Civic Intelligence

Secure First Credit Union

990 • Fiscal year 2010 • EIN 63-0310907

Jan 01, 2010 to Dec 31, 2010 • Filed on Aug 15, 2011

Organization ProfileWWW.SECUREFIRSTCU.ORG

View Organization Page

P O Box 17007035217
Siviq Scores

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

Liabilities / Assets

26th percentile

0.85x

Higher debt load relative to assets than 26% of similar nonprofits.

2010 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets26th percentile

Assets

$46,790,576

No earlier filing loaded for comparison.

Net Assets

$7,220,460

No earlier filing loaded for comparison.

Liabilities

$39,570,116

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,538,866

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60M$40M$20M$0Assets 2010: $46,790,576Liabilities 2010: $39,570,116Net Assets 2010: $7,220,4602010Assets 2011: $46,722,654Liabilities 2011: $39,773,131Net Assets 2011: $6,949,5232011Assets 2012: $44,541,996Liabilities 2012: $37,906,261Net Assets 2012: $6,635,7352012Assets 2013: $43,696,839Liabilities 2013: $37,843,295Net Assets 2013: $5,853,5442013Assets 2014: $43,450,540Liabilities 2014: $37,497,915Net Assets 2014: $5,952,6252014

Highlighted filing

2010

Assets$46,790,576
Liabilities$39,570,116
Net Assets$7,220,460
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,538,8662010Revenue 2011: $2,135,015Expenses 2011: $2,425,290Net Income 2011: -$290,2752011Expenses 2012: $2,196,5892012Revenue 2013: $2,132,277Expenses 2013: $2,527,382Net Income 2013: -$395,1052013Revenue 2014: $2,026,221Expenses 2014: $2,202,477Net Income 2014: -$176,2562014

Highlighted filing

2010

Revenue-
Expenses$2,538,866
Net Income-
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Aug 15, 2011
Return Version
2010v3.2
Gross Receipts
$3,534,638
Mission and Program Overview

Mission

Cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest.

