Htm Area Credit Union Inc in Troy, Ohio (OH)

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Htm Area Credit Union Inc
Employer Identification Number (EIN)310616841
Name of OrganizationHtm Area Credit Union Inc
Address847 W Main St, Troy, OH 45373-2843
ActivitiesEndowment fund or financial services, Loans or credit reporting
SubsectionCredit Union
Ruling Date04/1969
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$18,575,128
Amount of Income$920,478
Form 990 Revenue Amount$920,478

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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$735,529
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$596,991
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$138,538
Income from investment of tax-exempt bond proceeds$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$0
Statement of Functional Expenses (for 2011)
Total functional expenses$645,295
Compensation of current officers, directors, trustees, and key employees$44,512
Other salaries and wages$67,093
Payroll taxes$9,201
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$16,646,223
Total liabilities$14,893,110
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
Total net assets or fund balances$1,753,113
Retained earnings, endowment, accumulated income, or other funds$1,753,113
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Number of affiliated organizations
Total131 is not associated with, endorsed by, or sponsored by Htm Area Credit Union Inc and has no official or unofficial affiliation with Htm Area Credit Union Inc