Civic Intelligence

Nce Credit Union

990 • Fiscal year 2013 • EIN 74-1383594

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 08, 2014

Organization ProfileWWW.NCECREDIT UNION.NET
901 Leopard Suite 11478401

(361) 882-4780

Siviq Scores

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

Liabilities / Assets

38th percentile

0.80x

Higher debt load relative to assets than 38% of similar nonprofits.

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

Liabilities / Revenue

24th percentile

11.53x

Higher debt load relative to revenue than 24% of similar nonprofits.

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

Net Margin

74th percentile

9.0%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

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

Asset Growth

71st percentile

3.7%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2013 filings • $1M-$5M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$4,464,007

Up $159,091 (+3.7%) from 2012

Net Assets

Up

$894,544

Up $27,768 (+3.2%) from 2012

Liabilities

Up

$3,569,463

Up $131,323 (+3.8%) from 2012

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin74th percentile

Revenue

Down

$309,488

Down $38,626 (-11%) from 2012

Expenses

Down

$281,720

Down $18,401 (-6.1%) from 2012

Net Income

Down

$27,768

Down $20,225 (-42%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,001,341Liabilities 2010: $3,255,015Net Assets 2010: $746,3262010Assets 2011: $4,234,747Liabilities 2011: $3,415,964Net Assets 2011: $818,7832011Assets 2012: $4,304,916Liabilities 2012: $3,438,140Net Assets 2012: $866,7762012Assets 2013: $4,464,007Liabilities 2013: $3,569,463Net Assets 2013: $894,5442013Assets 2014: $4,803,707Liabilities 2014: $3,888,633Net Assets 2014: $915,0742014Assets 2015: $4,963,241Liabilities 2015: $4,016,546Net Assets 2015: $946,6952015Assets 2016: $5,379,392Liabilities 2016: $4,390,706Net Assets 2016: $988,6862016Assets 2017: $5,382,502Liabilities 2017: $4,358,512Net Assets 2017: $1,023,9902017Assets 2018: $5,085,655Liabilities 2018: $4,036,731Net Assets 2018: $1,048,9242018Assets 2019: $5,153,728Liabilities 2019: $4,101,545Net Assets 2019: $1,052,1832019Assets 2020: $5,424,758Liabilities 2020: $4,388,547Net Assets 2020: $1,036,2112020Assets 2021: $5,422,740Liabilities 2021: $4,342,265Net Assets 2021: $1,080,4752021Assets 2022: $5,289,022Liabilities 2022: $4,174,361Net Assets 2022: $1,114,6612022Assets 2023: $5,387,978Liabilities 2023: $4,209,353Net Assets 2023: $1,178,6252023Assets 2024: $5,608,470Liabilities 2024: $4,411,569Net Assets 2024: $1,196,9012024

Highlighted filing

2013

Assets$4,464,007
Liabilities$3,569,463
Net Assets$894,544
Open 2013 Filing

Operations Trend

Revenue Growth21st percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $281,8272010Expenses 2011: $285,0692011Revenue 2012: $348,114Expenses 2012: $300,121Net Income 2012: $47,9932012Revenue 2013: $309,488Expenses 2013: $281,720Net Income 2013: $27,7682013Revenue 2014: $312,014Expenses 2014: $291,484Net Income 2014: $20,5302014Revenue 2015: $321,671Expenses 2015: $290,050Net Income 2015: $31,6212015Revenue 2016: $349,988Expenses 2016: $307,997Net Income 2016: $41,9912016Revenue 2017: $359,000Expenses 2017: $323,696Net Income 2017: $35,3042017Revenue 2018: $345,623Expenses 2018: $320,689Net Income 2018: $24,9342018Revenue 2019: $345,297Expenses 2019: $338,189Net Income 2019: $7,1082019Revenue 2020: $317,786Expenses 2020: $333,225Net Income 2020: -$15,4392020Revenue 2021: $321,604Expenses 2021: $277,340Net Income 2021: $44,2642021Revenue 2022: $336,992Expenses 2022: $302,805Net Income 2022: $34,1872022Revenue 2023: $384,912Expenses 2023: $320,948Net Income 2023: $63,9642023Revenue 2024: $413,726Expenses 2024: $395,450Net Income 2024: $18,2762024

Highlighted filing

2013

Revenue$309,488
Expenses$281,720
Net Income$27,768
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 8, 2014
Return Version
2013v3.1
Gross Receipts
$309,488
Mission and Program Overview

