MLD CAROLINA CREDIT UNION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MLD CAROLINA CREDIT UNION (EIN 57-0421351)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-10
- IRS object ID
- 202431319349301113
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-10T08:41:49-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570568919 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANTEY TILLER PIERCE & GREEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 862 | AddressLine1Txt |
| City | CAMDEN | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570421351 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MID CAROLINA CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIDC | BusinessNameControlTxt |
| Phone | 8034328521 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 | AddressLine1Txt |
| City | LUGOFF | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29078 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID H MOONEY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8034328521 | PhoneNum |
| Signature | 2024-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID H | PersonFirstNm |
| Person Last | MOONEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANET M PIERCE | PreparerPersonNm |
| PTIN | P00498837 | PTIN |
| Phone | 8034321436 | PhoneNum |
| Preparation | 2024-05-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID H MOONEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 | AddressLine1Txt |
| City | LUGOFF | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,557,257 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MIDCAROLINACU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1961 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | STATE CHARTERED CREDIT UNION | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 55 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,652,396 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,406,460 | CYProgramServiceRevenueAmt |
| PY Investment Income | $982,955 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,150,797 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,635,351 | PYTotalRevenueAmt |
| CY Total Revenue | $9,557,257 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,401,770 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,059,544 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,370,961 | PYOtherExpensesAmt |
| CY Other Expenses | $5,336,995 | CYOtherExpensesAmt |
| PY Total Expenses | $6,772,731 | PYTotalExpensesAmt |
| CY Total Expenses | $8,396,539 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $862,620 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,160,718 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $167,193,089 | TotalAssetsBOYAmt |
| Total Assets EOY | $171,945,643 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,162,143 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $157,117,843 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,030,946 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,827,800 | NetAssetsOrFundBalancesEOYAmt |
| Mission | STATE CHARTERED CREDIT UNION | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,023,466 | ExpenseAmt |
| Desc | DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. | Desc |
| Total Program Service Expenses | $8,023,466 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | 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 | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2282 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 55 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 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 | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER CAUTHEN | PersonNm |
| Phone | 8034324705 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 | AddressLine1Txt |
| Address Line2 | 841 HWY 1 SOUTH | AddressLine2Txt |
| City | LUGOFF | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29078 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| DAVID H MOONEY | ||||||
| CEO | 40.00 | Yes (X) | $161,360 | $0 | $11,187 | |
| DEAN SCARBOROUGH | ||||||
| VP OF LENDIN | 40.00 | Yes (X) | $120,688 | $0 | $11,814 | |
| MICHAEL JENSEN | ||||||
| VP OF IT | 40.00 | Yes (X) | $111,460 | $0 | $15,439 | |
| JENNIFER CAUTHEN | ||||||
| VP OF FINANC | 40.00 | Yes (X) | $118,851 | $0 | $5,098 | |
| DENNIS ARLEDGE | ||||||
| CHAIRMAN | $0 | $0 | $0 | Yes (X) | ||
| LINDA G CARTER | ||||||
| BOARD MEMBER | $0 | $0 | $0 | Yes (X) | ||
| CHERYL COLVIN | ||||||
| BOARD MEMBER | $0 | $0 | $0 | Yes (X) | ||
| JOANN HANKS | ||||||
