BOULDER DAM CREDIT UNION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: BOULDER DAM CREDIT UNION (EIN 88-0059939)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-13
IRS object ID: 202403189349305070
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 C
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-13T11:27:46-06:00	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	4650 EAST 53RD STREET	AddressLine1Txt
City	DAVENPORT	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	528073479	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	880059939	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BOULDER DAM CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BOUL	BusinessNameControlTxt
Phone	7022937777	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 61530	AddressLine1Txt
City	BOULDER CITY	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	890061530	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STEELE HENDRIX	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	7022937777	PhoneNum
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JENIFER L CHASE	PreparerPersonNm
PTIN	P01306883	PTIN
Phone	5638884000	PhoneNum
Preparation	2024-11-08	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	STEELE HENDRIX	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 61530	AddressLine1Txt
City	BOULDER CITY	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	890061530	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$35,773,093	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.BOULDERDAMCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	NV	LegalDomicileStateCd
Activity Or Mission	WE ARE PEOPLE HELPING PEOPLE BUILD THEIR FUTURES AND REALIZE THEIR DREAMS BY PROVIDING SHARE AND LOAN ACCOUNTS AND OTHER FINANCIAL SERVICES.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	50	TotalEmployeeCnt
Total Volunteers	9	TotalVolunteersCnt
Total Gross UBI	$142,819	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$12,350,288	PYProgramServiceRevenueAmt
CY Program Service Revenue	$13,625,441	CYProgramServiceRevenueAmt
PY Investment Income	$10,599,563	PYInvestmentIncomeAmt
CY Investment Income	$21,572,107	CYInvestmentIncomeAmt
PY Other Revenue	$441,940	PYOtherRevenueAmt
CY Other Revenue	$575,545	CYOtherRevenueAmt
PY Total Revenue	$23,391,791	PYTotalRevenueAmt
CY Total Revenue	$35,773,093	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	$5,918,250	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,003,288	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$9,335,827	PYOtherExpensesAmt
CY Other Expenses	$22,823,139	CYOtherExpensesAmt
PY Total Expenses	$15,254,077	PYTotalExpensesAmt
CY Total Expenses	$28,826,427	CYTotalExpensesAmt
PY Revenues Less Expenses	$8,137,714	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,946,666	CYRevenuesLessExpensesAmt
Total Assets BOY	$835,531,285	TotalAssetsBOYAmt
Total Assets EOY	$808,419,660	TotalAssetsEOYAmt
Total Liabilities BOY	$760,437,757	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$724,453,384	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$75,093,528	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$83,966,276	NetAssetsOrFundBalancesEOYAmt
Mission	WE ARE PEOPLE HELPING PEOPLE BUILD THEIR FUTURES AND REALIZE THEIR DREAMS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	ONE OF BOULDER DAM CREDIT UNION'S (THE CREDIT UNION) TWO PRIMARY PURPOSES IS TO PROVIDE CREDIT TO ITS MEMBERS AT A COMPETITIVE RATE. THE CREDIT UNION PROVIDES REAL ESTATE, AUTO, BOAT, RV, AND SIGNATURE AND VISA LOANS TO ELIGIBLE MEMBERS. AS OF 12/31/2023, THE CREDIT UNION HAD 3,020 LOANS WITH A BALANCE OF APPROXIMATELY $270.4 MILLION AND 2,287 VISA CARDS WITH A BALANCE OF APPROXIMATELY $1.88 MILLION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	THE SECOND MAIN SERVICE THAT BOULDER DAM CREDIT UNION (THE CREDIT UNION) OFFERS IS DEPOSIT SERVICES TO ELIGIBLE MEMBERS. THE CREDIT UNION OFFERS SAVINGS ACCOUNTS, CHECKING ACCOUNTS, AND INDIVIDUAL RETIREMENT ACCOUNTS TO ALL MEMBERS. IN ORDER TO MAINTAIN A SHARE ACCOUNT AN INDIVIDUAL MUST BE ELIGIBLE FOR MEMBERSHIP. ELIGIBILITY REQUIRES THAT A PERSON LIVE OR WORK IN BOULDER CITY, NEVADA. DUE TO THE EXCEPTIONAL SERVICE LEVEL PROVIDED BY THE CREDIT UNION, APPROXIMATELY 90% OF ELIGIBLE MEMBERS ARE MEMBERS OF THE CREDIT UNION. ONCE AGAIN, THE CREDIT UNION DOES NOT CHARGE FEES FOR DEPOSIT ACCOUNTS; OTHER THAN PUNITIVE FEES FOR OVERDRAFTS AND INSUFFICIENT FUND ITEMS. AT 12/31/2023, THE CREDIT UNION HAD 20,274 MEMBERS TOTALING $723,242,404 IN SHARE DEPOSITS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	AN ANCILLARY PRODUCT OFFERED BY BOULDER DAM CREDIT UNION (THE CREDIT UNION) IS THE ELECTRONIC DELIVERY OF SERVICES. THE CREDIT UNION OFFERS DEBIT CARDS, VISA CREDIT CARDS, ATM ACCESS, PHONE ACCOUNT ACCESS AND INTERNET ACCOUNT ACCESS. ALL SERVICES ARE OFFERED AT NO COST TO ELIGIBLE MEMBERS. ADDITIONALLY, THE CREDIT UNION BELONGS TO THE CO-OP ATM NETWORK, WHICH ENABLES MEMBER TO USE NETWORK RELATED ATMS NATIONWIDE WITH NO SURCHARGE. APPROXIMATELY 60% OF OUR MEMBERS UTILIZE SOME TYPE OF ELECTRONIC DELIVERY SERVICE.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	Yes (1)	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	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	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	12969	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	50	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
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	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	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	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	Yes (1)	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

