Civic Intelligence

Membersource Credit Union

990 • Fiscal year 2016 • EIN 74-1383158

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 01, 2017

Organization Profilemembersourcecu.org
10100 Richmond AveHouston, TX 77042

(713) 627-4000

Siviq Scores

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

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

19.66x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

15th percentile

3.4%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

2nd percentile

$0

Higher top officer pay than 2% of similar nonprofits.

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

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

28th percentile

2.0%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

3.6%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$197,366,922

Up $3,832,685 (+2.0%) from 2015

Net Assets

Up

$15,619,826

Up $496,456 (+3.3%) from 2015

Liabilities

Up

$181,747,096

Up $3,336,229 (+1.9%) from 2015

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin15th percentile

Revenue

Up

$9,244,888

Up $322,695 (+3.6%) from 2015

Expenses

Up

$8,928,484

Up $278,699 (+3.2%) from 2015

Net Income

Up

$316,404

Up $43,996 (+16%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$300M$200M$100M$0Assets 2010: $168,793,016Liabilities 2010: $156,085,267Net Assets 2010: $12,707,7492010Assets 2011: $178,692,498Liabilities 2011: $164,880,736Net Assets 2011: $13,811,7622011Assets 2012: $188,907,873Liabilities 2012: $174,240,024Net Assets 2012: $14,667,8492012Assets 2013: $189,961,473Liabilities 2013: $175,964,090Net Assets 2013: $13,997,3832013Assets 2014: $191,878,745Liabilities 2014: $176,976,064Net Assets 2014: $14,902,6812014Assets 2015: $193,534,237Liabilities 2015: $178,410,867Net Assets 2015: $15,123,3702015Assets 2016: $197,366,922Liabilities 2016: $181,747,096Net Assets 2016: $15,619,8262016Assets 2017: $202,507,167Liabilities 2017: $186,394,209Net Assets 2017: $16,112,9582017Assets 2018: $195,384,247Liabilities 2018: $178,853,320Net Assets 2018: $16,530,9272018Assets 2019: $187,863,919Liabilities 2019: $170,761,201Net Assets 2019: $17,102,7182019Assets 2020: $215,655,904Liabilities 2020: $195,082,244Net Assets 2020: $20,573,6602020Assets 2021: $222,529,883Liabilities 2021: $201,013,697Net Assets 2021: $21,516,1862021Assets 2022: $219,341,455Liabilities 2022: $199,556,188Net Assets 2022: $19,785,2672022Assets 2023: $196,162,100Liabilities 2023: $176,026,053Net Assets 2023: $20,136,0472023Assets 2024: $180,088,432Liabilities 2024: $159,683,099Net Assets 2024: $20,405,3332024

Highlighted filing

2016

Assets$197,366,922
Liabilities$181,747,096
Net Assets$15,619,826
Open 2016 Filing

Operations Trend

Revenue Growth34th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $12,189,4772010Expenses 2011: $9,189,6382011Expenses 2012: $8,753,9672012Revenue 2013: $9,178,453Expenses 2013: $8,807,616Net Income 2013: $370,8372013Revenue 2014: $9,359,335Expenses 2014: $8,891,910Net Income 2014: $467,4252014Revenue 2015: $8,922,193Expenses 2015: $8,649,785Net Income 2015: $272,4082015Revenue 2016: $9,244,888Expenses 2016: $8,928,484Net Income 2016: $316,4042016Revenue 2017: $9,469,798Expenses 2017: $8,900,808Net Income 2017: $568,9902017Revenue 2018: $10,101,343Expenses 2018: $9,698,366Net Income 2018: $402,9772018Revenue 2019: $10,325,648Expenses 2019: $9,839,586Net Income 2019: $486,0622019Revenue 2020: $9,912,997Expenses 2020: $9,357,474Net Income 2020: $555,5232020Revenue 2021: $9,847,092Expenses 2021: $8,550,415Net Income 2021: $1,296,6772021Revenue 2022: $9,456,713Expenses 2022: $8,865,566Net Income 2022: $591,1472022Revenue 2023: $9,991,181Expenses 2023: $10,351,483Net Income 2023: -$360,3022023Revenue 2024: $11,565,598Expenses 2024: $11,892,365Net Income 2024: -$326,7672024

Highlighted filing

2016

Revenue$9,244,888
Expenses$8,928,484
Net Income$316,404
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 1, 2017
Return Version
2016v3.0
Gross Receipts
$9,244,888
Mission and Program Overview

