Civic Intelligence

Merco Credit Union

990 • Fiscal year 2017 • EIN 94-1366983

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

Organization Profilewww.merco.org

View Organization Page

1911 M StreetMerced, CA 95340

(209) 723-4285

Siviq Scores

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

Liabilities / Assets

70th percentile

0.91x

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

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

20.41x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Net Margin

64th percentile

14%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

32nd percentile

$175,602

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Asset Growth

66th percentile

5.2%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

6.4%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Flat

$108,753,776

Flat from 2017

Net Assets

Flat

$10,049,643

Flat from 2017

Liabilities

Flat

$98,704,133

Flat from 2017

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin64th percentile

Revenue

Flat

$4,835,007

Flat from 2017

Expenses

Flat

$4,171,344

Flat from 2017

Net Income

Flat

$663,663

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$300M$200M$100M$0Assets 2011: $76,744,263Liabilities 2011: $71,040,191Net Assets 2011: $5,704,0722011Assets 2012: $81,446,560Liabilities 2012: $74,779,577Net Assets 2012: $6,666,9832012Assets 2013: $85,944,034Liabilities 2013: $78,583,810Net Assets 2013: $7,360,2242013Assets 2014: $91,794,930Liabilities 2014: $83,595,395Net Assets 2014: $8,199,5352014Assets 2015: $97,417,687Liabilities 2015: $88,524,517Net Assets 2015: $8,893,1702015Assets 2016: $103,352,432Liabilities 2016: $93,966,452Net Assets 2016: $9,385,9802016Assets 2017: $108,753,776Liabilities 2017: $98,704,133Net Assets 2017: $10,049,6432017Assets 2017: $108,753,776Liabilities 2017: $98,704,133Net Assets 2017: $10,049,6432017Assets 2018: $116,503,078Liabilities 2018: $105,446,907Net Assets 2018: $11,056,1712018Assets 2019: $118,781,516Liabilities 2019: $106,720,713Net Assets 2019: $12,060,8032019Assets 2020: $143,567,580Liabilities 2020: $131,096,187Net Assets 2020: $12,471,3932020Assets 2021: $166,465,181Liabilities 2021: $151,259,494Net Assets 2021: $15,205,6872021Assets 2022: $174,840,743Liabilities 2022: $158,664,075Net Assets 2022: $16,176,6682022Assets 2023: $185,546,712Liabilities 2023: $168,867,045Net Assets 2023: $16,679,6672023Assets 2024: $201,175,702Liabilities 2024: $183,432,394Net Assets 2024: $17,743,3082024

Highlighted filing

2017

Assets$108,753,776
Liabilities$98,704,133
Net Assets$10,049,643
Open 2017 Filing

Operations Trend

Revenue Growth51st percentile

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

$15M$10M$5.0M$0Expenses 2011: $3,811,9712011Expenses 2012: $3,194,5142012Revenue 2013: $4,136,084Expenses 2013: $3,442,843Net Income 2013: $693,2412013Revenue 2014: $4,269,082Expenses 2014: $3,429,771Net Income 2014: $839,3112014Revenue 2015: $4,384,060Expenses 2015: $3,690,425Net Income 2015: $693,6352015Revenue 2016: $4,543,690Expenses 2016: $4,050,880Net Income 2016: $492,8102016Revenue 2017: $4,835,007Expenses 2017: $4,171,344Net Income 2017: $663,6632017Revenue 2017: $4,835,007Expenses 2017: $4,171,344Net Income 2017: $663,6632017Revenue 2018: $5,581,427Expenses 2018: $4,574,899Net Income 2018: $1,006,5282018Revenue 2019: $6,034,085Expenses 2019: $5,029,453Net Income 2019: $1,004,6322019Revenue 2020: $5,654,431Expenses 2020: $5,243,841Net Income 2020: $410,5902020Revenue 2021: $7,644,762Expenses 2021: $4,910,468Net Income 2021: $2,734,2942021Revenue 2022: $7,877,946Expenses 2022: $6,906,965Net Income 2022: $970,9812022Revenue 2023: $9,975,258Expenses 2023: $9,175,552Net Income 2023: $799,7062023Revenue 2024: $14,381,733Expenses 2024: $13,318,092Net Income 2024: $1,063,6412024

