Civic Intelligence

1St Choice Credit Union

EIN 58-6035220 • 501(c)14 • Atlanta, GA

View Organization Page

Profile

1st choice credit union is a not for profit cooperative (owned by the members), financial institution organized to promote thrift and provide credit to members at better rates than those available from other sources.

315 Auburn AvenueAtlanta, GA 30303

www.1stchoicecu.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.91x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

10.80x

Higher debt load relative to revenue than 17% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2023

Net Margin

31st percentile

3.2%

Higher net margin than 31% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

77th percentile

$156,583

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2023

Asset Growth

74th percentile

4.1%

Faster asset growth than 74% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

16%

Faster revenue growth than 72% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$40,163,724

Up $1,596,908 (+4.1%) from 2022

Liabilities

Up

$36,689,343

Up $1,642,785 (+4.7%) from 2022

Net Assets

Down

$3,474,381

Down $45,877 (-1.3%) from 2022

Operations
Liabilities / Revenue17th percentileNet Margin31st percentile

Revenue

Up

$3,398,540

Up $469,033 (+16%) from 2022

Expenses

Up

$3,289,664

Up $1,015,885 (+45%) from 2022

Net Income

Down

$108,876

Down $546,852 (-83%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

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

$60M$40M$20M$0Assets 2010: $21,111,413Liabilities 2010: $17,929,504Net Assets 2010: $3,181,9092010Assets 2011: $3,181,909Liabilities 2011: $0Net Assets 2011: $3,181,9092011Assets 2012: $3,182,910Liabilities 2012: $0Net Assets 2012: $3,182,9102012Assets 2013: $3,182,910Liabilities 2013: $0Net Assets 2013: $3,182,9102013Assets 2014: $20,991,554Liabilities 2014: $18,242,028Net Assets 2014: $2,749,5262014Assets 2015: $21,569,189Liabilities 2015: $18,724,476Net Assets 2015: $2,844,7132015Assets 2016: $22,736,376Liabilities 2016: $19,834,679Net Assets 2016: $2,901,6972016Assets 2017: $23,545,004Liabilities 2017: $20,931,311Net Assets 2017: $2,613,6932017Assets 2018: $24,777,856Liabilities 2018: $22,410,601Net Assets 2018: $2,367,2552018Assets 2019: $25,155,828Liabilities 2019: $22,837,537Net Assets 2019: $2,318,2912019Assets 2020: $31,721,353Liabilities 2020: $29,481,655Net Assets 2020: $2,239,6982020Assets 2021: $36,322,737Liabilities 2021: $33,514,604Net Assets 2021: $2,808,1332021Assets 2022: $38,566,816Liabilities 2022: $35,046,558Net Assets 2022: $3,520,2582022Assets 2023: $40,163,724Liabilities 2023: $36,689,343Net Assets 2023: $3,474,3812023

Highlighted filing

2023

Assets$40,163,724
Liabilities$36,689,343
Net Assets$3,474,381
Open 2023 Filing

Operations Trend

Revenue Growth72nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,415,5902010Expenses 2011: $02011Revenue 2012: $1,001Expenses 2012: $0Net Income 2012: $1,0012012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,611,083Expenses 2014: $1,627,247Net Income 2014: -$16,1642014Revenue 2015: $1,545,289Expenses 2015: $1,450,102Net Income 2015: $95,1872015Revenue 2016: $1,529,588Expenses 2016: $1,472,604Net Income 2016: $56,9842016Revenue 2017: $1,538,403Expenses 2017: $1,826,407Net Income 2017: -$288,0042017Revenue 2018: $1,600,147Expenses 2018: $1,808,585Net Income 2018: -$208,4382018Revenue 2019: $1,718,263Expenses 2019: $1,767,227Net Income 2019: -$48,9642019Revenue 2020: $1,887,301Expenses 2020: $1,965,894Net Income 2020: -$78,5932020Revenue 2021: $2,831,843Expenses 2021: $2,263,406Net Income 2021: $568,4372021Revenue 2022: $2,929,507Expenses 2022: $2,273,779Net Income 2022: $655,7282022Revenue 2023: $3,398,540Expenses 2023: $3,289,664Net Income 2023: $108,8762023

