Civic Intelligence

First Community Credit Union

990 • Fiscal year 2018 • EIN 45-0226664

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileWWW.MYFCCU.COM

View Organization Page

PO Box 2180Jamestown, ND 58401

(701) 253-5119

Siviq Scores

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

Liabilities / Assets

27th percentile

0.87x

Higher debt load relative to assets than 27% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

40th percentile

16.08x

Higher debt load relative to revenue than 40% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Net Margin

62nd percentile

16%

Higher net margin than 62% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

50th percentile

$401,843

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Asset Growth

100th percentile

33%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

41%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$827,278,460

Up $206,634,187 (+33%) from 2017

Net Assets

Up

$106,329,484

Up $21,126,563 (+25%) from 2017

Liabilities

Up

$720,948,976

Up $185,507,624 (+35%) from 2017

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin62nd percentile

Revenue

Up

$44,840,630

Up $12,959,303 (+41%) from 2017

Expenses

Up

$37,460,145

Up $13,748,852 (+58%) from 2017

Net Income

Down

$7,380,485

Down $789,549 (-9.7%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$1.5B$1.0B$500M$0Assets 2010: $338,017,767Liabilities 2010: $301,689,768Net Assets 2010: $36,327,9992010Assets 2011: $382,579,235Liabilities 2011: $340,932,902Net Assets 2011: $41,646,3332011Assets 2012: $435,102,304Liabilities 2012: $386,699,786Net Assets 2012: $48,402,5182012Assets 2013: $474,165,366Liabilities 2013: $420,104,022Net Assets 2013: $54,061,3442013Assets 2014: $516,299,138Liabilities 2014: $453,887,971Net Assets 2014: $62,411,1672014Assets 2015: $544,040,067Liabilities 2015: $474,002,015Net Assets 2015: $70,038,0522015Assets 2016: $567,043,264Liabilities 2016: $489,978,990Net Assets 2016: $77,064,2742016Assets 2017: $620,644,273Liabilities 2017: $535,441,352Net Assets 2017: $85,202,9212017Assets 2018: $827,278,460Liabilities 2018: $720,948,976Net Assets 2018: $106,329,4842018Assets 2019: $851,824,528Liabilities 2019: $735,228,053Net Assets 2019: $116,596,4752019Assets 2020: $946,751,216Liabilities 2020: $817,522,511Net Assets 2020: $129,228,7052020Assets 2021: $1,060,866,226Liabilities 2021: $923,698,336Net Assets 2021: $137,167,8902021Assets 2022: $1,195,741,212Liabilities 2022: $1,070,946,411Net Assets 2022: $124,794,8012022Assets 2023: $1,316,792,423Liabilities 2023: $1,178,863,517Net Assets 2023: $137,928,9062023Assets 2024: $1,327,869,515Liabilities 2024: $1,180,731,607Net Assets 2024: $147,137,9082024

Highlighted filing

2018

Assets$827,278,460
Liabilities$720,948,976
Net Assets$106,329,484
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

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

$80M$60M$40M$20M$0Expenses 2010: $20,093,6952010Expenses 2011: $18,794,8352011Expenses 2012: $17,550,2672012Revenue 2013: $25,148,181Expenses 2013: $18,313,278Net Income 2013: $6,834,9032013Revenue 2014: $26,095,516Expenses 2014: $20,158,389Net Income 2014: $5,937,1272014Revenue 2015: $28,720,275Expenses 2015: $21,231,834Net Income 2015: $7,488,4412015Revenue 2016: $28,979,708Expenses 2016: $21,779,515Net Income 2016: $7,200,1932016Revenue 2017: $31,881,327Expenses 2017: $23,711,293Net Income 2017: $8,170,0342017Revenue 2018: $44,840,630Expenses 2018: $37,460,145Net Income 2018: $7,380,4852018Revenue 2019: $47,098,566Expenses 2019: $38,838,200Net Income 2019: $8,260,3662019Revenue 2020: $49,070,121Expenses 2020: $39,663,852Net Income 2020: $9,406,2692020Revenue 2021: $50,434,728Expenses 2021: $37,700,549Net Income 2021: $12,734,1792021Revenue 2022: $51,869,328Expenses 2022: $41,423,974Net Income 2022: $10,445,3542022Revenue 2023: $65,983,287Expenses 2023: $55,394,483Net Income 2023: $10,588,8042023Revenue 2024: $76,733,253Expenses 2024: $68,279,557Net Income 2024: $8,453,6962024

