Civic Intelligence

Morton Credit Union

990 • Fiscal year 2014 • EIN 48-0544200

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 22, 2015

121 Morton DrSouth Hutchinson, KS 67505

(620) 665-6792

Siviq Scores

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

Liabilities / Assets

71st percentile

0.88x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

43rd percentile

15.24x

Higher debt load relative to revenue than 43% of similar nonprofits.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2014

Net Margin

22nd percentile

-8.1%

Higher net margin than 22% of similar nonprofits.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

70th percentile

$45,100

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2014

Asset Growth

98th percentile

14%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

6.0%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,095,106

Up $493,324 (+14%) from 2013

Net Assets

Down

$501,901

Down $19,458 (-3.7%) from 2013

Liabilities

Up

$3,593,205

Up $512,782 (+17%) from 2013

Revenue

Up

$235,802

Up $13,351 (+6.0%) from 2013

Expenses

Up

$255,009

Up $21,267 (+9.1%) from 2013

Net Income

Down

-$19,207

Down $7,916 (-70%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,295,972Liabilities 2010: $2,739,570Net Assets 2010: $556,4022010Assets 2011: $3,325,350Liabilities 2011: $2,804,299Net Assets 2011: $521,0512011Assets 2012: $3,536,074Liabilities 2012: $3,003,424Net Assets 2012: $532,6502012Assets 2013: $3,601,782Liabilities 2013: $3,080,423Net Assets 2013: $521,3592013Assets 2014: $4,095,106Liabilities 2014: $3,593,205Net Assets 2014: $501,9012014Assets 2015: $3,819,751Liabilities 2015: $3,322,347Net Assets 2015: $497,4042015Assets 2016: $3,892,524Liabilities 2016: $3,343,410Net Assets 2016: $549,1142016Assets 2017: $4,095,492Liabilities 2017: $3,500,238Net Assets 2017: $595,2542017Assets 2018: $4,339,772Liabilities 2018: $3,740,713Net Assets 2018: $599,0592018Assets 2019: $4,333,082Liabilities 2019: $3,673,224Net Assets 2019: $659,8582019Assets 2020: $4,945,549Liabilities 2020: $4,292,805Net Assets 2020: $652,7442020Assets 2021: $5,476,622Liabilities 2021: $4,839,944Net Assets 2021: $636,6782021Assets 2022: $5,482,648Liabilities 2022: $4,864,954Net Assets 2022: $617,6942022Assets 2023: $5,395,770Liabilities 2023: $4,736,952Net Assets 2023: $658,8182023Assets 2024: $5,244,535Liabilities 2024: $4,535,730Net Assets 2024: $708,8052024Assets 2025: $5,265,414Liabilities 2025: $4,527,665Net Assets 2025: $737,7492025

Highlighted filing

2014

Assets$4,095,106
Liabilities$3,593,205
Net Assets$501,901

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $244,1222010Expenses 2011: $253,1262011Expenses 2012: $232,1252012Revenue 2013: $222,451Expenses 2013: $233,742Net Income 2013: -$11,2912013Revenue 2014: $235,802Expenses 2014: $255,009Net Income 2014: -$19,2072014Revenue 2015: $229,945Expenses 2015: $234,442Net Income 2015: -$4,4972015Revenue 2016: $272,028Expenses 2016: $220,318Net Income 2016: $51,7102016Revenue 2017: $314,181Expenses 2017: $268,041Net Income 2017: $46,1402017Revenue 2018: $358,702Expenses 2018: $354,897Net Income 2018: $3,8052018Revenue 2019: $383,959Expenses 2019: $323,160Net Income 2019: $60,7992019Revenue 2020: $351,299Expenses 2020: $358,413Net Income 2020: -$7,1142020Revenue 2021: $284,257Expenses 2021: $300,323Net Income 2021: -$16,0662021Revenue 2022: $283,166Expenses 2022: $302,150Net Income 2022: -$18,9842022Revenue 2023: $387,242Expenses 2023: $346,118Net Income 2023: $41,1242023Revenue 2024: $402,375Expenses 2024: $352,388Net Income 2024: $49,9872024Revenue 2025: $425,348Expenses 2025: $396,404Net Income 2025: $28,9442025

Highlighted filing

2014

Revenue$235,802
Expenses$255,009
Net Income-$19,207
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 22, 2015
Return Version
2014v5.0
Gross Receipts
$235,802
Mission and Program Overview

Mission

To provide high quality financial services for our members/owners enhancing their financial well-being while maintaining the financial strength of the credit union