Highlighted filing

2023

Revenue$3,398,540
Expenses$3,289,664
Net Income$108,876
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,163,724
Liabilities
$36,689,343
Net assets
$3,474,381
Revenue
$3,398,540
Expenses
$3,289,664
Net income
$108,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$40.2$36.7$3.47$3.40$3.29$0.11
2022Detailed filing. Detailed filing data is available for this year.$38.6$35.0$3.52$2.93$2.27$0.66
2021Detailed filing. Detailed filing data is available for this year.$36.3$33.5$2.81$2.83$2.26$0.57
2020Detailed filing. Detailed filing data is available for this year.$31.7$29.5$2.24$1.89$1.97$0.08
2019Detailed filing. Detailed filing data is available for this year.$25.2$22.8$2.32$1.72$1.77$0.05
2018Detailed filing. Detailed filing data is available for this year.$24.8$22.4$2.37$1.60$1.81$0.21
2017Summary only. Only limited summary data is available for this year.$23.5$20.9$2.61$1.54$1.83$0.29
2016Summary only. Only limited summary data is available for this year.$22.7$19.8$2.90$1.53$1.47$0.06
2015Summary only. Only limited summary data is available for this year.$21.6$18.7$2.84$1.55$1.45$0.10
2014Detailed filing. Detailed filing data is available for this year.$21.0$18.2$2.75$1.61$1.63$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$3.18$0.00$3.18$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.00$3.18$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$17.9$3.18$2.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$3,398,540
Mission and Program Overview

Mission

1st choice credit union is a not for profit cooperative (owned by the members), financial institution organized to promote thrift and provide credit to members at better rates than those available from other sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,225,372$27,145,858▲ $4,920,486
Investments Program Related$12,598,500$10,061,817▼ $2,536,683
Rtn Earn Endowment Incm Other Fnds$3,520,258$3,474,381▼ $45,877
Land, Buildings, and Equipment, Net$1,459,723$1,460,749▲ $1,026
Cash and Non-Interest-Bearing Accounts$985,116$420,243▼ $564,873
Prepaid Expenses and Deferred Charges$93,797$142,042▲ $48,245
Investments Other Securities$22,285$22,285→ $0
Total Assets$38,566,816$40,163,724▲ $1,596,908
Other Assets Total$1,182,023$910,730▼ $271,293
Liabilities
Other Liabilities$35,200,447$36,654,001▲ $1,453,554
Accounts Payable and Accrued Expenses$-153,889$35,342▲ $189,231
Total Liabilities$35,046,558$36,689,343▲ $1,642,785
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,520,258$3,474,381▼ $45,877
Total Liabilities and Net Assets / Fund Balance$38,566,816$40,163,724▲ $1,596,908

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,304,563$591,001$1,895,564
Equipment$11,181$874,733$885,914
Land$145,000-$145,000
Leasehold Improvements$5$34,879$34,884
Investment Program Related Org$4,815,817--
Other Assets Org$90,349--
Other Securities$22,285--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleBaseTotal
Dina HairstonCOO$156,583$156,583
Claudie JohnsonCEO$46,623$46,623

