Form 990 for tax year 2022
Filed by STATE CHARTERED CREDIT UNIONS IN LOUISIANA.
Totals
- Total revenue
- $5,847
- Total expenses
- $13,427
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,358
- Investment income
- $1,484
- Other revenue
- $5
- Total assets, end of year
- $714,589
- Total liabilities, end of year
- $513,148
- Net assets or fund balances, end of year
- $201,441
- Program services expenses (Part IX)
- $13,427
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $13,427
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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Interest on Loans
total $4,358 · related or exempt $4,358 · 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 $1,484 · related or exempt $1,484 · 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
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: Membership Fee
total $5 · related or exempt $5 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$5
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $5,307 · program services $5,307
-
10 · Payroll taxes
total $392 · program services $392
-
11c · Fees: accounting
total $1,000 · program services $1,000
-
13 · Office expenses
total $3,182 · program services $3,182
-
14 · Information technology
total $1,064 · program services $1,064
-
21 · Payments to affiliates
total $528 · program services $528
-
23 · Insurance
total $1,954 · program services $1,954
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $282,601 · end of year $215,892
-
6 · Loans and receivables from disqualified persons
beginning of year $155,538 · end of year $133,340
-
9 · Prepaid expenses and deferred charges
beginning of year $1,052 · end of year $1,097
-
10a · Land, buildings and equipment: cost or other basis
$7,698
-
10b · Land, buildings and equipment: accumulated depreciation
$7,698
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $285,677 · end of year $359,001
-
15 · Other assets
beginning of year $4,667 · end of year $5,259
-
17 · Accounts payable and accrued expenses
beginning of year $2,212 · end of year $1,167
-
25 · Other liabilities
beginning of year $518,302 · end of year $511,981
-
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 $209,021 · end of year $201,441
Mission and programs · 2022
Mission
This organization provides opportunity for the underserved segment of the population to invest money and receive a competitive return on their investment and make loans to purchase vehicles, etc. at a reasonable rate
Activities or mission (Part I)
This organization provides opportunity for the underserved segment of the population to invest money and receive a competitive return on their investment and make loans to purchase vehicles, etc. at a reasonable rate.
-
This organization provides opportunity for the underserved segment of the population to invest money and receive a competitive return on their investment and make loans to purchase vehicles, etc. at a reasonable rate.
Expenses $13,427 · Revenue $5,847
-
This organization provides opportunities for the underserved segment of the population to invest money and receive a competitive return on their investment and make loans to purchase vehicles, etc. at a reasonable rate.
As filed on the 2022 return.
Listed in Part VII
-
Carol A Gaines
Manager
- Total calculated
- $5,808
- From this org
- $2,904
- From related orgs
- $0
- Other
- $2,904
- Hours/week
- 4.5
-
Shirley Auzenne
Teller
- Total calculated
- $4,404
- From this org
- $2,202
- From related orgs
- $0
- Other
- $2,202
- Hours/week
- 4.5
-
Henry Eaglin
Security Officer
- Total calculated
- $400
- From this org
- $200
- From related orgs
- $0
- Other
- $200
- Hours/week
- 4
-
John Cedric Dauphin
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Betty Brown
Vice-Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Jeanette Granger
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Constance Auzenne
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sonya Anderson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Doretha Johnson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Revered Father Gus Wall
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
- 9 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311319349300716
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.