MYUSA CREDIT UNION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MYUSA CREDIT UNION INC (EIN 31-6023946)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-29
- IRS object ID
- 202422119349300617
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-29T10:11:30-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472565485 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUCKINGHAM BUSINESS ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180-A COMMERCE PARK DR | AddressLine1Txt |
| City | WESTERVILLE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 430826067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 316023946 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MYUSA CREDIT UNION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MYUS | BusinessNameControlTxt |
| Phone | 5134208640 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 TOWNE BLVD | AddressLine1Txt |
| City | MIDDLETOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES MILES | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5134208640 | PhoneNum |
| Signature | 2024-07-17 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN ALDERSON EA | PreparerPersonNm |
| PTIN | P01231640 | PTIN |
| Phone | 6148906620 | PhoneNum |
| Preparation | 2024-07-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES MILES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 TOWNE BLVD | AddressLine1Txt |
| City | MIDDLETOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $17,347,880 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MYUSACU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1934 | FormationYr |
| Activity Or Mission | PROVIDE FINANCIAL SERVICES TO MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 102 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $177,855 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,181,448 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,436,068 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,005,139 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,911,812 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $15,186,587 | PYTotalRevenueAmt |
| CY Total Revenue | $17,347,880 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $521,620 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,052,566 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,191,542 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,164,996 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,012,104 | PYOtherExpensesAmt |
| CY Other Expenses | $7,915,708 | CYOtherExpensesAmt |
| PY Total Expenses | $12,725,266 | PYTotalExpensesAmt |
| CY Total Expenses | $15,133,270 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,461,321 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,214,610 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $339,145,171 | TotalAssetsBOYAmt |
| Total Assets EOY | $312,810,350 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $303,084,724 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $273,431,292 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $36,060,447 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,379,058 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ASSIST MEMBER OWNERS IN GAINING PERSONAL FINANCIAL SUCCESS BY PROVIDING AND PROMOTING THE USE OF FINANCIAL SERVICES WHICH FEATURE BENEFITS AND ADVANTAGES OVER THOSE AVAILABLE FROM OTHER COMPETITIVE SOURCES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | DIVIDENDS AND INTEREST PAID TO MEMBERS ON APPROXIMATELY 41,247 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 19,262 MEMBERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIRECT LABOR AND EMPLOYEE BENEFIT COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACCOUNTS ACTIVITY AND PROVIDING ACCESS TO MEMBERS TO THEIR ACCOUNTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 4019 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 102 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK WINTZINGER | PersonNm |
| Phone | 5134208640 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3600 TOWNE BOULEVARD | AddressLine1Txt |
| City | MIDDLETOWN | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| JAMES MILES | ||||||
| CEO | 40.00 | Yes (X) | $370,740 | $0 | $26,021 | |
| RONALD HUIST | ||||||
| PRESIDENT & | 40.00 | Yes (X) | $281,965 | $0 | $31,993 | |
| MARK WINTZINGER | ||||||
| VP OF TECHNO | 40.00 | Yes (X) | $155,921 | $0 | $21,679 | |
| ALISA ZINK | ||||||
| EVP | 40.00 | Yes (X) | $147,330 | $0 | $18,571 | |
| KENDRICK WALKER | ||||||
| VP MARKETING | 40.00 | Yes (X) | $138,473 | $0 | $22,479 | |
| JENNIFER TUCKER | ||||||
| VP OF ADMINI | 40.00 | Yes (X) | $123,022 | $0 | $20,809 | |
| GARY CHRUSCIEL | ||||||
| VICE CHAIRPE | 1.00 | Yes (X) | $11,801 | $0 | $0 | Yes (X) |
| EMMANUEL D'SOUZA | ||||||
| CHAIRMAN | 1.00 | Yes (X) | $11,801 | $0 | $0 | Yes (X) |
| GERRY DALY | ||||||
| DIRECTOR | 1.00 | $11,801 | $0 | $0 | Yes (X) | |
| MAURICE EVANS | ||||||
| DIRECTOR | 1.00 | $11,801 | $0 | $0 | Yes (X) | |
| CHRISTINA MCELFRESH | ||||||
| SECRETARY | 1.00 | Yes (X) | $11,801 | $0 | $0 | Yes (X) |
| KYLE MCGLONE | ||||||
| DIRECTOR | 1.00 | $11,801 | $0 | $0 | Yes (X) | |
| CATHERINE MCMONIGLE | ||||||
| DIRECTOR | 1.00 | $11,801 | $0 | $0 | Yes (X) | |
| DELVEN PORTER | ||||||
| DIRECTOR | 1.00 | $11,801 | $0 | $0 | Yes (X) | |
| GEORGE DUNLAP | ||||||
| DIRECTOR | 1.00 | $2,950 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,314,809 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $141,552 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CU ANSWERS | |||||
| 6000 28TH STREET SE SUITE 100 | GRAND RAPIDS | MI | 49546 | DATA PROCESSING | $881,545 |
| ANTHEM BLUE CROSS BLUE SHIELD | |||||
| P O BOX 105673 | ATLANTA | GA | 30348 | HEALTH INS | $828,162 |
| FOUR SEASONS ENVIRONMENTAL | |||||
| 43 NEW GARVER RD | MONROE | OH | 45050 | OCCUPANCY | $330,013 |
| VISION MEDIA | |||||
| 2780 OLD STATE RTE 73 | WILMINGTON | OH | 45177 | CONSULTING | $251,737 |
| ATM SOLUTIONS INC | |||||
| 950 TAYLOR STATION RD SUITE A | COLUMBUS | OH | 43230 | ATM | $229,918 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST INCOME | 522100 | $10,611,446 | $10,611,446 | |
| OTHER OPERATING INCOME | 522100 | $2,119,658 | $2,119,658 | |
| FEES & COMMISSIONS | 522100 | $1,527,109 | $1,527,109 | |
| NON-MEMBER ATM FEES | 900099 | $105,092 | $105,092 | |
