Civic Intelligence

Citizens Community Credit Union

990 • Fiscal year 2013 • EIN 45-0254158

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 15, 2014

Organization ProfileWWW.CITIZENS-CU.COM

View Organization Page

1117 Hwy 2 EDevils Lake, ND 58301

(701) 662-8118

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.88x

Higher debt load relative to assets than 32% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

28th percentile

15.53x

Higher debt load relative to revenue than 28% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

93rd percentile

25%

Higher net margin than 93% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

77th percentile

$251,688

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

89th percentile

8.3%

Faster asset growth than 89% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

18th percentile

-10%

Faster revenue growth than 18% of similar nonprofits.

2013 filings • $100M-$250M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$144,800,034

Up $11,091,035 (+8.3%) from 2012

Net Assets

Up

$17,135,041

Up $2,078,314 (+14%) from 2012

Liabilities

Up

$127,664,993

Up $9,012,721 (+7.6%) from 2012

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin93rd percentile

Revenue

Down

$8,221,478

Down $938,836 (-10%) from 2012

Expenses

Up

$6,143,164

Up $293,191 (+5.0%) from 2012

Net Income

Down

$2,078,314

Down $1,232,027 (-37%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$200M$150M$100M$50M$0Assets 2010: $117,576,179Liabilities 2010: $107,077,115Net Assets 2010: $10,499,0642010Assets 2011: $124,664,323Liabilities 2011: $112,917,941Net Assets 2011: $11,746,3822011Assets 2012: $133,708,999Liabilities 2012: $118,652,272Net Assets 2012: $15,056,7272012Assets 2013: $144,800,034Liabilities 2013: $127,664,993Net Assets 2013: $17,135,0412013Assets 2014: $164,491,933Liabilities 2014: $145,661,321Net Assets 2014: $18,830,6122014Assets 2015: $188,225,772Liabilities 2015: $167,725,762Net Assets 2015: $20,500,0102015Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2013

Assets$144,800,034
Liabilities$127,664,993
Net Assets$17,135,041
Open 2013 Filing

Operations Trend

Revenue Growth18th percentile

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

$20M$10M$0-$10MExpenses 2010: $6,641,7092010Expenses 2011: $6,051,8632011Revenue 2012: $9,160,314Expenses 2012: $5,849,973Net Income 2012: $3,310,3412012Revenue 2013: $8,221,478Expenses 2013: $6,143,164Net Income 2013: $2,078,3142013Revenue 2014: $9,155,180Expenses 2014: $7,459,609Net Income 2014: $1,695,5712014Revenue 2015: $10,185,158Expenses 2015: $8,515,760Net Income 2015: $1,669,3982015Revenue 2017: $9,910,752Expenses 2017: $17,770,310Net Income 2017: -$7,859,5582017

Highlighted filing

2013

Revenue$8,221,478
Expenses$6,143,164
Net Income$2,078,314
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 15, 2014
Return Version
2013v3.0
Gross Receipts
$8,221,478
Mission and Program Overview

Mission

To maintain a stable organization which will provide such service to its members as will encourage them to accumulate savings and to provide for them a source of credit for provident and productive purposes and to help them eventually attain financial security and independence

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$108,937,509$121,559,472▲ $12,621,963
Rtn Earn Endowment Incm Other Fnds$15,056,727$17,135,041▲ $2,078,314
Savings and Temporary Cash Investments$15,244,406$9,498,304▼ $5,746,102
Land, Buildings, and Equipment, Net$1,288,098$4,632,309▲ $3,344,211
Investments Other Securities$3,446,062$3,432,844▼ $13,218
Cash and Non-Interest-Bearing Accounts$1,623,920$1,787,640▲ $163,720
Prepaid Expenses and Deferred Charges$668,528$791,919▲ $123,391
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$133,708,999$144,800,034▲ $11,091,035
Other Assets Total$2,500,476$3,097,546▲ $597,070
Liabilities
Other Liabilities$114,351,867$126,119,731▲ $11,767,864
Mortgage Notes Payable Secured by Investment Property$3,132,000$0▼ $3,132,000
Accounts Payable and Accrued Expenses$1,123,573$1,413,184▲ $289,611
Escrow Account Liability$44,832$132,078▲ $87,246
Total Liabilities$118,652,272$127,664,993▲ $9,012,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,056,727$17,135,041▲ $2,078,314
Total Liabilities and Net Assets / Fund Balance$133,708,999$144,800,034▲ $11,091,035

