CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-1627377)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-07-17
IRS object ID: 202031999349300903
Schema version: 2019v5.0
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)
Return	2020-07-17T10:25:59-07:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	650152722	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FINANCIAL STANDARDS GROUP INC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6447 W HIGHWAY 146	AddressLine1Txt
City	CRESTWOOD	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40014	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	381627377	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HarborLight Credit Union	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HARB	BusinessNameControlTxt
Phone	2318945608	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2151 Cogswell Drive	AddressLine1Txt
City	Whitehall	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49461	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Justin Bamford	PersonNm
Person Title	CEO	PersonTitleTxt
Signature	2020-07-17	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Robert Draeger	PreparerPersonNm
PTIN	P01331632	PTIN
Phone	8005225820	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2020-09-22 18:59:49Z	BuildTS

Form 990 IRS990

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2151 Cogswell Drive	AddressLine1Txt
City	Whitehall	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49461	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,558,237	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.harborlightcu.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1954	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	HarborLight Credit Union exists to improve the financial well-being of our members.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	51	TotalEmployeeCnt
Total Volunteers	9	TotalVolunteersCnt
Total Gross UBI	$44,516	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$100	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$2,000	CYContributionsGrantsAmt
PY Program Service Revenue	$4,980,359	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,565,134	CYProgramServiceRevenueAmt
PY Investment Income	$842,642	PYInvestmentIncomeAmt
CY Investment Income	$991,103	CYInvestmentIncomeAmt
PY Other Revenue	$17,016	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$5,840,017	PYTotalRevenueAmt
CY Total Revenue	$6,558,237	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,778,534	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,777,407	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,986,918	PYOtherExpensesAmt
CY Other Expenses	$4,337,168	CYOtherExpensesAmt
PY Total Expenses	$5,768,452	PYTotalExpensesAmt
CY Total Expenses	$6,114,575	CYTotalExpensesAmt
PY Revenues Less Expenses	$71,565	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$443,662	CYRevenuesLessExpensesAmt
Total Assets BOY	$110,064,269	TotalAssetsBOYAmt
Total Assets EOY	$117,026,310	TotalAssetsEOYAmt
Total Liabilities BOY	$99,533,426	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$105,984,137	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$10,530,843	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$11,042,173	NetAssetsOrFundBalancesEOYAmt
Mission	HarborLight Credit Union exists to improve the financial well-being of our members.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	The Credit Union has various types of deposit accounts available for our members. As of 12/31/2019 we had 10,661 members.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	The Credit Union has several types of loan programs available for our members. We funded 1,567 new loans to our members during 2019. As of 12/31/2019 we had 6,672 loans to our members.	Desc

Field	Value	IRS element (for citing)
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	Yes (true)	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	Yes (true)	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	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	2444	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	51	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	7	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	false	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
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Barbara Blair	PersonNm
Phone	2318945608	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2151 Cogswell Drive	AddressLine1Txt
City	Whitehall	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49461	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Justin Bamford
CEO	40.00	0.00	Yes (X)	$119,935	$0	$26,243
Barbara Blair
CFO	40.00	0.00	Yes (X)	$58,177	$0	$9,393
Donna Vangeison
CLO	0.00	0.00		$8,370	$0	$1,020
Rita Kosheba
Secretary	1.00	0.00		$0	$0	$0	Yes (X)
Steven Mayberry
Vice Chair	1.00	0.00		$0	$0	$0	Yes (X)
Allen Rant
Chairperson	1.00	0.00		$0	$0	$0	Yes (X)
Sharon Swaninger
Treasurer	1.00	0.00		$0	$0	$0	Yes (X)
Steven Salter
Director	1.00	0.00		$0	$0	$0	Yes (X)
Lee Andrews
Director	1.00	0.00		$0	$0	$0	Yes (X)
Larry Goldner
Director	1.00	0.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$186,482	TotalReportableCompFromOrgAmt
Total Other Compensation	$36,656	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Fiserv
75 Remittance Dr	Chicago	IL	60675	Core Processor/Card Proc	$1,322,716
Kasasa by BanVue
PO Box 527	Lubbock	TX	79408	rewards checking program	$123,986
John M Floyd
125 N Burnet Dr	Baytown	TX	77520	Courtesy Pay	$156,764

