Civic Intelligence

Membersource Credit Union

990 • Fiscal year 2019 • EIN 74-1383158

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

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

82nd percentile

0.91x

Higher debt load relative to assets than 82% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

16.54x

Higher debt load relative to revenue than 51% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

12th percentile

4.7%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

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.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

4th percentile

-3.8%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

2.2%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$187,863,919

Down $7,520,328 (-3.8%) from 2018

Net Assets

Up

$17,102,718

Up $571,791 (+3.5%) from 2018

Liabilities

Down

$170,761,201

Down $8,092,119 (-4.5%) from 2018

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin12th percentile

Revenue

Up

$10,325,648

Up $224,305 (+2.2%) from 2018

Expenses

Up

$9,839,586

Up $141,220 (+1.5%) from 2018

Net Income

Up

$486,062

Up $83,085 (+21%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2019

Assets$187,863,919
Liabilities$170,761,201
Net Assets$17,102,718
Open 2019 Filing

Operations Trend

Revenue Growth13th 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

2019

Revenue$10,325,648
Expenses$9,839,586
Net Income$486,062
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$10,347,707
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$153,745,360$151,626,923▼ $2,118,437
Investments Other Securities$24,198,445$18,703,836▼ $5,494,609
Savings and Temporary Cash Investments$6,566,515$6,305,322▼ $261,193
Land, Buildings, and Equipment, Net$6,282,023$6,241,887▼ $40,136
Cash and Non-Interest-Bearing Accounts$1,372,841$1,769,269▲ $396,428
Accounts Receivable$535,652$593,027▲ $57,375
Prepaid Expenses and Deferred Charges$304,199$264,077▼ $40,122
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$195,384,247$187,863,919▼ $7,520,328
Other Assets Total$2,379,212$2,359,578▼ $19,634
Liabilities
Other Liabilities$177,823,412$169,136,161▼ $8,687,251
Accounts Payable and Accrued Expenses$1,029,908$1,625,040▲ $595,132
Total Liabilities$178,853,320$170,761,201▼ $8,092,119
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,530,927$17,102,718▲ $571,791
Total Liabilities and Net Assets / Fund Balance$195,384,247$187,863,919▼ $7,520,328

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,307,455$2,367,284$5,674,739
Equipment$396,074$4,146,465$4,542,539
Land$2,491,856-$2,491,856
Leasehold Improvements$46,502$66,466$112,968
Other Securities$2,482,823--
Compensation and Service Providers
Top Officer Pay2nd percentile

Board Members and Trustees

NameTitle
Ellen TarverChairman
Kenny HarringtonPresident/CEO
Jeremy SmithVice Chairman
Arthur RichardsonDirector
David BerryDirector
Gay BaskinDirector
Patrick GibsonDirector
Richard PattonDirector
Leon DavisCFO
Cheri PeperSecretary
Joseph F HildenbrandTreasurer
Bobbi PhelpsVP-branch Op
Kelly BrinkVP-CLO
Samuel PhelpsVP-it
Diana FisherVP-marketing

Highest Paid Contractors

ContractorServicesLocationCompensation
Insperity INCEmployee Leasing19001 CRESCENT SPRINGS DRIVE, Kingwood, TX 77339$4,073,107
Rob Caesar TechnologiesIt Consulting27526 MEEKS BAY CT, Katy, TX 77494$119,674
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,615,674
Investment Income
$567,010
Other Revenue
$142,964
Change in Net Assets
$486,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,839,586
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---$4,138,094
Fees for Services Other---$1,008,642
Office Expenses---$889,647
Occupancy---$696,198
Interest---$615,237
Other Expenses---$146,709
Travel---$55,537
All Other Expenses---$25,277
Insurance---$8,112
Total Functional Expenses$0$0$0$9,839,586
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 Shares$169,136,161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Line 2 explanation - two officers are married to each other.”

Form 990, Part VI, Section A, Line 6

“Credit unions are member-owned organizations. Each membersource credit union member owns (1) $5.00 voting share.”

