Civic Intelligence

Credit Unions in the State of New Mexico

990 • Fiscal year 2011 • EIN 85-0161080

Jan 01, 2011 to Dec 31, 2011 • Filed on Mar 16, 2012

1105 West Pierce88220
Siviq Scores

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

Liabilities / Assets

70th percentile

0.90x

Higher debt load relative to assets than 70% of similar nonprofits.

2011 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

88th percentile

12%

Faster asset growth than 88% of similar nonprofits.

2011 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$28,603,683

No earlier filing loaded for comparison.

Net Assets

$2,880,442

No earlier filing loaded for comparison.

Liabilities

$25,723,241

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,322,349

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $28,603,683Liabilities 2011: $25,723,241Net Assets 2011: $2,880,4422011Assets 2012: $30,711,887Liabilities 2012: $27,371,976Net Assets 2012: $3,339,9112012Assets 2013: $34,003,673Liabilities 2013: $30,150,343Net Assets 2013: $3,853,3302013Assets 2014: $39,523,844Liabilities 2014: $35,320,243Net Assets 2014: $4,203,6012014Assets 2015: $42,112,976Liabilities 2015: $37,461,491Net Assets 2015: $4,651,4852015Assets 2016: $41,054,411Liabilities 2016: $36,212,544Net Assets 2016: $4,841,8672016Assets 2017: $43,633,208Liabilities 2017: $38,534,960Net Assets 2017: $5,098,2482017Assets 2018: $46,605,632Liabilities 2018: $41,152,411Net Assets 2018: $5,453,2212018Assets 2019: $48,266,899Liabilities 2019: $42,319,364Net Assets 2019: $5,947,5352019Assets 2020: $53,205,701Liabilities 2020: $47,021,316Net Assets 2020: $6,184,3852020Assets 2021: $55,978,482Liabilities 2021: $49,567,239Net Assets 2021: $6,411,2432021Assets 2022: $59,542,140Liabilities 2022: $52,524,428Net Assets 2022: $7,017,7122022Assets 2023: $59,797,422Liabilities 2023: $51,832,777Net Assets 2023: $7,964,6452023Assets 2024: $58,141,403Liabilities 2024: $48,828,067Net Assets 2024: $9,313,3362024

Highlighted filing

2011

Assets$28,603,683
Liabilities$25,723,241
Net Assets$2,880,442

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2011: $1,322,3492011Expenses 2012: $1,371,1412012Revenue 2013: $2,009,870Expenses 2013: $1,496,451Net Income 2013: $513,4192013Revenue 2014: $2,169,504Expenses 2014: $1,819,233Net Income 2014: $350,2712014Revenue 2015: $2,375,294Expenses 2015: $1,927,410Net Income 2015: $447,8842015Revenue 2016: $2,418,738Expenses 2016: $2,216,123Net Income 2016: $202,6152016Revenue 2017: $2,326,938Expenses 2017: $2,070,557Net Income 2017: $256,3812017Revenue 2018: $2,562,690Expenses 2018: $2,207,717Net Income 2018: $354,9732018Revenue 2019: $2,889,372Expenses 2019: $2,632,733Net Income 2019: $256,6392019Revenue 2020: $2,794,228Expenses 2020: $2,634,981Net Income 2020: $159,2472020Revenue 2021: $2,745,222Expenses 2021: $2,674,936Net Income 2021: $70,2862021Revenue 2022: $3,190,623Expenses 2022: $2,584,154Net Income 2022: $606,4692022Revenue 2023: $3,728,717Expenses 2023: $2,841,172Net Income 2023: $887,5452023Revenue 2024: $4,273,885Expenses 2024: $3,332,159Net Income 2024: $941,7262024

Highlighted filing

2011

Revenue-
Expenses$1,322,349
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Mar 16, 2012
Return Version
2011v1.2
Gross Receipts
$1,704,238
Mission and Program Overview

Mission

SEE PART I, NUMBER 1

Major Activities

Activity 2
The credit union returned earnings of approximately $208,000 in the form of dividends to its members.
Activity 3
Despite significant economic issues impacting the financial institution industry, the credit union increased the members' equity position by approximately $382,000.
Filing and Contact Details

Filer

EIN
85-0161080
Raw XML Appendix366 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/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0119656
IRS990/AccountsPayableAccruedExpenses/EOY0113827
IRS990/ActivitiesConductedPartnership00
IRS990/Activity2/Description0THE CREDIT UNION RETURNED EARNINGS OF APPROXIMATELY $208,000 IN THE FORM OF DIVIDENDS TO ITS MEMBERS.
IRS990/Activity3/Description0DESPITE SIGNIFICANT ECONOMIC ISSUES IMPACTING THE FINANCIAL INSTITUTION INDUSTRY, THE CREDIT UNION INCREASED THE MEMBERS' EQUITY POSITION BY APPROXIMATELY $382,000.
IRS990/ActivityOrMissionDescription0THE CREDIT UNION STRIVES TO OFFER THE BEST POSSIBLE DIVIDENDS ON SHARES, LOANS AT REASONABLE RATES, A PRODUCT MIX TO MEET THE NEEDS OF OUR MEMBERS AND TO PROVIDE EFFICIENT AND FRIENDLY SERVICE TO THOSE WHO ARE IN OUR COMMON BOND. THE CREDIT UNION SEEKS TO MAINTAIN ITS LONG-TERM FINANCIAL STABILITY, WHILE PROTECTING THE ASSETS OF THE MEMBERS.
IRS990/AddressPrincipalOfficerUS/AddressLine101105 WEST PIERCE
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IRS990/AddressPrincipalOfficerUS/State0NM
IRS990/AddressPrincipalOfficerUS/ZIPCode088220
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IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek540.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek640.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
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IRS990/Form990PartVIISectionA/NamePerson3JEFF NEATHERLIN
IRS990/Form990PartVIISectionA/NamePerson4JASON CROCKETT
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IRS990/Form990PartVIISectionA/NamePerson6KATHY NAVARRETTE
IRS990/Form990PartVIISectionA/NamePerson7JANICE MAY
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IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/Officer6X
IRS990/Form990PartVIISectionA/Officer7X
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IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
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IRS990/Form990PartVIISectionA/OtherCompensation716646
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/Title0CHAIRPERSON
IRS990/Form990PartVIISectionA/Title1VICE CHAIRPERSON
IRS990/Form990PartVIISectionA/Title2TREASURER
IRS990/Form990PartVIISectionA/Title3SECRETARY
IRS990/Form990PartVIISectionA/Title4SECURITY OFFICER
IRS990/Form990PartVIISectionA/Title5CEO
IRS990/Form990PartVIISectionA/Title6VICE-PRESIDENT/OPERATIONS
IRS990/Form990PartVIISectionA/Title7VICE-PRESIDENT/LENDING
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IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0JUDY CARRASCO
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IRS990/NetUnrelatedBusinessTxblIncome0-2630
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IRS990/OtherExpenses/Description0ATM/DEBIT CARD SERVICES
IRS990/OtherExpenses/Description1MEMBER DEPOSITS INSURAN
IRS990/OtherExpenses/Description2ASSOCIATION DUES
IRS990/OtherExpenses/Description3SHARE DRAFT SERVICES
IRS990/OtherExpenses/Total088154
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IRS990/OtherExpenses/Total216618
IRS990/OtherExpenses/Total316593
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IRS990/OtherRevenueCurrentYear055224
IRS990/OtherRevenueMisc/BusinessCode0522100
IRS990/OtherRevenueMisc/Description0OTHER OPERATING
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome055224
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IRS990/OtherRevenuePriorYear00
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IRS990/ProgramServiceRevenue/Description0INTEREST ON LOANS
IRS990/ProgramServiceRevenue/Description1FEES & CHARGES
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IRS990ScheduleD/Equipment/Depreciation0211242
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IRS990ScheduleD/ExcessOrDeficitForYear0381889
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IRS990ScheduleD/OtherLiabilities/Amount1406968
IRS990ScheduleD/OtherLiabilities/Amount26833
IRS990ScheduleD/OtherLiabilities/Amount311000
IRS990ScheduleD/OtherLiabilities/Description0MEMBER SHARE & DEPOSIT ACCOUNTS
IRS990ScheduleD/OtherLiabilities/Description1REGULAR RESERVES
