EVERGREEN CREDIT UNION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: EVERGREEN CREDIT UNION (EIN 01-0216328)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-13
IRS object ID: 201313179349301261
Schema version: 2012v2.0
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T07:02:46-08:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Macpage LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	30 Long Creek Dr	AddressLine1
City	South Portland	City
State	ME	State
ZIP Code	04106	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	010216328	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EVERGREEN CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	EVER	NameControl
Phone	2072215000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	225 RIVERSIDE STREET	AddressLine1
City	PORTLAND	City
State	ME	State
ZIP Code	04104	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	H TUCKER COLE	Name
Title	CEO	Title
Date Signed	2013-11-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Mark Ayers	Name
PTIN	P00289581	PTIN
Phone	2077745701	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	10395539	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.evergreencreditunion.org	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
State Legal Domicile	ME	StateLegalDomicile
Activity Or Mission Description	Provide members with savings and loan services.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	62	TotalNbrEmployees
Total Nbr Volunteers	11	TotalNbrVolunteers
Total Gross UBI	80422	TotalGrossUBI
Net Unrelated Business Txbl Income	-61315	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	8828137	ProgramServiceRevenuePriorYear
Program Service Revenue CY	7968253	ProgramServiceRevenueCY
Investment Income Prior Year	916349	InvestmentIncomePriorYear
Investment Income Current Year	1022478	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1262274	OtherRevenuePriorYear
Other Revenue Current Year	1397576	OtherRevenueCurrentYear
Total Revenue Prior Year	11006760	TotalRevenuePriorYear
Total Revenue Current Year	10388307	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	1979427	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	1407534	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3040780	SalariesEtcPriorYear
Salaries Etc Current Year	3140462	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5026091	OtherExpensePriorYear
Other Expenses Current Year	5234685	OtherExpensesCurrentYear
Total Expenses Prior Year	10046298	TotalExpensesPriorYear
Total Expenses Current Year	9782681	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	960462	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	605626	RevenuesLessExpensesCY
Total Assets BOY	207020000	TotalAssetsBOY
Total Assets EOY	214654282	TotalAssetsEOY
Total Liabilities BOY	190006757	TotalLiabilitiesBOY
Total Liabilities EOY	197035413	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	17013243	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	17618869	NetAssetsOrFundBalancesEOY
Mission Description	Provide members with savings and loan services.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	9782681	Expense
Revenue	10295117	Revenue
Description	The credit union has 22,945 members as of 12/31/2012. Members have access to a wide variety of low cost, high quality services.	Description
Total Program Service Expense	9782681	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	3322	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	62	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KATE ARCHAMBAULT	NamePerson
Telephone Number	2072215000	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	225 RIVERSIDE STREET	AddressLine1
City	PORTLAND	City
State	ME	State
ZIP Code	04104	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
DOUGLAS WILSON
Chairman	1.00	0.00	X	0	0	0
JOHN MORNEAULT
Secretary	1.00	0.00	X	0	0	0
DANIEL MCGARVEY
Vice Chairman	1.00	0.00	X	0	0	0
Tom McBrierty
Asst Secretary	1.00	0.00	X	0	0	0
Ron Greco
Director	1.00	0.00	X	0	0	0
Alex Stone
Director	1.00	0.00	X	0	0	0
ROBERT DORR
Director	1.00	0.00	X	0	0	0
WILLIAM DESENA
Treasurer	1.00	0.00	X	0	0	0
Brian Conger
Director	1.00	0.00	X	0	0	0
KELLIE HARRIS
Director	1.00	0.00	X	0	0	0
CHRISTOPHER DOE
Asst Treasurer	1.00	0.00	X	0	0	0
Timothy Verreault
Vice President	40.00	0.00		113871	0	1937	X
Kathleen ARCHAMBAULT
CFO	40.00	0.00		127525	0	10202	X
H TUCKER COLE
CEO	40.00	0.00		206472	0	17000	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	447868	TotalReportableCompFromOrg
Total Other Compensation	29139	TotalOtherCompensation
Number Individuals GT100 K	3	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SYSTEMS ENGINEERING INC
120 EXCHANGE STREET	PORTLAND	ME	04101	IT SUPPORT	192197
SYNERGENT
PO BOX 1236	PORTLAND	ME	04104	DATA/ATM PROCESSOR	999945
IMAGINE BRANDS INC
225 RIVERSIDE STREET	PORTLAND	ME	04104	MARKETING	113802

