GREATER NEVADA CREDIT UNION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: GREATER NEVADA CREDIT UNION (EIN 88-0063808)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-11-15
IRS object ID: 201713199349315811
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
Form 990
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-11-15T16:30:05-06:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	910189318	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Moss Adams LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	805 SW Broadway Ste 1200	AddressLine1Txt
City	Portland	CityNm
State Abbreviation	OR	StateAbbreviationCd
ZIP	97205	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	880063808	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Greater Nevada Credit Union	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GREA	BusinessNameControlTxt
Phone	7758822060	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2128	AddressLine1Txt
City	Carson City	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	89701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Joyce Whitney-Silva	PersonNm
Person Title	EVP/CFO	PersonTitleTxt
Phone	7758861329	PhoneNum
Signature	2017-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Joua V Lo	PreparerPersonNm
PTIN	P01225144	PTIN
Phone	5032421447	PhoneNum
Preparation	2017-11-13	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	73.90.207.11	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-11-14	IPDt
IP Tm	11:22:30	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	189799C539B232A8D1FA5D0851A612580EB85C47	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Wallace Murray	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2128	AddressLine1Txt
City	Carson City	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	89701	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$89,097,979	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.gncu.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1949	FormationYr
Legal Domicile State	NV	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	245	TotalEmployeeCnt
Total Volunteers	14	TotalVolunteersCnt
Total Gross UBI	$574,875	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$23,987	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$40,540,324	PYProgramServiceRevenueAmt
CY Program Service Revenue	$50,212,998	CYProgramServiceRevenueAmt
PY Investment Income	$1,934,408	PYInvestmentIncomeAmt
CY Investment Income	$1,884,925	CYInvestmentIncomeAmt
PY Other Revenue	$392,834	PYOtherRevenueAmt
CY Other Revenue	$391,288	CYOtherRevenueAmt
PY Total Revenue	$42,867,566	PYTotalRevenueAmt
CY Total Revenue	$52,489,211	CYTotalRevenueAmt
PY Grants And Similar Paid	$237,338	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$287,922	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$14,995,254	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$17,251,403	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$21,554,288	PYOtherExpensesAmt
CY Other Expenses	$26,990,836	CYOtherExpensesAmt
PY Total Expenses	$36,786,880	PYTotalExpensesAmt
CY Total Expenses	$44,530,161	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,080,686	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$7,959,050	CYRevenuesLessExpensesAmt
Total Assets BOY	$587,660,066	TotalAssetsBOYAmt
Total Assets EOY	$676,914,655	TotalAssetsEOYAmt
Total Liabilities BOY	$529,665,664	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$611,192,660	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$57,994,402	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$65,721,995	NetAssetsOrFundBalancesEOYAmt
Mission	To provide quality financial services to members	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	Financial Services - Banking activities including loans and deposits.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	Mortgage Services - Originating, selling and servicing of real estate mortgages.	Desc

Field	Value	IRS element (for citing)
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	Yes (1)	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	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	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	25648	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	245	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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Joyce Whitney-Silva	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7758861329	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2128	AddressLine1Txt
City	Carson City	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	89701	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Rob Joiner
Vice Chair / Chair Effective 4/16	8.00	Yes (X)	Yes (X)	$0	$0	$0
Paul Richey
Chair through 3/16 / Board Member	4.00	Yes (X)	Yes (X)	$0	$0	$0
Alex Talmant
Treasurer	4.00	Yes (X)	Yes (X)	$0	$0	$0
William Arensdorf
Secr. / Vice Chair Effective 4/16	4.00	Yes (X)	Yes (X)	$0	$0	$0
Barbara Byington
Board Member	4.00	Yes (X)		$0	$0	$0
Vernon Dalton
Board Member	4.00	Yes (X)		$0	$0	$0
Jon Steele
Secretary Effective 4/16	4.00	Yes (X)	Yes (X)	$0	$0	$0
Wallace Murray
President/CEO	40.00		Yes (X)	$362,750	$0	$19,034
Dean Altus
EVP/COO	40.00		Yes (X)	$192,666	$0	$11,868
Joyce Whitney-Silva
EVP/CFO	40.00		Yes (X)	$189,424	$0	$54,942
James Anderson
EVP/Mortgage Lending	40.00		Yes (X)	$261,288	$0	$19,188
Jenny Casselman
VP/Mortgage Services	40.00			$200,431	$0	$13,581	Yes (X)
Nick Serrano
VP/Mortgage Lending	40.00			$216,048	$0	$19,027	Yes (X)
Mary Lynn Atkins
Mortgage Consultant	40.00			$176,777	$0	$9,717	Yes (X)
Natalie Dufty
Mortgage Consultant	40.00			$195,220	$0	$16,608	Yes (X)
Jennifer Linik
Mortgage Consultant	40.00			$200,501	$0	$19,886	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,995,105	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$183,851	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	28	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
FISERV
255 FISERV DR	BROOKFIELD	WI	53045	Core processor support	$1,185,357
CORNERSTONE ADVISORS
7272 E INDIANA SCHOOL RD SUITE 4	SCOTTSDALE	AZ	85251	Business Management Consultant	$804,208
EXL MEDIA
803 TAHOE BLVD 7	INCLINE VILLAGE	NV	89451	Advertising Agency	$501,287
Special OrDER SYSTEMS
3877 SHAWN WAY SUITE 200	LOOMIS	CA	95650	IT Maintenance Services	$379,941
Business Data Inc
321 North Oak Street	Inglewood	CA	90302	Business Communications Services	$280,398

