Civic Intelligence

Med Park Credit Union

990 • Fiscal year 2017 • EIN 45-0283861

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

Organization Profilewww.medparkcu.com

View Organization Page

1200 S Columbia RdGrand Forks, ND 58201

(701) 780-5733

Siviq Scores

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

Liabilities / Assets

66th percentile

0.89x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

29.55x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Asset Growth

66th percentile

3.2%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-3.4%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$18,511,502

Up $567,354 (+3.2%) from 2016

Net Assets

Up

$2,100,577

Up $62,765 (+3.1%) from 2016

Liabilities

Up

$16,410,925

Up $504,589 (+3.2%) from 2016

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin70th percentile

Revenue

Down

$555,397

Down $19,479 (-3.4%) from 2016

Expenses

Up

$492,632

Up $29,798 (+6.4%) from 2016

Net Income

Down

$62,765

Down $49,277 (-44%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$30M$20M$10M$0Assets 2011: $13,693,693Liabilities 2011: $12,085,658Net Assets 2011: $1,608,0352011Assets 2012: $15,387,220Liabilities 2012: $13,720,033Net Assets 2012: $1,667,1872012Assets 2013: $16,109,455Liabilities 2013: $14,398,963Net Assets 2013: $1,710,4922013Assets 2014: $16,448,916Liabilities 2014: $14,638,839Net Assets 2014: $1,810,0772014Assets 2015: $17,611,229Liabilities 2015: $15,685,459Net Assets 2015: $1,925,7702015Assets 2016: $17,944,148Liabilities 2016: $15,906,336Net Assets 2016: $2,037,8122016Assets 2017: $18,511,502Liabilities 2017: $16,410,925Net Assets 2017: $2,100,5772017Assets 2018: $17,804,946Liabilities 2018: $15,605,625Net Assets 2018: $2,199,3212018Assets 2019: $16,437,672Liabilities 2019: $14,125,990Net Assets 2019: $2,311,6822019Assets 2020: $18,596,535Liabilities 2020: $16,266,702Net Assets 2020: $2,329,8332020Assets 2021: $20,210,289Liabilities 2021: $17,929,761Net Assets 2021: $2,280,5282021Assets 2022: $19,926,342Liabilities 2022: $17,595,483Net Assets 2022: $2,330,8592022Assets 2023: $17,083,259Liabilities 2023: $14,689,539Net Assets 2023: $2,393,7202023

Highlighted filing

2017

Assets$18,511,502
Liabilities$16,410,925
Net Assets$2,100,577
Open 2017 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $456,8992011Expenses 2012: $410,3642012Revenue 2013: $479,975Expenses 2013: $436,670Net Income 2013: $43,3052013Revenue 2014: $532,715Expenses 2014: $433,130Net Income 2014: $99,5852014Revenue 2015: $574,615Expenses 2015: $458,922Net Income 2015: $115,6932015Revenue 2016: $574,876Expenses 2016: $462,834Net Income 2016: $112,0422016Revenue 2017: $555,397Expenses 2017: $492,632Net Income 2017: $62,7652017Revenue 2018: $637,992Expenses 2018: $539,248Net Income 2018: $98,7442018Revenue 2019: $757,150Expenses 2019: $644,789Net Income 2019: $112,3612019Revenue 2020: $671,058Expenses 2020: $652,907Net Income 2020: $18,1512020Revenue 2021: $599,438Expenses 2021: $648,743Net Income 2021: -$49,3052021Revenue 2022: $685,194Expenses 2022: $634,863Net Income 2022: $50,3312022Revenue 2023: $873,873Expenses 2023: $811,012Net Income 2023: $62,8612023

Highlighted filing

2017

Revenue$555,397
Expenses$492,632
Net Income$62,765
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.0
Gross Receipts
$555,397
Mission and Program Overview

