Civic Intelligence

Liberty One Credit Union

990 • Fiscal year 2012 • EIN 75-0297300

Jan 01, 2012 to Dec 31, 2012 • Filed on May 10, 2013

2221 E Lamar Blvd No 11076006
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$98,009,106

Flat from 2012

Net Assets

Flat

$11,337,744

Flat from 2012

Liabilities

Flat

$86,671,362

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$3,983,947

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2008: $68,809,090Liabilities 2008: $59,456,030Net Assets 2008: $9,353,0602008Assets 2010: $86,029,199Liabilities 2010: $75,929,077Net Assets 2010: $10,100,1222010Assets 2011: $93,092,365Liabilities 2011: $82,524,550Net Assets 2011: $10,567,8152011Assets 2012: $98,009,106Liabilities 2012: $86,671,362Net Assets 2012: $11,337,7442012Assets 2012: $98,009,106Liabilities 2012: $86,671,362Net Assets 2012: $11,337,7442012Assets 2013: $103,221,497Liabilities 2013: $91,953,237Net Assets 2013: $11,268,2602013Assets 2014: $105,243,197Liabilities 2014: $93,425,840Net Assets 2014: $11,817,3572014Assets 2015: $112,708,681Liabilities 2015: $100,237,392Net Assets 2015: $12,471,2892015Assets 2016: $118,951,063Liabilities 2016: $106,008,615Net Assets 2016: $12,942,4482016Assets 2017: $127,835,164Liabilities 2017: $114,556,946Net Assets 2017: $13,278,2182017Assets 2018: $132,005,777Liabilities 2018: $118,241,354Net Assets 2018: $13,764,4232018Assets 2019: $133,817,486Liabilities 2019: $118,870,232Net Assets 2019: $14,947,2542019Assets 2020: $148,595,553Liabilities 2020: $132,288,530Net Assets 2020: $16,307,0232020Assets 2021: $165,766,970Liabilities 2021: $148,864,338Net Assets 2021: $16,902,6322021Assets 2022: $165,630,553Liabilities 2022: $150,867,307Net Assets 2022: $14,763,2462022Assets 2023: $165,999,868Liabilities 2023: $150,072,848Net Assets 2023: $15,927,0202023Assets 2024: $172,389,038Liabilities 2024: $155,293,007Net Assets 2024: $17,096,0312024

Highlighted filing

2012

Assets$98,009,106
Liabilities$86,671,362
Net Assets$11,337,744

Operations Trend

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

$10M$5.0M$0Expenses 2008: $4,625,5132008Expenses 2010: $4,421,0892010Expenses 2011: $3,870,7682011Expenses 2012: $3,983,9472012Revenue 2012: $4,676,504Expenses 2012: $3,983,947Net Income 2012: $692,5572012Revenue 2013: $4,599,401Expenses 2013: $4,256,073Net Income 2013: $343,3282013Revenue 2014: $4,687,749Expenses 2014: $4,247,304Net Income 2014: $440,4452014Revenue 2015: $5,004,959Expenses 2015: $4,438,740Net Income 2015: $566,2192015Revenue 2016: $5,176,775Expenses 2016: $4,580,591Net Income 2016: $596,1842016Revenue 2017: $5,403,959Expenses 2017: $4,873,299Net Income 2017: $530,6602017Revenue 2018: $5,797,182Expenses 2018: $5,098,657Net Income 2018: $698,5252018Revenue 2019: $6,012,708Expenses 2019: $5,446,841Net Income 2019: $565,8672019Revenue 2020: $6,191,438Expenses 2020: $5,191,854Net Income 2020: $999,5842020Revenue 2021: $6,437,943Expenses 2021: $5,046,928Net Income 2021: $1,391,0152021Revenue 2022: $6,305,907Expenses 2022: $5,152,583Net Income 2022: $1,153,3242022Revenue 2023: $7,167,751Expenses 2023: $6,942,756Net Income 2023: $224,9952023Revenue 2024: $8,727,525Expenses 2024: $8,536,376Net Income 2024: $191,1492024

Highlighted filing

2012

Revenue-
Expenses$3,983,947
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 10, 2013
Return Version
2012v2.1
Gross Receipts
$4,676,504
Mission and Program Overview

Mission

Lierty one seeks to be our members primary financial institution

Major Activities

Activity 2
Libertyone credit union provides 1st mortgage loans to its members through a third party service provider; however, we take .25% off of the service provider's rates to help give our members a below market rate.
Activity 3
Libertyone credit union provides certificates of deposit to its member at rates that are higher than the market rates. We survey other financial institutions each month and attempt to keep our rates as high as possible in an effort to give back as much as possible to our members. Our regular rates are typically higher than most financial institutions but we also add up to 1% to the rates of members who use a certain number of products with us.
Filing and Contact Details

Filer

EIN
75-0297300
Raw XML Appendix380 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/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0950012
IRS990/AccountsPayableAccruedExpenses/EOY01059970
IRS990/AccountsReceivable/BOY0278223
IRS990/AccountsReceivable/EOY0467560
IRS990/ActivitiesConductedPartnership00
IRS990/Activity2/Description0LIBERTYONE CREDIT UNION PROVIDES 1ST MORTGAGE LOANS TO ITS MEMBERS THROUGH A THIRD PARTY SERVICE PROVIDER; HOWEVER, WE TAKE .25% OFF OF THE SERVICE PROVIDER'S RATES TO HELP GIVE OUR MEMBERS A BELOW MARKET RATE.
IRS990/Activity3/Description0LIBERTYONE CREDIT UNION PROVIDES CERTIFICATES OF DEPOSIT TO ITS MEMBER AT RATES THAT ARE HIGHER THAN THE MARKET RATES. WE SURVEY OTHER FINANCIAL INSTITUTIONS EACH MONTH AND ATTEMPT TO KEEP OUR RATES AS HIGH AS POSSIBLE IN AN EFFORT TO GIVE BACK AS MUCH AS POSSIBLE TO OUR MEMBERS. OUR REGULAR RATES ARE TYPICALLY HIGHER THAN MOST FINANCIAL INSTITUTIONS BUT WE ALSO ADD UP TO 1% TO THE RATES OF MEMBERS WHO USE A CERTAIN NUMBER OF PRODUCTS WITH US.
IRS990/ActivityOrMissionDescription0LIBERTYONE SEEKS TO BE OUR MEMBER'S PRIMARY FINANCIAL INSTITUTION AND WILL ADHERE TO THE HIGHEST ETHICAL STANDARDS WHILE MAINTAINING A SOUND FINANCIAL FOUNDATION.
IRS990/ActivityOther/Description0IN ADDITION TO AUTO LOANS, MORTGAGE LOANS AND CDS, LIBERTYONE OFFERS SAVINGS ACCOUNTS, CHECKING ACCOUNTS, IRAS, DEBIT CARDS, CREDIT CARDS, HOME EQUITY LOANS, AND LINES OF CREDIT; AS WELL AS FREE ONLINE BANKING AND ONLINE BILL PAYMENT SERVICES. WE ALSO PROVIDE FREE ATM WITHDRAWALS AT ANY ATM MACHINE IN THE WORLD.
IRS990/AddressPrincipalOfficerUS/AddressLine102221 E LAMAR BLVD NO 110
IRS990/AddressPrincipalOfficerUS/City0ARLINGTON
IRS990/AddressPrincipalOfficerUS/State0TX
IRS990/AddressPrincipalOfficerUS/ZIPCode076006
IRS990/AnnualDisclosureCoveredPersons01
IRS990/BenefitsPaidToMembersCY01036241
IRS990/BenefitsPaidToMembersPriorYear01215145
IRS990/BenefitsToMembers/Total01036241
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY00
IRS990/CapStckTrstPrinCurrentFunds/EOY00
IRS990/CashNonInterestBearing/BOY0541113
IRS990/CashNonInterestBearing/EOY0812860
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0184264
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DescribedIn501C300
IRS990/Description0LIBERTYONE CREDIT UNION PROVIDES AUTOMOBILE LOANS TO ITS MEMBERS AND OUR RATES ARE CONSISTENTLY LOWER THAN BANKS AND OTHER FINANCIAL INSTITUTIONS. WE SURVEY BANKS AND OTHER FINANCIAL INSTITUTIONS ON A MONTHLY BASIS AND SET OUR RATES AS LOW AS POSSIBLE IN AN EFFORT TO GIVE BACK TO OUR MEMBERS. OUR REGULAR RATES ARE TYPICALLY LOWER THAN MOST FINANCIAL INSTITUTIONS AND WE GIVE MEMBERS WHO USE THE CREDIT UNION THE MOST, UP TO A 1% DISCOUNT, ON THOSE LOW RATES.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesOther/Total0188759
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0CHARLEY RAMIREZ
IRS990/Form990PartVIISectionA/NamePerson1DAVID WILLIAMSON
IRS990/Form990PartVIISectionA/NamePerson2CAL SMITH
IRS990/Form990PartVIISectionA/NamePerson3JEFF RITTER
