CREDIT UNIONS IN THE STATE OF NEW MEXICO: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF NEW MEXICO (EIN 85-0102571)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201643209349318129
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T20:11:37-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261694946 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHWARTZ COLE AND ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11776 W SAMPLE RD STE 106 | AddressLine1Txt |
| City | CORAL SPRINGS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 330653180 | 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 | 850102571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREDIT UNIONS IN THE STATE OF NEW M | BusinessNameLine1Txt |
| Business Name Line2 | FIRST FINANCIAL CREDIT UNION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRED | BusinessNameControlTxt |
| Phone | 5054621115 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 TIJERAS NW | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD MOOREHEAD | PersonNm |
| Person Title | INTERIM CEO / CFO | PersonTitleTxt |
| Phone | 5054621115 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL J COLE | PreparerPersonNm |
| PTIN | P00055998 | PTIN |
| Phone | 9547551760 | PhoneNum |
| Preparation | 2016-11-15 | 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 | RONALD MOOREHEAD | PrincipalOfficerNm |
| Gross Receipts | $26,759,022 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.FFNM.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGED RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 230 | TotalEmployeeCnt |
| Total Gross UBI | $107,400 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,948,483 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,141,620 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,051,679 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,617,402 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $25,000,162 | PYTotalRevenueAmt |
| CY Total Revenue | $26,759,022 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,361,133 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,226,006 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,135,790 | PYOtherExpensesAmt |
| CY Other Expenses | $13,244,964 | CYOtherExpensesAmt |
| PY Total Expenses | $24,496,923 | PYTotalExpensesAmt |
| CY Total Expenses | $26,470,970 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $503,239 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $288,052 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $427,405,979 | TotalAssetsBOYAmt |
| Total Assets EOY | $491,504,002 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $389,787,978 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $451,706,220 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $37,618,001 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,797,782 | NetAssetsOrFundBalancesEOYAmt |
| Mission | FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGED RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUS, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 35000 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 230 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD MOOREHEAD | PersonNm |
| Phone | 5057665600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 TIJERAS NW | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | 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 |
|---|---|---|---|---|---|---|---|
| CASSIE KELLEY | |||||||
| CHAIRPERSON | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PABLO RAEL | |||||||
| 2ND VICE CHR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| VICTOR PADILLA | |||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHY THOMAS | |||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN BLUMENTHAL | |||||||
| SEC/TREAS | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BOYD MILLER | |||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| VINCENT ESPARZA | |||||||
| 1ST VICE CHA | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LORETTA MONTOYA | |||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD MOOREHEAD | |||||||
| INTERIM CEO | 45.00 | Yes (X) | $414,698 | $0 | $31,280 | ||
| KAREN BROTEN | |||||||
| COO | 45.00 | Yes (X) | $20,140 | $0 | $20,432 | ||
| BEN HEYWARD | |||||||
| FORMER PRESI | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| SARAH HORTEN | |||||||
| SVP LENDING | 45.00 | $136,957 | $0 | $11,863 | Yes (X) | ||
| GAVIN GILLETTE | |||||||
| SR. VP OF AD | 45.00 | $131,968 | $0 | $11,614 | Yes (X) | ||
| ANDREW T SCHOL | |||||||
| VP IT | 45.00 | $131,623 | $0 | $11,596 | Yes (X) | ||
| CLINTON L GRAY | |||||||
| VPOF INTRL O | 45.00 | $130,046 | $0 | $15,006 | Yes (X) | ||
| OLIVIA MARTINEZ | |||||||
| VP OF LENDIN | 45.00 | $106,793 | $0 | $15,354 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,072,225 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $117,145 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc |
|---|---|---|---|---|---|
| BCBS BLUE CROSS BLUE SHIELD | |||||
| $1,687,305 | |||||
| LANVERA | |||||
| $412,573 | |||||
| DEBORAH SELIGMAN | |||||
| $272,700 | PO BOX 7806 | ALBAQUERQUE | NM | 871947806 | ATTORNEY |
| CENTURY LINK-505-D08-2040-040 | |||||
| $257,963 | |||||
| JACK HENRY ASSOCIATES | |||||
| $193,555 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | BusinessBusinessCd | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LOAN INTEREST | $15,280,029 | $15,280,029 | ||
| FEES AND CHARGES | $6,505,526 | $6,505,526 | ||
| OTHER OPERATING INCOME | $3,248,665 | $3,248,665 | ||
