{"success":true,"data":{"_id":381719216,"filings":[{"Organization":{"value":null,"Person":["Lynn McCoy","Cari Shanks","Linda Parson","Beverly Lumsden","James Theisen JR","Matthew Wurtzel"],"Title":["CEO","Chairperson","Vice Chair","Director","Secretary","Treasurer"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[106174,0,0,0,0,0],"Direct compensation":[92308,0,0,0,0,0],"Other compensation":[13866,0,0,0,0,0]},"Basic":{"value":null,"mission":"Provide exceptional member service","year":2021,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":17,"Total Gross UBI":4576,"Net unrelated business taxable income":null,"Number of employees":17,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1377061,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1198683,"Total revenue":{"value":1194107,"Debit \\ ATM Income":213011,"Fees and Promotional":87411,"Income From Loans":842823,"Other Program Revenue":35779,"Share Draft Income":15083},"Total other revenue":4576,"Unrelated business revenue":0},"Investment income":{"value":178378,"Investment income total":205891,"Net investment gain":-27513,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1369209,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":484732,"Current officers":106174,"Disqualified persons":0,"Other salaries and wages":302882,"Pension plan contributions":15439,"Other employee benefits":28267,"Payroll taxes":31970},"Other expenses":{"value":884477,"Management services":0,"Legal":32343,"Accounting":8100,"Lobbying services":0,"Investment management fees":0,"Other services":27548,"Advertising":82398,"Office expenses":78169,"Information technology":41304,"Royalties":0,"Occupancy":180914,"Travel":3744,"Conferences and meetings":0,"Interest":78421,"Payments to affiliates":0,"Depreciation and depletion":54061,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":245343,"Debit Card Expense":168561,"Loan Servicing Expenses":37414,"Servicing and Lending Expense":23505,"Online Bill Pay":15863},"All other expenses":52132},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":44790042,"Non-interest bearing cash":1734796,"Savings and temp cash investments":11688501,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":15114139,"Inventories for sale or use":0,"Prepaid expenses deferred charges":41759,"Land, building, equipment":1028531,"Investments publicly traded":14797231,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":385085},"Liabilities":{"value":41406939,"Sum of Total Liabilities":0,"Accounts payable, accrued":18223,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":41388716},"Fund balance":{"value":3383103,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.005701998676892309,"percentile":0.41263306607177686},"Liabilities to Assets Ratio":{"score":0.9244675189186025,"percentile":0.060737865700478344},"Operating Reserve Ratio":{"score":32.71234851655226,"percentile":0.9703378501408273},"Officer Compensation Ratio":{"score":0.07754404185190135,"percentile":0.634109009463519},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.026929157071949077,"percentile":0.4995135575364146},"Asset Growth":{"score":0.05364069228346552,"percentile":0.540551868649643},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5527599582338971,"percentile":0.4654641454464588}},"source_xml":"202222429349300707_public.xml"},{"Organization":{"value":null,"Person":["Lynn McCoy","Cari Shanks","Linda Parson","Beverly Lumsden","James Theisen JR","Matthew Wurtzel"],"Title":["CEO","Chairman","Vice Chairman","Director","Secretary","Treasurer"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[91795,0,0,0,0,0],"Direct compensation":[73997,0,0,0,0,0],"Other compensation":[17798,0,0,0,0,0]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2019,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":17,"Total Gross UBI":5676,"Net unrelated business taxable income":null,"Number of employees":17,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1530202,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1355127,"Total revenue":{"value":1343019,"Debit \\ ATM Income":155054,"Fees and Promotional":76213,"Income From Loans":1026696,"Loan Late Fees":56590,"Share Draft Income":28466},"Total other revenue":12108,"Unrelated business revenue":0},"Investment income":{"value":175075,"Investment income total":175075,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1435962,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":432269,"Current officers":91795,"Disqualified persons":0,"Other salaries and wages":272137,"Pension plan contributions":10485,"Other employee benefits":29958,"Payroll taxes":27894},"Other expenses":{"value":1003693,"Management services":0,"Legal":47486,"Accounting":14000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":84393,"Office expenses":79362,"Information technology":33193,"Royalties":0,"Occupancy":165272,"Travel":4417,"Conferences and meetings":0,"Interest":88968,"Payments to affiliates":0,"Depreciation and depletion":46049,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":358489,"Provision for Loan Losses":156471,"Debit Card Expense":151842,"Loan Servicing Expenses":30588,"Share & Share Draft Expense":19588},"All other expenses":82064},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":30454906,"Non-interest bearing cash":1047866,"Savings and temp cash investments":3580284,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":18300145,"Inventories for sale or use":0,"Prepaid expenses deferred charges":72553,"Land, building, equipment":880470,"Investments publicly traded":5546741,"Investments other":699900,"Investments program related":0,"Intangible assets":0,"Other assets":326947},"Liabilities":{"value":26762717,"Sum of Total Liabilities":0,"Accounts payable, accrued":23746,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":26738971},"Fund balance":{"value":3692189,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.06158664019521606,"percentile":0.5500626798696227},"Liabilities to Assets Ratio":{"score":0.8787653785567422,"percentile":0.06807297376575833},"Operating Reserve Ratio":{"score":21.208713043938488,"percentile":0.9496194520133243},"Officer Compensation Ratio":{"score":0.06392578633696434,"percentile":0.691489865678297},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.04752611602326319,"percentile":0.59585884181619},"Asset Growth":{"score":0.016212413800921015,"percentile":0.3878301358602478},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5813672788341682,"percentile":0.5505016315750213}},"source_xml":"202030979349301303_public.xml"},{"Organization":{"value":null,"Person":["Lynn McCoy","Cari Shanks","Linda Parson","Beverly Lumsden","James Theisen JR","Matthew Wurtzel"],"Title":["CEO","Chairperson","Vice Chair","Director","Secretary","Treasurer"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[119591,0,0,0,0,0],"Direct compensation":[99893,0,0,0,0,0],"Other compensation":[19698,0,0,0,0,0]},"Basic":{"value":null,"mission":"Your financial partner providing personal community and innovative service","year":2022,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":17,"Total Gross UBI":4405,"Net unrelated business taxable income":null,"Number of employees":17,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1424449,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1097797,"Total revenue":{"value":1097797,"Fees and Promotional":144378,"Income From Loans":754861,"Insurance Revenues":4405,"Interchange Income":194153},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":326652,"Investment income total":326652,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1267614,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":482890,"Current officers":119591,"Disqualified persons":0,"Other salaries and wages":289021,"Pension plan contributions":3693,"Other employee benefits":37204,"Payroll taxes":33381},"Other expenses":{"value":784724,"Management services":0,"Legal":28234,"Accounting":14400,"Lobbying services":0,"Investment management fees":0,"Other services":32128,"Advertising":87644,"Office expenses":121440,"Information technology":52877,"Royalties":0,"Occupancy":170570,"Travel":4018,"Conferences and meetings":0,"Interest":92185,"Payments to affiliates":0,"Depreciation and depletion":55198,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":250196,"Debit Card Expense":182263,"Loan Servicing Expenses":48073,"Postage and Shipping":14803,"Dues and Subscriptions":5057},"All other expenses":-124166},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":44580717,"Non-interest bearing cash":1961087,"Savings and temp cash investments":9177850,"Pledges and grants receivable":0,"Accounts receivable":-123,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":15009216,"Inventories for sale or use":0,"Prepaid expenses deferred charges":72414,"Land, building, equipment":973331,"Investments publicly traded":16927924,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":459018},"Liabilities":{"value":42647272,"Sum of Total Liabilities":0,"Accounts payable, accrued":63969,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":42583303},"Fund balance":{"value":1933445,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.11010222198197338,"percentile":0.6400954698687238},"Liabilities to Assets Ratio":{"score":0.9566304642430942,"percentile":0.05696348771698679},"Operating Reserve Ratio":{"score":35.16900018459878,"percentile":0.9726695793409359},"Officer Compensation Ratio":{"score":0.09434338844474738,"percentile":0.5713202187788607},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.022606973704233632,"percentile":0.47794294890800315},"Asset Growth":{"score":0.05820358384608172,"percentile":0.5573474687726655},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5902873581239199,"percentile":0.5768754113434911}},"source_xml":"202341299349302364_public.xml"},{"Organization":{"value":null,"Person":["Cari Shanks","David Thompson","Beverly Lumsden","Gerald Wieneke","Matthew Wurtzel","Lynn McCoy"],"Title":["Chairman","Vice Chairman","Director","Secretary","Treasurer","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,64392],"Direct compensation":[0,0,0,0,0,64392],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2014,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Lynn McCoy","year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":15,"Total Gross UBI":1486,"Net unrelated business taxable income":-413,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1171897,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1105518,"Total revenue":{"value":1105465,"Debit \\ ATM Income":94396,"Fees and Promotional":70682,"Income From Loans":871884,"Loan Late Fees":34100,"Share Draft Income":34403},"Total other revenue":53,"Unrelated business revenue":0},"Investment income":{"value":62859,"Investment income total":62859,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":3520,"Other