IRS990/Form990PartVIISectionA/NamePerson4WANDA RUSSELL
IRS990/Form990PartVIISectionA/NamePerson5DON RAWE
IRS990/Form990PartVIISectionA/NamePerson6LINDA KUNZE
IRS990/Form990PartVIISectionA/NamePerson7MIKE FUNK
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation716984
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization7167280
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/Title0CHAIR
IRS990/Form990PartVIISectionA/Title1CHAIR
IRS990/Form990PartVIISectionA/Title2VICE CHAIR
IRS990/Form990PartVIISectionA/Title3SECRETARY
IRS990/Form990PartVIISectionA/Title4TREASURER
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7PRESIDENT
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited00
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts04676504
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InvestmentIncomeCurrentYear0452439
IRS990/InvestmentIncome/ExclusionAmount0452439
IRS990/InvestmentIncomePriorYear0569259
IRS990/InvestmentIncome/TotalRevenueColumn0452439
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY033266565
IRS990/InvestmentsOtherSecurities/EOY032217674
IRS990/LandBldgEquipmentAccumDeprec0878693
IRS990/LandBuildingsEquipmentBasis01038315
IRS990/LandBuildingsEquipmentBasisNet/BOY0148548
IRS990/LandBuildingsEquipmentBasisNet/EOY0159622
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters01
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0LIBERTYONE SEEKS TO BE OUR MEMBER'S PRIMARY FINANCIAL INSTITUTION AND WILL ADHERE TO THE HIGHEST ETHICAL STANDARDS WHILE MAINTAINING A SOUND FINANCIAL FOUNDATION.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0MIKE FUNK
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY010567815
IRS990/NetAssetsOrFundBalancesEOY011337744
IRS990/NetUnrelatedBusinessTxblIncome0-679
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109601700
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees026
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0807921
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY01002774
IRS990/OtherAssetsTotal/EOY0740950
IRS990/OtherEmployeeBenefits/Total0276989
IRS990/OtherExpensePriorYear01401303
IRS990/OtherExpensesCurrentYear01566794
IRS990/OtherExpenses/Description0PROVISION FOR LOAN LOSS
IRS990/OtherExpenses/Description1MISCELLANEOUS
IRS990/OtherExpenses/Description2LOAN SERVICING
IRS990/OtherExpenses/Total0248989
IRS990/OtherExpenses/Total1182006
IRS990/OtherExpenses/Total273707
IRS990/OtherLiabilities/BOY081574538
IRS990/OtherLiabilities/EOY085611392
IRS990/OtherNotesLoansReceivableNet/BOY057686545
IRS990/OtherNotesLoansReceivableNet/EOY063444107
IRS990/OtherRevenueCurrentYear0-97051
IRS990/OtherRevenueMisc/BusinessCode0522100
IRS990/OtherRevenueMisc/Description0NON-OPERATING REVENUE
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0-97051
IRS990/OtherRevenueMisc/TotalRevenueColumn0-97051
IRS990/OtherRevenuePriorYear0-161313
IRS990/OtherSalariesAndWages/Total0919659
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY00
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
IRS990/PoliciesReferenceChapters01
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY0168597
IRS990/PrepaidExpensesDeferredCharges/EOY0166333
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0522100
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenueCY04321116
IRS990/ProgramServiceRevenue/Description0INCOME FROM LOANS
IRS990/ProgramServiceRevenue/Description1FEES/CHARGES & MISC
IRS990/ProgramServiceRevenuePriorYear04041370
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome03241337
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome11056002
IRS990/ProgramServiceRevenue/TotalRevenueColumn03241337
IRS990/ProgramServiceRevenue/TotalRevenueColumn11079779
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue023777
IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0692557
IRS990/ReconciliationUnrealizedInvest077372
