Civic Intelligence

Corpus Christi Sp Credit Union

990 • Fiscal year 2013 • EIN 74-1334335

Jan 01, 2013 to Dec 31, 2013 • Filed on Feb 18, 2014

Organization ProfileWWW.CCSPCU.COM

View Organization Page

1120 N Tancahua78401

(361) 888-8332

Siviq Scores

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

Liabilities / Assets

21st percentile

0.72x

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

2013 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

16th percentile

9.89x

Higher debt load relative to revenue than 16% of similar nonprofits.

2013 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2013

Net Margin

31st percentile

-5.1%

Higher net margin than 31% of similar nonprofits.

2013 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2013

Asset Growth

7th percentile

-12%

Faster asset growth than 7% of similar nonprofits.

2013 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$3,557,000

Down $488,680 (-12%) from 2012

Net Assets

Down

$998,260

Down $13,202 (-1.3%) from 2012

Liabilities

Down

$2,558,740

Down $475,478 (-16%) from 2012

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin31st percentile

Revenue

$258,795

No earlier filing loaded for comparison.

Expenses

Down

$271,997

Down $39,150 (-13%) from 2012

Net Income

-$13,202

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,332,173Liabilities 2010: $3,305,216Net Assets 2010: $1,026,9572010Assets 2011: $4,311,764Liabilities 2011: $3,256,569Net Assets 2011: $1,055,1952011Assets 2012: $4,045,680Liabilities 2012: $3,034,218Net Assets 2012: $1,011,4622012Assets 2013: $3,557,000Liabilities 2013: $2,558,740Net Assets 2013: $998,2602013Assets 2014: $3,672,954Liabilities 2014: $2,671,244Net Assets 2014: $1,001,7102014Assets 2015: $3,502,604Liabilities 2015: $2,610,065Net Assets 2015: $892,5392015Assets 2016: $2,721,225Liabilities 2016: $2,117,607Net Assets 2016: $603,6182016Assets 2017: $3,176,804Liabilities 2017: $2,487,889Net Assets 2017: $688,9152017Assets 2018: $3,023,840Liabilities 2018: $2,364,685Net Assets 2018: $659,1552018Assets 2019: $3,008,566Liabilities 2019: $2,398,393Net Assets 2019: $610,1732019Assets 2020: $2,955,084Liabilities 2020: $2,352,470Net Assets 2020: $602,6142020Assets 2021: $3,251,881Liabilities 2021: $2,682,914Net Assets 2021: $568,9672021Assets 2022: $4,513,852Liabilities 2022: $3,920,894Net Assets 2022: $592,9582022Assets 2023: $4,417,770Liabilities 2023: $3,759,304Net Assets 2023: $658,4662023Assets 2024: $4,949,203Liabilities 2024: $4,275,658Net Assets 2024: $673,5452024

Highlighted filing

2013

Assets$3,557,000
Liabilities$2,558,740
Net Assets$998,260
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $301,2412010Expenses 2011: $278,6382011Expenses 2012: $311,1472012Revenue 2013: $258,795Expenses 2013: $271,997Net Income 2013: -$13,2022013Revenue 2014: $284,864Expenses 2014: $281,414Net Income 2014: $3,4502014Revenue 2015: $246,197Expenses 2015: $355,368Net Income 2015: -$109,1712015Revenue 2016: $192,229Expenses 2016: $481,150Net Income 2016: -$288,9212016Revenue 2017: $193,064Expenses 2017: $211,554Net Income 2017: -$18,4902017Revenue 2018: $222,564Expenses 2018: $252,324Net Income 2018: -$29,7602018Revenue 2019: $244,115Expenses 2019: $293,097Net Income 2019: -$48,9822019Revenue 2020: $244,777Expenses 2020: $252,336Net Income 2020: -$7,5592020Revenue 2021: $256,236Expenses 2021: $289,883Net Income 2021: -$33,6472021Revenue 2022: $301,152Expenses 2022: $277,161Net Income 2022: $23,9912022Revenue 2023: $371,023Expenses 2023: $305,515Net Income 2023: $65,5082023Revenue 2024: $465,029Expenses 2024: $449,950Net Income 2024: $15,0792024

