Civic Intelligence

Priority Trust Credit Union

990 • Fiscal year 2021 • EIN 74-0695230

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 12, 2022

Organization ProfileN/A

View Organization Page

9998 Almeda Genoa RdHouston, TX 77075

(713) 970-6273

Siviq Scores

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

Liabilities / Assets

21st percentile

0.87x

Higher debt load relative to assets than 21% of similar nonprofits.

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

Liabilities / Revenue

8th percentile

12.31x

Higher debt load relative to revenue than 8% of similar nonprofits.

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

Net Margin

18th percentile

5.8%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

23rd percentile

$155,935

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

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

Asset Growth

16th percentile

6.2%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

63rd percentile

4.3%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$132,777,176

Up $7,749,420 (+6.2%) from 2020

Net Assets

Up

$17,611,588

Up $10,448,363 (+146%) from 2020

Liabilities

Down

$115,165,588

Down $2,698,943 (-2.3%) from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin18th percentile

Revenue

Up

$9,356,644

Up $387,857 (+4.3%) from 2020

Expenses

Down

$8,809,553

Down $454,749 (-4.9%) from 2020

Net Income

Up

$547,091

Up $842,606 (+285%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$200M$150M$100M$50M$0Assets 2010: $90,902,357Liabilities 2010: $83,435,214Net Assets 2010: $7,467,1432010Assets 2011: $89,691,534Liabilities 2011: $81,929,624Net Assets 2011: $7,761,9102011Assets 2012: $90,429,739Liabilities 2012: $83,222,370Net Assets 2012: $7,207,3692012Assets 2013: $95,465,058Liabilities 2013: $87,490,192Net Assets 2013: $7,974,8662013Assets 2014: $106,769,286Liabilities 2014: $97,330,518Net Assets 2014: $9,438,7682014Assets 2015: $108,781,056Liabilities 2015: $100,738,178Net Assets 2015: $8,042,8782015Assets 2016: $116,487,923Liabilities 2016: $109,054,087Net Assets 2016: $7,433,8362016Assets 2017: $121,426,436Liabilities 2017: $113,192,745Net Assets 2017: $8,233,6912017Assets 2019: $123,024,703Liabilities 2019: $114,277,120Net Assets 2019: $8,747,5832019Assets 2020: $125,027,756Liabilities 2020: $117,864,531Net Assets 2020: $7,163,2252020Assets 2021: $132,777,176Liabilities 2021: $115,165,588Net Assets 2021: $17,611,5882021Assets 2022: $196,739,060Liabilities 2022: $8,046,922Net Assets 2022: $188,692,1382022Assets 2023: $189,539,846Liabilities 2023: $5,671,940Net Assets 2023: $183,867,9062023Assets 2024: $194,130,565Liabilities 2024: $5,595,829Net Assets 2024: $188,534,7362024

Highlighted filing

2021

Assets$132,777,176
Liabilities$115,165,588
Net Assets$17,611,588
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,079,3522010Expenses 2011: $7,927,2122011Expenses 2012: $7,692,4572012Revenue 2013: $8,140,097Expenses 2013: $7,369,021Net Income 2013: $771,0762013Revenue 2014: $8,107,012Expenses 2014: $7,065,122Net Income 2014: $1,041,8902014Revenue 2015: $7,831,957Expenses 2015: $7,681,143Net Income 2015: $150,8142015Revenue 2016: $8,195,258Expenses 2016: $8,062,229Net Income 2016: $133,0292016Revenue 2017: $8,380,479Expenses 2017: $8,311,628Net Income 2017: $68,8512017Revenue 2019: $9,709,604Expenses 2019: $8,983,194Net Income 2019: $726,4102019Revenue 2020: $8,968,787Expenses 2020: $9,264,302Net Income 2020: -$295,5152020Revenue 2021: $9,356,644Expenses 2021: $8,809,553Net Income 2021: $547,0912021Revenue 2022: $15,178,327Expenses 2022: $14,702,092Net Income 2022: $476,2352022Revenue 2023: $13,776,593Expenses 2023: $13,380,210Net Income 2023: $396,3832023Revenue 2024: $16,135,767Expenses 2024: $15,195,506Net Income 2024: $940,2612024

Highlighted filing

2021

Revenue$9,356,644
Expenses$8,809,553
Net Income$547,091
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 12, 2022
Return Version
2021v4.1
Gross Receipts
$9,356,644
Mission and Program Overview