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote00
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RetainedEarningsEndowmentEtc/BOY010567815
IRS990/RetainedEarningsEndowmentEtc/EOY011337744
IRS990/RevenuesLessExpensesCY0692557
IRS990/RevenuesLessExpensesPriorYear0578548
IRS990/SalariesEtcCurrentYear01380912
IRS990/SalariesEtcPriorYear01254320
IRS990/ScheduleBRequired00
IRS990ScheduleD/Equipment/BookValue074102
IRS990ScheduleD/Equipment/Depreciation0538569
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0612671
IRS990ScheduleD/LeaseholdImprovements/BookValue025518
IRS990ScheduleD/LeaseholdImprovements/Depreciation0164707
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0190225
IRS990ScheduleD/OtherLandBuildings/BookValue060002
IRS990ScheduleD/OtherLandBuildings/Depreciation0175417
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0235419
IRS990ScheduleD/OtherLiabilities/Amount085611392
IRS990ScheduleD/OtherLiabilities/Description0MEMBERSHIP EQUITY
IRS990ScheduleD/OtherSecurities/BookValue0725938
IRS990ScheduleD/OtherSecurities/BookValue121856150
IRS990ScheduleD/OtherSecurities/BookValue29361666
IRS990ScheduleD/OtherSecurities/BookValue3273920
IRS990ScheduleD/OtherSecurities/Description0CUCU ADVISOR FUNDS
IRS990ScheduleD/OtherSecurities/Description1BANKS AND S&LS
IRS990ScheduleD/OtherSecurities/Description2US GOVT & AGENCIES
IRS990ScheduleD/OtherSecurities/Description3UNREALIZED GAINS/LOSSES
IRS990ScheduleD/OtherSecurities/MethodOfValuation0F
IRS990ScheduleD/OtherSecurities/MethodOfValuation1F
IRS990ScheduleD/OtherSecurities/MethodOfValuation2F
IRS990ScheduleD/OtherSecurities/MethodOfValuation3F
IRS990ScheduleD/TotalOfAmounts085611392
IRS990ScheduleD/TotalOfBookValueLandBuildings0159622
IRS990ScheduleD/TotalOfBookValueSecurities032217674
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0134686
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg019233
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0MIKE FUNK
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg016984
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg013361
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0PRESIDENT
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0184264
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleO/GeneralExplanation/Explanation0THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE.
IRS990ScheduleO/GeneralExplanation/Explanation2MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
IRS990ScheduleO/GeneralExplanation/Explanation3THE CREDIT UNION HIRES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. UPON COMPLETION, THE RETURN IS REVIEWED INTERNALLY. A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CREDIT UNION'S CONFLICT OF INTEREST POLICY STATES; "SHOULD I EVER FIND MYSELF UNDER OBLIGATION TO ANY OTHER GROUP OR ORGANIZATION THAT IS IN CONFLICT WITH THE CREDIT UNION, I SHALL DISCLOSE THE CONFLICT IMMEDIATELY TO THE BOARD OF DIRECTORS AND REFRAIN FROM VOTING ON ISSUES RELATED TO THE CONFLICT."
IRS990ScheduleO/GeneralExplanation/Explanation5SALARY SURVEYS ARE USED TO SET COMPENSATION, ALONG WITH A GOVERNMENT SALARY MATRIX. AN INDEPENDENT COMPENSATION CONSULTANT WAS USED TO SET UP THE BONUS/INCENTIVE PROGRAM SEVERAL YEARS AGO.
IRS990ScheduleO/GeneralExplanation/Explanation6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ANNUAL REPORT IS AVAIALABLE ON THE CREDIT UNION'S WEBSITE.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0TX
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine102221 E LAMAR BLVD NO 110
IRS990/TheBooksAreInCareOf/AddressUS/City0ARLINGTON
IRS990/TheBooksAreInCareOf/AddressUS/State0TX
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode076006
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10THE ORGANIZATION
IRS990/TheBooksAreInCareOf/TelephoneNumber02144135588
IRS990/TotalAssets/BOY093092365
