Civic Intelligence

Mtcu

990 • Fiscal year 2013 • EIN 75-1100957

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 12, 2014

Organization ProfileWWW.MTCU.ORG

View Organization Page

4717 N Midkiff79705

(432) 688-7300

Siviq Scores

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

Liabilities / Assets

75th percentile

0.91x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

19.72x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

51st percentile

$190,787

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

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

Asset Growth

60th percentile

3.6%

Faster asset growth than 60% 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 / Assets75th percentile

Assets

Up

$105,071,417

Up $3,622,830 (+3.6%) from 2012

Net Assets

Up

$9,102,312

Up $812,472 (+9.8%) from 2012

Liabilities

Up

$95,969,105

Up $2,810,358 (+3.0%) from 2012

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin71st percentile

Revenue

$4,865,394

No earlier filing loaded for comparison.

Expenses

Up

$4,112,058

Up $246,941 (+6.4%) from 2012

Net Income

$753,336

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$150M$100M$50M$0Assets 2010: $81,617,785Liabilities 2010: $74,301,291Net Assets 2010: $7,316,4942010Assets 2011: $93,341,663Liabilities 2011: $85,363,855Net Assets 2011: $7,977,8082011Assets 2012: $101,448,587Liabilities 2012: $93,158,747Net Assets 2012: $8,289,8402012Assets 2013: $105,071,417Liabilities 2013: $95,969,105Net Assets 2013: $9,102,3122013Assets 2014: $114,374,739Liabilities 2014: $104,450,253Net Assets 2014: $9,924,4862014Assets 2015: $115,120,033Liabilities 2015: $105,020,592Net Assets 2015: $10,099,4412015Assets 2016: $115,152,796Liabilities 2016: $105,335,504Net Assets 2016: $9,817,2922016Assets 2017: $121,691,202Liabilities 2017: $111,667,802Net Assets 2017: $10,023,4002017Assets 2018: $129,853,916Liabilities 2018: $119,954,643Net Assets 2018: $9,899,2732018Assets 2019: $129,946,776Liabilities 2019: $118,834,777Net Assets 2019: $11,111,9992019Assets 2020: $135,379,260Liabilities 2020: $123,667,633Net Assets 2020: $11,711,6272020Assets 2021: $143,998,178Liabilities 2021: $131,617,181Net Assets 2021: $12,380,9972021Assets 2022: $148,244,519Liabilities 2022: $138,601,479Net Assets 2022: $9,643,0402022Assets 2023: $138,084,055Liabilities 2023: $127,082,383Net Assets 2023: $11,001,6722023Assets 2024: $135,039,249Liabilities 2024: $123,035,860Net Assets 2024: $12,003,3892024

Highlighted filing

2013

Assets$105,071,417
Liabilities$95,969,105
Net Assets$9,102,312
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0Expenses 2010: $4,701,2212010Expenses 2011: $4,200,6532011Expenses 2012: $3,865,1172012Revenue 2013: $4,865,394Expenses 2013: $4,112,058Net Income 2013: $753,3362013Revenue 2014: $5,141,157Expenses 2014: $4,079,208Net Income 2014: $1,061,9492014Revenue 2015: $5,981,412Expenses 2015: $5,512,320Net Income 2015: $469,0922015Revenue 2016: $5,970,325Expenses 2016: $5,806,557Net Income 2016: $163,7682016Revenue 2017: $5,995,112Expenses 2017: $5,883,213Net Income 2017: $111,8992017Revenue 2018: $6,712,631Expenses 2018: $6,455,591Net Income 2018: $257,0402018Revenue 2019: $7,453,685Expenses 2019: $7,076,638Net Income 2019: $377,0472019Revenue 2020: $7,741,069Expenses 2020: $6,960,232Net Income 2020: $780,8372020Revenue 2021: $7,400,793Expenses 2021: $6,775,537Net Income 2021: $625,2562021Revenue 2022: $8,352,706Expenses 2022: $7,438,390Net Income 2022: $914,3162022Revenue 2023: $8,873,097Expenses 2023: $8,013,158Net Income 2023: $859,9392023Revenue 2024: $9,285,996Expenses 2024: $8,145,824Net Income 2024: $1,140,1722024

Highlighted filing

2013

Revenue$4,865,394
Expenses$4,112,058
Net Income$753,336
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 12, 2014
Return Version
2013v3.0
Gross Receipts
$5,114,798
Mission and Program Overview

Mission

Mtcu is a cooperative thrift institution and is a member of the national credit union association insurance fund. The credit union is regulated by the state of texas credit union department as well as the national credit union administration. Mtcu offers products and services in four primary areas: share & checking accounts, consumer loans, and real estate loans. Mtcu is dedicated to providing personal, courteous, and professional service in an efficient and caring manner and to meeting the diverse needs of the member-owners through sound management practices.

