Civic Intelligence

State Chartered Credit Unions in Louisiana

EIN 72-0828054 • 501(c)14 • Gonzales, LA

View Organization Page

Profile

We provide financial products (savings & loans) & low cost services, with low opening & minimum balance requirements, competitive rates and with low or no fees. We make small loans ($200). Loans are simple interest with no prepayment penalty. We have hardship loans for those with bad credit. Our Credit Builder loan helps rebuild credit. We offer $300 in overdraft protection on checking accounts with up to 30 days to repay. We have payday type loans to help those who have expenses to pay before payday. We join other credit unions in the Shared Branching network to offer convenient locations.

PO Box 248Gonzales, LA 70707-0248

www.ascensioncu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.89x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

11.51x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

21st percentile

4.8%

Higher net margin than 21% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$148,144

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

15th percentile

-2.4%

Faster asset growth than 15% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

14%

Faster revenue growth than 54% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$101,168,494

Down $2,475,241 (-2.4%) from 2023

Liabilities

Down

$89,589,735

Down $2,845,681 (-3.1%) from 2023

Net Assets

Up

$11,578,759

Up $370,440 (+3.3%) from 2023

Operations
Liabilities / Revenue15th percentileNet Margin21st percentile

Revenue

Up

$7,784,631

Up $964,191 (+14%) from 2023

Expenses

Up

$7,413,590

Up $1,060,960 (+17%) from 2023

Net Income

Down

$371,041

Down $96,769 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $51,240,455Liabilities 2010: $45,579,853Net Assets 2010: $5,660,6022010Assets 2011: $53,262,070Liabilities 2011: $47,399,597Net Assets 2011: $5,862,4732011Assets 2012: $56,796,552Liabilities 2012: $50,752,915Net Assets 2012: $6,043,6372012Assets 2013: $54,859,941Liabilities 2013: $48,594,819Net Assets 2013: $6,265,1222013Assets 2014: $55,021,424Liabilities 2014: $48,599,949Net Assets 2014: $6,421,4752014Assets 2015: $55,676,644Liabilities 2015: $50,358,111Net Assets 2015: $5,318,5332015Assets 2016: $61,572,966Liabilities 2016: $56,091,704Net Assets 2016: $5,481,2622016Assets 2017: $60,970,362Liabilities 2017: $55,023,373Net Assets 2017: $5,946,9892017Assets 2018: $61,696,707Liabilities 2018: $55,206,413Net Assets 2018: $6,490,2942018Assets 2019: $64,910,720Liabilities 2019: $57,911,705Net Assets 2019: $6,999,0152019Assets 2020: $77,292,293Liabilities 2020: $69,505,894Net Assets 2020: $7,786,3992020Assets 2021: $90,789,238Liabilities 2021: $80,991,771Net Assets 2021: $9,797,4672021Assets 2022: $94,667,489Liabilities 2022: $83,927,581Net Assets 2022: $10,739,9082022Assets 2023: $103,643,735Liabilities 2023: $92,435,416Net Assets 2023: $11,208,3192023Assets 2024: $101,168,494Liabilities 2024: $89,589,735Net Assets 2024: $11,578,7592024

