Civic Intelligence

Credit Unions in the State of Alabama Azalea City Credit Union

990 • Fiscal year 2013 • EIN 63-0338577

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

Organization ProfileWWW.AZALEACITYCU.COM

View Organization Page

505 Boulevard Park East36609

(251) 316-0000

Siviq Scores

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

Liabilities / Assets

29th percentile

0.83x

Higher debt load relative to assets than 29% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

14th percentile

11.25x

Higher debt load relative to revenue than 14% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

66th percentile

8.1%

Higher net margin than 66% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

92nd percentile

$112,504

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Asset Growth

1st percentile

-12%

Faster asset growth than 1% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Balance Sheet
Liabilities / Assets29th percentile

Assets

Down

$18,820,179

Down $2,451,898 (-12%) from 2012

Net Assets

Up

$3,220,194

Up $111,891 (+3.6%) from 2012

Liabilities

Down

$15,599,985

Down $2,563,789 (-14%) from 2012

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin66th percentile

Revenue

$1,386,703

No earlier filing loaded for comparison.

Expenses

Down

$1,274,812

Down $60,675 (-4.5%) from 2012

Net Income

$111,891

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$60M$40M$20M$0Assets 2010: $18,108,170Liabilities 2010: $15,274,416Net Assets 2010: $2,833,7542010Assets 2011: $19,068,360Liabilities 2011: $16,114,523Net Assets 2011: $2,953,8372011Assets 2012: $21,272,077Liabilities 2012: $18,163,774Net Assets 2012: $3,108,3032012Assets 2013: $18,820,179Liabilities 2013: $15,599,985Net Assets 2013: $3,220,1942013Assets 2014: $18,146,732Liabilities 2014: $14,830,874Net Assets 2014: $3,315,8582014Assets 2015: $19,490,371Liabilities 2015: $16,004,784Net Assets 2015: $3,485,5872015Assets 2016: $24,147,043Liabilities 2016: $20,361,285Net Assets 2016: $3,785,7582016Assets 2017: $27,282,400Liabilities 2017: $23,251,042Net Assets 2017: $4,031,3582017Assets 2018: $27,293,965Liabilities 2018: $23,722,570Net Assets 2018: $3,571,3952018Assets 2019: $27,472,385Liabilities 2019: $23,596,706Net Assets 2019: $3,875,6792019Assets 2020: $31,419,151Liabilities 2020: $27,288,238Net Assets 2020: $4,130,9132020Assets 2021: $34,468,822Liabilities 2021: $29,940,307Net Assets 2021: $4,528,5152021Assets 2022: $34,244,152Liabilities 2022: $29,107,586Net Assets 2022: $5,136,5662022Assets 2023: $42,434,958Liabilities 2023: $36,073,548Net Assets 2023: $6,361,4102023Assets 2024: $43,077,807Liabilities 2024: $36,578,248Net Assets 2024: $6,499,5592024

Highlighted filing

2013

Assets$18,820,179
Liabilities$15,599,985
Net Assets$3,220,194
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,321,2722010Expenses 2011: $1,310,2732011Expenses 2012: $1,335,4872012Revenue 2013: $1,386,703Expenses 2013: $1,274,812Net Income 2013: $111,8912013Revenue 2014: $1,282,299Expenses 2014: $1,186,635Net Income 2014: $95,6642014Revenue 2015: $1,531,196Expenses 2015: $1,361,467Net Income 2015: $169,7292015Revenue 2016: $1,903,937Expenses 2016: $1,603,766Net Income 2016: $300,1712016Revenue 2017: $2,186,035Expenses 2017: $1,940,435Net Income 2017: $245,6002017Revenue 2018: $2,290,375Expenses 2018: $2,750,338Net Income 2018: -$459,9632018Revenue 2019: $2,288,732Expenses 2019: $1,984,448Net Income 2019: $304,2842019Revenue 2020: $2,085,552Expenses 2020: $1,830,318Net Income 2020: $255,2342020Revenue 2021: $2,094,361Expenses 2021: $1,696,759Net Income 2021: $397,6022021Revenue 2022: $2,228,511Expenses 2022: $1,620,460Net Income 2022: $608,0512022Revenue 2023: $2,662,808Expenses 2023: $2,145,116Net Income 2023: $517,6922023Revenue 2024: $3,131,618Expenses 2024: $2,843,469Net Income 2024: $288,1492024

Highlighted filing

2013

Revenue$1,386,703
Expenses$1,274,812
Net Income$111,891
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.0
Gross Receipts
$1,386,703
Mission and Program Overview

Mission

To provide thrift opportunities and low cost loans to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,809,929$9,764,615▼ $45,314
Savings and Temporary Cash Investments$5,681,985$4,435,000▼ $1,246,985
Rtn Earn Endowment Incm Other Fnds$3,108,303$3,220,194▲ $111,891
Land, Buildings, and Equipment, Net$990,520$1,281,324▲ $290,804
Cash and Non-Interest-Bearing Accounts$534,815$473,293▼ $61,522
Prepaid Expenses and Deferred Charges$28,016$39,793▲ $11,777
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$21,272,077$18,820,179▼ $2,451,898
Other Assets Total$4,226,812$2,826,154▼ $1,400,658
Liabilities
Other Liabilities$18,118,407$15,554,280▼ $2,564,127
Accounts Payable and Accrued Expenses$45,367$45,705▲ $338
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$18,163,774$15,599,985▼ $2,563,789
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,108,303$3,220,194▲ $111,891
Total Liabilities and Net Assets / Fund Balance$21,272,077$18,820,179▼ $2,451,898

