Civic Intelligence

Educators Credit Union

990 • Fiscal year 2018 • EIN 74-1129327

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

501 W State Hwy 6Waco, TX 76712

(254) 776-7900

Siviq Scores

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

Liabilities / Assets

8th percentile

0.83x

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

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

26.65x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Net Margin

98th percentile

33%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$506,695

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Asset Growth

22nd percentile

1.3%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

13%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Assets

Up

$406,585,412

Up $5,313,484 (+1.3%) from 2017

Net Assets

Up

$68,764,453

Up $4,163,985 (+6.4%) from 2017

Liabilities

Up

$337,820,959

Up $1,149,499 (+0.3%) from 2017

Revenue

Up

$12,675,304

Up $1,449,883 (+13%) from 2017

Expenses

Up

$8,511,319

Up $115,842 (+1.4%) from 2017

Net Income

Up

$4,163,985

Up $1,334,041 (+47%) from 2017

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2011: $332,195,243Liabilities 2011: $286,127,262Net Assets 2011: $46,067,9812011Assets 2012: $341,514,524Liabilities 2012: $293,203,350Net Assets 2012: $48,311,1742012Assets 2013: $353,634,496Liabilities 2013: $300,990,882Net Assets 2013: $52,643,6142013Assets 2014: $364,033,864Liabilities 2014: $307,705,530Net Assets 2014: $56,328,3342014Assets 2015: $383,386,027Liabilities 2015: $323,953,146Net Assets 2015: $59,432,8812015Assets 2016: $390,705,690Liabilities 2016: $328,935,166Net Assets 2016: $61,770,5242016Assets 2017: $401,271,928Liabilities 2017: $336,671,460Net Assets 2017: $64,600,4682017Assets 2018: $406,585,412Liabilities 2018: $337,820,959Net Assets 2018: $68,764,4532018Assets 2019: $415,310,486Liabilities 2019: $342,073,770Net Assets 2019: $73,236,7162019Assets 2020: $466,926,206Liabilities 2020: $390,402,955Net Assets 2020: $76,523,2512020Assets 2021: $523,380,753Liabilities 2021: $443,640,651Net Assets 2021: $79,740,1022021Assets 2022: $537,751,416Liabilities 2022: $451,966,895Net Assets 2022: $85,784,5212022Assets 2023: $547,594,494Liabilities 2023: $452,537,597Net Assets 2023: $95,056,8972023Assets 2024: $549,328,667Liabilities 2024: $444,324,975Net Assets 2024: $105,003,6922024

Highlighted filing

2018

Assets$406,585,412
Liabilities$337,820,959
Net Assets$68,764,453

Operations Trend

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

$30M$20M$10M$0Expenses 2011: $9,363,8632011Expenses 2012: $8,355,2492012Revenue 2013: $11,885,969Expenses 2013: $7,832,756Net Income 2013: $4,053,2132013Revenue 2014: $11,441,788Expenses 2014: $7,757,075Net Income 2014: $3,684,7132014Revenue 2015: $11,101,191Expenses 2015: $7,996,643Net Income 2015: $3,104,5482015Revenue 2016: $10,620,451Expenses 2016: $8,282,808Net Income 2016: $2,337,6432016Revenue 2017: $11,225,421Expenses 2017: $8,395,477Net Income 2017: $2,829,9442017Revenue 2018: $12,675,304Expenses 2018: $8,511,319Net Income 2018: $4,163,9852018Revenue 2019: $13,980,900Expenses 2019: $9,508,637Net Income 2019: $4,472,2632019Revenue 2020: $13,003,577Expenses 2020: $9,717,042Net Income 2020: $3,286,5352020Revenue 2021: $11,564,364Expenses 2021: $8,347,515Net Income 2021: $3,216,8492021Revenue 2022: $14,604,226Expenses 2022: $8,559,807Net Income 2022: $6,044,4192022Revenue 2023: $21,701,233Expenses 2023: $12,428,857Net Income 2023: $9,272,3762023Revenue 2024: $24,524,556Expenses 2024: $14,577,761Net Income 2024: $9,946,7952024

Highlighted filing

2018

Revenue$12,675,304
Expenses$8,511,319
Net Income$4,163,985
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$12,693,304
Mission and Program Overview

Mission

Educators credit union is committed to providing sound financial services, which are beneficial to the member owner. The credit union will accomplish this in a caring and professional manner.

