Totals
- Total revenue
- $17,347,179
- Total expenses
- $15,826,686
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $16,650,938
- Investment income
- $567,407
- Other revenue
- $128,834
- Total assets, end of year
- $314,868,160
- Total liabilities, end of year
- $283,397,529
- Net assets or fund balances, end of year
- $31,470,631
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: LOAN INTEREST
total $12,666,819 · related or exempt $12,666,819
-
2b · Program service revenue: FEES AND CHARGES
total $3,984,119 · related or exempt $3,973,448 · unrelated business $10,671
-
3 · Investment income
total $590,836 · excluded $590,836
-
6a · Gross rents
real property $266,380
-
6b · Less rental expenses
real property $137,546
-
6c · Rental income or loss
real property $128,834
-
6d · Net rental income or loss
total $128,834 · excluded $128,834
-
7b · Less cost or other basis and sales expenses
other assets $23,429
-
7c · Gain or loss
other assets -$23,429
-
7d · Net gain or loss
total -$23,429 · related or exempt -$23,429
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $2,586,848
-
5 · Compensation of officers, directors and key employees
total $257,846
-
7 · Other salaries and wages
total $5,192,312
-
8 · Pension plan contributions
total $222,507
-
9 · Other employee benefits
total $436,492
-
10 · Payroll taxes
total $360,763
-
11b · Fees: legal
total $33,798
-
11c · Fees: accounting
total $551,387
-
11g · Fees: other
total $646,844
-
12 · Advertising and promotion
total $548,284
-
13 · Office expenses
total $991,389
-
14 · Information technology
total $179,948
-
16 · Occupancy
total $1,036,074
-
17 · Travel
total $113,328
-
20 · Interest
total $793,500
-
22 · Depreciation, depletion and amortization
total $397,380
-
23 · Insurance
total $70,587
-
24a · Other expenses: MISC OPERATING EXPENSES
total $595,929
-
24b · Other expenses: PROCESSING CHARGES
total $281,380
-
24c · Other expenses: PROVISION FOR LOAN LOSS
total $201,033
-
24d · Other expenses: LOAN SERVICING
total $122,774
-
24e · All other expenses
total $206,283
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,425,632 · end of year $5,296,147
-
2 · Savings and temporary cash investments
beginning of year $7,039,210 · end of year $5,240,418
-
4 · Accounts receivable
beginning of year $1,061,979 · end of year $1,197,796
-
7 · Other notes and loans receivable
beginning of year $225,504,457 · end of year $253,432,831
-
9 · Prepaid expenses and deferred charges
beginning of year $2,379,160 · end of year $2,477,057
-
10a · Land, buildings and equipment: cost or other basis
$22,428,783
-
10b · Land, buildings and equipment: accumulated depreciation
$5,293,894
-
10c · Land, buildings and equipment, net
beginning of year $12,452,179 · end of year $17,134,889
-
11 · Investments: publicly traded securities
beginning of year $26,868,373 · end of year $23,479,330
-
12 · Investments: other securities
beginning of year $717,931 · end of year $3,472,684
-
14 · Intangible assets
beginning of year $234,502 · end of year $234,502
-
15 · Other assets
beginning of year $3,174,619 · end of year $2,902,506
-
17 · Accounts payable and accrued expenses
beginning of year $675,462 · end of year $2,554,220
-
23 · Secured mortgages and notes payable
beginning of year $8,303,795 · end of year $16,952,658
-
25 · Other liabilities
beginning of year $244,523,030 · end of year $263,890,651
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $28,355,755 · end of year $31,470,631
Mission and programs · 2023
Mission
TO PROVIDE MEMBERSHIP BENEFIT PROGRAMS, FINANCIAL EDUCATION, NEWSLETTERS, DEPOSIT AND LOAN INSURANCE PROTECTION, AND CONSUMER INFORMATION.
Activities or mission (Part I)
CONSUMER (MEMBER) FINANCIAL SERVICES.
-
INTREPID CREDIT UNION PROVIDES A WIDE VARIETY OF FINANCIAL SERVICES. ADDITIONAL SERVICES INCLUDE MUTUAL, MEMBERSHIP BENEFIT PROGRAMS, COUNSELING, FINANCIAL EDUCATION, NEWSLETTERS, DEPOSIT AND LOAN INSURANCE PROTECTION, AND CONSUMER INFORMATION.
As filed on the 2023 return.
Listed in Part VII
-
Greg StrizichGREG STRIZICH
PRESIDENT/CEO
- Total calculated
- $272,180
- From this org
- $252,842
- From related orgs
- $0
- Other
- $19,338
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $252,842
- Bonus
- $0
- Other
- $0
- Deferred
- $11,569
- Nontaxable benefits
- $7,769
- Filer's total
- $272,180
-
Jim McDonnellJIM MCDONNELL
CHAIRPERSON - OUTGOING
- Total calculated
- $0
- Hours/week
- 8
-
Donald PollyDONALD POLLY
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 8
-
Nancy EversonNANCY EVERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Aaron PrattAARON PRATT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Stanley PutnamSTANLEY PUTNAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andy HunthausenANDY HUNTHAUSEN
VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
John RobinsonJOHN ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kevin DunnKEVIN DUNN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
William BennettWILLIAM BENNETT
AVP INFORMATION SYSTEMS
- Total calculated
- $131,363
- From this org
- $114,244
- From related orgs
- $0
- Other
- $17,119
- Hours/week
- 40
-
Tim SchumacherTIM SCHUMACHER
SVP OPERATIONS
- Total calculated
- $133,214
- From this org
- $101,244
- From related orgs
- $0
- Other
- $31,970
- Hours/week
- 40
-
Ashley StewartASHLEY STEWART
VP CORE TECHNOLOGY AND PROJECTS
- Total calculated
- $130,477
- From this org
- $107,871
- From related orgs
- $0
- Other
- $22,606
- Hours/week
- 40
-
Tavish TaylorTAVISH TAYLOR
CHIEF FINANCIAL OFFICER
- Total calculated
- $164,309
- From this org
- $149,491
- From related orgs
- $0
- Other
- $14,818
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,491
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,818
- Filer's total
- $164,309
-
Lisa TinkerLISA TINKER
SVP MORTGAGE LENDING
- Total calculated
- $132,171
- From this org
- $113,717
- From related orgs
- $0
- Other
- $18,454
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD ESTABLISHES COMPENSATION FOR THE ORGANIZATION'S PRESIDENT/CEO USING COMPARABILITY DATA FROM THE NATIONAL CREDIT UNION ASSOCIATION SALARY SURVEYS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403219349300925
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