Civic Intelligence

First Nebraska Credit Union

990 • Fiscal year 2015 • EIN 47-0524996

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization ProfileWWW.FIRSTNEBRASKA.ORG

View Organization Page

10655 Bedford AveOmaha, NE 68134

(402) 492-9100

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$115,052,739

Up $17,786,756 (+18%) from 2014

Net Assets

Up

$19,116,188

Up $2,206,801 (+13%) from 2014

Liabilities

Up

$95,936,551

Up $15,579,955 (+19%) from 2014

Revenue And Expenses

Revenue

Up

$6,083,456

Up $233,855 (+4.0%) from 2014

Expenses

Up

$5,288,865

Up $202,870 (+4.0%) from 2014

Net Income

Up

$794,591

Up $30,985 (+4.1%) from 2014

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $83,134,911Liabilities 2010: $69,078,395Net Assets 2010: $14,056,5162010Assets 2011: $87,352,788Liabilities 2011: $72,764,324Net Assets 2011: $14,588,4642011Assets 2012: $89,282,496Liabilities 2012: $73,898,852Net Assets 2012: $15,383,6442012Assets 2013: $93,742,838Liabilities 2013: $77,597,057Net Assets 2013: $16,145,7812013Assets 2014: $97,265,983Liabilities 2014: $80,356,596Net Assets 2014: $16,909,3872014Assets 2015: $115,052,739Liabilities 2015: $95,936,551Net Assets 2015: $19,116,1882015Assets 2016: $120,249,020Liabilities 2016: $100,414,030Net Assets 2016: $19,834,9902016Assets 2017: $134,227,899Liabilities 2017: $113,724,304Net Assets 2017: $20,503,5952017Assets 2018: $137,257,178Liabilities 2018: $116,130,786Net Assets 2018: $21,126,3922018Assets 2019: $141,005,158Liabilities 2019: $119,236,903Net Assets 2019: $21,768,2552019Assets 2020: $157,193,521Liabilities 2020: $134,919,139Net Assets 2020: $22,274,3822020Assets 2021: $169,996,171Liabilities 2021: $147,297,543Net Assets 2021: $22,698,6282021Assets 2022: $183,513,271Liabilities 2022: $161,538,139Net Assets 2022: $21,975,1322022Assets 2023: $185,047,466Liabilities 2023: $161,559,693Net Assets 2023: $23,487,7732023Assets 2024: $182,580,654Liabilities 2024: $158,164,378Net Assets 2024: $24,416,2762024

Highlighted filing

2015

Assets$115,052,739
Liabilities$95,936,551
Net Assets$19,116,188
Open 2015 Filing

Operations Trend

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

$15M$10M$5.0M$0Expenses 2010: $5,123,1102010Expenses 2011: $5,190,9552011Expenses 2012: $4,920,0652012Revenue 2013: $5,894,026Expenses 2013: $5,131,889Net Income 2013: $762,1372013Revenue 2014: $5,849,601Expenses 2014: $5,085,995Net Income 2014: $763,6062014Revenue 2015: $6,083,456Expenses 2015: $5,288,865Net Income 2015: $794,5912015Revenue 2016: $6,422,621Expenses 2016: $5,703,819Net Income 2016: $718,8022016Revenue 2017: $6,805,092Expenses 2017: $6,136,487Net Income 2017: $668,6052017Revenue 2018: $7,507,989Expenses 2018: $6,885,192Net Income 2018: $622,7972018Revenue 2019: $8,046,308Expenses 2019: $7,404,445Net Income 2019: $641,8632019Revenue 2020: $8,099,975Expenses 2020: $7,577,854Net Income 2020: $522,1212020Revenue 2021: $8,202,195Expenses 2021: $7,609,795Net Income 2021: $592,4002021Revenue 2022: $8,714,071Expenses 2022: $8,214,075Net Income 2022: $499,9962022Revenue 2023: $10,375,432Expenses 2023: $9,182,193Net Income 2023: $1,193,2392023Revenue 2024: $11,132,438Expenses 2024: $10,086,553Net Income 2024: $1,045,8852024

