Civic Intelligence

Oklahoma Educators Credit Union

990 • Fiscal year 2021 • EIN 73-0742019

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

Organization ProfileWWW.OECU.COM

View Organization Page

4001 NW ExpresswayOklahoma City, OK 73116

(405) 722-2234

Siviq Scores

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

Liabilities / Assets

55th percentile

0.91x

Higher debt load relative to assets than 55% of similar nonprofits.

2021 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

9th percentile

13.41x

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

2021 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2021

Net Margin

67th percentile

19%

Higher net margin than 67% of similar nonprofits.

2021 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

96th percentile

$441,843

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2021 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2021

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

6.8%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$242,039,953

Up $26,397,490 (+12%) from 2020

Net Assets

Up

$22,666,444

Up $2,009,963 (+9.7%) from 2020

Liabilities

Up

$219,373,509

Up $24,387,527 (+13%) from 2020

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin67th percentile

Revenue

Up

$16,355,869

Up $1,035,360 (+6.8%) from 2020

Expenses

Up

$13,297,637

Up $178,651 (+1.4%) from 2020

Net Income

Up

$3,058,232

Up $856,709 (+39%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$300M$200M$100M$0Assets 2010: $100,424,488Liabilities 2010: $93,396,215Net Assets 2010: $7,028,2732010Assets 2011: $101,738,277Liabilities 2011: $94,012,700Net Assets 2011: $7,725,5772011Assets 2012: $106,089,581Liabilities 2012: $98,382,384Net Assets 2012: $7,707,1972012Assets 2013: $110,493,781Liabilities 2013: $103,455,257Net Assets 2013: $7,038,5242013Assets 2014: $113,875,217Liabilities 2014: $104,869,535Net Assets 2014: $9,005,6822014Assets 2015: $120,462,316Liabilities 2015: $109,987,222Net Assets 2015: $10,475,0942015Assets 2016: $131,559,259Liabilities 2016: $120,087,950Net Assets 2016: $11,471,3092016Assets 2017: $143,905,450Liabilities 2017: $130,614,548Net Assets 2017: $13,290,9022017Assets 2018: $155,955,667Liabilities 2018: $141,131,345Net Assets 2018: $14,824,3222018Assets 2019: $166,993,127Liabilities 2019: $149,347,268Net Assets 2019: $17,645,8592019Assets 2020: $215,642,463Liabilities 2020: $194,985,982Net Assets 2020: $20,656,4812020Assets 2021: $242,039,953Liabilities 2021: $219,373,509Net Assets 2021: $22,666,4442021Assets 2022: $253,800,311Liabilities 2022: $233,088,542Net Assets 2022: $20,711,7692022Assets 2023: $235,069,234Liabilities 2023: $211,807,325Net Assets 2023: $23,261,9092023Assets 2024: $211,325,265Liabilities 2024: $186,375,174Net Assets 2024: $24,950,0912024

Highlighted filing

2021

Assets$242,039,953
Liabilities$219,373,509
Net Assets$22,666,444
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $4,856,3752010Expenses 2011: $4,049,7552011Expenses 2012: $3,868,2342012Revenue 2013: $3,777,332Expenses 2013: $3,655,077Net Income 2013: $122,2552013Revenue 2014: $5,271,154Expenses 2014: $4,161,242Net Income 2014: $1,109,9122014Revenue 2015: $6,694,691Expenses 2015: $5,242,306Net Income 2015: $1,452,3852015Revenue 2016: $7,526,298Expenses 2016: $6,278,882Net Income 2016: $1,247,4162016Revenue 2017: $9,493,077Expenses 2017: $7,744,129Net Income 2017: $1,748,9482017Revenue 2018: $11,417,815Expenses 2018: $9,719,606Net Income 2018: $1,698,2092018Revenue 2019: $13,990,498Expenses 2019: $11,990,121Net Income 2019: $2,000,3772019Revenue 2020: $15,320,509Expenses 2020: $13,118,986Net Income 2020: $2,201,5232020Revenue 2021: $16,355,869Expenses 2021: $13,297,637Net Income 2021: $3,058,2322021Revenue 2022: $17,834,253Expenses 2022: $14,832,015Net Income 2022: $3,002,2382022Revenue 2023: $17,887,015Expenses 2023: $14,883,873Net Income 2023: $3,003,1422023Revenue 2024: $17,333,989Expenses 2024: $14,914,195Net Income 2024: $2,419,7942024

Highlighted filing

2021

Revenue$16,355,869
Expenses$13,297,637
Net Income$3,058,232
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$16,360,183
Mission and Program Overview

