Container Mutual Credit Union

Not tax-deductible

Fern Bch, FLMutual-benefit / member-servingEIN 59-6131478

Credit union - to provide financial services for its members.

Run by 13 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $5K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$59K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
Cash reserves
41 mo
of spending, in cash
Looks good: 40.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.1M
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$199K
+6% vs prior year
Spent
$168K
To programs
0%
Net assets
$2.6M
By yearFY2020–FY2025
Revenue
$199K
FY2025▲ +6%
Revenue by fiscal year
FY2020$201K
FY2021$112K
FY2022$167K
FY2023$181K
FY2024$188K
FY2025$199K
Expenses
$168K
FY2025▲ +4%
Expenses by fiscal year
FY2020$230K
FY2021$202K
FY2022$125K
FY2023$190K
FY2024$161K
FY2025$168K
Net assets
$2.6M
FY2025▲ +1%
Net assets by fiscal year
FY2020$2.7M
FY2021$2.6M
FY2022$2.7M
FY2023$2.6M
FY2024$2.6M
FY2025$2.6M

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $168K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990; $59K paid to officers and key staff.

Part VII, Section A · reportable compensation
$58,608Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
Board VP
$0Pt VII · Sec A
Board Secret
$0Pt VII · Sec A
SC Member
$0Pt VII · Sec A
SC Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Debi Rowland$58,608$58,608$50,153$48,841

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Container Mutual Credit Union executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers financial services to its members.

Provided by the organization

This section is blank until Container Mutual Credit Union claims this page.

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2 program services account for $168K of program spending, described in the organization's own filed words · FY2025.
01

Non-interest expense & provision for loan loss

$164Kprogram expense
02

Interest expense

$3Kprogram expense

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$199K
Ln 12
Fees for servicesLn 2g$134K
Investment incomeLn 3$63K
Other incomeLn 4–11$2K
Money outPt IX
$168K
Ln 25
Managementcol C$168K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$566K
Total assetsLn 16$5.8M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$134K
Investment incomeLn 3$63K
Other incomeLn 4–11$2K
Total revenueLn 12$199K
Assets in detailPt X, end of year
CashLn 1$566K
Cash and savings togetherLn 1–2$566K
InvestmentsLn 11–13$3.2M
Other assetsLn 15$45K
Total assetsLn 16$5.8M
LiabilitiesLn 26$3.1M
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 52
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$350K$566K
InvestmentsLn 11–13$3.6M$3.2M
Total assetsLn 16$6.0M$5.8M
LiabilitiesLn 26$3.4M$3.1M
Net assetsLn 32$2.6M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$86K$86K
Other employee benefitsLn 9$8K$8K
Payroll taxesLn 10$7K$7K
Office expensesLn 13$26K$26K
Conferences, conventions and meetingsLn 19$997$997
InterestLn 20$3K$3K
Other expenses (24a–d)Ln 24$37K$37K
Total functional expensesLn 25$168K$0$168K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $199K$168K$32K$2.6M 990 PDF
FY2024 $188K$161K$27K$2.6M 990 PDF
FY2023 $181K$190K−$9K$2.6M 990 PDF
FY2022 $167K$125K$42K$2.7M 990 PDF
FY2021 $112K$202K−$90K$2.6M 990 PDF
FY2020 $201K$230K−$29K$2.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $199,215 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $133,824$133,824
VIII-3 Investment incomeRelated to mission $62,971$62,971
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,420$2,420
VIII-12 Total revenueRelated to mission $199,215$199,215
Part IX · Statement of functional expenses $167,591 across 7 lines filed
IX-7 Other salaries and wagesManagement $86,339$86,339
IX-9 Other employee benefitsManagement $7,614$7,614
IX-10 Payroll taxesManagement $6,887$6,887
IX-13 Office expensesManagement $25,695$25,695
IX-19 Conferences, conventions and meetingsManagement $997$997
IX-20 InterestManagement $3,294$3,294
IX-24 Other expenses (24a–d)Management $36,765$36,765
IX-25 Total functional expensesPrograms $0 · Management $167,591 · Fundraising $0$167,591
Part X · Balance sheet $5,764,191 assets, 10 lines filed
Asset lines not itemized here account for $1,967,622; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $349,573$566,404
X-9 Prepaid expenses and deferred chargesStart of year $13,951$8,730
X-12 Other securitiesStart of year $3,641,860$3,176,861
X-15 Other assetsStart of year $58,138$44,574
X-16 Total assetsStart of year $6,048,009$5,764,191
X-17 Accounts payable and accrued expensesStart of year $24,757$16,014
X-25 Other liabilitiesStart of year $3,412,026$3,105,327
X-26 Total liabilitiesStart of year $3,436,783$3,121,341
X-32 Total net assets or fund balancesStart of year $2,611,226$2,642,850
X-33 Total liabilities and net assetsStart of year $6,048,009$5,764,191
Part XI · Reconciliation of net assets $2,642,850 net assets at year end
XI-1 Total revenue$199,215
XI-2 Total expenses$167,591
XI-3 Revenue less expenses$31,624
XI-4 Net assets at start of year$2,611,226
XI-10 Net assets at end of year$2,642,850

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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