Civic Intelligence

Colorado Lending Source Ltd

990 • Fiscal year 2017 • EIN 84-1171311

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 30, 2018

Organization ProfileCOLORADOLENDINGSOURCE.ORG

View Organization Page

1441 18th StreetDenver, CO 80202

(303) 657-0010

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.58x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.76x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Net Margin

60th percentile

6.7%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$304,033

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

21%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$7,081,878

Up $1,132,002 (+19%) from 2016

Net Assets

Up

$2,993,752

Up $360,906 (+14%) from 2016

Liabilities

Up

$4,088,126

Up $771,096 (+23%) from 2016

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin60th percentile

Revenue

Up

$5,358,915

Up $936,350 (+21%) from 2016

Expenses

Down

$4,998,009

Down $92,111 (-1.8%) from 2016

Net Income

Up

$360,906

Up $1,028,461 (+154%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$30M$20M$10M$0Assets 2011: $5,479,291Liabilities 2011: $1,596,436Net Assets 2011: $3,882,8552011Assets 2012: $6,184,653Liabilities 2012: $2,077,643Net Assets 2012: $4,107,0102012Assets 2013: $5,638,810Liabilities 2013: $2,442,651Net Assets 2013: $3,196,1592013Assets 2014: $5,628,128Liabilities 2014: $1,922,856Net Assets 2014: $3,705,2722014Assets 2015: $6,603,600Liabilities 2015: $3,303,199Net Assets 2015: $3,300,4012015Assets 2016: $5,949,876Liabilities 2016: $3,317,030Net Assets 2016: $2,632,8462016Assets 2017: $7,081,878Liabilities 2017: $4,088,126Net Assets 2017: $2,993,7522017Assets 2018: $8,351,013Liabilities 2018: $5,109,788Net Assets 2018: $3,241,2252018Assets 2019: $9,991,602Liabilities 2019: $6,762,311Net Assets 2019: $3,229,2912019Assets 2020: $28,804,495Liabilities 2020: $25,205,505Net Assets 2020: $3,598,9902020Assets 2021: $12,386,604Liabilities 2021: $8,148,724Net Assets 2021: $4,237,8802021Assets 2022: $13,171,742Liabilities 2022: $6,609,071Net Assets 2022: $6,562,6712022Assets 2023: $11,416,466Liabilities 2023: $5,585,348Net Assets 2023: $5,831,1182023Assets 2024: $10,913,756Liabilities 2024: $5,046,846Net Assets 2024: $5,866,9102024

Highlighted filing

2017

Assets$7,081,878
Liabilities$4,088,126
Net Assets$2,993,752
Open 2017 Filing

Operations Trend

Revenue Growth87th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,789,287Expenses 2011: $4,105,476Net Income 2011: -$316,1892011Expenses 2012: $4,281,8412012Revenue 2013: $4,749,313Expenses 2013: $5,660,164Net Income 2013: -$910,8512013Revenue 2014: $5,017,567Expenses 2014: $4,508,454Net Income 2014: $509,1132014Revenue 2015: $4,420,652Expenses 2015: $4,613,402Net Income 2015: -$192,7502015Revenue 2016: $4,422,565Expenses 2016: $5,090,120Net Income 2016: -$667,5552016Revenue 2017: $5,358,915Expenses 2017: $4,998,009Net Income 2017: $360,9062017Revenue 2018: $5,689,522Expenses 2018: $5,442,049Net Income 2018: $247,4732018Revenue 2019: $5,740,452Expenses 2019: $5,752,386Net Income 2019: -$11,9342019Revenue 2020: $6,938,799Expenses 2020: $6,569,100Net Income 2020: $369,6992020Revenue 2021: $5,983,291Expenses 2021: $5,344,401Net Income 2021: $638,8902021Revenue 2022: $6,475,400Expenses 2022: $6,625,709Net Income 2022: -$150,3092022Revenue 2023: $7,230,112Expenses 2023: $7,961,665Net Income 2023: -$731,5532023Revenue 2024: $7,942,562Expenses 2024: $7,672,813Net Income 2024: $269,7492024

Highlighted filing

2017

Revenue$5,358,915
Expenses$4,998,009
Net Income$360,906
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 30, 2018
Return Version
2017v2.3
Gross Receipts
$6,951,521
Mission and Program Overview

Mission

Assist with expansion of local businesses, job creation and providing information to the business community in colorado

