Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Members Preferred Credit Union
990 • Fiscal year 2014 • EIN 82-0288866
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.89x
Liabilities / Revenue
23rd percentile
Higher debt load relative to revenue than 23% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 7.3% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Down$19,737,618
Down $634,036 (-3.1%) from 2013
Net Assets
Up$2,076,980
Up $311,389 (+18%) from 2013
Liabilities
Down$17,660,638
Down $945,425 (-5.1%) from 2013
Revenue And Expenses
Revenue
Up$1,224,028
Up $68,853 (+6.0%) from 2013
Expenses
Down$912,639
Down $34,534 (-3.6%) from 2013
Net Income
Up$311,389
Up $103,387 (+50%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Mar 13, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $1,224,028
Mission and Program Overview
Mission
To provide co-operative financial services to members.
To provide co-operative financial services to members
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $11,835,882 | $13,877,592 | ▲ $2,041,710 |
| Savings and Temporary Cash Investments | $7,060,729 | $4,376,443 | ▼ $2,684,286 |
| Cap Stk Tr Prin Current Funds | $1,201,223 | $1,201,223 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $564,368 | $875,757 | ▲ $311,389 |
| Receivables From Officers Etc | $527,279 | $482,521 | ▼ $44,758 |
| Cash and Non-Interest-Bearing Accounts | $285,428 | $368,769 | ▲ $83,341 |
| Land, Buildings, and Equipment, Net | $318,024 | $295,181 | ▼ $22,843 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $20,371,654 | $19,737,618 | ▼ $634,036 |
| Other Assets Total | $344,312 | $337,112 | ▼ $7,200 |
| Liabilities | |||
| Other Liabilities | $18,606,063 | $17,660,638 | ▼ $945,425 |
| Total Liabilities | $18,606,063 | $17,660,638 | ▼ $945,425 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,765,591 | $2,076,980 | ▲ $311,389 |
| Total Liabilities and Net Assets / Fund Balance | $20,371,654 | $19,737,618 | ▼ $634,036 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $36,099 | $399,940 | $436,039 |
| Buildings | $120,287 | $300,325 | $420,612 |
| Land | $133,124 | - | $133,124 |
| Leasehold Improvements | $5,671 | $27,989 | $33,660 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Greg Johnson | CEO | FT | $89,613 | $89,613 |
| Jennifer Wilson-goddard | Vice President | FT | $77,328 | $77,328 |
Board Members and Trustees
| Name | Title |
|---|---|
| Kirk Doman | Chair |
| Ron Albaugh | Vice Chair |
| Kent Jeppesen | Director |
| Max Boyce | Secretary |
| Linda Howell | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,132,832
- Investment Income
- $47,425
- Other Revenue
- $43,771
- Change in Net Assets
- $311,389
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $503,021 |
| Salaries, Compensation, and Employee Benefits | $409,618 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | - | - | - | $263,194 |
| Other Salaries and Wages | - | - | - | $242,677 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $166,941 |
| Occupancy | - | - | - | $41,224 |
| All Other Expenses | - | - | - | $12,453 |
| Other Expenses | - | - | - | $11,898 |
| Travel | - | - | - | $1,716 |
| Interest | - | - | - | $1 |
| Total Functional Expenses | $0 | $0 | $0 | $912,639 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Officers, Directors, Trustees, and Key Employees | $527,279 | $482,521 | ▼ $44,758 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Members Share & Savings Accounts | $17,637,671 |
| Other Liabilities | $22,967 |
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
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“There are approximately 3,638 members that utilize the financial services provided by members preferred credit union (mpcu).”
Form 990, Part VI, Section A, Line 7A
“Mpcu members are entitled to cast a vote during the election of the board of directors. Members concerns and suggestions are also taken into consideration throughout the year. Mpcu listens to the needs of its members and gears its services and promotions around those needs.”
Form 990, Part VI, Section B, Line 11
“The board of directors has assigned management with the responsibility of ensuring that form 990 is accurately prepared and timely filed. Management works closely with its external accountant to prepare form 990. Management provides the information, both financial and non-financial, necessary to prepare the form. Management is provided a complete copy of form 990 to review and sign. The return is not filed until this review is complete and the necessary signiture is obtained.”
Form 990, Part VI, Section B, Line 12C
“Mpcu closely monitors and enforces its conflict of interest policy. This is done primarily by the board of directors at its monthly board meetings. Potential conflicts of interest are brought to the attention of the board at these meetings, and affected board members are precluded from voting or commenting on the item or issue.”