Highlighted filing

2024

Assets$101,168,494
Liabilities$89,589,735
Net Assets$11,578,759
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,335,1942010Expenses 2011: $2,928,5932011Expenses 2012: $2,901,0632012Revenue 2013: $2,866,290Expenses 2013: $2,644,805Net Income 2013: $221,4852013Revenue 2014: $2,766,760Expenses 2014: $2,610,406Net Income 2014: $156,3542014Revenue 2015: $2,780,945Expenses 2015: $3,883,887Net Income 2015: -$1,102,9422015Revenue 2016: $3,050,408Expenses 2016: $2,893,679Net Income 2016: $156,7292016Revenue 2017: $3,538,562Expenses 2017: $3,072,835Net Income 2017: $465,7272017Revenue 2018: $4,015,535Expenses 2018: $3,472,230Net Income 2018: $543,3052018Revenue 2019: $4,358,405Expenses 2019: $3,849,684Net Income 2019: $508,7212019Revenue 2020: $4,818,884Expenses 2020: $4,031,500Net Income 2020: $787,3842020Revenue 2021: $7,057,832Expenses 2021: $5,046,764Net Income 2021: $2,011,0682021Revenue 2022: $5,797,294Expenses 2022: $4,854,853Net Income 2022: $942,4412022Revenue 2023: $6,820,440Expenses 2023: $6,352,630Net Income 2023: $467,8102023Revenue 2024: $7,784,631Expenses 2024: $7,413,590Net Income 2024: $371,0412024

Highlighted filing

2024

Revenue$7,784,631
Expenses$7,413,590
Net Income$371,041
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$101,168,494
Liabilities
$89,589,735
Net assets
$11,578,759
Revenue
$7,784,631
Expenses
$7,413,590
Net income
$371,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$89.6$11.6$7.78$7.41$0.37
2023Summary only. Only limited summary data is available for this year.$104$92.4$11.2$6.82$6.35$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.7$83.9$10.7$5.80$4.85$0.94
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.8$81.0$9.80$7.06$5.05$2.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.3$69.5$7.79$4.82$4.03$0.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.9$57.9$7.00$4.36$3.85$0.51
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.7$55.2$6.49$4.02$3.47$0.54
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.0$55.0$5.95$3.54$3.07$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.6$56.1$5.48$3.05$2.89$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$50.4$5.32$2.78$3.88$1.10
2014Summary only. Only limited summary data is available for this year.$55.0$48.6$6.42$2.77$2.61$0.16
2013Detailed filing. Detailed filing data is available for this year.$54.9$48.6$6.27$2.87$2.64$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.8$50.8$6.04$2.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.3$47.4$5.86$2.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.2$45.6$5.66$3.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$7,784,631
Mission and Program Overview

Mission

A member owned non-profit financial institution that provides financial products (savings, loans, etc)at competitive rates to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$77,437,387$79,903,413▲ $2,466,026
Investments Other Securities$14,572,000$11,469,999▼ $3,102,001
Rtn Earn Endowment Incm Other Fnds$10,253,250$10,623,690▲ $370,440
Land, Buildings, and Equipment, Net$5,771,259$5,633,033▼ $138,226
Pd in Cap Srpls Land Bldg Eqp Fund$955,069$955,069→ $0
Cash and Non-Interest-Bearing Accounts$1,251,966$789,487▼ $462,479
Prepaid Expenses and Deferred Charges$684,968$610,277▼ $74,691
Savings and Temporary Cash Investments$1,877,397$519,476▼ $1,357,921
Accounts Receivable$291,293$261,210▼ $30,083
Total Assets$103,643,735$101,168,494▼ $2,475,241
Other Assets Total$1,757,465$1,981,599▲ $224,134
Liabilities
Other Liabilities$90,112,966$88,572,668▼ $1,540,298
Accounts Payable and Accrued Expenses$2,322,450$1,017,067▼ $1,305,383
Total Liabilities$92,435,416$89,589,735▼ $2,845,681
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,208,319$11,578,759▲ $370,440
Total Liabilities and Net Assets / Fund Balance$103,643,735$101,168,494▼ $2,475,241

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,803,190$632,455-
Land$1,017,008--
Equipment$812,835$943,041-
Other Securities$50,000--
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lloyd CockerhamCEOFT$148,144$148,144