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STEELE HENDRIX	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7022937777	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 61530	AddressLine1Txt
City	BOULDER CITY	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	890061530	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CYNDY ANDERSON
DIRECTOR	2.00	Yes (X)	$0	$0	$0
FRANK DISANZA
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
CHARMAINE FERRARI
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
ROBERT MERRELL
VICE CHAIR	2.00	Yes (X)	$0	$0	$0	Yes (X)
TINA MULLIS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
DOUG SCHEPPMANN
CHAIR	2.00	Yes (X)	$0	$0	$0	Yes (X)
TERRY STEVENS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
ERIC ESTES
FORMER PRESIDENT / CEO	40.00		$480,132	$0	$100,953	Yes (X)
STEELE HENDRIX
PRESIDENT / CEO	40.00		$320,944	$0	$105,554	Yes (X)
MARY BETH CLIFT
MEMBER SERVICE COORDINATOR	40.00		$161,716	$0	$44,630		Yes (X)
TERI SIMMONS
ASSISTANT OPERATIONS COORDINATOR	40.00		$136,003	$0	$43,429		Yes (X)
BARBARA BENNETT
LOAN COORDINATOR	40.00		$146,411	$0	$50,467		Yes (X)
KYLE JOHNSON
COMPLIANCE MANAGER	40.00		$122,378	$0	$51,163		Yes (X)
JARON SINGLETON
ACCOUNTING MANAGER	40.00		$131,146	$0	$42,574		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,498,730	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$438,770	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	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
FISERV
2601 NETWORK BLVD SUITE 600	FRISCO	TX	75034	DATA PROCESSING	$2,570,673
QUALITY CONSTRUCTION MANAGERS
1011 INDUSTRIAL RD STE 5	BOULDER CITY	NV	89005	CONSTRUCTION	$840,235
DYNTEK SERVICES INC
5241 CALIFORNIA AVE STE 150	IRVINE	CA	92617	COMPUTER	$166,455
DIEBOLD NIXDORF
PO BOX 643543	PITTSBURGH	PA	15264	ATM SERVICES AND SUPPORT	$164,818
BUSINESS DATA INC
PO BOX 6081	INGLEWOOD	CA	90312	STATEMENT PROCESSING AND MAILING	$155,962

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST	522100	$12,415,834	$12,415,834
SERVICE CHARGES & OTHER FEES	522100	$1,209,607	$1,066,788	$142,819

Field	Value	IRS element (for citing)
Total Program Service Revenue	$13,625,441	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21,572,107	TotalRevenueColumnAmt
Exclusion	$21,572,107	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$23,100	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$23,100	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$23,100	TotalRevenueColumnAmt
Exclusion	$23,100	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER NONINTEREST INCOME	Desc
Business	522100	BusinessCd
Total Revenue Column	$552,445	TotalRevenueColumnAmt
Related Or Exempt Func Income	$552,445	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$552,445	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$35,773,093	TotalRevenueColumnAmt
Related Or Exempt Func Income	$14,035,067	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$142,819	UnrelatedBusinessRevenueAmt
Exclusion	$21,595,207	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,007,583	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,551,377	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$547,457	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$568,369	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$328,502	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,030,229	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$214,016	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$676,817	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,112,181	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$175,433	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$31,035	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$17	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$248,274	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$130,681	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
DIVIDENDS PAID TO MEMBE	$16,326,266
ATM/CARD EXPENSE	$1,328,024
LOAN SERVICING EXPENSES	$323,722
ASSOCIATION DUES	$93,588

