Totals
- Total revenue
- $1,520,814
- Total expenses
- $871,740
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,348,194
- Investment income
- $69,867
- Other revenue
- $102,753
- Total assets, end of year
- $28,708,292
- Total liabilities, end of year
- $24,574,624
- Net assets or fund balances, end of year
- $4,133,668
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $871,740
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $871,740
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 $1,038,948 · related or exempt $1,038,948
-
2b · Program service revenue: FEE INCOME
total $309,246 · related or exempt $309,246
-
3 · Investment income
total $69,867 · related or exempt $69,867
-
11a · Other revenue: OTHER OPERATING INCOME
total $54,224 · related or exempt $54,224
-
11b · Other revenue: OTHER INTEREST INCOME
total $48,529 · related or exempt $48,529
-
11e · Other revenue, total
$102,753
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $305,417 · management and general $305,417
-
8 · Pension plan contributions
total $5,812 · management and general $5,812
-
9 · Other employee benefits
total $17,221 · management and general $17,221
-
10 · Payroll taxes
total $23,843 · management and general $23,843
-
13 · Office expenses
total $98,967 · management and general $98,967
-
16 · Occupancy
total $58,554 · management and general $58,554
-
19 · Conferences, conventions and meetings
total $3,920 · management and general $3,920
-
20 · Interest
total $56,574 · management and general $56,574
-
24a · Other expenses: PROF & OUTSIDE SERVICES
total $224,188 · management and general $224,188
-
24b · Other expenses: LOAN SERVICING EXP
total $29,873 · management and general $29,873
-
24c · Other expenses: EDUCATIONAL & PROMO
total $26,488 · management and general $26,488
-
24d · Other expenses: MISC OPERATING EXP
total $12,432 · management and general $12,432
-
24e · All other expenses
total $8,451 · management and general $8,451
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,040,016 · end of year $2,112,596
-
2 · Savings and temporary cash investments
beginning of year $3,178,000 · end of year $1,296,000
-
4 · Accounts receivable
beginning of year $21,279,514 · end of year $24,549,532
-
9 · Prepaid expenses and deferred charges
beginning of year $185,684 · end of year $81,828
-
10a · Land, buildings and equipment: cost or other basis
$941,890
-
10b · Land, buildings and equipment: accumulated depreciation
$584,858
-
10c · Land, buildings and equipment, net
beginning of year $320,989 · end of year $357,032
-
12 · Investments: other securities
beginning of year $13,822 · end of year $13,793
-
15 · Other assets
beginning of year $259,587 · end of year $297,511
-
17 · Accounts payable and accrued expenses
beginning of year $559,242 · end of year $319,058
-
25 · Other liabilities
beginning of year $23,233,773 · end of year $24,255,566
-
29 · Capital stock, trust principal or current funds
beginning of year $638,630 · end of year $638,630
-
31 · Retained earnings, endowment or other funds
beginning of year $2,845,967 · end of year $3,495,038
Mission and programs · 2022
Mission
CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,747 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
Activities or mission (Part I)
CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.
-
THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
Expenses $815,166
-
THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
Expenses $56,574
-
GRANT FROM NCUA-OSCUI FOR NEW PRODUCT AND EDUCATION. THE GRANT WAS APPROVED IN 2014 AND DISBURSED IN 2015 FIOR 6,500 AND 4,000.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brandon HoffmanBRANDON HOFFMAN
PRESIDENT/CE
- Total calculated
- $78,754
- From this org
- $74,900
- From related orgs
- $0
- Other
- $3,854
- Hours/week
- 40
-
Tanya FearTANYA FEAR
CEO/ALCO COM
- Total calculated
- $94,458
- From this org
- $85,486
- From related orgs
- $0
- Other
- $8,972
- Hours/week
- 40
-
Brian RothmanBRIAN ROTHMAN
VICE CHAIRPE
- Total calculated
- $0
- Hours/week
- 1
-
Bruce KoehlerBRUCE KOEHLER
TREAS/ALCO C
- Total calculated
- $117,000
- From this org
- $117,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
John BigelowJOHN BIGELOW
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth WilliamsKENNETH WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lynn McGregorLYNN MCGREGOR
AUDIT COM CH
- Total calculated
- $0
- Hours/week
- 1
-
Olga GonzalezOLGA GONZALEZ
AUDIT COM ME
- 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
- 15 March 2023
- IRS schema version
- 2022v4.1
- Source object
- 202310599349300826
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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