DEER RIVER COOPERATIVE CREDIT UNION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- DEER RIVER COOPERATIVE CREDIT UNION (EIN 41-0216120)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-06
- IRS object ID
- 201521269349300037
- Schema version
- 2014v5.0
- 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 | 2015-05-06T10:50:00-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410216120 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEER RIVER COOPERATIVE CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEER | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 158 | AddressLine1Txt |
| City | DEER RIVER | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56636 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY GOGGLEYE | PersonNm |
| Person Title | PRES | PersonTitleTxt |
| Phone | 2182468777 | PhoneNum |
| Signature | 2015-05-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | MARY GOGGLEYE | PrincipalOfficerNm |
| Gross Receipts | $475,256 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (true) | AllAffiliatesIncludedInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | DRCCU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | MEET OUR MEMBERS FINANCIAL NEEDS | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $2,438 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $378,379 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $424,125 | CYProgramServiceRevenueAmt |
| PY Investment Income | $53,115 | PYInvestmentIncomeAmt |
| CY Investment Income | $51,132 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $431,494 | PYTotalRevenueAmt |
| CY Total Revenue | $475,257 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $21,546 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $10,535 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $245,439 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $252,832 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $180,944 | PYOtherExpensesAmt |
| CY Other Expenses | $183,558 | CYOtherExpensesAmt |
| PY Total Expenses | $447,929 | PYTotalExpensesAmt |
| CY Total Expenses | $446,925 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$16,435 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $28,332 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,273,170 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,222,334 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,151,609 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,072,441 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,121,561 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,149,893 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO SERIVE MEMBERS OF THE COMMUNITY FOR THEIR FINANCIAL NEEDS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Activity | 522130 | ActivityCd |
| Expense | $10,535 | ExpenseAmt |
| Desc | IRA'S 1026.15 SHARES 5121.72 CHECKING 334.60 CERTIFICATES 2174.73 IRA CERTIFICATES 123.61 ANNUAL MEETING 1754.33 | Desc |
| Total Program Service Expenses | $10,535 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| 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 | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | false | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Governing Body Voting Members | 5 | 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 | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY GOGGLEYE | PersonNm |
| Phone | 2182468777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 158 | AddressLine1Txt |
| City | DEER RIVER | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56636 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|
| BARBARA GUNDERSON | ||||||
| BOARD MEMBER | 1 | Yes (X) | $180 | $0 | $10 | |
| CHARLES ISAACS | ||||||
| BOARD CHAIR | 1 | Yes (X) | $320 | $0 | $126 | |
| LARRY NIXON | ||||||
| BOARD MEMBER | 1 | Yes (X) | $260 | $0 | $19 | |
| MICHAEL NYNAS | ||||||
| BOARD MEMBER | 1 | Yes (X) | $310 | $0 | $66 | |
| NICOLE OSSE | ||||||
| BOARD MEMBER | 1 | Yes (X) | $320 | $0 | $55 | |
| VICTOR WILLIAMS | ||||||
| SUPERVISORY COMM | 1 | Yes (X) | $420 | $0 | $63 | |
| MAUREEN REUTER | ||||||
| SUPERVISORY COMM | 1 | Yes (X) | $550 | $0 | $62 | |
| PATRICIA OELKERS | ||||||
| SUPERVISORY COMM | 1 | Yes (X) | $470 | $0 | $24 | |
| JOHN OBRIEN | ||||||
| PRESIDENT | 24 | $23,357 | $0 | $0 | Yes (X) | |
| MARY GOGGLEYE | ||||||
| PRESIDENT | 40 | $31,470 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $57,657 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $425 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NA | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522130 | $338,225 | $338,225 | |
| SHARE DRAFT FEES | 522130 | $81,801 | $81,801 | |
| MISC OPERATING REV | $4,099 | $1,660 | $2,438 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $424,125 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,132 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,132 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $475,257 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $472,818 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,438 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,535 | TotalAmt |
| Program Services | $10,535 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,657 | TotalAmt |
| Program Services | $57,657 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,253 | TotalAmt |
| Program Services | $108,253 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,195 | TotalAmt |
| Program Services | $9,195 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,508 | TotalAmt |
| Program Services | $64,508 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,219 | TotalAmt |
| Program Services | $13,219 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$1,148 | TotalAmt |
| Program Services | -$1,148 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,173 | TotalAmt |
| Program Services | $7,173 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,739 | TotalAmt |
| Program Services | $6,739 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,249 | TotalAmt |
| Program Services | $78,249 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,041 | TotalAmt |
