Civic Intelligence

B&V Credit Union

990 • Fiscal year 2019 • EIN 44-0648650

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 04, 2020

11401 Lamar AvenueOverland Park, KS 66211-1508

(913) 458-2739

Siviq Scores

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

Liabilities / Assets

29th percentile

0.86x

Higher debt load relative to assets than 29% of similar nonprofits.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

31.59x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2019

Net Margin

20th percentile

4.9%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

25th percentile

$119,724

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2019

Asset Growth

6th percentile

-3.3%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

8.0%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Down

$57,565,312

Down $1,940,642 (-3.3%) from 2018

Net Assets

Up

$8,259,466

Up $326,562 (+4.1%) from 2018

Liabilities

Down

$49,305,846

Down $2,267,204 (-4.4%) from 2018

Revenue

Up

$1,560,661

Up $116,232 (+8.0%) from 2018

Expenses

Up

$1,484,471

Up $242,284 (+20%) from 2018

Net Income

Down

$76,190

Down $126,052 (-62%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $54,354,725Liabilities 2010: $48,372,628Net Assets 2010: $5,982,0972010Assets 2011: $58,967,638Liabilities 2011: $52,563,168Net Assets 2011: $6,404,4702011Assets 2012: $65,991,111Liabilities 2012: $59,402,312Net Assets 2012: $6,588,7992012Assets 2013: $64,108,753Liabilities 2013: $58,432,013Net Assets 2013: $5,676,7402013Assets 2014: $65,770,334Liabilities 2014: $59,018,348Net Assets 2014: $6,751,9862014Assets 2015: $66,681,726Liabilities 2015: $59,481,896Net Assets 2015: $7,199,8302015Assets 2016: $66,650,942Liabilities 2016: $59,240,983Net Assets 2016: $7,409,9592016Assets 2017: $63,977,569Liabilities 2017: $56,181,406Net Assets 2017: $7,796,1632017Assets 2018: $59,505,954Liabilities 2018: $51,573,050Net Assets 2018: $7,932,9042018Assets 2019: $57,565,312Liabilities 2019: $49,305,846Net Assets 2019: $8,259,4662019Assets 2020: $64,815,159Liabilities 2020: $56,325,972Net Assets 2020: $8,489,1872020Assets 2021: $65,094,444Liabilities 2021: $56,945,665Net Assets 2021: $8,148,7792021Assets 2022: $61,643,726Liabilities 2022: $53,359,934Net Assets 2022: $8,283,7922022Assets 2023: $52,596,799Liabilities 2023: $44,940,645Net Assets 2023: $7,656,1542023Assets 2024: $46,667,720Liabilities 2024: $39,301,699Net Assets 2024: $7,366,0212024

Highlighted filing

2019

Assets$57,565,312
Liabilities$49,305,846
Net Assets$8,259,466

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,502,4922010Expenses 2011: $1,275,7202011Revenue 2012: $1,333,562Expenses 2012: $1,107,219Net Income 2012: $226,3432012Revenue 2013: $1,197,788Expenses 2013: $900,856Net Income 2013: $296,9322013Revenue 2014: $1,197,706Expenses 2014: $963,195Net Income 2014: $234,5112014Revenue 2015: $1,221,271Expenses 2015: $920,814Net Income 2015: $300,4572015Revenue 2016: $1,202,059Expenses 2016: $851,264Net Income 2016: $350,7952016Revenue 2017: $1,312,226Expenses 2017: $999,919Net Income 2017: $312,3072017Revenue 2018: $1,444,429Expenses 2018: $1,242,187Net Income 2018: $202,2422018Revenue 2019: $1,560,661Expenses 2019: $1,484,471Net Income 2019: $76,1902019Revenue 2020: $1,431,797Expenses 2020: $1,257,486Net Income 2020: $174,3112020Revenue 2021: $1,181,850Expenses 2021: $1,045,341Net Income 2021: $136,5092021Revenue 2022: $1,236,714Expenses 2022: $1,199,538Net Income 2022: $37,1762022Revenue 2023: $1,247,112Expenses 2023: $1,915,107Net Income 2023: -$667,9952023Revenue 2024: $1,329,430Expenses 2024: $1,637,251Net Income 2024: -$307,8212024

