Civic Intelligence

Usc Credit Union

990 • Fiscal year 2015 • EIN 95-4110181

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

Organization ProfileWWW.USCCREDITUNION.ORG
3720 S Flower St 4th FloorLos Angeles, CA 90089

(213) 821-7128

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Liabilities / Revenue

88th percentile

24.15x

Higher debt load relative to revenue than 88% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Net Margin

61st percentile

16%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Top Officer Pay

20th percentile

$276,323

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Asset Growth

40th percentile

4.9%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Revenue Growth

65th percentile

8.1%

Faster revenue growth than 65% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets90th percentile

Assets

Flat

$410,807,793

Flat from 2015

Net Assets

Flat

$34,186,632

Flat from 2015

Liabilities

Flat

$376,621,161

Flat from 2015

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin61st percentile

Revenue

Flat

$15,597,284

Flat from 2015

Expenses

Flat

$13,114,775

Flat from 2015

Net Income

Flat

$2,482,509

Flat from 2015

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$800M$600M$400M$200M$0Assets 2010: $324,976,033Liabilities 2010: $300,907,432Net Assets 2010: $24,068,6012010Assets 2011: $329,966,132Liabilities 2011: $304,843,374Net Assets 2011: $25,122,7582011Assets 2012: $358,574,716Liabilities 2012: $331,189,583Net Assets 2012: $27,385,1332012Assets 2013: $370,351,610Liabilities 2013: $340,621,898Net Assets 2013: $29,729,7122013Assets 2014: $391,610,855Liabilities 2014: $359,887,190Net Assets 2014: $31,723,6652014Assets 2015: $410,807,793Liabilities 2015: $376,621,161Net Assets 2015: $34,186,6322015Assets 2015: $410,807,793Liabilities 2015: $376,621,161Net Assets 2015: $34,186,6322015Assets 2016: $447,978,819Liabilities 2016: $412,503,060Net Assets 2016: $35,475,7592016Assets 2017: $494,188,625Liabilities 2017: $455,433,316Net Assets 2017: $38,755,3092017Assets 2018: $521,048,706Liabilities 2018: $477,526,328Net Assets 2018: $43,522,3782018Assets 2019: $570,309,713Liabilities 2019: $521,285,783Net Assets 2019: $49,023,9302019Assets 2020: $658,998,771Liabilities 2020: $606,592,651Net Assets 2020: $52,406,1202020Assets 2021: $740,787,156Liabilities 2021: $686,970,764Net Assets 2021: $53,816,3922021Assets 2022: $754,273,547Liabilities 2022: $710,521,770Net Assets 2022: $43,751,7772022Assets 2023: $741,676,675Liabilities 2023: $699,186,011Net Assets 2023: $42,490,6642023

Highlighted filing

2015

Assets$410,807,793
Liabilities$376,621,161
Net Assets$34,186,632
Open 2015 Filing

Operations Trend

Revenue Growth65th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $15,184,4872010Expenses 2011: $13,980,2122011Expenses 2012: $13,211,9412012Revenue 2013: $14,886,821Expenses 2013: $12,542,236Net Income 2013: $2,344,5852013Revenue 2014: $14,423,450Expenses 2014: $12,429,497Net Income 2014: $1,993,9532014Revenue 2015: $15,597,284Expenses 2015: $13,114,775Net Income 2015: $2,482,5092015Revenue 2015: $15,597,284Expenses 2015: $13,114,775Net Income 2015: $2,482,5092015Revenue 2016: $16,990,886Expenses 2016: $15,713,774Net Income 2016: $1,277,1122016Revenue 2017: $19,918,533Expenses 2017: $16,518,581Net Income 2017: $3,399,9522017Revenue 2018: $24,131,162Expenses 2018: $19,430,356Net Income 2018: $4,700,8062018Revenue 2019: $25,756,718Expenses 2019: $20,292,680Net Income 2019: $5,464,0382019Revenue 2020: $25,520,330Expenses 2020: $22,753,484Net Income 2020: $2,766,8462020Revenue 2021: $22,826,821Expenses 2021: $20,426,302Net Income 2021: $2,400,5192021Revenue 2022: $21,672,643Expenses 2022: $20,738,848Net Income 2022: $933,7952022Revenue 2023: $30,542,999Expenses 2023: $26,026,442Net Income 2023: $4,516,5572023

Highlighted filing

2015

Revenue$15,597,284
Expenses$13,114,775
Net Income$2,482,509
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$44,893,026
Mission and Program Overview

Mission

To provide financial services to our core membership, that is the faculty, staff, students and alumni of the university of southern california.

