Civic Intelligence

Blue Eagle Credit Union

990 • Fiscal year 2017 • EIN 54-0585044

Jan 01, 2017 to Dec 31, 2017 • Filed on May 07, 2018

Organization ProfileWWW.BLUEEAGLECREDITUNION.COM

View Organization Page

2121 Electric RoadRoanoke, VA 24018

(540) 342-3429

Siviq Scores

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

Liabilities / Assets

49th percentile

0.89x

Higher debt load relative to assets than 49% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

13.95x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Net Margin

19th percentile

5.0%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$189,382

Higher top officer pay than 39% of similar nonprofits.

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

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Asset Growth

49th percentile

3.8%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

11%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$151,353,793

Up $5,493,374 (+3.8%) from 2016

Net Assets

Down

$16,480,236

Down $17,987 (-0.1%) from 2016

Liabilities

Up

$134,873,557

Up $5,511,361 (+4.3%) from 2016

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin19th percentile

Revenue

Up

$9,666,616

Up $928,055 (+11%) from 2016

Expenses

Up

$9,185,926

Up $1,156,423 (+14%) from 2016

Net Income

Down

$480,690

Down $228,368 (-32%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$300M$200M$100M$0Assets 2014: $128,543,272Liabilities 2014: $113,510,128Net Assets 2014: $15,033,1442014Assets 2015: $137,909,873Liabilities 2015: $121,566,021Net Assets 2015: $16,343,8522015Assets 2016: $145,860,419Liabilities 2016: $129,362,196Net Assets 2016: $16,498,2232016Assets 2017: $151,353,793Liabilities 2017: $134,873,557Net Assets 2017: $16,480,2362017Assets 2018: $148,599,018Liabilities 2018: $131,977,290Net Assets 2018: $16,621,7282018Assets 2020: $185,748,201Liabilities 2020: $168,374,050Net Assets 2020: $17,374,1512020Assets 2021: $202,756,828Liabilities 2021: $182,657,917Net Assets 2021: $20,098,9112021Assets 2022: $210,817,855Liabilities 2022: $189,292,647Net Assets 2022: $21,525,2082022Assets 2024: $240,666,065Liabilities 2024: $212,589,077Net Assets 2024: $28,076,9882024

Highlighted filing

2017

Assets$151,353,793
Liabilities$134,873,557
Net Assets$16,480,236
Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

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

$20M$15M$10M$5.0M$0Revenue 2014: $7,110,412Expenses 2014: $5,810,922Net Income 2014: $1,299,4902014Revenue 2015: $7,785,102Expenses 2015: $6,629,717Net Income 2015: $1,155,3852015Revenue 2016: $8,738,561Expenses 2016: $8,029,503Net Income 2016: $709,0582016Revenue 2017: $9,666,616Expenses 2017: $9,185,926Net Income 2017: $480,6902017Revenue 2018: $10,128,635Expenses 2018: $9,691,996Net Income 2018: $436,6392018Revenue 2020: $11,531,825Expenses 2020: $10,714,629Net Income 2020: $817,1962020Revenue 2021: $12,633,152Expenses 2021: $10,723,444Net Income 2021: $1,909,7082021Revenue 2022: $14,015,517Expenses 2022: $11,772,569Net Income 2022: $2,242,9482022Revenue 2024: $19,187,958Expenses 2024: $16,287,773Net Income 2024: $2,900,1852024

Highlighted filing

2017

Revenue$9,666,616
Expenses$9,185,926
Net Income$480,690
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 7, 2018
Return Version
2017v2.2
Gross Receipts
$9,676,201
Mission and Program Overview

Mission

Blue eagle credit union has been committed to serving its members and their families in getting ahead financially since 1948. Blue eagle credit union is passionate about matching its members with the right solutions that present opportunity for long-term financial security.

