Civic Intelligence

State Chartered Credit Unions in North Carolina

990 • Fiscal year 2014 • EIN 56-0172675

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

Organization ProfileWWW.CHAMPIONCU.COM

View Organization Page

1 Academy StreetCanton, NC 28716

(828) 648-1515

Siviq Scores

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

Liabilities / Assets

24th percentile

0.87x

Higher debt load relative to assets than 24% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

14.39x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

45th percentile

10.0%

Higher net margin than 45% of similar nonprofits.

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

Top Officer Pay

74th percentile

$245,755

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

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

Asset Growth

29th percentile

1.7%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

64th percentile

4.0%

Faster revenue growth than 64% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$186,556,228

Up $3,072,647 (+1.7%) from 2013

Net Assets

Up

$24,519,730

Up $1,124,484 (+4.8%) from 2013

Liabilities

Up

$162,036,498

Up $1,948,163 (+1.2%) from 2013

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin45th percentile

Revenue

Up

$11,263,749

Up $430,483 (+4.0%) from 2013

Expenses

Up

$10,139,264

Up $13,174 (+0.1%) from 2013

Net Income

Up

$1,124,485

Up $417,309 (+59%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$600M$400M$200M$0Assets 2010: $149,121,794Liabilities 2010: $129,064,390Net Assets 2010: $20,057,4042010Assets 2011: $156,703,055Liabilities 2011: $135,418,510Net Assets 2011: $21,284,5452011Assets 2012: $171,998,138Liabilities 2012: $149,310,068Net Assets 2012: $22,688,0702012Assets 2013: $183,483,581Liabilities 2013: $160,088,335Net Assets 2013: $23,395,2462013Assets 2014: $186,556,228Liabilities 2014: $162,036,498Net Assets 2014: $24,519,7302014Assets 2015: $213,697,116Liabilities 2015: $187,666,079Net Assets 2015: $26,031,0372015Assets 2016: $229,541,685Liabilities 2016: $201,771,744Net Assets 2016: $27,769,9412016Assets 2017: $269,827,034Liabilities 2017: $239,606,559Net Assets 2017: $30,220,4752017Assets 2018: $293,260,705Liabilities 2018: $260,301,823Net Assets 2018: $32,958,8822018Assets 2019: $287,326,267Liabilities 2019: $252,594,836Net Assets 2019: $34,731,4312019Assets 2020: $344,871,715Liabilities 2020: $308,222,427Net Assets 2020: $36,649,2882020Assets 2021: $412,728,875Liabilities 2021: $373,048,699Net Assets 2021: $39,680,1762021Assets 2022: $447,675,001Liabilities 2022: $402,933,252Net Assets 2022: $44,741,7492022Assets 2023: $557,154,718Liabilities 2023: $499,994,513Net Assets 2023: $57,160,2052023Assets 2024: $549,564,417Liabilities 2024: $489,477,676Net Assets 2024: $60,086,7412024

Highlighted filing

2014

Assets$186,556,228
Liabilities$162,036,498
Net Assets$24,519,730
Open 2014 Filing

Operations Trend

Revenue Growth64th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $8,531,6972010Expenses 2011: $8,092,5952011Revenue 2012: $10,292,584Expenses 2012: $8,889,059Net Income 2012: $1,403,5252012Revenue 2013: $10,833,266Expenses 2013: $10,126,090Net Income 2013: $707,1762013Revenue 2014: $11,263,749Expenses 2014: $10,139,264Net Income 2014: $1,124,4852014Revenue 2015: $11,683,776Expenses 2015: $10,172,469Net Income 2015: $1,511,3072015Revenue 2016: $12,417,232Expenses 2016: $10,678,328Net Income 2016: $1,738,9042016Revenue 2017: $14,135,323Expenses 2017: $11,684,789Net Income 2017: $2,450,5342017Revenue 2018: $15,926,422Expenses 2018: $13,188,015Net Income 2018: $2,738,4072018Revenue 2019: $16,472,861Expenses 2019: $14,700,312Net Income 2019: $1,772,5492019Revenue 2020: $17,196,062Expenses 2020: $15,278,205Net Income 2020: $1,917,8572020Revenue 2021: $18,530,317Expenses 2021: $15,499,429Net Income 2021: $3,030,8882021Revenue 2022: $21,314,879Expenses 2022: $16,253,306Net Income 2022: $5,061,5732022Revenue 2023: $28,858,984Expenses 2023: $23,604,486Net Income 2023: $5,254,4982023Revenue 2024: $32,581,818Expenses 2024: $29,325,921Net Income 2024: $3,255,8972024

Highlighted filing

2014

Revenue$11,263,749
Expenses$10,139,264
Net Income$1,124,485
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$11,263,749
Mission and Program Overview

Mission

State chartered credit union mutually owned by our 24,043 members, to promote thrift, issue shares, and maintain accounts, and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested.

