Totals
- Total revenue
- $1,024,711
- Total expenses
- $894,317
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $549,109
- Investment income
- $202,552
- Other revenue
- $273,050
- Total assets, end of year
- $36,629,276
- Total liabilities, end of year
- $33,463,140
- Net assets or fund balances, end of year
- $3,166,136
- 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: INTEREST ON LOANS
total $549,109 · related or exempt $549,109
-
3 · Investment income
total $202,552 · related or exempt $202,552
-
11a · Other revenue: OTHER INCOME
total $158,273 · related or exempt $158,273
-
11b · Other revenue: FEES AND CHARGES
total $114,777 · related or exempt $114,777
-
11e · Other revenue, total
$273,050
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $94,711
-
7 · Other salaries and wages
total $174,311
-
8 · Pension plan contributions
total $21,864
-
9 · Other employee benefits
total $62,832
-
10 · Payroll taxes
total $20,642
-
11b · Fees: legal
total $4,200
-
11c · Fees: accounting
total $12,154
-
11g · Fees: other
total $117,735
-
12 · Advertising and promotion
total $18,212
-
13 · Office expenses
total $76,084
-
14 · Information technology
total $17,655
-
16 · Occupancy
total $32,827
-
19 · Conferences, conventions and meetings
total $8,903
-
20 · Interest
total $21,198
-
22 · Depreciation, depletion and amortization
total $3,910
-
23 · Insurance
total $23,035
-
24a · Other expenses: LOAN SERVICING
total $168,859
-
24b · Other expenses: MEMBER DIVIDENDS
total $21,198
-
24c · Other expenses: ASSOCIATION DUES
total $1,735
-
24d · Other expenses: PROVISION FOR LOAN LOSS
total -$7,748
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $214,963 · end of year $260,139
-
7 · Other notes and loans receivable
beginning of year $8,473,825 · end of year $11,765,298
-
9 · Prepaid expenses and deferred charges
beginning of year $41,685 · end of year $35,210
-
10a · Land, buildings and equipment: cost or other basis
$48,292
-
10b · Land, buildings and equipment: accumulated depreciation
$30,349
-
10c · Land, buildings and equipment, net
beginning of year $1,502 · end of year $17,943
-
12 · Investments: other securities
beginning of year $19,117,366 · end of year $24,111,290
-
15 · Other assets
beginning of year $290,621 · end of year $439,396
-
17 · Accounts payable and accrued expenses
beginning of year $59,488 · end of year $107,876
-
25 · Other liabilities
beginning of year $25,796,796 · end of year $33,355,264
-
31 · Retained earnings, endowment or other funds
beginning of year $2,283,678 · end of year $3,166,136
Mission and programs · 2022
Mission
STATE CHARTERED CREDIT UNION.
Activities or mission (Part I)
STATE CHARTERED CREDIT UNION WITH A STANDARD OF MEMBERS HELPING MEMBERS AND PERSONALIZED INDIVIDUAL SERVICE.
-
LOAN AND SHARE PRODUCTS TO APPROXIMATELY 3,667 MEMBERS.
As filed on the 2022 return.
Listed in Part VII
-
David F BrokawDAVID F BROKAW
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Charles BlumeCHARLES BLUME
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Brian SecorBRIAN SECOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ben RossBEN ROSS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sara MaclaughlinSARA MACLAUGHLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian K ShanahanBRIAN K SHANAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim KellyJIM KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John PerryJOHN PERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh CainJOSH CAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer MulliganJENNIFER MULLIGAN
CEO
- Total calculated
- $116,851
- From this org
- $94,711
- From related orgs
- $0
- Other
- $22,140
- 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
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349317812
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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