WORTH CREDIT UNION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: WORTH CREDIT UNION (EIN 75-0796472)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-07-02
IRS object ID: 202401849349301600
Schema version: 2023v5.1
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
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-07-02T15:17:27-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	19026 RIDGEWOOD PKWY STE 400	AddressLine1Txt
City	SAN ANTONIO	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78259	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	750796472	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FORT WORTH COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FORT	BusinessNameControlTxt
Phone	8178355000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 210848	AddressLine1Txt
City	BEDFORD	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76095	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DIANE DORSEY	PersonNm
Person Title	PRESIDENT/CEO	PersonTitleTxt
Phone	8178355000	PhoneNum
Signature	2024-07-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DIANE	PersonFirstNm
Person Last	DORSEY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	REBECCA A RODRIGUEZ	PreparerPersonNm
PTIN	P01073764	PTIN
Phone	2108286281	PhoneNum
Preparation	2024-07-02	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DIANE DORSEY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 210848	AddressLine1Txt
City	BEDFORD	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76095	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$63,951,580	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.FTWCCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	THRIFT SAVINGS AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS. THE CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE ACCOUNTS, CHECKING ACCOUNTS, CONSUMER LOANS AND REAL ESTATE LOANS.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	215	TotalEmployeeCnt
Total Volunteers	9	TotalVolunteersCnt
Total Gross UBI	$47,763	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$46,168,919	PYProgramServiceRevenueAmt
CY Program Service Revenue	$48,236,645	CYProgramServiceRevenueAmt
PY Investment Income	$4,837,049	PYInvestmentIncomeAmt
CY Investment Income	$12,293,111	CYInvestmentIncomeAmt
PY Other Revenue	$145,427	PYOtherRevenueAmt
CY Other Revenue	$614,301	CYOtherRevenueAmt
PY Total Revenue	$51,151,395	PYTotalRevenueAmt
CY Total Revenue	$61,144,057	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$16,754,967	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$16,838,371	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$21,632,220	PYOtherExpensesAmt
CY Other Expenses	$37,612,038	CYOtherExpensesAmt
PY Total Expenses	$38,387,187	PYTotalExpensesAmt
CY Total Expenses	$54,450,409	CYTotalExpensesAmt
PY Revenues Less Expenses	$12,764,208	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,693,648	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,225,093,160	TotalAssetsBOYAmt
Total Assets EOY	$1,206,269,215	TotalAssetsEOYAmt
Total Liabilities BOY	$1,116,571,285	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,091,053,692	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$108,521,875	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$115,215,523	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROMOTE THRIFT SAVINGS AND BORROWING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	SHARE ACCOUNTS - OUR SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	CHECKING ACCOUNTS - OUR CHECKING ACCOUNTS PROVIDE VARIOUS FEATURES FOR CONSUMERS, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THOSE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	CONSUMER LOANS - OUR CONSUMER LOANS PROVIDE ALL TYPES OF LOANS. THE FOLLOWING TYPES OF LOANS ARE AVAILABLE: VEHICLES, RECREATIONAL VEHICLES, MORTGAGES, SIGNATURE, HOME EQUITY, CREDIT CARDS, SECURED LOANS, ETC. THE CREDIT UNION PROVIDES HOME EQUITY LOANS ALONG WITH MORTGAGE LOANS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	19562	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	215	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	DIANE DORSEY	PersonNm
Phone	8178355000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1905 FOREST RIDGE DRIVE	AddressLine1Txt
City	BEDFORD	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76021	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CHARLES REDDING
BOARD MEMBER-VICE CHAIR	2.00	Yes (X)	Yes (X)	$2,602	$0	$0
LEIGHTON WATERS
BOARD MEMBER	2.00	Yes (X)		$2,522	$0	$0
JOSEPH LOZANO
BOARD MEMBER	2.00	Yes (X)		$1,893	$0	$0
MICHAEL CLARDY
BOARD MEMBER-SECRETARY-TREASURER	2.00	Yes (X)	Yes (X)	$1,500	$0	$0
JANICE GRACZYK
BOARD MEMBER	2.00	Yes (X)		$1,375	$0	$0
TUNISIA SADRUDDIN
BOARD MEMBER-VICE CHAIR	2.00	Yes (X)	Yes (X)	$1,375	$0	$0
CHASITY CRAWLEY
BOARD MEMBER	2.00	Yes (X)		$1,250	$0	$0
TOMAS TIJERINA
BOARD MEMBER	2.00	Yes (X)		$1,250	$0	$0
NEAL OLIVER
BOARD MEMBER (UNTIL 4/25/23)	2.00	Yes (X)		$621	$0	$0
LOUISE MOLINAR
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
HERBERT SIMS
BOARD MEMBER (UNTIL 4/25/23)	2.00	Yes (X)		$1,000	$0	$0
DIANE DORSEY
PRESIDENT/CEO	40.00		Yes (X)	$459,583	$0	$52,429
MICHAEL FRANKO
SVP FINANCE	40.00		Yes (X)	$335,971	$0	$36,642
KYLE KOKE
SVP LENDING	40.00		Yes (X)	$313,712	$0	$32,838
TAMMY TRUDELLE
VP HUMAN RESOURCES	40.00		Yes (X)	$276,042	$0	$40,139
VALERIE GROSSKURTH
VP PAYMENT SYSTEMS & RISK MANAGEMENT	40.00		Yes (X)	$190,964	$0	$39,247
NEIL SPENCER
VP SUPPORT SERVICES	40.00		Yes (X)	$169,455	$0	$44,728
KAREN MARTINEZ
VP OPERATIONS	40.00		Yes (X)	$166,578	$0	$34,580
BRANDY SCARLETT
VP MARKETING	40.00		Yes (X)	$136,683	$0	$42,343
MERRILL CURRIER
VP INFORMATION SERVICES	40.00		Yes (X)	$114,065	$0	$16,873
MATT MEYERS
VP OF INFO SVCS (UNTIL APR 2023)	40.00		Yes (X)	$76,167	$0	$10,825
KOSTAS LEUCKER
INVESTMENT CONSULTANT	40.00			$280,673	$0	$53,335	Yes (X)
GINDA ABRAHAM
AVP ACCOUNTING	40.00			$163,392	$0	$23,042	Yes (X)
SHELIA HAILEY
AVP REAL ESTATE	40.00			$124,333	$0	$31,390	Yes (X)
LISA PIPPIN
AVP LENDING	40.00			$126,423	$0	$20,662	Yes (X)
TERRI BOOP
AVP BRANCH OPERATIONS	40.00			$134,459	$0	$9,546	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,083,888	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$488,619	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	18	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
NCR CORPORATION
PO BOX 740641	LOS ANGELES	CA	900740641	WEBSITE	$1,123,284
PSCU
560 CARILLON PARKWAY	ST PETERSBURG	FL	33716	SOFTWARE SERVICES	$928,001
FISERV
PO BOX 208457	DALLAS	TX	753208457	SOFTWARE SERVICES	$823,639
LANVERA LTD
112 WRANGLER DR STE 150	COPPELL	TX	75019	MAILING SERVICE	$446,382
MBM ROOFING
PO BOX 736	WAXAHACHIE	TX	75168	CONSTRUCTION	$361,494