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$132,856	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$28,826,427	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$49,424,500	BOYAmt
EOY	$46,772,203	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$6,525,640	BOYAmt
EOY	$6,681,752	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$224,809,064	BOYAmt
EOY	$271,173,158	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,802	BOYAmt
EOY	$4,398	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,652,958	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,554,296	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,103,796	BOYAmt
EOY	$1,098,662	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$553,650,181	BOYAmt
EOY	$482,675,229	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,302	BOYAmt
EOY	$14,258	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$835,531,285	BOYAmt
EOY	$808,419,660	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,550,455	BOYAmt
EOY	$1,210,980	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$758,887,302	BOYAmt
EOY	$723,242,404	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$760,437,757	BOYAmt
EOY	$724,453,384	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	$75,093,528	BOYAmt
EOY	$83,966,276	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$75,093,528	BOYAmt
EOY	$83,966,276	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$835,531,285	BOYAmt
EOY	$808,419,660	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,946,666	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,926,082	NetUnrlzdGainsLossesInvstAmt
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	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$10,000	PoliticalExpendituresAmt
Volunteer Hours	150	VolunteerHoursCnt
Internal Funds Contributed	$10,000	InternalFundsContributedAmt
Total Exempt Function Expend	$10,000	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (1)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEVADA CREDIT UNION LEAGUE PAC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6475 W SAHARA AVE	AddressLine1Txt
City	LAS VEGAS	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	89146	ZIPCd

Field	Value	IRS element (for citing)
EIN	880270264	EIN
Paid Internal Funds	$10,000	PaidInternalFundsAmt
Contributions Rcvd Dlvr	$0	ContributionsRcvdDlvrAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I-A, LINE 1:	FormAndLineReferenceDesc
Explanation	BOULDER DAM CREDIT UNION MAKES AN ANNUAL CONTRIBUTION TO THE NEVADA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE (PAC). THIS PAC MAKES CONTRIBUTIONS TO STATE LEVEL CANDIDATES WHO ARE FRIENDS OF CREDIT UNIONS.	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,098,662	OtherCostOrOtherBasisAmt
Book Value	$1,098,662	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,306,022	OtherCostOrOtherBasisAmt
Depreciation	$4,306,022	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$248,274	OtherCostOrOtherBasisAmt
Depreciation	$248,274	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,098,662	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ACCRUED INTEREST/INCOME	$2,643,856	C
SHARE INSURANCE DEPOSIT	$10,315,572	C
AVAILABLE FOR SALE	$385,032,122	F
US GOV'T OBLIGATIONS & FED AGENCY SECURITIES	$51,323,539	C
FED AGENCY SEC/RESIDENTIAL MTG-BACKED SEC/SBA POOLS/COLLATERALIZED MTG	$11,114,410	C
CU COOPERATIVE SYSTEMS STOCK	$20,000	C
FHLB DEPOSIT / CAPITAL ACCOUNT	$22,225,730	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$482,675,229	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBER SHARES AND DEPOSITS	Desc
Amt	$723,242,404	Amt

