Civic Intelligence

Beacon Credit Union Inc

990 • Fiscal year 2020 • EIN 54-0606388

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 21, 2021

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

58th percentile

0.90x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

14.66x

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

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Net Margin

58th percentile

12%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$269,905

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Asset Growth

8th percentile

7.7%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

1.9%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$227,358,861

Up $16,251,459 (+7.7%) from 2019

Net Assets

Up

$22,278,897

Up $1,868,876 (+9.2%) from 2019

Liabilities

Up

$205,079,964

Up $14,382,583 (+7.5%) from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin58th percentile

Revenue

Up

$13,991,814

Up $261,131 (+1.9%) from 2019

Expenses

Down

$12,342,738

Down $582,150 (-4.5%) from 2019

Net Income

Up

$1,649,076

Up $843,281 (+105%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th 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

2020

Assets$227,358,861
Liabilities$205,079,964
Net Assets$22,278,897
Open 2020 Filing

Operations Trend

Revenue Growth74th 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

2020

Revenue$13,991,814
Expenses$12,342,738
Net Income$1,649,076
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 21, 2021
Return Version
2020v4.0
Gross Receipts
$13,991,814
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$173,179,850$185,729,885▲ $12,550,035
Cash and Non-Interest-Bearing Accounts$18,396,680$17,851,982▼ $544,698
Land, Buildings, and Equipment, Net$9,711,366$9,894,716▲ $183,350
Investments Other Securities$1,024,157$5,060,232▲ $4,036,075
Prepaid Expenses and Deferred Charges$2,907,843$3,253,614▲ $345,771
Receivables From Officers Etc$933,483$981,664▲ $48,181
Accounts Receivable$611,042$351,665▼ $259,377
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0--
Intangible Assets$0$0→ $0
Loans From Officers Directors-$0-
Total Assets$211,107,402$227,358,861▲ $16,251,459
Other Assets Total$4,342,981$4,235,103▼ $107,878
Liabilities
Other Liabilities$174,514,562$204,371,117▲ $29,856,555
Mortgage Notes Payable Secured by Investment Property$14,000,000$0▼ $14,000,000
Accounts Payable and Accrued Expenses$2,182,819$708,847▼ $1,473,972
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable-$0-
Deferred Revenue$0$0→ $0
Escrow Account Liability-$0-
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$190,697,381$205,079,964▲ $14,382,583
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,410,021$22,278,897▲ $1,868,876
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$20,410,021$22,278,897▲ $1,868,876
Total Liabilities and Net Assets / Fund Balance$211,107,402$227,358,861▲ $16,251,459

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,247,078$1,511,305$0
Other Land Buildings$0$0$0
Land$3,220,229-$0
Equipment$1,427,409$3,527,724$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Greg McConvilleCEOFT$225,055$133,678$358,733
Terry HammondCFOFT$142,173$31,652$173,825
Joe GoudeSVP of RetailFT$136,825$28,584$165,409
Susan KrantzSVP of OperationsFT$147,315$13,732$161,047
Vickie SmithVP of PersonnelFT$106,311$20,375$126,686
Kathy SmithAsst Secretary of the Board-$1,570-$1,570
Kelly KurtzDirector-$1,570-$1,570
Nancy ComptonSecretary of the Board-$1,570-$1,570
Philip HynesChairman of the Board-$1,570-$1,570
Robert MartinSupervisory Committee Chairman-$1,570-$1,570
Sandra WilliamsDirector-$1,570-$1,570
Wendy AyersVice Chairman of the Board-$1,570-$1,570
Wes GordonTreasurer-$1,570-$1,570
William ColemanDirector-$1,570-$1,570

