Civic Intelligence

Westex Community Credit Union

990 • Fiscal year 2017 • EIN 75-1085904

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 14, 2018

Organization ProfileWCCU.NET

View Organization Page

200 East AustinKermit, TX 79745

(432) 586-6631

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.90x

Higher debt load relative to assets than 63% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

15.61x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$130,414

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Asset Growth

99th percentile

18%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

6.2%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$86,002,045

Up $13,300,376 (+18%) from 2016

Net Assets

Up

$8,794,987

Up $770,263 (+9.6%) from 2016

Liabilities

Up

$77,207,058

Up $12,530,113 (+19%) from 2016

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin70th percentile

Revenue

Up

$4,946,993

Up $289,907 (+6.2%) from 2016

Expenses

Up

$4,254,705

Up $545,908 (+15%) from 2016

Net Income

Down

$692,288

Down $256,001 (-27%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$200M$150M$100M$50M$0Assets 2010: $34,148,580Liabilities 2010: $30,489,168Net Assets 2010: $3,659,4122010Assets 2011: $42,084,198Liabilities 2011: $37,996,980Net Assets 2011: $4,087,2182011Assets 2012: $51,674,629Liabilities 2012: $46,689,974Net Assets 2012: $4,984,6552012Assets 2013: $57,940,813Liabilities 2013: $53,076,219Net Assets 2013: $4,864,5942013Assets 2014: $68,210,650Liabilities 2014: $62,142,384Net Assets 2014: $6,068,2662014Assets 2015: $69,351,347Liabilities 2015: $62,283,034Net Assets 2015: $7,068,3132015Assets 2016: $72,701,669Liabilities 2016: $64,676,945Net Assets 2016: $8,024,7242016Assets 2017: $86,002,045Liabilities 2017: $77,207,058Net Assets 2017: $8,794,9872017Assets 2018: $103,087,223Liabilities 2018: $93,028,835Net Assets 2018: $10,058,3882018Assets 2019: $116,964,552Liabilities 2019: $105,053,408Net Assets 2019: $11,911,1442019Assets 2020: $129,099,478Liabilities 2020: $116,093,350Net Assets 2020: $13,006,1282020Assets 2021: $143,409,115Liabilities 2021: $129,299,450Net Assets 2021: $14,109,6652021Assets 2022: $173,320,070Liabilities 2022: $155,735,038Net Assets 2022: $17,585,0322022Assets 2023: $184,168,419Liabilities 2023: $162,471,750Net Assets 2023: $21,696,6692023

Highlighted filing

2017

Assets$86,002,045
Liabilities$77,207,058
Net Assets$8,794,987
Open 2017 Filing

Operations Trend

Revenue Growth58th percentile

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

$15M$10M$5.0M$0Expenses 2010: $2,566,3032010Expenses 2011: $2,797,8032011Expenses 2012: $2,987,2102012Revenue 2013: $4,183,233Expenses 2013: $3,191,251Net Income 2013: $991,9822013Revenue 2014: $4,415,255Expenses 2014: $3,261,433Net Income 2014: $1,153,8222014Revenue 2015: $4,595,905Expenses 2015: $3,813,961Net Income 2015: $781,9442015Revenue 2016: $4,657,086Expenses 2016: $3,708,797Net Income 2016: $948,2892016Revenue 2017: $4,946,993Expenses 2017: $4,254,705Net Income 2017: $692,2882017Revenue 2018: $5,870,026Expenses 2018: $4,575,519Net Income 2018: $1,294,5072018Revenue 2019: $6,973,474Expenses 2019: $4,882,426Net Income 2019: $2,091,0482019Revenue 2020: $6,824,268Expenses 2020: $5,240,552Net Income 2020: $1,583,7162020Revenue 2021: $6,993,558Expenses 2021: $5,048,503Net Income 2021: $1,945,0552021Revenue 2022: $8,741,308Expenses 2022: $6,553,878Net Income 2022: $2,187,4302022Revenue 2023: $11,043,399Expenses 2023: $7,511,547Net Income 2023: $3,531,8522023

Highlighted filing

2017

Revenue$4,946,993
Expenses$4,254,705
Net Income$692,288
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 14, 2018
Return Version
2017v2.2
Gross Receipts
$4,946,993
Mission and Program Overview

Mission

The mission of westex community credit union is to provide financial services to its members at competetive prices

Mission of westex community is to serve its member/owners needs by exploring and providing services that help them reach their financial goals as well as educate them concerning their financial matters