Highlighted filing

2015

Revenue$6,083,456
Expenses$5,288,865
Net Income$794,591
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$6,083,456
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$62,778,426$69,138,025▲ $6,359,599
Investments in Publicly Traded Securities$23,803,964$27,475,290▲ $3,671,326
Pd in Cap Srpls Land Bldg Eqp Fund$16,100,000$16,470,539▲ $370,539
Savings and Temporary Cash Investments$4,350,535$11,937,890▲ $7,587,355
Land, Buildings, and Equipment, Net$3,486,741$3,416,763▼ $69,978
Rtn Earn Endowment Incm Other Fnds$809,387$2,645,649▲ $1,836,262
Cash and Non-Interest-Bearing Accounts$1,519,362$1,608,830▲ $89,468
Prepaid Expenses and Deferred Charges$89,248$62,496▼ $26,752
Accounts Receivable$3,923$5,764▲ $1,841
Total Assets$97,265,983$115,052,739▲ $17,786,756
Other Assets Total$1,233,784$1,407,681▲ $173,897
Liabilities
Other Liabilities$79,664,026$95,255,896▲ $15,591,870
Accounts Payable and Accrued Expenses$692,570$680,655▼ $11,915
Total Liabilities$80,356,596$95,936,551▲ $15,579,955
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,909,387$19,116,188▲ $2,206,801
Total Liabilities and Net Assets / Fund Balance$97,265,983$115,052,739▲ $17,786,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,311,654$1,303,516$3,615,170
Equipment$28,513$1,180,544$1,209,057
Land$1,076,079-$1,076,079
Other Land Buildings$517$40,873$41,390
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rich KounkelCEOFT$137,421$8,000$145,421
Ann LoftisCEOFT$106,304$4,223$110,527

Board Members and Trustees

NameTitle
Cynthia ShermanBoard Member
Dolores HoganBoard Member
Gary ClawsenBoard Member
Jeff CampbellBoard Member
John JensenBoard Member
Mary MobergBoard Member
Michael HosovecBoard Member
Nancy WallaceBoard Member
Phil KottmeyerBoard Member
Roger RaeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,187,461
Investment Income
$895,995
Other Revenue
$0
Change in Net Assets
$794,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,083,456
Total Revenue per Audited Statements
$6,083,456
Total Revenue per Form 990
$6,083,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,800,475
Other Expenses$2,488,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,287,484
Office Expenses---$471,934
Occupancy---$350,947
Other Employee Benefits---$293,211
All Other Expenses---$197,705
Advertising---$193,025
Payroll Taxes---$163,695
Depreciation Depletion---$100,443
Other Expenses---$93,594
Conferences and Meetings---$66,086
Insurance---$60,481
Pension Plan Contributions---$56,085
Fees for Services Accounting---$25,781
Fees for Services Legal---$22,461
Interest---$1,890
Total Functional Expenses$0$0$0$5,288,865

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,288,865
Total Expenses per Audited Statements$5,288,865
Total Expenses per Form 990$5,288,865
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$95,255,896
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“All depositors are considered members.”

Form 990, Page 6, Part VI, Line 7A

“The credit union members elect on an annual basis the members of the board of directors.”

Form 990, Page 6, Part VI, Line 7B

“Any proposed mergers must be approved by a majority of the membership.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 12C

“The security martix on the data processing system prohibits employees and directors from initiating transactions on all accounts listed on their conflict of interest disclosure statement, which is updated annually.”

Form 990, Page 6, Part VI, Line 15A

“The compensation for the ceo is compared to a compensation planning software purchsed from a third party. The compensation level is then approved by the board of directors on an annual basis. The last evaluation was conducted in december 2015.”

Form 990, Page 6, Part VI, Line 19

“The monthly financial statements are posted in the lobby of each branch and updated on a monthly basis. The governing documents and conflict of interest policy are not made available to the general public.”