Board Members and Trustees

NameTitle
Howard MosbyChairman of the Board
Reginald LindsayCredit Committee Chair
James E Wright SrNominating Committee Chair
Eddie CheungSupervisory Committee Chair
Paresh PatelTechnology Committee Chair
Alonzo LlorensVice Chairman
Sheilah MontgomeryBoard Secretary
Charlene TurnerDirector
Marsha HahnCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$635,665
Program Service Revenue
$2,154,834
Investment Income
$356,727
Other Revenue
$251,314
All Other Contributions
$635,665
Change in Net Assets
$108,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,152,069
Salaries, Compensation, and Employee Benefits$1,137,595
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$924,849
Other Salaries and Wages---$732,114
Fees for Services Other---$384,826
Office Expenses---$210,648
Current Officers, Directors, Trustees, and Key Employees---$203,206
Other Employee Benefits---$118,890
Information Technology---$107,165
Payroll Taxes---$83,385
Depreciation Depletion---$58,009
Occupancy---$56,917
Fees for Services Accounting---$23,375
Advertising---$23,108
Fees for Services Legal---$13,991
Other Expenses$9,343--$9,343
Travel---$9,145
Interest---$845
Total Functional Expenses$0$0$0$3,289,664
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
Share Draft Accounts$18,353,011
Certificate Shares$9,236,786
Dividends Payable$5,790,173
Club Shares$868,041
Other Member Deposits$758,859
Regular Shares$674,723
Money Market Checking$667,632
Other Liabilities$191,783
IRA Shares$112,993
Deferred Credits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“The membership is defined by a certian group that qualifies (field of membership).”

Member election for additional members Part VI line 7A

“The credit unions board of directors is elected by members.”

Governing body decisions Part VI line 7B

“Certain decisions would be approved by members.”

Local chapters branches affiliates Part VI line 10A

“There are policies and procedures in place to govern other branches.”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed by board at the regularly scheduled board meetings before filing, or at the next scheduled meeting after filing.”

Conflict of interest policy compliance Part VI line 12C

“Enforcement of conflicts of interest is actively carried out by the board of directors.”

CEO executive director top management comp Part VI line 15A

“Compensation for ceo, executive director, and top management is subject to review and acceptance by members of the board.”

Other officer or key employee compensation Part VI line 15B

“Compensation for key officials is subject to review and acceptance by members of the board.”

Governing documents etc available to public Part VI line 19

“Governing documents, etc. Are available to public.”

Filing and Contact Details

Filer

Filer Name
1st Choice Credit Union
EIN
58-6035220
Address
315 Auburn Avenue, Atlanta, GA 30303

Signing Officer

Name
Marsha Hahn
Title
CEO
Phone
4048325800
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1946
Legal Domicile
Ga
Voting Board Members
6,827
Independent Board Members
6,827
Employees
13

Preparer

Firm
Alliance CPA Group
Address
1990 Lakeside Parkway Ste 230, Tucker, GA 30084
Preparer
Edward Shafikov
Phone
4044196085
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Outside Services 384,826-----------------------------------TOTAL: 384,826”

List of other expenses Part IX line 24E

“Micellaneous Expenses 14,243Software Support 16,170 Payroll Expenses 20,331Shared Branching 96,047Internet Banking 3,087Bill Pay Expense 25,808Loan Loss 401,677ACH/Debit Card 24,145Pulse/Lynk ATM Network 8,189Security 2,170Dividends 187,548ATM Network Fees 28,127Cash over & short 9,492Fiserv 56,865Bldg Repair & Landscaping 6,415Other Expenses 24,535-----------------------------------TOTAL: 924,850”

