Civic Intelligence

E-Central Credit Union

990 • Fiscal year 2017 • EIN 95-1442156

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 25, 2018

990 South Fair Oaks AvenuePasadena, CA 91105-2626

(626) 799-6000

Siviq Scores

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

Liabilities / Assets

10th percentile

0.81x

Higher debt load relative to assets than 10% of similar nonprofits.

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

Liabilities / Revenue

27th percentile

14.87x

Higher debt load relative to revenue than 27% of similar nonprofits.

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

Net Margin

60th percentile

13%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

91st percentile

$350,392

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

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

Asset Growth

8th percentile

-0.7%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

47th percentile

6.1%

Faster revenue growth than 47% of similar nonprofits.

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

Assets

Down

$157,947,609

Down $1,059,987 (-0.7%) from 2016

Net Assets

Up

$29,879,494

Up $1,149,069 (+4.0%) from 2016

Liabilities

Down

$128,068,115

Down $2,209,056 (-1.7%) from 2016

Revenue

Up

$8,612,779

Up $497,886 (+6.1%) from 2016

Expenses

Up

$7,463,811

Up $206,422 (+2.8%) from 2016

Net Income

Up

$1,148,968

Up $291,464 (+34%) from 2016

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $170,533,205Liabilities 2010: $154,571,872Net Assets 2010: $15,961,3332010Assets 2011: $166,690,132Liabilities 2011: $148,626,564Net Assets 2011: $18,063,5682011Assets 2012: $162,577,282Liabilities 2012: $141,911,030Net Assets 2012: $20,666,2522012Assets 2013: $161,211,305Liabilities 2013: $136,678,053Net Assets 2013: $24,533,2522013Assets 2014: $158,838,313Liabilities 2014: $132,123,525Net Assets 2014: $26,714,7882014Assets 2015: $158,147,603Liabilities 2015: $130,274,587Net Assets 2015: $27,873,0162015Assets 2016: $159,007,596Liabilities 2016: $130,277,171Net Assets 2016: $28,730,4252016Assets 2017: $157,947,609Liabilities 2017: $128,068,115Net Assets 2017: $29,879,4942017Assets 2018: $159,811,423Liabilities 2018: $129,152,217Net Assets 2018: $30,659,2062018Assets 2019: $168,256,764Liabilities 2019: $136,567,553Net Assets 2019: $31,689,2112019Assets 2020: $187,605,631Liabilities 2020: $155,957,626Net Assets 2020: $31,648,0052020Assets 2021: $193,980,763Liabilities 2021: $161,676,276Net Assets 2021: $32,304,4872021Assets 2022: $182,628,434Liabilities 2022: $148,766,804Net Assets 2022: $33,861,6302022Assets 2023: $172,452,151Liabilities 2023: $134,822,350Net Assets 2023: $37,629,8012023Assets 2024: $169,203,207Liabilities 2024: $130,799,866Net Assets 2024: $38,403,3412024

Highlighted filing

2017

Assets$157,947,609
Liabilities$128,068,115
Net Assets$29,879,494

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $14,680,6602010Expenses 2011: $7,311,6852011Expenses 2012: $6,679,1252012Revenue 2013: $10,491,663Expenses 2013: $6,609,717Net Income 2013: $3,881,9462013Revenue 2014: $9,197,430Expenses 2014: $7,026,197Net Income 2014: $2,171,2332014Revenue 2015: $8,163,647Expenses 2015: $7,004,506Net Income 2015: $1,159,1412015Revenue 2016: $8,114,893Expenses 2016: $7,257,389Net Income 2016: $857,5042016Revenue 2017: $8,612,779Expenses 2017: $7,463,811Net Income 2017: $1,148,9682017Revenue 2018: $8,821,797Expenses 2018: $8,042,041Net Income 2018: $779,7562018Revenue 2019: $9,443,419Expenses 2019: $8,413,414Net Income 2019: $1,030,0052019Revenue 2020: $8,455,835Expenses 2020: $8,497,041Net Income 2020: -$41,2062020Revenue 2021: $8,617,902Expenses 2021: $7,961,420Net Income 2021: $656,4822021Revenue 2022: $8,949,930Expenses 2022: $7,392,790Net Income 2022: $1,557,1402022Revenue 2023: $11,789,670Expenses 2023: $8,021,497Net Income 2023: $3,768,1732023Revenue 2024: $10,617,693Expenses 2024: $8,728,953Net Income 2024: $1,888,7402024

Highlighted filing

2017

Revenue$8,612,779
Expenses$7,463,811
Net Income$1,148,968
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$8,612,779
Mission and Program Overview

Mission

E-central credit union is a cooperative, organized for the purpose of promoting thrift and saving among its members, creating a source of credit for them at rates of interest set by the board of directors, 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, e-central credit union conducts its business for the mutual benefit and general welfare of its members with the earning, savings, benefits, or services of the credit union being distributed to its members as patrons.