Highlighted filing

2019

Revenue$1,560,661
Expenses$1,484,471
Net Income$76,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 4, 2020
Return Version
2019v5.1
Gross Receipts
$1,560,661
Mission and Program Overview

Mission

To provide high quality financial services for our members/owners, enhancing their financial well-being while maintaining the financial strength of the credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,049,044$25,344,057▲ $3,295,013
Savings and Temporary Cash Investments$21,342,452$20,332,178▼ $1,010,274
Investments Other Securities$15,035,068$10,626,546▼ $4,408,522
Rtn Earn Endowment Incm Other Fnds$7,932,904$8,259,466▲ $326,562
Cash and Non-Interest-Bearing Accounts$150,652$409,416▲ $258,764
Prepaid Expenses and Deferred Charges$43,434$41,115▼ $2,319
Land, Buildings, and Equipment, Net$7,098$924▼ $6,174
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$59,505,954$57,565,312▼ $1,940,642
Other Assets Total$878,206$811,076▼ $67,130
Liabilities
Other Liabilities$51,502,256$49,192,390▼ $2,309,866
Accounts Payable and Accrued Expenses$70,794$113,456▲ $42,662
Total Liabilities$51,573,050$49,305,846▼ $2,267,204
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,932,904$8,259,466▲ $326,562
Total Liabilities and Net Assets / Fund Balance$59,505,954$57,565,312▼ $1,940,642

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$924$393,833$394,757
Other Securities$8,677,870--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra K BartholomewPresidentFT$101,700$18,024$119,724

Board Members and Trustees

NameTitle
William G StannardChairman
Lawrence F Beil IiVice Chairman
Stuart M StorrsAssistant Treasurer
David J JohnsonSecretary
Wbrent FerrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$970,554
Investment Income
$586,494
Other Revenue
$3,613
Change in Net Assets
$76,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,148,869
Salaries, Compensation, and Employee Benefits$335,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$162,675
Current Officers, Directors, Trustees, and Key Employees---$119,724
Office Expenses---$91,600
Fees for Services Other---$35,308
Insurance---$31,600
Other Employee Benefits---$23,548
Fees for Services Accounting---$22,855
Other Expenses---$21,137
Payroll Taxes---$20,361
Advertising---$20,192
All Other Expenses---$19,314
Depreciation Depletion---$14,368
Pension Plan Contributions---$9,294
Conferences and Meetings---$8,173
Fees for Services Legal---$1,415
Interest---$678
Total Functional Expenses$0$0$0$1,484,471
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$48,964,004
457 Retirement Plan$228,386
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
No
Other officer compensation reviewed
No
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 credit union president reviews the form 990 and provides a copy to the board of directors.

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

On an annual basis, the president and all directors, committee members and key employees are required to review the conflict of interest policy, disclose any interests the 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 and approves all compensation, including the president's. Deliberations and decisions are documented in the minutes.

Form 990, Part VI, Section C, line 19

Financial statements are posted in the credit union lobby and are 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
B&v Credit Union
EIN
44-0648650
Phone
9134582739
Address
11401 LAMAR AVENUE, OVERLAND PARK, KS 66211-1508

Signing Officer

Name
Sandra K Bartholomew
Title
President
Phone
9134582739
Signed
2020-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra K Bartholomew
Formed
1954
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
10

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061
Preparer
Gerald Tenbrink
Phone
9138946214
Raw XML Appendix345 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.

