Civic Intelligence

Commscope Credit Union

EIN 56-1515386 • 501(c)14 • Catawba, NC

Profile

To provide financial services to its members with savings and checking deposit accounts, loans to members and electronic services to members to facilitate financial services.

6519 Comm Scope RoadCatawba, NC 28609

commscopecu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.85x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

16.68x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

52nd percentile

11%

Higher net margin than 52% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

72nd percentile

2.3%

Faster asset growth than 72% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

2.7%

Faster revenue growth than 31% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$30,851,240

Up $681,371 (+2.3%) from 2023

Liabilities

Up

$26,325,823

Up $351,495 (+1.4%) from 2023

Net Assets

Up

$4,525,417

Up $329,876 (+7.9%) from 2023

Revenue

Up

$1,578,750

Up $42,225 (+2.7%) from 2023

Expenses

Up

$1,409,701

Up $191,523 (+16%) from 2023

Net Income

Down

$169,049

Down $149,298 (-47%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2008: $24,252,770Liabilities 2008: $19,869,981Net Assets 2008: $4,382,7892008Assets 2010: $25,112,140Liabilities 2010: $20,898,864Net Assets 2010: $4,213,2762010Assets 2011: $25,234,325Liabilities 2011: $21,209,572Net Assets 2011: $4,024,7532011Assets 2012: $26,042,271Liabilities 2012: $22,080,531Net Assets 2012: $3,961,7402012Assets 2013: $26,023,548Liabilities 2013: $22,771,858Net Assets 2013: $3,251,6902013Assets 2014: $28,021,583Liabilities 2014: $24,453,456Net Assets 2014: $3,568,1272014Assets 2015: $29,780,711Liabilities 2015: $26,002,023Net Assets 2015: $3,778,6882015Assets 2016: $30,549,589Liabilities 2016: $26,582,769Net Assets 2016: $3,966,8202016Assets 2017: $31,152,835Liabilities 2017: $27,025,885Net Assets 2017: $4,126,9502017Assets 2018: $31,082,581Liabilities 2018: $26,773,203Net Assets 2018: $4,309,3782018Assets 2019: $29,771,520Liabilities 2019: $24,955,850Net Assets 2019: $4,815,6702019Assets 2020: $32,573,828Liabilities 2020: $27,554,734Net Assets 2020: $5,019,0942020Assets 2021: $33,115,368Liabilities 2021: $28,251,648Net Assets 2021: $4,863,7202021Assets 2022: $32,744,587Liabilities 2022: $28,853,889Net Assets 2022: $3,890,6982022Assets 2023: $30,169,869Liabilities 2023: $25,974,328Net Assets 2023: $4,195,5412023Assets 2024: $30,851,240Liabilities 2024: $26,325,823Net Assets 2024: $4,525,4172024

Highlighted filing

2024

Assets$30,851,240
Liabilities$26,325,823
Net Assets$4,525,417

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2008: $1,412,3222008Expenses 2010: $1,136,5632010Expenses 2011: $1,321,7292011Expenses 2012: $1,254,5282012Revenue 2013: $1,203,898Expenses 2013: $1,625,873Net Income 2013: -$421,9752013Revenue 2014: $1,222,433Expenses 2014: $1,040,900Net Income 2014: $181,5332014Revenue 2015: $1,250,949Expenses 2015: $1,044,427Net Income 2015: $206,5222015Revenue 2016: $1,278,513Expenses 2016: $1,088,718Net Income 2016: $189,7952016Revenue 2017: $1,334,565Expenses 2017: $1,119,589Net Income 2017: $214,9762017Revenue 2018: $1,387,108Expenses 2018: $1,152,664Net Income 2018: $234,4442018Revenue 2019: $1,417,319Expenses 2019: $1,215,575Net Income 2019: $201,7442019Revenue 2020: $1,279,539Expenses 2020: $1,176,322Net Income 2020: $103,2172020Revenue 2021: $1,213,579Expenses 2021: $1,113,960Net Income 2021: $99,6192021Revenue 2022: $1,302,991Expenses 2022: $1,125,919Net Income 2022: $177,0722022Revenue 2023: $1,536,525Expenses 2023: $1,218,178Net Income 2023: $318,3472023Revenue 2024: $1,578,750Expenses 2024: $1,409,701Net Income 2024: $169,0492024

