Civic Intelligence

Madison Education Association Credit Union

EIN 59-1690083 • 501(c)14 • Madison, FL

Profile

Credit Union Programs Programs of credit unions which offer a wide variety of personal financial services exclusively to their members featuring competitive dividend rates on investments, competitive interest rates on loans, and other products and services.

PO Box 449Madison, FL 32341-0449
Siviq Scores

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

Liabilities / Assets

55th percentile

0.85x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

19.37x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Net Margin

78th percentile

15%

Higher net margin than 78% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$43,193

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

501(c)14 • $5M-$10M nonprofits • Source year 2024

Asset Growth

89th percentile

5.7%

Faster asset growth than 89% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

29%

Faster revenue growth than 94% of similar nonprofits.

501(c)14 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$6,632,906

Up $360,532 (+5.7%) from 2023

Liabilities

Up

$5,657,747

Up $317,425 (+5.9%) from 2023

Net Assets

Up

$975,159

Up $43,107 (+4.6%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin78th percentile

Revenue

Up

$292,162

Up $65,652 (+29%) from 2023

Expenses

Up

$249,055

Up $32,529 (+15%) from 2023

Net Income

Up

$43,107

Up $33,123 (+332%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,018,062Liabilities 2011: $3,301,339Net Assets 2011: $716,7232011Assets 2012: $4,061,676Liabilities 2012: $3,320,175Net Assets 2012: $741,5012012Assets 2013: $3,939,004Liabilities 2013: $3,185,384Net Assets 2013: $753,6202013Assets 2014: $4,467,431Liabilities 2014: $3,693,669Net Assets 2014: $773,7622014Assets 2015: $4,824,292Liabilities 2015: $4,028,019Net Assets 2015: $796,2732015Assets 2016: $5,150,755Liabilities 2016: $4,297,347Net Assets 2016: $853,4082016Assets 2017: $5,453,806Liabilities 2017: $4,584,528Net Assets 2017: $869,2782017Assets 2018: $5,500,223Liabilities 2018: $4,624,981Net Assets 2018: $875,2422018Assets 2019: $6,164,547Liabilities 2019: $5,289,385Net Assets 2019: $875,1622019Assets 2020: $6,286,308Liabilities 2020: $5,382,644Net Assets 2020: $903,6642020Assets 2021: $6,589,378Liabilities 2021: $5,648,876Net Assets 2021: $940,5022021Assets 2022: $6,653,026Liabilities 2022: $5,715,871Net Assets 2022: $937,1552022Assets 2023: $6,272,374Liabilities 2023: $5,340,322Net Assets 2023: $932,0522023Assets 2024: $6,632,906Liabilities 2024: $5,657,747Net Assets 2024: $975,1592024

Highlighted filing

2024

Assets$6,632,906
Liabilities$5,657,747
Net Assets$975,159
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $176,471Expenses 2011: $146,797Net Income 2011: $29,6742011Expenses 2012: $149,5012012Revenue 2013: $169,109Expenses 2013: $156,990Net Income 2013: $12,1192013Revenue 2014: $167,446Expenses 2014: $147,304Net Income 2014: $20,1422014Revenue 2015: $186,395Expenses 2015: $163,884Net Income 2015: $22,5112015Revenue 2016: $216,565Expenses 2016: $159,430Net Income 2016: $57,1352016Revenue 2017: $208,843Expenses 2017: $196,435Net Income 2017: $12,4082017Revenue 2018: $219,545Expenses 2018: $213,581Net Income 2018: $5,9642018Revenue 2019: $233,074Expenses 2019: $233,154Net Income 2019: -$802019Revenue 2020: $225,929Expenses 2020: $197,427Net Income 2020: $28,5022020Revenue 2021: $200,585Expenses 2021: $163,747Net Income 2021: $36,8382021Revenue 2022: $195,711Expenses 2022: $199,058Net Income 2022: -$3,3472022Revenue 2023: $226,510Expenses 2023: $216,526Net Income 2023: $9,9842023Revenue 2024: $292,162Expenses 2024: $249,055Net Income 2024: $43,1072024

Highlighted filing

2024

Revenue$292,162
Expenses$249,055
Net Income$43,107
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$6,632,906
Liabilities
$5,657,747
Net assets
$975,159
Revenue
$292,162
Expenses
$249,055
Net income
$43,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$5.66$0.98$0.29$0.25$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$5.34$0.93$0.23$0.22$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$5.72$0.94$0.20$0.20$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$5.65$0.94$0.20$0.16$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$5.38$0.90$0.23$0.20$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$5.29$0.88$0.23$0.23$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$4.62$0.88$0.22$0.21$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.45$4.58$0.87$0.21$0.20$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$4.30$0.85$0.22$0.16$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.82$4.03$0.80$0.19$0.16$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.47$3.69$0.77$0.17$0.15$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$3.19$0.75$0.17$0.16$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$3.32$0.74$0.15
2011Summary only. Only limited summary data is available for this year.$4.02$3.30$0.72$0.18$0.15$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 7, 2022
Return Version
2021v4.2
Gross Receipts
$200,585
Mission and Program Overview

Mission

Programs of credit unions which offer a wide variety of personal financial services exclusively to their members featuring competitive rates on loans & investments, and other products and services.

