Civic Intelligence

Nce Credit Union

990 • Fiscal year 2016 • EIN 74-1383594

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 29, 2017

Organization ProfileWWW.NCECREDIT UNION.NET
901 Leopard Suite 114Corpus Christi, TX 78401

(361) 882-4780

Siviq Scores

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

Liabilities / Assets

29th percentile

0.82x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

12.55x

Higher debt load relative to revenue than 18% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Net Margin

75th percentile

12%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

16th percentile

$0

Higher top officer pay than 16% of similar nonprofits.

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

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Asset Growth

89th percentile

8.4%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

8.8%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets29th percentile

Assets

Flat

$5,379,392

Flat from 2016

Net Assets

Flat

$988,686

Flat from 2016

Liabilities

Flat

$4,390,706

Flat from 2016

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin75th percentile

Revenue

Flat

$349,988

Flat from 2016

Expenses

Flat

$307,997

Flat from 2016

Net Income

Flat

$41,991

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth89th 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 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

2016

Assets$5,379,392
Liabilities$4,390,706
Net Assets$988,686
Open 2016 Filing

Operations Trend

Revenue Growth82nd 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 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

2016

Revenue$349,988
Expenses$307,997
Net Income$41,991
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 29, 2017
Return Version
2016v3.0
Gross Receipts
$349,988
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$3,505,561$3,411,625▼ $93,936
Investments Program Related$855,110$1,193,276▲ $338,166
Rtn Earn Endowment Incm Other Fnds$946,695$988,686▲ $41,991
Cash and Non-Interest-Bearing Accounts$529,498$695,720▲ $166,222
Land, Buildings, and Equipment, Net$19,990$15,718▼ $4,272
Prepaid Expenses and Deferred Charges$9,176$13,038▲ $3,862
Total Assets$4,963,241$5,379,392▲ $416,151
Other Assets Total$43,906$50,015▲ $6,109
Liabilities
Other Liabilities$4,000,021$4,371,965▲ $371,944
Accounts Payable and Accrued Expenses$16,525$18,741▲ $2,216
Total Liabilities$4,016,546$4,390,706▲ $374,160
Net Assets / Fund Balance
Total Net Assets Fund Balance$946,695$988,686▲ $41,991
Total Liabilities and Net Assets / Fund Balance$4,963,241$5,379,392▲ $416,151

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,718$82,299$98,017
Investment Program Related Org$802--
Compensation and Service Providers
Top Officer Pay16th percentile

Board Members and Trustees

NameTitle
Juan M EscobarChairman
Irene M HerreraVice Chairma
Jo Ann BaltranDirector
Jose MartinezDirector
Brenda K NunezSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$338,269
Investment Income
$11,719
Other Revenue
$0
Change in Net Assets
$41,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,045
Other Expenses$113,643
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$141,228--$141,228
Office Expenses$41,897--$41,897
Other Employee Benefits$17,241--$17,241
Benefits to Members$16,309--$16,309
Payroll Taxes$11,134--$11,134
Insurance$9,341--$9,341
Pension Plan Contributions$8,442--$8,442
Fees for Services Other$8,367--$8,367
Depreciation Depletion$7,135--$7,135
All Other Expenses$5,665--$5,665
Occupancy$4,200--$4,200
Conferences and Meetings$3,975--$3,975
Other Expenses$3,487--$3,487
Fees for Services Legal$825--$825
Interest$209--$209
Advertising$114--$114
Total Functional Expenses$307,997$0$0$307,997
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$4,371,965
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. The governance documents and conflicts of interest statements are available in the cu office for review upon request.”

Filing and Contact Details

Filer

Filer Name
Nce Credit Union
EIN
74-1383594
Phone
3618824780
Address
901 LEOPARD SUITE 114, CORPUS CHRISTI, TX 78401

Signing Officer

Name
Veronica Mahzoon-hagheghi
Title
CEO
Phone
3618824780
Signed
2017-01-29
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

Firm
Lema & Associates
Address
610 E MARKET ST STE 2906, SAN ANTONIO, TX 78205-2680
Preparer
Angel R Lema CPA
Phone
2102124822
Supplemental Narrative

Additional Explanations

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

“Refer to exempt purpose accomplishments listed in part iii, page 2 of this return.”