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
LOAN INCOME FROM MEMBERS	6346107	6346107
FEE INCOME	1622146	1622146

Field	Value	IRS element (for citing)
Total Program Service Revenue	7968253	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1009710	TotalRevenueColumn
Related Or Exempt Function Income	1009710	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	20000	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	7232	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	12768	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	12768	TotalRevenueColumn
Exclusion	$12,768	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
OTHER OPERATING INCOME	1317154	1317154
INSURANCES CR LIFE/AD&D	34178		34178
ATM NON-MEMBER FEES	21422		21422

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	24822	TotalRevenueColumn
Unrelated Business Revenue	24822	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	1397576	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10388307	TotalRevenueColumn
Related Or Exempt Function Income	10295117	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	80422	UnrelatedBusinessRevenue
Exclusion	$12,768	ExclusionAmount

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

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	1407534	Total
Program Services	1407534	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	477007	Total
Program Services	477007	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1972357	Total
Program Services	1972357	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	106560	Total
Program Services	106560	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	402768	Total
Program Services	402768	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	181770	Total
Program Services	181770	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	6443	Total
Program Services	6443	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1282273	Total
Program Services	1282273	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	220940	Total
Program Services	220940	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	678502	Total
Program Services	678502	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	410781	Total
Program Services	410781	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	29220	Total
Program Services	29220	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	346555	Total
Program Services	346555	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	72627	Total
Program Services	72627	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
MISC OPERATING EXPENSE	111805	111805
STABILIZATION EXPENSE	186173	186173
LOAN SERVICE EXPENSE	210223	210223
Provision for loan losses	1650000	1650000

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	29143	Total
Program Services	29143	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	9782681	Total
Program Services	9782681	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1712775	BOY
EOY	1069637	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	23421677	BOY
EOY	22994531	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	129575237	BOY
EOY	124830050	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	8460407	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2239063	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	6339878	BOY
EOY	6221344	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	40489537	BOY
EOY	53984582	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	5480896	BOY
EOY	5554138	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	207020000	BOY
EOY	214654282	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	121747	BOY
EOY	53968	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	189885010	BOY
EOY	196981445	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	190006757	BOY
EOY	197035413	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	17013243	BOY
EOY	17618869	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	17013243	BOY
EOY	17618869	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	207020000	BOY
EOY	214654282	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	605626	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1705026	OtherCostOrOtherBasis
Book Value	1705026	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5678440	OtherCostOrOtherBasis
Depreciation	1574158	Depreciation
Book Value	4104282	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9949	OtherCostOrOtherBasis
Depreciation	9286	Depreciation
Book Value	663	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1066992	OtherCostOrOtherBasis
Depreciation	655619	Depreciation
Book Value	411373	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	6221344	TotalOfBookValueLandBuildings
Total Of Book Value Securities	53984582	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	member deposits	Description
Amount	$196,981,445	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	196981445	TotalOfAmounts

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	H TUCKER COLE	NamePerson
Title	CEO	Title
Base Compensation Filing Org	206472	BaseCompensationFilingOrg
Nontaxable Benefits Filing Org	17000	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	223472	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	The governing documents and policies of the organization are made available upon request. The financial statements are posted in the lobby monthly.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	COMPENSATION FOR THE C.E.O. IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD. GOALS ARE SET EACH YEAR AND C.E.O. IS MEASURED BASED ON THESE GOALS. COMPENSATION RANGE IS BASED ON THIRD PARTY VENDOR RANGES FOR SIMILAR INSTITUTIONS. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THEIR SUPERVISOR BASED ON ESTABLISHED CREDIT UNION REVIEW PROCESS.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	In signing the conflict of interest policy, officers agree to disclose any related items. The organization is small and therefore senior management is aware of all contracts with third parties. Therefore, any conflict would be easily identified and avoided. If the board member wanted to pursue a business relationship they would be required to resign from the board.
Form 990, Part VI, Line 11b	Form 990, Part VI, Line 11b: Form 990 Review Process	A formal review by the entire governing body was not deemed necessary. A formal review by the CEO and CFO is performed.
Form 990, Part VI, Line 7b	Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	Certain actions of the board require a vote by the membership.
Form 990, Part VI, Line 7a	Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Board of directors is comprised of members elected by the credit union members.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	Membership is obtained by anyone making the minimum requirement deposit in the credit union.