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

“The credit union follows a democratic process where every member gets one vote.”

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

“Line 11b explanation - a draft copy of the tax return is reviewed and approved by the board of directors prior to filing.”

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

“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, Section B, Line 15A

“The executive committee, consisting of board members, determines ceo salary with reference to cues and ccul compensation surveys. The executive committee will then communicate the new ceo salary to the complete board.”

Form 990, Part VI, Section C, Line 19

“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
Phone
7136274000
Signed
2020-11-05
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
13

Preparer

Firm
Briggs & Veselka Co Llp
Address
1610 WOODSTEAD COURT SUITE 455, THE WOODLANDS, TX 77380
Preparer
Kevin J Lovins
Phone
2813629732
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional and outside services 1,008,642.”

Raw XML AppendixShowing 400 of 464 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01029908
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01625040
IRS990/AccountsReceivableGrp/BOYAmt0535652
IRS990/AccountsReceivableGrp/EOYAmt0593027
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MEMBERSOURCE CREDIT UNION WILL CONSISTENTLY MEET MEMBERS' NEEDS BY PROVIDING PERSONAL QUALITY SERVICE IN A PROFESSIONAL ENVIRONMENT THROUGH MOTIVATED EMPLOYEES.
IRS990/AllOtherExpensesGrp/TotalAmt025277
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LEON DAVIS
IRS990/BooksInCareOfDetail/PhoneNum07136274000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010100 RICHMOND AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077042
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01372841
IRS990/CashNonInterestBearingGrp/EOYAmt01769269
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt04073107
IRS990/ContractorCompensationGrp/CompensationAmt1119674
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt019001 CRESCENT SPRINGS DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt127526 MEEKS BAY CT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0KINGWOOD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1KATY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd077339
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd177494
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0INSPERITY INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ROB CAESAR TECHNOLOGIES
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYEE LEASING
IRS990/ContractorCompensationGrp/ServicesDesc1IT CONSULTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0567010
IRS990/CYOtherExpensesAmt09839586
IRS990/CYOtherRevenueAmt0142964
IRS990/CYProgramServiceRevenueAmt09615674
IRS990/CYRevenuesLessExpensesAmt0486062
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt09839586
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010325648
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CONSUMER LOANS - 12,016 LOANS TOTALING $108,149,780
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt01632436
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/TotalAmt04138094
IRS990/FeesForServicesOtherGrp/TotalAmt01008642
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0PATRICK GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JEREMY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD PATTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ELLEN TARVER
IRS990/Form990PartVIISectionAGrp/PersonNm4CHERI PEPER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH F HILDENBRAND
IRS990/Form990PartVIISectionAGrp/PersonNm6GAY BASKIN
IRS990/Form990PartVIISectionAGrp/PersonNm7ARTHUR RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm9KENNY HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm10KELLY BRINK
IRS990/Form990PartVIISectionAGrp/PersonNm11DIANA FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm12BOBBI PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm13SAMUEL PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm14LEON DAVIS
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/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP-CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP-MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP-BRANCH OP
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-IT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-22059
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010347707
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt08112
IRS990/InterestGrp/TotalAmt0615237
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0589069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0589069
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt024198445
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018703836
IRS990/IRPDocumentCnt02092
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06580215
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06282023
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06241887
IRS990/LandBldgEquipCostOrOtherBssAmt012822102
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt022059
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MEMBERSOURCE CREDIT UNION WILL CONSISTENTLY MEET MEMBERS' NEEDS BY PROVIDING PERSONAL QUALITY SERVICE IN A PROFESSIONAL ENVIRONMENT THROUGH MOTIVATED EMPLOYEES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016530927
IRS990/NetAssetsOrFundBalancesEOYAmt017102718
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-22059
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-22059
IRS990/NetUnrelatedBusTxblIncmAmt0-127965
IRS990/NetUnrlzdGainsLossesInvstAmt085729
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0696198
IRS990/OfficeExpensesGrp/TotalAmt0889647