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$40,109,746$44,230,364▲ $4,120,618
Investments Program Related$22,158,975$30,395,031▲ $8,236,056
Rtn Earn Endowment Incm Other Fnds$8,024,724$8,794,987▲ $770,263
Cash and Non-Interest-Bearing Accounts$5,218,432$5,511,278▲ $292,846
Land, Buildings, and Equipment, Net$2,702,121$3,068,544▲ $366,423
Prepaid Expenses and Deferred Charges$137,035$131,789▼ $5,246
Total Assets$72,701,669$86,002,045▲ $13,300,376
Other Assets Total$2,375,360$2,665,039▲ $289,679
Liabilities
Other Liabilities$63,620,309$75,688,630▲ $12,068,321
Accounts Payable and Accrued Expenses$1,056,636$1,518,428▲ $461,792
Total Liabilities$64,676,945$77,207,058▲ $12,530,113
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,024,724$8,794,987▲ $770,263
Total Liabilities and Net Assets / Fund Balance$72,701,669$86,002,045▲ $13,300,376

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$107,966$1,866,701$1,974,667
Leasehold Improvements$1,233,223$662,001$1,895,224
Buildings$1,131,531$318,153$1,449,684
Land$595,823-$595,823
Other Land Buildings$1$46,893$46,894
Investment Program Related Org$10,000--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Devora MitchellCEOFT$130,414$130,414

Board Members and Trustees

NameTitle
Vonda WarrenChairman
Johnny RamosVice Chairma
Bryan GrayDirector
Cecilia HayesDirector
Victor BerzozaDirector
Wannah HartleySecretary
Eva GunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,591,006
Investment Income
$355,987
Other Revenue
$0
Change in Net Assets
$692,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,187,423
Salaries, Compensation, and Employee Benefits$1,875,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,514,564
Office Expenses---$1,072,508
Other Employee Benefits---$235,991
Occupancy---$204,520
Benefits to Members---$192,078
Depreciation Depletion---$118,601
Payroll Taxes---$111,129
Fees for Services Other---$98,709
Conferences and Meetings---$76,124
Fees for Services Legal---$27,033
Advertising---$25,767
Other Expenses---$16,332
Pension Plan Contributions---$13,520
Interest---$65
All Other Expenses---$-30,457
Total Functional Expenses$0$0$0$4,254,705
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Dep.& Interest$75,688,630
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Credit union is a state chartered credit union comprised of owner/members from a common field of membership and who have paid a authorized minimum membership fee into their share accounts.”

Form 990, Page 6, Part VI, Line 7A

“The members hold annual meetings at which time the members present elect open positions for the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“A copy of form 990 is provided to each board member for review. After review and discussion, the form is approved for remittance to the irs.”

Form 990, Page 6, Part VI, Line 12C

“Officials are requested to disclose any conflicts of interest. If there are any apparent conflicts of interest, the affected official abstains from voting on the conflicting issue.”

Form 990, Page 6, Part VI, Line 15B

“Board of directors reviews the compensation of all their key employees on an annual basis and compares compensation levels against industry standards, credit union size, and services offered. All deliberations are formally recorded in appropriate official minutes.”

Form 990, Page 6, Part VI, Line 19

“The credit union makes available at its main office located at 200 east austin, kermit, texas, copies of the financial statements and governance documents to any member upon request.”

Filing and Contact Details

Filer

Filer Name
Westex Community Credit Union
EIN
75-1085904
Phone
4325866631
Address
200 EAST AUSTIN, KERMIT, TX 79745

Signing Officer

Name
Devora Mitchell
Title
CEO
Phone
4325866631
Signed
2018-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Devora Mitchell
Formed
1961
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
52

Preparer

Firm
Lema & Associates
Address
610 E MARKET ST STE 2906, SAN ANTONIO, TX 78205-2680
Preparer
Angel R Lema CPA
Phone
2102124822
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Refer to part iii, page 2 for year 2017 exempt purpose accomplishmets.”

Form 990, Page 5, Part V, Line 3B

“No unrelated taxable income was recorded during the current year.”

Form 990, Part XI, Line 9

“Equity acquired in merger 0 comprehensive inc.adjustment 57,072 unrealized gain/afs investment 20,903 ret.plan cost recognition 0 total 77,975 comprehensive income adjutment 57,072.00 unrealied gain/af investment 20,903.00”

