Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Interest on Member Loans

  total $1,112,587 · related or exempt $1,112,587

• 3 · Investment income

  total $113,007 · excluded $113,007

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6d · Net rental income or loss

  total $0

• 7d · Net gain or loss

  total $0

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10c · Net income from sales of inventory

  total $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 $349,767

• 5 · Compensation of officers, directors and key employees

  total $204,145

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $142,726

• 8 · Pension plan contributions

  total $0

• 9 · Other employee benefits

  total $93,995

• 10 · Payroll taxes

  total $21,961

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $15,226

• 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 $16,239

• 13 · Office expenses

  total $15,244

• 14 · Information technology

  total $93,553

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $6,000

• 17 · Travel

  total $0

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $3,329

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $28,310

• 23 · Insurance

  total $0

• 24a · Other expenses: Loan & card servicing

  total $73,475

• 24b · Other expenses: Provision for loan loss

  total $27,000

• 24c · Other expenses: Member insurance

  total $23,314

• 24d · Other expenses: Quarterly statements

  total $19,500

• 24e · All other expenses

  total $82,343

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $4,450,638 · end of year $5,277,698

• 3 · Pledges and grants receivable

  end of year $0

• 4 · Accounts receivable

  end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $25,305,659 · end of year $23,152,806

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $273,783 · end of year $283,777

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

  $254,181

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

  $223,486

• 10c · Land, buildings and equipment, net

  beginning of year $54,427 · end of year $30,695

• 11 · Investments: publicly traded securities

  end of year $0

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $95,274 · end of year $110,150

• 17 · Accounts payable and accrued expenses

  beginning of year $66,451 · end of year $77,946

• 25 · Other liabilities

  beginning of year $27,305,029 · end of year $25,959,412

• 31 · Retained earnings, endowment or other funds

  beginning of year $2,808,301 · end of year $2,817,768

Itemized on Schedule J with no Part VII listing of the same name on this return: