Civic Intelligence

Har Co Credit Union

990 • Fiscal year 2016 • EIN 52-0853115

Jan 01, 2016 to Dec 31, 2016 • Filed on May 05, 2017

Organization Profilewww.harcocu.org

View Organization Page

30 N Hickory AvenueBel Air, MD 21014

(410) 838-9090

Siviq Scores

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

Liabilities / Assets

1st percentile

0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

1st percentile

0.10x

Higher debt load relative to revenue than 1% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

17th percentile

4.0%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$315,510

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

19th percentile

0.8%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-0.2%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$190,050,288

Up $1,589,354 (+0.8%) from 2015

Net Assets

Up

$189,296,081

Up $1,465,244 (+0.8%) from 2015

Liabilities

Up

$754,207

Up $124,110 (+20%) from 2015

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin17th percentile

Revenue

Down

$7,613,519

Down $14,500 (-0.2%) from 2015

Expenses

Up

$7,308,959

Up $181,168 (+2.5%) from 2015

Net Income

Down

$304,560

Down $195,668 (-39%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$300M$200M$100M$0Assets 2013: $185,117,729Liabilities 2013: $1,483,817Net Assets 2013: $183,633,9122013Assets 2014: $184,717,870Liabilities 2014: $783,153Net Assets 2014: $183,934,7172014Assets 2015: $188,460,934Liabilities 2015: $630,097Net Assets 2015: $187,830,8372015Assets 2016: $190,050,288Liabilities 2016: $754,207Net Assets 2016: $189,296,0812016Assets 2017: $188,294,908Liabilities 2017: $808,783Net Assets 2017: $187,486,1252017Assets 2018: $187,962,489Liabilities 2018: $1,225,960Net Assets 2018: $186,736,5292018Assets 2019: $189,201,674Liabilities 2019: $1,201,806Net Assets 2019: $187,999,8682019Assets 2020: $216,009,995Liabilities 2020: $1,407,333Net Assets 2020: $214,602,6622020Assets 2021: $238,720,840Liabilities 2021: $871,889Net Assets 2021: $237,848,9512021Assets 2022: $245,148,533Liabilities 2022: $2,980,152Net Assets 2022: $242,168,3812022Assets 2023: $247,700,606Liabilities 2023: $3,081,922Net Assets 2023: $244,618,6842023Assets 2024: $260,541,605Liabilities 2024: $2,575,714Net Assets 2024: $257,965,8912024

Highlighted filing

2016

Assets$190,050,288
Liabilities$754,207
Net Assets$189,296,081
Open 2016 Filing

Operations Trend

Revenue Growth15th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $8,033,902Expenses 2013: $7,782,835Net Income 2013: $251,0672013Revenue 2014: $8,060,982Expenses 2014: $7,297,621Net Income 2014: $763,3612014Revenue 2015: $7,628,019Expenses 2015: $7,127,791Net Income 2015: $500,2282015Revenue 2016: $7,613,519Expenses 2016: $7,308,959Net Income 2016: $304,5602016Revenue 2017: $7,766,711Expenses 2017: $7,182,114Net Income 2017: $584,5972017Revenue 2018: $8,194,550Expenses 2018: $7,881,482Net Income 2018: $313,0682018Revenue 2019: $8,381,096Expenses 2019: $8,268,974Net Income 2019: $112,1222019Revenue 2020: $7,327,198Expenses 2020: $7,498,345Net Income 2020: -$171,1472020Revenue 2021: $7,323,964Expenses 2021: $7,219,854Net Income 2021: $104,1102021Revenue 2022: $9,204,810Expenses 2022: $7,846,962Net Income 2022: $1,357,8482022Revenue 2023: $11,885,797Expenses 2023: $9,665,881Net Income 2023: $2,219,9162023Revenue 2024: $13,335,704Expenses 2024: $11,641,525Net Income 2024: $1,694,1792024

Highlighted filing

2016

Revenue$7,613,519
Expenses$7,308,959
Net Income$304,560
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 5, 2017
Return Version
2016v3.0
Gross Receipts
$7,613,519
Mission and Program Overview

Mission

To provide a sound financial institution with excellent member service for our credit union family. We make our membership our first consideration in everything we do.

