Civic Intelligence

1St Choice Credit Union

990 • Fiscal year 2012 • EIN 58-6035220

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 15, 2013

315 Auburn Ave30303
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$3,182,910

Flat from 2012

Net Assets

Flat

$3,182,910

Flat from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$0

Flat from 2012

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.

$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 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

2012

Assets$3,182,910
Liabilities$0
Net Assets$3,182,910

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,415,5902010Expenses 2011: $02011Expenses 2012: $02012Revenue 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

2012

Revenue-
Expenses$0
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 15, 2013
Return Version
2012v2.3
Gross Receipts
$1,001
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.

Major Activities

Activity 2
Fees and charges are assessed to members for financial services. These fees generate the revenue necessary to pay the costs to provide these services.
Activity 3
Earnings from the investments. The excess of funds received from members, over the amount loanded to members, as well as accumulated surpluse, is invested in securities allowed by the ncua, and the credit union's governing documents.
Filing and Contact Details

Filer

EIN
58-6035220
Raw XML Appendix266 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPartnership0false
IRS990/Activity2/Description0FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES.
IRS990/Activity3/Description0EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS.
IRS990/ActivityOrMissionDescription01ST 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/AddressPrincipalOfficerUS/AddressLine10315 AUBRUN AVE
IRS990/AddressPrincipalOfficerUS/City0ATLANTA
IRS990/AddressPrincipalOfficerUS/State0GA
IRS990/AddressPrincipalOfficerUS/ZIPCode030303
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IRS990/Description0INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS.
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IRS990/Form990PartVIISectionA/NamePerson0EDDIE CHEUNG
IRS990/Form990PartVIISectionA/NamePerson1JAMES E WRIGHT
IRS990/Form990PartVIISectionA/NamePerson2MARLENE STIGGERS
IRS990/Form990PartVIISectionA/NamePerson3BRENDA TOOKES
IRS990/Form990PartVIISectionA/NamePerson4CALVIN COOK
IRS990/Form990PartVIISectionA/NamePerson5DR CYRIL SPANN
IRS990/Form990PartVIISectionA/NamePerson6JAMES REED
IRS990/Form990PartVIISectionA/NamePerson7PARESH PATEL
IRS990/Form990PartVIISectionA/NamePerson8SHEILAH MONTGOMERY
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IRS990/Form990PartVIISectionA/OtherCompensation80
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/Title0SUPERVISORY
IRS990/Form990PartVIISectionA/Title1CHAIRMAIN
IRS990/Form990PartVIISectionA/Title2CO-CHAIR
IRS990/Form990PartVIISectionA/Title3SECRETARY
IRS990/Form990PartVIISectionA/Title4ALCO CHAIR
IRS990/Form990PartVIISectionA/Title5CREDIT CHAIR
IRS990/Form990PartVIISectionA/Title6EXPANSION CH
IRS990/Form990PartVIISectionA/Title7TECH CHAIR
IRS990/Form990PartVIISectionA/Title8CEO
IRS990/Form990ProvidedToGoverningBody0false
IRS990/Form990-TFiled0true
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts01001
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InvestmentIncomeCurrentYear00
IRS990/InvestmentInJointVenture0true
IRS990/LoanToOfficerOrDQP0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription01ST 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/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0SHEILA MONTGOMERY
IRS990/NbrIndependentVotingMembers09
IRS990/NbrVotingGoverningBodyMembers09
IRS990/NbrVotingMembersGoverningBody09
IRS990/NetAssetsOrFundBalancesBOY03181909
IRS990/NetAssetsOrFundBalancesEOY03182910
IRS990/NetUnrelatedBusinessTxblIncome01
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109601000
IRS990/NumberIndependentVotingMembers09
IRS990/NumberOfEmployees011
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c0X
IRS990/OtherExpensesCurrentYear00
IRS990/OtherRevenueCurrentYear00
IRS990/PartialLiquidation0false
IRS990/PoliticalActivities0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0525990
IRS990/ProgramServiceRevenueCY01001
IRS990/ProgramServiceRevenue/Description0NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenue/TotalRevenueColumn01001
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue01001
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationRevenueExpenses01001
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
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IRS990/ReportLandBldgEquip0false
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RetainedEarningsEndowmentEtc/BOY03181909
IRS990/RetainedEarningsEndowmentEtc/EOY03182910
IRS990/RevenuesLessExpensesCY01001
IRS990/SalariesEtcCurrentYear00
IRS990/ScheduleBRequired0false
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0VOLUNTEERS FOR THE CREDIT UNION ASSIST IN DUTIES PERFORMED BY THE CREDIT UNION AND ARE NOT COMPENSATED FOR THEIR TIME.
IRS990ScheduleO/GeneralExplanation/Explanation1YES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation2YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation3FORM 990 IS REVIEWED BY BOARD OF DIRECTORS AT REGULARLY SCHEDULED MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation4ENFORCEMENT OF CONFLICTS OF INTEREST IS ACTIVELY CARRIED OUT BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation5COMPENSATION FOR KEY OFFICIALS IS SUBJECT TO REVIEW AND ACCEPTANCE BY MEMBERS OF THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation6BYLAWS AND CHARTER AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION AVAILABLE TO PUBLIC VIA NCUA.
IRS990ScheduleO/GeneralExplanation/Explanation7UNREALIZED GAIN/LOSS 0
IRS990ScheduleO/GeneralExplanation/Identifier0EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS
IRS990ScheduleO/GeneralExplanation/Identifier1ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier2DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier3ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier4ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier5COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier7OTHER CHANGES IN NET ASSETS EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XI, LINE 9
IRS990/ScheduleORequired0true
IRS990/School0false
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IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0GA
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10315 AUBURN AVE
IRS990/TheBooksAreInCareOf/AddressUS/City0ATLANTA
IRS990/TheBooksAreInCareOf/AddressUS/State0GA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode030303
IRS990/TheBooksAreInCareOf/NamePerson0SHEILA MONTGOMERY
IRS990/TheBooksAreInCareOf/TelephoneNumber04048325800
IRS990/TotalAssets/BOY03181909
IRS990/TotalAssetsBOY03181909
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IRS990/TotalAssetsEOY03182910
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear00
IRS990/TotalFunctionalExpenses/Fundraising00
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IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
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IRS990/TotalNbrEmployees011
IRS990/TotalNetAssetsFundBalances/BOY03181909
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IRS990/TotalRevenue/TotalRevenueColumn01001
IRS990/TotalRevenue/UnrelatedBusinessRevenue01001
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0true
IRS990/UponRequest0X
IRS990/WebSite0WWW.1STCHOICECU.ORG
IRS990/WhistleblowerPolicy0false
IRS990/WrittenPolicyOrProcedure0true
IRS990/YearFormation01946
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0586035220
ReturnHeader/Filer/Name/BusinessNameLine101ST CHOICE CREDIT UNION
ReturnHeader/Filer/NameControl01STC
ReturnHeader/Filer/Phone04048325800
ReturnHeader/Filer/USAddress/AddressLine10315 AUBURN AVE
ReturnHeader/Filer/USAddress/City0ATLANTA
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030303
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-15
ReturnHeader/Officer/Name0SHEILAH MONTGOMERY
ReturnHeader/Officer/Phone04048325800
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02013-11-26
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10SCHWARTZ COLE AND ASSOCIATES LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1011776 W SAMPLE RD STE 106
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0CORAL SPRINGS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0330653180
ReturnHeader/Preparer/Name0DANIEL J COLE
ReturnHeader/Preparer/Phone09547551760
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-26T21:23:40-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.00$3.18$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