Civic Intelligence

Valley Credit Union

990 • Fiscal year 2015 • EIN 63-0421601

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 22, 2016

Organization ProfileWWW.VALLEYCREDITUNION.NET

View Organization Page

P O Box 388Tuscumbia, AL 35674

(256) 381-4800

Siviq Scores

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

Liabilities / Assets

16th percentile

0.83x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

19.74x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$191,787

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

62nd percentile

5.7%

Faster asset growth than 62% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

29th percentile

-1.4%

Faster revenue growth than 29% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$68,868,816

Up $3,713,478 (+5.7%) from 2014

Net Assets

Up

$11,431,654

Up $335,912 (+3.0%) from 2014

Liabilities

Up

$57,437,162

Up $3,377,566 (+6.2%) from 2014

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin60th percentile

Revenue

Down

$2,909,819

Down $40,463 (-1.4%) from 2014

Expenses

Up

$2,583,177

Up $3,445 (+0.1%) from 2014

Net Income

Down

$326,642

Down $43,908 (-12%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$150M$100M$50M$0Assets 2010: $58,809,220Liabilities 2010: $49,675,034Net Assets 2010: $9,134,1862010Assets 2011: $60,478,506Liabilities 2011: $50,810,034Net Assets 2011: $9,668,4722011Assets 2012: $62,845,931Liabilities 2012: $52,443,469Net Assets 2012: $10,402,4622012Assets 2013: $63,233,261Liabilities 2013: $52,517,706Net Assets 2013: $10,715,5552013Assets 2014: $65,155,338Liabilities 2014: $54,059,596Net Assets 2014: $11,095,7422014Assets 2015: $68,868,816Liabilities 2015: $57,437,162Net Assets 2015: $11,431,6542015Assets 2016: $70,756,163Liabilities 2016: $59,176,441Net Assets 2016: $11,579,7222016Assets 2017: $69,690,154Liabilities 2017: $57,782,138Net Assets 2017: $11,908,0162017Assets 2018: $71,773,776Liabilities 2018: $59,679,548Net Assets 2018: $12,094,2282018Assets 2019: $76,954,948Liabilities 2019: $63,948,671Net Assets 2019: $13,006,2772019Assets 2020: $85,610,701Liabilities 2020: $72,055,865Net Assets 2020: $13,554,8362020Assets 2021: $94,382,507Liabilities 2021: $80,878,303Net Assets 2021: $13,504,2042021Assets 2022: $96,274,453Liabilities 2022: $85,097,250Net Assets 2022: $11,177,2032022Assets 2023: $102,030,791Liabilities 2023: $89,955,000Net Assets 2023: $12,075,7912023Assets 2024: $103,235,318Liabilities 2024: $90,802,313Net Assets 2024: $12,433,0052024

Highlighted filing

2015

Assets$68,868,816
Liabilities$57,437,162
Net Assets$11,431,654
Open 2015 Filing

Operations Trend

Revenue Growth29th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,523,3532010Expenses 2011: $2,521,1982011Expenses 2012: $2,411,7272012Revenue 2013: $2,927,980Expenses 2013: $2,427,929Net Income 2013: $500,0512013Revenue 2014: $2,950,282Expenses 2014: $2,579,732Net Income 2014: $370,5502014Revenue 2015: $2,909,819Expenses 2015: $2,583,177Net Income 2015: $326,6422015Revenue 2016: $2,908,834Expenses 2016: $2,749,867Net Income 2016: $158,9672016Revenue 2017: $3,080,767Expenses 2017: $2,730,277Net Income 2017: $350,4902017Revenue 2018: $3,165,194Expenses 2018: $2,850,364Net Income 2018: $314,8302018Revenue 2019: $3,217,191Expenses 2019: $2,934,793Net Income 2019: $282,3982019Revenue 2020: $3,029,403Expenses 2020: $2,838,207Net Income 2020: $191,1962020Revenue 2021: $3,024,216Expenses 2021: $2,614,213Net Income 2021: $410,0032021Revenue 2022: $3,328,227Expenses 2022: $2,821,472Net Income 2022: $506,7552022Revenue 2023: $4,170,298Expenses 2023: $3,878,663Net Income 2023: $291,6352023Revenue 2024: $4,861,176Expenses 2024: $4,421,347Net Income 2024: $439,8292024

Highlighted filing

2015

Revenue$2,909,819
Expenses$2,583,177
Net Income$326,642
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 22, 2016
Return Version
2015v2.1
Gross Receipts
$2,909,819
Mission and Program Overview

Mission

Credit union - to provide services to approximately 6,032 members in the form of loans, savings, and other financial services.