Filing and Contact Details

Filer

EIN
63-0310907
Raw XML AppendixShowing 400 of 409 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
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0152039
IRS990/AccountsPayableAccruedExpenses/EOY01063773
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS
IRS990/AddressPrincipalOfficerUS/AddressLine10P O BOX 170070
IRS990/AddressPrincipalOfficerUS/City0BIRMINGHAM
IRS990/AddressPrincipalOfficerUS/State0AL
IRS990/AddressPrincipalOfficerUS/ZIPCode035217
IRS990/Advertising/Total05926
IRS990/AllOtherExpenses/Total05774
IRS990/AnnualDisclosureCoveredPersons00
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY00
IRS990/CapStckTrstPrinCurrentFunds/EOY00
IRS990/CashNonInterestBearing/BOY0832382
IRS990/CashNonInterestBearing/EOY0927305
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0247725
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/Total0983
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/Total069306
IRS990/DescribedIn501C300
IRS990/Description011,126 MEMBERS SERVED TO PROMOTE THRIFT OPPORTUNITIES AND LOW COST LOANS
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/Total030000
IRS990/FeesForServicesOther/Total029915
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek02.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek12.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek22.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek42.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek52.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek62.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek72.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek840.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek940.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1040.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1140.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1240.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/NamePerson0RICHARD O BROOKS
IRS990/Form990PartVIISectionA/NamePerson1ALBERT L BURGE
IRS990/Form990PartVIISectionA/NamePerson2JESSE D BOOKER
IRS990/Form990PartVIISectionA/NamePerson3J KENNETH HAYES
IRS990/Form990PartVIISectionA/NamePerson4WILLIAM LAMMONS
IRS990/Form990PartVIISectionA/NamePerson5JERRY KING
IRS990/Form990PartVIISectionA/NamePerson6LEBORN INGLE
IRS990/Form990PartVIISectionA/NamePerson7KAY KING
IRS990/Form990PartVIISectionA/NamePerson8A BRIAN CRAWFORD
IRS990/Form990PartVIISectionA/NamePerson9LINDSEY B SUMRALL
IRS990/Form990PartVIISectionA/NamePerson10C REGINA PICKENS
IRS990/Form990PartVIISectionA/NamePerson11RUSSELL M FURNEY
IRS990/Form990PartVIISectionA/NamePerson12JORDAN B SULLIVAN
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation84500
IRS990/Form990PartVIISectionA/OtherCompensation91000
IRS990/Form990PartVIISectionA/OtherCompensation108000
IRS990/Form990PartVIISectionA/OtherCompensation118000
IRS990/Form990PartVIISectionA/OtherCompensation124500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization837096
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization960011
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1051245
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1150999
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1222374
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/Title0CHAIRMAN
IRS990/Form990PartVIISectionA/Title1VICE CHAIRMAN
IRS990/Form990PartVIISectionA/Title2VICE CHAIRMAN
IRS990/Form990PartVIISectionA/Title3BOARD MEMBER
IRS990/Form990PartVIISectionA/Title4BOARD MEMBER
IRS990/Form990PartVIISectionA/Title5TREASURER
IRS990/Form990PartVIISectionA/Title6SECRETARY
IRS990/Form990PartVIISectionA/Title7BOARD MEMBER
IRS990/Form990PartVIISectionA/Title8PRESIDENT & CEO (JAN-APRIL)
IRS990/Form990PartVIISectionA/Title9SR. VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title10VP OPERATIONS
IRS990/Form990PartVIISectionA/Title11INTERIM PRESIDENT (JUNE-AUG)
IRS990/Form990PartVIISectionA/Title12CEO (AUGUST - PRESENT)
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited00
IRS990/FundraisingActivities00
IRS990/GainOrLoss/Other0-3015
IRS990/GainOrLoss/Securities0-33863
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Other03058
IRS990/GrossAmountSalesAssets/Securities01070825
IRS990/GrossReceipts03534638
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/Insurance/Total043233
IRS990/Interest/Total0505514
IRS990/InvestmentIncomeCurrentYear0347870
IRS990/InvestmentIncome/ExclusionAmount0384748
IRS990/InvestmentIncomePriorYear0328423
IRS990/InvestmentIncome/TotalRevenueColumn0384748
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY0753014
IRS990/InvestmentsProgramRelated/EOY0729389
IRS990/LandBldgEquipmentAccumDeprec02618579
IRS990/LandBuildingsEquipmentBasis03447218
IRS990/LandBuildingsEquipmentBasisNet/BOY0839276
IRS990/LandBuildingsEquipmentBasisNet/EOY0828639
IRS990/LessCostOthBasisSalesExpenses/Other06073
IRS990/LessCostOthBasisSalesExpenses/Securities01104688
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters01
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0JORDAN B SULLIVAN
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY07435325
IRS990/NetAssetsOrFundBalancesEOY07220460
IRS990/NetGainOrLossInvestments/ExclusionAmount0-36878
