Virginia United Methodist Credit Union: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- Virginia United Methodist Credit Union (EIN 54-0575188)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-04-30
- IRS object ID
- 201431209349301308
- Schema version
- 2013v3.1
- 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 | 2014-04-30T16:30:53-04:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 272456118 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert L Mann LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 746 | AddressLine1 |
| City | Fredericksburg | City |
| State | VA | State |
| ZIP Code | 22404 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540575188 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA UNITED METHODIST CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VIRG | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10330 STAPLES MILL ROAD | AddressLine1 |
| City | Glen Allen | City |
| State | VA | State |
| ZIP Code | 23060 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL A MATHIS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8046720200 | PhoneNum |
| Signature | 2014-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT L MANN | PreparerPersonNm |
| PTIN | P01083360 | PTIN |
| Phone | 5409032277 | PhoneNum |
| Preparation | 2014-04-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $986,512 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.VUMCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | CREDIT UNION IS A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Gross UBI | $6,295 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,013,606 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $867,252 | CYProgramServiceRevenueAmt |
| PY Investment Income | $100,936 | PYInvestmentIncomeAmt |
| CY Investment Income | $105,700 | CYInvestmentIncomeAmt |
| PY Other Revenue | $395 | PYOtherRevenueAmt |
| CY Other Revenue | $1,079 | CYOtherRevenueAmt |
| PY Total Revenue | $1,114,937 | PYTotalRevenueAmt |
| CY Total Revenue | $974,031 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $369,642 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $387,262 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $655,453 | PYOtherExpensesAmt |
| CY Other Expenses | $542,169 | CYOtherExpensesAmt |
| PY Total Expenses | $1,025,095 | PYTotalExpensesAmt |
| CY Total Expenses | $929,431 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $89,842 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $44,600 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $18,932,477 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,473,356 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,452,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,948,779 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,479,977 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,524,577 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CREDIT UNION IS A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $929,431 | ExpenseAmt |
| Revenue | $974,031 | RevenueAmt |
| Desc | MEMBERS OF THE CREDIT UNION POOL THEIR ASSETS TO PROVIDE LOANS AND OTHER FINANCIAL SERVICES TO EACH OTHER. | Desc |
| Total Program Service Expenses | $929,431 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 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 | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 302 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 9 | 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 |
| 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL A MATHIS | PersonNm |
| Phone | 8046720200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10330 STAPLES MILL ROAD | AddressLine1 |
| City | Glen Allen | City |
| State | VA | State |
| ZIP Code | 23060 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| NOEL G PRESTON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM A JAMES | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ALVIN J HORTON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| M WILLIAM JONES IV | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DOROTHY M OQUINN | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS A RACHELE | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LLOYD NEWBANKS | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES D THOMAS | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS BURGESS | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CAROL A MATHIS | |||||||
| CEO | 40.00 | 0.00 | $71,812 | $0 | $11,820 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $71,812 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $11,820 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FISERV | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6000 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94160 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CR DR CARD PROCESS | ServicesDesc |
| Compensation | $118,395 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LOAN INTEREST INCOME | 900099 | $629,347 | $629,347 | |
| FEES AND CHARGES | 900099 | $237,905 | $232,689 | $5,216 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $867,252 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,700 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $105,700 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $13,560 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,481 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,079 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,079 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,079 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $974,031 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $967,736 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $6,295 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,632 | TotalAmt |
| Program Services | $83,632 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,536 | TotalAmt |
| Program Services | $237,536 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,049 | TotalAmt |
| Program Services | $8,049 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,335 | TotalAmt |
| Program Services | $33,335 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,710 | TotalAmt |
| Program Services | $24,710 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674 | TotalAmt |
| Program Services | $674 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,310 | TotalAmt |
| Program Services | $3,310 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,702 | TotalAmt |
| Program Services | $244,702 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,609 | TotalAmt |
| Program Services | $8,609 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,137 | TotalAmt |
