Civic Intelligence

Telcomm Credit Union

990 • Fiscal year 2018 • EIN 44-0538278

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

Organization ProfileTELCOMMCU.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

21st percentile

0.85x

Higher debt load relative to assets than 21% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

43rd percentile

16.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Net Margin

98th percentile

34%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

64th percentile

$230,106

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Asset Growth

67th percentile

5.0%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

24%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$158,672,940

Up $7,497,906 (+5.0%) from 2017

Net Assets

Up

$23,170,337

Up $2,346,301 (+11%) from 2017

Liabilities

Up

$135,502,603

Up $5,151,605 (+4.0%) from 2017

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin98th percentile

Revenue

Up

$8,435,467

Up $1,615,096 (+24%) from 2017

Expenses

Up

$5,564,284

Up $435,702 (+8.5%) from 2017

Net Income

Up

$2,871,183

Up $1,179,394 (+70%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth67th 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 2018: $158,672,940Liabilities 2018: $135,502,603Net Assets 2018: $23,170,3372018Assets 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

2018

Assets$158,672,940
Liabilities$135,502,603
Net Assets$23,170,337
Open 2018 Filing

Operations Trend

Revenue Growth97th 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 2018: $8,435,467Expenses 2018: $5,564,284Net Income 2018: $2,871,1832018Revenue 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

2018

Revenue$8,435,467
Expenses$5,564,284
Net Income$2,871,183
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$8,438,316
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.

Member owned cooperative dedicated to providing high quality financial services to its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$62,966,693$78,755,230▲ $15,788,537
Investments in Publicly Traded Securities$50,722,351$49,155,773▼ $1,566,578
Rtn Earn Endowment Incm Other Fnds$20,824,036$23,170,337▲ $2,346,301
Investments Other Securities$20,151,618$15,274,682▼ $4,876,936
Land, Buildings, and Equipment, Net$4,403,884$4,440,969▲ $37,085
Cash and Non-Interest-Bearing Accounts$1,796,044$2,184,996▲ $388,952
Investments Program Related$1,279,230$1,323,699▲ $44,469
Savings and Temporary Cash Investments$3,317,965$997,774▼ $2,320,191
Prepaid Expenses and Deferred Charges$226,447$188,162▼ $38,285
Total Assets$151,175,034$158,672,940▲ $7,497,906
Other Assets Total$6,310,802$6,351,655▲ $40,853
Liabilities
Other Liabilities$129,792,355$134,987,065▲ $5,194,710
Accounts Payable and Accrued Expenses$558,643$515,538▼ $43,105
Total Liabilities$130,350,998$135,502,603▲ $5,151,605
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,824,036$23,170,337▲ $2,346,301
Total Liabilities and Net Assets / Fund Balance$151,175,034$158,672,940▲ $7,497,906

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,880,994$2,216,444$5,097,438
Equipment$371,641$1,870,266$2,241,907
Land$1,186,181-$1,186,181
Other Land Buildings$2,153-$2,153
Other Securities$15,274,682--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Don AckermanPresidentFT$214,904$15,202$230,106
Jessica ShorneyCFOFT$70,776$6,178$76,954
Steve ButlerVP of It & BFT$61,784$2,312$64,096

Board Members and Trustees

NameTitle
Gregory EckChairman
Ron BarberVice Chairma
Bob NetzerBoard Member
Chris GeorgeBoard Member
John HalsteadBoard Member
Julius B MeltonBoard Member
Steve LoshBoard Member
Steve WoodallBoard Member
David RoperSec/treasure

Highest Paid Contractors

ContractorServicesLocationCompensation
Nesbitt ConstructionRemodel1400 E SAINT LOUIS ST, Springfield, MO 65802$152,030
Revenue and Support

Revenue Composition

Contributions and Grants
$456,255
Program Service Revenue
$6,388,458
Investment Income
$1,569,154
Other Revenue
$21,600
All Other Contributions
$456,255
Change in Net Assets
$2,871,183

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$456,255
Total Noncash Contributions1$456,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,273,262
Salaries, Compensation, and Employee Benefits$2,288,772
Grants and Similar Amounts Paid$2,250
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,449,060
Office Expenses---$609,030
Interest---$436,064
Current Officers, Directors, Trustees, and Key Employees---$371,156
Occupancy---$277,282
Depreciation Depletion---$267,103
Other Employee Benefits---$238,511
Advertising---$144,346
Payroll Taxes---$130,124
Other Expenses---$124,392
Pension Plan Contributions---$99,921
Information Technology---$65,842
Insurance---$52,924
All Other Expenses---$49,327
Fees for Services Accounting---$25,408
Conferences and Meetings---$18,805
Travel---$5,076
Fees for Services Legal---$2,834
Grants to Domestic Orgs---$2,250
Total Functional Expenses$0$0$0$5,564,284
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$134,987,065
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
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 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, and 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 performance and compensation review committee is selected from the members of the board. This committee uses the cuna compensation survey, other demographic compensation reports and the credit union's past performance to evaluate the appropriate 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

“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
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
2019-11-05
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
57
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 - 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.”

