2019-11-15T18:11:04-07:00 2018-12-31 990 2018-01-01 856010733 CREDIT UNIONS IN THE STATE OF NEW MEXICO CRED 5059837328 813 St Michaels Drive Santa Fe NM 87505 Mark Sadowski Chief Financial Officer 5059833387 2019-11-15 67.131.75.29 2018 2020-03-31 21:24:44Z State Employees Credit Union of New Mexico Harold K Dixon 813 St Michaels Drive Santa Fe NM 87505 31268148 0 X www.secunm.org X 1958 NM New Mexico State-Chartered Credit Union providing financial services to its members as provided by the New Mexico Credit Union Act. 7 7 178 7 0 0 0 0 26343191 28925197 1522535 2342951 0 0 27865726 31268148 0 0 0 0 10108263 10783206 0 0 0 11530830 13803076 21639093 24586282 6226633 6681866 515258522 569598930 458014464 507501709 57244058 62097221 New Mexico State-Chartered Credit Union providing financial services to its members as provided by the New Mexico Credit Union Act. 0 0 24586282 0 31268148 New Mexico State-Chartered Credit Union providing financial services to its 45,841 members as provided by the New Mexico Credit Union Act. 0 0 0 24586282 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 25621 0 1 178 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X The Organization 5059837328 813 St Michaels Drive Santa Fe NM 87505 Jerry Rael Chair 1 0 X 0 0 0 Joanne Vigil Coppler Vice Chair 1 0 X 0 0 0 Lorrie Lujan Secretary 1 0 X 0 0 0 Kenneth Kirk Treasurer 1 0 X 0 0 0 Rosemary Wickard Director 1 0 X 0 0 0 Michael Duran Director 1 0 X 0 0 0 Pamela Gonzales Director 1 0 X 0 0 0 Harold K Dixon President/CEO 40 0 X 376437 0 28872 Dwayne Herrera Executive Vice President 40 0 X 197757 0 59538 Mark Sadowski Chief Financial Officer 40 0 X 140704 0 61723 Richard Schaefer VP of Information Systems 40 0 X 161332 0 12333 Emilio Atencio VP of Lending 40 0 X 138218 0 32869 Deborah Sparks VP of Human Resources 40 0 X 128781 0 40103 Kyle Moore AVP of Marketing 40 0 X 73581 0 12333 1216810 0 247771 7 0 1 0 Presbyterian Health Plan PO Box 911594 Denver CO 80291 Health care insurance 374576 Fiserv Inc 75 Remittance Dr Chicago IL 60675 Banking products and services 253564 DataPrint Services LLC 5201 Venice Ave NE Suite E Albuquerque NM 87113 Printing and Mailing Services 185049 Continental Restaurant Installation 280 Del Norte Ct Bosque Farms NM 87068 Construction and remodeling 171712 Allied Solutions PO Box 1201 Indianapolis IN 46206 Asset Protection Insurance 147216 6 0 0 0 0 0 0 0 0 Interest on loans receivable 522100 18992387 18992387 0 0 Fees and Service Charges 522100 5682473 5682473 0 0 Non Interest Income 522100 4250337 4250337 0 0 0 0 0 0 28925197 2342951 2342951 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31268148 31268148 0 0 X 0 0 0 0 0 0 0 0 1460672 1460672 0 0 0 0 0 0 6377620 6377620 0 0 766056 766056 0 0 1634168 1634168 0 0 544690 544690 0 0 0 0 0 0 49005 49005 0 0 59040 59040 0 0 0 0 0 0 0 0 0 0 0 0 3080644 3080644 0 0 605481 605481 0 0 1466355 1466355 0 0 0 0 0 0 0 0 0 0 645346 645346 0 0 0 0 0 0 105554 105554 0 0 0 0 0 0 1594024 1594024 0 0 0 0 0 0 733689 733689 0 0 112047 112047 0 0 Dividends 3217942 3217942 0 0 Provision for Loan Loss 1640000 1640000 0 0 Other 493949 493949 0 0 0 0 24586282 24586282 0 0 6374618 6897514 24143263 2809627 1034983 1203226 0 0 0 0 414032046 487752371 0 0 0 0 24102818 7085820 17262706 17016998 0 0 4164428 5173137 28236524 27016004 0 0 20009954 21730053 515258522 569598930 4948902 6562931 0 0 0 0 0 0 0 0 0 0 0 15000000 0 453065562 485938778 458014464 507501709 X 0 0 0 0 57244058 62097221 57244058 62097221 515258522 569598930 X 6681866 -139454 0 0 0 -1689249 X 0 1 X 1 0 0 6290803 6290803 0 13741687 3728022 10013665 0 0 0 0 0 4070328 3357798 712530 0 0 0 0 17016998 0 Shares and Deposits 485938778 485938778 31268148 0 0 0 0 