Civic Intelligence

Blue Eagle Credit Union

990 • Fiscal year 2019 • EIN 54-0585044

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

Organization ProfileWWW.BLUEEAGLECREDITUNION.COM

View Organization Page

PO Box 12405Roanoke, VA 24025-2405

(540) 342-3429

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.89x

Higher debt load relative to assets than 53% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

12.26x

Higher debt load relative to revenue than 15% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

33rd percentile

9.2%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$272,250

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

69th percentile

6.1%

Faster asset growth than 69% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

79th percentile

13%

Faster revenue growth than 79% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$157,729,603

Up $9,130,585 (+6.1%) from 2018

Net Assets

Up

$17,518,547

Up $896,819 (+5.4%) from 2018

Liabilities

Up

$140,211,056

Up $8,233,766 (+6.2%) from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin33rd percentile

Revenue

Up

$11,439,049

Up $1,310,414 (+13%) from 2018

Expenses

Up

$10,384,529

Up $692,533 (+7.1%) from 2018

Net Income

Up

$1,054,520

Up $617,881 (+142%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth69th 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 2019: $157,729,603Liabilities 2019: $140,211,056Net Assets 2019: $17,518,5472019Assets 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

2019

Assets$157,729,603
Liabilities$140,211,056
Net Assets$17,518,547
Open 2019 Filing

Operations Trend

Revenue Growth79th 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 2019: $11,439,049Expenses 2019: $10,384,529Net Income 2019: $1,054,5202019Revenue 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

2019

Revenue$11,439,049
Expenses$10,384,529
Net Income$1,054,520
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 7, 2020
Return Version
2019v5.1
Gross Receipts
$11,439,049
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$110,311,910$118,299,756▲ $7,987,846
Investments Other Securities$21,410,367$21,906,449▲ $496,082
Rtn Earn Endowment Incm Other Fnds$16,621,728$17,518,547▲ $896,819
Land, Buildings, and Equipment, Net$3,594,223$3,575,189▼ $19,034
Accounts Receivable$2,737,232$2,781,021▲ $43,789
Cash and Non-Interest-Bearing Accounts$1,982,022$1,034,979▼ $947,043
Prepaid Expenses and Deferred Charges$119,376$210,169▲ $90,793
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$148,599,018$157,729,603▲ $9,130,585
Other Assets Total$8,443,888$9,922,040▲ $1,478,152
Liabilities
Other Liabilities$130,521,874$138,341,328▲ $7,819,454
Accounts Payable and Accrued Expenses$1,455,416$1,663,524▲ $208,108
Deferred Revenue$0$206,204▲ $206,204
Total Liabilities$131,977,290$140,211,056▲ $8,233,766
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,621,728$17,518,547▲ $896,819
Total Liabilities and Net Assets / Fund Balance$148,599,018$157,729,603▲ $9,130,585

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,678,296-$2,678,296
Equipment$858,144-$858,144
Leasehold Improvements$38,749-$38,749
Other Assets Org$9,586,158--
Other Securities$157,876--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey ThompsonCEOFT$264,245$8,005$272,250
William TawneyCFOFT$195,968$5,957$201,925

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,670,488
Investment Income
$608,833
Other Revenue
$159,728
Change in Net Assets
$1,054,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,209,413
Other Expenses$5,175,116
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,622,077
Other Employee Benefits---$1,113,161
All Other Expenses---$746,080
Other Expenses---$570,000
Depreciation Depletion---$484,880
Current Officers, Directors, Trustees, and Key Employees---$474,175
Fees for Services Other---$364,659
Occupancy---$153,267
Travel---$59,807
Conferences and Meetings---$37,827
Fees for Services Legal---$27,595
Fees for Services Accounting---$17,534
Total Functional Expenses$0$0$0$10,384,529
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$138,348,928
Unapplied Edp Items$-7,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 or a written whistleblower policy. The organization does have a written record retention policy.”

Filing and Contact Details

Filer

Filer Name
Blue Eagle Credit Union
EIN
54-0585044
Phone
5403423429
Address
PO BOX 12405, ROANOKE, VA 24025-2405

Signing Officer

Name
William Tawney
Title
CFO
Phone
5403423429
Signed
2020-05-07
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
87
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 -157,701.”

