Civic Intelligence

Educational Credit Union

990 • Fiscal year 2015 • EIN 48-0641445

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 29, 2016

Organization ProfileWWW.EDUCATIONALCU.ORG

View Organization Page

2808 SW Arrowhead RoadTopeka, KS 66614-2447

(785) 271-6900

Siviq Scores

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

Liabilities / Assets

69th percentile

0.91x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

17.86x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Net Margin

80th percentile

18%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$203,824

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2015

Asset Growth

56th percentile

5.5%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

6.9%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$201,438,820

Up $10,416,070 (+5.5%) from 2014

Net Assets

Up

$18,701,978

Up $1,743,532 (+10%) from 2014

Liabilities

Up

$182,736,842

Up $8,672,538 (+5.0%) from 2014

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin80th percentile

Revenue

Up

$10,231,866

Up $656,250 (+6.9%) from 2014

Expenses

Up

$8,412,448

Up $593,783 (+7.6%) from 2014

Net Income

Up

$1,819,418

Up $62,467 (+3.6%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$300M$200M$100M$0Assets 2010: $135,325,282Liabilities 2010: $123,823,027Net Assets 2010: $11,502,2552010Assets 2011: $153,831,004Liabilities 2011: $141,268,517Net Assets 2011: $12,562,4872011Assets 2012: $175,016,832Liabilities 2012: $161,046,780Net Assets 2012: $13,970,0522012Assets 2013: $185,442,915Liabilities 2013: $170,284,337Net Assets 2013: $15,158,5782013Assets 2014: $191,022,750Liabilities 2014: $174,064,304Net Assets 2014: $16,958,4462014Assets 2015: $201,438,820Liabilities 2015: $182,736,842Net Assets 2015: $18,701,9782015

Highlighted filing

2015

Assets$201,438,820
Liabilities$182,736,842
Net Assets$18,701,978
Open 2015 Filing

Operations Trend

Revenue Growth63rd percentile

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

$15M$10M$5.0M$0Expenses 2010: $7,617,0252010Expenses 2011: $7,304,3352011Expenses 2012: $7,462,5592012Revenue 2013: $9,050,184Expenses 2013: $7,728,740Net Income 2013: $1,321,4442013Revenue 2014: $9,575,616Expenses 2014: $7,818,665Net Income 2014: $1,756,9512014Revenue 2015: $10,231,866Expenses 2015: $8,412,448Net Income 2015: $1,819,4182015

Highlighted filing

2015

Revenue$10,231,866
Expenses$8,412,448
Net Income$1,819,418
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 29, 2016
Return Version
2015v2.1
Gross Receipts
$10,233,173
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
Other Notes and Loans Receivable, Net$126,720,332$145,969,765▲ $19,249,433
Investments in Publicly Traded Securities$48,403,589--
Investments Other Securities$1,388,692$40,300,475▲ $38,911,783
Rtn Earn Endowment Incm Other Fnds$16,958,446$18,701,978▲ $1,743,532
Savings and Temporary Cash Investments$5,129,810$6,274,258▲ $1,144,448
Land, Buildings, and Equipment, Net$3,727,944$3,632,955▼ $94,989
Cash and Non-Interest-Bearing Accounts$2,389,291$2,244,387▼ $144,904
Accounts Receivable$680,135$443,826▼ $236,309
Prepaid Expenses and Deferred Charges$191,057$157,420▼ $33,637
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$191,022,750$201,438,820▲ $10,416,070
Other Assets Total$2,391,900$2,415,734▲ $23,834
Liabilities
Other Liabilities$172,828,704$181,758,472▲ $8,929,768
Accounts Payable and Accrued Expenses$1,235,600$978,370▼ $257,230
Total Liabilities$174,064,304$182,736,842▲ $8,672,538
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,958,446$18,701,978▲ $1,743,532
Total Liabilities and Net Assets / Fund Balance$191,022,750$201,438,820▲ $10,416,070

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,550,754$1,549,083$4,099,837
Land$951,342-$951,342
Equipment$130,859$681,781$812,640
Other Securities$23,004,107--
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg WinklerPresident/CEOFT$162,440$41,384$203,824
Lisa BrownExecutive Vice PresidentFT$109,435$18,440$127,875

Board Members and Trustees

NameTitle
Jim FrownfelterChairman
Shirley MartinVice Chairman
Clardy VinsonDirector
Marcia DechandDirector
Robert BalstersDirector
Sherryl LonghoferDirector
Gail KaiserSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,456,632
Investment Income
$751,205
Other Revenue
$24,029
Change in Net Assets
$1,819,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,781,926
Salaries, Compensation, and Employee Benefits$2,622,312
Grants and Similar Amounts Paid$8,210
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,784,205
Office Expenses---$1,298,758
Fees for Services Other---$753,760
Current Officers, Directors, Trustees, and Key Employees---$331,699
Occupancy---$250,823
Depreciation Depletion---$225,385
Other Employee Benefits---$195,077
Payroll Taxes---$160,822
Pension Plan Contributions---$150,509
Advertising---$134,638
All Other Expenses---$119,249
Other Expenses---$87,537
Conferences and Meetings---$70,515
Fees for Services Accounting---$65,880
Information Technology---$58,080
Fees for Services Management---$46,458
Insurance---$44,995
Fees for Service Investment Mgmnt Fees---$23,084
Grants to Domestic Individuals---$8,210
Fees for Services Legal---$3,080
Interest---$522
Total Functional Expenses$0$0$0$8,412,448
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$181,758,472
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
Yes
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

“Certain significant changes are subject to approval by the credit union members. In 2015, members approved the board's recommendation to merge with with quest credit union. The merger will be effective may 1, 2016.”

Form 990, Part VI, Section B, Line 11

“Credit union management reviews the form 990 with the accounting firm preparing the return. The board of directors then reviews and approves the return prior to filing.”

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

“On an annual basis, the officers, 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 president/ceo's performance and determines compensation based on various information, including a signed employment contract, the compease salary administration program, and peer studies. All other management compensation is determined by the president/ceo using similar information and is presented as part of the budget package to the board of directors for approval. The board's deliberations and decisions are documented in the minutes.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in the lobby and on the credit union's website, are 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
Educational Credit Union
EIN
48-0641445
Phone
7852716900
Address
2808 SW ARROWHEAD ROAD, TOPEKA, KS 66614-2447

Signing Officer

Name
Greg Winkler
Title
President/CEO
Phone
7852716900
Signed
2016-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Winkler
Formed
1939
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
62
Volunteers
10

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“OTHER ADJUSTMENTS -789.”

Financial Statement Notes

PART IV, LINE 2B:

“In 2015, two employees were certified as debt counselors and respond to member needs as requested.”

Raw XML AppendixShowing 400 of 438 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/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2015, THERE WERE 12,178 LOANS OUTSTANDING TOTALING $146,651,425.
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $1,082,269 FOR THE YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt08706
IRS990/PYInvestmentIncomeAmt0907843
IRS990/PYOtherExpensesAmt05428416
IRS990/PYOtherRevenueAmt021535
IRS990/PYProgramServiceRevenueAmt08646238
IRS990/PYRevenuesLessExpensesAmt01756951
IRS990/PYSalariesCompEmpBnftPaidAmt02381543
IRS990/PYTotalExpensesAmt07818665
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09575616
IRS990/ReconcilationRevenueExpnssAmt01819418
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt024029
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt024029
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016958446
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018701978
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05129810
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06274258
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02550754
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01549083
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04099837
IRS990ScheduleD/EquipmentGrp/BookValueAmt0130859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0681781
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0812640
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0951342
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0951342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0181758472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0191100
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11200
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2624327
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt380672
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4496070
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt549500
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt615853499
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt723004107
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FHLB CLASS A STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB CLASS B STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CAPITAL CUSO, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CU ATM NETWORK CUSO, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CROCO CUSO, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc5MEMBERS MORT. SVCS., LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc6AFS-FEDERAL AGENCY SEC.
IRS990ScheduleD/OtherSecuritiesGrp/Desc7HTM-FEDERAL AGENCY SEC.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN 2015, TWO EMPLOYEES WERE CERTIFIED AS DEBT COUNSELORS AND RESPOND TO MEMBER NEEDS AS REQUESTED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03632955
IRS990ScheduleD/TotalBookValueSecuritiesAmt040300475
IRS990ScheduleD/TotalLiabilityAmt0181758472
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt14210
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DIANE WRIGHT MEMORIAL SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER MINI-GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt131
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION AWARDS THE "DIANE WRIGHT MEMORIAL SCHOLARSHIP" ANNUALLY TO A HIGH SCHOOL SENIOR PURSUING A DEGREE IN EDUCATION AT A FOUR-YEAR UNIVERSITY. THE WINNER RECEIVES A $500 AWARD WHICH IS RENEWABLE EVERY SEMESTER FOR A MAXIMUM OF $4,000, PROVIDED ALL REQUIREMENTS HAVE BEEN MET AND VERIFIED. IN ADDITION, TEACHERS MAY APPLY FOR MINI-GRANTS TO HELP COVER THE COST OF VARIOUS CLASSROOM PROJECTS. APPLICATIONS ARE REVIEWED BY A COMMITTEE AND AMOUNTS ARE AWARDED AND PAID TO THE VENDOR SUPPLIER OR TO THE SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt016842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023642
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREG WINKLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0203824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION BASED ON VARIOUS INFORMATION, INCLUDING A SIGNED EMPLOYMENT CONTRACT, THE COMPEASE SALARY ADMINISTRATION PROGRAM, AND PEER STUDIES. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
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/ExplanationTxt2CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS. IN 2015, MEMBERS APPROVED THE BOARD'S RECOMMENDATION TO MERGE WITH WITH QUEST CREDIT UNION. THE MERGER WILL BE EFFECTIVE MAY 1, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT UNION MANAGEMENT REVIEWS THE FORM 990 WITH THE ACCOUNTING FIRM PREPARING THE RETURN. THE BOARD OF DIRECTORS THEN REVIEWS AND APPROVES THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, THE OFFICERS, 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 PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION BASED ON VARIOUS INFORMATION, INCLUDING A SIGNED EMPLOYMENT CONTRACT, THE COMPEASE SALARY ADMINISTRATION PROGRAM, AND PEER STUDIES. ALL OTHER MANAGEMENT COMPENSATION IS DETERMINED BY THE PRESIDENT/CEO USING SIMILAR INFORMATION AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND ON THE CREDIT UNION'S WEBSITE, ARE 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/ExplanationTxt7OTHER ADJUSTMENTS -789.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0191022750
IRS990/TotalAssetsEOYAmt0201438820
IRS990/TotalAssetsGrp/BOYAmt0191022750
IRS990/TotalAssetsGrp/EOYAmt0201438820
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/TotalAmt08412448
IRS990/TotalGrossUBIAmt059748
IRS990/TotalLiabilitiesBOYAmt0174064304
IRS990/TotalLiabilitiesEOYAmt0182736842
IRS990/TotalLiabilitiesGrp/BOYAmt0174064304
IRS990/TotalLiabilitiesGrp/EOYAmt0182736842
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016958446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018701978
IRS990/TotalOtherCompensationAmt058924
IRS990/TotalProgramServiceRevenueAmt09456632
IRS990/TotalReportableCompFromOrgAmt0272775
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010172118
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010231866
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt059748
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0191022750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0201438820
IRS990/TotReportableCompRltdOrgAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$201,438,820
Liabilities
$182,736,842
Net assets
$18,701,978
Revenue
$10,231,866
Expenses
$8,412,448
Net income
$1,819,418
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$201$183$18.7$10.2$8.41$1.82
2014Detailed filing. Detailed filing data is available for this year.$191$174$17.0$9.58$7.82$1.76
2013Detailed filing. Detailed filing data is available for this year.$185$170$15.2$9.05$7.73$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$175$161$14.0$7.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$154$141$12.6$7.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$124$11.5$7.62