Totals
- Total revenue
- $254,115
- Total expenses
- $252,240
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $238,242
- Investment income
- $15,873
- Other revenue
- $0
- Total assets, end of year
- $5,281,332
- Total liabilities, end of year
- $4,712,315
- Net assets or fund balances, end of year
- $569,017
- Program services expenses (Part IX)
- $21,996
- Management and general expenses
- $230,244
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $21,996
Program services were 8.7% 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 to members
total $207,610 · related or exempt $207,610 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Fee income from members
total $11,609 · related or exempt $11,609 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Other Operating Income
total $19,023 · related or exempt $19,023 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $15,873 · related or exempt $15,873 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $21,996 · program services $21,996
-
5 · Compensation of officers, directors and key employees
total $126,400 · management and general $126,400
-
10 · Payroll taxes
total $9,633 · management and general $9,633
-
11c · Fees: accounting
total $5,500 · management and general $5,500
-
12 · Advertising and promotion
total $3,898 · management and general $3,898
-
13 · Office expenses
total $28,536 · management and general $28,536
-
14 · Information technology
total $21,031 · management and general $21,031
-
16 · Occupancy
total $8,160 · management and general $8,160
-
19 · Conferences, conventions and meetings
total $1,120 · management and general $1,120
-
23 · Insurance
total $5,721 · management and general $5,721
-
24a · Other expenses: Loan Servicing Expense
total $4,150 · program services $0 · management and general $4,150 · fundraising $0
-
24b · Other expenses: Annual Meeting Expenses
total $600 · program services $0 · management and general $600 · fundraising $0
-
24c · Other expenses: Dues to Credit Union Organizations
total $4,007 · program services $0 · management and general $4,007 · fundraising $0
-
24d · Other expenses: Provision for Loan Loss
total $11,488 · program services $0 · management and general $11,488 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,849 · end of year $29,259
-
2 · Savings and temporary cash investments
beginning of year $1,709,921 · end of year $856,167
-
5 · Loans and receivables from officers and key people
beginning of year $106,119 · end of year $128,191
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $3,647,533 · end of year $4,203,157
-
9 · Prepaid expenses and deferred charges
beginning of year $0
-
13 · Investments: program-related
beginning of year $62,349 · end of year $64,558
-
17 · Accounts payable and accrued expenses
beginning of year $8,813 · end of year -$8,681
-
25 · Other liabilities
beginning of year $4,955,816 · end of year $4,720,996
-
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 $567,142 · end of year $569,017
Mission and programs · 2022
Mission
State Chartered Credit Union
Activities or mission (Part I)
State-chartered Credit Union
-
Interest Paid (dividends) to 719 member accounts.
Expenses $20,796
-
Donations to Latvian cultural, educational, and sports organizations composed primary of members of those eligible for membership.
Expenses $1,200
-
N/A
As filed on the 2022 return.
Listed in Part VII
-
Santa Kalnite
CEO
- Total calculated
- $72,350
- From this org
- $72,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Zinta Pone
Manager
- Total calculated
- $48,650
- From this org
- $48,650
- From related orgs
- $0
- Other
- $0
- Hours/week
- 28
-
Vanesa Putnina
Supervisory Committee
- Total calculated
- $960
- From this org
- $960
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Kristine Girbe
Supervisory Committee
- Total calculated
- $920
- From this org
- $920
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Imants Pone
Supervisory Committee
- Total calculated
- $880
- From this org
- $880
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Arnold Ozols
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Peter Grotans
President of the Board of Directors
- Total calculated
- $0
- Hours/week
- 1
-
Michael Giga
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Eriks Strelnieks
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Vilnis Stolcers
Board member
- Total calculated
- $0
- Hours/week
- 1
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
- 3 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311249349301101
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.