| Program Services | $33,041 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,440 | TotalAmt |
| Program Services | $22,440 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $548 | TotalAmt |
| Program Services | $548 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200 | TotalAmt |
| Program Services | $200 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31 | TotalAmt |
| Program Services | $31 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,240 | TotalAmt |
| Program Services | $16,240 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,717 | TotalAmt |
| Program Services | $15,717 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| LEAGUE DUES | $4,782 | $4,782 |
| MISC EXPENSE | -$454 | -$454 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,925 | TotalAmt |
| Program Services | $446,925 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,374 | BOYAmt |
| EOY | $365,228 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,951,170 | BOYAmt |
| EOY | $6,818,074 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,620 | BOYAmt |
| EOY | $291,859 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,129,496 | BOYAmt |
| EOY | $6,848,180 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,551 | BOYAmt |
| EOY | $25,318 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $341,754 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $72,799 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,538 | BOYAmt |
| EOY | $268,955 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,421 | BOYAmt |
| EOY | $604,720 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,273,170 | BOYAmt |
| EOY | $15,222,334 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,908 | BOYAmt |
| EOY | $52,748 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,115,701 | BOYAmt |
| EOY | $14,019,693 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,151,609 | BOYAmt |
| EOY | $14,072,441 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,121,561 | BOYAmt |
| EOY | $1,149,893 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,121,561 | BOYAmt |
| EOY | $1,149,893 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,273,170 | BOYAmt |
| EOY | $15,222,334 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $28,332 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $48,032 | InvestmentCostOrOtherBasisAmt |
| Book Value | $48,032 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $305,918 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $47,554 | DepreciationAmt |
| Book Value | $210,333 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $35,835 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $25,246 | DepreciationAmt |
| Book Value | $10,590 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $268,955 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OUTSTANDING LOANS TO EMPLOYEES | $154,631 |
| ACCD INTEREST ON INVESTMENTS | $2,155 |
| ACCD INTEREST ON LOANS | $21,852 |
| CORPORATE OWNED LIFE INSURANCE | $426,082 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $604,720 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| SAVINGS | $8,996,040 |
| CHECKING | $3,538,638 |
| IRA'S | $509,984 |
| CERTIFICATES OF DEPOSITS | $938,894 |
| IRA CERTIFICATES OF DEPOSITS | $36,137 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,019,693 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NA | PersonNm |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (19 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| VICTOR WILLIAMS | |||||||
| SUPERVISORY COMMITTEE | BOAT LOAN | Yes (X) | $9,169 | $5,108 | false | Yes (true) | Yes (true) |
| VICTOR WILLIAMS | |||||||
| SUPERVISORY COMMITTEE | SIGNATURE | Yes (X) | $2,500 | $2,500 | false | Yes (true) | Yes (true) |
| VICTOR WILLIAMS | |||||||
| SUPERVISORY COMMITTEE | SIGNATURE | Yes (X) | $500 | $500 | false | Yes (true) | Yes (true) |
| LARRY NIXON | |||||||
| BOARD MEMBER | VEHICLE | Yes (X) | $18,600 | $7,764 | false | Yes (true) | Yes (true) |
| LARRY NIXON | |||||||
| BOARD MEMBER | CAMPER | Yes (X) | $3,800 | $2,177 | false | Yes (true) | Yes (true) |
| CHARLES ISAACS | |||||||
| BOARD MEMBER | VEHICLE | Yes (X) | $15,000 | $1,889 | false | Yes (true) | Yes (true) |
| CHARLES ISAACS | |||||||
| BOARD MEMBER | VEHICLE | Yes (X) | $20,000 | $15,346 | false | Yes (true) | Yes (true) |
| CHARLES ISAACS | |||||||
| BOARD MEMBER | GARAGE | Yes (X) | $15,000 | $12,016 | false | Yes (true) | Yes (true) |
| CHARLES ISAACS | |||||||
| BOARD MEMBER | REAL ESTATE | Yes (X) | $47,000 | $46,600 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | BOAT AND RV | Yes (X) | $23,027 | $16,882 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | VEHICLE | Yes (X) | $5,000 | $1,863 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | COLLEGE TUITION SIGNATURE | Yes (X) | $5,000 | $2,383 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | REAL ESTATE | Yes (X) | $100,300 | $97,863 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | VEHICLE | Yes (X) | $29,713 | $18,622 | false | Yes (true) | Yes (true) |
| MARY GOGGLEYE | |||||||
| PRESIDENT | SIGNATURE | Yes (X) | $5,000 | $5,000 | false | Yes (true) | Yes (true) |
| MICHAEL NYNAS | |||||||
| BOARD MEMBER | VEHICLE | Yes (X) | $17,607 | $13,717 | false | Yes (true) | Yes (true) |
| MAUREEN REUTER | |||||||
| SUPERVISORY COMMITTEE | VEHICLE | Yes (X) | $18,500 | $17,030 | false | Yes (true) | Yes (true) |
| NICOLE OSSE | |||||||
| BOARD MEMBER | VEHICLE | Yes (X) | $27,117 | $23,607 | false | Yes (true) | Yes (true) |
| BARBARA GUNDERSON | |||||||
| BOARD MEMBER | SIGNATURE | Yes (X) | $1,500 | $994 | false | Yes (true) | Yes (true) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DEER RIVER COOP CREDIT UNION | FormAndLineReferenceDesc |
| Explanation | MONTHLY FINANCIAL STATEMENT IS POSTED IN LOBBY OF THE CREDIT UNION. WILL BE MAILING 990 T ON MAY 15 2015. WE DO NOT HAVE ANY INDEPENDENT CONTRACTORS. PART VII SECTION B. PART VIII WE NO LONGER SERVICE OR OWN ATM'S. PART VII- JOHN OBRIEN PRESIDENT RETIRED AS OF AUGUST 8 2015 MARY GOGGLEYE PRESIDENT JULY 1 2015. | ExplanationTxt |
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