A cooperative, organized for the purpose of promoting thrift and savings among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$109,843,684$111,695,557▲ $1,851,873
Rtn Earn Endowment Incm Other Fnds$28,730,425$29,879,494▲ $1,149,069
Investments in Publicly Traded Securities$19,541,625$20,030,758▲ $489,133
Savings and Temporary Cash Investments$21,101,219$15,880,199▼ $5,221,020
Land, Buildings, and Equipment, Net$5,095,130$4,897,353▼ $197,777
Receivables From Officers Etc$1,170,919$3,148,024▲ $1,977,105
Cash and Non-Interest-Bearing Accounts$299,969$427,234▲ $127,265
Prepaid Expenses and Deferred Charges$249,168$356,973▲ $107,805
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$159,007,596$157,947,609▼ $1,059,987
Other Assets Total$1,705,882$1,511,511▼ $194,371
Liabilities
Other Liabilities$129,317,787$126,873,615▼ $2,444,172
Accounts Payable and Accrued Expenses$959,384$1,194,500▲ $235,116
Total Liabilities$130,277,171$128,068,115▼ $2,209,056
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,730,425$29,879,494▲ $1,149,069
Total Liabilities and Net Assets / Fund Balance$159,007,596$157,947,609▼ $1,059,987

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$412,756$3,045,049$3,457,805
Land$3,285,000-$3,285,000
Buildings$1,124,968$1,797,420$2,922,388
Leasehold Improvements$74,629$1,892,478$1,967,107
Investment Program Related Org$722,400--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael TheodorePresident/CEOFT$235,577$114,815$350,392
Richard WiseCFOFT$109,966$53,947$163,913
Loh Jen SySVP LendingFT$124,245$23,261$147,506
Evan HitchcockVP OpsFT$108,194$32,072$140,266
Dennis MagaldiSecretary/treasurer-$2,400-$2,400

Board Members and Trustees

NameTitle
Mark GarmusChairman
Jon OliverSupv Cmte Chair
Dominick EdwardsVice Chairman
Glenda Giles-luickDirector
John DrewDirector
Richard HonoreDirector
Stephen HensonDirector
Corbet WilcoxSupv Cmte Member
James GreenbaumSupv Cmte Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,985,586
Investment Income
$744,347
Other Revenue
$882,846
Change in Net Assets
$1,148,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,751,593
Other Expenses$3,712,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,185,758
Office Expenses---$1,160,386
Current Officers, Directors, Trustees, and Key Employees---$662,069
Other Employee Benefits---$520,722
Information Technology---$494,838
Interest---$432,639
Occupancy---$278,659
Depreciation Depletion---$277,246
Travel---$249,732
Payroll Taxes---$229,616
Advertising---$196,798
Pension Plan Contributions---$153,428
Fees for Services Accounting---$68,698
Fees for Services Legal---$61,376
Fees for Services Other---$54,324
Insurance---$47,845
Other Expenses---$18,000
Total Functional Expenses$0$0$0$7,463,811
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$1,170,919$3,148,024▲ $1,977,105
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares and Deposits$126,873,615
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, Section A, Line 6

E-central credit union is a cooperative financial institution that is owned and controlled by its members, and operated for the purpose of promoting thrift and savings to its members. E-central credit union does not have stockholders.

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

The governing board of e-central credit union is comprised of volunteer members who are directly elected by its members. Each member of the governing board serves for a period as prescribed by our by-laws.

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

At the end of each term of the board members, elections are held and board members are voted by the members of the credit union pursuant to its by-laws. Member votes are also required to ratify decisions dealing with reorganizations as in the case of merger or dissolution.

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

Each board member shall receive a completed draft of the form 990 for review prior to filing each year.

