Civic Intelligence

Ashland Credit Union

990 • Fiscal year 2019 • EIN 61-6024972

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

1300 Central AvenueAshland, KY 41101-7550

(606) 329-5489

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.88x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

16.26x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Net Margin

83rd percentile

21%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

3rd percentile

$197,884

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Asset Growth

66th percentile

8.4%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

20%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Assets

Up

$273,529,531

Up $21,222,120 (+8.4%) from 2018

Net Assets

Up

$33,844,352

Up $3,492,966 (+12%) from 2018

Liabilities

Up

$239,685,179

Up $17,729,154 (+8.0%) from 2018

Revenue

Up

$14,740,983

Up $2,451,072 (+20%) from 2018

Expenses

Up

$11,655,242

Up $2,203,928 (+23%) from 2018

Net Income

Up

$3,085,741

Up $247,144 (+8.7%) from 2018

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $174,228,580Liabilities 2010: $157,270,085Net Assets 2010: $16,958,4952010Assets 2011: $171,539,699Liabilities 2011: $152,391,371Net Assets 2011: $19,148,3282011Assets 2012: $172,912,101Liabilities 2012: $152,041,677Net Assets 2012: $20,870,4242012Assets 2013: $177,815,913Liabilities 2013: $156,718,961Net Assets 2013: $21,096,9522013Assets 2014: $182,520,339Liabilities 2014: $159,015,935Net Assets 2014: $23,504,4042014Assets 2015: $189,047,934Liabilities 2015: $163,880,668Net Assets 2015: $25,167,2662015Assets 2016: $207,322,968Liabilities 2016: $181,188,763Net Assets 2016: $26,134,2052016Assets 2017: $226,730,753Liabilities 2017: $199,027,131Net Assets 2017: $27,703,6222017Assets 2018: $252,307,411Liabilities 2018: $221,956,025Net Assets 2018: $30,351,3862018Assets 2019: $273,529,531Liabilities 2019: $239,685,179Net Assets 2019: $33,844,3522019Assets 2020: $309,526,856Liabilities 2020: $272,923,107Net Assets 2020: $36,603,7492020Assets 2021: $339,651,427Liabilities 2021: $299,277,832Net Assets 2021: $40,373,5952021Assets 2022: $351,968,150Liabilities 2022: $312,656,091Net Assets 2022: $39,312,0592022Assets 2023: $376,390,268Liabilities 2023: $334,240,937Net Assets 2023: $42,149,3312023Assets 2024: $404,109,117Liabilities 2024: $361,078,528Net Assets 2024: $43,030,5892024

Highlighted filing

2019

Assets$273,529,531
Liabilities$239,685,179
Net Assets$33,844,352

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $7,308,4332010Expenses 2011: $5,725,5182011Expenses 2012: $5,758,6222012Revenue 2013: $7,321,679Expenses 2013: $6,191,569Net Income 2013: $1,130,1102013Revenue 2014: $8,024,343Expenses 2014: $6,107,769Net Income 2014: $1,916,5742014Revenue 2015: $8,469,369Expenses 2015: $6,725,393Net Income 2015: $1,743,9762015Revenue 2016: $8,983,912Expenses 2016: $8,022,683Net Income 2016: $961,2292016Revenue 2017: $10,364,712Expenses 2017: $8,684,207Net Income 2017: $1,680,5052017Revenue 2018: $12,289,911Expenses 2018: $9,451,314Net Income 2018: $2,838,5972018Revenue 2019: $14,740,983Expenses 2019: $11,655,242Net Income 2019: $3,085,7412019Revenue 2020: $15,212,632Expenses 2020: $12,702,671Net Income 2020: $2,509,9612020Revenue 2021: $16,258,598Expenses 2021: $11,780,980Net Income 2021: $4,477,6182021Revenue 2022: $16,845,160Expenses 2022: $14,034,582Net Income 2022: $2,810,5782022Revenue 2023: $21,886,374Expenses 2023: $19,418,530Net Income 2023: $2,467,8442023Revenue 2024: $25,824,455Expenses 2024: $24,800,290Net Income 2024: $1,024,1652024

Highlighted filing

2019

Revenue$14,740,983
Expenses$11,655,242
Net Income$3,085,741
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$14,740,983
Mission and Program Overview

