Civic Intelligence

Mct Credit Union

990 • Fiscal year 2013 • EIN 74-1255147

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 06, 2014

Organization Profilewww.mctcu.org

View Organization Page

PO Box 27977651

(409) 727-1446

Siviq Scores

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

Liabilities / Assets

65th percentile

0.91x

Higher debt load relative to assets than 65% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

14.56x

Higher debt load relative to revenue than 25% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

40th percentile

8.5%

Higher net margin than 40% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

75th percentile

$242,205

Higher top officer pay than 75% of similar nonprofits.

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

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

52nd percentile

2.7%

Faster asset growth than 52% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

34th percentile

-0.0%

Faster revenue growth than 34% of similar nonprofits.

2013 filings • $100M-$250M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$222,344,809

Up $5,875,594 (+2.7%) from 2012

Net Assets

Up

$20,616,242

Up $1,530,863 (+8.0%) from 2012

Liabilities

Up

$201,728,567

Up $4,344,731 (+2.2%) from 2012

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin40th percentile

Revenue

$13,853,196

No earlier filing loaded for comparison.

Expenses

Down

$12,672,310

Down $22,137 (-0.2%) from 2012

Net Income

$1,180,886

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$400M$300M$200M$100M$0Assets 2010: $196,618,649Liabilities 2010: $178,598,269Net Assets 2010: $18,020,3802010Assets 2011: $204,518,178Liabilities 2011: $186,063,210Net Assets 2011: $18,454,9682011Assets 2012: $216,469,215Liabilities 2012: $197,383,836Net Assets 2012: $19,085,3792012Assets 2013: $222,344,809Liabilities 2013: $201,728,567Net Assets 2013: $20,616,2422013Assets 2014: $234,311,562Liabilities 2014: $211,295,939Net Assets 2014: $23,015,6232014Assets 2015: $245,978,369Liabilities 2015: $222,724,259Net Assets 2015: $23,254,1102015Assets 2016: $255,470,758Liabilities 2016: $232,157,797Net Assets 2016: $23,312,9612016Assets 2017: $315,914,429Liabilities 2017: $289,732,320Net Assets 2017: $26,182,1092017Assets 2018: $295,924,955Liabilities 2018: $268,225,038Net Assets 2018: $27,699,9172018Assets 2019: $299,976,930Liabilities 2019: $269,499,419Net Assets 2019: $30,477,5112019Assets 2020: $357,012,507Liabilities 2020: $326,482,978Net Assets 2020: $30,529,5292020Assets 2021: $363,107,409Liabilities 2021: $331,175,018Net Assets 2021: $31,932,3912021Assets 2022: $355,819,917Liabilities 2022: $329,151,009Net Assets 2022: $26,668,9082022Assets 2023: $355,729,593Liabilities 2023: $325,923,982Net Assets 2023: $29,805,6112023Assets 2024: $358,623,991Liabilities 2024: $326,119,045Net Assets 2024: $32,504,9462024

Highlighted filing

2013

Assets$222,344,809
Liabilities$201,728,567
Net Assets$20,616,242
Open 2013 Filing

Operations Trend

Revenue Growth34th percentile

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

$30M$20M$10M$0Expenses 2010: $13,129,3232010Revenue 2011: $13,862,856Expenses 2011: $12,967,244Net Income 2011: $895,6122011Expenses 2012: $12,694,4472012Revenue 2013: $13,853,196Expenses 2013: $12,672,310Net Income 2013: $1,180,8862013Revenue 2014: $14,088,285Expenses 2014: $12,617,467Net Income 2014: $1,470,8182014Revenue 2015: $14,487,809Expenses 2015: $12,869,835Net Income 2015: $1,617,9742015Revenue 2016: $14,535,178Expenses 2016: $13,783,792Net Income 2016: $751,3862016Revenue 2017: $15,728,686Expenses 2017: $13,722,320Net Income 2017: $2,006,3662017Revenue 2018: $16,112,684Expenses 2018: $14,161,193Net Income 2018: $1,951,4912018Revenue 2019: $16,421,061Expenses 2019: $14,070,079Net Income 2019: $2,350,9822019Revenue 2020: $15,531,663Expenses 2020: $14,415,621Net Income 2020: $1,116,0422020Revenue 2021: $15,984,837Expenses 2021: $14,634,518Net Income 2021: $1,350,3192021Revenue 2022: $17,733,954Expenses 2022: $16,167,383Net Income 2022: $1,566,5712022Revenue 2023: $20,307,574Expenses 2023: $19,301,045Net Income 2023: $1,006,5292023Revenue 2024: $21,743,927Expenses 2024: $20,690,246Net Income 2024: $1,053,6812024