Mtcu is a cooperative thrift institution and is a member of the national credit union association insurance fund. The credit union is regulated by the state of texas credit union department as well as the national credit union administration. Mtcu offers products and services in four primary areas: share & checking accounts, consumer loans, and real estate loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$55,153,842$51,152,425▼ $4,001,417
Other Notes and Loans Receivable, Net$40,823,740$45,701,002▲ $4,877,262
Rtn Earn Endowment Incm Other Fnds$8,289,840$9,102,312▲ $812,472
Land, Buildings, and Equipment, Net$4,262,787$4,691,279▲ $428,492
Cash and Non-Interest-Bearing Accounts$902,873$2,274,898▲ $1,372,025
Prepaid Expenses and Deferred Charges$80,032$979,101▲ $899,069
Accounts Receivable$1,838$19,800▲ $17,962
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$101,448,587$105,071,417▲ $3,622,830
Other Assets Total$223,475$252,912▲ $29,437
Liabilities
Other Liabilities$92,457,056$95,114,985▲ $2,657,929
Accounts Payable and Accrued Expenses$701,691$854,120▲ $152,429
Total Liabilities$93,158,747$95,969,105▲ $2,810,358
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,289,840$9,102,312▲ $812,472
Total Liabilities and Net Assets / Fund Balance$101,448,587$105,071,417▲ $3,622,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,529,946$538,839$4,068,785
Equipment$458,461$992,196$1,450,657
Land$702,872-$702,872
Other Securities$3,868,509--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jana HaneyPresidentFT$124,363$66,424$190,787
Sandra EdmistonCFOFT$101,256$9,851$111,107

Board Members and Trustees

NameTitle
Betty MerrittChair
Ofelia PallanezVice Chair
Ariel ElliottBoard Member
Betty LathanBoard Member
Roberto CedilloBoard Member
Linda HancockSecretary
Karen KittoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,029,025
Investment Income
$831,030
Other Revenue
$5,339
Change in Net Assets
$753,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,865,510
Other Expenses$1,847,743
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,159,901
Office Expenses---$947,668
Benefits to Members---$398,805
Current Officers, Directors, Trustees, and Key Employees---$301,334
Pension Plan Contributions---$186,964
Depreciation Depletion---$167,376
Occupancy---$155,152
Advertising---$114,796
Other Employee Benefits---$112,851
Payroll Taxes---$104,460
Fees for Services Other---$75,827
Insurance---$70,413
Other Expenses---$30,128
All Other Expenses---$28,103
Travel---$24,894
Fees for Services Legal---$21,290
Fees for Services Accounting---$9,000
Interest---$3
Total Functional Expenses$0$0$0$4,112,058
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
MEMBERS' SHARES$95,114,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits or excess dues in the form of cash dividends.”

Form 990, Part VI, Section A, Line 7A

“Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.”

Form 990, Part VI, Section A, Line 7B

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

Form 990, Part VI, Section B, Line 11

“Form 990 is prepared by an outside accounting firm using the information provided by mtcu. Upon completion of the form, a copy will be presented to the board of directors for feedback and comments prior to filing the form with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“Managers monitor potential conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The credit union uses hrn management group compensation software and tcul salary survey results to determine appropriate compensation for its officers and key employees. The board of directors sets the president's salary and the president sets the salaries for the rest of employees.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available for view to members at the lobby of branches. The credit union's policies are not available for view to members.”

Filing and Contact Details

Filer

EIN
75-1100957
Phone
4326887300

Signing Officer

Name
Jana Haney
Title
President
Phone
4326887300
Signed
2014-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jana Haney
Formed
1955
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
46
Volunteers
0

Preparer

Preparer
Gerald B Kissell
Phone
6123324300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net unrealized loss on penion plan 168,198.”

