Civic Intelligence

Electric Service Credit Union

990 • Fiscal year 2014 • EIN 62-6040513

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 30, 2015

2340 Jackson Downs BlvdNashville, TN 37214-2372

(615) 687-4801

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.86x

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

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

21st percentile

14.50x

Higher debt load relative to revenue than 21% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Net Margin

20th percentile

2.6%

Higher net margin than 20% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$174,845

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Asset Growth

44th percentile

2.0%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

75th percentile

4.8%

Faster revenue growth than 75% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$60,467,647

Up $1,159,839 (+2.0%) from 2013

Net Assets

Up

$8,460,143

Up $160,110 (+1.9%) from 2013

Liabilities

Up

$52,007,504

Up $999,729 (+2.0%) from 2013

Revenue

Up

$3,587,513

Up $162,780 (+4.8%) from 2013

Expenses

Up

$3,493,163

Up $105,063 (+3.1%) from 2013

Net Income

Up

$94,350

Up $57,717 (+158%) from 2013

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $50,311,237Liabilities 2010: $42,285,375Net Assets 2010: $8,025,8622010Assets 2011: $53,212,173Liabilities 2011: $44,891,789Net Assets 2011: $8,320,3842011Assets 2012: $58,277,045Liabilities 2012: $49,908,360Net Assets 2012: $8,368,6852012Assets 2013: $59,307,808Liabilities 2013: $51,007,775Net Assets 2013: $8,300,0332013Assets 2014: $60,467,647Liabilities 2014: $52,007,504Net Assets 2014: $8,460,1432014Assets 2015: $63,693,938Liabilities 2015: $55,294,469Net Assets 2015: $8,399,4692015Assets 2016: $64,263,709Liabilities 2016: $56,407,580Net Assets 2016: $7,856,1292016Assets 2017: $66,009,913Liabilities 2017: $58,120,196Net Assets 2017: $7,889,7172017Assets 2018: $65,015,104Liabilities 2018: $57,091,169Net Assets 2018: $7,923,9352018Assets 2019: $68,585,676Liabilities 2019: $60,599,664Net Assets 2019: $7,986,0122019Assets 2020: $76,182,619Liabilities 2020: $68,150,709Net Assets 2020: $8,031,9102020Assets 2021: $84,432,657Liabilities 2021: $76,148,227Net Assets 2021: $8,284,4302021Assets 2022: $85,091,786Liabilities 2022: $76,411,257Net Assets 2022: $8,680,5292022Assets 2023: $80,588,974Liabilities 2023: $72,238,019Net Assets 2023: $8,350,9552023Assets 2024: $79,287,213Liabilities 2024: $70,847,319Net Assets 2024: $8,439,8942024

Highlighted filing

2014

Assets$60,467,647
Liabilities$52,007,504
Net Assets$8,460,143

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,817,6362010Expenses 2011: $2,809,7532011Expenses 2012: $3,136,9172012Revenue 2013: $3,424,733Expenses 2013: $3,388,100Net Income 2013: $36,6332013Revenue 2014: $3,587,513Expenses 2014: $3,493,163Net Income 2014: $94,3502014Revenue 2015: $3,627,136Expenses 2015: $3,642,811Net Income 2015: -$15,6752015Revenue 2016: $3,849,116Expenses 2016: $4,446,665Net Income 2016: -$597,5492016Revenue 2017: $3,723,739Expenses 2017: $3,720,620Net Income 2017: $3,1192017Revenue 2018: $3,816,640Expenses 2018: $3,788,109Net Income 2018: $28,5312018Revenue 2019: $3,935,786Expenses 2019: $3,892,586Net Income 2019: $43,2002019Revenue 2020: $4,127,178Expenses 2020: $4,078,919Net Income 2020: $48,2592020Revenue 2021: $4,588,349Expenses 2021: $4,327,335Net Income 2021: $261,0142021Revenue 2022: $4,938,371Expenses 2022: $4,497,909Net Income 2022: $440,4622022Revenue 2023: $5,752,121Expenses 2023: $5,344,105Net Income 2023: $408,0162023Revenue 2024: $5,816,940Expenses 2024: $5,736,622Net Income 2024: $80,3182024

Highlighted filing

2014

Revenue$3,587,513
Expenses$3,493,163
Net Income$94,350
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 30, 2015
Return Version
2014v5.0
Gross Receipts
$11,031,106
Mission and Program Overview

Mission

Credit union - to provide services for approximately 8,239 members in the form of loans, savings, and other financial services.