Highlighted filing

2024

Revenue$1,578,750
Expenses$1,409,701
Net Income$169,049

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$26.3$4.53$1.58$1.41$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$26.0$4.20$1.54$1.22$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$28.9$3.89$1.30$1.13$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.1$28.3$4.86$1.21$1.11$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$27.6$5.02$1.28$1.18$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$25.0$4.82$1.42$1.22$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.1$26.8$4.31$1.39$1.15$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$27.0$4.13$1.33$1.12$0.21
2016Summary only. Only limited summary data is available for this year.$30.5$26.6$3.97$1.28$1.09$0.19
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$26.0$3.78$1.25$1.04$0.21
2014Detailed filing. Detailed filing data is available for this year.$28.0$24.5$3.57$1.22$1.04$0.18
2013Detailed filing. Detailed filing data is available for this year.$26.0$22.8$3.25$1.20$1.63$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$22.1$3.96$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$21.2$4.02$1.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$20.9$4.21$1.14
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$19.9$4.38$1.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$1,578,750
Mission and Program Overview

Mission

To provide financial services to its members with savings and checking deposit accounts, loans to members and electronic services to members to facilitate financial services.

Provide financial services to the members of the credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$14,112,973$15,309,627▲ $1,196,654
Investments Program Related$13,001,463$11,303,654▼ $1,697,809
Rtn Earn Endowment Incm Other Fnds$4,195,541$4,525,417▲ $329,876
Cash and Non-Interest-Bearing Accounts$2,424,807$3,627,248▲ $1,202,441
Savings and Temporary Cash Investments$175,081$175,081→ $0
Accounts Receivable$82,804$81,209▼ $1,595
Land, Buildings, and Equipment, Net$13,145$40,223▲ $27,078
Prepaid Expenses and Deferred Charges$53,217$38,571▼ $14,646
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$30,169,869$30,851,240▲ $681,371
Other Assets Total$306,379$275,627▼ $30,752
Liabilities
Other Liabilities$25,800,522$26,005,668▲ $205,146
Accounts Payable and Accrued Expenses$173,806$320,155▲ $146,349
Total Liabilities$25,974,328$26,325,823▲ $351,495
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,195,541$4,525,417▲ $329,876
Total Liabilities and Net Assets / Fund Balance$30,169,869$30,851,240▲ $681,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,121$324,976$327,097
Other Land Buildings$3,665$288,952$292,617
Equipment$34,437$146,490$180,927
Investment Program Related Org$1,419,424--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marc JacobsonManaging OfficerFT$124,954$8,346$133,300

Board Members and Trustees

NameTitle
Dale SherrillChairperson
Jean GayVice-chairperson
Alexander MeyerDirector
Paul Dale JrDirector
Robert FerberDirector
William Drum JrDirector
Steve VadenManager/CEO
Rose SipeSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,082,377
Investment Income
$450,918
Other Revenue
$45,455
Change in Net Assets
$169,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,578,750
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-160,827
Total Revenue per Audited Statements
$1,417,923
Total Revenue per Form 990
$1,578,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$782,486
Salaries, Compensation, and Employee Benefits$627,215
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$383,715
Interest---$296,484
Fees for Services Other---$131,871
Current Officers, Directors, Trustees, and Key Employees---$130,128
All Other Expenses---$116,130
Other Employee Benefits---$45,907
Payroll Taxes---$39,157
Fees for Services Accounting---$28,500
Pension Plan Contributions---$28,308
Information Technology---$21,925
Other Expenses---$21,102
Office Expenses---$19,394
Depreciation Depletion---$16,708
Travel---$10,800
Advertising---$3,208
Fees for Services Legal---$3,000
Total Functional Expenses$0$0$0$1,409,701

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,409,701
Total Expenses per Audited Statements$1,409,701
Total Expenses per Form 990$1,409,701
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares/deposits$26,005,668
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Cs credit union is a member-owned, non-profit cooperative organized under the laws of the state of north carolina.