Mission

Establish and maintain a properly managed credit union operating at maximum financial levels and rendering prompt, courteous service for all members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,463,897$3,112,328▲ $648,431
Investments Program Related$1,388,725$1,126,439▼ $262,286
Rtn Earn Endowment Incm Other Fnds$866,776$894,544▲ $27,768
Cash and Non-Interest-Bearing Accounts$397,218$173,155▼ $224,063
Land, Buildings, and Equipment, Net$12,154$8,642▼ $3,512
Prepaid Expenses and Deferred Charges$2,609$1,821▼ $788
Accounts Receivable$56$678▲ $622
Total Assets$4,304,916$4,464,007▲ $159,091
Other Assets Total$40,257$40,944▲ $687
Liabilities
Other Liabilities$3,427,364$3,552,620▲ $125,256
Accounts Payable and Accrued Expenses$10,776$16,843▲ $6,067
Total Liabilities$3,438,140$3,569,463▲ $131,323
Net Assets / Fund Balance
Total Net Assets Fund Balance$866,776$894,544▲ $27,768
Total Liabilities and Net Assets / Fund Balance$4,304,916$4,464,007▲ $159,091

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,642$61,206$69,848
Investment Program Related Org$-3,386--
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Juan M EscobarChairman
Irene M HerreraVice Chairma
Jose MartinezDirector
Ramon Herrera IiiDirector
Brenda K NunezSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$265,685
Investment Income
$17,493
Other Revenue
$26,310
Change in Net Assets
$27,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$161,879
Other Expenses$99,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,129--$80,129
Current Officers, Directors, Trustees, and Key Employees$51,263--$51,263
Office Expenses$44,627--$44,627
Benefits to Members$20,325--$20,325
Other Employee Benefits$12,142--$12,142
Payroll Taxes$10,414--$10,414
Insurance$8,322--$8,322
Pension Plan Contributions$7,931--$7,931
Fees for Services Other$5,559--$5,559
Occupancy$4,200--$4,200
Depreciation Depletion$3,513--$3,513
Conferences and Meetings$2,821--$2,821
Other Expenses$2,809--$2,809
All Other Expenses$2,054--$2,054
Fees for Services Legal$600--$600
Advertising$209--$209
Total Functional Expenses$281,720$0$0$281,720
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/deposits$3,552,620
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Nce is a state chartered credit union comprised of owner/members from a common field of membership and who have paid into their share accounts a board approved minimum membership fee.”

Form 990, Page 6, Part VI, Line 7A

“Member hold annual meeetings at which time the members present elect open positions for board of directors.”

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

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

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

“All board of directors and key employees are required to file an annual conflict of interest disclosure statement. The credit union monitors these statements to determine any outside entity activity and the nature of such interest.”

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

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

Form 990, Page 6, Part VI, Line 19

“The credit union posts its financial statements in the cu lobby for all members to review. Tghe governance documents and conflicts of interest statements are available in the cu office for review upon request.”

Filing and Contact Details

Filer

EIN
74-1383594
Phone
3618824780

Signing Officer

Name
Veronica Mahzoon-hagheghi
Title
Manager/CEO
Phone
3618824780
Signed
2014-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Veronica Mahzoon-hagheghi
Formed
1966
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Preparer
Angel R Lema CPA
Phone
2102124822
Supplemental Narrative

Additional Explanations

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

“Nce continues to give excellent dividend rates on shares all members were given the opportunity to purchase vehicles with 100% financing regardless of credit score during the moonth of september. Customer relations are so sound with us that they come to us with all of their problems”

