Civic Intelligence

Keypoint Credit Union

990 • Fiscal year 2011 • EIN 94-2600376

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 08, 2012

2805 Bowers Avenue95051
Siviq Scores

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

Liabilities / Assets

73rd percentile

0.91x

Higher debt load relative to assets than 73% of similar nonprofits.

2011 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

18th percentile

1.7%

Faster asset growth than 18% of similar nonprofits.

2011 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$751,916,749

Up $12,682,845 (+1.7%) from 2010

Net Assets

Up

$64,982,713

Up $3,491,957 (+5.7%) from 2010

Liabilities

Up

$686,934,036

Up $9,190,888 (+1.4%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$33,581,027

Down $2,505,528 (-6.9%) from 2010

Net Income

-

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.

$2.0B$1.5B$1.0B$500M$0Assets 2010: $739,233,904Liabilities 2010: $677,743,148Net Assets 2010: $61,490,7562010Assets 2011: $751,916,749Liabilities 2011: $686,934,036Net Assets 2011: $64,982,7132011Assets 2012: $785,628,360Liabilities 2012: $718,640,019Net Assets 2012: $66,988,3412012Assets 2013: $865,890,206Liabilities 2013: $796,717,327Net Assets 2013: $69,172,8792013Assets 2014: $939,225,533Liabilities 2014: $860,923,932Net Assets 2014: $78,301,6012014Assets 2015: $1,007,159,964Liabilities 2015: $923,123,725Net Assets 2015: $84,036,2392015Assets 2016: $1,070,888,231Liabilities 2016: $980,552,795Net Assets 2016: $90,335,4362016Assets 2017: $1,200,503,152Liabilities 2017: $1,105,725,189Net Assets 2017: $94,777,9632017Assets 2018: $1,287,458,904Liabilities 2018: $1,185,792,728Net Assets 2018: $101,666,1762018Assets 2019: $1,295,433,092Liabilities 2019: $1,186,653,340Net Assets 2019: $108,779,7522019Assets 2020: $1,496,633,127Liabilities 2020: $1,382,499,763Net Assets 2020: $114,133,3642020Assets 2021: $1,639,289,410Liabilities 2021: $1,503,576,834Net Assets 2021: $135,712,5762021Assets 2022: $1,806,959,309Liabilities 2022: $1,689,747,484Net Assets 2022: $117,211,8252022Assets 2023: $1,679,667,006Liabilities 2023: $1,570,897,171Net Assets 2023: $108,769,8352023Assets 2024: $1,602,390,335Liabilities 2024: $1,486,591,497Net Assets 2024: $115,798,8382024

Highlighted filing

2011

Assets$751,916,749
Liabilities$686,934,036
Net Assets$64,982,713

Operations Trend

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

$100M$50M$0Expenses 2010: $36,086,5552010Expenses 2011: $33,581,0272011Expenses 2012: $30,611,3832012Revenue 2013: $34,287,647Expenses 2013: $29,980,008Net Income 2013: $4,307,6392013Revenue 2014: $39,703,126Expenses 2014: $33,338,726Net Income 2014: $6,364,4002014Revenue 2015: $41,967,037Expenses 2015: $35,657,021Net Income 2015: $6,310,0162015Revenue 2016: $44,715,217Expenses 2016: $36,614,401Net Income 2016: $8,100,8162016Revenue 2017: $48,882,984Expenses 2017: $43,974,852Net Income 2017: $4,908,1322017Revenue 2018: $60,051,027Expenses 2018: $52,144,189Net Income 2018: $7,906,8382018Revenue 2019: $55,987,067Expenses 2019: $52,479,549Net Income 2019: $3,507,5182019Revenue 2020: $51,308,722Expenses 2020: $48,833,778Net Income 2020: $2,474,9442020Revenue 2021: $79,301,836Expenses 2021: $51,441,704Net Income 2021: $27,860,1322021Revenue 2022: $69,312,506Expenses 2022: $62,512,294Net Income 2022: $6,800,2122022Revenue 2023: $75,923,809Expenses 2023: $70,460,546Net Income 2023: $5,463,2632023Revenue 2024: $80,303,046Expenses 2024: $76,254,114Net Income 2024: $4,048,9322024

Highlighted filing

2011

Revenue-
Expenses$33,581,027
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 8, 2012
Return Version
2011v1.2
Gross Receipts
$36,305,765
Mission and Program Overview

Mission

Keypoint credit union is a cooperative, organized for the purpose of promoting thrift and savings among its members, creating a source of credit for them at competitive rates of interest, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, keypoint credit union conducts its business for the mutual benefit and general welfare of its members with the earnings, savings, benefit, or service of the credit union being distributed to its members as patrons.

