Civic Intelligence

Landmark Credit Union

990 • Fiscal year 2017 • EIN 63-0207455

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 11, 2018

5705 Valley Road/PO Box 150Fairfield, AL 35064

(205) 783-9100

Siviq Scores

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

Liabilities / Assets

56th percentile

0.88x

Higher debt load relative to assets than 56% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

15.49x

Higher debt load relative to revenue than 22% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Net Margin

15th percentile

1.1%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$191,548

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Asset Growth

14th percentile

-1.9%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-5.2%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$41,117,160

Down $808,142 (-1.9%) from 2016

Net Assets

Up

$4,796,746

Up $117,332 (+2.5%) from 2016

Liabilities

Down

$36,320,414

Down $925,474 (-2.5%) from 2016

Revenue

Down

$2,344,009

Down $128,840 (-5.2%) from 2016

Expenses

Up

$2,319,009

Up $16,180 (+0.7%) from 2016

Net Income

Down

$25,000

Down $145,020 (-85%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $57,632,375Liabilities 2010: $51,321,014Net Assets 2010: $6,311,3612010Assets 2011: $55,204,757Liabilities 2011: $49,406,682Net Assets 2011: $5,798,0752011Assets 2012: $51,259,103Liabilities 2012: $46,875,262Net Assets 2012: $4,383,8412012Assets 2013: $46,494,767Liabilities 2013: $42,331,097Net Assets 2013: $4,163,6702013Assets 2014: $44,838,689Liabilities 2014: $40,137,896Net Assets 2014: $4,700,7932014Assets 2015: $44,540,360Liabilities 2015: $39,721,563Net Assets 2015: $4,818,7972015Assets 2016: $41,925,302Liabilities 2016: $37,245,888Net Assets 2016: $4,679,4142016Assets 2017: $41,117,160Liabilities 2017: $36,320,414Net Assets 2017: $4,796,7462017Assets 2018: $39,537,076Liabilities 2018: $34,757,937Net Assets 2018: $4,779,1392018Assets 2019: $39,566,897Liabilities 2019: $34,741,135Net Assets 2019: $4,825,7622019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$41,117,160
Liabilities$36,320,414
Net Assets$4,796,746

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,189,8092010Revenue 2011: $3,709,520Expenses 2011: $4,223,503Net Income 2011: -$513,9832011Expenses 2012: $4,836,2552012Revenue 2013: $3,179,311Expenses 2013: $2,998,091Net Income 2013: $181,2202013Revenue 2014: $2,719,760Expenses 2014: $2,530,622Net Income 2014: $189,1382014Revenue 2015: $2,570,424Expenses 2015: $2,273,669Net Income 2015: $296,7552015Revenue 2016: $2,472,849Expenses 2016: $2,302,829Net Income 2016: $170,0202016Revenue 2017: $2,344,009Expenses 2017: $2,319,009Net Income 2017: $25,0002017Revenue 2018: $2,337,730Expenses 2018: $2,356,331Net Income 2018: -$18,6012018Revenue 2019: $2,308,285Expenses 2019: $2,531,369Net Income 2019: -$223,0842019Revenue 2020: $2,082,933Expenses 2020: $3,201,958Net Income 2020: -$1,119,0252020

Highlighted filing

2017

Revenue$2,344,009
Expenses$2,319,009
Net Income$25,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 11, 2018
Return Version
2017v2.3
Gross Receipts
$2,361,738
Mission and Program Overview

Mission

Landmark credit union is an alabama state-chartered credit union established for the twofold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest. Landmark serves members who reside, work, attend school, or worship in any area west of i-65, saint clair county, city of lincoln, and city of talladega. The credit union provides services to approximately 3,800 members.

To provide financial services to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$29,061,666$28,803,775▼ $257,891
Investments in Publicly Traded Securities$7,139,660$6,219,582▼ $920,078
Rtn Earn Endowment Incm Other Fnds$4,679,414$4,796,746▲ $117,332
Savings and Temporary Cash Investments$3,061,020$2,706,832▼ $354,188
Land, Buildings, and Equipment, Net$571,119$1,545,015▲ $973,896
Prepaid Expenses and Deferred Charges$624,228$601,317▼ $22,911
Cash and Non-Interest-Bearing Accounts$488,658$473,867▼ $14,791
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$41,925,302$41,117,160▼ $808,142
Other Assets Total$978,951$766,772▼ $212,179
Liabilities
Other Liabilities$36,931,975$35,922,987▼ $1,008,988
Accounts Payable and Accrued Expenses$228,548$303,479▲ $74,931
Escrow Account Liability$85,365$93,948▲ $8,583
Total Liabilities$37,245,888$36,320,414▼ $925,474
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,679,414$4,796,746▲ $117,332
Total Liabilities and Net Assets / Fund Balance$41,925,302$41,117,160▼ $808,142