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-36878
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109602133
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees026
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0144822
IRS990/OfficeExpenses/Total0333273
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY02066162
IRS990/OtherAssetsTotal/EOY03746551
IRS990/OtherEmployeeBenefits/Total084364
IRS990/OtherExpensePriorYear02533732
IRS990/OtherExpensesCurrentYear01643271
IRS990/OtherExpenses/Description0BAD DEBT
IRS990/OtherExpenses/Description1ACCOUNT AND LOAN SERVIC
IRS990/OtherExpenses/Description2NCUSIF STABILIZATION EX
IRS990/OtherExpenses/Description3MISCELLANEOUS
IRS990/OtherExpenses/Description4ASSOCIATION DUES
IRS990/OtherExpenses/Total0202040
IRS990/OtherExpenses/Total1110399
IRS990/OtherExpenses/Total297215
IRS990/OtherExpenses/Total332289
IRS990/OtherExpenses/Total416566
IRS990/OtherLiabilities/BOY037199111
IRS990/OtherLiabilities/EOY038506343
IRS990/OtherNotesLoansReceivableNet/BOY025662364
IRS990/OtherNotesLoansReceivableNet/EOY020855024
IRS990/OtherRevenueCurrentYear0521709
IRS990/OtherRevenueMisc/BusinessCode0522130
IRS990/OtherRevenueMisc/BusinessCode1522130
IRS990/OtherRevenueMisc/Description0ACCOUNT, LOAN, AND INT
IRS990/OtherRevenueMisc/Description1MISCELLANEOUS INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0504236
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome117473
IRS990/OtherRevenueMisc/TotalRevenueColumn0504236
IRS990/OtherRevenueMisc/TotalRevenueColumn117473
IRS990/OtherRevenuePriorYear0734355
IRS990/OtherSalariesAndWages/Total0450379
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY00
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total057357
IRS990/PensionPlanContributions/Total055770
IRS990/PoliciesReferenceChapters01
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY0108943
IRS990/PrepaidExpensesDeferredCharges/EOY0143267
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0522130
IRS990/ProgramServiceRevenueCY01554298
IRS990/ProgramServiceRevenue/Description0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenuePriorYear01858257
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome01554298
IRS990/ProgramServiceRevenue/TotalRevenueColumn01554298
IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges0-99876
IRS990/ReconcilationRevenueExpenses0-114989
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote00
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets01
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RetainedEarningsEndowmentEtc/BOY07435325
IRS990/RetainedEarningsEndowmentEtc/EOY07220460
IRS990/RevenuesLessExpensesCY0-114989
IRS990/RevenuesLessExpensesPriorYear0-538459
IRS990/SalariesEtcCurrentYear0895595
IRS990/SalariesEtcPriorYear0925762
IRS990/SavingsAndTempCashInvestments/BOY014524334
IRS990/SavingsAndTempCashInvestments/EOY019560401
IRS990/ScheduleBRequired00
IRS990ScheduleD/Buildings/BookValue0534953
IRS990ScheduleD/Buildings/Depreciation0915598
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis01450551
IRS990ScheduleD/Equipment/BookValue0109548
IRS990ScheduleD/Equipment/Depreciation01702981
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01812529
IRS990ScheduleD/Land/BookValue0184138
IRS990ScheduleD/Land/OtherCostOrOtherBasis0184138
IRS990ScheduleD/OtherAssets/BookValue0367960
IRS990ScheduleD/OtherAssets/BookValue1112663
IRS990ScheduleD/OtherAssets/BookValue274574
IRS990ScheduleD/OtherAssets/BookValue3221342
IRS990ScheduleD/OtherAssets/BookValue42905983
IRS990ScheduleD/OtherAssets/BookValue564029
IRS990ScheduleD/OtherAssets/Description0NCUSIF DEPOSIT
IRS990ScheduleD/OtherAssets/Description1ACCRUED INTEREST ON LOANS
IRS990ScheduleD/OtherAssets/Description2ACCRUED INCOME ON INVESTMENTS
IRS990ScheduleD/OtherAssets/Description3FORECLOSURES
IRS990ScheduleD/OtherAssets/Description4SHAREDRAFT, CHECKS, AND WIRES SETTL
IRS990ScheduleD/OtherAssets/Description5OTHER ASSETS
IRS990ScheduleD/OtherLiabilities/Amount038506343
IRS990ScheduleD/OtherLiabilities/Description0MEMBER SHARES
IRS990ScheduleD/TotalBookValueOtherAssets03746551
IRS990ScheduleD/TotalOfAmounts038506343
IRS990ScheduleD/TotalOfBookValueLandBuildings0828639
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0SECURE FIRST CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED BY ITS MEMBERS. IN ORDER TO BECOME A MEMBER OF THE CREDIT UNION, AN INDIVIDUAL MUST LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN JEFFERSON OR TUSCALOOSA COUNTIES IN THE STATE OF ALABAMA.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERS OF THE CREDIT UNION ELECT MEMBERS OF THE GOVERNING BODY EACH YEAR AT THE ANNUAL MEETING. BOARD OF DIRECTORS ARE ONLY APPOINTED BY THE GOVERNING BODY IF A POSITION BECOMES AVAILABLE DURING THE YEAR PRIOR TO AN ANNUAL MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FOLLOWING DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL OF MEMBERS: CHANGING OF THE CREDIT UNION'S CHARTER FROM STATE TO FEDERAL OR FEDERAL TO STATE, AMENDING OF THE CREDIT UNION'S BYLAWS, AND DISSOLVING THE CREDIT UNION.
