Greater Eastern Credit Union
990 • Fiscal year 2012 • EIN 62-0731807
Scores are not available for this record yet.
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
-
No earlier filing loaded for comparison.
Expenses
Flat$1,951,382
Flat from 2012
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- May 8, 2013
- Return Version
- 2012v2.2
- Gross Receipts
- $1,887,061
Mission
Credit union - to provide services for approximately 4,020 members in the form of loans, savings, and other financial services.
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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|---|---|---|
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| IRS990/AccountsReceivable/EOY | 0 | 24294134 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | Credit Union - to provide financial services to members. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 2110 MOUNTCASTLE DRIVE |
| IRS990/AddressPrincipalOfficerUS/City | 0 | JOHNSON CITY |
| IRS990/AddressPrincipalOfficerUS/State | 0 | TN |
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| IRS990/CashNonInterestBearing/EOY | 0 | 8838728 |
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| IRS990/ConferencesMeetings/ManagementAndGeneral | 0 | 11062 |
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| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 4,333 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 1.00 |
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| IRS990/Form990PartVIISectionA/NamePerson | 2 | JACK BLEVINS |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | MARGARET J BROWN |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | TOBIE BLEDSOE |
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| IRS990/Form990PartVIISectionA/Title | 1 | VICE-CHAIRPERSON, BOARD |
| IRS990/Form990PartVIISectionA/Title | 2 | SECRETARY, BOARD |
| IRS990/Form990PartVIISectionA/Title | 3 | TREASURER, BOARD |
| IRS990/Form990PartVIISectionA/Title | 4 | BOARD MEMBER |
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| IRS990/Hospital | 0 | false |
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| IRS990/InfoInScheduleOPartIX | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
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| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 217899 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 217899 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsOtherSecurities/BOY | 0 | 10568400 |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 13288400 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 1180407 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 4638189 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 2240366 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 3457782 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LocalChapters | 0 | true |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | true |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | Credit Union - to provide financial services to members. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerBusiness/BusinessNameLine1 | 0 | GREATER EASTERN CREDIT UNION |
| IRS990/NbrIndependentVotingMembers | 0 | 5 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 5 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 5 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 7277236 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 7212915 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 0 |
| IRS990/NumberIndependentVotingMembers | 0 | 5 |
| IRS990/NumberOfEmployees | 0 | 24 |
| IRS990/NumberW2GIncluded | 0 | 0 |
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| IRS990/OtherExpenses/Description | 0 | PROFESSIONAL & OUTSIDE SERVICES |
| IRS990/OtherExpenses/Description | 1 | LOAN SERVICING EXPENSE |
| IRS990/OtherExpenses/Description | 2 | MEMBER INSURANCE |
| IRS990/OtherExpenses/Description | 3 | MISC. OPERATING EXPENSES |
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| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 60747 |
| IRS990/OtherExpenses/ManagementAndGeneral | 2 | 39590 |
| IRS990/OtherExpenses/ManagementAndGeneral | 3 | 29357 |
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| IRS990/OtherExpenses/Total | 2 | 39590 |
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| IRS990/OtherRevenueCurrentYear | 0 | 166858 |
| IRS990/OtherRevenueMisc/Description | 0 | OTHER OPERATING INCOME |
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| IRS990/PartialLiquidation | 0 | false |
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| IRS990/PensionPlanContributions/ManagementAndGeneral | 0 | 9093 |
| IRS990/PensionPlanContributions/Total | 0 | 9093 |
| IRS990/PoliciesReferenceChapters | 0 | true |
| IRS990/PoliticalActivities | 0 | false |
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| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenueCY | 0 | 1502304 |
| IRS990/ProgramServiceRevenue/Description | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenue/Description | 1 | FEE INCOME |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 1451006 |
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| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 401466 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReconcilationRevenueExpenses | 0 | -64321 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | true |
