Civic Intelligence

Credit Unions in the State of New Mexico

990 • Fiscal year 2013 • EIN 85-6010427

Jan 01, 2013 to Dec 31, 2013 • Filed on May 30, 2014

PO Box 1743Alamogordo, NM 88311-1743

(575) 437-3110

Siviq Scores

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

Liabilities / Assets

77th percentile

0.91x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

14th percentile

12.47x

Higher debt load relative to revenue than 14% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

91st percentile

20%

Higher net margin than 91% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

99th percentile

16%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M 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

Assets

Up

$39,037,281

Up $5,415,343 (+16%) from 2012

Net Assets

Up

$3,577,973

Up $594,376 (+20%) from 2012

Liabilities

Up

$35,459,308

Up $4,820,967 (+16%) from 2012

Revenue

$2,842,483

No earlier filing loaded for comparison.

Expenses

Up

$2,275,366

Up $473,703 (+26%) from 2012

Net Income

$567,117

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.

$80M$60M$40M$20M$0Assets 2010: $25,127,749Liabilities 2010: $23,099,950Net Assets 2010: $2,027,7992010Assets 2011: $28,353,424Liabilities 2011: $25,825,395Net Assets 2011: $2,528,0292011Assets 2012: $33,621,938Liabilities 2012: $30,638,341Net Assets 2012: $2,983,5972012Assets 2013: $39,037,281Liabilities 2013: $35,459,308Net Assets 2013: $3,577,9732013Assets 2014: $40,726,625Liabilities 2014: $36,860,942Net Assets 2014: $3,865,6832014Assets 2015: $42,414,113Liabilities 2015: $37,832,528Net Assets 2015: $4,581,5852015Assets 2016: $45,342,267Liabilities 2016: $40,110,625Net Assets 2016: $5,231,6422016Assets 2017: $47,404,165Liabilities 2017: $41,505,443Net Assets 2017: $5,898,7222017Assets 2018: $48,049,840Liabilities 2018: $41,670,513Net Assets 2018: $6,379,3272018Assets 2019: $50,466,084Liabilities 2019: $43,281,301Net Assets 2019: $7,184,7832019Assets 2020: $58,035,107Liabilities 2020: $49,854,020Net Assets 2020: $8,181,0872020Assets 2021: $66,930,328Liabilities 2021: $57,762,241Net Assets 2021: $9,168,0872021Assets 2022: $67,045,402Liabilities 2022: $57,664,365Net Assets 2022: $9,381,0372022Assets 2023: $65,849,910Liabilities 2023: $57,156,574Net Assets 2023: $8,693,3362023Assets 2024: $62,115,746Liabilities 2024: $53,742,583Net Assets 2024: $8,373,1632024

Highlighted filing

2013

Assets$39,037,281
Liabilities$35,459,308
Net Assets$3,577,973

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,580,6882010Expenses 2011: $1,618,1162011Expenses 2012: $1,801,6632012Revenue 2013: $2,842,483Expenses 2013: $2,275,366Net Income 2013: $567,1172013Revenue 2014: $2,605,894Expenses 2014: $2,277,755Net Income 2014: $328,1392014Revenue 2015: $2,721,959Expenses 2015: $1,963,475Net Income 2015: $758,4842015Revenue 2016: $3,034,540Expenses 2016: $2,365,814Net Income 2016: $668,7262016Revenue 2017: $3,317,141Expenses 2017: $2,648,555Net Income 2017: $668,5862017Revenue 2018: $3,519,905Expenses 2018: $2,834,372Net Income 2018: $685,5332018Revenue 2019: $4,049,274Expenses 2019: $3,318,236Net Income 2019: $731,0382019Revenue 2020: $4,058,928Expenses 2020: $3,381,952Net Income 2020: $676,9762020Revenue 2021: $3,847,469Expenses 2021: $3,542,676Net Income 2021: $304,7932021Revenue 2022: $4,130,099Expenses 2022: $3,619,373Net Income 2022: $510,7262022Revenue 2023: $3,995,477Expenses 2023: $3,981,773Net Income 2023: $13,7042023Revenue 2024: $3,896,712Expenses 2024: $4,216,885Net Income 2024: -$320,1732024

Highlighted filing

2013

Revenue$2,842,483
Expenses$2,275,366
Net Income$567,117
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 30, 2014
Return Version
2013v3.0
Gross Receipts
$2,842,483
Mission and Program Overview

Mission

Provide deposit and loan products & services to member-owners at a reasonable cost and return.