Field	Value	IRS element (for citing)
Total Liability	$723,242,404	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$35,160,170	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$35,160,170	RevenueSubtotalAmt
Other Revenues Not Included	$612,923	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$612,923	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$35,773,093	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$28,213,504	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$28,213,504	ExpensesSubtotalAmt
Other Expenses Not Included	$612,923	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$612,923	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$28,826,427	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	BOULDER DAM CREDIT UNION (THE CREDIT UNION) IS EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES. THE CREDIT UNION IS A NEVADA STATE-CHARTERED CREDIT UNION DESCRIBED IN THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). FASB CODIFICATION TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED, AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES AN EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITION IS MORE-LIKELY-THAN-NOT "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2023, AND 2022 MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	INTEREST REFUND TO MEMBERS RECLASSIFIED TO FUNCTIONAL EXPENSE 612,923.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INTEREST REFUND TO MEMBERS RECLASSIFIED TO FUNCTIONAL EXPENSE 612,923.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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
ERIC ESTES
FORMER PRESIDENT / CEO	$476,778	$0	$0	$0	$3,354	$0	$66,000	$0	$34,953	$0	$581,085	$0	$0	$0
STEELE HENDRIX
PRESIDENT / CEO	$319,233	$0	$0	$0	$1,711	$0	$58,540	$0	$47,014	$0	$426,498	$0	$0	$0
MARY BETH CLIFT
MEMBER SERVICE COORDINATOR	$159,244	$0	$0	$0	$2,472	$0	$31,905	$0	$12,725	$0	$206,346	$0	$0	$0
BARBARA BENNETT
LOAN COORDINATOR	$143,486	$0	$0	$0	$2,925	$0	$29,235	$0	$21,232	$0	$196,878	$0	$0	$0
TERI SIMMONS
ASSISTANT OPERATIONS COORDINATOR	$134,522	$0	$0	$0	$1,481	$0	$26,584	$0	$16,845	$0	$179,432	$0	$0	$0
JARON SINGLETON
ACCOUNTING MANAGER	$130,909	$0	$0	$0	$237	$0	$27,904	$0	$14,670	$0	$173,720	$0	$0	$0
KYLE JOHNSON
COMPLIANCE MANAGER	$121,779	$0	$0	$0	$599	$0	$27,063	$0	$24,100	$0	$173,541	$0	$0	$0

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
ERIC ESTES
FORMER OFFICER	COLLATERAL ASSIGNED SPLIT-DOLLAR LIFE INSURANCE POLICY	Yes (X)	$2,100,000	$2,471,069	0	Yes (1)	Yes (1)
STEELE HENDRIX
OFFICER	COLLATERAL ASSIGNED SPLIT-DOLLAR LIFE INSURANCE POLICY	Yes (X)	$4,200,000	$4,210,683	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$6,681,752	TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, PART II, LOANS TO INTERESTED PERSONS:	FormAndLineReferenceDesc
Explanation	BOULDER DAM CREDIT UNION (THE CREDIT UNION) HAS ENTERED INTO COLLATERAL SPLIT-DOLLAR LIFE INSURANCE AGREEMENTS FOR TWO OFFICERS. THE CREDIT UNION PROVIDED A LOAN TO THE INDIVIDUALS TO FUND THE PURCHASE OF A LIFE INSURANCE POLICY, WHICH IS OWNED AND CONTROLLED BY THE INDIVIDUALS. BY WAY OF THE COLLATERAL ASSIGNMENT AND SIDE ACCOUNT ASSIGNMENT FROM THE INDIVIDUALS TO THE CREDIT UNION, THE LOAN IS COLLATERALIZED BY THE LIFE INSURANCE POLICY, BEARS AN INTEREST RATE OF 2.48%, AND IS NON-RECOURSE. THE INDIVIDUALS AND THE INDIVIDUALS' ESTATE AND BENEFICIARIES ARE NOT PERSONALLY OBLIGATED TO PAY THE OUTSTANDING BALANCE. THE POLICY, PREMIUM DEPOSIT ACCOUNT, AND SIDE ACCOUNT, WHICH TOGETHER COMPRISE THE TOTAL ASSET VALUE, ARE THE SOLE SOURCES FOR THE LOAN PAYMENTS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	BOULDER DAM CREDIT UNION HAS MEMBERS AS SPECIFIED IN ITS BYLAWS.
FORM 990, PART VI, SECTION A, LINE 7A	BOULDER DAM CREDIT UNION MEMBERS HAVE THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 8B	BOULDER DAM CREDIT UNION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER/PRESIDENT AND IS APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 15A	THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS ESTABLISHED AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS COMPENSATION DATA FROM INDUSTRY SURVEYS LIKE THE CUNA STAFF SALARY REPORT OR THE NAFCU GALLAGHER EXECUTIVE COMPENSATION AND BENEFITS SURVEY. THIS COMPENSATION DISCUSSION IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MEETING'S MINUTES. EXECUTIVE COMPENSATION AND BENEFIT REVIEWS TAKES PLACE ANNUALLY AND WAS LAST COMPLETED IN 2024.
FORM 990, PART VI, SECTION C, LINE 19	BOULDER DAM CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104(D). BOULDER DAM CREDIT UNION DOES NOT HAVE A CONFLICT OF INTEREST POLICY.
FORM 990, PART XI, LINE 2C:	THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PREVIOUS TAX YEAR.