CITIES CREDIT UNION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CITIES CREDIT UNION (EIN 41-0519535)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-05
IRS object ID
202440969349300234
Schema version
2023v5.0
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)
Return2024-04-05T16:48:27-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN811697509PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AUDIT THREESIXTYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11202 JOHNSON STAddressLine1Txt
CityONALASKACityNm
State AbbreviationWIStateAbbreviationCd
ZIP546502008ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN410519535EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CITIES CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCITIBusinessNameControlTxt
Phone6514263773PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13625 TALMAGE CIRCLEAddressLine1Txt
CityVADNAIS HEIGHTSCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTINE HEUERPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone6514263773PhoneNum
Signature2024-03-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKRISTINEPersonFirstNm
Person LastHEUERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER RASMUSSENPreparerPersonNm
PTINP01888997PTIN
Phone6083173765PhoneNum
Preparation2024-04-05PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMIKE ENRIGHTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13625 TALMAGE CIRCLEAddressLine1Txt
CityVADNAIS HEIGHTSCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,489,903GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CITIESCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionNEIGHBORLY, COMFORTABLE, FUN AND RIGHTHEARTED SERVICE. OFFERS HUMBLE GUIDANCE TO MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,149,127PYProgramServiceRevenueAmt
CY Program Service Revenue$1,123,129CYProgramServiceRevenueAmt
PY Investment Income$288,495PYInvestmentIncomeAmt
CY Investment Income$321,740CYInvestmentIncomeAmt
PY Other Revenue$30,087PYOtherRevenueAmt
CY Other Revenue$45,034CYOtherRevenueAmt
PY Total Revenue$1,467,709PYTotalRevenueAmt
CY Total Revenue$1,489,903CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$398,074PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$419,179CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,047,349PYOtherExpensesAmt
CY Other Expenses$1,076,318CYOtherExpensesAmt
PY Total Expenses$1,445,423PYTotalExpensesAmt
CY Total Expenses$1,495,497CYTotalExpensesAmt
PY Revenues Less Expenses$22,286PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,594CYRevenuesLessExpensesAmt
Total Assets BOY$37,961,220TotalAssetsBOYAmt
Total Assets EOY$34,334,348TotalAssetsEOYAmt
Total Liabilities BOY$35,271,310TotalLiabilitiesBOYAmt
Total Liabilities EOY$31,650,033TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,689,910NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,684,315NetAssetsOrFundBalancesEOYAmt
MissionNEIGHBORLY, COMFORTABLE, FUN AND RIGHTHEARTED SERVICE. OFFERS HUMBLE GUIDANCE TO MEMBERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTHE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE TO OUR MEMBERS. WE OPENED 97 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 2,358 MEMBERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTHE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 204 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 59,547 LOANS RECEIVABLE OUTSTANDING.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document378IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKRISTINE HEUERPersonNm
Phone6514263773PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13625 TALMAGE CIRCLEAddressLine1Txt
CityVADNAIS HEIGHTSCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55110ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MIKE ENRIGHT
PRESIDENT40.00Yes (X)$88,867$0$13,387
KRISTINE HEUER
VICE PRESIDE40.00Yes (X)$81,164$0$14,115
DANIEL PEDERSON
CHAIR1.00Yes (X)$0$0$0Yes (X)
JOAN SIEGFRIED
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
JAMES WALKER
SECRETARY1.00Yes (X)$0$0$0Yes (X)
THOMAS BROCKWAY
DIRECTOR1.00$0$0$0Yes (X)
JAMES ARTHE
DIRECTOR1.00$0$0$0Yes (X)
RICHARD LARSON
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$170,031TotalReportableCompFromOrgAmt
Total Other Compensation$27,502TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

