Civic Intelligence

National Credit Union Collections

EIN 47-5210804 • 501(c)6 • Sherman Oaks, CA

Profile

Organize an annual conference for members. The conference provides educational sessions and updates in industry.

14320 Ventura Blvd Unit 241Sherman Oaks, CA 91423

www.ncuca.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-80%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-37%

Faster revenue growth than 16% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$7,724

Down $30,844 (-80%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$7,724

Down $30,844 (-80%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin27th percentile

Revenue

Down

$227,219

Down $131,009 (-37%) from 2023

Expenses

Down

$258,063

Down $67,702 (-21%) from 2023

Net Income

Down

-$30,844

Down $63,307 (-195%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2015: $4,945Liabilities 2015: $02015Assets 2016: $47,079Liabilities 2016: $0Net Assets 2016: $47,0792016Assets 2017: $28,620Liabilities 2017: $0Net Assets 2017: $28,6202017Assets 2018: $119,065Liabilities 2018: $0Net Assets 2018: $119,0652018Assets 2019: $176,590Liabilities 2019: $0Net Assets 2019: $176,5902019Assets 2020: $61,651Liabilities 2020: $0Net Assets 2020: $61,6512020Assets 2021: $13,618Liabilities 2021: $0Net Assets 2021: $13,6182021Assets 2022: $6,105Liabilities 2022: $0Net Assets 2022: $6,1052022Assets 2023: $38,568Liabilities 2023: $0Net Assets 2023: $38,5682023Assets 2024: $7,724Liabilities 2024: $0Net Assets 2024: $7,7242024

Highlighted filing

2024

Assets$7,724
Liabilities$0
Net Assets$7,724
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2015: $4,945Expenses 2015: $0Net Income 2015: $4,9452015Revenue 2016: $115,832Expenses 2016: $73,698Net Income 2016: $42,1342016Revenue 2017: $143,907Expenses 2017: $162,204Net Income 2017: -$18,2972017Revenue 2018: $267,398Expenses 2018: $176,953Net Income 2018: $90,4452018Revenue 2019: $256,681Expenses 2019: $199,156Net Income 2019: $57,5252019Revenue 2020: $83,483Expenses 2020: $198,422Net Income 2020: -$114,9392020Revenue 2021: $205,675Expenses 2021: $253,708Net Income 2021: -$48,0332021Revenue 2022: $203,899Expenses 2022: $211,412Net Income 2022: -$7,5132022Revenue 2023: $358,228Expenses 2023: $325,765Net Income 2023: $32,4632023Revenue 2024: $227,219Expenses 2024: $258,063Net Income 2024: -$30,8442024

Highlighted filing

2024

Revenue$227,219
Expenses$258,063
Net Income-$30,844
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,724
Liabilities
$0
Net assets
$7,724
Revenue
$227,219
Expenses
$258,063
Net income
-$30,844
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$2.27$2.58$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$3.58$3.26$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$2.04$2.11$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$2.06$2.54$0.48
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.83$1.98$1.15
2019Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$2.57$1.99$0.58
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$2.67$1.77$0.90
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.44$1.62$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.16$0.74$0.42
2015Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.00$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.0
Gross Receipts
$227,219
Mission and Program Overview

Mission

Organize an annual conference for members. The conference provides educational sessions and updates in industry.

To be a premier credit union industry organization providing information on up-to-date credit union related issues. We will be sharing best practices, facilitating communication and networking nationwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,568$7,724▼ $30,844
Total Assets$38,568$7,724▼ $30,844
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$38,568$7,724▼ $30,844
Total Net Assets Fund Balance$38,568$7,724▼ $30,844
Total Liabilities and Net Assets / Fund Balance$38,568$7,724▼ $30,844
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Art SookazianCEO
Carolyn RiveraSecretary
Benjamin LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$227,198
Program Service Revenue
$0
Investment Income
$21
Other Revenue
$0
Change in Net Assets
$-30,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$258,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$202,109$19,894-$222,003
Office Expenses-$8,856-$8,856
All Other Expenses-$624-$624
Other Expenses-$542-$542
Travel-$358-$358
Insurance-$226-$226
Total Functional Expenses$202,109$55,954$0$258,063
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
National Credit Union Collections
EIN
47-5210804
Phone
8187492831
Address
14320 VENTURA BLVD UNIT 241, SHERMAN OAKS, CA 91423

Signing Officer

Name
Art Sookazian
Title
CEO
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Art Sookazian
Formed
2015
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Jlk Yoonsung Llp
Address
3435 WILSHIRE BLVD 1010, LOS ANGELES, CA 90010
Preparer
Soonho Kwon
Phone
2132325110
Supplemental Narrative

Additional Explanations

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

“Hold annual conference meetings to provide member networks opportunity, update changes in industry and make educational sessions.”

Form 990, Part IX, Line 11G

“Conference meeting 202,109 19,894 0”

Raw XML Appendix239 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
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IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0227219
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0226
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt021
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
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IRS990/LegalDomicileStateCd0CA
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IRS990/MembershipDuesAmt0227198
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/Organization501cInd0X
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-10-15T23:47:39-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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