Civic Intelligence

Membersource Credit Union

990 • Fiscal year 2024 • EIN 74-1383158

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 05, 2025

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

44th percentile

0.89x

Higher debt load relative to assets than 44% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

13.81x

Higher debt load relative to revenue than 35% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

5th percentile

-2.8%

Higher net margin than 5% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

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.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

2nd percentile

-8.2%

Faster asset growth than 2% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

16%

Faster revenue growth than 55% of similar nonprofits.

2024 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$180,088,432

Down $16,073,668 (-8.2%) from 2023

Net Assets

Up

$20,405,333

Up $269,286 (+1.3%) from 2023

Liabilities

Down

$159,683,099

Down $16,342,954 (-9.3%) from 2023

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin5th percentile

Revenue

Up

$11,565,598

Up $1,574,417 (+16%) from 2023

Expenses

Up

$11,892,365

Up $1,540,882 (+15%) from 2023

Net Income

Up

-$326,767

Up $33,535 (+9.3%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2024

Assets$180,088,432
Liabilities$159,683,099
Net Assets$20,405,333
Open 2024 Filing

Operations Trend

Revenue Growth55th 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

2024

Revenue$11,565,598
Expenses$11,892,365
Net Income-$326,767
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 5, 2025
Return Version
2024v5.2
Gross Receipts
$11,565,598
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$151,200,974$131,426,256▼ $19,774,718
Rtn Earn Endowment Incm Other Fnds$20,136,047$20,405,333▲ $269,286
Investments Other Securities$26,714,117$19,301,863▼ $7,412,254
Savings and Temporary Cash Investments$2,379,374$14,187,880▲ $11,808,506
Land, Buildings, and Equipment, Net$5,672,845$5,472,716▼ $200,129
Cash and Non-Interest-Bearing Accounts$1,894,448$2,279,071▲ $384,623
Prepaid Expenses and Deferred Charges$447,902$424,826▼ $23,076
Accounts Receivable$146,850$109,419▼ $37,431
Total Assets$196,162,100$180,088,432▼ $16,073,668
Other Assets Total$7,705,590$6,886,401▼ $819,189
Liabilities
Other Liabilities$172,966,146$158,292,440▼ $14,673,706
Accounts Payable and Accrued Expenses$2,059,907$1,390,659▼ $669,248
Mortgage Notes Payable Secured by Investment Property$1,000,000--
Total Liabilities$176,026,053$159,683,099▼ $16,342,954
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,136,047$20,405,333▲ $269,286
Total Liabilities and Net Assets / Fund Balance$196,162,100$180,088,432▼ $16,073,668

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,658,398$3,084,551$5,742,949
Equipment$319,602$2,540,492$2,860,094
Land$2,491,874-$2,491,874
Leasehold Improvements$2,842$114,862$117,704
Other Securities$113,005--
Compensation and Service Providers
Top Officer Pay3rd percentile

Board Members and Trustees

NameTitle
Patrick GibsonChairman
Kenneth HarringtonPresidentceo
Eddie CorvinVice Chairman
Cassie ChiaroDirector
Ellen TarverDirector
Gay BaskinDirector
Jeremy SmithDirector
Cheri PeperSecretary
Joseph F HildenbrandTreasurer
Elvin TejadaVP Accounting
Cody JohnsonVP of Lending
Bobbi PhelpsVP-branch Op
Samuel PhelpsVP-it
Diana FisherVP-marketing

Highest Paid Contractors

ContractorServicesLocationCompensation
Insperity INCEmployee Leasing19001 CRESCENT SPRINGS DRIVE, Kingwood, TX 77339$4,081,527
Rob Caesar TechnologiesIt Consulting27526 MEEKS BAY CT, Katy, TX 77494$187,969
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,907,157
Investment Income
$1,592,682
Other Revenue
$65,759
Change in Net Assets
$-326,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,892,365
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---$4,166,620
Interest---$2,378,678
Fees for Services Other---$1,179,186
Office Expenses---$969,812
Occupancy---$719,447
Other Expenses$102,635--$102,635
Travel---$31,276
All Other Expenses---$25,246
Insurance---$14,740
Total Functional Expenses$0$0$0$11,892,365
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$158,292,440
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
In Care Of
% ELVIN TEJADA
Phone
7136274000
Address
10100 RICHMOND AVE, HOUSTON, TX 77042

Signing Officer

Name
Elvin Tejada
Title
VP Accounting
Phone
7136274000
Signed
2025-09-05
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 $1,179,186.total other fees on form 990, part ix, line 11g, col a $1,179,186.”