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| IRS990/ReportOtherLiabilities | 0 | true |
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| IRS990/SalariesEtcCurrentYear | 0 | 758928 |
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| IRS990/ScheduleBRequired | 0 | false |
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| IRS990ScheduleD/Buildings/Depreciation | 0 | 646216 |
| IRS990ScheduleD/Buildings/InvestmentCostOrOtherBasis | 0 | 3130685 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 364238 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 532558 |
| IRS990ScheduleD/Equipment/InvestmentCostOrOtherBasis | 0 | 896796 |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/Land/BookValue | 0 | 600708 |
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| IRS990ScheduleD/OtherAssets/BookValue | 1 | 11916 |
| IRS990ScheduleD/OtherAssets/BookValue | 2 | 471611 |
| IRS990ScheduleD/OtherAssets/BookValue | 3 | 40000 |
| IRS990ScheduleD/OtherAssets/Description | 0 | ACCRUED INTEREST ON LOANS |
| IRS990ScheduleD/OtherAssets/Description | 1 | ACCRUED INTEREST ON INVESTMENTS |
| IRS990ScheduleD/OtherAssets/Description | 2 | NCUA SHARE INSURANCE DEPOSIT |
| IRS990ScheduleD/OtherAssets/Description | 3 | FORECLOSED & REPOSSESSED ASSETS |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 8367 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 1633 |
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| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 15004388 |
| IRS990ScheduleD/OtherLiabilities/Amount | 2 | 24437440 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | SHARE DRAFTS |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | REGULAR SHARES |
| IRS990ScheduleD/OtherLiabilities/Description | 2 | ALL OTHER SHARES |
| IRS990ScheduleD/OtherSecurities/BookValue | 0 | 335400 |
| IRS990ScheduleD/OtherSecurities/BookValue | 1 | 12953000 |
| IRS990ScheduleD/OtherSecurities/Description | 0 | VCCU-MEMBERSHIP CAPITAL |
| IRS990ScheduleD/OtherSecurities/Description | 1 | ALL OTHER INVESTMENTS |
| IRS990ScheduleD/OtherSecurities/MethodOfValuation | 0 | C |
| IRS990ScheduleD/OtherSecurities/MethodOfValuation | 1 | C |
| IRS990ScheduleD/TotalBookValueOtherAssets | 0 | 586298 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 45256187 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 3457782 |
| IRS990ScheduleD/TotalOfBookValueSecurities | 0 | 13288400 |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Part 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. |
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| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | TN |
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| IRS990/Terminated | 0 | false |
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| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 2110 MOUNTCASTLE DRIVE |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | Johnson City |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | TN |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 37604 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | GREATER EASTERN CREDIT UNION |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 4232834300 |
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| IRS990/TotalAssets/EOY | 0 | 52510429 |
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| IRS990/TotalLiabilitiesBOY | 0 | 45374990 |
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| IRS990/TotalNbrEmployees | 0 | 24 |
| IRS990/TotalNbrVolunteers | 0 | 5 |
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| IRS990/TotalOtherRevenue | 0 | 166858 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
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| IRS990/TypeOfOrganizationOther | 0 | X |
| IRS990/TypeOfOrgOtherDescription | 0 | CREDIT UNION |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | N/A |
| IRS990/WhistleblowerPolicy | 0 | true |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 620731807 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | GREATER EASTERN CREDIT UNION |
| ReturnHeader/Filer/NameControl | 0 | GREA |
| ReturnHeader/Filer/Phone | 0 | 4232834300 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2110 MOUNTCASTLE DRIVE |
| ReturnHeader/Filer/USAddress/City | 0 | JOHNSON CITY |
| ReturnHeader/Filer/USAddress/State | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 37604 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2013-05-08 |
| ReturnHeader/Officer/Name | 0 | PEGGY BROWN |
| ReturnHeader/Officer/Phone | 0 | 4232834300 |
| ReturnHeader/Officer/Title | 0 | CEO |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-05-14 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | HIRAM H HOLLIFIELD CPA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1317 HICKORY VALLEY RD |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | CHATTANOOGA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | TN |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 37421 |
| ReturnHeader/Preparer/Name | 0 | Hiram Hollifield |
| ReturnHeader/Preparer/Phone | 0 | 4238992425 |
| ReturnHeader/Preparer/SelfEmployed | 0 | X |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-05-14T07:07:11-04:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $52,510,429
- Liabilities
- $45,297,514
- Net assets
- $7,212,915
- Revenue
- -
- Expenses
- $1,951,382
- Net income
- -