Civic Intelligence

Macon Fireman'S Credit Union

990 • Fiscal year 2020 • EIN 58-0689507

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 10, 2021

899 Oglethorpe StreetMacon, GA 31217

(478) 741-4006

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.72x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

26th percentile

12.24x

Higher debt load relative to revenue than 26% of similar nonprofits.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

4.7%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$54,850

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2020

Asset Growth

26th percentile

1.0%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

-5.0%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,776,289

Up $46,909 (+1.0%) from 2019

Net Assets

Up

$1,357,529

Up $13,214 (+1.0%) from 2019

Liabilities

Up

$3,418,760

Up $33,695 (+1.0%) from 2019

Revenue

Down

$279,364

Down $14,718 (-5.0%) from 2019

Expenses

Down

$266,150

Down $10,354 (-3.7%) from 2019

Net Income

Down

$13,214

Down $4,364 (-25%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $3,757,768Liabilities 2011: $2,866,623Net Assets 2011: $891,1452011Assets 2012: $4,456,829Liabilities 2012: $3,457,989Net Assets 2012: $998,8402012Assets 2013: $4,600,245Liabilities 2013: $3,561,373Net Assets 2013: $1,038,8722013Assets 2014: $4,665,710Liabilities 2014: $3,537,127Net Assets 2014: $1,128,5832014Assets 2015: $4,565,218Liabilities 2015: $3,346,350Net Assets 2015: $1,218,8682015Assets 2016: $4,669,494Liabilities 2016: $3,414,430Net Assets 2016: $1,255,0642016Assets 2017: $4,852,288Liabilities 2017: $3,556,992Net Assets 2017: $1,295,2962017Assets 2018: $4,927,055Liabilities 2018: $3,600,318Net Assets 2018: $1,326,7372018Assets 2019: $4,729,380Liabilities 2019: $3,385,065Net Assets 2019: $1,344,3152019Assets 2020: $4,776,289Liabilities 2020: $3,418,760Net Assets 2020: $1,357,5292020Assets 2021: $5,257,201Liabilities 2021: $3,884,971Net Assets 2021: $1,372,2302021Assets 2022: $5,419,779Liabilities 2022: $4,023,429Net Assets 2022: $1,396,3502022Assets 2023: $5,021,195Liabilities 2023: $3,574,295Net Assets 2023: $1,446,9002023Assets 2024: $4,956,465Liabilities 2024: $3,493,279Net Assets 2024: $1,463,1862024

Highlighted filing

2020

Assets$4,776,289
Liabilities$3,418,760
Net Assets$1,357,529

Operations Trend

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

$600K$400K$200K$0Expenses 2011: $217,9732011Expenses 2012: $201,0482012Revenue 2013: $297,916Expenses 2013: $254,728Net Income 2013: $43,1882013Revenue 2014: $295,008Expenses 2014: $205,297Net Income 2014: $89,7112014Revenue 2015: $299,244Expenses 2015: $208,959Net Income 2015: $90,2852015Revenue 2016: $264,737Expenses 2016: $242,120Net Income 2016: $22,6172016Revenue 2017: $256,135Expenses 2017: $215,903Net Income 2017: $40,2322017Revenue 2018: $535,981Expenses 2018: $248,843Net Income 2018: $287,1382018Revenue 2019: $294,082Expenses 2019: $276,504Net Income 2019: $17,5782019Revenue 2020: $279,364Expenses 2020: $266,150Net Income 2020: $13,2142020Revenue 2021: $249,646Expenses 2021: $234,945Net Income 2021: $14,7012021Revenue 2022: $277,427Expenses 2022: $253,307Net Income 2022: $24,1202022Revenue 2023: $331,628Expenses 2023: $281,078Net Income 2023: $50,5502023Revenue 2024: $354,843Expenses 2024: $333,053Net Income 2024: $21,7902024

Highlighted filing

2020

Revenue$279,364
Expenses$266,150
Net Income$13,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 10, 2021
Return Version
2020v4.1
Gross Receipts
$279,364
Mission and Program Overview

Mission

Provide financial services to the various members of the organization including loans and deposit accounts.

State chartered financial institution providing financial services to various members including loan and deposit accounts functioning as a state chartered member served credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,916,703$2,881,754▼ $34,949
Investments Program Related$1,490,806$1,666,780▲ $175,974
Rtn Earn Endowment Incm Other Fnds$1,344,315$1,357,529▲ $13,214
Savings and Temporary Cash Investments$263,741$164,607▼ $99,134
Land, Buildings, and Equipment, Net$47,142$50,052▲ $2,910
Cash and Non-Interest-Bearing Accounts$0--
Total Assets$4,729,380$4,776,289▲ $46,909
Other Assets Total$10,988$13,096▲ $2,108
Liabilities
Other Liabilities$3,378,414$3,414,927▲ $36,513
Accounts Payable and Accrued Expenses$6,651$3,833▼ $2,818
Total Liabilities$3,385,065$3,418,760▲ $33,695
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,344,315$1,357,529▲ $13,214
Total Liabilities and Net Assets / Fund Balance$4,729,380$4,776,289▲ $46,909

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,666,780--
Buildings$30,775$48,553-
Land$19,165--
Equipment$112$63,207-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda HarwickManagerFT$54,850$54,850
Pat SmithAssistant ManagerFT$26,500$26,500

