Civic Intelligence

Education Credit Union

990 • Fiscal year 2017 • EIN 75-0693720

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

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

19th percentile

0.86x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

11.45x

Higher debt load relative to revenue than 7% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Net Margin

24th percentile

8.2%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

98th percentile

$1,838,787

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Asset Growth

26th percentile

2.6%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

3.9%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$254,338,721

Up $6,451,824 (+2.6%) from 2016

Net Assets

Up

$34,848,486

Up $1,527,099 (+4.6%) from 2016

Liabilities

Up

$219,490,235

Up $4,924,725 (+2.3%) from 2016

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin24th percentile

Revenue

Up

$19,163,938

Up $717,470 (+3.9%) from 2016

Expenses

Up

$17,596,074

Up $1,282,426 (+7.9%) from 2016

Net Income

Down

$1,567,864

Down $564,956 (-26%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2017

Assets$254,338,721
Liabilities$219,490,235
Net Assets$34,848,486
Open 2017 Filing

Operations Trend

Revenue Growth20th 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

2017

Revenue$19,163,938
Expenses$17,596,074
Net Income$1,567,864
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$19,163,938
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$182,978,604$192,244,836▲ $9,266,232
Rtn Earn Endowment Incm Other Fnds$33,321,387$34,848,486▲ $1,527,099
Land, Buildings, and Equipment, Net$13,609,969$13,320,400▼ $289,569
Savings and Temporary Cash Investments$11,636,414$12,881,590▲ $1,245,176
Investments in Publicly Traded Securities$14,098,414$11,956,764▼ $2,141,650
Investments Other Securities$10,617,200$10,138,600▼ $478,600
Prepaid Expenses and Deferred Charges$579,823$545,838▼ $33,985
Receivables From Officers Etc$433,009$499,169▲ $66,160
Cash and Non-Interest-Bearing Accounts$3,487,356$380,001▼ $3,107,355
Total Assets$247,886,897$254,338,721▲ $6,451,824
Other Assets Total$10,446,108$12,371,523▲ $1,925,415
Liabilities
Other Liabilities$210,259,219$215,891,380▲ $5,632,161
Accounts Payable and Accrued Expenses$4,306,291$3,598,855▼ $707,436
Total Liabilities$214,565,510$219,490,235▲ $4,924,725
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,321,387$34,848,486▲ $1,527,099
Total Liabilities and Net Assets / Fund Balance$247,886,897$254,338,721▲ $6,451,824

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,724,633$4,330,001$9,054,634
Buildings$6,123,181$2,708,743$8,831,924
Land$2,472,586-$2,472,586
Other Securities$182,600--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregg Bynum--$314,661$1,586,621$1,901,282
Gregg BynumPresident/CEOFT$314,661$1,524,126$1,838,787
Claudia Burkett--$244,092$105,526$349,618
Claudia BurkettExecutive VPFT$244,092$45,191$289,283
Marcus Smith--$145,223$55,829$201,052
Marcus SmithCFOFT$145,223$27,237$172,460
Jacque BagotSr VP of Information SysFT$111,431$19,268$130,699
Kim FredericksenVP of LendingFT$100,108$12,996$113,104

