MLD CAROLINA CREDIT UNION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MLD CAROLINA CREDIT UNION (EIN 57-0421351)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-12
- IRS object ID
- 202041339349301709
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-12T10:55:13-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | 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 | SCOTT CONLEY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8034328521 | PhoneNum |
| Signature | 2020-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANET M PIERCE | PreparerPersonNm |
| PTIN | P00498837 | PTIN |
| Phone | 8034321436 | PhoneNum |
| Preparation | 2020-05-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 206.74.13.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-12 | IPDt |
| IP Tm | 10:55:13 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8A5EF587CFE71028FDEAE561BA42261A23FBE972 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 34C51C3261704471D409D11DAE3CFA7FFB2472B8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SCOTT CONLEY | 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 | $7,108,620 | 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 | 54 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,350,648 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,344,347 | CYProgramServiceRevenueAmt |
| PY Investment Income | $470,991 | PYInvestmentIncomeAmt |
| CY Investment Income | $764,273 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,821,639 | PYTotalRevenueAmt |
| CY Total Revenue | $7,108,620 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,314,298 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,436,169 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,190,242 | PYOtherExpensesAmt |
| CY Other Expenses | $4,147,575 | CYOtherExpensesAmt |
| PY Total Expenses | $6,504,540 | PYTotalExpensesAmt |
| CY Total Expenses | $6,583,744 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $317,099 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $524,876 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $131,863,608 | TotalAssetsBOYAmt |
| Total Assets EOY | $135,073,348 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $116,380,507 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $118,590,837 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,483,101 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,482,511 | NetAssetsOrFundBalancesEOYAmt |
| Mission | STATE CHARTERED CREDIT UNION | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $6,291,050 | 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 | $6,291,050 | 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 | false | 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 | 2118 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 54 | 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 |
| City | LUGOFF | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29078 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| SCOTT CONLEY | ||||||
| CEO | 40.00 | Yes (X) | $137,116 | $0 | $0 | |
| DENNIS ARLEDGE | ||||||
| VICE CHAIRMA | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CHERYL COLVIN | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| JOANN HANKS | ||||||
| SECRETARY | 1.00 | $0 | $0 | $0 | Yes (X) | |
| CHALMERS EUGENE HORNSBY | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| MIKE JONES | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| ROBERT MURPHY | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| GREG NETTLES | ||||||
| CHAIRMAN | 1.00 | $0 | $0 | $0 | Yes (X) | |
| LARRY STRICKLAND | ||||||
| TREASURER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| WANDA SWANN | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DEAN SCARBOROUGH | ||||||
| VP OF LENDIN | 40.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $137,116 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | 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 |
|---|---|---|---|---|---|
| CONSULTANT BUILDERS | |||||
| 3100 MEDLOCK BRIDGE ROAD SUITE 420 | PEACHTREE CORNERS | GA | 30071 | CONSTRUCTION | $3,084,870 |
| FISERV | |||||
| PO BOX 979 | BROOKFIELD | WI | 53008 | DATA PROCESSOR | $624,202 |
| EVANS SIMPSON AND ASSOC | |||||
| 2250 HEWATT ROAD | SNELLVILLE | GA | 30039 | INSURANCE | $563,513 |
| FISERV EFT | |||||
| PO BOX 979 | BROOKFIELD | WI | 53008 | CARD PROCESSOR | $403,926 |
| WITTENBACH | |||||
| 100 SPARKS VALLEY ROAD STE B | SPARKS | MD | 21152 | BANK EQUIPMENT | $308,858 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 522291 | $4,122,586 | $4,122,586 |
| FEE INCOME | 522100 | $1,799,265 | $1,799,265 |
| MISCELLANEOUS INCOME | 522100 | $237,622 | $237,622 |
| VISA INTEREST | 522100 | $184,874 | $184,874 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,344,347 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $764,273 | TotalRevenueColumnAmt |
| Exclusion | $764,273 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,108,620 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,344,347 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $764,273 | 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 | $1,959,167 | TotalAmt |
| Program Services | $1,763,250 | ProgramServicesAmt |
| Management And General | $195,917 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,094 | TotalAmt |
| Program Services | $90,085 | ProgramServicesAmt |
| Management And General | $10,009 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,058 | TotalAmt |
| Program Services | $216,052 | ProgramServicesAmt |