Mission

The primary function of the credit union is to provide loans to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$195,442,059$216,875,457▲ $21,433,398
Rtn Earn Endowment Incm Other Fnds$30,351,386$33,844,352▲ $3,492,966
Cash and Non-Interest-Bearing Accounts$19,020,484$28,922,943▲ $9,902,459
Investments Other Securities$32,206,712$21,609,501▼ $10,597,211
Land, Buildings, and Equipment, Net$1,996,967$2,218,092▲ $221,125
Total Assets$252,307,411$273,529,531▲ $21,222,120
Other Assets Total$3,641,189$3,903,538▲ $262,349
Liabilities
Other Liabilities$220,818,662$237,890,879▲ $17,072,217
Accounts Payable and Accrued Expenses$1,137,363$1,794,300▲ $656,937
Total Liabilities$221,956,025$239,685,179▲ $17,729,154
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,351,386$33,844,352▲ $3,492,966
Total Liabilities and Net Assets / Fund Balance$252,307,411$273,529,531▲ $21,222,120

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,567,571-$6,567,571
Other Securities$4,486,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Larry J LucasPresidentFT$197,884$197,884

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,211,711
Investment Income
$1,137,667
Other Revenue
$2,391,605
Change in Net Assets
$3,085,741

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,740,983
Total Revenue per Audited Statements
$14,740,983
Total Revenue per Form 990
$14,740,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,848,187
Salaries, Compensation, and Employee Benefits$3,807,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$3,517,121
Other Salaries and Wages---$3,061,766
Other Employee Benefits---$546,423
Other Expenses---$511,480
Advertising---$277,570
Depreciation Depletion---$257,227
Payroll Taxes---$198,866
Conferences and Meetings---$139,904
All Other Expenses---$136,666
Fees for Services Accounting---$57,617
Occupancy---$56,265
Insurance---$55,809
Fees for Services Legal---$43,043
Total Functional Expenses$0$0$0$11,655,242

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,655,242
Total Expenses per Audited Statements$11,655,242
Total Expenses per Form 990$11,655,242
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 Certificate Accounts$86,218,996
Money Market$81,490,437
Regular Shares$32,090,629
Checking$17,120,396
IRA CD'S$11,966,888
Club Accounts$5,452,661
Health Savings$1,469,208
Ira Savings$1,081,664
Fhl Bank Advances$1,000,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 6

Credit union customers are in fact members

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

Membership elects 3-4 directors annually.

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

Reviewed by credit union officers.

Form 990, Page 6, Part VI, Line 15A

Compensation is based upon a market index coupled with a performance rating received during annual reviews.

Form 990, Page 6, Part VI, Line 15B

Compensation is based upon a market index coupled with a performance rating received during annual reviews.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Ashland Credit Union
EIN
61-6024972
Phone
6063295489
Address
1300 CENTRAL AVENUE, ASHLAND, KY 41101-7550

Signing Officer

Name
Larry J Lucas
Title
President
Phone
6063255489
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry J Lucas
Voting Board Members
35,874
Independent Board Members
35,874
Employees
0
Volunteers
23

Preparer

Firm
The Fyffe Jones Group Ac
Address
2155 CARTER AVENUE, ASHLAND, KY 41101
Preparer
William Neil Patton
Phone
6063298604
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The purpose of the credit union is to promote thrift, make interest bearing loans to its members, and to provide its members such other financial services in the best interest of the credit union and of its members.