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,812,126$725,618$0
Other Land Buildings$0$0$0
Land$1,352,741-$0
Equipment$467,442$2,302,347$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darwin BrokkePresident/CEOFT$136,000$115,688$251,688
Ben DyrlandCFOFT$78,126$18,873$96,999

Board Members and Trustees

NameTitle
Mark MotisBoard Chairperson
Scott AndersonBoard Vice-chair
Leroy RiceBoard Director
Curtis BrodenBoard Member
George ZenkBoard Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Shingobee BuildersNew Building Construction-$1,864,325
Datrue Process AutomationBank Equipment Provider-$261,222
Blue Cross Blue Shield North DakotaEmployee Medical Insurance-$242,866
Network Center INCNetwork And It Support-$222,527
Harland Financial ServicesInformation Processing Vendor-$208,354
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,958,391
Investment Income
$238,275
Other Revenue
$24,812
Change in Net Assets
$2,078,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,535,917
Salaries, Compensation, and Employee Benefits$2,607,247
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,708,862
Interest---$944,140
Office Expenses---$712,803
Information Technology---$330,930
Other Employee Benefits---$309,546
Occupancy---$267,110
Depreciation Depletion---$262,951
Advertising---$254,835
Current Officers, Directors, Trustees, and Key Employees---$250,569
Pension Plan Contributions---$186,799
Payroll Taxes---$151,471
Fees for Services Other---$145,657
Fees for Services Accounting---$108,112
Insurance---$78,804
Fees for Services Legal---$76,679
Conferences and Meetings---$20,307
All Other Expenses---$18,450
Other Expenses---$10,864
Total Functional Expenses$0$0$0$6,143,164
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 Deposits$126,119,731
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
Yes
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, Part VI, Section A, Line 6

“The organization has credit union members.”

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

“Credit union members are given the opportunity to vote for members of the governing board and credit committee at an anual meeting.”

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

“Accounting staff prepare the 990 and the cfo reviews the 990 prior to filing.”

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

“Credit union policy prohibits employees, directors and committee members from participation, either directly or indirectly, in an activity that may result in a conflict of interest with the credit union. Employees are subject to disciplinary action, up to termination, and directors and committee members are subject to removal for viloations of this policy.”

Form 990, Part VI, Section B, Line 15

“The board retains the services of an independant consultant. The consultant reviews compensation for all employees and makes recomendations based upon current market trends.”

Form 990, Part VI, Section C, Line 19

“Documents are kept at the credit union main office and made available to the public upon request.”

Filing and Contact Details

Filer

EIN
45-0254158
Phone
7016628118

Signing Officer

Name
Ben Dyrland
Title
Chief Financial Officer
Phone
7016628118
Signed
2014-08-15

Organization Details

Principal Officer
Darwin Brokke
Formed
1940
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
83
Volunteers
8
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 12A

“The credit union receives an annual financial statement opinion audit from licensed auditors, however, the audit period covered is october 1st of the prior fiscal year to september 30th of the current fiscal year.”

Financial Statement Notes

Schedule D, Part IV, Line 2B

“The credit union holds escrow funds for the payment of property taxes and home owner's insurance as a service to its members who have mortgages with the credit union.”

