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TUCSON OLD PUEBLO CREDIT UNION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
TUCSON OLD PUEBLO CREDIT UNION (EIN 86-0098341)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-13
IRS object ID
201703179349308090
Schema version
2016v3.0
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

FieldValueIRS element (for citing)
Return2017-11-13T18:08:17-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120 E THOMAS RD STE 2300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85012ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN860098341EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TUCSON OLD PUEBLO CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTUCSBusinessNameControlTxt
Phone5208816262PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12500 E 22ND STREETAddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85713ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonG VERNON BABILONPersonNm
Person TitleCEOPersonTitleTxt
Phone5208816262PhoneNum
Signature2017-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANNE B DAVISONPreparerPersonNm
PTINP00944246PTIN
Phone6022662248PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-08IPDt
IP Tm10:35:38IPTm
IP TimezoneUSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE9F310E552A983DEE0D16D26B85D24D51800DFDAAtSubmissionCreationDeviceId
At Submission Filing Device IdA0B823E0B111AE34A63484E62AC5C8D00CAD79EFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerG VERNON BABILONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12500 E 22ND STREETAddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85713ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,706,715GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TOPCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionPROVIDING FINANCIAL SERVICES THAT MEET THE UNIQUE NEEDS OF THOSE WHO SERVE OUR COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee51TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$62,913TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$34,495NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,032,476PYProgramServiceRevenueAmt
CY Program Service Revenue$5,557,423CYProgramServiceRevenueAmt
PY Investment Income$767,234PYInvestmentIncomeAmt
CY Investment Income$904,867CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,799,710PYTotalRevenueAmt
CY Total Revenue$6,462,290CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$93,256CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,741,621PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,800,238CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,835,620PYOtherExpensesAmt
CY Other Expenses$3,150,090CYOtherExpensesAmt
PY Total Expenses$5,577,241PYTotalExpensesAmt
CY Total Expenses$6,043,584CYTotalExpensesAmt
PY Revenues Less Expenses$222,469PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$418,706CYRevenuesLessExpensesAmt
Total Assets BOY$139,543,795TotalAssetsBOYAmt
Total Assets EOY$139,899,885TotalAssetsEOYAmt
Total Liabilities BOY$130,055,882TotalLiabilitiesBOYAmt
Total Liabilities EOY$130,294,817TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,487,913NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,605,068NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWE PROVIDE FINANCIAL SERVICES THAT MEET THE NEEDS OF THOSE WHO SERVE OUR COMMUNITY. WE SEEK TO BE THE PRIMARY FINANCIAL INSTITUTION FOR THE CITY OF TUCSON EMPLOYEES AND OTHER SELECT GROUPS, BE A MUTUALLY PROFITABLE AND GROWING INSTITUTION TO BETTER SERVE THE FINANCIAL NEEDS OF OUR MEMBERS, AND ATTRACT AND RETAIN HIGH QUALITY EMPLOYEES WHO DELIVER EXCEPTIONAL SERVICE TO OUR MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDING LOANS AND SERVICES TO MEMBERS OF TUCSON OLD PUEBLO CREDIT UNION. AT THE END OF 2016, THERE WERE 12,901 MEMBERS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 Footnote0IncludeFIN48FootnoteInd
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 Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document1649IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee51EmployeeCnt
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
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 ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LESLIE FREEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5209180375PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12500 E 22ND STREETAddressLine1Txt
CityTUCSONCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85713ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
FRED CUSHMAN
CHAIR2.00Yes (X)$0$0$0
MIKE MCKENDRICK
VICE-CHAIR2.00Yes (X)$0$0$0
RICHARD PRATER
TREASURER2.00Yes (X)$0$0$0
WILLIAM RICHARDS
SECRETARY2.00Yes (X)$0$0$0
JOHN BRADY
DIRECTOR2.00Yes (X)$0$0$0
BRITTON SIMMONS
DIRECTOR2.00Yes (X)$0$0$0
DAVID FREGONESE
DIRECTOR2.00Yes (X)$0$0$0
G VERNON BABILON
PRESIDENT/CEO40.00$129,951$0$6,068Yes (X)
KENT HALL
VP CFO40.00$95,058$0$4,554Yes (X)
JESSICA GAMBOA
VP MEMBER SERVICE40.00$78,920$0$9,552Yes (X)
PETAR JELINIC
VP LENDING40.00$91,601$0$7,223Yes (X)
MATTHEW BEAUSOLEIL
VP OF IT40.00$72,820$0$9,552Yes (X)
TEDD BELL
FINANCIAL ADVISOR40.00$112,649$0$7,080Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$580,999TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$44,029TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBER INTEREST522100$3,813,320$3,813,320
FEES & CHARGES522100$1,681,190$1,681,190
UNRELATED BUSINESS INCOME900099$62,913$62,913
FieldValueIRS element (for citing)
Total Program Service Revenue$5,557,423TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$866,031TotalRevenueColumnAmt
Exclusion$866,031ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,952,790SecuritiesAmt
Other$330,471OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,872,041SecuritiesAmt
Other$372,384OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$80,749SecuritiesAmt
Other-$41,913OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,836TotalRevenueColumnAmt
Exclusion$38,836ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,462,290TotalRevenueColumnAmt
Related Or Exempt Func Income$5,494,510RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$62,913UnrelatedBusinessRevenueAmt
Exclusion$904,867ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$93,256TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$625,028TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,709,925TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$281,652TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$183,633TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$270TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$122,600TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$27,239TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$858,580TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$71,768TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,205TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$313,938TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$15,262TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,539TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,994TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$267,653TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$52,716TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
LOAN SERVICING EXPENSE$415,911
ALLOWANCE FOR LOAN LOSS$390,998
OTHER OPERATING EXPENSE$283,857
TELEPHONE$107,890