Form 990, Part VI, Section B, Line 15
“Mpcu uses a third-party software program to assist in determining the compensation of management and other key empolyees. The software, compease from koker goodwin & asociates, has been developed specifically for the credit union industry. It contains detailed compensation information for credit unions that are similar in size to mpcu and are located in our geographical area. Based on the information from compease, management proposes a compensation amount to the board of directors. The board is responsible for the final approval or disapproval of the proposed compensation amount.”
Form 990, Part VI, Section C, Line 19
“Mpcu makes its information available to the public in the following ways: 1.) annual member meeting to discuss financial results of operations, policies, and procedures, and election of board members. 2.) financial statements are posted in mpcu's lobby on a monthly basis. 3.) summarized financial information is available on mpcu's website. 4.) individual request to review governing documents and policy/procedure manuals can be made at the main branch.”
Filing and Contact Details
Filer
- Filer Name
- Members Preferred Credit Union
- EIN
- 82-0288866
- Phone
- 2085230090
- Address
- 1515 HOOPS AVENUE, IDAHO FALLS, ID 83404
Signing Officer
- Name
- Greg Johnson
- Title
- CEO
- Phone
- 2083467922
- Signed
- 2015-03-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Greg Johnson
- Formed
- 1968
- Legal Domicile
- Id
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 12
- Volunteers
- 0
Preparer
- Firm
- Wipfli Llp
- Address
- PO BOX 50699, IDAHO FALLS, ID 83405
- Preparer
- Fred Goodworth
- Phone
- 2085235953
Raw XML Appendix369 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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO MEMBERS |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 12453 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | GREG JOHNSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2085230090 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1515 HOOPS AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | IDAHO FALLS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ID |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 83404 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 1201223 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 1201223 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 285428 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 368769 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 166941 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 47425 |
| IRS990/CYOtherExpensesAmt | 0 | 503021 |
| IRS990/CYOtherRevenueAmt | 0 | 43771 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1132832 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 311389 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 409618 |
| IRS990/CYTotalExpensesAmt | 0 | 912639 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1224028 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE CREDIT UNION PROVIDED CO-OPERATIVE FINANCIAL SERVICES TO APPROXIMATELY 3,638 MEMBERS IN 2014. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 12 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KIRK DOMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RON ALBAUGH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MAX BOYCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LINDA HOWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KENT JEPPESEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JENNIFER WILSON-GODDARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GREG JOHNSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 77328 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 89613 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1224028 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/TotalAmt | 0 | 1 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 47425 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 47425 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 172 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 728254 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 318024 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 295181 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1023435 |
| IRS990/LegalDomicileStateCd | 0 | ID |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 900 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 900 |
| IRS990/MissionDesc | 0 | TO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO MEMBERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1765591 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2076980 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -409 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 41224 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 263194 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 344312 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 337112 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN SERVICEING |
| IRS990/OtherExpensesGrp/Desc | 1 | PROFESSIONAL & OUTSIDE |
| IRS990/OtherExpensesGrp/Desc | 2 | DIVIDENDS ON MEMBER SHA |
| IRS990/OtherExpensesGrp/Desc | 3 | EXAMINATION FEES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 95216 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 58538 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 18781 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11898 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 18606063 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 17660638 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 524298 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 522100 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 524298 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | GAP-MBI INSURANCE INCO |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | FOREIGN ATM CARD INCOM |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | AD&D AND CREDIT INSURA |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 22133 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 14590 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 6148 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 22133 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 1 | 14590 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 2 | 6148 |
| IRS990/OtherRevenueTotalAmt | 0 | 43771 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 242677 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 11835882 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 13877592 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | GREG JOHNSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER OPERATING INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 764094 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 228202 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 140536 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 764094 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 228202 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 140536 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 49957 |
| IRS990/PYOtherExpensesAmt | 0 | 551656 |
| IRS990/PYOtherRevenueAmt | 0 | 33057 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1072161 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 208002 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 395517 |