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$170,338,975$171,551,191▲ $1,212,216
Other Notes and Loans Receivable, Net$114,450,727$116,784,953▲ $2,334,226
Investments in Publicly Traded Securities$50,789,646$50,087,359▼ $702,287
Rtn Earn Endowment Incm Other Fnds$17,491,862$17,744,890▲ $253,028
Savings and Temporary Cash Investments$10,235,268$9,045,008▼ $1,190,260
Cash and Non-Interest-Bearing Accounts$5,873,126$6,550,246▲ $677,120
Land, Buildings, and Equipment, Net$3,501,814$3,137,443▼ $364,371
Receivables From Officers Etc$489,269$632,206▲ $142,937
Prepaid Expenses and Deferred Charges$332,990$385,181▲ $52,191
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$188,460,934$190,050,288▲ $1,589,354
Other Assets Total$2,788,094$3,427,892▲ $639,798
Liabilities
Accounts Payable and Accrued Expenses$630,097$754,207▲ $124,110
Total Liabilities$630,097$754,207▲ $124,110
Net Assets / Fund Balance
Total Net Assets Fund Balance$187,830,837$189,296,081▲ $1,465,244
Total Liabilities and Net Assets / Fund Balance$188,460,934$190,050,288▲ $1,589,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,265,729$3,503,082$5,768,811
Other Land Buildings$183,674$3,765,789$3,949,463
Land$688,040-$688,040
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James MeehanCEOFT$284,873$30,637$315,510
Linda BromleySVP/CAOFT$141,061$9,582$150,643
Joseph AikenVP/CLOFT$110,828$21,547$132,375
Malia DierkenVP/CFOFT$100,432$30,549$130,981

Board Members and Trustees

NameTitle
Blaise SedneyChairman
Charles WellingtonVice Chairman
Andrew O'ConnorDirector
Debra RettbergDirector
John CantlinDirector
Lawrence DukesDirector
Thorkild Paaby JrSecretary
Dean FisherTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservXP Systemssystem and mobile banking providerPO Box 745148, Atlanta, GA 30374-5148$377,204
Baker Donelsonlegal counsel100 Light Street, Baltimore, MD 21202$240,109
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,104,540
Investment Income
$508,979
Other Revenue
$0
Change in Net Assets
$304,560

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,613,519
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,613,519
Total Revenue per Form 990
$7,613,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,747,759
Salaries, Compensation, and Employee Benefits$3,561,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,376,148
Office Expenses---$1,079,527
Current Officers, Directors, Trustees, and Key Employees---$729,509
Occupancy---$435,700
Depreciation Depletion---$385,880
Interest---$278,731
Other Expenses---$222,083
Payroll Taxes---$221,235
Other Employee Benefits---$197,126
Advertising---$161,737
Fees for Services Other---$95,695
All Other Expenses---$84,985
Information Technology---$66,214
Insurance---$56,191
Fees for Services Accounting---$49,950
Pension Plan Contributions---$37,182
Travel---$29,473
Conferences and Meetings---$3,832
Total Functional Expenses$0$0$0$7,308,959

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,308,959
Total Expenses per Audited Statements$7,308,959
Total Expenses per Form 990$7,308,959
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$489,269$632,206▲ $142,937
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Credit Union has 15,971 members.”

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

“Credit Union members elect the Board of Directors.”

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

“The SVP, CFO, and the CEO will review Form 990 for accuracy. The Board Chairman reviews the final Form 990 on behalf of the Board.”

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

“The Credit Union regularly monitors and enforces compliance with the conflict of interest policy. The Board of Directors and the Supervisory Committee members are required to sign acknowledgement forms annually.”

Form 990, Part VI, Section B, line 15

“The process for determing the CEO's compensation is included in the CEO evaluation committee's annual review process. The CEO determines other officers' compensation annually based upon Board approved budget/guidelines. For all salary increases, the CEO discusses actual increases with the Board Chairman and the Vice President increases with the Senior Vice President.”

Form 990, Part VI, Section C, line 19

“The monthly financial statements are posted in the lobby of all Credit Union locations.”

Filing and Contact Details

Filer

Filer Name
HAR-CO Credit Union
EIN
52-0853115
Phone
4108389090
Address
30 N Hickory Avenue, Bel Air, MD 21014

Signing Officer

Name
James J Meehan
Title
President
Phone
4108389090
Signed
2017-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James J Meehan
Formed
1955
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
75
Volunteers
0

Preparer

Firm
Rowles & Company LLP
Address
8100 Sandpiper Cir Ste 308, Baltimore, MD 21236
Preparer
Joseph A Musumeci Jr
Phone
4437255395
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in investment valuation -51,532. Net increase in members' share balances 1,212,216.”

