Civic Intelligence

Pegasus Community Credit Union

990 • Fiscal year 2013 • EIN 75-0821781

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 09, 2014

Organization Profilewww.pegasusccu.com

View Organization Page

1201 Elm StDallas, TX 75270-2000

(800) 352-4614

Siviq Scores

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

Liabilities / Assets

47th percentile

0.89x

Higher debt load relative to assets than 47% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

98th percentile

31.80x

Higher debt load relative to revenue than 98% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

30th percentile

6.0%

Higher net margin than 30% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

30th percentile

$153,453

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

14th percentile

-0.6%

Faster asset growth than 14% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$199,300,541

Down $1,282,225 (-0.6%) from 2012

Net Assets

Down

$20,990,438

Down $5,750,511 (-22%) from 2012

Liabilities

Up

$178,310,103

Up $4,468,286 (+2.6%) from 2012

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin30th percentile

Revenue

$5,607,225

No earlier filing loaded for comparison.

Expenses

Up

$5,269,441

Up $666,150 (+14%) from 2012

Net Income

$337,784

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$300M$200M$100M$0Assets 2010: $197,531,216Liabilities 2010: $174,704,738Net Assets 2010: $22,826,4782010Assets 2011: $197,916,970Liabilities 2011: $172,479,456Net Assets 2011: $25,437,5142011Assets 2012: $200,582,766Liabilities 2012: $173,841,817Net Assets 2012: $26,740,9492012Assets 2013: $199,300,541Liabilities 2013: $178,310,103Net Assets 2013: $20,990,4382013Assets 2014: $217,371,674Liabilities 2014: $195,170,960Net Assets 2014: $22,200,7142014Assets 2015: $201,205,996Liabilities 2015: $178,501,454Net Assets 2015: $22,704,5422015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2013

Assets$199,300,541
Liabilities$178,310,103
Net Assets$20,990,438
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,813,6112010Expenses 2011: $5,157,3312011Expenses 2012: $4,603,2912012Revenue 2013: $5,607,225Expenses 2013: $5,269,441Net Income 2013: $337,7842013Revenue 2014: $8,085,630Expenses 2014: $7,980,871Net Income 2014: $104,7592014Revenue 2015: $9,399,017Expenses 2015: $9,217,648Net Income 2015: $181,3692015Revenue 2016: -$351,182Expenses 2016: $2,789,245Net Income 2016: -$3,140,4272016

Highlighted filing

2013

Revenue$5,607,225
Expenses$5,269,441
Net Income$337,784
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 9, 2014
Return Version
2013v3.1
Gross Receipts
$67,127,517
Mission and Program Overview

Mission

Cooperative provider of credit union financial services

Cooperative provider of credit union financial services voluntary, cooperative, non-profit savings institution (credit union), incorporated under the provisions ofthe texas credit union act, for the purpose of providing thrift among it's members

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$40,604,238$110,837,075▲ $70,232,837
Investments in Publicly Traded Securities$149,704,542$64,383,787▼ $85,320,755
Rtn Earn Endowment Incm Other Fnds$26,740,949$20,990,438▼ $5,750,511
Savings and Temporary Cash Investments$5,732,267$19,786,747▲ $14,054,480
Cash and Non-Interest-Bearing Accounts$1,151,807$894,934▼ $256,873
Investments Program Related$750,000$750,000→ $0
Land, Buildings, and Equipment, Net$329,602$430,303▲ $100,701
Prepaid Expenses and Deferred Charges$245,899$230,543▼ $15,356
Total Assets$200,582,766$199,300,541▼ $1,282,225
Other Assets Total$2,064,411$1,987,152▼ $77,259
Liabilities
Other Liabilities$173,342,761$166,555,461▼ $6,787,300
Mortgage Notes Payable Secured by Investment Property-$10,662,700-
Accounts Payable and Accrued Expenses$499,056$1,091,942▲ $592,886
Total Liabilities$173,841,817$178,310,103▲ $4,468,286
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,740,949$20,990,438▼ $5,750,511
Total Liabilities and Net Assets / Fund Balance$200,582,766$199,300,541▼ $1,282,225