0 31268148 0 0 0 31268148 24586282 0 0 0 0 0 24586282 0 0 0 24586282 X 0 0 0 Harold K Dixon President/CEO 357015 0 15523 0 3900 0 9635 0 15337 0 401410 0 0 0 Dwayne Herrera Executive Vice President 189552 0 8205 0 0 0 43240 0 16298 0 257295 0 0 Mark Sadowski Chief Financial Officer 131496 0 9208 0 0 0 47589 0 14135 0 202428 0 0 0 Richard Schaefer VP of Information Systems 152686 0 8646 0 0 0 5365 0 6967 0 173664 0 0 0 Emilio Atencio VP of Lending 129010 0 9208 0 0 0 32507 0 362 0 171087 0 0 0 Deborah Sparks VP of Human Resources 119266 0 9515 0 0 0 26155 0 13949 0 168885 0 0 0 Kyle Moore AVP of Marketing 64925 0 8646 0 0 0 5365 0 6967 0 85903 0 0 0 Ted Gonzales Former Chairman, Supervisory/Audit Committee 38767 Advertising 0 Kenneth Kirk Treasurer 12900 Storage Rental 0 Harold Dixon President/CEO 24500 Joint Investment 0 Schedule L, Part IV (A) Name of Person: Ted Gonzales; (B) Relationship between interested person and organization: Former Chair, Supervisory Committee; (D) Description of transaction: Media advertising (A) Name of Person: Kenneth Kirk; (B) Relationship between interested person and organization: Treasurer; (D) Description of transaction: Storage unit rental (A) Name of Person: Harold Dixon; (D) Description of transaction: Joint investment in a cash value life insurance policy to provide reasonable retirement income for the interested person & return investment and interest to the organization. Form 990, Part VI, Section A, Line 6 The credit union is owned and governed by its members. Members own shares, elect board members and vote on issues such as mergers and charter conversions. Board and management decisions affect the fees members pay, interest rates they are charged for loans, services the credit union offers and whether members receive dividends. Form 990, Part VI, Section A, Line 7a The credit union is owned and governed by its members, who own shares and elect board members. Form 990, Part VI, Section A, Line 7b The credit union is governed by its members, who vote on issues such as mergers and charter conversions. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by Accounting Staff and given to the Principal Officer and Board to review. Form 990, Part VI, Section B, Line 12c The Supervisory Committee monitors and enforces compliance with the policy. Employees are required to sign an acknowledgement and agreement statement when provided with the credit union's employee handbook at the time of hire. Form 990, Part VI, Section B, Line 15 An annual review of the performance of the President/CEO is conducted by the Board of Directors. It also sets the salary and benefits of the President/CEO based on performance and reviews salary comparable to other credit union. The credit union establishes compensation levels for each credit union position. Compensation for other officers or key employees of the organization is based upon evaluation, employee's salary history, skills and experience. Form 990, Part VI, Section C, Line 18 Available for review on request at the credit union's main office. Form 990, Part VI, Section C, Line 19 Credit union members can obtain information about their credit union by attending the annual meeting for the membership, specifically requesting information from the credit union, reading credit union publications and accessing information on their credit union's website. Form 990, Part IX, Line 11g Professional and outside services; Total other fees on Form 990, Part IX, Line 11G, Col A: 3,080,644 Form 990, Part XI, Line 9 Net Change in defined benefit obligation: -1,689,249; total to form 990, Part XI, Line 9: -1,689,249. Additional time was needed to complete the independent audit of financial statements