Civic Intelligence

MID-Cities Financial Credit Union

990 • Fiscal year 2013 • EIN 95-1561268

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

Organization ProfileWWW.MIDCITIESCU.ORG

View Organization Page

325 S Santa Fe AvenueCompton, CA 90221-3242

(310) 638-5147

Siviq Scores

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

Liabilities / Assets

17th percentile

0.78x

Higher debt load relative to assets than 17% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

13th percentile

10.19x

Higher debt load relative to revenue than 13% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

36th percentile

0.7%

Higher net margin than 36% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

52nd percentile

$69,272

Higher top officer pay than 52% of similar nonprofits.

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

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Asset Growth

7th percentile

-4.7%

Faster asset growth than 7% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M 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

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$22,313,079

Down $1,110,415 (-4.7%) from 2012

Net Assets

Down

$4,981,786

Down $142,027 (-2.8%) from 2012

Liabilities

Down

$17,331,293

Down $968,388 (-5.3%) from 2012

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin36th percentile

Revenue

$1,701,112

No earlier filing loaded for comparison.

Expenses

Up

$1,689,362

Up $167,940 (+11%) from 2012

Net Income

$11,750

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$30M$20M$10M$0Assets 2010: $24,114,095Liabilities 2010: $18,965,911Net Assets 2010: $5,148,1842010Assets 2011: $23,418,948Liabilities 2011: $18,511,032Net Assets 2011: $4,907,9162011Assets 2012: $23,423,494Liabilities 2012: $18,299,681Net Assets 2012: $5,123,8132012Assets 2013: $22,313,079Liabilities 2013: $17,331,293Net Assets 2013: $4,981,7862013Assets 2014: $22,573,437Liabilities 2014: $17,911,774Net Assets 2014: $4,661,6632014Assets 2015: $22,087,731Liabilities 2015: $17,358,596Net Assets 2015: $4,729,1352015Assets 2016: $20,417,540Liabilities 2016: $17,460,937Net Assets 2016: $2,956,6032016Assets 2017: $19,770,045Liabilities 2017: $17,842,135Net Assets 2017: $1,927,9102017Assets 2018: $19,275,443Liabilities 2018: $17,237,707Net Assets 2018: $2,037,7362018Assets 2019: $18,693,113Liabilities 2019: $16,518,564Net Assets 2019: $2,174,5492019Assets 2024: $17,556,502Liabilities 2024: $16,290,948Net Assets 2024: $1,265,5542024

Highlighted filing

2013

Assets$22,313,079
Liabilities$17,331,293
Net Assets$4,981,786
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,093,4432010Expenses 2011: $1,913,3272011Expenses 2012: $1,521,4222012Revenue 2013: $1,701,112Expenses 2013: $1,689,362Net Income 2013: $11,7502013Revenue 2014: $2,114,277Expenses 2014: $2,548,278Net Income 2014: -$434,0012014Revenue 2015: $1,993,808Expenses 2015: $1,954,663Net Income 2015: $39,1452015Revenue 2016: $1,730,897Expenses 2016: $3,543,009Net Income 2016: -$1,812,1122016Revenue 2017: $1,510,652Expenses 2017: $2,539,345Net Income 2017: -$1,028,6932017Revenue 2018: $1,331,024Expenses 2018: $1,221,197Net Income 2018: $109,8272018Revenue 2019: $1,253,487Expenses 2019: $1,169,473Net Income 2019: $84,0142019Revenue 2024: $1,055,969Expenses 2024: $1,358,468Net Income 2024: -$302,4992024

Highlighted filing

2013

Revenue$1,701,112
Expenses$1,689,362
Net Income$11,750
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$1,903,393
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$17,471,983$16,365,516▼ $1,106,467
Rtn Earn Endowment Incm Other Fnds$5,123,813$4,981,786▼ $142,027
Savings and Temporary Cash Investments$5,007,000$4,014,000▼ $993,000
Cash and Non-Interest-Bearing Accounts$625,078$1,654,151▲ $1,029,073
Land, Buildings, and Equipment, Net$165,143$143,349▼ $21,794
Prepaid Expenses and Deferred Charges$36,895$36,548▼ $347
Accounts Receivable-$1,378-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$23,423,494$22,313,079▼ $1,110,415
Other Assets Total$117,395$98,137▼ $19,258
Liabilities
Other Liabilities$18,076,352$17,308,245▼ $768,107
Accounts Payable and Accrued Expenses$223,329$23,048▼ $200,281
Total Liabilities$18,299,681$17,331,293▼ $968,388
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,123,813$4,981,786▼ $142,027
Total Liabilities and Net Assets / Fund Balance$23,423,494$22,313,079▼ $1,110,415