To provide financial services to our core membership: faculty, staff, students, and alumni of usc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$252,001,717$294,932,251▲ $42,930,534
Cash and Non-Interest-Bearing Accounts$51,881,623$48,324,771▼ $3,556,852
Investments Other Securities$45,507,656$38,562,996▼ $6,944,660
Rtn Earn Endowment Incm Other Fnds$31,723,665$34,186,632▲ $2,462,967
Land, Buildings, and Equipment, Net$16,298,829$15,711,012▼ $587,817
Accounts Receivable$2,973,699$2,719,658▼ $254,041
Prepaid Expenses and Deferred Charges$957,431$867,021▼ $90,410
Savings and Temporary Cash Investments$13,466,716$500,000▼ $12,966,716
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$391,610,855$410,807,793▲ $19,196,938
Other Assets Total$8,523,184$9,190,084▲ $666,900
Liabilities
Other Liabilities$355,065,705$371,968,878▲ $16,903,173
Accounts Payable and Accrued Expenses$4,821,485$4,652,283▼ $169,202
Total Liabilities$359,887,190$376,621,161▲ $16,733,971
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,723,665$34,186,632▲ $2,462,967
Total Liabilities and Net Assets / Fund Balance$391,610,855$410,807,793▲ $19,196,938

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,784,874$1,998,241$15,783,115
Equipment$830,848$4,650,401$5,481,249
Leasehold Improvements$303,868$897,819$1,201,687
Land$791,422-$791,422
Other Securities$37,339,996--
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary PerezCEOFT$251,203$25,120$276,323
Ludwig MunevarCFOFT$159,516$15,952$175,468
Ralph RamirezCLOFT$156,025$15,603$171,628
David Schauer-westCIOFT$128,181$12,818$140,999
Tere DenisonChief Marketing OfficerFT$125,800$12,580$138,380
Irene RodriguezChief Service OfficerFT$123,500$12,350$135,850
Christine SchwarzAvp, Real EstateFT$123,244$12,324$135,568
Sandra GonzalezChief Administrative OffierFT$110,000$11,000$121,000

Board Members and Trustees

NameTitle
Jerald JellisonBoard Chair, Faculty Rep
Julie NyquistBoard Co-chair, Faculty Re
Justin HoMember, Alumni Rep
Lisa EscobarMember, Faculty Rep
Peer FissMember, Faculty Rep
Richard MccormickMember, Staff Rep
Margaret TurnerSecretary, Staff Rep
Regina NordahlSupervisory Committee Chai
Kristen YoungSupervisory Committee Memb
Stan HendersonSupervisory Committee Memb
Teri AdamsSupervisory Committee Memb
Gavin GalimiTreasurer, Alumni Rep

Highest Paid Contractors

ContractorServicesLocationCompensation
Co-op Financial ServicesFinancial Services9692 HAVEN AVE, Rancho Cucamonga, CA 91730$607,659
Dbsi IncorporatedBusiness Development6950 W MORELOS PLACE STE 1, Chandler, AZ 85226$285,688
Pscu Financial ServicesFinancial Services19824 N 7TH ST, Phoenix, AZ 85024$266,413
Helpmates Staffing ServicesStaffing1200 MAIN STREET 1ST FL STE A, Irvine, CA 92614$235,467
Fox Sports College PropertiesMediaFILE 55437, Los Angeles, CA 90074$230,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,513,083
Investment Income
$1,947,291
Other Revenue
$1,136,910
Change in Net Assets
$2,482,509