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

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Interest-Member Loans	522100	$22,053,525	$22,053,525
Fees & Service Charges	522100	$10,499,515	$10,499,515
GAIN ON SALE OF LOANS	522100	$8,970,693	$8,970,693
Other Non-Interest Inc	522100	$8,689,265	$8,114,390	$574,875

Field	Value	IRS element (for citing)
Total Program Service Revenue	$50,212,998	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,986,227	TotalRevenueColumnAmt
Exclusion	$1,986,227	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$65,799	RealAmt

Less Rental Expenses LessRentalExpensesGrp

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

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$65,799	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$65,799	TotalRevenueColumnAmt
Exclusion	$65,799	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$35,961,936	SecuritiesAmt
Other	$545,530	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$35,961,890	SecuritiesAmt
Other	$646,878	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$46	SecuritiesAmt
Other	-$101,348	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$101,302	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,989	RelatedOrExemptFuncIncomeAmt
Exclusion	-$107,291	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Life Insurance Value	Desc
Business	900099	BusinessCd
Total Revenue Column	$325,489	TotalRevenueColumnAmt
Exclusion	$325,489	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$325,489	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$52,489,211	TotalRevenueColumnAmt
Related Or Exempt Func Income	$49,644,112	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$574,875	UnrelatedBusinessRevenueAmt
Exclusion	$2,270,224	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$247,922	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$40,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,111,159	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$12,733,072	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$273,316	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,924,667	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,209,189	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$174,634	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$119,673	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,944,198	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,627,973	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,641,448	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$425,581	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,409,479	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$331,207	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$236,198	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,089,792	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,249,294	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$157,728	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Loan Servicing	$4,726,373
Processing Costs	$3,617,620
Loan Loss Provision	$2,205,003
Licenses and Fees	$756,348

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,278,287	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$44,530,161	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$21,020,790	BOYAmt
EOY	$29,571,677	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$29,462,241	BOYAmt
EOY	$53,282,302	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$383,968,360	BOYAmt
EOY	$457,513,108	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,158,475	BOYAmt
EOY	$1,224,116	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$49,895,773	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$21,160,761	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$30,951,351	BOYAmt
EOY	$28,735,012	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$53,678,708	BOYAmt
EOY	$64,224,343	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$33,089,699	BOYAmt
EOY	$8,307,200	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$34,330,442	BOYAmt
EOY	$34,056,897	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$587,660,066	BOYAmt
EOY	$676,914,655	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$4,806,653	BOYAmt
EOY	$5,535,267	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,375,361	BOYAmt
EOY	$2,609,431	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$523,483,650	BOYAmt
EOY	$603,047,962	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$529,665,664	BOYAmt
EOY	$611,192,660	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

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	$57,994,402	BOYAmt
EOY	$65,721,995	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$57,994,402	BOYAmt
EOY	$65,721,995	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$587,660,066	BOYAmt
EOY	$676,914,655	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$7,959,050	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$231,457	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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

Field	Value	IRS element (for citing)
Agent Trustee Etc	Yes (1)	AgentTrusteeEtcInd
Beginning Balance	$3,712,636	BeginningBalanceAmt
Additions During Year	$12,287,482	AdditionsDuringYearAmt
Distributions During Year	$12,229,670	DistributionsDuringYearAmt
Ending Balance	$3,770,448	EndingBalanceAmt
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,586,716	OtherCostOrOtherBasisAmt
Book Value	$8,586,716	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,897,563	OtherCostOrOtherBasisAmt
Depreciation	$8,458,092	DepreciationAmt
Book Value	$11,439,471	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,982,649	OtherCostOrOtherBasisAmt
Depreciation	$1,471,161	DepreciationAmt
Book Value	$1,511,488	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,293,863	OtherCostOrOtherBasisAmt
Depreciation	$11,167,053	DepreciationAmt
Book Value	$7,126,810	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$134,982	OtherCostOrOtherBasisAmt
Depreciation	$64,455	DepreciationAmt
Book Value	$70,527	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$28,735,012	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDesc	Book ValueBookValueAmt
Loans Held For Sale	$5,487,016
Accrued Interest Receivable	$1,941,838
NCUSIF Deposit	$4,748,602
Deferred Compensation Funding	$427,628
Mortgage Servicing Rights	$4,103,271
Life Insurance Cash Surrender Value	$12,236,869
Other Assets	$5,111,673