Credit union - to provide financial services for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$38,038,334--
Accounts Receivable$6,892$28,625,104▲ $28,618,212
Investments Other Securities-$20,686,347-
Cash and Non-Interest-Bearing Accounts$1,012,342$8,487,863▲ $7,475,521
Cap Stk Tr Prin Current Funds-$7,126,894-
Savings and Temporary Cash Investments$21,953,071$6,637,606▼ $15,315,465
Rtn Earn Endowment Incm Other Fnds$11,095,742$4,304,760▼ $6,790,982
Land, Buildings, and Equipment, Net$2,470,971$2,352,203▼ $118,768
Prepaid Expenses and Deferred Charges$63,598$206,585▲ $142,987
Investments Program Related$100,000--
Total Assets$65,155,338$68,868,816▲ $3,713,478
Other Assets Total$1,510,130$1,873,108▲ $362,978
Liabilities
Other Liabilities$53,923,422$57,271,907▲ $3,348,485
Accounts Payable and Accrued Expenses$136,174$165,255▲ $29,081
Total Liabilities$54,059,596$57,437,162▲ $3,377,566
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,095,742$11,431,654▲ $335,912
Total Liabilities and Net Assets / Fund Balance$65,155,338$68,868,816▲ $3,713,478

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,259,315$616,395$1,875,710
Equipment$227,220$969,305$1,196,525
Land$737,688-$737,688
Leasehold Improvements$122,927$180,603$303,530
Other Land Buildings$5,053$49,304$54,357
Other Securities$161,000--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hillard SparksCEOFT$152,964$38,823$191,787

Board Members and Trustees

NameTitle
Dr John LandersChairman
Royce MasseyVice-chairma
Doug WorleyBoard Member
Dr Richard GardnerBoard Member
Dr Robert ClemmonsBoard Member
Lionel D IsbellBoard Member
Martha BowlesBoard Member
Otis JohnsonBoard Member
Dr Humphrey LeeSupervisory
Marvin DailySupervisory
Robert MullenSupervisory
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,495,446
Investment Income
$372,526
Other Revenue
$41,847
Change in Net Assets
$326,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,460,780
Salaries, Compensation, and Employee Benefits$1,122,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$910,833-$910,833
Office Expenses-$281,543-$281,543
Interest-$225,943-$225,943
Occupancy-$190,464-$190,464
Pension Plan Contributions-$88,962-$88,962
Other Expenses-$70,332-$70,332
Payroll Taxes-$70,046-$70,046
All Other Expenses-$63,726-$63,726
Other Employee Benefits-$52,556-$52,556
Conferences and Meetings-$36,524-$36,524
Total Functional Expenses$0$2,583,177$0$2,583,177
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
All Other Shares$27,468,821
Regular Shares$19,532,971
Share Drafts$10,270,115
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The credit union is owned by the members.”

Form 990, Page 6, Part VI, Line 7A

“The board of directros 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, Page 6, Part VI, Line 7B

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

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the ceo before it is filed. The form 990 is available for review by the board of directors upon request.”

Form 990, Page 6, Part VI, Line 12C

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

Form 990, Page 6, Part VI, Line 15A

“Compensation committee, written contract, compensation survey or study approved by the board or compensation committee.”

Form 990, Page 6, Part VI, 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
Valley Credit Union
EIN
63-0421601
Phone
2563814800
Address
P O BOX 388, TUSCUMBIA, AL 35674

Signing Officer

Name
Hillard Sparks
Title
CEO
Phone
2563814800
Signed
2016-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hillard Sparks
Formed
1956
Legal Domicile
Al
Voting Board Members
9
Independent Board Members
9
Employees
35
Volunteers
11

Preparer

Firm
Leverage the Lscu Service Corporation
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Keith T Mcmurtrie
Phone
8505581102
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Hours of service are related to duties of the board of directors and supervisory committee without compensation.”