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$185,873$549,861$735,734
Buildings$196,912$46,353$243,265
Land$35,000-$35,000
Leasehold Improvements$12,518$8,101$20,619
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jason Z ScottPresidentFT$153,453$153,453
Jason Z Scott--$153,453$153,453
John BreitweiserChairman-$1,800$1,800
Ronald TaylorDirector-$1,800$1,800
Dan BianchiSecretary-$1,650$1,650
Edwin LoutherbackDirector-$1,650$1,650
Gloria HolbrookDirector-$1,650$1,650
Phil GarlingtonDirector-$1,650$1,650
Jan FrumVice-chair-$1,350$1,350
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,266,785
Investment Income
$2,340,440
Other Revenue
$0
Change in Net Assets
$337,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,233,851
Salaries, Compensation, and Employee Benefits$2,035,590
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,433,728$0$0$1,433,728
Interest$965,348$0$0$965,348
All Other Expenses$544,807$0$0$544,807
Information Technology$295,073$0$0$295,073
Other Expenses$286,500$0$0$286,500
Occupancy$252,656$0$0$252,656
Other Employee Benefits$234,076$0$0$234,076
Advertising$225,087$0$0$225,087
Office Expenses$187,655$0$0$187,655
Current Officers, Directors, Trustees, and Key Employees$153,453$0$0$153,453
Payroll Taxes$116,100$0$0$116,100
Pension Plan Contributions$98,233$0$0$98,233
Depreciation Depletion$63,206$0$0$63,206
Insurance$45,764$0$0$45,764
Conferences and Meetings$26,299$0$0$26,299
Fees for Services Accounting$16,720$0$0$16,720
Fees for Services Legal$3,214$0$0$3,214
Total Functional Expenses$5,269,441$0$0$5,269,441
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Accounts With Credit Union$166,555,461
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
No
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

EIN
75-0821781
Phone
8003524614

Signing Officer

Name
Jason Z Scott
Title
President
Phone
8003524614
Signed
2014-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Z Scott
Formed
1935
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
47
Volunteers
4

Preparer

Preparer
Timothy J Bicknell
Phone
8178775050
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Member owned credit union”

Pt VI, Line 7A

“Membership of credit union elects board of directors”

Pt VI, Line 11B

“Board of directors reviewed and approved 990 before filing”

Pt VI, Line 12C

“All employees and board of directors are required to disclose conflict of interest”

Pt VI, Line 15A

“The board considers industry comps in the area, reviews accomplishments of predetermined goals before setting the salary and related increases”

Pt VI, Line 19

“Monthly financial statements are posted in the lobby. Other documents and policies are available upon request.”

Pt XI

“Line 5 - investment valuation reserve increase for mark to market investments”

Pt XII, Line 2C

“The financial statements were audited on the fiscal year ended september 30, 2013 and not on the calendar year ended december 31, 2013”

Form 990, Part IX, Line 24F

“Manager & staff exp 46446. 46446. 0. 0. Board of director exp 32723. 32723. 0. 0. Association dues 6747. 6747. 0. 0. Repairs and maint 15670. 15670. 0. 0. Subscriptions 2630. 2630. 0. 0. Bank service charges 26428. 26428. 0. 0. Credit reports 38090. 38090. 0. 0. Credit card expense 29543. 29543. 0. 0. Supervision fee 22474. 22474. 0. 0. Professional outside services 20624. 20624. 0. 0. Cash over short 151. 151. 0. 0. Annual meeting 7600. 7600. 0. 0. Misc operating exp 16423. 16423. 0. 0. Telepho”

