Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $5,375

• 2a · Program service revenue: INTEREST ON LOANS

  total $4,216,138 · related or exempt $4,216,138

• 2b · Program service revenue: OTHER MEMBER RELATED REVENUE

  total $794,895 · related or exempt $794,895

• 2c · Program service revenue: MEMBER FEE INCOME

  total $431,804 · related or exempt $431,804

• 2d · Program service revenue: FEE & INSURANCE REVENUE

  total $8,535 · unrelated business $8,535

• 3 · Investment income

  total $686,997 · excluded $686,997

• 5 · Royalties

  total $11,581 · excluded $11,581

• 6a · Gross rents

  real property $33,150

• 6c · Rental income or loss

  real property $33,150

• 6d · Net rental income or loss

  total $33,150 · excluded $33,150

• 7a · Gross sales of assets other than inventory

  other assets $1,000

• 7c · Gain or loss

  other assets $1,000

• 7d · Net gain or loss

  total $1,000 · related or exempt $1,000

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,656

• 2 · Grants to domestic individuals

  total $640

• 5 · Compensation of officers, directors and key employees

  total $355,291

• 7 · Other salaries and wages

  total $1,173,170

• 8 · Pension plan contributions

  total $100,670

• 9 · Other employee benefits

  total $226,503

• 10 · Payroll taxes

  total $117,657

• 11b · Fees: legal

  total $1,979

• 11c · Fees: accounting

  total $19,494

• 11g · Fees: other

  total $143,318

• 12 · Advertising and promotion

  total $115,563

• 13 · Office expenses

  total $737,119

• 14 · Information technology

  total $197,659

• 16 · Occupancy

  total $296,359

• 19 · Conferences, conventions and meetings

  total $70,255

• 20 · Interest

  total $12,413

• 22 · Depreciation, depletion and amortization

  total $204,959

• 23 · Insurance

  total $55,942

• 24a · Other expenses: LOAN SERVICING

  total $587,634

• 24b · Other expenses: LOAN LOSS EXPENSE

  total $452,054

• 24c · Other expenses: DIVIDEND EXPENSE

  total $187,741

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $692,804 · end of year $842,059

• 2 · Savings and temporary cash investments

  beginning of year $23,597,250 · end of year $5,945,588

• 4 · Accounts receivable

  end of year $10,003

• 7 · Other notes and loans receivable

  beginning of year $65,586,294 · end of year $82,700,707

• 9 · Prepaid expenses and deferred charges

  beginning of year $632,817 · end of year $692,082

• 10a · Land, buildings and equipment: cost or other basis

  $4,938,448

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,534,388

• 10c · Land, buildings and equipment, net

  beginning of year $1,660,158 · end of year $2,404,060

• 13 · Investments: program-related

  beginning of year $9,877,680 · end of year $5,980,630

• 15 · Other assets

  beginning of year $2,785,621 · end of year $2,986,916

• 17 · Accounts payable and accrued expenses

  beginning of year $1,578,235 · end of year $1,100,339

• 21 · Escrow or custodial account liability

  beginning of year $15,508 · end of year $21,719

• 24 · Unsecured notes and loans payable

  end of year $930,915

• 25 · Other liabilities

  beginning of year $93,092,910 · end of year $88,410,150

• 31 · Retained earnings, endowment or other funds

  beginning of year $10,145,971 · end of year $11,098,922

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4

TRINA HOFF 0 30,000 0

SCHEDULE J, PART III

THE PRESIDENT PARTICIPATES IN A 457(F) PLAN. THE AMOUNT SHOWN ABOVE IS THE CONTRIBUTION TO THE PLAN FOR THIS CALENDAR YEAR.