GREATER NEVADA CREDIT UNION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: GREATER NEVADA CREDIT UNION (EIN 88-0063808)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-11-15
IRS object ID: 201623209349312462
Schema version: 2015v2.1
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
Form 990
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-15T15:20:05-06:00	ReturnTs
Tax Period End	2015-12-31	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	2015-01-01	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	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

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Joyce Whitney-Silva	PersonNm
Person Title	EVP/CFO	PersonTitleTxt
Phone	7758861329	PhoneNum
Signature	2016-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Rebecca Griffith	PreparerPersonNm
PTIN	P01207510	PTIN
Phone	5032421447	PhoneNum
Preparation	2016-11-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	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	$52,135,881	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	311	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$592,237	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$32,194,199	PYProgramServiceRevenueAmt
CY Program Service Revenue	$40,540,324	CYProgramServiceRevenueAmt
PY Investment Income	$1,842,898	PYInvestmentIncomeAmt
CY Investment Income	$1,934,408	CYInvestmentIncomeAmt
PY Other Revenue	$342,660	PYOtherRevenueAmt
CY Other Revenue	$392,834	CYOtherRevenueAmt
PY Total Revenue	$34,379,757	PYTotalRevenueAmt
CY Total Revenue	$42,867,566	CYTotalRevenueAmt
PY Grants And Similar Paid	$136,213	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$237,338	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$11,855,616	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$14,995,254	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$16,820,849	PYOtherExpensesAmt
CY Other Expenses	$21,554,288	CYOtherExpensesAmt
PY Total Expenses	$28,812,678	PYTotalExpensesAmt
CY Total Expenses	$36,786,880	CYTotalExpensesAmt
PY Revenues Less Expenses	$5,567,079	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,080,686	CYRevenuesLessExpensesAmt
Total Assets BOY	$515,657,805	TotalAssetsBOYAmt
Total Assets EOY	$587,660,066	TotalAssetsEOYAmt
Total Liabilities BOY	$463,489,582	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$529,665,664	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$52,168,223	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$57,994,402	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	Yes (1)	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	0	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	18739	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	311	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 (15 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
Secretary/Chair	8.00	Yes (X)	Yes (X)	$0	$0	$0
Paul Richey
Vice Chair/Chair	4.00	Yes (X)	Yes (X)	$0	$0	$0
Alex Talmant
Treasurer	4.00	Yes (X)	Yes (X)	$0	$0	$0
William Arensdorf
Chair/Secretary	4.00	Yes (X)	Yes (X)	$0	$0	$0
Barbara Byington
Director	4.00	Yes (X)		$0	$0	$0
Vernon Dalton
Director	4.00	Yes (X)		$0	$0	$0
Jon Steele
Director	4.00	Yes (X)		$0	$0	$0
Wallace Murray
President/CEO	40.00		Yes (X)	$323,542	$0	$21,799
Dean Altus
EVP/COO	40.00		Yes (X)	$631,554	$0	$12,173
Joyce Whitney-Silva
EVP/CFO	40.00		Yes (X)	$154,133	$0	$18,843
LETICIA CAREY
GNM Mortgage Consultant	40.00			$199,241	$0	$18,020	Yes (X)
Natalie Dufty
GNM Mortgage Consultant	40.00			$189,963	$0	$17,960	Yes (X)
Mary Lynn Atkins
GNM Mortgage Consultant	40.00			$173,687	$0	$9,278	Yes (X)
Doug Daberko
GNM Mortgage Consultant	40.00			$160,203	$0	$17,296	Yes (X)
Roberto Castillo
GNM Mortgage Consultant	40.00			$154,533	$0	$19,593	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,986,856	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$134,962	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	23	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 DRIVE	BROOKFIELD	WI	53045	CORE PROCESSOR SUPPORT	$338,949
BDI
320 NORTH OAK STREET	INGLEWOOD	CA	90302	STATEMENTS AND NOTICES	$266,171
BancVue
PO Box 527	Lubbock	TX	79408	Checking account processing	$172,421
Sectran Security Inc
PO Box 227267	Los Angeles	CA	900220967	Security/Armored Transport	$162,197
Cook Security Group
5841 SE International Way	Milwaukie	OR	97222	ATM Maintenance Security	$140,081

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Interest On Member Loa	522100	$19,032,201	$19,032,201
Fees and Service Charg	522100	$9,197,616	$9,197,616
Other Non-Interest Inc	522100	$7,374,662	$6,782,425	$592,237
GAIN ON SALE OF LOANS	522100	$4,935,845	$4,935,845

Field	Value	IRS element (for citing)
Total Program Service Revenue	$40,540,324	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,895,932	TotalRevenueColumnAmt
Exclusion	$1,895,932	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$75,731	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	$75,731	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$75,731	TotalRevenueColumnAmt
Exclusion	$75,731	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$9,001,008	SecuritiesAmt
Other	$305,783	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$8,994,539	SecuritiesAmt
Other	$273,776	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$6,469	SecuritiesAmt
Other	$32,007	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$38,476	TotalRevenueColumnAmt
Related Or Exempt Func Income	$16,776	RelatedOrExemptFuncIncomeAmt
Exclusion	$21,700	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Life Insurance Value	Desc
Business	900099	BusinessCd
Total Revenue Column	$317,103	TotalRevenueColumnAmt
Exclusion	$317,103	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$317,103	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$42,867,566	TotalRevenueColumnAmt
Related Or Exempt Func Income	$39,964,863	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$592,237	UnrelatedBusinessRevenueAmt
Exclusion	$2,310,466	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$235,338	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$2,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,162,044	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$10,958,135	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$219,151	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,563,085	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,092,839	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$108,847	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$83,207	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,845,218	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,249,400	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,518,732	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$266,276	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,249,369	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$288,899	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$166,334	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,723,315	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,217,196	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$120,622	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Loan Servicing	$3,118,294
Processing Costs	$2,744,543
Loan Loss Provision	$1,639,156
Licenses and Fees	$698,407

