Civic Intelligence

Kimberly Clark Credit Union

990 • Fiscal year 2022 • EIN 62-0497719

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2023

Organization ProfileWWW.KIMBERLYCLARKCU.ORG

View Organization Page

1520 North Second StreetMemphis, TN 38107

(901) 521-4646

Siviq Scores

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

Liabilities / Assets

8th percentile

0.77x

Higher debt load relative to assets than 8% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

20th percentile

16.20x

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

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Net Margin

53rd percentile

16%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$270,723

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Asset Growth

49th percentile

2.2%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

10%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$132,407,018

Up $2,886,367 (+2.2%) from 2021

Net Assets

Up

$30,195,132

Up $1,000,489 (+3.4%) from 2021

Liabilities

Up

$102,211,886

Up $1,885,878 (+1.9%) from 2021

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin53rd percentile

Revenue

Up

$6,309,687

Up $597,751 (+10%) from 2021

Expenses

Up

$5,309,200

Up $142,037 (+2.7%) from 2021

Net Income

Up

$1,000,487

Up $455,714 (+84%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$150M$100M$50M$0Assets 2010: $94,411,235Liabilities 2010: $75,845,955Net Assets 2010: $18,565,2802010Assets 2011: $97,281,186Liabilities 2011: $77,710,800Net Assets 2011: $19,570,3862011Assets 2012: $101,374,735Liabilities 2012: $80,360,124Net Assets 2012: $21,014,6112012Assets 2013: $103,720,881Liabilities 2013: $81,174,862Net Assets 2013: $22,546,0192013Assets 2014: $105,230,562Liabilities 2014: $81,508,171Net Assets 2014: $23,722,3912014Assets 2015: $106,611,480Liabilities 2015: $82,201,640Net Assets 2015: $24,409,8402015Assets 2016: $109,667,592Liabilities 2016: $84,452,421Net Assets 2016: $25,215,1712016Assets 2017: $109,187,624Liabilities 2017: $82,940,883Net Assets 2017: $26,246,7412017Assets 2018: $112,629,149Liabilities 2018: $85,278,942Net Assets 2018: $27,350,2072018Assets 2019: $114,983,411Liabilities 2019: $86,897,600Net Assets 2019: $28,085,8112019Assets 2020: $124,796,358Liabilities 2020: $96,146,487Net Assets 2020: $28,649,8712020Assets 2021: $129,520,651Liabilities 2021: $100,326,008Net Assets 2021: $29,194,6432021Assets 2022: $132,407,018Liabilities 2022: $102,211,886Net Assets 2022: $30,195,1322022Assets 2023: $134,933,119Liabilities 2023: $103,982,179Net Assets 2023: $30,950,9402023Assets 2024: $141,378,690Liabilities 2024: $110,037,358Net Assets 2024: $31,341,3322024

Highlighted filing

2022

Assets$132,407,018
Liabilities$102,211,886
Net Assets$30,195,132
Open 2022 Filing

Operations Trend

Revenue Growth54th percentile

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

$10M$5.0M$0Expenses 2010: $5,486,7702010Revenue 2011: $6,222,899Expenses 2011: $5,217,792Net Income 2011: $1,005,1072011Expenses 2012: $4,620,6982012Revenue 2013: $5,871,081Expenses 2013: $4,339,673Net Income 2013: $1,531,4082013Revenue 2014: $5,888,879Expenses 2014: $4,712,509Net Income 2014: $1,176,3702014Revenue 2015: $5,544,115Expenses 2015: $4,856,667Net Income 2015: $687,4482015Revenue 2016: $5,777,042Expenses 2016: $4,971,710Net Income 2016: $805,3322016Revenue 2017: $6,072,205Expenses 2017: $5,040,635Net Income 2017: $1,031,5702017Revenue 2018: $6,273,571Expenses 2018: $5,170,106Net Income 2018: $1,103,4652018Revenue 2019: $6,330,119Expenses 2019: $5,594,514Net Income 2019: $735,6052019Revenue 2020: $6,004,605Expenses 2020: $5,440,544Net Income 2020: $564,0612020Revenue 2021: $5,711,936Expenses 2021: $5,167,163Net Income 2021: $544,7732021Revenue 2022: $6,309,687Expenses 2022: $5,309,200Net Income 2022: $1,000,4872022Revenue 2023: $7,706,688Expenses 2023: $6,950,881Net Income 2023: $755,8072023Revenue 2024: $8,442,222Expenses 2024: $8,051,832Net Income 2024: $390,3902024

Highlighted filing

2022

Revenue$6,309,687
Expenses$5,309,200
Net Income$1,000,487
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$6,309,687
Mission and Program Overview

