Civic Intelligence

Lcra Credit Union

EIN 74-1142771 • 501(c)14 • Austin, TX

Profile

The mission of LCRA Credit Union is to provide excellent financial services to our members.

3505 MontopolisAustin, TX 78744

www.lcracu.org

Siviq Scores

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

Liabilities / Assets

12th percentile

0.03x

Higher debt load relative to assets than 12% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

14th percentile

0.66x

Higher debt load relative to revenue than 14% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2023

Net Margin

49th percentile

6.8%

Higher net margin than 49% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-9.1%

Faster asset growth than 11% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

22%

Faster revenue growth than 82% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$22,358,715

Down $2,250,118 (-9.1%) from 2022

Liabilities

Up

$651,036

Up $554,883 (+577%) from 2022

Net Assets

Down

$21,707,679

Down $2,805,001 (-11%) from 2022

Revenue

Up

$980,172

Up $177,626 (+22%) from 2022

Expenses

Up

$913,655

Up $137,448 (+18%) from 2022

Net Income

Up

$66,517

Up $40,178 (+153%) from 2022

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $20,690,158Liabilities 2010: $127,924Net Assets 2010: $20,562,2342010Assets 2011: $22,092,901Liabilities 2011: $153,893Net Assets 2011: $21,939,0082011Assets 2012: $22,640,377Liabilities 2012: $32,630Net Assets 2012: $22,607,7472012Assets 2013: $23,305,401Liabilities 2013: $49,798Net Assets 2013: $23,255,6032013Assets 2014: $23,843,373Liabilities 2014: $76,325Net Assets 2014: $23,767,0482014Assets 2015: $23,225,534Liabilities 2015: $47,799Net Assets 2015: $23,177,7352015Assets 2016: $22,998,398Liabilities 2016: $58,506Net Assets 2016: $22,939,8922016Assets 2017: $21,459,668Liabilities 2017: $107,670Net Assets 2017: $21,351,9982017Assets 2018: $21,736,513Liabilities 2018: $85,394Net Assets 2018: $21,651,1192018Assets 2019: $21,754,061Liabilities 2019: $39,448Net Assets 2019: $21,714,6132019Assets 2020: $22,894,831Liabilities 2020: $106,264Net Assets 2020: $22,788,5672020Assets 2021: $25,225,571Liabilities 2021: $158,325Net Assets 2021: $25,067,2462021Assets 2022: $24,608,833Liabilities 2022: $96,153Net Assets 2022: $24,512,6802022Assets 2023: $22,358,715Liabilities 2023: $651,036Net Assets 2023: $21,707,6792023

Highlighted filing

2023

Assets$22,358,715
Liabilities$651,036
Net Assets$21,707,679

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,078,4372010Revenue 2011: $1,020,393Expenses 2011: $974,416Net Income 2011: $45,9772011Expenses 2012: $902,6982012Revenue 2013: $927,476Expenses 2013: $860,302Net Income 2013: $67,1742013Revenue 2014: $838,908Expenses 2014: $918,917Net Income 2014: -$80,0092014Revenue 2015: $802,597Expenses 2015: $891,286Net Income 2015: -$88,6892015Revenue 2016: $700,571Expenses 2016: $856,937Net Income 2016: -$156,3662016Revenue 2017: $758,639Expenses 2017: $813,940Net Income 2017: -$55,3012017Revenue 2018: $828,571Expenses 2018: $826,039Net Income 2018: $2,5322018Revenue 2019: $867,964Expenses 2019: $829,684Net Income 2019: $38,2802019Revenue 2020: $895,249Expenses 2020: $799,697Net Income 2020: $95,5522020Revenue 2021: $896,079Expenses 2021: $759,631Net Income 2021: $136,4482021Revenue 2022: $802,546Expenses 2022: $776,207Net Income 2022: $26,3392022Revenue 2023: $980,172Expenses 2023: $913,655Net Income 2023: $66,5172023

Highlighted filing

2023

Revenue$980,172
Expenses$913,655
Net Income$66,517

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$22.4$0.65$21.7$0.98$0.91$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$0.10$24.5$0.80$0.78$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$0.16$25.1$0.90$0.76$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.9$0.11$22.8$0.90$0.80$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$0.04$21.7$0.87$0.83$0.04
2018Summary only. Only limited summary data is available for this year.$21.7$0.09$21.7$0.83$0.83$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$0.11$21.4$0.76$0.81$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.0$0.06$22.9$0.70$0.86$0.16
2015Detailed filing. Detailed filing data is available for this year.$23.2$0.05$23.2$0.80$0.89$0.09
2014Detailed filing. Detailed filing data is available for this year.$23.8$0.08$23.8$0.84$0.92$0.08
2013Detailed filing. Detailed filing data is available for this year.$23.3$0.05$23.3$0.93$0.86$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$0.03$22.6$0.90
2011Summary only. Only limited summary data is available for this year.$22.1$0.15$21.9$1.02$0.97$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$0.13$20.6$1.08
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$802,546
Mission and Program Overview

