Civic Intelligence

Greater Eastern Credit Union

990 • Fiscal year 2012 • EIN 62-0731807

Jan 01, 2012 to Dec 31, 2012 • Filed on May 08, 2013

2110 Mountcastle Drive37604
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$52,510,429

Flat from 2012

Net Assets

Flat

$7,212,915

Flat from 2012

Liabilities

Flat

$45,297,514

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,951,382

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $45,757,075Liabilities 2010: $38,511,210Net Assets 2010: $7,245,8652010Assets 2011: $52,652,226Liabilities 2011: $45,374,990Net Assets 2011: $7,277,2362011Assets 2012: $52,510,429Liabilities 2012: $45,297,514Net Assets 2012: $7,212,9152012Assets 2012: $52,510,429Liabilities 2012: $45,297,514Net Assets 2012: $7,212,9152012Assets 2013: $50,468,835Liabilities 2013: $43,181,589Net Assets 2013: $7,287,2462013Assets 2014: $50,244,953Liabilities 2014: $42,978,377Net Assets 2014: $7,266,5762014Assets 2015: $50,403,879Liabilities 2015: $42,951,410Net Assets 2015: $7,452,4692015Assets 2016: $51,678,942Liabilities 2016: $44,009,154Net Assets 2016: $7,669,7882016Assets 2017: $54,463,798Liabilities 2017: $46,866,740Net Assets 2017: $7,597,0582017Assets 2018: $50,775,920Liabilities 2018: $43,483,701Net Assets 2018: $7,292,2192018Assets 2019: $51,004,259Liabilities 2019: $43,783,067Net Assets 2019: $7,221,1922019Assets 2020: $55,777,044Liabilities 2020: $49,290,448Net Assets 2020: $6,486,5962020Assets 2021: $59,766,875Liabilities 2021: $52,983,632Net Assets 2021: $6,783,2432021Assets 2022: $60,219,676Liabilities 2022: $52,946,304Net Assets 2022: $7,273,3722022Assets 2023: $55,383,589Liabilities 2023: $47,779,536Net Assets 2023: $7,604,0532023Assets 2024: $55,894,296Liabilities 2024: $48,026,995Net Assets 2024: $7,867,3012024

Highlighted filing

2012

Assets$52,510,429
Liabilities$45,297,514
Net Assets$7,212,915

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,865,4822010Expenses 2011: $1,812,5342011Expenses 2012: $1,951,3822012Revenue 2012: $1,887,061Expenses 2012: $1,951,382Net Income 2012: -$64,3212012Revenue 2013: $2,002,047Expenses 2013: $1,927,715Net Income 2013: $74,3322013Revenue 2014: $1,940,935Expenses 2014: $1,961,605Net Income 2014: -$20,6702014Revenue 2015: $2,060,101Expenses 2015: $1,874,207Net Income 2015: $185,8942015Revenue 2016: $2,192,717Expenses 2016: $1,975,398Net Income 2016: $217,3192016Revenue 2017: $2,518,458Expenses 2017: $2,591,189Net Income 2017: -$72,7312017Revenue 2018: $2,261,571Expenses 2018: $2,566,410Net Income 2018: -$304,8392018Revenue 2019: $2,738,326Expenses 2019: $2,809,351Net Income 2019: -$71,0252019Revenue 2020: $2,872,334Expenses 2020: $2,816,120Net Income 2020: $56,2142020Revenue 2021: $2,606,749Expenses 2021: $2,310,102Net Income 2021: $296,6472021Revenue 2022: $2,779,243Expenses 2022: $2,289,113Net Income 2022: $490,1302022Revenue 2023: $3,133,252Expenses 2023: $2,632,571Net Income 2023: $500,6812023Revenue 2024: $3,401,896Expenses 2024: $3,138,648Net Income 2024: $263,2482024

Highlighted filing

2012

Revenue-
Expenses$1,951,382
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 8, 2013
Return Version
2012v2.2
Gross Receipts
$1,887,061
Mission and Program Overview

Mission

Credit union - to provide services for approximately 4,020 members in the form of loans, savings, and other financial services.