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01056636
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01518428
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MISSION OF WESTEX COMMUNITY IS TO SERVE ITS MEMBER/OWNERS NEEDS BY EXPLORING AND PROVIDING SERVICES THAT HELP THEM REACH THEIR FINANCIAL GOALS AS WELL AS EDUCATE THEM CONCERNING THEIR FINANCIAL MATTERS
IRS990/AdvertisingGrp/TotalAmt025767
IRS990/AllOtherExpensesGrp/TotalAmt0-30457
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt0192078
IRS990/BooksInCareOfDetail/PersonNm0DEVORA MITCHELL
IRS990/BooksInCareOfDetail/PhoneNum04325866631
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E AUSTIN
IRS990/BooksInCareOfDetail/USAddress/CityNm0KERMIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079745
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05218432
IRS990/CashNonInterestBearingGrp/EOYAmt05511278
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt076124
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0192078
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0355987
IRS990/CYOtherExpensesAmt02187423
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04591006
IRS990/CYRevenuesLessExpensesAmt0692288
IRS990/CYSalariesCompEmpBnftPaidAmt01875204
IRS990/CYTotalExpensesAmt04254705
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04946993
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0118601
IRS990/Desc0CREDIT UNION NOW HAS REMOTE DEPOSIT CAPTURE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt052
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/TotalAmt027033
IRS990/FeesForServicesOtherGrp/TotalAmt098709
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt740.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0VONDA WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHNNY RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm2WANNAH HARTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3EVA GUNN
IRS990/Form990PartVIISectionAGrp/PersonNm4VICTOR BERZOZA
IRS990/Form990PartVIISectionAGrp/PersonNm5BRYAN GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm6CECILIA HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm7DEVORA MITCHELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7130414
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01961
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04946993
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt065
IRS990/InvestmentIncomeGrp/ExclusionAmt0355987
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0355987
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt022158975
IRS990/InvestmentsProgramRelatedGrp/EOYAmt030395031
IRS990/IRPDocumentCnt01275
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02893748
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02702121
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03068544
IRS990/LandBldgEquipCostOrOtherBssAmt05962292
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MISSION OF WESTEX COMMUNITY IS TO SERVE ITS MEMBER/OWNERS NEEDS BY EXPLORING AND PROVIDING SERVICES THAT HELP THEM REACH THEIR FINANCIAL GOALS AS WELL AS EDUCATE THEM CONCERNING THEIR FINANCIAL MATTERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08024724
IRS990/NetAssetsOrFundBalancesEOYAmt08794987
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0204520
IRS990/OfficeExpensesGrp/TotalAmt01072508
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02375360
IRS990/OtherAssetsTotalGrp/EOYAmt02665039
IRS990/OtherChangesInNetAssetsAmt077975
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0235991
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1LOAN PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2DEBIT CARD THEFT/FRAUD
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt0445969
IRS990/OtherExpensesGrp/TotalAmt187839
IRS990/OtherExpensesGrp/TotalAmt244413
IRS990/OtherExpensesGrp/TotalAmt316332
IRS990/OtherLiabilitiesGrp/BOYAmt063620309
IRS990/OtherLiabilitiesGrp/EOYAmt075688630
IRS990/OtherSalariesAndWagesGrp/TotalAmt01514564
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040109746
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt044230364
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0111129
IRS990/PensionPlanContributionsGrp/TotalAmt013520
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0137035
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0131789
IRS990/PrincipalOfficerNm0DEVORA MITCHELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPER.INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02510051
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11064854
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21016101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02510051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11064854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21016101
IRS990/ProgSrvcAccomActy2Grp/Desc0CREDIT UNION IMPLEMENTED THE GROOVE CAR WEBSIRE
IRS990/ProgSrvcAccomActy3Grp/Desc0NO SIGNIFICANT ACHIVEMENTS DURING THE YEAR 2017
IRS990/ProgSrvcAccomActyOtherGrp/Desc0REFER TO PART III, PAGE 2 FOR YEAR 2017 EXEMPT PURPOSE ACCOMPLISHMETS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04254705
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0173670
IRS990/PYInvestmentIncomeAmt0208963
IRS990/PYOtherExpensesAmt01755677
IRS990/PYProgramServiceRevenueAmt04448123
IRS990/PYRevenuesLessExpensesAmt0948289
IRS990/PYSalariesCompEmpBnftPaidAmt01779450
IRS990/PYTotalExpensesAmt03708797
IRS990/PYTotalRevenueAmt04657086
IRS990/ReconcilationRevenueExpnssAmt0692288
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08024724
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08794987
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01131531
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0318153
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01449684
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107966
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01866701
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01974667
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt014340000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt17540213
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt26500000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31240503
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4681009
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt558306