total":3520,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1055066,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":353330,"Current officers":64392,"Disqualified persons":0,"Other salaries and wages":216803,"Pension plan contributions":9693,"Other employee benefits":39350,"Payroll taxes":23092},"Other expenses":{"value":701736,"Management services":0,"Legal":0,"Accounting":17743,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":65547,"Office expenses":104743,"Information technology":22618,"Royalties":0,"Occupancy":103057,"Travel":3803,"Conferences and meetings":0,"Interest":87438,"Payments to affiliates":0,"Depreciation and depletion":65039,"Insurance":341,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":207222,"Debit Card Expense":82701,"Loan Servicing Expenses":56840,"Provision for Loan Losses":46681,"Postage and Shipping":21000},"All other expenses":24185},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":27733904,"Non-interest bearing cash":615734,"Savings and temp cash investments":3350362,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":18143960,"Inventories for sale or use":0,"Prepaid expenses deferred charges":32629,"Land, building, equipment":1030842,"Investments publicly traded":0,"Investments other":4114235,"Investments program related":0,"Intangible assets":0,"Other assets":446142},"Liabilities":{"value":24518256,"Sum of Total Liabilities":0,"Accounts payable, accrued":20984,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":24497272},"Fund balance":{"value":3215648,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.09969391507956757,"percentile":0.6227040733661199},"Liabilities to Assets Ratio":{"score":0.8840535396675492,"percentile":0.06723067254638802},"Operating Reserve Ratio":{"score":26.286416205242137,"percentile":0.9613593387088267},"Officer Compensation Ratio":{"score":0.061031253021138016,"percentile":0.704590908047532},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6121339542474177,"percentile":0.6405365349014266}},"source_xml":"201530899349300828_public.xml"},{"Organization":{"value":null,"Person":["Cari Shanks","David Thompson","Beverly Lumsden","Gerald Wieneke","Matthew Wurtzel","Lynn McCoy"],"Title":["Chairman","Vice Chairman","Director","Secretary","Treasurer","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,86783],"Direct compensation":[0,0,0,0,0,70156],"Other compensation":[0,0,0,0,0,16627]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2017,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":16,"Total Gross UBI":1032,"Net unrelated business taxable income":-479,"Number of employees":16,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1409544,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1294023,"Total revenue":{"value":1288879,"Debit \\ ATM Income":128551,"Fees and Promotional":71505,"Income From Loans":1004065,"Loan Late Fees":53062,"Share Draft Income":31696},"Total other revenue":5144,"Unrelated business revenue":0},"Investment income":{"value":113443,"Investment income total":114753,"Net investment gain":-1310,"Income from invest bond proceeds":0},"Other revenues":{"value":2078,"Other total":2078,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1383193,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":366757,"Current officers":86783,"Disqualified persons":0,"Other salaries and wages":223164,"Pension plan contributions":6335,"Other employee benefits":26771,"Payroll taxes":23704},"Other expenses":{"value":1016436,"Management services":0,"Legal":41160,"Accounting":5000,"Lobbying services":0,"Investment management fees":0,"Other services":12749,"Advertising":101820,"Office expenses":80290,"Information technology":21100,"Royalties":0,"Occupancy":135284,"Travel":5857,"Conferences and meetings":0,"Interest":82491,"Payments to affiliates":0,"Depreciation and depletion":54490,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":423871,"Provision for Loan Losses":246738,"Debit Card Expense":120423,"Loan Servicing Expenses":38710,"Postage and Shipping":18000},"All other expenses":52324},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":29873172,"Non-interest bearing cash":778685,"Savings and temp cash investments":3452583,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":18445987,"Inventories for sale or use":0,"Prepaid expenses deferred charges":37396,"Land, building, equipment":943063,"Investments publicly traded":4296630,"Investments other":1544900,"Investments program related":0,"Intangible assets":0,"Other assets":373928},"Liabilities":{"value":26484199,"Sum of Total Liabilities":0,"Accounts payable, accrued":15202,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":26468997},"Fund balance":{"value":3388973,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.018694698427292798,"percentile":0.44884085549513225},"Liabilities to Assets Ratio":{"score":0.8865546316942841,"percentile":0.06683697046865705},"Operating Reserve Ratio":{"score":21.597255046837283,"percentile":0.9506915462589973},"Officer Compensation Ratio":{"score":0.06274106361151337,"percentile":0.6967722841038569},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.04197000514423648,"percentile":0.57130938552588},"Asset Growth":{"score":0.019365855207991434,"percentile":0.4011697231180542},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5610868721744164,"percentile":0.49023344811787417}},"source_xml":"201840969349300729_public.xml"},{"Organization":{"value":null,"Person":["Matthew