Filing and Contact Details

Filer

EIN
62-0731807
Raw XML Appendix325 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/ActivityOrMissionDescription0Credit Union - to provide financial services to members.
IRS990/AddressPrincipalOfficerUS/AddressLine102110 MOUNTCASTLE DRIVE
IRS990/AddressPrincipalOfficerUS/City0JOHNSON CITY
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IRS990/AddressPrincipalOfficerUS/ZIPCode037604
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IRS990/Form990PartVIISectionA/Title0CHAIRPERSON BOARD OF DIRECTORS
IRS990/Form990PartVIISectionA/Title1VICE-CHAIRPERSON, BOARD
IRS990/Form990PartVIISectionA/Title2SECRETARY, BOARD
IRS990/Form990PartVIISectionA/Title3TREASURER, BOARD
IRS990/Form990PartVIISectionA/Title4BOARD MEMBER
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IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts01887061
IRS990/GroupExemptionNumber01182
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
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IRS990/IndoorTanningServices0false
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IRS990/InfoInScheduleOPartVI0X
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IRS990/InfoInScheduleOPartXII0X
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IRS990/InvestmentIncome/TotalRevenueColumn0217899
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/BOY010568400
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IRS990/LocalChapters0true
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IRS990/MoreThan5000KToIndividuals0false
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IRS990/NbrIndependentVotingMembers05
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IRS990/OfficerMailingAddress0false
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IRS990/OtherExpenses/Description0PROFESSIONAL & OUTSIDE SERVICES
IRS990/OtherExpenses/Description1LOAN SERVICING EXPENSE
IRS990/OtherExpenses/Description2MEMBER INSURANCE
IRS990/OtherExpenses/Description3MISC. OPERATING EXPENSES
IRS990/OtherExpenses/ManagementAndGeneral0241500
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IRS990/PoliciesReferenceChapters0true
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/BOY0412971
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IRS990/ProfessionalFundraising0false
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IRS990/ProgramServiceRevenue/Description0INTEREST ON LOANS
IRS990/ProgramServiceRevenue/Description1FEE INCOME
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IRS990/ScheduleBRequired0false
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IRS990ScheduleD/Equipment/BookValue0364238
IRS990ScheduleD/Equipment/Depreciation0532558
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IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/Land/BookValue0600708
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IRS990ScheduleD/OtherAssets/Description1ACCRUED INTEREST ON INVESTMENTS
IRS990ScheduleD/OtherAssets/Description2NCUA SHARE INSURANCE DEPOSIT
IRS990ScheduleD/OtherAssets/Description3FORECLOSED & REPOSSESSED ASSETS
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IRS990ScheduleD/OtherLiabilities/Amount115004388
IRS990ScheduleD/OtherLiabilities/Amount224437440
IRS990ScheduleD/OtherLiabilities/Description0SHARE DRAFTS
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IRS990ScheduleD/OtherLiabilities/Description2ALL OTHER SHARES
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IRS990ScheduleD/OtherSecurities/BookValue112953000
IRS990ScheduleD/OtherSecurities/Description0VCCU-MEMBERSHIP CAPITAL
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IRS990ScheduleD/TotalOfBookValueSecurities013288400
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0Part VI Section B Line 12 C The policies of the credit union are reviewed regularly in the monthly board meetings at least once a year. Part VI Section B Line 15 B The compensation for officers and key employees is set by the Board of Directors. Part VI Section A Line 6 The credit union is owned by the members. Part VI Section A Line 7 A The members elect the Board of Directors at the Annual Meeting every year. Part VI Section A Line 7B Some decisions made by the Board of Directors are affirmed by the members. Part VI Section B Line 12A The Board of Directors monitor and enforce the compliance policy. Part VI Seciton C Line 19 Financial documents are posted in the credit union by the 15th of the subsequent month. Part VII Hours of service are related to duties of the Board of Directors without compensation. Part XII Line C Annual Agreed Upon Procedures are performed by an independent auditor on behalf of the Board of Directors. Part VI Section A Line 1A 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. Part VI Section B Line 11B The Form 990 is available for review by the Board of Directors upon request.
IRS990/ScheduleORequired0true
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IRS990/StatesWhereCopyOfReturnIsFiled0TN
IRS990/TaxablePartyNotification0false
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IRS990/Terminated0false
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IRS990/TheBooksAreInCareOf/AddressUS/City0Johnson City
IRS990/TheBooksAreInCareOf/AddressUS/State0TN
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode037604
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10GREATER EASTERN CREDIT UNION
IRS990/TheBooksAreInCareOf/TelephoneNumber04232834300
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IRS990/TotalAssetsEOY052510429
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear01951382
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IRS990/TotalGrossUBI00
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IRS990/TotalLiabilitiesBOY045374990
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IRS990/TotalNbrVolunteers05
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IRS990/TotalNetAssetsFundBalances/EOY07212915
IRS990/TotalOtherRevenue0166858
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IRS990/TotalProgramServiceRevenue01502304
IRS990/TotalRevenueCurrentYear01887061
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IRS990/TotalRevenue/RelatedOrExemptFunctionIncome01887061
IRS990/TotalRevenue/TotalRevenueColumn01887061
IRS990/TypeOfOrganizationOther0X
IRS990/TypeOfOrgOtherDescription0CREDIT UNION
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0N/A
IRS990/WhistleblowerPolicy0true
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0620731807
ReturnHeader/Filer/Name/BusinessNameLine10GREATER EASTERN CREDIT UNION
ReturnHeader/Filer/NameControl0GREA
ReturnHeader/Filer/Phone04232834300
ReturnHeader/Filer/USAddress/AddressLine102110 MOUNTCASTLE DRIVE
ReturnHeader/Filer/USAddress/City0JOHNSON CITY
ReturnHeader/Filer/USAddress/State0TN
ReturnHeader/Filer/USAddress/ZIPCode037604
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-05-08
ReturnHeader/Officer/Name0PEGGY BROWN
ReturnHeader/Officer/Phone04232834300
ReturnHeader/Officer/Title0CEO
ReturnHeader/Preparer/DatePrepared02013-05-14
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10HIRAM H HOLLIFIELD CPA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101317 HICKORY VALLEY RD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0CHATTANOOGA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0TN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode037421
ReturnHeader/Preparer/Name0Hiram Hollifield
ReturnHeader/Preparer/Phone04238992425
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-05-14T07:07:11-04:00