Raw XML AppendixShowing 400 of 457 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/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt014740
IRS990/InterestGrp/TotalAmt02378678
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01592682
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01592682
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt026714117
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019301863
IRS990/IRPDocumentCnt01904
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05739905
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05672845
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05472716
IRS990/LandBldgEquipCostOrOtherBssAmt011212621
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/BOYAmt01000000
IRS990/NetAssetsOrFundBalancesBOYAmt020136047
IRS990/NetAssetsOrFundBalancesEOYAmt020405333
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0596053
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0719447
IRS990/OfficeExpensesGrp/TotalAmt0969812
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07705590
IRS990/OtherAssetsTotalGrp/EOYAmt06886401
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3EDUCATION AND PROMOTION
IRS990/OtherExpensesGrp/ProgramServicesAmt0950142
IRS990/OtherExpensesGrp/ProgramServicesAmt1878527
IRS990/OtherExpensesGrp/ProgramServicesAmt2476056
IRS990/OtherExpensesGrp/ProgramServicesAmt3102635
IRS990/OtherExpensesGrp/TotalAmt0950142
IRS990/OtherExpensesGrp/TotalAmt1878527
IRS990/OtherExpensesGrp/TotalAmt2476056
IRS990/OtherExpensesGrp/TotalAmt3102635
IRS990/OtherLiabilitiesGrp/BOYAmt0172966146
IRS990/OtherLiabilitiesGrp/EOYAmt0158292440
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISC OPERATING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065759
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt065759
IRS990/OtherRevenueTotalAmt065759
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0151200974
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0131426256
IRS990/PartialLiquidationInd0false
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0447902
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0424826
IRS990/PrincipalOfficerNm0KENNETH HARRINGTON
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/RelatedOrExemptFuncIncomeAmt07461856
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11549214
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2615418
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3280669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07461856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11549214
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2615418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3280669
IRS990/ProgSrvcAccomActy2Grp/Desc0SAVINGS, CDS, CHECKING & IRAS - 20,445 ACCOUNTS TOTALING $158,075,888.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0897972
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01864515
IRS990/ProgSrvcAccomActy3Grp/Desc0REAL ESTATE/MORTGAGE LOANS - 464 LOANS TOTALING $51,677,573
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt043249
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02471914
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0452415
IRS990/PYOtherExpensesAmt010351483
IRS990/PYOtherRevenueAmt071349
IRS990/PYProgramServiceRevenueAmt09467417
IRS990/PYRevenuesLessExpensesAmt0-360302
IRS990/PYTotalExpensesAmt010351483
IRS990/PYTotalRevenueAmt09991181
IRS990/ReconcilationRevenueExpnssAmt0-326767
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05005941
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020136047
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020405333
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02379374
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014187880
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02658398
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03084551
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05742949
IRS990ScheduleD/EquipmentGrp/BookValueAmt0319602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02540492
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02860094
IRS990ScheduleD/LandGrp/BookValueAmt02491874
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02491874
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02842
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114862
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0158292440
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt016736992
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11974613
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2378453
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt398800
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4113005
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FEDERAL AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN CUSO
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PERPETUAL CONTRIBUTED
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FEDERAL HOME LOAN BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc4UBS CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc5CHARITABLE DONATION ACCT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05472716
IRS990ScheduleD/TotalBookValueSecuritiesAmt019301863
IRS990ScheduleD/TotalLiabilityAmt0158292440
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 $1,179,186.TOTAL OTHER FEES ON FORM 990, PART IX, LINE 11G, COL A $1,179,186.
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/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0196162100
IRS990/TotalAssetsEOYAmt0180088432
IRS990/TotalAssetsGrp/BOYAmt0196162100
IRS990/TotalAssetsGrp/EOYAmt0180088432
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt011892365
IRS990/TotalGrossUBIAmt065759
IRS990/TotalLiabilitiesBOYAmt0176026053
IRS990/TotalLiabilitiesEOYAmt0159683099
IRS990/TotalLiabilitiesGrp/BOYAmt0176026053
IRS990/TotalLiabilitiesGrp/EOYAmt0159683099

Document Assets

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Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$180,088,432
Liabilities
$159,683,099
Net assets
$20,405,333
Revenue
$11,565,598
Expenses
$11,892,365
Net income
-$326,767
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