Highlighted filing

2017

Revenue$4,835,007
Expenses$4,171,344
Net Income$663,663
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$4,835,007
Mission and Program Overview

Mission

Non-profit, State-chartered, Natural Person Credit Union. Provide competitive financial services to the members of Merco Credit Union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$43,163,247$51,132,092▲ $7,968,845
Investments Program Related$50,642,164$47,407,013▼ $3,235,151
Rtn Earn Endowment Incm Other Fnds$9,385,980$10,049,643▲ $663,663
Savings and Temporary Cash Investments$4,815,338$5,516,504▲ $701,166
Cash and Non-Interest-Bearing Accounts$1,812,481$1,720,962▼ $91,519
Land, Buildings, and Equipment, Net$1,478,583$1,414,472▼ $64,111
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$103,352,432$108,753,776▲ $5,401,344
Other Assets Total$1,440,619$1,562,733▲ $122,114
Liabilities
Other Liabilities$93,396,989$97,991,592▲ $4,594,603
Accounts Payable and Accrued Expenses$569,463$712,541▲ $143,078
Total Liabilities$93,966,452$98,704,133▲ $4,737,681
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,385,980$10,049,643▲ $663,663
Total Liabilities and Net Assets / Fund Balance$103,352,432$108,753,776▲ $5,401,344

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$717,233$829,427$1,546,660
Equipment$227,734$599,637$827,371
Land$469,505-$469,505
Leasehold Improvements-$138,236$138,236
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MaloneCEO, PresidentFT$151,602$24,000$175,602
David W NessCFO,EVP FinanceFT$119,437$8,766$128,203
Shay LopezAVP LendingFT$63,809$30,096$93,905
Donna WinchesterVP HR&TrainingFT$72,958$1,745$74,703
Jennifer TosteAVP OperationsFT$63,522$4,404$67,926

Board Members and Trustees

NameTitle
Barbara JamisonBoard Member
Hubert WalshBoard Member
John PedrozoBoard Member
John PriceBoard Member
Kent ChristensenBoard member
M Stephen JonesBoard Member
Marie McDonaghBoard Member
Ron KinchloeBoard Member
Susan ChambersBoard Member
David BakerSupervisory COM
Joe SapienSupervisory COM
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,531,465
Investment Income
$814,758
Other Revenue
$1,488,784
Change in Net Assets
$663,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,084,227
Other Expenses$1,946,521
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$950,321
Fees for Services Other---$854,879
Other Employee Benefits---$662,578
Current Officers, Directors, Trustees, and Key Employees---$471,328
Office Expenses---$354,451
Occupancy---$210,741
Benefits to Members---$140,596
Advertising---$80,729
Travel---$18,701
Other Expenses---$12,807
Total Functional Expenses$0$0$0$4,171,344
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$52,605,185
Share Drafts$20,169,583
Money Market Shares$10,375,479
Share Certificates$8,595,512
IRA/KEOGH Accounts$6,245,833
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“All members eligible to vote at annual meeting for election of board.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Yes. The election of board principally involve the approval by members. Other actions may also require membership approval, but none required in 2015.”

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

“The return preparer e-mails a draft of the form 990 to a designated officer and/or ceo of the credit union for review. The designated officer and/or ceo sends a copy to the board of director (s). The designated individual(s) review the draft and present any questions, comments, or corrections to the return preparer. Upon satisfactory completion of the form 990, the organization's authorized individual signs the appropriate signature form(s) to authorize the electronic filing of the return. A copy of the form 990, as filed, is provided by the return preparer to theorganization's ceo or other designated individual(s).”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The ceo salary is reviewed by the board using salary survey information. Other officers are reviewed by the ceo utilizing salary survey information. Board members are unpaid.”

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

“Other officers are reviewed by the ceo utilizing salary survey information.”

