Totals
- Total revenue
- $673,849
- Total expenses
- $636,329
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $461,271
- Investment income
- $212,578
- Other revenue
- $0
- Total assets, end of year
- $12,796,281
- Total liabilities, end of year
- $10,201,031
- Net assets or fund balances, end of year
- $2,595,250
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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 $407,005 · related or exempt $407,005 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Fees and Charges
total $54,266 · related or exempt $54,266 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $212,578 · related or exempt $212,578 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $106,245
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $74,405
-
8 · Pension plan contributions
total $9,033
-
9 · Other employee benefits
total $37,436
-
10 · Payroll taxes
total $14,581
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,822
-
11c · Fees: accounting
total $10,100
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $300
-
13 · Office expenses
total $38,379
-
14 · Information technology
total $35,506
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $4,406
-
20 · Interest
total $2
-
21 · Payments to affiliates
total $8,570
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $11,610
-
24a · Other expenses: Debit Card Expense
total $31,311
-
24b · Other expenses: Dividends
total $158,745
-
24c · Other expenses: Regulatory Fees
total $8,216
-
24d · Other expenses: Provision for Loan Losses
total $74,000
-
24e · All other expenses
total $11,662
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $126,430 · end of year $256,918
-
2 · Savings and temporary cash investments
beginning of year $2,659,932 · end of year $2,494,042
-
7 · Other notes and loans receivable
beginning of year $6,442,155 · end of year $6,219,629
-
9 · Prepaid expenses and deferred charges
beginning of year $32,969 · end of year $26,485
-
11 · Investments: publicly traded securities
beginning of year $2,945,000 · end of year $3,652,000
-
15 · Other assets
beginning of year $133,614 · end of year $147,207
-
17 · Accounts payable and accrued expenses
beginning of year $43,155 · end of year $44,378
-
25 · Other liabilities
beginning of year $9,739,215 · end of year $10,156,653
-
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 $2,557,730 · end of year $2,595,250
Mission and programs · 2024
Mission
The credit union has not adopted a mission statement.
Activities or mission (Part I)
To assist our members in the management of their financial well-being by providing loans, savings accounts, and other financial institution services in a friendly and professional manner.
-
Provided consumer loans to 561 members.
-
Received deposits from 1,191 members.
-
Issued certificates of deposit to 105 members.
As filed on the 2024 return.
Listed in Part VII
-
Stephen B Rowe
President
- Total calculated
- $111,557
- From this org
- $106,245
- From related orgs
- $0
- Other
- $5,312
- Hours/week
- 45
-
Stephanie K Ahl
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy A Belford
Vice-Chairman
- Total calculated
- $0
- Hours/week
- 0.5
-
Christina M Trueblood
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Carl A Berry
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael A Dailey
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher M Haven
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Angela D Herron
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen A Leitner
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Leland M Sanders
Director
- Total calculated
- $0
- Hours/week
- 0.5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2025
- IRS schema version
- 2024v5.0
- Source object
- 202521049349300017
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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