Civic Intelligence

San Jacinto Area Credit Union

EIN 74-1178178

322 Preston Ave77503
Siviq Scores

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

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

$50M-$100M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$58,149,976

No earlier filing loaded for comparison.

Liabilities

$56,191,457

No earlier filing loaded for comparison.

Net Assets

$1,958,519

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$4,081,658

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $58,149,976Liabilities 2010: $56,191,457Net Assets 2010: $1,958,5192010

Highlighted filing

2010

Assets$58,149,976
Liabilities$56,191,457
Net Assets$1,958,519

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $4,081,6582010

Highlighted filing

2010

Revenue-
Expenses$4,081,658
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jun 14, 2011
Return Version
2010v3.2
Gross Receipts
$3,786,312
Filing and Contact Details

Filer

EIN
74-1178178
Raw XML Appendix396 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/ActivityOrMissionDescription0Financial cooperative that encourages thrift and provides credit at fair and reasonable rates; provides an opportunity for its members to use and control their own money in order to improve their economic and social conditions and conduct any other business, activity or service subject to the Texas Credit Union Act.
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IRS990ScheduleO/GeneralExplanation/Explanation0The completed Form 990 along with applicable schedules is provided to the board of directors for review and approval prior to filing.
IRS990ScheduleO/GeneralExplanation/Explanation1All directors must read and sign a copy of the credit union's Conflict of Interest policy that states that they have read, understand and will comply with the policy. It also requires that they notify the board of directors if any future conflicts arise.
IRS990ScheduleO/GeneralExplanation/Explanation2The credit union uses a formalized salary structure using industry specific research provided by consulting firm, HRN Managing Group.
IRS990ScheduleO/GeneralExplanation/Explanation3The credit union posts its financial statements in the lobby of each office. The governing documents and Conflict of Interest policy are available upon request.
IRS990ScheduleO/GeneralExplanation/Explanation4Annual adjustment to the acumulated other comprehensive income relating to defined benefit pension plan.
IRS990ScheduleO/GeneralExplanation/Identifier0F990_P06_S0B_L11a
IRS990ScheduleO/GeneralExplanation/Identifier1F990_P06_S0B_L12c
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IRS990ScheduleO/GeneralExplanation/Identifier3F990_P06_S0C_L19
IRS990ScheduleO/GeneralExplanation/Identifier4F990_P11_S00_L05
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part XI, Line 5
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ReasonableCauseExplanation/Explanation0The credit union has suffered considerable financial losses over the last few years that required laying off 30% of our staff. This has caused significant operational problems as we update our procedures and workflow to get the work done with much fewer employees. As a result, the Form 990 filing deadline was missed unknowingly and once it was discovered it took time to complete the return. Written procedures on completing the return have been put in place and the filing deadline has been added to the centralized calendar to ensure that the deadline is not missed in the future. Given the extent of the hardship encountered over the last few years, we respectfully request that any late filing penalties be waived.
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0741178178
ReturnHeader/Filer/Name/BusinessNameLine10SAN JACINTO AREA CREDIT UNION
ReturnHeader/Filer/NameControl0SANJ
ReturnHeader/Filer/Phone07137402767
ReturnHeader/Filer/USAddress/AddressLine10322 Preston Ave
ReturnHeader/Filer/USAddress/City0Pasadena
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode077503
ReturnHeader/Officer/DateSigned02011-06-14
ReturnHeader/Officer/Name0Courtland Crouchet
ReturnHeader/Officer/Phone07137402767
ReturnHeader/Officer/Title0President / CEO
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02010-01-01
ReturnHeader/TaxPeriodEndDate02010-12-31
ReturnHeader/TaxYear02010
ReturnHeader/Timestamp02011-06-15T16:59:52-07:00

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