Mission

Our credit union is a cooperative owned and operated by its members. Our goal is to strengthen our community through social responsiblity and meeting the financial needs of our members, while maintaining our financial stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,447,540$10,116,096▲ $668,556
Investments Other Securities$4,816,440$5,036,085▲ $219,645
Savings and Temporary Cash Investments$3,337,969$3,064,923▼ $273,046
Rtn Earn Endowment Incm Other Fnds$2,037,812$2,100,577▲ $62,765
Cash and Non-Interest-Bearing Accounts$165,901$124,010▼ $41,891
Prepaid Expenses and Deferred Charges$14,341$13,115▼ $1,226
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0--
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$17,944,148$18,511,502▲ $567,354
Other Assets Total$161,957$157,273▼ $4,684
Liabilities
Other Liabilities$15,800,096$16,318,816▲ $518,720
Accounts Payable and Accrued Expenses$106,240$92,109▼ $14,131
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,906,336$16,410,925▲ $504,589
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,037,812$2,100,577▲ $62,765
Total Liabilities and Net Assets / Fund Balance$17,944,148$18,511,502▲ $567,354

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,036,085--
Compensation and Service Providers
Top Officer Pay11th percentile

Board Members and Trustees

NameTitle
Kelly HagenPresident
Linda ButlerVice President
Darla GundersonBoard Member
Diane DewaldBoard Member
Joe GimmelBoard Member
Lynn BartuskaBoard Member
Kelly GrasselSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$555,397
Change in Net Assets
$62,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$276,651
Other Expenses$215,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$204,957
Fees for Services Accounting---$90,537
Office Expenses---$81,251
Pension Plan Contributions---$71,694
Payments to Affiliates---$11,177
Interest---$9,796
Advertising---$5,997
Other Expenses---$5,263
Conferences and Meetings---$3,143
Total Functional Expenses$0$0$0$492,632
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
savings, checking and CD accounts$16,318,816
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“WE HAVE MEMBERS”

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

“At our annual meeting members elect our board of directors, credit committee and supervisory committee volunteers.”

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

“members would need to vote if we were to merge with another credit union”

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

“is posted in credit union for members to see if want to.”

Form 990, Part VI, Section B, Line 15

“the manager is reviewed by the board of directors and the staff are reviewed by the CEO”

Form 990, Part VI, Section C, Line 19

“They are posted within the office on bulletin board for members to review”

Filing and Contact Details

Filer

Filer Name
Med Park Credit Union
EIN
45-0283861
Phone
7017805733
Address
1200 S Columbia Rd, Grand Forks, ND 58201

