Civic Intelligence

Spco Credit Union

990 • Fiscal year 2019 • EIN 74-6106699

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 31, 2019

Organization ProfileWWW.SPCOCU.ORG

View Organization Page

12755 N Houston Rosslyn RdHouston, TX 77086

(713) 455-8586

Siviq Scores

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

Liabilities / Assets

80th percentile

0.90x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

14.85x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

16th percentile

3.2%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$125,942

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

4th percentile

-4.4%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-0.3%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$36,932,741

Down $1,680,665 (-4.4%) from 2018

Net Assets

Up

$3,675,824

Up $102,186 (+2.9%) from 2018

Liabilities

Down

$33,256,917

Down $1,782,851 (-5.1%) from 2018

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin16th percentile

Revenue

Down

$2,238,793

Down $5,859 (-0.3%) from 2018

Expenses

Up

$2,166,337

Up $25,095 (+1.2%) from 2018

Net Income

Down

$72,456

Down $30,954 (-30%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$60M$40M$20M$0Assets 2011: $32,079,480Liabilities 2011: $27,960,404Net Assets 2011: $4,119,0762011Assets 2012: $34,729,218Liabilities 2012: $30,697,367Net Assets 2012: $4,031,8512012Assets 2013: $38,550,950Liabilities 2013: $34,531,140Net Assets 2013: $4,019,8102013Assets 2014: $36,240,506Liabilities 2014: $32,139,248Net Assets 2014: $4,101,2582014Assets 2015: $37,310,464Liabilities 2015: $33,176,280Net Assets 2015: $4,134,1842015Assets 2016: $39,943,752Liabilities 2016: $36,248,773Net Assets 2016: $3,694,9792016Assets 2017: $39,315,424Liabilities 2017: $35,823,725Net Assets 2017: $3,491,6992017Assets 2018: $38,613,406Liabilities 2018: $35,039,768Net Assets 2018: $3,573,6382018Assets 2019: $36,932,741Liabilities 2019: $33,256,917Net Assets 2019: $3,675,8242019Assets 2020: $45,620,324Liabilities 2020: $41,841,958Net Assets 2020: $3,778,3662020Assets 2021: $41,394,518Liabilities 2021: $37,501,660Net Assets 2021: $3,892,8582021Assets 2022: $40,323,853Liabilities 2022: $36,488,004Net Assets 2022: $3,835,8492022Assets 2023: $38,877,794Liabilities 2023: $35,176,103Net Assets 2023: $3,701,6912023

Highlighted filing

2019

Assets$36,932,741
Liabilities$33,256,917
Net Assets$3,675,824
Open 2019 Filing

Operations Trend

Revenue Growth13th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,335,7252011Expenses 2012: $1,894,7992012Revenue 2013: $1,933,439Expenses 2013: $1,945,480Net Income 2013: -$12,0412013Revenue 2014: $2,110,025Expenses 2014: $2,028,577Net Income 2014: $81,4482014Revenue 2015: $1,944,406Expenses 2015: $1,911,480Net Income 2015: $32,9262015Revenue 2016: $1,982,825Expenses 2016: $2,422,030Net Income 2016: -$439,2052016Revenue 2017: $2,057,774Expenses 2017: $2,256,530Net Income 2017: -$198,7562017Revenue 2018: $2,244,652Expenses 2018: $2,141,242Net Income 2018: $103,4102018Revenue 2019: $2,238,793Expenses 2019: $2,166,337Net Income 2019: $72,4562019Revenue 2020: $2,075,581Expenses 2020: $2,000,910Net Income 2020: $74,6712020Revenue 2021: $2,037,682Expenses 2021: $1,878,337Net Income 2021: $159,3452021Revenue 2022: $2,308,507Expenses 2022: $2,325,225Net Income 2022: -$16,7182022Revenue 2023: $2,352,949Expenses 2023: $2,497,191Net Income 2023: -$144,2422023

Highlighted filing

2019

Revenue$2,238,793
Expenses$2,166,337
Net Income$72,456
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 31, 2019
Return Version
2019v5.0
Gross Receipts
$2,238,793
Mission and Program Overview

Mission

Our mission is to be the trusted partner in each members financial life

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$29,351,211$29,233,835▼ $117,376
Rtn Earn Endowment Incm Other Fnds$3,573,638$3,675,824▲ $102,186
Investments Program Related$4,248,250$3,506,981▼ $741,269
Land, Buildings, and Equipment, Net$1,316,189$1,343,481▲ $27,292
Cash and Non-Interest-Bearing Accounts$1,250,959$302,705▼ $948,254
Prepaid Expenses and Deferred Charges$233,906$281,002▲ $47,096
Accounts Receivable$10,465$12,517▲ $2,052
Total Assets$38,613,406$36,932,741▼ $1,680,665
Other Assets Total$2,202,426$2,252,220▲ $49,794
Liabilities
Other Liabilities$33,450,082$31,940,560▼ $1,509,522
Accounts Payable and Accrued Expenses$1,589,686$1,316,357▼ $273,329
Total Liabilities$35,039,768$33,256,917▼ $1,782,851
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,573,638$3,675,824▲ $102,186
Total Liabilities and Net Assets / Fund Balance$38,613,406$36,932,741▼ $1,680,665

