Civic Intelligence

Membersource Credit Union

990 • Fiscal year 2023 • EIN 74-1383158

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 01, 2024

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

50th percentile

0.90x

Higher debt load relative to assets than 50% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

17.62x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Net Margin

3rd percentile

-3.6%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

3rd percentile

$0

Higher top officer pay than 3% of similar nonprofits.

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

2023 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2023

Asset Growth

1st percentile

-11%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

5.7%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$196,162,100

Down $23,179,355 (-11%) from 2022

Net Assets

Up

$20,136,047

Up $350,780 (+1.8%) from 2022

Liabilities

Down

$176,026,053

Down $23,530,135 (-12%) from 2022

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin3rd percentile

Revenue

Up

$9,991,181

Up $534,468 (+5.7%) from 2022

Expenses

Up

$10,351,483

Up $1,485,917 (+17%) from 2022

Net Income

Down

-$360,302

Down $951,449 (-161%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2023

Assets$196,162,100
Liabilities$176,026,053
Net Assets$20,136,047
Open 2023 Filing

Operations Trend

Revenue Growth8th 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

2023

Revenue$9,991,181
Expenses$10,351,483
Net Income-$360,302
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 1, 2024
Return Version
2023v5.1
Gross Receipts
$9,991,181
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.

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$166,622,303$151,200,974▼ $15,421,329
Investments Other Securities$32,682,200$26,714,117▼ $5,968,083
Rtn Earn Endowment Incm Other Fnds$19,785,267$20,136,047▲ $350,780
Land, Buildings, and Equipment, Net$5,904,232$5,672,845▼ $231,387
Savings and Temporary Cash Investments$687,667$2,379,374▲ $1,691,707
Cash and Non-Interest-Bearing Accounts$4,936,205$1,894,448▼ $3,041,757
Prepaid Expenses and Deferred Charges$340,622$447,902▲ $107,280
Accounts Receivable$336,511$146,850▼ $189,661
Total Assets$219,341,455$196,162,100▼ $23,179,355
Other Assets Total$7,831,715$7,705,590▼ $126,125
Liabilities
Other Liabilities$198,105,807$172,966,146▼ $25,139,661
Accounts Payable and Accrued Expenses$1,450,381$2,059,907▲ $609,526
Mortgage Notes Payable Secured by Investment Property-$1,000,000-
Total Liabilities$199,556,188$176,026,053▼ $23,530,135
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,785,267$20,136,047▲ $350,780
Total Liabilities and Net Assets / Fund Balance$219,341,455$196,162,100▼ $23,179,355

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,816,632$2,924,546$5,741,178
Equipment$358,306$2,516,397$2,874,703
Land$2,491,856-$2,491,856
Leasehold Improvements$6,051$111,653$117,704
Other Securities$911,227--
Compensation and Service Providers
Top Officer Pay3rd percentile

Board Members and Trustees

NameTitle
Jeremy SmithChairman
Kenneth HarringtonPresidentceo
Patrick GibsonVice Chairman
Cassie ChiaroDirector
Eddie CorvinDirector
Ellen TarverDirector
Gay BaskinDirector
Cheri PeperSecretary
Joseph F HildenbrandTreasurer
Elvin TejadaVP Accounting
Bobbi PhelpsVP-branch Op
Samuel PhelpsVP-it
Diana FisherVP-marketing

Highest Paid Contractors

ContractorServicesLocationCompensation
Insperity INCEmployee Leasing19001 CRESCENT SPRINGS DRIVE, Kingwood, TX 77339$4,306,763
Rob Caesar TechnologiesIt Consulting27526 MEEKS BAY CT, Katy, TX 77494$168,295
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,467,417
Investment Income
$452,415
Other Revenue
$71,349
Change in Net Assets
$-360,302
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,351,483
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---$4,247,322
Interest---$1,475,874
Fees for Services Other---$1,160,718
Office Expenses---$939,282
Occupancy---$685,818
Other Expenses$127,005--$127,005
Travel---$53,379
All Other Expenses---$23,273
Insurance---$14,364
Total Functional Expenses$0$0$0$10,351,483
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$172,966,146
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

Officer directors etc family relationship Part VI line 2

“Two officers are married to each other”

Members or stockholder classes and rights Part VI line 6

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

Member election for additional members Part VI line 7A

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

Form 990 governing body review Part VI line 11

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

Conflict of interest policy compliance Part VI 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.”

CEO executive director top management comp Part VI 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.”

Governing documents etc available to public Part VI line 19

“Posted in branch office and upon request.”

Filing and Contact Details

Filer

Filer Name
Membersource Credit Union
EIN
74-1383158
Address
10100 RICHMOND AVE, HOUSTON, TX 77042

Signing Officer

Name
Elvin Tejada
Title
VP Accounting
Phone
7136274000
Signed
2024-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Harrington
Formed
2000
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
11

Preparer

Firm
Lisa N Jacobs CPA LLC
Address
125 STATE HIGHWAY 150 W STE B1, New Waverly, TX 77358
Preparer
Lisa N Jacobs
Phone
9362842126
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Professional and outside services $1,160,718.total other fees on form 990, part ix, line 11g, col a $1,160,718.”