Raw XML Appendix359 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010776
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016843
IRS990/AccountsReceivableGrp/BOYAmt056
IRS990/AccountsReceivableGrp/EOYAmt0678
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ESTABLISH AND MAINTAIN A PROPERLY MANAGED CREDIT UNION OPERATING AT MAXIMUM FINANCIAL LEVELS AND RENDERING PROMPT, COURTEOUS SERVICE FOR ALL MEMBERS.
IRS990/AdvertisingGrp/ProgramServicesAmt0209
IRS990/AdvertisingGrp/TotalAmt0209
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02054
IRS990/AllOtherExpensesGrp/TotalAmt02054
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt020325
IRS990/BenefitsToMembersGrp/TotalAmt020325
IRS990/BooksInCareOfDetail/PersonNm0VERONICA MAHZOON-HAGHEGHI
IRS990/BooksInCareOfDetail/PhoneNum03618824780
IRS990/BooksInCareOfDetail/USAddress/AddressLine10901 LEOPARD SUITE 1114
IRS990/BooksInCareOfDetail/USAddress/City0CORPUS CHRISTI
IRS990/BooksInCareOfDetail/USAddress/State0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCode078401
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0397218
IRS990/CashNonInterestBearingGrp/EOYAmt0173155
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt051263
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt051263
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02821
IRS990/ConferencesMeetingsGrp/TotalAmt02821
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt020325
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017493
IRS990/CYOtherExpensesAmt099516
IRS990/CYOtherRevenueAmt026310
IRS990/CYProgramServiceRevenueAmt0265685
IRS990/CYRevenuesLessExpensesAmt027768
IRS990/CYSalariesCompEmpBnftPaidAmt0161879
IRS990/CYTotalExpensesAmt0281720
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0309488
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03513
IRS990/DepreciationDepletionGrp/TotalAmt03513
IRS990/Desc0REFER TO SCHEDULE O FOR YEAR 2013 ACCOMPLISHMENTS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0600
IRS990/FeesForServicesLegalGrp/TotalAmt0600
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05559
IRS990/FeesForServicesOtherGrp/TotalAmt05559
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JUAN M ESCOBAR
IRS990/Form990PartVIISectionAGrp/PersonNm1IRENE M HERRERA
IRS990/Form990PartVIISectionAGrp/PersonNm2BRENDA K NUNEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSE MARTINEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4RAMON HERRERA III
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0309488
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt08322
IRS990/InsuranceGrp/TotalAmt08322
IRS990/InvestmentIncomeGrp/ExclusionAmt017493
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017493
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01388725
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01126439
IRS990/IRPDocumentCnt0158
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt061206
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012154
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08642
IRS990/LandBldgEquipCostOrOtherBssAmt069848
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt035
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt035
IRS990/MissionDesc0ESTABLISH AND MAINTAIN A PROPERLY MANAGED CREDIT UNION OPERATING AT MAXIMUM FINANCIAL LEVELS AND RENDERING PROMPT, COURTEOUS SERVICE FOR ALL MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0866776
IRS990/NetAssetsOrFundBalancesEOYAmt0894544
IRS990/NetUnrelatedBusTxblIncmAmt015994
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt04200
IRS990/OccupancyGrp/TotalAmt04200
IRS990/OfficeExpensesGrp/ProgramServicesAmt044627
IRS990/OfficeExpensesGrp/TotalAmt044627
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040257
IRS990/OtherAssetsTotalGrp/EOYAmt040944
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012142
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012142
IRS990/OtherExpensesGrp/Desc0CREDIT CARD PROGRAM
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc2TCUL DUES
IRS990/OtherExpensesGrp/Desc3NCUSIF ASSESSMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt016000
IRS990/OtherExpensesGrp/ProgramServicesAmt14800
IRS990/OtherExpensesGrp/ProgramServicesAmt24002
IRS990/OtherExpensesGrp/ProgramServicesAmt32809
IRS990/OtherExpensesGrp/TotalAmt016000
IRS990/OtherExpensesGrp/TotalAmt14800
IRS990/OtherExpensesGrp/TotalAmt24002
IRS990/OtherExpensesGrp/TotalAmt32809
IRS990/OtherLiabilitiesGrp/BOYAmt03427364
IRS990/OtherLiabilitiesGrp/EOYAmt03552620
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0PLASTIC CARD CHARGES
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE/GAP REIMBURSE.
IRS990/OtherRevenueMiscGrp/Desc2CASHIERS CHECKS
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017993
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17586
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2696
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt017993
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt17586
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt2696
IRS990/OtherRevenueTotalAmt026310
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080129
IRS990/OtherSalariesAndWagesGrp/TotalAmt080129
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02463897
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03112328
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt010414
IRS990/PayrollTaxesGrp/TotalAmt010414
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07931
IRS990/PensionPlanContributionsGrp/TotalAmt07931
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02609
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01821
IRS990/PrincipalOfficerNm0VERONICA MAHZOON-HAGHEGHI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2MISC.OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186260
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186260
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt176720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22705
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NCE CONTINUES TO GIVE EXCELLENT DIVIDEND RATES ON SHARES ALL MEMBERS WERE GIVEN THE OPPORTUNITY TO PURCHASE VEHICLES WITH 100% FINANCING REGARDLESS OF CREDIT SCORE DURING THE MOONTH OF SEPTEMBER. CUSTOMER RELATIONS ARE SO SOUND WITH US THAT THEY COME TO US WITH ALL OF THEIR PROBLEMS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0281720
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt023075
IRS990/PYInvestmentIncomeAmt030409