IRS990ScheduleO/GeneralExplanation/Explanation3UPON COMPLETION OF THE CREDIT UNION'S FORM 990, THE RETURN IS PRESENTED TO THE BOARD AT A BOARD OF DIRECTORS MEETING. AT THE MEETING, THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED AND APPROVED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/GeneralExplanation/Explanation4CREDIT UNION STAFF REVIEW THE CONFLICT OF INTEREST POLICY WITH THE CREDIT UNION'S MANAGER UPON EMPLOYMENT WITH THE CREDIT UNION. THE CREDIT UNION MANAGER CONSTANTLY MONITORS THE STAFF TO MAKE SURE EVERYONE IS IN COMPLIANCE WITH THE POLICY VIA REPORTS CREATED BY AN ACCOUNT MONITORING SOFTWARE. ADDITIONALLY, THE CREDIT UNION'S UPDATED POST-CLOSING LOAN REVIEW SUPPORTS THESE EFFORTS.
IRS990ScheduleO/GeneralExplanation/Explanation5COMPENSATION FOR OFFICERS, KEY EMPLOYEES & TOP MANAGEMENT OFFICIALS IS DETERMINED ON A YEARLY BASIS. BEFORE COMPENSATION IS SET, THE BOARD OF DIRECTORS EXAMINES THE TYPE AND AMOUNT OF WORK PERFORMED BY THE EMPLOYEES WHILE TAKING INTO ACCOUNT THE CREDIT UNION'S PRIOR YEAR INCOME. THE BOARD USES NATIONAL PEER GROUP SALARY GUIDES PROVIDED BY CUNA AS AN INDEPENDENT SALARY GUIDE.
IRS990ScheduleO/GeneralExplanation/Explanation6THE CREDIT UNION MAKES AVAILABLE ITS FINANCIAL STATEMENTS VIA THE NCUA WEBSITE WHICH CAN BE FOUND AT WWW.NCUA.GOV. OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation7NET UNREALIZED LOSSES ON INVESTMENTS: -95,071. ACCUMULATED OTHER COMPREHENSIVE INCOME - PBO ADJUSTMENT -4,805. TOTAL TO FORM 990, PART XI, LINE 5: -99,876.
IRS990ScheduleO/GeneralExplanation/Explanation8THE AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A 9/30 ANNUAL BASIS. ON A YEARLY BASIS, THE NATIONAL CREDIT UNION ADMINISTRATION EXAMINES THE FINANCIAL STATEMENTS OF THE CREDIT UNION. ADDITIONALLY, THE LEAGUE OF SOUTHEASTERN CREDIT UNIONS PERFORMS SIMILAR PROCEDURES AND REVIEW OF THE CREDIT UNION'S FINANCIAL STATEMENTS YEARLY.
IRS990ScheduleO/GeneralExplanation/Explanation9THE CREDIT UNION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR FOR THE AUDIT COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/Identifier3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier4CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XII, LINE 2:
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, LINE 2:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0AL
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine103000 WINEWOOD ROAD
IRS990/TheBooksAreInCareOf/AddressUS/City0BIRMINGHAM
IRS990/TheBooksAreInCareOf/AddressUS/State0AL
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode035217
IRS990/TheBooksAreInCareOf/NamePerson0JORDAN B SULLIVAN
IRS990/TheBooksAreInCareOf/TelephoneNumber02055202115
IRS990/TotalAssets/BOY044786475
IRS990/TotalAssetsBOY044786475
IRS990/TotalAssets/EOY046790576
IRS990/TotalAssetsEOY046790576
IRS990/TotalCompGT150K00
IRS990/TotalExpensesCurrentYear02538866
IRS990/TotalExpensesPriorYear03459494
IRS990/TotalFunctionalExpenses/Total02538866
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY037351150
IRS990/TotalLiabilitiesBOY037351150
IRS990/TotalLiabilities/EOY039570116
IRS990/TotalLiabilitiesEOY039570116
IRS990/TotalLiabNetAssetsFundBalances/BOY044786475
IRS990/TotalLiabNetAssetsFundBalances/EOY046790576
IRS990/TotalNbrEmployees026
IRS990/TotalNbrVolunteers010
IRS990/TotalNetAssetsFundBalances/BOY07435325
IRS990/TotalNetAssetsFundBalances/EOY07220460
IRS990/TotalOtherCompensation026000
IRS990/TotalOtherRevenue0521709
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue01554298
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0221725
IRS990/TotalRevenueCurrentYear02423877
IRS990/TotalRevenue/ExclusionAmount0347870
IRS990/TotalRevenuePriorYear02921035
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome02076007
IRS990/TotalRevenue/TotalRevenueColumn02423877
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/Travel/Total016016
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X
IRS990/WebSite0WWW.SECUREFIRSTCU.ORG
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01951
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0630310907
ReturnHeader/Filer/Name/BusinessNameLine10SECURE FIRST CREDIT UNION
ReturnHeader/Filer/NameControl0SECU
ReturnHeader/Filer/Phone02055202115
ReturnHeader/Filer/USAddress/AddressLine10P O BOX 170070
ReturnHeader/Filer/USAddress/City0BIRMINGHAM
ReturnHeader/Filer/USAddress/State0AL
ReturnHeader/Filer/USAddress/ZIPCode035217
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02011-08-15
ReturnHeader/Officer/Name0JORDAN B SULLIVAN
ReturnHeader/Officer/Phone02053139401
ReturnHeader/Officer/Title0CEO
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10BARFIELD MURPHY SHANK & SMITH PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101121 RIVERCHASE OFFICE RD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BIRMINGHAM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$46,790,576
Liabilities
$39,570,116
Net assets
$7,220,460
Revenue
-
Expenses
$2,538,866
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$43.5$37.5$5.95$2.03$2.20$0.18
2013Detailed filing. Detailed filing data is available for this year.$43.7$37.8$5.85$2.13$2.53$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$37.9$6.64$2.20
2011Summary only. Only limited summary data is available for this year.$46.7$39.8$6.95$2.14$2.43$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.8$39.6$7.22$2.54