MEMBERS PREFERRED CREDIT UNION: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MEMBERS PREFERRED CREDIT UNION (EIN 82-0288866)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-06-01
IRS object ID
202601529349301165
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-01T13:24:02-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN393647910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1105 E PINE ST UPPER FLOORAddressLine1Txt
CityMISSOULACityNm
State AbbreviationMTStateAbbreviationCd
ZIP59802ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN820288866EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MEMBERS PREFERRED CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMEMBBusinessNameControlTxt
Phone2085230090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11515 HOOPES AVENUEAddressLine1Txt
CityIDAHO FALLSCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83404ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGREG JOHNSONPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone2083467922PhoneNum
Signature2026-05-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAM BRUNSON CPAPreparerPersonNm
PTINP01696998PTIN
Phone4067281800PhoneNum
Preparation2026-05-28PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREG JOHNSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11515 HOOPES AVENUEAddressLine1Txt
CityIDAHO FALLSCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83404ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,505,148GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.MEMBERSPREFERRED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateIDLegalDomicileStateCd
Activity Or MissionTO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$863TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,571,860PYProgramServiceRevenueAmt
CY Program Service Revenue$4,824,474CYProgramServiceRevenueAmt
PY Investment Income$508,050PYInvestmentIncomeAmt
CY Investment Income$680,674CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,079,910PYTotalRevenueAmt
CY Total Revenue$5,505,148CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$1,053,234CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$895,830PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,056,808CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,736,355PYOtherExpensesAmt
CY Other Expenses$2,113,593CYOtherExpensesAmt
PY Total Expenses$3,632,185PYTotalExpensesAmt
CY Total Expenses$4,223,635CYTotalExpensesAmt
PY Revenues Less Expenses$1,447,725PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,281,513CYRevenuesLessExpensesAmt
Total Assets BOY$55,666,230TotalAssetsBOYAmt
Total Assets EOY$58,149,095TotalAssetsEOYAmt
Total Liabilities BOY$44,684,008TotalLiabilitiesBOYAmt
Total Liabilities EOY$45,885,360TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,982,222NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,263,735NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE CO-OPERATIVE FINANCIAL SERVICES TO MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE CREDIT UNION PROVIDED CO-OPERATIVE FINANCIAL SERVICES TO APPROXIMATELY 4,350 MEMBERS IN 2025.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document647IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGREG JOHNSONPersonNm
Phone2085230090PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11515 HOOPES AVENUEAddressLine1Txt
CityIDAHO FALLSCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83404ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALVIN STALDER
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
LINDA HOWELL
TREASURER0.50Yes (X)Yes (X)$0$0$0
JOHN VAN DYCK
SECRETARY0.50Yes (X)Yes (X)$0$0$0
BRANDON HART
DIRECTOR0.50Yes (X)$0$0$0
MONTE LAORANGE
DIRECTOR0.50Yes (X)$0$0$0
GREG JOHNSON
PRESIDENT/CEO45.00Yes (X)$298,470$0$31,064
JOSHUA JOHNSON
VP OF LENDING45.00$181,746$0$27,821Yes (X)
JACQUELINE BEEBE-HOPKINS
VP OF OPERATIONS45.00$114,705$0$18,066Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$594,921TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$76,951TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FISERVBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 208457AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75320ZIPCd
FieldValueIRS element (for citing)
ServicesCORE PROCESSORServicesDesc
Compensation$131,162CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST INCOME522100$3,569,031$3,569,031
FEE INCOME522100$921,307$920,744$563
OTHER OPERATING INCOME522100$334,136$333,836$300
FieldValueIRS element (for citing)
Total Program Service Revenue$4,824,474TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$680,674TotalRevenueColumnAmt
Exclusion$680,674ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,505,148TotalRevenueColumnAmt
Related Or Exempt Func Income$4,823,611RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$863UnrelatedBusinessRevenueAmt
Exclusion$680,674ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$1,053,234TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$329,534TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$476,570TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,884TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$182,201TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$51,619TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,318TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$62,587TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,273TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$66,189TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$236,771TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$54,487TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,045TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,559TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$32,855TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$39,127TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROVISION FOR LOAN LOSS$1,343,947
LOAN SERVICING$168,662
BANK CLEARING$21,489
ASSOCIATION DUES$16,587

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$33,696TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,223,635TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$508,217BOYAmt
EOY$582,598EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,509,303BOYAmt
EOY$3,462,104EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$263,654BOYAmt
EOY$269,293EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$35,724,117BOYAmt
EOY$39,827,759EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$150,950BOYAmt
EOY$126,641EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$812,498LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$546,087LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$219,089BOYAmt
EOY$266,411EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$12,759,055BOYAmt
EOY$13,021,055EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$531,845BOYAmt
EOY$593,234EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$55,666,230BOYAmt
EOY$58,149,095EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$35,209BOYAmt
EOY$34,062EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$44,648,799BOYAmt
EOY$45,851,298EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$44,684,008BOYAmt
EOY$45,885,360EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$1,201,223BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$9,780,999BOYAmt
EOY$12,263,735EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,982,222BOYAmt
EOY$12,263,735EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$55,666,230BOYAmt
EOY$58,149,095EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,281,513ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$133,124OtherCostOrOtherBasisAmt
Book Value$133,124BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$545,900OtherCostOrOtherBasisAmt
Depreciation$413,649DepreciationAmt
Book Value$132,251BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$133,474OtherCostOrOtherBasisAmt
Depreciation$132,438DepreciationAmt
Book Value$1,036BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$266,411TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
TIME DEPOSITS$12,992,000C
NONPERPETUAL CAPITAL ACCOUNT$29,055C
FieldValueIRS element (for citing)
Total Book Value Securities$13,021,055TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBERS SHARE & SAVINGS ACCOUNTSDesc
Amt$45,851,298Amt
FieldValueIRS element (for citing)
Total Liability$45,851,298TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
GREG JOHNSON
PRESIDENT/CEO$233,793$0$52,500$0$12,177$0$7,897$0$23,167$0$329,534$0$0$0
JOSHUA JOHNSON
VP OF LENDING$157,032$0$14,500$0$10,214$0$4,654$0$23,167$0$209,567$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THERE ARE APPROXIMATELY 4,350 MEMBERS THAT UTILIZE THE FINANCIAL SERVICES PROVIDED BY MEMBERS PREFERRED CREDIT UNION (MPCU). THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. THE MEMBERS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. THE MEMBERS CAN RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION.