IRS990ScheduleD/OtherLiabilities/Description2NCUSIF STABILIZATION
IRS990ScheduleD/OtherLiabilities/Description3CORPORATE CREDIT UNIONS STABILIZATION
IRS990ScheduleD/TotalExpenses01322349
IRS990ScheduleD/TotalOfAmounts025609414
IRS990ScheduleD/TotalOfBookValueLandBuildings01759123
IRS990ScheduleD/TotalRevenue01704238
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE CREDIT UNION HAS MEMBERS WHO PURCHASE OWNERSHIP INTERESTS BY OPENING PRIMARY SHARE DEPOSIT ACCOUNTS WITH THE CREDIT UNION.
IRS990ScheduleO/GeneralExplanation/Explanation1THE OWNER MEMBERS VOTE TO ELECT OR REPLACE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE GOVERNING BODY DOES NOT DELEGATE AUTHORITY TO ANY COMMITTEES TO ACT ON THE BOARD'S BEHALF.
IRS990ScheduleO/GeneralExplanation/Explanation3THE PRESIDENT/CEO PROVIDES A COPY OF THE FORM 990 TO THE BOARD AT ITS MONTHLY MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation4BOARD MEMBERS AND KEY EMPLOYYES MUST SIGN CONFLICT OF INTEREST STATEMENTS ANNUALLY. COMPLIANCE WITH THE POLICY IS CONSISTENTLY MONITORED AND ENFORCED BY THE RESPECTIVE PARTIES.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD OF DIRECTORS REVIEWS THE CEO'S PERFORMANCE ANNUALLY AND DETERMINES THE SALARY FOR THE NEXT FISCAL PERIOD ACCORDINGLY. THE CEO REVIEWS THE PERFORMANCE OF KEY EMPLOYEES AND USES MARKET-BASED SALARY COMPARISONS TO DETERMINE PAY INCREASES FOR THESE INDIVIDUALS.
IRS990ScheduleO/GeneralExplanation/Explanation6THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode088220
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10FINANCIAL SECURITY CREDIT UNION
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IRS990/TransactionRelatedEntity00
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IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0WWW.FINSECCU.COM
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01954
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0850161080
ReturnHeader/Filer/Name/BusinessNameLine10FINANCIAL SECURITY CREDIT UNION
ReturnHeader/Filer/NameControl0FINA
ReturnHeader/Filer/Phone05758876030
ReturnHeader/Filer/USAddress/AddressLine101105 WEST PIERCE
ReturnHeader/Filer/USAddress/City0CARLSBAD
ReturnHeader/Filer/USAddress/State0NM
ReturnHeader/Filer/USAddress/ZIPCode088220
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02012-03-16
ReturnHeader/Officer/Name0JUDY CARRASCO
ReturnHeader/Officer/Phone05758876030
ReturnHeader/Officer/Title0CEO
ReturnHeader/Preparer/DatePrepared02012-03-15
ReturnHeader/PreparerFirm/EIN0202126731
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10PARKS & COMPANY PLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10441 N WASHINGTON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0EL DORADO
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0AR
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode071730
ReturnHeader/Preparer/Name0G PETE PARKS
ReturnHeader/Preparer/Phone08708623401
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-03-30T11:57:32-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.1$48.8$9.31$4.27$3.33$0.94
2023Summary only. Only limited summary data is available for this year.$59.8$51.8$7.96$3.73$2.84$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.5$52.5$7.02$3.19$2.58$0.61
2021Summary only. Only limited summary data is available for this year.$56.0$49.6$6.41$2.75$2.67$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.2$47.0$6.18$2.79$2.63$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$42.3$5.95$2.89$2.63$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.6$41.2$5.45$2.56$2.21$0.35
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.6$38.5$5.10$2.33$2.07$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.1$36.2$4.84$2.42$2.22$0.20
2015Detailed filing. Detailed filing data is available for this year.$42.1$37.5$4.65$2.38$1.93$0.45
2014Detailed filing. Detailed filing data is available for this year.$39.5$35.3$4.20$2.17$1.82$0.35
2013Detailed filing. Detailed filing data is available for this year.$34.0$30.2$3.85$2.01$1.50$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.7$27.4$3.34$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$25.7$2.88$1.32
Peer Organizations

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