INTERRA CREDIT UNION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- INTERRA CREDIT UNION (EIN 35-1082578)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202503169349302830
- Schema version
- 2024v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T09:54:14+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 E Wayne Street Suite 600 | AddressLine1Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351082578 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Interra Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INTE | BusinessNameControlTxt |
| Phone | 5745342506 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 727 | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465270727 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY SINK | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 5745342506 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
| Preparation | 2025-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMY SINK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 727 | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465270727 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $110,651,659 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.INTERRACU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1932 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | COOPERATIVE FINANCIAL INSTITUTION WITH A MISSION TO BE OUR MEMBERS' MOST TRUSTED AND VALUED FINANCIAL RESOURCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 381 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $585,186 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $318,911 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $89,436,671 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $101,348,902 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,299,257 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,302,757 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $94,735,928 | PYTotalRevenueAmt |
| CY Total Revenue | $110,651,659 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $249,328 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $307,968 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $20,269,960 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $36,227,481 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $30,791,077 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $33,339,257 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,106,368 | PYOtherExpensesAmt |
| CY Other Expenses | $36,493,550 | CYOtherExpensesAmt |
| PY Total Expenses | $89,416,733 | PYTotalExpensesAmt |
| CY Total Expenses | $106,368,256 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,319,195 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,283,403 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,789,697,665 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,889,737,584 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $204,476,604 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $173,048,972 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,585,221,061 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,716,688,612 | NetAssetsOrFundBalancesEOYAmt |
| Mission | COOPERATIVE FINANCIAL INSTITUTION WITH A MISSION TO BE OUR MEMBERS' MOST TRUSTED AND VALUED FINANCIAL RESOURCE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | NUMBER OF MEMBERS SERVED FOR LOANS WAS 46,097 IN THE AMOUNT OF $1,566,549,089 AND NUMBER OF MEMBERS SERVED FOR SAVINGS WAS 88,149 IN THE AMOUNT OF $1,567,900,659. | Desc |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| 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 | false | 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 | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| 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 | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 28590 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 381 | 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 | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | 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 |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES HENNING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5745342506 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 W LINCOLN AVENUE | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| BRUCE STAHLY | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $18,000 | $0 | $0 | |||