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,597,284
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,597,284
Total Revenue per Form 990
$15,597,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,421,070
Salaries, Compensation, and Employee Benefits$5,693,705
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,734,058
Other Employee Benefits---$1,664,431
Current Officers, Directors, Trustees, and Key Employees---$1,295,216
Interest---$1,060,506
Depreciation Depletion---$707,972
Advertising---$596,950
All Other Expenses---$581,888
Fees for Services Other---$555,489
Occupancy---$462,420
Other Expenses---$424,803
Office Expenses---$330,151
Insurance---$97,775
Travel---$74,320
Fees for Services Accounting---$57,123
Fees for Services Legal---$47,722
Conferences and Meetings---$5,584
Total Functional Expenses$0$0$0$13,114,775

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,114,775
Total Expenses per Audited Statements$13,114,775
Total Expenses per Form 990$13,114,775
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Member Share Accounts$371,968,878
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a cooperative financial institution that has members.”

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

“Any member can nominate a member to the governing body. The nominees are voted on at the annual meeting which can be attended by any member.”

Form 990, Part VI, Section B, Line 11

“The ceo, cfo, and the controller review the form 990 and verify that it is comparable to actual results.”

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

“Employees and managers are required to report any violations of the policy to their supervisor and/or hr.”

Form 990, Part VI, Section B, Line 15

“The ceo's compensation is reviewed with the personnel committee (which consists of members of the board). The vp of hr prepares survey data for the committee regarding ceo pay and compensation from three sources and then the committee meets. The meetings are held quarterly. The executive team and management team compensation is approved by the ceo. Compensation for this team is also researched from three different sources and then a decision is made and approved by the ceo. This is done on an annual basis.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in the organization's branches. Governing documents and the conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Usc Credit Union
EIN
95-4110181
Phone
2138217128
Address
3720 S FLOWER ST 4TH FLOOR, LOS ANGELES, CA 90089

Signing Officer

Name
Ludwig Munevar
Title
CFO
Phone
2138217128
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ludwig Munevar
Formed
1973
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
78
Volunteers
15

Preparer

Firm
Cliftonlarsonallen Llp
Address
20 E THOMAS RD STE 2300, PHOENIX, AZ 85012
Preparer
Janis Isaacson
Phone
6022662248
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized gain/loss on afs investment -19,542.”

FORM 990, PART XII, LINE 2C:

“The supervisory committee is responsible for the audited financial statements”

Financial Statement Notes

PART X, LINE 2:

“The credit union evaluated its tax positions and determined no uncertain tax positions exist as of june 30, 2015 and 2014.”