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$744,109$474,362$1,218,471
Land$550,000-$550,000
Other Land Buildings$250,906$108,887$359,793
Leasehold Improvements$0$38,656$38,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dow HillPresident/CEOFT$117,863$73,685$191,548
Deb RackardCOOFT$79,345$25,430$104,775
Ron ChathamVP LendingFT$64,480$14,290$78,770

Board Members and Trustees

NameTitle
Richard Shealy JrChairman
Frank WallDirector
Gregg CrabbDirector
Hal FerrellDirector
Henry PiaskyDirector
John Hodnett JrDirector
Wallace Wyatt JrDirector
Carl KantorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,235,116
Investment Income
$126,127
Other Revenue
$-17,234
Change in Net Assets
$25,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,370,596
Salaries, Compensation, and Employee Benefits$948,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$397,766
Current Officers, Directors, Trustees, and Key Employees---$375,093
Interest---$228,097
Office Expenses---$174,521
Information Technology---$150,602
Other Employee Benefits---$126,394
Occupancy---$116,303
Fees for Services Other---$92,706
Fees for Services Accounting---$75,000
Depreciation Depletion---$62,018
All Other Expenses---$57,866
Payroll Taxes---$49,160
Conferences and Meetings---$48,417
Advertising---$44,408
Insurance---$41,585
Other Expenses---$31,378
Fees for Services Legal---$14,341
Travel---$11,389
Total Functional Expenses$0$0$0$2,319,009
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$35,922,987
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
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 its members.

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

The board of directors are elected by the credit union's membership at the annual meeting. The credit union's bylaws govern the election procedures. The terms of the board of directors, as set by the bylaws, are three years and are staggered so that an equal number expire at each annual meeting. Prior to the annual meeting, the board chairman appoints a nominating committee to nominate a candidate for each vacancy. Nominations may also be made by petition. Election by the membership is performed through written ballots, unless there is only one nominee. All elections are determined by a plurality vote.

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

The following types of decisions are subject to approval by the credit union's members: election & termination of board members and supervisory committee members, expulsion of credit union members, conversion from state to federal charter, and merger decisions.

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

Management and the board of directors perform a review of the form 990 prior to filing.

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

Management regularly reviews officials and employee accounts for unusual activity and conflicts of interest.

Form 990, Part VI, Section B, Line 15

The board of directors approves the ceo's compensation. The ceo approves all other employee compensation. Salary surveys and performance evaluations are used to determine compensation.

Form 990, Part VI, Section C, Line 19

The credit union makes its governing documents available to the public upon request. The credit union's financial statements are also provided at the annual membership meeting held in march each year.

Filing and Contact Details

Filer

Filer Name
Landmark Credit Union
EIN
63-0207455
Phone
2057839100
Address
5705 VALLEY ROAD/PO BOX 150, FAIRFIELD, AL 35064

Signing Officer

Name
Dow Hill
Title
President/CEO
Phone
2057839100
Signed
2018-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dow Hill
Formed
1928
Legal Domicile
Al
Voting Board Members
7
Independent Board Members
7
Employees
17
Volunteers
9

Preparer

Firm
Warren Averett LLC
Address
316 SOUTH BAYLEN ST SUITE 300, PENSACOLA, FL 32502
Preparer
Jennifer C King CPA
Phone
8504357400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Pension liability adjustment 29,228.

Form 990, Part XII, Financial Statements and Reporting, Line 2B

The credit union receives an annual financial statement opinion audit from licensed auditors. However, the audit period is from april 1st through march 31st. The most recent audited financial statements are as of march 31, 2017.

Form 990, Part XII, Financial Statements and Reporting, Line 2C

The credit union has a supervisory committee which consists of three member volunteers. This committee assumes the responsibility for oversight of the financial statement audit and selection of the independent accountant performing the audit.

Financial Statement Notes

PART IV, LINE 2B:

The credit union holds escrowed funds for the payment of property taxes and homeowners' insurance as a service to our members who have mortgages with the credit union.