Major Activities

Activity 2
Accomplishment of target goals in connection with origination of mortgage loan products to existing members.
Activity 3
Member satisfaction in connection with services pertaining to checking/savings accounts, attractive cd rates, ira and money market accounts.
Filing and Contact Details

Filer

EIN
94-2600376
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IRS990/MissionDescription0KEYPOINT CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT COMPETITIVE RATES OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, KEYPOINT CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFIT, OR SERVICE OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0TIMOTHY KRAMER
IRS990/NbrIndependentVotingMembers09
IRS990/NbrVotingGoverningBodyMembers09
IRS990/NbrVotingMembersGoverningBody09
IRS990/NetAssetsOrFundBalancesBOY061490756
IRS990/NetAssetsOrFundBalancesEOY064982713
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome07116
IRS990/NetGainOrLossInvestments/TotalRevenueColumn07116
IRS990/NetUnrelatedBusinessTxblIncome0-229168
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096011271
IRS990/NumberIndependentVotingMembers09
IRS990/NumberIndividualsGT100K024
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees0233
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total01739781
IRS990/OfficeExpenses/Total01546220
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY06427531
IRS990/OtherAssetsTotal/EOY06684549
IRS990/OtherEmployeeBenefits/Total01438791
IRS990/OtherExpensePriorYear020474774
IRS990/OtherExpensesCurrentYear018231425
IRS990/OtherExpenses/Description0PROV FOR LOAN LOSSES
IRS990/OtherExpenses/Description1LOAN SERVICING EXPENSE
IRS990/OtherExpenses/Description2MISC OPERATING EXPENSES
IRS990/OtherExpenses/Description3LOSS ON INVESTMENTS
IRS990/OtherExpenses/Total02241085
IRS990/OtherExpenses/Total11010629
IRS990/OtherExpenses/Total2230435
IRS990/OtherExpenses/Total3159254
IRS990/OtherLiabilities/BOY0669661100
IRS990/OtherLiabilities/EOY0678336760
IRS990/OtherRevenueCurrentYear0126074
IRS990/OtherRevenueMisc/BusinessCode0522100
IRS990/OtherRevenueMisc/Description0OTHER NON-OPERATING IN
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0126074
IRS990/OtherRevenueMisc/TotalRevenueColumn0126074
IRS990/OtherRevenuePriorYear030846
IRS990/OtherSalariesAndWages/Total08744674
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY00
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total0890521
IRS990/PensionPlanContributions/Total0992047
IRS990/PoliciesReferenceChapters01
IRS990/PoliticalActivities01
IRS990/PrepaidExpensesDeferredCharges/BOY01004060
IRS990/PrepaidExpensesDeferredCharges/EOY01108655
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0522100
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenue/BusinessCode2522100
IRS990/ProgramServiceRevenueCY033923389
IRS990/ProgramServiceRevenue/Description0INTEREST ON LOANS
IRS990/ProgramServiceRevenue/Description1FEE INCOME
IRS990/ProgramServiceRevenue/Description2OTHER OPERATING INCOME
IRS990/ProgramServiceRevenuePriorYear037929647
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome028587046
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome12936670
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome22073417
IRS990/ProgramServiceRevenue/TotalRevenueColumn028587046
IRS990/ProgramServiceRevenue/TotalRevenueColumn13246677
IRS990/ProgramServiceRevenue/TotalRevenueColumn22089666

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,602$1,487$116$80.3$76.3$4.05
2023Detailed filing. Detailed filing data is available for this year.$1,680$1,571$109$75.9$70.5$5.46
2022Detailed filing. Detailed filing data is available for this year.$1,807$1,690$117$69.3$62.5$6.80
2021Detailed filing. Detailed filing data is available for this year.$1,639$1,504$136$79.3$51.4$27.9
2020Detailed filing. Detailed filing data is available for this year.$1,497$1,382$114$51.3$48.8$2.47
2019Detailed filing. Detailed filing data is available for this year.$1,295$1,187$109$56.0$52.5$3.51
2018Detailed filing. Detailed filing data is available for this year.$1,287$1,186$102$60.1$52.1$7.91
2017Detailed filing. Detailed filing data is available for this year.$1,201$1,106$94.8$48.9$44.0$4.91
2016Detailed filing. Detailed filing data is available for this year.$1,071$981$90.3$44.7$36.6$8.10
2015Detailed filing. Detailed filing data is available for this year.$1,007$923$84.0$42.0$35.7$6.31
2014Detailed filing. Detailed filing data is available for this year.$939$861$78.3$39.7$33.3$6.36
2013Detailed filing. Detailed filing data is available for this year.$866$797$69.2$34.3$30.0$4.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$786$719$67.0$30.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$752$687$65.0$33.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$739$678$61.5$36.1