CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1646635)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-10-19
IRS object ID: 202442939349300504
Schema version: 2023v5.1
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
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-10-19T12:03:51-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382492570	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOEREN MAYHEW	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	305 W BIG BEAVER ROAD	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	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	381646635	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ISABELLA COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ISAB	BusinessNameControlTxt
Phone	9897735927	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 427	AddressLine1Txt
City	MT PLEASANT	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48804	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JENNY HOYLE	PersonNm
Person Title	PRESIDENT/CEO	PersonTitleTxt
Phone	9897735927	PhoneNum
Signature	2024-08-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT PARKS	PreparerPersonNm
PTIN	P00740435	PTIN
Phone	2482443000	PhoneNum
Preparation	2024-08-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JENNY HOYLE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 427	AddressLine1Txt
City	MT PLEASANT	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48804	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,689,856	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.ICCUONLINE.COM	WebsiteAddressTxt
Type Of Organization Other	Yes (X)	TypeOfOrganizationOtherInd
Other Organization Dsc	CREDIT UNION	OtherOrganizationDsc
Formation	1958	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	61	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$34,804	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,965,739	PYProgramServiceRevenueAmt
CY Program Service Revenue	$8,265,167	CYProgramServiceRevenueAmt
PY Investment Income	$990,935	PYInvestmentIncomeAmt
CY Investment Income	$1,484,953	CYInvestmentIncomeAmt
PY Other Revenue	-$2,447	PYOtherRevenueAmt
CY Other Revenue	-$1,884	CYOtherRevenueAmt
PY Total Revenue	$7,954,227	PYTotalRevenueAmt
CY Total Revenue	$9,748,236	CYTotalRevenueAmt
PY Grants And Similar Paid	$45,186	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$44,154	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,776,576	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,327,128	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,518,166	PYOtherExpensesAmt
CY Other Expenses	$6,035,585	CYOtherExpensesAmt
PY Total Expenses	$6,339,928	PYTotalExpensesAmt
CY Total Expenses	$9,406,867	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,614,299	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$341,369	CYRevenuesLessExpensesAmt
Total Assets BOY	$184,759,950	TotalAssetsBOYAmt
Total Assets EOY	$191,665,027	TotalAssetsEOYAmt
Total Liabilities BOY	$170,962,930	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$176,807,774	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,797,020	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$14,857,253	NetAssetsOrFundBalancesEOYAmt
Mission	BUILDING LIFETIME MEMBER RELATIONSHIPS AS A TRUSTED FINANCIAL PARTNER.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE 13,389 MEMBERS WITH REGULAR SAVINGS, SHARE DRAFTS, CERTIFICATES OF DEPOSIT, IRA, CLUB, HEALTH SAVINGS, AND MONEY MARKET ACCOUNTS WITH AGGREGATE DEPOSIT BALANCES THAT APPROXIMATED $174,386,000 AS OF DECEMBER 31, 2023.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	PROVIDE 8,251 LOANS INCLUDING MORTGAGES, BUSINESS, HOME EQUITY, CREDIT CARDS, SHARE SECURED, VEHICLE, AND LINE OF CREDIT LOANS WITH AGGREGATE LOAN BALANCES THAT APPROXIMATED $110,317,000 AS OF DECEMBER 31, 2023.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	OFFER BILL PAYMENT, COURTESY PAYMENT, AUTOMATED TELLER MACHINES, MONEY ORDERS, WIRE TRANSFERS, DEBIT CARDS, REMOTE DEPOSIT CAPTURE, ONLINE MOBILE BANKING AND VARIOUS INSURANCE PROGRAMS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3848	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	61	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	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	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ISABELLA COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9897735927	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2400 SOUTH ISABELLA ROAD	AddressLine1Txt
City	MT PLEASANT	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48858	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
TINA POWELL
CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
JASON KENNEY
VICE CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
ROBERT DENSLOW
SECRETARY	1.00	Yes (X)	$0	$0	$0
CHAD SCHAFER
TREASURER	1.00	Yes (X)	$0	$0	$0
MICHAEL METRO
DIRECTOR	1.00	Yes (X)	$0	$0	$0
AMANDA SCHAFER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
KEVIN CHAMBERLAIN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
EMMA LATOSKI
DIRECTOR	1.00	Yes (X)	$0	$0	$0
ROBIN WYBENGA
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JENNIFER HOYLE
