Civic Intelligence

The Wright Credit Union

990 • Fiscal year 2021 • EIN 58-6040949

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 01, 2022

Organization ProfileWWW.THEWRIGHTCU.ORG

View Organization Page

PO Box 238Toccoa, GA 30577

(706) 886-2908

Siviq Scores

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

Liabilities / Assets

35th percentile

0.85x

Higher debt load relative to assets than 35% of similar nonprofits.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

36th percentile

20.24x

Higher debt load relative to revenue than 36% of similar nonprofits.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2021

Net Margin

89th percentile

24%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

29th percentile

$59,678

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2021

Asset Growth

83rd percentile

13%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

17%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$16,048,564

Up $1,797,726 (+13%) from 2020

Net Assets

Up

$2,422,681

Up $159,325 (+7.0%) from 2020

Liabilities

Up

$13,625,883

Up $1,638,401 (+14%) from 2020

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin89th percentile

Revenue

Up

$673,315

Up $99,345 (+17%) from 2020

Expenses

Up

$513,990

Up $19,862 (+4.0%) from 2020

Net Income

Up

$159,325

Up $79,483 (+100%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $12,010,459Liabilities 2010: $10,247,100Net Assets 2010: $1,763,3592010Assets 2011: $12,409,518Liabilities 2011: $10,584,552Net Assets 2011: $1,824,9662011Assets 2012: $12,522,208Liabilities 2012: $10,697,139Net Assets 2012: $1,825,0692012Assets 2013: $11,923,010Liabilities 2013: $10,067,878Net Assets 2013: $1,855,1322013Assets 2014: $11,783,146Liabilities 2014: $9,875,632Net Assets 2014: $1,907,5142014Assets 2015: $12,426,734Liabilities 2015: $10,442,630Net Assets 2015: $1,984,1042015Assets 2016: $12,451,578Liabilities 2016: $10,398,151Net Assets 2016: $2,053,4272016Assets 2017: $12,779,937Liabilities 2017: $10,716,799Net Assets 2017: $2,063,1382017Assets 2018: $12,566,270Liabilities 2018: $10,430,330Net Assets 2018: $2,135,9402018Assets 2020: $14,250,838Liabilities 2020: $11,987,482Net Assets 2020: $2,263,3562020Assets 2021: $16,048,564Liabilities 2021: $13,625,883Net Assets 2021: $2,422,6812021Assets 2022: $16,307,584Liabilities 2022: $13,688,661Net Assets 2022: $2,618,9232022Assets 2023: $16,554,376Liabilities 2023: $13,780,640Net Assets 2023: $2,773,7362023Assets 2024: $16,434,229Liabilities 2024: $13,794,882Net Assets 2024: $2,639,3472024

Highlighted filing

2021

Assets$16,048,564
Liabilities$13,625,883
Net Assets$2,422,681
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

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

$1.5M$1.0M$500K$0Expenses 2010: $598,3092010Expenses 2011: $496,1712011Expenses 2012: $476,5242012Revenue 2013: $457,699Expenses 2013: $427,634Net Income 2013: $30,0652013Revenue 2014: $446,847Expenses 2014: $394,466Net Income 2014: $52,3812014Revenue 2015: $458,653Expenses 2015: $383,833Net Income 2015: $74,8202015Revenue 2016: $475,639Expenses 2016: $404,194Net Income 2016: $71,4452016Revenue 2017: $445,583Expenses 2017: $435,873Net Income 2017: $9,7102017Revenue 2018: $508,772Expenses 2018: $435,970Net Income 2018: $72,8022018Revenue 2020: $573,970Expenses 2020: $494,128Net Income 2020: $79,8422020Revenue 2021: $673,315Expenses 2021: $513,990Net Income 2021: $159,3252021Revenue 2022: $852,328Expenses 2022: $654,841Net Income 2022: $197,4872022Revenue 2023: $1,100,520Expenses 2023: $745,707Net Income 2023: $354,8132023Revenue 2024: $1,189,308Expenses 2024: $1,164,526Net Income 2024: $24,7822024

Highlighted filing

2021

Revenue$673,315
Expenses$513,990
Net Income$159,325
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 1, 2022
Return Version
2021v4.0
Gross Receipts
$673,315
Mission and Program Overview

Mission

Credit union - to provide for approximately 1,804 members in the form of loans, savings, and other financial services.

