Civic Intelligence

Mpd Community Credit Union

990 • Fiscal year 2019 • EIN 62-6074064

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

2711 Old Lebanon RoadNashville, TN 37214

(615) 782-7220

Siviq Scores

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

Liabilities / Assets

74th percentile

0.89x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

16.19x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

34th percentile

8.1%

Higher net margin than 34% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

20th percentile

$75,189

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

61st percentile

3.3%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

38th percentile

4.7%

Faster revenue growth than 38% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Flat

$28,413,583

Flat from 2019

Net Assets

Flat

$2,988,288

Flat from 2019

Liabilities

Flat

$25,425,295

Flat from 2019

Revenue

Flat

$1,570,020

Flat from 2019

Expenses

Flat

$1,443,343

Flat from 2019

Net Income

Flat

$126,677

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $21,862,423Liabilities 2010: $20,218,490Net Assets 2010: $1,643,9332010Assets 2011: $23,358,865Liabilities 2011: $21,609,083Net Assets 2011: $1,749,7822011Assets 2012: $24,759,652Liabilities 2012: $22,941,884Net Assets 2012: $1,817,7682012Assets 2013: $24,467,595Liabilities 2013: $22,542,075Net Assets 2013: $1,925,5202013Assets 2014: $24,053,767Liabilities 2014: $22,079,795Net Assets 2014: $1,973,9722014Assets 2015: $24,956,955Liabilities 2015: $22,821,868Net Assets 2015: $2,135,0872015Assets 2016: $25,998,716Liabilities 2016: $23,646,523Net Assets 2016: $2,352,1932016Assets 2017: $27,006,229Liabilities 2017: $24,366,047Net Assets 2017: $2,640,1822017Assets 2018: $27,516,582Liabilities 2018: $24,654,972Net Assets 2018: $2,861,6102018Assets 2019: $28,413,583Liabilities 2019: $25,425,295Net Assets 2019: $2,988,2882019Assets 2019: $28,413,583Liabilities 2019: $25,425,295Net Assets 2019: $2,988,2882019Assets 2020: $32,013,430Liabilities 2020: $28,990,232Net Assets 2020: $3,023,1982020Assets 2021: $34,721,145Liabilities 2021: $31,556,227Net Assets 2021: $3,164,9182021Assets 2022: $36,907,869Liabilities 2022: $33,588,829Net Assets 2022: $3,319,0402022Assets 2023: $36,041,145Liabilities 2023: $32,321,286Net Assets 2023: $3,719,8592023Assets 2024: $36,671,105Liabilities 2024: $32,580,362Net Assets 2024: $4,090,7432024

Highlighted filing

2019

Assets$28,413,583
Liabilities$25,425,295
Net Assets$2,988,288

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,378,8862010Expenses 2011: $1,519,7912011Expenses 2012: $1,457,3002012Revenue 2013: $1,522,480Expenses 2013: $1,414,982Net Income 2013: $107,4982013Revenue 2014: $1,478,214Expenses 2014: $1,430,052Net Income 2014: $48,1622014Revenue 2015: $1,433,762Expenses 2015: $1,272,647Net Income 2015: $161,1152015Revenue 2016: $1,481,131Expenses 2016: $1,264,298Net Income 2016: $216,8332016Revenue 2017: $1,471,957Expenses 2017: $1,183,969Net Income 2017: $287,9882017Revenue 2018: $1,499,362Expenses 2018: $1,277,960Net Income 2018: $221,4022018Revenue 2019: $1,570,020Expenses 2019: $1,443,343Net Income 2019: $126,6772019Revenue 2019: $1,570,020Expenses 2019: $1,443,343Net Income 2019: $126,6772019Revenue 2020: $1,425,455Expenses 2020: $1,390,776Net Income 2020: $34,6792020Revenue 2021: $1,411,129Expenses 2021: $1,284,812Net Income 2021: $126,3172021Revenue 2022: $1,648,361Expenses 2022: $1,495,056Net Income 2022: $153,3052022Revenue 2023: $2,333,437Expenses 2023: $1,882,071Net Income 2023: $451,3662023Revenue 2024: $2,424,252Expenses 2024: $2,053,368Net Income 2024: $370,8842024

Highlighted filing

2019

Revenue$1,570,020
Expenses$1,443,343
Net Income$126,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$1,570,026
Mission and Program Overview

Mission

Credit union - to provide services for approximately 2,947 members in the form of loans, savings, and other financial services.

To provide financial services for its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$19,828,853$20,040,756▲ $211,903
Cash and Non-Interest-Bearing Accounts$3,566,701$4,227,749▲ $661,048
Investments Other Securities$2,247,745$2,893,246▲ $645,501
Rtn Earn Endowment Incm Other Fnds$1,868,010$1,976,197▲ $108,187
Cap Stk Tr Prin Current Funds$993,600$1,012,091▲ $18,491
Land, Buildings, and Equipment, Net$954,422$922,237▼ $32,185
Savings and Temporary Cash Investments$593,000--
Prepaid Expenses and Deferred Charges$38,529$37,290▼ $1,239
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$27,516,582$28,413,583▲ $897,001
Other Assets Total$287,332$292,305▲ $4,973
Liabilities
Other Liabilities$24,541,221$25,290,559▲ $749,338
Accounts Payable and Accrued Expenses$113,751$134,736▲ $20,985
Total Liabilities$24,654,972$25,425,295▲ $770,323
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,861,610$2,988,288▲ $126,678
Total Liabilities and Net Assets / Fund Balance$27,516,582$28,413,583▲ $897,001

