Civic Intelligence

Blue Eagle Credit Union

990 • Fiscal year 2022 • EIN 54-0585044

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 31, 2023

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

40th percentile

0.90x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

11th percentile

13.51x

Higher debt load relative to revenue than 11% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Net Margin

54th percentile

16%

Higher net margin than 54% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$365,030

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Asset Growth

65th percentile

4.0%

Faster asset growth than 65% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$210,817,855

Up $8,061,027 (+4.0%) from 2021

Net Assets

Up

$21,525,208

Up $1,426,297 (+7.1%) from 2021

Liabilities

Up

$189,292,647

Up $6,634,730 (+3.6%) from 2021

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin54th percentile

Revenue

Up

$14,015,517

Up $1,382,365 (+11%) from 2021

Expenses

Up

$11,772,569

Up $1,049,125 (+9.8%) from 2021

Net Income

Up

$2,242,948

Up $333,240 (+17%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2022

Assets$210,817,855
Liabilities$189,292,647
Net Assets$21,525,208
Open 2022 Filing

Operations Trend

Revenue Growth57th 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

2022

Revenue$14,015,517
Expenses$11,772,569
Net Income$2,242,948
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 31, 2023
Return Version
2022v5.0
Gross Receipts
$14,015,517
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$144,585,207$161,869,464▲ $17,284,257
Investments Other Securities$32,503,692$26,366,264▼ $6,137,428
Rtn Earn Endowment Incm Other Fnds$20,098,911$21,525,208▲ $1,426,297
Cash and Non-Interest-Bearing Accounts$6,281,632$4,198,195▼ $2,083,437
Land, Buildings, and Equipment, Net$3,599,767$3,489,906▼ $109,861
Accounts Receivable$3,266,830$2,949,594▼ $317,236
Prepaid Expenses and Deferred Charges$217,865$264,323▲ $46,458
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$202,756,828$210,817,855▲ $8,061,027
Other Assets Total$12,301,835$11,680,109▼ $621,726
Liabilities
Other Liabilities$180,967,180$186,950,011▲ $5,982,831
Accounts Payable and Accrued Expenses$1,593,035$2,299,185▲ $706,150
Deferred Revenue$97,702$43,451▼ $54,251
Total Liabilities$182,657,917$189,292,647▲ $6,634,730
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,098,911$21,525,208▲ $1,426,297
Total Liabilities and Net Assets / Fund Balance$202,756,828$210,817,855▲ $8,061,027

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,083,836$971,257$3,055,093
Equipment$433,283$2,611,337$3,044,620
Land$957,533-$957,533
Leasehold Improvements$15,254$113,894$129,148
Other Assets Org$11,249,252--
Other Securities$2,441,977--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey ThompsonCEOFT$341,544$23,486$365,030
Kevin AlfredCLOFT$199,181$14,110$213,291
William a ReynoldsCGOFT$119,072$14,908$133,980

Board Members and Trustees

NameTitle
Robert HartselChairman
Cliff DemarsVice Chairman
Eric GuiterrezVice Chairman
Bonnie GilesDirector
Charlene YeagleyDirector
Janice GrayDirector
Paul EnglishDirector
Richard SmootDirector
Catherine CaudillSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,317,389
Investment Income
$516,421
Other Revenue
$181,707
Change in Net Assets
$2,242,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,962,764
Other Expenses$5,809,805
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,148,209
Other Employee Benefits---$808,087
Other Expenses---$797,500
Current Officers, Directors, Trustees, and Key Employees---$659,797
Depreciation Depletion---$454,671
Fees for Services Other---$397,709
Payroll Taxes---$346,671
All Other Expenses---$233,511
Occupancy---$211,734
Advertising---$158,867
Travel---$57,867
Conferences and Meetings---$34,603
Fees for Services Legal---$5,070
Fees for Services Accounting---$1,375
Total Functional Expenses$0$0$0$11,772,569
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$186,905,211
Unapplied Edp Items$44,800
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
2121 ELECTRIC ROAD, ROANOKE, VA 24018

Signing Officer

Name
Jeffrey Thompson
Title
CEO
Phone
5408553629
Signed
2023-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Thompson
Formed
1948
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
81
Volunteers
9

Preparer

Firm
Brown Edwards & Company Llp
Address
828 MAIN STREET SUITE 1401, LYNCHBURG, VA 24504
Preparer
Patrick Pittman
Phone
4349489000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net change in pension plan -795,033.”

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 469 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/BOYAmt01593035
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02299185
IRS990/AccountsReceivableGrp/BOYAmt03266830
IRS990/AccountsReceivableGrp/EOYAmt02949594
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0'DELIVERING SOLUTIONS'
IRS990/AdvertisingGrp/TotalAmt0158867
IRS990/AllOtherExpensesGrp/TotalAmt0233511
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/BOYAmt06281632
IRS990/CashNonInterestBearingGrp/EOYAmt04198195
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0659797
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt034603
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0516421
IRS990/CYOtherExpensesAmt05809805
IRS990/CYOtherRevenueAmt0181707
IRS990/CYProgramServiceRevenueAmt013317389
IRS990/CYRevenuesLessExpensesAmt02242948
IRS990/CYSalariesCompEmpBnftPaidAmt05962764
IRS990/CYTotalExpensesAmt011772569
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014015517
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt097702
IRS990/DeferredRevenueGrp/EOYAmt043451
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0454671
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/EmployeeCnt081
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt01375
IRS990/FeesForServicesLegalGrp/TotalAmt05070
IRS990/FeesForServicesOtherGrp/TotalAmt0397709
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt1140.00
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/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt923486
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1114908
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/PersonNm10KEVIN ALFRED
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM A REYNOLDS
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/ReportableCompFromOrgAmt9341544
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10199181
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11119072
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CGO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt076
IRS990/GainOrLossGrp/SecuritiesAmt0166603
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt076
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0166603
IRS990/GrossReceiptsAmt014015517
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0349742
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0349742
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt032503692
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt026366264
IRS990/IRPDocumentCnt03197
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03696488
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03599767
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03489906
IRS990/LandBldgEquipCostOrOtherBssAmt07186394
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
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/NetAssetsOrFundBalancesBOYAmt020098911
IRS990/NetAssetsOrFundBalancesEOYAmt021525208
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0166679
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0166679
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21618
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0211734
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012301835
IRS990/OtherAssetsTotalGrp/EOYAmt011680109
IRS990/OtherChangesInNetAssetsAmt0-795033
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0808087
IRS990/OtherExpensesGrp/Desc0OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt01800896
IRS990/OtherExpensesGrp/TotalAmt1829896
IRS990/OtherExpensesGrp/TotalAmt2826106
IRS990/OtherExpensesGrp/TotalAmt3797500
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0180967180
IRS990/OtherLiabilitiesGrp/EOYAmt0186950011
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1NON-MEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0151271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0151271
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt130436
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt030436
IRS990/OtherRevenueTotalAmt0181707
IRS990/OtherSalariesAndWagesGrp/TotalAmt04148209
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0144585207
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0161869464
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0346671
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0217865
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0264323
IRS990/PrincipalOfficerNm0JEFFREY THOMPSON
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/RelatedOrExemptFuncIncomeAmt08752277
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13490487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21074625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08752277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13490487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21074625
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0359759
IRS990/PYOtherExpensesAmt05018690
IRS990/PYOtherRevenueAmt0148295
IRS990/PYProgramServiceRevenueAmt012125098
IRS990/PYRevenuesLessExpensesAmt01909708
IRS990/PYSalariesCompEmpBnftPaidAmt05704754
IRS990/PYTotalExpensesAmt010723444
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012633152
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02242948
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020098911
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt021525208
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02083836
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0971257
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03055093
IRS990ScheduleD/EquipmentGrp/BookValueAmt0433283
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02611337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03044620
IRS990ScheduleD/LandGrp/BookValueAmt0957533
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0957533
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015254
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0113894
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0129148
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0430857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111249252
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1186905211
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAPPLIED EDP ITEMS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS' SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05972000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt117826811
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2125476
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32441977
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CDS-OTHER FINANCIAL INSTITUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS- VIZO FCU
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3DEBT SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03489906
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011680109
IRS990ScheduleD/TotalBookValueSecuritiesAmt026366264
IRS990ScheduleD/TotalLiabilityAmt0186950011
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0341544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1199181
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/DeferredCompensationFlngOrgAmt023486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt114110
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/PersonNm1KEVIN ALFRED
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0365030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1213291
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 -795,033.
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/TotalAssetsBOYAmt0202756828

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$210,817,855
Liabilities
$189,292,647
Net assets
$21,525,208
Revenue
$14,015,517
Expenses
$11,772,569
Net income
$2,242,948
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
2022Detailed filing. Detailed filing data is available for this year.$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
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