Civic Intelligence

Jackson River Community Credit Union

990 • Fiscal year 2012 • EIN 54-0620788

Jan 01, 2012 to Dec 31, 2012 • Filed on Mar 06, 2013

347 N Court Ave24426
Siviq Scores

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

Liabilities / Assets

7th percentile

0.02x

Higher debt load relative to assets than 7% of similar nonprofits.

2012 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

43rd percentile

3.8%

Faster asset growth than 43% of similar nonprofits.

2012 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$70,337,630

Up $2,592,949 (+3.8%) from 2011

Net Assets

Up

$69,127,148

Up $2,498,692 (+3.8%) from 2011

Liabilities

Up

$1,210,482

Up $94,257 (+8.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,326,899

Down $199,598 (-7.9%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $65,483,713Liabilities 2010: $684,863Net Assets 2010: $64,798,8512010Assets 2011: $67,744,681Liabilities 2011: $1,116,225Net Assets 2011: $66,628,4562011Assets 2012: $70,337,630Liabilities 2012: $1,210,482Net Assets 2012: $69,127,1482012Assets 2013: $70,866,584Liabilities 2013: $1,688,948Net Assets 2013: $69,177,6362013Assets 2014: $73,264,581Liabilities 2014: $2,157,417Net Assets 2014: $71,107,1642014Assets 2015: $76,652,413Liabilities 2015: $2,194,367Net Assets 2015: $74,458,0462015Assets 2016: $77,982,924Liabilities 2016: $2,599,290Net Assets 2016: $75,383,6342016Assets 2017: $78,637,146Liabilities 2017: $1,077,687Net Assets 2017: $77,559,4592017Assets 2018: $81,575,660Liabilities 2018: $753,275Net Assets 2018: $80,822,3852018Assets 2019: $83,927,378Liabilities 2019: $611,254Net Assets 2019: $83,316,1242019Assets 2020: $96,519,978Liabilities 2020: $696,125Net Assets 2020: $95,823,8532020Assets 2021: $104,365,110Liabilities 2021: $766,690Net Assets 2021: $103,598,4202021Assets 2022: $107,256,526Liabilities 2022: $1,167,948Net Assets 2022: $106,088,5782022Assets 2023: $108,539,863Liabilities 2023: $1,153,427Net Assets 2023: $107,386,4362023Assets 2024: $117,200,762Liabilities 2024: $920,717Net Assets 2024: $116,280,0452024

Highlighted filing

2012

Assets$70,337,630
Liabilities$1,210,482
Net Assets$69,127,148

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,606,3012010Expenses 2011: $2,526,4972011Expenses 2012: $2,326,8992012Revenue 2013: $2,297,249Expenses 2013: $2,132,333Net Income 2013: $164,9162013Revenue 2014: $2,239,730Expenses 2014: $2,084,285Net Income 2014: $155,4452014Revenue 2015: $2,154,724Expenses 2015: $1,986,119Net Income 2015: $168,6052015Revenue 2016: $2,189,457Expenses 2016: $2,070,504Net Income 2016: $118,9532016Revenue 2017: $2,495,843Expenses 2017: $2,025,188Net Income 2017: $470,6552017Revenue 2018: $2,867,379Expenses 2018: $2,081,806Net Income 2018: $785,5732018Revenue 2019: $3,329,470Expenses 2019: $2,531,476Net Income 2019: $797,9942019Revenue 2020: $3,314,964Expenses 2020: $2,812,372Net Income 2020: $502,5922020Revenue 2021: $3,478,106Expenses 2021: $2,687,263Net Income 2021: $790,8432021Revenue 2022: $4,389,231Expenses 2022: $3,203,084Net Income 2022: $1,186,1472022Revenue 2023: $5,733,008Expenses 2023: $3,690,060Net Income 2023: $2,042,9482023Revenue 2024: $6,374,937Expenses 2024: $4,284,801Net Income 2024: $2,090,1362024

Highlighted filing

2012

Revenue-
Expenses$2,326,899
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 6, 2013
Return Version
2012v2.0
Gross Receipts
$2,412,902
Mission and Program Overview

Mission

To assist members in reaching their financial goals and needs. The credit union strives to keep fees and cost of services to a minimum. Services include but are not limited to: savings and checking accounts, consumer loans and mortgages.

Major Activities

Activity 2
Fee income - any fees charged by the credit union are in compliance with ncua and federal reserve guidelines and best practices. Credit union fees can often be avoided by the member for example - non-sufficient funds fee overdraft fees late payment fees. Main fees charged include non-sufficient funds fees overdraft fees negative overdraft fees stop payment fees late loan payment fees safe deposit box rental dormant account fees. Of the 688460 listed as fee income 247097 is from visa interchange fee. This income is offset by the visa debit card expense program of 235427. All program fees are a direct result of the use of certain services at the credit union.
Filing and Contact Details

