Civic Intelligence

Beacon Credit Union Inc

990 • Fiscal year 2010 • EIN 54-0606388

Jan 01, 2010 to Dec 31, 2010 • Filed on Mar 25, 2011

Organization Profilewww.mybcu.org

View Organization Page

6320 Logans Lane24502
Siviq Scores

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

Liabilities / Assets

68th percentile

0.91x

Higher debt load relative to assets than 68% of similar nonprofits.

2010 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets68th percentile

Assets

$76,891,864

No earlier filing loaded for comparison.

Net Assets

$7,288,541

No earlier filing loaded for comparison.

Liabilities

$69,603,323

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$5,890,710

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400M$300M$200M$100M$0Assets 2010: $76,891,864Liabilities 2010: $69,603,323Net Assets 2010: $7,288,5412010Assets 2011: $84,616,968Liabilities 2011: $76,468,405Net Assets 2011: $8,148,5632011Assets 2012: $92,451,122Liabilities 2012: $83,179,390Net Assets 2012: $9,271,7322012Assets 2013: $111,971,785Liabilities 2013: $99,899,463Net Assets 2013: $12,072,3222013Assets 2014: $135,352,336Liabilities 2014: $122,572,679Net Assets 2014: $12,779,6572014Assets 2015: $154,404,417Liabilities 2015: $140,596,036Net Assets 2015: $13,808,3812015Assets 2016: $159,069,342Liabilities 2016: $145,180,399Net Assets 2016: $13,888,9432016Assets 2017: $177,294,477Liabilities 2017: $158,265,724Net Assets 2017: $19,028,7532017Assets 2018: $185,540,076Liabilities 2018: $165,935,850Net Assets 2018: $19,604,2262018Assets 2019: $211,107,402Liabilities 2019: $190,697,381Net Assets 2019: $20,410,0212019Assets 2020: $227,358,861Liabilities 2020: $205,079,964Net Assets 2020: $22,278,8972020Assets 2021: $245,953,598Liabilities 2021: $220,579,972Net Assets 2021: $25,373,6262021Assets 2022: $289,405,166Liabilities 2022: $260,434,689Net Assets 2022: $28,970,4772022Assets 2023: $303,466,627Liabilities 2023: $270,955,941Net Assets 2023: $32,510,6862023Assets 2024: $332,485,880Liabilities 2024: $297,273,091Net Assets 2024: $35,212,7892024

Highlighted filing

2010

Assets$76,891,864
Liabilities$69,603,323
Net Assets$7,288,541
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0Expenses 2010: $5,890,7102010Expenses 2011: $6,056,3482011Expenses 2012: $6,491,1052012Revenue 2013: $8,155,623Expenses 2013: $7,126,319Net Income 2013: $1,029,3042013Revenue 2014: $9,965,785Expenses 2014: $9,258,100Net Income 2014: $707,6852014Revenue 2015: $12,170,317Expenses 2015: $11,205,378Net Income 2015: $964,9392015Revenue 2016: $12,730,043Expenses 2016: $12,649,481Net Income 2016: $80,5622016Revenue 2017: $12,051,344Expenses 2017: $11,253,352Net Income 2017: $797,9922017Revenue 2018: $12,433,633Expenses 2018: $11,531,565Net Income 2018: $902,0682018Revenue 2019: $13,730,683Expenses 2019: $12,924,888Net Income 2019: $805,7952019Revenue 2020: $13,991,814Expenses 2020: $12,342,738Net Income 2020: $1,649,0762020Revenue 2021: $14,508,357Expenses 2021: $11,413,628Net Income 2021: $3,094,7292021Revenue 2022: $16,479,530Expenses 2022: $12,882,679Net Income 2022: $3,596,8512022Revenue 2023: $20,946,735Expenses 2023: $16,906,526Net Income 2023: $4,040,2092023Revenue 2024: $24,198,465Expenses 2024: $21,496,362Net Income 2024: $2,702,1032024

Highlighted filing

2010

Revenue-
Expenses$5,890,710
Net Income-
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Mar 25, 2011
Return Version
2010v3.2
Gross Receipts
$6,421,547
Mission and Program Overview

Mission

The mission of BCU is to serve its members with loan and deposit products that meet their financial needs and help achieve their financial goals.

Filing and Contact Details

Filer

EIN
54-0606388
Raw XML AppendixShowing 400 of 438 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview0true
IRS990/AccountsPayableAccruedExpenses/BOY0118920
IRS990/AccountsPayableAccruedExpenses/EOY0252634
IRS990/AccountsReceivable/BOY027099
IRS990/AccountsReceivable/EOY028154
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0THE MISSION OF BCU IS TO SERVE ITS MEMBERS WITH LOAN AND DEPOSIT PRODUCTS THAT FIT THEIR FINANCIAL NEEDS AND HELP ACHIEVE THEIR FINANCIAL GOALS.
IRS990/AddressPrincipalOfficerUS/AddressLine106320 LOGANS LANE
IRS990/AddressPrincipalOfficerUS/City0LYNCHBURG
IRS990/AddressPrincipalOfficerUS/State0VA
IRS990/AddressPrincipalOfficerUS/ZIPCode024502
IRS990/Advertising/Total0211503
IRS990/AllAffiliatesIncluded0true
IRS990/AllOtherExpenses/Total0236137
IRS990/AnnualDisclosureCoveredPersons0true
IRS990/AuditCommittee0true
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0true
IRS990/BsnssRltnshpWithOrganization0true
IRS990/CashNonInterestBearing/BOY04891487
IRS990/CashNonInterestBearing/EOY02714635
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/Total0430404
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0true
IRS990/CompensationProcessOther0true
IRS990/ComplianceWithBackupWitholding0true
IRS990/ConferencesMeetings/Total09106
IRS990/ConflictOfInterestPolicy0true
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear00
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0true
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/Total0175632
IRS990/DescribedIn501C30false
IRS990/Description0PROVIDED LOW COST DEPOSIT AND LOAN SERVICES TO OUR MEMBERSHIP. GAVE TWO COLLEGE SCHOLARSHIPS TO THE MEMBERSHIP. RAISED MONIES FOR CHILDREN'S MIRACLE NETWORK.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0true
IRS990/DoingBusinessAs/BusinessNameLine10BEACON CREDIT UNION
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0true
IRS990/EmploymentTaxReturnsFiled0true
IRS990/EscrowAccount0false
IRS990/ExcessBenefitTransaction0false
IRS990/Expense05890710
IRS990/FamilyOrBusinessRelationship0true
IRS990/FederalGrantAuditPerformed0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/Total011316
IRS990/FinancialStatementConsolidated0X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form720Filed0false
IRS990/Form8282PropertyDisposedOf0false
IRS990/Form8886TFiled0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek045
IRS990/Form990PartVIISectionA/AverageHoursPerWeek140
IRS990/Form990PartVIISectionA/AverageHoursPerWeek240
IRS990/Form990PartVIISectionA/AverageHoursPerWeek340
IRS990/Form990PartVIISectionA/AverageHoursPerWeek440
IRS990/Form990PartVIISectionA/AverageHoursPerWeek540
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91
IRS990/Form990PartVIISectionA/AverageHoursPerWeek101
IRS990/Form990PartVIISectionA/AverageHoursPerWeek111
IRS990/Form990PartVIISectionA/AverageHoursPerWeek121
IRS990/Form990PartVIISectionA/AverageHoursPerWeek131
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/NamePerson0GREG MCCONVILLE CEO
IRS990/Form990PartVIISectionA/NamePerson1TERRY HAMMOND JR VP--FINANCE
IRS990/Form990PartVIISectionA/NamePerson2VICKI SMITH VP HUMAN RESOURCES
IRS990/Form990PartVIISectionA/NamePerson3JOE GOUDE VP--RETAIL SERVICES
IRS990/Form990PartVIISectionA/NamePerson4SUSAN KRANTZ VP--OPERATIONS
IRS990/Form990PartVIISectionA/NamePerson5SCOTT HUDSON VP--MARKETING
IRS990/Form990PartVIISectionA/NamePerson6KELLY KURTZ--COB
IRS990/Form990PartVIISectionA/NamePerson7LEVI MORRIS-VICE CHAIRMAN
IRS990/Form990PartVIISectionA/NamePerson8WESLEY GORDON--TREASURER
IRS990/Form990PartVIISectionA/NamePerson9NANCY COMPTON SECRETARY
IRS990/Form990PartVIISectionA/NamePerson10SANDRA WILLIAMS DIRECTOR
IRS990/Form990PartVIISectionA/NamePerson11DAVE WEEKS DIRECTOR
IRS990/Form990PartVIISectionA/NamePerson12DAVE RANGER DIRECTOR
IRS990/Form990PartVIISectionA/NamePerson13WENDY AYERS DIRECTOR
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/OtherCompensation019941
IRS990/Form990PartVIISectionA/OtherCompensation114315
IRS990/Form990PartVIISectionA/OtherCompensation28434
IRS990/Form990PartVIISectionA/OtherCompensation36342
IRS990/Form990PartVIISectionA/OtherCompensation47313
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/OtherCompensation120
IRS990/Form990PartVIISectionA/OtherCompensation130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization0114648
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization163404
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization283346
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization372186
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization458236
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization552310
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/Title0CEO
IRS990/Form990PartVIISectionA/Title1VP--FINANCE
IRS990/Form990PartVIISectionA/Title2VP HUMAN RESOURCES
IRS990/Form990PartVIISectionA/Title3VP--RETAIL SERVICES
IRS990/Form990PartVIISectionA/Title4VP OPERATIONS
IRS990/Form990PartVIISectionA/Title5VP--MARKETING
IRS990/Form990PartVIISectionA/Title6CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionA/Title7VICE-CHAIRMAN
IRS990/Form990PartVIISectionA/Title8TREASURER
IRS990/Form990PartVIISectionA/Title9SECRETARY
IRS990/Form990PartVIISectionA/Title10DIRECTOR
IRS990/Form990PartVIISectionA/Title11DIRECTOR
IRS990/Form990PartVIISectionA/Title12DIRECTOR
IRS990/Form990PartVIISectionA/Title13DIRECTOR
IRS990/Form990ProvidedToGoverningBody0true
IRS990/Form990-TFiled0true
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts06421547
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/Total0163326
IRS990/Insurance/Total020032
IRS990/Interest/Total01376
IRS990/InvestmentIncomeCurrentYear0283853
IRS990/InvestmentIncomePriorYear0237847
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome0283853
IRS990/InvestmentIncome/TotalRevenueColumn0283853
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/BOY07799000
IRS990/InvestmentsOtherSecurities/EOY05522000
IRS990/InvestTaxExemptBonds0false
IRS990/LandBldgEquipmentAccumDeprec01628489
IRS990/LandBuildingsEquipmentBasis04498603
IRS990/LandBuildingsEquipmentBasisNet/BOY02595346
IRS990/LandBuildingsEquipmentBasisNet/EOY02870114
IRS990/LoanToOfficerOrDQP0true
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0true
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0THE MISSION OF BEACON CU IS TO SERVE ITS MEMBERS WITH LOAN AND DEPOSIT PRODUCTS THAT FIT THEIR FINANCIAL NEES AND HELP THEM ACHIEVE THEIR FINANCIAL GOALS.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0GREG MCCONVILLE
IRS990/NbrIndependentVotingMembers08
IRS990/NbrVotingGoverningBodyMembers08
IRS990/NbrVotingMembersGoverningBody08
IRS990/NetAssetsOrFundBalancesBOY06745030
IRS990/NetAssetsOrFundBalancesEOY07288541
IRS990/NetUnrelatedBusinessTxblIncome0-4196
IRS990/NonDeductibleContributions0false
IRS990/NonDeductibleDisclosure0false
IRS990/NumberFormsTransmittedWith1096020045
IRS990/NumberIndependentVotingMembers08
IRS990/NumberOfEmployees060
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0151884
IRS990/OfficeExpenses/Total0424331
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY01633501
IRS990/OtherAssetsTotal/EOY01586284
IRS990/OtherEmployeeBenefits/Total0479249
IRS990/OtherExpensePriorYear03599400
IRS990/OtherExpensesCurrentYear03514042
IRS990/OtherExpenses/Description0BAD DEBT EXPENSE
IRS990/OtherExpenses/Description1ATM AND DEBIT CARD EXPENSE
IRS990/OtherExpenses/Description2VISA EXPENSE
IRS990/OtherExpenses/Description3LOAN SERVCING EXPENSE
IRS990/OtherExpenses/Description4INTEREST EXPENSE
IRS990/OtherExpenses/Total0658000
IRS990/OtherExpenses/Total1355009
IRS990/OtherExpenses/Total2100886
IRS990/OtherExpenses/Total3498035