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 Line175 REMITTANCE DRIVEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60675ZIPCd
FieldValueIRS element (for citing)
ServicesDATA PROCESSINGServicesDesc
Compensation$191,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST ON LOANS522130$893,932$893,932
OTHER MEMBER RELATED INCOME522130$142,386$142,386
MEMBER FEE INCOME522130$86,811$86,811
FieldValueIRS element (for citing)
Total Program Service Revenue$1,123,129TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$321,740TotalRevenueColumnAmt
Exclusion$321,740ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$45,034RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$45,034RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,034TotalRevenueColumnAmt
Exclusion$45,034ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,489,903TotalRevenueColumnAmt
Related Or Exempt Func Income$1,123,129RelatedOrExemptFuncIncomeAmt
Exclusion$366,774ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$170,031TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$176,573TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,300TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$34,585TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,690TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$220TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,570TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$40,281TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,756TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$177,651TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$137,172TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$113,361TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,464TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,868TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$75,780TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$26,000TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
LOAN SERVICING$241,356
PROVISION FOR LOAN LOSS$136,000
DIVIDENDS EXPENSE$59,839

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,495,497TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$278,380BOYAmt
EOY$219,162EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,167,303BOYAmt
EOY$2,363,583EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$18,198,929BOYAmt
EOY$16,281,817EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,528BOYAmt
EOY$9,097EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,115,599LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,478,137LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$659,868BOYAmt
EOY$637,462EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$14,832,134BOYAmt
EOY$14,297,070EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$814,078BOYAmt
EOY$526,157EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,961,220BOYAmt
EOY$34,334,348EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$218,902BOYAmt
EOY$227,697EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$231,445BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$34,820,963BOYAmt
EOY$31,422,336EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,271,310BOYAmt
EOY$31,650,033EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,689,910BOYAmt
EOY$2,684,315EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,689,910BOYAmt
EOY$2,684,315EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,961,220BOYAmt
EOY$34,334,348EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$5,594ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$180,000OtherCostOrOtherBasisAmt
Book Value$180,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,038,184OtherCostOrOtherBasisAmt
Depreciation$666,247DepreciationAmt
Book Value$371,937BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$872,077OtherCostOrOtherBasisAmt
Depreciation$796,066DepreciationAmt
Book Value$76,011BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,338OtherCostOrOtherBasisAmt
Depreciation$15,824DepreciationAmt
Book Value$9,514BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$637,462TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS WITH MATURITY > 1 YEAR$13,988,000C
CORP CU MEMBERSHIP & PAID IN CAPTIAL$284,709C
CO-OP NETWORK SHARES$20,000C
INVESTMENT IN SERVION GROUP$4,361C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$14,297,070TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARES AND CERTIFICATESDesc
Amt$31,422,336Amt
FieldValueIRS element (for citing)
Total Liability$31,422,336TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION.
FORM 990, PAGE 6, PART VI, LINE 7ATHE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE.
FORM 990, PAGE 6, PART VI, LINE 7BA MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE.
FORM 990, PAGE 6, PART VI, LINE 11BVICE PRESIDENT PROVIDES THE INFORMATION TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. VP REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. VP NOTIFIES SUPERVISORY COMMITTE THE 990 HAS BEEN FILED AND IS AVAILABLE FOR THEIR REIVEW. THE BOARD IS NOTIFIED AT THEIR NEXT MEETING.
FORM 990, PAGE 6, PART VI, LINE 12CAT THE FIRST BOARD MEETING AFTER THE ANNUAL MEETING EACH YEAR, THE BOARD MEMBERS ARE ASKED TO DISCLOSE ANY KNOWN CONFLICTS OF INTEREST. ANY CONFLICTS ARE NOTED IN THE BOARD MINUTES.
FORM 990, PAGE 6, PART VI, LINE 15ATHE BOARD IS PROVIDED COMPARABLE DATA FOR CEO SALARIES WHICH THEY REVIEW. THE BOARD MEETS WITH THE CEO TO REVIEW HIS PROFORMANCE AND GOALS FOR THE NEXT YEAR. THE BOARD THEN DETERMINES THE CEO COMPENSATION. THE BOARD CHAIR PREPARES A SIGNED LETTER TO THE CEO TO DOCUMENT HIS APPROVED COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 15BTHE PRESIDENT DETERMINES SALARY OF ALL OTHER EMPLOYEES USING COMPARABLE SALARY DATA. THE COMPENSATION AMOUNTS ARE INCLUDED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.
FORM 990, PART XI, LINE 9ROUNDING -1

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