Decatur Stanolind Credit Union
- Assets
- $3.2m
- Revenue
- $58.3k
- Investments
- $1.3m
- Employees
- 1
- Location
- Decatur, IL
- Founding
- Data as of
- 12/2016
- EIN
- 37-0604415
Organization Overview
Decatur Stanolind Credit Union is located in Decatur, IL. Decatur Stanolind Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2016, Decatur Stanolind Credit Union generated $58.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $124.6k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
CREDIT UNION OPERATED FOR MUTUAL PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES APPROXIMATELY 515 MEMBER SHARE ACCOUNTS AND 95 LOAN ACCOUNTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Fry Manager/president | Officer | 40 | $59,592 |
Monte Prasun Supervisory Committee Chairperson | Trustee | 0.5 | $0 |
David Hannel Director | Trustee | 0.5 | $0 |
Andy Yborra Treasurer | Trustee | 2 | $0 |
Marjorie Butler Director | Trustee | 0.5 | $0 |
Gary Price Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,111 |
| Investment income | $27,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $59,592 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,476 |
| Payroll taxes | $4,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,255 |
| Advertising and promotion | $419 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,960 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,509 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,443 |
| All other expenses | $0 |
| Total functional expenses | $124,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,415 |
| Savings and temporary cash investments | $1,058,410 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $634,736 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,995 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,420 |
| Investments—other securities | $1,300,176 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,962 |
| Total assets | $3,201,114 |
| Accounts payable and accrued expenses | $7,923 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,539,514 |
| Total liabilities | $2,547,437 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $653,677 |
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