Raw XML Appendix389 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01137363
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01794300
IRS990/AccountsReceivableGrp/BOYAmt0195442059
IRS990/AccountsReceivableGrp/EOYAmt0216875457
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PRIMARY FUNCTION OF THE CREDIT UNION IS TO PROVIDE LOANS TO ITS MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0277570
IRS990/AllOtherExpensesGrp/TotalAmt0136666
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0LARRY J LUCAS
IRS990/BooksInCareOfDetail/PhoneNum06063295410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01300 CENTRAL AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ASHLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd041101
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt019020484
IRS990/CashNonInterestBearingGrp/EOYAmt028922943
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt0139904
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01137667
IRS990/CYOtherExpensesAmt07848187
IRS990/CYOtherRevenueAmt02391605
IRS990/CYProgramServiceRevenueAmt011211711
IRS990/CYRevenuesLessExpensesAmt03085741
IRS990/CYSalariesCompEmpBnftPaidAmt03807055
IRS990/CYTotalExpensesAmt011655242
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014740983
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0257227
IRS990/Desc0THE PURPOSE OF THE CREDIT UNION IS TO PROMOTE THRIFT, MAKE INTEREST BEARING LOANS TO ITS MEMBERS, AND TO PROVIDE ITS MEMBERS SUCH OTHER FINANCIAL SERVICES IN THE BEST INTEREST OF THE CREDIT UNION AND OF ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt057617
IRS990/FeesForServicesLegalGrp/TotalAmt043043
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0LARRY J LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL E CURRY
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM DEARING
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT D FRISBY
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL A GARLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH F HSU
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSH R MALLONEE
IRS990/Form990PartVIISectionAGrp/PersonNm7LESLIE A NOEL
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL G SCHIFSKY
IRS990/Form990PartVIISectionAGrp/PersonNm9MATTHEW K SPENCE
IRS990/Form990PartVIISectionAGrp/PersonNm10ROB WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm11MARITA H WERNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0197884
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIRMAN
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt035874
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014740983
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt035874
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt055809
IRS990/InterestGrp/TotalAmt03517121
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01137667
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01137667
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt032206712
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt021609501
IRS990/IRPDocumentCnt08706
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04349479
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01996967
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02218092
IRS990/LandBldgEquipCostOrOtherBssAmt06567571
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0233295
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0233295
IRS990/MissionDesc0THE PRIMARY FUNCTION OF THE CREDIT UNION IS TO PROVIDE LOANS TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt030351386
IRS990/NetAssetsOrFundBalancesEOYAmt033844352
IRS990/NetUnrlzdGainsLossesInvstAmt0407225
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt056265
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03641189
IRS990/OtherAssetsTotalGrp/EOYAmt03903538
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0546423
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc3DATA PROCESSING
IRS990/OtherExpensesGrp/TotalAmt01046335
IRS990/OtherExpensesGrp/TotalAmt11026490
IRS990/OtherExpensesGrp/TotalAmt2722660
IRS990/OtherExpensesGrp/TotalAmt3511480
IRS990/OtherLiabilitiesGrp/BOYAmt0220818662
IRS990/OtherLiabilitiesGrp/EOYAmt0237890879
IRS990/OtherRevenueMiscGrp/Desc0MEMBER SERVICES
IRS990/OtherRevenueMiscGrp/Desc1VISA SERVICE FEES
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0923488
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1881087
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2353735
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0923488
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1881087
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2353735
IRS990/OtherRevenueTotalAmt02391605
IRS990/OtherSalariesAndWagesGrp/TotalAmt03061766
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0198866
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LARRY J LUCAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1ATM SURCHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011207975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011207975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13736
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03736
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE PURPOSE OF THE CREDIT UNION IS TO PROMOTE THRIFT, MAKE INTEREST BEARING LOANS TO ITS MEMBERS, AND TO PROVIDE ITS MEMBERS SUCH OTHER FINANCIAL SERVICES IN THE BEST INTEREST OF THE CREDIT UNION AND OF ITS MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt01099148
IRS990/PYOtherExpensesAmt05902542
IRS990/PYOtherRevenueAmt02241906
IRS990/PYProgramServiceRevenueAmt08948857
IRS990/PYRevenuesLessExpensesAmt02838597
IRS990/PYSalariesCompEmpBnftPaidAmt03548772
IRS990/PYTotalExpensesAmt09451314
IRS990/PYTotalRevenueAmt012289911
IRS990/ReconcilationRevenueExpnssAmt03085741
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030351386
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033844352
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt011655242
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06567571
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06567571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086218996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt181490437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt232090629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt317120396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt411966888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt55452661