Mission

MemberSource Credit Union will consistently meet members' needs by providing personal quality service in a professional environment through motivated employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$99,405,192$122,702,895▲ $23,297,703
Investments Other Securities$75,038,684$57,095,007▼ $17,943,677
Rtn Earn Endowment Incm Other Fnds$15,123,370$15,619,826▲ $496,456
Land, Buildings, and Equipment, Net$6,817,411$6,597,478▼ $219,933
Savings and Temporary Cash Investments$5,361,227$6,135,225▲ $773,998
Cash and Non-Interest-Bearing Accounts$2,000,099$1,805,058▼ $195,041
Accounts Receivable$2,170,716$357,971▼ $1,812,745
Prepaid Expenses and Deferred Charges$350,073$268,022▼ $82,051
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$193,534,237$197,366,922▲ $3,832,685
Other Assets Total$2,390,835$2,405,266▲ $14,431
Liabilities
Other Liabilities$177,445,940$180,858,224▲ $3,412,284
Accounts Payable and Accrued Expenses$964,927$888,872▼ $76,055
Total Liabilities$178,410,867$181,747,096▲ $3,336,229
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,123,370$15,619,826▲ $496,456
Total Liabilities and Net Assets / Fund Balance$193,534,237$197,366,922▲ $3,832,685

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,663,320$1,902,181$5,565,501
Equipment$362,975$3,795,276$4,158,251
Land$2,491,856-$2,491,856
Leasehold Improvements$79,327$33,641$112,968
Compensation and Service Providers
Top Officer Pay2nd percentile

Board Members and Trustees

NameTitle
Richard PattonChairman
Kenny HarringtonPresident/CEO
Ellen TarverVice Chairman
Arthur RichardsonDirector
David BerryDirector
Gay BaskinDirector
Jeremy SmithDirector
Melinda GarrettDirector
Leon DavisCFO
Cheri PeperSecretary
Joseph F HildenbrandTreasurer
Kelly BrinkVP-Admin
Bobbi PhelpsVP-Branch Op
Samuel PhelpsVP-it
Diana FisherVP-Mktg & Dev

Highest Paid Contractors

ContractorServicesLocationCompensation
Insperity IncEmployee Leasing19001 Crescent Springs Drive, Kingwood, TX 77339$3,958,970
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,460,996
Investment Income
$974,727
Other Revenue
$809,165
Change in Net Assets
$316,404

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,244,888
Revenue Not Reported on Form 990
$180,052
Total Revenue per Audited Statements
$9,424,940
Total Revenue per Form 990
$9,244,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,917,607
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$3,970,872
Office Expenses---$1,023,040
Occupancy---$720,367
Other Expenses---$400,469
Interest---$333,864
Advertising---$152,726
Conferences and Meetings---$49,344
Fees for Services Accounting---$48,000
All Other Expenses---$32,399
Benefits to Members---$10,877
Fees for Services Legal---$6,679
Total Functional Expenses$0$0$0$8,928,484

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,928,484
Total Expenses per Audited Statements$8,928,484
Total Expenses per Form 990$8,928,484
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$180,310,442
A/P Drafts Authorized$547,782
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two officers are married to each other.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft copy of the tax return is reviewed and approved by the Board of Directors prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Officers, directors and key employees are required to disclose any conflicts of interest. The organization adheres to the Standards of Conduct for Staff policy and Credit Union Governance policy.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“A compensation committee, consisting of the Board Members, determines CEO salary with reference to CUNA and CCUL compensation surveys. Board approval of the committee recommendation is required.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Posted in branch offices and upon request.”

Filing and Contact Details

Filer

Filer Name
MemberSource Credit Union
EIN
74-1383158
Phone
7136274000
Address
10100 Richmond Ave, Houston, TX 77042

Signing Officer

Name
Leon Davis
Title
CFO
Signed
2017-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leon Davis
Formed
2000
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
12

