Civic Intelligence

First Basin Credit Union

990 • Fiscal year 2012 • EIN 75-1084210

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 13, 2013

Organization ProfileWWW.FIRSTBASIN.COM

View Organization Page

2740 North County Road West79764
Siviq Scores

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

Liabilities / Assets

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

2012 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

91st percentile

11%

Faster asset growth than 91% of similar nonprofits.

2012 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$193,061,002

Up $19,621,624 (+11%) from 2011

Net Assets

Up

$14,381,575

Up $1,075,108 (+8.1%) from 2011

Liabilities

Up

$178,679,427

Up $18,546,516 (+12%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$8,198,493

Down $869,379 (-9.6%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$400M$300M$200M$100M$0Assets 2010: $153,594,900Liabilities 2010: $141,084,066Net Assets 2010: $12,510,8342010Assets 2011: $173,439,378Liabilities 2011: $160,132,911Net Assets 2011: $13,306,4672011Assets 2012: $193,061,002Liabilities 2012: $178,679,427Net Assets 2012: $14,381,5752012Assets 2013: $196,501,040Liabilities 2013: $180,686,955Net Assets 2013: $15,814,0852013Assets 2014: $202,753,149Liabilities 2014: $185,150,218Net Assets 2014: $17,602,9312014Assets 2015: $204,683,315Liabilities 2015: $184,948,648Net Assets 2015: $19,734,6672015Assets 2016: $203,527,316Liabilities 2016: $182,626,451Net Assets 2016: $20,900,8652016Assets 2017: $248,258,677Liabilities 2017: $225,220,222Net Assets 2017: $23,038,4552017Assets 2018: $260,569,116Liabilities 2018: $234,858,588Net Assets 2018: $25,710,5282018Assets 2019: $267,217,357Liabilities 2019: $238,855,371Net Assets 2019: $28,361,9862019Assets 2020: $291,617,955Liabilities 2020: $262,231,317Net Assets 2020: $29,386,6382020Assets 2021: $306,636,605Liabilities 2021: $276,368,710Net Assets 2021: $30,267,8952021Assets 2022: $322,243,586Liabilities 2022: $297,193,497Net Assets 2022: $25,050,0892022Assets 2023: $314,372,660Liabilities 2023: $287,857,768Net Assets 2023: $26,514,8922023Assets 2024: $309,895,907Liabilities 2024: $280,876,715Net Assets 2024: $29,019,1922024

Highlighted filing

2012

Assets$193,061,002
Liabilities$178,679,427
Net Assets$14,381,575
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Expenses 2010: $10,997,7992010Expenses 2011: $9,067,8722011Expenses 2012: $8,198,4932012Revenue 2013: $9,194,400Expenses 2013: $7,869,976Net Income 2013: $1,324,4242013Revenue 2014: $10,447,219Expenses 2014: $8,431,673Net Income 2014: $2,015,5462014Revenue 2015: $11,340,961Expenses 2015: $9,363,127Net Income 2015: $1,977,8342015Revenue 2016: $11,811,289Expenses 2016: $10,700,389Net Income 2016: $1,110,9002016Revenue 2017: $14,406,310Expenses 2017: $12,286,220Net Income 2017: $2,120,0902017Revenue 2018: $16,783,936Expenses 2018: $14,111,863Net Income 2018: $2,672,0732018Revenue 2019: $17,309,580Expenses 2019: $14,704,205Net Income 2019: $2,605,3752019Revenue 2020: $14,304,352Expenses 2020: $13,233,617Net Income 2020: $1,070,7352020Revenue 2021: $15,708,343Expenses 2021: $14,068,586Net Income 2021: $1,639,7572021Revenue 2022: $18,692,893Expenses 2022: $15,925,435Net Income 2022: $2,767,4582022Revenue 2023: $19,937,091Expenses 2023: $18,921,032Net Income 2023: $1,016,0592023Revenue 2024: $19,703,028Expenses 2024: $18,362,236Net Income 2024: $1,340,7922024

Highlighted filing

2012

Revenue-
Expenses$8,198,493
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 13, 2013
Return Version
2012v2.1
Gross Receipts
$9,335,365
Mission and Program Overview

Mission

The purpose of the credit union is to encourage thrift among members, provide credit at a fair and reasonable rate of interest and provide an opportunity to improve the member's economic condition.