Providing deposit and loan products & services to member-owners of organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,028,041$18,872,343▲ $6,844,302
Other Notes and Loans Receivable, Net$19,998,833$18,177,982▼ $1,820,851
Rtn Earn Endowment Incm Other Fnds$2,983,597$3,577,973▲ $594,376
Cash and Non-Interest-Bearing Accounts$540,563$701,802▲ $161,239
Land, Buildings, and Equipment, Net$504,481$493,732▼ $10,749
Prepaid Expenses and Deferred Charges$53,578$58,473▲ $4,895
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$33,621,938$39,037,281▲ $5,415,343
Other Assets Total$496,442$732,949▲ $236,507
Liabilities
Other Liabilities$30,596,623$35,311,541▲ $4,714,918
Accounts Payable and Accrued Expenses$41,718$147,767▲ $106,049
Total Liabilities$30,638,341$35,459,308▲ $4,820,967
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,983,597$3,577,973▲ $594,376
Total Liabilities and Net Assets / Fund Balance$33,621,938$39,037,281▲ $5,415,343

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$367,446$366,411-
Land$25,500--
Equipment$100,786$192,237-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,621,983
Investment Income
$208,261
Other Revenue
$12,239
Change in Net Assets
$567,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,688,891
Salaries, Compensation, and Employee Benefits$586,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$316,023
Interest---$285,128
Current Officers, Directors, Trustees, and Key Employees---$133,006
Office Expenses---$125,159
Information Technology---$104,040
Other Employee Benefits---$101,728
Advertising---$71,179
All Other Expenses---$56,859
Depreciation Depletion---$49,386
Occupancy---$42,527
Payroll Taxes---$35,718
Fees for Services Accounting---$28,570
Insurance---$26,013
Fees for Services Other---$25,293
Fees for Services Management---$21,714
Other Expenses---$17,486
Fees for Services Legal---$11,252
Travel---$6,359
Total Functional Expenses$0$0$0$2,275,366
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share and Savings Accounts$34,565,865
Regular Reserves$522,417
Net Pension Liability$211,648
Member Dividends$10,229
Payroll Taxes$1,382
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

The credit union has members who purchase ownership interests by opening primary share deposit accounts with the credit union.

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

The owner members vote to elect or replace members of the board of directors.

Form 990, Part VI, Section A, Line 8B

The governing body does not delegate authority to act on its behalf to any committees.

Form 990, Part VI, Section B, Line 11

The president/ceo provides a copy of the form 990 to the board at its monthly meeting.

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

Board members and key employees must sign conflict of interest statements annually. Compliance with the policy is consistently monitored and enforced by the respective parties.

Form 990, Part VI, Section B, Line 15

The 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.

Form 990, Part VI, Section C, Line 19

Financial statements are posted in the main offices. Governing documents & conflict of interest policy are available upon request.

Filing and Contact Details

Filer

EIN
85-6010427
Phone
5754373110

Signing Officer

Name
Pam Vega
Title
President/CEO
Phone
5754373110
Signed
2014-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Vega
Formed
1953
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
14
Volunteers
7

Preparer

Preparer
G Pete Parks
Phone
8708623401
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Accumulated other comprehensive income 27,259.

FORM 990, PART XII, LINE 2C:

The supervisory committee is responsible for selecting the independent accountant.