| IRS990/PYTotalExpensesAmt | 0 | 947173 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1155175 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 527279 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 482521 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 311389 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 564368 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 875757 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 7060729 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4376443 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 120287 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 300325 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 420612 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 133124 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 133124 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 5671 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 27989 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 33660 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 36099 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 399940 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 436039 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 17637671 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 22967 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBERS SHARE & SAVINGS ACCOUNTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | OTHER LIABILITIES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 295181 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 17660638 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 116213 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 366308 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | MORTGAGE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | MORTGAGE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 155500 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 520000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | GREG JOHNSON |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 1 | KENT JEPPESEN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | BOARD |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 482521 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE ARE APPROXIMATELY 3,638 MEMBERS THAT UTILIZE THE FINANCIAL SERVICES PROVIDED BY MEMBERS PREFERRED CREDIT UNION (MPCU). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MPCU MEMBERS ARE ENTITLED TO CAST A VOTE DURING THE ELECTION OF THE BOARD OF DIRECTORS. MEMBERS CONCERNS AND SUGGESTIONS ARE ALSO TAKEN INTO CONSIDERATION THROUGHOUT THE YEAR. MPCU LISTENS TO THE NEEDS OF ITS MEMBERS AND GEARS ITS SERVICES AND PROMOTIONS AROUND THOSE NEEDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS HAS ASSIGNED MANAGEMENT WITH THE RESPONSIBILITY OF ENSURING THAT FORM 990 IS ACCURATELY PREPARED AND TIMELY FILED. MANAGEMENT WORKS CLOSELY WITH ITS EXTERNAL ACCOUNTANT TO PREPARE FORM 990. MANAGEMENT PROVIDES THE INFORMATION, BOTH FINANCIAL AND NON-FINANCIAL, NECESSARY TO PREPARE THE FORM. MANAGEMENT IS PROVIDED A COMPLETE COPY OF FORM 990 TO REVIEW AND SIGN. THE RETURN IS NOT FILED UNTIL THIS REVIEW IS COMPLETE AND THE NECESSARY SIGNITURE IS OBTAINED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MPCU CLOSELY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY. THIS IS DONE PRIMARILY BY THE BOARD OF DIRECTORS AT ITS MONTHLY BOARD MEETINGS. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE BOARD AT THESE MEETINGS, AND AFFECTED BOARD MEMBERS ARE PRECLUDED FROM VOTING OR COMMENTING ON THE ITEM OR ISSUE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MPCU USES A THIRD-PARTY SOFTWARE PROGRAM TO ASSIST IN DETERMINING THE COMPENSATION OF MANAGEMENT AND OTHER KEY EMPOLYEES. THE SOFTWARE, COMPEASE FROM KOKER GOODWIN & ASOCIATES, HAS BEEN DEVELOPED SPECIFICALLY FOR THE CREDIT UNION INDUSTRY. IT CONTAINS DETAILED COMPENSATION INFORMATION FOR CREDIT UNIONS THAT ARE SIMILAR IN SIZE TO MPCU AND ARE LOCATED IN OUR GEOGRAPHICAL AREA. BASED ON THE INFORMATION FROM COMPEASE, MANAGEMENT PROPOSES A COMPENSATION AMOUNT TO THE BOARD OF DIRECTORS. THE BOARD IS RESPONSIBLE FOR THE FINAL APPROVAL OR DISAPPROVAL OF THE PROPOSED COMPENSATION AMOUNT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MPCU MAKES ITS INFORMATION AVAILABLE TO THE PUBLIC IN THE FOLLOWING WAYS: 1.) ANNUAL MEMBER MEETING TO DISCUSS FINANCIAL RESULTS OF OPERATIONS, POLICIES, AND PROCEDURES, AND ELECTION OF BOARD MEMBERS. 2.) FINANCIAL STATEMENTS ARE POSTED IN MPCU'S LOBBY ON A MONTHLY BASIS. 3.) SUMMARIZED FINANCIAL INFORMATION IS AVAILABLE ON MPCU'S WEBSITE. 4.) INDIVIDUAL REQUEST TO REVIEW GOVERNING DOCUMENTS AND POLICY/PROCEDURE MANUALS CAN BE MADE AT THE MAIN BRANCH. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 20371654 |
| IRS990/TotalAssetsEOYAmt | 0 | 19737618 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 20371654 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 19737618 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 12 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 912639 |
| IRS990/TotalGrossUBIAmt | 0 | 43771 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 18606063 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 17660638 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 18606063 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 17660638 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1765591 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2076980 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1132832 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 166941 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1180257 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1224028 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 43771 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 20371654 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 19737618 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 1716 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1515 HOOPES AVENUE |
| IRS990/USAddress/CityNm | 0 | IDAHO FALLS |
| IRS990/USAddress/StateAbbreviationCd | 0 | ID |
| IRS990/USAddress/ZIPCd | 0 | 83404 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MEMBERSPREFFERED.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GREG JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2083467922 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-03-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MEMBERS PREFERRED CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MEMB |
| ReturnHeader/Filer/EIN | 0 | 820288866 |
| ReturnHeader/Filer/PhoneNum | 0 | 2085230090 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1515 HOOPS AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | IDAHO FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 83404 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390758449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WIPFLI LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 50699 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | IDAHO FALLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 83405 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2085235953 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-03-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FRED GOODWORTH |
| ReturnHeader/ReturnTs | 0 | 2015-03-30T19:28:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $19,737,618
- Liabilities
- $17,660,638
- Net assets
- $2,076,980
- Revenue
- $1,224,028
- Expenses
- $912,639
- Net income
- $311,389