Civic Intelligence

Greater Eastern Credit Union

990 • Fiscal year 2018 • EIN 62-0731807

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

Organization ProfileWWW.GREATEREASTERN.ORG

View Organization Page

P O Box 5130Johnson City, TN 37602

(423) 283-4300

Siviq Scores

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

Liabilities / Assets

28th percentile

0.86x

Higher debt load relative to assets than 28% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

19.23x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Net Margin

5th percentile

-13%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

9th percentile

$81,349

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Asset Growth

3rd percentile

-6.8%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-10%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$50,775,920

Down $3,687,878 (-6.8%) from 2017

Net Assets

Down

$7,292,219

Down $304,839 (-4.0%) from 2017

Liabilities

Down

$43,483,701

Down $3,383,039 (-7.2%) from 2017

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin5th percentile

Revenue

Down

$2,261,571

Down $256,887 (-10%) from 2017

Expenses

Down

$2,566,410

Down $24,779 (-1.0%) from 2017

Net Income

Down

-$304,839

Down $232,108 (-319%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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 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

2018

Assets$50,775,920
Liabilities$43,483,701
Net Assets$7,292,219
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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: $1,812,5342011Revenue 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

2018

Revenue$2,261,571
Expenses$2,566,410
Net Income-$304,839
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$2,261,571
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.

Credit union - to provide financial services for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$30,394,730$31,387,634▲ $992,904
Investments Other Securities$6,328,400$5,831,400▼ $497,000
Prepaid Expenses and Deferred Charges$4,437,234$4,342,120▼ $95,114
Rtn Earn Endowment Incm Other Fnds$4,533,360$4,228,521▼ $304,839
Cash and Non-Interest-Bearing Accounts$7,384,573$3,521,001▼ $3,863,572
Cap Stk Tr Prin Current Funds$3,063,698$3,063,698→ $0
Land, Buildings, and Equipment, Net$3,614,718$2,946,881▼ $667,837
Savings and Temporary Cash Investments$1,698,000$2,196,000▲ $498,000
Total Assets$54,463,798$50,775,920▼ $3,687,878
Other Assets Total$606,143$550,884▼ $55,259
Liabilities
Other Liabilities$46,725,432$43,358,040▼ $3,367,392
Accounts Payable and Accrued Expenses$141,308$125,661▼ $15,647
Total Liabilities$46,866,740$43,483,701▼ $3,383,039
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,597,058$7,292,219▼ $304,839
Total Liabilities and Net Assets / Fund Balance$54,463,798$50,775,920▼ $3,687,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,143,851$858,520$3,002,371
Equipment$260,322$528,487$788,809
Land$542,708-$542,708
Other Securities$335,400--
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Danielle BrooksCEO/treasureFT$67,079$14,270$81,349
Tracy FieldsCOOFT$57,104$19,721$76,825
Samantha CantrellCFOFT$53,629$19,599$73,228

Board Members and Trustees

NameTitle
Phyllis HaulseeChairwoman
Lynice BroylesVice Chairwo
Lois Gail KykerBoard Member
Jack BlevinsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,045,982
Investment Income
$245,492
Other Revenue
$-29,903
Change in Net Assets
$-304,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,640,457
Salaries, Compensation, and Employee Benefits$925,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$700,041-$700,041
Office Expenses-$371,259-$371,259
Interest-$246,419-$246,419
Occupancy-$196,716-$196,716
Other Employee Benefits-$159,733-$159,733
Other Expenses-$83,183-$83,183
Payroll Taxes-$48,882-$48,882
All Other Expenses-$24,448-$24,448
Pension Plan Contributions-$17,297-$17,297
Conferences and Meetings-$13,669-$13,669
Total Functional Expenses$0$2,566,410$0$2,566,410
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
All Other Shares$20,081,540
Regular Shares$16,267,367
Share Drafts$7,009,133
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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 manager reviews the form 990. 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

“Review qualifications, experience, review of compensation survey & local wage scales. Annual evaluation completed by personnel committee.”

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
Greater Eastern Credit Union
EIN
62-0731807
Phone
4232834300
Address
P O BOX 5130, JOHNSON CITY, TN 37602

Signing Officer

Name
Danielle Brooks
Title
CEO/treasurer
Phone
4232834300
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danielle Brooks
Voting Board Members
5
Independent Board Members
5
Employees
23
Volunteers
5

Preparer

Firm
Cu Audit & Compliance Group
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Hiram H Hollifield
Phone
2054372176
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

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

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

“The credit union does not have any unrelated business income.”

Form 990, Part XI, Line 9

“DUE TO ROUNDING 0”

Form 990, Part XII

“Annual agreed upon procedures are performed by an independent auditor.”

