Civic Intelligence

Life Credit Union

990 • Fiscal year 2018 • EIN 62-0607232

Jan 01, 2018 to Dec 31, 2018 • Filed on May 21, 2019

Organization ProfileWWW.LIFECU.ORG

View Organization Page

2010 Church St No 204Nashville, TN 37203-2078

(615) 230-5433

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.88x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

13th percentile

11.75x

Higher debt load relative to revenue than 13% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Net Margin

8th percentile

-1.8%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$153,766

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Asset Growth

51st percentile

0.7%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

3.2%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$34,081,458

Up $250,910 (+0.7%) from 2017

Net Assets

Down

$3,978,273

Down $45,895 (-1.1%) from 2017

Liabilities

Up

$30,103,185

Up $296,805 (+1.0%) from 2017

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin8th percentile

Revenue

Up

$2,561,707

Up $78,889 (+3.2%) from 2017

Expenses

Up

$2,607,602

Up $297,098 (+13%) from 2017

Net Income

Down

-$45,895

Down $218,209 (-127%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$60M$40M$20M$0Assets 2010: $22,823,148Liabilities 2010: $20,038,663Net Assets 2010: $2,784,4852010Assets 2011: $25,059,165Liabilities 2011: $22,236,135Net Assets 2011: $2,823,0302011Assets 2012: $28,478,081Liabilities 2012: $25,401,078Net Assets 2012: $3,077,0032012Assets 2013: $29,676,076Liabilities 2013: $26,333,531Net Assets 2013: $3,342,5452013Assets 2014: $30,258,122Liabilities 2014: $26,687,439Net Assets 2014: $3,570,6832014Assets 2015: $31,506,230Liabilities 2015: $27,803,547Net Assets 2015: $3,702,6832015Assets 2016: $32,616,361Liabilities 2016: $28,764,507Net Assets 2016: $3,851,8542016Assets 2017: $33,830,548Liabilities 2017: $29,806,380Net Assets 2017: $4,024,1682017Assets 2018: $34,081,458Liabilities 2018: $30,103,185Net Assets 2018: $3,978,2732018Assets 2019: $34,355,140Liabilities 2019: $30,270,259Net Assets 2019: $4,084,8812019Assets 2020: $41,044,841Liabilities 2020: $37,169,338Net Assets 2020: $3,875,5032020

Highlighted filing

2018

Assets$34,081,458
Liabilities$30,103,185
Net Assets$3,978,273
Open 2018 Filing

Operations Trend

Revenue Growth11th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,921,8732010Revenue 2011: $2,273,633Expenses 2011: $2,205,606Net Income 2011: $68,0272011Expenses 2012: $2,065,9382012Revenue 2013: $2,242,853Expenses 2013: $1,977,311Net Income 2013: $265,5422013Revenue 2014: $2,194,386Expenses 2014: $1,966,220Net Income 2014: $228,1662014Revenue 2015: $2,200,676Expenses 2015: $2,068,704Net Income 2015: $131,9722015Revenue 2016: $2,388,715Expenses 2016: $2,239,544Net Income 2016: $149,1712016Revenue 2017: $2,482,818Expenses 2017: $2,310,504Net Income 2017: $172,3142017Revenue 2018: $2,561,707Expenses 2018: $2,607,602Net Income 2018: -$45,8952018Revenue 2019: $2,552,637Expenses 2019: $2,446,029Net Income 2019: $106,6082019Revenue 2020: $2,184,095Expenses 2020: $2,393,473Net Income 2020: -$209,3782020

Highlighted filing

2018

Revenue$2,561,707
Expenses$2,607,602
Net Income-$45,895
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 21, 2019
Return Version
2018v3.1
Gross Receipts
$2,561,707
Mission and Program Overview

Mission

Provide quality, personal service that meets or exceeds member needs. Our goal is to develop and promote competitively-priced financial serivces, and deliver those services in a professional, convenient, efficient and cost effective manner.