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt625000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt710000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERT. OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1FHLB/FNMA/FGG INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2PERFORMANCE TIERED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3CASH MANAGEMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4NCUSIF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5CAPITAL SHARES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6CIF-90 DAY ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7NCB-CIF INVESTMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/LandGrp/BookValueAmt0595823
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0595823
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01233223
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0662001
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01895224
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046893
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075688630
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEP.& INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03068544
IRS990ScheduleD/TotalBookValueProgramRltdAmt030395031
IRS990ScheduleD/TotalLiabilityAmt075688630
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFER TO PART III, PAGE 2 FOR YEAR 2017 EXEMPT PURPOSE ACCOMPLISHMETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO UNRELATED TAXABLE INCOME WAS RECORDED DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT UNION IS A STATE CHARTERED CREDIT UNION COMPRISED OF OWNER/MEMBERS FROM A COMMON FIELD OF MEMBERSHIP AND WHO HAVE PAID A AUTHORIZED MINIMUM MEMBERSHIP FEE INTO THEIR SHARE ACCOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS HOLD ANNUAL MEETINGS AT WHICH TIME THE MEMBERS PRESENT ELECT OPEN POSITIONS FOR THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. AFTER REVIEW AND DISCUSSION, THE FORM IS APPROVED FOR REMITTANCE TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICIALS ARE REQUESTED TO DISCLOSE ANY CONFLICTS OF INTEREST. IF THERE ARE ANY APPARENT CONFLICTS OF INTEREST, THE AFFECTED OFFICIAL ABSTAINS FROM VOTING ON THE CONFLICTING ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF ALL THEIR KEY EMPLOYEES ON AN ANNUAL BASIS AND COMPARES COMPENSATION LEVELS AGAINST INDUSTRY STANDARDS, CREDIT UNION SIZE, AND SERVICES OFFERED. ALL DELIBERATIONS ARE FORMALLY RECORDED IN APPROPRIATE OFFICIAL MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CREDIT UNION MAKES AVAILABLE AT ITS MAIN OFFICE LOCATED AT 200 EAST AUSTIN, KERMIT, TEXAS, COPIES OF THE FINANCIAL STATEMENTS AND GOVERNANCE DOCUMENTS TO ANY MEMBER UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUITY ACQUIRED IN MERGER 0 COMPREHENSIVE INC.ADJUSTMENT 57,072 UNREALIZED GAIN/AFS INVESTMENT 20,903 RET.PLAN COST RECOGNITION 0 TOTAL 77,975 COMPREHENSIVE INCOME ADJUTMENT 57,072.00 UNREALIED GAIN/AF INVESTMENT 20,903.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt072701669
IRS990/TotalAssetsEOYAmt086002045
IRS990/TotalAssetsGrp/BOYAmt072701669
IRS990/TotalAssetsGrp/EOYAmt086002045
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04254705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt064676945
IRS990/TotalLiabilitiesEOYAmt077207058
IRS990/TotalLiabilitiesGrp/BOYAmt064676945
IRS990/TotalLiabilitiesGrp/EOYAmt077207058
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08024724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08794987
IRS990/TotalOtherProgSrvcExpenseAmt04254705
IRS990/TotalProgramServiceExpensesAmt04254705
IRS990/TotalProgramServiceRevenueAmt04591006
IRS990/TotalReportableCompFromOrgAmt0130414
IRS990/TotalRevenueGrp/ExclusionAmt0355987
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04591006
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04946993
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt072701669
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt086002045
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 E AUSTIN
IRS990/USAddress/CityNm0KERMIT
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079745
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WCCU.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEVORA MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04325866631
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTEX COMMUNITY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0751085904
ReturnHeader/Filer/PhoneNum04325866631
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 EAST AUSTIN
ReturnHeader/Filer/USAddress/CityNm0KERMIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079745
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.181.102.11
ReturnHeader/FilingSecurityInformation/IPDt02018-02-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:52:26
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEMA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0610 E MARKET ST STE 2906
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0782052680
ReturnHeader/PreparerPersonGrp/PhoneNum02102124822
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGEL R LEMA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-02-24T12:52:26-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$86,002,045
Liabilities
$77,207,058
Net assets
$8,794,987
Revenue
$4,946,993
Expenses
$4,254,705
Net income
$692,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$184$162$21.7$11.0$7.51$3.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$173$156$17.6$8.74$6.55$2.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$143$129$14.1$6.99$5.05$1.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$129$116$13.0$6.82$5.24$1.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$117$105$11.9$6.97$4.88$2.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$103$93.0$10.1$5.87$4.58$1.29
2017Detailed filing. Detailed filing data is available for this year.$86.0$77.2$8.79$4.95$4.25$0.69
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.7$64.7$8.02$4.66$3.71$0.95
2015Detailed filing. Detailed filing data is available for this year.$69.4$62.3$7.07$4.60$3.81$0.78
2014Detailed filing. Detailed filing data is available for this year.$68.2$62.1$6.07$4.42$3.26$1.15
2013Detailed filing. Detailed filing data is available for this year.$57.9$53.1$4.86$4.18$3.19$0.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.7$46.7$4.98$2.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.1$38.0$4.09$2.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$30.5$3.66$2.57