Mission

To provide banking and loan services to members in order to invest in people and improve lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$98,430,460$101,703,137▲ $3,272,677
Rtn Earn Endowment Incm Other Fnds$1,810,301$12,258,664▲ $10,448,363
Land, Buildings, and Equipment, Net$5,717,988$8,281,109▲ $2,563,121
Prepaid Expenses and Deferred Charges$5,737,692$8,086,470▲ $2,348,778
Pd in Cap Srpls Land Bldg Eqp Fund$5,352,924$5,352,924→ $0
Investments Other Securities$3,788,665$3,406,351▼ $382,314
Cash and Non-Interest-Bearing Accounts$5,764,913$1,992,875▼ $3,772,038
Accounts Receivable$667,913$1,497,526▲ $829,613
Loans From Officers Directors$0$0→ $0
Total Assets$125,027,756$132,777,176▲ $7,749,420
Other Assets Total$4,920,125$7,809,708▲ $2,889,583
Liabilities
Other Liabilities$117,214,429$114,871,038▼ $2,343,391
Accounts Payable and Accrued Expenses$650,102$294,550▼ $355,552
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$117,864,531$115,165,588▼ $2,698,943
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,163,225$17,611,588▲ $10,448,363
Total Liabilities and Net Assets / Fund Balance$125,027,756$132,777,176▲ $7,749,420

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,591,506$2,183,646-
Other Land Buildings$218,017$604,574-
Land$2,313,247--
Equipment$711,723$2,181,397-
Leasehold Improvements$446,616$75,632-
Other Assets Org$7,809,708--
Other Securities$1,858,762--
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Vladmir StarkCEO retiredFT$155,935$155,935
Vladmir Stark--$155,935$155,935
Daniel CaldwellCFOFT$116,829$116,829
Teri EdenfieldVice President of OperationsFT$101,645$101,645
Malcolm ReneCEOFT$90,000$90,000
Charles CharlestonSecretary-$6,000$6,000
Chuck RichardDirector-$6,000$6,000
Ed MartindaleVice-Chair-$6,000$6,000
Edward JohnsonDirector-$6,000$6,000
Gayle ReedDirector-$6,000$6,000
John GlennDirector-$6,000$6,000
Margaret GlassTreasurer-$6,000$6,000
Mary WatsonParlimentarian-$6,000$6,000
Wendell GreanleafChairman-$6,000$6,000
Debra PruittDirector-$3,000$3,000
Eric DarganVice Chair-$3,000$3,000
Gina GoosbyDirector-$3,000$3,000
Roderick NewmanSecretary-$3,000$3,000
Vic AyresDirector-$3,000$3,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,243,875
Investment Income
$112,769
Other Revenue
$0
Change in Net Assets
$547,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,755,475
Salaries, Compensation, and Employee Benefits$3,054,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,431,678$0$0$2,431,678
Information Technology$664,408$0$0$664,408
Office Expenses$650,731$0$0$650,731
Other Expenses$587,801$0$0$587,801
Occupancy$573,883$0$0$573,883
Other Employee Benefits$533,031$0$0$533,031
Interest$394,557$0$0$394,557
Depreciation Depletion$390,194$0$0$390,194
Payroll Taxes$212,577$0$0$212,577
Advertising$116,783$0$0$116,783
Travel$85,112$0$0$85,112
Insurance$58,404$0$0$58,404
Conferences and Meetings$56,741$0$0$56,741
Fees for Services Accounting$55,200$0$0$55,200
Fees for Services Legal$15,015$0$0$15,015
Pension Plan Contributions$-123,208$0$0$-123,208
Total Functional Expenses$8,809,553$0$0$8,809,553
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regular shares$62,529,326
Share draft accounts$28,284,436
Other shares and deposits$23,316,300
Kasasa Savers$554,175
Negative shares$186,801
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Plus4 Credit Union
EIN
74-0695230
Phone
7139706273
Address
9998 Almeda Genoa Rd, Houston, TX 77075

Signing Officer

Name
Malcolm Renee
Title
President and CEO
Phone
7139706273
Signed
2022-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malcolm Renee
Formed
1929
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
62
Volunteers
0

Preparer

Firm
Donald R Bond CPA
Address
PO Box 300671, HOUSTON, TX 77230
Preparer
Donald R Bond
Phone
7136519300
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 tax return is prepared by outside CPA, reviewed by AVP of Accounting, President and CEO.”

