Civic Intelligence

Mpd Community Credit Union

990 • Fiscal year 2020 • EIN 62-6074064

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 27, 2021

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

0.91x

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

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

20.34x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

21st percentile

2.4%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$77,946

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

40th percentile

13%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-9.2%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$32,013,430

Up $3,599,847 (+13%) from 2019

Net Assets

Up

$3,023,198

Up $34,910 (+1.2%) from 2019

Liabilities

Up

$28,990,232

Up $3,564,937 (+14%) from 2019

Revenue

Down

$1,425,455

Down $144,565 (-9.2%) from 2019

Expenses

Down

$1,390,776

Down $52,567 (-3.6%) from 2019

Net Income

Down

$34,679

Down $91,998 (-73%) 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 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

2020

Assets$32,013,430
Liabilities$28,990,232
Net Assets$3,023,198

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 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

2020

Revenue$1,425,455
Expenses$1,390,776
Net Income$34,679
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 27, 2021
Return Version
2020v4.1
Gross Receipts
$1,425,457
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$20,040,756$19,227,031▼ $813,725
Cash and Non-Interest-Bearing Accounts$4,227,749$7,680,377▲ $3,452,628
Investments Other Securities$2,893,246$3,890,246▲ $997,000
Rtn Earn Endowment Incm Other Fnds$1,976,197$2,011,107▲ $34,910
Cap Stk Tr Prin Current Funds$1,012,091$1,012,091→ $0
Land, Buildings, and Equipment, Net$922,237$898,133▼ $24,104
Prepaid Expenses and Deferred Charges$37,290$28,005▼ $9,285
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$28,413,583$32,013,430▲ $3,599,847
Other Assets Total$292,305$289,638▼ $2,667
Liabilities
Other Liabilities$25,290,559$28,892,258▲ $3,601,699
Accounts Payable and Accrued Expenses$134,736$97,974▼ $36,762
Total Liabilities$25,425,295$28,990,232▲ $3,564,937
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,988,288$3,023,198▲ $34,910
Total Liabilities and Net Assets / Fund Balance$28,413,583$32,013,430▲ $3,599,847

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$526,279$118,359$644,638
Land$321,452-$321,452
Equipment$50,402$177,902$228,304
Other Securities$3,890,246--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie SessumCEOFT$77,319$627$77,946

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
$1,096,889
Investment Income
$61,217
Other Revenue
$267,349
Change in Net Assets
$34,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$777,888
Salaries, Compensation, and Employee Benefits$612,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$444,584
Office Expenses---$188,325
All Other Expenses---$135,249
Interest---$103,551
Current Officers, Directors, Trustees, and Key Employees---$77,945
Occupancy---$49,972
Payroll Taxes---$37,987
Advertising---$30,093
Other Employee Benefits---$27,356
Pension Plan Contributions---$25,016
Other Expenses---$24,512
Fees for Services Legal---$12,175
Payment Travel Entrtnmnt Publicly Ofcl---$10,829
Conferences and Meetings---$5,466
Total Functional Expenses$0$0$0$1,390,776
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$13,942,923
All Other Shares$9,848,964
Share Drafts$5,100,371
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 the 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
2021-10-27
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
10
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 Appendix372 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/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01976197
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02011107
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0526279
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0118359
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0644638
IRS990ScheduleD/EquipmentGrp/BookValueAmt050402
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0177902
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0228304
IRS990ScheduleD/LandGrp/BookValueAmt0321452
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0321452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013942923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19848964
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25100371
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03890246
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS - OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0898133
IRS990ScheduleD/TotalBookValueSecuritiesAmt03890246
IRS990ScheduleD/TotalLiabilityAmt028892258
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 THE 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/TotalAssetsBOYAmt028413583
IRS990/TotalAssetsEOYAmt032013430
IRS990/TotalAssetsGrp/BOYAmt028413583
IRS990/TotalAssetsGrp/EOYAmt032013430
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/TotalAmt01390776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025425295
IRS990/TotalLiabilitiesEOYAmt028990232
IRS990/TotalLiabilitiesGrp/BOYAmt025425295
IRS990/TotalLiabilitiesGrp/EOYAmt028990232
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02988288
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03023198
IRS990/TotalOtherCompensationAmt0627
IRS990/TotalProgramServiceExpensesAmt01390776
IRS990/TotalProgramServiceRevenueAmt01096889
IRS990/TotalReportableCompFromOrgAmt077319
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01425455
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01425455
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028413583
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032013430
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE SESSUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06157827220
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-27
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/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/PreparationDt02021-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD W BETTS
ReturnHeader/ReturnTs02021-11-10T16:34:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHANIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SESSUM
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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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
2020Detailed filing. Detailed filing data is available for this year.$32.0$29.0$3.02$1.43$1.39$0.03
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