Civic Intelligence

Unknown Organization

990 • Fiscal year 2013 • EIN 48-0569360

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 07, 2014

707 SE Quincy66603

(785) 235-9551

Siviq Scores

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

Liabilities / Assets

94th percentile

0.92x

Higher debt load relative to assets than 94% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

43rd percentile

18.44x

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

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

25th percentile

-2.7%

Higher net margin than 25% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

16th percentile

-3.0%

Faster asset growth than 16% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$19,710,142

Down $606,258 (-3.0%) from 2012

Net Assets

Down

$1,493,071

Down $26,541 (-1.7%) from 2012

Liabilities

Down

$18,217,071

Down $579,717 (-3.1%) from 2012

Revenue

$987,800

No earlier filing loaded for comparison.

Expenses

Down

$1,014,341

Down $47,146 (-4.4%) from 2012

Net Income

-$26,541

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $19,759,494Liabilities 2010: $18,272,199Net Assets 2010: $1,487,2952010Assets 2011: $19,508,028Liabilities 2011: $17,992,230Net Assets 2011: $1,515,7982011Assets 2012: $20,316,400Liabilities 2012: $18,796,788Net Assets 2012: $1,519,6122012Assets 2013: $19,710,142Liabilities 2013: $18,217,071Net Assets 2013: $1,493,0712013Assets 2014: $19,903,596Liabilities 2014: $18,612,396Net Assets 2014: $1,291,2002014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2013

Assets$19,710,142
Liabilities$18,217,071
Net Assets$1,493,071

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,622,0292010Expenses 2011: $1,189,3892011Expenses 2012: $1,061,4872012Revenue 2013: $987,800Expenses 2013: $1,014,341Net Income 2013: -$26,5412013Revenue 2014: $895,166Expenses 2014: $1,097,037Net Income 2014: -$201,8712014Revenue 2015: $206,336Expenses 2015: $275,442Net Income 2015: -$69,1062015

Highlighted filing

2013

Revenue$987,800
Expenses$1,014,341
Net Income-$26,541
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 7, 2014
Return Version
2013v3.0
Gross Receipts
$987,800
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$13,358,209$14,258,024▲ $899,815
Savings and Temporary Cash Investments$5,324,196$4,270,196▼ $1,054,000
Rtn Earn Endowment Incm Other Fnds$1,519,612$1,493,071▼ $26,541
Land, Buildings, and Equipment, Net$602,919$548,088▼ $54,831
Cash and Non-Interest-Bearing Accounts$612,764$264,140▼ $348,624
Prepaid Expenses and Deferred Charges$88,611$43,029▼ $45,582
Accounts Receivable$12,166$7,640▼ $4,526
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$20,316,400$19,710,142▼ $606,258
Other Assets Total$317,535$319,025▲ $1,490
Liabilities
Other Liabilities$18,654,095$18,112,719▼ $541,376
Accounts Payable and Accrued Expenses$142,693$104,352▼ $38,341
Total Liabilities$18,796,788$18,217,071▼ $579,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,519,612$1,493,071▼ $26,541
Total Liabilities and Net Assets / Fund Balance$20,316,400$19,710,142▼ $606,258

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$372,762$366,038$738,800
Equipment$96,464$336,683$433,147
Leasehold Improvements$28,862$215,073$243,935
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie StuartPresident/CEOFT$67,194$7,895$75,089