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

Members are eligible to vote during board elections. All members of the governing body are elected by the membership with staggered 3 year terms once a year at the annual meeting.

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

After the 990 is prepared, it is reviewed by the manager and board of directors prior to filing. The board votes acceptance during the next regularly scheduled board meeting.

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

In the event of a conflict of interest during a board vote or discussion, the board member with the conflict recuses himself/herself from the vote or discussion.

Form 990, Part VI, Section B, Line 15

Board of directors review the manager's overall job performance and measure performance against objectives to determine overall performance rating. Merit increase is determined by performance rating, and comparable industry data for the position, following established guidelines for salary grade level requirements.

Form 990, Part VI, Section C, Line 19

All are available upon written request.

Filing and Contact Details

Filer

Filer Name
Cs Credit Union
EIN
56-1515386
Phone
8282416196
Address
6519 COMM SCOPE ROAD, CATAWBA, NC 28609

Signing Officer

Name
Dale Sherrill
Title
Chairperson
Phone
8282416196
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Sherrill
Formed
1986
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
12

Preparer

Firm
Davidson Holland Whitesell & Co Pllc
Address
209 13TH AVE PLACE NW SUITE 200, HICKORY, NC 28601
Preparer
Matthew Mckinney
Phone
8283222070
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1C

There were no reportable payments which would require compliance with the back up withholding rules.

Form 990, Part IX, Line 11G

Outside services fee 130,286. Nccul share draft fees 1,585.

Form 990, Part XII, Line 2C

The process for selection and oversight under part xii, line 2c, has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

The credit union has implemented the new accounting requirements associated with uncertainty in income taxes using the provisions of financial accounts standards board asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-than-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of the end of the current and prior year, the credit union has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 437 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.