| Management And General | $24,006 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,850 | TotalAmt |
| Program Services | $123,165 | ProgramServicesAmt |
| Management And General | $13,685 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,731 | TotalAmt |
| Program Services | $30,731 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,159 | TotalAmt |
| Program Services | $65,159 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,151 | TotalAmt |
| Program Services | $155,151 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,724 | TotalAmt |
| Program Services | $75,724 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,887 | TotalAmt |
| Program Services | $224,898 | ProgramServicesAmt |
| Management And General | $24,989 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,705 | TotalAmt |
| Program Services | $65,705 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,429 | TotalAmt |
| Program Services | $21,429 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $680,942 | TotalAmt |
| Program Services | $680,942 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,978 | TotalAmt |
| Program Services | $210,978 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,781 | TotalAmt |
| Program Services | $1,781 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ATM/VISA EXPENSE | $709,409 | $709,409 | |
| DATA PROCESSING | $594,378 | $594,378 | |
| PROVISION FOR LOAN LOSS | $273,176 | $273,176 | |
| PROF. & O/S SVCS | $240,876 | $216,788 | $24,088 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,249 | TotalAmt |
| Program Services | $772,249 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,583,744 | TotalAmt |
| Program Services | $6,291,050 | ProgramServicesAmt |
| Management And General | $292,694 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,195,624 | BOYAmt |
| EOY | $13,824,236 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,072,650 | BOYAmt |
| EOY | $8,569,397 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,981 | BOYAmt |
| EOY | $24,494 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,622,827 | BOYAmt |
| EOY | $83,692,744 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,399,027 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,720,382 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,314,900 | BOYAmt |
| EOY | $8,678,645 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,173,111 | BOYAmt |
| EOY | $10,076,015 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,339,515 | BOYAmt |
| EOY | $10,207,817 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,863,608 | BOYAmt |
| EOY | $135,073,348 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,864 | BOYAmt |
| EOY | $625,896 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,000,643 | BOYAmt |
| EOY | $117,964,941 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,380,507 | BOYAmt |
| EOY | $118,590,837 | 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 | $15,483,101 | BOYAmt |
| EOY | $16,482,511 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,483,101 | BOYAmt |
| EOY | $16,482,511 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,863,608 | BOYAmt |
| EOY | $135,073,348 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $524,876 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $474,534 | 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 | $5,978,880 | OtherCostOrOtherBasisAmt |
| Depreciation | $952,017 | DepreciationAmt |
| Book Value | $5,026,863 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $559,133 | OtherCostOrOtherBasisAmt |
| Depreciation | $518,786 | DepreciationAmt |
| Book Value | $40,347 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,487,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,249,579 | DepreciationAmt |
| Book Value | $1,238,329 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,678,645 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (12 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| COLI | $4,923,523 |
| EMPLOYEE PENSION | $3,150,138 |
| NCUSIF | $1,112,000 |
| SETTLEMENT DEPOSIT | $407,000 |
| PPD | $300,610 |
| ACCRUED INTEREST ON LOANS | $238,762 |
| REPOSSESSED LOANS | $34,503 |
| ACCRUED INTEREST ON INVESTMENTS | $29,718 |
| SUPPLIES | $16,864 |
| ASSETS ACQUIRED IN LIQUIDATION | $2,500 |
| CIP | $780 |
| VISA SETTLEMENT | -$8,581 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $10,207,817 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SHARES | $113,264,941 |
| NOTE PAYABLE | $4,700,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $117,964,941 | TotalLiabilityAmt |
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 176,259 0 0 COMMUNICATIONS 109,744 0 0 STATEMENTS 72,245 0 0 SURETY BOND 61,368 0 0 VISA CC EXPENSE 57,671 0 0 CREDIT REPORTS 42,791 0 0 SHARE DRAFT EXPENSE 33,430 0 0 ASSOCIATION DUES 28,239 0 0 INDIRECT PROGRAM FEE 24,409 0 0 EMPLOYEE RELATIONSHIP 22,379 0 0 LOSS ON ATM/DEBIT CARD 21,599 0 0 SUBSCRIPTIONS 21,330 0 0 PCU BILLPAY EXPENSE 20,791 0 0 COLLECTION EXPENSE 15,683 0 0 PROVISION FOR ODP 14,850 0 0 GAIN/LOSS ON DISP OF ASSE 13,005 0 0 LOSS ON CREDIT CARDS 12,194 0 0 LOAN CLOSING 11,983 0 0 ACH EXPENSE 11,376 0 0 LOSS ON SHARE DRAFT 9,929 0 0 RECORDING/FILING FEE 7,384 0 0 BANK SERVICE CHARGE 6,884 0 0 OTHER MISC EXPENSE 1,552 0 0 REWARDS EXPENSE 828 0 0 FLOWERS - MEMORIAL 200 0 0 OVER/SHORT -384 0 0 ATM OVER/SHORT -720 0 0 GAIN.LOSS ON INVESTMENT -24,770 0 0 TOTAL 772,249 0 0 |
| FORM 990, PART XI, LINE 9 | UNREALIZED GAIN/LOSS ON PENSION 2,235,878 UNREALIZED GAIN/LOSS ON INVESTMENT 269,264 UNREALIZED GAIN/LOSS ON PENSION -2,045,026 UNREALIZED GAIN/LOSS ON INVESTMENT 14,418 TOTAL 474,534 |