Civic Intelligence

Horizon Credit Union

990 • Fiscal year 2013 • EIN 91-0567788

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 12, 2014

PO Box 1512899216

(509) 928-6494

Siviq Scores

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

Liabilities / Assets

47th percentile

0.89x

Higher debt load relative to assets than 47% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

46th percentile

17.36x

Higher debt load relative to revenue than 46% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

47th percentile

14%

Higher net margin than 47% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

100th percentile

$2,394,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

87th percentile

10.0%

Faster asset growth than 87% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B 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

$584,109,220

Up $52,989,009 (+10.0%) from 2012

Net Assets

Up

$61,911,705

Up $4,203,739 (+7.3%) from 2012

Liabilities

Up

$522,197,515

Up $48,785,270 (+10%) from 2012

Revenue

$30,088,926

No earlier filing loaded for comparison.

Expenses

Up

$25,885,426

Up $899,029 (+3.6%) from 2012

Net Income

$4,203,500

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.

$3.0B$2.0B$1.0B$0Assets 2010: $411,069,941Liabilities 2010: $362,844,200Net Assets 2010: $48,225,7412010Assets 2011: $436,855,866Liabilities 2011: $385,804,024Net Assets 2011: $51,051,8422011Assets 2012: $531,120,211Liabilities 2012: $473,412,245Net Assets 2012: $57,707,9662012Assets 2013: $584,109,220Liabilities 2013: $522,197,515Net Assets 2013: $61,911,7052013Assets 2014: $620,763,082Liabilities 2014: $554,077,490Net Assets 2014: $66,685,5922014Assets 2015: $819,694,391Liabilities 2015: $730,448,545Net Assets 2015: $89,245,8462015Assets 2016: $908,342,501Liabilities 2016: $810,917,139Net Assets 2016: $97,425,3622016Assets 2017: $947,975,803Liabilities 2017: $840,581,532Net Assets 2017: $107,394,2712017Assets 2018: $1,056,461,334Liabilities 2018: $937,435,208Net Assets 2018: $119,026,1262018Assets 2019: $1,121,213,457Liabilities 2019: $988,243,073Net Assets 2019: $132,970,3842019Assets 2020: $1,645,911,225Liabilities 2020: $1,449,668,031Net Assets 2020: $196,243,1942020Assets 2021: $1,730,610,354Liabilities 2021: $1,516,539,762Net Assets 2021: $214,070,5922021Assets 2022: $2,076,980,376Liabilities 2022: $1,839,227,205Net Assets 2022: $237,753,1712022Assets 2023: $2,055,277,728Liabilities 2023: $1,814,821,990Net Assets 2023: $240,455,7382023Assets 2024: $2,009,971,093Liabilities 2024: $1,765,415,527Net Assets 2024: $244,555,5662024

Highlighted filing

2013

Assets$584,109,220
Liabilities$522,197,515
Net Assets$61,911,705

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $23,581,7202010Expenses 2011: $22,574,0962011Expenses 2012: $24,986,3972012Revenue 2013: $30,088,926Expenses 2013: $25,885,426Net Income 2013: $4,203,5002013Revenue 2014: $30,898,133Expenses 2014: $26,124,407Net Income 2014: $4,773,7262014Revenue 2015: $34,432,936Expenses 2015: $31,573,834Net Income 2015: $2,859,1022015Revenue 2016: $41,399,929Expenses 2016: $34,396,957Net Income 2016: $7,002,9722016Revenue 2017: $46,413,246Expenses 2017: $36,444,337Net Income 2017: $9,968,9092017Revenue 2018: $51,709,552Expenses 2018: $40,090,753Net Income 2018: $11,618,7992018Revenue 2019: $57,324,972Expenses 2019: $44,125,619Net Income 2019: $13,199,3532019Revenue 2020: $66,667,912Expenses 2020: $53,199,704Net Income 2020: $13,468,2082020Revenue 2021: $75,301,654Expenses 2021: $56,124,430Net Income 2021: $19,177,2242021Revenue 2022: $83,502,229Expenses 2022: $70,718,987Net Income 2022: $12,783,2422022Revenue 2023: $110,218,528Expenses 2023: $104,836,061Net Income 2023: $5,382,4672023Revenue 2024: $116,805,788Expenses 2024: $112,911,982Net Income 2024: $3,893,8062024

Highlighted filing

2013

Revenue$30,088,926
Expenses$25,885,426
Net Income$4,203,500
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 12, 2014
Return Version
2013v3.1
Gross Receipts
$33,188,409
Mission and Program Overview