Form 990, Page 5, Part V, Line 3B

“No unrelated taxable income recorded for the taxable year 2016.”

Raw XML Appendix353 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/BOYAmt016525
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018741
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/ProgramServicesAmt0114
IRS990/AdvertisingGrp/TotalAmt0114
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05665
IRS990/AllOtherExpensesGrp/TotalAmt05665
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt016309
IRS990/BenefitsToMembersGrp/TotalAmt016309
IRS990/BooksInCareOfDetail/PersonNm0VERONICA MAHZOON-HAGHEGHI
IRS990/BooksInCareOfDetail/PhoneNum03618824780
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 LEOPARD SUITE 1114
IRS990/BooksInCareOfDetail/USAddress/CityNm0CORPUS CHRISTI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078401
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0529498
IRS990/CashNonInterestBearingGrp/EOYAmt0695720
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03975
IRS990/ConferencesMeetingsGrp/TotalAmt03975
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt016309
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011719
IRS990/CYOtherExpensesAmt0113643
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0338269
IRS990/CYRevenuesLessExpensesAmt041991
IRS990/CYSalariesCompEmpBnftPaidAmt0178045
IRS990/CYTotalExpensesAmt0307997
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0349988
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07135
IRS990/DepreciationDepletionGrp/TotalAmt07135
IRS990/Desc0CREDIT UNION IS NOW ABLE TO RECEIVE NON-MEMBER DEPOSITS DUE TO LOW INCOME DESIGNATION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0209
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0825
IRS990/FeesForServicesLegalGrp/TotalAmt0825
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08367
IRS990/FeesForServicesOtherGrp/TotalAmt08367
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/PersonNm4JO ANN BALTRAN
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/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0349988
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09341
IRS990/InsuranceGrp/TotalAmt09341
IRS990/InterestGrp/ProgramServicesAmt0209
IRS990/InterestGrp/TotalAmt0209
IRS990/InvestmentIncomeGrp/ExclusionAmt011719
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011719
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0855110
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01193276
IRS990/IRPDocumentCnt0127
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt082299
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019990
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015718
IRS990/LandBldgEquipCostOrOtherBssAmt098017
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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/NetAssetsOrFundBalancesBOYAmt0946695
IRS990/NetAssetsOrFundBalancesEOYAmt0988686
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt04200
IRS990/OccupancyGrp/TotalAmt04200
IRS990/OfficeExpensesGrp/ProgramServicesAmt041897
IRS990/OfficeExpensesGrp/TotalAmt041897
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt043906
IRS990/OtherAssetsTotalGrp/EOYAmt050015
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017241
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017241
IRS990/OtherExpensesGrp/Desc0DEBIT CARD PROGRAM
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc2CREDIT REPORT EXPENSE
IRS990/OtherExpensesGrp/Desc3TCUL DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt017694
IRS990/OtherExpensesGrp/ProgramServicesAmt15507
IRS990/OtherExpensesGrp/ProgramServicesAmt25227
IRS990/OtherExpensesGrp/ProgramServicesAmt33487
IRS990/OtherExpensesGrp/TotalAmt017694
IRS990/OtherExpensesGrp/TotalAmt15507
IRS990/OtherExpensesGrp/TotalAmt25227
IRS990/OtherExpensesGrp/TotalAmt33487
IRS990/OtherLiabilitiesGrp/BOYAmt04000021
IRS990/OtherLiabilitiesGrp/EOYAmt04371965
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0141228
IRS990/OtherSalariesAndWagesGrp/TotalAmt0141228
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03505561
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03411625
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011134
IRS990/PayrollTaxesGrp/TotalAmt011134
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08442
IRS990/PensionPlanContributionsGrp/TotalAmt08442
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09176
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013038
IRS990/PrincipalOfficerNm0VERONICA MAHZOON-HAGHEGHI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SHARE DRAFT FEES/CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2FEE & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3ATM INCOME
IRS990/ProgramServiceRevenueGrp/Desc4ATM SETTLEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt231402
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316582
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231402
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316582
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt416410