Programs of credit unions financial services

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,704,207$3,970,000▲ $265,793
Other Notes and Loans Receivable, Net$2,249,379$2,262,758▲ $13,379
Rtn Earn Endowment Incm Other Fnds$903,664$940,502▲ $36,838
Cash and Non-Interest-Bearing Accounts$254,365$276,708▲ $22,343
Investments Program Related$52,388$53,296▲ $908
Accounts Receivable$18,385$20,352▲ $1,967
Prepaid Expenses and Deferred Charges$5,050$5,160▲ $110
Land, Buildings, and Equipment, Net$2,534$1,104▼ $1,430
Total Assets$6,286,308$6,589,378▲ $303,070
Liabilities
Other Liabilities$5,329,602$5,586,568▲ $256,966
Accounts Payable and Accrued Expenses$53,042$62,308▲ $9,266
Total Liabilities$5,382,644$5,648,876▲ $266,232
Net Assets / Fund Balance
Total Net Assets Fund Balance$903,664$940,502▲ $36,838
Total Liabilities and Net Assets / Fund Balance$6,286,308$6,589,378▲ $303,070

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$53,296--
Equipment$1,104$21,017-
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gena ShiverCEOPT$38,270$38,270

Board Members and Trustees

NameTitle
Catherine HoneywellDirector
Clyde AlexanderDirector
George PridgeonDirector
Joseph AkermanDirector
Lucile DayDirector
Sandra KelleyDirector
Shane RolandDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$138,365
Investment Income
$62,220
Other Revenue
$0
Change in Net Assets
$36,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$119,789
Other Expenses$43,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,060--$55,060
Current Officers, Directors, Trustees, and Key Employees$38,270--$38,270
Interest$20,020--$20,020
Other Employee Benefits$19,207--$19,207
Office Expenses$14,024--$14,024
Insurance$7,452--$7,452
Payroll Taxes$7,252--$7,252
Fees for Services Other$5,680--$5,680
Conferences and Meetings$3,875--$3,875
Fees for Services Accounting$3,163--$3,163
All Other Expenses$2,470--$2,470
Occupancy$2,180--$2,180
Depreciation Depletion$1,430--$1,430
Other Expenses$-18,958--$-18,958
Total Functional Expenses$163,747$0$0$163,747
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$5,586,568
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Management duties delegated
No

Governance Explanations

Part VI Line 6

“Credit union is comprised of members”

Part VI Line 7A

“Each member gets one vote in election of board of directors”

Part VI Line 11B

“Ceo reviews 990 & makes copies avialable to board”

Part VI Line 12C

“Members with possible conflicts are excused from discussions & voting”

Part VI Line 15A or B

“Credit union industry salary surveys are used as a guide by the board to se”

Part VI Line 19

“Financial statements are posted in the lobby and other items”

Part VI Line 19

“That are required to be disclosed are available upon request”

Filing and Contact Details

Filer

Filer Name
Madison Education Association Credit Union
EIN
59-1690083
In Care Of
% GENA SHIVER
Phone
8509733132
Address
PO BOX 449, MADISON, FL 32341-0449

