Civic Intelligence

Autotruck Financial Credit Union

EIN 61-0594797 • 501(c)14 • Louisville, KY

Profile

To provide a safe, economic and sound full service personal financial institution to all current and potential members in a convenient and friendly manner.

7651 Jefferson Green WayLouisville, KY 40219

www.autotruckfcu.org

Siviq Scores

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

Liabilities / Assets

20th percentile

0.86x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

12.03x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$336,085

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

60th percentile

3.9%

Faster asset growth than 60% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$192,696,939

Up $7,239,446 (+3.9%) from 2023

Liabilities

Up

$165,298,009

Up $4,661,215 (+2.9%) from 2023

Net Assets

Up

$27,398,930

Up $2,578,231 (+10%) from 2023

Revenue

Up

$13,742,065

Up $2,063,371 (+18%) from 2023

Expenses

Up

$11,163,834

Up $1,712,494 (+18%) from 2023

Net Income

Up

$2,578,231

Up $350,877 (+16%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2014: $106,050,876Liabilities 2014: $93,254,589Net Assets 2014: $12,796,2872014Assets 2015: $119,757,222Liabilities 2015: $106,272,941Net Assets 2015: $13,484,2812015Assets 2016: $124,895,820Liabilities 2016: $110,520,170Net Assets 2016: $14,375,6502016Assets 2017: $130,733,151Liabilities 2017: $114,345,831Net Assets 2017: $16,387,3202017Assets 2018: $137,927,951Liabilities 2018: $119,896,697Net Assets 2018: $18,031,2542018Assets 2019: $158,458,161Liabilities 2019: $138,796,642Net Assets 2019: $19,661,5192019Assets 2020: $182,656,506Liabilities 2020: $162,290,106Net Assets 2020: $20,366,4002020Assets 2021: $195,604,664Liabilities 2021: $174,233,561Net Assets 2021: $21,371,1032021Assets 2022: $196,506,373Liabilities 2022: $173,716,127Net Assets 2022: $22,790,2462022Assets 2023: $185,457,493Liabilities 2023: $160,636,794Net Assets 2023: $24,820,6992023Assets 2024: $192,696,939Liabilities 2024: $165,298,009Net Assets 2024: $27,398,9302024

Highlighted filing

2024

Assets$192,696,939
Liabilities$165,298,009
Net Assets$27,398,930

Operations Trend

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

$15M$10M$5.0M$0Revenue 2014: $4,980,555Expenses 2014: $4,773,027Net Income 2014: $207,5282014Revenue 2015: $5,461,216Expenses 2015: $4,773,222Net Income 2015: $687,9942015Revenue 2016: $6,716,834Expenses 2016: $5,825,465Net Income 2016: $891,3692016Revenue 2017: $7,757,793Expenses 2017: $6,522,425Net Income 2017: $1,235,3682017Revenue 2018: $8,573,127Expenses 2018: $6,929,193Net Income 2018: $1,643,9342018Revenue 2019: $9,205,716Expenses 2019: $7,575,451Net Income 2019: $1,630,2652019Revenue 2020: $8,566,855Expenses 2020: $7,861,974Net Income 2020: $704,8812020Revenue 2021: $8,665,473Expenses 2021: $7,660,770Net Income 2021: $1,004,7032021Revenue 2022: $9,751,231Expenses 2022: $8,332,088Net Income 2022: $1,419,1432022Revenue 2023: $11,678,694Expenses 2023: $9,451,340Net Income 2023: $2,227,3542023Revenue 2024: $13,742,065Expenses 2024: $11,163,834Net Income 2024: $2,578,2312024

Highlighted filing

2024

Revenue$13,742,065
Expenses$11,163,834
Net Income$2,578,231

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$13,951,821
Mission and Program Overview

Mission

To provide a safe, economic and sound full service personal financial institution to all current and potential members in a convenient and friendly manner.

Autotruck Financial Credit Union is a financial institution cooperative organized to provide loan and deposit products and services to its member owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$85,031,554$86,280,519▲ $1,248,965
Investments Program Related$54,507,950$62,198,706▲ $7,690,756
Rtn Earn Endowment Incm Other Fnds$24,820,699$27,398,930▲ $2,578,231
Savings and Temporary Cash Investments$23,954,374$19,508,445▼ $4,445,929
Land, Buildings, and Equipment, Net$11,564,716$13,242,336▲ $1,677,620
Cash and Non-Interest-Bearing Accounts$3,182,554$3,018,433▼ $164,121
Accounts Receivable$24,240$746,186▲ $721,946
Prepaid Expenses and Deferred Charges$204,974$384,835▲ $179,861
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$185,457,493$192,696,939▲ $7,239,446
Other Assets Total$6,987,131$7,317,479▲ $330,348
Liabilities
Other Liabilities$157,438,540$163,506,296▲ $6,067,756
Accounts Payable and Accrued Expenses$3,198,254$1,791,713▼ $1,406,541
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$160,636,794$165,298,009▲ $4,661,215
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,820,699$27,398,930▲ $2,578,231
Total Liabilities and Net Assets / Fund Balance$185,457,493$192,696,939▲ $7,239,446