Highlighted filing

2013

Revenue$13,853,196
Expenses$12,672,310
Net Income$1,180,886
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 6, 2014
Return Version
2013v3.0
Gross Receipts
$14,238,756
Mission and Program Overview

Mission

To provide financial services, loan, and deposit products that will meet needs and expectations of the field of membership and provide a fair and equitable return to the credit union. To grow the field of membership by aggressively pursuing all persons in need of financial products and services by continually enhancing products to better serve the field of membership.

To provide financial services, loan and deposit products that will meet needs and expectations of the field of membership and provide a fair and equitable return to the Credit Union. To grow the field of membership by aggressively pursuing all persons in need of financial products and services by continually enhancing products to better serve the field of membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$155,179,843$155,149,654▼ $30,189
Investments Program Related$23,154,363$31,762,904▲ $8,608,541
Rtn Earn Endowment Incm Other Fnds$19,085,379$20,616,242▲ $1,530,863
Savings and Temporary Cash Investments$19,767,755$16,065,156▼ $3,702,599
Land, Buildings, and Equipment, Net$7,184,586$8,567,216▲ $1,382,630
Cash and Non-Interest-Bearing Accounts$2,371,276$2,229,864▼ $141,412
Receivables From Officers Etc-$1,255,656-
Accounts Receivable$1,204,263$1,002,731▼ $201,532
Prepaid Expenses and Deferred Charges$174,528$288,087▲ $113,559
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$216,469,215$222,344,809▲ $5,875,594
Other Assets Total$7,432,601$6,023,541▼ $1,409,060
Liabilities
Other Liabilities$195,240,675$197,221,425▲ $1,980,750
Accounts Payable and Accrued Expenses$2,143,161$4,507,142▲ $2,363,981
Total Liabilities$197,383,836$201,728,567▲ $4,344,731
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,085,379$20,616,242▲ $1,530,863
Total Liabilities and Net Assets / Fund Balance$216,469,215$222,344,809▲ $5,875,594

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,772,016$2,393,309$9,165,325
Equipment$501,629$2,136,688$2,638,317
Land$1,293,571-$1,293,571
Investment Program Related Org$858,824--
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thad AngellePresident/Chief Executive OfficerFT$174,752$67,177$241,929
Mary FadhliExecutive Vice PresidentFT$132,319$91,065$223,384
Michelene MoodySenior Vice President/Branch ExecutiveFT$115,670$29,513$145,183
Karen FrederickControllerFT$119,061$11,496$130,557
Chad PowellChief Financial OfficerFT$90,726$23,383$114,109
Charles LankfordDirector--$16$16
Deborah NorrisDirector--$16$16
James Myers JrDirector--$16$16
Michael GuidryDirector--$16$16
Michael LairdDirector--$16$16
Peggy DelahoussayeDirector--$16$16
Randy BrownDirector--$16$16
Randy ChanceDirector--$16$16
Randy LuptonDirector--$16$16
Rebecca DemeterDirector--$16$16
Yvonne GrimesDirector--$16$16

Highest Paid Contractors

ContractorServicesLocationCompensation
Construction Zone of Southeast Texas LLCGeneral Construction-$1,457,803
FiservData Processing-$509,831
American National InsuranceCredit Life and Disability-$500,696
Third Degree Advertising and CommunicationsMarketing Serivces-$365,938
TransFundDebit Card Processing-$359,115
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,438,940
Investment Income
$414,256
Other Revenue
$0
Change in Net Assets
$1,180,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,244,554
Salaries, Compensation, and Employee Benefits$5,427,756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,350,293
Office Expenses---$1,766,810
Fees for Services Other---$978,678
Current Officers, Directors, Trustees, and Key Employees---$854,800
Advertising---$597,709
Pension Plan Contributions---$464,195
Depreciation Depletion---$458,143
Other Employee Benefits---$455,346
Occupancy---$453,680
Payroll Taxes---$303,122
Information Technology---$273,890
Travel---$168,453
Other Expenses---$148,691
Insurance---$58,257
Fees for Service Investment Mgmnt Fees---$44,110
All Other Expenses---$43,787
Fees for Services Legal---$25,125
Payments to Affiliates---$23,762
Fees for Services Accounting---$11,640
Interest---$13
Total Functional Expenses$0$0$0$12,672,310
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Owner, Adam Fadhli is the spouse of Mary FadhliInformation Technology Support and EquipmentNo$350,606

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$1,255,656-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Draft Accounts$72,534,360
Member Share Accounts$71,211,550
Member Certificate Accounts$29,627,991
Member Individual Retirement Accounts$11,935,865
Member Money Market Accounts$11,911,659
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 2

“Yvonne Grimes, Director, is the mother of Rebecca Dememter, Director.”