Filing and Contact Details

Filer

Filer Name
First Nebraska Educators &
EIN
47-0524996
Phone
4024929100
Address
10655 BEDFORD AVE, OMAHA, NE 68134

Signing Officer

Name
Ann Loftis
Title
CEO
Phone
4024929100
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Loftis
Formed
1964
Legal Domicile
Ne
Voting Board Members
10
Independent Board Members
10
Employees
72
Volunteers
13

Preparer

Firm
Petersen & Associates
Address
506 E GOLD COAST RD STE 100, PAPILLION, NE 68046-4790
Preparer
Steven O Petersen
Phone
4023332800
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“N/A”

Form 990, Part XI, Line 9

“Equity of merged cu 1,412,210 total 1,412,210”

Raw XML Appendix377 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0692570
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0680655
IRS990/AccountsReceivableGrp/BOYAmt03923
IRS990/AccountsReceivableGrp/EOYAmt05764
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0STATE CHARTERED CREDIT UNION
IRS990/AdvertisingGrp/TotalAmt0193025
IRS990/AllOtherExpensesGrp/TotalAmt0197705
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0ANN LOFTIS
IRS990/BooksInCareOfDetail/PhoneNum04024929100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010655 BEDFORD AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OMAHA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068134
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01519362
IRS990/CashNonInterestBearingGrp/EOYAmt01608830
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt066086
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0895995
IRS990/CYOtherExpensesAmt02488390
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05187461
IRS990/CYRevenuesLessExpensesAmt0794591
IRS990/CYSalariesCompEmpBnftPaidAmt02800475
IRS990/CYTotalExpensesAmt05288865
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06083456
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0100443
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt072
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt025781
IRS990/FeesForServicesLegalGrp/TotalAmt022461
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt108000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt114223
IRS990/Form990PartVIISectionAGrp/PersonNm0ROGER RAE
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY MOBERG
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm3DOLORES HOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNTHIA SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5NANCY WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm6GARY CLAWSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7PHIL KOTTMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL HOSOVEC
IRS990/Form990PartVIISectionAGrp/PersonNm10RICH KOUNKEL
IRS990/Form990PartVIISectionAGrp/PersonNm11ANN LOFTIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10137421
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11106304
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06083456
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt060481
IRS990/InterestGrp/TotalAmt01890
IRS990/InvestmentIncomeGrp/ExclusionAmt0895995
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0895995
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt023803964
IRS990/InvestmentsPubTradedSecGrp/EOYAmt027475290
IRS990/IRPDocumentCnt03087
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02524933
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03486741
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03416763
IRS990/LandBldgEquipCostOrOtherBssAmt05941696
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0STATE CHARTERED CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt016909387
IRS990/NetAssetsOrFundBalancesEOYAmt019116188
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0350947
IRS990/OfficeExpensesGrp/TotalAmt0471934
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01233784
IRS990/OtherAssetsTotalGrp/EOYAmt01407681
IRS990/OtherChangesInNetAssetsAmt01412210
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0293211
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2ATM/VISA PROCESSING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0357444
IRS990/OtherExpensesGrp/TotalAmt1292818
IRS990/OtherExpensesGrp/TotalAmt2253781
IRS990/OtherExpensesGrp/TotalAmt393594
IRS990/OtherLiabilitiesGrp/BOYAmt079664026
IRS990/OtherLiabilitiesGrp/EOYAmt095255896
IRS990/OtherSalariesAndWagesGrp/TotalAmt02287484
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt062778426
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt069138025
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0163695
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt016100000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt016470539
IRS990/PensionPlanContributionsGrp/TotalAmt056085
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062496
IRS990/PrincipalOfficerNm0ANN LOFTIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt03774659
IRS990/ProgramServiceRevenueGrp/ExclusionAmt11265831
IRS990/ProgramServiceRevenueGrp/ExclusionAmt2146971
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03774659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11265831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2146971
IRS990/ProgSrvcAccomActyOtherGrp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0742997
IRS990/PYOtherExpensesAmt02461667
IRS990/PYProgramServiceRevenueAmt05106604
IRS990/PYRevenuesLessExpensesAmt0763606
IRS990/PYSalariesCompEmpBnftPaidAmt02624328
IRS990/PYTotalExpensesAmt05085995
IRS990/PYTotalRevenueAmt05849601
IRS990/ReconcilationRevenueExpnssAmt0794591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0809387
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02645649
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04350535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011937890