Mission

Credit union - to provide services for approximately 8,210 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$77,126,966$84,597,581▲ $7,470,615
Rtn Earn Endowment Incm Other Fnds$25,094,643$25,795,132▲ $700,489
Investments Other Securities$17,067,145$25,202,293▲ $8,135,148
Cash and Non-Interest-Bearing Accounts$20,991,545$13,711,232▼ $7,280,313
Prepaid Expenses and Deferred Charges$8,327,147$7,326,928▼ $1,000,219
Savings and Temporary Cash Investments$4,578,784--
Cap Stk Tr Prin Current Funds$4,100,000$4,400,000▲ $300,000
Land, Buildings, and Equipment, Net$250,619$240,889▼ $9,730
Total Assets$129,520,651$132,407,018▲ $2,886,367
Other Assets Total$1,178,445$1,328,095▲ $149,650
Liabilities
Other Liabilities$99,108,213$100,634,560▲ $1,526,347
Accounts Payable and Accrued Expenses$1,217,795$1,577,326▲ $359,531
Total Liabilities$100,326,008$102,211,886▲ $1,885,878
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,194,643$30,195,132▲ $1,000,489
Total Liabilities and Net Assets / Fund Balance$129,520,651$132,407,018▲ $2,886,367

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$64,045$1,202,172$1,266,217
Equipment$106,505$959,019$1,065,524
Land$70,339-$70,339
Other Securities$760,283--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joel ForbessPresident/ceFT$164,732$105,991$270,723
Joel ForbessPresident/CEO-$137,492$133,231$270,723

Board Members and Trustees

NameTitle
Carla RileyBoard Chairm
-Board Member
Dena WordBoard Secret
Michael LumleyBoard Treasu
Warrie WilliamsBoard Vice C
-Associate Di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,945,470
Investment Income
$684,783
Other Revenue
$679,434
Change in Net Assets
$1,000,487

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,309,687
Total Revenue per Audited Statements
$6,309,687
Total Revenue per Form 990
$6,309,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,800,071
Salaries, Compensation, and Employee Benefits$2,509,129
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$1,673,569-$1,673,569
Interest-$851,040-$851,040
Office Expenses-$560,685-$560,685
Other Employee Benefits-$432,166-$432,166
Pension Plan Contributions-$282,521-$282,521
Occupancy-$165,334-$165,334
Payroll Taxes-$120,873-$120,873
Other Expenses-$80,090-$80,090
All Other Expenses-$79,768-$79,768
Conferences and Meetings-$70,011-$70,011
Total Functional Expenses$0$5,309,200$0$5,309,200

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,309,200
Total Expenses per Audited Statements$5,309,200
Total Expenses per Form 990$5,309,200
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regular Shares$45,867,611
All Other Shares$45,520,362
Share Drafts$9,246,587
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
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 members 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 15A

“The board of directors use a comparison of small credit union compensation.”

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

“Only comparability data was used in determining compensation for the president/ceo.”

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
Kimberly Clark Credit Union
EIN
62-0497719
Phone
9015214646
Address
1520 NORTH SECOND STREET, MEMPHIS, TN 38107

Signing Officer

Name
Joel Forbess
Title
President/CEO
Phone
9015214646
Signed
2023-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Forbess
Formed
1947
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
32
Volunteers
11

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 1, Part I, Line 6

“Hours of service are related to duties of the board of directors without compensation.”

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

“The credit union had no unrelated business income.”

Form 990, Part XI, Line 9

“Due to rounding 2 due to rounding 0 total 2”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Inc 4th qtr 2016 less 4th qtr 2015 0”

Schedule D, Page 4, Part XII, Line 2D

“Exp 4th qtr 2016 less 4th qtr 2015 0”

Raw XML AppendixShowing 400 of 415 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.