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$505,909$288,693$0
Other Land Buildings$47,909$0$0
Land$688,515-$0
Equipment$38,991$0$0
Leasehold Improvements$0$0$0
Other Assets Org$2,474,781--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Olabode AnisePresident/CEOFT$112,504$112,504

Board Members and Trustees

NameTitle
Jerry ByrdChairman
Lawrence WoodVice-chairman
Mona WilliamsDirector
Aaron AndrySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$829,280
Investment Income
$61,734
Other Revenue
$495,689
Change in Net Assets
$111,891

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,386,703
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,386,703
Total Revenue per Form 990
$1,386,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$737,549
Salaries, Compensation, and Employee Benefits$537,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$292,867
Other Salaries and Wages---$282,485
Current Officers, Directors, Trustees, and Key Employees---$130,555
Office Expenses---$119,282
Depreciation Depletion---$87,789
Other Employee Benefits---$80,806
Interest---$67,527
Occupancy---$49,117
Insurance---$37,944
Payroll Taxes---$32,049
Conferences and Meetings---$20,872
Travel---$14,508
Other Expenses---$11,441
Pension Plan Contributions---$11,368
Fees for Services Accounting---$9,746
Fees for Services Legal---$5,871
Advertising---$4,246
Total Functional Expenses$0$0$0$1,274,812

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,274,812
Total Expenses per Audited Statements$1,274,812
Total Expenses per Form 990$1,274,812
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Total Shares of Members$15,554,280
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The credit union has members”

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

“A copy id provided for review by the board of directors at the monthly meetings”

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

“Each year, the CEO reviews or updates each policy with the appropriate changes and then provide to the boad of directors to review and sign at the monthly board meetings.”

Form 990, Part VI, Section B, Line 15

“Annually, the Board of Directors evaluate the CEOs performance for the year and then meet to determine compensation.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in the lobby and presented to members at the annual meeting. All other documents are made available upon request.”

Filing and Contact Details

Filer

EIN
63-0338577
Phone
2513160000

Signing Officer

Name
LaToya Baker
Title
Sr. Accountant
Phone
2513160000
Signed
2014-05-13

Organization Details

Principal Officer
Olabode Anise
Formed
1954
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
4
Employees
13
Volunteers
8
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

“Form 990-T for year 2013 will be mailed on 5/14/2014.”

Form 990, Part IX, Line 24E

“All other expenses consist of association dues, charitable contribution, other professional and outside expenses, bad debt, operating fees, cash over and short, loan servicing expense, and share recovery and lost.”

Raw XML AppendixShowing 400 of 483 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/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt013845
IRS990/OtherRevenueTotalAmt0495689
IRS990/OtherSalariesAndWagesGrp/TotalAmt0282485
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09809929
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09764615
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt032049
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt011368
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028016
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039793
IRS990/PrincipalOfficerNm0Olabode Anise
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0829280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0829280
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt077867
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0826950
IRS990/PYOtherRevenueAmt0522647
IRS990/PYProgramServiceRevenueAmt0889439
IRS990/PYRevenuesLessExpensesAmt0154466
IRS990/PYSalariesCompEmpBnftPaidAmt0508537
IRS990/PYTotalExpensesAmt01335487
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01489953
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0111891
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03108303
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03220194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05681985
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04435000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0505909
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0288693
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0794602
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt038991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt038991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01274812
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0688515
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0688515
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt079481
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1171594
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2100298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32474781
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Accrued Income
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Member Sharedrafts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Collateral in Process of Liquidation
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Other Investments
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt047909
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt047909
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015554280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Total Shares of Members
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01386703
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01281324
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02826154
IRS990ScheduleD/TotalExpensesPerForm990Amt01274812
IRS990ScheduleD/TotalLiabilityAmt015554280
IRS990ScheduleD/TotalRevenuePerForm990Amt01386703
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01386703
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01274812
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0100358
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt110008
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt212214
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt346361
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Real Estate
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Collateral
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Collateral
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Collateral
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt137000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt235660
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt351360
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Jerry Byrd
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Jerry Byrd
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Mona Williams
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Mona Williams
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board of Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Board of Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Board of Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Board of Directors
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/TotalBalanceDueAmt0168941
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-T for year 2013 will be mailed on 5/14/2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The credit union has members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy id provided for review by the board of directors at the monthly meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each year, the CEO reviews or updates each policy with the appropriate changes and then provide to the boad of directors to review and sign at the monthly board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Annually, the Board of Directors evaluate the CEOs performance for the year and then meet to determine compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financial statements are posted in the lobby and presented to members at the annual meeting. All other documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6All other expenses consist of association dues, charitable contribution, other professional and outside expenses, bad debt, operating fees, cash over and short, loan servicing expense, and share recovery and lost.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,820,179
Liabilities
$15,599,985
Net assets
$3,220,194
Revenue
$1,386,703
Expenses
$1,274,812
Net income
$111,891
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.1$36.6$6.50$3.13$2.84$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.4$36.1$6.36$2.66$2.15$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$29.1$5.14$2.23$1.62$0.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.5$29.9$4.53$2.09$1.70$0.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$27.3$4.13$2.09$1.83$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$23.6$3.88$2.29$1.98$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$23.7$3.57$2.29$2.75$0.46
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$23.3$4.03$2.19$1.94$0.25
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$20.4$3.79$1.90$1.60$0.30
2015Detailed filing. Detailed filing data is available for this year.$19.5$16.0$3.49$1.53$1.36$0.17
2014Detailed filing. Detailed filing data is available for this year.$18.1$14.8$3.32$1.28$1.19$0.10
2013Detailed filing. Detailed filing data is available for this year.$18.8$15.6$3.22$1.39$1.27$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$18.2$3.11$1.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$16.1$2.95$1.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$15.3$2.83$1.32