Form 990, Part VI, Section A, Line 6

“The Credit Union has members who each own a share of the Credit Union. The members of the Credit Union elect the governing body and approve any significant decisions of the governing body as directed in the Credit Union's by-laws.”

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

“The Credit Union has members who each own a share of the Credit Union. The members of the Credit Union elect the governing body and approve any significant decisions of the governing body as directed in the Credit Union's by-laws.”

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

“The Credit Union has members who each own a share of the Credit Union. The members of the Credit Union elect the governing body and approve any significant decisions of the governing body as directed in the Credit Union's by-laws.”

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

“Form 990 is available to the Board of Directors for review at the regulary scheduled monthly meeting.”

Form 990, Part VI, Section B, Line 12C

“MCT Credit Union monitors the conflict of interest policy by requiring all employees to report the potential conflicts of interest to management. Officers and key employees must report conflicts of interest to the Chief Executive Officer. The Chief Executive Officer and any member of the Board of Directors must report any potential conflicts of interest to the Board chairman.”

Form 990, Part VI, Section B, Line 15

“MCT Credit Union uses several methods to determine the compensation of key employees and officers. The Credit Union's Board of Directors appoints a compensation committee to review employess compensation and make recommedations to the Board of Directors. The compensation comittee uses salary surveys from CUNA Mutual Group as well as other industry resources. The compensation committee also uses Compease, a compensation consulting software. The program takes severalfactors into account such as specific job responsibilities and local market conditions when determing recommended compensation. Once the compensation committee has a recommendation, it is presented to the Board of Directors for approval.”

Form 990, Part VI, Section C, Line 19

“MCT Credit Union will provide copies of the governing documents and conflict of interest policy upon request. MCT Credit Union post the balance sheet in the lobby of each branch location monthly. The Credit Union also publishes the yearly financial statements in an annual report to the membership.”

Filing and Contact Details

Filer

EIN
74-1255147
Phone
4097271446

Signing Officer

Name
Chad Powell
Title
Chief Financial Officer
Phone
4097271446
Signed
2014-08-06

Organization Details

Principal Officer
Chad Powell
Formed
1953
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
93
Volunteers
11
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“The Credit Union's other comprehensive income account increased $400,826 in 2013 due to the performance of the defined benefit plan.”

