CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO (EIN 84-0500890)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349308197
- Schema version
- 2022v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T10:44:10-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382492570 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOEREN MAYHEW | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 WEST BIG BEAVER ROAD | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840500890 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PREMIER MEMBERS CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PREM | BusinessNameControlTxt |
| Phone | 3036577592 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 INTERLOCKEN BLVD | AddressLine1Txt |
| City | BROOMFIELD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80021 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARLOS PACHECO | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 3036577592 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CARLOS | PersonFirstNm |
| Person Last | PACHECO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JACK C TRACY | PreparerPersonNm |
| PTIN | P01974742 | PTIN |
| Phone | 2482443000 | PhoneNum |
| Preparation | 2023-11-14 | 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 | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CARLOS PACHECO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 INTERLOCKEN BLVD | AddressLine1Txt |
| City | BROOMFIELD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,557,874 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PMCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1950 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 439 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $41,490 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,684 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,497,546 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $57,294,704 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,379,113 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,999,272 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,757,969 | PYOtherRevenueAmt |
| CY Other Revenue | $1,255,274 | CYOtherRevenueAmt |
| PY Total Revenue | $57,634,628 | PYTotalRevenueAmt |
| CY Total Revenue | $64,549,250 | 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 | $24,358,975 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $27,767,366 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,691,137 | PYOtherExpensesAmt |
| CY Other Expenses | $30,919,332 | CYOtherExpensesAmt |
| PY Total Expenses | $50,050,112 | PYTotalExpensesAmt |
| CY Total Expenses | $58,686,698 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,584,516 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,862,552 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,586,159,504 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,729,814,818 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,431,889,715 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,596,391,718 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $154,269,789 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $133,423,100 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO MEMBERS OF THE CREDIT UNION. OVER 79,000 MEMBERS SERVED. | Desc |
| 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32168 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 439 | 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 | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | 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 | MARK WIETE | PersonNm |
| Phone | 3036577000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 360 INTERLOCKEN BLVD | AddressLine1Txt |
| City | BROOMFIELD | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80021 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARK GISI | ||||||||
| CHAIRPERSON | 2.00 | Yes (X) | $40,000 | $0 | $0 | |||
| HARVEY A KAMIONKA | ||||||||
| TREASURER | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| BRIAN GISI | ||||||||
| SECRETARY | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| KEN BLACK | ||||||||
| CO-SECRETARY | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| MICHAEL MEYERS | ||||||||
| VICE CHAIRPERSON | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| PETER JANSKY | ||||||||
| CO-TREASURER | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| JAMES CLEMMER | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| JAMES ELLIS | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| ELAINE HUTCHINGS | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| JOANNE TILLEY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| WAYNE TURNACLIFF | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| LYNEL VALLIER | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | |||
| HARVEY E KAMIONKA | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $12,500 | $0 | $0 | |||