To provide reasonably priced financial services to the members of the organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$146,234,914$156,805,804▲ $10,570,890
Savings and Temporary Cash Investments$149,320,813$124,642,655▼ $24,678,158
Investments in Publicly Traded Securities$95,482,117$114,441,616▲ $18,959,499
Rtn Earn Endowment Incm Other Fnds$64,600,468$68,764,453▲ $4,163,985
Land, Buildings, and Equipment, Net$4,964,592$5,264,200▲ $299,608
Cash and Non-Interest-Bearing Accounts$2,135,925$1,440,296▼ $695,629
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$401,271,928$406,585,412▲ $5,313,484
Other Assets Total$3,133,567$3,990,841▲ $857,274
Liabilities
Accounts Payable and Accrued Expenses$336,671,460$337,820,959▲ $1,149,499
Total Liabilities$336,671,460$337,820,959▲ $1,149,499
Net Assets / Fund Balance
Total Net Assets Fund Balance$64,600,468$68,764,453▲ $4,163,985
Total Liabilities and Net Assets / Fund Balance$401,271,928$406,585,412▲ $5,313,484

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,636,297$1,755,656$5,391,953
Equipment$521,796$2,203,983$2,725,779
Land$1,106,107-$1,106,107
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe HutyraCEOFT$438,139$68,556$506,695
William PalasotaCFOFT$229,233$80,761$309,994
Sharon SchroederV.p. AccountingFT$150,281$38,024$188,305
Monica KrenekV.p. LendingFT$127,577$25,600$153,177
Jo Ann BrownSecretary-$1,897-$1,897
Stan MitchellDirector-$1,341-$1,341
Raymond WeldonChairman-$1,155-$1,155
Al PollardVice Chairman-$1,079-$1,079
Ben SalmanDirector-$963-$963
Edward HernandezDirector-$875-$875

Board Members and Trustees

NameTitle
Hazel RoweDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,037,636
Investment Income
$10,647,113
Other Revenue
$-9,445
Change in Net Assets
$4,163,985
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,351,161
Salaries, Compensation, and Employee Benefits$4,148,158
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,442,865
Interest---$2,024,972
Current Officers, Directors, Trustees, and Key Employees---$823,999
Information Technology---$641,709
Occupancy---$568,283
Other Employee Benefits---$456,559
Office Expenses---$281,785
Advertising---$223,457
Pension Plan Contributions---$219,874
Payroll Taxes---$204,861
Fees for Services Legal---$202,131
Depreciation Depletion---$152,485
Travel---$125,824
Insurance---$83,059
Other Expenses---$46,256
Grants to Domestic Individuals---$12,000
Fees for Services Accounting---$1,200
Total Functional Expenses$0$0$0$8,511,319
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union's customers are considered members of the organization.

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

The members meet annually in march to elect directors to the open postions on the board. A special nominating committee selects the candidates on which the membership votes. Current bylaws do not allow for nominations from the floor during the annual meeting, but any member of legal age desiring nomination may do so by presenting a petition with 200 signatures of primary account holders to the nominating committee by the specified date in the january newsletter.

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

Any governance decisions requiring ratification by the membership are presented at the annual meeting and are voted on by the membership present at that time.

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

The form 990 is not provided to the board of directors prior to its filing, but is available for review upon request.

Form 990, Part VI, Section B, Line 15

The process for determining compensation of the organization's ceo, cfo, and other key employees includes a review and approval by the board of directors during a regularly scheduled meeting.

Form 990, Part VI, Section C, Line 19

The organization posts its financial statements at all branches. The governing documents and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Educators Credit Union
EIN
74-1129327
Phone
2547767900
Address
501 W STATE HWY 6, WACO, TX 76712

Signing Officer

Name
William Palasota
Title
CFO
Phone
2547767900
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Hutyra
Formed
1938
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
87
Volunteers
0

Preparer

Firm
Pattillo Brown & Hill Llp
Address
P O BOX 20725, WACO, TX 76702-0725
Preparer
Mike Lucas CPA
Phone
2547724901
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The oversight/selection process has not changed from the prior year.