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	16	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS	522100	$37,276,980	$37,276,980
LOAN FEE INCOME	522100	$8,020,301	$8,020,301
MEMBER FEES & CHARGES	522100	$2,939,364	$2,891,601	$47,763

Field	Value	IRS element (for citing)
Total Program Service Revenue	$48,236,645	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,237,028	TotalRevenueColumnAmt
Exclusion	$12,237,028	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,863,474	SecuritiesAmt
Other	$132	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$2,805,402	SecuritiesAmt
Other	$2,121	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$58,072	SecuritiesAmt
Other	-$1,989	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$56,083	TotalRevenueColumnAmt
Exclusion	$56,083	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GAIN ON INVESTMENT	900999	$449,604	$449,604
MISCELLANEOUS	522100	$164,697	$164,697

Field	Value	IRS element (for citing)
Other Revenue Total	$614,301	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$61,144,057	TotalRevenueColumnAmt
Related Or Exempt Func Income	$48,803,183	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$47,763	UnrelatedBusinessRevenueAmt
Exclusion	$12,293,111	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,821,093	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,118,717	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$660,895	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,362,423	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$875,243	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$5,273,544	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$34,958	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$532,376	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$659,088	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,938,978	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,268,068	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,408,471	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$111,708	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$15,261,335	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,193,863	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$409,906	TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$7,231,257
LOAN SERVICING	$1,573,866
MISCELLANEOUS EXPENSE	$714,620

