Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $44,115

• 2a · Program service revenue: LOAN INCOME FROM MEMBERS

  total $17,601,865 · related or exempt $17,601,865

• 3 · Investment income

  total $2,288,535 · excluded $2,288,535

• 7a · Gross sales of assets other than inventory

  securities $14,657,065

• 7b · Less cost or other basis and sales expenses

  securities $14,726,926

• 7c · Gain or loss

  securities -$69,861

• 7d · Net gain or loss

  total -$69,861 · excluded -$69,861

• 8a · Fundraising events: gross income

  $7,175

• 8a · Fundraising events: contributions included on line 1c

  $44,115

• 8b · Fundraising events: direct expenses

  $7,175

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: SERVICE CHARGES AND FEES

  total $3,831,144 · related or exempt $3,831,144

• 11b · Other revenue: OTHER INCOME

  total $402,986 · related or exempt $402,986

• 11c · Other revenue: INSURANCE FEES

  total $106,922 · unrelated business $106,922

• 11d · All other revenue

  total $42,675 · unrelated business $42,675

• 11e · Other revenue, total

  $4,383,727

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $85,040

• 4 · Benefits paid to or for members

  total $2,798,098

• 5 · Compensation of officers, directors and key employees

  total $1,536,806

• 7 · Other salaries and wages

  total $5,319,094

• 8 · Pension plan contributions

  total $206,838

• 9 · Other employee benefits

  total $1,292,332

• 11b · Fees: legal

  total $25,037

• 11c · Fees: accounting

  total $101,514

• 11f · Fees: investment management

  total $18,971

• 11g · Fees: other

  total $1,328,626

• 12 · Advertising and promotion

  total $671,921

• 13 · Office expenses

  total $350,330

• 14 · Information technology

  total $592,675

• 16 · Occupancy

  total $877,483

• 17 · Travel

  total $322,172

• 19 · Conferences, conventions and meetings

  total $805

• 22 · Depreciation, depletion and amortization

  total $848,187

• 23 · Insurance

  total $125,631

• 24a · Other expenses: SUPERVISION & EXAMINATI

  total $1,601,090

• 24b · Other expenses: PROVISION FOR LOAN LOSS

  total $1,441,830

• 24c · Other expenses: LOAN SERVICING & COLLEC

  total $1,121,848

• 24d · Other expenses: EDUCATION

  total $112,600

• 24e · All other expenses

  total $125,928

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,303,395 · end of year $4,361,142

• 2 · Savings and temporary cash investments

  beginning of year $76,950,730 · end of year $59,291,121

• 7 · Other notes and loans receivable

  beginning of year $333,442,466 · end of year $361,360,311

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

  $18,884,987

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

  $6,922,551

• 10c · Land, buildings and equipment, net

  beginning of year $10,260,831 · end of year $11,962,436

• 11 · Investments: publicly traded securities

  beginning of year $124,392,912 · end of year $106,560,002

• 12 · Investments: other securities

  beginning of year $110,000 · end of year $110,000

• 15 · Other assets

  beginning of year $27,434,032 · end of year $43,052,182

• 17 · Accounts payable and accrued expenses

  beginning of year $2,070,003 · end of year $1,961,935

• 25 · Other liabilities

  beginning of year $510,189,507 · end of year $532,948,812

• 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 $63,634,856 · end of year $51,786,447

The filer's explanations (Part III)

PART I, LINE 4A

ANGELA HARVEY RECEIVED SEVERANCE PAYMENT OF $85,360.