Schedule D, 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 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, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 465 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/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0267110
IRS990/OfficeExpensesGrp/TotalAmt0712803
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02500476
IRS990/OtherAssetsTotalGrp/EOYAmt03097546
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0309546
IRS990/OtherExpensesGrp/Desc0COLLECTION EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2SHARE DRAFT ACCOUNT LOSSES
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING AND EDUCATION
IRS990/OtherExpensesGrp/TotalAmt029243
IRS990/OtherExpensesGrp/TotalAmt1210824
IRS990/OtherExpensesGrp/TotalAmt264208
IRS990/OtherExpensesGrp/TotalAmt310864
IRS990/OtherLiabilitiesGrp/BOYAmt0114351867
IRS990/OtherLiabilitiesGrp/EOYAmt0126119731
IRS990/OtherRevenueMiscGrp/BusinessCd0522130
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt024812
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024812
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt024812
IRS990/OtherSalariesAndWagesGrp/TotalAmt01708862
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0108937509
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0121559472
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0151471
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0186799
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0668528
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0791919
IRS990/PrincipalOfficerNm0Darwin Brokke
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES, CHARGES AND COMMISSIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06235793
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11659232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06235793
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11722598
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt163366
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01461306
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0318948
IRS990/PYOtherExpensesAmt03494818
IRS990/PYOtherRevenueAmt0100862
IRS990/PYProgramServiceRevenueAmt07279198
IRS990/PYRevenuesLessExpensesAmt03310341
IRS990/PYSalariesCompEmpBnftPaidAmt02355155
IRS990/PYTotalExpensesAmt05849973
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09160314
IRS990/ReconcilationRevenueExpnssAmt02078314
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015056727
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017135041
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015244406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09498304
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02812126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0725618
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03537744
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0467442
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02302347
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02769789
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01352741
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01352741
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0126119731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS ESCROW FUNDS FOR THE PAYMENT OF PROPERTY TAXES AND HOME OWNER'S INSURANCE AS A SERVICE TO ITS MEMBERS WHO HAVE MORTGAGES WITH THE CREDIT UNION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE 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 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, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part IV, Line 2b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04632309
IRS990ScheduleD/TotalLiabilityAmt0126119731
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0136000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount033120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt065551
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013694
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt03323
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DARWIN BROKKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0251688
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD RETAINS THE SERVICES OF AN INDEPENDANT CONSULTANT. THE CONSULTANT REVIEWS COMPENSATION FOR ALL EMPLOYEES AND MAKES RECOMENDATION BASED UPON CURRENT MARKET TRENDS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION RECEIVES AN ANNUAL FINANCIAL STATEMENT OPINION AUDIT FROM LICENSED AUDITORS, HOWEVER, THE AUDIT PERIOD COVERED IS OCTOBER 1ST OF THE PRIOR FISCAL YEAR TO SEPTEMBER 30TH OF THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT UNION MEMBERS ARE GIVEN THE OPPORTUNITY TO VOTE FOR MEMBERS OF THE GOVERNING BOARD AND CREDIT COMMITTEE AT AN ANUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTING STAFF PREPARE THE 990 AND THE CFO REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDIT UNION POLICY PROHIBITS EMPLOYEES, DIRECTORS AND COMMITTEE MEMBERS FROM PARTICIPATION, EITHER DIRECTLY OR INDIRECTLY, IN AN ACTIVITY THAT MAY RESULT IN A CONFLICT OF INTEREST WITH THE CREDIT UNION. EMPLOYEES ARE SUBJECT TO DISCIPLINARY ACTION, UP TO TERMINATION, AND DIRECTORS AND COMMITTEE MEMBERS ARE SUBJECT TO REMOVAL FOR VILOATIONS OF THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD RETAINS THE SERVICES OF AN INDEPENDANT CONSULTANT. THE CONSULTANT REVIEWS COMPENSATION FOR ALL EMPLOYEES AND MAKES RECOMENDATIONS BASED UPON CURRENT MARKET TRENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE KEPT AT THE CREDIT UNION MAIN OFFICE AND MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Line 12a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
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/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0133708999
IRS990/TotalAssetsEOYAmt0144800034

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,800,034
Liabilities
$127,664,993
Net assets
$17,135,041
Revenue
$8,221,478
Expenses
$6,143,164
Net income
$2,078,314
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$9.91$17.8$7.86
2015Detailed filing. Detailed filing data is available for this year.$188$168$20.5$10.2$8.52$1.67
2014Detailed filing. Detailed filing data is available for this year.$164$146$18.8$9.16$7.46$1.70
2013Detailed filing. Detailed filing data is available for this year.$145$128$17.1$8.22$6.14$2.08
2012Summary only. Only limited summary data is available for this year.$134$119$15.1$9.16$5.85$3.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$113$11.7$6.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$107$10.5$6.64