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$54,450,409	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,951,401	BOYAmt
EOY	$4,385,613	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$119,132,206	BOYAmt
EOY	$145,748,365	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$839,526	BOYAmt
EOY	$967,354	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$19,639,360	BOYAmt
EOY	$19,939,160	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$806,811,935	BOYAmt
EOY	$722,617,508	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,379,824	BOYAmt
EOY	$5,360,564	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$41,895,968	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$16,731,624	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$25,850,944	BOYAmt
EOY	$25,164,344	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$233,271,672	BOYAmt
EOY	$270,668,465	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$11,216,292	BOYAmt
EOY	$11,417,842	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,225,093,160	BOYAmt
EOY	$1,206,269,215	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$13,037,410	BOYAmt
EOY	$11,460,893	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,103,533,875	BOYAmt
EOY	$1,079,592,799	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,116,571,285	BOYAmt
EOY	$1,091,053,692	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$108,521,875	BOYAmt
EOY	$115,215,523	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$108,521,875	BOYAmt
EOY	$115,215,523	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,225,093,160	BOYAmt
EOY	$1,206,269,215	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,693,648	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,613,873	OtherCostOrOtherBasisAmt
Book Value	$8,613,873	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$25,121,675	OtherCostOrOtherBasisAmt
Depreciation	$9,869,045	DepreciationAmt
Book Value	$15,252,630	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$280,037	OtherCostOrOtherBasisAmt
Depreciation	$257,825	DepreciationAmt
Book Value	$22,212	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,753,338	OtherCostOrOtherBasisAmt
Depreciation	$6,519,030	DepreciationAmt
Book Value	$1,234,308	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$127,045	OtherCostOrOtherBasisAmt
Depreciation	$85,724	DepreciationAmt
Book Value	$41,321	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$25,164,344	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES	Desc
Amt	$1,079,592,799	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,079,592,799	TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART XI AND XII:	FormAndLineReferenceDesc
Explanation	FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2023.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DIANE DORSEY
PRESIDENT/CEO	$426,046	$0	$28,389	$0	$5,148	$0	$23,028	$0	$29,401	$0	$512,012	$0	$0	$0
MICHAEL FRANKO
SVP FINANCE	$299,836	$0	$21,616	$0	$14,519	$0	$22,207	$0	$14,435	$0	$372,613	$0	$0	$0
KYLE KOKE
SVP LENDING	$272,199	$0	$20,113	$0	$21,400	$0	$19,268	$0	$13,570	$0	$346,550	$0	$0	$0
KOSTAS LEUCKER
INVESTMENT CONSULTANT	$268,727	$0	$11,946	$0	$0	$0	$19,397	$0	$33,938	$0	$334,008	$0	$0	$0
TAMMY TRUDELLE
VP HUMAN RESOURCES	$252,862	$0	$19,448	$0	$3,732	$0	$18,347	$0	$21,792	$0	$316,181	$0	$0	$0
VALERIE GROSSKURTH
VP PAYMENT SYSTEMS & RISK MANAGEMENT	$171,480	$0	$17,864	$0	$1,620	$0	$12,743	$0	$26,504	$0	$230,211	$0	$0	$0
NEIL SPENCER
VP SUPPORT SERVICES	$145,821	$0	$16,043	$0	$7,591	$0	$11,214	$0	$33,514	$0	$214,183	$0	$0	$0
KAREN MARTINEZ
VP OPERATIONS	$140,933	$0	$16,963	$0	$8,682	$0	$10,958	$0	$23,622	$0	$201,158	$0	$0	$0
GINDA ABRAHAM
AVP ACCOUNTING	$149,517	$0	$12,114	$0	$1,761	$0	$10,616	$0	$12,426	$0	$186,434	$0	$0	$0
BRANDY SCARLETT
VP MARKETING	$117,720	$0	$16,187	$0	$2,776	$0	$9,041	$0	$33,302	$0	$179,026	$0	$0	$0
SHELIA HAILEY
AVP REAL ESTATE	$110,279	$0	$11,853	$0	$2,201	$0	$8,237	$0	$23,153	$0	$155,723	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

*TRAVEL FOR COMPANIONS - ANY BOARD/AUDIT COMMITTEE MEMBER OR STAFF CAN APPLY TO TRAVEL FOR A CONFERENCE. TRAVEL IS FOR CREDIT UNIION BUSINESS. IF A SPOUSE OR GUEST GOES WITH THE PERSON, THEN IT IS TAXABLE FOR THAT PORTION ON A FORM 1099. EMPLOYEES HAVE TO REIMBURSE FOR GUESTS. *HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT AND VP'S ARE ELIGIBLE TO RECEIVE REIMBURSEMENT FOR HEALTH CLUB DUES UP TO $75 PER MONTH. THIS IS NOT SHOWN AS TAXABLE INCOME TO THESE EMPLOYEES.