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.$55.9$48.0$7.87$3.40$3.14$0.26
2023Detailed filing. Detailed filing data is available for this year.$55.4$47.8$7.60$3.13$2.63$0.50
2022Detailed filing. Detailed filing data is available for this year.$60.2$52.9$7.27$2.78$2.29$0.49
2021Detailed filing. Detailed filing data is available for this year.$59.8$53.0$6.78$2.61$2.31$0.30
2020Detailed filing. Detailed filing data is available for this year.$55.8$49.3$6.49$2.87$2.82$0.06
2019Detailed filing. Detailed filing data is available for this year.$51.0$43.8$7.22$2.74$2.81$0.07
2018Detailed filing. Detailed filing data is available for this year.$50.8$43.5$7.29$2.26$2.57$0.30
2017Detailed filing. Detailed filing data is available for this year.$54.5$46.9$7.60$2.52$2.59$0.07
2016Detailed filing. Detailed filing data is available for this year.$51.7$44.0$7.67$2.19$1.98$0.22
2015Detailed filing. Detailed filing data is available for this year.$50.4$43.0$7.45$2.06$1.87$0.19
2014Detailed filing. Detailed filing data is available for this year.$50.2$43.0$7.27$1.94$1.96$0.02
2013Detailed filing. Detailed filing data is available for this year.$50.5$43.2$7.29$2.00$1.93$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.5$45.3$7.21$1.95
2012Summary only. Only limited summary data is available for this year.$52.5$45.3$7.21$1.89$1.95$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.7$45.4$7.28$1.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.8$38.5$7.25$1.87