Wurtzel","Cari Shanks","David Thompson","Anthony Czymbor","Gerald Wieneke","Lynn McCoy"],"Title":["Director","Chairman","Vice Chairman","Treasurer","Secretary","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,56881],"Direct compensation":[0,0,0,0,0,56881],"Other compensation":[0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2013,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Lynn McCoy","year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":16,"Total Gross UBI":4876,"Net unrelated business taxable income":-7456,"Number of employees":16,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1211176,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1148482,"Total revenue":{"value":1137403,"Debit \\ ATM Income":81163,"Income From Loans":919796,"Loan Late Fees":36760,"Other Program Revenue":58576,"Share Draft Income":41108},"Total other revenue":11079,"Unrelated business revenue":0},"Investment income":{"value":57818,"Investment income total":57818,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":4876,"Other total":4876,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1039596,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":393829,"Current officers":56881,"Disqualified persons":0,"Other salaries and wages":251492,"Pension plan contributions":11726,"Other employee benefits":48259,"Payroll taxes":25471},"Other expenses":{"value":645767,"Management services":0,"Legal":0,"Accounting":17605,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":74324,"Office expenses":104589,"Information technology":0,"Royalties":0,"Occupancy":91881,"Travel":3644,"Conferences and meetings":0,"Interest":85877,"Payments to affiliates":0,"Depreciation and depletion":75821,"Insurance":586,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":155361,"Debit Card Expense":65821,"Provision for Loan Losses":36526,"Loan Servicing Expenses":33411,"Postage and Shipping":19603},"All other expenses":36079},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":28075070,"Non-interest bearing cash":873934,"Savings and temp cash investments":5581504,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":17735455,"Inventories for sale or use":0,"Prepaid expenses deferred charges":37258,"Land, building, equipment":1081434,"Investments publicly traded":0,"Investments other":2474622,"Investments program related":0,"Intangible assets":0,"Other assets":290863},"Liabilities":{"value":24958938,"Sum of Total Liabilities":0,"Accounts payable, accrued":11357,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":24947581},"Fund balance":{"value":3116132,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.14166396956346558,"percentile":0.687428503066942},"Liabilities to Assets Ratio":{"score":0.889007151184307,"percentile":0.06644736518674015},"Operating Reserve Ratio":{"score":27.005750310697618,"percentile":0.9626280677709069},"Officer Compensation Ratio":{"score":0.05471452371882924,"percentile":0.7340612938311062},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6288600062316322,"percentile":0.6870201742546521}},"source_xml":"201400669349300540_public.xml"},{"Organization":{"value":null,"Person":["Cari Shanks","David Thompson","Beverly Lumsden","James Theisen JR","Matthew Wurtzel","Lynn McCoy"],"Title":["Chairman","Vice Chairman","Director","Secretary","Treasurer","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,89470],"Direct compensation":[0,0,0,0,0,71997],"Other compensation":[0,0,0,0,0,17473]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2018,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":16,"Total Gross UBI":5568,"Net unrelated business taxable income":561,"Number of employees":16,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1485590,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1324328,"Total revenue":{"value":1301223,"Debit \\ ATM Income":148484,"Fees and Promotional":76947,"Income From Loans":990071,"Loan Late Fees":53770,"Share Draft Income":31951},"Total other revenue":23105,"Unrelated business revenue":0},"Investment income":{"value":153555,"Investment income total":174810,"Net investment gain":-21255,"Income from invest bond proceeds":0},"Other revenues":{"value":7707,"Other total":7707,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1375981,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":386014,"Current officers":89470,"Disqualified persons":0,"Other salaries and wages":245131,"Pension plan contributions":4244,"Other employee benefits":21506,"Payroll taxes":25663},"Other expenses":{"value":989967,"Management services":0,"Legal":45336,"Accounting":11500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":79780,"Office expenses":89564,"Information technology":24152,"Royalties":0,"Occupancy":146900,"Travel":5395,"Conferences and meetings":0,"Interest":77549,"Payments to affiliates":0,"Depreciation and depletion":49115,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":391065,"Provision for Loan Losses":200193,"Debit Card Expense":140631,"Loan Servicing Expenses":32241,"Postage and Shipping":18000},"All other expenses":69611},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":30180529,"Non-interest bearing cash":497051,"Savings and temp cash investments":3342602,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":18627071,"Inventories for sale or use":0,"Prepaid expenses deferred charges":41451,"Land, building, equipment":897956,"Investments publicly