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$538,111$106,527$644,638
Land$321,452-$321,452
Equipment$62,674$156,267$218,941
Other Securities$2,893,246--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie SessumCEOFT$74,575$614$75,189

Board Members and Trustees

NameTitle
Troy GossettChairman
Kenneth F Mcalister JrSupervisor COM Chair
Keith Sutherland1st Vice Chairman
Misty Hobbs2nd Vice Chairman
Rhonda KingSecretary
Joshua BlackSupervisory COM Member
William SmithSupervisory COM Member
Karla a KnisleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,165,924
Investment Income
$124,262
Other Revenue
$279,834
Change in Net Assets
$126,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$851,138
Salaries, Compensation, and Employee Benefits$592,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$431,522
Other Salaries and Wages---$427,181
Office Expenses---$184,948
Interest---$141,757
Current Officers, Directors, Trustees, and Key Employees---$75,189
Occupancy---$54,815
Payroll Taxes---$36,916
Other Employee Benefits---$29,772
Payment Travel Entrtnmnt Publicly Ofcl---$25,092
Pension Plan Contributions---$23,147
Conferences and Meetings---$13,004
Total Functional Expenses$0$0$0$1,443,343
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$12,462,370
All Other Shares$8,984,118
Share Drafts$3,844,071
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union is owned by the members

Form 990, Part VI, Section A, 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 teh annual meeting every year.

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

Some decisions made by the board of directors are affirmed by the members.

Form 990, Part VI, Section B, Line 11B

The manager reviews the form 990. The form 990 is available for review by the board of directors upon request.

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

The board of directors monitor and enforce the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The board of directors use a comparison of credit union compensation from cuna.

Form 990, Part VI, Section C, 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
Mpd Community Credit Union
EIN
62-6074064
Phone
6157827220
Address
2711 OLD LEBANON ROAD, NASHVILLE, TN 37214

Signing Officer

Name
Stephanie Sessum
Title
CEO
Phone
6157827220
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Sessum
Formed
1992
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
11
Volunteers
8

Preparer

Firm
Carr Riggs & Ingram LLC
Address
3011 ARMORY DRIVE SUITE 190, NASHVILLE, TN 37204
Preparer
Richard W Betts
Phone
6156651811
Raw XML Appendix368 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/SavingsAndTempCashInvstGrp/BOYAmt0593000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0538111
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0106527
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0644638
IRS990ScheduleD/EquipmentGrp/BookValueAmt062674
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0156267
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0218941
IRS990ScheduleD/LandGrp/BookValueAmt0321452
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0321452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012462370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18984118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23844071
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02893246
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS-OTH SECS(DETAIL)-990
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0922237
IRS990ScheduleD/TotalBookValueSecuritiesAmt02893246
IRS990ScheduleD/TotalLiabilityAmt025290559
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS OWNED BY THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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 TEH ANNUAL MEETING EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGER REVIEWS THE FORM 990. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS USE A COMPARISON OF CREDIT UNION COMPENSATION FROM CUNA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt027516582
IRS990/TotalAssetsEOYAmt028413583
IRS990/TotalAssetsGrp/BOYAmt027516582
IRS990/TotalAssetsGrp/EOYAmt028413583
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/TotalAmt01443343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024654972
IRS990/TotalLiabilitiesEOYAmt025425295
IRS990/TotalLiabilitiesGrp/BOYAmt024654972
IRS990/TotalLiabilitiesGrp/EOYAmt025425295
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02861610
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02988288
IRS990/TotalOtherCompensationAmt0614
IRS990/TotalProgramServiceExpensesAmt01443343
IRS990/TotalProgramServiceRevenueAmt01165924
IRS990/TotalReportableCompFromOrgAmt074575
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01570020
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01570020
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027516582
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028413583
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02711 OLD LEBANON ROAD
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037214
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MPDCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE SESSUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06157827220
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MPD COMMUNITY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MPDC
ReturnHeader/Filer/EIN0626074064
ReturnHeader/Filer/PhoneNum06157827220
ReturnHeader/Filer/USAddress/AddressLine1Txt02711 OLD LEBANON ROAD
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037214
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E960A5292D9063ACE72CA9B544B331AE0FCAE0A3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02507241EAEDDA0E2A5C262FECDCE1E4FED8DA07F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0159.100.161.121
ReturnHeader/FilingSecurityInformation/IPDt02020-07-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:29:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03011 ARMORY DRIVE SUITE 190
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037204
ReturnHeader/PreparerPersonGrp/PhoneNum06156651811
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD W BETTS
ReturnHeader/ReturnTs02020-07-15T14:13:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$36.7$32.6$4.09$2.42$2.05$0.37
2023Summary only. Only limited summary data is available for this year.$36.0$32.3$3.72$2.33$1.88$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.9$33.6$3.32$1.65$1.50$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.7$31.6$3.16$1.41$1.28$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.0$29.0$3.02$1.43$1.39$0.03
2019Detailed filing. Detailed filing data is available for this year.$28.4$25.4$2.99$1.57$1.44$0.13
2019Summary only. Only limited summary data is available for this year.$28.4$25.4$2.99$1.57$1.44$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$24.7$2.86$1.50$1.28$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$24.4$2.64$1.47$1.18$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$23.6$2.35$1.48$1.26$0.22
2015Detailed filing. Detailed filing data is available for this year.$25.0$22.8$2.14$1.43$1.27$0.16
2014Detailed filing. Detailed filing data is available for this year.$24.1$22.1$1.97$1.48$1.43$0.05
2013Detailed filing. Detailed filing data is available for this year.$24.5$22.5$1.93$1.52$1.41$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$22.9$1.82$1.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$21.6$1.75$1.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.9$20.2$1.64$1.38