| GARY HORTON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $2,500 | $0 | $0 | |||
| SHEUCH-FONG HSU | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $2,500 | $0 | $0 | |||
| AMANDA MEADER | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $2,500 | $0 | $0 | |||
| MARK WIETE | ||||||||
| EVP FINANCE & ADMINISTRATION | 40.00 | $772,564 | $0 | $42,705 | Yes (X) | |||
| CARLOS PACHECO | ||||||||
| PRESIDENT/CEO | 40.00 | $736,363 | $0 | $37,680 | Yes (X) | |||
| BRIAN RESCH | ||||||||
| EVP CONSUMER BANKING | 40.00 | $285,373 | $0 | $42,151 | Yes (X) | |||
| DAVID LEMMON | ||||||||
| SVP CREDIT OFFICER | 40.00 | $199,393 | $0 | $29,748 | Yes (X) | |||
| CHRISTOPHER VINALL | ||||||||
| SVP INFORMATION TECHNOLOGY | 40.00 | $199,939 | $0 | $17,659 | Yes (X) | |||
| DANIELLE DECAMILLIS | ||||||||
| SVP CONSUMER MORTGAGES | 40.00 | $186,273 | $0 | $19,697 | Yes (X) | |||
| KATIE SCHMIDT | ||||||||
| SVP STRATEGIC INITIATIVES | 40.00 | $180,051 | $0 | $21,242 | Yes (X) | |||
| JASON L BAUER | ||||||||
| SVP MARKETING | 40.00 | $181,272 | $0 | $37,583 | Yes (X) | |||
| CLAIRE LINDLEY | ||||||||
| VP FINANCE | 40.00 | $168,588 | $0 | $16,630 | Yes (X) | |||
| STEPHANIE HUDDLESTON | ||||||||
| SVP CONSUMER LENDING | 40.00 | $156,342 | $0 | $10,444 | Yes (X) | |||
| ANALISE FRITZ | ||||||||
| VP BUSINESS APPLICATIONS | 40.00 | $158,772 | $0 | $8,086 | Yes (X) | |||
| ROBERT MCKAMIE | ||||||||
| VP TECHNOLOGY OPERATIONS | 40.00 | $151,591 | $0 | $27,217 | Yes (X) | |||
| AMANDA KUTZLER | ||||||||
| SVP CONSUMER RETAIL | 40.00 | $154,495 | $0 | $9,030 | Yes (X) | |||
| JEREMY MOYER | ||||||||
| MORTGAGE SALES MANAGER | 40.00 | $303,834 | $0 | $18,368 | Yes (X) | |||
| MIRYAM CASTRO | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $164,340 | $0 | $22,209 | Yes (X) | |||
| STEVE SHRADER | ||||||||
| VP REAL ESTATE & SECURITY | 40.00 | $141,715 | $0 | $16,523 | Yes (X) | |||
| JENNIFER MRAVICH | ||||||||
| VP MARKETING | 40.00 | $135,783 | $0 | $10,932 | Yes (X) | |||
| SCHNEIDER STEPHANIE | ||||||||
| VP RETAIL DELIVERY | 40.00 | $131,782 | $0 | $16,535 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,798,470 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $404,439 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | 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 |
|---|---|---|---|---|---|
| THE NEENAN COMPANY LLLP | |||||
| 3325 S TIMBERLINE STE 100 | FORT COLLINS | CO | 80525 | CONSTRUCTION | $2,648,451 |
| EXPLORE COMMUNICATIONS | |||||
| 3213 ZUNI ST | DENVER | CO | 80211 | MARKETING | $1,535,859 |
| AD MILLER SERVICES INC | |||||
| 7006 S ALTON WAY BLDG E-100 | CENTENNIAL | CO | 80112 | CONSTRUCTION | $1,419,100 |
| ALKAMI TECHNOLOGY | |||||
| DEPT 2223 PO BOX 122223 | DALLAS | TX | 75312 | TECHNOLOGY | $1,072,890 |
| CDW DIRECT | |||||
| PO BOX 75723 | CHICAGO | IL | 60675 | TECHNOLOGY | $747,228 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 41 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS FROM MEMBERS | 522100 | $45,851,309 | $45,851,309 | |
| FEES, CHARGES, & OTHERS | 522100 | $11,401,905 | $11,401,905 | |
| FINANCE & INSURANCE | 520000 | $41,490 | $41,490 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $57,294,704 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,999,272 | TotalRevenueColumnAmt |
| Exclusion | $5,999,272 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $57,165 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,624 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $48,541 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,541 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,541 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| CUOLI GAIN | 522100 | $458,396 | $458,396 | |
| MISCELLANEOUS INCOME | 522100 | $439,002 | $439,002 | |
| GAIN ON LOAN SALES | 522100 | $232,235 | $232,235 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,100 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,100 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,206,733 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,549,250 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $58,050,092 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $41,490 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,457,668 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,240,888 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,741,477 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,988 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,358,038 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,762,975 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,478 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,598 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,784 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,020,739 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,581,860 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,992,182 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,448 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,202 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,628,592 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,298 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,209,145 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,982 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN SERVICING | $3,414,132 |
