Civic Intelligence

Education Credit Union

990 • Fiscal year 2016 • EIN 75-0693720

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

Organization ProfileN/A

View Organization Page

6203 Hillside RdAmarillo, TX 79109

(806) 358-7777

Siviq Scores

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

Liabilities / Assets

25th percentile

0.87x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

8th percentile

11.63x

Higher debt load relative to revenue than 8% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

56th percentile

12%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$329,730

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

44th percentile

3.9%

Faster asset growth than 44% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

3.2%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$247,886,897

Up $9,414,025 (+3.9%) from 2015

Net Assets

Up

$33,321,387

Up $2,127,154 (+6.8%) from 2015

Liabilities

Up

$214,565,510

Up $7,286,871 (+3.5%) from 2015

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin56th percentile

Revenue

Up

$18,446,468

Up $579,713 (+3.2%) from 2015

Expenses

Down

$16,313,648

Down $284,095 (-1.7%) from 2015

Net Income

Up

$2,132,820

Up $863,808 (+68%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$600M$400M$200M$0Assets 2010: $149,302,305Liabilities 2010: $130,865,702Net Assets 2010: $18,436,6032010Assets 2011: $163,825,964Liabilities 2011: $143,384,300Net Assets 2011: $20,441,6642011Assets 2012: $182,294,326Liabilities 2012: $158,605,683Net Assets 2012: $23,688,6432012Assets 2013: $206,784,289Liabilities 2013: $180,033,235Net Assets 2013: $26,751,0542013Assets 2014: $225,483,132Liabilities 2014: $195,824,505Net Assets 2014: $29,658,6272014Assets 2015: $238,472,872Liabilities 2015: $207,278,639Net Assets 2015: $31,194,2332015Assets 2016: $247,886,897Liabilities 2016: $214,565,510Net Assets 2016: $33,321,3872016Assets 2017: $254,338,721Liabilities 2017: $219,490,235Net Assets 2017: $34,848,4862017Assets 2018: $258,385,037Liabilities 2018: $221,717,577Net Assets 2018: $36,667,4602018Assets 2019: $278,059,406Liabilities 2019: $238,555,904Net Assets 2019: $39,503,5022019Assets 2020: $330,438,723Liabilities 2020: $288,873,997Net Assets 2020: $41,564,7262020Assets 2021: $372,921,593Liabilities 2021: $327,493,980Net Assets 2021: $45,427,6132021Assets 2022: $421,777,858Liabilities 2022: $374,932,010Net Assets 2022: $46,845,8482022Assets 2023: $477,792,609Liabilities 2023: $423,165,340Net Assets 2023: $54,627,2692023Assets 2024: $467,761,389Liabilities 2024: $415,479,953Net Assets 2024: $52,281,4362024

Highlighted filing

2016

Assets$247,886,897
Liabilities$214,565,510
Net Assets$33,321,387
Open 2016 Filing

Operations Trend

Revenue Growth33rd percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $8,748,5172010Expenses 2011: $9,111,1082011Expenses 2012: $9,877,0632012Revenue 2013: $15,385,278Expenses 2013: $12,299,873Net Income 2013: $3,085,4052013Revenue 2014: $16,415,383Expenses 2014: $14,803,492Net Income 2014: $1,611,8912014Revenue 2015: $17,866,755Expenses 2015: $16,597,743Net Income 2015: $1,269,0122015Revenue 2016: $18,446,468Expenses 2016: $16,313,648Net Income 2016: $2,132,8202016Revenue 2017: $19,163,938Expenses 2017: $17,596,074Net Income 2017: $1,567,8642017Revenue 2018: $20,795,991Expenses 2018: $18,954,260Net Income 2018: $1,841,7312018Revenue 2019: $22,634,978Expenses 2019: $19,952,663Net Income 2019: $2,682,3152019Revenue 2020: $22,720,383Expenses 2020: $20,709,413Net Income 2020: $2,010,9702020Revenue 2021: $24,947,784Expenses 2021: $20,987,764Net Income 2021: $3,960,0202021Revenue 2022: $29,329,321Expenses 2022: $26,581,499Net Income 2022: $2,747,8222022Revenue 2023: $37,228,551Expenses 2023: $36,435,953Net Income 2023: $792,5982023Revenue 2024: $39,847,189Expenses 2024: $41,557,873Net Income 2024: -$1,710,6842024

Highlighted filing

2016

Revenue$18,446,468
Expenses$16,313,648
Net Income$2,132,820
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$18,483,892
Mission and Program Overview