Highlighted filing

2013

Revenue$258,795
Expenses$271,997
Net Income-$13,202
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Feb 18, 2014
Return Version
2013v3.1
Gross Receipts
$258,795
Mission and Program Overview

Mission

Encouraging thrift among members, creating a source of credit at fair and reasonable rates of interest, provide an opportunity for members to use and control their own money to improve their economic and social conditions, conducting any other activities that might benefit the member subject to texas cu act and regulations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,809,750$3,200,849▲ $391,099
Rtn Earn Endowment Incm Other Fnds$1,011,462$998,260▼ $13,202
Cash and Non-Interest-Bearing Accounts$152,964$120,021▼ $32,943
Savings and Temporary Cash Investments$430,817$96,102▼ $334,715
Land, Buildings, and Equipment, Net$97,822$89,129▼ $8,693
Investments Program Related$532,284$30,946▼ $501,338
Prepaid Expenses and Deferred Charges$12,528$11,040▼ $1,488
Accounts Receivable$225$35▼ $190
Total Assets$4,045,680$3,557,000▼ $488,680
Other Assets Total$9,290$8,878▼ $412
Liabilities
Other Liabilities$3,000,821$2,500,768▼ $500,053
Accounts Payable and Accrued Expenses$33,397$57,972▲ $24,575
Total Liabilities$3,034,218$2,558,740▼ $475,478
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,011,462$998,260▼ $13,202
Total Liabilities and Net Assets / Fund Balance$4,045,680$3,557,000▼ $488,680

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$47,422$31,947-
Land$20,625--
Equipment$21,082$104,338-
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Larry SvetlikBoard Chairm
Jerry BasingerBoard Secret
George TorresBoard Treasu
Ul McnielBoard Vice-c
Yolanda ContrerasMembership O
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$224,130
Investment Income
$3,120
Other Revenue
$31,545
Change in Net Assets
$-13,202
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$131,529
Other Expenses$124,813
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$109,852
Information Technology---$39,495
Office Expenses---$37,142
Benefits to Members---$15,655
Occupancy---$13,099
Payroll Taxes---$12,593
Depreciation Depletion---$10,607
Other Employee Benefits---$9,084
Fees for Services Accounting---$6,100
Conferences and Meetings---$4,844
Fees for Services Legal---$3,422
Insurance---$3,382
Advertising---$918
Other Expenses---$-5,230
Total Functional Expenses$0$0$0$271,997
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$2,500,768
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The credit union is a state chartered credit union comprised of owner/members. The members hold annual meetings at which time the members present elect open positions to the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“Copy of form 990 is provided to each board member for review. After detailed review and discussion, the form is approved for remittance to the irs.”

Form 990, Page 6, Part VI, Line 12C

“All board of directors and key employees are required to file an annual conflict of interest disclosure statement.”

Form 990, Page 6, Part VI, Line 15B

“Board of directors reviews the compensation paid to their key employees on an annual basis and compares compensation levels against industry standards, cu size, and services. All deliberations are formally recorded in appropriate official minutes.”

Form 990, Page 6, Part VI, Line 19

“Credit union posts its financial statements in the c.u. Lobby for all members to review. The governing documents and conflicts of interest are available in the credit union office for review upon request.”

Filing and Contact Details

Filer

EIN
74-1334335
Phone
3618888332

Signing Officer

Name
Karen Sims
Title
President
Phone
3618888332
Signed
2014-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Sims
Formed
1953
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Preparer
Angel R Lema CPA
Phone
2102124822
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Encouraging thrift among members, creating a source of credit at fair and reasonable rates of interest, provide an opportunity for members to use and control their own money to improve their economic and social conditions, conducting any other activities that might benefit the member subject to texas cu act and regulations.”