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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2019, THERE WERE 1,774 LOANS OUTSTANDING TOTALING $25,512,692.
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0HTM-FEDERAL AGENCY SEC.
IRS990ScheduleD/OtherSecuritiesGrp/Desc1AFS-FEDERAL AGENCY SEC.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0924
IRS990ScheduleD/TotalBookValueSecuritiesAmt010626546
IRS990ScheduleD/TotalLiabilityAmt049192390
IRS990/ScheduleJRequiredInd00
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 CREDIT UNION PRESIDENT REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, THE PRESIDENT AND ALL DIRECTORS, COMMITTEE MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THE 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 AND APPROVES ALL COMPENSATION, INCLUDING THE PRESIDENT'S. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY AND ARE 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/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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt059505954
IRS990/TotalAssetsEOYAmt057565312
IRS990/TotalAssetsGrp/BOYAmt059505954
IRS990/TotalAssetsGrp/EOYAmt057565312
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt01484471
IRS990/TotalGrossUBIAmt0250
IRS990/TotalLiabilitiesBOYAmt051573050
IRS990/TotalLiabilitiesEOYAmt049305846
IRS990/TotalLiabilitiesGrp/BOYAmt051573050
IRS990/TotalLiabilitiesGrp/EOYAmt049305846
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07932904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08259466
IRS990/TotalOtherCompensationAmt018024
IRS990/TotalProgramServiceRevenueAmt0970554
IRS990/TotalReportableCompFromOrgAmt0101700
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01560411
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01560661
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0250
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt059505954
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt057565312
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011401 LAMAR AVENUE
IRS990/USAddress/CityNm0OVERLAND PARK
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd0662111508
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BVCREDITUNION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDRA K BARTHOLOMEW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09134582739
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0B&V CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0B&VC
ReturnHeader/Filer/EIN0440648650
ReturnHeader/Filer/PhoneNum09134582739
ReturnHeader/Filer/USAddress/AddressLine1Txt011401 LAMAR AVENUE
ReturnHeader/Filer/USAddress/CityNm0OVERLAND PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd0662111508
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId090B5988E53CBDDD12AFD5F67CACC6EB659604036
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId090B5988E53CBDDD12AFD5F67CACC6EB659604036
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.87.82.114
ReturnHeader/FilingSecurityInformation/IPDt02020-09-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:35:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810781371
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J TENBRINK & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011272 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLATHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066061
ReturnHeader/PreparerPersonGrp/PhoneNum09138946214
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERALD TENBRINK
ReturnHeader/ReturnTs02020-09-04T16:36:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$39.3$7.37$1.33$1.64$0.31
2023Detailed filing. Detailed filing data is available for this year.$52.6$44.9$7.66$1.25$1.92$0.67
2022Detailed filing. Detailed filing data is available for this year.$61.6$53.4$8.28$1.24$1.20$0.04
2021Detailed filing. Detailed filing data is available for this year.$65.1$56.9$8.15$1.18$1.05$0.14
2020Detailed filing. Detailed filing data is available for this year.$64.8$56.3$8.49$1.43$1.26$0.17
2019Detailed filing. Detailed filing data is available for this year.$57.6$49.3$8.26$1.56$1.48$0.08
2018Detailed filing. Detailed filing data is available for this year.$59.5$51.6$7.93$1.44$1.24$0.20
2017Detailed filing. Detailed filing data is available for this year.$64.0$56.2$7.80$1.31$1.00$0.31
2016Detailed filing. Detailed filing data is available for this year.$66.7$59.2$7.41$1.20$0.85$0.35
2015Detailed filing. Detailed filing data is available for this year.$66.7$59.5$7.20$1.22$0.92$0.30
2014Detailed filing. Detailed filing data is available for this year.$65.8$59.0$6.75$1.20$0.96$0.23
2013Detailed filing. Detailed filing data is available for this year.$64.1$58.4$5.68$1.20$0.90$0.30
2012Summary only. Only limited summary data is available for this year.$66.0$59.4$6.59$1.33$1.11$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.0$52.6$6.40$1.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.4$48.4$5.98$1.50