| SECRETARY | $0 | $0 | $0 | Yes (X) | ||
| CHALMERS EUGENE HORNSBY | ||||||
| VICE CHAIRMA | $0 | $0 | $0 | Yes (X) | ||
| MIKE JONES | ||||||
| TREASURER | $0 | $0 | $0 | Yes (X) | ||
| ROBERT MURPHY | ||||||
| BOARD MEMBER | $0 | $0 | $0 | Yes (X) | ||
| GREG NETTLES | ||||||
| BOARD MEMBER | $0 | $0 | $0 | Yes (X) | ||
| WANDA SWANN | ||||||
| BOARD MEMBER | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $512,359 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $43,538 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | 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 |
|---|---|---|---|---|---|
| FISERV | |||||
| PO BOX 979 | BROOKFIELD | WI | 53008 | DATA PROCESSOR | $675,357 |
| CUNA MUTUAL | |||||
| 5910 MINERAL POINT ROAD | MADISON | WI | 53705 | DEBT PROTECTION | $399,667 |
| FISERV EFT | |||||
| PO BOX 979 | BROOKFIELD | WI | 53008 | CARD PROCESSOR | $398,702 |
| EVANS SIMPSON AND ASSOC | |||||
| 2250 HEWATT ROAD | SNELLVILLE | GA | 30039 | INSURANCE | $318,171 |
| BLUE CHOICE | |||||
| 4101 PERCIVAL ROAD | COLUMBIA | SC | 29229 | HEALTH INSURANC | $219,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 522291 | $5,507,064 | $5,507,064 |
| FEE INCOME | 522100 | $2,372,143 | $2,372,143 |
| MISCELLANEOUS INCOME | 522100 | $297,719 | $297,719 |
| VISA INTEREST | 522100 | $229,534 | $229,534 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,406,460 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,150,797 | TotalRevenueColumnAmt |
| Exclusion | $1,150,797 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,557,257 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,406,460 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,150,797 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,481,900 | TotalAmt |
| Program Services | $2,233,710 | ProgramServicesAmt |
| Management And General | $248,190 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,048 | TotalAmt |
| Program Services | $188,143 | ProgramServicesAmt |
| Management And General | $20,905 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,690 | TotalAmt |
| Program Services | $168,021 | ProgramServicesAmt |
| Management And General | $18,669 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,906 | TotalAmt |
| Program Services | $163,716 | ProgramServicesAmt |
| Management And General | $18,190 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,840 | TotalAmt |
| Program Services | $23,840 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,989 | TotalAmt |
| Program Services | $86,989 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,455 | TotalAmt |
| Program Services | $115,455 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,243 | TotalAmt |
| Program Services | $79,243 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,271 | TotalAmt |
| Program Services | $301,743 | ProgramServicesAmt |
| Management And General | $33,528 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,247 | TotalAmt |
| Program Services | $105,247 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,659 | TotalAmt |
| Program Services | $16,659 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,088,437 | TotalAmt |
| Program Services | $1,088,437 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,509 | TotalAmt |
| Program Services | $354,509 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $630 | TotalAmt |
| Program Services | $630 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ATM/VISA EXPENSE | $872,722 | $872,722 | |
| DATA PROCESSING | $544,356 | $544,356 | |
| PROVISION FOR LOAN LOSS | $347,000 | $347,000 | |
| PROF. & O/S SVCS | $335,906 | $302,315 | $33,591 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,030,731 | TotalAmt |
| Program Services | $1,030,731 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,396,539 | TotalAmt |
| Program Services | $8,023,466 | ProgramServicesAmt |
| Management And General | $373,073 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,781,970 | BOYAmt |
| EOY | $8,834,190 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,522,064 | BOYAmt |
| EOY | $7,380,748 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,506 | BOYAmt |
| EOY | $31,813 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,074,782 | BOYAmt |
| EOY | $103,700,215 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,042,937 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,459,303 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,710,888 | BOYAmt |
| EOY | $7,583,634 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,784,880 | BOYAmt |