Preparer

Firm
Seefeld Lawson Moeller Llp
Address
1610 WOODSTEAD COURT SUITE 455, THE WOODLANDS, TX 77380
Preparer
Lisa N Jacobs CPA
Phone
2813629732
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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/PersonNm1Ellen Tarver
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IRS990/Form990PartVIISectionAGrp/PersonNm3Joseph F Hildenbrand
IRS990/Form990PartVIISectionAGrp/PersonNm4Gay Baskin
IRS990/Form990PartVIISectionAGrp/PersonNm5Arthur Richardson
IRS990/Form990PartVIISectionAGrp/PersonNm6David Berry
IRS990/Form990PartVIISectionAGrp/PersonNm7Melinda Garrett
IRS990/Form990PartVIISectionAGrp/PersonNm8Jeremy Smith
IRS990/Form990PartVIISectionAGrp/PersonNm9Kenny Harrington
IRS990/Form990PartVIISectionAGrp/PersonNm10Kelly Brink
IRS990/Form990PartVIISectionAGrp/PersonNm11Diana Fisher
IRS990/Form990PartVIISectionAGrp/PersonNm12Bobbi Phelps
IRS990/Form990PartVIISectionAGrp/PersonNm13Samuel Phelps
IRS990/Form990PartVIISectionAGrp/PersonNm14Leon Davis
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP-Admin
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP-Mktg & Dev
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP-Branch Op
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-IT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09244888
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0333864
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0974727
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0974727
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt075038684
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt057095007
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02081
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05731098
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06817411
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06597478
IRS990/LandBldgEquipCostOrOtherBssAmt012328576
IRS990/LegalDomicileStateCd0TX
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MemberSource Credit Union will consistently meet members' needs by providing personal quality service in a professional environment through motivated employees.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt015123370
IRS990/NetAssetsOrFundBalancesEOYAmt015619826
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-59633
IRS990/NetUnrlzdGainsLossesInvstAmt0180052
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0720367
IRS990/OfficeExpensesGrp/TotalAmt01023040
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02390835
IRS990/OtherAssetsTotalGrp/EOYAmt02405266
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Other
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Loan Servicing
IRS990/OtherExpensesGrp/Desc3ATM/Checking Expenses
IRS990/OtherExpensesGrp/TotalAmt0892593
IRS990/OtherExpensesGrp/TotalAmt1796333
IRS990/OtherExpensesGrp/TotalAmt2490921
IRS990/OtherExpensesGrp/TotalAmt3400469
IRS990/OtherLiabilitiesGrp/BOYAmt0177445940
IRS990/OtherLiabilitiesGrp/EOYAmt0180858224
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Misc Operating Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0681557
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0809165
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0127608
IRS990/OtherRevenueTotalAmt0809165
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt099405192
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0122702895
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0350073
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0268022
IRS990/PrincipalOfficerNm0Leon Davis
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0ATM Income
IRS990/ProgramServiceRevenueGrp/Desc1Credit Card Interchange
IRS990/ProgramServiceRevenueGrp/Desc2Fees & Charges
IRS990/ProgramServiceRevenueGrp/Desc3Loan Interest
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0695028
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1330670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21258944
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35176354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0695028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1330670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21258944
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35176354
IRS990/ProgSrvcAccomActy2Grp/Desc0Savings, CDs, Checking & IRAs - 27,792 Accounts totaling $180,283,112.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0590953
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01788923
IRS990/ProgSrvcAccomActy3Grp/Desc0Real Estate/ Mortgage Loans - 485 Loans totaling $33,105,183
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt032690
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01336035
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt09905
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0979063
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt08639880
IRS990/PYOtherRevenueAmt0626252
IRS990/PYProgramServiceRevenueAmt07316878
IRS990/PYRevenuesLessExpensesAmt0272408
IRS990/PYTotalExpensesAmt08649785
IRS990/PYTotalRevenueAmt08922193
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0316404
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03850581
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015123370
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015619826
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05361227
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06135225
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03663320
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01902181
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05565501
IRS990ScheduleD/EquipmentGrp/BookValueAmt0362975
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03795276
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04158251
IRS990ScheduleD/ExpensesSubtotalAmt08928484
IRS990ScheduleD/LandGrp/BookValueAmt02491856
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02491856
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt079327
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033641
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0112968
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0180052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0547782
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1180310442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0A/P Drafts Authorized
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Member Shares
IRS990ScheduleD/RevenueNotReportedAmt0180052
IRS990ScheduleD/RevenueSubtotalAmt09244888
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06597478
IRS990ScheduleD/TotalBookValueSecuritiesAmt057095007
IRS990ScheduleD/TotalExpensesPerForm990Amt08928484
IRS990ScheduleD/TotalLiabilityAmt0180858224
IRS990ScheduleD/TotalRevenuePerForm990Amt09244888
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09424940
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08928484
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two officers are married to each other.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft copy of the tax return is reviewed and approved by the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Officers, directors and key employees are required to disclose any conflicts of interest. The organization adheres to the Standards of Conduct for Staff policy and Credit Union Governance policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A compensation committee, consisting of the Board Members, determines CEO salary with reference to CUNA and CCUL compensation surveys. Board approval of the committee recommendation is required.

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$197,366,922
Liabilities
$181,747,096
Net assets
$15,619,826
Revenue
$9,244,888
Expenses
$8,928,484
Net income
$316,404
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$160$20.4$11.6$11.9$0.33
2023Detailed filing. Detailed filing data is available for this year.$196$176$20.1$9.99$10.4$0.36
2022Detailed filing. Detailed filing data is available for this year.$219$200$19.8$9.46$8.87$0.59
2021Detailed filing. Detailed filing data is available for this year.$223$201$21.5$9.85$8.55$1.30
2020Detailed filing. Detailed filing data is available for this year.$216$195$20.6$9.91$9.36$0.56
2019Detailed filing. Detailed filing data is available for this year.$188$171$17.1$10.3$9.84$0.49
2018Detailed filing. Detailed filing data is available for this year.$195$179$16.5$10.1$9.70$0.40
2017Detailed filing. Detailed filing data is available for this year.$203$186$16.1$9.47$8.90$0.57
2016Detailed filing. Detailed filing data is available for this year.$197$182$15.6$9.24$8.93$0.32
2015Detailed filing. Detailed filing data is available for this year.$194$178$15.1$8.92$8.65$0.27
2014Detailed filing. Detailed filing data is available for this year.$192$177$14.9$9.36$8.89$0.47
2013Detailed filing. Detailed filing data is available for this year.$190$176$14.0$9.18$8.81$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$189$174$14.7$8.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$179$165$13.8$9.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$156$12.7$12.2