Board Members and Trustees

NameTitle
Robert ClouatreChairman
Denise GravesVice Chairman
James MooreDirector
Judy BurnsDirector
Lisa MeyererDirector
Valine LaBordeSecretary
Donald SongyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,266,057
Investment Income
$518,574
Other Revenue
$0
Change in Net Assets
$371,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,025,360
Salaries, Compensation, and Employee Benefits$2,388,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$2,687,426--$2,687,426
Other Salaries and Wages$1,845,353--$1,845,353
Interest$1,538,507--$1,538,507
Other Employee Benefits$336,046--$336,046
Depreciation Depletion$228,434--$228,434
Payroll Taxes$139,708--$139,708
Pension Plan Contributions$67,123--$67,123
Insurance$57,619--$57,619
Fees for Services Other$57,476--$57,476
Occupancy$50,279--$50,279
Fees for Services Legal$46,047--$46,047
Travel$45,789--$45,789
Office Expenses$44,304--$44,304
Other Expenses$42,430--$42,430
Conferences and Meetings$40,768--$40,768
Fees for Services Accounting$40,038--$40,038
Total Functional Expenses$7,413,590$0$0$7,413,590
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Share Accounts$88,572,668
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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

Members or stockholder classes and rights Part VI line 6

“Members of the Credit Union hold monetary accounts with the Credit Union. Members are allowed to vote.”

Member election for additional members Part VI line 7A

“Members of the governing body are elected by the membership.”

Form 990 governing body review Part VI line 11

“The Credit Union CEO and CFO review the Form 990.”

CEO executive director top management comp Part VI line 15A

“Salary for the CEO is based on performance and comparable salaries for similar sized credit unions. No other officers or directors receive monetary compensation.”

Governing documents etc available to public Part VI line 19

“Financial statements are posted in the credit union office. In addition, financial statements are filed with the credit unions regulator and are publicly available at www.ncua.gov. Policies and other governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ascension Credit Union
EIN
72-0828054
In Care Of
% Lloyd Cockerham
Address
PO Box 248, Gonzales, LA 70707-0248

Signing Officer

Name
Lloyd Cockerham
Title
CEO
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
50

Preparer

Firm
Griffin and Furman LLC
Address
P O Box 983, Mandeville, LA 70470
Preparer
Stephen M Griffin CPA
Phone
9857279924
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Prior day loan reversal - $601”

List of other expenses Part IX line 24E

“A list of other expenses can be found on statement 9 included with the return.”