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 453 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/BOYAmt01455416
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01663524
IRS990/AccountsReceivableGrp/BOYAmt02737232
IRS990/AccountsReceivableGrp/EOYAmt02781021
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0'DELIVERING SOLUTIONS'
IRS990/AllOtherExpensesGrp/TotalAmt0746080
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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01982022
IRS990/CashNonInterestBearingGrp/EOYAmt01034979
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0474175
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt037827
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0608833
IRS990/CYOtherExpensesAmt05175116
IRS990/CYOtherRevenueAmt0159728
IRS990/CYProgramServiceRevenueAmt010670488
IRS990/CYRevenuesLessExpensesAmt01054520
IRS990/CYSalariesCompEmpBnftPaidAmt05209413
IRS990/CYTotalExpensesAmt010384529
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011439049
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0206204
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0484880
IRS990/Desc0BLUE EAGLE CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS SUCH AS SAVINGS ACCOUNTS AND LOANS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt087
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt017534
IRS990/FeesForServicesLegalGrp/TotalAmt027595
IRS990/FeesForServicesOtherGrp/TotalAmt0364659
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/OtherCompensationAmt98005
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt105957
IRS990/Form990PartVIISectionAGrp/PersonNm0CATHERINE CAUDILL
IRS990/Form990PartVIISectionAGrp/PersonNm1ERIC GUITERREZ
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/ReportableCompFromOrgAmt9264245
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10195968
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/SecuritiesAmt029452
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt029452
IRS990/GrossReceiptsAmt011439049
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0579381
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0579381
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt021410367
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt021906449
IRS990/IRPDocumentCnt03259
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03594223
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03575189
IRS990/LandBldgEquipCostOrOtherBssAmt03575189
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/NetAssetsOrFundBalancesBOYAmt016621728
IRS990/NetAssetsOrFundBalancesEOYAmt017518547
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt029452
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029452
IRS990/NetUnrelatedBusTxblIncmAmt0850
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0153267
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08443888
IRS990/OtherAssetsTotalGrp/EOYAmt09922040
IRS990/OtherChangesInNetAssetsAmt0-157701
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01113161
IRS990/OtherExpensesGrp/Desc0UBIT TAXES
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0-6207
IRS990/OtherExpensesGrp/TotalAmt11421904
IRS990/OtherExpensesGrp/TotalAmt21297770
IRS990/OtherExpensesGrp/TotalAmt3570000
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0130521874
IRS990/OtherLiabilitiesGrp/EOYAmt0138341328
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1NON-MEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/Desc2DATA PROCESSING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0133576
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0133576
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt117152
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt29000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt017152
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt19000
IRS990/OtherRevenueTotalAmt0159728
IRS990/OtherSalariesAndWagesGrp/TotalAmt03622077
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0110311910
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0118299756
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0119376
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0210169
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 INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07046666
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12868772
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2755050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07046666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12868772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2755050
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0442938
IRS990/PYOtherExpensesAmt05118026
IRS990/PYOtherRevenueAmt0216537
IRS990/PYProgramServiceRevenueAmt09469160
IRS990/PYRevenuesLessExpensesAmt0436639
IRS990/PYSalariesCompEmpBnftPaidAmt04573970
IRS990/PYTotalExpensesAmt09691996
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010128635
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01054520
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016621728
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017518547
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02678296
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02678296
IRS990ScheduleD/EquipmentGrp/BookValueAmt0858144
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0858144
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038749
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038749
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0335882
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19586158
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-7600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1138348928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAPPLIED EDP ITEMS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS' SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt011943000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19805573
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2157876
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CDS-OTHER FINANCIAL INSTITUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS- VIZO FCU
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03575189
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09922040
IRS990ScheduleD/TotalBookValueSecuritiesAmt021906449
IRS990ScheduleD/TotalLiabilityAmt0138341328
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0264245
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1195968
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/DeferredCompensationFlngOrgAmt08005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt15957
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEFFREY THOMPSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM TAWNEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0272250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1201925
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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 OR A WRITTEN WHISTLEBLOWER POLICY. THE ORGANIZATION DOES HAVE A WRITTEN RECORD RETENTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET CHANGE IN PENSION PLAN -157,701.
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0148599018
IRS990/TotalAssetsEOYAmt0157729603
IRS990/TotalAssetsGrp/BOYAmt0148599018
IRS990/TotalAssetsGrp/EOYAmt0157729603
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt087
IRS990/TotalFunctionalExpensesGrp/TotalAmt010384529
IRS990/TotalGrossUBIAmt026152
IRS990/TotalLiabilitiesBOYAmt0131977290
IRS990/TotalLiabilitiesEOYAmt0140211056
IRS990/TotalLiabilitiesGrp/BOYAmt0131977290
IRS990/TotalLiabilitiesGrp/EOYAmt0140211056
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016621728
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017518547
IRS990/TotalOtherCompensationAmt013962
IRS990/TotalProgramServiceRevenueAmt010670488
IRS990/TotalReportableCompFromOrgAmt0460213
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$157,729,603
Liabilities
$140,211,056
Net assets
$17,518,547
Revenue
$11,439,049
Expenses
$10,384,529
Net income
$1,054,520
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
2019Detailed filing. Detailed filing data is available for this year.$158$140$17.5$11.4$10.4$1.05
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
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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