To foster the economic growth of diverse small businesses within our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,334,214$3,366,446▲ $1,032,232
Cash and Non-Interest-Bearing Accounts$2,416,993$2,608,143▲ $191,150
Prepaid Expenses and Deferred Charges$53,428$59,523▲ $6,095
Land, Buildings, and Equipment, Net$39,765$26,088▼ $13,677
Intangible Assets$22,822$11,411▼ $11,411
Accounts Receivable-$7,793-
Total Assets$5,949,876$7,081,878▲ $1,132,002
Other Assets Total$1,082,654$1,002,474▼ $80,180
Liabilities
Accounts Payable and Accrued Expenses$1,316,584$2,206,086▲ $889,502
Mortgage Notes Payable Secured by Investment Property$1,649,927$1,504,850▼ $145,077
Other Liabilities$289,595$251,453▼ $38,142
Deferred Revenue$60,924$125,737▲ $64,813
Total Liabilities$3,317,030$4,088,126▲ $771,096
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,851,409$1,803,336▼ $48,073
Unrestricted Net Assets$781,437$1,190,416▲ $408,979
Total Net Assets Fund Balance$2,632,846$2,993,752▲ $360,906
Total Liabilities and Net Assets / Fund Balance$5,949,876$7,081,878▲ $1,132,002

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,544$300,610$313,154
Leasehold Improvements$13,544$25,152-
Other Assets Org$1,002,474--
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE O'DONNELLExecutive DirectorFT$267,000$37,033$304,033
Karol JonesChief Financial OfficerFT$138,931$29,884$168,815
China CaliffChief Operating OfficerFT$115,956$23,903$139,859
Diane RhodesIt DirectorFT$103,990$24,708$128,698
Amanda BaileyCompliance DirectorFT$100,205$19,119$119,324

Board Members and Trustees

NameTitle
Niall MooneyPresident
Erin BecksteinVice President
Bryan BlakelyMember
Gil SelingerMember
Greg BoushelleMember
John AdairMember
Luke DavidsonMember
Nancy SheridanMember
Rick WhippleMember
Timothy KraichMember
Todd GuymonMember
Yuriy GorlovMember
Tanner TwetenSecretary
Valerie BromleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$400,000
Program Service Revenue
$4,650,410
Investment Income
$293,862
Other Revenue
$14,643
Change in Net Assets
$360,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,539,178
Other Expenses$1,458,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,494,707
Other Employee Benefits---$512,919
Occupancy---$320,932
Current Officers, Directors, Trustees, and Key Employees---$304,033
Payroll Taxes---$227,519
Conferences and Meetings---$118,147
Interest---$95,887
Advertising---$79,540
Fees for Services Accounting---$66,325
Insurance---$63,113
Office Expenses---$58,333
Depreciation Depletion---$43,840
Other Expenses---$39,493
Travel---$27,781
Fees for Services Legal---$18,080
All Other Expenses---$5,171
Total Functional Expenses$0$0$0$4,998,009
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
Due To/from Related Party$248,147
Property Tax Payable$3,306
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board members are provided a copy of the 990 before it is filed.”

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

“During sba reviews, which occur every one to one and an half years, the conflict of interest policies are reviewed in detail. The board of directors also reviews this annually.”

Form 990, Part VI, Section B, Line 15

“The executive board reviews the executive director annually. Changes to the executive director's compensation must be approved by the executive board. Key employees are reviewed by the executive director. Changes in compensation are based on compensation studies and information obtained in the banking industry.”

Form 990, Part VI, Section C, Line 19

“They are available from the executive director upon request.”

Filing and Contact Details

Filer

Filer Name
Colorado Lending Source Ltd
EIN
84-1171311
Phone
3036570010
Address
1441 18TH STREET, DENVER, CO 80202