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,476,281$1,581,810$10,058,091
Land$4,206,370-$4,206,370
Equipment$559,685$1,476,922$2,036,607
Investment Program Related Org$534,011--
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James ThompsonChief Executive OfficerFT$220,876$115,187$336,063
Jason PendletonExecutive Vice PresidentFT$150,237$44,903$195,140
Genia GassawayVice President of OperationsFT$123,373$50,560$173,933
Lisa VincentMarketingFT$120,377$42,853$163,230
Amy ReedyVice President FinanceFT$139,150$15,301$154,451

Board Members and Trustees

NameTitle
Steven StoneChairperson of Board
Chris HallVice Chairperson of Board
Herbert TaylorDirector
J Huston ReinleDirector
Kathy FurlongDirector
Robert OwensDirector (January - October)
Keisha CatoDirector (November - December)
Steve RixmanTreasurer / Secretary of Board
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,749,552
Investment Income
$3,992,513
Other Revenue
$0
Change in Net Assets
$2,578,231

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,742,065
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$13,742,065
Total Revenue per Form 990
$13,742,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,201,596
Salaries, Compensation, and Employee Benefits$3,962,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,848,546$259,043$0$2,107,589
Interest$1,719,161$0$0$1,719,161
Other Employee Benefits$623,462$99,892$0$723,354
Current Officers, Directors, Trustees, and Key Employees$139,501$579,215$0$718,716
Information Technology$642,543$0$0$642,543
Depreciation Depletion$401,830$27,095$0$428,925
Advertising$364,123$0$0$364,123
Occupancy$316,714$35,190$0$351,904
Office Expenses$225,363$0$0$225,363
Payroll Taxes$174,264$36,375$0$210,639
Pension Plan Contributions$142,046$59,894$0$201,940
Insurance$115,368$0$0$115,368
Conferences and Meetings$84,511$1,677$0$86,188
Fees for Services Accounting$0$43,138$0$43,138
Fees for Services Management$0$28,659$0$28,659
All Other Expenses$23,626$0$0$23,626
Other Expenses$0$15,805$0$15,805
Fees for Services Other$0$13,277$0$13,277
Fees for Services Legal$1,975$0$0$1,975
Total Functional Expenses$9,964,574$1,199,260$0$11,163,834

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,163,834
Total Expenses per Audited Statements$11,163,834
Total Expenses per Form 990$11,163,834
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members share savings$59,520,652
Members money market savings$40,791,277
Members draft checking$32,811,807
Member share certificates$26,992,753
Members IRA savings$2,004,666
Members IRA certificates$1,385,141
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

Form 990, Part VI, Section A, Line 6

All credit unions by charter are member owned.

Form 990, Part VI, Section A, Line 7A

All of the governing body is elected by the membership.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by management and the Board of Directors prior to submission.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed by the employees and Board of Directors annually.

Form 990, Part VI, Section B, Line 15

Compensation of key employees is approved by the Board of Directors. Independent compensation surveys are utilized as a tool in setting compensation levels.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Autotruck Financial Credit Union
EIN
61-0594797
Phone
5024598981
Address
7651 Jefferson Green Way, Louisville, KY 40219

Signing Officer

Name
Jason Pendleton
Title
Chief Executive Officer
Phone
5024598981
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Pendleton
Formed
2011
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
57
Volunteers
11

Preparer

Firm
Schmidt & Associates
Address
P O Box 2588, Columbus, OH 43216
Preparer
Melissa Schmidt
Phone
6145291640
Raw XML AppendixShowing 400 of 726 raw XML fields

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt3Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairperson of Board
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chairperson of Board
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer / Secretary of Board
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director (January - October)
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director (November - December)
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0204974
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0384835
IRS990/PrincipalOfficerNm0Jason Pendleton
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
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IRS990/ProgramServiceRevenueGrp/Desc1Fees to members
IRS990/ProgramServiceRevenueGrp/Desc2ATM surcharges to non-members
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt20

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