Raw XML AppendixShowing 400 of 410 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/TotalRevenueColumnAmt126614
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-13196
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt028429
IRS990/OtherRevenueTotalAmt041847
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0910833
IRS990/OtherSalariesAndWagesGrp/TotalAmt0910833
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt038038334
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt070046
IRS990/PayrollTaxesGrp/TotalAmt070046
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt088962
IRS990/PensionPlanContributionsGrp/TotalAmt088962
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063598
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0206585
IRS990/PrincipalOfficerNm0HILLARD SPARKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01856874
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1638572
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01856874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1638572
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0225943
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0273718
IRS990/PYOtherExpensesAmt01465210
IRS990/PYOtherRevenueAmt0738323
IRS990/PYProgramServiceRevenueAmt01938241
IRS990/PYRevenuesLessExpensesAmt0370550
IRS990/PYSalariesCompEmpBnftPaidAmt01114522
IRS990/PYTotalExpensesAmt02579732
IRS990/PYTotalRevenueAmt02950282
IRS990/ReconcilationRevenueExpnssAmt0326642
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011095742
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04304760
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021953071
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06637606
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01259315
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0616395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01875710
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0969305
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01196525
IRS990ScheduleD/LandGrp/BookValueAmt0737688
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0737688
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0122927
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0180603
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0303530
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05053
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049304
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054357
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027468821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119532971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210270115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt020525347
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1161000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PAID IN CAPITAL-ACCU
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02352203
IRS990ScheduleD/TotalBookValueSecuritiesAmt020686347
IRS990ScheduleD/TotalLiabilityAmt057271907
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0152964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount05883
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt032940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HILLARD SPARKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0191787
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION IS OWNED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTROS 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/ExplanationTxt3SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE CEO BEFORE IT IS FILED. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION COMMITTEE, WRITTEN CONTRACT, COMPENSATION SURVEY OR STUDY APPROVED BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt065155338
IRS990/TotalAssetsEOYAmt068868816
IRS990/TotalAssetsGrp/BOYAmt065155338
IRS990/TotalAssetsGrp/EOYAmt068868816
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02583177
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02583177
IRS990/TotalGrossUBIAmt028429
IRS990/TotalLiabilitiesBOYAmt054059596
IRS990/TotalLiabilitiesEOYAmt057437162
IRS990/TotalLiabilitiesGrp/BOYAmt054059596
IRS990/TotalLiabilitiesGrp/EOYAmt057437162
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011095742
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011431654
IRS990/TotalOtherCompensationAmt032940
IRS990/TotalProgramServiceExpensesAmt02583177
IRS990/TotalProgramServiceRevenueAmt02495446
IRS990/TotalReportableCompFromOrgAmt0158847
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02881390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02909819
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt028429
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065155338
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt068868816
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 N MAIN STREET
IRS990/USAddress/CityNm0TUSCUMBIA
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035674
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.VALLEYCREDITUNION.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HILLARD SPARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02563814800
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0630421601
ReturnHeader/Filer/PhoneNum02563814800
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 388
ReturnHeader/Filer/USAddress/CityNm0TUSCUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035674
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591086132
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEVERAGE THE LSCU SERVICE CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03692 COOLIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$68,868,816
Liabilities
$57,437,162
Net assets
$11,431,654
Revenue
$2,909,819
Expenses
$2,583,177
Net income
$326,642
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$103$90.8$12.4$4.86$4.42$0.44
2023Detailed filing. Detailed filing data is available for this year.$102$90.0$12.1$4.17$3.88$0.29
2022Detailed filing. Detailed filing data is available for this year.$96.3$85.1$11.2$3.33$2.82$0.51
2021Detailed filing. Detailed filing data is available for this year.$94.4$80.9$13.5$3.02$2.61$0.41
2020Detailed filing. Detailed filing data is available for this year.$85.6$72.1$13.6$3.03$2.84$0.19
2019Detailed filing. Detailed filing data is available for this year.$77.0$63.9$13.0$3.22$2.93$0.28
2018Detailed filing. Detailed filing data is available for this year.$71.8$59.7$12.1$3.17$2.85$0.31
2017Detailed filing. Detailed filing data is available for this year.$69.7$57.8$11.9$3.08$2.73$0.35
2016Detailed filing. Detailed filing data is available for this year.$70.8$59.2$11.6$2.91$2.75$0.16
2015Detailed filing. Detailed filing data is available for this year.$68.9$57.4$11.4$2.91$2.58$0.33
2014Detailed filing. Detailed filing data is available for this year.$65.2$54.1$11.1$2.95$2.58$0.37
2013Detailed filing. Detailed filing data is available for this year.$63.2$52.5$10.7$2.93$2.43$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$52.4$10.4$2.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.5$50.8$9.67$2.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.8$49.7$9.13$2.52