Civic Intelligence

Ogden Schools Credit Union DBA Education 1St Credit Union

990 • Fiscal year 2017 • EIN 87-6121774

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileE1CU.org

View Organization Page

1250 Country Hills DriveOgden, UT 84403

(801) 392-4877

Siviq Scores

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

Liabilities / Assets

78th percentile

0.91x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

18.06x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$118,136

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Asset Growth

88th percentile

8.5%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

7.8%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$32,431,760

Up $2,539,771 (+8.5%) from 2016

Net Assets

Up

$3,053,566

Up $233,403 (+8.3%) from 2016

Liabilities

Up

$29,378,194

Up $2,306,368 (+8.5%) from 2016

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin74th percentile

Revenue

Up

$1,626,700

Up $117,983 (+7.8%) from 2016

Expenses

Up

$1,393,297

Up $51,051 (+3.8%) from 2016

Net Income

Up

$233,403

Up $66,932 (+40%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$60M$40M$20M$0Assets 2010: $21,125,578Liabilities 2010: $19,234,897Net Assets 2010: $1,890,6812010Assets 2011: $22,325,197Liabilities 2011: $20,331,850Net Assets 2011: $1,993,3472011Assets 2012: $24,181,827Liabilities 2012: $22,010,412Net Assets 2012: $2,171,4152012Assets 2013: $26,306,151Liabilities 2013: $23,989,779Net Assets 2013: $2,316,3722013Assets 2014: $27,633,109Liabilities 2014: $25,149,448Net Assets 2014: $2,483,6612014Assets 2015: $27,601,692Liabilities 2015: $24,948,000Net Assets 2015: $2,653,6922015Assets 2016: $29,891,989Liabilities 2016: $27,071,826Net Assets 2016: $2,820,1632016Assets 2017: $32,431,760Liabilities 2017: $29,378,194Net Assets 2017: $3,053,5662017Assets 2018: $34,252,691Liabilities 2018: $30,933,651Net Assets 2018: $3,319,0402018Assets 2019: $34,604,038Liabilities 2019: $30,984,568Net Assets 2019: $3,619,4702019Assets 2020: $38,466,803Liabilities 2020: $34,581,797Net Assets 2020: $3,885,0062020Assets 2021: $43,083,007Liabilities 2021: $38,830,728Net Assets 2021: $4,252,2792021Assets 2022: $41,251,510Liabilities 2022: $36,680,846Net Assets 2022: $4,570,6642022Assets 2023: $47,532,213Liabilities 2023: $42,642,583Net Assets 2023: $4,889,6302023Assets 2024: $53,497,990Liabilities 2024: $48,168,587Net Assets 2024: $5,329,4032024

Highlighted filing

2017

Assets$32,431,760
Liabilities$29,378,194
Net Assets$3,053,566
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,559,8092010Expenses 2011: $1,304,8562011Expenses 2012: $1,250,7302012Revenue 2013: $1,444,685Expenses 2013: $1,299,728Net Income 2013: $144,9572013Revenue 2014: $1,454,345Expenses 2014: $1,287,056Net Income 2014: $167,2892014Revenue 2015: $1,437,841Expenses 2015: $1,267,810Net Income 2015: $170,0312015Revenue 2016: $1,508,717Expenses 2016: $1,342,246Net Income 2016: $166,4712016Revenue 2017: $1,626,700Expenses 2017: $1,393,297Net Income 2017: $233,4032017Revenue 2018: $1,832,442Expenses 2018: $1,566,968Net Income 2018: $265,4742018Revenue 2019: $1,988,875Expenses 2019: $1,688,445Net Income 2019: $300,4302019Revenue 2020: $1,964,643Expenses 2020: $1,699,107Net Income 2020: $265,5362020Revenue 2021: $1,880,285Expenses 2021: $1,513,012Net Income 2021: $367,2732021Revenue 2022: $1,770,401Expenses 2022: $1,452,016Net Income 2022: $318,3852022Revenue 2023: $2,441,306Expenses 2023: $2,094,001Net Income 2023: $347,3052023Revenue 2024: $3,306,447Expenses 2024: $2,866,674Net Income 2024: $439,7732024

Highlighted filing

2017

Revenue$1,626,700
Expenses$1,393,297
Net Income$233,403
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$1,626,700
Mission and Program Overview

Mission

FINANCIAL SERVICES.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,047,786$22,823,108▲ $775,322
Savings and Temporary Cash Investments$5,389,520$7,134,577▲ $1,745,057
Rtn Earn Endowment Incm Other Fnds$2,820,163$3,053,566▲ $233,403
Land, Buildings, and Equipment, Net$333,070$332,284▼ $786
Cash and Non-Interest-Bearing Accounts$218,120$184,716▼ $33,404
Prepaid Expenses and Deferred Charges$63,511$94,598▲ $31,087
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$29,891,989$32,431,760▲ $2,539,771
Other Assets Total$1,839,982$1,862,477▲ $22,495
Liabilities
Other Liabilities$27,018,858$29,321,070▲ $2,302,212
Accounts Payable and Accrued Expenses$52,968$57,124▲ $4,156
Total Liabilities$27,071,826$29,378,194▲ $2,306,368
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,820,163$3,053,566▲ $233,403
Total Liabilities and Net Assets / Fund Balance$29,891,989$32,431,760▲ $2,539,771