Credit union - to provide financial services for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$5,295,421$6,778,689▲ $1,483,268
Cash and Non-Interest-Bearing Accounts$3,323,869$3,428,700▲ $104,831
Investments Other Securities$1,643,213$2,736,213▲ $1,093,000
Savings and Temporary Cash Investments$3,652,000$2,727,000▼ $925,000
Rtn Earn Endowment Incm Other Fnds$1,864,498$2,023,823▲ $159,325
Cap Stk Tr Prin Current Funds$398,858$398,858→ $0
Land, Buildings, and Equipment, Net$177,054$163,964▼ $13,090
Prepaid Expenses and Deferred Charges$35,163$70,220▲ $35,057
Total Assets$14,250,838$16,048,564▲ $1,797,726
Other Assets Total$124,118$143,778▲ $19,660
Liabilities
Other Liabilities$11,904,151$13,510,962▲ $1,606,811
Accounts Payable and Accrued Expenses$83,331$114,921▲ $31,590
Total Liabilities$11,987,482$13,625,883▲ $1,638,401
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,263,356$2,422,681▲ $159,325
Total Liabilities and Net Assets / Fund Balance$14,250,838$16,048,564▲ $1,797,726

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$108,769$127,345$236,114
Land$25,000-$25,000
Other Securities$7,213--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alaina LacountManager/treaFT$59,678$59,678

Board Members and Trustees

NameTitle
Kay SmithAudit Chair
Mark RichardsonPresident
Betty TerrellDirector
Lindy GraftonDirector
Martha CheekSecretary
Tyler TaylorVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$568,592
Investment Income
$40,077
Other Revenue
$64,646
Change in Net Assets
$159,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$270,203
Other Expenses$243,787
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$229,301-$229,301
Office Expenses-$77,830-$77,830
Interest-$39,877-$39,877
Occupancy-$23,668-$23,668
Other Employee Benefits-$23,281-$23,281
Payroll Taxes-$17,621-$17,621
All Other Expenses-$13,217-$13,217
Other Expenses-$9,845-$9,845
Travel-$4,557-$4,557
Total Functional Expenses$0$513,990$0$513,990
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
Regular Shares$7,021,411
All Other Shares$4,523,092
Share Drafts$1,966,459
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The credit union is owned by the members.”

Form 990, Page 6, Part VI, Line 7A

“The board of directors is elected by the membership (one member, one vote). All duties, powers, and responsibilities are controlled by the board of directors. The memebrs elect the board of directors at the annual meeting every year.”

Form 990, Page 6, Part VI, Line 7B

“Some decisions made by the board of directors are affirmed by the members.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the manager. The form 990 is available for review by the board of directors upon request.”

Form 990, Page 6, Part VI, Line 12C

“The board of directors monitor and enforce the conflict of interest policy.”

Form 990, Page 6, Part VI, Line 19

“Financial documents are posted in the credit union lobby by the 15th of the subsequent month.”

Filing and Contact Details

Filer

Filer Name
The Wright Credit Union
EIN
58-6040949
Phone
7068862908
Address
PO BOX 238, TOCCOA, GA 30577

Signing Officer

Name
Alaina Lacount
Title
Manager/treasurer
Phone
7068862908
Signed
2022-03-01

Organization Details

Principal Officer
Alaina Lacount
Formed
1963
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
6
Employees
13
Volunteers
6

Preparer

Firm
Cu Audit & Compliance Group
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Amanda Onkst
Phone
2054372176
Supplemental Narrative

Additional Explanations

Form 990, Page 5, Part V, Line 3B

“The credit union had no unrealted business income.”