| Program Services | $34,137 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,717 | TotalAmt |
| Program Services | $64,717 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,084 | TotalAmt |
| Program Services | $58,084 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,148 | TotalAmt |
| Program Services | $7,148 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,072 | TotalAmt |
| Program Services | $2,072 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,724 | TotalAmt |
| Program Services | $60,724 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,863 | TotalAmt |
| Program Services | $12,863 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,442 | TotalAmt |
| Program Services | $18,442 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| CASH OVER AND SHORT | -$22 | -$22 |
| PROVISION FOR LOAN LOSSES | $12,581 | $12,581 |
| ACH ATM LOSSES | $13,310 | $13,310 |
| MISC EXPENSE | $671 | $671 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147 | TotalAmt |
| Program Services | $147 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $929,431 | TotalAmt |
| Program Services | $929,431 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,246 | BOYAmt |
| EOY | $29,259 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $850,876 | BOYAmt |
| EOY | $791,082 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,706 | BOYAmt |
| EOY | $76,097 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,375,060 | BOYAmt |
| EOY | $9,398,058 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $351,142 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $126,601 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,070 | BOYAmt |
| EOY | $224,541 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,112,766 | BOYAmt |
| EOY | $6,684,420 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,753 | BOYAmt |
| EOY | $269,899 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,932,477 | BOYAmt |
| EOY | $17,473,356 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,805 | BOYAmt |
| EOY | $34,013 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,449,695 | BOYAmt |
| EOY | $15,914,766 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,452,500 | BOYAmt |
| EOY | $15,948,779 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,479,977 | BOYAmt |
| EOY | $1,524,577 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,479,977 | BOYAmt |
| EOY | $1,524,577 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,932,477 | BOYAmt |
| EOY | $17,473,356 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $44,600 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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 | $89,492 | OtherCostOrOtherBasisAmt |
| Book Value | $89,492 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $158,252 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,211 | DepreciationAmt |
| Book Value | $127,041 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $103,398 | OtherCostOrOtherBasisAmt |
| Depreciation | $95,390 | DepreciationAmt |
| Book Value | $8,008 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $224,541 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CERTIFICATES | $2,800,000 | C |
| NEGOTIABLE SECURITY | $3,091,000 | C |
| GOVT AGENCY | $550,000 | C |
| CORP ONE PERP CAP | $172,525 | C |
| CARD SVCS FOR CREDIT UNION | $2,775 | C |
| CUSC OF VA | $66,977 | C |
| CU 24 | $1,143 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $6,684,420 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (14 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ACCRUED INCOME ON LOANS | $22,017 |
| BORROWER INTEREST REVEIVABLE | $3,360 |
| SUBSIDIZED INT REC STUDENT LOANS | $619 |
| STUDENT LOANS REVEIVABLE | $716 |
| ACCRUED INVESTMENT INCOME | $17,135 |
| OTHER RECEIVABLES | $13,115 |
| PREPAID INSURANCE | $15,131 |
| OTHER PREPAID ASSETS | $6,824 |
| NCUSIF | $165,598 |
| CUSC SHARED BRANCHING IN PROCESS | $1,265 |
| PREPAID POSTAGE | $56 |
| FISERV EFT ATM DEBIT CARDS | -$14,762 |
| VISA CREDIT CARD PREFUND | $20,000 |
| OREO | $18,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $269,899 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| SHAREDRAFT DEPOSIT ACCOUNTS | $2,652,663 |
| REGULAR SHARE ACCOUNTS | $4,907,703 |
| MONEY MARKET ACCOUNTS | $1,437,920 |
| SHARE CERTIFICATE ACCOUNTS | $6,163,950 |
| IRA ACCOUNTS | $747,365 |
| BUSINESS SHARES 24 MONTH CD | $5,165 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $15,914,766 | TotalLiabilityAmt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| WILLIAM A JAMES | |||||||
| DIRECTOR | MEMBER LOANS | Yes (X) | $26,711 | $6,331 | false | Yes (true) | Yes (true) |
| MATTHEW W JONES IV | |||||||
| DIRECTOR | MEMBER LOANS | Yes (X) | $26,497 | $24,068 | false | Yes (true) | Yes (true) |
| JAMES D THOMAS | |||||||
| DIRECTOR | MEMBER LOANS | Yes (X) | $193 | false | Yes (true) | Yes (true) | |
| NOEL G PRESTON | |||||||
| DIRECTOR | MEMBER LOANS | Yes (X) | $40,000 | $35,562 | false | Yes (true) | Yes (true) |
| ALVIN J HORTON | |||||||
| DIRECTOR | MEMBER LOANS | Yes (X) | $9,943 | false | Yes (true) | Yes (true) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $76,097 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | CREDIT UNIONS ARE FINANCIAL INSTITUTIONS FORMED BY AN ORGANIZED GROUP OF PEOPLE WITH A COMMON BOND. EACH MEMBER OWNS ONE SHARE. EACH MEMEBER HAS ONE VOTE TO ELECT THE BOARD OF DIRECTORS. |
| Member election for additional members Part VI line 7a | CREDIT UNIONS ARE FINANCIAL INSTITUTIONS FORMED BY AN ORGANIZED GROUP OF PEOPLE WITH A COMMON BOND. EACH MEMBER OWNS ONE SHARE. EACH MEMEBER HAS ONE VOTE TO ELECT THE BOARD OF DIRECTORS. |
| Form 990 governing body review Part VI line 11 | THE CEO REVIEWED THE 990 PRIOR TO ITS FILING. |
| CEO executive director top management comp Part VI line 15a | THE CEO'S SALARY IS APPROVED AND SET BY THE BOARD OF DIRECTORS ANNUALLY. |
| Governing documents etc available to public Part VI line 19 | GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. MEMBERS OF THE CREDIT UNION MAY REVIEW GOVERNING DOCUMENTS AT THE CREDIT UNION. |
| List of other fees for services expenses Part IX line 11g | SHARED BRACHNING EXP 17,131ACQUIRER SHARED BRANCH 3,346SHAREDRAFT EXP 6,155NET BANKING HOME BANKING EXP 4,289DEBIT CREDIT CARD EDS FISERV EXP 42,259LIBERTY CHECK PRINTING CHARGES 402IRA ADMIN FEES 1,282MEMBER BUSINESS SOLUTIONS FEES 2,935VISA EXP 91,748STUDENT LOAN FEES 2,375PROFESSIONAL AND OUTSIDE EXP 15,587SCC EXAM FEE 6,558ASSOCIATION DUES 14,664OTHER SERVICES 3,262BANK SERVICE CHARGES 2,156ACH FEES 4,419COLLECTION FEES 10,966CREDIT REPORT FEES 3,695OTHER TAXES 3,323 MANAGEMENT OF RENTAL (1,356)TAX PREP ALLOCATION (2,000)RENTAL PROP ADMIN (1,121)NCUSIF ASSESSMENT 12,627TOTAL 244,702 |