Raw XML AppendixShowing 400 of 450 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0-153889
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035342
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc01ST CHOICE CREDIT UNION IS A NOT FOR PROFIT COOPERATIVE (OWNED BY THE MEMBERS), FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS AT BETTER RATES THAN THOSE AVAILABLE FROM OTHER SOURCES.
IRS990/AdvertisingGrp/TotalAmt023108
IRS990/AllOtherContributionsAmt0635665
IRS990/AllOtherExpensesGrp/TotalAmt0924849
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Marsha Hahn
IRS990/BooksInCareOfDetail/PhoneNum04048325800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0315 Auburn Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Atlanta
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030303
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0985116
IRS990/CashNonInterestBearingGrp/EOYAmt0420243
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0203206
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0635665
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0356727
IRS990/CYOtherExpensesAmt02152069
IRS990/CYOtherRevenueAmt0251314
IRS990/CYProgramServiceRevenueAmt02154834
IRS990/CYRevenuesLessExpensesAmt0108876
IRS990/CYSalariesCompEmpBnftPaidAmt01137595
IRS990/CYTotalExpensesAmt03289664
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03398540
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt058009
IRS990/Desc0Earnings from Investments - the excess of funds recieved from members over the amount loaned to members, as well as accumulated surpluse, is invested in securites allowed by the NCUA and the credit unions governing documents.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt023375
IRS990/FeesForServicesLegalGrp/TotalAmt013991
IRS990/FeesForServicesOtherGrp/TotalAmt0384826
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Dina Hairston
IRS990/Form990PartVIISectionAGrp/PersonNm1Claudie Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm2Paresh Patel
IRS990/Form990PartVIISectionAGrp/PersonNm3Sheilah Montgomery
IRS990/Form990PartVIISectionAGrp/PersonNm4Charlene Turner
IRS990/Form990PartVIISectionAGrp/PersonNm5Howard Mosby
IRS990/Form990PartVIISectionAGrp/PersonNm6James E Wright Sr
IRS990/Form990PartVIISectionAGrp/PersonNm7Reginald Lindsay
IRS990/Form990PartVIISectionAGrp/PersonNm8Eddie Cheung
IRS990/Form990PartVIISectionAGrp/PersonNm9Alonzo Llorens
IRS990/Form990PartVIISectionAGrp/PersonNm10Marsha Hahn
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0156583
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt146623
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0COO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Technology Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt6Nominating Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Credit Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Supervisory Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06827
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03398540
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06827
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0107165
IRS990/InterestGrp/TotalAmt0845
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0356727
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0356727
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt022285
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt022285
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012598500
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010061817
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01500613
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01459723
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01460749
IRS990/LandBldgEquipCostOrOtherBssAmt02961362
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0172327
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0172327
IRS990/MissionDesc01ST CHOICE CREDIT UNION IS A NOT FOR PROFIT COOPERATIVE (OWNED BY THE MEMBERS), FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS AT BETTER RATES THAN THOSE AVAILABLE FROM OTHER SOURCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03520258
IRS990/NetAssetsOrFundBalancesEOYAmt03474381
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt056917
IRS990/OfficeExpensesGrp/TotalAmt0210648
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01182023
IRS990/OtherAssetsTotalGrp/EOYAmt0910730
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118890
IRS990/OtherExpensesGrp/Desc0Dues and Associations
IRS990/OtherExpensesGrp/Desc1Loan Servicing Fees
IRS990/OtherExpensesGrp/Desc2State and Federal Exam Fees
IRS990/OtherExpensesGrp/ProgramServicesAmt016271
IRS990/OtherExpensesGrp/ProgramServicesAmt1313577
IRS990/OtherExpensesGrp/ProgramServicesAmt29343
IRS990/OtherExpensesGrp/TotalAmt016271
IRS990/OtherExpensesGrp/TotalAmt1313577
IRS990/OtherExpensesGrp/TotalAmt29343
IRS990/OtherLiabilitiesGrp/BOYAmt035200447
IRS990/OtherLiabilitiesGrp/EOYAmt036654001
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0Non-Member ATM Fee
IRS990/OtherRevenueMiscGrp/Desc1Warranty GAP
IRS990/OtherRevenueMiscGrp/Desc2Credit Life Insurance
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050009
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt121187
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07791
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150009
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt221187
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt07791
IRS990/OtherRevenueTotalAmt0251314
IRS990/OtherSalariesAndWagesGrp/TotalAmt0732114
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022225372
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt027145858
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt083385
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt093797
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0142042
IRS990/PriorPeriodAdjustmentsAmt0-154753
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01646485
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1508349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01646485
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1508349
