Civic Intelligence

Telcomm Credit Union

990 • Fiscal year 2014 • EIN 44-0538278

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 22, 2015

Organization ProfileWWW.TELCOMMCU.COM

View Organization Page

2155 E SunshineSpringfield, MO 65804

(417) 886-5355

Siviq Scores

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

Liabilities / Assets

19th percentile

0.86x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

20.43x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

86th percentile

20%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

59th percentile

$210,390

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

62nd percentile

4.8%

Faster asset growth than 62% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

34th percentile

-0.1%

Faster revenue growth than 34% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$129,041,823

Up $5,917,982 (+4.8%) from 2013

Net Assets

Up

$17,693,572

Up $1,098,822 (+6.6%) from 2013

Liabilities

Up

$111,348,251

Up $4,819,160 (+4.5%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin86th percentile

Revenue

Down

$5,451,406

Down $7,836 (-0.1%) from 2013

Expenses

Down

$4,352,584

Down $239,036 (-5.2%) from 2013

Net Income

Up

$1,098,822

Up $231,200 (+27%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$400M$300M$200M$100M$0Assets 2012: $115,129,764Liabilities 2012: $99,402,636Net Assets 2012: $15,727,1282012Assets 2013: $123,123,841Liabilities 2013: $106,529,091Net Assets 2013: $16,594,7502013Assets 2014: $129,041,823Liabilities 2014: $111,348,251Net Assets 2014: $17,693,5722014Assets 2015: $136,148,516Liabilities 2015: $117,512,742Net Assets 2015: $18,635,7742015Assets 2016: $143,508,635Liabilities 2016: $124,484,891Net Assets 2016: $19,023,7442016Assets 2017: $151,175,034Liabilities 2017: $130,350,998Net Assets 2017: $20,824,0362017Assets 2019: $178,949,811Liabilities 2019: $151,371,459Net Assets 2019: $27,578,3522019Assets 2020: $220,804,918Liabilities 2020: $189,054,866Net Assets 2020: $31,750,0522020Assets 2021: $246,500,693Liabilities 2021: $211,828,186Net Assets 2021: $34,672,5072021Assets 2022: $273,963,242Liabilities 2022: $241,577,741Net Assets 2022: $32,385,5012022Assets 2024: $308,222,357Liabilities 2024: $270,236,605Net Assets 2024: $37,985,7522024

Highlighted filing

2014

Assets$129,041,823
Liabilities$111,348,251
Net Assets$17,693,572
Open 2014 Filing

Operations Trend

Revenue Growth34th percentile

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

$30M$20M$10M$0Expenses 2012: $4,521,6312012Revenue 2013: $5,459,242Expenses 2013: $4,591,620Net Income 2013: $867,6222013Revenue 2014: $5,451,406Expenses 2014: $4,352,584Net Income 2014: $1,098,8222014Revenue 2015: $5,655,440Expenses 2015: $4,643,634Net Income 2015: $1,011,8062015Revenue 2016: $6,174,221Expenses 2016: $4,790,373Net Income 2016: $1,383,8482016Revenue 2017: $6,820,371Expenses 2017: $5,128,582Net Income 2017: $1,691,7892017Revenue 2019: $9,697,193Expenses 2019: $6,693,451Net Income 2019: $3,003,7422019Revenue 2020: $10,586,724Expenses 2020: $7,405,624Net Income 2020: $3,181,1002020Revenue 2021: $11,784,630Expenses 2021: $8,000,578Net Income 2021: $3,784,0522021Revenue 2022: $13,563,264Expenses 2022: $10,356,566Net Income 2022: $3,206,6982022Revenue 2024: $20,898,720Expenses 2024: $18,898,035Net Income 2024: $2,000,6852024

Highlighted filing

2014

Revenue$5,451,406
Expenses$4,352,584
Net Income$1,098,822
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 22, 2015
Return Version
2014v5.0
Gross Receipts
$5,451,406
Mission and Program Overview

