credit union exists to help members build long-term financial security.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$48,501,838$56,169,442▲ $7,667,604
Savings and Temporary Cash Investments$24,091,807$20,118,784▼ $3,973,023
Rtn Earn Endowment Incm Other Fnds$6,928,826$7,116,249▲ $187,423
Land, Buildings, and Equipment, Net$5,088,994$5,575,737▲ $486,743
Investments Other Securities$959,417$3,837,052▲ $2,877,635
Cash and Non-Interest-Bearing Accounts$756,613$824,692▲ $68,079
Prepaid Expenses and Deferred Charges$323,138$219,512▼ $103,626
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$82,438,586$89,720,423▲ $7,281,837
Other Assets Total$2,716,779$2,975,204▲ $258,425
Liabilities
Other Liabilities$75,117,108$82,035,013▲ $6,917,905
Accounts Payable and Accrued Expenses$390,848$558,843▲ $167,995
Escrow Account Liability$1,804$10,318▲ $8,514
Total Liabilities$75,509,760$82,604,174▲ $7,094,414
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,928,826$7,116,249▲ $187,423
Total Liabilities and Net Assets / Fund Balance$82,438,586$89,720,423▲ $7,281,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,034,356$95,673$4,130,029
Equipment$561,600$982,965$1,544,565
Land$979,781-$979,781
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Loretta RoneyPresident/CEOFT$148,908$34,042$182,950

Board Members and Trustees

NameTitle
Bill JamesonChairman
Randy TuckerVice Chairman
Charles JohnsonDirector
Lisa AlexanderDirector
Mark RosenauerDirector
Laurie PeetersSecretary
Darrell DeckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$3,650,851
Investment Income
$250,851
Other Revenue
$21,765
All Other Contributions
$2,500
Change in Net Assets
$197,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,175,766
Salaries, Compensation, and Employee Benefits$1,539,709
Grants and Similar Amounts Paid$12,541
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,073,852
Fees for Services Other---$487,536
Information Technology---$297,330
Advertising---$221,606
Current Officers, Directors, Trustees, and Key Employees---$182,950
Office Expenses---$179,380
Depreciation Depletion---$177,122
Occupancy---$159,887
Other Employee Benefits---$130,672
Payroll Taxes---$97,804
Pension Plan Contributions---$54,431
Fees for Services Accounting---$41,810
Insurance---$31,087
Other Expenses---$27,726
All Other Expenses---$17,985
Conferences and Meetings---$13,734
Grants to Domestic Orgs---$9,541
Fees for Services Legal---$7,780
Travel---$6,334
Grants to Domestic Individuals---$3,000
Total Functional Expenses$0$0$0$3,728,016
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Foundation of the Ozarks IncSpringfield, MO501(c)(3)To Assist Agency Partners Improve the Quality of Life in Springfield and the Surrounding Areas, Helping Those Who Need Help the Most.$9,541
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$82,035,013
Governance and Compliance

Governance Checklist

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

“The credit union is mutually owned by members.”

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

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

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

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

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

“The president/ceo reviews the form 990 with the director of accounting.”

Form 990, Part VI, Section B, Line 12C

“On an annual basis, all volunteers, including board members, are required to review the conflict of interest policy, disclose any interests that could give rise to conflicts, and submit a signed statement to that effect. These statements are maintained on file at the credit union.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews the president's performance and determines compensation using various information, including the compease salary administration program and cuna salary survey. Compensation for all other management is determined by the president and presented as part of the budget package to the board of directors for approval. The board's deliberations and decisions are documented in the minutes.”

Form 990, Part VI, Section C, Line 19

“Financial statements are presented at the annual meeting and available upon request. In addition, the ncua website posts financial information as part of the quarterly call reports. Other documents, policies and procedures are available upon request.”

Filing and Contact Details

Filer

Filer Name
Volt Credit Union
EIN
44-0444090
Phone
4178620471
Address
PO BOX 1217, SPRINGFIELD, MO 65801-1217

Signing Officer

Name
Loretta Roney
Title
President/CEO
Phone
4178620471
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Loretta Roney
Formed
1935
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
34
Volunteers
9

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061-6454
Preparer
Gerald Tenbrink
Phone
9138946214
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Debit, visa & atm expenses 330,489. Other professional & outside services 157,047.”

Financial Statement Notes

PART IV, LINE 2B:

“The credit union maintains escrow funds for expenses related to member mortgages serviced by truhome. Monthly credit and debt counseling with a restoration program is available to members to get them back to independent living.”