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,000	GovernmentGrantsAmt
Total Contributions	$2,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	BusinessBusinessCd	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Ancillary loan products	$18,330	$18,330
Interchange Income	$164,187		522100	$164,187
Interest on Loans	$3,607,353		522100	$3,607,353
Member Fee Income	$1,562,197		522100	$1,562,197
Other Mbr Related Income	$186,881		522100	$186,881

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$26,186	TotalRevenueColumnAmt
Unrelated Business Revenue	$26,186	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,565,134	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$991,103	TotalRevenueColumnAmt
Related Or Exempt Func Income	$991,103	RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

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

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

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

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

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

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,558,237	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,511,721	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$44,516	UnrelatedBusinessRevenueAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$223,138	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,186,004	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$85,909	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$172,934	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$109,422	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$402,448	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$194,713	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$330,665	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$534,503	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$120,450	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$77,825	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$750,390	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$176,924	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$63,592	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Loan Servicing Expense	$781,051
ATM Transaction fees	$474,191
Provision for Loan Losses	$330,552
Postage and Shipping	$54,599

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$45,265	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,114,575	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,626,398	BOYAmt
EOY	$1,943,374	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$15,572,763	BOYAmt
EOY	$14,931,548	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

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

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$3,379	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	$60,527,009	BOYAmt
EOY	$70,646,119	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$121,771	BOYAmt
EOY	$100,483	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$4,683,871	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,814,020	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,943,474	BOYAmt
EOY	$2,869,851	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,743,361	BOYAmt
EOY	$2,538,156	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

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

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$22,993,700	BOYAmt
EOY	$20,288,700	EOYAmt

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$3,535,793	BOYAmt
EOY	$3,704,700	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$110,064,269	BOYAmt
EOY	$117,026,310	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$308,132	BOYAmt
EOY	$1,315,508	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$152,667	BOYAmt
EOY	$326,774	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$99,072,627	BOYAmt
EOY	$104,341,855	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$99,533,426	BOYAmt
EOY	$105,984,137	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	$10,530,843	BOYAmt
EOY	$11,042,173	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$10,530,843	BOYAmt
EOY	$11,042,173	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$110,064,269	BOYAmt
EOY	$117,026,310	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$443,662	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$67,668	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$173,352	OtherCostOrOtherBasisAmt
Book Value	$173,352	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,579,392	OtherCostOrOtherBasisAmt
Depreciation	$1,182,018	DepreciationAmt
Book Value	$2,397,374	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$931,127	OtherCostOrOtherBasisAmt
Depreciation	$632,002	DepreciationAmt
Book Value	$299,125	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,869,851	TotalBookValueLandBuildingsAmt
Total Book Value Program Rltd	$20,288,700	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Escrow Balances to Line 21 Bal Sheet	-$326,774
Member Shares & Deposits	$104,668,629

Field	Value	IRS element (for citing)
Total Liability	$104,341,855	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	Donna Vangeison	PersonNm
Title	CLO	TitleTxt
Base Compensation Filing Org	$8,370	BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org	$670	DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org	$350	NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org	$9,390	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	The organization has members. To be a member one must have a share (savings) account at the Credit Union.
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	The Board of Directors is elected by the Credit Union members. Each member has one vote.
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	A member vote is required for decisions which are beyond the authority of the Board of Directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.
Form 990, Part VI, Line 11b: Form 990 Review Process	Management provides data to independent CPA to prepare the return. Management reviews the return for accuracy, and then authorizes the CPA to e-file the approved return. Management reviews the return with the Directors at the next Board meeting.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	Policy read and acknowledged annually by signing and are returned to CEO.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	The Board of Directors is provided CUNA salary survey information for the CEO position. The board reviews the CEO compensation at the annual wage meeting and determines the CEO compensation. The Board decision to approve updated compensation is noted inthe Board minutes.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	Key employee compensation is determined by the CEO and CFO using the CUNA salary survey to determine wage brackets for each position. The Board of Directors approves the updated compensation.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Governing documents and policies are available upon request. Financial statements are posted in the lobby.
Part IV, Line 2b - Escrow Liability Arragement Explanation	The Credit Union holds funds in escrow accounts for property taxes and homeowners insurance related to mortgage loans.