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
$12,997,911
Investment Income
$418,517
Other Revenue
$5,747,510
Change in Net Assets
$1,567,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,834,782
Salaries, Compensation, and Employee Benefits$7,761,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,189,077--$5,189,077
Office Expenses$2,873,448--$2,873,448
Other Expenses$2,638,524--$2,638,524
Other Employee Benefits$884,467--$884,467
Depreciation Depletion$845,537--$845,537
Current Officers, Directors, Trustees, and Key Employees$776,404--$776,404
Occupancy$771,326--$771,326
Fees for Services Other$558,405--$558,405
Information Technology$470,867--$470,867
Pension Plan Contributions$461,530--$461,530
Payroll Taxes$449,814--$449,814
Advertising$437,226--$437,226
Insurance$145,326--$145,326
Conferences and Meetings$141,538--$141,538
Fees for Services Accounting$68,271--$68,271
Travel$22,327--$22,327
Fees for Services Legal$8,056--$8,056
Fees for Services Management$5,702--$5,702
Total Functional Expenses$17,596,074$0$0$17,596,074
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$433,009$499,169▲ $66,160
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Deposits$215,891,380
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
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1935
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
161
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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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/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To be the preferred financial
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt033321387
IRS990/NetAssetsOrFundBalancesEOYAmt034848486
IRS990/NetUnrlzdGainsLossesInvstAmt0-40765
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0771326
IRS990/OccupancyGrp/TotalAmt0771326
IRS990/OfficeExpensesGrp/ProgramServicesAmt02873448
IRS990/OfficeExpensesGrp/TotalAmt02873448
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010446108
IRS990/OtherAssetsTotalGrp/EOYAmt012371523
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0884467
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0884467
IRS990/OtherExpensesGrp/Desc0Dues
IRS990/OtherExpensesGrp/Desc1Loan Servicing
IRS990/OtherExpensesGrp/Desc2Provision for Loan Loss
IRS990/OtherExpensesGrp/ProgramServicesAmt063544
IRS990/OtherExpensesGrp/ProgramServicesAmt1784685
IRS990/OtherExpensesGrp/ProgramServicesAmt22638524
IRS990/OtherExpensesGrp/TotalAmt063544
IRS990/OtherExpensesGrp/TotalAmt1784685
IRS990/OtherExpensesGrp/TotalAmt22638524
IRS990/OtherLiabilitiesGrp/BOYAmt0210259219
IRS990/OtherLiabilitiesGrp/EOYAmt0215891380
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Fee Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05644733
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05747510
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0102777
IRS990/OtherRevenueTotalAmt05747510
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05189077
IRS990/OtherSalariesAndWagesGrp/TotalAmt05189077
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0182978604
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0192244836
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0449814
IRS990/PayrollTaxesGrp/TotalAmt0449814
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0461530
IRS990/PensionPlanContributionsGrp/TotalAmt0461530
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0579823
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0545838
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Gregg Bynum
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest from Members
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012997911
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/PYInvestmentIncomeAmt0279959
IRS990/PYOtherExpensesAmt09045914
IRS990/PYOtherRevenueAmt05816635
IRS990/PYProgramServiceRevenueAmt012349874
IRS990/PYRevenuesLessExpensesAmt02132820
IRS990/PYSalariesCompEmpBnftPaidAmt07267734
IRS990/PYTotalExpensesAmt016313648
IRS990/PYTotalRevenueAmt018446468
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0433009
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0499169
IRS990/ReconcilationRevenueExpnssAmt01567864
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033321387
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt034848486
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011636414
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012881590
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06123181
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02708743
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08831924
IRS990ScheduleD/EquipmentGrp/BookValueAmt04724633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04330001
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09054634
IRS990ScheduleD/LandGrp/BookValueAmt02472586
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02472586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0215891380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares and Deposits
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt09956000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1182600
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jumbo CDs
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB Membership Capital
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013320400
IRS990ScheduleD/TotalBookValueSecuritiesAmt010138600
IRS990ScheduleD/TotalLiabilityAmt0215891380
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0314661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1244092
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2145223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount01524126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount145191
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount227237
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt051000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt151000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt221685
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt19335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt26907
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREGG BYNUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CLAUDIA BURKETT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARCUS SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt01901282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1349618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2201052
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/BalanceDueAmt0100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt153502
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt231781
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt359993
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt426603
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt52766
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt6300202
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt724222
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOC
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/LoanPurposeTxt7Auto
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt04000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt176337
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt245563
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt392186
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt430000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt5100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt6352258
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt725802
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JODY RICHARDSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JIMMY MARRS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DANIEL COWARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3CLAUDIA BURKETT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4JACQUE BAGOT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5GREGG BYNUM

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$254,338,721
Liabilities
$219,490,235
Net assets
$34,848,486
Revenue
$19,163,938
Expenses
$17,596,074
Net income
$1,567,864
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