| MANAGEMENT AGREEMENT | 541610 | $70,000 | $70,000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,763 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,763 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,436,068 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,911,812 | TotalRevenueColumnAmt |
| Exclusion | $2,911,812 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,347,880 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,258,213 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $177,855 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,911,812 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,052,566 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,314,810 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,087,832 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,576 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,065,305 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,473 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,574 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,322 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $642,155 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $922,842 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,443,488 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $983,920 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,686 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,946 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,229 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,893 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ATM EXPENSES | $900,242 |
| PROVISION FOR LOAN LOSS | $800,502 |
| LOAN SERVICING | $592,383 |
| CORE DATA PROCESSING | $411,705 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,821 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,133,270 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,490,718 | BOYAmt |
| EOY | $1,673,925 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,165,189 | BOYAmt |
| EOY | $16,033,750 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,490,610 | BOYAmt |
| EOY | $195,095,725 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $20,319,317 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,370,703 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,209,359 | BOYAmt |
| EOY | $6,948,614 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,163,021 | BOYAmt |
| EOY | $84,966,125 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,626,274 | BOYAmt |
| EOY | $8,092,211 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,145,171 | BOYAmt |
| EOY | $312,810,350 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,621,106 | BOYAmt |
| EOY | $4,030,845 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,463,618 | BOYAmt |
| EOY | $269,400,447 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,084,724 | BOYAmt |
| EOY | $273,431,292 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,060,447 | BOYAmt |
| EOY | $39,379,058 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,060,447 | BOYAmt |
| EOY | $39,379,058 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,145,171 | BOYAmt |
| EOY | $312,810,350 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,214,610 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,043,339 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $60,662 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,177,900 | OtherCostOrOtherBasisAmt |
| Book Value | $1,177,900 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,297,984 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,803,129 | DepreciationAmt |
| Book Value | $5,494,855 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,843,433 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,567,574 | DepreciationAmt |
| Book Value | $275,859 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,948,614 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS | $77,133,001 | F |
| CERTIFICATES OF DEPOSIT | $2,966,000 | F |
| OTHER INVESTMENTS | $2,907,658 | C |
| CORP CREDIT UNION INVESTMENTS | $1,959,466 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $84,966,125 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SHARES | Desc |
| Amt | $269,400,447 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $269,400,447 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $17,347,880 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $17,347,880 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $17,347,880 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,133,270 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $15,133,270 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $15,133,270 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| JAMES MILES | ||||||
| CEO | $285,000 | $59,416 | $26,324 | $21,799 | $4,222 | $396,761 |
| RONALD HUIST | ||||||
| PRESIDENT & COO | $213,750 | $45,014 | $23,201 | $20,144 | $11,849 | $313,958 |
| MARK WINTZINGER | ||||||
| VP OF TECHNOLOGY | $128,938 | $16,213 | $10,770 | $11,098 | $10,581 | $177,600 |
| ALISA ZINK | ||||||
| EVP | $126,078 | $15,865 | $5,387 | $10,846 | $7,725 | $165,901 |
| KENDRICK WALKER | ||||||
| VP MARKETING | $118,739 | $14,970 | $4,764 | $10,633 | $11,846 | $160,952 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | THERE IS A SPLIT DOLLAR LIFE PLAN IN PLACE FOR JAMES MILES, THE CEO. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CREDIT UNION HAS APPROXIMATELY 19,262 MEMBER OWNERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. EACH MEMBER HAS ONE VOTE REGARDLESS OF THE BALANCE IN THEIR ACCOUNT. |
| FORM 990, PAGE 6, PART VI, LINE 7B | CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO MEMBER APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY BOTH THE CEO AND THE VP OF FINANCE PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE QUESTIONNAIRE AND POLICY ARE REAFFIRMED ANNUALLY. THE QUESTIONNAIRE IS GIVEN TO THE BOARD OF DIRECTORS AND ALL EMPLOYEES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD USES A THIRD PARTY CONSULTANT TO REVIEW COMPARABLE SALARIES. |
| FORM 990, PAGE 6, PART VI, LINE 15B | OTHER OFFICERS' COMPENSATION IS REVIEWED AND SET BY THE CEO ANNUALLY WITHIN A BUDGET SET BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9 | CECL ADJUSTMENT 60,662 |
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