Civic Intelligence

Blucurrent Credit Union

EIN 44-0444275 • 501(c)14 • Springfield, MO

Profile

Voluntary, cooperative, non-profit credit union for the purposes of encouraging thrift among its members, providing a source of credit at fair and reasonable rates of interest, providing for the mutual benefit and general welfare of its members with earnngs, savings, benefits and services.

4520 S National AveSpringfield, MO 65810

www.blucurrent.org

Siviq Scores

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

Liabilities / Assets

39th percentile

0.89x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

12.37x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

48th percentile

9.0%

Higher net margin than 48% of similar nonprofits.

501(c)14 • $250M-$1B 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

81st percentile

7.2%

Faster asset growth than 81% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

63rd percentile

18%

Faster revenue growth than 63% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Up

$351,770,870

Up $30,830,220 (+9.6%) from 2023

Liabilities

Up

$314,387,937

Up $26,375,096 (+9.2%) from 2023

Net Assets

Up

$37,382,933

Up $4,455,124 (+14%) from 2023

Revenue

Up

$25,422,758

Up $3,746,768 (+17%) from 2023

Expenses

Up

$23,146,759

Up $5,069,707 (+28%) from 2023

Net Income

Down

$2,275,999

Down $1,322,939 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $128,554,582Liabilities 2010: $117,847,907Net Assets 2010: $10,706,6752010Assets 2012: $142,065,175Liabilities 2012: $130,365,769Net Assets 2012: $11,699,4062012Assets 2013: $145,602,826Liabilities 2013: $133,748,673Net Assets 2013: $11,854,1532013Assets 2014: $145,456,681Liabilities 2014: $133,509,793Net Assets 2014: $11,946,8882014Assets 2015: $155,744,571Liabilities 2015: $142,811,539Net Assets 2015: $12,933,0322015Assets 2016: $170,306,854Liabilities 2016: $156,035,058Net Assets 2016: $14,271,7962016Assets 2017: $176,905,884Liabilities 2017: $161,155,721Net Assets 2017: $15,750,1632017Assets 2018: $185,318,296Liabilities 2018: $167,725,210Net Assets 2018: $17,593,0862018Assets 2019: $201,227,445Liabilities 2019: $182,941,486Net Assets 2019: $18,285,9592019Assets 2020: $238,083,475Liabilities 2020: $217,617,077Net Assets 2020: $20,466,3982020Assets 2021: $274,770,544Liabilities 2021: $249,479,547Net Assets 2021: $25,290,9972021Assets 2022: $305,927,504Liabilities 2022: $276,275,366Net Assets 2022: $29,652,1382022Assets 2023: $320,940,650Liabilities 2023: $288,012,841Net Assets 2023: $32,927,8092023Assets 2024: $351,770,870Liabilities 2024: $314,387,937Net Assets 2024: $37,382,9332024

Highlighted filing

2024

Assets$351,770,870
Liabilities$314,387,937
Net Assets$37,382,933

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $6,805,6432010Expenses 2012: $7,660,2982012Revenue 2013: $8,516,960Expenses 2013: $8,187,341Net Income 2013: $329,6192013Revenue 2014: $8,840,564Expenses 2014: $7,784,966Net Income 2014: $1,055,5982014Revenue 2015: $10,153,067Expenses 2015: $8,761,878Net Income 2015: $1,391,1892015Revenue 2016: $11,786,227Expenses 2016: $10,035,226Net Income 2016: $1,751,0012016Revenue 2017: $12,867,462Expenses 2017: $11,172,226Net Income 2017: $1,695,2362017Revenue 2018: $13,587,006Expenses 2018: $11,559,389Net Income 2018: $2,027,6172018Revenue 2019: $14,368,523Expenses 2019: $12,579,598Net Income 2019: $1,788,9252019Revenue 2020: $15,744,753Expenses 2020: $12,663,172Net Income 2020: $3,081,5812020Revenue 2021: $16,978,368Expenses 2021: $13,136,443Net Income 2021: $3,841,9252021Revenue 2022: $18,207,156Expenses 2022: $15,073,413Net Income 2022: $3,133,7432022Revenue 2023: $21,675,990Expenses 2023: $18,077,052Net Income 2023: $3,598,9382023Revenue 2024: $25,422,758Expenses 2024: $23,146,759Net Income 2024: $2,275,9992024

