Civic Intelligence

Beacon Credit Union Inc

990 • Fiscal year 2017 • EIN 54-0606388

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 10, 2018

Organization Profilewww.mybcu.org

View Organization Page

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

50th percentile

0.89x

Higher debt load relative to assets than 50% of similar nonprofits.

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

Liabilities / Revenue

13th percentile

13.13x

Higher debt load relative to revenue than 13% of similar nonprofits.

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

Net Margin

27th percentile

6.6%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

59th percentile

$224,651

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

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

Asset Growth

92nd percentile

11%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

6th percentile

-5.3%

Faster revenue growth than 6% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$177,294,477

Up $18,225,135 (+11%) from 2016

Net Assets

Up

$19,028,753

Up $5,139,810 (+37%) from 2016

Liabilities

Up

$158,265,724

Up $13,085,325 (+9.0%) from 2016

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin27th percentile

Revenue

Down

$12,051,344

Down $678,699 (-5.3%) from 2016

Expenses

Down

$11,253,352

Down $1,396,129 (-11%) from 2016

Net Income

Up

$797,992

Up $717,430 (+891%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

2017

Assets$177,294,477
Liabilities$158,265,724
Net Assets$19,028,753
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

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

2017

Revenue$12,051,344
Expenses$11,253,352
Net Income$797,992
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 10, 2018
Return Version
2017v2.0
Gross Receipts
$12,051,344
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.

The mission of Beacon Credit Union 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$133,760,985$140,815,515▲ $7,054,530
Rtn Earn Endowment Incm Other Fnds$13,888,943$19,028,753▲ $5,139,810
Cash and Non-Interest-Bearing Accounts$11,082,891$13,000,056▲ $1,917,165
Investments Other Securities$496,000$10,177,109▲ $9,681,109
Land, Buildings, and Equipment, Net$6,388,792$7,139,345▲ $750,553
Prepaid Expenses and Deferred Charges$2,649,853$2,449,748▼ $200,105
Accounts Receivable$863,943$746,308▼ $117,635
Receivables From Officers Etc$657,453$703,570▲ $46,117
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$159,069,342$177,294,477▲ $18,225,135
Other Assets Total$3,169,425$2,262,826▼ $906,599
Liabilities
Other Liabilities$144,372,903$157,619,646▲ $13,246,743
Accounts Payable and Accrued Expenses$807,496$646,078▼ $161,418
Total Liabilities$145,180,399$158,265,724▲ $13,085,325
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,888,943$19,028,753▲ $5,139,810
Total Liabilities and Net Assets / Fund Balance$159,069,342$177,294,477▲ $18,225,135

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,779,246$981,720$0
Other Land Buildings$0$0$0
Land$2,663,013-$0
Equipment$697,086$2,758,955$0
Leasehold Improvements$0$0$0
Other Securities$42,060--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg McConvilleCEOFT$184,651$40,000$224,651
Terry HammondCFOFT$112,209$24,000$136,209
Joe GoudeSVP of RetailFT$112,798$15,000$127,798
Susan KrantzVP of OperationsFT$92,885$10,000$102,885

Board Members and Trustees

NameTitle
Philip HynesVice Chairman of the Board
Kathy SmithAsst Secretary of the Board
Kelly KurtzDirector
Sandra WilliamsDirector
William ColemanDirector
Nancy ComptonSecretary of the Board
Wendy AyersCOB

Highest Paid Contractors

ContractorServicesLocationCompensation
Blair ConstructionBuilding ContractorPO Box 612, Gretna, VA 24557$248,248
Jack Henry and Associates IncData Processing ServicesPO Box 609, Monett, MO 65708$189,585
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,774,355
Investment Income
$161,714
Other Revenue
$3,115,275
Change in Net Assets
$797,992

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,051,344
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$12,051,344
Total Revenue per Form 990
$12,051,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,110,954
Salaries, Compensation, and Employee Benefits$4,142,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,865,055
All Other Expenses---$2,019,000
Fees for Services Other---$986,583
Office Expenses---$983,983
Interest---$889,514
Current Officers, Directors, Trustees, and Key Employees---$502,543
Other Employee Benefits---$478,203
Information Technology---$476,850
Depreciation Depletion---$318,140
Advertising---$297,459
Occupancy---$247,793
Payroll Taxes---$242,682
Conferences and Meetings---$100,483
Other Expenses---$99,593
Pension Plan Contributions---$53,915
Insurance---$31,670
Fees for Services Accounting---$29,272
Fees for Services Legal---$2,964
Total Functional Expenses$0$0$0$11,253,352

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,253,352
Total Expenses per Audited Statements$11,253,352
Total Expenses per Form 990$11,253,352
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$657,453$703,570▲ $46,117
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposit Accounts$157,619,646
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 6

“Credit Unions are owed by their membership.”

