Civic Intelligence

Commscope Credit Union

990 • Fiscal year 2011 • EIN 56-1515386

Jan 01, 2011 to Dec 31, 2011 • Filed on May 17, 2012

PO Box 19928609
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.84x

Higher debt load relative to assets than 22% of similar nonprofits.

2011 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

29th percentile

0.5%

Faster asset growth than 29% of similar nonprofits.

2011 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$25,234,325

Up $122,185 (+0.5%) from 2010

Net Assets

Down

$4,024,753

Down $188,523 (-4.5%) from 2010

Liabilities

Up

$21,209,572

Up $310,708 (+1.5%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,321,729

Up $185,166 (+16%) from 2010

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.

$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

2011

Assets$25,234,325
Liabilities$21,209,572
Net Assets$4,024,753

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2011

Revenue-
Expenses$1,321,729
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 17, 2012
Return Version
2011v1.2
Gross Receipts
$1,118,780
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.

Major Activities

Activity 2
1,898 member loans totalling $12,391,445 in outstanding loans.
Activity 3
Provided electronic services to members in connection with 4a & 4b.
Filing and Contact Details

Filer

EIN
56-1515386
Raw XML AppendixShowing 400 of 430 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/Description01,898 MEMBER LOANS TOTALLING $12,391,445 IN OUTSTANDING LOANS.
IRS990/Activity3/Description0PROVIDED ELECTRONIC SERVICES TO MEMBERS IN CONNECTION WITH 4A & 4B.
IRS990/ActivityOrMissionDescription0PROVIDE FINANCIAL SERVICES TO THE MEMBERS OF THE CREDIT UNION
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE 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 DECEMBER 31, 2011, THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1ADDITIONAL ACCRUED SALARIES -1,500.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2ADDITIONAL ACCRUED SALARIES 1,500.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XI, LINE 8 - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2PART XIII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
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IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990, PART V, LINE 1C: THERE WERE NO REPORTABLE PAYMENTS WHICH WOULD REQUIRE COMPLIANCE WITH THE BACK UP WITHHOLDING RULES.
IRS990ScheduleO/GeneralExplanation/Explanation1A 990-T IS BEING FILED ONLY TO CLAIM THE SMALL EMPLOYER HEALTH INSURANCE CREDIT ON FORM 8941
IRS990ScheduleO/GeneralExplanation/Explanation2COMMSCOPE CREDIT UNION IS A MEMBER-OWNED, NON-PROFIT COOPERATIVE ORGANIZED UNDER THE LAWS OF THE STATE OF NORTH CAROLINA.
IRS990ScheduleO/GeneralExplanation/Explanation3MEMBERS 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/GeneralExplanation/Explanation4AFTER 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/GeneralExplanation/Explanation5IN 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/GeneralExplanation/Explanation6BOARD 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/GeneralExplanation/Explanation7ALL ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation8NET UNREALIZED GAINS ON INVESTMENTS: 15,926. ADDITIONAL ACCRUED SALARIES -1,500. TOTAL TO FORM 990, PART XI, LINE 5: 14,426.
IRS990ScheduleO/GeneralExplanation/Explanation9THE PROCESS FOR SELECTION AND OVERSIGHT UNDER PART XII, LINE 2C, HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0EXPLANATION FOR NOT FILING FORM 990-T
IRS990ScheduleO/GeneralExplanation/Identifier1CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART V, LINE 3B
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/City1FALLS CHURCH
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IRS990ScheduleR/Form990ScheduleRPartIV/NameOfRelatedOrg/BusinessNameLine10COMMSCOPE INC
IRS990ScheduleR/Form990ScheduleRPartIV/NameOfRelatedOrg/BusinessNameLine11GENERAL DYNAMICS
IRS990ScheduleR/Form990ScheduleRPartIV/PrimaryActivity0MANUFACTURING OF CABLE FOR ELECTRICAL & OPTICAL SYSTEMS
IRS990ScheduleR/Form990ScheduleRPartIV/PrimaryActivity1MANUFACTURING OF AVIATION, MARINE, COMBAT AND INFORMATION SYSTEMS
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IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees00
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NC
IRS990/StatesWhereCopyOfReturnIsFiled0NC
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine106519 COMMSCOPE RD
IRS990/TheBooksAreInCareOf/AddressUS/City0CATAWBA
IRS990/TheBooksAreInCareOf/AddressUS/State0NC
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode028609
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10STEVE VADEN
IRS990/TheBooksAreInCareOf/TelephoneNumber08282416196
IRS990/TotalAssets/BOY025112140
IRS990/TotalAssetsBOY025112140
IRS990/TotalAssets/EOY025234325
IRS990/TotalAssetsEOY025234325
IRS990/TotalCompGT150K00
IRS990/TotalExpensesCurrentYear01321729
IRS990/TotalExpensesPriorYear01136563
IRS990/TotalFunctionalExpenses/Total01321729
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY020898864
IRS990/TotalLiabilitiesBOY020898864
IRS990/TotalLiabilities/EOY021209572
IRS990/TotalLiabilitiesEOY021209572
IRS990/TotalLiabNetAssetsFundBalances/BOY025112140
IRS990/TotalLiabNetAssetsFundBalances/EOY025234325
IRS990/TotalNbrEmployees09
IRS990/TotalNbrVolunteers07
IRS990/TotalNetAssetsFundBalances/BOY04213276
IRS990/TotalNetAssetsFundBalances/EOY04024753
IRS990/TotalOtherCompensation011309
IRS990/TotalOtherRevenue039734
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue01027094
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg081479
IRS990/TotalRevenueCurrentYear01118780
IRS990/TotalRevenue/ExclusionAmount051952
IRS990/TotalRevenuePriorYear01148972
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome01066828
IRS990/TotalRevenue/TotalRevenueColumn01118780
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TypeOfOrganizationOther0X
IRS990/TypeOfOrgOtherDescription0MEMBER-OWNED COOPERATIVE
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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