Civic Intelligence

Mobile Educators Credit Union

990 • Fiscal year 2011 • EIN 63-0458217

Jan 01, 2011 to Dec 31, 2011 • Filed on Oct 25, 2012

3150 Airport Boulevard36606
Siviq Scores

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

Liabilities / Assets

60th percentile

0.90x

Higher debt load relative to assets than 60% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

22nd percentile

1.6%

Faster asset growth than 22% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$69,368,152

Up $1,061,519 (+1.6%) from 2010

Net Assets

Up

$6,788,890

Up $91,893 (+1.4%) from 2010

Liabilities

Up

$62,579,262

Up $969,626 (+1.6%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$3,476,308

Down $173,599 (-4.8%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $68,306,633Liabilities 2010: $61,609,636Net Assets 2010: $6,696,9972010Assets 2011: $69,368,152Liabilities 2011: $62,579,262Net Assets 2011: $6,788,8902011Assets 2012: $71,707,330Liabilities 2012: $64,620,119Net Assets 2012: $7,087,2112012Assets 2013: $74,604,957Liabilities 2013: $67,419,939Net Assets 2013: $7,185,0182013Assets 2014: $76,108,524Liabilities 2014: $68,567,752Net Assets 2014: $7,540,7722014Assets 2015: $76,786,541Liabilities 2015: $69,135,847Net Assets 2015: $7,650,6942015Assets 2016: $79,469,316Liabilities 2016: $71,510,966Net Assets 2016: $7,958,3502016Assets 2017: $82,941,835Liabilities 2017: $74,695,055Net Assets 2017: $8,246,7802017Assets 2018: $85,519,865Liabilities 2018: $76,776,773Net Assets 2018: $8,743,0922018Assets 2019: $86,399,583Liabilities 2019: $76,737,060Net Assets 2019: $9,662,5232019Assets 2020: $99,931,032Liabilities 2020: $89,686,227Net Assets 2020: $10,244,8052020Assets 2021: $110,627,739Liabilities 2021: $100,271,572Net Assets 2021: $10,356,1672021Assets 2022: $110,433,262Liabilities 2022: $100,223,991Net Assets 2022: $10,209,2712022Assets 2023: $108,395,286Liabilities 2023: $97,237,341Net Assets 2023: $11,157,9452023Assets 2024: $109,107,642Liabilities 2024: $96,897,537Net Assets 2024: $12,210,1052024

Highlighted filing

2011

Assets$69,368,152
Liabilities$62,579,262
Net Assets$6,788,890

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $3,649,9072010Expenses 2011: $3,476,3082011Revenue 2012: $3,421,795Expenses 2012: $3,160,863Net Income 2012: $260,9322012Revenue 2013: $3,144,398Expenses 2013: $2,922,291Net Income 2013: $222,1072013Revenue 2014: $3,040,637Expenses 2014: $2,743,999Net Income 2014: $296,6382014Revenue 2015: $2,992,719Expenses 2015: $2,777,346Net Income 2015: $215,3732015Revenue 2016: $3,053,432Expenses 2016: $2,670,236Net Income 2016: $383,1962016Revenue 2017: $3,029,435Expenses 2017: $2,673,153Net Income 2017: $356,2822017Revenue 2018: $3,248,656Expenses 2018: $2,594,334Net Income 2018: $654,3222018Revenue 2019: $3,389,236Expenses 2019: $2,673,409Net Income 2019: $715,8272019Revenue 2020: $2,955,649Expenses 2020: $2,571,472Net Income 2020: $384,1772020Revenue 2021: $2,821,272Expenses 2021: $2,606,372Net Income 2021: $214,9002021Revenue 2022: $3,200,193Expenses 2022: $2,671,617Net Income 2022: $528,5762022Revenue 2023: $4,091,498Expenses 2023: $3,174,368Net Income 2023: $917,1302023Revenue 2024: $4,385,271Expenses 2024: $3,464,260Net Income 2024: $921,0112024

Highlighted filing

2011

Revenue-
Expenses$3,476,308
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Oct 25, 2012
Return Version
2011v1.2
Gross Receipts
$3,554,156
Mission and Program Overview

Mission

The credit union's mission is to promote thrift among its members and create a source of credit for them at fair and reasonable rates of interest.

