Totals
- Total revenue
- $3,875,419
- Total expenses
- $3,399,729
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $3,027,429
- Investment income
- $847,990
- Other revenue
- $0
- Total assets, end of year
- $90,277,336
- Total liabilities, end of year
- $78,848,678
- Net assets or fund balances, end of year
- $11,428,658
- Program services expenses (Part IX)
- $3,399,729
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,399,729
Program services were 100.0% 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 income on loa
total $2,175,902 · related or exempt $2,175,902
-
2b · Program service revenue: Fee income
total $439,419 · related or exempt $439,419
-
2c · Program service revenue: Miscellaneous operatin
total $412,108 · related or exempt $412,108
-
3 · Investment income
total $855,271 · excluded $855,271
-
7b · Less cost or other basis and sales expenses
securities $7,281
-
7c · Gain or loss
securities -$7,281
-
7d · Net gain or loss
total -$7,281 · related or exempt -$7,281
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $149,833 · program services $149,833
-
7 · Other salaries and wages
total $913,331 · program services $913,331
-
8 · Pension plan contributions
total $60,618 · program services $60,618
-
9 · Other employee benefits
total $97,948 · program services $97,948
-
10 · Payroll taxes
total $82,044 · program services $82,044
-
11f · Fees: investment management
total $5,985 · program services $5,985
-
11g · Fees: other
total $296,345 · program services $296,345
-
12 · Advertising and promotion
total $67,139 · program services $67,139
-
13 · Office expenses
total $392,391 · program services $392,391
-
14 · Information technology
total $51,360 · program services $51,360
-
16 · Occupancy
total $107,327 · program services $107,327
-
17 · Travel
total $37,074 · program services $37,074
-
19 · Conferences, conventions and meetings
total $9,120 · program services $9,120
-
20 · Interest
total $476,130 · program services $476,130
-
22 · Depreciation, depletion and amortization
total $140,511 · program services $140,511
-
23 · Insurance
total $44,169 · program services $44,169
-
24a · Other expenses: Provision for loan loss
total $232,289 · program services $232,289
-
24b · Other expenses: Sharedraft & ATM expens
total $189,448 · program services $189,448
-
24c · Other expenses: Other operating expense
total $26,886 · program services $26,886
-
24d · Other expenses: Association dues
total $19,781 · program services $19,781
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $714,430 · end of year $457,728
-
2 · Savings and temporary cash investments
beginning of year $32,444,069 · end of year $33,693,852
-
7 · Other notes and loans receivable
beginning of year $46,237,492 · end of year $48,978,177
-
9 · Prepaid expenses and deferred charges
beginning of year $1,276,810
-
10a · Land, buildings and equipment: cost or other basis
$2,745,084
-
10b · Land, buildings and equipment: accumulated depreciation
$963,401
-
10c · Land, buildings and equipment, net
beginning of year $1,889,977 · end of year $1,781,683
-
12 · Investments: other securities
beginning of year $10,223,171 · end of year $3,886,004
-
15 · Other assets
beginning of year $1,038,060 · end of year $1,479,892
-
17 · Accounts payable and accrued expenses
beginning of year $588,329 · end of year $525,786
-
24 · Unsecured notes and loans payable
beginning of year $1,598,958 · end of year $0
-
25 · Other liabilities
beginning of year $80,683,754 · end of year $78,322,892
-
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 $10,952,968 · end of year $11,428,658
Mission and programs · 2023
Mission
Credit Union is a not-for-profit, member-owned financial institution, we work hard to ensure the credit union philosophy of people helping people. We offer a full line of products and services.
-
To promote thrift & provide low cost loans among members. This is accomplished on a co-operative basis for the mutual benefit of those in their field of membership.
Expenses $3,399,729
As filed on the 2023 return.
Listed in Part VII
-
Jeff Perz
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Barry Weiss
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Cecelia Larguara
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Donald Bowman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joanne Durkel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ronald Harper
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tom Pysh
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jason Harrigan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mitch Hershberger
Director
- Total calculated
- $0
- Hours/week
- 1
-
James Falls
CEO
- Total calculated
- $149,833
- From this org
- $114,505
- From related orgs
- $0
- Other
- $35,328
- 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
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349317285
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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