State Chartered Credit Unions In Louisiana
- Assets
- $10.9m
- Revenue
- $378.2k
- Investments
- $4.8m
- Employees
- 6
- Location
- Lafayette, LA
- Founding
- Data as of
- 12/2016
- EIN
- 72-0785016
Organization Overview
State Chartered Credit Unions In Louisiana, operating under the name St Jules Credit Union, is located in Lafayette, LA. As of 12/2016, St Jules Credit Union employed 6 individuals. St Jules Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSON IS TO HELP OUR MEMBERS FULFILL THEIR FINANCIAL NEEDS BY PROVIDING THEM WITH THE BEST FINANCIAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CREDIT UNION PROVIDES MEMBERS WITH AN AFFORDABLE SOURCE OF SAVINGS, CHECKING, AND LOANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Letha Briggs Board Member | Trustee | 0 | $0 |
Betty Broussard Secretary, Board Member | Trustee | 0 | $0 |
Allen Begnaud Board Member | Trustee | 0 | $0 |
Leopold Camel Jr Vice President, Board Member | Trustee | 0 | $0 |
Ken Thibodeaux Board Member | Trustee | 0 | $0 |
Joe Lillie President, Board Member | Trustee | 0 | $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 | $0 |
| Investment income | $44,415 |
| 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 | $378,220 |
| 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 | $20,409 |
| Compensation of current officers, directors, key employees. | $131,960 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $5,824 |
| Other employee benefits | $2,270 |
| Payroll taxes | $10,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,462 |
| Office expenses | $34,181 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,534 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,584 |
| Insurance | $17,257 |
| All other expenses | $25,772 |
| Total functional expenses | $441,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,895 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,979,448 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $109,724 |
| Net Land, buildings, and equipment | $308,714 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,816,092 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,855,559 |
| Accounts payable and accrued expenses | $39,036 |
| 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 | $10,014,195 |
| Total liabilities | $10,053,231 |
| 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 | $802,328 |