Raw XML AppendixShowing 400 of 430 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0499056
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01091942
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES VOLUNTARY, COOPERATIVE, NON-PROFIT SAVINGS INSTITUTION (CREDIT UNION), INCORPORATED UNDER THE PROVISIONS OFTHE TEXAS CREDIT UNION ACT, FOR THE PURPOSE OF PROVIDING THRIFT AMONG IT'S MEMBERS
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0225087
IRS990/AdvertisingGrp/TotalAmt0225087
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0544807
IRS990/AllOtherExpensesGrp/TotalAmt0544807
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JASON Z SCOTT
IRS990/BooksInCareOfDetail/PhoneNum02142734650
IRS990/BooksInCareOfDetail/USAddress/AddressLine101412 MAIN ST SUITE 302
IRS990/BooksInCareOfDetail/USAddress/City0DALLAS
IRS990/BooksInCareOfDetail/USAddress/State0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCode076202
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01151807
IRS990/CashNonInterestBearingGrp/EOYAmt0894934
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0153453
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0153453
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt026299
IRS990/ConferencesMeetingsGrp/TotalAmt026299
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02340440
IRS990/CYOtherExpensesAmt03233851
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03266785
IRS990/CYRevenuesLessExpensesAmt0337784
IRS990/CYSalariesCompEmpBnftPaidAmt02035590
IRS990/CYTotalExpensesAmt05269441
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05607225
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt063206
IRS990/DepreciationDepletionGrp/TotalAmt063206
IRS990/Desc0LOANS OF ALL TYPES ARE MADE TO MEMBERS OF THE CREDIT UNION
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt047
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt016720
IRS990/FeesForServicesAccountingGrp/TotalAmt016720
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03214
IRS990/FeesForServicesLegalGrp/TotalAmt03214
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON Z SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN BREITWEISER
IRS990/Form990PartVIISectionAGrp/PersonNm2JAN FRUM
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN BIANCHI
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWIN LOUTHERBACK
IRS990/Form990PartVIISectionAGrp/PersonNm5RONALD TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm6PHIL GARLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm7GLORIA HOLBROOK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0153453
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-4318
IRS990/GainOrLossGrp/SecuritiesAmt0236574
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061752548
IRS990/GrossReceiptsAmt067127517
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt0295073
IRS990/InformationTechnologyGrp/TotalAmt0295073
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt045764
IRS990/InsuranceGrp/TotalAmt045764
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0965348
IRS990/InterestGrp/TotalAmt0965348
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02108184
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0750000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0750000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0149704542
IRS990/InvestmentsPubTradedSecGrp/EOYAmt064383787
IRS990/IRPDocumentCnt02806
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0604315
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0329602
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0430303
IRS990/LandBldgEquipCostOrOtherBssAmt01034618
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04318
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt061515974
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010662700
IRS990/NetAssetsOrFundBalancesBOYAmt026740949
IRS990/NetAssetsOrFundBalancesEOYAmt020990438
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0232256
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0232256
IRS990/NetUnrlzdGainsLossesInvstAmt0-6088295
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0252656
IRS990/OccupancyGrp/TotalAmt0252656
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0187655
IRS990/OfficeExpensesGrp/TotalAmt0187655
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02064411
IRS990/OtherAssetsTotalGrp/EOYAmt01987152
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0234076
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0234076
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc1NCUSIF CORP CU STABILIZATION ASSESSMENT
IRS990/OtherExpensesGrp/Desc2CREDIT CARD EXP
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0101514
IRS990/OtherExpensesGrp/ProgramServicesAmt1121342
IRS990/OtherExpensesGrp/ProgramServicesAmt298666
IRS990/OtherExpensesGrp/ProgramServicesAmt3286500
IRS990/OtherExpensesGrp/TotalAmt0101514
IRS990/OtherExpensesGrp/TotalAmt1121342
IRS990/OtherExpensesGrp/TotalAmt298666
IRS990/OtherExpensesGrp/TotalAmt3286500
IRS990/OtherLiabilitiesGrp/BOYAmt0173342761
IRS990/OtherLiabilitiesGrp/EOYAmt0166555461
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01433728
IRS990/OtherSalariesAndWagesGrp/TotalAmt01433728
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040604238
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0110837075
