ONE CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ONE CREDIT UNION (EIN 03-6008252)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-14
- IRS object ID
- 201231359349305828
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-05-14T15:59:52-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 036008252 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ONEC | NameControl |
| Phone | 8028864228 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 380 RIVER STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | VT | State |
| ZIP Code | 05156 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rhoda Stevens | Name |
| Title | Accountant | Title |
| Phone | 8028864228 | Phone |
| Date Signed | 2012-04-30 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONE CREDIT UNION | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 380 RIVER STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | VT | State |
| ZIP Code | 05156 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5031501 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.onecu.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1952 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING FINANCIAL SERVICES | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 53 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5451163 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4660211 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 513492 | InvestmentIncomePriorYear |
| Investment Income Current Year | 371290 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5964655 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5031501 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 854688 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 601111 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2495520 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2757533 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2047451 | OtherExpensePriorYear |
| Other Expenses Current Year | 2492863 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5397659 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5851507 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 566996 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -820006 | RevenuesLessExpensesCY |
| Total Assets BOY | 114433107 | TotalAssetsBOY |
| Total Assets EOY | 123886563 | TotalAssetsEOY |
| Total Liabilities BOY | 102116538 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 108846684 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12316569 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15039879 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE PURPOSE OF THIS CREDIT UNION IS TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 0 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | PROVIDING FINANCIAL SERVICES | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 0 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3977 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 53 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8028864228 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 380 RIVER STREET | AddressLine1 |
| City | SPRINGFIELD | City |
| State | VT | State |
| ZIP Code | 05156 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| JEFF TAFT | |||||||
| CHAIRMAN/BOARD OF DIRECTORS | 1 | X | 0 | 0 | 0 | ||
| MICHAEL GRAHAM | |||||||
| VICE CHAIRMAN/BOARD OF DIRECTORS | 1 | X | 0 | 0 | 0 | ||
| ROBERT REARDON | |||||||
| TREASURER/BOARD OF DIRECTORS | 1 | X | 0 | 0 | 0 | ||
| PAMELA HEMINGWAY | |||||||
| SECRETARY/BOARD OF DIRECTORS | 1 | X | 0 | 0 | 0 | ||
| JOHN CLARK | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| JACK MITCHELL | |||||||
| DIRECTORS | 1 | X | 0 | 0 | 0 | ||
| RICHARD NORTH | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| LINDA MOORE | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| KAREN GRADY | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| BARBARA MENARD | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| MARK BUSHWAY | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| C MARTIN PREVOST | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| JERRY CROSS | |||||||
| CEO/PRESIDENT | 45 | 102367 | 0 | 0 | X | ||
| TIMOTHY GOLDEN | |||||||
| SENIOR EXECUTIVE VICE PRESIDENT | 45 | 92740 | 0 | 0 | X | ||
| JAMES ADORISIO | |||||||
| COO | 45 | 70231 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 265338 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| LOAN INTEREST INCOME | 522130 | 3657343 | 3657343 | 0 | $0 |