Raw XML AppendixShowing 400 of 419 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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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040823740
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt045701002
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0104460
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0186964
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080032
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0979101
IRS990/PrincipalOfficerNm0JANA HANEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE & CHARGES INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MASTERCARD INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02688432
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11061309
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2166090
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt380312
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02688432
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11068091
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2192190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt380312
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt06782
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt126100
IRS990/ProgSrvcAccomActy2Grp/Desc0CHECKING ACCOUNTSMTCU PROVIDES CHECKING ACCOUNTS FOR MEMBERS. MTCU EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, FREE INTERNET ACCESS, FREE BILL PAY, AND FREE TELEPHONE TELLER. 51% OF THE MEMBERSHIP HOLDS A CHECKING ACCOUNT.
IRS990/ProgSrvcAccomActy3Grp/Desc0CONSUMER LOANSMTCU HAS PROVIDED VEHICLE LOANS SINCE ITS FIRST YEAR OF BUSINESS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES, BOATS, AND MOTORCYCLES. CONSUMER LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOAN TYPES. MTCU OFFERS PERSONAL LOANS AND HOME EQUITY LOANS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0423609
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0641717
IRS990/PYOtherExpensesAmt01738323
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03876738
IRS990/PYRevenuesLessExpensesAmt0653338
IRS990/PYSalariesCompEmpBnftPaidAmt01703185
IRS990/PYTotalExpensesAmt03865117
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04518455
IRS990/ReconcilationRevenueExpnssAmt0753336
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08289840
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09102312
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03529946
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0538839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04068785
IRS990ScheduleD/EquipmentGrp/BookValueAmt0458461
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0992196
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01450657
IRS990ScheduleD/LandGrp/BookValueAmt0702872
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0702872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt095114985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt038325797
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1929673
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2204044
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31824402
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt46000000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt53868509
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATE OF DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NCUSIF
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CATALYST CORPORATE CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INVESTMENT IN CATALYST CORPORATE CU
IRS990ScheduleD/OtherSecuritiesGrp/Desc4EBA HELD AT FEDERAL RESERVE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5MORTGAGE BACKED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04691279
IRS990ScheduleD/TotalBookValueSecuritiesAmt051152425
IRS990ScheduleD/TotalLiabilityAmt095114985
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0124363
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount056467
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt03900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JANA HANEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190787
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES IN THE FORM OF CASH DIVIDENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM USING THE INFORMATION PROVIDED BY MTCU. UPON COMPLETION OF THE FORM, A COPY WILL BE PRESENTED TO THE BOARD OF DIRECTORS FOR FEEDBACK AND COMMENTS PRIOR TO FILING THE FORM WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGERS MONITOR POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION USES HRN MANAGEMENT GROUP COMPENSATION SOFTWARE AND TCUL SALARY SURVEY RESULTS TO DETERMINE APPROPRIATE COMPENSATION FOR ITS OFFICERS AND KEY EMPLOYEES. THE BOARD OF DIRECTORS SETS THE PRESIDENT'S SALARY AND THE PRESIDENT SETS THE SALARIES FOR THE REST OF EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEW TO MEMBERS AT THE LOBBY OF BRANCHES. THE CREDIT UNION'S POLICIES ARE NOT AVAILABLE FOR VIEW TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NET UNREALIZED LOSS ON PENION PLAN 168,198.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0101448587
IRS990/TotalAssetsEOYAmt0105071417
IRS990/TotalAssetsGrp/BOYAmt0101448587
IRS990/TotalAssetsGrp/EOYAmt0105071417
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/TotalAmt04112058
IRS990/TotalGrossUBIAmt032882
IRS990/TotalLiabilitiesBOYAmt093158747
IRS990/TotalLiabilitiesEOYAmt095969105
IRS990/TotalLiabilitiesGrp/BOYAmt093158747
IRS990/TotalLiabilitiesGrp/EOYAmt095969105
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08289840
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09102312
IRS990/TotalOtherCompensationAmt019808
IRS990/TotalProgramServiceRevenueAmt04029025
IRS990/TotalReportableCompFromOrgAmt0282086
IRS990/TotalRevenueGrp/ExclusionAmt0831030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04001482
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04865394
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt032882
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0101448587
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0105071417
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt024894
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine104717 N MIDKIFF
IRS990/USAddress/City0MIDLAND
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode079705
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MTCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANA HANEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04326887300
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10MTCU
ReturnHeader/Filer/BusinessNameControlTxt0MTCU

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
$105,071,417
Liabilities
$95,969,105
Net assets
$9,102,312
Revenue
$4,865,394
Expenses
$4,112,058
Net income
$753,336
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$123$12.0$9.29$8.15$1.14
2023Detailed filing. Detailed filing data is available for this year.$138$127$11.0$8.87$8.01$0.86
2022Detailed filing. Detailed filing data is available for this year.$148$139$9.64$8.35$7.44$0.91
2021Detailed filing. Detailed filing data is available for this year.$144$132$12.4$7.40$6.78$0.63
2020Detailed filing. Detailed filing data is available for this year.$135$124$11.7$7.74$6.96$0.78
2019Detailed filing. Detailed filing data is available for this year.$130$119$11.1$7.45$7.08$0.38
2018Detailed filing. Detailed filing data is available for this year.$130$120$9.90$6.71$6.46$0.26
2017Detailed filing. Detailed filing data is available for this year.$122$112$10.0$6.00$5.88$0.11
2016Detailed filing. Detailed filing data is available for this year.$115$105$9.82$5.97$5.81$0.16
2015Detailed filing. Detailed filing data is available for this year.$115$105$10.1$5.98$5.51$0.47
2014Detailed filing. Detailed filing data is available for this year.$114$104$9.92$5.14$4.08$1.06
2013Detailed filing. Detailed filing data is available for this year.$105$96.0$9.10$4.87$4.11$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$93.2$8.29$3.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.3$85.4$7.98$4.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.6$74.3$7.32$4.70
Peer Organizations

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