Civic Intelligence

Kumc Credit Union

990 • Fiscal year 2014 • EIN 48-0595332

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 21, 2015

3901 Rainbow BlvdKansas City, KS 66160

(913) 962-8146

Siviq Scores

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

Liabilities / Assets

75th percentile

0.90x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

29.36x

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

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Net Margin

41st percentile

5.3%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$96,978

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2014

Asset Growth

22nd percentile

-1.9%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-3.2%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Down

$25,057,413

Down $474,581 (-1.9%) from 2013

Net Assets

Up

$2,401,110

Up $40,602 (+1.7%) from 2013

Liabilities

Down

$22,656,303

Down $515,183 (-2.2%) from 2013

Revenue

Down

$771,764

Down $25,487 (-3.2%) from 2013

Expenses

Down

$731,162

Down $100,363 (-12%) from 2013

Net Income

Up

$40,602

Up $74,876 (+218%) from 2013

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $22,817,256Liabilities 2010: $20,448,804Net Assets 2010: $2,368,4522010Assets 2011: $24,555,062Liabilities 2011: $22,155,101Net Assets 2011: $2,399,9612011Assets 2012: $26,498,756Liabilities 2012: $24,103,974Net Assets 2012: $2,394,7822012Assets 2013: $25,531,994Liabilities 2013: $23,171,486Net Assets 2013: $2,360,5082013Assets 2014: $25,057,413Liabilities 2014: $22,656,303Net Assets 2014: $2,401,1102014Assets 2015: $27,337,415Liabilities 2015: $24,906,244Net Assets 2015: $2,431,1712015Assets 2016: $28,357,010Liabilities 2016: $25,916,321Net Assets 2016: $2,440,6892016Assets 2017: $27,683,976Liabilities 2017: $25,121,419Net Assets 2017: $2,562,5572017Assets 2018: $27,404,757Liabilities 2018: $24,734,884Net Assets 2018: $2,669,8732018Assets 2019: $27,538,686Liabilities 2019: $24,809,029Net Assets 2019: $2,729,6572019Assets 2020: $30,547,754Liabilities 2020: $27,902,684Net Assets 2020: $2,645,0702020Assets 2021: $32,676,873Liabilities 2021: $30,004,957Net Assets 2021: $2,671,9162021Assets 2022: $30,253,496Liabilities 2022: $27,531,989Net Assets 2022: $2,721,5072022Assets 2023: $28,634,385Liabilities 2023: $25,668,202Net Assets 2023: $2,966,1832023Assets 2024: $27,751,668Liabilities 2024: $24,303,557Net Assets 2024: $3,448,1112024Assets 2025: $29,752,846Liabilities 2025: $25,710,177Net Assets 2025: $4,042,6692025

Highlighted filing

2014

Assets$25,057,413
Liabilities$22,656,303
Net Assets$2,401,110

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,042,3972010Expenses 2011: $970,2202011Expenses 2012: $900,2272012Revenue 2013: $797,251Expenses 2013: $831,525Net Income 2013: -$34,2742013Revenue 2014: $771,764Expenses 2014: $731,162Net Income 2014: $40,6022014Revenue 2015: $799,631Expenses 2015: $769,570Net Income 2015: $30,0612015Revenue 2016: $851,109Expenses 2016: $841,591Net Income 2016: $9,5182016Revenue 2017: $1,031,345Expenses 2017: $909,477Net Income 2017: $121,8682017Revenue 2018: $1,051,639Expenses 2018: $944,323Net Income 2018: $107,3162018Revenue 2019: $1,076,004Expenses 2019: $1,016,220Net Income 2019: $59,7842019Revenue 2020: $932,946Expenses 2020: $1,017,533Net Income 2020: -$84,5872020Revenue 2021: $861,114Expenses 2021: $834,268Net Income 2021: $26,8462021Revenue 2022: $909,934Expenses 2022: $860,343Net Income 2022: $49,5912022Revenue 2023: $1,225,785Expenses 2023: $971,109Net Income 2023: $254,6762023Revenue 2024: $1,651,819Expenses 2024: $1,169,891Net Income 2024: $481,9282024Revenue 2025: $1,717,829Expenses 2025: $1,123,271Net Income 2025: $594,5582025

Highlighted filing

2014

Revenue$771,764
Expenses$731,162
Net Income$40,602
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 21, 2015
Return Version
2014v5.0
Gross Receipts
$771,764
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$17,281,433$17,214,390▼ $67,043
Other Notes and Loans Receivable, Net$7,574,996$6,940,981▼ $634,015
Rtn Earn Endowment Incm Other Fnds$2,360,508$2,401,110▲ $40,602
Cash and Non-Interest-Bearing Accounts$229,858$477,661▲ $247,803
Land, Buildings, and Equipment, Net$139,406$117,820▼ $21,586
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$25,531,994$25,057,413▼ $474,581
Other Assets Total$306,301$306,561▲ $260
Liabilities
Other Liabilities$23,124,636$22,612,965▼ $511,671
Accounts Payable and Accrued Expenses$46,850$43,338▼ $3,512
Total Liabilities$23,171,486$22,656,303▼ $515,183
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,360,508$2,401,110▲ $40,602
Total Liabilities and Net Assets / Fund Balance$25,531,994$25,057,413▼ $474,581