Form 990, Page 2, Part III, Line 4D

“No significant accomplishments during year”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 10,607”

Raw XML Appendix329 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/BOYAmt033397
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057972
IRS990/AccountsReceivableGrp/BOYAmt0225
IRS990/AccountsReceivableGrp/EOYAmt035
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ENCOURAGING THRIFT AMONG MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, PROVIDE AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS, CONDUCTING ANY OTHER ACTIVITIES THAT MIGHT BENEFIT THE MEMBER SUBJECT TO TEXAS CU ACT AND REGULATIONS.
IRS990/AdvertisingGrp/TotalAmt0918
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt015655
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10CORPUS CHRISTI SP CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum03618888332
IRS990/BooksInCareOfDetail/USAddress/AddressLine101120 N TANCAHUA
IRS990/BooksInCareOfDetail/USAddress/City0CORPUS CHRISTI
IRS990/BooksInCareOfDetail/USAddress/State0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCode078401
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0152964
IRS990/CashNonInterestBearingGrp/EOYAmt0120021
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt04844
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt015655
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03120
IRS990/CYOtherExpensesAmt0124813
IRS990/CYOtherRevenueAmt031545
IRS990/CYProgramServiceRevenueAmt0224130
IRS990/CYRevenuesLessExpensesAmt0-13202
IRS990/CYSalariesCompEmpBnftPaidAmt0131529
IRS990/CYTotalExpensesAmt0271997
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0258795
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt010607
IRS990/Desc0NO SIGNIFICANT ACCOMPLISHMENTS DURING TAX YEAR
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt06100
IRS990/FeesForServicesLegalGrp/TotalAmt03422
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0LARRY SVETLIK
IRS990/Form990PartVIISectionAGrp/PersonNm1UL MCNIEL
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm3JERRY BASINGER
IRS990/Form990PartVIISectionAGrp/PersonNm4YOLANDA CONTRERAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRM
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE-C
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBERSHIP O
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0258795
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt039495
IRS990/InsuranceGrp/TotalAmt03382
IRS990/InvestmentIncomeGrp/ExclusionAmt03120
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03120
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0532284
IRS990/InvestmentsProgramRelatedGrp/EOYAmt030946
IRS990/IRPDocumentCnt093
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0136285
IRS990/LandBldgEquipBasisNetGrp/BOYAmt097822
IRS990/LandBldgEquipBasisNetGrp/EOYAmt089129
IRS990/LandBldgEquipCostOrOtherBssAmt0225414
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01755
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt01755
IRS990/MissionDesc0ENCOURAGING THRIFT AMONG MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, PROVIDE AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS, CONDUCTING ANY OTHER ACTIVITIES THAT MIGHT BENEFIT THE MEMBER SUBJECT TO TEXAS CU ACT AND REGULATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01011462
IRS990/NetAssetsOrFundBalancesEOYAmt0998260
IRS990/NetUnrelatedBusTxblIncmAmt0-2271
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt013099
IRS990/OfficeExpensesGrp/TotalAmt037142
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09290
IRS990/OtherAssetsTotalGrp/EOYAmt08878
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09084
IRS990/OtherExpensesGrp/Desc0NCUA ASSESS.FEE/ASSO DUES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/TotalAmt06085
IRS990/OtherExpensesGrp/TotalAmt14949
IRS990/OtherExpensesGrp/TotalAmt2-5230
IRS990/OtherLiabilitiesGrp/BOYAmt03000821
IRS990/OtherLiabilitiesGrp/EOYAmt02500768
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0EXTENDED WARRANTIES
IRS990/OtherRevenueMiscGrp/Desc1GAP REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/Desc2INSURANCE REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016450
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt18655
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24685
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt016450
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt18655
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt24685
IRS990/OtherRevenueTotalAmt031545
IRS990/OtherSalariesAndWagesGrp/TotalAmt0109852
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02809750
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03200849
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt012593
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012528
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011040
IRS990/PrincipalOfficerNm0KAREN SIMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0189737
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt129444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0189737
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24949
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NO SIGNIFICANT ACCOMPLISHMENTS DURING YEAR
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt03588
IRS990/PYOtherExpensesAmt0180179
IRS990/PYOtherRevenueAmt08528
IRS990/PYProgramServiceRevenueAmt0255298
IRS990/PYRevenuesLessExpensesAmt0-43733
IRS990/PYSalariesCompEmpBnftPaidAmt0130968