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt61469208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt71081664
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt81000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE CERTIFICATE ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MONEY MARKET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CHECKING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRA CD'S
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5CLUB ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6HEALTH SAVINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7IRA SAVINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8FHL BANK ADVANCES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt017123501
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14486000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER CU INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER CU INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/RevenueSubtotalAmt014740983
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06567571
IRS990ScheduleD/TotalBookValueSecuritiesAmt021609501
IRS990ScheduleD/TotalExpensesPerForm990Amt011655242
IRS990ScheduleD/TotalLiabilityAmt0237890879
IRS990ScheduleD/TotalRevenuePerForm990Amt014740983
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014740983
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011655242
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0197884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY J LUCAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0197884
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CREDIT UNION IS TO PROMOTE THRIFT, MAKE INTEREST BEARING LOANS TO ITS MEMBERS, AND TO PROVIDE ITS MEMBERS SUCH OTHER FINANCIAL SERVICES IN THE BEST INTEREST OF THE CREDIT UNION AND OF ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT UNION CUSTOMERS ARE IN FACT MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP ELECTS 3-4 DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY CREDIT UNION OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS BASED UPON A MARKET INDEX COUPLED WITH A PERFORMANCE RATING RECEIVED DURING ANNUAL REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS BASED UPON A MARKET INDEX COUPLED WITH A PERFORMANCE RATING RECEIVED DURING ANNUAL REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0252307411
IRS990/TotalAssetsEOYAmt0273529531
IRS990/TotalAssetsGrp/BOYAmt0252307411
IRS990/TotalAssetsGrp/EOYAmt0273529531
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt011655242
IRS990/TotalGrossUBIAmt03736
IRS990/TotalLiabilitiesBOYAmt0221956025
IRS990/TotalLiabilitiesEOYAmt0239685179
IRS990/TotalLiabilitiesGrp/BOYAmt0221956025
IRS990/TotalLiabilitiesGrp/EOYAmt0239685179
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030351386
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033844352
IRS990/TotalProgramServiceRevenueAmt011211711
IRS990/TotalReportableCompFromOrgAmt0197884
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014737247
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014740983
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03736
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0252307411
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0273529531
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 CENTRAL AVENUE
IRS990/USAddress/CityNm0ASHLAND
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041101
IRS990/VotingMembersGoverningBodyCnt035874
IRS990/VotingMembersIndependentCnt035874
IRS990/WebsiteAddressTxt0WWW.ASHLANDCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY J LUCAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06063255489
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHLAND CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0ASHL
ReturnHeader/Filer/EIN0616024972
ReturnHeader/Filer/PhoneNum06063295489
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 CENTRAL AVENUE
ReturnHeader/Filer/USAddress/CityNm0ASHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0411017550
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00969A0982BBD610096A73F9809638F934A27ED21
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01B1062AF5F585780B3B06C73FEADAEE721177D00
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:50:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550634778
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE FYFFE JONES GROUP AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02155 CARTER AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd041101
ReturnHeader/PreparerPersonGrp/PhoneNum06063298604
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM NEIL PATTON
ReturnHeader/ReturnTs02020-11-16T08:50:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$404$361$43.0$25.8$24.8$1.02
2023Detailed filing. Detailed filing data is available for this year.$376$334$42.1$21.9$19.4$2.47
2022Detailed filing. Detailed filing data is available for this year.$352$313$39.3$16.8$14.0$2.81
2021Detailed filing. Detailed filing data is available for this year.$340$299$40.4$16.3$11.8$4.48
2020Detailed filing. Detailed filing data is available for this year.$310$273$36.6$15.2$12.7$2.51
2019Detailed filing. Detailed filing data is available for this year.$274$240$33.8$14.7$11.7$3.09
2018Detailed filing. Detailed filing data is available for this year.$252$222$30.4$12.3$9.45$2.84
2017Detailed filing. Detailed filing data is available for this year.$227$199$27.7$10.4$8.68$1.68
2016Detailed filing. Detailed filing data is available for this year.$207$181$26.1$8.98$8.02$0.96
2015Detailed filing. Detailed filing data is available for this year.$189$164$25.2$8.47$6.73$1.74
2014Detailed filing. Detailed filing data is available for this year.$183$159$23.5$8.02$6.11$1.92
2013Detailed filing. Detailed filing data is available for this year.$178$157$21.1$7.32$6.19$1.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$173$152$20.9$5.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$172$152$19.1$5.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$174$157$17.0$7.31