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$682,506$340,103$1,022,609
Land$615,000-$615,000
Equipment$26,839$75,989$102,828
Other Land Buildings$18,190$35,546$53,736
Leasehold Improvements$946$9,500$10,446
Investment Program Related Org$42,396--
Other Assets Org$7,287--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tim AdamsCEO/presidenFT$125,942$125,942

Board Members and Trustees

NameTitle
Steve EmmottChairman
Harvey HayesVice Chairma
Janice ClaytonDirector
Marlin PhillipsDirector
Mike CamphireDirector
Dee FarinoSecretary
James ReynoldsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,155,185
Investment Income
$83,608
Other Revenue
$0
Change in Net Assets
$72,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,188,261
Salaries, Compensation, and Employee Benefits$630,919
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$626,674--$626,674
Benefits to Members$347,157--$347,157
Office Expenses$199,800--$199,800
Fees for Services Other$119,715--$119,715
Occupancy$114,800--$114,800
Depreciation Depletion$85,802--$85,802
Advertising$85,194--$85,194
Fees for Services Accounting$78,587--$78,587
Conferences and Meetings$41,640--$41,640
All Other Expenses$26,467--$26,467
Other Expenses$15,787--$15,787
Interest$14,573--$14,573
Fees for Services Management$8,738--$8,738
Other Employee Benefits$4,245--$4,245
Fees for Services Legal$3,229--$3,229
Total Functional Expenses$2,166,337$0$0$2,166,337
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$1,752
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares/deposits$31,940,560
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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

“Spco is a state chartered credit union comprised of owner/members from a common field of membership and who have made deposits in their share accounts for the minimum authorized membership fee.”

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

“The members hold annual meetings 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. Management monitors these statements to determine any outside entity activity and the nature of such interests. The state examiners as well as the auditors also review these forms annually.”

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

“Board of directors review the compensation paid to their key employees on an annual basis and compare compensation levels 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 credit union lobby for all members to review. The governance documents and tax returns are available to interested parties on request.”

Filing and Contact Details

Filer

Filer Name
Spco Credit Union
EIN
74-6106699
Phone
7134558586
Address
12755 N HOUSTON ROSSLYN RD, HOUSTON, TX 77086

Signing Officer

Name
Tim Adams
Title
CEO/president
Phone
7134558586
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Adams
Formed
1968
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
11

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

“No other significant accomplishments noted during tax year other than those noted on "statement of program services" attached.”

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

“No unrelated taxable income recorded during the current tax year.”

Form 990, Part XI, Line 9

“Unrealized gain/inv.securities 29,730 unrealized loss/inv.securities 0 total 29,730”