Mission

As a member owned cooperative, this credit union is dedicated to providing high quality financial services to the members, remaining responsive to member needs and goals, and pursuing the philosophy of "people helping people" within the constraints of sound business practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$63,875,000$63,903,000▲ $28,000
Other Notes and Loans Receivable, Net$47,778,939$49,914,403▲ $2,135,464
Rtn Earn Endowment Incm Other Fnds$16,594,750$17,693,572▲ $1,098,822
Land, Buildings, and Equipment, Net$5,041,672$4,856,140▼ $185,532
Savings and Temporary Cash Investments$1,941,452$3,317,473▲ $1,376,021
Cash and Non-Interest-Bearing Accounts$1,837,732$2,232,677▲ $394,945
Investments Program Related$1,041,792$1,071,683▲ $29,891
Prepaid Expenses and Deferred Charges$220,238$169,763▼ $50,475
Total Assets$123,123,841$129,041,823▲ $5,917,982
Other Assets Total$1,387,016$3,576,684▲ $2,189,668
Liabilities
Other Liabilities$105,855,105$110,888,531▲ $5,033,426
Accounts Payable and Accrued Expenses$673,986$459,720▼ $214,266
Total Liabilities$106,529,091$111,348,251▲ $4,819,160
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,594,750$17,693,572▲ $1,098,822
Total Liabilities and Net Assets / Fund Balance$123,123,841$129,041,823▲ $5,917,982

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,123,451$1,645,325$4,768,776
Equipment$460,345$1,338,274$1,798,619
Land$1,186,181-$1,186,181
Leasehold Improvements$86,163$31,170$117,333
Other Securities$63,903,000--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Don AckermanPresidentFT$175,969$34,421$210,390
Steve ButlerVP of It & BFT$77,751$12,872$90,623
Mary OrrVP of OperatFT$67,092$7,004$74,096
Jessica ShorneyCFOFT$62,860$10,565$73,425

Board Members and Trustees

NameTitle
Chris GeorgeBoard Member
Julius B MeltonBrd Member
Rick WilsonBrd Member
Robert RigsbyBrd Member
Ron BarberBrd Member
Steve LoshBrd Member
Greg EckChrm of Brd
David RoperTreasurer
Steve WoodallVice Chrm of
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,580,256
Investment Income
$836,369
Other Revenue
$34,781
Change in Net Assets
$1,098,822

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,451,406
Total Revenue per Audited Statements
$5,451,406
Total Revenue per Form 990
$5,451,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,424,347
Salaries, Compensation, and Employee Benefits$1,928,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,131,455
Current Officers, Directors, Trustees, and Key Employees---$448,534
Occupancy---$399,778
Office Expenses---$396,470
Interest---$314,851
Advertising---$221,247
Other Employee Benefits---$178,249
Payroll Taxes---$114,213
Depreciation Depletion---$112,015
All Other Expenses---$102,101
Other Expenses---$75,839
Insurance---$60,572
Pension Plan Contributions---$55,786
Fees for Services Accounting---$31,033
Conferences and Meetings---$6,014
Travel---$5,184
Fees for Services Legal---$225
Total Functional Expenses$0$0$0$4,352,584

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,352,584
Total Expenses per Audited Statements$4,352,584
Total Expenses per Form 990$4,352,584
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' DEPOSITS$110,888,531
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 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

“The members of the credit union elect the board of directors and supervisory committee members for three year terms.”

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

“The return is given to the president, don ackerman and the board for review. After reviewing the return, don signs the e-file authorization form, it is e-filed with the irs. A copy of the final return is included at the next monthly board meeting.”

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

“The president preformance and compensation review committee is selected from the members of the board. This committee uses cuna compensation survey, other demographic compensation reports and the credit union's past performance to evaluate the appropiate amount of executive compensation. The amount of executive compensation is proposed to the board in a closed door meeting and after a discussion among the board members an amount is approved.”

Form 990, Page 6, Part VI, Line 19

“Audits, tax returns, governing documents and coflict of interest policies are all available to the public upon their request.”