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$35,118$427,478$462,596
Equipment$74,671$383,688$458,359
Land$33,560-$33,560
Investment Program Related Org$234,247--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bessie GriffinInterim CEOFT$59,071$10,201$69,272
Anthony SandersCEO (former)FT$32,536$1,353$33,889

Board Members and Trustees

NameTitle
Dr Vera RobertsChairperson
Dorothy Plummer-jonesSupv Committee Chair
Barbara BanksDirector
Charles MooreDirector
Cheryl MatthewsDirector
Delores PennDirector
Floyd KnoxDirector
Fred EasterDirector
Herman WinslowSupv Committee Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Harland Financial SolutionsOnline Services-$118,324
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,545,390
Investment Income
$116,451
Other Revenue
$39,271
Change in Net Assets
$11,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$989,651
Salaries, Compensation, and Employee Benefits$699,361
Grants and Similar Amounts Paid$350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$479,308
Office Expenses---$185,592
Fees for Services Other---$166,593
Current Officers, Directors, Trustees, and Key Employees---$91,607
Other Employee Benefits---$59,948
Depreciation Depletion---$55,624
Occupancy---$48,281
Payroll Taxes---$43,861
Interest---$41,562
Fees for Services Accounting---$32,270
Advertising---$32,089
Travel---$31,389
Fees for Services Legal---$30,172
Pension Plan Contributions---$24,637
Insurance---$13,782
Other Expenses---$12,296
All Other Expenses---$8,902
Information Technology---$7,500
Grants to Domestic Orgs---$350
Total Functional Expenses$0$0$0$1,689,362
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Shares and Deposits$17,227,085
Other Liabilities$81,160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
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

“Mid cities 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. Mid cities credit union does not have stockholders.”

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

“The governing board of mid cities 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 11

“The board and management review the form 990 during the board meeting and provide comments and modifications where necessary.”

Form 990, Part VI, Section B, Line 15A

“The process for determining compensation of the only key employee, the ceo, included the review of comparative compensation data and approval by independent persons - the board of directors.”

Form 990, Part VI, Section C, Line 19

“Monthly financial statements are posted in branch offices. Other documents are made available upon request.”

Filing and Contact Details

Filer

EIN
95-1561268
Phone
3106385147

Signing Officer

Name
Bessie Griffin
Title
Director of Membership
Phone
3106385147
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bessie Griffin
Formed
1937
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
16
Volunteers
9

Preparer

Preparer
Valentino Creus CPA
Phone
8189549700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in regular and legal reserves 4,423. Misc adjustment - equity -158,200.”

FORM 990, PART XII, LINE 2C:

“The organization has not changed either its oversight process or selection 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" of being 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 year ended march 31, 2014, management has determined that there are no material uncertain tax positions. The credit union is generally not subject to examination by u.s. Federal authorities for tax years before 2009 and by state tax authorities before 2008. For the year ended march 31, 2014, the credit union has no uncertain tax positions and, accordingly, has not recorded a liability for the payment of interest or penalties.”