Highlighted filing

2018

Revenue$44,840,630
Expenses$37,460,145
Net Income$7,380,485
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$44,840,630
Mission and Program Overview

Mission

To provide individualized financial solutions for or members through competitive products and well-trained and empowered employees.

First community credit union promotes thrift and provides a source of credit to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$522,077,079$673,875,298▲ $151,798,219
Rtn Earn Endowment Incm Other Fnds$85,202,921$106,329,484▲ $21,126,563
Investments Program Related$48,076,983$65,178,704▲ $17,101,721
Land, Buildings, and Equipment, Net$16,664,022$24,626,781▲ $7,962,759
Savings and Temporary Cash Investments$9,738,823$17,628,000▲ $7,889,177
Cash and Non-Interest-Bearing Accounts$7,082,579$9,967,201▲ $2,884,622
Prepaid Expenses and Deferred Charges$1,345,390$1,852,430▲ $507,040
Investments Other Securities$1,947,500$1,288,700▼ $658,800
Intangible Assets-$1,123,693-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$620,644,273$827,278,460▲ $206,634,187
Other Assets Total$13,711,897$31,737,653▲ $18,025,756
Liabilities
Other Liabilities$498,361,738$706,958,631▲ $208,596,893
Mortgage Notes Payable Secured by Investment Property$33,496,000$8,100,000▼ $25,396,000
Accounts Payable and Accrued Expenses$3,583,614$5,890,345▲ $2,306,731
Total Liabilities$535,441,352$720,948,976▲ $185,507,624
Net Assets / Fund Balance
Total Net Assets Fund Balance$85,202,921$106,329,484▲ $21,126,563
Total Liabilities and Net Assets / Fund Balance$620,644,273$827,278,460▲ $206,634,187

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,574,975$6,175,393$22,750,368
Equipment$1,765,277$4,674,384$6,439,661
Land$5,439,227-$5,439,227
Other Land Buildings$847,302$170,676$1,017,978
Investment Program Related Org$6,990--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SchmitzCEOFT$295,065$106,778$401,843
Darin FinckChief Lending OfficerFT$174,382$70,199$244,581
Craig GrundstromMarket VPFT$168,253$59,525$227,778
Jerry JanzVP/regional Senior Credit OfficerFT$143,330$52,392$195,722
Sean RinkenbergerCFOFT$129,742$59,632$189,374
Zachary DoschVP/bismarck MarketFT$121,413$65,856$187,269
Steve DavisVP/regional Senior Credit OfficerFT$150,969$20,972$171,941
Bonnie NelsonSecretary-$5,300-$5,300
Colin WegenastDirector-$5,300-$5,300
Dayne HeadlandDirector-$5,300-$5,300
Mark WatneDirector-$5,300-$5,300
Owen OlsonChairman-$5,300-$5,300
Sandra FrankeDirector-$5,300-$5,300
Sharman ZachrisonDirector-$5,300-$5,300

Highest Paid Contractors

ContractorServicesLocationCompensation
Meinecke-johnson Company-PO BOX 2643, Fargo, ND 58108-2643$2,268,626
Ncr Corporation-PO BOX 740641, Los Angeles, CA 90074-0641$458,764
Kasasa Ltd-PO BOX 527, Lubbock, TX 79408$399,814
Fiserv INC-PO BOX 99924, Grapevine, TX 76099-9724$340,876
Avenue Right-15 BROADWAY N SUITE 301, Fargo, ND 58102$335,080
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$42,776,931
Investment Income
$1,990,967
Other Revenue
$72,732
Change in Net Assets
$7,380,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,095,283
Salaries, Compensation, and Employee Benefits$17,364,862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$12,271,452
Interest---$4,453,579
Occupancy---$2,591,707
Other Employee Benefits---$2,175,639
Office Expenses---$1,742,428
Information Technology---$1,438,092
Pension Plan Contributions---$1,241,506
Depreciation Depletion---$1,201,417
Advertising---$1,144,478
Payroll Taxes---$943,389
Current Officers, Directors, Trustees, and Key Employees---$732,876
Other Expenses---$619,682
Fees for Services Other---$455,832
Travel---$332,258
Fees for Services Legal---$318,154
Fees for Services Accounting---$176,851
Total Functional Expenses$0$0$0$37,460,145
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 Shares and Savings Accounts$706,958,631
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“There are no classes of members. Everyone who joins the credit union becomes a member.”

