Civic Intelligence

Lakeside Employees Credit Union

990 • Fiscal year 2013 • EIN 62-0759856

Jan 01, 2013 to Dec 31, 2013 • Filed on May 12, 2014

1008 Broadway37134

(931) 535-3750

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.85x

Higher debt load relative to assets than 23% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

83rd percentile

26.74x

Higher debt load relative to revenue than 83% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

22nd percentile

0.2%

Higher net margin than 22% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

26th percentile

$76,465

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

27th percentile

-0.7%

Faster asset growth than 27% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

24th percentile

-7.1%

Faster revenue growth than 24% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Annualized from 2011 to 2013

Assets

Down

$35,884,970

Down $238,128 (-0.7%) from 2012

Net Assets

Up

$5,543,012

Up $2,163 (+0.0%) from 2012

Liabilities

Down

$30,341,958

Down $240,291 (-0.8%) from 2012

Revenue

$1,134,770

No earlier filing loaded for comparison.

Expenses

Up

$1,132,607

Up $5,988 (+0.5%) from 2012

Net Income

$2,163

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.

$60M$40M$20M$0Assets 2010: $36,949,038Liabilities 2010: $31,439,727Net Assets 2010: $5,509,3112010Assets 2011: $36,195,578Liabilities 2011: $30,665,955Net Assets 2011: $5,529,6232011Assets 2012: $36,123,098Liabilities 2012: $30,582,249Net Assets 2012: $5,540,8492012Assets 2013: $35,884,970Liabilities 2013: $30,341,958Net Assets 2013: $5,543,0122013Assets 2014: $36,379,972Liabilities 2014: $30,941,054Net Assets 2014: $5,438,9182014Assets 2015: $37,512,308Liabilities 2015: $32,184,547Net Assets 2015: $5,327,7612015Assets 2016: $39,209,957Liabilities 2016: $33,876,144Net Assets 2016: $5,333,8132016Assets 2017: $38,410,522Liabilities 2017: $33,050,332Net Assets 2017: $5,360,1902017Assets 2018: $35,506,437Liabilities 2018: $30,064,114Net Assets 2018: $5,442,3232018Assets 2019: $35,663,212Liabilities 2019: $30,145,264Net Assets 2019: $5,517,9482019Assets 2020: $40,325,109Liabilities 2020: $34,737,381Net Assets 2020: $5,587,7282020Assets 2021: $42,432,689Liabilities 2021: $36,835,719Net Assets 2021: $5,596,9702021Assets 2022: $42,648,455Liabilities 2022: $36,870,874Net Assets 2022: $5,777,5812022Assets 2023: $39,950,891Liabilities 2023: $33,867,737Net Assets 2023: $6,083,1542023Assets 2024: $41,193,659Liabilities 2024: $34,512,201Net Assets 2024: $6,681,4582024

Highlighted filing

2013

Assets$35,884,970
Liabilities$30,341,958
Net Assets$5,543,012

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,502,5222010Revenue 2011: $1,314,561Expenses 2011: $1,294,249Net Income 2011: $20,3122011Expenses 2012: $1,126,6192012Revenue 2013: $1,134,770Expenses 2013: $1,132,607Net Income 2013: $2,1632013Revenue 2014: $1,036,389Expenses 2014: $1,140,483Net Income 2014: -$104,0942014Revenue 2015: $1,055,413Expenses 2015: $1,166,570Net Income 2015: -$111,1572015Revenue 2016: $1,163,352Expenses 2016: $1,157,300Net Income 2016: $6,0522016Revenue 2017: $1,205,241Expenses 2017: $1,178,864Net Income 2017: $26,3772017Revenue 2018: $1,355,696Expenses 2018: $1,273,563Net Income 2018: $82,1332018Revenue 2019: $1,427,796Expenses 2019: $1,352,170Net Income 2019: $75,6262019Revenue 2020: $1,274,919Expenses 2020: $1,205,139Net Income 2020: $69,7802020Revenue 2021: $1,031,857Expenses 2021: $1,022,617Net Income 2021: $9,2402021Revenue 2022: $1,233,365Expenses 2022: $1,052,755Net Income 2022: $180,6102022Revenue 2023: $1,607,088Expenses 2023: $1,301,514Net Income 2023: $305,5742023Revenue 2024: $2,191,248Expenses 2024: $1,592,943Net Income 2024: $598,3052024

Highlighted filing

2013

Revenue$1,134,770
Expenses$1,132,607
Net Income$2,163
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 12, 2014
Return Version
2013v3.1
Gross Receipts
$1,134,770
Mission and Program Overview

Mission

Credit union - to provide services to approximately 2,640 members in the form of loans, savings, and other financial services.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$7,398,001$15,609,179▲ $8,211,178
Accounts Receivable$10,569,064$10,393,191▼ $175,873
Savings and Temporary Cash Investments$13,427,000$5,459,000▼ $7,968,000
Rtn Earn Endowment Incm Other Fnds$4,594,099$4,596,262▲ $2,163
Cash and Non-Interest-Bearing Accounts$3,807,027$3,577,234▼ $229,793
Cap Stk Tr Prin Current Funds$946,750$946,750→ $0
Land, Buildings, and Equipment, Net$419,837$384,238▼ $35,599
Prepaid Expenses and Deferred Charges$99,686$77,901▼ $21,785
Total Assets$36,123,098$35,884,970▼ $238,128
Other Assets Total$402,483$384,227▼ $18,256
Liabilities
Other Liabilities$30,510,586$30,302,454▼ $208,132
Accounts Payable and Accrued Expenses$71,663$39,504▼ $32,159
Total Liabilities$30,582,249$30,341,958▼ $240,291
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,540,849$5,543,012▲ $2,163
Total Liabilities and Net Assets / Fund Balance$36,123,098$35,884,970▼ $238,128