IRS990/PYOtherExpensesAmt0116849
IRS990/PYOtherRevenueAmt038906
IRS990/PYProgramServiceRevenueAmt0278799
IRS990/PYRevenuesLessExpensesAmt047993
IRS990/PYSalariesCompEmpBnftPaidAmt0160197
IRS990/PYTotalExpensesAmt0300121
IRS990/PYTotalRevenueAmt0348114
IRS990/ReconcilationRevenueExpnssAmt027768
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0866776
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0894544
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt08642
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069848
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0895000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1234023
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2802
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3-3386
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERT. OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CATALYST FCU DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CAPITAL SHARES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3SETTLEMENT BALANCES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03552620
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES/DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08642
IRS990ScheduleD/TotalBookValueProgramRltdAmt01126439
IRS990ScheduleD/TotalLiabilityAmt03552620
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NCE CONTINUES TO GIVE EXCELLENT DIVIDEND RATES ON SHARES ALL MEMBERS WERE GIVEN THE OPPORTUNITY TO PURCHASE VEHICLES WITH 100% FINANCING REGARDLESS OF CREDIT SCORE DURING THE MOONTH OF SEPTEMBER. CUSTOMER RELATIONS ARE SO SOUND WITH US THAT THEY COME TO US WITH ALL OF THEIR PROBLEMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NCE IS A STATE CHARTERED CREDIT UNION COMPRISED OF OWNER/MEMBERS FROM A COMMON FIELD OF MEMBERSHIP AND WHO HAVE PAID INTO THEIR SHARE ACCOUNTS A BOARD APPROVED MINIMUM MEMBERSHIP FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBER HOLD ANNUAL MEEETINGS AT WHICH TIME THE MEMBERS PRESENT ELECT OPEN POSITIONS FOR BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. AFTER REVIEW AND DISCUSSION, THE FORM IS APPROVED FOR REMITTANCE TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE CREDIT UNION MONITORS THESE STATEMENTS TO DETERMINE ANY OUTSIDE ENTITY ACTIVITY AND THE NATURE OF SUCH INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS REVIEW THE COMPENSATION PAID TO THEIR KEY EMPLOYEES ON AN ANNUAL BASIS AND COMPARES COMPENSATION LEVE AGAINST INDUSTRY STANDARDS, CREDIT UNION SIZE, AND SERVICES. ALL DELIBERATIONS ARE FORMALLY RECORDED IN APPROPRIATE OFFICIAL MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION POSTS ITS FINANCIAL STATEMENTS IN THE CU LOBBY FOR ALL MEMBERS TO REVIEW. TGHE GOVERNANCE DOCUMENTS AND CONFLICTS OF INTEREST STATEMENTS ARE AVAILABLE IN THE CU OFFICE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04304916
IRS990/TotalAssetsEOYAmt04464007
IRS990/TotalAssetsGrp/BOYAmt04304916
IRS990/TotalAssetsGrp/EOYAmt04464007
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0281720
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281720
IRS990/TotalGrossUBIAmt026310
IRS990/TotalLiabilitiesBOYAmt03438140
IRS990/TotalLiabilitiesEOYAmt03569463
IRS990/TotalLiabilitiesGrp/BOYAmt03438140
IRS990/TotalLiabilitiesGrp/EOYAmt03569463
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0866776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0894544
IRS990/TotalOtherProgSrvcExpenseAmt0281720
IRS990/TotalProgramServiceExpensesAmt0281720
IRS990/TotalProgramServiceRevenueAmt0265685
IRS990/TotalRevenueGrp/ExclusionAmt017493
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0265685
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0309488
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt026310
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04304916
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04464007
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10901 LEOPARD SUITE 114
IRS990/USAddress/City0CORPUS CHRISTI
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode078401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.NCECREDIT UNION.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VERONICA MAHZOON-HAGHEGHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03618824780
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine10NCE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0NCEC
ReturnHeader/Filer/EIN0741383594
ReturnHeader/Filer/PhoneNum03618824780
ReturnHeader/Filer/USAddress/AddressLine10901 LEOPARD SUITE 114
ReturnHeader/Filer/USAddress/City0CORPUS CHRISTI
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LEMA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10610 E MARKET ST STE 2906
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0782052680
ReturnHeader/PreparerPersonGrp/PhoneNum02102124822
ReturnHeader/PreparerPersonGrp/PreparationDt02014-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGEL R LEMA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-03-14T15:10:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$4,464,007
Liabilities
$3,569,463
Net assets
$894,544
Revenue
$309,488
Expenses
$281,720
Net income
$27,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.61$4.41$1.20$0.41$0.40$0.02
2023Summary only. Only limited summary data is available for this year.$5.39$4.21$1.18$0.38$0.32$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$4.17$1.11$0.34$0.30$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$4.34$1.08$0.32$0.28$0.04
2020Summary only. Only limited summary data is available for this year.$5.42$4.39$1.04$0.32$0.33$0.02
2019Summary only. Only limited summary data is available for this year.$5.15$4.10$1.05$0.35$0.34$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$4.04$1.05$0.35$0.32$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$4.36$1.02$0.36$0.32$0.04
2016Summary only. Only limited summary data is available for this year.$5.38$4.39$0.99$0.35$0.31$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.96$4.02$0.95$0.32$0.29$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.80$3.89$0.92$0.31$0.29$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.46$3.57$0.89$0.31$0.28$0.03
2012Summary only. Only limited summary data is available for this year.$4.30$3.44$0.87$0.35$0.30$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$3.42$0.82$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$3.26$0.75$0.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $1M-$5M nonprofits