Pt VI, Line 12C

“Monitored by Board, management and internal audit.”

Pt VI, Line 15A

“Formal appraisal and performance evaluations are conducted annually for President and CEO. Senior level officers are evaluated by individual's immediate supervisor. Salary ranges are validated annually by a third party based on the organization's size and product complexity.”

Pt VI, Line 15B

“See 15a above.”

Form 990, Part III, Line 4D

“Other services offered to members are mortgage loans, 964467.”

Raw XML AppendixShowing 400 of 747 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0650102
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0294550
IRS990/AccountsReceivableGrp/BOYAmt0667913
IRS990/AccountsReceivableGrp/EOYAmt01497526
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide banking and loan services to members in order to invest in people and improve lives.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0116783
IRS990/AdvertisingGrp/TotalAmt0116783
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0Malcolm Renee
IRS990/BooksInCareOfDetail/PhoneNum07139706200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09998 Almeda Genoa
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077075
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05764913
IRS990/CashNonInterestBearingGrp/EOYAmt01992875
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt056741
IRS990/ConferencesMeetingsGrp/TotalAmt056741
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0112769
IRS990/CYOtherExpensesAmt05755475
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt09243875
IRS990/CYRevenuesLessExpensesAmt0547091
IRS990/CYSalariesCompEmpBnftPaidAmt03054078
IRS990/CYTotalExpensesAmt08809553
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09356644
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0390194
IRS990/DepreciationDepletionGrp/TotalAmt0390194
IRS990/Desc0Share Accounts: Share accounts are offered to members and pay monthly dividends. Access if offered through branch locations, internet, ATM's, and telephone. Special accounts designed for children and adolescents encourage development of consistent savings habit.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt062
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01206589
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt055200
IRS990/FeesForServicesAccountingGrp/TotalAmt055200
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt015015
IRS990/FeesForServicesLegalGrp/TotalAmt015015
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0Malcolm Rene
IRS990/Form990PartVIISectionAGrp/PersonNm1Vladmir Stark
IRS990/Form990PartVIISectionAGrp/PersonNm2Teri Edenfield
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel Caldwell
IRS990/Form990PartVIISectionAGrp/PersonNm4Wendell Greanleaf
IRS990/Form990PartVIISectionAGrp/PersonNm5Ed Martindale
IRS990/Form990PartVIISectionAGrp/PersonNm6Roderick Newman
IRS990/Form990PartVIISectionAGrp/PersonNm7Margaret Glass
IRS990/Form990PartVIISectionAGrp/PersonNm8Mary Watson
IRS990/Form990PartVIISectionAGrp/PersonNm9Charles Charleston
IRS990/Form990PartVIISectionAGrp/PersonNm10John Glenn
IRS990/Form990PartVIISectionAGrp/PersonNm11Edward Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm12Gayle Reed
IRS990/Form990PartVIISectionAGrp/PersonNm13Chuck Richard
IRS990/Form990PartVIISectionAGrp/PersonNm14Eric Dargan
IRS990/Form990PartVIISectionAGrp/PersonNm15Debra Pruitt
IRS990/Form990PartVIISectionAGrp/PersonNm16Gina Goosby
IRS990/Form990PartVIISectionAGrp/PersonNm17Vic Ayres
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt090000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1155935
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2101645
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3116829
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt63000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt86000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt96000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt106000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt126000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt136000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt143000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt153000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt163000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt173000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO retired
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Parlimentarian
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01929
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09356644
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt0664408
IRS990/InformationTechnologyGrp/TotalAmt0664408
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt058404
IRS990/InsuranceGrp/TotalAmt058404
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0394557
IRS990/InterestGrp/TotalAmt0394557
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0112769
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03788665
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03406351
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05045249
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05717988
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08281109
IRS990/LandBldgEquipCostOrOtherBssAmt013326358
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide banking and loan services to members in order to invest in people and improve lives.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt07163225
IRS990/NetAssetsOrFundBalancesEOYAmt017611588
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0573883
IRS990/OccupancyGrp/TotalAmt0573883
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0650731
IRS990/OfficeExpensesGrp/TotalAmt0650731
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04920125
IRS990/OtherAssetsTotalGrp/EOYAmt07809708
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0533031
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0533031
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Provision for loan losses
IRS990/OtherExpensesGrp/Desc2Debit Card Operations
IRS990/OtherExpensesGrp/Desc3Other operating expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0950829
IRS990/OtherExpensesGrp/ProgramServicesAmt1674000
IRS990/OtherExpensesGrp/ProgramServicesAmt2481817
IRS990/OtherExpensesGrp/ProgramServicesAmt3587801
IRS990/OtherExpensesGrp/TotalAmt0950829
IRS990/OtherExpensesGrp/TotalAmt1674000
IRS990/OtherExpensesGrp/TotalAmt2481817
IRS990/OtherExpensesGrp/TotalAmt3587801
IRS990/OtherLiabilitiesGrp/BOYAmt0117214429
IRS990/OtherLiabilitiesGrp/EOYAmt0114871038
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02431678
IRS990/OtherSalariesAndWagesGrp/TotalAmt02431678
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt098430460
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0101703137
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0212577
IRS990/PayrollTaxesGrp/TotalAmt0212577
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt05352924
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt05352924
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-123208
IRS990/PensionPlanContributionsGrp/TotalAmt0-123208
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05737692
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08086470
IRS990/PrincipalOfficerNm0Malcolm Renee
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Interest on loans to members
IRS990/ProgramServiceRevenueGrp/Desc1Non-interest income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05993045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13250830
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Checking Accounts: Checking accounts are offered to members and generally pay monthly dividends. Access if offered through branch locations, internet, ATM's, and telephone. Free debit cards are offered and on-line and mobile banking features are provided.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0174842
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0348952
IRS990/ProgSrvcAccomActy3Grp/Desc0Consumer Loans: Consumer loans are offered to members for autos, recreational vehicles, home equity, credit card, and personal loans. Consumer life and disability insurance are available on any of these products.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06463655
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05303799
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other services offered to members are mortgage loans, money orders, cashiers checks and wire transfers.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0964467
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt064378
IRS990/PYOtherExpensesAmt05590334
IRS990/PYProgramServiceRevenueAmt08904409
IRS990/PYRevenuesLessExpensesAmt0-295515
IRS990/PYSalariesCompEmpBnftPaidAmt03673968
IRS990/PYTotalExpensesAmt09264302
IRS990/PYTotalRevenueAmt08968787
IRS990/ReconcilationRevenueExpnssAmt0547091
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0149516
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01810301
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012258664
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04591506
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02183646
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06775152
IRS990ScheduleD/EquipmentGrp/BookValueAmt0711723
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02181397
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02893120
IRS990ScheduleD/LandGrp/BookValueAmt02313247
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02313247
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0446616
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt075632
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0522248
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07809708
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCUSIF and Other Assets
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0218017
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0604574
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0822591
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028284436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt162529326
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt223316300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3554175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4186801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Share draft accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Regular shares

