EASTEX CREDIT UNION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EASTEX CREDIT UNION (EIN 74-1301187)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-04
IRS object ID
202002179349300810
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-04T14:44:56-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN382492570PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DOEREN MAYHEWBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112060 S W 129TH COURT STE 201AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP331864582ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN741301187EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EASTEX CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone4092762525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1966 FM 105AddressLine1Txt
CityEVADALECityNm
State AbbreviationTXStateAbbreviationCd
ZIP77615ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLORETTA CHATAGNIERPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone4092762525PhoneNum
Signature2020-08-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDOUGLAS J ORTHPreparerPersonNm
PTINP01076394PTIN
Phone3052328272PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address104.11.88.150IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-04IPDt
IP Tm13:45:53IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdB2EFC313AB4EEA4760135470907D022D8B217834AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLORETTA CHATAGNIERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1966 FM 105AddressLine1Txt
CityEVADALECityNm
State AbbreviationTXStateAbbreviationCd
ZIP77615ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,172,265GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.EASTEXCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1955FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO PROVIDE PEOPLE WITH THE BEST FINANCIAL SOLUTIONS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$38,540TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$23NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,435,667PYProgramServiceRevenueAmt
CY Program Service Revenue$4,518,314CYProgramServiceRevenueAmt
PY Investment Income$394,422PYInvestmentIncomeAmt
CY Investment Income$489,668CYInvestmentIncomeAmt
PY Other Revenue$165,182PYOtherRevenueAmt
CY Other Revenue$164,283CYOtherRevenueAmt
PY Total Revenue$4,995,271PYTotalRevenueAmt
CY Total Revenue$5,172,265CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,427,908PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,569,226CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,884,046PYOtherExpensesAmt
CY Other Expenses$2,712,674CYOtherExpensesAmt
PY Total Expenses$4,311,954PYTotalExpensesAmt
CY Total Expenses$4,281,900CYTotalExpensesAmt
PY Revenues Less Expenses$683,317PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$890,365CYRevenuesLessExpensesAmt
Total Assets BOY$83,646,520TotalAssetsBOYAmt
Total Assets EOY$87,818,043TotalAssetsEOYAmt
Total Liabilities BOY$74,409,677TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,690,835TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,236,843NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,127,208NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE PEOPLE WITH THE BEST FINANCIAL SOLUTIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescEASTEX CREDIT UNION IS A COOPERATIVE PROMOTING FINANCIAL STABILITY TO OUR MEMBERSHIP. WE ACCOMPLISH THIS BY INVESTING MEMBERSHIP FUNDS AND PROVIDING LOANS AND DEPOSITS WHICH GIVE US THE OPERATING INCOME AND CASHFLOW WE NEED TO PROVIDE THESE SERVICES.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1254IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee42EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LORETTA CHATAGNIERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4092762525PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1966 FM 105AddressLine1Txt
CityEVADALECityNm
State AbbreviationTXStateAbbreviationCd
ZIP77615ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JAMES PARSLEY
CHAIRMAN1.00Yes (X)$0$0$0
DIANE ETUE
V. CHAIRMAN1.00Yes (X)$0$0$0
TROYCE TAYLOR
TREASURER1.00Yes (X)$0$0$0
JE MARTINDALE
SECRETARY1.00Yes (X)$0$0$0
FRANCIS MCDANIEL
BOD MEMBER1.00Yes (X)$0$0$0
SHANNON ADAMS
BOD MEMBER1.00Yes (X)$0$0$0
MARLENE LACY
BOD MEMBER1.00Yes (X)$0$0$0
LORETTA CHATAGNIER
PRESIDENT/CEO40.00$140,158$0$18,085Yes (X)
CONNIE HAWTHORNE
VP OF OPERATIONS40.00$58,402$0$17,222Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$198,560TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$35,307TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FISERV
PO BOX 99924GRAPEVINETX76099CORE SYSTEM PROVIDER$346,805
TRANSFUND
PO BOX 24128OKLAHOMA CITYOK73124DEBIT CARD PROCESSOR$304,317
BANK TEC SOUTH
4150 VIKING DRBOSSIER CITYLA71111ATM SERVICE PROVIDER$273,590
AT&T
P O BOX 105414ATLANTAGA60197PHONE/INTERNET PROVIDER$178,887
PMD GROUP
PO BOX 1918TOMBALLTX77377MARKETING$140,178
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INCOME ON LOANS522100$2,889,626$2,889,626
FEES/CHARGES/OTHER522100$1,590,148$1,590,148
UNRELATED BUSINESS INC900099$38,540$38,540
FieldValueIRS element (for citing)
Total Program Service Revenue$4,518,314TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$489,668TotalRevenueColumnAmt
Related Or Exempt Func Income$489,668RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCREDIT LIFE DISABILITYDesc
Business522100BusinessCd
Total Revenue Column$164,283TotalRevenueColumnAmt