IRS990/ProgSrvcAccomActy2Grp/Desc0CREDIT UNION CONTINUES TO MAKE GOOD INCOME FROM LOANS.
IRS990/ProgSrvcAccomActy3Grp/Desc0CREDIT UNION OPENED A NEW ATM ON THE NORTHSIDE OF CORPUS CHRISTI.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0REFER TO EXEMPT PURPOSE ACCOMPLISHMENTS LISTED IN PART III, PAGE 2 OF THIS RETURN.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0307788
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt018887
IRS990/PYInvestmentIncomeAmt011523
IRS990/PYOtherExpensesAmt097947
IRS990/PYProgramServiceRevenueAmt0310148
IRS990/PYRevenuesLessExpensesAmt031621
IRS990/PYSalariesCompEmpBnftPaidAmt0173216
IRS990/PYTotalExpensesAmt0290050
IRS990/PYTotalRevenueAmt0321671
IRS990/ReconcilationRevenueExpnssAmt041991
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0946695
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0988686
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt015718
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082299
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt098017
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0797000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1395474
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2802
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERT. OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CATALYST
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CAPITAL SHARES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3SETTLEMENT BALANCES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04371965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES/DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015718
IRS990ScheduleD/TotalBookValueProgramRltdAmt01193276
IRS990ScheduleD/TotalLiabilityAmt04371965
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFER TO EXEMPT PURPOSE ACCOMPLISHMENTS LISTED IN PART III, PAGE 2 OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO UNRELATED TAXABLE INCOME RECORDED FOR THE TAXABLE YEAR 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NCE 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/ExplanationTxt3MEMBER HOLD ANNUAL MEEETINGS AT WHICH TIME THE MEMBERS PRESENT ELECT OPEN POSITIONS FOR BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A 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/ExplanationTxt5ALL 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/ExplanationTxt6BOARD 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/ExplanationTxt7THE CREDIT UNION POSTS ITS FINANCIAL STATEMENTS IN THE CU LOBBY FOR ALL MEMBERS TO REVIEW. THE 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 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04963241
IRS990/TotalAssetsEOYAmt05379392
IRS990/TotalAssetsGrp/BOYAmt04963241
IRS990/TotalAssetsGrp/EOYAmt05379392
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0307997
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307997
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04016546
IRS990/TotalLiabilitiesEOYAmt04390706
IRS990/TotalLiabilitiesGrp/BOYAmt04016546
IRS990/TotalLiabilitiesGrp/EOYAmt04390706
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0946695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0988686
IRS990/TotalOtherProgSrvcExpenseAmt0307788
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt07452
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt07452
IRS990/TotalProgramServiceExpensesAmt0307997
IRS990/TotalProgramServiceRevenueAmt0338269
IRS990/TotalRevenueGrp/ExclusionAmt011719
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0338269
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0349988
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04963241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05379392
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0901 LEOPARD SUITE 114
IRS990/USAddress/CityNm0CORPUS CHRISTI
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.NCECREDIT UNION.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VERONICA MAHZOON-HAGHEGHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03618824780
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NCE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0NCEC
ReturnHeader/Filer/EIN0741383594
ReturnHeader/Filer/PhoneNum03618824780
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 LEOPARD SUITE 114
ReturnHeader/Filer/USAddress/CityNm0CORPUS CHRISTI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEMA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0610 E MARKET ST STE 2906
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0782052680
ReturnHeader/PreparerPersonGrp/PhoneNum02102124822
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGEL R LEMA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-02-09T17:19:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$5,379,392
Liabilities
$4,390,706
Net assets
$988,686
Revenue
$349,988
Expenses
$307,997
Net income
$41,991
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
2016Detailed filing. Detailed filing data is available for this year.$5.38$4.39$0.99$0.35$0.31$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