Form 990, Part XII, Line 2C:

“The supervisory committee is responsible for oversight of the audit of the financial statements and selection of the independent accountants.”

Raw XML AppendixShowing 400 of 493 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/OccupancyGrp/TotalAmt0435700
IRS990/OfficeExpensesGrp/TotalAmt01079527
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02788094
IRS990/OtherAssetsTotalGrp/EOYAmt03427892
IRS990/OtherChangesInNetAssetsAmt01160684
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0197126
IRS990/OtherExpensesGrp/Desc0Conversion Costs
IRS990/OtherExpensesGrp/Desc1Lending Expenses
IRS990/OtherExpensesGrp/Desc2Loan Loss Provision
IRS990/OtherExpensesGrp/Desc3ATM Expenses
IRS990/OtherExpensesGrp/TotalAmt0306691
IRS990/OtherExpensesGrp/TotalAmt1267370
IRS990/OtherExpensesGrp/TotalAmt2223700
IRS990/OtherExpensesGrp/TotalAmt3222083
IRS990/OtherSalariesAndWagesGrp/TotalAmt02376148
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0114450727
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0116784953
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0221235
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt037182
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0332990
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0385181
IRS990/PrincipalOfficerNm0James J Meehan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Share Account Service
IRS990/ProgramServiceRevenueGrp/Desc2Other Services
IRS990/ProgramServiceRevenueGrp/Desc3ATM Services
IRS990/ProgramServiceRevenueGrp/Desc4Credit Insurance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05308595
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1963549
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2616259
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3154802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt449357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05308595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1963549
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2616259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3166780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt449357
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt011978
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0411308
IRS990/PYOtherExpensesAmt03604698
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07216711
IRS990/PYRevenuesLessExpensesAmt0500228
IRS990/PYSalariesCompEmpBnftPaidAmt03523093
IRS990/PYTotalExpensesAmt07127791
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07628019
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0489269
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0632206
IRS990/ReconcilationRevenueExpnssAmt0304560
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017491862
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017744890
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010235268
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09045008
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02265729
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03503082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05768811
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07308959
IRS990ScheduleD/LandGrp/BookValueAmt0688040
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0688040
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0183674
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03765789
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03949463
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07613519
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03137443
IRS990ScheduleD/TotalExpensesPerForm990Amt07308959
IRS990ScheduleD/TotalRevenuePerForm990Amt07613519
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07613519
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07308959
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0284873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1141061
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt03000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt12155
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027637
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt17427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Meehan
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Linda Bromley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SVP/CAO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0315510
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1150643
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0210043
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1239969
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt211989
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt3170205
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0credit card, home equity, and mortgage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1home equity and mortgage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2credit card and vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3mortgage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0213544
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1379050
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt230105
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3195000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Andrew O'Connor
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Blaise Sedney
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Charles Wellington
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3James Meehan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Vice Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/TotalBalanceDueAmt0632206
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union has 15,971 members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Credit Union members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The SVP, CFO, and the CEO will review Form 990 for accuracy. The Board Chairman reviews the final Form 990 on behalf of the Board.

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$190,050,288
Liabilities
$754,207
Net assets
$189,296,081
Revenue
$7,613,519
Expenses
$7,308,959
Net income
$304,560
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$261$2.58$258$13.3$11.6$1.69
2023Detailed filing. Detailed filing data is available for this year.$248$3.08$245$11.9$9.67$2.22
2022Detailed filing. Detailed filing data is available for this year.$245$2.98$242$9.20$7.85$1.36
2021Detailed filing. Detailed filing data is available for this year.$239$0.87$238$7.32$7.22$0.10
2020Detailed filing. Detailed filing data is available for this year.$216$1.41$215$7.33$7.50$0.17
2019Detailed filing. Detailed filing data is available for this year.$189$1.20$188$8.38$8.27$0.11
2018Detailed filing. Detailed filing data is available for this year.$188$1.23$187$8.19$7.88$0.31
2017Detailed filing. Detailed filing data is available for this year.$188$0.81$187$7.77$7.18$0.58
2016Detailed filing. Detailed filing data is available for this year.$190$0.75$189$7.61$7.31$0.30
2015Detailed filing. Detailed filing data is available for this year.$188$0.63$188$7.63$7.13$0.50
2014Detailed filing. Detailed filing data is available for this year.$185$0.78$184$8.06$7.30$0.76
2013Detailed filing. Detailed filing data is available for this year.$185$1.48$184$8.03$7.78$0.25