| CO-OP EXPENSE | $1,082,956 |
| ONLINE BANKING | $1,074,548 |
| PROVISION FOR LOAN LOSS | $1,017,337 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,609,051 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,686,698 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,624,074 | BOYAmt |
| EOY | $8,204,743 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,304,953 | BOYAmt |
| EOY | $48,950,876 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,115,078 | BOYAmt |
| EOY | $11,247,384 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,059,130,366 | BOYAmt |
| EOY | $1,270,706,934 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,074,545 | BOYAmt |
| EOY | $1,759,717 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $56,690,581 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,570,782 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,398,635 | BOYAmt |
| EOY | $41,119,799 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,158,708 | BOYAmt |
| EOY | $274,777,336 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,948,741 | BOYAmt |
| EOY | $14,169,051 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,597,638 | BOYAmt |
| EOY | $2,518,347 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,806,766 | BOYAmt |
| EOY | $56,360,631 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,586,159,504 | BOYAmt |
| EOY | $1,729,814,818 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,748,776 | BOYAmt |
| EOY | $26,539,081 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,545,547 | BOYAmt |
| EOY | $178,809,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,342,595,392 | BOYAmt |
| EOY | $1,391,043,137 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,431,889,715 | BOYAmt |
| EOY | $1,596,391,718 | 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 | $154,269,789 | BOYAmt |
| EOY | $133,423,100 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,269,789 | BOYAmt |
| EOY | $133,423,100 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,586,159,504 | BOYAmt |
| EOY | $1,729,814,818 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,862,552 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$26,755,506 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $46,265 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,191,087 | OtherCostOrOtherBasisAmt |
| Book Value | $11,191,087 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,799,845 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,295,139 | DepreciationAmt |
| Book Value | $25,504,706 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $334,770 | OtherCostOrOtherBasisAmt |
| Depreciation | $93,883 | DepreciationAmt |
| Book Value | $240,887 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,364,879 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,181,760 | DepreciationAmt |
| Book Value | $4,183,119 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $41,119,799 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SHARE AND SAVINGS ACCOUNTS | Desc |
| Amt | $1,391,043,137 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,391,043,137 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 (16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK WIETE | ||||||||||||||
| EVP FINANCE & ADMINISTRATION | $738,036 | $0 | $34,528 | $0 | $0 | $0 | $12,117 | $0 | $30,588 | $0 | $815,269 | $0 | $0 | $0 |
| CARLOS PACHECO | ||||||||||||||
| PRESIDENT/CEO | $562,945 | $0 | $173,418 | $0 | $0 | $0 | $13,650 | $0 | $24,030 | $0 | $774,043 | $0 | $0 | $0 |
| BRIAN RESCH | ||||||||||||||
| EVP CONSUMER BANKING | $255,757 | $0 | $29,616 | $0 | $0 | $0 | $12,905 | $0 | $29,246 | $0 | $327,524 | $0 | $0 | $0 |
| JEREMY MOYER | ||||||||||||||
| MORTGAGE SALES MANAGER | $69,314 | $0 | $234,520 | $0 | $0 | $0 | $10,664 | $0 | $7,704 | $0 | $322,202 | $0 | $0 | $0 |
| DAVID LEMMON | ||||||||||||||
| SVP CREDIT OFFICER | $185,215 | $0 | $14,178 | $0 | $0 | $0 | $6,841 | $0 | $22,907 | $0 | $229,141 | $0 | $0 | $0 |
| JASON L BAUER | ||||||||||||||
| SVP MARKETING | $166,642 | $0 | $14,630 | $0 | $0 | $0 | $8,337 | $0 | $29,246 | $0 | $218,855 | $0 | $0 | $0 |
| CHRISTOPHER VINALL | ||||||||||||||
| SVP INFORMATION TECHNOLOGY | $197,235 | $0 | $2,704 | $0 | $0 | $0 | $0 | $0 | $17,659 | $0 | $217,598 | $0 | $0 | $0 |
| DANIELLE DECAMILLIS | ||||||||||||||
| SVP CONSUMER MORTGAGES | $171,858 | $0 | $14,415 | $0 | $0 | $0 | $8,825 | $0 | $10,872 | $0 | $205,970 | $0 | $0 | $0 |
| KATIE SCHMIDT | ||||||||||||||