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,014$234,453$313,467
Leasehold Improvements$38,806$96,653$135,459
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert E BurtonGeneral ManagerFT$77,879$19,099$96,978

Board Members and Trustees

NameTitle
Don RauChairman
Rick JohnsonVice Chairman
Kevin GrowneyDirector-publicity & Education
Debra BrogdenSecretary
Mary Jo WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$586,276
Investment Income
$179,753
Other Revenue
$5,735
Change in Net Assets
$40,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$430,854
Other Expenses$300,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$245,286
Current Officers, Directors, Trustees, and Key Employees---$96,978
Office Expenses---$47,191
Other Employee Benefits---$36,159
Depreciation Depletion---$33,530
Payroll Taxes---$28,627
All Other Expenses---$26,274
Occupancy---$26,180
Pension Plan Contributions---$23,804
Information Technology---$22,945
Fees for Services Other---$22,183
Fees for Services Accounting---$19,533
Insurance---$19,169
Other Expenses---$5,308
Fees for Service Investment Mgmnt Fees---$3,895
Advertising---$2,245
Fees for Services Legal---$938
Total Functional Expenses$0$0$0$731,162
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$22,612,965
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 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

The form 990 is prepared by an outside accounting firm based on data provided by the credit union. Upon completion, it is reviewed and approved by credit union management and the board of directors.

Form 990, Part VI, Section B, line 12

On an annual basis, officers and directors 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 performance of the general manager and the assistant manager and determines their compensation. All other employees' compensation is determined by the general manager and is presented as part of the budget package 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 in the 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

Filer Name
Kumc Credit Union
EIN
48-0595332
Phone
9139628146
Address
3901 RAINBOW BLVD, KANSAS CITY, KS 66160

Signing Officer

Name
Robert E Burton
Title
General Manager
Phone
9139628146
Signed
2015-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert E Burton
Formed
1954
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
13

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061
Phone
9138946214
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

The credit union offers remedial credit counseling to members.

Raw XML Appendix333 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/PersonNm3MARY JO WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN GROWNEY
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT E BURTON
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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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, 2014, THERE WERE 924 LOANS OUTSTANDING TOTALING $6,986,042.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION OFFERS REMEDIAL CREDIT COUNSELING TO MEMBERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0117820
IRS990ScheduleD/TotalLiabilityAmt022612965
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIGNIFICANT 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/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON DATA PROVIDED BY THE CREDIT UNION. UPON COMPLETION, IT IS REVIEWED AND APPROVED BY CREDIT UNION MANAGEMENT AND THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, OFFICERS AND DIRECTORS 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 PERFORMANCE OF THE GENERAL MANAGER AND THE ASSISTANT MANAGER AND DETERMINES THEIR COMPENSATION. ALL OTHER EMPLOYEES' COMPENSATION IS DETERMINED BY THE GENERAL MANAGER AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE 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 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 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12
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/TotalAssetsBOYAmt025531994
IRS990/TotalAssetsEOYAmt025057413
IRS990/TotalAssetsGrp/BOYAmt025531994
IRS990/TotalAssetsGrp/EOYAmt025057413
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/TotalAmt0731162
IRS990/TotalGrossUBIAmt0203
IRS990/TotalLiabilitiesBOYAmt023171486
IRS990/TotalLiabilitiesEOYAmt022656303
IRS990/TotalLiabilitiesGrp/BOYAmt023171486
IRS990/TotalLiabilitiesGrp/EOYAmt022656303
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02360508
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02401110
IRS990/TotalOtherCompensationAmt019099
IRS990/TotalProgramServiceRevenueAmt0586276
IRS990/TotalReportableCompFromOrgAmt077879
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0771561
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0771764
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0203
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025531994
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt025057413
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012510 W 62ND TERRACE 104
IRS990/USAddress/CityNm0SHAWNEE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066216
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.KUMCCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT E BURTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09139628146
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KUMC CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0KUMC
ReturnHeader/Filer/EIN0480595332
ReturnHeader/Filer/PhoneNum09139628146
ReturnHeader/Filer/USAddress/AddressLine1Txt03901 RAINBOW BLVD
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066160
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431592217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J TENBRINK & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011272 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLATHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066061
ReturnHeader/PreparerPersonGrp/PhoneNum09138946214
ReturnHeader/ReturnTs02015-07-21T11:00:29-05:00
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.$29.8$25.7$4.04$1.72$1.12$0.59
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$24.3$3.45$1.65$1.17$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$25.7$2.97$1.23$0.97$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$27.5$2.72$0.91$0.86$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$30.0$2.67$0.86$0.83$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.5$27.9$2.65$0.93$1.02$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$24.8$2.73$1.08$1.02$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$24.7$2.67$1.05$0.94$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$25.1$2.56$1.03$0.91$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$25.9$2.44$0.85$0.84$0.01
2015Detailed filing. Detailed filing data is available for this year.$27.3$24.9$2.43$0.80$0.77$0.03
2014Detailed filing. Detailed filing data is available for this year.$25.1$22.7$2.40$0.77$0.73$0.04
2013Detailed filing. Detailed filing data is available for this year.$25.5$23.2$2.36$0.80$0.83$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$24.1$2.39$0.90
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$22.2$2.40$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.8$20.4$2.37$1.04