traded":4794220,"Investments other":1644900,"Investments program related":0,"Intangible assets":0,"Other assets":335278},"Liabilities":{"value":26794678,"Sum of Total Liabilities":0,"Accounts payable, accrued":17945,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":26776733},"Fund balance":{"value":3385851,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.07378146056448953,"percentile":0.5749175766338087},"Liabilities to Assets Ratio":{"score":0.8878133978367311,"percentile":0.06663561295439611},"Operating Reserve Ratio":{"score":21.933826847899788,"percentile":0.9516280372551235},"Officer Compensation Ratio":{"score":0.06502270016809825,"percentile":0.6865854605535306},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.04768999648136018,"percentile":0.5965405611824234},"Asset Growth":{"score":0.017739994169084963,"percentile":0.3943045177128019},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5862295689864655,"percentile":0.5649001286501454}},"source_xml":"201911289349300331_public.xml"},{"Organization":{"value":null,"Person":["Cari Shanks","David Thompson","Beverly Lumsden","Gerald Wieneke","Matthew Wurtzel","Lynn McCoy"],"Title":["Chairman","Vice Chairman","Director","Secretary","Treasurer","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,76681],"Direct compensation":[0,0,0,0,0,63759],"Other compensation":[0,0,0,0,0,12922]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2015,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":15,"Total Gross UBI":974,"Net unrelated business taxable income":-536,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1219660,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1135764,"Total revenue":{"value":1126190,"Debit \\ ATM Income":108472,"Fees and Promotional":50531,"Income From Loans":900187,"Loan Late Fees":39240,"Share Draft Income":27760},"Total other revenue":9574,"Unrelated business revenue":0},"Investment income":{"value":77996,"Investment income total":77996,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":5900,"Other total":5900,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1139928,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":362816,"Current officers":76681,"Disqualified persons":0,"Other salaries and wages":227351,"Pension plan contributions":9900,"Other employee benefits":25337,"Payroll taxes":23547},"Other expenses":{"value":777112,"Management services":0,"Legal":18876,"Accounting":10200,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":76559,"Office expenses":84531,"Information technology":18955,"Royalties":0,"Occupancy":101730,"Travel":4824,"Conferences and meetings":0,"Interest":85430,"Payments to affiliates":0,"Depreciation and depletion":64747,"Insurance":16,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":227233,"Debit Card Expense":100600,"Provision for Loan Losses":58148,"Loan Servicing Expenses":42791,"Loss on Disposal of F/A":25694},"All other expenses":84011},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":28633332,"Non-interest bearing cash":640885,"Savings and temp cash investments":3050987,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":18829390,"Inventories for sale or use":0,"Prepaid expenses deferred charges":37823,"Land, building, equipment":981149,"Investments publicly traded":4525190,"Investments other":149900,"Investments program related":0,"Intangible assets":0,"Other assets":418008},"Liabilities":{"value":25319105,"Sum of Total Liabilities":0,"Accounts payable, accrued":17739,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":25301366},"Fund balance":{"value":3314227,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.06537231687519472,"percentile":0.5579164644762782},"Liabilities to Assets Ratio":{"score":0.8842528351223672,"percentile":0.0672015852961082},"Operating Reserve Ratio":{"score":25.118544329115522,"percentile":0.9590595399311151},"Officer Compensation Ratio":{"score":0.06726828361089472,"percentile":0.6768049768820935},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.0035323183816286137,"percentile":0.38547100648935245},"Asset Growth":{"score":0.009916747181205592,"percentile":0.3613057207428339},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5597610421361401,"percentile":0.4862685518289299}},"source_xml":"201641279349301364_public.xml"},{"Organization":{"value":null,"Person":["LYNN MCCOY","CARI SHANKS","LINDA PARSON","BEVERLY LUMSDEN","JAMES THEISEN JR","MATTHEW WURTZEL"],"Title":["CEO","Secretary","Director","Director","Chairman","Treasurer"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[125846,0,0,0,0,0],"Direct compensation":[107300,0,0,0,0,0],"Other compensation":[18546,0,0,0,0,0]},"Basic":{"value":null,"mission":"Your financial partner providing personal community and innovative service","year":2023,"name":"FIRST AREA CREDIT UNION","phone":9897811430,"website":"WWW.FIRSTAREACU.