Board Members and Trustees

NameTitle
Patricia WelchChairman
Edward EspinosaVice Chairman
Dixie WomackDirector
Randy StookeyDirector
Rick GardnerDirector
Scott BuescherDirector
Randy PerkinsSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$920,858
Investment Income
$39,339
Other Revenue
$27,603
Change in Net Assets
$-26,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$537,953
Salaries, Compensation, and Employee Benefits$476,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$338,341
Office Expenses---$164,324
Depreciation Depletion---$101,830
Occupancy---$86,454
Current Officers, Directors, Trustees, and Key Employees---$75,089
Information Technology---$62,546
Advertising---$40,455
Payroll Taxes---$37,145
All Other Expenses---$35,741
Fees for Services Accounting---$19,602
Other Employee Benefits---$15,904
Insurance---$14,539
Pension Plan Contributions---$9,909
Conferences and Meetings---$7,887
Fees for Services Other---$4,136
Interest---$2,581
Other Expenses---$-71,021
Total Functional Expenses$0$0$0$1,014,341
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 Share Deposits$18,112,719
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
No
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 2

Kim geels, vice president lending & operations, is the daughter of dixie womack, director.

Form 990, Part VI, Section A, Line 6

The credit union is mutually owned by members.

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

The board of directors are elected by the credit union members.

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

Significant changes such as mergers and changes to 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 11

An outside accounting firm prepares the form 990 based on data provided by credit union management. Upon completion, it is reviewed and authorized for filing by the president/ceo. The board reviews the final return as filed.

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

On an annual basis, the officers, directors, and key employees 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 and are audited by management and the supervisory committee.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

EIN
48-0569360
Phone
7852359551

Signing Officer

Name
Stephanie Stuart
Title
President/CEO
Phone
7852359551
Signed
2014-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Stuart
Formed
1972
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
20
Volunteers
14

Preparer

Phone
9138946214
Raw XML Appendix359 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2013, THERE WERE 2,062 LOANS OUTSTANDING TOTALING $14,319,521.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIM GEELS, VICE PRESIDENT LENDING & OPERATIONS, IS THE DAUGHTER OF DIXIE WOMACK, DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SIGNIFICANT CHANGES SUCH AS MERGERS AND CHANGES TO BYLAWS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AN OUTSIDE ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON DATA PROVIDED BY CREDIT UNION MANAGEMENT. UPON COMPLETION, IT IS REVIEWED AND AUTHORIZED FOR FILING BY THE PRESIDENT/CEO. THE BOARD REVIEWS THE FINAL RETURN AS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON AN ANNUAL BASIS, THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES 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 AND ARE AUDITED BY MANAGEMENT AND THE SUPERVISORY COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
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/TotalAssetsBOYAmt020316400
IRS990/TotalAssetsEOYAmt019710142
IRS990/TotalAssetsGrp/BOYAmt020316400
IRS990/TotalAssetsGrp/EOYAmt019710142
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/TotalAmt01014341
IRS990/TotalGrossUBIAmt06368
IRS990/TotalLiabilitiesBOYAmt018796788
IRS990/TotalLiabilitiesEOYAmt018217071
IRS990/TotalLiabilitiesGrp/BOYAmt018796788
IRS990/TotalLiabilitiesGrp/EOYAmt018217071
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01519612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01493071
IRS990/TotalOtherCompensationAmt07895
IRS990/TotalProgramServiceRevenueAmt0920858
IRS990/TotalReportableCompFromOrgAmt067194
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0981432
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0987800
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06368
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020316400
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019710142
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10707 SE QUINCY
IRS990/USAddress/City0TOPEKA
IRS990/USAddress/State0KS
IRS990/USAddress/ZIPCode066603
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NEWCENTURYCU.COM
IRS990/WhistleblowerPolicyInd01
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE STUART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07852359551
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine10NEW CENTURY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0480569360
ReturnHeader/Filer/PhoneNum07852359551
ReturnHeader/Filer/USAddress/AddressLine10707 SE QUINCY
ReturnHeader/Filer/USAddress/City0TOPEKA
ReturnHeader/Filer/USAddress/State0KS
ReturnHeader/Filer/USAddress/ZIPCode066603
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431592217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10J TENBRINK & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1011272 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0OLATHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode066061
ReturnHeader/PreparerPersonGrp/PhoneNum09138946214
ReturnHeader/ReturnTs02014-10-07T15:13:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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