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

“All members may vote for their preferred candidate(s) for the board of directors. Elections are held annually to fill expiring terms.”

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

“Bylaw changes and merger decisions require the approval of the members.”

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

“The completed form 990 is reviewed by the cfo and the accounting department.”

Form 990, Part VI, Section B, Line 15

“The board reviews and approves ceo compensation using an outside compensation service and the board's evaluation of the ceo's performance. Other senior level employees are evaluated by the ceo, using an outside compensation service and the ceo's evaluation of performance. The review process is performed annually.”

Form 990, Part VI, Section C, Line 19

“The financial statements and governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
First Community Credit Union
EIN
45-0226664
Phone
7012535119
Address
PO BOX 2180, JAMESTOWN, ND 58401

Signing Officer

Name
Sean Rinkenberger
Title
CFO
Phone
7012535119
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Schmitz
Formed
1939
Legal Domicile
Nd
Voting Board Members
7
Independent Board Members
7
Employees
315
Volunteers
2

Preparer

Firm
Brady Martz & Associates Pc
Address
POST OFFICE BOX 848, MINOT, ND 58702-0848
Preparer
Ryan E Bakke CPA
Phone
7018520196
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Equity acquired in merger 14,166,241.”

Financial Statement Notes

PART X, LINE 2:

“The credit union's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions and other evidence. It is the opinion of management that there the credit union has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the credit union are subject to examination by the irs, general for three years after they were filed. All required filings are up to date.”