Raw XML AppendixShowing 400 of 559 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/Form990PartVIISectionAGrp/PersonNm9REGINA NORDAHL
IRS990/Form990PartVIISectionAGrp/PersonNm10TERI ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm11KRISTEN YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm12LUDWIG MUNEVAR
IRS990/Form990PartVIISectionAGrp/PersonNm13GARY PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm14IRENE RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm15RALPH RAMIREZ
IRS990/Form990PartVIISectionAGrp/PersonNm16CHRISTINE SCHWARZ
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID SCHAUER-WEST
IRS990/Form990PartVIISectionAGrp/PersonNm18TERE DENISON
IRS990/Form990PartVIISectionAGrp/PersonNm19SANDRA GONZALEZ
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12159516
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13251203
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14123500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15156025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16123244
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17128181
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18125800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19110000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR, FACULTY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CO-CHAIR, FACULTY RE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER, ALUMNI REP
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY, STAFF REP
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER, FACULTY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER, STAFF REP
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER, ALUMNI REP
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER, FACULTY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt8SUPERVISORY COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt9SUPERVISORY COMMITTEE CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt10SUPERVISORY COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt11SUPERVISORY COMMITTEE MEMB
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF SERVICE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt16AVP, REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt17CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF MARKETING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF ADMINISTRATIVE OFFIER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01011919
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt030307661
IRS990/GrossReceiptsAmt044893026
IRS990/GrossRentsGrp/RealAmt0531715
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt097775
IRS990/InterestGrp/TotalAmt01060506
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0935372
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0935372
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt045507656
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt038562996
IRS990/IRPDocumentCnt05961
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07546461
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016298829
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015711012
IRS990/LandBldgEquipCostOrOtherBssAmt023257473
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt029295742
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL SERVICES TO OUR CORE MEMBERSHIP, THAT IS THE FACULTY, STAFF, STUDENTS AND ALUMNI OF THE UNIVERSITY OF SOUTHERN CALIFORNIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt031723665
IRS990/NetAssetsOrFundBalancesEOYAmt034186632
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01011919
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01011919
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0531715
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0531715
IRS990/NetUnrelatedBusTxblIncmAmt0533
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0462420
IRS990/OfficeExpensesGrp/TotalAmt0330151
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08523184
IRS990/OtherAssetsTotalGrp/EOYAmt09190084
IRS990/OtherChangesInNetAssetsAmt0-19542
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01664431
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN AND
IRS990/OtherExpensesGrp/TotalAmt0938867
IRS990/OtherExpensesGrp/TotalAmt1936991
IRS990/OtherExpensesGrp/TotalAmt2542509
IRS990/OtherExpensesGrp/TotalAmt3424803
IRS990/OtherLiabilitiesGrp/BOYAmt0355065705
IRS990/OtherLiabilitiesGrp/EOYAmt0371968878
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0612794
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0605195
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-7599
IRS990/OtherRevenueTotalAmt0605195
IRS990/OtherSalariesAndWagesGrp/TotalAmt02734058
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0252001717
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0294932251
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0957431
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0867021
IRS990/PrincipalOfficerNm0LUDWIG MUNEVAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09703632
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12754267
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12809451
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt055184
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01801553
IRS990/PYOtherExpensesAmt07145542
IRS990/PYOtherRevenueAmt0917886
IRS990/PYProgramServiceRevenueAmt011704011
IRS990/PYRevenuesLessExpensesAmt01993953
IRS990/PYSalariesCompEmpBnftPaidAmt05283955
IRS990/PYTotalExpensesAmt012429497
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014423450
IRS990/ReconcilationRevenueExpnssAmt02482509
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0531715
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031723665
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt034186632
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013466716
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0500000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013784874
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01998241
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015783115
IRS990ScheduleD/EquipmentGrp/BookValueAmt0830848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04650401
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05481249
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013114775
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0791422
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0791422
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0303868
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0897819
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01201687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0371968878
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01223000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt137339996
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FEDERAL HOME LOAN BANK STOCK

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$410,807,793
Liabilities
$376,621,161
Net assets
$34,186,632
Revenue
$15,597,284
Expenses
$13,114,775
Net income
$2,482,509
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$742$699$42.5$30.5$26.0$4.52
2022Summary only. Only limited summary data is available for this year.$754$711$43.8$21.7$20.7$0.93
2021Summary only. Only limited summary data is available for this year.$741$687$53.8$22.8$20.4$2.40
2020Summary only. Only limited summary data is available for this year.$659$607$52.4$25.5$22.8$2.77
2019Summary only. Only limited summary data is available for this year.$570$521$49.0$25.8$20.3$5.46
2018Summary only. Only limited summary data is available for this year.$521$478$43.5$24.1$19.4$4.70
2017Summary only. Only limited summary data is available for this year.$494$455$38.8$19.9$16.5$3.40
2016Summary only. Only limited summary data is available for this year.$448$413$35.5$17.0$15.7$1.28
2015Detailed filing. Detailed filing data is available for this year.$411$377$34.2$15.6$13.1$2.48
2015Summary only. Only limited summary data is available for this year.$411$377$34.2$15.6$13.1$2.48
2014Summary only. Only limited summary data is available for this year.$392$360$31.7$14.4$12.4$1.99
2013Summary only. Only limited summary data is available for this year.$370$341$29.7$14.9$12.5$2.34
2012Summary only. Only limited summary data is available for this year.$359$331$27.4$13.2
2011Summary only. Only limited summary data is available for this year.$330$305$25.1$14.0
2010Summary only. Only limited summary data is available for this year.$325$301$24.1$15.2