| SVP STRATEGIC INITIATIVES | $165,376 | $0 | $14,675 | $0 | $0 | $0 | $4,471 | $0 | $16,771 | $0 | $201,293 | $0 | $0 | $0 |
| MIRYAM CASTRO | ||||||||||||||
| MORTGAGE LOAN OFFICER | $28,550 | $0 | $135,790 | $0 | $0 | $0 | $4,371 | $0 | $17,838 | $0 | $186,549 | $0 | $0 | $0 |
| CLAIRE LINDLEY | ||||||||||||||
| VP FINANCE | $158,810 | $0 | $9,778 | $0 | $0 | $0 | $7,989 | $0 | $8,641 | $0 | $185,218 | $0 | $0 | $0 |
| ROBERT MCKAMIE | ||||||||||||||
| VP TECHNOLOGY OPERATIONS | $149,806 | $0 | $1,785 | $0 | $0 | $0 | $2,683 | $0 | $24,534 | $0 | $178,808 | $0 | $0 | $0 |
| ANALISE FRITZ | ||||||||||||||
| VP BUSINESS APPLICATIONS | $149,207 | $0 | $9,565 | $0 | $0 | $0 | $6,928 | $0 | $1,158 | $0 | $166,858 | $0 | $0 | $0 |
| STEPHANIE HUDDLESTON | ||||||||||||||
| SVP CONSUMER LENDING | $144,206 | $0 | $12,136 | $0 | $0 | $0 | $0 | $0 | $10,444 | $0 | $166,786 | $0 | $0 | $0 |
| AMANDA KUTZLER | ||||||||||||||
| SVP CONSUMER RETAIL | $142,850 | $0 | $11,645 | $0 | $0 | $0 | $7,103 | $0 | $1,927 | $0 | $163,525 | $0 | $0 | $0 |
| STEVE SHRADER | ||||||||||||||
| VP REAL ESTATE & SECURITY | $133,553 | $0 | $8,162 | $0 | $0 | $0 | $6,672 | $0 | $9,851 | $0 | $158,238 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE PRESIDENT/CEO, CARLOS PACHECO, THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANT. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS. | ExplanationTxt |
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 |
|---|---|---|---|---|---|---|---|
| CARLOS PACHECO | |||||||
| PRESIDENT/CEO | TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $8,075,517 | $8,353,308 | 0 | Yes (1) | Yes (1) |
| RICK ALLEN | |||||||
| FORMER CEO | TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE | Yes (X) | $2,822,800 | $2,894,076 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $11,247,384 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MARK GISI, MEMBER OF THE BOARD OF DIRECTORS, AND BRIAN GISI, MEMBER OF THE BOARD OF DIRECTORS, HAVE A FAMILY RELATIONSHIP. HARVEY A. KAMIONKA, MEMBER OF THE BOARD OF DIRECTORS, AND HARVEY E. KAMIONKA, MEMBER OF THE BOARD OF DIRECTORS, ALSO HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE OR WORK IN BOULDER, BROOMFIELD, LARIMER, WELD, JEFFERSON, ADAMS, DENVER, DOUGLAS, ARAPAHOE, EL PASO, PUEBLO, AND ELBERT COUNTIES IN COLORADO; THOSE WHO LIVE OR WORK IN THE TOWN OF ESTES PARK, THE TOWN OF GLEN HAVEN, OR THE TOWN OF DRAKE IN COLORADO; THOSE WHO ARE A MEMBER OF AN APPROVED EMPLOYEE, STUDENT, AND VOLUNTEER GROUPS; THOSE WHO CONTRIBUTE TO SELECT CHARITABLE ORGANIZATIONS; AND THOSE WHO ARE MEMBERS OF AN APPROVED COMMON BOND INTEREST GROUP. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, INDIVIDUALS THAT ARE RELATED BY BLOOD, MARRIAGE, OR ADOPTION TO AN ELIGIBLE PERSON ARE ALSO ELIGIBLE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE CREDIT UNION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WILL BE REVIEWED BY THE CEO, CFO, VP OF ACCOUNTING, AND AVP OF COMPLIANCE FOR ACCURACY PRIOR TO FILING. ADDITIONALLY, FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE TIME OF HIRE AND AT LEAST ONCE EACH YEAR, ALL EMPLOYEES ARE ASKED TO COMPLETE A WRITTEN ACKNOWLEDGMENT TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. CREDIT UNION VOLUNTEERS ARE SIMILARILY REQUESTED TO DISCLOSE ANY SUCH CONFLICTS OF INTEREST UPON TAKING OFFICE. THE BOARD OF DIRECTORS REVIEWS THE CODE OF CONDUCT POLICY ANNUALLY. INTERNAL AUDIT AUDITS THESE ANNUALLY TO CONFIRM EVERYONE'S ACKNOWLEDGEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR THE CEO POSITION, THE BOARD CHAIRPERSON ANNUALLY CONDUCTS RESEARCH ON EXECUTIVE COMPENSATION, UTILIZING INDUSTRY DATA FROM ORGANIZATIONS SUCH AS CUES AND D. HILTON. THE BOARD APPROVES THE RECOMMENDED COMPENSATION STRUCTURE FOR THE CEO POSITION. FOR TOP MANAGEMENT COMPENSATION, THE CREDIT UNION UTILIZED BALANCEDCOMP AS AN INDEPENDENT COMPENSATION CONSULTANT, AND ALSO VALIDATES BALANCEDCOMP'S DATA AGAINST INDUSTRY SURVEYS SUCH AS CUES. THIS IS DOCUMENTED IN EACH EMPLOYEE'S PERSONNEL FILE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE AND ARE ON DISPLAY AT THE CREDIT UNION. QUARTERLY FINANCIAL DATA IS ACCESSIBLE TO THE PUBLIC AT WWW.NCUA.GOV. |
| FORM 990, PART IX, LINE 24E | HUMAN RESOURCES 493,116. VISA EXPENSE 419,672. MISCELLANEOUS 361,017. SHARED BRANCHING 230,039. DEBIT/CREDIT CARD EXPENSE 105,207. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN/LOSS ON FHLB CREDIT ENHANCEMENT 46,265. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOOTHILLS FINANCIAL SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5505 ARAPAHOE AVENUE | AddressLine1Txt |
| City | BOULDER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840571011 | EIN |
| Primary Activities | INVESTMENT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PREMIER MEMBERS CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $9,155 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments