Civic Intelligence

Beacon Credit Union Inc

990 • Fiscal year 2014 • EIN 54-0606388

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 07, 2015

107 Leroy Bowen DriveLynchburg, VA 24502

(434) 237-1566

Siviq Scores

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

Liabilities / Assets

67th percentile

0.91x

Higher debt load relative to assets than 67% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

11th percentile

12.30x

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

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

30th percentile

7.1%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$197,548

Higher top officer pay than 51% of similar nonprofits.

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

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

97th percentile

21%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

22%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Assets

Up

$135,352,336

Up $23,380,551 (+21%) from 2013

Net Assets

Up

$12,779,657

Up $707,335 (+5.9%) from 2013

Liabilities

Up

$122,572,679

Up $22,673,216 (+23%) from 2013

Revenue

Up

$9,965,785

Up $1,810,162 (+22%) from 2013

Expenses

Up

$9,258,100

Up $2,131,781 (+30%) from 2013

Net Income

Down

$707,685

Down $321,619 (-31%) from 2013

Historical Trend

Balance Sheet Trend

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

2014

Assets$135,352,336
Liabilities$122,572,679
Net Assets$12,779,657

Operations Trend

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

2014

Revenue$9,965,785
Expenses$9,258,100
Net Income$707,685
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 7, 2015
Return Version
2014v5.0
Gross Receipts
$9,965,435
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$87,344,410$116,321,566▲ $28,977,156
Rtn Earn Endowment Incm Other Fnds$12,072,322$12,779,657▲ $707,335
Savings and Temporary Cash Investments$10,232,078--
Cash and Non-Interest-Bearing Accounts$2,932,832$8,346,162▲ $5,413,330
Land, Buildings, and Equipment, Net$5,354,810$5,677,876▲ $323,066
Investments Other Securities$2,826,020--
Prepaid Expenses and Deferred Charges$1,395,564$2,445,630▲ $1,050,066
Receivables From Officers Etc$420,251$439,314▲ $19,063
Accounts Receivable$54,008$48,283▼ $5,725
Total Assets$111,971,785$135,352,336▲ $23,380,551
Other Assets Total$1,411,812$2,073,505▲ $661,693
Liabilities
Other Liabilities$99,744,435$121,184,553▲ $21,440,118
Accounts Payable and Accrued Expenses$155,028$1,388,126▲ $1,233,098
Total Liabilities$99,899,463$122,572,679▲ $22,673,216
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,072,322$12,779,657▲ $707,335
Total Liabilities and Net Assets / Fund Balance$111,971,785$135,352,336▲ $23,380,551

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,031,804$681,977-
Land$1,809,786--
Equipment$836,286$2,008,507-
Other Assets Org$545,715--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg McconvilleCEOFT$176,382$21,166$197,548
Greg Mcconville--$152,244$45,304$197,548
Terry HammondCFOFT$91,201$21,000$112,201
Joe GoudeSenior VP of RetailFT$96,958$11,635$108,593
Vickie SmithVP PersonnelFT$84,000$16,000$100,000
Susan KrantzVP of OperationsFT$77,936$9,352$87,288
Adam CarpenterVP--itFT$67,530$6,000$73,530
Scott HudsonVP of MarketingFT$65,341$2,000$67,341
Leslie MehaffeyVP ComplianceFT$52,148$12,000$64,148

