2016-08-01T18:06:21-07:00 2015-12-31 990 2015-01-01 956111723 EVANGELICAL CHRISTIAN CREDIT UNION EVAN 7146715700 955 West Imperial Highway Suite 100 Brea CA 92821 Abel Pomar President/CEO 7146715700 2016-08-01 2015 2016-12-15 16:53:06Z X Abel Pomar 955 West Imperial Highway Suite 100 Brea CA 92821 40539408 0 X WWW.ECCU.ORG X 1984 CA The Evangelical Christian Credit Union exists to fuel Christ-centered ministry worldwide. 8 7 203 15 0 0 0 0 45206909 35094155 1898578 1445360 1980617 3999893 49086104 40539408 147909 90403 0 0 20663895 17946761 0 0 0 47251324 36983712 68063128 55020876 -18977024 -14481468 1001217465 900486682 926961769 840688676 74255696 59798006 Evangelical Christian Credit Union (ECCU) is an alliance of Christian people and organizations committed to fueling Christ-centered ministry worldwide. ECCU serves individuals, missionaries, and ministries in their desire to hold to biblically-based financial principals. Through their accounts at ECCU, members help to provide loans to churches and other Christian organizations, grants to ministries, low-cost banking services to missionaries, and products designed for churches and ministries. 0 0 55020876 The Evangelical Christian Credit Union provided Credit Union Services to our members. Our membership totaled 12,664 as of December 31, 2015. 0 0 0 55020876 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 4234 0 1 203 1 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Abel Pomar 7146715700 955 West Imperial Highway Suite 100 Brea CA 92821 James LePere Chairman, Director 5 X X 3438 0 0 C Richard Ferree Secretary, Director 5 X X 6324 0 0 Samuel C Wolgemuth Vice Chairman, Director 5 X X 4045 0 0 Van E Elliott Chairman, Secretary, Director 5 X X 5510 0 0 Jack Russ Treasurer, Director 5 X X 3040 0 0 Kenneth N Von Rohr Director 5 X 761 0 0 Carl Moeller Director 5 X 2496 0 0 Holly Culhane Director 5 X 3317 0 0 Edward A Smith Director 2 X 814 0 0 Mark G Holbrook President/CEO 16 X 505167 0 30140 Abel L Pomar Interim CEO, EVP/COO 40 X 355629 0 27112 Robert M McDougall EVP & Chief Lending Officer 40 X 356131 0 37546 Robert Nolin EVP & Chief Credit Officer 40 X 237756 0 32037 Michael L Koch SVP/CFO 14 X 166838 0 12680 Steven M Worthington EVP & Chief Credit Officer 10 X 147276 0 7747 Susan B Rushing SVP Operations 40 X 162915 0 12903 Tim Lewison VP Participations 40 X 209506 0 28395 Paul A Schmidhauser Associate General Counsel 40 X 228403 0 33511 Gary L Kehr Regional Director, Lending 40 X 188367 0 20500 Michael R Boblit Director of Sales, Church & Ministries 40 X 185473 0 23463 Donald G Hughes VP Credit 40 X 183534 0 22849 2956740 0 288883 50 0 1 0 Reveille Inc 2330 Vanguard Way Ste A104 Costa Mesa CA 92626 Marketing 262524 Fiserv Solutions Inc PO Box 80123 City of Industry CA 91716 Data Processing Services 252536 Q2 Software Inc PO Box 205970 Dallas TX 75320 Data Processing Services 224460 Professional Management & Construction Services 22797 County Road 448 Garden Valley TX 75771 Property Management Services 209970 CNL Commercial Real Estate 420 South Orange Ave Suite 950 Orlando FL 32801 Property Management Services 144372 12 0 Loan Interest & Non- Interest Fee Income 522130 35094155 35094155 0 0 0 0 0 0 35094155 1445360 1445360 0 0 0 0 0 0 0 0 0 0 3999893 0 0 0 3999893 0 3999893 3999893 0 0 0 0 0 0 0 0 0 40539408 40539408 0 0 90403 90403 2956741 2956741 10735616 10735616 194189 194189 2932012 2932012 1128203 1128203 341677 341677 222852 222852 331739 331739 799063 799063 998133 998133 1591388 1591388 2194233 2194233 69335 69335 51837 51837 8846221 8846221 2254735 2254735 966964 966964 Provision for Loan Loss 9735723 9735723 0 0 Member Transactions 2846711 2846711 0 0 Losses on REO 5733101 5733101 0 0 55020876 55020876 0 0 475917 107096 108304940 109560499 0 0 0 0 0 0 0 0 723983118 634178537 0 0 2031051 2462192 82121594 27251299 69849737 54870295 74461878 51720778 0 0 10468553 34426518 0 0 11642271 13160767 1001217465 900486682 1556865 1905502 0 0 243722 234831 0 0 0 0 0 0 164186856 109032996 0 0 760974326 729515347 926961769 840688676 X 0 0 0 0 74255696 59798006 74255696 59798006 1001217465 900486682 X -14481468 -116831 0 0 0 140609 X 0 1 X 1 0 0 11994979 11994979 8241854 46173456 13173613 41241697 0 0 0 0 0 15711305 14077686 1633619 0 0 0 0 54870295 0 Member Share Deposits 729515347 729515347 X 40539408 0 0 0 0 0 40539408 0 0 0 40539408 55020876 0 0 0 0 0 55020876 0 0 0 55020876 Schedule D, Part X, Line 2 The Credit Union had no unrecognized tax benefits at December 31, 2015 and 2014. Interest and penalties related to unrecognized tax benefits are recognized by the Credit Union as an administrative expense. During the years ended December 31, 2015 and 2014, the Credit Union recognized no interest and penalties. 