Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
990 • Fiscal year 2015 • EIN 57-6020340
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
23rd percentile
Higher top officer pay than 23% of similar nonprofits.
Top officer pay equals 1.7% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Assets
Up$144,661,279
Up $11,054,265 (+8.3%) from 2014
Net Assets
Down$10,848,854
Down $269,971 (-2.4%) from 2014
Liabilities
Up$133,812,425
Up $11,324,236 (+9.2%) from 2014
Revenue
Up$8,858,356
Up $594,475 (+7.2%) from 2014
Expenses
Up$8,431,121
Up $429,595 (+5.4%) from 2014
Net Income
Up$427,235
Up $164,880 (+63%) from 2014
State chartered credit union
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $84,650,369 | $85,734,320 | ▲ $1,083,951 |
| Savings and Temporary Cash Investments | $12,918,250 | $18,339,048 | ▲ $5,420,798 |
| Investments in Publicly Traded Securities | $14,083,463 | $17,665,744 | ▲ $3,582,281 |
| Rtn Earn Endowment Incm Other Fnds | $11,118,825 | $10,848,854 | ▼ $269,971 |
| Cash and Non-Interest-Bearing Accounts | $8,700,719 | $9,183,709 | ▲ $482,990 |
| Land, Buildings, and Equipment, Net | $3,722,652 | $3,742,161 | ▲ $19,509 |
| Total Assets | $133,607,014 | $144,661,279 | ▲ $11,054,265 |
| Other Assets Total | $9,531,561 | $9,996,297 | ▲ $464,736 |
| Liabilities | |||
| Other Liabilities | $121,189,139 | $131,609,018 | ▲ $10,419,879 |
| Accounts Payable and Accrued Expenses | $1,136,361 | $2,000,729 | ▲ $864,368 |
| Escrow Account Liability | $162,689 | $202,678 | ▲ $39,989 |
| Total Liabilities | $122,488,189 | $133,812,425 | ▲ $11,324,236 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $11,118,825 | $10,848,854 | ▼ $269,971 |
| Total Liabilities and Net Assets / Fund Balance | $133,607,014 | $144,661,279 | ▲ $11,054,265 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,756,783 | $5,810,218 | $7,567,001 |
| Equipment | $636,795 | $3,305,946 | $3,942,741 |
| Land | $1,228,339 | - | $1,228,339 |
| Other Land Buildings | $120,244 | - | $120,244 |
| Other Assets Org | $275,438 | - | - |
| Name | Title | Base | Total |
|---|---|---|---|
| William Varn | President/ce | $149,445 | $149,445 |
| William Varn | President/CEO | $149,445 | $149,445 |
| Linda Weatherford | President/ce | $92,636 | $92,636 |
| Name | Title |
|---|---|
| Travis Walters | Chairman |
| Frank Benson | Vice Chairma |
| Helen Sherrill | Board Member |
| Mark Burns | Board Member |
| Pansy Howell | Board Member |
| Sylvester Wilson | Board Member |
| Jimmy Shelly | Secretary/tr |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,791,876 |
| Salaries, Compensation, and Employee Benefits | $3,639,245 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $2,894,424 |
| Office Expenses | - | - | - | $998,565 |
| Other Employee Benefits | - | - | - | $488,483 |
| Depreciation Depletion | - | - | - | $421,103 |
| Interest | - | - | - | $353,423 |
| Occupancy | - | - | - | $285,670 |
| Payroll Taxes | - | - | - | $214,334 |
| Advertising | - | - | - | $196,764 |
| Conferences and Meetings | - | - | - | $99,637 |
| Fees for Services Accounting | - | - | - | $50,213 |
| Pension Plan Contributions | - | - | - | $42,004 |
| Insurance | - | - | - | $18,700 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $17,861 |
| Other Expenses | - | - | - | $12,844 |
| Fees for Services Legal | - | - | - | $11,627 |
| Total Functional Expenses | $0 | $0 | $0 | $8,431,121 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $8,431,121 |
| Total Expenses per Audited Statements | $8,431,121 |
| Total Expenses per Form 990 | $8,431,121 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Shares | $131,609,018 |
“Spc cooperative credit union's field of membership includes anyone who lives, works or attends school in darlington, florence or marlboro counties. Spc also serves employee groups in the hartsville, darlington and bennettsville area, as well as the employees of sonoco products company and its affiliates throughout the united states. In addition, any person related by blood or marriage to a current spc member, regardless of employment or residence, may join the credit union.”
“At the credit union's annual meetings, the membership elects the board of directors.”
“The organization reviews the form 990 to ensure that there are no omissions or misstatements.”
“The policy is reviewed and updated annually to ensure compliance.”
“The compensation committee along with the board of directors approve the ceo's, vice president's and the cfo's salaries.”
“Employees are given evaluations before they receive salary increases. These increases are approved by the compensation committee and the board of directors.”
“Governing documents are available to the public upon request. Persons may come into one of the credit union's branches and request a copy of any of our governing documents. Some documents are posted in the branch lobbies.”
“Change in gain (loss) in pension plan -695,507 other comprehensive loss -1,699 total -697,206”
“The credit union holds escrow accounts for first mortgages (third party and in-house). The credit union pays for the service.”
“Book difference -880 book / tax depreciation difference 880”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1136361 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2000729 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | STATE CHARTERED CREDIT UNION |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 196764 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | BILLY BYRD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8433830090 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 204 N FIFTH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HARTSVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29550 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 8700719 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 9183709 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 99637 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 326915 |
| IRS990/CYOtherExpensesAmt | 0 | 4791876 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 8531441 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 427235 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3639245 |
| IRS990/CYTotalExpensesAmt | 0 | 8431121 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 8858356 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 421103 |
| IRS990/Desc | 0 | DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 74 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 162689 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 202678 |
| IRS990/ExpenseAmt | 0 | 8431121 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 50213 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11627 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 17861 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRANK BENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARK BURNS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PANSY HOWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JIMMY SHELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | HELEN SHERRILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TRAVIS WALTERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SYLVESTER WILSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | LINDA WEATHERFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WILLIAM VARN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 92636 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 149445 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT/CE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT/CE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1941 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | true |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 8858356 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 18700 |
| IRS990/InterestGrp/TotalAmt | 0 | 353423 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 326915 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 326915 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 14083463 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 17665744 |
| IRS990/IRPDocumentCnt | 0 | 3350 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9116164 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3722652 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3742161 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12858325 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | STATE CHARTERED CREDIT UNION |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 11118825 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 10848854 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 285670 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 998565 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 9531561 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9996297 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -697206 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 488483 |
| IRS990/OtherExpensesGrp/Desc | 0 | MEMBER SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER OPERATING EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | LOSS ON IMPAIRMENT OF INV |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1679438 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 546915 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 99116 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 12844 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 121189139 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 131609018 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2894424 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 84650369 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 85734320 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 214334 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 42004 |
| IRS990/PoliciesReferenceChaptersInd | 0 | true |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | LINDA WEATHERFORD |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEES AND SERVICE CHARGES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5015357 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2214513 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1301571 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 5015357 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 2214513 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1301571 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 223169 |
| IRS990/PYOtherExpensesAmt | 0 | 4466123 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 8040712 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 262355 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3535403 |
| IRS990/PYTotalExpensesAmt | 0 | 8001526 |
| IRS990/PYTotalRevenueAmt | 0 | 8263881 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 427235 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 11118825 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 10848854 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 12918250 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 18339048 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1756783 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 5810218 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7567001 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 636795 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 3305946 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 3942741 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 8431121 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | true |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1228339 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1228339 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 9720859 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 275438 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OTHER ASSETS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 120244 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 120244 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 131609018 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SHARES |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 8858356 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION HOLDS ESCROW ACCOUNTS FOR FIRST MORTGAGES (THIRD PARTY AND IN-HOUSE). THE CREDIT UNION PAYS FOR THE SERVICE. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK DIFFERENCE -880 BOOK / TAX DEPRECIATION DIFFERENCE 880 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART IV, LINE 2B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3742161 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 9996297 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 8431121 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 131609018 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 8858356 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 8858356 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 8431121 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 149445 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | WILLIAM VARN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 149445 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SPC COOPERATIVE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES ANYONE WHO LIVES, WORKS OR ATTENDS SCHOOL IN DARLINGTON, FLORENCE OR MARLBORO COUNTIES. SPC ALSO SERVES EMPLOYEE GROUPS IN THE HARTSVILLE, DARLINGTON AND BENNETTSVILLE AREA, AS WELL AS THE EMPLOYEES OF SONOCO PRODUCTS COMPANY AND ITS AFFILIATES THROUGHOUT THE UNITED STATES. IN ADDITION, ANY PERSON RELATED BY BLOOD OR MARRIAGE TO A CURRENT SPC MEMBER, REGARDLESS OF EMPLOYMENT OR RESIDENCE, MAY JOIN THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE POLICY IS REVIEWED AND UPDATED ANNUALLY TO ENSURE COMPLIANCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE COMPENSATION COMMITTEE ALONG WITH THE BOARD OF DIRECTORS APPROVE THE CEO'S, VICE PRESIDENT'S AND THE CFO'S SALARIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EMPLOYEES ARE GIVEN EVALUATIONS BEFORE THEY RECEIVE SALARY INCREASES. THESE INCREASES ARE APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ONE OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. SOME DOCUMENTS ARE POSTED IN THE BRANCH LOBBIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CHANGE IN GAIN (LOSS) IN PENSION PLAN -695,507 OTHER COMPREHENSIVE LOSS -1,699 TOTAL -697,206 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 133607014 |
| IRS990/TotalAssetsEOYAmt | 0 | 144661279 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 133607014 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 144661279 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 74 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 8431121 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 122488189 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 133812425 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 122488189 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 133812425 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 11118825 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 10848854 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 8431121 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 8531441 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 242081 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 326915 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8531441 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 8858356 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 133607014 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 144661279 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 1355 |
| IRS990/USAddress/CityNm | 0 | HARTSVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29551 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SPCCU.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LINDA WEATHERFORD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8433830090 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPC COOPERATIVE CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPCC |
| ReturnHeader/Filer/EIN | 0 | 576020340 |
| ReturnHeader/Filer/PhoneNum | 0 | 8433830090 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 1355 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HARTSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29551 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 570568919 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CANTEY TILLER PIERCE & GREEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 862 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CAMDEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29021 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8034321436 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-05-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JANET M PIERCE |
| ReturnHeader/ReturnTs | 0 | 2016-05-17T15:07:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.