Civic Intelligence

Ups Employees Credit Union

990 • Fiscal year 2016 • EIN 62-1092964

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 13, 2017

Organization ProfileWWW.UPSCU.ORG

View Organization Page

1814 East Brooks RoadMemphis, TN 38116

(901) 396-2132

Siviq Scores

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

Liabilities / Assets

18th percentile

0.78x

Higher debt load relative to assets than 18% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

11.24x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Net Margin

97th percentile

31%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$132,651

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Asset Growth

95th percentile

11%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

11%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$20,482,361

Up $2,052,535 (+11%) from 2015

Net Assets

Up

$4,475,671

Up $434,923 (+11%) from 2015

Liabilities

Up

$16,006,690

Up $1,617,612 (+11%) from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin97th percentile

Revenue

Up

$1,424,453

Up $137,753 (+11%) from 2015

Expenses

Down

$989,531

Down $2,474 (-0.2%) from 2015

Net Income

Up

$434,922

Up $140,227 (+48%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$60M$40M$20M$0Assets 2010: $12,672,647Liabilities 2010: $9,813,754Net Assets 2010: $2,858,8932010Assets 2011: $13,392,499Liabilities 2011: $10,401,577Net Assets 2011: $2,990,9222011Assets 2012: $14,414,644Liabilities 2012: $11,234,098Net Assets 2012: $3,180,5462012Assets 2013: $15,062,740Liabilities 2013: $11,634,481Net Assets 2013: $3,428,2592013Assets 2014: $16,962,533Liabilities 2014: $13,216,480Net Assets 2014: $3,746,0532014Assets 2015: $18,429,826Liabilities 2015: $14,389,078Net Assets 2015: $4,040,7482015Assets 2016: $20,482,361Liabilities 2016: $16,006,690Net Assets 2016: $4,475,6712016Assets 2017: $22,530,659Liabilities 2017: $17,620,478Net Assets 2017: $4,910,1812017Assets 2018: $24,465,204Liabilities 2018: $19,060,919Net Assets 2018: $5,404,2852018Assets 2019: $26,895,932Liabilities 2019: $20,927,215Net Assets 2019: $5,968,7172019Assets 2020: $32,861,428Liabilities 2020: $26,432,563Net Assets 2020: $6,428,8652020Assets 2021: $36,471,399Liabilities 2021: $29,491,471Net Assets 2021: $6,979,9282021Assets 2022: $37,942,626Liabilities 2022: $30,358,279Net Assets 2022: $7,584,3472022Assets 2023: $41,024,503Liabilities 2023: $32,763,156Net Assets 2023: $8,261,3472023Assets 2024: $40,699,866Liabilities 2024: $31,519,533Net Assets 2024: $9,180,3332024Assets 2025: $43,245,053Liabilities 2025: $33,043,874Net Assets 2025: $10,201,1792025

Highlighted filing

2016

Assets$20,482,361
Liabilities$16,006,690
Net Assets$4,475,671
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $696,6232010Revenue 2011: $828,112Expenses 2011: $696,084Net Income 2011: $132,0282011Expenses 2012: $700,0422012Revenue 2013: $1,023,295Expenses 2013: $775,582Net Income 2013: $247,7132013Revenue 2014: $1,208,228Expenses 2014: $890,434Net Income 2014: $317,7942014Revenue 2015: $1,286,700Expenses 2015: $992,005Net Income 2015: $294,6952015Revenue 2016: $1,424,453Expenses 2016: $989,531Net Income 2016: $434,9222016Revenue 2017: $1,507,226Expenses 2017: $1,072,715Net Income 2017: $434,5112017Revenue 2018: $1,663,832Expenses 2018: $1,169,729Net Income 2018: $494,1032018Revenue 2019: $1,826,856Expenses 2019: $1,262,422Net Income 2019: $564,4342019Revenue 2020: $1,745,632Expenses 2020: $1,285,485Net Income 2020: $460,1472020Revenue 2021: $1,852,587Expenses 2021: $1,301,523Net Income 2021: $551,0642021Revenue 2022: $2,135,124Expenses 2022: $1,530,705Net Income 2022: $604,4192022Revenue 2023: $2,671,623Expenses 2023: $1,844,622Net Income 2023: $827,0012023Revenue 2024: $3,038,030Expenses 2024: $2,119,044Net Income 2024: $918,9862024Revenue 2025: $3,217,301Expenses 2025: $2,196,456Net Income 2025: $1,020,8452025

Highlighted filing

2016

Revenue$1,424,453
Expenses$989,531
Net Income$434,922
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 13, 2017
Return Version
2016v3.0
Gross Receipts
$1,424,453
Mission and Program Overview

Mission

Credit union - to provide services for approximately 6,182 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$11,997,954$13,362,795▲ $1,364,841
Rtn Earn Endowment Incm Other Fnds$3,119,208$3,554,131▲ $434,923
Cash and Non-Interest-Bearing Accounts$2,191,623$2,834,667▲ $643,044
Investments Other Securities$1,925,372$1,878,372▼ $47,000
Prepaid Expenses and Deferred Charges$1,072,387$1,114,660▲ $42,273
Cap Stk Tr Prin Current Funds$921,540$921,540→ $0
Land, Buildings, and Equipment, Net$561,251$547,017▼ $14,234
Savings and Temporary Cash Investments$497,000$544,000▲ $47,000
Total Assets$18,429,826$20,482,361▲ $2,052,535
Other Assets Total$184,239$200,850▲ $16,611
Liabilities
Other Liabilities$14,226,914$15,833,311▲ $1,606,397
Accounts Payable and Accrued Expenses$162,164$173,379▲ $11,215
Total Liabilities$14,389,078$16,006,690▲ $1,617,612
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,040,748$4,475,671▲ $434,923
Total Liabilities and Net Assets / Fund Balance$18,429,826$20,482,361▲ $2,052,535

