Form 990 for tax year 2023
Filed by RESPONDERS EMERGENCY SERVICES CREDIT UNION.
Totals
- Total revenue
- $2,624,943
- Total expenses
- $1,890,530
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,074,012
- Investment income
- $550,931
- Other revenue
- $0
- Total assets, end of year
- $58,327,016
- Total liabilities, end of year
- $49,501,019
- Net assets or fund balances, end of year
- $8,825,997
- 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 INCOME
total $1,396,155 · related or exempt $1,396,155
-
2b · Program service revenue: FEE INCOME
total $401,609 · related or exempt $401,609
-
2c · Program service revenue: INTERCHANGE INCOME
total $201,975 · related or exempt $201,975
-
2d · Program service revenue: INCOME FROM WARRANTY SALES
total $74,273 · unrelated business $74,273
-
3 · Investment income
total $550,931 · excluded $550,931
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $303,801
-
5 · Compensation of officers, directors and key employees
total $115,346
-
7 · Other salaries and wages
total $436,430
-
8 · Pension plan contributions
total $42,466
-
9 · Other employee benefits
total $37,891
-
10 · Payroll taxes
total $56,318
-
11b · Fees: legal
total $4,364
-
11c · Fees: accounting
total $47,416
-
11g · Fees: other
total $12,844
-
12 · Advertising and promotion
total $33,325
-
13 · Office expenses
total $105,691
-
14 · Information technology
total $74,978
-
16 · Occupancy
total $51,461
-
17 · Travel
total $7,488
-
19 · Conferences, conventions and meetings
total $39,807
-
20 · Interest
total $7,463
-
22 · Depreciation, depletion and amortization
total $86,064
-
23 · Insurance
total $30,327
-
24a · Other expenses: UBIT TAX
total $920
-
24b · Other expenses: LOAN SERVICING FEES
total $212,274
-
24c · Other expenses: OTHER EXPENSES
total $105,876
-
24d · Other expenses: DATA PROCESSING
total $46,518
-
24e · All other expenses
total $31,462
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,890,258 · end of year $2,975,954
-
2 · Savings and temporary cash investments
beginning of year $12,080,853 · end of year $7,754,952
-
4 · Accounts receivable
end of year $12,613
-
5 · Loans and receivables from officers and key people
beginning of year $1,024,000 · end of year $1,024,000
-
7 · Other notes and loans receivable
beginning of year $32,655,336 · end of year $39,388,534
-
9 · Prepaid expenses and deferred charges
beginning of year $67,797 · end of year $68,216
-
10a · Land, buildings and equipment: cost or other basis
$1,119,169
-
10b · Land, buildings and equipment: accumulated depreciation
$689,802
-
10c · Land, buildings and equipment, net
beginning of year $397,794 · end of year $429,367
-
12 · Investments: other securities
beginning of year $6,329,106 · end of year $5,970,548
-
15 · Other assets
beginning of year $319,855 · end of year $702,832
-
17 · Accounts payable and accrued expenses
beginning of year $190,819 · end of year $295,708
-
25 · Other liabilities
beginning of year $52,108,415 · end of year $49,205,311
-
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 $7,465,765 · end of year $8,825,997
Mission and programs · 2023
Mission
RESPONDERS EMERGENCY SERVICES CREDIT UNION IS COMMITTED TO PROVIDING SUPERIOR FINANCIAL SERVICES TO OUR CIVIL FIRST RESPONDERS COMMUNITIES.
Activities or mission (Part I)
PROVIDE SUPERIOR FINANCIAL SERVICES TO OUR CIVIL FIRST RESPONDER COMMUNITIES.
-
RESPONDERS EMERGENCY SERVICES CREDIT UNION OFFERS FINANCIAL SERVICES TO ITS MEMBERS. THESE SERVICES INCLUDE LOANS, CHECKING AND VARIOUS SAVINGS ACCOUNTS. ALL EXPENDITURES OF THE CREDIT UNION ARE TO FACILITATE AND ENHANCE THESE SERVICES.
As filed on the 2023 return.
Listed in Part VII
-
Ryan SniderRYAN SNIDER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Earl HowertonEARL HOWERTON
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1.5
-
John YenJOHN YEN
2ND VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1.5
-
Thomas RoseTHOMAS ROSE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Dan WatersDAN WATERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Kellee GatelyKELLEE GATELY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Richard PetersonRICHARD PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Joyce LockardJOYCE LOCKARD
CEO/TREASURER
- Total calculated
- $115,346
- From this org
- $97,910
- From related orgs
- $0
- Other
- $17,436
- 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
- 9 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402549349302150
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