Filing and Contact Details

Filer

Filer Name
Telcomm Credit Union
EIN
44-0538278
Phone
4178865355
Address
2155 E SUNSHINE, SPRINGFIELD, MO 65804

Signing Officer

Name
Don Ackerman
Title
President
Phone
4178865355
Signed
2015-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Ackerman
Formed
1940
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
52
Volunteers
9

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 - ORGANIZATION'S MISSION

“As a member owned cooperative, this credit union is dedicated to providing high quality financial services to the members, remaining responsive to member needs and goals, and pursuing the philosophy of "people helping people" within the constraints of sound business practices.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The credit union is exempt from income taxes under the internal revenue code and similar state statutes. The credit union has analyzed the tax positions taken and has concluded that as of december 31, 2014 and 2013, there are no uncertain positions taken, or expected to be taken, that would require recognition of an asset or liability or disclosure in the financial statements. A tax asset or liability would be recognized if the credit union has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. The credit union is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The credit union believes it is no longer subject to income tax examinations for years prior to 2011. However, tax years prior to 2011 remain subject to examination by certain states. The credit union does not believe it likely that changes will occur within the next fiscal year that will have a material impact on the financial statements.”

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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt017693572
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt013000
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt034781
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IRS990/OccupancyGrp/TotalAmt0399778
IRS990/OfficeExpensesGrp/TotalAmt0396470
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01387016
IRS990/OtherAssetsTotalGrp/EOYAmt03576684
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0178249
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1ATM/CC PROCESSING
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3FRANCHISE TAX
IRS990/OtherExpensesGrp/TotalAmt0469294
IRS990/OtherExpensesGrp/TotalAmt1149244
IRS990/OtherExpensesGrp/TotalAmt280480
IRS990/OtherExpensesGrp/TotalAmt375839
IRS990/OtherLiabilitiesGrp/BOYAmt0105855105
IRS990/OtherLiabilitiesGrp/EOYAmt0110888531
IRS990/OtherSalariesAndWagesGrp/TotalAmt01131455
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt047778939
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt049914403
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0114213
IRS990/PensionPlanContributionsGrp/TotalAmt055786
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0220238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0169763
IRS990/PrincipalOfficerNm0DON ACKERMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
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IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2CREDIT CARD INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4INSURANCE COMMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02760605
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1915219
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2800278
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt353854
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt450300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02760605
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1915219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2800278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt353854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt450300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0898301
IRS990/PYOtherExpensesAmt02716334
IRS990/PYOtherRevenueAmt043211
IRS990/PYProgramServiceRevenueAmt04517730
IRS990/PYRevenuesLessExpensesAmt0867622
IRS990/PYSalariesCompEmpBnftPaidAmt01875286
IRS990/PYTotalExpensesAmt04591620
IRS990/PYTotalRevenueAmt05459242
IRS990/ReconcilationRevenueExpnssAmt01098822
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt034781
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016594750
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017693572
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01941452
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03317473
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03123451
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01645325
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04768776
IRS990ScheduleD/EquipmentGrp/BookValueAmt0460345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01338274
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01798619
IRS990ScheduleD/ExpensesSubtotalAmt04352584
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01186181
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01186181
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt086163
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031170
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0110888531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt063903000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT IN BANKS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt05451406