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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9MARKET VP
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP/REGIONAL SENIOR CREDIT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP/REGIONAL SENIOR CREDIT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP/BISMARCK MARKET
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt024089
IRS990/GainOrLossGrp/SecuritiesAmt04491
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt024089
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04491
IRS990/GrossReceiptsAmt044840630
IRS990/GrossRentsGrp/RealAmt0160317
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt019
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01438092
IRS990/IntangibleAssetsGrp/EOYAmt01123693
IRS990/InterestGrp/TotalAmt04453579
IRS990/InvestmentIncomeGrp/ExclusionAmt01962387
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01962387
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01947500
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01288700
IRS990/InvestmentsProgramRelatedGrp/BOYAmt048076983
IRS990/InvestmentsProgramRelatedGrp/EOYAmt065178704
IRS990/IRPDocumentCnt010795
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011020453
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016664022
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024626781
IRS990/LandBldgEquipCostOrOtherBssAmt035647234
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE INDIVIDUALIZED FINANCIAL SOLUTIONS FOR OR MEMBERS THROUGH COMPETITIVE PRODUCTS AND WELL-TRAINED AND EMPOWERED EMPLOYEES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt033496000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08100000
IRS990/NetAssetsOrFundBalancesBOYAmt085202921
IRS990/NetAssetsOrFundBalancesEOYAmt0106329484
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt028580
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt028580
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0160317
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0160317
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-420163
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02591707
IRS990/OfficeExpensesGrp/TotalAmt01742428
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013711897
IRS990/OtherAssetsTotalGrp/EOYAmt031737653
IRS990/OtherChangesInNetAssetsAmt014166241
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02175639
IRS990/OtherExpensesGrp/Desc0MEMBER SERVICE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2MERGER EXPENSES
IRS990/OtherExpensesGrp/Desc3LOAN SERVICE & COLLECTI
IRS990/OtherExpensesGrp/TotalAmt02583505
IRS990/OtherExpensesGrp/TotalAmt11525000
IRS990/OtherExpensesGrp/TotalAmt21512300
IRS990/OtherExpensesGrp/TotalAmt3619682
IRS990/OtherLiabilitiesGrp/BOYAmt0498361738
IRS990/OtherLiabilitiesGrp/EOYAmt0706958631
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INVESTMENT INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-87585
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-87585
IRS990/OtherRevenueTotalAmt0-87585
IRS990/OtherSalariesAndWagesGrp/TotalAmt012271452
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0522077079
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0673875298
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0943389
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01241506
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01345390
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01852430
IRS990/PrincipalOfficerNm0STEVE SCHMITZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES & FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033736297
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15290515
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23716039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033736297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15324595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23716039
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt034080
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING FINANCIAL PRODUCTS SUCH AS SAVINGS AND CHECKING ACCOUNTS, IRA ACCOUNTS, CERTIFICATES OF DEPOSIT, CONSUMER LOANS, HOME MORTGAGE LOANS, AND SMALL BUSINESS LOANS TO MEMBERS WITHIN OUR FIELD OF MEMBERSHIP.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING LOANS TO MEMBERS FOR PROVIDENT PURPOSES, THEREBY HELPING TO STABILIZE THE CREDIT STRUCTURE OF THE UNITED STATES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01166490
IRS990/PYOtherExpensesAmt011977104
IRS990/PYOtherRevenueAmt0241235
IRS990/PYProgramServiceRevenueAmt030473602
IRS990/PYRevenuesLessExpensesAmt08170034
IRS990/PYSalariesCompEmpBnftPaidAmt011734189
IRS990/PYTotalExpensesAmt023711293
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt031881327
IRS990/ReconcilationRevenueExpnssAmt07380485
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0160317
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt085202921
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0106329484
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09738823
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017628000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016574975
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06175393
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt022750368
IRS990ScheduleD/EquipmentGrp/BookValueAmt01765277
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04674384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06439661
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt024042876
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11949807
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27435000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt34920000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt426322925
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5-924158
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6351057
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt79523
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt81064684
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt96990
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MORTGAGE BACKED PASSTHROUGHS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ASSET BACKED SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2MUNIS TAXABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3AFS CERTIFICATES OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4CMO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5INVEST VAL RES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6DEF INVEST PREM
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7MONEY MARKET INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8INVESTMENT SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9INVSTMT VAL RES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/LandGrp/BookValueAmt05439227
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05439227
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0847302
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0170676
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01017978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0706958631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THERE THE CREDIT UNION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE CREDIT UNION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERAL FOR THREE YEARS AFTER THEY WERE FILED. ALL REQUIRED FILINGS ARE UP TO DATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024626781
IRS990ScheduleD/TotalBookValueProgramRltdAmt065178704
IRS990ScheduleD/TotalLiabilityAmt0706958631
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0295065
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1129742
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2168253

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Filings

Displayed year

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

Open filing
Assets
$827,278,460
Liabilities
$720,948,976
Net assets
$106,329,484
Revenue
$44,840,630
Expenses
$37,460,145
Net income
$7,380,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,328$1,181$147$76.7$68.3$8.45
2023Summary only. Only limited summary data is available for this year.$1,317$1,179$138$66.0$55.4$10.6
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,196$1,071$125$51.9$41.4$10.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,061$924$137$50.4$37.7$12.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$947$818$129$49.1$39.7$9.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$852$735$117$47.1$38.8$8.26
2018Detailed filing. Detailed filing data is available for this year.$827$721$106$44.8$37.5$7.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$621$535$85.2$31.9$23.7$8.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$567$490$77.1$29.0$21.8$7.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$544$474$70.0$28.7$21.2$7.49
2014Detailed filing. Detailed filing data is available for this year.$516$454$62.4$26.1$20.2$5.94
2013Detailed filing. Detailed filing data is available for this year.$474$420$54.1$25.1$18.3$6.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$435$387$48.4$17.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$383$341$41.6$18.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$338$302$36.3$20.1