Civic Intelligence

Credit Unions in the State of Washington

990 • Fiscal year 2019 • EIN 91-0403380

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.MYC1CU.COM

View Organization Page

PO Box 870Dupont, WA 98327

(253) 722-5212

Siviq Scores

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

Liabilities / Assets

30th percentile

0.87x

Higher debt load relative to assets than 30% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

56th percentile

16.88x

Higher debt load relative to revenue than 56% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

61st percentile

$235,733

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

6th percentile

-2.4%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

51%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$141,233,805

Down $3,448,829 (-2.4%) from 2018

Net Assets

Up

$18,982,829

Up $2,333,262 (+14%) from 2018

Liabilities

Down

$122,250,976

Down $5,782,091 (-4.5%) from 2018

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin57th percentile

Revenue

Up

$7,240,922

Up $2,439,413 (+51%) from 2018

Expenses

Up

$6,213,723

Up $728,644 (+13%) from 2018

Net Income

Up

$1,027,199

Up $1,710,769 (+250%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$300M$200M$100M$0Assets 2010: $121,337,036Liabilities 2010: $104,871,090Net Assets 2010: $16,465,9462010Assets 2011: $117,315,007Liabilities 2011: $100,831,369Net Assets 2011: $16,483,6382011Assets 2012: $113,629,156Liabilities 2012: $96,582,587Net Assets 2012: $17,046,5692012Assets 2013: $113,854,190Liabilities 2013: $97,600,093Net Assets 2013: $16,254,0972013Assets 2014: $114,679,891Liabilities 2014: $97,352,193Net Assets 2014: $17,327,6982014Assets 2015: $113,723,161Liabilities 2015: $96,512,203Net Assets 2015: $17,210,9582015Assets 2016: $111,175,818Liabilities 2016: $93,806,164Net Assets 2016: $17,369,6542016Assets 2017: $110,253,679Liabilities 2017: $93,354,749Net Assets 2017: $16,898,9302017Assets 2018: $144,682,634Liabilities 2018: $128,033,067Net Assets 2018: $16,649,5672018Assets 2019: $141,233,805Liabilities 2019: $122,250,976Net Assets 2019: $18,982,8292019Assets 2020: $174,649,243Liabilities 2020: $155,530,305Net Assets 2020: $19,118,9382020Assets 2021: $215,109,348Liabilities 2021: $194,930,109Net Assets 2021: $20,179,2392021Assets 2022: $223,097,117Liabilities 2022: $202,129,920Net Assets 2022: $20,967,1972022Assets 2023: $205,367,768Liabilities 2023: $184,315,242Net Assets 2023: $21,052,5262023Assets 2024: $186,974,161Liabilities 2024: $165,273,927Net Assets 2024: $21,700,2342024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2019

Assets$141,233,805
Liabilities$122,250,976
Net Assets$18,982,829
Open 2019 Filing

Operations Trend

Revenue Growth100th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,770,6992010Expenses 2011: $4,973,0042011Expenses 2012: $5,063,6522012Revenue 2013: $4,842,082Expenses 2013: $4,636,032Net Income 2013: $206,0502013Revenue 2014: $4,650,449Expenses 2014: $4,488,172Net Income 2014: $162,2772014Revenue 2015: $4,415,588Expenses 2015: $4,597,531Net Income 2015: -$181,9432015Revenue 2016: $4,674,016Expenses 2016: $4,479,070Net Income 2016: $194,9462016Revenue 2017: $4,393,751Expenses 2017: $4,847,567Net Income 2017: -$453,8162017Revenue 2018: $4,801,509Expenses 2018: $5,485,079Net Income 2018: -$683,5702018Revenue 2019: $7,240,922Expenses 2019: $6,213,723Net Income 2019: $1,027,1992019Revenue 2020: $7,385,227Expenses 2020: $7,249,118Net Income 2020: $136,1092020Revenue 2021: $8,977,951Expenses 2021: $7,917,650Net Income 2021: $1,060,3012021Revenue 2022: $10,270,112Expenses 2022: $9,482,154Net Income 2022: $787,9582022Revenue 2023: $11,928,214Expenses 2023: $11,003,885Net Income 2023: $924,3292023Revenue 2024: $11,373,637Expenses 2024: $10,725,929Net Income 2024: $647,7082024Revenue 2025: $7,823,096Expenses 2025: $7,822,765Net Income 2025: $3312025

Highlighted filing

2019

Revenue$7,240,922
Expenses$6,213,723
Net Income$1,027,199
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$7,240,922
Mission and Program Overview

Mission

To build relationships by delivering valued banking solutions. Our goal is to be responsive to member financial needs, promote thrift, provide a full range of services, maintain financial stability, and manage growth while offering rewarding careers to our employees.