Mission

Providing financial services to school employees, students, and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$136,910,251$156,367,399▲ $19,457,148
Investments Other Securities$60,348,565$64,666,284▲ $4,317,719
Rtn Earn Endowment Incm Other Fnds$20,656,481$22,666,444▲ $2,009,963
Cash and Non-Interest-Bearing Accounts$9,489,027$11,083,396▲ $1,594,369
Land, Buildings, and Equipment, Net$6,897,214$7,934,235▲ $1,037,021
Prepaid Expenses and Deferred Charges$514,877$566,282▲ $51,405
Receivables From Officers Etc$120,580$86,267▼ $34,313
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Accounts Receivable$2,560$-10,075▼ $12,635
Total Assets$215,642,463$242,039,953▲ $26,397,490
Other Assets Total$1,359,389$1,346,165▼ $13,224
Liabilities
Other Liabilities$182,088,950$217,177,807▲ $35,088,857
Mortgage Notes Payable Secured by Investment Property$10,700,000$0▼ $10,700,000
Accounts Payable and Accrued Expenses$2,197,032$2,195,702▼ $1,330
Total Liabilities$194,985,982$219,373,509▲ $24,387,527
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,656,481$22,666,444▲ $2,009,963
Total Liabilities and Net Assets / Fund Balance$215,642,463$242,039,953▲ $26,397,490

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,693,362$1,387,598$7,080,960
Land$1,917,563-$1,917,563
Equipment$37,111$1,160,929$1,198,040
Leasehold Improvements$286,199$81,473$367,672
Other Securities$1,604,000--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy WhitePresident / CEOFT$235,971$205,872$441,843
Trent VaughnSenior Vice PresidentFT$180,133$166,614$346,747
Bob HerzigVice President of Finance/human ResourcesFT$215,579$31,415$246,994
Bob HerzigVice President of Finance/human Reso-$157,358$89,636$246,994

Board Members and Trustees

NameTitle
James HarrodBoard Member - Chairman
Chester WeemsBoard Member
Jeff DewittBoard Member
Mike OssenkopBoard Member
Renee AxtellBoard Member
Rick DawkinsBoard Member
Steven AllenBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack Henry & Associates IncData Processing Services/core ProcessorPO Box 609, Monett, MO 65708$453,154
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,976,657
Investment Income
$357,018
Other Revenue
$22,194
Change in Net Assets
$3,058,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,047,536
Salaries, Compensation, and Employee Benefits$4,720,285
Grants and Similar Amounts Paid$13,416
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,061,676
Benefits to Members---$1,516,400
Current Officers, Directors, Trustees, and Key Employees---$989,694
Information Technology---$794,094
Office Expenses---$450,865
All Other Expenses---$413,923
Other Employee Benefits---$340,037
Occupancy---$318,666
Payroll Taxes---$282,725
Depreciation Depletion---$280,203
Other Expenses---$164,319
Fees for Services Legal---$155,941
Advertising---$154,070
Fees for Services Other---$98,679
Insurance---$94,571
Pension Plan Contributions---$46,153
Conferences and Meetings---$42,823
Fees for Services Accounting---$36,999
Travel---$22,152
Grants to Domestic Individuals---$13,416
Interest---$3,738
Fees for Service Investment Mgmnt Fees---$2,760
Total Functional Expenses$0$0$0$13,297,637
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$120,580$86,267▼ $34,313
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Share Accounts$216,735,501
Loan Proceeds Disbursement$219,653
Indirect Lending Funding Account$112,118
Total Clearing Accounts$110,535
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 organization has only one class of members and no stockholders.”

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

“MEMBER ELECTION”

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

“Determined by board of directors”

Form 990, Part VI, Section C, line 19

“Documents provided upon request”

Filing and Contact Details

Filer

Filer Name
Oklahoma Educators Credit Union
EIN
73-0742019
Phone
4057222234
Address
4001 NW EXPRESSWAY, OKLAHOMA CITY, OK 73116

Signing Officer

Name
Cindy White
Title
President
Phone
4057222234
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cindy White
Formed
1960
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
184
Volunteers
11

Preparer

Firm
Ley Gifford & Farr Pllc
Address
1601 NW EXPRESSWAY STE 1800, OKLAHOMA CITY, OK 73118
Preparer
Clarissa Hunter
Phone
4058480255
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Friends Federal Credit Union - Year End Equity After Q4 Loss 94,968. Friends Federal Credit Union - Q4 Loss Attributable to Merged Entity 40,871.”

Part XII, Line 2A

“Per section 715.7 of the National Credit Union Administration, A credit union which is not required to obtain a financial statement audit may fulfill its supervisory committee responsibility by obtaining an Other Supervisory Committee Audit. Oklahoma Educators Credit Union fulfills this obligation by obtaining a Supervisory Committee Annual Review by a third-party.”

Part XII, Line 2C

“No change in process from prior year.”

Part IX, Line 24

“Oklahoma Educators Credit Union purchased a property for use as their future corporate headquarters. A suspense liability was established for the future purchase of furniture, equipment and computers. To establish the suspense liability account, an expense category of office equipment was established and appears as an other expense on Part IX, Line 24 of the 990.”

Part XI, Line 9

“Effective October 1, 2021, Friends Federal Credit Union (FFCU) merged with Oklahoma Educators Credit Union (OECU) with OECU as the surviving corporation and FFCU ceasing to exist. The amount of $135,839 included on line 9 of Part XI represents FFCU's equity balance as of the date of the merger. For disclosure purposes only, FFCU's equity balance would have been $94,968 if it was in existence as of December 31, 2021. The fourth quarter loss related to FFCU was $40,871 and has been included in OECU's 990 current year activity.”