Mission

Credit union operated without profit for mutual purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$389,149,086$458,177,322▲ $69,028,236
Rtn Earn Endowment Incm Other Fnds$57,707,966$61,911,705▲ $4,203,739
Investments Other Securities$52,823,430$42,586,026▼ $10,237,404
Savings and Temporary Cash Investments$50,948,374$41,322,371▼ $9,626,003
Land, Buildings, and Equipment, Net$19,699,458$19,833,946▲ $134,488
Cash and Non-Interest-Bearing Accounts$3,603,598$4,133,447▲ $529,849
Intangible Assets$1,350,978$1,797,000▲ $446,022
Prepaid Expenses and Deferred Charges$1,603,439$934,029▼ $669,410
Accounts Receivable$1,373,807$901,362▼ $472,445
Receivables From Officers Etc-$92,350-
Investments Program Related$14,856$14,169▼ $687
Total Assets$531,120,211$584,109,220▲ $52,989,009
Other Assets Total$10,553,185$14,317,198▲ $3,764,013
Liabilities
Other Liabilities$465,134,286$515,408,475▲ $50,274,189
Accounts Payable and Accrued Expenses$8,277,959$6,786,688▼ $1,491,271
Escrow Account Liability-$2,352-
Total Liabilities$473,412,245$522,197,515▲ $48,785,270
Net Assets / Fund Balance
Total Net Assets Fund Balance$57,707,966$61,911,705▲ $4,203,739
Total Liabilities and Net Assets / Fund Balance$531,120,211$584,109,220▲ $52,989,009

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,238,034$3,570,548$16,808,582
Other Land Buildings$1,631,381$7,906,915$9,538,296
Land$4,710,014-$4,710,014
Leasehold Improvements$254,517$741,616$996,133
Other Securities$858,900--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff AdamsCEOFT$243,074$2,173,296$2,394,000
Mark NeumannVice PresideFT$170,532$53,605$224,137
Mark NeumannVice President-$155,158$75,898$224,137
Deborah PareliusCFOPT$131,109$33,389$155,833
Greg RobinsonVice PresideFT$139,512$11,120$150,632
Greg RobinsonVice President-$126,807$31,284$150,632
Brian GrytdalVice PresideFT$135,235$11,799$147,034
Steve WilderVice PresideFT$125,385$10,357$135,742
Jodie OlsonVice PresideFT$109,243$8,916$118,159

Board Members and Trustees

NameTitle
Steve SharonBoard Chair
Mark LodineDirector
Mike ButlerDirector
Tom DiluzioDirector
Nancy Ripley1st Vice CHA
Bernie Korth2nd Vice CHA
Pat FitzgeraldSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Baker ConstructionConstruction-$1,372,937
Mary E ThompsonAdvertising-$194,486
Stanley PerdueAttorney-$130,966
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$29,188,565
Investment Income
$880,427
Other Revenue
$19,934
Change in Net Assets
$4,203,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,088,926
Revenue Not Reported on Form 990
$253,821
Total Revenue per Audited Statements
$30,342,747
Total Revenue per Form 990
$30,088,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,111,131
Other Expenses$12,747,181
Grants and Similar Amounts Paid$27,114
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,376,789
Current Officers, Directors, Trustees, and Key Employees---$3,420,099
Information Technology---$2,225,075
Interest---$1,854,186
Occupancy---$1,500,273
Pension Plan Contributions---$1,443,381
Depreciation Depletion---$1,240,278
Other Employee Benefits---$1,155,743
All Other Expenses---$1,073,526
Advertising---$750,263
Payroll Taxes---$715,119
Office Expenses---$685,637
Other Expenses---$357,499
Insurance---$350,360
Fees for Services Other---$274,450
Travel---$137,181
Fees for Services Legal---$121,378
Fees for Services Management---$95,028
Fees for Services Accounting---$38,422
Grants to Domestic Orgs---$27,114
Total Functional Expenses$0$0$0$25,885,426

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$26,139,247
Expenses per Audited Statements$25,885,426
Total Expenses per Form 990$25,885,426
Expenses Not Reported on Form 990$253,821
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 Officers, Directors, Trustees, and Key Employees-$92,350-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$515,408,475
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

Entity has members who elect members of the board.

Form 990, Page 6, Part VI, Line 6

Entity has one class of members.