Raw XML Appendix378 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0141308
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0125661
IRS990/AccountsReceivableGrp/BOYAmt030394730
IRS990/AccountsReceivableGrp/EOYAmt031387634
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024448
IRS990/AllOtherExpensesGrp/TotalAmt024448
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DANIELLE BROOKS
IRS990/BooksInCareOfDetail/PhoneNum04232834300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 5130
IRS990/BooksInCareOfDetail/USAddress/CityNm0JOHNSON CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037602
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt03063698
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt03063698
IRS990/CashNonInterestBearingGrp/BOYAmt07384573
IRS990/CashNonInterestBearingGrp/EOYAmt03521001
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt013669
IRS990/ConferencesMeetingsGrp/TotalAmt013669
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0245492
IRS990/CYOtherExpensesAmt01640457
IRS990/CYOtherRevenueAmt0-29903
IRS990/CYProgramServiceRevenueAmt02045982
IRS990/CYRevenuesLessExpensesAmt0-304839
IRS990/CYSalariesCompEmpBnftPaidAmt0925953
IRS990/CYTotalExpensesAmt02566410
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02261571
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt02319991
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt014270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt119599
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219721
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIELLE BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm1SAMANTHA CANTRELL
IRS990/Form990PartVIISectionAGrp/PersonNm2TRACY FIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm3PHYLLIS HAULSEE
IRS990/Form990PartVIISectionAGrp/PersonNm4LYNICE BROYLES
IRS990/Form990PartVIISectionAGrp/PersonNm5JACK BLEVINS
IRS990/Form990PartVIISectionAGrp/PersonNm6LOIS GAIL KYKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt067079
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt153629
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt257104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2COO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRWO
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02261571
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt0246419
IRS990/InterestGrp/TotalAmt0246419
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0245492
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0245492
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06328400
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05831400
IRS990/IRPDocumentCnt0929
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01387007
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03614718
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02946881
IRS990/LandBldgEquipCostOrOtherBssAmt04333888
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 4,400 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07597058
IRS990/NetAssetsOrFundBalancesEOYAmt07292219
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0196716
IRS990/OccupancyGrp/TotalAmt0196716
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0371259
IRS990/OfficeExpensesGrp/TotalAmt0371259
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0606143
IRS990/OtherAssetsTotalGrp/EOYAmt0550884
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0159733
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0159733
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1PROF & OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXP
IRS990/OtherExpensesGrp/Desc3MISC EXP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0333501
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1264567
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2106695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt383183
IRS990/OtherExpensesGrp/TotalAmt0333501
IRS990/OtherExpensesGrp/TotalAmt1264567
IRS990/OtherExpensesGrp/TotalAmt2106695
IRS990/OtherExpensesGrp/TotalAmt383183
IRS990/OtherLiabilitiesGrp/BOYAmt046725432
IRS990/OtherLiabilitiesGrp/EOYAmt043358040
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1LOSS ON DISPOS OF FIXED ASSET
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0362780
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-392683
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0362780
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-392683
IRS990/OtherRevenueTotalAmt0-29903
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0700041
IRS990/OtherSalariesAndWagesGrp/TotalAmt0700041
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048882
IRS990/PayrollTaxesGrp/TotalAmt048882
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017297
IRS990/PensionPlanContributionsGrp/TotalAmt017297
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04437234
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04342120
IRS990/PrincipalOfficerNm0DANIELLE BROOKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01608046
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1437936
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01608046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1437936
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0246419
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0186652
IRS990/PYOtherExpensesAmt01623470
IRS990/PYOtherRevenueAmt0304997
IRS990/PYProgramServiceRevenueAmt02026809
IRS990/PYRevenuesLessExpensesAmt0-72731
IRS990/PYSalariesCompEmpBnftPaidAmt0967719
IRS990/PYTotalExpensesAmt02591189
IRS990/PYTotalRevenueAmt02518458
IRS990/ReconcilationRevenueExpnssAmt0-304839
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04533360
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04228521
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01698000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02196000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02143851
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0858520
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03002371
IRS990ScheduleD/EquipmentGrp/BookValueAmt0260322
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0528487
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0788809
IRS990ScheduleD/LandGrp/BookValueAmt0542708
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0542708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020081540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116267367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27009133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05496000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1335400
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VCCU-PAID IN CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02946881
IRS990ScheduleD/TotalBookValueSecuritiesAmt05831400
IRS990ScheduleD/TotalLiabilityAmt043358040
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION DOES NOT HAVE ANY 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 MANAGER REVIEWS THE FORM 990. 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/ExplanationTxt7REVIEW QUALIFICATIONS, EXPERIENCE, REVIEW OF COMPENSATION SURVEY & LOCAL WAGE SCALES. ANNUAL EVALUATION COMPLETED BY PERSONNEL COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DUE TO ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR.
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt054463798
IRS990/TotalAssetsEOYAmt050775920
IRS990/TotalAssetsGrp/BOYAmt054463798
IRS990/TotalAssetsGrp/EOYAmt050775920
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02566410
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02566410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046866740
IRS990/TotalLiabilitiesEOYAmt043483701
IRS990/TotalLiabilitiesGrp/BOYAmt046866740
IRS990/TotalLiabilitiesGrp/EOYAmt043483701
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07597058
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07292219
IRS990/TotalOtherCompensationAmt053590
IRS990/TotalProgramServiceExpensesAmt02566410
IRS990/TotalProgramServiceRevenueAmt02045982
IRS990/TotalReportableCompFromOrgAmt0177812
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02261571
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02261571
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054463798
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt050775920
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 5130
IRS990/USAddress/CityNm0JOHNSON CITY
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037602
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GREATEREASTERN.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIELLE BROOKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04232834300
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER EASTERN CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0620731807
ReturnHeader/Filer/PhoneNum04232834300
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 5130
ReturnHeader/Filer/USAddress/CityNm0JOHNSON CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037602
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01B6CA9BC541401F502F85CA471909F6687E41DBE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01B6CA9BC541401F502F85CA471909F6687E41DBE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.115.143.126
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:34:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202711127
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CU AUDIT & COMPLIANCE GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03692 COOLIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323117890
ReturnHeader/PreparerPersonGrp/PhoneNum02054372176
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HIRAM H HOLLIFIELD
ReturnHeader/ReturnTs02019-05-15T17:34:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$50,775,920
Liabilities
$43,483,701
Net assets
$7,292,219
Revenue
$2,261,571
Expenses
$2,566,410
Net income
-$304,839
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
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