PRESIDENT/CEO	40.00		$191,959	$0	$44,744	Yes (X)
SUE LILLICH
CFO	40.00		$108,090	$0	$22,082	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$300,049	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$66,826	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CU COOP SYSTEMS
9692 HAVENS AVE	RANCHO CUCAMONGA	CA	91730	DEBIT/ATM PROCESSOR	$419,721
MASTERCARD
2000 PURCHASE ST	PURCHASE	NY	10577	DEBIT/CREDIT CARD	$359,749
CUANSWERS
600 28TH STREET SUITE 100	GRAND RAPIDS	MI	49546	DATA PROCESSING	$196,552

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST INCOME	522100	$5,456,999	$5,456,999
FEE AND OTHER INCOME	522100	$2,773,364	$2,773,364
FINANCE AND INSURANCE	520000	$34,804		$34,804

Field	Value	IRS element (for citing)
Total Program Service Revenue	$8,265,167	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,485,665	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,485,665	RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$43,667	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$45,551	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$1,884	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,884	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$1,884	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$888,507	SecuritiesAmt
Other	$6,850	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$896,069	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$7,562	SecuritiesAmt
Other	$6,850	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$712	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$712	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,748,236	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,713,432	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$34,804	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$44,154	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$366,875	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,124,922	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$189,102	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$453,430	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$192,799	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$49,153	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$46,412	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$807,508	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$198,185	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$355,600	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$419,721	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$225,681	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,802	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$125,876	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,117,887	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$417,682	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$62,135	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN SERVICING	$520,871
PROVISION FOR LOAN LOSS	$515,048
MISCELLANEOUS EXPENSE	$124,523
EXAMINATION FEE	$30,564

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,937	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,406,867	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,255,251	BOYAmt
EOY	$1,949,626	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$5,303,372	BOYAmt
EOY	$10,155,820	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$102,536,273	BOYAmt
EOY	$109,779,111	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$244,865	BOYAmt
EOY	$164,015	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,232,499	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,449,680	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,410,888	BOYAmt
EOY	$3,782,819	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$59,616,286	BOYAmt
EOY	$54,236,345	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$5,563,074	BOYAmt
EOY	$5,385,006	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,829,941	BOYAmt
EOY	$6,212,285	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$184,759,950	BOYAmt
EOY	$191,665,027	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,845,589	BOYAmt
EOY	$2,421,888	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$169,117,341	BOYAmt
EOY	$174,385,886	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$170,962,930	BOYAmt
EOY	$176,807,774	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$13,797,020	BOYAmt
EOY	$14,857,253	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,797,020	BOYAmt
EOY	$14,857,253	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$184,759,950	BOYAmt
EOY	$191,665,027	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$341,369	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$925,050	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$206,186	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$865,078	OtherCostOrOtherBasisAmt
Book Value	$865,078	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,116,025	OtherCostOrOtherBasisAmt
Depreciation	$645,711	DepreciationAmt
Book Value	$2,470,314	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,251,396	OtherCostOrOtherBasisAmt
Depreciation	$803,969	DepreciationAmt