Related Or Exempt Func Income$164,283RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$164,283OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,172,265TotalRevenueColumnAmt
Related Or Exempt Func Income$5,133,725RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$38,540UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$233,867TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$996,834TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$39,890TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$201,050TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$97,585TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,511TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$46,660TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$100,538TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$156,998TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$482,179TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$221,288TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$213,085TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$69,571TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,168TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$449,737TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$19,354TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$250,682TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$62,132TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
ATM EXPENSES$408,943
LOAN SERVICING$143,631
MAINTENANCE$70,576
MISCELLANEOUS$35,878

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$29,257TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,281,900TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,667,087BOYAmt
EOY$1,741,340EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,684,221BOYAmt
EOY$12,059,817EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,520BOYAmt
EOY$3,466EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$53,988,022BOYAmt
EOY$53,043,367EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$254,139BOYAmt
EOY$415,407EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,329,851LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,695,339LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,837,265BOYAmt
EOY$3,634,512EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$15,068,340BOYAmt
EOY$15,655,340EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,145,926BOYAmt
EOY$1,264,794EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$83,646,520BOYAmt
EOY$87,818,043EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$566,084BOYAmt
EOY$959,822EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$73,843,593BOYAmt
EOY$76,731,013EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,409,677BOYAmt
EOY$77,690,835EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$9,236,843BOYAmt
EOY$10,127,208EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,236,843BOYAmt
EOY$10,127,208EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$83,646,520BOYAmt
EOY$87,818,043EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$890,365ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$562,126OtherCostOrOtherBasisAmt
Book Value$562,126BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,469,527OtherCostOrOtherBasisAmt
Depreciation$1,126,299DepreciationAmt
Book Value$2,343,228BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,298,198OtherCostOrOtherBasisAmt
Depreciation$1,569,040DepreciationAmt
Book Value$729,158BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,634,512TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
LONG TERM CERTIFICATES OF DEPOSIT$15,554,000C
CATALYST CORP PCC$101,340C
FieldValueIRS element (for citing)
Total Book Value Securities$15,655,340TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
SHARES$37,789,574
SHARE DRAFTS$12,797,743
MONEY MARKET$6,326,089
CERTIFICATES OF DEPOSIT$12,415,555
IRA'S$7,402,052
FieldValueIRS element (for citing)
Total Liability$76,731,013TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO THE EXEMPT PURPOSE OF THE CREDIT UNION.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLORETTA CHATAGNIERPersonNm
TitlePRESIDENT/CEOTitleTxt
Base Compensation Filing Org$136,408BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$3,750BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,184DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$11,901NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$158,243TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CREDIT UNION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AEACH BOARD MEMBER AND SUPERVISORY COMMITTEE MEMBER SERVES A 1-3 YEAR TERM, AND IS NOMINATED AND ELECTED BY THE MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7BMEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
FORM 990, PART VI, SECTION B, LINE 11BTHE CEO WILL REVIEW THE 990 FOR ACCURACY AND AUTHORIZE THE ELECTRONIC FILING OF THE RETURN WITH THE IRS. THE BOARD WILL BE SUPPLIED WITH A COPY OF THE 990 AT THE NEXT BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 15THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY DURING A PLANNED EXECUTIVE SESSION. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO USING PERFORMANCE REVIEWS.
FORM 990, PART VI, SECTION C, LINE 19THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY HAVE NOT BEEN MADE READILY AVAILABLE TO THE GENERAL PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 24EDEBIT CARD EXPENSES 15,608. PROVISION FOR LOAN LOSSES -44,865.

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