To provide high quality financial services for our members/owners, enhanding their financial well-being while maintaining the financial strength of the credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,727,148$2,416,343▲ $689,195
Other Notes and Loans Receivable, Net$1,533,052$1,528,668▼ $4,384
Rtn Earn Endowment Incm Other Fnds$521,359$501,901▼ $19,458
Cash and Non-Interest-Bearing Accounts$287,250$129,126▼ $158,124
Land, Buildings, and Equipment, Net$19,254$17,334▼ $1,920
Prepaid Expenses and Deferred Charges$34,855$3,635▼ $31,220
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,601,782$4,095,106▲ $493,324
Other Assets Total$223--
Liabilities
Other Liabilities$3,063,259$3,579,406▲ $516,147
Accounts Payable and Accrued Expenses$17,164$13,799▼ $3,365
Total Liabilities$3,080,423$3,593,205▲ $512,782
Net Assets / Fund Balance
Total Net Assets Fund Balance$521,359$501,901▼ $19,458
Total Liabilities and Net Assets / Fund Balance$3,601,782$4,095,106▲ $493,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,334$36,666$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$26,865$0
Leasehold Improvements$0$15,910$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy VoeltzManagerFT$45,100$45,100

Board Members and Trustees

NameTitle
Linda RichardsonChairperson
Dale ConklingDirector
David DanewitzDirector
Gary StiebenDirector
Sharon ParksDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,446
Investment Income
$9,356
Other Revenue
$0
Change in Net Assets
$-19,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,059
Salaries, Compensation, and Employee Benefits$114,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$92,436
Other Salaries and Wages---$59,716
Current Officers, Directors, Trustees, and Key Employees---$45,100
Occupancy---$20,103
Payroll Taxes---$7,799
Other Expenses---$4,343
Fees for Services Management---$3,371
Fees for Services Accounting---$2,644
Insurance---$2,527
Depreciation Depletion---$2,505
Other Employee Benefits---$2,335
Travel---$799
Fees for Services Legal---$449
Advertising---$43
Total Functional Expenses$0$0$0$255,009
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 Shares$3,579,406
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section A, Line 6

The credit union has 824 members

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

The membership elects the volunteer board and other committee members

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

Significant changes such as mergers and changes to the bylaws are subject to approval by the credit union members; however, no such changes were made during the year

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

Reviewed and dcoumented at board meeting

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

On an annual basis the manager, board of directors and committee members are required to review the conflict of interest policy, disclose any interests that could give rise to conflicts and submit a signed statement to that effect. These statements are maintained on file at the credit union

Form 990, Part VI, Section B, Line 15

The board of directors reviews the managers salary. Employees' compensation is determined by the manager and presetned as part of the budget to the board of directors for approval. Deliberations and decisions are documented in the board minutes

Form 990, Part VI, Section C, Line 19

Financial statements are posted monthly in the lobby, presented at the annual meeting and are available upon request. In addition, the ncua website posts financial informaiton as part of the quarterly call reports. Other documents policies and procedures are avialabel upon request

Filing and Contact Details

Filer

Filer Name
Morton Credit Union
EIN
48-0544200
Phone
6206656792
Address
121 MORTON DR, SOUTH HUTCHINSON, KS 67505