Raw XML AppendixShowing 400 of 445 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/LandBldgEquipAccumDeprecAmt05552596
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05904232
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05672845
IRS990/LandBldgEquipCostOrOtherBssAmt011225441
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
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/MortgNotesPyblScrdInvstPropGrp/EOYAmt01000000
IRS990/NetAssetsOrFundBalancesBOYAmt019785267
IRS990/NetAssetsOrFundBalancesEOYAmt020136047
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0859503
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0685818
IRS990/OfficeExpensesGrp/TotalAmt0939282
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07831715
IRS990/OtherAssetsTotalGrp/EOYAmt07705590
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3EDUCATION AND PROMOTION
IRS990/OtherExpensesGrp/ProgramServicesAmt0548392
IRS990/OtherExpensesGrp/ProgramServicesAmt1586035
IRS990/OtherExpensesGrp/ProgramServicesAmt2490021
IRS990/OtherExpensesGrp/ProgramServicesAmt3127005
IRS990/OtherExpensesGrp/TotalAmt0548392
IRS990/OtherExpensesGrp/TotalAmt1586035
IRS990/OtherExpensesGrp/TotalAmt2490021
IRS990/OtherExpensesGrp/TotalAmt3127005
IRS990/OtherLiabilitiesGrp/BOYAmt0198105807
IRS990/OtherLiabilitiesGrp/EOYAmt0172966146
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISC OPERATING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt071349
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt071349
IRS990/OtherRevenueTotalAmt071349
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0166622303
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0151200974
IRS990/PartialLiquidationInd0false
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0340622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0447902
IRS990/PrincipalOfficerNm0KENNETH HARRINGTON
IRS990/PriorPeriodAdjustmentsAmt0-148421
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
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/RelatedOrExemptFuncIncomeAmt07035521
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11491719
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2639942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3300235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07035521
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11491719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2639942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3300235
IRS990/ProgSrvcAccomActy2Grp/Desc0SAVINGS, CDS, CHECKING & IRAS - 23,197 ACCOUNTS TOTALING $168,419,166.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0921283
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01823829
IRS990/ProgSrvcAccomActy3Grp/Desc0REAL ESTATE/MORTGAGE LOANS - 455 LOANS TOTALING $49,886,943
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt042095
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01972708
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0520481
IRS990/PYOtherExpensesAmt08865566
IRS990/PYOtherRevenueAmt072195
IRS990/PYProgramServiceRevenueAmt08864037
IRS990/PYRevenuesLessExpensesAmt0591147
IRS990/PYTotalExpensesAmt08865566
IRS990/PYTotalRevenueAmt09456713
IRS990/ReconcilationRevenueExpnssAmt0-360302
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05076538
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt019785267
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020136047
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0687667
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02379374
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02816632
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02924546
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05741178
IRS990ScheduleD/EquipmentGrp/BookValueAmt0358306
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02516397
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02874703
IRS990ScheduleD/LandGrp/BookValueAmt02491856
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02491856
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06051
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0111653
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0172966146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt021594365
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11683119
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2432518
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt393900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4250000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt51748988
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6911227
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FEDERAL AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN CUSO
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PERPETUAL CONTRIBUTED
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FEDERAL HOME LOAN BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc4QWIK RATE CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc5UBS CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc6CHARITABLE DONATION ACCT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05672845
IRS990ScheduleD/TotalBookValueSecuritiesAmt026714117
IRS990ScheduleD/TotalLiabilityAmt0172966146
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO 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 OFFICE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROFESSIONAL AND OUTSIDE SERVICES $1,160,718.TOTAL OTHER FEES ON FORM 990, PART IX, LINE 11G, COL A $1,160,718.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0219341455
IRS990/TotalAssetsEOYAmt0196162100
IRS990/TotalAssetsGrp/BOYAmt0219341455
IRS990/TotalAssetsGrp/EOYAmt0196162100
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt010351483
IRS990/TotalGrossUBIAmt071349
IRS990/TotalLiabilitiesBOYAmt0199556188
IRS990/TotalLiabilitiesEOYAmt0176026053
IRS990/TotalLiabilitiesGrp/BOYAmt0199556188
IRS990/TotalLiabilitiesGrp/EOYAmt0176026053
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt019785267
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020136047
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01959695
IRS990/TotalProgramServiceRevenueAmt09467417
IRS990/TotalReportableCompFromOrgAmt00

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$196,162,100
Liabilities
$176,026,053
Net assets
$20,136,047
Revenue
$9,991,181
Expenses
$10,351,483
Net income
-$360,302
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