To establish and maintain the trust of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$97,453,834$92,274,711▼ $5,179,123
Savings and Temporary Cash Investments$27,734,576$34,982,915▲ $7,248,339
Rtn Earn Endowment Incm Other Fnds$16,219,045$18,982,829▲ $2,763,784
Land, Buildings, and Equipment, Net$6,678,250$7,345,258▲ $667,008
Cash and Non-Interest-Bearing Accounts$902,937$1,507,828▲ $604,891
Investments in Publicly Traded Securities$4,970,446$579,496▼ $4,390,950
Investments Other Securities$3,365,596$292,086▼ $3,073,510
Prepaid Expenses and Deferred Charges$217,683$274,610▲ $56,927
Investments Program Related$2,000$4,000▲ $2,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$144,682,634$141,233,805▼ $3,448,829
Other Assets Total$3,357,312$3,972,901▲ $615,589
Liabilities
Other Liabilities$123,658,090$115,555,980▼ $8,102,110
Accounts Payable and Accrued Expenses$4,805,499$6,694,996▲ $1,889,497
Total Liabilities$128,463,589$122,250,976▼ $6,212,613
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,219,045$18,982,829▲ $2,763,784
Total Liabilities and Net Assets / Fund Balance$144,682,634$141,233,805▼ $3,448,829

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,200,623$1,373,008$5,573,631
Land$2,601,653-$2,601,653
Equipment$480,540$2,011,813$2,492,353
Leasehold Improvements$62,442$71,441$133,883
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William W PaulenPresident/CEOFT$175,427$60,306$235,733
Daniel LefreeEvp/CFOFT$124,724$39,470$164,194
Darcy Vander VoetVP of OperationsFT$80,465$15,793$96,258
Rebecca RikerVP of Member ExperienceFT$70,874$14,770$85,644
Nicole LougheedVP of Strategic InitiativeFT$70,663$8,203$78,866
Frank WordenBoard Chair--$108$108
Anne KushSupervisor Committee/director--$108$108
Jan ParentSecretary--$108$108
Larry WilliamsDirector/supervisor Committee Chair--$108$108
Mark BorgaardVice Chair--$108$108
Bill PruettDirector--$108$108
Elaine TierneyDirector--$108$108
Graeme SackrisonDirector--$108$108
James ReidSupervisor Committee Chair/director--$108$108
John MaclennanDirector--$108$108
Steve BatesDirector--$108$108
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,336,210
Investment Income
$810,138
Other Revenue
$94,574
Change in Net Assets
$1,027,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,205,562
Salaries, Compensation, and Employee Benefits$3,008,161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,580,940
Office Expenses---$665,455
Information Technology---$636,543
Current Officers, Directors, Trustees, and Key Employees---$562,153
Other Employee Benefits---$465,878
Occupancy---$321,916
Pension Plan Contributions---$204,155
Payroll Taxes---$195,035
Depreciation Depletion---$181,691
Fees for Services Other---$122,127
All Other Expenses---$104,800
Advertising---$86,708
Travel---$81,439
Insurance---$60,174
Fees for Services Accounting---$52,971
Conferences and Meetings---$22,985
Fees for Services Legal---$19,614
Fees for Services Management---$9,958
Interest---$2
Other Expenses---$-83,534
Total Functional Expenses$0$0$0$6,213,723
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 Shares and Deposits$115,555,980
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 35% controlled entity
No
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 13,304 members.”

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

“The credit union members elect all members of the board of directors.”

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

“Form 990 is reviewed by the ceo, director of finance and the board of directors. The form is approved by the ceo.”

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

“Directors, officers and committee members are required to sign an oath of office annually which incorporates a conflict of interest statement.”

Form 990, Part VI, Section B, Line 15

“Compensation committee of the board reviews and approves the ceo's compensation. Ceo sets officer salaries based on industry survey and peer comparison; board of directors approves ranges.”

Form 990, Part VI, Section C, Line 19

“The credit union makes its governing documents, conflict of interest policy and financial statements available to the public at their annual meeting.”

Filing and Contact Details

Filer

Filer Name
Community 1st Credit Union
EIN
91-0403380
Phone
2537225212
Address
PO BOX 870, DUPONT, WA 98327

Signing Officer

Name
William W Paulen
Title
President/CEO
Phone
2537225212
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Lefree
Formed
1934
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
64
Volunteers
17

Preparer

Firm
Hauser Jones & Sas Pllc
Address
10940 NE 33RD PLACE SUITE 100, BELLEVUE, WA 98004
Preparer
Roger a Jones CPA
Phone
4258891778
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

“Volunteers serve on the credit union's supervisory committee. The supervisory committee reviews various operations of the credit union to ensure compliance with the credit union's policies and procedures.”

FORM 990, PART XI, LINE 9:

“Equity acquired in merger 1,693,044.”