| CARL STOLTZFUS | |||||||||
| TREASURER | 1.0 | 0.0 | Yes (X) | $20,000 | $0 | $0 | |||
| CARMEN SNIDER | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $18,000 | $0 | $0 | |||
| DARIN SHORT | |||||||||
| SUPERVISORY COMMITTEE | 1.0 | 0.0 | Yes (X) | $6,000 | $0 | $0 | |||
| DOUG NISLEY | |||||||||
| ASSOCIATE DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| GINA LEICHTY | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $18,000 | $0 | $0 | |||
| JODY SPATARO | |||||||||
| ASSOCIATE DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| LAURI NAFZIGER | |||||||||
| ASSOCIATE DIRECTOR | 1.0 | 0.0 | Yes (X) | $9,000 | $0 | $0 | |||
| MICHELLE ADAMS | |||||||||
| SUPERVISORY COMMITTEE | 1.0 | 0.0 | Yes (X) | $6,000 | $0 | $0 | |||
| RANDY ZIMMERLY | |||||||||
| SECRETARY | 1.0 | 0.0 | Yes (X) | $20,000 | $0 | $0 | |||
| SUSAN CRIPE | |||||||||
| SUPERVISORY COMMITTEE | 1.0 | 0.0 | Yes (X) | $6,000 | $0 | $0 | |||
| TIM YODER | |||||||||
| CHAIRMAN | 1.0 | 0.0 | Yes (X) | $30,000 | $0 | $0 | |||
| VINCE BEASLEY | |||||||||
| VICE CHAIRMAN | 1.0 | 0.0 | Yes (X) | $20,000 | $0 | $0 | |||
| AMY SINK | |||||||||
| PRESIDENT / CEO | 40.0 | 0.0 | $982,192 | $0 | $503,650 | Yes (X) | |||
| ANDY MARSHALL | |||||||||
| EVP COO | 40.0 | 0.0 | $453,958 | $0 | $123,479 | Yes (X) | |||
| DAVID BIRKY | |||||||||
| CSO | 40.0 | 0.0 | $304,905 | $0 | $84,354 | Yes (X) | |||
| JIM HENNING | |||||||||
| CFO | 40.0 | 0.0 | $332,711 | $0 | $103,208 | Yes (X) | |||
| PHIL WIENS | |||||||||
| CLO | 40.0 | 0.0 | $307,612 | $0 | $90,269 | Yes (X) | |||
| DAVID DEKKER | |||||||||
| HEAD OF CONSUMER SERVICES | 40.0 | 0.0 | $212,192 | $0 | $26,744 | Yes (X) | |||
| JOEL RICHARD | |||||||||
| CHIEF MEMBER EXPERIENCE OFFICER | 40.0 | 0.0 | $220,819 | $0 | $22,676 | Yes (X) | |||
| JOHN POTTER | |||||||||
| HEAD OF MORTGAGE SERVICES (LEFT 11/19) | 40.0 | 0.0 | $240,435 | $0 | $28,436 | Yes (X) | |||
| LAURA MILLER | |||||||||
| HEAD OF HUMAN RESOURCES (LEFT 11/22) | 40.0 | 0.0 | $438,121 | $0 | $26,177 | Yes (X) | |||
| MICHAEL BLOSSER | |||||||||
| HEAD OF COMMERCIAL SERVICES | 40.0 | 0.0 | $235,092 | $0 | $11,081 | Yes (X) | |||
| ANGELA PLETCHER | |||||||||
| HEAD OF ENTERPRISE RISK MGMT | 40.0 | 0.0 | $193,668 | $0 | $24,547 | Yes (X) | |||
| DANIEL CARROLL | |||||||||
| HEAD OF CREDIT ADMINISTRATION | 40.0 | 0.0 | $211,367 | $0 | $22,357 | Yes (X) | |||
| JASON GOLDEN | |||||||||
| AGRIBUSINESS LENDER IV | 40.0 | 0.0 | $190,413 | $0 | $23,631 | Yes (X) | |||
| JENNIFER KLEIN | |||||||||
| HEAD OF FINANCE & DEPOSIT OPERATIONS (LEFT 7/10) | 40.0 | 0.0 | $213,303 | $0 | $9,687 | Yes (X) | |||
| RANDY LEHMAN | |||||||||
| MANAGER OF COMMERCIAL LENDING | 40.0 | 0.0 | $192,647 | $0 | $18,902 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,900,435 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,119,198 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 58 | 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 |
|---|---|---|---|---|---|
| PSCU Financial Services Valera | |||||
| 560 Carillon Parkway | St Petersburg | FL | 33716 | Credit / Debit Card Products | $3,581,666 |
| Aunalytics | |||||
| 460 Stull Street Suite 200 | South Bend | IN | 46601 | Bus. Info Services | $1,344,187 |
| Lumin Digital | |||||
| 3001 Bishop Dr Suite 110 | San Ramon | CA | 94583 | Web Services / Programming | $1,241,616 |
| CDW Direct LLC | |||||
| PO Box 75723 | Chicago | IL | 606755723 | Computer Hardware / Software | $680,129 |
| CU Posh Technologies | |||||
| 33 Arch Street Ste 1700 | Boston | MA | 02110 | Web / Voice Services / Programming | $648,442 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 19 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522130 | $82,411,969 | $82,411,969 | |
| FEE INCOME | 522130 | $17,563,316 | $16,979,497 | $583,819 |