1 OC International Inc 5801 N Union Blvd Colorado Springs CO 80918 941501634 501 (C) 3 7600 0 General Support ReachGlobal 901 E 78th Street Minneapolis MN 55420 410721672 501 (C) 3 6200 0 General Support Wycliffe Bible Translators 11221 John Wycliffe Blvd Orlando FL 32832 951831097 501 (C) 3 13150 0 General Support International Teams 411 West River Road Elgin IL 60123 366069820 501 (C) 3 7600 0 General support 4 0 Schedule I, Part I, Line 2 The Board of Directors has established a Ministry Grant Committee, and ECCU management has established an ECCU Missions Committee. The Board of Directors determines the overall annual grant limits for the Ministry Grant Committee and Missions Committee, as well as grant allocation limits for officials. The ECCU Missions Committee reviews and approves grants for current and former ECCU employees to serve short-term or long-term missions to ministry organizations. An official must complete a Ministry Grant Application for an approved ministry with an amount not to exceed his/her allocation limit. ECCU's Ministry Grant Policy requires that any application by an official receive the approval of the Chairman of the Ministry Grant Committee and the Chairman of the Board. Before any grant is approved by either the Ministry Grant Committee or ECCU Missions Committee, the applicable Committee must first determine that the ministry organization recipient is either a current member of ECCU or an organization approved in ECCU's field of membership. All recipient organizations are required to be licensed 501(c)(3) organizations. To be qualified for ECCU's field of membership, an organization is required to show proof of its 501(c)(3) status, its statement of faith, and its articles of incorporation. Annually, the Ministry Grant Committee provides a recap of the previous calendar year's grant activity, including names of the officials who requested the grants, the names of ministry recipients, and the amount of the grants paid out. Annually, the ECCU Missions Committee presents a recap of the previous calendar year's short-term and long-term missions trip grants, including current or former employee names, the names of the ministry recipients, and the amount of grants paid out. X 1 1 X X X 1 0 0 Mark G Holbrook President/CEO 145962 0 0 0 359205 0 20452 0 9687 0 535306 0 0 0 Abel L Pomar Interim CEO, EVP/COO 265000 0 90629 0 0 0 5300 0 21812 0 382741 0 0 0 Robert M McDougall EVP & Chief Lending Officer 230000 0 126131 0 0 0 5300 0 32246 0 393677 0 0 0 Robert Nolin EVP & Chief Credit Officer 176923 0 60833 0 0 0 0 0 32037 0 269793 0 0 0 Michael L Koch SVP/CFO 69624 0 0 0 97214 0 1683 0 10997 0 179518 0 0 0 Steven M Worthington EVP & Chief Credit Officer 52615 0 0 0 94661 0 1238 0 6509 0 155023 0 0 0 Tim Lewison VP Participations 165000 0 44506 0 0 0 0 0 28395 0 237901 0 0 0 Paul A Schmidhauser Associate General Counsel 179317 0 46299 0 2787 0 4658 0 28853 0 261914 0 0 0 Gary L Kehr Regional Director, Lending 123350 0 65017 0 0 0 3800 0 16700 0 208867 0 0 0 Michael R Boblit Director of Sales, Church & Ministries 130000 0 55000 0 473 0 3764 0 19699 0 208936 0 0 0 Donald G Hughes VP Credit 130000 0 53534 0 0 0 3700 0 19149 0 206383 0 0 0 Susan B Rushing SVP Operations 160000 0 0 0 2915 0 3274 0 9629 0 175818 0 0 0 Schedule J, Part I, Line 1a Evangelical Christian Credit Union has travel policies and procedures for employees and Board of Directors. Schedule J, Part I, Line 3 The Compensation Committee meets annually to identify the CEO's performance, objectives and related short-term incentive targets. Industry-specific surveys are reviewed to determine appropriate compensation levels. The Board of Directors reviews the Compensation Committee's recommendations of the CEO's total cash compensation and targets and makes a final determination. Schedule J, Part I, Line 4 The following individuals received severance payments in 2015: 1. Mark G. Holbrook- $330,061 2. Michael L. Koch- $83,555 3. Steven M. Worthington- $68,000 Mark Von Rohr Family of Board Member 91757 Emplyment 0 Form 990, Part VI, Section A, Line 6 Evangelical Christian Credit Union is a state chartered credit union (not-for-profit cooperative) with members who qualify under field of membership criteria. Form 990, Part VI, Section A, Line 7a The Credit Union members elect the Board of Directors. Form 990, Part VI, Section B, Line 11b A draft of the Form 990 is reviewed by the Credit Union's VP of Accounting and Supervisory Committee; updates are made to the draft from their comments. Then copies of the Form 990 are sent to the full Board of Directors so they have the opportunity to provide comments and questions prior to filing. Form 990, Part VI, Section B, Line 12c All employees and Board Members are required to read and sign the conflict of interest policy and acknowledgment. Once an employee or Board Member becomes aware of a conflict, he/she must disclose the conflict. Annually, the Board and the CEO must review the policy and all staff must complete a training course which includes content from the Conflict of Interest Policy. Form 990, Part VI, Section B, Line 15 The Compensation Committee meets annually to identify the CEO's performance objectives and related short-term incentive targets. Industry-specific surveys are reviewed to determine appropriate compensation levels. The Board of Directors reviews the Compensation Committee's recommendations of the CEO's total cash compensation targets and makes a final determination. Form 990, Part VI, Section C, Line 19 Governing documents and the conflict of interest policy are not available to the public. Unaudited monthly financials are available on the company website as well as annual financials derived from the audited statements. Form 990, Part XI, Line 9 This is other comprehensive income for minimum pension liability adjustment.