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

E-central cu regularly monitors and enforces compliance with the conflict of interest policy. On an annual basis the conflict of interest policy is reviewed and a copy is provided to employees. All employees are required to read and sign the receipt of the conflict of interest policy. As part of that review, all employees are to report to their managers of known family members that have accounts with the cu. Employees are restricted from having any access to their or a family members account. This is tested annually during the compliance portion of our audit.

Form 990, Part VI, Section B, Line 15

The process of determining compensation for the ceo is reviewed and completed by the board, and the process of determining compensation for top management officials and key employees is reviewed by the ceo. The cuna salary survey is used for comparability for industry standards and reasonableness.

Form 990, Part VI, Section C, Line 19

Monthly financial statements are posted in the building lobby and also made available upon request.

Filing and Contact Details

Filer

Filer Name
E-central Credit Union
EIN
95-1442156
Phone
6267996000
Address
990 SOUTH FAIR OAKS AVENUE, PASADENA, CA 91105-2626

Signing Officer

Name
Mike Theodore
Title
President/CEO
Phone
6267996000
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Theodore
Formed
1943
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
75
Volunteers
11

Preparer

Firm
Turner Warren Hwang & Conrad Acctcy
Address
100 NORTH FIRST ST STE 202, BURBANK, CA 91502
Preparer
Valentino Creus CPA
Phone
8189549700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed either its selection process or oversight process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Fasb asc 740-10-65, income taxes, provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the credit union's tax returns to determine whether the tax positions are "more likely than not" to be sustained "when challenged or "when examined" by the applicable tax authority. Tax positions deemed to not meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. For the years ended march 31, 2018 and 2017, management has determined that the credit union has no material uncertain tax positions, and accordingly, the credit union has not recorded a liability for the payment of interest or penalties. The credit union is subject to and pays all state and city taxes on goods and services purchased by the credit union.