| OTHER INCOME | 522130 | $1,373,617 | $1,372,250 | $1,367 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $101,348,902 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,724,901 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,724,901 | RelatedOrExemptFuncIncomeAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $577,856 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $577,856 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $577,856 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $577,856 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $110,651,659 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $110,066,473 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $585,186 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,968 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,227,481 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,160,588 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,055,662 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,019,500 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,356,155 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,747,352 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,496 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,565 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,350,045 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,348,961 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,007,219 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,050 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,608,496 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,843,281 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,196 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ATM CARD EXPENSES | $4,318,842 |
| ALL - PROVISIONS | $3,909,174 |
| MISCELLANEOUS | $2,686,915 |
| LOAN EXPENSES | $3,214,310 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,368,256 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,860,148 | BOYAmt |
| EOY | $23,128,622 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,730,331 | BOYAmt |
| EOY | $43,783,014 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,649,762 | BOYAmt |
| EOY | $3,114,274 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,391,782,341 | BOYAmt |
| EOY | $1,554,646,425 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,980 | BOYAmt |
| EOY | $155,055 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,010,286 | BOYAmt |
| EOY | $3,681,048 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $42,194,378 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,494,539 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,472,418 | BOYAmt |
| EOY | $21,699,839 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,458,798 | BOYAmt |
| EOY | $212,929,839 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,683,572 | BOYAmt |
| EOY | $12,100,205 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,216,902 | BOYAmt |
| EOY | $5,347,158 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,674,127 | BOYAmt |
| EOY | $9,152,105 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,789,697,665 | BOYAmt |
| EOY | $1,889,737,584 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,552,810 | BOYAmt |
| EOY | $9,688,827 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,000,000 | BOYAmt |
| EOY | $151,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,923,794 | BOYAmt |
| EOY | $12,360,145 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,476,604 | BOYAmt |
| EOY | $173,048,972 | 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 | $1,445,661,771 | BOYAmt |
| EOY | $1,568,146,399 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,380,310 | BOYAmt |
| EOY | $99,480,941 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,178,980 | BOYAmt |
| EOY | $49,061,272 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,585,221,061 | BOYAmt |
| EOY | $1,716,688,612 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,789,697,665 | BOYAmt |
| EOY | $1,889,737,584 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,283,403 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,699,530 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $122,484,618 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,520,762 | OtherCostOrOtherBasisAmt |
