Civic Intelligence

State Chartered Credit Unions in Louisiana

990 • Fiscal year 2014 • EIN 72-0445030

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileWWW.TERMINALCU.COM
1215 Clearview ParkwayMetairie, LA 70001-3419

(504) 885-8267

Siviq Scores

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

Liabilities / Assets

51st percentile

0.87x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

24.38x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Net Margin

98th percentile

40%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

67th percentile

$81,600

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Asset Growth

39th percentile

0.8%

Faster asset growth than 39% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-13%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$18,156,069

Up $136,586 (+0.8%) from 2013

Net Assets

Up

$2,373,547

Up $235,377 (+11%) from 2013

Liabilities

Down

$15,782,522

Down $98,791 (-0.6%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin98th percentile

Revenue

Down

$647,386

Down $95,628 (-13%) from 2013

Expenses

Down

$390,891

Down $78,706 (-17%) from 2013

Net Income

Down

$256,495

Down $16,922 (-6.2%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$30M$20M$10M$0Assets 2010: $20,779,911Liabilities 2010: $19,159,911Net Assets 2010: $1,620,0002010Assets 2011: $21,068,290Liabilities 2011: $19,223,289Net Assets 2011: $1,845,0012011Assets 2012: $19,266,117Liabilities 2012: $17,364,287Net Assets 2012: $1,901,8302012Assets 2013: $18,019,483Liabilities 2013: $15,881,313Net Assets 2013: $2,138,1702013Assets 2014: $18,156,069Liabilities 2014: $15,782,522Net Assets 2014: $2,373,5472014Assets 2017: $16,710,132Liabilities 2017: $13,921,101Net Assets 2017: $2,789,0312017

Highlighted filing

2014

Assets$18,156,069
Liabilities$15,782,522
Net Assets$2,373,547
Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0Expenses 2010: $750,2572010Expenses 2011: $656,0152011Expenses 2012: $932,7402012Revenue 2013: $743,014Expenses 2013: $469,597Net Income 2013: $273,4172013Revenue 2014: $647,386Expenses 2014: $390,891Net Income 2014: $256,4952014Revenue 2017: $560,488Expenses 2017: $425,523Net Income 2017: $134,9652017

Highlighted filing

2014

Revenue$647,386
Expenses$390,891
Net Income$256,495
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$647,386
Mission and Program Overview

Mission

To provide members savings and investment options that provide maximum allowable earnings and various types of loans at low competitive rates.

To provide members savings and investment options that provide maximum allowable earnings and various types of loans at low competative rates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$9,665,162$9,069,251▼ $595,911
Other Notes and Loans Receivable, Net$7,242,200$6,679,516▼ $562,684
Rtn Earn Endowment Incm Other Fnds$2,138,170$2,373,547▲ $235,377
Investments in Publicly Traded Securities$250,000$1,150,000▲ $900,000
Cash and Non-Interest-Bearing Accounts$504,093$920,867▲ $416,774
Land, Buildings, and Equipment, Net$68,303$58,008▼ $10,295
Prepaid Expenses and Deferred Charges$18,449$16,598▼ $1,851
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$18,019,483$18,156,069▲ $136,586
Other Assets Total$271,276$261,829▼ $9,447
Liabilities
Other Liabilities$15,827,948$15,776,330▼ $51,618
Accounts Payable and Accrued Expenses$53,365$6,192▼ $47,173
Total Liabilities$15,881,313$15,782,522▼ $98,791
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,138,170$2,373,547▲ $235,377
Total Liabilities and Net Assets / Fund Balance$18,019,483$18,156,069▲ $136,586

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$50,438$57,250$107,688
Equipment$7,570$74,258$81,828
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Darlene B LockhartChief Executive OfficerFT$81,600$81,600

Board Members and Trustees

NameTitle
George E DemersPresident
Lloyd a CockranVice President
Eugene G FernizBoard Member
John K MillerBoard Member
Thomas E SnyderSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$499,707
Investment Income
$143,473
Other Revenue
$4,206
Change in Net Assets
$256,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$261,738
Salaries, Compensation, and Employee Benefits$129,153
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$143,039
Current Officers, Directors, Trustees, and Key Employees---$81,600
All Other Expenses---$27,382
Other Salaries and Wages---$26,928
Travel---$12,314
Other Employee Benefits---$12,000
Depreciation Depletion---$10,295
Office Expenses---$9,940
Payroll Taxes---$8,625
Conferences and Meetings---$7,331
Fees for Services Accounting---$7,250
Other Expenses---$6,503
Fees for Services Legal---$5,500
Fees for Service Investment Mgmnt Fees---$3,595
Occupancy---$2,797
Total Functional Expenses$0$0$0$390,891
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
MEMBERS' SHARES & SHARE EQUIVALENTS$15,776,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Line 6 explanation - the organization has members and each member has one voting right.”