Highest Paid Contractors

ContractorServicesLocationCompensation
Texas Series of Lockton Companies LLCLoan InsuranceDept 3036, Dallas, TX 75312$446,344
Jack Henry and AssociatesData Processing ServicesPO Box 609, Monett, MO 65708$296,722
Burgess Commercial Cleaning IncMaintenance108 Chapel Lane, PO Box 123036, Lynchburg, VA 24501$134,045
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$238,163
Other Revenue
$13,753,651
Change in Net Assets
$1,649,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,991,814
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$13,991,814
Total Revenue per Form 990
$13,991,814
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,076,641
Salaries, Compensation, and Employee Benefits$5,266,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,302,495
Fees for Services Other---$1,371,909
Office Expenses---$1,184,459
Interest---$1,158,984
All Other Expenses---$872,000
Other Employee Benefits---$800,093
Current Officers, Directors, Trustees, and Key Employees---$798,702
Information Technology---$654,079
Advertising---$583,562
Occupancy---$550,276
Depreciation Depletion---$447,587
Payroll Taxes---$266,744
Pension Plan Contributions---$98,063
Insurance---$80,386
Other Expenses---$79,385
Conferences and Meetings---$49,000
Fees for Services Accounting---$45,014
Total Functional Expenses$0$0$0$12,342,738

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,342,738
Total Expenses per Audited Statements$12,342,738
Total Expenses per Form 990$12,342,738
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$933,483$981,664▲ $48,181
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposit Accounts$204,371,117
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 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
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

“The organization has members.”

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

“Board of Directors makes recommendations for Board members and then these recommendations are voted on at the annual meeting.”

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

“Mergers with other credit unions require member approval.”

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

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

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

“Board of Directors annually reviews conflict of interest statements and more often as necessary.”

Form 990, Part VI, Section B, Line 15

“Salary studies are done annually on all positions including Senior Management.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available on demand and through the NCUA website. Governing documents and our conflict of interest policy are not available to the public. The Corporate Charter could be obtained on the VA State Corporation Commission website.”

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
2021-07-21

Organization Details

Principal Officer
Greg McConville
Formed
1939
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
103
Volunteers
11
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Loan Servicing Expense--Payments to Auto Dealers for Loans originated at their dealerships.”

Financial Statement Notes

Schedule D, Part X, Line 2

“None.”

Raw XML AppendixShowing 400 of 668 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/PersonNm3Joe Goude
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt81570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt91570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt101570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt111570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt121570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt131570
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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SVP of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt3SVP of Retail
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP of Personnel
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt8Asst Secretary of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Supervisory Committee Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013991814
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0654079
IRS990/InsuranceGrp/TotalAmt080386
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01158984
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0238163
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0238163
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01024157
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05060232
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt05162
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05039029
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09711366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09894716
IRS990/LandBldgEquipCostOrOtherBssAmt014933745
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt03759900
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt03911640
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt0151740
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt014000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt020410021
IRS990/NetAssetsOrFundBalancesEOYAmt022278897
IRS990/NetUnrelatedBusTxblIncmAmt0-59838
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt020410021
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt022278897
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0550276
IRS990/OfficeExpensesGrp/TotalAmt01184459
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04342981
IRS990/OtherAssetsTotalGrp/EOYAmt04235103
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0800093
IRS990/OtherExpensesGrp/Desc0Misc Expense
IRS990/OtherExpensesGrp/TotalAmt079385
IRS990/OtherLiabilitiesGrp/BOYAmt0174514562
IRS990/OtherLiabilitiesGrp/EOYAmt0204371117
IRS990/OtherRevenueMiscGrp/BusinessCd0522130
IRS990/OtherRevenueMiscGrp/Desc0Loan Interest Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09842011
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09842011
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt013753651
IRS990/OtherSalariesAndWagesGrp/TotalAmt03302495
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0173179850
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0185729885
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0266744
IRS990/PensionPlanContributionsGrp/TotalAmt098063
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02907843
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03253614
IRS990/PrincipalOfficerNm0Greg McConville
IRS990/PriorPeriodAdjustmentsAmt0219800
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The credit union served its members in 2020 by offering lower cost services to its membership along with various charitable endeavors to the community and its membership.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012342738
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013991814
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0394438
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07359036
IRS990/PYOtherRevenueAmt013336245
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0805795
IRS990/PYSalariesCompEmpBnftPaidAmt05565852
IRS990/PYTotalExpensesAmt012924888
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013730683
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0933483
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0981664
IRS990/ReconcilationRevenueExpnssAmt01649076
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05247078
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01511305
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06758383
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01427409
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03527724
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04955133
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012342738
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt03220229
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt03220229
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

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$227,358,861
Liabilities
$205,079,964
Net assets
$22,278,897
Revenue
$13,991,814
Expenses
$12,342,738
Net income
$1,649,076
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