Louisville Federal Credit Union in Louisville, Kentucky (KY)

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Louisville Federal Credit Union
Employer Identification Number (EIN)610264070
Name of OrganizationLouisville Federal Credit Union
AddressPO BOX 33303, Louisville, KY 40232-3303
ActivitiesLoans or credit reporting
SubsectionCredit Union
Ruling Date03/1955
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
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$36,614,922
Amount of Income$1,197,641
Form 990 Revenue Amount$1,197,641


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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?Yes
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$1,348,021
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$960,221
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$349,742
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$38,058
Statement of Functional Expenses (for 2011)
Total functional expenses$1,029,812
Compensation of current officers, directors, trustees, and key employees$2,700
Other salaries and wages$329,165
Payroll taxes$27,235
Professional fundraising services$0
Other$670,712
Balance Sheet (for 2011)
Total assets$35,943,743
Total liabilities$31,246,304
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$31,246,304
Total net assets or fund balances$4,697,439
Retained earnings, endowment, accumulated income, or other funds$3,677,439
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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