Raw XML Appendix360 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt041718
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0147767
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING DEPOSIT AND LOAN PRODUCTS & SERVICES TO MEMBER-OWNERS OF ORGANIZATION
IRS990/AdvertisingGrp/TotalAmt071179
IRS990/AllOtherExpensesGrp/TotalAmt056859
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10PAM VEGA PRESIDENTCEO
IRS990/BooksInCareOfDetail/PhoneNum05754373110
IRS990/BooksInCareOfDetail/USAddress/AddressLine10808 WASHINGTON AVE
IRS990/BooksInCareOfDetail/USAddress/City0ALAMOGORDO
IRS990/BooksInCareOfDetail/USAddress/State0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCode088311
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0540563
IRS990/CashNonInterestBearingGrp/EOYAmt0701802
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0133006
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0208261
IRS990/CYOtherExpensesAmt01688891
IRS990/CYOtherRevenueAmt012239
IRS990/CYProgramServiceRevenueAmt02621983
IRS990/CYRevenuesLessExpensesAmt0567117
IRS990/CYSalariesCompEmpBnftPaidAmt0586475
IRS990/CYTotalExpensesAmt02275366
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02842483
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt049386
IRS990/Desc0THE CREDIT UNION PROVIDED MEMBERS A VARIETY OF BANKING SERVICES INCLUDING LOANS AT RATES BELOW THOSE OFFERED BY TRADITIONAL FINANCIAL INSTITUTIONS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt028570
IRS990/FeesForServicesLegalGrp/TotalAmt011252
IRS990/FeesForServicesManagementGrp/TotalAmt021714
IRS990/FeesForServicesOtherGrp/TotalAmt025293
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0GEORGE PADILLA
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY GOLDSMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLES MONTJOY
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVE OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6PAM VEGA
IRS990/Form990PartVIISectionAGrp/PersonNm7LOUANNE GARCIA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02842483
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0104040
IRS990/InsuranceGrp/TotalAmt026013
IRS990/InterestGrp/TotalAmt0285128
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0208261
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0208261
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0866
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0558648
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0504481
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0493732
IRS990/LandBldgEquipCostOrOtherBssAmt01052380
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE DEPOSIT AND LOAN PRODUCTS & SERVICES TO MEMBER-OWNERS AT A REASONABLE COST AND RETURN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02983597
IRS990/NetAssetsOrFundBalancesEOYAmt03577973
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt042527
IRS990/OfficeExpensesGrp/TotalAmt0125159
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0496442
IRS990/OtherAssetsTotalGrp/EOYAmt0732949
IRS990/OtherChangesInNetAssetsAmt027259
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101728
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1CREDIT & DEBIT CARD SER
IRS990/OtherExpensesGrp/Desc2LOSS (GAIN) ON SALE OF
IRS990/OtherExpensesGrp/Desc3SHARE INSURANCE PREMIUM
IRS990/OtherExpensesGrp/TotalAmt0670109
IRS990/OtherExpensesGrp/TotalAmt1111278
IRS990/OtherExpensesGrp/TotalAmt236539
IRS990/OtherExpensesGrp/TotalAmt317486
IRS990/OtherLiabilitiesGrp/BOYAmt030596623
IRS990/OtherLiabilitiesGrp/EOYAmt035311541
IRS990/OtherRevenueMiscGrp/BusinessCd0522210
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012239
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012239
IRS990/OtherRevenueTotalAmt012239
IRS990/OtherSalariesAndWagesGrp/TotalAmt0316023
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt019998833
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt018177982
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt035718
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053578
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058473
IRS990/PrincipalOfficerNm0PAM VEGA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02141133
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1480850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02141133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1480850
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION RETURNED EARNINGS OF APPROXIMATELY $285,000 TO ITS MEMBERS IN THE FORM OF DIVIDENDS.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE CREDIT UNION INCREASED THE MEMBERS' EQUITY POSITION BY APPROXIMATELY $567,000 DURING 2013.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0194720
IRS990/PYOtherExpensesAmt01151334
IRS990/PYOtherRevenueAmt011235
IRS990/PYProgramServiceRevenueAmt02502380
IRS990/PYRevenuesLessExpensesAmt0906672
IRS990/PYSalariesCompEmpBnftPaidAmt0650329
IRS990/PYTotalExpensesAmt01801663
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02708335
IRS990/ReconcilationRevenueExpnssAmt0567117
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02983597
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03577973
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012028041
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018872343
