Civic Intelligence

Tangipahoa Parish Teachers' Credit Union

990 • Fiscal year 2013 • EIN 72-0500278

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 31, 2014

Organization Profilewww.tangiteachers.com
PO Box 42770422

(985) 748-5132

Siviq Scores

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

Liabilities / Assets

9th percentile

0.70x

Higher debt load relative to assets than 9% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

31.40x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

20th percentile

-0.4%

Higher net margin than 20% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

15th percentile

$61,539

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

48th percentile

1.8%

Faster asset growth than 48% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M 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 / Assets9th percentile

Assets

Up

$31,108,349

Up $555,752 (+1.8%) from 2012

Net Assets

Up

$9,197,266

Up $69,709 (+0.8%) from 2012

Liabilities

Up

$21,911,083

Up $486,043 (+2.3%) from 2012

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin20th percentile

Revenue

$697,890

No earlier filing loaded for comparison.

Expenses

Down

$700,919

Down $54,790 (-7.3%) from 2012

Net Income

-$3,029

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$40M$30M$20M$10M$0Assets 2010: $29,937,056Liabilities 2010: $20,910,504Net Assets 2010: $9,026,5522010Assets 2011: $30,370,290Liabilities 2011: $21,228,914Net Assets 2011: $9,141,3762011Assets 2012: $30,552,597Liabilities 2012: $21,425,040Net Assets 2012: $9,127,5572012Assets 2013: $31,108,349Liabilities 2013: $21,911,083Net Assets 2013: $9,197,2662013Assets 2014: $31,134,759Liabilities 2014: $21,871,540Net Assets 2014: $9,263,2192014Assets 2015: $31,117,752Liabilities 2015: $21,753,744Net Assets 2015: $9,364,0082015Assets 2016: $31,165,695Liabilities 2016: $21,680,864Net Assets 2016: $9,484,8312016Assets 2017: $30,180,505Liabilities 2017: $20,526,443Net Assets 2017: $9,654,0622017Assets 2018: $29,238,538Liabilities 2018: $19,360,633Net Assets 2018: $9,877,9052018Assets 2019: $29,505,657Liabilities 2019: $19,314,279Net Assets 2019: $10,191,3782019Assets 2020: $30,794,655Liabilities 2020: $20,281,588Net Assets 2020: $10,513,0672020Assets 2021: $32,133,060Liabilities 2021: $21,340,233Net Assets 2021: $10,792,8272021Assets 2022: $31,455,692Liabilities 2022: $20,487,649Net Assets 2022: $10,968,0432022Assets 2023: $30,224,409Liabilities 2023: $19,174,896Net Assets 2023: $11,049,5132023Assets 2024: $30,358,288Liabilities 2024: $19,122,692Net Assets 2024: $11,235,5962024

Highlighted filing

2013

Assets$31,108,349
Liabilities$21,911,083
Net Assets$9,197,266
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $988,8262010Expenses 2011: $858,0342011Expenses 2012: $755,7092012Revenue 2013: $697,890Expenses 2013: $700,919Net Income 2013: -$3,0292013Revenue 2014: $721,472Expenses 2014: $655,519Net Income 2014: $65,9532014Revenue 2015: $748,999Expenses 2015: $648,210Net Income 2015: $100,7892015Revenue 2016: $777,058Expenses 2016: $656,235Net Income 2016: $120,8232016Revenue 2017: $847,859Expenses 2017: $678,111Net Income 2017: $169,7482017Revenue 2018: $964,113Expenses 2018: $740,270Net Income 2018: $223,8432018Revenue 2019: $976,165Expenses 2019: $662,692Net Income 2019: $313,4732019Revenue 2020: $1,025,605Expenses 2020: $703,917Net Income 2020: $321,6882020Revenue 2021: $965,890Expenses 2021: $686,130Net Income 2021: $279,7602021Revenue 2022: $882,450Expenses 2022: $707,234Net Income 2022: $175,2162022Revenue 2023: $983,118Expenses 2023: $901,648Net Income 2023: $81,4702023Revenue 2024: $1,160,103Expenses 2024: $974,020Net Income 2024: $186,0832024

Highlighted filing

2013

Revenue$697,890
Expenses$700,919
Net Income-$3,029
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 31, 2014
Return Version
2013v3.0
Gross Receipts
$697,890
Mission and Program Overview

Mission

To provide a safe place for members to save money and to borrow funds.

Thrift and loans

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$21,933,613$22,154,943▲ $221,330
Rtn Earn Endowment Incm Other Fnds$9,127,557$9,197,266▲ $69,709
Accounts Receivable$7,986,202$8,405,668▲ $419,466
Land, Buildings, and Equipment, Net$187,448$182,531▼ $4,917
Cash and Non-Interest-Bearing Accounts$239,706$172,687▼ $67,019
Receivables From Officers Etc$148,593$133,170▼ $15,423
Prepaid Expenses and Deferred Charges$9,728$9,984▲ $256
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$30,552,597$31,108,349▲ $555,752
Other Assets Total$47,307$49,366▲ $2,059
Liabilities
Other Liabilities$21,413,331$21,897,330▲ $483,999
Accounts Payable and Accrued Expenses$11,709$13,753▲ $2,044
Total Liabilities$21,425,040$21,911,083▲ $486,043
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,127,557$9,197,266▲ $69,709
Total Liabilities and Net Assets / Fund Balance$30,552,597$31,108,349▲ $555,752

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,476,943--
Buildings$38,375$309,518$0
Other Land Buildings$91$1,709$0
Land$80,597-$0
Equipment$60,913$234,615$0
Leasehold Improvements$2,555$33,931$0
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Cooper ForshagOffice ManagerFT$61,539$61,539
Thomas BellaviaPresidentPT$2,550$2,550