Major Activities

Activity 2
To meet the financial needs of our members, the credit union provides a source of credit by offering a variety of consumer and mortgage lending products at reasonable rates of interest.
Filing and Contact Details

Filer

EIN
63-0458217
Raw XML Appendix386 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/Activity2/Description0TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, THE CREDIT UNION PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER AND MORTGAGE LENDING PRODUCTS AT REASONABLE RATES OF INTEREST.
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IRS990/MissionDescription0THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. THE CREDIT UNION SERVES MEMBERS IN THE MOBILE, ALABAMA AREA. THE TOTAL NUMBER OF MEMBERS IS IN EXCESS OF 13,000.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0IN 2009, THE FORMER PRESIDENT/CEO, CARL DARRYL HASKEW, WAS PROVIDED A SEVERANCE PACKAGE EQUAL TO 75% OF HIS CURRENT SALARY AND FULL HEALTH INSURANCE PREMIUMS PAYABLE EACH MONTH BEGINNING JANUARY 2010 UNTIL HE REACHED THE AGE OF 62 IN FEBRUARY 2011. IN 2011, THESE PAYMENTS WERE $7,732 IN OTHER REPORTABLE COMPENSATION AND $1,036 IN HEALTH INSURANCE PREMIUMS.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE CREDIT UNION IS OWNED BY ITS MEMBERSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation1THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. THE DIRECTOR'S TERMS ARE THREE YEARS WITH STAGGERED TERMS. THE BOARD OF DIRECTORS APPOINT A NOMINATING COMMITTEE. MEMBERS MAY PETITION TO BE PLACED ON THE BALLOT. THE ELECTION OCCURS AT THE ANNUAL MEETING. THE CREDIT UNION DOES NOT MAIL BALLOTS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE PRESIDENT/CEO REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation3A PERSONNEL COMMITTEE MADE UP OF BOARD MEMBERS PERFORMS THE EVALUATION OF THE PRESIDENT/CEO. THE COMMITTEE USES THE SOUTHEASTERN CREDIT UNION SALARY SURVEY AND BANKING SURVEY TO SET THE PRESIDENT/CEO'S SALARY. THE PRESIDENT/CEO PERFORMS THE EVALUATION OF KEY EMPLOYEES AND SETS THE SALARY FOR THE BUDGET.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CREDIT UNION'S FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBIES OF EACH OF ITS BRANCHES. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WOULD BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5NET UNREALIZED GAINS ON INVESTMENTS: 14,045.
IRS990ScheduleO/GeneralExplanation/Explanation6THE CREDIT UNION'S MOST RECENT AUDITED FINANCIALS AS OF DECEMBER 31, 2011, WERE FOR THE YEAR ENDED JUNE 30, 2011.
IRS990ScheduleO/GeneralExplanation/Explanation7THE CREDIT UNION HAS A SUPERVISORY COMITTEE CONSISTING OF THREE MEMBER VOLUNTEERS WHO OVERSEE THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
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IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
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IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2(B)
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IRS990/Travel/Total09125
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0WWW.YOURMECU.COM
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01954
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0630458217
ReturnHeader/Filer/Name/BusinessNameLine10MOBILE EDUCATORS CREDIT UNION
ReturnHeader/Filer/NameControl0MOBI
ReturnHeader/Filer/Phone02514734712
ReturnHeader/Filer/USAddress/AddressLine103150 AIRPORT BOULEVARD
ReturnHeader/Filer/USAddress/City0MOBILE
ReturnHeader/Filer/USAddress/State0AL
ReturnHeader/Filer/USAddress/ZIPCode036606
ReturnHeader/Officer/DateSigned02012-10-25
ReturnHeader/Officer/Name0TINA B WILLIAMS
ReturnHeader/Officer/Phone02514734712
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02012-10-25
ReturnHeader/PreparerFirm/EIN0593262654
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10HUTTO & CARVER PA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10200 E GOVERNMENT ST STE 110
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0PENSACOLA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode032502
ReturnHeader/Preparer/Name0HAROLD S HUTTO JR CPA
ReturnHeader/Preparer/Phone08504385299
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-11-07T14:20:24-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$109$96.9$12.2$4.39$3.46$0.92
2023Detailed filing. Detailed filing data is available for this year.$108$97.2$11.2$4.09$3.17$0.92
2022Detailed filing. Detailed filing data is available for this year.$110$100$10.2$3.20$2.67$0.53
2021Detailed filing. Detailed filing data is available for this year.$111$100$10.4$2.82$2.61$0.21
2020Detailed filing. Detailed filing data is available for this year.$99.9$89.7$10.2$2.96$2.57$0.38
2019Detailed filing. Detailed filing data is available for this year.$86.4$76.7$9.66$3.39$2.67$0.72
2018Detailed filing. Detailed filing data is available for this year.$85.5$76.8$8.74$3.25$2.59$0.65
2017Detailed filing. Detailed filing data is available for this year.$82.9$74.7$8.25$3.03$2.67$0.36
2016Detailed filing. Detailed filing data is available for this year.$79.5$71.5$7.96$3.05$2.67$0.38
2015Detailed filing. Detailed filing data is available for this year.$76.8$69.1$7.65$2.99$2.78$0.22
2014Detailed filing. Detailed filing data is available for this year.$76.1$68.6$7.54$3.04$2.74$0.30
2013Detailed filing. Detailed filing data is available for this year.$74.6$67.4$7.19$3.14$2.92$0.22
2012Summary only. Only limited summary data is available for this year.$71.7$64.6$7.09$3.42$3.16$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.4$62.6$6.79$3.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.3$61.6$6.70$3.65