Board Members and Trustees

NameTitle
Kelly KurtzChairman
Wendy AyersVice Chairperson
Levi MorrisDirector
Sandra WilliamsDirector
Kathy SmithAsst Secretary
Nancy ComptonSecretary
Wes GordonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$19,818
Other Revenue
$9,945,967
Change in Net Assets
$707,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,139,575
Salaries, Compensation, and Employee Benefits$3,118,525
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,751,450
Office Expenses---$849,094
Current Officers, Directors, Trustees, and Key Employees---$711,496
Other Expenses---$507,400
Interest---$503,570
Advertising---$476,763
Other Employee Benefits---$417,922
Information Technology---$350,365
Depreciation Depletion---$335,140
All Other Expenses---$201,773
Payroll Taxes---$187,426
Occupancy---$165,830
Pension Plan Contributions---$50,231
Fees for Services Accounting---$22,725
Conferences and Meetings---$14,488
Fees for Services Legal---$8,632
Total Functional Expenses$0$0$0$9,258,100
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$420,251$439,314▲ $19,063
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposit Accounts$121,184,553
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Beacon Credit Union
EIN
54-0606388
Address
107 LEROY BOWEN DRIVE, LYNCHBURG, VA 24502

Signing Officer

Name
Terry Hammond
Title
VP Finance
Phone
4342371566
Signed
2015-08-07

Organization Details

Principal Officer
Terry Hammond
Formed
1939
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
74
Volunteers
16
Supplemental Narrative

Additional Explanations

11 and 19

Governing documents and the conflict of interest policy are not available to the public. Financial statements are available to the public upon request. A copy of form 990 was provided to all board members before it was filed.