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$34,056,897	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	Members' Share and Savings Accounts	Desc
Amt	$603,047,962	Amt

Field	Value	IRS element (for citing)
Total Liability	$603,047,962	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part IV, Line 1b:

Borrower payments for principal, interest, taxes and insurance.

Part X, Line 2:

FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENT FOOTNOTE: THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE (IRS) RELEASED TECHNICAL ADVICE MEMORANDUMS (TAMS) TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2015, 2014, AND 2013 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
UNIVERSITY OF NEVADA RENO
1664 N VIRGINIA ST	RENO	NV	89557	886000024	STATE OF NEVADA	$82,509	EDUCATIONAL ASSISTANCE
SPECIAL OLYMPICS NEVADA
5670 WYNN RD SUITE E	LAS VEGAS	NV	89118	680363121	501(C)(3)	$30,000	SPORTS EVENTS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES
Childrens Miracle Network
205 W 700 Street	Salt Lake City	UT	84101	870387205	501(C)(3)	$5,500	Children's Assistance

Field	Value	IRS element (for citing)
Total501c3 Org	3	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	Scholarships	GrantTypeTxt
Recipient	20	RecipientCnt
Cash Grant	$40,000	CashGrantAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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 (9 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
Wallace Murray
President/CEO	$312,750	$0	$50,000	$0	$0	$0	$7,875	$0	$11,159	$0	$381,784	$0	$0	$0
Dean Altus
EVP/COO	$167,666	$0	$25,000	$0	$0	$0	$5,588	$0	$6,280	$0	$204,534	$0	$0	$0
Joyce Whitney-Silva
EVP/CFO	$164,424	$0	$25,000	$0	$0	$0	$43,783	$0	$11,159	$0	$244,366	$0	$0	$0
James Anderson
EVP/Mortgage Lending	$156,622	$0	$104,666	$0	$0	$0	$5,031	$0	$14,157	$0	$280,476	$0	$0	$0
Jenny Casselman
VP/Mortgage Services	$125,020	$0	$75,411	$0	$0	$0	$4,318	$0	$9,263	$0	$214,012	$0	$0	$0
Nick Serrano
VP/Mortgage Lending	$140,637	$0	$75,411	$0	$0	$0	$4,870	$0	$14,157	$0	$235,075	$0	$0	$0
Mary Lynn Atkins
Mortgage Consultant	$171,126	$0	$5,651	$0	$0	$0	$3,539	$0	$6,178	$0	$186,494	$0	$0	$0
Natalie Dufty
Mortgage Consultant	$188,769	$0	$6,451	$0	$0	$0	$5,449	$0	$11,159	$0	$211,828	$0	$0	$0
Jennifer Linik
Mortgage Consultant	$195,726	$0	$4,775	$0	$0	$0	$5,729	$0	$14,157	$0	$220,387	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 4b	FormAndLineReferenceDesc
Explanation	The organization has a 457(f) deferred compensation plan in place; Joyce Whitney-Silva is the only participant in the plan. There were no contributions to or distributions from the plan in 2016.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	The credit union has one class of members. Members do not receive shares of profit other than through share account dividends.
Form 990, Part VI, Section A, line 7a	The members elect the Board of Directors of the credit union.
Form 990, Part VI, Section B, line 11b	The review of Form 990 is completed by the EVP/CFO, who is a member of the Executive Management team.
Form 990, Part VI, Section B, line 15a	The CEO's compensation is determined by the Board of Directors. Compensation survey data obtained from outside consultants is utilized to determine appropriate salary and benefit levels for the CEO. Such decisions are documented by the Board in an executive session. This process was last completed as of April 1, 2016.
Form 990, Part VI, Section C, line 19	Monthly financial statements are posted in each of the credit union's branches. Governing documents and conflict of interest policy are not made available to the public.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Greater Nevada LLC
451 Eagle Station Lane	Carson City	NV	89701	880500878	Mortgage Services	NV	$11,326,147	$18,587,695	Greater Nevada Credit Union
Greater Nevada Financial Group LLC
451 Eagle Station Lane	Carson City	NV	89701	811825547	Insurance Products	NV	$22,300	$113,030	Greater Nevada Credit Union