Totals
- Total revenue
- $3,217,113
- Total expenses
- $2,949,537
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,476,344
- Investment income
- $283,250
- Other revenue
- $457,519
- Total assets, end of year
- $60,404,934
- Total liabilities, end of year
- $51,504,771
- Net assets or fund balances, end of year
- $8,900,163
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
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 $2,243,557 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Fees and Charges
total $232,787 · unrelated business $0 · excluded $0
-
3 · Investment income
total $283,250 · unrelated business $0 · excluded $0
-
11a · Other revenue: MISCELLANEOUS
total $457,519 · related or exempt $457,519 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$457,519
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $263,286 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $682,846 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $228,864 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $76,139 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $26,177 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $12,084 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $22,143 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $45,193 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $677,963 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $192,643 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $32,060 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $52 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: LOAN SERVICING EXPENSE
total $110,711 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: DUES
total $15,542 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: DIVIDENDS
total $270,805 · program services $0 · management and general $0 · fundraising $0
-
24d · Other expenses: PROVISION FOR LOAN LOSSES
total $282,482 · program services $0 · management and general $0 · fundraising $0
-
24e · All other expenses
total $10,547 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $501,334 · end of year $466,127
-
2 · Savings and temporary cash investments
beginning of year $2,361,696 · end of year $1,697,902
-
7 · Other notes and loans receivable
beginning of year $41,373,107 · end of year $42,777,466
-
9 · Prepaid expenses and deferred charges
beginning of year $40,669 · end of year $48,914
-
10a · Land, buildings and equipment: cost or other basis
$2,420,213
-
10b · Land, buildings and equipment: accumulated depreciation
$815,751
-
10c · Land, buildings and equipment, net
beginning of year $1,676,307 · end of year $1,604,462
-
11 · Investments: publicly traded securities
beginning of year $16,968,574 · end of year $12,900,675
-
15 · Other assets
beginning of year $1,153,328 · end of year $909,388
-
17 · Accounts payable and accrued expenses
beginning of year $202,903 · end of year $210,224
-
25 · Other liabilities
beginning of year $55,239,525 · end of year $51,294,547
-
31 · Retained earnings, endowment or other funds
beginning of year $8,632,587 · end of year $8,900,163
Mission and programs · 2023
Mission
TO PROVIDE SECURITY OF SAVINGS AND SELECTED FINANCIAL SERVICES TO ITS MEMBERS IN A CONVENIENT, RESPONSIVE MANNER, AT COMPETITIVE RATES, WHILE MAINTAINING FINANCIAL STABILITY AND ADEQUATE
-
Provided over 14,000 consumer and real estate loans.
-
Received deposits on member share type accounts in excess of 8,900 members.
As filed on the 2023 return.
Listed in Part VII
-
Beverly BowlbyBEVERLY BOWLBY
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
John ChaneyJOHN CHANEY
DIRECTOR/SUPERVISORY
- Total calculated
- $0
- Hours/week
- 1
-
Charles BartonCHARLES BARTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tim MayTIM MAY
DIRECTOR/CREDIT
- Total calculated
- $0
- Hours/week
- 1
-
Chris CulpCHRIS CULP
DIRECTOR/CREDIT
- Total calculated
- $0
- Hours/week
- 1
-
Kevin BesserKEVIN BESSER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Debbie LittlefieldDEBBIE LITTLEFIELD
SUPERVISORY
- Total calculated
- $0
- Hours/week
- 1
-
Ruth AndersonRUTH ANDERSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Thomas StassiTHOMAS STASSI
DIRECTOR/CREDIT
- Total calculated
- $0
- Hours/week
- 1
-
Joseph ErwinJOSEPH ERWIN
DIRECTOR/NOMINATING
- Total calculated
- $0
- Hours/week
- 1
-
Lance ForsterLANCE FORSTER
DIRECTOR/COMPENSATION
- Total calculated
- $0
- Hours/week
- 1
-
Chad MooreCHAD MOORE
DIRECTOR/NOMINATING
- Total calculated
- $0
- Hours/week
- 1
-
Patricia CainPATRICIA CAIN
SUPERVISORY COMM
- Total calculated
- $0
- Hours/week
- 1
-
Patrick HeneghanPATRICK HENEGHAN
COMPENSATION COMM
- Total calculated
- $0
- Hours/week
- 1
-
Kara JohnstonKARA JOHNSTON
CEO
- Total calculated
- $142,790
- From this org
- $129,590
- From related orgs
- $0
- Other
- $13,200
- Hours/week
- 40
-
Ann WildmanANN WILDMAN
COO
- Total calculated
- $120,496
- From this org
- $107,296
- From related orgs
- $0
- Other
- $13,200
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349316650
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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