Civic Intelligence

Mainstreet Credit Union

EIN 48-0672349 • 501(c)14 • Lenexa, KS

Profile

We are a member owned financial cooperative dedicated to providing quality service.

13001 W 95th StreetLenexa, KS 66215

www.mainstreetcu.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.91x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

81st percentile

18.14x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

46th percentile

8.6%

Higher net margin than 46% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

48th percentile

2.6%

Faster asset growth than 48% of similar nonprofits.

501(c)14 • $250M-$1B 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

Up

$338,677,352

Up $8,667,548 (+2.6%) from 2012

Liabilities

Up

$307,485,545

Up $8,682,321 (+2.9%) from 2012

Net Assets

Down

$31,191,807

Down $14,773 (-0.0%) from 2012

Revenue

$16,948,261

No earlier filing loaded for comparison.

Expenses

Up

$15,486,027

Up $653,594 (+4.4%) from 2012

Net Income

$1,462,234

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $263,361,398Liabilities 2010: $236,753,143Net Assets 2010: $26,608,2552010Assets 2011: $300,963,466Liabilities 2011: $272,920,209Net Assets 2011: $28,043,2572011Assets 2012: $330,009,804Liabilities 2012: $298,803,224Net Assets 2012: $31,206,5802012Assets 2013: $338,677,352Liabilities 2013: $307,485,545Net Assets 2013: $31,191,8072013

Highlighted filing

2013

Assets$338,677,352
Liabilities$307,485,545
Net Assets$31,191,807

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2010: $15,614,4152010Expenses 2011: $15,940,6902011Expenses 2012: $14,832,4332012Revenue 2013: $16,948,261Expenses 2013: $15,486,027Net Income 2013: $1,462,2342013

Highlighted filing

2013

Revenue$16,948,261
Expenses$15,486,027
Net Income$1,462,234

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 18, 2014
Return Version
2013v3.0
Gross Receipts
$18,233,573
Mission and Program Overview

Mission

We are a member owned financial cooperative dedicated to providing quality service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$172,526,159$173,536,989▲ $1,010,830
Savings and Temporary Cash Investments$83,608,094$74,050,595▼ $9,557,499
Investments in Publicly Traded Securities$51,559,244$45,408,240▼ $6,151,004
Rtn Earn Endowment Incm Other Fnds$31,206,580$31,191,807▼ $14,773
Investments Other Securities$451,591$26,656,252▲ $26,204,661
Land, Buildings, and Equipment, Net$9,252,810$8,915,217▼ $337,593
Cash and Non-Interest-Bearing Accounts$4,613,530$4,316,579▼ $296,951
Prepaid Expenses and Deferred Charges$349,048$355,229▲ $6,181
Accounts Receivable$52,493$214,926▲ $162,433
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$330,009,804$338,677,352▲ $8,667,548
Other Assets Total$7,596,835$5,223,325▼ $2,373,510
Liabilities
Other Liabilities$295,021,281$303,967,046▲ $8,945,765
Accounts Payable and Accrued Expenses$3,781,943$3,518,499▼ $263,444
Total Liabilities$298,803,224$307,485,545▲ $8,682,321
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,206,580$31,191,807▼ $14,773
Total Liabilities and Net Assets / Fund Balance$330,009,804$338,677,352▲ $8,667,548

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,605,370$3,476,039$9,081,409
Equipment$1,383,206$5,887,706$7,270,912
Land$1,926,640-$1,926,640
Leasehold Improvements$1$46,331$46,332
Other Securities$1,332,600--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John D BeverlinPresident/CEOFT$188,290$27,572$215,862
Lee PatrickEvpFT$122,443$12,277$134,720
David CollinsSVP/COOFT$115,153$4,910$120,063
Molly HomanSVPFT$102,589$13,319$115,908
Bruce TaylorSVPFT$43,068$4,367$47,435
Bob MayesCLOFT$36,016$768$36,784

Board Members and Trustees

NameTitle
Carol McnaryChairman
Paul E Alvarado SrVice Chairman
Dr Gerald W BairdBoard Member
Leslie MackeyBoard Member
Marilyn L MeyerBoard Member
L Eugene SalmansSecretary
Gary UlmerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,655,494
Investment Income
$1,220,842
Other Revenue
$71,925
Change in Net Assets
$1,462,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,262,191
Salaries, Compensation, and Employee Benefits$6,223,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,647,900
Fees for Services Other---$1,919,867
All Other Expenses---$844,251
Office Expenses---$818,715
Depreciation Depletion---$801,268
Current Officers, Directors, Trustees, and Key Employees---$670,772
Advertising---$653,586
Occupancy---$631,396
Information Technology---$449,594
Payroll Taxes---$420,579
Other Employee Benefits---$397,083
Other Expenses---$244,228
Fees for Services Legal---$239,097
Fees for Services Accounting---$108,986
Pension Plan Contributions---$87,502
Conferences and Meetings---$75,529
Travel---$60,476
Insurance---$59,996
Total Functional Expenses$0$0$0$15,486,027
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$303,967,046
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; 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 and is reviewed by the president/ceo and svp/coo before filing.

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

On an annual basis, all officers, directors, and key employees are required to review the conflict of interest policy, disclose any known 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 compensation committee of the board of directors consults with an independent salary administration firm who establishes salary grades and ranges for all officer and key employee positions. The committee then reviews the president/ceo's performance and determines compensation. All other compensation 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 presented at the annual meeting, posted at each branch location, 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
48-0672349
Phone
9135991010

Signing Officer

Name
David Collins
Title
SVP/COO
Phone
9135991010
Signed
2014-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John D Beverlin
Formed
1953
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
169
Volunteers
9

Preparer

Phone
9138946214
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Debit card network 1,073,149. Other outside services 846,718.

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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt352657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt411786
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0432
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt181592
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt252657
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt311786
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2013, THERE WERE 16,978 LOANS OUTSTANDING TOTALING $174,794,883.
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $1,069,420 FOR THE YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0599939
IRS990/PYOtherExpensesAmt08882405
IRS990/PYOtherRevenueAmt0115815
IRS990/PYProgramServiceRevenueAmt017056591
IRS990/PYRevenuesLessExpensesAmt02939912
IRS990/PYSalariesCompEmpBnftPaidAmt05950028
IRS990/PYTotalExpensesAmt014832433
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017772345
IRS990/ReconcilationRevenueExpnssAmt01462234
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt071925
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt071925
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031206580
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt031191807
IRS990/SavingsAndTempCashInvstGrp/BOYAmt083608094
IRS990/SavingsAndTempCashInvstGrp/EOYAmt074050595
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05605370
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03476039
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09081409
IRS990ScheduleD/EquipmentGrp/BookValueAmt01383206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05887706
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07270912
IRS990ScheduleD/LandGrp/BookValueAmt01926640
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01926640
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt046331
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt046332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0303967046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt025323652
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11332600
IRS990ScheduleD/OtherSecuritiesGrp/Desc0HTM - FEDERAL SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB - TOPEKA STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08915217
IRS990ScheduleD/TotalBookValueSecuritiesAmt026656252
IRS990ScheduleD/TotalLiabilityAmt0303967046
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0188290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05636
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt010800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN D BEVERLIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0215862
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS CONSULTS WITH AN INDEPENDENT SALARY ADMINISTRATION FIRM WHO ESTABLISHES SALARY GRADES AND RANGES FOR ALL OFFICER AND KEY EMPLOYEE POSITIONS. THE COMMITTEE THEN REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT/CEO AND SVP/COO BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON AN ANNUAL BASIS, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY KNOWN CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS CONSULTS WITH AN INDEPENDENT SALARY ADMINISTRATION FIRM WHO ESTABLISHES SALARY GRADES AND RANGES FOR ALL OFFICER AND KEY EMPLOYEE POSITIONS. THE COMMITTEE THEN REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION. ALL OTHER COMPENSATION 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 PRESENTED AT THE ANNUAL MEETING, POSTED AT EACH BRANCH LOCATION, 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/ExplanationTxt7DEBIT CARD NETWORK 1,073,149. OTHER OUTSIDE SERVICES 846,718.
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 IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0330009804
IRS990/TotalAssetsEOYAmt0338677352
IRS990/TotalAssetsGrp/BOYAmt0330009804
IRS990/TotalAssetsGrp/EOYAmt0338677352
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt0169
IRS990/TotalFunctionalExpensesGrp/TotalAmt015486027
IRS990/TotalGrossUBIAmt0146467
IRS990/TotalLiabilitiesBOYAmt0298803224
IRS990/TotalLiabilitiesEOYAmt0307485545
IRS990/TotalLiabilitiesGrp/BOYAmt0298803224
IRS990/TotalLiabilitiesGrp/EOYAmt0307485545
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031206580
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt031191807
IRS990/TotalOtherCompensationAmt052413
IRS990/TotalProgramServiceRevenueAmt015655494
IRS990/TotalReportableCompFromOrgAmt0618359
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016801794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016948261
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0146467
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0330009804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0338677352
IRS990/TotReportableCompRltdOrgAmt00

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