Form 990, Page 6, Part VI, Line 7A

Entity has members who elect members of the board.

Form 990, Page 6, Part VI, Line 7B

Entity has members who have rights to ratify decisions of the governing body.

Form 990, Page 6, Part VI, Line 11B

The cfo reviews the 990 and will make a complete copy of it available to the board at the november 2014 board meeting.

Form 990, Page 6, Part VI, Line 15A

Ceo salary ranges are prepared by human resources based on industry comparability data and review by the compensation committee. The compensation committee is comprise of volunteer board members. Ceo performance is assessed and salary trends are reviewed by compensation committee to determine appropriate salary. The salary recommendation is then presented to the full board of directors for final review and approval. Senior manager's salary ranges are prepared by human resources based on industry comparability data and reviewed by the ceo and the compensation committee. Performance is assessed and salary trends are reviewed by ceo to determine relevant salaries. Every few years compensation data and process is reviewed by an outside consultant.

Form 990, Page 6, Part VI, Line 15B

Senior manager's salary ranges are prepared by human resources based on industry comparability data and reviewed by the ceo and the compensation committee. Performance is assessed and salary trends are reviewed by ceo to determine relevant salaries. Every few years compensation data and process is reviewed by an outside consultant.

Form 990, Page 6, Part VI, Line 19

We publish our monthly financial statements at each branch, and our quarterly financial statements are published on the ncua website. Our annual report is on our website.

Filing and Contact Details

Filer

EIN
91-0567788
Phone
5099286494

Signing Officer

Name
Mr Jeff Adams
Title
CEO
Phone
5099286494
Signed
2014-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Adams
Formed
1947
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
257
Volunteers
11

Preparer

Preparer
Roger Jones
Phone
2538912940
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Net gain or loss on the sale of assets 253,821 net gain or loss on the sale of assets -253,821

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The credit union holds escrow funds in connection with the servicing of residential mortgage loans. During 2013, the credit union transfered the servicing rights to unrelated third party.

Schedule D, Page 3, Part X

The credit union files irs forms 990 and 990-t, as applicable. The credit union measures and recognizes the implications of positions taken or expected to be taken in its tax returns on an ongoing basis in accordance with income tax guidance. The credit union had no unrecognized tax benefits or liabilities and no adjustments to its financial position, results of operations or cash flows related to uncertain tax positions taken for the years ended december 31, 2013 and 2012. The credit union is no longer subject to federal, state or local income tax examinations by tax authorities for the years prior to december 31, 2010.