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$421,989$70,236$492,225
Equipment$5,028$225,102$230,130
Land$120,000-$120,000
Other Securities$91,372--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah LangstonManagerFT$97,302$35,349$132,651

Board Members and Trustees

NameTitle
James AustinChairman
Robert W HolobaughVice Chairma
John Chris WeaksDirector
Katherine BrownSecretary
Jerry ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,280,088
Investment Income
$65,503
Other Revenue
$78,862
Change in Net Assets
$434,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$564,085
Other Expenses$425,446
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$437,918-$437,918
Office Expenses-$206,422-$206,422
Interest-$65,436-$65,436
Other Employee Benefits-$53,890-$53,890
Pension Plan Contributions-$39,092-$39,092
Occupancy-$36,028-$36,028
Payroll Taxes-$33,185-$33,185
All Other Expenses-$14,401-$14,401
Other Expenses-$11,950-$11,950
Conferences and Meetings-$4,800-$4,800
Total Functional Expenses$0$989,531$0$989,531
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
Regular Shares$12,407,951
All Other Shares$2,357,713
Share Drafts$1,067,647
Non-member Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 19

“Financial documents are posted in the credit union lobby by the 15th of the subsequent month.”

Filing and Contact Details

Filer

Filer Name
Ups Employees Credit Union
EIN
62-1092964
Address
1814 EAST BROOKS ROAD, MEMPHIS, TN 38116

Signing Officer

Name
Sarah Langston
Title
Manager
Phone
9013962132
Signed
2017-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Langston
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
5

Preparer

Firm
Leverage the Lscu Service Corporation
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Hiram H Hollifield
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 did not have any unrealted business income.”

Form 990, Part XI, Line 9

“DUE TO ROUNDING 1”

Raw XML Appendix347 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
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21067647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NON-MEMBER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01787000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt191372
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0547017
IRS990ScheduleD/TotalBookValueSecuritiesAmt01878372
IRS990ScheduleD/TotalLiabilityAmt015833311
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 DID NOT HAVE ANY UNREALTED 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/ExplanationTxt7FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUE TO ROUNDING 1
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018429826
IRS990/TotalAssetsEOYAmt020482361
IRS990/TotalAssetsGrp/BOYAmt018429826
IRS990/TotalAssetsGrp/EOYAmt020482361
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0989531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0989531
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014389078
IRS990/TotalLiabilitiesEOYAmt016006690
IRS990/TotalLiabilitiesGrp/BOYAmt014389078
IRS990/TotalLiabilitiesGrp/EOYAmt016006690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04040748
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04475671
IRS990/TotalOtherCompensationAmt035349
IRS990/TotalProgramServiceRevenueAmt01280088
IRS990/TotalReportableCompFromOrgAmt097302
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01424453
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01424453
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018429826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020482361
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01814 EAST BROOKS ROAD
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd0381163608
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.UPSCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH LANGSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09013962132
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPS EMPLOYEES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0UPSE
ReturnHeader/Filer/EIN0621092964
ReturnHeader/Filer/USAddress/AddressLine1Txt01814 EAST BROOKS ROAD
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AE5048B6D415D7FCB29770439EB4B6F014EA1C9D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A012A33FC625D6CFB82F034B8E1A1E82DE2B706B
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591086132
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEVERAGE THE LSCU SERVICE CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03692 COOLIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323117890
ReturnHeader/PreparerPersonGrp/PhoneNum08505581102
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HIRAM H HOLLIFIELD
ReturnHeader/ReturnTs02017-03-16T17:38:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,482,361
Liabilities
$16,006,690
Net assets
$4,475,671
Revenue
$1,424,453
Expenses
$989,531
Net income
$434,922
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$43.2$33.0$10.2$3.22$2.20$1.02
2024Detailed filing. Detailed filing data is available for this year.$40.7$31.5$9.18$3.04$2.12$0.92
2023Detailed filing. Detailed filing data is available for this year.$41.0$32.8$8.26$2.67$1.84$0.83
2022Detailed filing. Detailed filing data is available for this year.$37.9$30.4$7.58$2.14$1.53$0.60
2021Detailed filing. Detailed filing data is available for this year.$36.5$29.5$6.98$1.85$1.30$0.55
2020Detailed filing. Detailed filing data is available for this year.$32.9$26.4$6.43$1.75$1.29$0.46
2019Detailed filing. Detailed filing data is available for this year.$26.9$20.9$5.97$1.83$1.26$0.56
2018Detailed filing. Detailed filing data is available for this year.$24.5$19.1$5.40$1.66$1.17$0.49
2017Detailed filing. Detailed filing data is available for this year.$22.5$17.6$4.91$1.51$1.07$0.43
2016Detailed filing. Detailed filing data is available for this year.$20.5$16.0$4.48$1.42$0.99$0.43
2015Detailed filing. Detailed filing data is available for this year.$18.4$14.4$4.04$1.29$0.99$0.29
2014Detailed filing. Detailed filing data is available for this year.$17.0$13.2$3.75$1.21$0.89$0.32
2013Detailed filing. Detailed filing data is available for this year.$15.1$11.6$3.43$1.02$0.78$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$11.2$3.18$0.70
2011Summary only. Only limited summary data is available for this year.$13.4$10.4$2.99$0.83$0.70$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$9.81$2.86$0.70