Civic Intelligence

Life Credit Union

990 • Fiscal year 2020 • EIN 62-0607232

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.LIFECU.ORG

View Organization Page

2004 Hayes Street No 120Nashville, TN 37203

(615) 230-5433

Siviq Scores

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

Liabilities / Assets

74th percentile

0.91x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

17.02x

Higher debt load relative to revenue than 21% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

5th percentile

-9.6%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$170,339

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

78th percentile

19%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-14%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$41,044,841

Up $6,689,701 (+19%) from 2019

Net Assets

Down

$3,875,503

Down $209,378 (-5.1%) from 2019

Liabilities

Up

$37,169,338

Up $6,899,079 (+23%) from 2019

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin5th percentile

Revenue

Down

$2,184,095

Down $368,542 (-14%) from 2019

Expenses

Down

$2,393,473

Down $52,556 (-2.1%) from 2019

Net Income

Down

-$209,378

Down $315,986 (-296%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth78th 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

2020

Assets$41,044,841
Liabilities$37,169,338
Net Assets$3,875,503
Open 2020 Filing

Operations Trend

Revenue Growth10th 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

2020

Revenue$2,184,095
Expenses$2,393,473
Net Income-$209,378
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$2,184,095
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$28,454,844$24,920,872▼ $3,533,972
Savings and Temporary Cash Investments$4,495,877$14,923,907▲ $10,428,030
Rtn Earn Endowment Incm Other Fnds$3,304,881$3,095,503▼ $209,378
Cap Stk Tr Prin Current Funds$780,000$780,000→ $0
Cash and Non-Interest-Bearing Accounts$577,906$379,387▼ $198,519
Receivables From Officers Etc$145,409$159,062▲ $13,653
Prepaid Expenses and Deferred Charges$54,121$41,075▼ $13,046
Land, Buildings, and Equipment, Net$31,028$16,380▼ $14,648
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$34,355,140$41,044,841▲ $6,689,701
Other Assets Total$595,955$604,158▲ $8,203
Liabilities
Other Liabilities$30,612,077$37,043,184▲ $6,431,107
Accounts Payable and Accrued Expenses$-341,818$126,154▲ $467,972
Total Liabilities$30,270,259$37,169,338▲ $6,899,079
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,084,881$3,875,503▼ $209,378
Total Liabilities and Net Assets / Fund Balance$34,355,140$41,044,841▲ $6,689,701

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,380$430,074$446,454
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Pam NolenPresident/CEOFT$170,339$170,339

Board Members and Trustees

NameTitle
Bubba McintoshChair Person
Jennifer CauseyBoard Member
Justin LawsonBoard Member
Robert FittersBoard Member
Robin BaggettBoard Member
Jim DrewSecretary
Alex WhitleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$626,456
Program Service Revenue
$1,491,269
Investment Income
$41,797
Other Revenue
$24,573
Change in Net Assets
$-209,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,431,115
Salaries, Compensation, and Employee Benefits$962,358
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$577,181
All Other Expenses---$342,609
Fees for Services Accounting---$245,141
Interest---$205,492
Current Officers, Directors, Trustees, and Key Employees---$170,339
Occupancy---$142,543
Other Employee Benefits---$122,257
Other Expenses---$75,561
Payroll Taxes---$58,609
Pension Plan Contributions---$33,972
Depreciation Depletion---$21,764
Conferences and Meetings---$-250
Travel---$-1,000
Fees for Services Legal---$-2,200
Total Functional Expenses$0$0$0$2,393,473
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$145,409$159,062▲ $13,653
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares & Deposits$37,043,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, 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
2004 HAYES STREET NO 120, NASHVILLE, TN 37203

Signing Officer

Name
Pam Nolen
Title
President/CEO
Phone
6152305433
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Nolen
Formed
1958
Legal Domicile
Tn
Voting Board Members
3,962
Independent Board Members
3,962
Employees
13
Volunteers
12

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 61,505. Processing fees 44,022. Kasasa account rewards 41,348. Other expenses 27,169. Surety bond insurance 22,200. Bank service charges 18,988. Credit card rewards expense 15,685. Kasasa atm refunds 15,231. Publicity and promotions 15,000. Equipment rental and maintenance 14,457. Telephone 13,679. Association dues 11,260. Other loan servicing expense 10,726. Supervisory audit fees 9,600. Other office operations 9,349. Stationary & supplies 8,156. Postage - shipping 3,236. Prepaid debit cards expense 727. Visa gift card expenses 271.”

Raw XML Appendix394 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/ActivityOrMissionDesc0LIFE 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.
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03304881
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03095503
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04495877
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014923907
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt016380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0430074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0446454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037043184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES & DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016380
IRS990ScheduleD/TotalLiabilityAmt037043184
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0170339
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 NOLEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0170339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0141695
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt117367
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0248311
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt140000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROBIN BAGGETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PAMELA N NOLEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0159062
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 61,505. PROCESSING FEES 44,022. KASASA ACCOUNT REWARDS 41,348. OTHER EXPENSES 27,169. SURETY BOND INSURANCE 22,200. BANK SERVICE CHARGES 18,988. CREDIT CARD REWARDS EXPENSE 15,685. KASASA ATM REFUNDS 15,231. PUBLICITY AND PROMOTIONS 15,000. EQUIPMENT RENTAL AND MAINTENANCE 14,457. TELEPHONE 13,679. ASSOCIATION DUES 11,260. OTHER LOAN SERVICING EXPENSE 10,726. SUPERVISORY AUDIT FEES 9,600. OTHER OFFICE OPERATIONS 9,349. STATIONARY & SUPPLIES 8,156. POSTAGE - SHIPPING 3,236. PREPAID DEBIT CARDS EXPENSE 727. VISA GIFT CARD EXPENSES 271.
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt034355140
IRS990/TotalAssetsEOYAmt041044841
IRS990/TotalAssetsGrp/BOYAmt034355140
IRS990/TotalAssetsGrp/EOYAmt041044841
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0626456
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/TotalAmt02393473
IRS990/TotalGrossUBIAmt024573
IRS990/TotalLiabilitiesBOYAmt030270259
IRS990/TotalLiabilitiesEOYAmt037169338
IRS990/TotalLiabilitiesGrp/BOYAmt030270259
IRS990/TotalLiabilitiesGrp/EOYAmt037169338
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04084881
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03875503
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01491269
IRS990/TotalReportableCompFromOrgAmt0170339
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01533066
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02184095
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt024573
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034355140
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041044841
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0-1000
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02010 CHURCH STREET SUITE 204
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037203
IRS990/VotingMembersGoverningBodyCnt03962
IRS990/VotingMembersIndependentCnt03962
IRS990/WebsiteAddressTxt0WWW.LIFECU.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM NOLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06152305433
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0620607232
ReturnHeader/Filer/PhoneNum06152305433
ReturnHeader/Filer/USAddress/AddressLine1Txt02004 HAYES STREET NO 120
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721399621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03011 ARMORY DRIVE SUITE 190
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037204
ReturnHeader/PreparerPersonGrp/PhoneNum06156651811
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD W BETTS
ReturnHeader/ReturnTs02021-11-12T09:46:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NOLEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,044,841
Liabilities
$37,169,338
Net assets
$3,875,503
Revenue
$2,184,095
Expenses
$2,393,473
Net income
-$209,378
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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