IRS990/OtherExpenses/Total4497469
IRS990/OtherLiabilities/BOY060878918
IRS990/OtherLiabilities/EOY069350689
IRS990/OtherNotesLoansReceivableNet/BOY048942592
IRS990/OtherNotesLoansReceivableNet/EOY057681827
IRS990/OtherRevenueCurrentYear06137694
IRS990/OtherRevenueMisc/BusinessCode0522291
IRS990/OtherRevenueMisc/BusinessCode1522130
IRS990/OtherRevenueMisc/BusinessCode2522130
IRS990/OtherRevenueMisc/Description0LOAN INCOME
IRS990/OtherRevenueMisc/Description1FEE INCOME
IRS990/OtherRevenueMisc/Description2MISCELLANEOUS OPERATING INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome01478973
IRS990/OtherRevenueMisc/TotalRevenueColumn04346621
IRS990/OtherRevenueMisc/TotalRevenueColumn11499819
IRS990/OtherRevenueMisc/TotalRevenueColumn2291254
IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue020846
IRS990/OtherRevenuePriorYear04868239
IRS990/OtherSalariesAndWages/Total01290320
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/Total0131783
IRS990/PensionPlanContributions/Total044912
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY0614668
IRS990/PrepaidExpensesDeferredCharges/EOY0721388
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY00
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/QuidProQuoDisclosure0false
IRS990/ReceivablesFromOfficersEtc/BOY0142421
IRS990/ReceivablesFromOfficersEtc/EOY0114990
IRS990/ReconcilationOtherChanges012674
IRS990/ReconcilationRevenueExpenses0530837
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0true
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RetainedEarningsEndowmentEtc/BOY06745030
IRS990/RetainedEarningsEndowmentEtc/EOY07288541
IRS990/Revenue06421547
IRS990/RevenuesLessExpensesCY0530837
IRS990/RevenuesLessExpensesPriorYear0-294390
IRS990/SalariesEtcCurrentYear02376668
IRS990/SalariesEtcPriorYear01801076
IRS990/SavingsAndTempCashInvestments/BOY01096754
IRS990/SavingsAndTempCashInvestments/EOY05652472
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Buildings/BookValue01558453
IRS990ScheduleD/Buildings/Depreciation0381593
IRS990ScheduleD/Buildings/InvestmentCostOrOtherBasis01940046
IRS990ScheduleD/Equipment/BookValue0325429
IRS990ScheduleD/Equipment/Depreciation01246896
IRS990ScheduleD/Equipment/InvestmentCostOrOtherBasis01572325
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0NANCY COMPTON IS A DIRECTOR. JIMMY COMPTON SERVES ON THE SUPERVISORY COMMITTEE. NANCY AND JIMMY ARE HUSBAND AND WIFE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. A COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS BEFORE IT WAS FILED WITH THE IRS. THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS WITH COMPARABILITY DATE. OFFICERS' COMPENSATION IS DETERMINED BY THE CEO WITHIN THE PARAMETERS SET BY THE BOARD. PARAMETERS ARE DETERMINED WITH COMPARABILITY DATE. A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALLY BY THE DIRECTORS THAT WOULD DISCLOSE CONFLICTS OF INTEREST.
IRS990ScheduleD/Land/BookValue0986232
IRS990ScheduleD/Land/InvestmentCostOrOtherBasis0986232
IRS990ScheduleD/OtherAssets/BookValue0222322
IRS990ScheduleD/OtherAssets/BookValue1190693
IRS990ScheduleD/OtherAssets/BookValue218762
IRS990ScheduleD/OtherAssets/BookValue3649210
IRS990ScheduleD/OtherAssets/BookValue4215300
IRS990ScheduleD/OtherAssets/BookValue525078
IRS990ScheduleD/OtherAssets/BookValue6263535
IRS990ScheduleD/OtherAssets/BookValue71382
IRS990ScheduleD/OtherAssets/Description0CORPORATE MEMBERSHIP SHARES
IRS990ScheduleD/OtherAssets/Description1SERVICE CENTER INVESTMENT
IRS990ScheduleD/OtherAssets/Description2CU-24 INVESTMENT
IRS990ScheduleD/OtherAssets/Description3NCUSIF DEPOSIT
IRS990ScheduleD/OtherAssets/Description4ACCRUED INTEREST RECEIVABLE ON LOANS
IRS990ScheduleD/OtherAssets/Description5ACCRUED INTEREST RECEIVABLE ON INVESTMENTS
IRS990ScheduleD/OtherAssets/Description6DEFERRED COMPENSATION PLANS
IRS990ScheduleD/OtherAssets/Description7RETURNED CHECKS