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"LYNN MCCOY","year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"193 CAMPBELL LANE, SAGINAW, MI, 48609, USA","city":"SAGINAW","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":14,"Total Gross UBI":4596,"Net unrelated business taxable income":null,"Number of employees":14,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1583444,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1159686,"Total revenue":{"value":1159686,"FEES AND OTHER INCOME":342754,"INTEREST ON LOANS":816932},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":423758,"Investment income total":423758,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1508250,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":507159,"Current officers":125846,"Disqualified persons":0,"Other salaries and wages":311155,"Pension plan contributions":1577,"Other employee benefits":34108,"Payroll taxes":34473},"Other expenses":{"value":1001091,"Management services":0,"Legal":20121,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":79936,"Office expenses":412962,"Information technology":61924,"Royalties":0,"Occupancy":89814,"Travel":7905,"Conferences and meetings":0,"Interest":189905,"Payments to affiliates":4300,"Depreciation and depletion":56710,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":101518,"LOAN SERVICING":45157,"PROF AND OUTSIDE":40324,"OPERATING":8400,"MISC":7637},"All other expenses":-24004},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":41370226,"Non-interest bearing cash":512091,"Savings and temp cash investments":7659512,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":17676813,"Inventories for sale or use":0,"Prepaid expenses deferred charges":47123,"Land, building, equipment":964938,"Investments publicly traded":13883374,"Investments other":149900,"Investments program related":0,"Intangible assets":0,"Other assets":476475},"Liabilities":{"value":39004600,"Sum of Total Liabilities":0,"Accounts payable, accrued":56672,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":38947928},"Fund balance":{"value":2365626,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.04748762823314244,"percentile":0.5193068468509964},"Liabilities to Assets Ratio":{"score":0.9428181513922598,"percentile":0.058492821594374605},"Operating Reserve Ratio":{"score":27.429289574009612,"percentile":0.9633287182421131},"Officer Compensation Ratio":{"score":0.08343842201226587,"percentile":0.611050686504388},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.024269119715081413,"percentile":0.48632011805643627},"Asset Growth":{"score":0.05357497089552409,"percentile":0.540314122327772},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5694075578516391,"percentile":0.5150521470055394}},"source_xml":"202441519349301049_public.xml"},{"Organization":{"value":null,"Person":["Lynn McCoy","Cari Shanks","Linda Parson","Beverly Lumsden","James Theisen JR","Matthew Wurtzel"],"Title":["CEO","Chairperson","Vice Chair","Director","Secretary","Treasurer"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[97578,0,0,0,0,0],"Direct compensation":[78963,0,0,0,0,0],"Other compensation":[18615,0,0,0,0,0]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2020,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":19,"Total Gross UBI":4595,"Net unrelated business taxable income":-799,"Number of employees":19,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1408913,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1241973,"Total revenue":{"value":1240285,"Debit \\ ATM Income":170035,"Fees and Promotional":91430,"Income From Loans":957849,"Insurance Revenues":4595,"Share Draft Income":16376},"Total other revenue":1688,"Unrelated business revenue":0},"Investment income":{"value":166940,"Investment income total":166940,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1333451,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":441682,"Current officers":97578,"Disqualified persons":0,"Other salaries and wages":278733,"Pension plan contributions":12671,"Other employee benefits":24608,"Payroll taxes":28092},"Other expenses":{"value":891769,"Management services":0,"Legal":53588,"Accounting":13600,"Lobbying services":0,"Investment management fees":0,"Other services":15704,"Advertising":85113,"Office expenses":86816,"Information technology":41357,"Royalties":0,"Occupancy":167895,"Travel":837,"Conferences and meetings":0,"Interest":101940,"Payments to affiliates":0,"Depreciation and depletion":52097,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":232141,"Debit Card Expense":152063,"Loan Servicing Expenses":47800,"Online Banking / Bill Pay":16465,"Postage and Shipping":15813},"All other expenses":40681},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":38389981,"Non-interest bearing cash":676683,"Savings and temp cash investments":9064324,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":16487865,"Inventories for sale or use":0,"Prepaid expenses deferred charges":54843,"Land, building, equipment":1023036,"Investments publicly traded":10150924,"Investments other":597500,"Investments program related":0,"Intangible assets":0,"Other assets":334806},"Liabilities":{"value":34551916,"Sum of Total Liabilities":0,"Accounts payable, accrued":24815,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":34527101},"Fund balance":{"value":3838065,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.05356043985682579,"percentile":0.5328536877998337},"Liabilities to Assets Ratio":{"score":0.9000243058208338,"percentile":0.06466054769243879},"Operating Reserve Ratio":{"score":28.789945037350453,"percentile":0.9654431993151531},"Officer Compensation Ratio":{"score":0.07317704212603238,"percentile":0.6516968841252484},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.03614980179555037,"percentile":0.5443132986230389},"Asset Growth":{"score":0.03550324636695622,"percentile":0.468828457337572},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5763370798238168,"percentile":0.5356575686302429}},"source_xml":"202141329349300624_public.xml"},{"Organization":{"value":null,"Person":["Cari