IRS990/TotalAssetsBOY093092365
IRS990/TotalAssets/EOY098009106
IRS990/TotalAssetsEOY098009106
IRS990/TotalCompGT150K01
IRS990/TotalExpensesCurrentYear03983947
IRS990/TotalExpensesPriorYear03870768
IRS990/TotalFunctionalExpenses/Total03983947
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI023777
IRS990/TotalLiabilities/BOY082524550
IRS990/TotalLiabilitiesBOY082524550
IRS990/TotalLiabilities/EOY086671362
IRS990/TotalLiabilitiesEOY086671362
IRS990/TotalLiabNetAssetsFundBalances/BOY093092365
IRS990/TotalLiabNetAssetsFundBalances/EOY098009106
IRS990/TotalNbrEmployees026
IRS990/TotalNbrVolunteers09
IRS990/TotalNetAssetsFundBalances/BOY010567815
IRS990/TotalNetAssetsFundBalances/EOY011337744
IRS990/TotalOtherCompensation016984
IRS990/TotalOtherRevenue0-97051
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue04321116
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0167280
IRS990/TotalRevenueCurrentYear04676504
IRS990/TotalRevenue/ExclusionAmount0452439
IRS990/TotalRevenuePriorYear04449316
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome04200288
IRS990/TotalRevenue/TotalRevenueColumn04676504
IRS990/TotalRevenue/UnrelatedBusinessRevenue023777
IRS990/Travel/Total065412
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0WWW.LIBERTYONECU.COM
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01935
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0750297300
ReturnHeader/Filer/Name/BusinessNameLine10LIBERTYONE CREDIT UNION
ReturnHeader/Filer/NameControl0LIBE
ReturnHeader/Filer/Phone02144135588
ReturnHeader/Filer/USAddress/AddressLine102221 E LAMAR BLVD NO 110
ReturnHeader/Filer/USAddress/City0ARLINGTON
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode076006
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-05-10
ReturnHeader/Officer/Name0MIKE FUNK
ReturnHeader/Officer/Phone02144135588
ReturnHeader/Officer/Title0PRESIDENT/CEO
ReturnHeader/PreparerFirm/EIN0420714325
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10MCGLADREY LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10801 NICOLLET MALL SUITE 1100
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MINNEAPOLIS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode055402
ReturnHeader/Preparer/Name0GERALD B KISSELL
ReturnHeader/Preparer/Phone06123324300
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-05-13T10:07:45-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$172$155$17.1$8.73$8.54$0.19
2023Detailed filing. Detailed filing data is available for this year.$166$150$15.9$7.17$6.94$0.22
2022Detailed filing. Detailed filing data is available for this year.$166$151$14.8$6.31$5.15$1.15
2021Detailed filing. Detailed filing data is available for this year.$166$149$16.9$6.44$5.05$1.39
2020Detailed filing. Detailed filing data is available for this year.$149$132$16.3$6.19$5.19$1.00
2019Detailed filing. Detailed filing data is available for this year.$134$119$14.9$6.01$5.45$0.57
2018Detailed filing. Detailed filing data is available for this year.$132$118$13.8$5.80$5.10$0.70
2017Detailed filing. Detailed filing data is available for this year.$128$115$13.3$5.40$4.87$0.53
2016Detailed filing. Detailed filing data is available for this year.$119$106$12.9$5.18$4.58$0.60
2015Detailed filing. Detailed filing data is available for this year.$113$100$12.5$5.00$4.44$0.57
2014Detailed filing. Detailed filing data is available for this year.$105$93.4$11.8$4.69$4.25$0.44
2013Detailed filing. Detailed filing data is available for this year.$103$92.0$11.3$4.60$4.26$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.0$86.7$11.3$3.98
2012Summary only. Only limited summary data is available for this year.$98.0$86.7$11.3$4.68$3.98$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.1$82.5$10.6$3.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.0$75.9$10.1$4.42
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.8$59.5$9.35$4.63