Board Members and Trustees

NameTitle
Louis JosephBoard Member
Paul WayneBoard Member
Steve OursoBoard Member
Virgil AllenBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$569,847
Investment Income
$128,043
Other Revenue
$0
Change in Net Assets
$-3,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$697,890
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$697,890
Total Revenue per Form 990
$697,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,534
Salaries, Compensation, and Employee Benefits$282,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$178,645
Occupancy---$122,603
Interest---$94,154
Insurance---$85,771
Current Officers, Directors, Trustees, and Key Employees---$64,090
Fees for Services Accounting---$35,104
Depreciation Depletion---$34,995
Payroll Taxes---$19,078
Pension Plan Contributions---$11,028
Other Employee Benefits---$9,544
Advertising---$3,720
Other Expenses---$2,984
Travel---$1,307
Total Functional Expenses$0$0$0$700,919

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$700,919
Total Expenses per Audited Statements$700,919
Total Expenses per Form 990$700,919
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
Receivables from Officers, Directors, Trustees, and Key Employees$148,593$133,170▼ $15,423
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
member deposits$21,897,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
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

“The Credit Union has 3,848 members or shareholders. Each one is allowed to vote at the annual shareholder's meeting.”

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

“The credit union has 3,848 members or shareholders who are allowed one vote at the annual shareholder's meeting.”

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

“The governing body did not review this form 990 before filing.”

Form 990, Part VI, Section B, Line 15

“Salaries are reviewed on a yearly basis by the board of directors and compared to other credit unions in our area.”

Form 990, Part VI, Section C, Line 19

“Financial statements are on display in the CU lobby within 7 days of month end. Policy is available during normal business hours in the credit union offices.”

Filing and Contact Details

Filer

EIN
72-0500278
Phone
9857485132

Signing Officer

Name
Cooper Forshag
Title
Manager
Phone
9857485132
Signed
2014-07-31

Organization Details

Principal Officer
Thomas Bellavia
Formed
1946
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
3
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Tangipahoa Parish Teachers' Credit Union completed a merger with Little Chapappeela Credit Union on August 1, 2013. This amount represents the total regular reserves and undivided earnings transferred during the merger.”

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/ProgSrvcAccomActy2Grp/Desc0To provide a low cost insurance product to those members who opt to purchase the disability or life insurance policy. These products will make loan payments in the event of the members' disability or death. The member has an option to purchase a policy that will cover a deficiency of insurance settlement vs. loan balance. Accomplishments: GAP policies sold in 2013 were 32. Revenue was $4485. Revenue was from disability policies sold in 2013 was $4025.
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0685965
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09127557
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09197266
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt038375
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0309518
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0347893
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt060913
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0234615
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0295528
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0700919
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt019678000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12476943
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0certificates of deposit
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1corporate credit union deposits
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt080597
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt080597
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02555
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033931
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt036486
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt091
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01709
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01800
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021897330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0member deposits
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0697890
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0182531
IRS990ScheduleD/TotalBookValueProgramRltdAmt022154943
IRS990ScheduleD/TotalExpensesPerForm990Amt0700919
IRS990ScheduleD/TotalLiabilityAmt021897330
IRS990ScheduleD/TotalRevenuePerForm990Amt0697890
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0697890
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0700919
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013034
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt15696
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt216356
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt33157
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt414407
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt51522
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt638702
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt716857
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt823439
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd81
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd70
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd80
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3atv
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4real estate
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt025063
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt117528
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt225698
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt326359
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt420297
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt58580
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt650000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt720000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt833015
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Thomas Bellavia
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Louis Joseph
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Mark Kolwe
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Mark Kolwe
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4Stephen Ourso
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5Stephen Ourso
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6Cooper Forshag
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7Cooper Forshag
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm8John Simmons
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board president
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6Manager
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7Manager
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt8supervisory committee member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd81
IRS990ScheduleL/TotalBalanceDueAmt0133170
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union has 3,848 members or shareholders. Each one is allowed to vote at the annual shareholder's meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The credit union has 3,848 members or shareholders who are allowed one vote at the annual shareholder's meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing body did not review this form 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salaries are reviewed on a yearly basis by the board of directors and compared to other credit unions in our area.

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$31,108,349
Liabilities
$21,911,083
Net assets
$9,197,266
Revenue
$697,890
Expenses
$700,919
Net income
-$3,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.4$19.1$11.2$1.16$0.97$0.19
2023Detailed filing. Detailed filing data is available for this year.$30.2$19.2$11.0$0.98$0.90$0.08
2022Detailed filing. Detailed filing data is available for this year.$31.5$20.5$11.0$0.88$0.71$0.18
2021Detailed filing. Detailed filing data is available for this year.$32.1$21.3$10.8$0.97$0.69$0.28
2020Detailed filing. Detailed filing data is available for this year.$30.8$20.3$10.5$1.03$0.70$0.32
2019Detailed filing. Detailed filing data is available for this year.$29.5$19.3$10.2$0.98$0.66$0.31
2018Detailed filing. Detailed filing data is available for this year.$29.2$19.4$9.88$0.96$0.74$0.22
2017Detailed filing. Detailed filing data is available for this year.$30.2$20.5$9.65$0.85$0.68$0.17
2016Detailed filing. Detailed filing data is available for this year.$31.2$21.7$9.48$0.78$0.66$0.12
2015Detailed filing. Detailed filing data is available for this year.$31.1$21.8$9.36$0.75$0.65$0.10
2014Detailed filing. Detailed filing data is available for this year.$31.1$21.9$9.26$0.72$0.66$0.07
2013Detailed filing. Detailed filing data is available for this year.$31.1$21.9$9.20$0.70$0.70$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$21.4$9.13$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$21.2$9.14$0.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$20.9$9.03$0.99