Book Value	$447,427	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,782,819	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (11 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
FEDERAL AGENCY SECURITIES (AFS)	$3,169,755	F
CERTIFICATES OF DEPOSIT (AFS)	$23,701,625	F
CO-OP NETWORK STOCK	$100	C
CU*ANSWERS INVESTMENT	$144,000	C
CERTIFICATES OF DEPOSIT	$11,858,000	C
CERTIFICATES OF DEPOSIT (HTM)	$5,613,000	C
MBS	$7,789,740	F
CMOS	$1,285,761	F
TREASURY SECURITIES	$471,405	F
INVESTMENT IN CUSO_X-TEND	$53,000	C
CU SOLUTIONS INVESTMENT	$149,959	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$54,236,345	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES AND DEPOSITS	Desc
Amt	$174,385,886	Amt

Field	Value	IRS element (for citing)
Total Liability	$174,385,886	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$9,793,787	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$9,793,787	RevenueSubtotalAmt
Other Revenues Not Included	-$45,551	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$45,551	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$9,748,236	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$9,452,418	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$45,551	OtherExpensesIncludedAmt
Expenses Not Reported	$45,551	ExpensesNotReportedAmt
Expenses Subtotal	$9,406,867	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$9,406,867	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL INCOME TAX.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RENTAL EXPENSE IS REPORTED AS A REDUCTION OF RENTAL REVENUE IN THE STATEMENT OF REVENUE WITHIN FORM 990, BUT INCLUDED IN EXPENSES WITHIN THE AUDITED FINANCIAL STATEMENTS. -45,551.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSE IS REPORTED AS A REDUCTION OF RENTAL REVENUE IN THE STATEMEN STATEMENT OF REVENUE WITHIN FORM 990, BUT INCLUDED IN EXPENSES WITHIN THE AUDITED FINANCIAL STATEMENTS. 45,551.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	JENNIFER HOYLE	PersonNm
Title	PRESIDENT/CEO	TitleTxt
Base Compensation Filing Org	$191,959	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$17,116	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$27,628	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$236,703	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4B	FormAndLineReferenceDesc
Explanation	JENNY HOYLE, PRESIDENT/CEO ENTERED INTO A 457(F) NON-QUALIFIED PLAN EFFECTIVE DECEMBER 12, 2019. THE CREDIT UNION IS THE SOLE OWNER OF AN ANNUITY WILL BE USED TO FINANCE THE COST OF PROVIDING THE FUTURE BENEFIT TO THE EXECUTIVE. THE CREDIT UNION FUNDED THE ANNUITY WITH AN INITIAL INVESTMENT OF $750,000 WITH AN ADDITIONAL AMOUNT OF $150,000 PER YEAR FOR THE NEXT FIVE CONSECUTIVE YEARS. PAYOUTS OF THE BENEFIT IN AN AMOUNT EQUAL TO 100% OF THE EARNINGS ARE SCHEDULED FOR SEPTEMBER 25, 2025 AND SEPTEMBER 25, 2030. CUMULATIVE EARNINGS RECORDED TO THE BENEFIT PAYABLE SINCE PLAN INCEPTION EQUATED $107,920 AS OF DECEMBER 31, 2023.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	ALISHA CHAMBERLAIN	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	CREDIT UNION EMPLOYEE AND DAUGHTER OF A CREDIT UNION BOARD MEMBER	RelationshipDescriptionTxt
Transaction	$39,867	TransactionAmt
Transaction	COMPENSATION	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING.
FORM 990, PART VI, SECTION A, LINE 7A	THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. EACH BOARD MEMBER IS ELECTED FOR A THREE YEAR TERM. TERMS ARE STAGGERED SO THEY EXPIRE ON ALTERNATING YEARS.
FORM 990, PART VI, SECTION A, LINE 7B	CREDIT UNION DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE MERGERS INTO ANOTHER CREDIT UNION.
FORM 990, PART VI, SECTION B, LINE 11B	A REVIEW IS CONDUCTED BY THE CFO AND PRESIDENT/CEO PRIOR TO SUBMISSION TO THE IRS. SUBSEQUENT TO FILING, THE BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF THE 990 RETURNS SUBMITTED.
FORM 990, PART VI, SECTION B, LINE 12C	SELECT CREDIT UNION STAFF MEMBERS MONITOR AND REVIEW SPECIFIC REPORTS FOR EMPLOYEE AND BOARD OF DIRECTOR ACTIVITY.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF DIRECTORS APPOINT A THREE PERSON COMMITTEE. THE COMMITTEE IS RESPONSIBLE FOR COMPILING INPUT FROM THE OTHER BOARD OF DIRECTOR MEMBERS AND COMPLETE AN EVALUATION OF THE PRESIDENT/CEO. THE BOARD OF DIRECTORS USE SALARY SURVEYS AND PEER REVIEWS TO DETERMINE SALARY LEVELS. SALARY INCREASES ARE BASED ON OVERALL PERFORMANCE. THE PRESIDENT/CEO PERFORMS AN ANNUAL EVALUATION OF THE CFO, VP OF LENDING, AND HR/COMPLIANCE. SALARIES ARE DETERMINED BASED ON BUDGET REVIEW AND GIVEN TO THE BOARD OF DIRECTORS FOR APPROVAL. SALARY INCREASES ARE BASED ON OVERALL PERFORMANCE. PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY ON EACH EMPLOYEE'S ANNIVERSARY DATE.
FORM 990, PART VI, SECTION C, LINE 19	MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION LOBBY. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST.
FORM 990, PART IX, LINE 11G	OTHER PROFESSIONAL SERVICES 807,508.
FORM 990, PART IX, LINE 24E	ASSOCIATION DUES 13,937.
FORM 990, PART XI, LINE 9:	CUMULATIVE CHANGE IN ACCOUNTING PRINCIPLE -206,186.
FORM 990, PART XII, LINE 2C	THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.