Raw XML AppendixShowing 400 of 494 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 CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SUPERVISOR COMMITTEE/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13EVP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF MEMBER EXPERIENCE
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IRS990/GrossAmountSalesAssetsGrp/OtherAmt055679
IRS990/GrossReceiptsAmt07240922
IRS990/GrossRentsGrp/RealAmt049602
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0636543
IRS990/InsuranceGrp/TotalAmt060174
IRS990/InterestGrp/TotalAmt02
IRS990/InvestmentIncomeGrp/ExclusionAmt0754459
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0754459
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03365596
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0292086
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04970446
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0579496
IRS990/IRPDocumentCnt03547
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03456262
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06678250
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07345258
IRS990/LandBldgEquipCostOrOtherBssAmt010801520
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt08914
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt08914
IRS990/MissionDesc0TO ESTABLISH AND MAINTAIN THE TRUST OF OUR MEMBERS, WHILE CONTINUALLY EARNING OUR PLACE AS THEIR PREFERRED FINANCIAL INSTITUTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016219045
IRS990/NetAssetsOrFundBalancesEOYAmt018982829
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt055679
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt055679
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt049602
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt049602
IRS990/NetUnrelatedBusTxblIncmAmt0-42008
IRS990/NetUnrlzdGainsLossesInvstAmt043541
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0321916
IRS990/OfficeExpensesGrp/TotalAmt0665455
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03357312
IRS990/OtherAssetsTotalGrp/EOYAmt03972901
IRS990/OtherChangesInNetAssetsAmt01693044
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0465878
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING FEE
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0467984
IRS990/OtherExpensesGrp/TotalAmt1391572
IRS990/OtherExpensesGrp/TotalAmt263157
IRS990/OtherExpensesGrp/TotalAmt3-83534
IRS990/OtherLiabilitiesGrp/BOYAmt0123658090
IRS990/OtherLiabilitiesGrp/EOYAmt0115555980
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1SAFE DEPOSIT BOX
IRS990/OtherRevenueMiscGrp/Desc2DEBT PROTECTION INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt024261
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16737
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25060
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024261
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16737
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25060
IRS990/OtherRevenueTotalAmt044972
IRS990/OtherSalariesAndWagesGrp/TotalAmt01580940
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt097453834
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt092274711
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0195035
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0204155
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0217683
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0274610
IRS990/PrincipalOfficerNm0DAN LEFREE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522210
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MORTGAGE SERVICE RIGHT
IRS990/ProgramServiceRevenueGrp/Desc4INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04725796
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1967776
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2567168
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt329451
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt418992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04725796
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1994803
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2567168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329451
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418992
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt027027
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0567758
IRS990/PYOtherExpensesAmt03487693
IRS990/PYOtherRevenueAmt0181570
IRS990/PYProgramServiceRevenueAmt04052181
IRS990/PYRevenuesLessExpensesAmt0-683570
IRS990/PYSalariesCompEmpBnftPaidAmt01997386
IRS990/PYTotalExpensesAmt05485079
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04801509
IRS990/ReconcilationRevenueExpnssAmt01027199
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt049602
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016219045
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018982829
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027734576
IRS990/SavingsAndTempCashInvstGrp/EOYAmt034982915
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04200623
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01373008
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05573631
IRS990ScheduleD/EquipmentGrp/BookValueAmt0480540
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02011813
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02492353
IRS990ScheduleD/LandGrp/BookValueAmt02601653
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02601653
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt062442
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt071441
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0133883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115555980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES AND DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07345258
IRS990ScheduleD/TotalLiabilityAmt0115555980
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1124724
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110000
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/DeferredCompensationFlngOrgAmt020643
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt113584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt115886
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM W PAULEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DANIEL LEFREE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EVP/CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0235733
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1164194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVE ON THE CREDIT UNION'S SUPERVISORY COMMITTEE. THE SUPERVISORY COMMITTEE REVIEWS VARIOUS OPERATIONS OF THE CREDIT UNION TO ENSURE COMPLIANCE WITH THE CREDIT UNION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAS 13,304 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION MEMBERS ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS.

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,233,805
Liabilities
$122,250,976
Net assets
$18,982,829
Revenue
$7,240,922
Expenses
$6,213,723
Net income
$1,027,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$7.82$7.82$0.00
2024Detailed filing. Detailed filing data is available for this year.$187$165$21.7$11.4$10.7$0.65
2023Detailed filing. Detailed filing data is available for this year.$205$184$21.1$11.9$11.0$0.92
2022Detailed filing. Detailed filing data is available for this year.$223$202$21.0$10.3$9.48$0.79
2021Detailed filing. Detailed filing data is available for this year.$215$195$20.2$8.98$7.92$1.06
2020Detailed filing. Detailed filing data is available for this year.$175$156$19.1$7.39$7.25$0.14
2019Detailed filing. Detailed filing data is available for this year.$141$122$19.0$7.24$6.21$1.03
2018Detailed filing. Detailed filing data is available for this year.$145$128$16.6$4.80$5.49$0.68
2017Detailed filing. Detailed filing data is available for this year.$110$93.4$16.9$4.39$4.85$0.45
2016Detailed filing. Detailed filing data is available for this year.$111$93.8$17.4$4.67$4.48$0.19
2015Detailed filing. Detailed filing data is available for this year.$114$96.5$17.2$4.42$4.60$0.18
2014Detailed filing. Detailed filing data is available for this year.$115$97.4$17.3$4.65$4.49$0.16
2013Detailed filing. Detailed filing data is available for this year.$114$97.6$16.3$4.84$4.64$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$96.6$17.0$5.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$101$16.5$4.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$105$16.5$5.77