Totals
- Total revenue
- $18,157,504
- Total expenses
- $16,363,570
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $11,863,371
- Investment income
- $1,265,634
- Other revenue
- $5,028,499
- Total assets, end of year
- $514,929,234
- Total liabilities, end of year
- $20,317,334
- Net assets or fund balances, end of year
- $494,611,900
- 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: INTEREST ON LOANS
total $11,863,371 · related or exempt $11,863,371
-
3 · Investment income
total $1,265,634 · related or exempt $1,265,634
-
11a · Other revenue: FEES
total $3,172,587 · related or exempt $3,172,587
-
11b · Other revenue: MISCELLANEOUS
total $1,855,912 · related or exempt $1,819,927 · unrelated business $35,985
-
11e · Other revenue, total
$5,028,499
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $743,179
-
7 · Other salaries and wages
total $4,100,447
-
8 · Pension plan contributions
total $117,438
-
9 · Other employee benefits
total $125,364
-
10 · Payroll taxes
total $363,378
-
11b · Fees: legal
total $7,358
-
11c · Fees: accounting
total $43,370
-
12 · Advertising and promotion
total $404,228
-
13 · Office expenses
total $106,674
-
16 · Occupancy
total $817,830
-
17 · Travel
total $15,040
-
19 · Conferences, conventions and meetings
total $54,595
-
22 · Depreciation, depletion and amortization
total $118,133
-
24a · Other expenses: EXPENSES ASSOCIATED WIT
total $3,454
-
24b · Other expenses: OTHER OPERATIONS EXPENS
total $5,464,863
-
24c · Other expenses: DIVIDEND EXPENSE
total $3,015,132
-
24d · Other expenses: OUTSIDE SERVICES
total $664,549
-
24e · All other expenses
total $198,538
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,445,220 · end of year $1,684,238
-
2 · Savings and temporary cash investments
beginning of year $125,960,525 · end of year $127,031,485
-
4 · Accounts receivable
beginning of year $173,826 · end of year $182,575
-
7 · Other notes and loans receivable
beginning of year $315,973,586 · end of year $358,726,166
-
9 · Prepaid expenses and deferred charges
beginning of year $91,312 · end of year $68,081
-
10a · Land, buildings and equipment: cost or other basis
$18,981,381
-
10b · Land, buildings and equipment: accumulated depreciation
$5,403,433
-
10c · Land, buildings and equipment, net
beginning of year $13,894,054 · end of year $13,577,948
-
11 · Investments: publicly traded securities
beginning of year $610,160 · end of year $578,869
-
15 · Other assets
beginning of year $18,585,293 · end of year $13,079,872
-
17 · Accounts payable and accrued expenses
beginning of year $1,654,226 · end of year $20,317,334
-
29 · Capital stock, trust principal or current funds
beginning of year $429,557,894 · end of year $448,953,756
-
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 $45,521,856 · end of year $45,658,144
Mission and programs · 2022
Mission
WE ARE A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL INSTITUTION. OUR MISSION: WE ARE A COOPERATIVE FORMED FOR THE SOLE PURPOSE OF IMPROVING THE FINANCIAL WELLBEING OF OUR MEMBERS.
Activities or mission (Part I)
WE ARE A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL INSTITUTION. OUR MISSION: WE ARE A COOPERATIVE FORMED FOR THE SOLE PURPOSE OF IMPROVING THE FINANCIAL WELL BEING OF OUR MEMBERS.
-
THIS IS NOT APPLICABLE TO THE CREDIT UNION.
As filed on the 2022 return.
Listed in Part VII
-
Dennis MesserDENNIS MESSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel MurphyDANIEL MURPHY
VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
C David TaylorC DAVID TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan S OchsSUSAN S OCHS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tyrone UgarteTYRONE UGARTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark FoxMARK FOX
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
David AaronsonDAVID AARONSON
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Charles Hertlein JrCHARLES HERTLEIN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carrie CoxCARRIE COX
CFO
- Total calculated
- $150,124
- From this org
- $140,721
- From related orgs
- $0
- Other
- $9,403
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,934
- Bonus
- $10,787
- Other
- $0
- Deferred
- $3,923
- Nontaxable benefits
- $5,480
- Filer's total
- $150,124
-
Todd CainTODD CAIN
PRESIDENT/CEO (CURRENT)
- Total calculated
- $0
- Hours/week
- 40
-
Carl FiteCARL FITE
VP INFORMATION SYSTEM
- Total calculated
- $140,153
- From this org
- $133,188
- From related orgs
- $0
- Other
- $6,965
- Hours/week
- 40
-
Margaret MoffittMARGARET MOFFITT
VP OPERATIONS
- Total calculated
- $149,721
- From this org
- $135,121
- From related orgs
- $0
- Other
- $14,600
- Hours/week
- 40
-
Art KremerART KREMER
PRESIDENT/CEO (FORMER)
- Total calculated
- $353,300
- From this org
- $334,149
- From related orgs
- $0
- Other
- $19,151
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $287,587
- Bonus
- $31,181
- Other
- $15,381
- Deferred
- $10,920
- Nontaxable benefits
- $8,231
- Filer's total
- $353,300
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349316389
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.