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$197,536$276,425$473,961
Equipment$10,043$441,743$451,786
Other Land Buildings$37,780$282,213$319,993
Land$86,925-$86,925
Other Assets Org$1,535,404--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kent GreenfieldPresidentFT$118,136$118,136

Board Members and Trustees

NameTitle
Bruce ChristensenDirector
Darwin SmithDirector
Ladd ChaseDirector
Lucille BrizzeeDirector
Matthew KiltsDirector
Reed SpencerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,586,303
Investment Income
$40,397
Other Revenue
$0
Change in Net Assets
$233,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$757,490
Salaries, Compensation, and Employee Benefits$635,807
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$517,671--$517,671
Office Expenses$287,825--$287,825
Current Officers, Directors, Trustees, and Key Employees$118,136--$118,136
All Other Expenses$93,535--$93,535
Other Expenses$51,150--$51,150
Occupancy$46,122--$46,122
Travel$18,335--$18,335
Total Functional Expenses$1,393,297$0$0$1,393,297
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regular Shares$11,555,514
Share Drafts$7,704,032
Share Certificates$7,467,690
Ira Accounts$895,159
All Other Shares$852,877
Money Market Shares$845,798
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members of the credit union are required to maintain $25 in a share account at all times to qualify for membership.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The president of the credit union, kent greenfield, performed a review of the form 990 before it was filed with the internal revenue service.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The board of directors reviews a report that details statistics of compensation for similar sized credit unions and considers other factors in determining compensation.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization posts financial information in its office and on ncua.gov.”

Filing and Contact Details

Filer

Filer Name
Education 1st Credit Union
EIN
87-6121774
Phone
8013924877
Address
1250 COUNTRY HILLS DRIVE, OGDEN, UT 84403

Signing Officer

Name
Kent Greenfield
Title
President
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1932
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
16
Volunteers
11