FORM 990, PART VI, SECTION A, LINE 7AMPCU MEMBERS ARE ENTITLED TO CAST A VOTE DURING THE ELECTION OF THE BOARD OF DIRECTORS. MEMBERS CONCERNS AND SUGGESTIONS ARE ALSO TAKEN INTO CONSIDERATION THROUGHOUT THE YEAR. MPCU LISTENS TO THE NEEDS OF ITS MEMBERS AND GEARS ITS SERVICES AND PROMOTIONS AROUND THOSE NEEDS.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS HAS ASSIGNED MANAGEMENT WITH THE RESPONSIBILITY OF ENSURING THAT FORM 990 IS ACCURATELY PREPARED AND TIMELY FILED. THE BOARD DOES REVIEW THE FORM 990 BEFORE IT IS FINALIZED. MANAGEMENT WORKS CLOSELY WITH ITS EXTERNAL ACCOUNTANT TO PREPARE FORM 990. MANAGEMENT PROVIDES THE INFORMATION, BOTH FINANCIAL AND NON-FINANCIAL, NECESSARY TO PREPARE THE FORM. MANAGEMENT AND THE BOARD ARE PROVIDED A COMPLETE COPY OF FORM 990 TO REVIEW AND SIGN. THE RETURN IS NOT FILED UNTIL THIS REVIEW IS COMPLETE AND THE NECESSARY SIGNATURE IS OBTAINED.
FORM 990, PART VI, SECTION B, LINE 12CMPCU CLOSELY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY. THIS IS DONE PRIMARILY BY THE BOARD OF DIRECTORS AT ITS MONTHLY BOARD MEETINGS. POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE BOARD AT THESE MEETINGS, AND AFFECTED BOARD MEMBERS ARE PRECLUDED FROM VOTING OR COMMENTING ON THE ITEM OR ISSUE.
FORM 990, PART VI, SECTION B, LINE 15MPCU USES A THIRD-PARTY SOFTWARE PROGRAM TO ASSIST IN DETERMINING THE COMPENSATION OF MANAGEMENT AND OTHER KEY EMPLOYEES. THE SOFTWARE, COMPEASE FROM KOKER GOODWIN & ASSOCIATES, HAS BEEN DEVELOPED SPECIFICALLY FOR THE CREDIT UNION INDUSTRY. IT CONTAINS DETAILED COMPENSATION INFORMATION FOR CREDIT UNIONS THAT ARE SIMILAR IN SIZE TO MPCU AND ARE LOCATED IN OUR GEOGRAPHICAL AREA. BASED ON THE INFORMATION FROM COMPEASE, MANAGEMENT PROPOSES A COMPENSATION AMOUNT TO THE BOARD OF DIRECTORS. THE BOARD IS RESPONSIBLE FOR THE FINAL APPROVAL OR DISAPPROVAL OF THE PROPOSED COMPENSATION AMOUNT.
FORM 990, PART VI, SECTION C, LINE 19MPCU MAKES ITS INFORMATION AVAILABLE TO THE PUBLIC IN THE FOLLOWING WAYS: 1.) ANNUAL MEMBER MEETING TO DISCUSS FINANCIAL RESULTS OF OPERATIONS, POLICIES, AND PROCEDURES, AND ELECTION OF BOARD MEMBERS. 2.) FINANCIAL STATEMENTS ARE POSTED IN MPCU'S LOBBY ON A MONTHLY BASIS. 3.) SUMMARIZED FINANCIAL INFORMATION IS AVAILABLE ON MPCU'S WEBSITE. 4.) INDIVIDUAL REQUEST TO REVIEW GOVERNING DOCUMENTS AND POLICY/PROCEDURE MANUALS CAN BE MADE AT THE MAIN BRANCH.

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