Raw XML AppendixShowing 400 of 412 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/ProgSrvcAccomActy2Grp/Desc0OVERALL, LOANS DECREASED BY 112,000, MORTGAGE LOANS INCREASED 300,000, CONSUMER LOANS WERE DOWN 430,000 DURING THE TAXABLE YEAR. THERE WERE NO FIRST MORTAGE FORECLOSURE LOSSES DURING THE REPORTING PERIOD.
IRS990/ProgSrvcAccomActy3Grp/Desc0A NEW VENDOR WAS ACQUIRED FOR DEBIT AND CREDIT CARD ACTIVITIES.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NO OTHER SIGNIFICANT ACCOMPLISHMENTS NOTED DURING TAX YEAR OTHER THAN THOSE NOTED ON "STATEMENT OF PROGRAM SERVICES" ATTACHED.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02166337
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0339860
IRS990/PYInvestmentIncomeAmt091471
IRS990/PYOtherExpensesAmt01207572
IRS990/PYProgramServiceRevenueAmt02153181
IRS990/PYRevenuesLessExpensesAmt0103410
IRS990/PYSalariesCompEmpBnftPaidAmt0593810
IRS990/PYTotalExpensesAmt02141242
IRS990/PYTotalRevenueAmt02244652
IRS990/ReconcilationRevenueExpnssAmt072456
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03573638
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03675824
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/PoliticalExpendituresAmt01752
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0POLITICAL CONTRIBUTIONS PAID DURING TAX YEAR TO TCUL & CULAC.
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt1POLITICAL CONTRIBUTIONS PAID DURING TAX YEAR TO TCUL & CULAC
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE C, PART IV
IRS990ScheduleD/BuildingsGrp/BookValueAmt0682506
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0340103
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01022609
IRS990ScheduleD/EquipmentGrp/BookValueAmt026839
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075989
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0102828
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01774274
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1633662
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2331194
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3265355
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4250000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5150000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt660100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt742396
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERT. OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CATALYST CASH MANAGEMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2NCUSIF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3GREEN BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4CUSO INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5CATALYST DEPOSITS/PTA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6FEDERAL HOME LOAN BK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7CONTRIBUTED CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt0615000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0615000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0946
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09500
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010446
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02123531
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1121402
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt27287
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SPLIT DOLLAR PLN-COLL ASSIGNMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INC.ON LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INC.ON INVEST.
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018190
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035546
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031940560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES/DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01343481
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02252220
IRS990ScheduleD/TotalBookValueProgramRltdAmt03506981
IRS990ScheduleD/TotalLiabilityAmt031940560
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO OTHER SIGNIFICANT ACCOMPLISHMENTS NOTED DURING TAX YEAR OTHER THAN THOSE NOTED ON "STATEMENT OF PROGRAM SERVICES" ATTACHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO UNRELATED TAXABLE INCOME RECORDED DURING THE CURRENT TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SPCO IS A STATE CHARTERED CREDIT UNION COMPRISED OF OWNER/MEMBERS FROM A COMMON FIELD OF MEMBERSHIP AND WHO HAVE MADE DEPOSITS IN THEIR SHARE ACCOUNTS FOR THE MINIMUM AUTHORIZED MEMBERSHIP FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS HOLD ANNUAL MEETINGS 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. MANAGEMENT MONITORS THESE STATEMENTS TO DETERMINE ANY OUTSIDE ENTITY ACTIVITY AND THE NATURE OF SUCH INTERESTS. THE STATE EXAMINERS AS WELL AS THE AUDITORS ALSO REVIEW THESE FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD OF DIRECTORS REVIEW THE COMPENSATION PAID TO THEIR KEY EMPLOYEES ON AN ANNUAL BASIS AND COMPARE COMPENSATION LEVELS 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 CREDIT UNION LOBBY FOR ALL MEMBERS TO REVIEW. THE GOVERNANCE DOCUMENTS AND TAX RETURNS ARE AVAILABLE TO INTERESTED PARTIES ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNREALIZED GAIN/INV.SECURITIES 29,730 UNREALIZED LOSS/INV.SECURITIES 0 TOTAL 29,730
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt038613406
IRS990/TotalAssetsEOYAmt036932741
IRS990/TotalAssetsGrp/BOYAmt038613406
IRS990/TotalAssetsGrp/EOYAmt036932741
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02166337
IRS990/TotalFunctionalExpensesGrp/TotalAmt02166337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035039768
IRS990/TotalLiabilitiesEOYAmt033256917
IRS990/TotalLiabilitiesGrp/BOYAmt035039768
IRS990/TotalLiabilitiesGrp/EOYAmt033256917
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03573638
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03675824
IRS990/TotalOtherProgSrvcExpenseAmt02166337
IRS990/TotalProgramServiceExpensesAmt02166337
IRS990/TotalProgramServiceRevenueAmt02155185
IRS990/TotalReportableCompFromOrgAmt0125942
IRS990/TotalRevenueGrp/ExclusionAmt083608
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02155185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02238793
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038613406
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt036932741
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012755 N HOUSTON ROSSLYN RD
IRS990/USAddress/CityNm0HOUSTO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077086
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SPCOCU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM ADAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07134558586
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0SPCO
ReturnHeader/Filer/EIN0746106699
ReturnHeader/Filer/PhoneNum07134558586
ReturnHeader/Filer/USAddress/AddressLine1Txt012755 N HOUSTON ROSSLYN RD
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077086
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.181.102.11
ReturnHeader/FilingSecurityInformation/IPDt02020-01-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:01:19
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEMA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0610 E MARKET ST STE 2906

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$36,932,741
Liabilities
$33,256,917
Net assets
$3,675,824
Revenue
$2,238,793
Expenses
$2,166,337
Net income
$72,456
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.9$35.2$3.70$2.35$2.50$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.3$36.5$3.84$2.31$2.33$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.4$37.5$3.89$2.04$1.88$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.6$41.8$3.78$2.08$2.00$0.07
2019Detailed filing. Detailed filing data is available for this year.$36.9$33.3$3.68$2.24$2.17$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.6$35.0$3.57$2.24$2.14$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.3$35.8$3.49$2.06$2.26$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.9$36.2$3.69$1.98$2.42$0.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.3$33.2$4.13$1.94$1.91$0.03
2014Detailed filing. Detailed filing data is available for this year.$36.2$32.1$4.10$2.11$2.03$0.08
2013Detailed filing. Detailed filing data is available for this year.$38.6$34.5$4.02$1.93$1.95$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.7$30.7$4.03$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$28.0$4.12$2.34