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0116100
IRS990/PayrollTaxesGrp/TotalAmt0116100
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt098233
IRS990/PensionPlanContributionsGrp/TotalAmt098233
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0245899
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0230543
IRS990/PrincipalOfficerNm0JASON Z SCOTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02661584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1437422
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2167779
IRS990/ProgSrvcAccomActy2Grp/Desc0SAVINGS ACCOUNTS FOR MEMBERS OF THE CREDIT UNION
IRS990/ProgSrvcAccomActy3Grp/Desc0CHECKING ACCOUNTS FOR MEMBERS OF THE CREDIT UNION
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03285386
IRS990/PYOtherExpensesAmt02845040
IRS990/PYProgramServiceRevenueAmt02082399
IRS990/PYRevenuesLessExpensesAmt0764494
IRS990/PYSalariesCompEmpBnftPaidAmt01758251
IRS990/PYTotalExpensesAmt04603291
IRS990/PYTotalRevenueAmt05367785
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0337784
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026740949
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020990438
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05732267
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019786747
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0196912
IRS990ScheduleD/BuildingsGrp/DepreciationAmt046353
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0243265
IRS990ScheduleD/EquipmentGrp/BookValueAmt0185873
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0549861
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0735734
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt035000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012518
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08101
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0166555461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER ACCOUNTS WITH CREDIT UNION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0430303
IRS990ScheduleD/TotalLiabilityAmt0166555461
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JASON Z SCOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153453
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBER OWNED CREDIT UNION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP OF CREDIT UNION ELECTS BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWED AND APPROVED 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYEES AND BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICT OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD CONSIDERS INDUSTRY COMPS IN THE AREA, REVIEWS ACCOMPLISHMENTS OF PREDETERMINED GOALS BEFORE SETTING THE SALARY AND RELATED INCREASES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 5 - INVESTMENT VALUATION RESERVE INCREASE FOR MARK TO MARKET INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE FINANCIAL STATEMENTS WERE AUDITED ON THE FISCAL YEAR ENDED SEPTEMBER 30, 2013 AND NOT ON THE CALENDAR YEAR ENDED DECEMBER 31, 2013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MANAGER & STAFF EXP 46446. 46446. 0. 0. BOARD OF DIRECTOR EXP 32723. 32723. 0. 0. ASSOCIATION DUES 6747. 6747. 0. 0. REPAIRS AND MAINT 15670. 15670. 0. 0. SUBSCRIPTIONS 2630. 2630. 0. 0. BANK SERVICE CHARGES 26428. 26428. 0. 0. CREDIT REPORTS 38090. 38090. 0. 0. CREDIT CARD EXPENSE 29543. 29543. 0. 0. SUPERVISION FEE 22474. 22474. 0. 0. PROFESSIONAL OUTSIDE SERVICES 20624. 20624. 0. 0. CASH OVER SHORT 151. 151. 0. 0. ANNUAL MEETING 7600. 7600. 0. 0. MISC OPERATING EXP 16423. 16423. 0. 0. TELEPHO
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0200582766
IRS990/TotalAssetsEOYAmt0199300541
IRS990/TotalAssetsGrp/BOYAmt0200582766
IRS990/TotalAssetsGrp/EOYAmt0199300541
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05269441
IRS990/TotalFunctionalExpensesGrp/TotalAmt05269441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0173841817
IRS990/TotalLiabilitiesEOYAmt0178310103
IRS990/TotalLiabilitiesGrp/BOYAmt0173841817
IRS990/TotalLiabilitiesGrp/EOYAmt0178310103
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026740949
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020990438
IRS990/TotalProgramServiceRevenueAmt03266785
IRS990/TotalReportableCompFromOrgAmt0165003
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05607225
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05607225
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0200582766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0199300541
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101412 MAIN SUITE 302
IRS990/USAddress/City0DALLAS
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode075202

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$199,300,541
Liabilities
$178,310,103
Net assets
$20,990,438
Revenue
$5,607,225
Expenses
$5,269,441
Net income
$337,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.35$2.79$3.14
2015Detailed filing. Detailed filing data is available for this year.$201$179$22.7$9.40$9.22$0.18
2014Detailed filing. Detailed filing data is available for this year.$217$195$22.2$8.09$7.98$0.10
2013Detailed filing. Detailed filing data is available for this year.$199$178$21.0$5.61$5.27$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$201$174$26.7$4.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$172$25.4$5.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$175$22.8$5.81