The mission of the electric service credit union is to operate a sound financial cooperative for the members and to provide quality personal service that meets or exceeds their needs. Our goal is to develop and promote competitively priced financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$33,973,702$34,287,926▲ $314,224
Investments in Publicly Traded Securities$10,471,576$8,636,911▼ $1,834,665
Rtn Earn Endowment Incm Other Fnds$8,300,033$8,460,143▲ $160,110
Cash and Non-Interest-Bearing Accounts$4,469,390$4,808,642▲ $339,252
Land, Buildings, and Equipment, Net$4,417,364$4,306,117▼ $111,247
Investments Other Securities$3,480,258$3,682,180▲ $201,922
Prepaid Expenses and Deferred Charges$102,057$109,516▲ $7,459
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$59,307,808$60,467,647▲ $1,159,839
Other Assets Total$2,393,461$4,636,355▲ $2,242,894
Liabilities
Other Liabilities$50,666,434$51,631,577▲ $965,143
Accounts Payable and Accrued Expenses$341,341$375,927▲ $34,586
Total Liabilities$51,007,775$52,007,504▲ $999,729
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,300,033$8,460,143▲ $160,110
Total Liabilities and Net Assets / Fund Balance$59,307,808$60,467,647▲ $1,159,839

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,070,888-$2,070,888
Buildings$1,804,934$110,382$1,915,316
Equipment$430,286$683,143$1,113,429
Leasehold Improvements$9$147,930$147,939
Other Assets Org$140,329--
Other Securities$2,832,362--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ron SmithPresident & CEOFT$117,031$57,814$174,845
Steve FoxVice PresidentFT$80,948$39,360$120,308
Kevin WalkerBoard Member-$973-$973
Randy GregoryBoard Member-$831-$831
David MurrayBoard Member-$770-$770
Kent CochranSecretary-$761-$761
Gary MurrayVice Chairman-$733-$733

Board Members and Trustees

NameTitle
Dickie JohnsonChairman
John BroadwayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,331,453
Investment Income
$225,840
Other Revenue
$30,220
Change in Net Assets
$94,350

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,587,513
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$65,760
Total Revenue per Audited Statements
$3,653,273
Total Revenue per Form 990
$3,587,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,013,139
Salaries, Compensation, and Employee Benefits$1,480,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$889,359
Office Expenses---$754,613
Other Employee Benefits---$261,504
Current Officers, Directors, Trustees, and Key Employees---$210,404
Depreciation Depletion---$202,393
Interest---$192,398
Fees for Services Other---$90,394
Payroll Taxes---$83,514
Occupancy---$83,329
Travel---$82,343
Fees for Services Accounting---$55,156
All Other Expenses---$53,452
Pension Plan Contributions---$35,243
Advertising---$23,985
Other Expenses---$23,878
Fees for Services Legal---$2,946
Fees for Service Investment Mgmnt Fees---$2,765
Total Functional Expenses$0$0$0$3,493,163

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,493,163
Total Expenses per Audited Statements$3,493,163
Total Expenses per Form 990$3,493,163
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Member Deposits$51,631,577
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Line 7a explanation - each member is allowed one vote for any open seat to the escu board of directors during the annual election.

Form 990, Part VI, Section B, Line 11

Line 11a explanation - a draft of form 990 is provided to the controller. The controller reviews the return and forwards the form 990 to the president/ceo. The form 990 is reviewed by the president/ceo and forwarded to the board of directors for a final review via e-mail. Any questions or comments of the board members are submitted to the president. Confirmation of the review by the board of directors will be documented in the minutes of the next board of directors meeting.