Board Members and Trustees

NameTitle
Rob FullerPresident/chairman of Board
Maurice D DavidsonSupervisory Committee Chairman
Billy Ray DanielsDirector
Daniel Angelo JrDirector
Fernandito Laconico IiiDirector
Ferrell CromerDirector
James BivinsDirector
Willie F WilliamsSecretary/treasurer-supervisory Committee
Jeff SandersSupervisory Committee
Lisa Holmes-hughesSupervisory Committee
Shane EdwardsSupervisory Committee
Todd AlligoodSupervisory Committee
Michael WilliamsonVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$235,431
Investment Income
$25,689
Other Revenue
$18,244
Change in Net Assets
$13,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,921
Salaries, Compensation, and Employee Benefits$101,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$81,350$0$81,350
Interest$0$36,472$0$36,472
Office Expenses$0$36,393$0$36,393
Other Employee Benefits$0$19,879$0$19,879
Occupancy$0$16,880$0$16,880
Advertising$0$13,107$0$13,107
Other Expenses$0$10,272$0$10,272
Travel$0$9,819$0$9,819
Fees for Services Accounting$0$5,513$0$5,513
Fees for Services Legal$0$3,056$0$3,056
Total Functional Expenses$0$266,150$0$266,150
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
Other Liabilities$3,414,927
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
MACON FIREMAN'S CREDIT UNION
EIN
58-0689507
Phone
4787414006
Address
899 OGLETHORPE STREET, MACON, GA 31217

Signing Officer

Name
Linda Harwick
Title
Manager
Phone
4787414006
Signed
2021-06-10

Organization Details

Principal Officer
Linda Hardwick
Formed
1942
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Firm
Stephen J Smith
Address
2529 CANYON CREEK TRL E, JACKSONVILLE, FL 32246
Preparer
Stephen J Smith
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

Election of members and their rights.

Pt VI, Line 7B

Decisions subject to approval of members

Pt VI, Line 11B

The manager and the audit committee chairman review these forms for accuracy.

Pt VI, Line 19

Documents supporting the financial well being of the state of ga.

Pt XII, Line 2C

Documents posted on a montnly basis.

Pt VI, Line 6

The organization is comprised of members.

Pt VI, Line 12C

COMMITTE REVIEWS.

Pt VI, Line 15A

The credit union has a committe who researchs.

Pt VI, Line 15B

The credit union has a committe who researchs.

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IRS990/OtherAssetsTotalGrp/BOYAmt010988
IRS990/OtherAssetsTotalGrp/EOYAmt013096
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019879
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019879
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1REGULATORY FEES
IRS990/OtherExpensesGrp/Desc2MISC. EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13409
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210272
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt030000
IRS990/OtherExpensesGrp/TotalAmt13409
IRS990/OtherExpensesGrp/TotalAmt210272
IRS990/OtherLiabilitiesGrp/BOYAmt03378414
IRS990/OtherLiabilitiesGrp/EOYAmt03414927
IRS990/OtherRevenueTotalAmt018244
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02916703
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02881754
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LINDA HARDWICK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST AND LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0235431
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE LOAN AND DEPOSIT FUNCTION TO MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt040021
IRS990/PYOtherExpensesAmt0181616
IRS990/PYOtherRevenueAmt019873
IRS990/PYProgramServiceRevenueAmt0234188
IRS990/PYRevenuesLessExpensesAmt017578
IRS990/PYSalariesCompEmpBnftPaidAmt094888
IRS990/PYTotalExpensesAmt0276504
IRS990/PYTotalRevenueAmt0294082
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013214
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01344315
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01357529
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0263741
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0164607
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt030775
IRS990ScheduleD/BuildingsGrp/DepreciationAmt048553
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt079328
IRS990ScheduleD/EquipmentGrp/BookValueAmt0112
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063207
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt063319
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01666780
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt019165
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt019165
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03414927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050052
IRS990ScheduleD/TotalBookValueProgramRltdAmt01666780
IRS990ScheduleD/TotalLiabilityAmt03414927
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF MEMBERS AND THEIR RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGER AND THE AUDIT COMMITTEE CHAIRMAN REVIEW THESE FORMS FOR ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS SUPPORTING THE FINANCIAL WELL BEING OF THE STATE OF GA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS POSTED ON A MONTNLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS COMPRISED OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMMITTE REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CREDIT UNION HAS A COMMITTE WHO RESEARCHS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE CREDIT UNION HAS A COMMITTE WHO RESEARCHS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04729380
IRS990/TotalAssetsEOYAmt04776289
IRS990/TotalAssetsGrp/BOYAmt04729380
IRS990/TotalAssetsGrp/EOYAmt04776289
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0266150
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266150
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03385065
IRS990/TotalLiabilitiesEOYAmt03418760
IRS990/TotalLiabilitiesGrp/BOYAmt03385065
IRS990/TotalLiabilitiesGrp/EOYAmt03418760
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01344315
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01357529
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0235431
IRS990/TotalReportableCompFromOrgAmt081350
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0279364
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0279364
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04729380
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04776289
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09819
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt09819
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0899 N OGLETHORPE STREET
IRS990/USAddress/CityNm0MACON
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031217
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$3.49$1.46$0.35$0.33$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$3.57$1.45$0.33$0.28$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.42$4.02$1.40$0.28$0.25$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$3.88$1.37$0.25$0.23$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.78$3.42$1.36$0.28$0.27$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$3.39$1.34$0.29$0.28$0.02
2018Summary only. Only limited summary data is available for this year.$4.93$3.60$1.33$0.54$0.25$0.29
2017Summary only. Only limited summary data is available for this year.$4.85$3.56$1.30$0.26$0.22$0.04
2016Summary only. Only limited summary data is available for this year.$4.67$3.41$1.26$0.26$0.24$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$3.35$1.22$0.30$0.21$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.67$3.54$1.13$0.30$0.21$0.09
2013Detailed filing. Detailed filing data is available for this year.$4.60$3.56$1.04$0.30$0.25$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$3.46$1.00$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$2.87$0.89$0.22