Signing Officer

Name
Cheryl Malm
Title
CEO
Phone
7017805733
Signed
2018-05-01

Organization Details

Formed
1965
Legal Domicile
Nd
Voting Board Members
2,077
Independent Board Members
2,077
Employees
4
Volunteers
13
Raw XML Appendix384 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0106240
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt092109
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Our credit union is a cooperative owned and operated by its members. Our goal is to strengthen our community through social responsiblity and meeting the financial needs of our members, while maintaining our financial stability.
IRS990/AdvertisingGrp/TotalAmt05997
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Cheryl Malm
IRS990/BooksInCareOfDetail/PhoneNum07017805733
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 S Columbia Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Grand Forks
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0165901
IRS990/CashNonInterestBearingGrp/EOYAmt0124010
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt03143
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0215981
IRS990/CYOtherRevenueAmt0555397
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt062765
IRS990/CYSalariesCompEmpBnftPaidAmt0276651
IRS990/CYTotalExpensesAmt0492632
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0555397
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0total expenses for all services
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt090537
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Diane Dewald
IRS990/Form990PartVIISectionAGrp/PersonNm1Lynn Bartuska
IRS990/Form990PartVIISectionAGrp/PersonNm2Joe Gimmel
IRS990/Form990PartVIISectionAGrp/PersonNm3Darla Gunderson
IRS990/Form990PartVIISectionAGrp/PersonNm4Kelly Grassel
IRS990/Form990PartVIISectionAGrp/PersonNm5Linda Butler
IRS990/Form990PartVIISectionAGrp/PersonNm6Kelly Hagen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02077
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0555397
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02077
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt09796
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04816440
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05036085
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Our credit union is a cooperative owned and operated by its members. Our goal is to strengthen our community through social responsiblity and meeting the financial needs of our members, while maintaining our financial stability.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02037812
IRS990/NetAssetsOrFundBalancesEOYAmt02100577
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt081251
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0161957
IRS990/OtherAssetsTotalGrp/EOYAmt0157273
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0provisions for loan loss
IRS990/OtherExpensesGrp/Desc1loan servicing expense
IRS990/OtherExpensesGrp/Desc2debit card & visa card expense
IRS990/OtherExpensesGrp/Desc3annual mtg & miscelaneous exp, cash over & short
IRS990/OtherExpensesGrp/TotalAmt06000
IRS990/OtherExpensesGrp/TotalAmt14326
IRS990/OtherExpensesGrp/TotalAmt2-1509
IRS990/OtherExpensesGrp/TotalAmt35263
IRS990/OtherLiabilitiesGrp/BOYAmt015800096
IRS990/OtherLiabilitiesGrp/EOYAmt016318816
IRS990/OtherOrganizationDsc0non profit/member owned
IRS990/OtherRevenueMiscGrp/BusinessCd0522130
IRS990/OtherRevenueMiscGrp/Desc0all other revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0555397
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0555397
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0555397
IRS990/OtherSalariesAndWagesGrp/TotalAmt0204957
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09447540
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010116096
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt011177
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt071694
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014341
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013115
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0MED PARK CREDIT UNION
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0we have none
IRS990/ProgSrvcAccomActy3Grp/Desc0we have none
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0204160
IRS990/PYOtherRevenueAmt0574876
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0112042
IRS990/PYSalariesCompEmpBnftPaidAmt0258674
IRS990/PYTotalExpensesAmt0462834
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0574876
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt062765
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02037812
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02100577
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03337969
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03064923
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016318816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0savings, checking and CD accounts
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05036085
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CD's we invest in
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueSecuritiesAmt05036085
IRS990ScheduleD/TotalLiabilityAmt016318816
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE HAVE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT OUR ANNUAL MEETING MEMBERS ELECT OUR BOARD OF DIRECTORS, CREDIT COMMITTEE AND SUPERVISORY COMMITTEE VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2members would need to vote if we were to merge with another credit union
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3is posted in credit union for members to see if want to.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4the manager is reviewed by the board of directors and the staff are reviewed by the CEO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THEY ARE POSTED WITHIN THE OFFICE ON BULLETIN BOARD FOR MEMBERS TO REVIEW
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0ND
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017944148
IRS990/TotalAssetsEOYAmt018511502
IRS990/TotalAssetsGrp/BOYAmt017944148
IRS990/TotalAssetsGrp/EOYAmt018511502
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0492632
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015906336
IRS990/TotalLiabilitiesEOYAmt016410925
IRS990/TotalLiabilitiesGrp/BOYAmt015906336
IRS990/TotalLiabilitiesGrp/EOYAmt016410925
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02037812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02100577
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0555397
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0555397
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017944148
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018511502
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 S COLUMBIA RD
IRS990/USAddress/CityNm0GRAND FORKS
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058201
IRS990/VotingMembersGoverningBodyCnt02077
IRS990/VotingMembersIndependentCnt02077
IRS990/WebsiteAddressTxt0www.medparkcu.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cheryl Malm
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07017805733
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MED PARK CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MEDP
ReturnHeader/Filer/EIN0450283861
ReturnHeader/Filer/PhoneNum07017805733
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 S Columbia Rd
ReturnHeader/Filer/USAddress/CityNm0Grand Forks
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058201
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.220.46.90
ReturnHeader/ReturnTs02018-05-01T11:15:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,511,502
Liabilities
$16,410,925
Net assets
$2,100,577
Revenue
$555,397
Expenses
$492,632
Net income
$62,765
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$17.1$14.7$2.39$0.87$0.81$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.9$17.6$2.33$0.69$0.63$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$17.9$2.28$0.60$0.65$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$16.3$2.33$0.67$0.65$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$14.1$2.31$0.76$0.64$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$15.6$2.20$0.64$0.54$0.10
2017Detailed filing. Detailed filing data is available for this year.$18.5$16.4$2.10$0.56$0.49$0.06
2016Summary only. Only limited summary data is available for this year.$17.9$15.9$2.04$0.57$0.46$0.11
2015Detailed filing. Detailed filing data is available for this year.$17.6$15.7$1.93$0.57$0.46$0.12
2014Summary only. Only limited summary data is available for this year.$16.4$14.6$1.81$0.53$0.43$0.10
2013Detailed filing. Detailed filing data is available for this year.$16.1$14.4$1.71$0.48$0.44$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$13.7$1.67$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$12.1$1.61$0.46