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-286
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0679720
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-286
IRS990/OtherRevenueTotalAmt0679434
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01673569
IRS990/OtherSalariesAndWagesGrp/TotalAmt01673569
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0120873
IRS990/PayrollTaxesGrp/TotalAmt0120873
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0282521
IRS990/PensionPlanContributionsGrp/TotalAmt0282521
IRS990/PoliticalCampaignActyInd0true
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08327147
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07326928
IRS990/PrincipalOfficerNm0JOEL FORBESS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04514697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1430773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04514697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1430773
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0851040
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0402395
IRS990/PYOtherExpensesAmt02671316
IRS990/PYOtherRevenueAmt0647827
IRS990/PYProgramServiceRevenueAmt04661714
IRS990/PYRevenuesLessExpensesAmt0544773
IRS990/PYSalariesCompEmpBnftPaidAmt02495847
IRS990/PYTotalExpensesAmt05167163
IRS990/PYTotalRevenueAmt05711936
IRS990/ReconcilationRevenueExpnssAmt01000487
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt025094643
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt025795132
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04578784
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0462728395
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0TENNESSEE CREDIT UNION LEAGUE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt01317 HICKORY VALLEY RD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0CHATTANOOGA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd037412
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTION TO THE TENNESSEE CREDIT UNION LEAGUE PAC
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleD/BuildingsGrp/BookValueAmt064045
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01202172
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01266217
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106505
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0959019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01065524
IRS990ScheduleD/ExpensesSubtotalAmt05309200
IRS990ScheduleD/LandGrp/BookValueAmt070339
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045867611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt145520362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29246587
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt024442010
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1760283
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PAID IN CAPITAL - VCCU
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/RevenueSubtotalAmt06309687
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INC 4TH QTR 2016 LESS 4TH QTR 2015 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXP 4TH QTR 2016 LESS 4TH QTR 2015 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0240889
IRS990ScheduleD/TotalBookValueSecuritiesAmt025202293
IRS990ScheduleD/TotalExpensesPerForm990Amt05309200
IRS990ScheduleD/TotalLiabilityAmt0100634560
IRS990ScheduleD/TotalRevenuePerForm990Amt06309687
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06309687
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05309200
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0137492
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount027240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0105991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOEL FORBESS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0270723
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAD NO UNRELATED BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION IS OWNED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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 MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE MANAGER. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS USE A COMPARISON OF SMALL CREDIT UNION COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ONLY COMPARABILITY DATA WAS USED IN DETERMINING COMPENSATION FOR THE PRESIDENT/CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUE TO ROUNDING 2 DUE TO ROUNDING 0 TOTAL 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0129520651
IRS990/TotalAssetsEOYAmt0132407018
IRS990/TotalAssetsGrp/BOYAmt0129520651
IRS990/TotalAssetsGrp/EOYAmt0132407018
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05309200
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05309200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100326008
IRS990/TotalLiabilitiesEOYAmt0102211886
IRS990/TotalLiabilitiesGrp/BOYAmt0100326008
IRS990/TotalLiabilitiesGrp/EOYAmt0102211886
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029194643
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030195132
IRS990/TotalOtherCompensationAmt0105991
IRS990/TotalProgramServiceExpensesAmt05309200
IRS990/TotalProgramServiceRevenueAmt04945470
IRS990/TotalReportableCompFromOrgAmt0164732
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06309687
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06309687
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0129520651
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132407018
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01520 NORTH SECOND STREET
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038107
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KIMBERLYCLARKCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL FORBESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09015214646
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIMBERLY CLARK CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0KIMB
ReturnHeader/Filer/EIN0620497719
ReturnHeader/Filer/PhoneNum09015214646
ReturnHeader/Filer/USAddress/AddressLine1Txt01520 NORTH SECOND STREET
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038107
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,407,018
Liabilities
$102,211,886
Net assets
$30,195,132
Revenue
$6,309,687
Expenses
$5,309,200
Net income
$1,000,487
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$141$110$31.3$8.44$8.05$0.39
2023Detailed filing. Detailed filing data is available for this year.$135$104$31.0$7.71$6.95$0.76
2022Detailed filing. Detailed filing data is available for this year.$132$102$30.2$6.31$5.31$1.00
2021Detailed filing. Detailed filing data is available for this year.$130$100$29.2$5.71$5.17$0.54
2020Detailed filing. Detailed filing data is available for this year.$125$96.1$28.6$6.00$5.44$0.56
2019Detailed filing. Detailed filing data is available for this year.$115$86.9$28.1$6.33$5.59$0.74
2018Detailed filing. Detailed filing data is available for this year.$113$85.3$27.4$6.27$5.17$1.10
2017Detailed filing. Detailed filing data is available for this year.$109$82.9$26.2$6.07$5.04$1.03
2016Detailed filing. Detailed filing data is available for this year.$110$84.5$25.2$5.78$4.97$0.81
2015Detailed filing. Detailed filing data is available for this year.$107$82.2$24.4$5.54$4.86$0.69
2014Detailed filing. Detailed filing data is available for this year.$105$81.5$23.7$5.89$4.71$1.18
2013Detailed filing. Detailed filing data is available for this year.$104$81.2$22.5$5.87$4.34$1.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$80.4$21.0$4.62
2011Summary only. Only limited summary data is available for this year.$97.3$77.7$19.6$6.22$5.22$1.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.4$75.8$18.6$5.49