Life credit union exists to create personalized, lifelong financial relationships with every member we serve. We offer an extensive line of loan services, and savings and checking accounts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$27,396,969$27,843,289▲ $446,320
Savings and Temporary Cash Investments$4,868,005$4,602,262▼ $265,743
Rtn Earn Endowment Incm Other Fnds$3,244,168$3,198,273▼ $45,895
Cap Stk Tr Prin Current Funds$780,000$780,000→ $0
Receivables From Officers Etc$566,599$514,686▼ $51,913
Cash and Non-Interest-Bearing Accounts$268,873$420,698▲ $151,825
Land, Buildings, and Equipment, Net$61,126$50,169▼ $10,957
Prepaid Expenses and Deferred Charges$61,023$38,948▼ $22,075
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$33,830,548$34,081,458▲ $250,910
Other Assets Total$607,953$611,406▲ $3,453
Liabilities
Other Liabilities$29,745,217$30,129,925▲ $384,708
Accounts Payable and Accrued Expenses$61,163$-26,740▼ $87,903
Total Liabilities$29,806,380$30,103,185▲ $296,805
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,024,168$3,978,273▼ $45,895
Total Liabilities and Net Assets / Fund Balance$33,830,548$34,081,458▲ $250,910

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,169$616,435-
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Pam TenpennyPresident/CEOFT$153,766$153,766
Benita HarpVice PresidentFT$106,398$106,398

Board Members and Trustees

NameTitle
Bubba McintoshChair Person
Linda FowlerVice-chairperson
Dawn GibsonBoard Member
Frances CofflandBoard Member
Jennifer CauseyBoard Member
Justin LawsonBoard Member
Robert FittersBoard Member
Jim DrewScretary
Alex WhitleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$740,566
Program Service Revenue
$1,715,733
Investment Income
$70,906
Other Revenue
$34,502
Change in Net Assets
$-45,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,534,142
Salaries, Compensation, and Employee Benefits$1,073,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$561,207
All Other Expenses---$351,307
Current Officers, Directors, Trustees, and Key Employees---$260,164
Fees for Services Accounting---$236,394
Other Employee Benefits---$161,013
Interest---$155,965
Occupancy---$134,770
Other Expenses---$76,452
Payroll Taxes---$65,182
Depreciation Depletion---$49,444
Pension Plan Contributions---$25,894
Travel---$18,226
Conferences and Meetings---$3,050
Fees for Services Legal---$800
Total Functional Expenses$0$0$0$2,607,602
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
Receivables from Officers, Directors, Trustees, and Key Employees$566,599$514,686▼ $51,913
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares & Deposits$30,129,925
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section A, Line 6

“Each individual who opens a share/savings account becomes a member of the credit union.”

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

“Each individual who opens an account with the credit union becomes a member. The members vote on the board of directors.”

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

“Each individual who opens an account with the credit union becomes a member. The members vote on the board of directors.”

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

“The 990 is reviewed by the president/ceo before filing. Any board member can request a copy of the 990.”

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

“A code of conduct is signed annually.”

Form 990, Part VI, Section B, Line 15

“A software package is utilized that gives comparability data for personnel based on comparable industries and markets. Each officer and/or employee receives an annual review.”

Form 990, Part VI, Section C, Line 19

“Copies will be provided upon request.”

Filing and Contact Details

Filer

Filer Name
Life Credit Union
EIN
62-0607232
Phone
6152305433
Address
2010 CHURCH ST NO 204, NASHVILLE, TN 37203-2078

Signing Officer

Name
Pam Tenpenny
Title
President/CEO
Phone
6152305433
Signed
2019-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Tenpenny
Formed
1958
Legal Domicile
Tn
Voting Board Members
4,005
Independent Board Members
4,005
Employees
15
Volunteers
14

Preparer

Firm
Carr Riggs & Ingram LLC
Address
3011 ARMORY DRIVE SUITE 190, NASHVILLE, TN 37204
Preparer
Richard W Betts
Phone
6156651811
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Credit card program expense 54,571. Processing fees 43,842. Kasasa account rewards 34,928. Publicity and promotions 32,000. Surety bond insurance 22,524. Other expenses 21,219. Association dues 20,027. Equipment rental and maintenance 19,235. Bank service charges 18,999. Kasasa atm refunds 17,284. Telephone 16,242. Other office operations 12,694. Other loan servicing expense 10,142. Supervisory audit fees 9,600. Credit card rewards expense 9,361. Stationary & supplies 7,980. Postage - shipping 1,997. Prepaid debit cards expense 726. Investment center expense 250. Visa gift card expenses 186. Personalty taxes -2,500.”