Mission

The mission of LCRA Credit Union is to provide excellent financial services to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$22,116,644$21,535,738▼ $580,906
Other Notes and Loans Receivable, Net$11,871,073$15,233,325▲ $3,362,252
Investments Program Related$12,005,000$8,680,000▼ $3,325,000
Rtn Earn Endowment Incm Other Fnds$2,950,602$2,976,942▲ $26,340
Savings and Temporary Cash Investments$1,011,713$356,103▼ $655,610
Cash and Non-Interest-Bearing Accounts$132,833$154,761▲ $21,928
Receivables From Officers Etc$100,955$38,735▼ $62,220
Prepaid Expenses and Deferred Charges$5,790$11,015▲ $5,225
Accounts Receivable$417$3,278▲ $2,861
Land, Buildings, and Equipment, Net$7,463$2,985▼ $4,478
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$25,225,571$24,608,833▼ $616,738
Other Assets Total$90,327$128,631▲ $38,304
Liabilities
Accounts Payable and Accrued Expenses$158,325$96,153▼ $62,172
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
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$158,325$96,153▼ $62,172
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,067,246$24,512,680▼ $554,566
Total Liabilities and Net Assets / Fund Balance$25,225,571$24,608,833▼ $616,738

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$8,680,000--
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$2,985$127,875$0
Leasehold Improvements$0$20,363$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Betty MuellerPresidentFT$91,491$91,491
Tim LaneExecutive Vice PresidentFT$90,470$90,470

Board Members and Trustees

NameTitle
Dowell GarrisonChairman
Jonathan RileyVice Chairman
Charles ChapinDirector
Ken TaylorDirector
Victor RamirezDirector
Mark JohnsonSecretary
Rita SummyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fiservdata processing75 Remittance Circle, Chicago, IL 60675$175,591
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$615,557
Investment Income
$169,247
Other Revenue
$17,742
All Other Contributions
$0
Change in Net Assets
$26,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$446,614
Salaries, Compensation, and Employee Benefits$329,593
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$181,961
Other Salaries and Wages---$115,349
Office Expenses---$70,048
Other Expenses---$35,622
Occupancy---$33,114
Payroll Taxes---$22,208
Insurance---$21,266
Interest---$13,550
Information Technology---$11,832
Fees for Services Accounting---$11,250
Pension Plan Contributions---$10,075
Advertising---$8,400
All Other Expenses---$5,158
Depreciation Depletion---$4,478
Fees for Services Legal---$1,549
Total Functional Expenses$0$0$0$776,207
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$100,955$38,735▼ $62,220
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

organization has members

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

voting members elect all Board of Director members

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

any merger must be approved by the voting membership

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

returns were reviewed by all board members

Form 990, Part VI, Section B, Line 15

Board members approve compensation for President

Form 990, Part VI, Section C, Line 19

all governing documents are available upon request,all bulletin boards on site or on the Credit Union Website

Filing and Contact Details

Filer

Filer Name
Lcra Credit Union
EIN
74-1142771
Phone
7372120030
Address
3505 Montopolis, Austin, TX 78744

Signing Officer

Name
Tim Lane
Title
Executive VP
Phone
7372120030
Signed
2023-11-06

Organization Details

Principal Officer
Betty Mueller
Formed
1945
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
7
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

reduction in deposits

Raw XML AppendixShowing 400 of 527 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0158325
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt096153
IRS990/AccountsReceivableGrp/BOYAmt0417
IRS990/AccountsReceivableGrp/EOYAmt03278
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The mission of LCRA Credit Union is to provide excellent financial services to our members.
IRS990/AdvertisingGrp/TotalAmt08400
IRS990/AllOtherContributionsAmt00
IRS990/AllOtherExpensesGrp/TotalAmt05158
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Betty Mueller
IRS990/BooksInCareOfDetail/PhoneNum07372120030
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03505 Montopolis
IRS990/BooksInCareOfDetail/USAddress/CityNm0Austin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078744
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IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt021535738
IRS990/CashNonInterestBearingGrp/BOYAmt0132833
IRS990/CashNonInterestBearingGrp/EOYAmt0154761
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0181961
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0175591
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt075 Remittance Circle
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Fiserv
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IRS990/ContriRptFundraisingEventAmt00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0169247
IRS990/CYOtherExpensesAmt0446614
IRS990/CYOtherRevenueAmt017742
IRS990/CYProgramServiceRevenueAmt0615557
IRS990/CYRevenuesLessExpensesAmt026339
IRS990/CYSalariesCompEmpBnftPaidAmt0329593
IRS990/CYTotalExpensesAmt0776207
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0802546
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt04478
IRS990/Desc0loans & investments
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt011250
IRS990/FeesForServicesLegalGrp/TotalAmt01549
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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/PersonNm0Betty Mueller
IRS990/Form990PartVIISectionAGrp/PersonNm1Tim Lane
IRS990/Form990PartVIISectionAGrp/PersonNm2Mark Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm3Rita Summy
IRS990/Form990PartVIISectionAGrp/PersonNm4Dowell Garrison
IRS990/Form990PartVIISectionAGrp/PersonNm5Ken Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm6Charles Chapin
IRS990/Form990PartVIISectionAGrp/PersonNm7Jonathan Riley
IRS990/Form990PartVIISectionAGrp/PersonNm8Victor Ramirez
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
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IRS990/GrantsPayableGrp/BOYAmt00
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IRS990/GrossRentsGrp/RealAmt00
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IRS990/IRPDocumentCnt00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01

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