Civic Intelligence

State Chartered Credit Unions Inc

990 • Fiscal year 2012 • EIN 56-0475645

Jul 01, 2011 to Jun 30, 2012 • Filed on May 09, 2013

1000 Wade Avenue27605-1157
Siviq Scores

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

Liabilities / Assets

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

2012 filings • 501(c)14 • $1B+ 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

64th percentile

8.8%

Faster asset growth than 64% of similar nonprofits.

2012 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$25,097,413,322

Up $2,036,180,368 (+8.8%) from 2011

Net Assets

Up

$1,805,559,738

Up $149,120,949 (+9.0%) from 2011

Liabilities

Up

$23,291,853,584

Up $1,887,059,419 (+8.8%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$775,578,427

Down $60,962,919 (-7.3%) 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.

$60B$40B$20B$0Assets 2010: $21,038,409,107Liabilities 2010: $19,540,244,330Net Assets 2010: $1,498,164,7772010Assets 2011: $23,061,232,954Liabilities 2011: $21,404,794,165Net Assets 2011: $1,656,438,7892011Assets 2012: $25,097,413,322Liabilities 2012: $23,291,853,584Net Assets 2012: $1,805,559,7382012Assets 2013: $26,799,238,232Liabilities 2013: $24,868,597,085Net Assets 2013: $1,930,641,1472013Assets 2015: $30,876,123,778Liabilities 2015: $28,477,870,587Net Assets 2015: $2,398,253,1912015Assets 2016: $33,825,999,547Liabilities 2016: $31,191,812,372Net Assets 2016: $2,634,187,1752016Assets 2017: $36,933,775,348Liabilities 2017: $34,100,298,396Net Assets 2017: $2,833,476,9522017Assets 2018: $38,468,314,242Liabilities 2018: $35,468,921,148Net Assets 2018: $2,999,393,0942018Assets 2019: $40,697,542,181Liabilities 2019: $37,329,329,818Net Assets 2019: $3,368,212,3632019Assets 2020: $45,245,519,314Liabilities 2020: $41,540,781,392Net Assets 2020: $3,704,737,9222020Assets 2021: $50,003,058,257Liabilities 2021: $46,094,531,107Net Assets 2021: $3,908,527,1502021Assets 2022: $53,195,296,849Liabilities 2022: $49,499,633,455Net Assets 2022: $3,695,663,3942022Assets 2023: $49,625,413,489Liabilities 2023: $45,572,981,504Net Assets 2023: $4,052,431,9852023

Highlighted filing

2012

Assets$25,097,413,322
Liabilities$23,291,853,584
Net Assets$1,805,559,738

Operations Trend

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

$3.0B$2.0B$1.0B$0Expenses 2010: $807,380,1892010Expenses 2011: $836,541,3462011Expenses 2012: $775,578,4272012Expenses 2013: $747,989,9572013Revenue 2015: $1,088,638,044Expenses 2015: $836,183,024Net Income 2015: $252,455,0202015Revenue 2016: $1,205,116,084Expenses 2016: $962,503,799Net Income 2016: $242,612,2852016Revenue 2017: $1,289,422,316Expenses 2017: $1,077,656,767Net Income 2017: $211,765,5492017Revenue 2018: $1,501,185,216Expenses 2018: $1,207,551,463Net Income 2018: $293,633,7532018Revenue 2019: $1,685,013,461Expenses 2019: $1,441,021,781Net Income 2019: $243,991,6802019Revenue 2020: $1,692,752,969Expenses 2020: $1,486,066,717Net Income 2020: $206,686,2522020Revenue 2021: $1,639,456,686Expenses 2021: $1,206,510,123Net Income 2021: $432,946,5632021Revenue 2022: $1,663,323,190Expenses 2022: $1,107,033,903Net Income 2022: $556,289,2872022Revenue 2023: $2,176,491,752Expenses 2023: $1,593,476,956Net Income 2023: $583,014,7962023

Highlighted filing

2012

Revenue-
Expenses$775,578,427
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 9, 2013
Return Version
2011v1.5
Gross Receipts
$15,592,051,306
Mission and Program Overview

Mission

As a financial cooperative owned by our members, our mission is to improve the economic life and social condition of members, to encourage thrift, to provide a source of credit at a fair and reasonable rate of interest and to broaden the economic awareness of members through programs of consumer protection.