State chartered credit union mutually owned by our 23,564 members, to promote thrift, issue shares and maintain accounts, and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$143,543,047$154,549,563▲ $11,006,516
Rtn Earn Endowment Incm Other Fnds$23,395,245$24,519,730▲ $1,124,485
Savings and Temporary Cash Investments$25,343,125$15,078,092▼ $10,265,033
Land, Buildings, and Equipment, Net$4,761,965$5,640,819▲ $878,854
Investments Program Related$4,147,208$5,319,265▲ $1,172,057
Cash and Non-Interest-Bearing Accounts$2,976,051$3,461,660▲ $485,609
Prepaid Expenses and Deferred Charges$472,362$402,881▼ $69,481
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$183,483,581$186,556,228▲ $3,072,647
Other Assets Total$2,239,823$2,103,948▼ $135,875
Liabilities
Other Liabilities$159,526,403$161,517,727▲ $1,991,324
Accounts Payable and Accrued Expenses$408,560$281,680▼ $126,880
Escrow Account Liability$153,373$237,091▲ $83,718
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$160,088,336$162,036,498▲ $1,948,162
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,395,245$24,519,730▲ $1,124,485
Total Liabilities and Net Assets / Fund Balance$183,483,581$186,556,228▲ $3,072,647

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,240,516$1,262,942$3,503,458
Equipment$1,014,337$1,950,168$2,964,505
Land$1,940,502-$1,940,502
Leasehold Improvements$445,464$129,655$575,119
Other Land Buildings$0$0$0
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David M ClaytonCEO/presidentFT$154,704$91,051$245,755
Brittainy CrawfordCFOFT$84,633$3,068$87,701

Board Members and Trustees

NameTitle
Bryan TranthamChairperson
Cece HippsVice Chairperson
Chris StevensBoard Member
Derek WenzelBoard Member
Howard TaylorBoard Member
Matthew WellsBoard Member
Ron MillsBoard Member
Patsy DowlingSecretary
Mike ArnottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,263,749
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,124,485

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,263,749
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$11,263,749
Total Revenue per Form 990
$11,263,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,114,669
Salaries, Compensation, and Employee Benefits$4,160,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,859,856
Other Expenses---$934,772
Benefits to Members---$864,493
Occupancy---$552,250
Other Employee Benefits---$527,134
Information Technology---$509,414
Office Expenses---$481,881
Depreciation Depletion---$347,300
All Other Expenses---$343,403
Current Officers, Directors, Trustees, and Key Employees---$319,973
Advertising---$299,790
Payroll Taxes---$282,940
Pension Plan Contributions---$170,199
Fees for Services Legal---$94,894
Travel---$49,197
Conferences and Meetings---$43,783
Fees for Services Accounting---$40,229
Total Functional Expenses$0$0$0$10,139,264

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,139,264
Total Expenses per Audited Statements$10,139,264
Total Expenses per Form 990$10,139,264
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$161,517,727
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits.”

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

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits. The candidates for director are nominated by a nominating committee appointed by the board of directors. The directors are elected by mail ballot election and results are reported at an annual meeting called for in the bylaws.”

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

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits. The candidates for director are nominated by a nominating committee appointed by the board of directors. The directors are elected by mail ballot election and results are reported at an annual meeting called for in the bylaws.”

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

“This Form 990 was made available to all board members after filing.”

Form 990, Part VI, Section B, Line 15

“The Board of Directors approve the compensation for the CEO annually based on a compensation survey of credit unions of comparable size and job classifications and other factors. Compensation for top management is approved by the CEO based on a compensation survey of credit unions of comparable size and job classifications, annual employee evaluations, and other factors. The overall compensation plan, including CEO and management compensation, is reviewed/approved by the Board of Directors on an annual basis.”

Form 990, Part VI, Section C, Line 19

“Written copies of policies and procedures are provided to members upon request. Monthly financial reports are posted in the lobby of our branches for members' review.”