Filing and Contact Details

Filer

EIN
75-1084210
Raw XML AppendixShowing 400 of 481 raw XML fields

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

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IRS990ScheduleL/LoanTable/OriginalPrincipalAmount268310
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount39661
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount4128250
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount5300000
IRS990ScheduleL/LoanTable/PurposeOfLoan0REAL ESTATE-MORTGAGE
IRS990ScheduleL/LoanTable/PurposeOfLoan105-FORD F-250
IRS990ScheduleL/LoanTable/PurposeOfLoan2REAL ESTATE-MORTGAGE
IRS990ScheduleL/LoanTable/PurposeOfLoan3UNSECURED
IRS990ScheduleL/LoanTable/PurposeOfLoan4REAL ESTATE-MORTGAGE
IRS990ScheduleL/LoanTable/PurposeOfLoan5REAL ESTATE-MORTGAGE
IRS990ScheduleL/LoanTable/RelationshipWithOrganization0PRESIDENT/CEO/BOARD MEMBER
IRS990ScheduleL/LoanTable/RelationshipWithOrganization1PRESIDENT/CEO/BOARD MEMBER
IRS990ScheduleL/LoanTable/RelationshipWithOrganization2VP OF OPERATIONS
IRS990ScheduleL/LoanTable/RelationshipWithOrganization3BOARD MEMBER
IRS990ScheduleL/LoanTable/RelationshipWithOrganization4BOARD MEMBER
IRS990ScheduleL/LoanTable/RelationshipWithOrganization5SECRETARY/TREASURER
IRS990ScheduleL/LoanTable/WrittenAgreement01
IRS990ScheduleL/LoanTable/WrittenAgreement11
IRS990ScheduleL/LoanTable/WrittenAgreement21
IRS990ScheduleL/LoanTable/WrittenAgreement31
IRS990ScheduleL/LoanTable/WrittenAgreement41
IRS990ScheduleL/LoanTable/WrittenAgreement51
IRS990ScheduleL/TotalBalanceDue0663418
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION IS A CREDIT UNION, WHICH IS A NOT-FOR-PROFIT ORGANIZATION. THE CREDIT UNION HAS MEMBERS AND THESE MEMBERS HAVE THE RIGHT TO ELECT THE GOVERNING BODY OF THE CREDIT UNION, AND THE MEMBERS MAY RECEIVE A SHARE OF THE ORGANIZATIONS PROFITS IF DECIDED UPON BY THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation1EACH PRIMARY SHAREHOLDER, OR MEMBER OF THE CREDIT UNION THAT HAS $25.00 DEPOSITED INTO THEIR REGULAR SHARE ACCOUNT IS CONSIDERED A MEMBER IN GOOD STANDING AND IS AFFORDED ONE VOTE FOR ELECTION OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD OF DIRECTOR'S OF THE CREDIT UNION HAS DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE SUBMISSION OF THE FORM 990 TO THE PRESIDENT/CEO OF THE CREDIT UNION. ONCE THE PRESIDENT/CEO HAS APPROVED THE INFORMATION REPORTED ON THE FORM, THE INFORMATION IS MADE AVAILABLE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE CREDIT UNION HAS IMPLEMENTED A SEGREGATION OF DUTIES TO HELP MINIMIZE THE EVENT OF A PERSON IN A POSITION OF AUTHORITY BENEFITTING FINANCIALLY FROM A DECISION. POLICIES HAVE BEEN WRITTEN TO HELP MITIGATE SUCH OCCURENCES, AND THESE POLICIES ARE REVIEWED ON A YEARLY BASIS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CREDIT UNION'S BOARD OF DIRECTORS USE TWO INDEPENDENT SOURCES AS A COMPARABILITY STUDY TO HELP DETERMINE THE CEO'S COMPENSATION. THESE TWO SOURCES ARE CUES AND ICBA AND SURVEY RESEARCH ASSOCIATES, LLC. THESE SOURCES DISPLAY AN AVERAGE COMPENSATION BASE FOR CEO'S AROUND THE COUNTRY FOR DIFFERENT ASSET SIZES. THE CEO AND HR DIRECTOR USE THE SAME SOURCES TO HELP DETERMINE THE COMPENSATION FOR OTHER KEY POSITIONS IN THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION WILL ALLOW MEMBER'S TO REVIEW GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED MONTHLY AT EACH BRANCH, REVIEWED DURING THE CREDIT UNION'S ANNUAL MEETING, AND DISCLOSED IN THE QUARTERLY CALL REPORT WHICH IS AVAILABLE ON THE NCUA'S WEBSITE.
IRS990ScheduleO/GeneralExplanation/Explanation6PART XII, LINE 2C: NO CHANGE EITHER IN OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
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 B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0TX

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$193,061,002
Liabilities
$178,679,427
Net assets
$14,381,575
Revenue
-
Expenses
$8,198,493
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$281$29.0$19.7$18.4$1.34
2023Summary only. Only limited summary data is available for this year.$314$288$26.5$19.9$18.9$1.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$322$297$25.1$18.7$15.9$2.77
2021Summary only. Only limited summary data is available for this year.$307$276$30.3$15.7$14.1$1.64
2020Summary only. Only limited summary data is available for this year.$292$262$29.4$14.3$13.2$1.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$267$239$28.4$17.3$14.7$2.61
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$261$235$25.7$16.8$14.1$2.67
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$248$225$23.0$14.4$12.3$2.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$204$183$20.9$11.8$10.7$1.11
2015Detailed filing. Detailed filing data is available for this year.$205$185$19.7$11.3$9.36$1.98
2014Summary only. Only limited summary data is available for this year.$203$185$17.6$10.4$8.43$2.02
2013Detailed filing. Detailed filing data is available for this year.$197$181$15.8$9.19$7.87$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$179$14.4$8.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$173$160$13.3$9.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$154$141$12.5$11.0