'DELIVERING SOLUTIONS'

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$98,646,797$103,755,973▲ $5,109,176
Investments Other Securities$32,343,588$28,646,306▼ $3,697,282
Rtn Earn Endowment Incm Other Fnds$16,498,223$16,480,236▼ $17,987
Land, Buildings, and Equipment, Net$3,294,099$3,711,993▲ $417,894
Cash and Non-Interest-Bearing Accounts$1,600,120$2,218,214▲ $618,094
Accounts Receivable$2,215,841$2,026,509▼ $189,332
Prepaid Expenses and Deferred Charges$199,156$231,263▲ $32,107
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$145,860,419$151,353,793▲ $5,493,374
Other Assets Total$7,560,818$10,763,535▲ $3,202,717
Liabilities
Other Liabilities$128,227,953$133,666,152▲ $5,438,199
Accounts Payable and Accrued Expenses$1,049,856$1,185,305▲ $135,449
Deferred Revenue$84,387$22,100▼ $62,287
Total Liabilities$129,362,196$134,873,557▲ $5,511,361
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,498,223$16,480,236▼ $17,987
Total Liabilities and Net Assets / Fund Balance$145,860,419$151,353,793▲ $5,493,374

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,493,836-$2,493,836
Equipment$1,169,520-$1,169,520
Leasehold Improvements$48,637-$48,637
Other Assets Org$10,477,567--
Other Securities$163,960--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey ThompsonCEOFT$183,540$5,842$189,382
William TawneyCFOFT$133,550$3,976$137,526

Board Members and Trustees

NameTitle
Bonnie GilesDirector
Catherine CaudillDirector
Charlene YeagleyDirector
Cliff DemarsDirector
Janice GrayDirector
Paul EnglishDirector
Richard SmootDirector
Robert HartselDirector
William BoothDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,069,605
Investment Income
$405,454
Other Revenue
$191,557
Change in Net Assets
$480,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,040,748
Salaries, Compensation, and Employee Benefits$4,145,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,707,862
Other Employee Benefits---$1,110,408
All Other Expenses---$866,869
Other Expenses---$699,339
Depreciation Depletion---$456,459
Current Officers, Directors, Trustees, and Key Employees---$326,908
Fees for Services Other---$291,374
Occupancy---$144,990
Travel---$130,504
Fees for Services Legal---$47,116
Fees for Services Accounting---$15,900
Total Functional Expenses$0$0$0$9,185,926
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
MEMBERS' SHARE AND SAVINGS ACCOUNTS$129,688,923
Other Liabilities$3,900,000
Unapplied Edp Items$77,229
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“Board member janice gray and board member charlene yeagley are sisters.”

Form 990, Part VI, Section A, Line 6

“Blue eagle credit union is owned by the members and the members elect the board of directors, which is the governing body.”

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

“Members of the credit union elect the board of directors. Directors serve three year terms and meet once a month.”

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

“Members must approve mergers, liquidations and other items as defined in the state code.”

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

“The 990 tax return data will be made available to the board of directors at a monthly board meeting. The 990 will be prepared by a cpa firm and reviewed by credit union management prior to filing.”

Form 990, Part VI, Section B, Line 15

“Compensation for the ceo is determined by the board of directors. The board will review industry wage and compensation data to help in setting the ceo's compensation. Compensation for the cfo is determined by the ceo. The ceo reviews industry compensation data to aid in setting the compensation.”

Form 990, Part VI, Section C, Line 18

“Financial data is posted monthly in the lobby of the branches. Financial reports are made available at the annual meeting of members. Quarterly financial data is available via ncua's website.”

Form 990, Part VI, Section C, Line 19

“The organization does not have a written conflict of interest policy, a written document retention policy or a written whistleblower policy.”

Filing and Contact Details

Filer

Filer Name
Blue Eagle Credit Union
EIN
54-0585044
Phone
5403423429
Address
2121 ELECTRIC ROAD, ROANOKE, VA 24018

Signing Officer

Name
William Tawney
Title
CFO
Phone
5403423429
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Tawney
Formed
1948
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
86
Volunteers
16

Preparer

Firm
Brown Edwards & Company Llp
Address
2102 LANGHORNE ROAD SUITE 200, LYNCHBURG, VA 24501-1121
Preparer
Susan Ackley
Phone
4349489000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net change in pension plan -498,677.”

FORM 990, PART X, LINES 10A, 10B:

“Blue eagle credit union keeps depreciation schedules and reports fixed assets at net book value.”

Donated Facilities Space

“The credit union currently occupies space at the main post office in roanoke, va and the post office in lynchburg, va rent free.”

Raw XML AppendixShowing 400 of 440 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01049856
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01185305
IRS990/AccountsReceivableGrp/BOYAmt02215841
IRS990/AccountsReceivableGrp/EOYAmt02026509
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0'DELIVERING SOLUTIONS'
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/TotalAmt0866869
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05403423429
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 12405
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROANOKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0240252405
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01600120
IRS990/CashNonInterestBearingGrp/EOYAmt02218214
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0326908
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0405454
IRS990/CYOtherExpensesAmt05040748
IRS990/CYOtherRevenueAmt0191557
IRS990/CYProgramServiceRevenueAmt09069605
IRS990/CYRevenuesLessExpensesAmt0480690
IRS990/CYSalariesCompEmpBnftPaidAmt04145178
IRS990/CYTotalExpensesAmt09185926
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09666616
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt084387
IRS990/DeferredRevenueGrp/EOYAmt022100
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0456459
IRS990/Desc0BLUE EAGLE CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS SUCH AS SAVINGS ACCOUNTS AND LOANS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt086
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt09185926
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt015900
IRS990/FeesForServicesLegalGrp/TotalAmt047116
IRS990/FeesForServicesOtherGrp/TotalAmt0291374
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt95842
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt103976
IRS990/Form990PartVIISectionAGrp/PersonNm0CATHERINE CAUDILL
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM BOOTH
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL ENGLISH
IRS990/Form990PartVIISectionAGrp/PersonNm3BONNIE GILES
IRS990/Form990PartVIISectionAGrp/PersonNm4JANICE GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT HARTSEL
IRS990/Form990PartVIISectionAGrp/PersonNm6CLIFF DEMARS
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD SMOOT
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLENE YEAGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFFREY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM TAWNEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9183540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10133550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt07365
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt016950
IRS990/GrossReceiptsAmt09676201
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0398089
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0398089
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt032343588
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt028646306
IRS990/IRPDocumentCnt04304
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03294099
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03711993
IRS990/LandBldgEquipCostOrOtherBssAmt03711993
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09585
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BLUE EAGLE CREDIT UNION HAS BEEN COMMITTED TO SERVING ITS MEMBERS AND THEIR FAMILIES IN GETTING AHEAD FINANCIALLY SINCE 1948. BLUE EAGLE CREDIT UNION IS PASSIONATE ABOUT MATCHING ITS MEMBERS WITH THE RIGHT SOLUTIONS THAT PRESENT OPPORTUNITY FOR LONG-TERM FINANCIAL SECURITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016498223
IRS990/NetAssetsOrFundBalancesEOYAmt016480236
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt07365
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07365
IRS990/NetUnrelatedBusTxblIncmAmt028301
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0144990
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07560818
IRS990/OtherAssetsTotalGrp/EOYAmt010763535
IRS990/OtherChangesInNetAssetsAmt0-498677
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01110408
IRS990/OtherExpensesGrp/Desc0UBIT TAXES
IRS990/OtherExpensesGrp/Desc1OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/TotalAmt09964
IRS990/OtherExpensesGrp/TotalAmt11221233
IRS990/OtherExpensesGrp/TotalAmt21157000
IRS990/OtherExpensesGrp/TotalAmt3699339
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0128227953
IRS990/OtherLiabilitiesGrp/EOYAmt0133666152
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1DATA PROCESSING INCOME
IRS990/OtherRevenueMiscGrp/Desc2NON-MEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0129121
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0129121
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt147210
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt215226
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt047210
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt115226
IRS990/OtherRevenueTotalAmt0191557
IRS990/OtherSalariesAndWagesGrp/TotalAmt02707862
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt098646797
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0103755973
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0199156
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0231263
IRS990/PrincipalOfficerNm0WILLIAM TAWNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INSURANCE PRODUCT INCO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06282172
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12246956
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2540477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06282172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12246956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2540477
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0334303
IRS990/PYOtherExpensesAmt04314983
IRS990/PYOtherRevenueAmt0217232
IRS990/PYProgramServiceRevenueAmt08187026
IRS990/PYRevenuesLessExpensesAmt0709058
IRS990/PYSalariesCompEmpBnftPaidAmt03714520
IRS990/PYTotalExpensesAmt08029503
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08738561
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0480690
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09604180
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016498223
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016480236
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02493836
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02493836
IRS990ScheduleD/EquipmentGrp/BookValueAmt01169520
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01169520
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt048637
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0285968
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110477567
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt077229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129688923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23900000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAPPLIED EDP ITEMS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS' SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt018993000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19489346
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2163960
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CDS-OTHER FINANCIAL INSTITUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS-MID-ATLANTIC CORPORATE FCU
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03711993
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010763535
IRS990ScheduleD/TotalBookValueSecuritiesAmt028646306
IRS990ScheduleD/TotalLiabilityAmt0133666152
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0183540
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEFFREY THOMPSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0189382
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER JANICE GRAY AND BOARD MEMBER CHARLENE YEAGLEY ARE SISTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BLUE EAGLE CREDIT UNION IS OWNED BY THE MEMBERS AND THE MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH IS THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. DIRECTORS SERVE THREE YEAR TERMS AND MEET ONCE A MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS MUST APPROVE MERGERS, LIQUIDATIONS AND OTHER ITEMS AS DEFINED IN THE STATE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 TAX RETURN DATA WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS AT A MONTHLY BOARD MEETING. THE 990 WILL BE PREPARED BY A CPA FIRM AND REVIEWED BY CREDIT UNION MANAGEMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD WILL REVIEW INDUSTRY WAGE AND COMPENSATION DATA TO HELP IN SETTING THE CEO'S COMPENSATION. COMPENSATION FOR THE CFO IS DETERMINED BY THE CEO. THE CEO REVIEWS INDUSTRY COMPENSATION DATA TO AID IN SETTING THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL DATA IS POSTED MONTHLY IN THE LOBBY OF THE BRANCHES. FINANCIAL REPORTS ARE MADE AVAILABLE AT THE ANNUAL MEETING OF MEMBERS. QUARTERLY FINANCIAL DATA IS AVAILABLE VIA NCUA'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY, A WRITTEN DOCUMENT RETENTION POLICY OR A WRITTEN WHISTLEBLOWER POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET CHANGE IN PENSION PLAN -498,677.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BLUE EAGLE CREDIT UNION KEEPS DEPRECIATION SCHEDULES AND REPORTS FIXED ASSETS AT NET BOOK VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THE CREDIT UNION CURRENTLY OCCUPIES SPACE AT THE MAIN POST OFFICE IN ROANOKE, VA AND THE POST OFFICE IN LYNCHBURG, VA RENT FREE.
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART X, LINES 10A, 10B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10DONATED FACILITIES SPACE
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0145860419
IRS990/TotalAssetsEOYAmt0151353793
IRS990/TotalAssetsGrp/BOYAmt0145860419
IRS990/TotalAssetsGrp/EOYAmt0151353793
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt086
IRS990/TotalFunctionalExpensesGrp/TotalAmt09185926
IRS990/TotalGrossUBIAmt062436
IRS990/TotalLiabilitiesBOYAmt0129362196
IRS990/TotalLiabilitiesEOYAmt0134873557
IRS990/TotalLiabilitiesGrp/BOYAmt0129362196
IRS990/TotalLiabilitiesGrp/EOYAmt0134873557
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016498223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016480236
IRS990/TotalOtherCompensationAmt09818
IRS990/TotalProgramServiceExpensesAmt09185926
IRS990/TotalProgramServiceRevenueAmt09069605
IRS990/TotalReportableCompFromOrgAmt0317090
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09604180
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09666616
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt062436
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0145860419
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0151353793
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0130504
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/USAddress/AddressLine1Txt0P O BOX 12405
IRS990/USAddress/CityNm0ROANOKE
IRS990/USAddress/StateAbbreviationCd0VA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$151,353,793
Liabilities
$134,873,557
Net assets
$16,480,236
Revenue
$9,666,616
Expenses
$9,185,926
Net income
$480,690
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$241$213$28.1$19.2$16.3$2.90
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$211$189$21.5$14.0$11.8$2.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$203$183$20.1$12.6$10.7$1.91
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$186$168$17.4$11.5$10.7$0.82
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$132$16.6$10.1$9.69$0.44
2017Detailed filing. Detailed filing data is available for this year.$151$135$16.5$9.67$9.19$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$146$129$16.5$8.74$8.03$0.71
2015Detailed filing. Detailed filing data is available for this year.$138$122$16.3$7.79$6.63$1.16
2014Detailed filing. Detailed filing data is available for this year.$129$114$15.0$7.11$5.81$1.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)14 • $100M-$250M nonprofits