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IRS990/MissionDesc0LANDMARK CREDIT UNION IS AN ALABAMA STATE-CHARTERED CREDIT UNION ESTABLISHED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. LANDMARK SERVES MEMBERS WHO RESIDE, WORK, ATTEND SCHOOL, OR WORSHIP IN ANY AREA WEST OF I-65, SAINT CLAIR COUNTY, CITY OF LINCOLN, AND CITY OF TALLADEGA. THE CREDIT UNION PROVIDES SERVICES TO APPROXIMATELY 3,800 MEMBERS.
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IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0LOSS ON OREO
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-17234
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-17234
IRS990/OtherRevenueTotalAmt0-17234
IRS990/OtherSalariesAndWagesGrp/TotalAmt0397766
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt029061666
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt028803775
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt049160
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0624228
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0601317
IRS990/PrincipalOfficerNm0DOW HILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FINANCIAL SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2ATM FOREIGN FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01686195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1530414
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01686195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1530414
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218507
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt018507
IRS990/ProgSrvcAccomActy2Grp/Desc0TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, LANDMARK PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER, REAL ESTATE, AND BUSINESS LENDING PRODUCTS AT REASONABLE RATES OF INTEREST.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0176647
IRS990/PYOtherExpensesAmt01303108
IRS990/PYOtherRevenueAmt013212
IRS990/PYProgramServiceRevenueAmt02282990
IRS990/PYRevenuesLessExpensesAmt0170020
IRS990/PYSalariesCompEmpBnftPaidAmt0999721
IRS990/PYTotalExpensesAmt02302829
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02472849
IRS990/ReconcilationRevenueExpnssAmt025000
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04679414
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04796746
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03061020
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02706832
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0744109
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0474362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01218471
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0550000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0550000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt038656
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038656
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0250906
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0108887
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0359793
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035922987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS ESCROWED FUNDS FOR THE PAYMENT OF PROPERTY TAXES AND HOMEOWNERS' INSURANCE AS A SERVICE TO OUR MEMBERS WHO HAVE MORTGAGES WITH THE CREDIT UNION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01545015
IRS990ScheduleD/TotalLiabilityAmt035922987
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0117863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt050392
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010293
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOW HILL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0191548
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS OWNED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION'S MEMBERSHIP AT THE ANNUAL MEETING. THE CREDIT UNION'S BYLAWS GOVERN THE ELECTION PROCEDURES. THE TERMS OF THE BOARD OF DIRECTORS, AS SET BY THE BYLAWS, ARE THREE YEARS AND ARE STAGGERED SO THAT AN EQUAL NUMBER EXPIRE AT EACH ANNUAL MEETING. PRIOR TO THE ANNUAL MEETING, THE BOARD CHAIRMAN APPOINTS A NOMINATING COMMITTEE TO NOMINATE A CANDIDATE FOR EACH VACANCY. NOMINATIONS MAY ALSO BE MADE BY PETITION. ELECTION BY THE MEMBERSHIP IS PERFORMED THROUGH WRITTEN BALLOTS, UNLESS THERE IS ONLY ONE NOMINEE. ALL ELECTIONS ARE DETERMINED BY A PLURALITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOLLOWING TYPES OF DECISIONS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION'S MEMBERS: ELECTION & TERMINATION OF BOARD MEMBERS AND SUPERVISORY COMMITTEE MEMBERS, EXPULSION OF CREDIT UNION MEMBERS, CONVERSION FROM STATE TO FEDERAL CHARTER, AND MERGER DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT AND THE BOARD OF DIRECTORS PERFORM A REVIEW OF THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT REGULARLY REVIEWS OFFICIALS AND EMPLOYEE ACCOUNTS FOR UNUSUAL ACTIVITY AND CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS APPROVES THE CEO'S COMPENSATION. THE CEO APPROVES ALL OTHER EMPLOYEE COMPENSATION. SALARY SURVEYS AND PERFORMANCE EVALUATIONS ARE USED TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE ALSO PROVIDED AT THE ANNUAL MEMBERSHIP MEETING HELD IN MARCH EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PENSION LIABILITY ADJUSTMENT 29,228.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE CREDIT UNION RECEIVES AN ANNUAL FINANCIAL STATEMENT OPINION AUDIT FROM LICENSED AUDITORS. HOWEVER, THE AUDIT PERIOD IS FROM APRIL 1ST THROUGH MARCH 31ST. THE MOST RECENT AUDITED FINANCIAL STATEMENTS ARE AS OF MARCH 31, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE CREDIT UNION HAS A SUPERVISORY COMMITTEE WHICH CONSISTS OF THREE MEMBER VOLUNTEERS. THIS COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT PERFORMING THE AUDIT.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt041925302
IRS990/TotalAssetsEOYAmt041117160
IRS990/TotalAssetsGrp/BOYAmt041925302
IRS990/TotalAssetsGrp/EOYAmt041117160
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/TotalAmt02319009
IRS990/TotalGrossUBIAmt018507
IRS990/TotalLiabilitiesBOYAmt037245888
IRS990/TotalLiabilitiesEOYAmt036320414
IRS990/TotalLiabilitiesGrp/BOYAmt037245888
IRS990/TotalLiabilitiesGrp/EOYAmt036320414
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04679414
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04796746
IRS990/TotalOtherCompensationAmt0100405
IRS990/TotalProgramServiceRevenueAmt02235116
IRS990/TotalReportableCompFromOrgAmt0274688
IRS990/TotalRevenueGrp/ExclusionAmt0126127
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02199375
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02344009
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt018507
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt041925302
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041117160
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt011389
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05705 VALLEY ROAD/PO BOX 150
IRS990/USAddress/CityNm0FAIRFIELD
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035064
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LANDMARKCU.NET
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOW HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02057839100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-11

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