Preparer

Firm
Dickson and Company Inc
Address
455 East 500 South Suite 400, Salt Lake City, UT 84106
Preparer
Russell Dickson
Phone
8018596545
Raw XML Appendix384 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt052968
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057124
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FINANCIAL SERVICES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt093535
IRS990/AllOtherExpensesGrp/TotalAmt093535
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KENT GREENFIELD
IRS990/BooksInCareOfDetail/PhoneNum08013924877
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01250 COUNTRY HILLS DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OGDEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084403
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0218120
IRS990/CashNonInterestBearingGrp/EOYAmt0184716
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0118136
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0118136
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt040397
IRS990/CYOtherExpensesAmt0757490
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01586303
IRS990/CYRevenuesLessExpensesAmt0233403
IRS990/CYSalariesCompEmpBnftPaidAmt0635807
IRS990/CYTotalExpensesAmt01393297
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01626700
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PROVIDING CREDIT UNION SERVICES TO MEMBERS THROUGH A STATE CHARTERED CREDIT UNION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DARWIN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1LUCILLE BRIZZEE
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW KILTS
IRS990/Form990PartVIISectionAGrp/PersonNm3LADD CHASE
IRS990/Form990PartVIISectionAGrp/PersonNm4REED SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm5BRUCE CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6KENT GREENFIELD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6118136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01626700
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt040397
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040397
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt0378
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01000381
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0333070
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0332284
IRS990/LandBldgEquipCostOrOtherBssAmt01332665
IRS990/LegalDomicileStateCd0UT
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FINANCIAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02820163
IRS990/NetAssetsOrFundBalancesEOYAmt03053566
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt046122
IRS990/OccupancyGrp/TotalAmt046122
IRS990/OfficeExpensesGrp/ProgramServicesAmt0287825
IRS990/OfficeExpensesGrp/TotalAmt0287825
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01839982
IRS990/OtherAssetsTotalGrp/EOYAmt01862477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0INTEREST ON DEPOSITS
IRS990/OtherExpensesGrp/Desc1DIVIDENDS ON SHARES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING
IRS990/OtherExpensesGrp/ProgramServicesAmt0137357
IRS990/OtherExpensesGrp/ProgramServicesAmt171201
IRS990/OtherExpensesGrp/ProgramServicesAmt251965
IRS990/OtherExpensesGrp/ProgramServicesAmt351150
IRS990/OtherExpensesGrp/TotalAmt0137357
IRS990/OtherExpensesGrp/TotalAmt171201
IRS990/OtherExpensesGrp/TotalAmt251965
IRS990/OtherExpensesGrp/TotalAmt351150
IRS990/OtherLiabilitiesGrp/BOYAmt027018858
IRS990/OtherLiabilitiesGrp/EOYAmt029321070
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0517671
IRS990/OtherSalariesAndWagesGrp/TotalAmt0517671
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022047786
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022823108
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063511
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt094598
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0449721
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11136582
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0449721
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11136582
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt01092140
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0726221
IRS990/PYProgramServiceRevenueAmt0416577
IRS990/PYRevenuesLessExpensesAmt0166471
IRS990/PYSalariesCompEmpBnftPaidAmt0616025
IRS990/PYTotalExpensesAmt01342246
IRS990/PYTotalRevenueAmt01508717
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0233403
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02820163
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03053566
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05389520
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07134577
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0197536
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0276425
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0473961
IRS990ScheduleD/EquipmentGrp/BookValueAmt010043
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0441743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0451786
IRS990ScheduleD/LandGrp/BookValueAmt086925
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt086925
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02247
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt172318
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2252508
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31535404
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST ON INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST ON LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NCUSIF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037780
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0282213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0319993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0852877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1895159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2845798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311555514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt47467690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt57704032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1IRA ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SHARE CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SHARE DRAFTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0332284
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01862477
IRS990ScheduleD/TotalLiabilityAmt029321070
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE CREDIT UNION ARE REQUIRED TO MAINTAIN $25 IN A SHARE ACCOUNT AT ALL TIMES TO QUALIFY FOR MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT OF THE CREDIT UNION, KENT GREENFIELD, PERFORMED A REVIEW OF THE FORM 990 BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS A REPORT THAT DETAILS STATISTICS OF COMPENSATION FOR SIMILAR SIZED CREDIT UNIONS AND CONSIDERS OTHER FACTORS IN DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION POSTS FINANCIAL INFORMATION IN ITS OFFICE AND ON NCUA.GOV.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt029891989
IRS990/TotalAssetsEOYAmt032431760
IRS990/TotalAssetsGrp/BOYAmt029891989
IRS990/TotalAssetsGrp/EOYAmt032431760
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01393297
IRS990/TotalFunctionalExpensesGrp/TotalAmt01393297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027071826
IRS990/TotalLiabilitiesEOYAmt029378194
IRS990/TotalLiabilitiesGrp/BOYAmt027071826
IRS990/TotalLiabilitiesGrp/EOYAmt029378194
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02820163
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03053566
IRS990/TotalProgramServiceRevenueAmt01586303
IRS990/TotalReportableCompFromOrgAmt0118136
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01626700
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01626700
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt029891989
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032431760
IRS990/TravelGrp/ProgramServicesAmt018335
IRS990/TravelGrp/TotalAmt018335
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0E1CU.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT GREENFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATION 1ST CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0876121774
ReturnHeader/Filer/PhoneNum08013924877
ReturnHeader/Filer/USAddress/AddressLine1Txt01250 COUNTRY HILLS DRIVE
ReturnHeader/Filer/USAddress/CityNm0OGDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260476748
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DICKSON AND COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 East 500 South Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salt Lake City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084106
ReturnHeader/PreparerPersonGrp/PhoneNum08018596545
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Russell Dickson
ReturnHeader/ReturnTs02018-05-14T13:11:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$32,431,760
Liabilities
$29,378,194
Net assets
$3,053,566
Revenue
$1,626,700
Expenses
$1,393,297
Net income
$233,403
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.5$48.2$5.33$3.31$2.87$0.44
2023Detailed filing. Detailed filing data is available for this year.$47.5$42.6$4.89$2.44$2.09$0.35
2022Detailed filing. Detailed filing data is available for this year.$41.3$36.7$4.57$1.77$1.45$0.32
2021Detailed filing. Detailed filing data is available for this year.$43.1$38.8$4.25$1.88$1.51$0.37
2020Detailed filing. Detailed filing data is available for this year.$38.5$34.6$3.89$1.96$1.70$0.27
2019Detailed filing. Detailed filing data is available for this year.$34.6$31.0$3.62$1.99$1.69$0.30
2018Detailed filing. Detailed filing data is available for this year.$34.3$30.9$3.32$1.83$1.57$0.27
2017Detailed filing. Detailed filing data is available for this year.$32.4$29.4$3.05$1.63$1.39$0.23
2016Detailed filing. Detailed filing data is available for this year.$29.9$27.1$2.82$1.51$1.34$0.17
2015Detailed filing. Detailed filing data is available for this year.$27.6$24.9$2.65$1.44$1.27$0.17
2014Detailed filing. Detailed filing data is available for this year.$27.6$25.1$2.48$1.45$1.29$0.17
2013Detailed filing. Detailed filing data is available for this year.$26.3$24.0$2.32$1.44$1.30$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$22.0$2.17$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$20.3$1.99$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$19.2$1.89$1.56