Shanks","David Thompson","Beverly Lumsden","Gerald Wieneke","Matthew Wurtzel","Lynn McCoy"],"Title":["Chairman","Vice Chairman","Director","Secretary","Treasurer","CEO"],"Hours":[1.0,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[0,0,0,0,0,83937],"Direct compensation":[0,0,0,0,0,67090],"Other compensation":[0,0,0,0,0,16847]},"Basic":{"value":null,"mission":"Provide financial services and products to members.","year":2016,"name":"First Area Credit Union","phone":9897811430,"website":"www.firstareacu.com","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1961,"state_legal_domicile":"MI","total_volunteers":12,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"193 Campbell Lane, Saginaw, MI, 48609, USA","city":"Saginaw","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":13,"Total Gross UBI":1295,"Net unrelated business taxable income":-347,"Number of employees":13,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1305473,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1235537,"Total revenue":{"value":1225775,"Debit \\ ATM Income":118606,"Fees and Promotional":67395,"Income From Loans":958876,"Loan Late Fees":41360,"Share Draft Income":39538},"Total other revenue":9762,"Unrelated business revenue":0},"Investment income":{"value":66060,"Investment income total":93529,"Net investment gain":-27469,"Income from invest bond proceeds":0},"Other revenues":{"value":3876,"Other total":3876,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1223397,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":377800,"Current officers":83937,"Disqualified persons":0,"Other salaries and wages":232658,"Pension plan contributions":7339,"Other employee benefits":30078,"Payroll taxes":23788},"Other expenses":{"value":845597,"Management services":0,"Legal":21615,"Accounting":12500,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":77425,"Office expenses":83470,"Information technology":25364,"Royalties":0,"Occupancy":103443,"Travel":3552,"Conferences and meetings":0,"Interest":83045,"Payments to affiliates":0,"Depreciation and depletion":49643,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":319899,"Provision for Loan Losses":125185,"Debit Card Expense":104785,"Loan Servicing Expenses":69602,"Postage and Shipping":20327},"All other expenses":65641},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":29716297,"Non-interest bearing cash":573090,"Savings and temp cash investments":3850226,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":19595709,"Inventories for sale or use":0,"Prepaid expenses deferred charges":38694,"Land, building, equipment":959440,"Investments publicly traded":4237097,"Investments other":149900,"Investments program related":0,"Intangible assets":0,"Other assets":312141},"Liabilities":{"value":26358064,"Sum of Total Liabilities":0,"Accounts payable, accrued":17145,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":26340919},"Fund balance":{"value":3358233,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.06287069897270951,"percentile":0.5527473877952889},"Liabilities to Assets Ratio":{"score":0.8869901926205678,"percentile":0.06676732493981807},"Operating Reserve Ratio":{"score":24.28998681540007,"percentile":0.9573094294377072},"Officer Compensation Ratio":{"score":0.06860978079887395,"percentile":0.6710434485752952},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.02694703523038764,"percentile":0.49959950737026826},"Asset Growth":{"score":0.02040357484052253,"percentile":0.4055167239678291},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5724712593508274,"percentile":0.524237843381197}},"source_xml":"201711149349300611_public.xml"},{"Organization":{"value":null,"Person":["LYNN MCCOY","CARI SHANKS","LINDA PARSON","JAMES THEISEN JR","MATTHEW WURTZEL","BEVERLY LUMSDEN"],"Title":["CEO","Secretary","Director","Chairman","Treasurer","Director"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[123631,0,0,0,0,0],"Direct compensation":[104215,0,0,0,0,0],"Other compensation":[19416,0,0,0,0,0]},"Basic":{"value":null,"mission":"Your financial partner providing personal community and innovative service","year":2024,"name":"FIRST AREA CREDIT UNION","phone":9897811430,"website":"WWW.FIRSTAREACU.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"LYNN MCCOY","year_formation":1961,"state_legal_domicile":"MI","total_volunteers":11,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"193 CAMPBELL LANE, SAGINAW, MI, 48609, USA","city":"SAGINAW","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":15,"Total Gross UBI":4171,"Net unrelated business taxable income":null,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1753671,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1306370,"Total revenue":{"value":1306370,"FEES AND OTHER INCOME":325801,"INTEREST ON LOANS":980569},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":454311,"Investment income total":454311,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":-7010,"Other total":-7010,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1824125,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":517496,"Current officers":123631,"Disqualified persons":0,"Other salaries and wages":316276,"Pension plan contributions":9990,"Other employee benefits":32481,"Payroll taxes":35118},"Other expenses":{"value":1306629,"Management