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0367446
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0366411
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0733857
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100786
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192237
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0293023
IRS990ScheduleD/LandGrp/BookValueAmt025500
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt025500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2211648
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt334565865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4522417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DIVIDENDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MEMBER SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4REGULAR RESERVES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0493732
IRS990ScheduleD/TotalLiabilityAmt035311541
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS WHO PURCHASE OWNERSHIP INTERESTS BY OPENING PRIMARY SHARE DEPOSIT ACCOUNTS WITH THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OWNER MEMBERS VOTE TO ELECT OR REPLACE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY DOES NOT DELEGATE AUTHORITY TO ACT ON ITS BEHALF TO ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO PROVIDES A COPY OF THE FORM 990 TO THE BOARD AT ITS MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS AND KEY EMPLOYEES MUST SIGN CONFLICT OF INTEREST STATEMENTS ANNUALLY. COMPLIANCE WITH THE POLICY IS CONSISTENTLY MONITORED AND ENFORCED BY THE RESPECTIVE PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE MAIN OFFICES. GOVERNING DOCUMENTS & CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCUMULATED OTHER COMPREHENSIVE INCOME 27,259.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR SELECTING THE INDEPENDENT ACCOUNTANT.
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 8B
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:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033621938
IRS990/TotalAssetsEOYAmt039037281
IRS990/TotalAssetsGrp/BOYAmt033621938
IRS990/TotalAssetsGrp/EOYAmt039037281
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/TotalAmt02275366
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030638341
IRS990/TotalLiabilitiesEOYAmt035459308
IRS990/TotalLiabilitiesGrp/BOYAmt030638341
IRS990/TotalLiabilitiesGrp/EOYAmt035459308
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02983597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03577973
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02621983
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02842483
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02842483
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033621938
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt039037281
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06359
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10808 WASHINGTON AVE
IRS990/USAddress/City0ALAMOGORDO
IRS990/USAddress/State0NM
IRS990/USAddress/ZIPCode088310
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LOCOCREDITUNION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM VEGA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05754373110
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10LOCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LOCO
ReturnHeader/Filer/EIN0856010427
ReturnHeader/Filer/PhoneNum05754373110
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1743
ReturnHeader/Filer/USAddress/City0ALAMOGORDO
ReturnHeader/Filer/USAddress/State0NM
ReturnHeader/Filer/USAddress/ZIPCode0883111743
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202126731
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PARKS & COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10441 N WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0EL DORADO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode071730
ReturnHeader/PreparerPersonGrp/PhoneNum08708623401
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0G PETE PARKS
ReturnHeader/ReturnTs02014-06-16T10:25:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$62.1$53.7$8.37$3.90$4.22$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.8$57.2$8.69$4.00$3.98$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.0$57.7$9.38$4.13$3.62$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.9$57.8$9.17$3.85$3.54$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.0$49.9$8.18$4.06$3.38$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.5$43.3$7.18$4.05$3.32$0.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.0$41.7$6.38$3.52$2.83$0.69
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.4$41.5$5.90$3.32$2.65$0.67
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.3$40.1$5.23$3.03$2.37$0.67
2015Detailed filing. Detailed filing data is available for this year.$42.4$37.8$4.58$2.72$1.96$0.76
2014Detailed filing. Detailed filing data is available for this year.$40.7$36.9$3.87$2.61$2.28$0.33
2013Detailed filing. Detailed filing data is available for this year.$39.0$35.5$3.58$2.84$2.28$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.6$30.6$2.98$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.4$25.8$2.53$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$23.1$2.03$1.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $25M-$50M nonprofits