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$346,349$315,269$661,618
Equipment$18,889$477,146$496,035
Leasehold Improvements-$130,045$130,045
Land$19,000-$19,000
Other Securities$273,701--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen ScottCEOFT$68,986$7,479$76,465

Board Members and Trustees

NameTitle
James Jim I MckayBoard Chairm
C C Chuck HargerBoard Member
Jimmy SpencerBoard Member
Larry YarbroBoard Vice-c
Keith CarnahanSecretary
Ross L ColeSecurity Off
John MurphreeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$979,024
Investment Income
$139,075
Other Revenue
$16,671
Change in Net Assets
$2,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$597,100
Salaries, Compensation, and Employee Benefits$535,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$427,617-$427,617
Office Expenses-$87,577-$87,577
Occupancy-$76,897-$76,897
Interest-$65,409-$65,409
Other Employee Benefits-$45,655-$45,655
Payroll Taxes-$34,383-$34,383
All Other Expenses-$32,700-$32,700
Pension Plan Contributions-$27,852-$27,852
Other Expenses-$21,353-$21,353
Conferences and Meetings-$10,508-$10,508
Total Functional Expenses$0$1,132,607$0$1,132,607
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$16,850,071
Regular Shares$7,962,691
Share Drafts$5,489,692
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 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 conflicts of interest policy.

Form 990, Page 6, Part VI, Line 15A

The compensation for the ceo is set by the board of directors using comparative data.

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

EIN
62-0759856
Phone
9315353750

Signing Officer

Name
Karen Scott
Title
President
Phone
9315353750
Signed
2014-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Scott
Formed
1965
Voting Board Members
7
Independent Board Members
7
Employees
15
Volunteers
7

Preparer

Preparer
Keith Mcmurtrie
Phone
8505581102
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Hours of service are 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 trade or business income.

Form 990, Part XII

Annual agreed upon procedures are performed by an independent auditor.

Raw XML Appendix369 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/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04596262
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013427000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05459000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0346349
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0315269
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0661618
IRS990ScheduleD/EquipmentGrp/BookValueAmt018889
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0477146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0496035
IRS990ScheduleD/LandGrp/BookValueAmt019000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0130045
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0130045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016850071
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17962691
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25489692
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt015335478
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1273701
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VCCU-MEMBERSHIP CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0384238
IRS990ScheduleD/TotalBookValueSecuritiesAmt015609179
IRS990ScheduleD/TotalLiabilityAmt030302454
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION DOES NOT HAVE ANY UNRELATED TRADE OR 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 FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE COMPENSATION FOR THE CEO IS SET BY THE BOARD OF DIRECTORS USING COMPARATIVE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ANNUAL 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 XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt036123098
IRS990/TotalAssetsEOYAmt035884970
IRS990/TotalAssetsGrp/BOYAmt036123098
IRS990/TotalAssetsGrp/EOYAmt035884970
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01132607
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01132607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030582249
IRS990/TotalLiabilitiesEOYAmt030341958
IRS990/TotalLiabilitiesGrp/BOYAmt030582249
IRS990/TotalLiabilitiesGrp/EOYAmt030341958
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05540849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05543012
IRS990/TotalOtherCompensationAmt07479
IRS990/TotalProgramServiceRevenueAmt0979024
IRS990/TotalReportableCompFromOrgAmt068986
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01134770
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01134770
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036123098
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035884970
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101008 BROADWAY
IRS990/USAddress/City0NEW JOHNSONVILLE
IRS990/USAddress/State0TN
IRS990/USAddress/ZIPCode037134
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LECU.COOP
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SCOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09315353750
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10LAKESIDE EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0620759856
ReturnHeader/Filer/PhoneNum09315353750
ReturnHeader/Filer/USAddress/AddressLine101008 BROADWAY
ReturnHeader/Filer/USAddress/City0NEW JOHNSONVILLE
ReturnHeader/Filer/USAddress/State0TN
ReturnHeader/Filer/USAddress/ZIPCode037134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LEVERAGE THE LSCU SERVICE CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103773 COMMONWEALTH BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0323033175
ReturnHeader/PreparerPersonGrp/PhoneNum08505581102
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH MCMURTRIE
ReturnHeader/ReturnTs02014-05-15T19:41:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.2$34.5$6.68$2.19$1.59$0.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.0$33.9$6.08$1.61$1.30$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.6$36.9$5.78$1.23$1.05$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.4$36.8$5.60$1.03$1.02$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$34.7$5.59$1.27$1.21$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.7$30.1$5.52$1.43$1.35$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$30.1$5.44$1.36$1.27$0.08
2017Summary only. Only limited summary data is available for this year.$38.4$33.1$5.36$1.21$1.18$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$33.9$5.33$1.16$1.16$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.5$32.2$5.33$1.06$1.17$0.11
2014Detailed filing. Detailed filing data is available for this year.$36.4$30.9$5.44$1.04$1.14$0.10
2013Detailed filing. Detailed filing data is available for this year.$35.9$30.3$5.54$1.13$1.13$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$30.6$5.54$1.13
2011Summary only. Only limited summary data is available for this year.$36.2$30.7$5.53$1.31$1.29$0.02
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.9$31.4$5.51$1.50