Raw XML AppendixShowing 400 of 450 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/Desc0THE LARGEST CREDIT UNION IN CENTRAL TEXAS, EDUCATORS CREDIT UNION MEETS THE FINANCIAL NEEDS OF ITS MEMBERS BY PROVIDING A WIDE VARIETY OF SERVICES AT COMPETITIVE RATES IN SEVEN CONVENIENT LOCATIONS. THE CREDIT UNION SERVES MORE THAN 36,000 MEMBERS WHO LIVE, WORK, OR ATTEND SCHOOL IN THE TEXAS COUNTIES OF MCLENNAN, BOSQUE, FALLS, HILL, CORYELL, AND LAMPASSAS.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01989636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt048000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt09000
IRS990/PYInvestmentIncomeAmt09162521
IRS990/PYOtherExpensesAmt04291688
IRS990/PYOtherRevenueAmt0-4458
IRS990/PYProgramServiceRevenueAmt02067358
IRS990/PYRevenuesLessExpensesAmt02829944
IRS990/PYSalariesCompEmpBnftPaidAmt04094789
IRS990/PYTotalExpensesAmt08395477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011225421
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04163985
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-9445
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt064600468
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt068764453
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0149320813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0124642655
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03636297
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01755656
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05391953
IRS990ScheduleD/EquipmentGrp/BookValueAmt0521796
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02203983
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02725779
IRS990ScheduleD/LandGrp/BookValueAmt01106107
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01106107
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05264200
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SEVERAL SCHOLARSHIPS ARE AWARDED EACH YEAR TO GRADUATING SENIORS WHO ARE CREDIT UNION MEMBERS OR THE DEPENDENT OF A CREDIT UNION MEMBER. EIGHT SCHOLARSHIPS OF $1,500 WERE AWARDED IN THE CURRENT YEAR.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0229233
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1438139
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2150281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3127577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount07500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount114520
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt130775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt229008
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt316584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023261
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt123261
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt29016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt39016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM PALASOTA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOE HUTYRA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2SHARON SCHROEDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3MONICA KRENEK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2V.P. ACCOUNTING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3V.P. LENDING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0309994
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1506695
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2188305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3153177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt30
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0IT IS CREDIT UNION POLICY TO PAY FOR THE TRAVEL EXPENSES OF THE SPOUSE OF A DIRECTOR OR EMPLOYEE WHILE THE DIRECTOR OR EMPLOYEE IS ON A BUSINESS TRIP.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1JOE HUTYRA - 457B PLAN - $24,000 WILLIAM PALASOTA - 457B PLAN - $7,102
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION'S CUSTOMERS ARE CONSIDERED MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS MEET ANNUALLY IN MARCH TO ELECT DIRECTORS TO THE OPEN POSTIONS ON THE BOARD. A SPECIAL NOMINATING COMMITTEE SELECTS THE CANDIDATES ON WHICH THE MEMBERSHIP VOTES. CURRENT BYLAWS DO NOT ALLOW FOR NOMINATIONS FROM THE FLOOR DURING THE ANNUAL MEETING, BUT ANY MEMBER OF LEGAL AGE DESIRING NOMINATION MAY DO SO BY PRESENTING A PETITION WITH 200 SIGNATURES OF PRIMARY ACCOUNT HOLDERS TO THE NOMINATING COMMITTEE BY THE SPECIFIED DATE IN THE JANUARY NEWSLETTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY GOVERNANCE DECISIONS REQUIRING RATIFICATION BY THE MEMBERSHIP ARE PRESENTED AT THE ANNUAL MEETING AND ARE VOTED ON BY THE MEMBERSHIP PRESENT AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS NOT PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING, BUT IS AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, CFO, AND OTHER KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION POSTS ITS FINANCIAL STATEMENTS AT ALL BRANCHES. THE GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE OVERSIGHT/SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0401271928
IRS990/TotalAssetsEOYAmt0406585412
IRS990/TotalAssetsGrp/BOYAmt0401271928
IRS990/TotalAssetsGrp/EOYAmt0406585412
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt087
IRS990/TotalFunctionalExpensesGrp/TotalAmt08511319
IRS990/TotalGrossUBIAmt038555
IRS990/TotalLiabilitiesBOYAmt0336671460
IRS990/TotalLiabilitiesEOYAmt0337820959
IRS990/TotalLiabilitiesGrp/BOYAmt0336671460
IRS990/TotalLiabilitiesGrp/EOYAmt0337820959
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt064600468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068764453
IRS990/TotalOtherCompensationAmt0190921
IRS990/TotalProgramServiceRevenueAmt02037636
IRS990/TotalReportableCompFromOrgAmt0974560
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012636749
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012675304
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt038555

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$549$444$105$24.5$14.6$9.95
2023Detailed filing. Detailed filing data is available for this year.$548$453$95.1$21.7$12.4$9.27
2022Detailed filing. Detailed filing data is available for this year.$538$452$85.8$14.6$8.56$6.04
2021Detailed filing. Detailed filing data is available for this year.$523$444$79.7$11.6$8.35$3.22
2020Detailed filing. Detailed filing data is available for this year.$467$390$76.5$13.0$9.72$3.29
2019Detailed filing. Detailed filing data is available for this year.$415$342$73.2$14.0$9.51$4.47
2018Detailed filing. Detailed filing data is available for this year.$407$338$68.8$12.7$8.51$4.16
2017Detailed filing. Detailed filing data is available for this year.$401$337$64.6$11.2$8.40$2.83
2016Detailed filing. Detailed filing data is available for this year.$391$329$61.8$10.6$8.28$2.34
2015Detailed filing. Detailed filing data is available for this year.$383$324$59.4$11.1$8.00$3.10
2014Detailed filing. Detailed filing data is available for this year.$364$308$56.3$11.4$7.76$3.68
2013Detailed filing. Detailed filing data is available for this year.$354$301$52.6$11.9$7.83$4.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$342$293$48.3$8.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$332$286$46.1$9.36