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$132,777,176
Liabilities
$115,165,588
Net assets
$17,611,588
Revenue
$9,356,644
Expenses
$8,809,553
Net income
$547,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$194$5.60$189$16.1$15.2$0.94
2023Detailed filing. Detailed filing data is available for this year.$190$5.67$184$13.8$13.4$0.40
2022Detailed filing. Detailed filing data is available for this year.$197$8.05$189$15.2$14.7$0.48
2021Detailed filing. Detailed filing data is available for this year.$133$115$17.6$9.36$8.81$0.55
2020Summary only. Only limited summary data is available for this year.$125$118$7.16$8.97$9.26$0.30
2019Detailed filing. Detailed filing data is available for this year.$123$114$8.75$9.71$8.98$0.73
2017Detailed filing. Detailed filing data is available for this year.$121$113$8.23$8.38$8.31$0.07
2016Summary only. Only limited summary data is available for this year.$116$109$7.43$8.20$8.06$0.13
2015Detailed filing. Detailed filing data is available for this year.$109$101$8.04$7.83$7.68$0.15
2014Detailed filing. Detailed filing data is available for this year.$107$97.3$9.44$8.11$7.07$1.04
2013Detailed filing. Detailed filing data is available for this year.$95.5$87.5$7.97$8.14$7.37$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.4$83.2$7.21$7.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.7$81.9$7.76$7.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.9$83.4$7.47$8.08