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$162,670TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,043,584TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,691,678BOYAmt
EOY$1,518,531EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,820,724BOYAmt
EOY$3,091,150EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$64,351,153BOYAmt
EOY$73,843,120EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$423,293BOYAmt
EOY$610,159EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,462,265LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,613,860LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,026,426BOYAmt
EOY$3,848,405EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$55,058,208BOYAmt
EOY$51,638,014EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,172,313BOYAmt
EOY$5,350,506EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$139,543,795BOYAmt
EOY$139,899,885EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,146,753BOYAmt
EOY$1,418,466EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$157,873EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$128,909,129BOYAmt
EOY$128,718,478EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$130,055,882BOYAmt
EOY$130,294,817EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

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$9,487,913BOYAmt
EOY$9,605,068EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,487,913BOYAmt
EOY$9,605,068EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$139,543,795BOYAmt
EOY$139,899,885EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$418,706ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$301,551NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,224,779OtherCostOrOtherBasisAmt
Book Value$1,224,779BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,587,421OtherCostOrOtherBasisAmt
Depreciation$2,071,840DepreciationAmt
Book Value$2,515,581BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$272,590OtherCostOrOtherBasisAmt
Depreciation$262,101DepreciationAmt
Book Value$10,489BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,377,475OtherCostOrOtherBasisAmt
Depreciation$1,279,919DepreciationAmt
Book Value$97,556BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,848,405TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
SECURITIES AND OTHER INVESTMENTS$32,100,813C
SECURITIES - AVAILABLE FOR SALE$19,537,201F
FieldValueIRS element (for citing)
Total Book Value Securities$51,638,014TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE AND SAVINGS ACCOUNTSDesc
Amt$128,718,478Amt
FieldValueIRS element (for citing)
Total Liability$128,718,478TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS MEMBERS. EACH DEPOSITOR IS A CREDIT UNION MEMBER.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BCERTAIN DECISIONS MUST BE APPROVED BY THE MEMBERSHIP. BYLAW CHANGES ENACTED BY THE BOARD AND APPROVED BY THE STATE MUST BE RATIFIED BY THE MEMBERS AT THE SUBSEQUENT ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11BINFORMATION FOR THE FORM 990 IS PROVIDED BY THE HUMAN RESOURCES DIRECTOR AND THE CFO. THE FORM 990 IS PREPARED BY CLIFTONLARSONALLEN AND REVIEWED BY THE CFO AND CEO.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY 915 - CODE OF CONDUCT FOR EMPLOYEES AND VOLUNTEERS IS REVIEWED ANNUALLY BY THE BOARD AS IS ON THE COMPLIANCE COMMITTEE AND BOARD RECURRING CALENDARS. VOLUNTEERS INDIVIDUALLY REVIEW AND SIGN DECLARATION OF ETHICAL CONDUCT ANNUALLY AND THEY ARE KEPT IN EXECUTIVE ASSISTANT'S CARE. EMPLOYEES INDIVIDUALLY REVIEW AND SIGN DECLARATION OF ETHICAL CONDUCT ANNUALLY AND THIS IS KEPT IN THE HR DEPARTMENT.
FORM 990, PART VI, SECTION B, LINE 15THE CEO IS HIRED BY THE BOARD WHO DETERMINES THE CEO'S COMPENSATION. THE HR DEPARTMENT USES COMPENSATION DATA FROM OUR PROFESSIONAL EMPLOYER ORGANIZATION, ADP TOTALSOURCE, INC. THE COMPENSATION DATA ENABLES THE CREDIT UNION TO EVALUATE, TRACK AND MODIFY COMPENSATION BASED ON MARKET DATA, INTERNAL COMPARABLES AND JOB FAMILIES TO ENSURE THAT WE ARE COMPETITIVE, FOLLOWING ALL LEGAL GUIDELINES AND APPLYING THE PRINCIPLE OF FAIRNESS TO OUR COMPENSATION REVIEW PROCESS AND PRACTICES. OTHER OFFICERS AND EMPLOYEES ALSO HAVE THEIR JOB CLASSIFICATION RATED ANNUALLY BY COMPENSATION DATA FROM ADP TOTALSOURCE, INC. THE DATA HELPS TO DETERMINE THE APPROPRIATE PLACING WITHIN THE EMPLOYMENT FRAMEWORK AND CLASSIFICATION OF SALARY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GACHA FEES 4,560. ATM/VISA DR CARD SUPPORT 248,355. BILL PAYER EXPENSE 53,886. DATA PROCESSING SERVICE 318,316. HR SERVICING 77,497. COIN/CURRENCY COSTS 15,581. SHARED BRANCHING NETWORK 74,734. IRA CUNA FEES 6,704. OTHER PROF & OUTSIDE 38,381. MOBILE BANKING EXPENSE 4,542. BUSINESS CONTINUITY EXPENSE 16,024.
FORM 990, PAGE 12, PART XII, LINE 2C:THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS.

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