Signing Officer

Name
MIKE O'DONNELL
Title
Executive Director
Phone
3036570010
Signed
2018-08-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MIKE O'DONNELL
Formed
1990
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
44
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
1900 16TH STREET SUITE 300, DENVER, CO 80202
Preparer
Kimberly a Ryan
Phone
3036981883
Raw XML AppendixShowing 400 of 538 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/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17COMPLIANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18IT DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0174816
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0400000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01767422
IRS990/GrossReceiptsAmt06951521
IRS990/GrossRentsGrp/RealAmt03122
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt063113
IRS990/IntangibleAssetsGrp/BOYAmt022822
IRS990/IntangibleAssetsGrp/EOYAmt011411
IRS990/InterestGrp/TotalAmt095887
IRS990/InvestmentIncomeGrp/ExclusionAmt0119046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0119046
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0325762
IRS990/LandBldgEquipBasisNetGrp/BOYAmt039765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026088
IRS990/LandBldgEquipCostOrOtherBssAmt0351850
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01592606
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF COLORADO LENDING SOURCE IS TO FOSTER THE ECONOMIC GROWTH OF DIVERSE SMALL BUSINESSES WITHIN OUR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01649927
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01504850
IRS990/NetAssetsOrFundBalancesBOYAmt02632846
IRS990/NetAssetsOrFundBalancesEOYAmt02993752
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0174816
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0174816
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03122
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03122
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0320932
IRS990/OfficeExpensesGrp/TotalAmt058333
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01082654
IRS990/OtherAssetsTotalGrp/EOYAmt01002474
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0512919
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc3BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/TotalAmt0314905
IRS990/OtherExpensesGrp/TotalAmt1154138
IRS990/OtherExpensesGrp/TotalAmt253146
IRS990/OtherExpensesGrp/TotalAmt339493
IRS990/OtherLiabilitiesGrp/BOYAmt0289595
IRS990/OtherLiabilitiesGrp/EOYAmt0251453
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC. REVENUE-RELATED-990
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011521
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011521
IRS990/OtherRevenueTotalAmt011521
IRS990/OtherSalariesAndWagesGrp/TotalAmt02494707
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02334214
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03366446
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0227519
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053428
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059523
IRS990/PrincipalOfficerNm0MIKE O'DONNELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0SBA 504 SERVICING
IRS990/ProgramServiceRevenueGrp/Desc1SBA 504 PACKAGING FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER LOAN PACKAGE AND SERVICE FE
IRS990/ProgramServiceRevenueGrp/Desc3INTEREST REBATE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02675306
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11143641
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2549901
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3281562
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02675306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11143641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2549901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3281562
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0297145
IRS990/PYOtherExpensesAmt01635359
IRS990/PYOtherRevenueAmt0-175702
IRS990/PYProgramServiceRevenueAmt04301122
IRS990/PYRevenuesLessExpensesAmt0-667555
IRS990/PYSalariesCompEmpBnftPaidAmt03454761
IRS990/PYTotalExpensesAmt05090120
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04422565
IRS990/ReconcilationRevenueExpnssAmt0360906
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt03122
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013544
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025152
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt038696
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01002474
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN CLS HOLDINGS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012544
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0300610
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0313154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1248147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PROPERTY TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO/FROM RELATED PARTY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026088
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01002474
IRS990ScheduleD/TotalLiabilityAmt0251453
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0267000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1138931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt037033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt129884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE O'DONNELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KAROL JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0304033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1168815
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS ARE PROVIDED A COPY OF THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING SBA REVIEWS, WHICH OCCUR EVERY ONE TO ONE AND AN HALF YEARS, THE CONFLICT OF INTEREST POLICIES ARE REVIEWED IN DETAIL. THE BOARD OF DIRECTORS ALSO REVIEWS THIS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE BOARD REVIEWS THE EXECUTIVE DIRECTOR ANNUALLY. CHANGES TO THE EXECUTIVE DIRECTOR'S COMPENSATION MUST BE APPROVED BY THE EXECUTIVE BOARD. KEY EMPLOYEES ARE REVIEWED BY THE EXECUTIVE DIRECTOR. CHANGES IN COMPENSATION ARE BASED ON COMPENSATION STUDIES AND INFORMATION OBTAINED IN THE BANKING INDUSTRY.

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Filings

Displayed year

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

Open filing
Assets
$7,081,878
Liabilities
$4,088,126
Net assets
$2,993,752
Revenue
$5,358,915
Expenses
$4,998,009
Net income
$360,906
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$5.05$5.87$7.94$7.67$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$5.59$5.83$7.23$7.96$0.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$6.61$6.56$6.48$6.63$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$8.15$4.24$5.98$5.34$0.64
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$25.2$3.60$6.94$6.57$0.37
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.99$6.76$3.23$5.74$5.75$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.35$5.11$3.24$5.69$5.44$0.25
2017Detailed filing. Detailed filing data is available for this year.$7.08$4.09$2.99$5.36$5.00$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$3.32$2.63$4.42$5.09$0.67
2015Detailed filing. Detailed filing data is available for this year.$6.60$3.30$3.30$4.42$4.61$0.19
2014Detailed filing. Detailed filing data is available for this year.$5.63$1.92$3.71$5.02$4.51$0.51
2013Detailed filing. Detailed filing data is available for this year.$5.64$2.44$3.20$4.75$5.66$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$2.08$4.11$4.28
2011Summary only. Only limited summary data is available for this year.$5.48$1.60$3.88$3.79$4.11$0.32