| PROGRAM SERVICE FEES | 522130 | 1002868 | 1002868 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4660211 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 371290 | TotalRevenueColumn |
| Related Or Exempt Function Income | 371290 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5031501 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5031501 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 601111 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1888559 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105940 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 602468 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160566 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4953 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9085 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73562 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105706 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 550797 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 351730 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24567 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193230 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83512 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| LOAN SERVICING EXPENSES | 250596 |
| PROVISION FOR LOAN LOSS | 272469 |
| MEMBERS INSURANCE | 285158 |
| CD AMORTIZATION | 212200 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75298 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5851507 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1269636 | BOY |
| EOY | 2435813 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36566013 | BOY |
| EOY | 36413921 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71918434 | BOY |
| EOY | 78704556 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111443 | BOY |
| EOY | 179642 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4319883 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1490696 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3032171 | BOY |
| EOY | 2829187 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1535410 | BOY |
| EOY | 3323444 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114433107 | BOY |
| EOY | 123886563 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129763 | BOY |
| EOY | 209910 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101986775 | BOY |
| EOY | 108636774 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102116538 | BOY |
| EOY | 108846684 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12316569 | BOY |
| EOY | 15039879 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12316569 | BOY |
| EOY | 15039879 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114433107 | BOY |
| EOY | 123886563 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -820006 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3543316 | ReconcilationOtherChanges |
| Method Of Accounting Other | X | MethodOfAccountingOther |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 497073 | OtherCostOrOtherBasis |
| Book Value | 497073 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2933467 | OtherCostOrOtherBasis |
| Depreciation | 1037918 | Depreciation |
| Book Value | 1895549 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 224267 | OtherCostOrOtherBasis |
| Depreciation | 118415 | Depreciation |
| Book Value | 105852 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 665076 | OtherCostOrOtherBasis |
| Depreciation | 334363 | Depreciation |
| Book Value | 330713 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2829187 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBER DEPOSITS | Description |
| Amount | $108,636,774 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 108636774 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JERRY CROSS | |||||||||||||
| 102367 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102367 | 0 | 62511 | 0 |
| JAMES ADORISIO | |||||||||||||
| 70231 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70231 | 0 | 73690 | 0 |
| TIMOTHY GOLDEN | |||||||||||||
| 92740 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92740 | 0 | 56096 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L03 | Identifier |
| Return Reference | Schedule J, Part I, Line 3 | ReturnReference |
| Explanation | THE GOVERNING BODY SET THE COMPENSATION LEVEL FOR THE CEO USING INDUSTRY SALARY DATA AND COST OF LIVING INDEXES. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (46 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| MARK BUSHWAY | ||||||