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02311654
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01303516
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03615170
IRS990ScheduleD/EquipmentGrp/BookValueAmt028513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01180544
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01209057
IRS990ScheduleD/ExpensesSubtotalAmt05288865
IRS990ScheduleD/LandGrp/BookValueAmt01076079
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01076079
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0517
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040873
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt095255896
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt06083456
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03416763
IRS990ScheduleD/TotalExpensesPerForm990Amt05288865
IRS990ScheduleD/TotalLiabilityAmt095255896
IRS990ScheduleD/TotalRevenuePerForm990Amt06083456
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06083456
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05288865
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DEPOSITORS ARE CONSIDERED MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION MEMBERS ELECT ON AN ANNUAL BASIS THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY PROPOSED MERGERS MUST BE APPROVED BY A MAJORITY OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SECURITY MARTIX ON THE DATA PROCESSING SYSTEM PROHIBITS EMPLOYEES AND DIRECTORS FROM INITIATING TRANSACTIONS ON ALL ACCOUNTS LISTED ON THEIR CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPENSATION FOR THE CEO IS COMPARED TO A COMPENSATION PLANNING SOFTWARE PURCHSED FROM A THIRD PARTY. THE COMPENSATION LEVEL IS THEN APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE LAST EVALUATION WAS CONDUCTED IN DECEMBER 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH AND UPDATED ON A MONTHLY BASIS. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUITY OF MERGED CU 1,412,210 TOTAL 1,412,210
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NE
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt097265983
IRS990/TotalAssetsEOYAmt0115052739
IRS990/TotalAssetsGrp/BOYAmt097265983
IRS990/TotalAssetsGrp/EOYAmt0115052739
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt072
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05288865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt080356596
IRS990/TotalLiabilitiesEOYAmt095936551
IRS990/TotalLiabilitiesGrp/BOYAmt080356596
IRS990/TotalLiabilitiesGrp/EOYAmt095936551
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016909387
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019116188
IRS990/TotalOtherCompensationAmt012223
IRS990/TotalProgramServiceRevenueAmt05187461
IRS990/TotalReportableCompFromOrgAmt0243725
IRS990/TotalRevenueGrp/ExclusionAmt06083456
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06083456
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt097265983
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115052739
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010655 BEDFORD AVE
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068134
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.FIRSTNEBRASKA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN LOFTIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04024929100
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST NEBRASKA EDUCATORS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EMPLOYEE GROUPS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0470524996
ReturnHeader/Filer/PhoneNum04024929100
ReturnHeader/Filer/USAddress/AddressLine1Txt010655 BEDFORD AVE
ReturnHeader/Filer/USAddress/CityNm0OMAHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068134
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470749138
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PETERSEN & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0506 E GOLD COAST RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PAPILLION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0680464790
ReturnHeader/PreparerPersonGrp/PhoneNum04023332800
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN O PETERSEN
ReturnHeader/ReturnTs02016-05-13T08:35:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$115,052,739
Liabilities
$95,936,551
Net assets
$19,116,188
Revenue
$6,083,456
Expenses
$5,288,865
Net income
$794,591
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$183$158$24.4$11.1$10.1$1.05
2023Detailed filing. Detailed filing data is available for this year.$185$162$23.5$10.4$9.18$1.19
2022Detailed filing. Detailed filing data is available for this year.$184$162$22.0$8.71$8.21$0.50
2021Detailed filing. Detailed filing data is available for this year.$170$147$22.7$8.20$7.61$0.59
2020Detailed filing. Detailed filing data is available for this year.$157$135$22.3$8.10$7.58$0.52
2019Detailed filing. Detailed filing data is available for this year.$141$119$21.8$8.05$7.40$0.64
2018Detailed filing. Detailed filing data is available for this year.$137$116$21.1$7.51$6.89$0.62
2017Detailed filing. Detailed filing data is available for this year.$134$114$20.5$6.81$6.14$0.67
2016Detailed filing. Detailed filing data is available for this year.$120$100$19.8$6.42$5.70$0.72
2015Detailed filing. Detailed filing data is available for this year.$115$95.9$19.1$6.08$5.29$0.79
2014Detailed filing. Detailed filing data is available for this year.$97.3$80.4$16.9$5.85$5.09$0.76
2013Detailed filing. Detailed filing data is available for this year.$93.7$77.6$16.1$5.89$5.13$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.3$73.9$15.4$4.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.4$72.8$14.6$5.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.1$69.1$14.1$5.12