Highlighted filing

2024

Revenue$25,422,758
Expenses$23,146,759
Net Income$2,275,999

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$352$314$37.4$25.4$23.1$2.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$321$288$32.9$21.7$18.1$3.60
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$306$276$29.7$18.2$15.1$3.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$275$249$25.3$17.0$13.1$3.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$238$218$20.5$15.7$12.7$3.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$201$183$18.3$14.4$12.6$1.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$185$168$17.6$13.6$11.6$2.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$177$161$15.8$12.9$11.2$1.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$156$14.3$11.8$10.0$1.75
2015Detailed filing. Detailed filing data is available for this year.$156$143$12.9$10.2$8.76$1.39
2014Detailed filing. Detailed filing data is available for this year.$145$134$11.9$8.84$7.78$1.06
2013Detailed filing. Detailed filing data is available for this year.$146$134$11.9$8.52$8.19$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$142$130$11.7$7.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$118$10.7$6.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$25,471,887
Mission and Program Overview

Mission

Voluntary, cooperative, non-profit credit union for the purposes of encouraging thrift among its members, providing a source of credit at fair and reasonable rates of interest, providing for the mutual benefit and general welfare of its members with earnngs, savings, benefits and services.

Cooperative provider of financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$251,918,033$275,666,910▲ $23,748,877
Savings and Temporary Cash Investments$37,091,817$40,477,133▲ $3,385,316
Rtn Earn Endowment Incm Other Fnds$32,927,809$37,382,933▲ $4,455,124
Land, Buildings, and Equipment, Net$19,102,838$18,047,643▼ $1,055,195
Cash and Non-Interest-Bearing Accounts$1,991,498$3,308,169▲ $1,316,671
Investments Other Securities$1,246,800$1,439,400▲ $192,600
Prepaid Expenses and Deferred Charges$993,918$991,104▼ $2,814
Investments Program Related$3,423,266$952,600▼ $2,470,666
Accounts Receivable$651,614$857,768▲ $206,154
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$320,940,650$351,770,870▲ $30,830,220
Other Assets Total$4,520,866$10,030,143▲ $5,509,277
Liabilities
Other Liabilities$268,144,565$295,617,525▲ $27,472,960
Mortgage Notes Payable Secured by Investment Property$15,000,000$15,000,000→ $0
Accounts Payable and Accrued Expenses$4,868,276$3,770,412▼ $1,097,864
Total Liabilities$288,012,841$314,387,937▲ $26,375,096
Net Assets / Fund Balance
Total Net Assets Fund Balance$32,927,809$37,382,933▲ $4,455,124
Total Liabilities and Net Assets / Fund Balance$320,940,650$351,770,870▲ $30,830,220

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,335,589$1,277,758$12,613,347
Equipment$2,055,824$4,723,891$6,779,715
Land$4,367,110-$4,367,110
Other Land Buildings$289,120-$289,120
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig TaborCEOFT$297,092$127,692$424,784
Gary KirkSevpFT$181,099$44,802$225,901
Derek WilliamsEvpFT$159,426$46,777$206,203
Brian RoyCLOFT$136,308$51,736$188,044
Brent DavisVP of Consumer LendingFT$107,831$50,958$158,789
Lacey StombolyCCOFT$122,992$23,126$146,118
Jesse JantzSVP of Information ServiceFT$118,508$26,406$144,914
Bradley ChristmanCFOFT$103,874$27,936$131,810
Deanna DownsSVP of Mortgage LendingFT$110,258$18,696$128,954