services":0,"Legal":22684,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":75846,"Office expenses":442218,"Information technology":72766,"Royalties":0,"Occupancy":75079,"Travel":7801,"Conferences and meetings":0,"Interest":448214,"Payments to affiliates":0,"Depreciation and depletion":63824,"Insurance":7871,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":100549,"LOAN SERVICING":50766,"PROF AND OUTSIDE":34175,"OPERATING":8000,"MISC":7608},"All other expenses":-10223},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":40090569,"Non-interest bearing cash":861304,"Savings and temp cash investments":11015820,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":16961639,"Inventories for sale or use":0,"Prepaid expenses deferred charges":65468,"Land, building, equipment":912578,"Investments publicly traded":9692061,"Investments other":149900,"Investments program related":0,"Intangible assets":0,"Other assets":431799},"Liabilities":{"value":37407336,"Sum of Total Liabilities":0,"Accounts payable, accrued":41057,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":37366279},"Fund balance":{"value":2683233,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.0401751525799309,"percentile":0.3010763491966766},"Liabilities to Assets Ratio":{"score":0.9330707179536414,"percentile":0.059631525990892005},"Operating Reserve Ratio":{"score":21.977972452545742,"percentile":0.9517466648370669},"Officer Compensation Ratio":{"score":0.06777550880559172,"percentile":0.6746414123827195},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.028597124689317844,"percentile":0.5077988975463982},"Asset Growth":{"score":0.04741545928498959,"percentile":0.5167623773174309},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5324869444816668,"percentile":0.40732679876721445}},"source_xml":"202510999349300801_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["LYNN MCCOY","CARI SHANKS","LINDA PARSON","JAMES THEISEN JR","MATTHEW WURTZEL","BEVERLY LUMSDEN"],"Title":["CEO","Secretary","Director","Chairman","Treasurer","Director"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[123631,0,0,0,0,0],"Direct compensation":[104215,0,0,0,0,0],"Other compensation":[19416,0,0,0,0,0]},"Basic":{"value":null,"mission":"Your financial partner providing personal community and innovative service","year":2024,"name":"FIRST AREA CREDIT UNION","phone":9897811430,"website":"WWW.FIRSTAREACU.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"LYNN MCCOY","year_formation":1961,"state_legal_domicile":"MI","total_volunteers":11,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"193 CAMPBELL LANE, SAGINAW, MI, 48609, USA","city":"SAGINAW","state":"MI","country":"USA","zip_code":48609},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":15,"Total Gross UBI":4171,"Net unrelated business taxable income":null,"Number of employees":15,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1753671,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":1306370,"Total revenue":{"value":1306370,"FEES AND OTHER INCOME":325801,"INTEREST ON LOANS":980569},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":454311,"Investment income total":454311,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":-7010,"Other total":-7010,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":1824125,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":517496,"Current officers":123631,"Disqualified persons":0,"Other salaries and wages":316276,"Pension plan contributions":9990,"Other employee benefits":32481,"Payroll taxes":35118},"Other expenses":{"value":1306629,"Management services":0,"Legal":22684,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":75846,"Office expenses":442218,"Information technology":72766,"Royalties":0,"Occupancy":75079,"Travel":7801,"Conferences and meetings":0,"Interest":448214,"Payments to affiliates":0,"Depreciation and depletion":63824,"Insurance":7871,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":100549,"LOAN SERVICING":50766,"PROF AND OUTSIDE":34175,"OPERATING":8000,"MISC":7608},"All other expenses":-10223},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":40090569,"Non-interest bearing cash":861304,"Savings and temp cash investments":11015820,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":16961639,"Inventories for sale or use":0,"Prepaid expenses deferred charges":65468,"Land, building, equipment":912578,"Investments publicly traded":9692061,"Investments other":149900,"Investments program related":0,"Intangible assets":0,"Other assets":431799},"Liabilities":{"value":37407336,"Sum of Total Liabilities":0,"Accounts payable, accrued":41057,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":37366279},"Fund balance":{"value":2683233,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.0401751525799309,"percentile":0.3010763491966766},"Liabilities to Assets Ratio":{"score":0.9330707179536414,"percentile":0.059631525990892005},"Operating Reserve Ratio":{"score":21.977972452545742,"percentile":0.9517466648370669},"Officer Compensation Ratio":{"score":0.06777550880559172,"percentile":0.6746414123827195},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":0.028597124689317844,"percentile":0.5077988975463982},"Asset Growth":{"score":0.04741545928498959,"percentile":0.5167623773174309},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5324869444816668,"percentile":0.40732679876721445}},"source_xml":"202510999349300801_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}