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IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt010901
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010901
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt021600
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021600
IRS990/NetUnrlzdGainsLossesInvstAmt0-524882
IRS990/NoncashContributionsAmt0456255
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0277282
IRS990/OfficeExpensesGrp/TotalAmt0609030
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06310802
IRS990/OtherAssetsTotalGrp/EOYAmt06351655
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0238511
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1ATM/CC PROCESSING
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3FRANCHISE TAX
IRS990/OtherExpensesGrp/TotalAmt0544013
IRS990/OtherExpensesGrp/TotalAmt1385027
IRS990/OtherExpensesGrp/TotalAmt2265789
IRS990/OtherExpensesGrp/TotalAmt3124392
IRS990/OtherLiabilitiesGrp/BOYAmt0129792355
IRS990/OtherLiabilitiesGrp/EOYAmt0134987065
IRS990/OtherSalariesAndWagesGrp/TotalAmt01449060
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt062966693
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt078755230
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0130124
IRS990/PensionPlanContributionsGrp/TotalAmt099921
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0226447
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0188162
IRS990/PrincipalOfficerNm0DON ACKERMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2522210
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1CREDIT CARD INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4INSURANCE COMMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03702502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11179378
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21021071
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3375158
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4110349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03702502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11179378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21021071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3375158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4110349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01750
IRS990/PYInvestmentIncomeAmt01301446
IRS990/PYOtherExpensesAmt03005843
IRS990/PYOtherRevenueAmt024000
IRS990/PYProgramServiceRevenueAmt05494925
IRS990/PYRevenuesLessExpensesAmt01691789
IRS990/PYSalariesCompEmpBnftPaidAmt02120989
IRS990/PYTotalExpensesAmt05128582
IRS990/PYTotalRevenueAmt06820371
IRS990/ReconcilationRevenueExpnssAmt02871183
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt021600
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020824036
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt023170337
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03317965
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0997774
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02880994
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02216444
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05097438
IRS990ScheduleD/EquipmentGrp/BookValueAmt0371641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01870266
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02241907
IRS990ScheduleD/LandGrp/BookValueAmt01186181
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01186181
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02153
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0134987065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt015274682
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT IN BANKS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04440969
IRS990ScheduleD/TotalBookValueSecuritiesAmt015274682
IRS990ScheduleD/TotalLiabilityAmt0134987065
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0214904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09420
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DON ACKERMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0230106
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0ALL BUS ASSETS
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0456255
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0DUE TO MERGER WITH SPRINGFIELD CATHOLIC CREDIT UNION, THE ORGANIZATION RECEIVED ALL ASSETS OF THE OTHER ENTITY.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE M, PAGE 2, PART II
IRS990ScheduleM/ThirdPartiesUsedInd0false
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 ARE CONSIDERED TO BE THE OWNERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS FOR THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS GIVEN TO THE PRESIDENT, DON ACKERMAN AND THE BOARD FOR REVIEW. AFTER REVIEWING THE RETURN, DON SIGNS THE E-FILE AUTHORIZATION FORM, AND IT IS E-FILED WITH THE IRS. A COPY OF THE FINAL RETURN IS INCLUDED AT THE NEXT MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT PERFORMANCE AND COMPENSATION REVIEW COMMITTEE IS SELECTED FROM THE MEMBERS OF THE BOARD. THIS COMMITTEE USES THE CUNA COMPENSATION SURVEY, OTHER DEMOGRAPHIC COMPENSATION REPORTS AND THE CREDIT UNION'S PAST PERFORMANCE TO EVALUATE THE APPROPRIATE 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/ExplanationTxt5COPIES OF THE CREDIT UNION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0151175034
IRS990/TotalAssetsEOYAmt0158672940
IRS990/TotalAssetsGrp/BOYAmt0151175034
IRS990/TotalAssetsGrp/EOYAmt0158672940
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0456255
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05564284
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0130350998
IRS990/TotalLiabilitiesEOYAmt0135502603
IRS990/TotalLiabilitiesGrp/BOYAmt0130350998
IRS990/TotalLiabilitiesGrp/EOYAmt0135502603
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020824036
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt023170337
IRS990/TotalOtherCompensationAmt023692
IRS990/TotalProgramServiceRevenueAmt06388458
IRS990/TotalReportableCompFromOrgAmt0347464
IRS990/TotalRevenueGrp/ExclusionAmt01579853
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06399359
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08435467
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0151175034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0158672940
IRS990/TravelGrp/TotalAmt05076
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02155 E SUNSHINE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,672,940
Liabilities
$135,502,603
Net assets
$23,170,337
Revenue
$8,435,467
Expenses
$5,564,284
Net income
$2,871,183
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
2018Detailed filing. Detailed filing data is available for this year.$159$136$23.2$8.44$5.56$2.87
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