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

“Credit Union members elect their directors annually.”

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

“Mergers have to be approved by the membership.”

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

“Form 990 is reviewed by the Board of Directors before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interests are reviewed by the Board and appropriate action taken when necessary.”

Form 990, Part VI, Section B, Line 15

“CEO compensation study is done yearly. Other officers are reviewed each year as well. Both reviews are done by an independent company. All other position titles are reviewed annually.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available quarterly through the NCUA website and upon request. Governing documents and conflict of interest policies are not available.”

Filing and Contact Details

Filer

Filer Name
Beacon Credit Union Inc
EIN
54-0606388
Phone
4342371566
Address
107 Leroy Bowen Drive, Lynchburg, VA 24502

Signing Officer

Name
Terry Hammond
Title
CFO
Phone
4342371566
Signed
2018-08-10

Organization Details

Principal Officer
Greg McConville
Formed
1939
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
99
Volunteers
13
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Loan Loss Provision Expense--$2,019,000”

Form 990, Part XI, Line 9

“Merger of Danville City Employees FCU in to Beacon Credit Union on 12-1-17.”

Raw XML AppendixShowing 400 of 502 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0COB
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt3Asst Secretary of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP of Retail
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0476850
IRS990/InsuranceGrp/TotalAmt031670
IRS990/InterestGrp/TotalAmt0889514
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0161714
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0161714
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0496000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt010177109
IRS990/IRPDocumentCnt04450
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03740675
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06388792
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07139345
IRS990/LandBldgEquipCostOrOtherBssAmt010880020
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt03054089
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt03115275
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt061186
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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013888943
IRS990/NetAssetsOrFundBalancesEOYAmt019028753
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0247793
IRS990/OfficeExpensesGrp/TotalAmt0983983
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03169425
IRS990/OtherAssetsTotalGrp/EOYAmt02262826
IRS990/OtherChangesInNetAssetsAmt04341818
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0478203
IRS990/OtherExpensesGrp/Desc0Plastic Card Expenses
IRS990/OtherExpensesGrp/Desc1Misc Expense
IRS990/OtherExpensesGrp/TotalAmt0627650
IRS990/OtherExpensesGrp/TotalAmt199593
IRS990/OtherLiabilitiesGrp/BOYAmt0144372903
IRS990/OtherLiabilitiesGrp/EOYAmt0157619646
IRS990/OtherRevenueTotalAmt03115275
IRS990/OtherSalariesAndWagesGrp/TotalAmt02865055
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0133760985
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0140815515
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0242682
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt053915
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02649853
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02449748
IRS990/PrincipalOfficerNm0Greg McConville
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097777
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt08733648
IRS990/PYOtherRevenueAmt0591591
IRS990/PYProgramServiceRevenueAmt012040675
IRS990/PYRevenuesLessExpensesAmt080562
IRS990/PYSalariesCompEmpBnftPaidAmt03915833
IRS990/PYTotalExpensesAmt012649481
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012730043
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0657453
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0703570
IRS990/ReconcilationRevenueExpnssAmt0797992
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012051344
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt013888943
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt019028753
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03779246
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0981720
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04760966
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0697086
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02758955
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03456041
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011253352
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt02663013
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02663013
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0157619646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposit Accounts
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010135049
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt142060
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Certificates of Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Credit Union Service Organizations
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012051344
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07139345
IRS990ScheduleD/TotalBookValueSecuritiesAmt010177109
IRS990ScheduleD/TotalExpensesPerForm990Amt011253352
IRS990ScheduleD/TotalLiabilityAmt0157619646
IRS990ScheduleD/TotalRevenuePerForm990Amt012051344
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012051344
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011253352
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0184651
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0235795
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014127
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Greg McConville
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0224651
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CEO Christmas Bonus is grossed up, as are all the other employees' Christmas bonus. A Christmas bonus is not guaranteed.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1A compensation evaluation is done annually on every employee.

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Filings

Displayed year

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

Open filing
Assets
$177,294,477
Liabilities
$158,265,724
Net assets
$19,028,753
Revenue
$12,051,344
Expenses
$11,253,352
Net income
$797,992
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