Civic Central Credit Union
- Assets
- $86.5m
- Revenue
- $3.1m
- Investments
- $32.5m
- Employees
- 15
- Location
- Jefferson City, MO
- Founding
- Data as of
- 12/2023
- EIN
- 44-0524890
Organization Overview
Civic Central Credit Union is located in Jefferson City, MO. As of 12/2023, Civic Central Credit Union employed 15 individuals. Civic Central 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 12/2023, Civic Central Credit Union generated $3.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATIVE PROVIDER OF FINANCIAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 5,524 MEMBERS.
PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2023, LOANS OUTSTANDING TOTALED $39,219,071, INCLUDING PARTICIPATION LOANS.
PAID DIVIDENDS AND INTEREST ON MEMBER DEPOSITS TOTALING $470,894 FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Linhardt Chairperson | Trustee | 1 | $0 |
Jennifer Redel Vice Chairperson | Trustee | 1 | $0 |
Kurtis Kennon Treasurer | Trustee | 1 | $0 |
Jandra Carter Secretary | Trustee | 1 | $0 |
Betty Brown Board Member | Trustee | 1 | $0 |
Jan Harbison Board Member | Trustee | 1 | $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 | $2,214,201 |
| Investment income | $913,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,891 |
| 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 | $3,136,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $99,739 |
| Compensation of current officers, directors, key employees. | $112,970 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $465,881 |
| Pension plan accruals and contributions | $49,079 |
| Other employee benefits | $45,060 |
| Payroll taxes | $39,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60 |
| Fees for services: Accounting | $28,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,990 |
| Fees for services: Other | $288,395 |
| Advertising and promotion | $118,522 |
| Office expenses | $77,965 |
| Information technology | $100,291 |
| Royalties | $0 |
| Occupancy | $51,665 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,758 |
| Interest | $76 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,652 |
| Insurance | $27,003 |
| All other expenses | $24,310 |
| Total functional expenses | $2,238,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,356 |
| Savings and temporary cash investments | $8,123,078 |
| 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 | $39,117,573 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $70,972 |
| Net Land, buildings, and equipment | $1,015,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $32,456,519 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,215,162 |
| Total assets | $86,545,528 |
| Accounts payable and accrued expenses | $101,653 |
| Grants payable | $0 |
| Deferred revenue | $2,962 |
| 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 | $77,807,644 |
| Total liabilities | $77,912,259 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $8,633,269 |
| Total liabilities and net assets/fund balances | $86,545,528 |