Signing Officer

Name
Gena Shiver
Title
CEO
Phone
8509733132
Signed
2022-04-07

Organization Details

Principal Officer
Gena Shiver
Formed
1963
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
10
Raw XML Appendix349 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/BOYAmt053042
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt062308
IRS990/AccountsReceivableGrp/BOYAmt018385
IRS990/AccountsReceivableGrp/EOYAmt020352
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROGRAMS OF CREDIT UNIONS FINANCIAL SERVICES
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02470
IRS990/AllOtherExpensesGrp/TotalAmt02470
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0GENA SHIVER
IRS990/BooksInCareOfDetail/PhoneNum08509733132
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 449
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0323410449
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0254365
IRS990/CashNonInterestBearingGrp/EOYAmt0276708
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt038270
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt038270
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03875
IRS990/ConferencesMeetingsGrp/TotalAmt03875
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt062220
IRS990/CYOtherExpensesAmt043958
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0138365
IRS990/CYRevenuesLessExpensesAmt036838
IRS990/CYSalariesCompEmpBnftPaidAmt0119789
IRS990/CYTotalExpensesAmt0163747
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0200585
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01430
IRS990/DepreciationDepletionGrp/TotalAmt01430
IRS990/Desc0Providing financial services exclusively to credit union members
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0163747
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03163
IRS990/FeesForServicesAccountingGrp/TotalAmt03163
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05680
IRS990/FeesForServicesOtherGrp/TotalAmt05680
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt024.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0GENA SHIVER
IRS990/Form990PartVIISectionAGrp/PersonNm1SANDRA KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2CATHERINE HONEYWELL
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE PRIDGEON
IRS990/Form990PartVIISectionAGrp/PersonNm4CLYDE ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5LUCILE DAY
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH AKERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7SHANE ROLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt038270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0200585
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07452
IRS990/InsuranceGrp/TotalAmt07452
IRS990/InterestGrp/ProgramServicesAmt020020
IRS990/InterestGrp/TotalAmt020020
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt062220
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062220
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt052388
IRS990/InvestmentsProgramRelatedGrp/EOYAmt053296
IRS990/IRPDocumentCnt0191
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021017
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02534
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01104
IRS990/LandBldgEquipCostOrOtherBssAmt022121
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Programs of credit unions which offer a wide variety of personal financial services exclusively to their members featuring competitive rates on loans & investments, and other products and services.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0903664
IRS990/NetAssetsOrFundBalancesEOYAmt0940502
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt02180
IRS990/OccupancyGrp/TotalAmt02180
IRS990/OfficeExpensesGrp/ProgramServicesAmt014024
IRS990/OfficeExpensesGrp/TotalAmt014024
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019207
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019207
IRS990/OtherExpensesGrp/Desc0STATE REGUALATORS
IRS990/OtherExpensesGrp/Desc1ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01670
IRS990/OtherExpensesGrp/ProgramServicesAmt1952
IRS990/OtherExpensesGrp/ProgramServicesAmt2-18958
IRS990/OtherExpensesGrp/TotalAmt01670
IRS990/OtherExpensesGrp/TotalAmt1952
IRS990/OtherExpensesGrp/TotalAmt2-18958
IRS990/OtherLiabilitiesGrp/BOYAmt05329602
IRS990/OtherLiabilitiesGrp/EOYAmt05586568
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055060
IRS990/OtherSalariesAndWagesGrp/TotalAmt055060
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02249379
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02262758
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07252
IRS990/PayrollTaxesGrp/TotalAmt07252
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05160
IRS990/PrincipalOfficerNm0GENA SHIVER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc2GAP INSURANCE COMM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0130171
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14039
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2980
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt076136
IRS990/PYOtherExpensesAmt085665
IRS990/PYProgramServiceRevenueAmt0149793
IRS990/PYRevenuesLessExpensesAmt028502
IRS990/PYSalariesCompEmpBnftPaidAmt0111762
IRS990/PYTotalExpensesAmt0197427
IRS990/PYTotalRevenueAmt0225929
IRS990/ReconcilationRevenueExpnssAmt036838
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0200585
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0903664
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0940502
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03704207
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03970000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01104
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021017
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt022121
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt053296
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NCUSIF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05586568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01104
IRS990ScheduleD/TotalBookValueProgramRltdAmt053296
IRS990ScheduleD/TotalLiabilityAmt05586568
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CREDIT UNION IS COMPRISED OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER GETS ONE VOTE IN ELECTION OF BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO REVIEWS 990 & MAKES COPIES AVIALABLE TO BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS WITH POSSIBLE CONFLICTS ARE EXCUSED FROM DISCUSSIONS & VOTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDIT UNION INDUSTRY SALARY SURVEYS ARE USED AS A GUIDE BY THE BOARD TO SE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AND OTHER ITEMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THAT ARE REQUIRED TO BE DISCLOSED ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06286308
IRS990/TotalAssetsEOYAmt06589378
IRS990/TotalAssetsGrp/BOYAmt06286308
IRS990/TotalAssetsGrp/EOYAmt06589378
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0163747
IRS990/TotalFunctionalExpensesGrp/TotalAmt0163747
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05382644
IRS990/TotalLiabilitiesEOYAmt05648876
IRS990/TotalLiabilitiesGrp/BOYAmt05382644
IRS990/TotalLiabilitiesGrp/EOYAmt05648876
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0903664
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0940502
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03175
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03175
IRS990/TotalProgramServiceExpensesAmt0163747
IRS990/TotalProgramServiceRevenueAmt0138365
IRS990/TotalReportableCompFromOrgAmt038270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0200585
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0200585
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06286308
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06589378
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 449
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0323410449
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MADISONCUONLINE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GENA SHIVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08509733132
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MADISON EDUCATION ASSOCIATION CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0591690083
ReturnHeader/Filer/InCareOfNm0% GENA SHIVER
ReturnHeader/Filer/PhoneNum08509733132
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 449
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0323410449
ReturnHeader/ReturnTs02022-04-07T11:07:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GENA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHIVER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.