Signing Officer

Name
Judy Voeltz
Title
Manager
Phone
6206656792
Signed
2015-06-22

Organization Details

Principal Officer
Christie Gardner
Formed
1941
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
5
Raw XML Appendix382 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/BOYAmt017164
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013799
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANDING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION
IRS990/AdvertisingGrp/TotalAmt043
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0CHRISTINA GARDNER
IRS990/BooksInCareOfDetail/PhoneNum06206656792
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0121 MORTON DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTH HUTCHINSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd067505
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0287250
IRS990/CashNonInterestBearingGrp/EOYAmt0129126
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt045100
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09356
IRS990/CYOtherExpensesAmt0140059
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0226446
IRS990/CYRevenuesLessExpensesAmt0-19207
IRS990/CYSalariesCompEmpBnftPaidAmt0114950
IRS990/CYTotalExpensesAmt0255009
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0235802
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt02505
IRS990/Desc0PROVIDES FINANCIAL AND FINANCIALLY RELATD SERVICES TO 824 MEMBERS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0125641
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt02644
IRS990/FeesForServicesLegalGrp/TotalAmt0449
IRS990/FeesForServicesManagementGrp/TotalAmt03371
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0LINDA RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm1SHARON PARKS
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE CONKLING
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID DANEWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY STIEBEN
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDY VOELTZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt545100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0235802
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt02527
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt09356
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09356
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt093
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt079441
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019254
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017334
IRS990/LandBldgEquipCostOrOtherBssAmt096775
IRS990/LegalDomicileStateCd0KS
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0521359
IRS990/NetAssetsOrFundBalancesEOYAmt0501901
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt020103
IRS990/OfficeExpensesGrp/TotalAmt092436
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0223
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02335
IRS990/OtherExpensesGrp/Desc0LENDING EXPENSE
IRS990/OtherExpensesGrp/Desc1MEMBER DIVIDENDS
IRS990/OtherExpensesGrp/Desc2ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt07112
IRS990/OtherExpensesGrp/TotalAmt13727
IRS990/OtherExpensesGrp/TotalAmt24343
IRS990/OtherLiabilitiesGrp/BOYAmt03063259
IRS990/OtherLiabilitiesGrp/EOYAmt03579406
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt059716
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01533052
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01528668
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt07799
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034855
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03635
IRS990/PrincipalOfficerNm0CHRISTIE GARDNER
IRS990/PriorPeriodAdjustmentsAmt0-251
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0120917
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0120917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105529
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND RESONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2014 THERE WERE 314 LOANS OUTSTANDING TOTALING 1,549,562
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0125641
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0120917
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt00
IRS990/PYInvestmentIncomeAmt09848
IRS990/PYOtherExpensesAmt0128401
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0212603
IRS990/PYRevenuesLessExpensesAmt0-11291
IRS990/PYSalariesCompEmpBnftPaidAmt0105341
IRS990/PYTotalExpensesAmt0233742
IRS990/PYTotalRevenueAmt0222451
IRS990/ReconcilationRevenueExpnssAmt0-19207
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0114885
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0521359
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0501901
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01727148
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02416343
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt017334
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036666
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt054000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026865
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt026865
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015910
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt015910
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03579406
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017334
IRS990ScheduleD/TotalLiabilityAmt03579406
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05798
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt14311
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt14675
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DAVID DANEWITZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1CHRISTINA GARDNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1MANAGER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt010109
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS 824 MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE VOLUNTEER BOARD AND OTHER COMMITTEE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIGNIFICANT CHANGES SUCH AS MERGERS AND CHANGES TO THE BYLAWS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AND DCOUMENTED AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS THE MANAGER, BOARD OF DIRECTORS AND COMMITTEE MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS THE MANAGERS SALARY. EMPLOYEES' COMPENSATION IS DETERMINED BY THE MANAGER AND PRESETNED AS PART OF THE BUDGET TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED MONTHLY IN THE LOBBY, PRESENTED AT THE ANNUAL MEETING AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMAITON AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS POLICIES AND PROCEDURES ARE AVIALABEL UPON REQUEST
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 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/TotalAssetsBOYAmt03601782
IRS990/TotalAssetsEOYAmt04095106
IRS990/TotalAssetsGrp/BOYAmt03601782
IRS990/TotalAssetsGrp/EOYAmt04095106
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0255009
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03080423
IRS990/TotalLiabilitiesEOYAmt03593205
IRS990/TotalLiabilitiesGrp/BOYAmt03080423
IRS990/TotalLiabilitiesGrp/EOYAmt03593205
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0521359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0501901
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0251282
IRS990/TotalProgramServiceRevenueAmt0226446
IRS990/TotalReportableCompFromOrgAmt045100
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0235802
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0235802
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03601782
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04095106
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0799
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0121 MORTON DR
IRS990/USAddress/CityNm0SOUTH HUTCHINSON
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067505
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MORTONCU.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Judy Voeltz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum06206656792
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORTON CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MORT
ReturnHeader/Filer/EIN0480544200
ReturnHeader/Filer/PhoneNum06206656792
ReturnHeader/Filer/USAddress/AddressLine1Txt0121 MORTON DR
ReturnHeader/Filer/USAddress/CityNm0SOUTH HUTCHINSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067505
ReturnHeader/ReturnTs02015-04-24T14:31:27-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.27$4.53$0.74$0.43$0.40$0.03
2024Detailed filing. Detailed filing data is available for this year.$5.24$4.54$0.71$0.40$0.35$0.05
2023Detailed filing. Detailed filing data is available for this year.$5.40$4.74$0.66$0.39$0.35$0.04
2022Detailed filing. Detailed filing data is available for this year.$5.48$4.86$0.62$0.28$0.30$0.02
2021Detailed filing. Detailed filing data is available for this year.$5.48$4.84$0.64$0.28$0.30$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.95$4.29$0.65$0.35$0.36$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.33$3.67$0.66$0.38$0.32$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.34$3.74$0.60$0.36$0.35$0.00
2017Detailed filing. Detailed filing data is available for this year.$4.10$3.50$0.60$0.31$0.27$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.89$3.34$0.55$0.27$0.22$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.82$3.32$0.50$0.23$0.23$0.00
2014Detailed filing. Detailed filing data is available for this year.$4.10$3.59$0.50$0.24$0.26$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.60$3.08$0.52$0.22$0.23$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$3.00$0.53$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$2.80$0.52$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$2.74$0.56$0.24