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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0494838
IRS990/InsuranceGrp/TotalAmt047845
IRS990/InterestGrp/TotalAmt0432639
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0109843684
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0111695557
IRS990/InvestmentsPubTradedSecGrp/BOYAmt019541625
IRS990/InvestmentsPubTradedSecGrp/EOYAmt020030758
IRS990/IRPDocumentCnt01954
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06734947
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05095130
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04897353
IRS990/LandBldgEquipCostOrOtherBssAmt011632300
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0E-CENTRAL CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVING AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, 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, E-CENTRAL CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNING, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt028730425
IRS990/NetAssetsOrFundBalancesEOYAmt029879494
IRS990/NetUnrelatedBusTxblIncmAmt0-1945
IRS990/NetUnrlzdGainsLossesInvstAmt0101
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0278659
IRS990/OfficeExpensesGrp/TotalAmt01160386
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01705882
IRS990/OtherAssetsTotalGrp/EOYAmt01511511
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0520722
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1MISC OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2OPERATING FEES
IRS990/OtherExpensesGrp/TotalAmt0213978
IRS990/OtherExpensesGrp/TotalAmt1157699
IRS990/OtherExpensesGrp/TotalAmt218000
IRS990/OtherLiabilitiesGrp/BOYAmt0129317787
IRS990/OtherLiabilitiesGrp/EOYAmt0126873615
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER NON OPERATING IN
IRS990/OtherRevenueMiscGrp/Desc1PROVISION FOR LOAN AND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0579137
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1303709
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0579137
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1303709
IRS990/OtherRevenueTotalAmt0882846
IRS990/OtherSalariesAndWagesGrp/TotalAmt02185758
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0229616
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0153428
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0249168
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0356973
IRS990/PrincipalOfficerNm0MIKE THEODORE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04863132
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11304564
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2793939
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04863132
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11311931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2810523
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07367
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt116584
IRS990/ProgSrvcAccomActy2Grp/Desc0OFFERING A VAST ARRAY OF DYNAMIC ONLINE SERVICES IS CENTRAL TO E-CENTRAL'S STRATEGIC PLAN TO ALLOW MEMBERS TO ACCESS THEIR ACCOUNT ANYTIME, ANYWHERE. THIS IS AN IMPORTANT INITIATIVE TO REMAIN COMPETITIVE, IMPROVE OPERATIONAL EFFICIENCIES, AND TO RETAIN MEMBERS. OUR SUITE OF FREE E-SERVICES INCLUDE, ONLINE BANKING, MOBILE BANKING, BILL PAY, PERSONAL FINANCIAL MANAGEMENT TOOLS, ACCOUNT-TO-ACCOUNT TRANSFERS, REMOTE CHECK DEPOSIT AND A NUMBER OF OTHER SERVICES.
IRS990/ProgSrvcAccomActy3Grp/Desc0E-CENTRAL OFFERS A SUITE OF AFFORDABLE CHECKING ACCOUNTS THAT INCLUDE A NUMBER OF FREE SERVICES, SUCH AS DEBIT CARDS AND A SUITE OF ONLINE SERVICES. THE CREDIT UNION CONTINUES TO SEE CHECKING ACCOUNT PENETRATION INCREASE, CHECKING OVERALL BALANCES INCREASE AND DEBIT CARD TRANSACTIONS INCREASE EACH YEAR. MEMBERS VALUE OUR LOW-COST SOLUTION AS THEY LOOK TO SAVE MONEY EVERY DAY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0707223
IRS990/PYOtherExpensesAmt03781467
IRS990/PYOtherRevenueAmt0856394
IRS990/PYProgramServiceRevenueAmt06551276
IRS990/PYRevenuesLessExpensesAmt0857504
IRS990/PYSalariesCompEmpBnftPaidAmt03475922
IRS990/PYTotalExpensesAmt07257389
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08114893
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt01170919
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt03148024
IRS990/ReconcilationRevenueExpnssAmt01148968
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt028730425
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt029879494
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021101219
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015880199
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01124968
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01797420
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02922388
IRS990ScheduleD/EquipmentGrp/BookValueAmt0412756
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03045049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03457805
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt06236000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1103051549
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21259275
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3426333
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4722400
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DEPOSITS IN COMMERCIAL BANKS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1LOANS AND LEASES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3PAID IN CAPITAL IN CORP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4ALL OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4F
IRS990ScheduleD/LandGrp/BookValueAmt03285000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03285000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt074629
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01892478
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01967107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0126873615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES AND DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" TO BE SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED MARCH 31, 2018 AND 2017, MANAGEMENT HAS DETERMINED THAT THE CREDIT UNION HAS NO MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, THE CREDIT UNION HAS NOT RECORDED A LIABILITY FOR THE PAYMENT OF INTEREST OR PENALTIES. THE CREDIT UNION IS SUBJECT TO AND PAYS ALL STATE AND CITY TAXES ON GOODS AND SERVICES PURCHASED BY THE CREDIT UNION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04897353
IRS990ScheduleD/TotalBookValueProgramRltdAmt0111695557
IRS990ScheduleD/TotalLiabilityAmt0126873615
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0235577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1109966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount036750
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/DeferredCompensationFlngOrgAmt029033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt112346
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt128798
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt032134
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt12803
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL THEODORE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RICHARD WISE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0350392
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1163913
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt053001
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1774328
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2311625
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt3867892
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt411938
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt51121713
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt67527
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$131$38.4$10.6$8.73$1.89
2023Detailed filing. Detailed filing data is available for this year.$172$135$37.6$11.8$8.02$3.77
2022Detailed filing. Detailed filing data is available for this year.$183$149$33.9$8.95$7.39$1.56
2021Detailed filing. Detailed filing data is available for this year.$194$162$32.3$8.62$7.96$0.66
2020Detailed filing. Detailed filing data is available for this year.$188$156$31.6$8.46$8.50$0.04
2019Detailed filing. Detailed filing data is available for this year.$168$137$31.7$9.44$8.41$1.03
2018Detailed filing. Detailed filing data is available for this year.$160$129$30.7$8.82$8.04$0.78
2017Detailed filing. Detailed filing data is available for this year.$158$128$29.9$8.61$7.46$1.15
2016Detailed filing. Detailed filing data is available for this year.$159$130$28.7$8.11$7.26$0.86
2015Detailed filing. Detailed filing data is available for this year.$158$130$27.9$8.16$7.00$1.16
2014Detailed filing. Detailed filing data is available for this year.$159$132$26.7$9.20$7.03$2.17
2013Detailed filing. Detailed filing data is available for this year.$161$137$24.5$10.5$6.61$3.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$163$142$20.7$6.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$167$149$18.1$7.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$171$155$16.0$14.7