| Book Value | $3,520,762 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,798,114 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,536,789 | DepreciationAmt |
| Book Value | $15,261,325 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,875,502 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,957,750 | DepreciationAmt |
| Book Value | $2,917,752 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,699,839 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| CLEARING ACCOUNTS | $12,360,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,360,145 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $115,351,189 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,699,530 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $4,699,530 | RevenueNotReportedAmt |
| Revenue Subtotal | $110,651,659 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $110,651,659 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $106,368,256 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $106,368,256 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $106,368,256 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 | FormAndLineReferenceDesc |
| Explanation | INCOME TAX IN THE CONSOLIDATED STATEMENTS OF INCOME INCLUDE INDIANA FRANCHISE TAX. THE CREDIT UINON IS EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES EXCEPT FOR UNRELATED BUSINESS INCOME TAX. MEMBERS FINANCIAL MANAGEMENT CENTER INC. IS, HOWEVER, SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION AND MEMBERS FINANCIAL MANAGEMENT CENTER, INC. FILE INCOME TAX RETURNS IN THE U.S. FEDERAL AND INDIANA JURISDICTIONS. WITH A FEW EXCEPTIONS, THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR CALENDAR YEARS BEFORE 2021. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| INTERRA CARES FOUNDATION | |||||||
| 300 W LINCOLN AVE | GOSHEN | IN | 46526 | 823816459 | 501(C)(3) | $285,468 | SUPPORT |
| NATIONAL CREDIT UNION FOUNDATION | |||||||
| 5710 MINERAL POINT ROAD | MADISON | WI | 53705 | 391383650 | 501(C)(3) | $22,500 | SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | FUNDS WILL BE PROVIDED TO, AND FOR THE BENEFIT OF, INTERRA CARES FOUNDATION AND NATIONAL CREDIT UNION FOUNDATION. THE FUNDS ARE TO SUPPORT THE OPERATIONS OF THE FOUNDATIONS, AND IN TURN THE FOUNDATIONS DISBURSE FUNDS INTO THE COMMUNITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMY SINK | ||||||||||||||
| PRESIDENT / CEO | $632,503 | $0 | $0 | $0 | $349,689 | $0 | $487,055 | $0 | $16,595 | $0 | $1,485,842 | $0 | $349,689 | $0 |
| ANDY MARSHALL | ||||||||||||||
| EVP COO | $453,958 | $0 | $0 | $0 | $0 | $0 | $101,055 | $0 | $22,424 | $0 | $577,437 | $0 | $0 | $0 |
| DAVID BIRKY | ||||||||||||||
| CSO | $304,905 | $0 | $0 | $0 | $0 | $0 | $69,981 | $0 | $14,373 | $0 | $389,259 | $0 | $0 | $0 |
| JIM HENNING | ||||||||||||||
| CFO | $332,711 | $0 | $0 | $0 | $0 | $0 | $77,479 | $0 | $25,729 | $0 | $435,919 | $0 | $0 | $0 |
| PHIL WIENS | ||||||||||||||
| CLO | $307,612 | $0 | $0 | $0 | $0 | $0 | $69,585 | $0 | $20,684 | $0 | $397,881 | $0 | $0 | $0 |
| DAVID DEKKER | ||||||||||||||
| HEAD OF CONSUMER SERVICES | $212,192 | $0 | $0 | $0 | $0 | $0 | $6,778 | $0 | $19,966 | $0 | $238,936 | $0 | $0 | $0 |
| JOHN POTTER | ||||||||||||||
| HEAD OF MORTGAGE SERVICES (LEFT 11/19) | $179,101 | $0 | $61,334 | $0 | $0 | $0 | $6,519 | $0 | $21,917 | $0 | $268,871 | $0 | $0 | $0 |
| LAURA MILLER | ||||||||||||||
| HEAD OF HUMAN RESOURCES (LEFT 11/22) | $222,756 | $0 | $25,043 | $0 | $190,322 | $0 | $6,384 | $0 | $19,793 | $0 | $464,298 | $0 | $0 | $0 |
| MICHAEL BLOSSER | ||||||||||||||
| HEAD OF COMMERCIAL SERVICES | $235,092 | $0 | $0 | $0 | $0 | $0 | $8,181 | $0 | $2,900 | $0 | $246,173 | $0 | $0 | $0 |
| JOEL RICHARD | ||||||||||||||
| CHIEF MEMBER EXPERIENCE OFFICER | $220,819 | $0 | $0 | $0 | $0 | $0 | $7,974 | $0 | $14,702 | $0 | $243,495 | $0 | $0 | $0 |
| DANIEL CARROLL | ||||||||||||||
| HEAD OF CREDIT ADMINISTRATION | $211,367 | $0 | $0 | $0 | $0 | $0 | $6,713 | $0 | $15,644 | $0 | $233,724 | $0 | $0 | $0 |