Form 990, Part VI, Section B, Line 12C

Any conflicts of interest that arise are handled on a case by case basis and are discussed at monthly board meetings.

Form 990, Part VI, Section B, Line 15

Same as above. All employees receive at least one annual review. All salary increases are reviewed by the ceo except for the ceo's increase which is reviewed by the board of directors. Electric service credit union bases the salary increases on comparisons provided by comp ease.

Form 990, Part VI, Section C, Line 19

Documents are provided upon written request.

Filing and Contact Details

Filer

Filer Name
Electric Service Credit Union
EIN
62-6040513
Phone
6156874801
Address
2340 JACKSON DOWNS BLVD, NASHVILLE, TN 37214-2372

Signing Officer

Name
Ron Smith
Title
President
Phone
6156874801
Signed
2015-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Smith
Formed
1951
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
25
Volunteers
9

Preparer

Firm
Frasier Dean & Howard Pllc
Address
3310 WEST END AVE STE 550, NASHVILLE, TN 37203
Preparer
Sara G Moon
Phone
6153836592
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The credit union is exempt by statute from federal and state income taxes. Accordingly, no income tax was paid or recorded in the financial statements for the years ended december 31, 2014 and 2013. The credit union follows financial accounting standards board accounting standards codification (fasb asc) guidance that clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. The credit union has no tax penalties or interest reported in the accompanying financial statements. The credit union had no uncertain tax positions at december 31, 2014 or 2013. Tax years prior to december 31, 2011 are considered closed.