Raw XML Appendix343 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/BOYAmt083331
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0114921
IRS990/AccountsReceivableGrp/BOYAmt05295421
IRS990/AccountsReceivableGrp/EOYAmt06778689
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013217
IRS990/AllOtherExpensesGrp/TotalAmt013217
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ALAINA LACOUNT
IRS990/BooksInCareOfDetail/PhoneNum07068862908
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 238
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOCCOA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030577
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0398858
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0398858
IRS990/CashNonInterestBearingGrp/BOYAmt03323869
IRS990/CashNonInterestBearingGrp/EOYAmt03428700
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt040077
IRS990/CYOtherExpensesAmt0243787
IRS990/CYOtherRevenueAmt064646
IRS990/CYProgramServiceRevenueAmt0568592
IRS990/CYRevenuesLessExpensesAmt0159325
IRS990/CYSalariesCompEmpBnftPaidAmt0270203
IRS990/CYTotalExpensesAmt0513990
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0673315
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0474113
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAINA LACOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTHA CHEEK
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDY GRAFTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm4KAY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5TYLER TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm6BETTY TERRELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt059678
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0MANAGER/TREA
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4AUDIT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0673315
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt039877
IRS990/InterestGrp/TotalAmt039877
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt040077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040077
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01643213
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02736213
IRS990/IRPDocumentCnt0291
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0200427
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0177054
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0163964
IRS990/LandBldgEquipCostOrOtherBssAmt0364391
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION - TO PROVIDE FOR APPROXIMATELY 1,713 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02263356
IRS990/NetAssetsOrFundBalancesEOYAmt02422681
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023668
IRS990/OccupancyGrp/TotalAmt023668
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt077830
IRS990/OfficeExpensesGrp/TotalAmt077830
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0124118
IRS990/OtherAssetsTotalGrp/EOYAmt0143778
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023281
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023281
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL & OUTSIDE
IRS990/OtherExpensesGrp/Desc1MISC OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2OPERATING FEES
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL & PROMOTIONAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt051765
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112713
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210315
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt39845
IRS990/OtherExpensesGrp/TotalAmt051765
IRS990/OtherExpensesGrp/TotalAmt112713
IRS990/OtherExpensesGrp/TotalAmt210315
IRS990/OtherExpensesGrp/TotalAmt39845
IRS990/OtherLiabilitiesGrp/BOYAmt011904151
IRS990/OtherLiabilitiesGrp/EOYAmt013510962
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt064646
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064646
IRS990/OtherRevenueTotalAmt064646
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0229301
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229301
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017621
IRS990/PayrollTaxesGrp/TotalAmt017621
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035163
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070220
IRS990/PrincipalOfficerNm0ALAINA LACOUNT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0512708
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0512708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155884
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt039877
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0104538
IRS990/PYOtherExpensesAmt0268941
IRS990/PYOtherRevenueAmt033351
IRS990/PYProgramServiceRevenueAmt0436081
IRS990/PYRevenuesLessExpensesAmt079842
IRS990/PYSalariesCompEmpBnftPaidAmt0225187
IRS990/PYTotalExpensesAmt0494128
IRS990/PYTotalRevenueAmt0573970
IRS990/ReconcilationRevenueExpnssAmt0159325
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01864498
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02023823
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03652000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02727000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0108769
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0127345
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0236114
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07021411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14523092
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21966459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02729000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt17213
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PERPETUAL CONTRIBUTED CAPITAL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0133769
IRS990ScheduleD/TotalBookValueSecuritiesAmt02736213
IRS990ScheduleD/TotalLiabilityAmt013510962
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAD NO UNREALTED BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION IS OWNED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMEBRS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE MANAGER. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014250838
IRS990/TotalAssetsEOYAmt016048564
IRS990/TotalAssetsGrp/BOYAmt014250838
IRS990/TotalAssetsGrp/EOYAmt016048564
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0513990
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0513990
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011987482
IRS990/TotalLiabilitiesEOYAmt013625883
IRS990/TotalLiabilitiesGrp/BOYAmt011987482
IRS990/TotalLiabilitiesGrp/EOYAmt013625883
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02263356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02422681
IRS990/TotalProgramServiceExpensesAmt0513990
IRS990/TotalProgramServiceRevenueAmt0568592
IRS990/TotalReportableCompFromOrgAmt059678
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0673315
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0673315
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014250838
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016048564
IRS990/TravelGrp/ManagementAndGeneralAmt04557
IRS990/TravelGrp/TotalAmt04557
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 238
IRS990/USAddress/CityNm0TOCCOA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030577
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.THEWRIGHTCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAINA LACOUNT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07068862908
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WRIGHT CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0WRIG
ReturnHeader/Filer/EIN0586040949
ReturnHeader/Filer/PhoneNum07068862908
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 238
ReturnHeader/Filer/USAddress/CityNm0TOCCOA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030577
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CU AUDIT & COMPLIANCE GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03692 COOLIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323117890
ReturnHeader/PreparerPersonGrp/PhoneNum02054372176
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ONKST
ReturnHeader/ReturnTs02022-03-02T13:33:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALAINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LACOUNT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,048,564
Liabilities
$13,625,883
Net assets
$2,422,681
Revenue
$673,315
Expenses
$513,990
Net income
$159,325
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.4$13.8$2.64$1.19$1.16$0.02
2023Detailed filing. Detailed filing data is available for this year.$16.6$13.8$2.77$1.10$0.75$0.35
2022Detailed filing. Detailed filing data is available for this year.$16.3$13.7$2.62$0.85$0.65$0.20
2021Detailed filing. Detailed filing data is available for this year.$16.0$13.6$2.42$0.67$0.51$0.16
2020Detailed filing. Detailed filing data is available for this year.$14.3$12.0$2.26$0.57$0.49$0.08
2018Summary only. Only limited summary data is available for this year.$12.6$10.4$2.14$0.51$0.44$0.07
2017Summary only. Only limited summary data is available for this year.$12.8$10.7$2.06$0.45$0.44$0.01
2016Summary only. Only limited summary data is available for this year.$12.5$10.4$2.05$0.48$0.40$0.07
2015Detailed filing. Detailed filing data is available for this year.$12.4$10.4$1.98$0.46$0.38$0.07
2014Detailed filing. Detailed filing data is available for this year.$11.8$9.88$1.91$0.45$0.39$0.05
2013Detailed filing. Detailed filing data is available for this year.$11.9$10.1$1.86$0.46$0.43$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$10.7$1.83$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$10.6$1.82$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$10.2$1.76$0.60