Raw XML Appendix372 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
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IRS990/AccountsReceivableGrp/EOYAmt0261210
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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/BooksInCareOfDetail/PhoneNum02256212800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 248
IRS990/BooksInCareOfDetail/USAddress/CityNm0Gonzales
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070707
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt01251966
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherExpensesAmt05025360
IRS990/CYOtherRevenueAmt00
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt0228434
IRS990/DepreciationDepletionGrp/TotalAmt0228434
IRS990/Desc0Provide members with an affordable source of credit as well as savings, checking accounts, and related products/services.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
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IRS990/EmployeeCnt050
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt07413590
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IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt040038
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt046047
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IRS990/FeesForServicesOtherGrp/ProgramServicesAmt057476
IRS990/FeesForServicesOtherGrp/TotalAmt057476
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/PersonNm0Lloyd Cockerham
IRS990/Form990PartVIISectionAGrp/PersonNm1James Moore
IRS990/Form990PartVIISectionAGrp/PersonNm2Lisa Meyerer
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IRS990/Form990PartVIISectionAGrp/PersonNm6Donald Songy
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
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IRS990/IRPDocumentCnt09
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt050279
IRS990/OccupancyGrp/TotalAmt050279
IRS990/OfficeExpensesGrp/ProgramServicesAmt044304
IRS990/OfficeExpensesGrp/TotalAmt044304
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01757465
IRS990/OtherAssetsTotalGrp/EOYAmt01981599
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0336046
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0336046
IRS990/OtherExpensesGrp/Desc0Uniforms
IRS990/OtherExpensesGrp/Desc1Training
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc3Equipment Rental
IRS990/OtherExpensesGrp/ProgramServicesAmt030081
IRS990/OtherExpensesGrp/ProgramServicesAmt187923
IRS990/OtherExpensesGrp/ProgramServicesAmt228239
IRS990/OtherExpensesGrp/ProgramServicesAmt342430
IRS990/OtherExpensesGrp/TotalAmt030081
IRS990/OtherExpensesGrp/TotalAmt187923
IRS990/OtherExpensesGrp/TotalAmt228239
IRS990/OtherExpensesGrp/TotalAmt342430
IRS990/OtherLiabilitiesGrp/BOYAmt090112966
IRS990/OtherLiabilitiesGrp/EOYAmt088572668
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01845353
IRS990/OtherSalariesAndWagesGrp/TotalAmt01845353
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt077437387
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt079903413
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139708
IRS990/PayrollTaxesGrp/TotalAmt0139708
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0955069
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0955069
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt067123
IRS990/PensionPlanContributionsGrp/TotalAmt067123
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0684968
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0610277
IRS990/PriorPeriodAdjustmentsAmt0-601
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Other Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05558984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11552896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05558984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11707073
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0154177
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0367945
IRS990/PYOtherExpensesAmt04148602
IRS990/PYProgramServiceRevenueAmt06452495
IRS990/PYRevenuesLessExpensesAmt0467810
IRS990/PYSalariesCompEmpBnftPaidAmt02204028
IRS990/PYTotalExpensesAmt06352630
IRS990/PYTotalRevenueAmt06820440
IRS990/ReconcilationRevenueExpnssAmt0371041
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010253250
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010623690
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01877397
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0519476
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03803190
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0632455
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04435645
IRS990ScheduleD/EquipmentGrp/BookValueAmt0812835
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0943041
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01755876
IRS990ScheduleD/LandGrp/BookValueAmt01017008
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01017008
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt088572668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Share Accounts
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt011419999
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt150000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Insured Certificates of Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Membership Capital in Corporate Cre
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05633033
IRS990ScheduleD/TotalBookValueSecuritiesAmt011469999
IRS990ScheduleD/TotalLiabilityAmt088572668
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members of the Credit Union hold monetary accounts with the Credit Union. Members are allowed to vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the governing body are elected by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Credit Union CEO and CFO review the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salary for the CEO is based on performance and comparable salaries for similar sized credit unions. No other officers or directors receive monetary compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Financial statements are posted in the credit union office. In addition, financial statements are filed with the credit unions regulator and are publicly available at www.ncua.gov. Policies and other governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior day loan reversal - $601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A list of other expenses can be found on statement 9 included with the return.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0103643735
IRS990/TotalAssetsEOYAmt0101168494
IRS990/TotalAssetsGrp/BOYAmt0103643735
IRS990/TotalAssetsGrp/EOYAmt0101168494
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07413590
IRS990/TotalFunctionalExpensesGrp/TotalAmt07413590
IRS990/TotalGrossUBIAmt0154177
IRS990/TotalLiabilitiesBOYAmt092435416
IRS990/TotalLiabilitiesEOYAmt089589735
IRS990/TotalLiabilitiesGrp/BOYAmt092435416
IRS990/TotalLiabilitiesGrp/EOYAmt089589735
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011208319
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011578759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07413590
IRS990/TotalProgramServiceRevenueAmt07266057
IRS990/TotalReportableCompFromOrgAmt0148144
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07630454
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07784631
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0154177
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103643735
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0101168494
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt045789
IRS990/TravelGrp/TotalAmt045789
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LLOYD COCKERHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ascension Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0ASCE
ReturnHeader/Filer/EIN0720828054
ReturnHeader/Filer/InCareOfNm0% Lloyd Cockerham
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 248
ReturnHeader/Filer/USAddress/CityNm0Gonzales
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd0707070248
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721506949
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Griffin and Furman LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 983
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mandeville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070470
ReturnHeader/PreparerPersonGrp/PhoneNum09857279924
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN M GRIFFIN CPA
ReturnHeader/ReturnTs02025-05-15T16:43:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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