| EOY | $31,642,515 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,294,999 | BOYAmt |
| EOY | $12,772,528 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,193,089 | BOYAmt |
| EOY | $171,945,643 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $736,857 | BOYAmt |
| EOY | $742,061 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,425,286 | BOYAmt |
| EOY | $156,375,782 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,162,143 | BOYAmt |
| EOY | $157,117,843 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,030,946 | BOYAmt |
| EOY | $14,827,800 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,030,946 | BOYAmt |
| EOY | $14,827,800 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,193,089 | BOYAmt |
| EOY | $171,945,643 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,160,718 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$363,864 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,373,106 | OtherCostOrOtherBasisAmt |
| Book Value | $2,373,106 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,137,672 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,519,270 | DepreciationAmt |
| Book Value | $4,618,402 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $561,321 | OtherCostOrOtherBasisAmt |
| Depreciation | $556,750 | DepreciationAmt |
| Book Value | $4,571 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,970,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,383,283 | DepreciationAmt |
| Book Value | $587,555 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,583,634 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (11 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| COLI | $5,484,812 |
| EMPLOYEE PENSION | $3,941,810 |
| NCUSIF | $1,520,142 |
| PPD | $608,218 |
| SETTLEMENT DEPOSIT | $556,000 |
| ACCRUED INTEREST ON LOANS | $369,123 |
| ACCRUED INTEREST ON INVESTMENTS | $123,914 |
| REPOSSESSED LOANS | $75,567 |
| SUPPLIES | $59,457 |
| ACCRUED INTEREST ON PARTICIPATIONS | $20,099 |
| VISA SETTLEMENT | $13,386 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,772,528 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SHARES | $154,175,782 |
| NOTE PAYABLE | $2,200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $156,375,782 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID H MOONEY | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $157,954 | BaseCompensationFilingOrgAmt |
| Bonus Filing Organization | $3,406 | BonusFilingOrganizationAmount |
| Deferred Compensation Flng Org | $4,260 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $6,927 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $172,547 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CREDIT UNION IS OWNED BY ITS MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 10B | THE CREDIT UNION HAS WRITTEN POLICIES AND PROCEDURES THAT GOVERN EACH BRANCH TO ENSURE THEIR OPERATIONS ARE CONSISTENT WITH THOSE OF THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMMISIONS OR MISSTATEMENTS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | RECEIVE ANNUAL WRITTEN CONFIRMATION |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CEO HAS A WRITTEN EMPLOYMENT CONTRACT APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE CEO APPROVES THE SALARIES FOR EMPLOYEES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ONE OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. FINANCIALS ARE POSTED IN THE BRANCH LOBBIES AND PROVIDED ANNUALLY AT THE ANNUAL MEETING. |
| FORM 990, PART IX, LINE 24E | DEALER FEE 264,409 0 0 STATEMENTS 111,699 0 0 COMMUNICATIONS 88,928 0 0 VISA CC EXPENSE 79,562 0 0 SURETY BOND 76,198 0 0 CREDIT REPORTS 52,505 0 0 EMPLOYEE RELATIONSHIP 43,735 0 0 INDIRECT PROGRAM FEE 40,080 0 0 GAIN/LOSS ON DISP OF ASSE 34,072 0 0 ASSOCIATION DUES 30,572 0 0 LOSS ON SHARE DRAFT 28,722 0 0 SUBSCRIPTIONS 28,457 0 0 PCU BILLPAY EXPENSE 27,531 0 0 LOSS ON ATM/DEBIT CARD 24,872 0 0 SHARE DRAFT EXPENSE 22,612 0 0 PROVISION FOR ODP 19,600 0 0 BANK SERVICE CHARGE 14,186 0 0 LOAN CLOSING 13,371 0 0 COLLECTION EXPENSE 9,906 0 0 RECORDING/FILING FEE 8,673 0 0 LOAN SERVICING EXPENSE 7,223 0 0 ACH EXPENSE 4,219 0 0 REWARDS EXPENSE 2,821 0 0 OVER/SHORT 1,994 0 0 LOSS ON CREDIT CARDS 1,168 0 0 LOSS ON A2A TRANSACTIONS 826 0 0 FLOWERS - MEMORIAL 50 0 0 ATM OVER/SHORT -7,260 0 0 TOTAL 1,030,731 0 0 |
| FORM 990, PART XI, LINE 9 | UNREALIZED GAIN/LOSS ON PENSION 1,688,203 UNREALIZED GAIN/LOSS ON INVESTMENT 4,171,378 UNREALIZED GAIN/LOSS ON PENSION -2,617,156 UNREALIZED GAIN/LOSS ON INVESTMENT -3,058,744 ONE TIME CECL ADJUSTMENT -547,545 TOTAL -363,864 |