| ANGELA PLETCHER | ||||||||||||||
| HEAD OF ENTERPRISE RISK MGMT | $193,668 | $0 | $0 | $0 | $0 | $0 | $6,938 | $0 | $17,609 | $0 | $218,215 | $0 | $0 | $0 |
| JENNIFER KLEIN | ||||||||||||||
| HEAD OF FINANCE & DEPOSIT OPERATIONS (LEFT 7/10) | $113,234 | $0 | $0 | $0 | $100,069 | $0 | $3,976 | $0 | $5,711 | $0 | $222,990 | $0 | $0 | $0 |
| JASON GOLDEN | ||||||||||||||
| AGRIBUSINESS LENDER IV | $157,691 | $0 | $32,722 | $0 | $0 | $0 | $5,851 | $0 | $17,780 | $0 | $214,044 | $0 | $0 | $0 |
| RANDY LEHMAN | ||||||||||||||
| MANAGER OF COMMERCIAL LENDING | $164,712 | $0 | $27,935 | $0 | $0 | $0 | $4,599 | $0 | $14,303 | $0 | $211,549 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 4a Severance or change-of-control payment | LAURA MILLER - SEVERANCE PAYMENT OF $190,322 JENNIFER KLEIN - SEVERANCE PAYMENT OF $100,069 |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | THE PRESIDENT/CEO, CHIEF OPERATING OFFICER, CHIEF STRATEGY OFFICER, CHIEF FINANCIAL OFFICER AND CHIEF LENDING OFFICER PARTICIPATE IN A NON QUALIFIED SERP PLAN THAT PAYS OUT UPON RETIREMENT AND HAS SUBSTANTIAL RISK OF FORFEITURE. CONTRIBUTIONS TO THE PLAN ARE REPORTED AS THEY ARE ACCRUED. IN 2024, PAYOUTS FROM THE PLAN WERE AS FOLLOWS: AMY SINK $ 349,689 IN 2024, CONTRIBUTIONS TO THE PLAN WERE AS FOLLOWS: AMY SINK $ 477,255 ANDY MARSHALL $ 91,255 DAVID BIRKY $ 60,181 JIM HENNING $ 67,679 PHIL WIENS $ 62,154 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6 Classes of members or stockholders | INTERRA CREDIT UNION IS OWNED BY ITS MEMBERS. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | INTERRA CREDIT UNION IS OWNED BY ITS MEMBERS. BOARD MEMBERS AND SUPERVISORY COMMITTEE MEMBERS ARE ELECTED BY THE CREDIT UNION'S MEMBERS. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | WHEN REQUIRED BY STATE LAWS AND OUR BYLAWS, MEMBERS DO VOTE TO APPROVE DECISIONS OF THE BOARD OF DIRECTORS. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | FORM 990 IS REVIEWED BY THE CREDIT UNION'S CHIEF FINANCIAL OFFICER AND A COPY IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE ORGANIZATION REQUIRES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM TO BE COMPLETED BY THE BOARD OF DIRECTORS AND REVIEWED DURING AN ANNUAL MEETING WITH THE BOARD AND GOVERNANCE COMMITTEE. ANY ARRANGEMENT THAT PLACES A BOARD MEMBERS' INTEREST ABOVE THOSE OF INTERRA IS IMPERMISSIBLE. IF A MAJORITY OF THE BOARD BELIEVES THERE IS A CONFLICT, THE CHAIR WILL REQUEST THE BOARD MEMBER TO RECUSE HIM OR HERSELF FROM THE DISCUSSION AND DECISION OF THE CONFLICT. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | JANUARY 2023 - THE BOARD REVIEWS COMPENSATION RECOMMENDATIONS ANNUALLY FROM AN INDEPENDENT CONSULTANT AND INDUSTRY COMPARISONS TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO AND OTHER OFFICERS. |
| Form 990, Part VI, Line 19 Required documents available to the public | FINANCIAL STATEMENTS AND OUR ANNUAL REPORT ARE PROVIDED AT OUR ANNUAL MEMBERS' MEETING AND ON OUR WEBSITE. OTHER REPORTS SUCH AS THE 990 ARE AVAILABLE UPON REQUEST. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | MEMBER DEPOSITS - XXX-XX-XXXX; Total - XXX-XX-XXXX; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTERRA CARES FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 W LINCOLN AVE | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46526 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 823816459 | EIN |
| Primary Activities | FINANCIAL EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEMBERS FINANCIAL MANAGEMENT CENTER INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 727 | AddressLine1Txt |
| City | GOSHEN | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46527 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351768194 | EIN |
| Primary Activities | FINANCIAL PRO | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTERRA CU | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corporation | EntityTypeTxt |
| Share Of Total Income | $1,019 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $245,740 | ShareOfEOYAssetsAmt |
| Ownership | 1.00 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Comments