Mission

Our mission is to be the preferred financial provider for our membership

To be the preferred financial provider for our membership

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$173,697,992$182,978,604▲ $9,280,612
Rtn Earn Endowment Incm Other Fnds$31,194,233$33,321,387▲ $2,127,154
Investments in Publicly Traded Securities$9,456,933$14,098,414▲ $4,641,481
Land, Buildings, and Equipment, Net$14,293,427$13,609,969▼ $683,458
Savings and Temporary Cash Investments$9,584,594$11,636,414▲ $2,051,820
Investments Other Securities$17,090,600$10,617,200▼ $6,473,400
Cash and Non-Interest-Bearing Accounts$2,513,360$3,487,356▲ $973,996
Prepaid Expenses and Deferred Charges$189,341$579,823▲ $390,482
Receivables From Officers Etc$585,851$433,009▼ $152,842
Total Assets$238,472,872$247,886,897▲ $9,414,025
Other Assets Total$11,060,774$10,446,108▼ $614,666
Liabilities
Other Liabilities$201,816,380$210,259,219▲ $8,442,839
Accounts Payable and Accrued Expenses$5,462,259$4,306,291▼ $1,155,968
Total Liabilities$207,278,639$214,565,510▲ $7,286,871
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,194,233$33,321,387▲ $2,127,154
Total Liabilities and Net Assets / Fund Balance$238,472,872$247,886,897▲ $9,414,025

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,351,976$2,485,926$8,837,902
Equipment$4,785,407$3,948,649$8,734,056
Land$2,472,586-$2,472,586
Other Securities$181,200--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregg Bynum--$255,012$145,187$400,199
Gregg BynumPresident/CEOFT$255,012$74,718$329,730
Claudia Burkett--$197,657$113,350$311,007
Claudia BurkettExecutive VPFT$197,657$47,824$245,481
Marcus Smith--$120,657$42,065$162,722
Marcus SmithCFOFT$120,657$21,137$141,794

Board Members and Trustees

NameTitle
Cody MyersChairman
Duane ChapmanVice Chairman
Buddy StephensDirector
Daniel CowardDirector
Jimmy MarrsDirector
Jody RichardsonDirector
Kel SpradlingDirector
Leonida ClevelandSecretary
Linda PurdyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,349,874
Investment Income
$279,959
Other Revenue
$5,816,635
Change in Net Assets
$2,132,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,045,914
Salaries, Compensation, and Employee Benefits$7,267,734
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,796,763$0$0$4,796,763
Office Expenses$2,420,532--$2,420,532
Interest$1,025,918--$1,025,918
Other Employee Benefits$917,897$0$0$917,897
Occupancy$766,320--$766,320
Current Officers, Directors, Trustees, and Key Employees$717,005$0$0$717,005
Fees for Services Other$516,714--$516,714
Information Technology$499,221--$499,221
Pension Plan Contributions$440,572--$440,572
Payroll Taxes$395,497$0$0$395,497
Advertising$370,483--$370,483
Conferences and Meetings$101,174--$101,174
Fees for Services Accounting$82,640--$82,640
Travel$64,117--$64,117
Other Expenses$55,038--$55,038
Fees for Services Legal$28,995--$28,995
Fees for Services Management$4,590--$4,590
Fees for Service Investment Mgmnt Fees$1,235--$1,235
Total Functional Expenses$16,313,648$0$0$16,313,648
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$585,851$433,009▼ $152,842
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Deposits$210,259,219
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Education Credit Union
EIN
75-0693720
Phone
8063587777
Address
6203 Hillside Rd, Amarillo, TX 79109

Signing Officer

Name
Gregg Bynum
Title
CEO
Phone
8063587777
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
1935
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
154
Volunteers
9

Preparer

Firm
Greg R Schmidtcpa
Address
2 Baltusrol, AMARILLO, TX 79124
Preparer
Greg R Schmidt
Phone
8552759297
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The credit union is wholly owned by its members”

Pt VI, Line 7A

“Three of the nine Board positions are voted on annually”

Pt VI, Line 11B

“This form was made available for the Board to review”

Pt VI, Line 12C

“Board members swear under oath that they are not involved”

Pt VI, Line 12C

“in any activity that would create a conflict of interest”

Pt VI, Line 15A

“The credit union employs an outside firm to review compensation”

Pt VI, Line 15B

“The credit union employs an outside firm to review compensation”