Filing and Contact Details

Filer

Filer Name
Champion Credit Union
EIN
56-0172675
Phone
8286481515
Address
1 Academy Street, Canton, NC 28716

Signing Officer

Name
Brittainy Crawford
Title
Chief Financial Officer
Phone
8286481515
Signed
2015-05-15

Organization Details

Principal Officer
Timothy Jake Robinson
Formed
1932
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
81
Volunteers
10
Supplemental Narrative

Financial Statement Notes

Schedule D, Part IV, Line 2B

“The Credit Union maintains escrow accounts on members' first mortgage loans as a service to our members. These accounts are funded on a monthly basis by the members. The proceeds are used to pay the property taxes and insurance on the real property secured by the first mortgage.”

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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/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011263749
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0509414
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04147208
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05319265
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04935
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03342765
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04761965
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05640819
IRS990/LandBldgEquipCostOrOtherBssAmt08983584
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0State chartered credit union mutually owned by our 23,564 members, to promote thrift, issue shares, and maintain accounts, and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt023395245
IRS990/NetAssetsOrFundBalancesEOYAmt024519730
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0552250
IRS990/OfficeExpensesGrp/TotalAmt0481881
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02239823
IRS990/OtherAssetsTotalGrp/EOYAmt02103948
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0527134
IRS990/OtherExpensesGrp/Desc0LOAN LOSS PROVISION
IRS990/OtherExpensesGrp/Desc1OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc2OPERATING FEES
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING
IRS990/OtherExpensesGrp/TotalAmt01025105
IRS990/OtherExpensesGrp/TotalAmt1346188
IRS990/OtherExpensesGrp/TotalAmt246463
IRS990/OtherExpensesGrp/TotalAmt3934772
IRS990/OtherLiabilitiesGrp/BOYAmt0159526403
IRS990/OtherLiabilitiesGrp/EOYAmt0161517727
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02859856
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0143543047
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0154549563
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0282940
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0170199
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0472362
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0402881
IRS990/PrincipalOfficerNm0Timothy Jake Robinson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc1INVESTMENT INTEREST
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08680207
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178819
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21871428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3633295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08680207
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21871428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3633295
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0957077
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05147706
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt010833266
IRS990/PYRevenuesLessExpensesAmt0707176
IRS990/PYSalariesCompEmpBnftPaidAmt04021307
IRS990/PYTotalExpensesAmt010126090
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010833266
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01124485
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011263749
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023395245
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024519730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025343125
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015078092
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02240516
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01262942
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03503458
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01014337
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01950168
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02964505
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt010139264
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01940502
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01940502
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0445464
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0129655
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0575119
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0161517727
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011263749
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Credit Union maintains escrow accounts on members' first mortgage loans as a service to our members. These accounts are funded on a monthly basis by the members. The proceeds are used to pay the property taxes and insurance on the real property secured by the first mortgage.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05640819
IRS990ScheduleD/TotalExpensesPerForm990Amt010139264
IRS990ScheduleD/TotalLiabilityAmt0161517727
IRS990ScheduleD/TotalRevenuePerForm990Amt011263749
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011263749
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010139264
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount054457
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010415

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$186,556,228
Liabilities
$162,036,498
Net assets
$24,519,730
Revenue
$11,263,749
Expenses
$10,139,264
Net income
$1,124,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$550$489$60.1$32.6$29.3$3.26
2023Detailed filing. Detailed filing data is available for this year.$557$500$57.2$28.9$23.6$5.25
2022Detailed filing. Detailed filing data is available for this year.$448$403$44.7$21.3$16.3$5.06
2021Detailed filing. Detailed filing data is available for this year.$413$373$39.7$18.5$15.5$3.03
2020Detailed filing. Detailed filing data is available for this year.$345$308$36.6$17.2$15.3$1.92
2019Detailed filing. Detailed filing data is available for this year.$287$253$34.7$16.5$14.7$1.77
2018Detailed filing. Detailed filing data is available for this year.$293$260$33.0$15.9$13.2$2.74
2017Detailed filing. Detailed filing data is available for this year.$270$240$30.2$14.1$11.7$2.45
2016Detailed filing. Detailed filing data is available for this year.$230$202$27.8$12.4$10.7$1.74
2015Detailed filing. Detailed filing data is available for this year.$214$188$26.0$11.7$10.2$1.51
2014Detailed filing. Detailed filing data is available for this year.$187$162$24.5$11.3$10.1$1.12
2013Detailed filing. Detailed filing data is available for this year.$183$160$23.4$10.8$10.1$0.71
2012Summary only. Only limited summary data is available for this year.$172$149$22.7$10.3$8.89$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$157$135$21.3$8.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$149$129$20.1$8.53