IRS990ScheduleD/OtherLiabilities/Amount069350689
IRS990ScheduleD/OtherLiabilities/Description0DEPOSIT ACCOUNTS
IRS990ScheduleD/OtherSecurities/BookValue05522000
IRS990ScheduleD/OtherSecurities/Description0FINANCIAL INSTITUTION CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecurities/MethodOfValuation0C
IRS990ScheduleD/TotalBookValueOtherAssets01586282
IRS990ScheduleD/TotalOfAmounts069350689
IRS990ScheduleD/TotalOfBookValueLandBuildings02870114
IRS990ScheduleD/TotalOfBookValueSecurities05522000
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0110822
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg03826
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg0121576
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg05625
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0GREG MCCONVILLE
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg014316
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0128964
IRS990/ScheduleJRequired0false
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction032453
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0HOME EQUITY LOAN
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson0PAUL D SMITH
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0PAUL IS THE HUSBAND OF VICKIE SMITH
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues0false
IRS990ScheduleL/LoanTable/ApprovedByBoard0true
IRS990ScheduleL/LoanTable/ApprovedByBoard1true
IRS990ScheduleL/LoanTable/BalanceDue055585
IRS990ScheduleL/LoanTable/BalanceDue120866
IRS990ScheduleL/LoanTable/Default0false
IRS990ScheduleL/LoanTable/Default1false
IRS990ScheduleL/LoanTable/LoanFromOrganization0X
IRS990ScheduleL/LoanTable/LoanFromOrganization1X
IRS990ScheduleL/LoanTable/NamePerson0GREG MCCONVILLE
IRS990ScheduleL/LoanTable/NamePerson1JOSEPH GOUDE
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount055585
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount120866
IRS990ScheduleL/LoanTable/PurposeOfLoan0AUTO PURCHASE AND HOME IMPROVEMENT (HOME EQUITY LOAN)
IRS990ScheduleL/LoanTable/PurposeOfLoan1USED AUTO PURCHASE
IRS990ScheduleL/LoanTable/WrittenAgreement0true
IRS990ScheduleL/LoanTable/WrittenAgreement1true
IRS990ScheduleO/GeneralExplanation/Explanation0PART X--THERE WAS A POSITIVE CHANGE OF 12674 IN OTHER COMPREHENSIVE INCOME. PART VI--A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT WAS FILED. PART VI--FINANCIAL STATEMENTS ARE AVAILABLE AT NCUA.GOV IN THE CALL REPORT. A BALANCE SHEET IS POSTED AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. JIMMY AND NANCY COMPTON ARE HUSBAND AND WIFE. JIMMY SERVES ON THE SUPERVISORY COMMITTEE NANCY IS A DIRECTOR.
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0VA
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine106320 LOGANS LANE
IRS990/TheBooksAreInCareOf/AddressUS/City0LYNCHBURG
IRS990/TheBooksAreInCareOf/AddressUS/State0VA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode024502
IRS990/TheBooksAreInCareOf/NamePerson0TERRY HAMMOND
IRS990/TheBooksAreInCareOf/TelephoneNumber04344551138
IRS990/TotalAssets/BOY067742868
IRS990/TotalAssetsBOY067742868
IRS990/TotalAssets/EOY076891864
IRS990/TotalAssetsEOY076891864
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear05890710
IRS990/TotalExpensesPriorYear05400476
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral00
IRS990/TotalFunctionalExpenses/ProgramServices00
IRS990/TotalFunctionalExpenses/Total05890710
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI020846
IRS990/TotalLiabilities/BOY060997838
IRS990/TotalLiabilitiesBOY060997838
IRS990/TotalLiabilities/EOY069603323
IRS990/TotalLiabilitiesEOY069603323
IRS990/TotalLiabNetAssetsFundBalances/BOY067742868
IRS990/TotalLiabNetAssetsFundBalances/EOY076891864
IRS990/TotalNbrEmployees060
IRS990/TotalNbrVolunteers012
IRS990/TotalNetAssetsFundBalances/BOY06745030
IRS990/TotalNetAssetsFundBalances/EOY07288541