PART I, LINE 4B

THE CREDIT UNION HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR CERTAIN EXECUTIVE OFFICERS OF THE CREDIT UNION. THE SERP WAS FUNDED WITH A SECURED SPLIT DOLLAR (SSD) DESIGN. THE CREDIT UNION ENTERED INTO AN AGREEMENT TO PURCHASE SSD INSURANCE POLICIES ON BEHALF OF CERTAIN EXECUTIVE OFFICERS. THE INSURANCE POLICIES ARE SUBJECT TO A COLLATERAL ASSIGNED BY THE CREDIT UNION AND SUBJECT TO CERTAIN VESTING REQUIREMENTS. THERE WERE NO PAYMENTS FROM THE SSD PLANS. SEE SCHEDULE L, PART II FOR ADDITIONAL DETAILS.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (12 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
RICHARD HOWDESHELL
FORMER OFFICER	FUND LIFE INSURANCE	Yes (X)	$2,861,959	$3,040,843	0	Yes (1)	Yes (1)
MICHAEL J FRANKO
OFFICER	FUND LIFE INSURANCE	Yes (X)	$1,118,566	$1,188,480	0	Yes (1)	Yes (1)
TAMMY TRUDELLE
OFFICER	FUND LIFE INSURANCE	Yes (X)	$711,815	$756,305	0	Yes (1)	Yes (1)
DIANE DORSEY
OFFICER	FUND LIFE INSURANCE	Yes (X)	$2,440,599	$2,650,910	0	Yes (1)	Yes (1)
ROCHELLE DRAKE
FORMER OFFICER	FUND LIFE INSURANCE	Yes (X)	$1,654,678	$1,803,754	0	Yes (1)	Yes (1)
KYLE KOKE
OFFICER	FUND LIFE INSURANCE	Yes (X)	$1,192,008	$1,266,512	0	Yes (1)	Yes (1)
CARL AUZENNE
FORMER OFFICER	FUND LIFE INSURANCE	Yes (X)	$824,369	$875,895	0	Yes (1)	Yes (1)
KAREN MARTINEZ
OFFICER	FUND LIFE INSURANCE	Yes (X)	$994,267	$999,069	0	Yes (1)	Yes (1)
VALERIE GROSSKURTH
OFFICER	FUND LIFE INSURANCE	Yes (X)	$895,092	$898,223	0	Yes (1)	Yes (1)
NEIL SPENCER
OFFICER	FUND LIFE INSURANCE	Yes (X)	$622,719	$635,091	0	Yes (1)	Yes (1)
BRANDY SCARLETT
OFFICER	FUND LIFE INSURANCE	Yes (X)	$331,821	$333,892	0	Yes (1)	Yes (1)
MARC RHODES
FORMER OFFICER	FUND LIFE INSURANCE	Yes (X)	$4,917,838	$5,490,186	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$19,939,160	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	THE RETURN IS REVIEWED BY THE AVP OF ACCOUNTING AND THE CEO OF THE CREDIT UNION.
FORM 990, PART VI, SECTION B, LINE 15A	THE COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD AND A COMPENSATION COMMITTEE AND COMPENSATION SURVEY IS USED ALONG WITH A WRITTEN EMPLOYMENT CONTRACT.
FORM 990, PART VI, SECTION C, LINE 19	THE CREDIT UNION DISPLAYS CURRENT FINANCIALS STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 2:	FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2023.
FORM 990, PART XII, LINE 2C:	THE AUDIT COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND HAS THE RESPONSIBILITY FOR GENERAL OVERSIGHT OF THE INTERNAL AUDIT DEPARTMENT AND HAS THE AUTHORITY TO ENGAGE AN ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR ELECTION PROCESS.