| EQUIPMENT LOAN | X | $31,478 | 5129 | 0 | 1 | 1 |
| MARK BUSHWAY | ||||||
| VEHICLE LOAN | X | $114,936 | 28000 | 0 | 1 | 1 |
| MARK BUSHWAY | ||||||
| VEHICLE LOAN | X | $38,350 | 3138 | 0 | 1 | 1 |
| JOHN CLARK | ||||||
| HOME EQUITY LOAN | X | $15,418 | 13428 | 0 | 1 | 1 |
| KAREN GRADY | ||||||
| CREDIT CARD | X | $22,000 | 274 | 0 | 1 | 1 |
| JACK MITCHELL | ||||||
| CREDIT CARD | X | $5,000 | 196 | 0 | 1 | 1 |
| LINDA MOORE | ||||||
| PLEDGE SHARE | X | $23,000 | 10537 | 0 | 1 | 1 |
| LINDA MOORE | ||||||
| MORTGAGE | X | $325,000 | 307754 | 0 | 1 | 1 |
| LINDA MOORE | ||||||
| VEHICLE LOAN | X | $23,775 | 15949 | 0 | 1 | 1 |
| MICHAEL GRAHAM | ||||||
| EQUIPMENT LOAN | X | $7,700 | 6715 | 0 | 1 | 1 |
| MICHAEL GRAHAM | ||||||
| VEHICLE LOAN | X | $9,100 | 8400 | 0 | 1 | 1 |
| MICHAEL GRAHAM | ||||||
| SIGNATURE LOAN | X | $500 | 500 | 0 | 1 | 1 |
| PAM HEMINGWAY | ||||||
| HOME EQUITY LOAN | X | $14,000 | 12464 | 0 | 1 | 1 |
| RICHARD NORTH | ||||||
| HOME EQUITY LOAN | X | $17,000 | 15800 | 0 | 1 | 1 |
| C MARTIN PREVOST SR | ||||||
| VEHICLE | X | $13,100 | 10787 | 0 | 1 | 1 |
| C MARTIN PREVOST SR | ||||||
| HOME EQUITY LOAN | X | $62,912 | 59076 | 0 | 1 | 1 |
| C MARTIN PREVOST SR | ||||||
| VEHICLE LOAN | X | $30,673 | 26785 | 0 | 1 | 1 |
| C MARTIN PREVOST SR | ||||||
| TRAILER LOAN | X | $17,000 | 16718 | 0 | 1 | 1 |
| C MARTIN PREVOST SR | ||||||
| CREDIT CARD | X | $2,500 | 2039 | 0 | 1 | 1 |
| ROBERT REARDON | ||||||
| CREDIT CARD | X | $10,000 | 910 | 0 | 1 | 1 |
| JEFF TAFT | ||||||
| HOME EQUITY LOAN | X | $15,000 | 1772 | 0 | 1 | 1 |
| BARBARA BURNHAM | ||||||
| VEHICLE LOAN | X | $10,792 | 7297 | 0 | 1 | 1 |
| DON MURRAY | ||||||
| VEHICLE LOAN | X | $21,939 | 6367 | 0 | 1 | 1 |
| DON MURRAY | ||||||
| HOME EQUITY LOAN | X | $40,000 | 18133 | 0 | 1 | 1 |
| TESSA DANIELS | ||||||
| VEHICLE LOAN | X | $25,908 | 23798 | 0 | 1 | 1 |
| TESSA DANIELS | ||||||
| VEHICLE LOAN | X | $5,995 | 3134 | 0 | 1 | 1 |
| JEFF GOODRICH | ||||||
| CREDIT CARD | X | $8,000 | 1476 | 0 | 1 | 1 |
| JEFF GOODRICH | ||||||
| SIGNATURE LOAN | X | $7,000 | 3543 | 0 | 1 | 1 |
| JEFF GOODRICH | ||||||
| VEHICLE LOAN | X | $14,939 | 11359 | 0 | 1 | 1 |
| BILL MAYVILLE | ||||||
| HOME EQUITY LOAN | X | $28,000 | 15046 | 0 | 1 | 1 |
| KAREN BUSHEY | ||||||
| CREDIT CARD | X | $12,000 | 9072 | 0 | 1 | 1 |
| KAREN BUSHEY | ||||||
| VEHICLE LOAN | X | $20,955 | 7661 | 0 | 1 | 1 |
| KAREN BUSHEY | ||||||
| VEHICLE LOAN | X | $6,615 | 630 | 0 | 1 | 1 |
| NATHAN COBB | ||||||
| VEHICLE LOAN | X | $31,000 | 19525 | 0 | 1 | 1 |
| NATHAN COBB | ||||||
| TRAILER LOAN | X | $11,000 | 14147 | 0 | 1 | 1 |
| NATHAN COBB | ||||||
| MORTGAGE LOAN | X | $160,000 | 150998 | 0 | 1 | 1 |
| NATHAN COBB | ||||||
| VEHICLE LOAN | X | $24,709 | 12783 | 0 | 1 | 1 |
| JERRY CROSS | ||||||
| MORTGAGE LOAN | X | $156,500 | 114412 | 0 | 1 | 1 |
| JERRY CROSS | ||||||
| HOME EQUITY LOAN | X | $29,165 | 26956 | 0 | 1 | 1 |
| JERRY CROSS | ||||||
| VEHICLE LOAN | X | $15,022 | 9299 | 0 | 1 | 1 |
| JERRY CROSS | ||||||
| SIGNATURE LOAN | X | $4,200 | 1354 | 0 | 1 | 1 |
| MICHAEL ROUNDS | ||||||
| HOME EQUITY LOAN | X | $15,774 | 10706 | 0 | 1 | 1 |
| MICHAEL ROUNDS | ||||||
| MORTGAGE LOAN | X | $157,250 | 139997 | 0 | 1 | 1 |
| TIMOTHY GOLDEN | ||||||
| VEHICLE LOAN | X | $27,316 | 20791 | 1 | 1 | 1 |
| SPENCER NOBLE | ||||||
| CREDIT CARD | X | $40,000 | 15095 | 0 | 1 | 1 |
| SPENCER NOBLE | ||||||
| HOME EQUITY | X | $24,593 | 23234 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1213184 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L06 | Form 990, Part VI, Section A, Line 6 | MEMBERS |
| F990_P06_S0A_L07a | Form 990, Part VI, Section A, Line 7a | MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEMBERSHIP MEETING |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | NO REVIEW WAS FORMALLY CONDUCTED WITH ALL MEMBERS OF THE GOVERNING BODY |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | POLICY IS REVIEWED ANNUALLY |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | THE GOVERNING BODY SET THE COMPENSATION LEVEL FOR THE CEO USING INDUSTRY SALARY DATA AND COST OF LIVING INDEXES. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | UPON REQUEST |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | 2010 was reevaluated by CPA firm for FAS 141 Acquisition Accounting. Entries were made for 2010 in 2011 |