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

“Line 7a explanation - members in attendance at the annual meeting had the right to nominate members from the floor to run against those candidates selected by the nominating committee. Elections were held at the annual meeting.”

Form 990, Part VI, Section B, Line 11

“Line 11a explanation - form 990 is reviewed at board meeting.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the executive director is reviewed annually. Any changes are discussed and voted on by the executive committee.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available to the public upon request. Financial statements are also made available at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
State Chartered Credit Union in La
EIN
72-0445030
Phone
5048858267
Address
1215 CLEARVIEW PARKWAY, METAIRIE, LA 70001-3419
Doing Business As
Terminal Credit Union

Signing Officer

Name
Darlene B Lockhart
Title
Chief Executive Officer
Phone
5048858267
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darlene B Lockhart
Formed
1951
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
15

Preparer

Firm
Carr Riggs & Ingram LLC
Address
3501 N CAUSEWAY BLVD STE 810, METAIRIE, LA 70002
Preparer
Jack B Kase CPA Pfs
Phone
5048379116
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 26

“Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization's tax year? If "yes", complete schedule l, part ii. At year end loans were outstanding to certain members mentioned in the above question and it would appear that the question should be answered "yes." in fact the questions has been answered "no." by the nature of the organization purpose (credit union) these loans were made on the same terms as offered to other members of the organization and are exempt for reporting.”