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02379212
IRS990/OtherAssetsTotalGrp/EOYAmt02359578
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3EDUCATION AND PROMOTION
IRS990/OtherExpensesGrp/TotalAmt01273453
IRS990/OtherExpensesGrp/TotalAmt1522959
IRS990/OtherExpensesGrp/TotalAmt2459721
IRS990/OtherExpensesGrp/TotalAmt3146709
IRS990/OtherLiabilitiesGrp/BOYAmt0177823412
IRS990/OtherLiabilitiesGrp/EOYAmt0169136161
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISC OPERATING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0142964
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0142964
IRS990/OtherRevenueTotalAmt0142964
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0153745360
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0151626923
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0304199
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0264077
IRS990/PrincipalOfficerNm0LEON DAVIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2ATM INCOME
IRS990/ProgramServiceRevenueGrp/Desc3CREDIT CARD INTERCHANGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06907262
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11681166
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2736713
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3290533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06907262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11681166
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2736713
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3290533
IRS990/ProgSrvcAccomActy2Grp/Desc0REAL ESTATE/ MORTGAGE LOANS - 573 LOANS TOTALING $44,703,825
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt033921
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02125974
IRS990/ProgSrvcAccomActy3Grp/Desc0SAVINGS, CDS, CHECKING & IRAS - 27,184 ACCOUNTS TOTALING $169,081,922. ATM AND INTERCHANGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0944616
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01861944
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INVESTMENT INCOME
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0589069
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0691315
IRS990/PYOtherExpensesAmt09698366
IRS990/PYOtherRevenueAmt0367704
IRS990/PYProgramServiceRevenueAmt09042324
IRS990/PYRevenuesLessExpensesAmt0402977
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt09698366
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010101343
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0486062
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05051091
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06566515
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06305322
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03307455
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02367284
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05674739
IRS990ScheduleD/EquipmentGrp/BookValueAmt0396074
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04146465
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04542539
IRS990ScheduleD/LandGrp/BookValueAmt02491856
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02491856
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt046502
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066466
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0112968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0169136161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01771410
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11218300
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2422208
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt383900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt412725195
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt52482823
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FEDERAL AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN CUSO
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PEPERTUAL CONTRIBUTED CAPITAL AT CCU
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FEDERAL HOME LOAN BANK STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc4QWIK RATE CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc5UBS CDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06241887
IRS990ScheduleD/TotalBookValueSecuritiesAmt018703836
IRS990ScheduleD/TotalLiabilityAmt0169136161
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2 EXPLANATION - TWO OFFICERS ARE MARRIED TO EACH OTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT UNIONS ARE MEMBER-OWNED ORGANIZATIONS. EACH MEMBERSOURCE CREDIT UNION MEMBER OWNS (1) $5.00 VOTING SHARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION FOLLOWS A DEMOCRATIC PROCESS WHERE EVERY MEMBER GETS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 11B EXPLANATION - A DRAFT COPY OF THE TAX RETURN IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS, 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/ExplanationTxt5THE EXECUTIVE COMMITTEE, CONSISTING OF BOARD MEMBERS, DETERMINES CEO SALARY WITH REFERENCE TO CUES AND CCUL COMPENSATION SURVEYS. THE EXECUTIVE COMMITTEE WILL THEN COMMUNICATE THE NEW CEO SALARY TO THE COMPLETE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTED IN BRANCH OFFICES AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROFESSIONAL AND OUTSIDE SERVICES 1,008,642.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0195384247
IRS990/TotalAssetsEOYAmt0187863919
IRS990/TotalAssetsGrp/BOYAmt0195384247
IRS990/TotalAssetsGrp/EOYAmt0187863919
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt09839586
IRS990/TotalGrossUBIAmt0142964
IRS990/TotalLiabilitiesBOYAmt0178853320
IRS990/TotalLiabilitiesEOYAmt0170761201

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$187,863,919
Liabilities
$170,761,201
Net assets
$17,102,718
Revenue
$10,325,648
Expenses
$9,839,586
Net income
$486,062
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