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IRS990/OtherExpensesGrp/TotalAmt0308360
IRS990/OtherExpensesGrp/TotalAmt171755
IRS990/OtherExpensesGrp/TotalAmt265372
IRS990/OtherExpensesGrp/TotalAmt323878
IRS990/OtherLiabilitiesGrp/BOYAmt050666434
IRS990/OtherLiabilitiesGrp/EOYAmt051631577
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0FEES AND OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt030220
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt030220
IRS990/OtherRevenueTotalAmt030220
IRS990/OtherSalariesAndWagesGrp/TotalAmt0889359
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt033973702
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt034287926
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt083514
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt035243
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0102057
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0109516
IRS990/PrincipalOfficerNm0RON SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INC-MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02546601
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1648538
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2136314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02546601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1648538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2136314
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0213263
IRS990/PYOtherExpensesAmt01980805
IRS990/PYOtherRevenueAmt0804085
IRS990/PYProgramServiceRevenueAmt02407385
IRS990/PYRevenuesLessExpensesAmt036633
IRS990/PYSalariesCompEmpBnftPaidAmt01407295
IRS990/PYTotalExpensesAmt03388100
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03424733
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt094350
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03331453
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08300033
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08460143
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01804934
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0110382
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01915316
IRS990ScheduleD/EquipmentGrp/BookValueAmt0430286
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0683143
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01113429
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03493163
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02070888
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02070888
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0147930
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0147939
IRS990ScheduleD/NetUnrealizedGainsInvstAmt065760
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0262349
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12233677
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22000000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3140329
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH SURRENDERVALUE OF INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OFFICIER LOANS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3FORCLOSED ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051631577
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0359657
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1490161
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22832362
IRS990ScheduleD/OtherSecuritiesGrp/Desc0RESTRICTED DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NAT'L CREDIT UNION SHARE INS FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/RevenueNotReportedAmt065760
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03587513
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO INCOME TAX WAS PAID OR RECORDED IN THE FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. THE CREDIT UNION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC) GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CREDIT UNION HAS NO TAX PENALTIES OR INTEREST REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CREDIT UNION HAD NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2014 OR 2013. TAX YEARS PRIOR TO DECEMBER 31, 2011 ARE CONSIDERED CLOSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04306117
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04636355
IRS990ScheduleD/TotalBookValueSecuritiesAmt03682180
IRS990ScheduleD/TotalExpensesPerForm990Amt03493163
IRS990ScheduleD/TotalLiabilityAmt051631577
IRS990ScheduleD/TotalRevenuePerForm990Amt03587513
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03653273
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03493163
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0117031
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount03358
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt049457
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RON SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0174845
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 7A EXPLANATION - EACH MEMBER IS ALLOWED ONE VOTE FOR ANY OPEN SEAT TO THE ESCU BOARD OF DIRECTORS DURING THE ANNUAL ELECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - A DRAFT OF FORM 990 IS PROVIDED TO THE CONTROLLER. THE CONTROLLER REVIEWS THE RETURN AND FORWARDS THE FORM 990 TO THE PRESIDENT/CEO. THE FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND FORWARDED TO THE BOARD OF DIRECTORS FOR A FINAL REVIEW VIA E-MAIL. ANY QUESTIONS OR COMMENTS OF THE BOARD MEMBERS ARE SUBMITTED TO THE PRESIDENT. CONFIRMATION OF THE REVIEW BY THE BOARD OF DIRECTORS WILL BE DOCUMENTED IN THE MINUTES OF THE NEXT BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CONFLICTS OF INTEREST THAT ARISE ARE HANDLED ON A CASE BY CASE BASIS AND ARE DISCUSSED AT MONTHLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME AS ABOVE. ALL EMPLOYEES RECEIVE AT LEAST ONE ANNUAL REVIEW. ALL SALARY INCREASES ARE REVIEWED BY THE CEO EXCEPT FOR THE CEO'S INCREASE WHICH IS REVIEWED BY THE BOARD OF DIRECTORS. ELECTRIC SERVICE CREDIT UNION BASES THE SALARY INCREASES ON COMPARISONS PROVIDED BY COMP EASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE PROVIDED UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt059307808
IRS990/TotalAssetsEOYAmt060467647
IRS990/TotalAssetsGrp/BOYAmt059307808
IRS990/TotalAssetsGrp/EOYAmt060467647
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/TotalAmt03493163
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt051007775
IRS990/TotalLiabilitiesEOYAmt052007504
IRS990/TotalLiabilitiesGrp/BOYAmt051007775
IRS990/TotalLiabilitiesGrp/EOYAmt052007504
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08300033
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08460143
IRS990/TotalOtherCompensationAmt088817
IRS990/TotalProgramServiceExpensesAmt03421202
IRS990/TotalProgramServiceRevenueAmt03331453
IRS990/TotalReportableCompFromOrgAmt0210404
IRS990/TotalRevenueGrp/ExclusionAmt0256060
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03331453
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03587513
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt059307808
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt060467647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt082343
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02340 JACKSON DOWNS BLVD
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd0372142372

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.3$70.8$8.44$5.82$5.74$0.08
2023Detailed filing. Detailed filing data is available for this year.$80.6$72.2$8.35$5.75$5.34$0.41
2022Detailed filing. Detailed filing data is available for this year.$85.1$76.4$8.68$4.94$4.50$0.44
2021Detailed filing. Detailed filing data is available for this year.$84.4$76.1$8.28$4.59$4.33$0.26
2020Detailed filing. Detailed filing data is available for this year.$76.2$68.2$8.03$4.13$4.08$0.05
2019Detailed filing. Detailed filing data is available for this year.$68.6$60.6$7.99$3.94$3.89$0.04
2018Summary only. Only limited summary data is available for this year.$65.0$57.1$7.92$3.82$3.79$0.03
2017Detailed filing. Detailed filing data is available for this year.$66.0$58.1$7.89$3.72$3.72$0.00
2016Detailed filing. Detailed filing data is available for this year.$64.3$56.4$7.86$3.85$4.45$0.60
2015Detailed filing. Detailed filing data is available for this year.$63.7$55.3$8.40$3.63$3.64$0.02
2014Detailed filing. Detailed filing data is available for this year.$60.5$52.0$8.46$3.59$3.49$0.09
2013Detailed filing. Detailed filing data is available for this year.$59.3$51.0$8.30$3.42$3.39$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.3$49.9$8.37$3.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.2$44.9$8.32$2.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.3$42.3$8.03$2.82