IRS990/ProgSrvcAccomActy2Grp/Desc0Fee Income - fees and charges are assessed to members for financial services. These fees generate the revenue necessary to pay the cost to provide these services.
IRS990/ProgSrvcAccomActy3Grp/Desc0Loans - interest is charged at lower than market rates to provide loan products to members. Loans include home mortgages and automobile loans. Members benefit from lower rates with the 1st Choice Credit Union, comparing to other lending instituions.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01190600
IRS990/PYInvestmentIncomeAmt0255221
IRS990/PYOtherExpensesAmt01258756
IRS990/PYOtherRevenueAmt094124
IRS990/PYProgramServiceRevenueAmt01389562
IRS990/PYRevenuesLessExpensesAmt0655728
IRS990/PYSalariesCompEmpBnftPaidAmt01015023
IRS990/PYTotalExpensesAmt02273779
IRS990/PYTotalRevenueAmt02929507
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0108876
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03520258
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03474381
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01304563
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0591001
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01895564
IRS990ScheduleD/EquipmentGrp/BookValueAmt011181
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0874733
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0885914
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05246000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14815817
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Certificates of Deposits
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Money Market Accounts
IRS990ScheduleD/LandGrp/BookValueAmt0145000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0145000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt034879
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt034884
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0338827
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1132413
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt260000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3289141
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt490349
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCUA Share Insurance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Accrued Interest
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Fraud Bond Claim Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Miscellaneous Receivables
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Other Assets
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09236786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1191783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25790173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt318353011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4674723
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5868041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6667632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7758859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt8112993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Certificate Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Dividends Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Share Draft Accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Regular Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Club Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Money Market Checking
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7Other Member Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8IRA Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9Deferred Credits
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt022285
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Capital Shares at Catalyst
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01460749
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0910730
IRS990ScheduleD/TotalBookValueProgramRltdAmt010061817
IRS990ScheduleD/TotalBookValueSecuritiesAmt022285
IRS990ScheduleD/TotalLiabilityAmt036654001
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dina Hairston
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0156583
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP IS DEFINED BY A CERTIAN GROUP THAT QUALIFIES (FIELD OF MEMBERSHIP).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNIONS BOARD OF DIRECTORS IS ELECTED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE POLICIES AND PROCEDURES IN PLACE TO GOVERN OTHER BRANCHES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY BOARD AT THE REGULARLY SCHEDULED BOARD MEETINGS BEFORE FILING, OR AT THE NEXT SCHEDULED MEETING AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ENFORCEMENT OF CONFLICTS OF INTEREST IS ACTIVELY CARRIED OUT BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT IS SUBJECT TO REVIEW AND ACCEPTANCE BY MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION FOR KEY OFFICIALS IS SUBJECT TO REVIEW AND ACCEPTANCE BY MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GOVERNING DOCUMENTS, ETC. ARE AVAILABLE TO PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Outside Services 384,826-----------------------------------TOTAL: 384,826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Micellaneous Expenses 14,243Software Support 16,170 Payroll Expenses 20,331Shared Branching 96,047Internet Banking 3,087Bill Pay Expense 25,808Loan Loss 401,677ACH/Debit Card 24,145Pulse/Lynk ATM Network 8,189Security 2,170Dividends 187,548ATM Network Fees 28,127Cash over & short 9,492Fiserv 56,865Bldg Repair & Landscaping 6,415Other Expenses 24,535-----------------------------------TOTAL: 924,850
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Local chapters branches affiliates Part VI line 10a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt038566816
IRS990/TotalAssetsEOYAmt040163724
IRS990/TotalAssetsGrp/BOYAmt038566816
IRS990/TotalAssetsGrp/EOYAmt040163724
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0635665
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03289664
IRS990/TotalGrossUBIAmt07791
IRS990/TotalLiabilitiesBOYAmt035046558
IRS990/TotalLiabilitiesEOYAmt036689343

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)14 • $25M-$50M nonprofits