Department Of Financial Institution Division Of Credit Unions Of In, Perfect Circle Credit Union in Hagerstown, Indiana (IN)

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Department Of Financial Institution Division Of Credit Unions Of In, Perfect Circle Credit Union
Employer Identification Number (EIN)356020587
Name of OrganizationDepartment Of Financial Institution Division Of Credit Unions Of In
Secondary NamePerfect Circle Credit Union
In Care of NameNicole M Gabbard
Address631 E Main St, Hagerstown, IN 47346-1423
ActivitiesLoans or credit reporting, Endowment fund or financial services, Other services or benefits to members or employees
SubsectionCredit Union
Ruling Date05/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$48,895,838
Amount of Income$2,989,597
Form 990 Revenue Amount$2,964,189


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$3,225,089
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$1,811,224
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$397,113
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-42,313
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $42,313
Gain or (loss) (Securities / Other)$0 / $-42,313
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,059,065
Statement of Functional Expenses (for 2011)
Total functional expenses$2,977,881
Compensation of current officers, directors, trustees, and key employees$94,849
Other salaries and wages$859,370
Payroll taxes$75,206
Professional fundraising services$0
Other$1,948,456
Balance Sheet (for 2011)
Total assets$48,311,080
Total liabilities$197,773
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$197,773
Total net assets or fund balances$48,113,307
Retained earnings, endowment, accumulated income, or other funds$2,157,092
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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3Department Of Financial Institution Division Of Credit Unions In Ind, Muncie Post Office Credit UnionPO BOX 2061, Muncie, IN 47307-0061IN1969-05$81,560
4Natco Credit UnionPO BOX 817, Richmond, IN 47375-0817IN1969-05$4,871,675
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6Department Of Financial Institution Division Of Credit Unions In Ind, Public Service Credit Union1209 Reckeweg Rd, Fort Wayne, IN 46804-1707IN1969-05$1,241,701
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10Taper Lock Credit Union425 Laurel St, Mishawaka, IN 46544-2215IN1969-05$1,553,984
11Department Of Financial Institution Division Of Credit Unions Of In, Perfect Circle Credit Union631 E Main St, Hagerstown, IN 47346-1423IN1969-05$2,989,597
12Depaul Reading And Learning Association Inc2182 W Industrial Park Dr, Bloomington, IN 47404-2687IN1981-08$796,116
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, Centra Credit UnionPO BOX 789, Columbus, IN 47202-0789IN1969-05$95,661,271
SubordinateDepartmant Of Financial Institution Division Of Credit Unions In Ind, Wayne Township 4h Coronado Clovers 4h Club925 Texarkana Dr, Indianapolis, IN 46231IN1969-05$58,444,133
SubordinateIndiana Members Credit Union, Central Association Of Neonatal Nurses7046 E Us Hwy 36, Bainbridge, IN 46105IN1969-05$52,131,063
SubordinateBeacon Credit Union586 S Wabash St, Wabash, IN 46992-3328IN1969-05$40,619,296
SubordinateIndiana University Credit UnionPO BOX 368, Bloomington, IN 47402-0368IN1969-05$29,782,686
SubordinateInterra Credit Union, Elkhart County 4-H Dog ClubPobox 1278, Bristol, IN 46507IN1969-05$27,247,626
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, Hoosier Hills Credit Union630 Lincoln Ave, Bedford, IN 47421-2116IN1969-05$22,457,777
SubordinateHoosier Hills Credit Union630 Lincoln Ave, Bedford, IN 47421-2116IN1969-05$20,359,664
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, Dekalb Financial Credit Union136 W Seventh St, Auburn, IN 46706IN1969-05$5,617,320
SubordinateFamily Horizons Credit Union6665 E 21st St, Indianapolis, IN 46219-2247IN1969-05$5,340,589
SubordinateNatco Credit UnionPO BOX 817, Richmond, IN 47375-0817IN1969-05$4,871,675
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, Members Advantage Credit Union3064 Ohio St, Michigan City, IN 46360-6866IN1969-05$3,987,907
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, General Credit Union6601 Mutual Dr, Fort Wayne, IN 46825-4237IN1969-05$3,666,795
SubordinateNorthpark Community Credit Union5965 Techlgy Ctr Dr, Indianapolis, IN 46278-6013IN1969-05$3,626,297
SubordinateKemba Indianapolis Credit Union, Karla Salisbury Ceo444 S Shortridge Rd, Indianapolis, IN 46219-7440IN1969-05$3,335,614
SubordinateDepartment Of Financial Institution Division Of Credit Unions Of In, Perfect Circle Credit Union631 E Main St, Hagerstown, IN 47346-1423IN1969-05$2,989,597
SubordinateMembersource Credit Union8580 Virginia St, Merrillville, IN 46410-6235IN1969-05$2,654,919
SubordinateHarvester Financial Credit Union7020 Brookville Rd, Indianapolis, IN 46239-1006IN1969-05$2,554,808
SubordinateFirefighters Credit Union501 N New Jersey St, Indianapolis, IN 46204-1516IN1969-05$2,447,170
SubordinateDepartment Of Financial Institution Division Of Credit Unions In Ind, Double Eleven Credit Union445 S Post Rd, Indianapolis, IN 46219-7933IN1969-05$2,143,085
Number of affiliated organizations
Indiana40
Total40

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