Schedule D, Page 4, Part XI, Line 2D

Net gain or loss on the sale of assets 253,821

Schedule D, Page 4, Part XII, Line 2D

Net gain or loss on the sale of assets 253,821

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt41ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-222933
IRS990/GainOrLossGrp/SecuritiesAmt0-30888
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt027114
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02600370
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0245292
IRS990/GrossReceiptsAmt033188409
IRS990/GrossRentsGrp/RealAmt019934
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt02225075
IRS990/InsuranceGrp/TotalAmt0350360
IRS990/IntangibleAssetsGrp/BOYAmt01350978
IRS990/IntangibleAssetsGrp/EOYAmt01797000
IRS990/InterestGrp/TotalAmt01854186
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01134248
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01134248
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt052823430
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt042586026
IRS990/InvestmentsProgramRelatedGrp/BOYAmt014856
IRS990/InvestmentsProgramRelatedGrp/EOYAmt014169
IRS990/IRPDocumentCnt06845
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012219079
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019699458
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019833946
IRS990/LandBldgEquipCostOrOtherBssAmt032053025
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02823303
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0276180
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt057707966
IRS990/NetAssetsOrFundBalancesEOYAmt061911705
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-253821
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-253821
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt019934
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt019934
IRS990/NetUnrelatedBusTxblIncmAmt0-48060
IRS990/NetUnrlzdGainsLossesInvstAmt099
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt01500273
IRS990/OfficeExpensesGrp/TotalAmt0685637
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010553185
IRS990/OtherAssetsTotalGrp/EOYAmt014317198
IRS990/OtherChangesInNetAssetsAmt0140
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01155743
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOAN PROCESSING
IRS990/OtherExpensesGrp/Desc2MISC EXPENSE
IRS990/OtherExpensesGrp/Desc3NCUA STABILIZATION
IRS990/OtherExpensesGrp/TotalAmt0943494
IRS990/OtherExpensesGrp/TotalAmt1714197
IRS990/OtherExpensesGrp/TotalAmt2385934
IRS990/OtherExpensesGrp/TotalAmt3357499
IRS990/OtherLiabilitiesGrp/BOYAmt0465134286
IRS990/OtherLiabilitiesGrp/EOYAmt0515408475
IRS990/OtherSalariesAndWagesGrp/TotalAmt06376789
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0389149086
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0458177322
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0715119
IRS990/PensionPlanContributionsGrp/TotalAmt01443381
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01603439
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0934029
IRS990/PrincipalOfficerNm0JEFF ADAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1NONINTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER ATM FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3WARRANTY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021407710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17726135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021407710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17726135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35406
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt049314
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt15406
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt023444
IRS990/PYInvestmentIncomeAmt01179144
IRS990/PYOtherExpensesAmt013492674
IRS990/PYOtherRevenueAmt01600
IRS990/PYProgramServiceRevenueAmt026803629
IRS990/PYRevenuesLessExpensesAmt02997976
IRS990/PYSalariesCompEmpBnftPaidAmt011470279
IRS990/PYTotalExpensesAmt024986397
IRS990/PYTotalRevenueAmt027984373
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt092350
IRS990/ReconcilationRevenueExpnssAmt04203500
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt019934
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt057707966
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt061911705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050948374
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041322371
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt013238034
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03570548
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016808582
IRS990ScheduleD/ExpensesNotReportedAmt0253821
IRS990ScheduleD/ExpensesSubtotalAmt025885426
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt04710014
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04710014
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0254517
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0741616
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0996133
IRS990ScheduleD/OtherExpensesIncludedAmt0253821
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01631381
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07906915
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09538296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0515408475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherRevenueAmt0253821
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt028061331
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt15048576
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt24005323
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt33608530
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt41003366
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5858900
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CMO SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc3MORTGAGE BACKED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc4FEDERAL AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc5STOCK IN FHLB
IRS990ScheduleD/OtherSecuritiesGrp/Desc6STOCK IN CUSO
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/RevenueNotReportedAmt0253821
IRS990ScheduleD/RevenueSubtotalAmt030088926
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HOLDS ESCROW FUNDS IN CONNECTION WITH THE SERVICING OF RESIDENTIAL MORTGAGE LOANS. DURING 2013, THE CREDIT UNION TRANSFERED THE SERVICING RIGHTS TO UNRELATED THIRD PARTY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION FILES IRS FORMS 990 AND 990-T, AS APPLICABLE. THE CREDIT UNION MEASURES AND RECOGNIZES THE IMPLICATIONS OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS ON AN ONGOING BASIS IN ACCORDANCE WITH INCOME TAX GUIDANCE. THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AND NO ADJUSTMENTS TO ITS FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS RELATED TO UNCERTAIN TAX POSITIONS TAKEN FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. THE CREDIT UNION IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS PRIOR TO DECEMBER 31, 2010.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET GAIN OR LOSS ON THE SALE OF ASSETS 253,821
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3NET GAIN OR LOSS ON THE SALE OF ASSETS 253,821
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019833946
IRS990ScheduleD/TotalBookValueSecuritiesAmt042586026
IRS990ScheduleD/TotalExpensesPerForm990Amt025885426
IRS990ScheduleD/TotalLiabilityAmt0515408475
IRS990ScheduleD/TotalRevenuePerForm990Amt030088926
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030342747
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt026139247
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0243074
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1155158
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2131109
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3126807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount01537255
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount115025
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount212830

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,010$1,765$245$117$113$3.89
2023Summary only. Only limited summary data is available for this year.$2,055$1,815$240$110$105$5.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,077$1,839$238$83.5$70.7$12.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,731$1,517$214$75.3$56.1$19.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,646$1,450$196$66.7$53.2$13.5
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,121$988$133$57.3$44.1$13.2
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,056$937$119$51.7$40.1$11.6
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$948$841$107$46.4$36.4$9.97
2016Summary only. Only limited summary data is available for this year.$908$811$97.4$41.4$34.4$7.00
2015Detailed filing. Detailed filing data is available for this year.$820$730$89.2$34.4$31.6$2.86
2014Detailed filing. Detailed filing data is available for this year.$621$554$66.7$30.9$26.1$4.77
2013Detailed filing. Detailed filing data is available for this year.$584$522$61.9$30.1$25.9$4.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$531$473$57.7$25.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$437$386$51.1$22.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$411$363$48.2$23.6
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $250M-$1B nonprofits