Raw XML Appendix321 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt053365
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06192
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MEMBERS SAVINGS AND INVESTMENT OPTIONS THAT PROVIDE MAXIMUM ALLOWABLE EARNINGS AND VARIOUS TYPES OF LOANS AT LOW COMPETATIVE RATES.
IRS990/AllOtherExpensesGrp/TotalAmt027382
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DARLENE B LOCKHART
IRS990/BooksInCareOfDetail/PhoneNum05048858267
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01215 CLEARVIEW PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0METAIRIE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070001
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0504093
IRS990/CashNonInterestBearingGrp/EOYAmt0920867
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt081600
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt07331
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0143473
IRS990/CYOtherExpensesAmt0261738
IRS990/CYOtherRevenueAmt04206
IRS990/CYProgramServiceRevenueAmt0499707
IRS990/CYRevenuesLessExpensesAmt0256495
IRS990/CYSalariesCompEmpBnftPaidAmt0129153
IRS990/CYTotalExpensesAmt0390891
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0647386
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt010295
IRS990/Desc0PROVIDED OVER 1,000 MEMBERS OF THE TERMINAL CREDIT UNION WITH AN AFFORDABLE SOURCE OF SAVINGS AND CREDIT.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0TERMINAL CREDIT UNION
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt07250
IRS990/FeesForServicesLegalGrp/TotalAmt05500
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03595
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0GEORGE E DEMERS
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS E SNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm2LLOYD A COCKRAN
IRS990/Form990PartVIISectionAGrp/PersonNm3EUGENE G FERNIZ
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN K MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm5DARLENE B LOCKHART
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt581600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0647386
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt0143039
IRS990/InvestmentIncomeGrp/ExclusionAmt0143473
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0143473
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0250000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01150000
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0131508
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068303
IRS990/LandBldgEquipBasisNetGrp/EOYAmt058008
IRS990/LandBldgEquipCostOrOtherBssAmt0189516
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MEMBERS SAVINGS AND INVESTMENT OPTIONS THAT PROVIDE MAXIMUM ALLOWABLE EARNINGS AND VARIOUS TYPES OF LOANS AT LOW COMPETATIVE RATES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02138170
IRS990/NetAssetsOrFundBalancesEOYAmt02373547
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21118
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02797
IRS990/OfficeExpensesGrp/TotalAmt09940
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0271276
IRS990/OtherAssetsTotalGrp/EOYAmt0261829
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012000
IRS990/OtherExpensesGrp/Desc0STATE OF LA EXAMINATION
IRS990/OtherExpensesGrp/Desc1BOND PREMIUM
IRS990/OtherExpensesGrp/Desc2COMPUTER EXPENSES
IRS990/OtherExpensesGrp/Desc3COLLECTION EXPENSES
IRS990/OtherExpensesGrp/TotalAmt010000
IRS990/OtherExpensesGrp/TotalAmt18861
IRS990/OtherExpensesGrp/TotalAmt26931
IRS990/OtherExpensesGrp/TotalAmt36503
IRS990/OtherLiabilitiesGrp/BOYAmt015827948
IRS990/OtherLiabilitiesGrp/EOYAmt015776330
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04206
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04206
IRS990/OtherRevenueTotalAmt04206
IRS990/OtherSalariesAndWagesGrp/TotalAmt026928
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07242200
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06679516
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt08625
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018449
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016598
IRS990/PrincipalOfficerNm0DARLENE B LOCKHART
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME FROM L
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0499707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0499707
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED OVER 1,000 MEMBERS OF THE TERMINAL CREDIT UNION WITH AN AFFORDABLE SOURCE OF SAVINGS AND CREDIT.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0165871
IRS990/PYOtherExpensesAmt0334816
IRS990/PYOtherRevenueAmt03271
IRS990/PYProgramServiceRevenueAmt0573872
IRS990/PYRevenuesLessExpensesAmt0273417
IRS990/PYSalariesCompEmpBnftPaidAmt0134781
IRS990/PYTotalExpensesAmt0469597
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0743014
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0256495
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02138170
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02373547
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09665162
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09069251
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt050438
IRS990ScheduleD/BuildingsGrp/DepreciationAmt057250
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0107688
IRS990ScheduleD/EquipmentGrp/BookValueAmt07570
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074258
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081828
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015776330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES & SHARE EQUIVALENTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt058008
IRS990ScheduleD/TotalLiabilityAmt015776330
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS AND EACH MEMBER HAS ONE VOTING RIGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 7A EXPLANATION - MEMBERS IN ATTENDANCE AT THE ANNUAL MEETING HAD THE RIGHT TO NOMINATE MEMBERS FROM THE FLOOR TO RUN AGAINST THOSE CANDIDATES SELECTED BY THE NOMINATING COMMITTEE. ELECTIONS WERE HELD AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11A EXPLANATION - FORM 990 IS REVIEWED AT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY. ANY CHANGES ARE DISCUSSED AND VOTED ON BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WAS A LOAN TO OR BY A CURRENT OR FORMER OFFICER, DIRECTOR, TRUSTEE, KEY EMPLOYEE, HIGHLY COMPENSATED EMPLOYEE, OR DISQUALIFIED PERSON OUTSTANDING AS OF THE END OF THE ORGANIZATION'S TAX YEAR? IF "YES", COMPLETE SCHEDULE L, PART II. AT YEAR END LOANS WERE OUTSTANDING TO CERTAIN MEMBERS MENTIONED IN THE ABOVE QUESTION AND IT WOULD APPEAR THAT THE QUESTION SHOULD BE ANSWERED "YES." IN FACT THE QUESTIONS HAS BEEN ANSWERED "NO." BY THE NATURE OF THE ORGANIZATION PURPOSE (CREDIT UNION) THESE LOANS WERE MADE ON THE SAME TERMS AS OFFERED TO OTHER MEMBERS OF THE ORGANIZATION AND ARE EXEMPT FOR REPORTING.
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 B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IV, LINE 26
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018019483
IRS990/TotalAssetsEOYAmt018156069
IRS990/TotalAssetsGrp/BOYAmt018019483
IRS990/TotalAssetsGrp/EOYAmt018156069
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0390891
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015881313
IRS990/TotalLiabilitiesEOYAmt015782522
IRS990/TotalLiabilitiesGrp/BOYAmt015881313
IRS990/TotalLiabilitiesGrp/EOYAmt015782522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02138170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02373547
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0499707
IRS990/TotalReportableCompFromOrgAmt081600
IRS990/TotalRevenueGrp/ExclusionAmt0143473
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0503913
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0647386
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018019483
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018156069
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt012314
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01215 CLEARVIEW PARKWAY
IRS990/USAddress/CityNm0METAIRIE
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd0700013419
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TERMINALCU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DARLENE B LOCKHART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05048858267
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STATE CHARTERED CREDIT UNION IN LA
ReturnHeader/Filer/BusinessNameControlTxt0STAT
ReturnHeader/Filer/EIN0720445030
ReturnHeader/Filer/PhoneNum05048858267
ReturnHeader/Filer/USAddress/AddressLine1Txt01215 CLEARVIEW PARKWAY
ReturnHeader/Filer/USAddress/CityNm0METAIRIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd0700013419
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03501 N CAUSEWAY BLVD STE 810
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070002
ReturnHeader/PreparerPersonGrp/PhoneNum05048379116
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK B KASE CPA PFS
ReturnHeader/ReturnTs02015-11-16T12:48:37-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,156,069
Liabilities
$15,782,522
Net assets
$2,373,547
Revenue
$647,386
Expenses
$390,891
Net income
$256,495
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$16.7$13.9$2.79$0.56$0.43$0.13
2014Detailed filing. Detailed filing data is available for this year.$18.2$15.8$2.37$0.65$0.39$0.26
2013Detailed filing. Detailed filing data is available for this year.$18.0$15.9$2.14$0.74$0.47$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$17.4$1.90$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$19.2$1.85$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$19.2$1.62$0.75