Motor Coach Employees Credit Union is located in East St Louis, IL. The organization was established in 1965. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2018, Motor Coach Employees Credit Union employed 4 individuals. Motor Coach Employees 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 12/2018, Motor Coach Employees Credit Union generated $191.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $215.4k during the year ending 12/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COOPERATIVE FINANCIAL SERVICES TO THE FOLLOWING GROUPS: EMPLOYEES OF METRO (FORMERLY BI-STATE DEVELOPMENT AGENCY), LAIDLAW, CASINO QUEEN AND THEIR FAMILY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COOPERATIVE FINANCIAL SERVICES TO 1,297 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vonzetta Lewis Treasurer | OfficerTrustee | 3.5 | $51,272 |
Leon Holder Chairman | OfficerTrustee | 3.5 | $0 |
Willie Gardner Vice Chairman | OfficerTrustee | 3.5 | $0 |
Richard Wade Secretary | OfficerTrustee | 3.5 | $0 |
Alta Davis Warner Director | Trustee | 3.5 | $0 |
Charles Jones Director | Trustee | 3.5 | $0 |
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 | $176,566 |
Investment income | $14,654 |
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 | $191,220 |
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 | $0 |
Compensation of current officers, directors, key employees. | $51,272 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,962 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,444 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $53,193 |
Advertising and promotion | $0 |
Office expenses | $22,392 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,431 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,491 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $215,367 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $89,441 |
Savings and temporary cash investments | $1,095,435 |
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 | $842,052 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,251 |
Net Land, buildings, and equipment | $6,018 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $18,410 |
Total assets | $2,060,607 |
Accounts payable and accrued expenses | $387 |
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 | $0 |
Total liabilities | $387 |
Unrestricted restricted net Assets | $1,715,199 |
Temporarily restricted net Assets | $71,000 |
Permanently restricted net Assets or current funds | $274,021 |
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 | $2,060,220 |
Organization Name | Assets | Revenue |
---|---|---|
Ih Mississippi Valley Credit Union Moline, IL | $1,832,277,197 | $105,810,576 |
Commonwealth Credit Union Frankfort, KY | $1,891,090,350 | $88,350,902 |
Department Of Financial Institution Division Of Credit Unions In Ind Columbus, IN | $1,964,165,275 | $88,438,069 |
Forum Credit Union Indianapolis, IN | $1,879,317,913 | $93,129,055 |
Scott Credit Union Edwardsville, IL | $1,647,347,103 | $74,654,217 |
Deere Employees Credit Union Moline, IL | $1,799,657,083 | $82,112,773 |
Credit Union 1 Rantoul, IL | $1,226,789,437 | $72,991,911 |
Interra Credit Union Goshen, IN | $1,620,181,637 | $68,430,398 |
Park Community Credit Union Inc Louisville, KY | $1,121,794,262 | $53,014,034 |
Beacon Credit Union Wabash, IN | $1,514,735,601 | $47,143,377 |
Vibrant Credit Union Moline, IL | $1,061,532,656 | $50,336,419 |
Indiana University Credit Union Bloomington, IN | $1,349,340,515 | $48,794,263 |