Raw XML AppendixShowing 400 of 437 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0155028
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01388126
IRS990/AccountsReceivableGrp/BOYAmt054008
IRS990/AccountsReceivableGrp/EOYAmt048283
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityCd0522130
IRS990/ActivityOrMissionDesc0THE MISSION OF BCU IS TO SERVE ITS MEMBERS WITH LOAN AND DEPOSIT PRODUCTS THAT MEET THEIR FINANCIAL NEEDS AND HELP ACHIEVE THEIR FINANCIAL GOALS.
IRS990/AdvertisingGrp/TotalAmt0476763
IRS990/AllOtherExpensesGrp/TotalAmt0201773
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TERRY HAMMOND
IRS990/BooksInCareOfDetail/PhoneNum04342371566
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0107 LEROY BOWEN DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LYNCHBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024502
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt02932832
IRS990/CashNonInterestBearingGrp/EOYAmt08346162
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0711496
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt014488
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019818
IRS990/CYOtherExpensesAmt06139575
IRS990/CYOtherRevenueAmt09945967
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0707685
IRS990/CYSalariesCompEmpBnftPaidAmt03118525
IRS990/CYTotalExpensesAmt09258100
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09965785
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0335140
IRS990/Desc0PROVIDED LOW COST DEPOSIT AND LOAN SERVICES TO OUR MEMBERSHIP. GAVE THREE COLLEGE SCHOLARSHIPS TO MEMBERSHIP. RAISED MONIES FOR CMN THROUGH A HIGH SCHOOL BASKETBALL TOURNAMENT. SUPPORTED CASA AND SPONSORED A GOLF TOURNAMENT TO RAISE MONEY FOR CASA.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt074
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt09092518
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt022725
IRS990/FeesForServicesLegalGrp/TotalAmt08632
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt021166
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt121000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211635
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39352
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt42000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt512000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt66000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt716000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0GREG MCCONVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRY HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm2JOE GOUDE
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN KRANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT HUDSON
IRS990/Form990PartVIISectionAGrp/PersonNm5LESLIE MEHAFFEY
IRS990/Form990PartVIISectionAGrp/PersonNm6ADAM CARPENTER
IRS990/Form990PartVIISectionAGrp/PersonNm7VICKIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm8KELLY KURTZ
IRS990/Form990PartVIISectionAGrp/PersonNm9WENDY AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm10WES GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm11NANCY COMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm12KATHY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm13LEVI MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm14SANDRA WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0176382
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt191201
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt296958
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt377936
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt465341
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt552148
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt667530
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt784000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SENIOR VP OF RETAIL
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP COMPLIANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP--IT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP PERSONNEL
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09965435
IRS990/GrossRentsGrp/RealAmt0350
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt0350365
IRS990/InterestGrp/TotalAmt0503570
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt019818
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019818
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02826020
IRS990/IRPDocumentCnt03795
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02690484
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05354810
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05677876
IRS990/LandBldgEquipCostOrOtherBssAmt08368360
IRS990/LegalDomicileStateCd0VA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF BCU IS TO SERVE ITS MEMBERS WITH LOAN AND DEPOSIT PRODUCTS THAT MEET THEIR FINANCIAL NEEDS AND HELP ACHIEVE THEIR FINANCIAL GOALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012072322
IRS990/NetAssetsOrFundBalancesEOYAmt012779657
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0350
IRS990/NetUnrelatedBusTxblIncmAmt062741
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0165830
IRS990/OfficeExpensesGrp/TotalAmt0849094
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OtherAssetsTotalGrp/BOYAmt01411812
IRS990/OtherAssetsTotalGrp/EOYAmt02073505
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0417922
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc2VISA CARD EXPENSE
IRS990/OtherExpensesGrp/Desc3ATM AND DEBIT CARD EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0941000
IRS990/OtherExpensesGrp/TotalAmt11508595
IRS990/OtherExpensesGrp/TotalAmt2254200
IRS990/OtherExpensesGrp/TotalAmt3507400
IRS990/OtherLiabilitiesGrp/BOYAmt099744435
IRS990/OtherLiabilitiesGrp/EOYAmt0121184553
IRS990/OtherRevenueMiscGrp/BusinessCd0522291
IRS990/OtherRevenueMiscGrp/BusinessCd1522130
IRS990/OtherRevenueMiscGrp/BusinessCd2522130
IRS990/OtherRevenueMiscGrp/Desc0LOAN INCOME
IRS990/OtherRevenueMiscGrp/Desc1FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc2GAIN ON LOAN SALE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07242636
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12474658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07242636
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12537399
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2165582
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt062391
IRS990/OtherRevenueTotalAmt09945617
IRS990/OtherSalariesAndWagesGrp/TotalAmt01751450
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt087344410
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0116321566
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt0187426
IRS990/PensionPlanContributionsGrp/TotalAmt050231
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01395564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02445630
IRS990/PrincipalOfficerNm0TERRY HAMMOND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt070507
IRS990/PYOtherExpensesAmt04286774
IRS990/PYOtherRevenueAmt08085116
IRS990/PYRevenuesLessExpensesAmt01029304
IRS990/PYSalariesCompEmpBnftPaidAmt02839545
IRS990/PYTotalExpensesAmt07126319
IRS990/PYTotalRevenueAmt08155623
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0420251
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0439314
IRS990/ReconcilationRevenueExpnssAmt0707685
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0350
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09799853
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012072322
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012779657
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010232078
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03031804
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0681977
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03713781
IRS990ScheduleD/EquipmentGrp/BookValueAmt0836286
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02008507
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02844793
IRS990ScheduleD/LandGrp/BookValueAmt01809786
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01809786
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01086790
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1424783
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216217
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3545715
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCUSIF
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST ON LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CREDIT UNION SERVICE CORP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0121184553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSIT ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05677876
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02073505
IRS990ScheduleD/TotalLiabilityAmt0121184553
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0152244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount024138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021166
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREG MCCONVILLE
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0182804
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt173515
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2141758
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt332785
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt45203
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0189905
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt194249
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2142989
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt342000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt431120
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GREG MCCONVILLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JOE GOUDE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2LESLIE MEHAFFEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3WENDY AYERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4SCOTT HUDSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1SR VP OF RETAIL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2VP OF COMPLIANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4VP MARKETING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. A COPY OF FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc011 AND 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111971785
IRS990/TotalAssetsEOYAmt0135352336
IRS990/TotalAssetsGrp/BOYAmt0111971785
IRS990/TotalAssetsGrp/EOYAmt0135352336
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt074
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt09258100
IRS990/TotalGrossUBIAmt062391
IRS990/TotalLiabilitiesBOYAmt099899463
IRS990/TotalLiabilitiesEOYAmt0122572679
IRS990/TotalLiabilitiesGrp/BOYAmt099899463

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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