| NON-MEMBER ATM FEES | $107,400 | 525990 | $107,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,141,620 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,447,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,447,248 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $170,154 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $170,154 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $170,154 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $170,154 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,759,022 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,651,622 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $107,400 | UnrelatedBusinessRevenueAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $622,838 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,420,023 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $641,319 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,692,935 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $848,891 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,722,052 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,360 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,723,835 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| OFFICE OPERATIONS | $3,096,136 |
| PROVISIONS FOR LOAN LOSSE | $2,743,452 |
| PROFESSIONAL FEES | $1,606,654 |
| EDUCATIONAL AND PROMOTION | $792,194 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,246,917 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,470,970 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,966,653 | BOYAmt |
| EOY | $13,522,325 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,643,710 | BOYAmt |
| EOY | $30,644,032 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,912,377 | BOYAmt |
| EOY | $322,403,277 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $24,746,338 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,751,344 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,074,733 | BOYAmt |
| EOY | $9,994,994 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,623,944 | BOYAmt |
| EOY | $83,495,200 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,184,562 | BOYAmt |
| EOY | $31,444,174 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $427,405,979 | BOYAmt |
| EOY | $491,504,002 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,020,102 | BOYAmt |
| EOY | $4,435,824 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,767,876 | BOYAmt |
| EOY | $447,270,396 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,787,978 | BOYAmt |
| EOY | $451,706,220 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,618,001 | BOYAmt |
| EOY | $39,797,782 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,618,001 | BOYAmt |
| EOY | $39,797,782 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $427,405,979 | BOYAmt |
| EOY | $491,504,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $288,052 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,891,729 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,829,716 | OtherCostOrOtherBasisAmt |
| Book Value | $1,829,716 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,469,937 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,036,455 | DepreciationAmt |
| Book Value | $5,433,482 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,041,749 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,029,358 | DepreciationAmt |
| Book Value | $1,012,391 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,404,936 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,685,531 | DepreciationAmt |
| Book Value | $1,719,405 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,994,994 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENT IN CU ANYTIME | $11,900,000 |
| OTHER ASSETS | $9,034,412 |
| FORECLOSED AND REPO'D ASSETS | $4,895,280 |
| NCUA SHARE INSURANCE DEPOSIT | $4,262,717 |
| ACCRUED INTEREST ON LOANS | $1,351,765 |
| ACCRUED INCOME | |
| PREPAID EXPENSES | |
| INVESTMENT IN CUSO |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $31,444,174 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SHARES | Desc |
| Amt | $447,270,396 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $447,270,396 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $26,759,022 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $26,759,022 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $26,759,022 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,470,970 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $26,470,970 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $26,470,970 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RONALD MOOREHEAD | PersonNm |
| Title | INTERIM CEO / CFO | TitleTxt |
| Base Compensation Filing Org | $414,698 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $31,280 | DeferredCompensationFlngOrgAmt |
| Total Compensation Filing Org | $445,978 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | THE VOLUNTEERS FORM THE SUPERVISORY COMMITTEE WHICH OVERSEES THE ELECTION OF THE BOARD OF DIRECTORS AND ALSO REVIEWS THE AUDITS. |
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERSHIP IS AVAILABLE TO ANYONE WHO QUALIFIES UNDER THE FIELD OF MEMBERSHIP, REQUESTS MEMBERSHIP, AND IS APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | YES THERE IS A PROCESS FOR THE ELECTION OF MEMBERS. THE MEMBER MUST FIRST MEET CERTAIN REQUIREMENTS SUCH AS LENGTH OF TIME OF MEMBERSHIP, UNDERSTANDING OF HOW A CREDIT UNION WORKS, AND THE SERVICES OFFERED. THEY ARE THEN ELECTED TO NOMINATION BY A NOMINATING COMMITTEE OF 3 PEOPLE AFTER BEING EVALUATED BY THE COMMITTEE. THE MEMBER MUST THEN BE VOTED ONTO THE CREDIT UNIONS BOARD OF DIRECTORS BY OTHER MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 REVIEWED AT REGULARLY SCHEDULED BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | YES, THE ENFORCEMENT OF A CONFLICTS OF INTEREST POLICY IS ACTIVELY CARRIED OUT BY THE ORGANIZATION. THE POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK AND IS ALSO INTEGRATED INTO THE BOARD OF DIRECTORS POLICIES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | YES, COMPENSATION FOR TOP OFFICALS IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. IN ADDITION, CREDIT UNION USES COMPENSATION COMMITTEE AND COMPENSATION SURVEY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | YES, COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND VP OF HUMAN RESOURCES. SALARY SURVEYS ARE USED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE BOOKS ARE AVAILABLE TO THE PUBLIC TO REVIEW UPON REQUEST. THE CALL REPORT IS ALSO OPEN TO THE PUBLIC TO REVIEW AND IS PUBLISHED ON THE NCUA WEBSITE. THE CURRENT MONTHS STATEMENT OF FINANCIAL POSITION IS POSTED IN THE LOBBY OF EACH BRANCH. |
| FORM 990, PART XI, LINE 9 | MERGER 1,891,729 TOTAL 1,891,729 |