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

“Governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
MERCO Credit Union
EIN
94-1366983
Phone
2097234285
Address
1911 M Street, Merced, CA 95340

Signing Officer

Name
David W Ness
Title
CEO, President
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David W Ness
Formed
1966
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
45
Volunteers
11

Preparer

Firm
Richards & Associates
Address
21520 YORBA LINDA BLVD G-516, YORBA LINDA, CA 92887
Preparer
Richards Associates CPAs
Phone
7142876713
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO,EVP Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP HR&Training
IRS990/Form990PartVIISectionAGrp/TitleTxt13AVP Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO, President
IRS990/Form990PartVIISectionAGrp/TitleTxt15AVP Lending
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04835007
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0814758
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0814758
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt050642164
IRS990/InvestmentsProgramRelatedGrp/EOYAmt047407013
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01088
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01567300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01478583
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01414472
IRS990/LandBldgEquipCostOrOtherBssAmt02981772
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Non-profit, State-chartered, Natural Person Credit Union. Provide competitive financial services to the members of Merco Credit Union.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09385980
IRS990/NetAssetsOrFundBalancesEOYAmt010049643
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-8075
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0210741
IRS990/OfficeExpensesGrp/TotalAmt0354451
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01440619
IRS990/OtherAssetsTotalGrp/EOYAmt01562733
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0662578
IRS990/OtherExpensesGrp/Desc0Loan servicing
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Misc Operating Expense
IRS990/OtherExpensesGrp/Desc3Operating Fees
IRS990/OtherExpensesGrp/TotalAmt0248477
IRS990/OtherExpensesGrp/TotalAmt1111201
IRS990/OtherExpensesGrp/TotalAmt254535
IRS990/OtherExpensesGrp/TotalAmt312807
IRS990/OtherLiabilitiesGrp/BOYAmt093396989
IRS990/OtherLiabilitiesGrp/EOYAmt097991592
IRS990/OtherRevenueMiscGrp/Desc0Fee Income
IRS990/OtherRevenueMiscGrp/Desc1Other Operating Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01275883
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1188786
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01299998
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1188786
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt024115
IRS990/OtherRevenueTotalAmt01488784
IRS990/OtherSalariesAndWagesGrp/TotalAmt0950321
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt043163247
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt051132092
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David W Ness
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02531465
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02531465
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0137300
IRS990/PYInvestmentIncomeAmt0726980
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01979496
IRS990/PYOtherRevenueAmt01416325
IRS990/PYProgramServiceRevenueAmt02400385
IRS990/PYRevenuesLessExpensesAmt0492810
IRS990/PYSalariesCompEmpBnftPaidAmt01934084
IRS990/PYTotalExpensesAmt04050880
IRS990/PYTotalRevenueAmt04543690
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0663663
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09385980
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010049643
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04815338
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05516504
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0717233
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0829427
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01546660
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227734
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0599637
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0827371
IRS990ScheduleD/LandGrp/BookValueAmt0469505
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0469505
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0138236
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0138236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06245833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110375479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt252605185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt38595512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt420169583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0IRA/KEOGH Accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Money Market Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Regular Shares
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Share Certificates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Share Drafts
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01414472
IRS990ScheduleD/TotalBookValueProgramRltdAmt047407013
IRS990ScheduleD/TotalLiabilityAmt097991592
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Michael Malone
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO, President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175602
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04051
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt171417
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt218806
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt3285933
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt460
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt5274
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt675192
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt75977
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt852
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt936915
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1027261
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1127005
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1219682
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt139863
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt141546
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt15289
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1618872
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1723433
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt18117117
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt192894
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2022740
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$108,753,776
Liabilities
$98,704,133
Net assets
$10,049,643
Revenue
$4,835,007
Expenses
$4,171,344
Net income
$663,663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$201$183$17.7$14.4$13.3$1.06
2023Summary only. Only limited summary data is available for this year.$186$169$16.7$9.98$9.18$0.80
2022Summary only. Only limited summary data is available for this year.$175$159$16.2$7.88$6.91$0.97
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$166$151$15.2$7.64$4.91$2.73
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$131$12.5$5.65$5.24$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$107$12.1$6.03$5.03$1.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$117$105$11.1$5.58$4.57$1.01
2017Detailed filing. Detailed filing data is available for this year.$109$98.7$10.0$4.84$4.17$0.66
2017Summary only. Only limited summary data is available for this year.$109$98.7$10.0$4.84$4.17$0.66
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$103$94.0$9.39$4.54$4.05$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.4$88.5$8.89$4.38$3.69$0.69
2014Detailed filing. Detailed filing data is available for this year.$91.8$83.6$8.20$4.27$3.43$0.84
2013Summary only. Only limited summary data is available for this year.$85.9$78.6$7.36$4.14$3.44$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.4$74.8$6.67$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.7$71.0$5.70$3.81