Filing and Contact Details

Filer

EIN
56-0475645
Raw XML AppendixShowing 400 of 855 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/ActivityOrMissionDescription0AS A FINANCIAL COOPERATIVE OWNED BY OUR MEMBERS, OUR MISSION IS TO IMPROVE THE ECONOMIC LIFE AND SOCIAL CONDITION OF MEMBERS TO ENCOURAGE THRIFT, TO PROVIDE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO BROADEN THE ECONOMIC AWARENESS OF MEMBERS THROUGH PROGRAMS OF CONSUMER PROTECTION.
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IRS990/Description0THE STATE EMPLOYEES' CREDIT UNION IS OWNED BY OUR 1.8 MILLION MEMBERS. SECU PROVIDES SERVICES TO OUR MEMBERS THROUGH 245 BRANCH OFFICES, OVER 1,100 ATMS, 24/7 CONTACT CENTERS AND A WEBSITE - WWW.NCSECU.ORG. AS A CREDIT UNION, MEMBERS DEPOSIT FUNDS INTO SHARE ACCOUNTS WHICH ARE THEN LOANED TO OTHER MEMBERS. THE CREDIT UNION OFFERS SHARE ACCOUNTS OF VARIOUS TYPES: MEMBERSHIP SHARES, SHARE DRAFTS, MONEY MARKET SHARES, IRA SHARES AND SHARE TERM CERTIFICATES. LOANS TO MEMBERS CONSIST OF MORTGAGE, HOME EQUITY, AUTO AND OTHER CONSUMER LOANS. AT JUNE 30, 2012, THERE WERE 469,000 PERSONAL LOANS AND 131,000 FIRST AND SECOND MORTGAGE LOANS OUTSTANDING. THE CREDIT UNION RECEIVED $912,792,785 IN REVENUES FROM INTEREST ON LOANS, INTEREST ON INVESTMENTS AND OTHER NON INTEREST SOURCES DURING THE YEAR ENDING JUNE 30, 2012. THE COST OF PROVIDING SERVICES TO CREDIT UNION MEMBERS WAS $775,578,427 FOR THE YEAR. THE COST OF SERVICES CONSISTS OF INTEREST PAID ON SHARE ACCOUNTS, SALARIES, BUILDING EXPENSES, EQUIPMENT EXPENSES AND OTHER OPERATIONAL EXPENSES.
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IRS990/MissionDescription0AS A FINANCIAL COOPERATIVE OWNED BY OUR MEMBERS, OUR MISSION IS TO IMPROVE THE ECONOMIC LIFE AND SOCIAL CONDITION OF MEMBERS, TO ENCOURAGE THRIFT, TO PROVIDE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO BROADEN THE ECONOMIC AWARENESS OF MEMBERS THROUGH PROGRAMS OF CONSUMER PROTECTION.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0JAMES C BLAINE
IRS990/NbrIndependentVotingMembers011
IRS990/NbrVotingGoverningBodyMembers011
IRS990/NbrVotingMembersGoverningBody011
IRS990/NetAssetsOrFundBalancesBOY01656438789
IRS990/NetAssetsOrFundBalancesEOY01805559738
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IRS990/NetGainOrLossInvestments/TotalRevenueColumn098072518
IRS990/NetUnrelatedBusinessTxblIncome0-30191531
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith10960999999
IRS990/NumberIndependentVotingMembers011
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IRS990/NumberOfContractorsGT100K050
IRS990/NumberOfEmployees04986
IRS990/NumberW2GIncluded00
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IRS990/OfficeExpenses/Total021769860
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
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IRS990/OtherExpenses/Description0PROVISION FOR LOAN LOSS
IRS990/OtherExpenses/Description1EQUIPMENT REPAIR AND MA
IRS990/OtherExpenses/Description2CARD PROCESSING FEES
IRS990/OtherExpenses/Description3NCUSIF INSURANCE EXPENS
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IRS990/OtherExpenses/Total128840148
IRS990/OtherExpenses/Total224920871
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IRS990/OtherRevenuePriorYear00
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IRS990/OtherWebsite0X
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IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
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IRS990/PoliciesReferenceChapters01
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IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenue/BusinessCode2522100
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IRS990/ProgramServiceRevenue/BusinessCode4522100
IRS990/ProgramServiceRevenueCY0800509405
IRS990/ProgramServiceRevenue/Description0INTEREST ON LOANS - RE
IRS990/ProgramServiceRevenue/Description1INTEREST ON PERSONAL L
IRS990/ProgramServiceRevenue/Description2INTERCHANGE FEES
IRS990/ProgramServiceRevenue/Description3NON-MEMBER FEES
IRS990/ProgramServiceRevenue/Description4DEMAND DEPOSIT PROCESS
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IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0504232251
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1150265693
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome280995070
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome313590330
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IRS990/ProgramServiceRevenue/TotalRevenueColumn334544231
IRS990/ProgramServiceRevenue/TotalRevenueColumn413590330
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IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges0-22637640

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$49,625$45,573$4,052$2,176$1,593$583
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$53,195$49,500$3,696$1,663$1,107$556
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50,003$46,095$3,909$1,639$1,207$433
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$45,246$41,541$3,705$1,693$1,486$207
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40,698$37,329$3,368$1,685$1,441$244
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38,468$35,469$2,999$1,501$1,208$294
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36,934$34,100$2,833$1,289$1,078$212
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$33,826$31,192$2,634$1,205$963$243
2015Detailed filing. Detailed filing data is available for this year.$30,876$28,478$2,398$1,089$836$252
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26,799$24,869$1,931$748
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25,097$23,292$1,806$776
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23,061$21,405$1,656$837
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21,038$19,540$1,498$807
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