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT FROM INCOME TAXES UNDER THE INTERNAL REVENUE CODE AND SIMILAR STATE STATUTES. THE CREDIT UNION HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF AN ASSET OR LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. A TAX ASSET OR LIABILITY WOULD BE RECOGNIZED IF THE CREDIT UNION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CREDIT UNION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CREDIT UNION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. HOWEVER, TAX YEARS PRIOR TO 2011 REMAIN SUBJECT TO EXAMINATION BY CERTAIN STATES. THE CREDIT UNION DOES NOT BELIEVE IT LIKELY THAT CHANGES WILL OCCUR WITHIN THE NEXT FISCAL YEAR THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04856140
IRS990ScheduleD/TotalBookValueSecuritiesAmt063903000
IRS990ScheduleD/TotalExpensesPerForm990Amt04352584
IRS990ScheduleD/TotalLiabilityAmt0110888531
IRS990ScheduleD/TotalRevenuePerForm990Amt05451406
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05451406
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04352584
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175969
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012301
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DON ACKERMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210390
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS A MEMBER OWNED COOPERATIVE, THIS CREDIT UNION IS DEDICATED TO PROVIDING HIGH QUALITY FINANCIAL SERVICES TO THE MEMBERS, REMAINING RESPONSIVE TO MEMBER NEEDS AND GOALS, AND PURSUING THE PHILOSOPHY OF "PEOPLE HELPING PEOPLE" WITHIN THE CONSTRAINTS OF SOUND BUSINESS PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS FOR THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS GIVEN TO THE PRESIDENT, DON ACKERMAN AND THE BOARD FOR REVIEW. AFTER REVIEWING THE RETURN, DON SIGNS THE E-FILE AUTHORIZATION FORM, IT IS E-FILED WITH THE IRS. A COPY OF THE FINAL RETURN IS INCLUDED AT THE NEXT MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT PREFORMANCE AND COMPENSATION REVIEW COMMITTEE IS SELECTED FROM THE MEMBERS OF THE BOARD. THIS COMMITTEE USES CUNA COMPENSATION SURVEY, OTHER DEMOGRAPHIC COMPENSATION REPORTS AND THE CREDIT UNION'S PAST PERFORMANCE TO EVALUATE THE APPROPIATE AMOUNT OF EXECUTIVE COMPENSATION. THE AMOUNT OF EXECUTIVE COMPENSATION IS PROPOSED TO THE BOARD IN A CLOSED DOOR MEETING AND AFTER A DISCUSSION AMONG THE BOARD MEMBERS AN AMOUNT IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUDITS, TAX RETURNS, GOVERNING DOCUMENTS AND COFLICT OF INTEREST POLICIES ARE ALL AVAILABLE TO THE PUBLIC UPON THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0123123841
IRS990/TotalAssetsEOYAmt0129041823
IRS990/TotalAssetsGrp/BOYAmt0123123841
IRS990/TotalAssetsGrp/EOYAmt0129041823
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04352584
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0106529091
IRS990/TotalLiabilitiesEOYAmt0111348251
IRS990/TotalLiabilitiesGrp/BOYAmt0106529091
IRS990/TotalLiabilitiesGrp/EOYAmt0111348251
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016594750
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017693572
IRS990/TotalOtherCompensationAmt064862
IRS990/TotalProgramServiceRevenueAmt04580256
IRS990/TotalReportableCompFromOrgAmt0383672
IRS990/TotalRevenueGrp/ExclusionAmt0858150
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04593256
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05451406
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0123123841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0129041823
IRS990/TravelGrp/TotalAmt05184
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02155 E SUNSHINE
IRS990/USAddress/CityNm0SPRINGFIELD
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd065804
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.TELCOMMCU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON ACKERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04178865355
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TELCOMM CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0TELC
ReturnHeader/Filer/EIN0440538278
ReturnHeader/Filer/PhoneNum04178865355
ReturnHeader/Filer/USAddress/AddressLine1Txt02155 E SUNSHINE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,041,823
Liabilities
$111,348,251
Net assets
$17,693,572
Revenue
$5,451,406
Expenses
$4,352,584
Net income
$1,098,822
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$308$270$38.0$20.9$18.9$2.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$274$242$32.4$13.6$10.4$3.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$212$34.7$11.8$8.00$3.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$221$189$31.8$10.6$7.41$3.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$179$151$27.6$9.70$6.69$3.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$151$130$20.8$6.82$5.13$1.69
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$144$124$19.0$6.17$4.79$1.38
2015Detailed filing. Detailed filing data is available for this year.$136$118$18.6$5.66$4.64$1.01
2014Detailed filing. Detailed filing data is available for this year.$129$111$17.7$5.45$4.35$1.10
2013Detailed filing. Detailed filing data is available for this year.$123$107$16.6$5.46$4.59$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$99.4$15.7$4.52
Peer Organizations

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