Raw XML AppendixShowing 400 of 642 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/Form990PartVIISectionAGrp/OtherCompensationAmt1269420
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1311496
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1423383
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1529513
IRS990/Form990PartVIISectionAGrp/PersonNm0Randy Brown
IRS990/Form990PartVIISectionAGrp/PersonNm1Randy Chance
IRS990/Form990PartVIISectionAGrp/PersonNm2Peggy Delahoussaye
IRS990/Form990PartVIISectionAGrp/PersonNm3Rebecca Demeter
IRS990/Form990PartVIISectionAGrp/PersonNm4Yvonne Grimes
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Guidry
IRS990/Form990PartVIISectionAGrp/PersonNm6Michael Laird
IRS990/Form990PartVIISectionAGrp/PersonNm7Charles Lankford
IRS990/Form990PartVIISectionAGrp/PersonNm8Randy Lupton
IRS990/Form990PartVIISectionAGrp/PersonNm9James Myers Jr
IRS990/Form990PartVIISectionAGrp/PersonNm10Deborah Norris
IRS990/Form990PartVIISectionAGrp/PersonNm11Thad Angelle
IRS990/Form990PartVIISectionAGrp/PersonNm12Mary Fadhli
IRS990/Form990PartVIISectionAGrp/PersonNm13Karen Frederick
IRS990/Form990PartVIISectionAGrp/PersonNm14Chad Powell
IRS990/Form990PartVIISectionAGrp/PersonNm15Michelene Moody
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11200307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12153150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13119061
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1490726
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15115670
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11President/Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt14Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Senior Vice President/Branch Executive
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt084435
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0469995
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt014238756
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0273890
IRS990/InsuranceGrp/TotalAmt058257
IRS990/InterestGrp/TotalAmt013
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0329821
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0329821
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt023154363
IRS990/InvestmentsProgramRelatedGrp/EOYAmt031762904
IRS990/IRPDocumentCnt07173
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04529997
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07184586
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08567216
IRS990/LandBldgEquipCostOrOtherBssAmt013097213
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0385560
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide financial services, loan and deposit products that will meet needs and expectations of the field of membership and provide a fair and equitable return to the Credit Union. To grow the field of membership by aggressively pursuing all persons in need of financial products and services by continually enhancing products to better serve the field of membership.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt019085379
IRS990/NetAssetsOrFundBalancesEOYAmt020616242
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt084435
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt084435
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-50849
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0453680
IRS990/OfficeExpensesGrp/TotalAmt01766810
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07432601
IRS990/OtherAssetsTotalGrp/EOYAmt06023541
IRS990/OtherChangesInNetAssetsAmt0400826
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0455346
IRS990/OtherExpensesGrp/Desc0Interest and Dividends to Members
IRS990/OtherExpensesGrp/Desc1Loan Servicing Expense
IRS990/OtherExpensesGrp/Desc2Allowance for Loan Loss Expense
IRS990/OtherExpensesGrp/Desc3Deposit Insurance Assessment
IRS990/OtherExpensesGrp/TotalAmt01724813
IRS990/OtherExpensesGrp/TotalAmt1251193
IRS990/OtherExpensesGrp/TotalAmt2215800
IRS990/OtherExpensesGrp/TotalAmt3148691
IRS990/OtherLiabilitiesGrp/BOYAmt0195240675
IRS990/OtherLiabilitiesGrp/EOYAmt0197221425
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt03350293
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0155179843
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0155149654
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt023762
IRS990/PayrollTaxesGrp/TotalAmt0303122
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0464195
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0174528
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0288087
IRS990/PrincipalOfficerNm0Chad Powell
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/BusinessCd3522130
IRS990/ProgramServiceRevenueGrp/BusinessCd4522130
IRS990/ProgramServiceRevenueGrp/Desc0Real Estate Lending Income
IRS990/ProgramServiceRevenueGrp/Desc1Consumer Lending Income
IRS990/ProgramServiceRevenueGrp/Desc2Member Service Fees
IRS990/ProgramServiceRevenueGrp/Desc3Commercial Loan Income
IRS990/ProgramServiceRevenueGrp/Desc4Debit Charge Interchange Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04141559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13943423
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21890158
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31309190
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41209288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04141559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13943423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21890158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31309190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41209288
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0The Credit Union offers consumer loans, mortgage loans and business loans to membership. The Credit Union granted 2,953 loans for 63,776,572 to its membership in 2013.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0321272
IRS990/PYOtherExpensesAmt07493813
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt013651477
IRS990/PYRevenuesLessExpensesAmt01278302
IRS990/PYSalariesCompEmpBnftPaidAmt05200634
IRS990/PYTotalExpensesAmt012694447
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013972749
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01255656
IRS990/ReconcilationRevenueExpnssAmt01180886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,344,809
Liabilities
$201,728,567
Net assets
$20,616,242
Revenue
$13,853,196
Expenses
$12,672,310
Net income
$1,180,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$359$326$32.5$21.7$20.7$1.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$356$326$29.8$20.3$19.3$1.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$356$329$26.7$17.7$16.2$1.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$363$331$31.9$16.0$14.6$1.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$357$326$30.5$15.5$14.4$1.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$300$269$30.5$16.4$14.1$2.35
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$296$268$27.7$16.1$14.2$1.95
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$316$290$26.2$15.7$13.7$2.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$255$232$23.3$14.5$13.8$0.75
2015Detailed filing. Detailed filing data is available for this year.$246$223$23.3$14.5$12.9$1.62
2014Detailed filing. Detailed filing data is available for this year.$234$211$23.0$14.1$12.6$1.47
2013Detailed filing. Detailed filing data is available for this year.$222$202$20.6$13.9$12.7$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$216$197$19.1$12.7
2011Summary only. Only limited summary data is available for this year.$205$186$18.5$13.9$13.0$0.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$197$179$18.0$13.1