Raw XML AppendixShowing 400 of 584 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/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt020656481
IRS990/NetAssetsOrFundBalancesEOYAmt022666444
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt022194
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt022194
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1184108
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0318666
IRS990/OfficeExpensesGrp/TotalAmt0450865
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01359389
IRS990/OtherAssetsTotalGrp/EOYAmt01346165
IRS990/OtherChangesInNetAssetsAmt0135839
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0340037
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1OFFICE EQUIPMENT
IRS990/OtherExpensesGrp/Desc2PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3EMPLOYEE & DIRECTOR EXP
IRS990/OtherExpensesGrp/TotalAmt02030500
IRS990/OtherExpensesGrp/TotalAmt11661041
IRS990/OtherExpensesGrp/TotalAmt2322192
IRS990/OtherExpensesGrp/TotalAmt3164319
IRS990/OtherLiabilitiesGrp/BOYAmt0182088950
IRS990/OtherLiabilitiesGrp/EOYAmt0217177807
IRS990/OtherSalariesAndWagesGrp/TotalAmt03061676
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0136910251
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0156367399
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0282725
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt046153
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0514877
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0566282
IRS990/PrincipalOfficerNm0CINDY WHITE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011513401
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14079379
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2383877
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011513401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14079379
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2383877
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01712186
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt021491
IRS990/PYInvestmentIncomeAmt0836558
IRS990/PYOtherExpensesAmt07102965
IRS990/PYOtherRevenueAmt026508
IRS990/PYProgramServiceRevenueAmt014457443
IRS990/PYRevenuesLessExpensesAmt02201523
IRS990/PYSalariesCompEmpBnftPaidAmt04282344
IRS990/PYTotalExpensesAmt013118986
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015320509
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0120580
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt086267
IRS990/ReconcilationRevenueExpnssAmt03058232
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt022194
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016333675
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020656481
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022666444
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05693362
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01387598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07080960
IRS990ScheduleD/EquipmentGrp/BookValueAmt037111
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01160929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01198040
IRS990ScheduleD/LandGrp/BookValueAmt01917563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01917563
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0286199
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt081473
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0367672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0216735501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1219653
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2112118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3110535
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PROCEEDS DISBURSEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INDIRECT LENDING FUNDING ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TOTAL CLEARING ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05787884
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1366600
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt254062297
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt350000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt433000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt52018503
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6744000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt71604000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CATALYST CORP CU
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FEDERAL HOME LOAN BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MBO SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc3SERVICE CENTER CU
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CUSO - INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5NCUA SHARE INSURANCE FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc6SHORT-TERM CD'S
IRS990ScheduleD/OtherSecuritiesGrp/Desc7PERFORMANCE TIERED ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07934235
IRS990ScheduleD/TotalBookValueSecuritiesAmt064666284
IRS990ScheduleD/TotalLiabilityAmt0217177807
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012566
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1850
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TEACHER GRANT PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACH OF THE YEAR EVENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt027
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt117
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant recipients are chosen by a committee based on the information provided by the applicant including: reason for the project, clearly stated goals, impact and longevity of funds, and credit union membership. Decision of the committee will be final
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0235971
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1180133
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2157358
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount093476
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount176281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount256086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt050967
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt143861
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt225021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt16394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt26394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt061429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt140078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt22135
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CINDY WHITE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TRENT VAUGHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2BOB HERZIG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT / CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SENIOR VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT OF FINANCE/HUMAN RESO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0441843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1346747
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2246994
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt024065
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt116765
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt27837
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt315589
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt410231
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt511780
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$242,039,953
Liabilities
$219,373,509
Net assets
$22,666,444
Revenue
$16,355,869
Expenses
$13,297,637
Net income
$3,058,232
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$211$186$25.0$17.3$14.9$2.42
2023Detailed filing. Detailed filing data is available for this year.$235$212$23.3$17.9$14.9$3.00
2022Detailed filing. Detailed filing data is available for this year.$254$233$20.7$17.8$14.8$3.00
2021Detailed filing. Detailed filing data is available for this year.$242$219$22.7$16.4$13.3$3.06
2020Detailed filing. Detailed filing data is available for this year.$216$195$20.7$15.3$13.1$2.20
2019Detailed filing. Detailed filing data is available for this year.$167$149$17.6$14.0$12.0$2.00
2018Detailed filing. Detailed filing data is available for this year.$156$141$14.8$11.4$9.72$1.70
2017Detailed filing. Detailed filing data is available for this year.$144$131$13.3$9.49$7.74$1.75
2016Detailed filing. Detailed filing data is available for this year.$132$120$11.5$7.53$6.28$1.25
2015Detailed filing. Detailed filing data is available for this year.$120$110$10.5$6.69$5.24$1.45
2014Detailed filing. Detailed filing data is available for this year.$114$105$9.01$5.27$4.16$1.11
2013Detailed filing. Detailed filing data is available for this year.$110$103$7.04$3.78$3.66$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$98.4$7.71$3.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$94.0$7.73$4.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$100$93.4$7.03$4.86