Raw XML AppendixShowing 400 of 405 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2MISC. EXPENSES
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt0146150
IRS990/OtherExpensesGrp/TotalAmt1134480
IRS990/OtherExpensesGrp/TotalAmt242969
IRS990/OtherExpensesGrp/TotalAmt312296
IRS990/OtherLiabilitiesGrp/BOYAmt018076352
IRS990/OtherLiabilitiesGrp/EOYAmt017308245
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0NON-OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt030189
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt039271
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt09082
IRS990/OtherRevenueTotalAmt039271
IRS990/OtherSalariesAndWagesGrp/TotalAmt0479308
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt043861
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt024637
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036895
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036548
IRS990/PrincipalOfficerNm0BESSIE GRIFFIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01212187
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1328446
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01212187
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1333203
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt04757
IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBERS USED APPROXIMATELY $17,227,085 IN GROSS AMOUNTS OF THE CREDIT UNION'S SAVINGS PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/Desc0MEMBERS USED OUR CASH OPERATIONS TO CASH CHECKS AND OBTAIN CASH FOR THEIR INDIVIDUAL NEEDS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0923
IRS990/PYInvestmentIncomeAmt0207695
IRS990/PYOtherExpensesAmt0859116
IRS990/PYOtherRevenueAmt087920
IRS990/PYProgramServiceRevenueAmt01447857
IRS990/PYRevenuesLessExpensesAmt0222050
IRS990/PYSalariesCompEmpBnftPaidAmt0661383
IRS990/PYTotalExpensesAmt01521422
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01743472
IRS990/ReconcilationRevenueExpnssAmt011750
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05123813
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04981786
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05007000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04014000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt035118
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0427478
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0462596
IRS990ScheduleD/EquipmentGrp/BookValueAmt074671
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0383688
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0458359
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt013889486
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12241783
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2234247
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOANS AND LEASES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2DEPOSIT IN ASI
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt033560
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt033560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017227085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt181160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER SHARES AND DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
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" OF BEING 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 YEAR ENDED MARCH 31, 2014, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. THE CREDIT UNION IS GENERALLY NOT SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR TAX YEARS BEFORE 2009 AND BY STATE TAX AUTHORITIES BEFORE 2008. FOR THE YEAR ENDED MARCH 31, 2014, THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED A LIABILITY FOR THE PAYMENT OF INTEREST OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0143349
IRS990ScheduleD/TotalBookValueProgramRltdAmt016365516
IRS990ScheduleD/TotalLiabilityAmt017308245
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MID CITIES 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. MID CITIES CREDIT UNION DOES NOT HAVE STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD OF MID CITIES 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD AND MANAGEMENT REVIEW THE FORM 990 DURING THE BOARD MEETING AND PROVIDE COMMENTS AND MODIFICATIONS WHERE NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE ONLY KEY EMPLOYEE, THE CEO, INCLUDED THE REVIEW OF COMPARATIVE COMPENSATION DATA AND APPROVAL BY INDEPENDENT PERSONS - THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MONTHLY FINANCIAL STATEMENTS ARE POSTED IN BRANCH OFFICES. OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN REGULAR AND LEGAL RESERVES 4,423. MISC ADJUSTMENT - EQUITY -158,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt023423494
IRS990/TotalAssetsEOYAmt022313079
IRS990/TotalAssetsGrp/BOYAmt023423494
IRS990/TotalAssetsGrp/EOYAmt022313079
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/TotalAmt01689362
IRS990/TotalGrossUBIAmt013839
IRS990/TotalLiabilitiesBOYAmt018299681
IRS990/TotalLiabilitiesEOYAmt017331293
IRS990/TotalLiabilitiesGrp/BOYAmt018299681
IRS990/TotalLiabilitiesGrp/EOYAmt017331293
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05123813
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04981786
IRS990/TotalOtherCompensationAmt011554
IRS990/TotalProgramServiceRevenueAmt01545390
IRS990/TotalReportableCompFromOrgAmt091607
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01687273
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01701112
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt013839
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023423494
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022313079
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt031389
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10325 S SANTA FE AVENUE
IRS990/USAddress/City0COMPTON
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode0902213242
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MIDCITIESCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BESSIE GRIFFIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF MEMBERSHIP
ReturnHeader/BusinessOfficerGrp/PhoneNum03106385147
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10MID CITIES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MIDC
ReturnHeader/Filer/EIN0951561268
ReturnHeader/Filer/PhoneNum03106385147
ReturnHeader/Filer/USAddress/AddressLine10325 S SANTA FE AVENUE
ReturnHeader/Filer/USAddress/City0COMPTON
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode0902213242
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954083485
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10TURNER WARREN HWANG & CONRAD ACCTCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10100 NORTH FIRST ST STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0BURBANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode091502
ReturnHeader/PreparerPersonGrp/PhoneNum08189549700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VALENTINO CREUS CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,313,079
Liabilities
$17,331,293
Net assets
$4,981,786
Revenue
$1,701,112
Expenses
$1,689,362
Net income
$11,750
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.6$16.3$1.27$1.06$1.36$0.30
2019Detailed filing. Detailed filing data is available for this year.$18.7$16.5$2.17$1.25$1.17$0.08
2018Summary only. Only limited summary data is available for this year.$19.3$17.2$2.04$1.33$1.22$0.11
2017Summary only. Only limited summary data is available for this year.$19.8$17.8$1.93$1.51$2.54$1.03
2016Detailed filing. Detailed filing data is available for this year.$20.4$17.5$2.96$1.73$3.54$1.81
2015Detailed filing. Detailed filing data is available for this year.$22.1$17.4$4.73$1.99$1.95$0.04
2014Detailed filing. Detailed filing data is available for this year.$22.6$17.9$4.66$2.11$2.55$0.43
2013Detailed filing. Detailed filing data is available for this year.$22.3$17.3$4.98$1.70$1.69$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$18.3$5.12$1.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$18.5$4.91$1.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$19.0$5.15$2.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)14 • $10M-$25M nonprofits