Board Members and Trustees

NameTitle
Scott RoseChairman
Mary Ann WoodBoard Member & Vice Chair
David HavensDirector
Jana ShetlerDirector
John BlackDirector
Lisa VandaveerDirector
Mike McfarlandDirector
Ralph TateDirector
Tammy StorerDirector
Cheryl PriftiSecretary/treasurer
Howard HouseSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Williams ConstructionOperation Center Construction2146 N PACKER ROAD, Springfield, MO 65803$874,319
VeleraDebit/credit Card Services560 CARILLON PARKWAY, St Petersburg, FL 33716$716,135
Lumin DigitalOnline Banking Platform3001 BISHOP DR SUITE 110, San Ramon, CA 94583$486,715
Managed Financial NetworksData And Network Management4520 S NATIONAL AVE, Springfield, MO 65810$356,023
Data Business EquipmentItms, Network, And Supplies10513 BUENA VISTA CT, Des Moines, IA 50322$269,097
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,467,549
Investment Income
$1,955,209
Other Revenue
$0
Change in Net Assets
$2,275,999

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,422,758
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7
Total Revenue per Audited Statements
$25,422,765
Total Revenue per Form 990
$25,422,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,317,009
Salaries, Compensation, and Employee Benefits$7,172,822
Grants and Similar Amounts Paid$254,875
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$5,402,053
Comp Disqual Persons---$4,184,289
Current Officers, Directors, Trustees, and Key Employees---$1,755,517
Office Expenses---$1,518,149
Fees for Services Other---$1,333,440
Depreciation Depletion---$707,413
Interest---$652,061
Occupancy---$642,987
Other Employee Benefits---$613,342
Advertising---$566,477
Payroll Taxes---$402,110
Grants to Domestic Orgs---$254,875
Pension Plan Contributions---$217,564
Travel---$136,448
Fees for Services Accounting---$121,147
Fees for Services Legal---$97,893
Other Expenses---$32,821
Fees for Services Management---$9,257
Insurance---$3,618
Total Functional Expenses$0$0$0$23,146,759

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,146,761
Expenses per Audited Statements$23,146,759
Total Expenses per Form 990$23,146,759
Expenses Not Reported on Form 990$2
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Victory MissionSpringfield, MO501(c)(3)General Support$85,925
Convoy of HopeSpringfield, MO501(c)(3)General Support$84,475
Pregnancy Care CenterSpringfield, MO501(c)(3)General Support$84,475
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Officers Gary Kirk and Derek Williams Are Owners of Invo Solutions, LLCInvo Solutions, LLC Provides Cloud Services to Credit UnionNo$16,973
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$293,129,514
Nonmember Deposits$2,488,011
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
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
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 organization is a credit union and the members of the credit union are the owners of the credit union.

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

The board of directors are elected by the members of the organization. All board members volunteer their services.

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

Decisions required by the by laws are subject to approval of the members by vote of the members.

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

Review of the 990 will happen no later than the october board meeting.

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

Annually the board reviews transactions and relationships with board members, officers and related persons that could give rise to conflicts of interest.

Form 990, Part VI, Section B, Line 15

The hr department reviews industry surveys and studies and provides a summary report to the board about industry salary norms for ceos and other officers of credit unions similar in size to blucurrent. The board uses that information to determine the salary of the ceo. Management, with the approval of the board, establishes compensation plans for the officers and key employees of the credit union. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

The organization makes the governing documents, conflict of interest policy, financial statements and form 990 available to the public at its corporate office free of charge. For the cost of reproducing and mailing, a copy will be sent via u.s. Mail upon written request.

Filing and Contact Details

Filer

Filer Name
Blucurrent Credit Union
EIN
44-0444275
Phone
4178871983
Address
4520 S NATIONAL AVE, SPRINGFIELD, MO 65810

Signing Officer

Name
Gary Kirk
Title
Senior Executive Vice-president
Phone
4178871983
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Kirk
Formed
1929
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
105
Volunteers
22

Preparer

Firm
Cliftonlarsonallen Llp
Address
109 N MAIN STREET SUITE 200, AUSTIN, MN 55912
Preparer
Tanya Medgaarden
Phone
5074347000
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

Process has not changed since prior year.

Financial Statement Notes

PART X, LINE 2:

The credit union is exempt, under irc 501(c)(14), from most federal and state income taxes. The credit union has filed tax returns in the past for activities it has deemed taxable as unrelated business income. The credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2024 and 2023. The credit union's 2021 through 2023 tax years are open for examination by federal and state taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

ROUNDING 7.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

ROUNDING 2.

Raw XML AppendixShowing 400 of 653 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
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