Path#Value
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IRS990/ActivityOrMissionDesc0PROVIDE FINANCIAL SERVICES TO THE MEMBERS OF THE CREDIT UNION
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS WITH SAVINGS AND CHECKING DEPOSIT ACCOUNTS, LOANS TO MEMBERS AND ELECTRONIC SERVICES TO MEMBERS TO FACILITATE FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04195541
IRS990/NetAssetsOrFundBalancesEOYAmt04525417
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0160827
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt019394
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0306379
IRS990/OtherAssetsTotalGrp/EOYAmt0275627
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045907
IRS990/OtherExpensesGrp/Desc0CREDIT CARD EXPENSES
IRS990/OtherExpensesGrp/Desc1PROVISION LOAN LOSS
IRS990/OtherExpensesGrp/Desc2SURETY BOND
IRS990/OtherExpensesGrp/Desc3FURN/EQUIP MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt054928
IRS990/OtherExpensesGrp/TotalAmt130000
IRS990/OtherExpensesGrp/TotalAmt228436
IRS990/OtherExpensesGrp/TotalAmt321102
IRS990/OtherLiabilitiesGrp/BOYAmt025800522
IRS990/OtherLiabilitiesGrp/EOYAmt026005668
IRS990/OtherOrganizationDsc0MEMBER-OWNED COOPERATIVE
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS OPERATIN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt045455
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt045455
IRS990/OtherRevenueTotalAmt045455
IRS990/OtherSalariesAndWagesGrp/TotalAmt0383715
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt014112973
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt015309627
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt039157
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt028308
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053217
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038571
IRS990/PrincipalOfficerNm0DALE SHERRILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0941489
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1140888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0941489
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1140888
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0518953
IRS990/PYOtherExpensesAmt0603196
IRS990/PYOtherRevenueAmt08228
IRS990/PYProgramServiceRevenueAmt01009344
IRS990/PYRevenuesLessExpensesAmt0318347
IRS990/PYSalariesCompEmpBnftPaidAmt0614982
IRS990/PYTotalExpensesAmt01218178
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01536525
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0169049
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04195541
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04525417
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0175081
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0175081
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02121
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0324976
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0327097
IRS990ScheduleD/EquipmentGrp/BookValueAmt034437
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146490
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0180927
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01409701
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04472950
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15411280
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21419424
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1FEDERAL NATIONAL MORTGAGE ASSOCIATION SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2U.S. GOVERNMENT BONDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-160827
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03665
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0288952
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0292617
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026005668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES/DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-160827
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01578750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS IMPLEMENTED THE NEW ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTS STANDARDS BOARD ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-THAN-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF THE END OF THE CURRENT AND PRIOR YEAR, THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040223
IRS990ScheduleD/TotalBookValueProgramRltdAmt011303654
IRS990ScheduleD/TotalExpensesPerForm990Amt01409701
IRS990ScheduleD/TotalLiabilityAmt026005668
IRS990ScheduleD/TotalRevenuePerForm990Amt01578750
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01417923
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01409701
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WERE NO REPORTABLE PAYMENTS WHICH WOULD REQUIRE COMPLIANCE WITH THE BACK UP WITHHOLDING RULES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CS CREDIT UNION IS A MEMBER-OWNED, NON-PROFIT COOPERATIVE ORGANIZED UNDER THE LAWS OF THE STATE OF NORTH CAROLINA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE ELIGIBLE TO VOTE DURING BOARD ELECTIONS. ALL MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERSHIP WITH STAGGERED 3 YEAR TERMS ONCE A YEAR AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER THE 990 IS PREPARED, IT IS REVIEWED BY THE MANAGER AND BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD VOTES ACCEPTANCE DURING THE NEXT REGULARLY SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN THE EVENT OF A CONFLICT OF INTEREST DURING A BOARD VOTE OR DISCUSSION, THE BOARD MEMBER WITH THE CONFLICT RECUSES HIMSELF/HERSELF FROM THE VOTE OR DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS REVIEW THE MANAGER'S OVERALL JOB PERFORMANCE AND MEASURE PERFORMANCE AGAINST OBJECTIVES TO DETERMINE OVERALL PERFORMANCE RATING. MERIT INCREASE IS DETERMINED BY PERFORMANCE RATING, AND COMPARABLE INDUSTRY DATA FOR THE POSITION, FOLLOWING ESTABLISHED GUIDELINES FOR SALARY GRADE LEVEL REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OUTSIDE SERVICES FEE 130,286. NCCUL SHARE DRAFT FEES 1,585.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS FOR SELECTION AND OVERSIGHT UNDER PART XII, LINE 2C, HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 1C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANUFACTURING OF CABLE FOR ELECTRICAL & OPTICAL SYSTEMS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1MANUFACTURING OF SATELLITE COMMUNCATIONS, ANTENNA SYSTEMS, AND RADIO PRODUCT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COMMSCOPE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CPI SATCOM & ANTENNA TECHNOLOGIES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01100 COMMSCOPE PLACE SE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11700 CABLE DRIVE NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0HICKORY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1CONOVER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd028602
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd128613
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt030169869
IRS990/TotalAssetsEOYAmt030851240
IRS990/TotalAssetsGrp/BOYAmt030169869
IRS990/TotalAssetsGrp/EOYAmt030851240
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/TotalAmt01409701
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025974328
IRS990/TotalLiabilitiesEOYAmt026325823
IRS990/TotalLiabilitiesGrp/BOYAmt025974328
IRS990/TotalLiabilitiesGrp/EOYAmt026325823
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04195541
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04525417
IRS990/TotalOtherCompensationAmt08346
IRS990/TotalProgramServiceRevenueAmt01082377
IRS990/TotalReportableCompFromOrgAmt0124954
IRS990/TotalRevenueGrp/ExclusionAmt0450918
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01127832
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01578750
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030169869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030851240
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010800
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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