Raw XML AppendixShowing 400 of 449 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/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01715733
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01715733
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0743434
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt072022
IRS990/PYOtherExpensesAmt01277194
IRS990/PYOtherRevenueAmt033544
IRS990/PYProgramServiceRevenueAmt01633818
IRS990/PYRevenuesLessExpensesAmt0172314
IRS990/PYSalariesCompEmpBnftPaidAmt01033310
IRS990/PYTotalExpensesAmt02310504
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02482818
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0566599
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0514686
IRS990/ReconcilationRevenueExpnssAmt0-45895
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03244168
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03198273
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04868005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04602262
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt050169
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0616435
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0666604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030129925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050169
IRS990ScheduleD/TotalLiabilityAmt030129925
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153766
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PAM TENPENNY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153766
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0227002
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt132340
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt280463
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt37019
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt4131796
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt536066
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOC, AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1SIGNATURE,
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5LOC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0235486
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt133225
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2151579
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt324000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4223617
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt545000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BENITA HARP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DEBORAH GIBSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2LESLIE WHITLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JIM DREW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4ROBIN BAGGETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5CARL WILLIS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0VICE PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1SUPERVISOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/TotalBalanceDueAmt0514686
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH INDIVIDUAL WHO OPENS A SHARE/SAVINGS ACCOUNT BECOMES A MEMBER OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH INDIVIDUAL WHO OPENS AN ACCOUNT WITH THE CREDIT UNION BECOMES A MEMBER. THE MEMBERS VOTE ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH INDIVIDUAL WHO OPENS AN ACCOUNT WITH THE CREDIT UNION BECOMES A MEMBER. THE MEMBERS VOTE ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE PRESIDENT/CEO BEFORE FILING. ANY BOARD MEMBER CAN REQUEST A COPY OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A CODE OF CONDUCT IS SIGNED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A SOFTWARE PACKAGE IS UTILIZED THAT GIVES COMPARABILITY DATA FOR PERSONNEL BASED ON COMPARABLE INDUSTRIES AND MARKETS. EACH OFFICER AND/OR EMPLOYEE RECEIVES AN ANNUAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES WILL BE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CREDIT CARD PROGRAM EXPENSE 54,571. PROCESSING FEES 43,842. KASASA ACCOUNT REWARDS 34,928. PUBLICITY AND PROMOTIONS 32,000. SURETY BOND INSURANCE 22,524. OTHER EXPENSES 21,219. ASSOCIATION DUES 20,027. EQUIPMENT RENTAL AND MAINTENANCE 19,235. BANK SERVICE CHARGES 18,999. KASASA ATM REFUNDS 17,284. TELEPHONE 16,242. OTHER OFFICE OPERATIONS 12,694. OTHER LOAN SERVICING EXPENSE 10,142. SUPERVISORY AUDIT FEES 9,600. CREDIT CARD REWARDS EXPENSE 9,361. STATIONARY & SUPPLIES 7,980. POSTAGE - SHIPPING 1,997. PREPAID DEBIT CARDS EXPENSE 726. INVESTMENT CENTER EXPENSE 250. VISA GIFT CARD EXPENSES 186. PERSONALTY TAXES -2,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033830548
IRS990/TotalAssetsEOYAmt034081458
IRS990/TotalAssetsGrp/BOYAmt033830548
IRS990/TotalAssetsGrp/EOYAmt034081458
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0740566
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/TotalAmt02607602
IRS990/TotalGrossUBIAmt034502
IRS990/TotalLiabilitiesBOYAmt029806380
IRS990/TotalLiabilitiesEOYAmt030103185
IRS990/TotalLiabilitiesGrp/BOYAmt029806380
IRS990/TotalLiabilitiesGrp/EOYAmt030103185
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04024168
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03978273
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01715733
IRS990/TotalReportableCompFromOrgAmt0260164
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01786639
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02561707
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt034502
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033830548
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt034081458

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,081,458
Liabilities
$30,103,185
Net assets
$3,978,273
Revenue
$2,561,707
Expenses
$2,607,602
Net income
-$45,895
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.0$37.2$3.88$2.18$2.39$0.21
2019Summary only. Only limited summary data is available for this year.$34.4$30.3$4.08$2.55$2.45$0.11
2018Detailed filing. Detailed filing data is available for this year.$34.1$30.1$3.98$2.56$2.61$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.8$29.8$4.02$2.48$2.31$0.17
2016Summary only. Only limited summary data is available for this year.$32.6$28.8$3.85$2.39$2.24$0.15
2015Summary only. Only limited summary data is available for this year.$31.5$27.8$3.70$2.20$2.07$0.13
2014Detailed filing. Detailed filing data is available for this year.$30.3$26.7$3.57$2.19$1.97$0.23
2013Detailed filing. Detailed filing data is available for this year.$29.7$26.3$3.34$2.24$1.98$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.5$25.4$3.08$2.07
2011Summary only. Only limited summary data is available for this year.$25.1$22.2$2.82$2.27$2.21$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.8$20.0$2.78$1.92