Civic Intelligence

State Chartered Credit Unions in North Carolina

990 • Fiscal year 2016 • EIN 56-0172675

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

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

34th percentile

0.88x

Higher debt load relative to assets than 34% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

34th percentile

16.25x

Higher debt load relative to revenue than 34% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$227,407

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

76th percentile

7.4%

Faster asset growth than 76% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

6.3%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Assets

Up

$229,541,685

Up $15,844,569 (+7.4%) from 2015

Net Assets

Up

$27,769,941

Up $1,738,904 (+6.7%) from 2015

Liabilities

Up

$201,771,744

Up $14,105,665 (+7.5%) from 2015

Revenue

Up

$12,417,232

Up $733,456 (+6.3%) from 2015

Expenses

Up

$10,678,328

Up $505,859 (+5.0%) from 2015

Net Income

Up

$1,738,904

Up $227,597 (+15%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$229,541,685
Liabilities$201,771,744
Net Assets$27,769,941

Operations Trend

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

2016

Revenue$12,417,232
Expenses$10,678,328
Net Income$1,738,904
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Gross Receipts
$12,417,232
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 24,107 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$173,049,001$180,374,121▲ $7,325,120
Rtn Earn Endowment Incm Other Fnds$26,031,037$27,769,941▲ $1,738,904
Savings and Temporary Cash Investments$25,515,420$25,137,438▼ $377,982
Investments Program Related$4,328,100$10,972,500▲ $6,644,400
Land, Buildings, and Equipment, Net$5,938,946$6,697,837▲ $758,891
Cash and Non-Interest-Bearing Accounts$2,599,533$3,456,460▲ $856,927
Prepaid Expenses and Deferred Charges$512,041$727,010▲ $214,969
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$213,697,116$229,541,685▲ $15,844,569
Other Assets Total$1,754,075$2,176,319▲ $422,244
Liabilities
Other Liabilities$186,740,449$200,770,962▲ $14,030,513
Accounts Payable and Accrued Expenses$655,457$631,250▼ $24,207
Escrow Account Liability$270,173$369,532▲ $99,359
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$187,666,079$201,771,744▲ $14,105,665
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,031,037$27,769,941▲ $1,738,904
Total Liabilities and Net Assets / Fund Balance$213,697,116$229,541,685▲ $15,844,569

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,638,793$1,452,487$4,091,280
Equipment$1,543,001$2,117,753$3,660,754
Land$1,896,138-$1,896,138
Leasehold Improvements$619,905$187,592$807,497
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy Jake RobinsonPresident/CEOFT$148,202$79,205$227,407
Brittainy CrawfordCFOFT$105,667$13,157$118,824
Ronald ColeChief Credit OfficerFT$106,379$10,527$116,906

Board Members and Trustees

NameTitle
Bryan TranthamChairperson
Derek WenzelVice Chairperson
Andrew FrancisBoard Member
Dean PressleyBoard Member
Howard TaylorBoard Member
Matthew WellsBoard Member
Ron MillsBoard Member
Jenny WoodSecretary
Mike ArnottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,417,232
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,738,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,927,428
Salaries, Compensation, and Employee Benefits$4,579,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,210,160
Benefits to Members---$1,171,868
Other Expenses---$1,009,515
Other Employee Benefits---$570,262
Information Technology---$569,378
Occupancy---$514,590
Office Expenses---$423,088
Advertising---$370,653
All Other Expenses---$355,247
Depreciation Depletion---$348,977
Current Officers, Directors, Trustees, and Key Employees---$346,231
Payroll Taxes---$292,647
Pension Plan Contributions---$159,732
Fees for Services Legal---$70,824
Travel---$49,644
Fees for Services Accounting---$36,925
Conferences and Meetings---$34,978
Total Functional Expenses$0$0$0$10,678,328
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$200,770,962
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
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 12C

The conflict of interest policy is included in the employee handbook. Each employee is required to review on an annual basis.

Form 990, Part VI, Section B, Line 15

The Board of Directors approves 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.

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
2017-05-12

Organization Details

Principal Officer
Timothy Jake Robinson
Formed
1932
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
96
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.

Raw XML AppendixShowing 400 of 493 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/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012417232
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0569378
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/BOYAmt04328100
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010972500
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt05356
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03757832
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05938946
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06697837
IRS990/LandBldgEquipCostOrOtherBssAmt010455669
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 24,107 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/NetAssetsOrFundBalancesBOYAmt026031037
IRS990/NetAssetsOrFundBalancesEOYAmt027769941
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0514590
IRS990/OfficeExpensesGrp/TotalAmt0423088
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01754075
IRS990/OtherAssetsTotalGrp/EOYAmt02176319
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0570262
IRS990/OtherExpensesGrp/Desc0Loan Loss Provision
IRS990/OtherExpensesGrp/Desc1Office Operations
IRS990/OtherExpensesGrp/Desc2Operating Fees
IRS990/OtherExpensesGrp/Desc3Loan Servicing
IRS990/OtherExpensesGrp/TotalAmt0532648
IRS990/OtherExpensesGrp/TotalAmt1562894
IRS990/OtherExpensesGrp/TotalAmt248067
IRS990/OtherExpensesGrp/TotalAmt31009515
IRS990/OtherLiabilitiesGrp/BOYAmt0186740449
IRS990/OtherLiabilitiesGrp/EOYAmt0200770962
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt03210160
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0173049001
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0180374121
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0292647
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0159732
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0512041
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0727010
IRS990/PrincipalOfficerNm0Timothy Jake Robinson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
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/RelatedOrExemptFuncIncomeAmt09374869
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1181642
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21968124
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3892597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09374869
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1181642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21968124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3892597
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01049984
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04994161
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt011683776
IRS990/PYRevenuesLessExpensesAmt01511307
IRS990/PYSalariesCompEmpBnftPaidAmt04128324
IRS990/PYTotalExpensesAmt010172469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011683776
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01738904
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012417232
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026031037
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt027769941
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025515420
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025137438
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02638793
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01452487
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04091280
IRS990ScheduleD/EquipmentGrp/BookValueAmt01543001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02117753
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03660754
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01896138
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01896138
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0619905
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0187592
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0807497
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200770962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposits
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/TotalBookValueLandBuildingsAmt06697837
IRS990ScheduleD/TotalLiabilityAmt0200770962
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount061775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017430
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIMOTHY JAKE ROBINSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0227407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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.

Document Assets

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Filings

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