Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
EIN 94-2670567 • 501(c)14 • Provo, UT
Profile
Non-Profit Credit Union
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
28th percentile
Higher top officer pay than 28% of similar nonprofits.
Top officer pay equals 14.7% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Assets
Down$2,064,048
Down $319,306 (-13%) from 2023
Liabilities
Down$1,671,884
Down $330,546 (-17%) from 2023
Net Assets
Up$392,164
Up $11,240 (+3.0%) from 2023
Revenue
Down$120,216
Down $847 (-0.7%) from 2023
Expenses
Down$108,976
Down $2,472 (-2.2%) from 2023
Net Income
Up$11,240
Up $1,625 (+17%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Non-Profit Credit Union
Member Owned Non-profit Credit Union
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $1,459,133 | $1,385,419 | ▼ $73,714 |
| Savings and Temporary Cash Investments | $770,616 | $591,773 | ▼ $178,843 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $380,924 | $392,164 | ▲ $11,240 |
| Receivables From Officers Etc | $97,539 | $40,317 | ▼ $57,222 |
| Cash and Non-Interest-Bearing Accounts | $26,448 | $26,475 | ▲ $27 |
| Land, Buildings, and Equipment, Net | $2,001 | $44 | ▼ $1,957 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $2,383,354 | $2,064,048 | ▼ $319,306 |
| Other Assets Total | $27,617 | $20,020 | ▼ $7,597 |
| Liabilities | |||
| Other Liabilities | $2,002,022 | $1,671,476 | ▼ $330,546 |
| Accounts Payable and Accrued Expenses | $408 | $408 | → $0 |
| Total Liabilities | $2,002,430 | $1,671,884 | ▼ $330,546 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $380,924 | $392,164 | ▲ $11,240 |
| Total Liabilities and Net Assets / Fund Balance | $2,383,354 | $2,064,048 | ▼ $319,306 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $0 | $0 | $0 |
| Land | $0 | - | $0 |
| Equipment | $44 | $47,993 | $0 |
| Leasehold Improvements | $0 | $0 | $0 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Becky J Smith | Vice-President / Treasurer | PT | $17,640 | $17,640 |
| Sheldon B Lindsay | President / manager | PT | $17,640 | $17,640 |
| Name | Title |
|---|---|
| Gary Jolley | Board Chariman |
| Dan Stowe | Board Member |
| Daren Herring | Board Member |
| Don Messick | Board Member |
| Keith Teuscher | Board Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $70,807 |
| Salaries, Compensation, and Employee Benefits | $38,169 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | - | - | - | $38,629 |
| Comp Disqual Persons | - | - | - | $35,280 |
| Occupancy | - | - | - | $8,308 |
| Information Technology | - | - | - | $5,360 |
| Office Expenses | - | - | - | $5,218 |
| Insurance | - | - | - | $3,180 |
| Payroll Taxes | - | - | - | $2,889 |
| All Other Expenses | - | - | - | $2,193 |
| Depreciation Depletion | - | - | - | $1,957 |
| Other Expenses | - | - | - | $1,065 |
| Total Functional Expenses | $0 | $0 | $0 | $108,976 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Officers, Directors, Trustees, and Key Employees | $97,539 | $40,317 | ▼ $57,222 |
| Liability | Amount |
|---|---|
| Member Shares | $1,671,476 |
“Form 990, Part VI, Section A, Line 6 - All Credit Union Members are stockholders in the ownership of the Credit Union.”
“Form 990, Part VI, Section A, Line 7a - All Credit Union Members are invited to annual business meeting where each member has a vote in the election of the board of directors from the Credit Union membership.”
“Form 990, Part VI, Section B, Line 11b - The Form 990 is distributed and reviewed by the Board of Directors during the monthly board meeting prior to submission.”
“Form 990, Part VI, Section B Line 15 - The Board of Directors reviews the compensation package of the CEO and other Key employees and any changes are discussed by the Board in the absence of paid Credit Union Management and employees.”
“Form 990, Part VI, Section C, Line 18 - The year end financial report is reviewed at the annual membership business meeting. Copies of the year end financial report are mailed to the Credit Union members. Form 990 is available to the public upon request.”
“Form 990, Part VI, Section C, Line 19 - The year end financial report is reviewed at the annual membership business meeting. Copies of the yearend financial report are mailed to the Credit Union Members. Form 990 is available to the public upon requestl.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 408 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Member Owned Non-profit Credit Union |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2193 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Becky J Smith |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8013775634 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 250 West Center Suite 114 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Provo |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 84604 |
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| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 26448 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 26475 |
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| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 35280 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 11240 |
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| IRS990/CYTotalExpensesAmt | 0 | 108976 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 120216 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
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| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1957 |
| IRS990/Desc | 0 | Non Profit Credit Union |
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| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
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| IRS990/DonorAdvisedFundInd | 0 | 0 |
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| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Becky J Smith |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Sheldon B Lindsay |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Chariman |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1949 |
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| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
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| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
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| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 120216 |
| IRS990/GrossRentsGrp/PersonalAmt | 0 | 0 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 0 |
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| IRS990/InterestGrp/TotalAmt | 0 | 38629 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
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| IRS990/InvestmentInJointVentureInd | 0 | 0 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 48037 |
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| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
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| IRS990/MissionDesc | 0 | Non-Profit Credit Union |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 392164 |
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| IRS990/NetIncomeFromGamingGrp/ExclusionAmt | 0 | 0 |
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| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
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| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 27617 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 20020 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Audit |
| IRS990/OtherExpensesGrp/Desc | 1 | State Supervision Fee |
| IRS990/OtherExpensesGrp/Desc | 2 | Annual Meeting Expense |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1897 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1065 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2002022 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1671476 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1385419 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 2889 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 380924 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 392164 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Sheldon B Lindsay |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Income From Loans |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 94060 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 94060 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Member owned Credit Union. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 34983 |
| IRS990/PYOtherExpensesAmt | 0 | 73281 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 86080 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 9615 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 38167 |
| IRS990/PYTotalExpensesAmt | 0 | 111448 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 121063 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 97539 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 40317 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 11240 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 770616 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 591773 |
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| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
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| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Member Shares |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Form 990, Part VI, Section A, Line 6 - All Credit Union Members are stockholders in the ownership of the Credit Union. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Form 990, Part VI, Section A, Line 7a - All Credit Union Members are invited to annual business meeting where each member has a vote in the election of the board of directors from the Credit Union membership. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Form 990, Part VI, Section B, Line 11b - The Form 990 is distributed and reviewed by the Board of Directors during the monthly board meeting prior to submission. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990, Part VI, Section B Line 15 - The Board of Directors reviews the compensation package of the CEO and other Key employees and any changes are discussed by the Board in the absence of paid Credit Union Management and employees. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Form 990, Part VI, Section C, Line 18 - The year end financial report is reviewed at the annual membership business meeting. Copies of the year end financial report are mailed to the Credit Union members. Form 990 is available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Form 990, Part VI, Section C, Line 19 - The year end financial report is reviewed at the annual membership business meeting. Copies of the yearend financial report are mailed to the Credit Union Members. Form 990 is available to the public upon requestl. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, Line 19 |
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| IRS990/USAddress/CityNm | 0 | Provo |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sheldon Lindsay |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8013775634 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CREDIT UNIONS CHARTERED IN THE STATE OF UTAH |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CRED |
| ReturnHeader/Filer/EIN | 0 | 942670567 |
| ReturnHeader/Filer/PhoneNum | 0 | 8013775634 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 1402 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Provo |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 84603 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2025-04-14T12:04:45-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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