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IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011060774
IRS990/OtherAssetsTotalGrp/EOYAmt010446108
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0917897
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0917897
IRS990/OtherExpensesGrp/Desc0Dues
IRS990/OtherExpensesGrp/Desc1Loan Servicing
IRS990/OtherExpensesGrp/Desc2Provision for Loan Loss
IRS990/OtherExpensesGrp/Desc3Misc Operating Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt056166
IRS990/OtherExpensesGrp/ProgramServicesAmt1681819
IRS990/OtherExpensesGrp/ProgramServicesAmt22370952
IRS990/OtherExpensesGrp/ProgramServicesAmt355038
IRS990/OtherExpensesGrp/TotalAmt056166
IRS990/OtherExpensesGrp/TotalAmt1681819
IRS990/OtherExpensesGrp/TotalAmt22370952
IRS990/OtherExpensesGrp/TotalAmt355038
IRS990/OtherLiabilitiesGrp/BOYAmt0201816380
IRS990/OtherLiabilitiesGrp/EOYAmt0210259219
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Fee Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05696054
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05816635
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0120581
IRS990/OtherRevenueTotalAmt05816635
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04796763
IRS990/OtherSalariesAndWagesGrp/TotalAmt04796763
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0173697992
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0182978604
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0395497
IRS990/PayrollTaxesGrp/TotalAmt0395497
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0440572
IRS990/PensionPlanContributionsGrp/TotalAmt0440572
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0189341
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0579823
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Gregg Bynum
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest from Members
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012349874
IRS990/ProgSrvcAccomActy2Grp/Desc0ECU OFFERS SHARE AND DEPOSIT PRODUCTS THAT INCLUDE SAVINGS, CHECKING, HEALTH SAVINGS, AND MONEY MARKET ACCOUNTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0ECU OFFERS IRA PRODUCTS THAT ARE FEDERALLY INSURED UP TO $250,000 PER DEPOSITOR, AT COMPETITIVE RATES
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0300865
IRS990/PYOtherExpensesAmt09527400
IRS990/PYOtherRevenueAmt05038895
IRS990/PYProgramServiceRevenueAmt012526995
IRS990/PYRevenuesLessExpensesAmt01269012
IRS990/PYSalariesCompEmpBnftPaidAmt07070343
IRS990/PYTotalExpensesAmt016597743
IRS990/PYTotalRevenueAmt017866755
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0585851
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0433009
IRS990/ReconcilationRevenueExpnssAmt02132820
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031194233
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033321387
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09584594
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011636414
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06351976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02485926
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08837902
IRS990ScheduleD/EquipmentGrp/BookValueAmt04785407
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03948649
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08734056
IRS990ScheduleD/LandGrp/BookValueAmt02472586
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02472586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210259219
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares and Deposits
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010436000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1181200
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jumbo CDs
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB Membership Capital
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013609969
IRS990ScheduleD/TotalBookValueSecuritiesAmt010617200
IRS990ScheduleD/TotalLiabilityAmt0210259219
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0255012
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1197657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2120657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount074718
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount147824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount221137
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt060644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt151579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt213947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09825
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt113947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt26981
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREGG BYNUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CLAUDIA BURKETT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARCUS SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0400199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1311007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2162722
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Gregg Bynum and Claudia Burkett participate in a SERP retirement plan
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 4b
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04225
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt132507
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt228755
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt350750
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt426603
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt527
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt6290142
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Autos
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Guarantor
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Misc
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3RE and Auto
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Auto
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5Real Estate
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6RE and Auto
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt039404
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt146622
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt244509
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt374639
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt430000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt5100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt6332449
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CODY MYERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JIMMY MARRS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DANIEL COWARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3CLAUDIA BURKETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4JACQUE BAGOT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5GREGG BYNUM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6MARCUS SMITH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Exec. VP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4Executive
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6CFO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$247,886,897
Liabilities
$214,565,510
Net assets
$33,321,387
Revenue
$18,446,468
Expenses
$16,313,648
Net income
$2,132,820
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$468$415$52.3$39.8$41.6$1.71
2023Detailed filing. Detailed filing data is available for this year.$478$423$54.6$37.2$36.4$0.79
2022Detailed filing. Detailed filing data is available for this year.$422$375$46.8$29.3$26.6$2.75
2021Detailed filing. Detailed filing data is available for this year.$373$327$45.4$24.9$21.0$3.96
2020Detailed filing. Detailed filing data is available for this year.$330$289$41.6$22.7$20.7$2.01
2019Detailed filing. Detailed filing data is available for this year.$278$239$39.5$22.6$20.0$2.68
2018Detailed filing. Detailed filing data is available for this year.$258$222$36.7$20.8$19.0$1.84
2017Detailed filing. Detailed filing data is available for this year.$254$219$34.8$19.2$17.6$1.57
2016Detailed filing. Detailed filing data is available for this year.$248$215$33.3$18.4$16.3$2.13
2015Detailed filing. Detailed filing data is available for this year.$238$207$31.2$17.9$16.6$1.27
2014Detailed filing. Detailed filing data is available for this year.$225$196$29.7$16.4$14.8$1.61
2013Detailed filing. Detailed filing data is available for this year.$207$180$26.8$15.4$12.3$3.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$182$159$23.7$9.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$143$20.4$9.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$149$131$18.4$8.75