IRS990/PYTotalExpensesAmt0311147
IRS990/PYTotalRevenueAmt0267414
IRS990/ReconcilationRevenueExpnssAmt0-13202
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01011462
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0998260
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0430817
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096102
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt047422
IRS990ScheduleD/BuildingsGrp/DepreciationAmt031947
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt079369
IRS990ScheduleD/EquipmentGrp/BookValueAmt021082
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104338
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0125420
IRS990ScheduleD/LandGrp/BookValueAmt020625
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt020625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089129
IRS990ScheduleD/TotalLiabilityAmt02500768
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENCOURAGING THRIFT AMONG MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, PROVIDE AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS, CONDUCTING ANY OTHER ACTIVITIES THAT MIGHT BENEFIT THE MEMBER SUBJECT TO TEXAS CU ACT AND REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO SIGNIFICANT ACCOMPLISHMENTS DURING YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION IS A STATE CHARTERED CREDIT UNION COMPRISED OF OWNER/MEMBERS. THE MEMBERS HOLD ANNUAL MEETINGS AT WHICH TIME THE MEMBERS PRESENT ELECT OPEN POSITIONS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. AFTER DETAILED REVIEW AND DISCUSSION, THE FORM IS APPROVED FOR REMITTANCE TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS REVIEWS THE COMPENSATION PAID TO THEIR KEY EMPLOYEES ON AN ANNUAL BASIS AND COMPARES COMPENSATION LEVELS AGAINST INDUSTRY STANDARDS, CU SIZE, AND SERVICES. ALL DELIBERATIONS ARE FORMALLY RECORDED IN APPROPRIATE OFFICIAL MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CREDIT UNION POSTS ITS FINANCIAL STATEMENTS IN THE C.U. LOBBY FOR ALL MEMBERS TO REVIEW. THE GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST ARE AVAILABLE IN THE CREDIT UNION OFFICE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 10,607
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04045680
IRS990/TotalAssetsEOYAmt03557000
IRS990/TotalAssetsGrp/BOYAmt04045680
IRS990/TotalAssetsGrp/EOYAmt03557000
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0271997
IRS990/TotalGrossUBIAmt031545
IRS990/TotalLiabilitiesBOYAmt03034218
IRS990/TotalLiabilitiesEOYAmt02558740
IRS990/TotalLiabilitiesGrp/BOYAmt03034218
IRS990/TotalLiabilitiesGrp/EOYAmt02558740
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01011462
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0998260
IRS990/TotalProgramServiceRevenueAmt0224130
IRS990/TotalRevenueGrp/ExclusionAmt03120
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0224130
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258795
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt031545
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04045680
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03557000
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101120 N TANCAHUA
IRS990/USAddress/City0CORPUS CHRISTI
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode078401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.CCSPCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SIMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03618888332
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine10CORPUS CHRISTI SP CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0CORP
ReturnHeader/Filer/EIN0741334335
ReturnHeader/Filer/PhoneNum03618888332
ReturnHeader/Filer/USAddress/AddressLine101120 N TANCAHUA
ReturnHeader/Filer/USAddress/City0CORPUS CHRISTI
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LEMA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10610 E MARKET ST STE 2906
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0782052680
ReturnHeader/PreparerPersonGrp/PhoneNum02102124822
ReturnHeader/PreparerPersonGrp/PreparationDt02014-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGEL R LEMA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-02-18T18:18:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$3,557,000
Liabilities
$2,558,740
Net assets
$998,260
Revenue
$258,795
Expenses
$271,997
Net income
-$13,202
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$4.28$0.67$0.47$0.45$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.42$3.76$0.66$0.37$0.31$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.51$3.92$0.59$0.30$0.28$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.25$2.68$0.57$0.26$0.29$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.96$2.35$0.60$0.24$0.25$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.01$2.40$0.61$0.24$0.29$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.02$2.36$0.66$0.22$0.25$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.18$2.49$0.69$0.19$0.21$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.72$2.12$0.60$0.19$0.48$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.50$2.61$0.89$0.25$0.36$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.67$2.67$1.00$0.28$0.28$0.00
2013Detailed filing. Detailed filing data is available for this year.$3.56$2.56$1.00$0.26$0.27$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$3.03$1.01$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$3.26$1.06$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$3.31$1.03$0.30