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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/Desc1FEES & OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2WARRANTY SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02454273
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11134885
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02454273
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11151068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245510
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt016183
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt145510
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2021, LOANS OUTSTANDING TOTALED $56,366,002.
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $289,048 FOR THE YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02500
IRS990/PYGrantsAndSimilarPaidAmt016895
IRS990/PYInvestmentIncomeAmt0427976
IRS990/PYOtherExpensesAmt02312563
IRS990/PYOtherRevenueAmt022414
IRS990/PYProgramServiceRevenueAmt03477734
IRS990/PYRevenuesLessExpensesAmt043781
IRS990/PYSalariesCompEmpBnftPaidAmt01557385
IRS990/PYTotalExpensesAmt03886843
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03930624
IRS990/ReconcilationRevenueExpnssAmt0197951
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt021765
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt021765
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06928826
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07116249
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024091807
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020118784
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04034356
IRS990ScheduleD/BuildingsGrp/DepreciationAmt095673
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04130029
IRS990ScheduleD/EquipmentGrp/BookValueAmt0561600
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0982965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01544565
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0979781
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0979781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082035013
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION MAINTAINS ESCROW FUNDS FOR EXPENSES RELATED TO MEMBER MORTGAGES SERVICED BY TRUHOME. MONTHLY CREDIT AND DEBT COUNSELING WITH A RESTORATION PROGRAM IS AVAILABLE TO MEMBERS TO GET THEM BACK TO INDEPENDENT LIVING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05575737
IRS990ScheduleD/TotalLiabilityAmt082035013
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09541
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST AGENCY PARTNERS IMPROVE THE QUALITY OF LIFE IN SPRINGFIELD AND THE SURROUNDING AREAS, HELPING THOSE WHO NEED HELP THE MOST.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY FOUNDATION OF THE OZARKS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0237290968
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0425 EAST TRAFFICWAY STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPRINGFIELD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd065806
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148908
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount08771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt022646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0566
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LORETTA RONEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION USING VARIOUS INFORMATION, INCLUDING THE COMPEASE SALARY ADMINISTRATION PROGRAM AND CUNA SALARY SURVEY. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1LORETTA RONEY, PRESIDENT/CEO IS A PARTICIPANT IN A 457(F) DEFERRED COMPENSATION PLAN. IN 2021, THE CREDIT UNION RECORDED $15,141 EXPENSE RELATED TO HER PLAN AND NO DISTRIBUTIONS WERE MADE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO REVIEWS THE FORM 990 WITH THE DIRECTOR OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, ALL VOLUNTEERS, INCLUDING BOARD MEMBERS, ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION USING VARIOUS INFORMATION, INCLUDING THE COMPEASE SALARY ADMINISTRATION PROGRAM AND CUNA SALARY SURVEY. COMPENSATION FOR ALL OTHER MANAGEMENT IS DETERMINED BY THE PRESIDENT AND PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING AND AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES AND PROCEDURES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DEBIT, VISA & ATM EXPENSES 330,489. OTHER PROFESSIONAL & OUTSIDE SERVICES 157,047.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt082438586
IRS990/TotalAssetsEOYAmt089720423
IRS990/TotalAssetsGrp/BOYAmt082438586
IRS990/TotalAssetsGrp/EOYAmt089720423
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02500
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/TotalAmt03728016
IRS990/TotalGrossUBIAmt061693
IRS990/TotalLiabilitiesBOYAmt075509760
IRS990/TotalLiabilitiesEOYAmt082604174
IRS990/TotalLiabilitiesGrp/BOYAmt075509760
IRS990/TotalLiabilitiesGrp/EOYAmt082604174
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06928826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07116249
IRS990/TotalOtherCompensationAmt024705
IRS990/TotalProgramServiceRevenueAmt03650851
IRS990/TotalReportableCompFromOrgAmt0158245
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03861774
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03925967
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt061693
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt082438586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt089720423
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06334
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02624 W REPUBLIC ROAD
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd0658074070
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VOLTCU.ORG
IRS990/WhistleblowerPolicyInd01
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LORETTA RONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04178620471
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VOLT CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0VOLT
ReturnHeader/Filer/EIN0440444090
ReturnHeader/Filer/PhoneNum04178620471
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1217
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd0658011217

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$89,720,423
Liabilities
$82,604,174
Net assets
$7,116,249
Revenue
$3,925,967
Expenses
$3,728,016
Net income
$197,951
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.2$78.4$7.81$5.30$5.07$0.23
2023Detailed filing. Detailed filing data is available for this year.$88.7$81.1$7.58$4.73$4.46$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.5$83.1$7.34$4.13$3.89$0.24
2021Detailed filing. Detailed filing data is available for this year.$89.7$82.6$7.12$3.93$3.73$0.20
2020Detailed filing. Detailed filing data is available for this year.$82.4$75.5$6.93$3.93$3.89$0.04
2019Detailed filing. Detailed filing data is available for this year.$69.9$63.1$6.86$3.64$3.46$0.18
2018Detailed filing. Detailed filing data is available for this year.$65.0$58.4$6.65$3.35$3.09$0.26
2017Detailed filing. Detailed filing data is available for this year.$64.1$57.7$6.40$3.50$2.90$0.60
2016Detailed filing. Detailed filing data is available for this year.$64.3$58.5$5.80$3.04$2.93$0.11
2015Detailed filing. Detailed filing data is available for this year.$62.2$56.5$5.72$2.76$2.68$0.08
2014Detailed filing. Detailed filing data is available for this year.$59.6$54.0$5.64$2.39$2.37$0.02
2013Detailed filing. Detailed filing data is available for this year.$57.4$51.8$5.62$2.31$2.28$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.2$51.6$5.58$2.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.9$49.4$5.47$2.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.3$46.2$5.19$2.58