Filer

EIN
54-0620788
Raw XML Appendix319 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/Activity2/Description0FEE INCOME - ANY FEES CHARGED BY THE CREDIT UNION ARE IN COMPLIANCE WITH NCUA AND FEDERAL RESERVE GUIDELINES AND BEST PRACTICES. CREDIT UNION FEES CAN OFTEN BE AVOIDED BY THE MEMBER FOR EXAMPLE - NON-SUFFICIENT FUNDS FEE OVERDRAFT FEES LATE PAYMENT FEES. MAIN FEES CHARGED INCLUDE NON-SUFFICIENT FUNDS FEES OVERDRAFT FEES NEGATIVE OVERDRAFT FEES STOP PAYMENT FEES LATE LOAN PAYMENT FEES SAFE DEPOSIT BOX RENTAL DORMANT ACCOUNT FEES. OF THE 688460 LISTED AS FEE INCOME 247097 IS FROM VISA INTERCHANGE FEE. THIS INCOME IS OFFSET BY THE VISA DEBIT CARD EXPENSE PROGRAM OF 235427. ALL PROGRAM FEES ARE A DIRECT RESULT OF THE USE OF CERTAIN SERVICES AT THE CREDIT UNION.
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IRS990ScheduleD/OtherAssets/Description0LOANS TO MEMBERS
IRS990ScheduleD/OtherAssets/Description1MEMBERSHIP CAPITAL-MID ATLANTIC CORPORATE CREDIT UNION
IRS990ScheduleD/OtherAssets/Description2NATIONAL CREDIT UNION ADMINISTRATION SHARE INSURANCE
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IRS990ScheduleO/GeneralExplanation/Explanation0A CREDIT UNION IS OWNED BY ITS MEMBERS. EACH MEMBER HAS 1 SHARE AND IF OVER THE AGE OF 18 IS ELIGIBLE TO VOTE FOR BOARD OF DIRECTOR OPENINGS OR SUBMIT TO BE INCLUDED ON THE BALLOT. EACH MONTH FINANCIAL STMTS INCLUDING THE INCOME STMT BALANCE SHEET AND LOAN STATISTICAL DATA ARE POSTED AT THE MAIN OFFICE FOR MEMBER REVIEW. IF QUESTIONS MEMBERS MAY REVIEW OTHER FINANCIAL REPORTS THAT DO NOT CONTAIN SENSITIVE MEMBER IDENTIFYING INFORMATION. THE BOARD REVIEWS ALL FINANCIAL REPORTS AT MONTHLY BOARD MEETINGS. THE NCUA CALL QUARTERLY CALL REPORT IS REVIEWED BY THE CEO BEFORE SUBMISSION AND FINAL STATUS IS GIVEN TO THE BOARD. THE CREDIT UNION'S BOOKS ARE AUDITED YEARLY BY AN EXTERNAL AUDIT FIRM. THE CREDIT UNION IS ALSO SUBJECT TO STATE EXAMINATION EVERY 12-15 MONTHS. PART VI 11B THE SUPERVISORY COMMITTEE OF THE CREDIT UNION REVIEWS FORM 990 ANY QUESTIONS ARE ANSWERED BY THE VP OPERATIONS PART VI 15B THE WAGE COMMITTEE CONSISTS OF 3 MEMBERS OF THE ELECTED BOARD OF DIRECTORS. THE COMMITTEE REVIEWS AND MAKES RECOMMENDATIONS TO THE FULL BOARD FOR KEY EMPLOYEE COMPENSATION AND OVERALL BONUS PAYMENT AT YEAR END. PART VI 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY MANAGEMENT ON A YEARLY BASIS AND THEN ANY NOTED CHANGES ARE RECOMMENDED TO THE BOARD FOR APPROVAL. PART VI 19 MONTHLY FINANCIAL STATEMENTS INCOME STMT BALANCE SHEET AND LOAN STATISTICAL DATA IS POSTED MONTHLY IN THE LOBBY FOR MEMBER REVIEW. PART XI 9 CHANGE IN MEMBER EQUITYMEMBER DEPOSITS ON HAND PART XII 2C THE SUPERVISORY COMMITTEE MEETS WITH THE EXTERNAL AUDITORS ONCE THE YEARLY AUDIT IS COMPLETE. THE AUDTIORS WILL REVIEW THE RESULTS OF THE AUDIT AND ANY AREAS THAT NEED ATTENTION. THE STATE EXAMINER WILL MEET WITH THE BOARD OFFICERS AND THE CEO TO REVIEW ANY EXAM FINDINGS AND AREAS THAT MAY NEED MANAGEMENT ATTENTION.
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IRS990/YearFormation01953
ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode024426
ReturnHeader/Officer/DateSigned02013-03-06
ReturnHeader/Officer/Name0ANGELA BLEVINS
ReturnHeader/Officer/Phone05409626154
ReturnHeader/Officer/Title0CEO
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-03-09T10:39:00-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$117$0.92$116$6.37$4.28$2.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$109$1.15$107$5.73$3.69$2.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$1.17$106$4.39$3.20$1.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$104$0.77$104$3.48$2.69$0.79
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.5$0.70$95.8$3.31$2.81$0.50
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.9$0.61$83.3$3.33$2.53$0.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.6$0.75$80.8$2.87$2.08$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.6$1.08$77.6$2.50$2.03$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.0$2.60$75.4$2.19$2.07$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.7$2.19$74.5$2.15$1.99$0.17
2014Detailed filing. Detailed filing data is available for this year.$73.3$2.16$71.1$2.24$2.08$0.16
2013Detailed filing. Detailed filing data is available for this year.$70.9$1.69$69.2$2.30$2.13$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.3$1.21$69.1$2.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.7$1.12$66.6$2.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.5$0.68$64.8$2.61