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,516,473	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,786,880	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$13,538,500	BOYAmt
EOY	$21,020,790	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$17,821,352	BOYAmt
EOY	$29,462,241	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$316,929,956	BOYAmt
EOY	$383,968,360	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$835,924	BOYAmt
EOY	$1,158,475	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$50,462,849	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$19,511,498	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$30,481,387	BOYAmt
EOY	$30,951,351	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$47,481,405	BOYAmt
EOY	$53,678,708	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$61,620,099	BOYAmt
EOY	$33,089,699	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$26,949,182	BOYAmt
EOY	$34,330,442	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$515,657,805	BOYAmt
EOY	$587,660,066	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,688,241	BOYAmt
EOY	$4,806,653	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
EOY	$1,375,361	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$461,801,341	BOYAmt
EOY	$523,483,650	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$463,489,582	BOYAmt
EOY	$529,665,664	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	$52,168,223	BOYAmt
EOY	$57,994,402	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$52,168,223	BOYAmt
EOY	$57,994,402	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$515,657,805	BOYAmt
EOY	$587,660,066	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,080,686	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$254,507	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	$3,415,949	BeginningBalanceAmt
Additions During Year	$12,934,192	AdditionsDuringYearAmt
Distributions During Year	$12,637,505	DistributionsDuringYearAmt
Ending Balance	$3,712,636	EndingBalanceAmt
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,751,716	OtherCostOrOtherBasisAmt
Book Value	$8,751,716	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$20,898,433	OtherCostOrOtherBasisAmt
Depreciation	$8,301,125	DepreciationAmt
Book Value	$12,597,308	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,900,187	OtherCostOrOtherBasisAmt
Depreciation	$1,271,014	DepreciationAmt
Book Value	$1,629,173	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$17,777,081	OtherCostOrOtherBasisAmt
Depreciation	$9,879,247	DepreciationAmt
Book Value	$7,897,834	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$135,432	OtherCostOrOtherBasisAmt
Depreciation	$60,112	DepreciationAmt
Book Value	$75,320	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$30,951,351	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	CDS and Other Investments	Desc
Book Value	$33,089,699	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$33,089,699	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDesc	Book ValueBookValueAmt
Loans Held For Sale	$8,716,029
Accrued Interest Receivable	$1,802,927
NCUSIF Deposit	$4,766,609
Deferred Compensation Funding	$380,757
Mortgage Servicing Rights	$4,104,122
Life Insurance Cash Surrender Value	$11,911,380
Other Assets	$2,648,618

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$34,330,442	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	Members' Share and Savings Accounts	Desc
Amt	$523,483,650	Amt

Field	Value	IRS element (for citing)
Total Liability	$523,483,650	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 2014, 2013, AND 2012 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 (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
UNIVERSITY OF NEVADA RENO
1664 N VIRGINIA ST	RENO	NV	89557	886000024	STATE OF NEVADA	$35,000	EDUCATIONAL ASSISTANCE
SPECIAL OLYMPICS NEVADA
5670 WYNN RD SUITE E	LAS VEGAS	NV	89118	680363121	501(C)(3)	$25,000	SPORTS EVENTS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES

Field	Value	IRS element (for citing)
Total501c3 Org	2	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

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 (8 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	$298,542	$0	$25,000	$0	$0	$0	$7,026	$0	$14,773	$0	$345,341	$0	$0	$0
Dean Altus
EVP/COO	$150,373	$0	$5,400	$0	$475,781	$0	$4,342	$0	$7,831	$0	$643,727	$0	$0	$0
Joyce Whitney-Silva
EVP/CFO	$148,733	$0	$5,400	$0	$0	$0	$4,295	$0	$14,548	$0	$172,976	$0	$0	$0
LETICIA CAREY
GNM Mortgage Consultant	$199,241	$0	$0	$0	$0	$0	$5,442	$0	$12,578	$0	$217,261	$0	$0	$0
Natalie Dufty
GNM Mortgage Consultant	$189,963	$0	$0	$0	$0	$0	$5,464	$0	$12,496	$0	$207,923	$0	$0	$0
Mary Lynn Atkins
GNM Mortgage Consultant	$173,687	$0	$0	$0	$0	$0	$2,261	$0	$7,017	$0	$182,965	$0	$0	$0
Doug Daberko
GNM Mortgage Consultant	$160,203	$0	$0	$0	$0	$0	$4,653	$0	$12,643	$0	$177,499	$0	$0	$0
Roberto Castillo
GNM Mortgage Consultant	$154,533	$0	$0	$0	$0	$0	$734	$0	$18,859	$0	$174,126	$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. A DISTRIBUTION OF $475,781 WAS MADE TO DEAN ALTUS, EVP/COO, DURING 2015.	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 11	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, 2015.
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

Disregarded Entity Name DisregardedEntityName

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

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	451 Eagle Station Lane	AddressLine1Txt
City	Carson City	CityNm
State Abbreviation	NV	StateAbbreviationCd
ZIP	89701	ZIPCd

Field	Value	IRS element (for citing)
EIN	880500878	EIN
Primary Activities	Mortgage Services, Insurance	PrimaryActivitiesTxt
Legal Domicile State	NV	LegalDomicileStateCd
Total Income	$9,949,088	TotalIncomeAmt
End Of Year Assets	$18,587,695	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

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