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$76,891,864
Liabilities
$69,603,323
Net assets
$7,288,541
Revenue
-
Expenses
$5,890,710
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$332$297$35.2$24.2$21.5$2.70
2023Detailed filing. Detailed filing data is available for this year.$303$271$32.5$20.9$16.9$4.04
2022Detailed filing. Detailed filing data is available for this year.$289$260$29.0$16.5$12.9$3.60
2021Detailed filing. Detailed filing data is available for this year.$246$221$25.4$14.5$11.4$3.09
2020Detailed filing. Detailed filing data is available for this year.$227$205$22.3$14.0$12.3$1.65
2019Detailed filing. Detailed filing data is available for this year.$211$191$20.4$13.7$12.9$0.81
2018Detailed filing. Detailed filing data is available for this year.$186$166$19.6$12.4$11.5$0.90
2017Detailed filing. Detailed filing data is available for this year.$177$158$19.0$12.1$11.3$0.80
2016Detailed filing. Detailed filing data is available for this year.$159$145$13.9$12.7$12.6$0.08
2015Detailed filing. Detailed filing data is available for this year.$154$141$13.8$12.2$11.2$0.96
2014Detailed filing. Detailed filing data is available for this year.$135$123$12.8$9.97$9.26$0.71
2013Detailed filing. Detailed filing data is available for this year.$112$99.9$12.1$8.16$7.13$1.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.5$83.2$9.27$6.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.6$76.5$8.15$6.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.9$69.6$7.29$5.89