SAFE CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SAFE CREDIT UNION (EIN 94-1179501)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-10
- IRS object ID
- 201301309349302870
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-05-10T15:00:34-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 Capitol Mall | AddressLine1 |
| Address Line2 | Suite 1200 | AddressLine2 |
| City | Sacramento | City |
| State | CA | State |
| ZIP Code | 958144434 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941179501 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAFE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SAFE | NameControl |
| Phone | 9169714554 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3720 Madison Avenue | AddressLine1 |
| City | North Highlands | City |
| State | CA | State |
| ZIP Code | 956605024 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS HARRIS | Name |
| Title | CFO | Title |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kristin Ficker | Name |
| PTIN | P01254056 | PTIN |
| Phone | 9164411000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENRY W WIRZ | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3720 Madison Avenue | AddressLine1 |
| City | North Highlands | City |
| State | CA | State |
| ZIP Code | 95660 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 102285686 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SAFECU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | SAFE CREDIT UNION'S MISSION IS TO HELP MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING, PROVIDE EXCELLENT SERVICE, AND ENSURE A FINANCIALLY SOUND CREDIT UNION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 582 | TotalNbrEmployees |
| Total Nbr Volunteers | 16 | TotalNbrVolunteers |
| Total Gross UBI | 1635960 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 85198489 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 90311489 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7506413 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8180200 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2492973 | OtherRevenuePriorYear |
| Other Revenue Current Year | 481932 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 95197875 | TotalRevenuePriorYear |
| Total Revenue Current Year | 98973621 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 272573 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 324598 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 9914381 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 7176347 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 27285801 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 32275986 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 44532716 | OtherExpensePriorYear |
| Other Expenses Current Year | 37469205 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 82005471 | TotalExpensesPriorYear |
| Total Expenses Current Year | 77246136 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 13192404 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 21727485 | RevenuesLessExpensesCY |
| Total Assets BOY | 1781163623 | TotalAssetsBOY |
| Total Assets EOY | 1906193997 | TotalAssetsEOY |
| Total Liabilities BOY | 1609900248 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1710326650 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 171263375 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 195867347 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SAFE CREDIT UNION'S MISSION IS TO HELP MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING, PROVIDE EXCELLENT SERVICE, AND ENSURE A FINANCIALLY SOUND CREDIT UNION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | SAFE HAS SERVED THE SACRAMENTO AREA SINCE 1940, AND NOW HAS MEMBERSHIP SPANNING 12 COUNTIES IN NORTHERN CALIFORNIA. SAFE HAS 21 BRANCHES IN THREE OF THESE COUNTIES: SACRAMENTO, PLACER AND YOLO. SAFE SERVES APPROXIMATELY 163,000 MEMBERS. SAFE OFFERS DEPOSITORY, LENDING AND OTHER FINANCIAL PRODUCTS AND SERVICES TO HELP ITS MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING. AS A NONPROFIT, SAFE IS ABLE TO DELIVER BENEFITS TO ITS MEMBERSHIP THROUGH LOWER LOAN RATES AND HIGHER DEPOSIT RATES. IN ADDITION, SAFE MEMBERS ENJOY THE FOLLOWING BENEFITS: ACCESS TO 25,000 ATMS NATIONWIDE, ACCESS TO 2,500 SHARED BRANCH LOCATIONS NATIONWIDE, ABILITY TO PERFORM POINT-OF-SALE (POS) TRANSACTIONS, FREE ONLINE BANKING AND BILL PAY, FINANCIAL MANAGEMENT TOOLS AND EARLY PAYDAY WITH DIRECT DEPOSIT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SAFE OFFERS A VARIETY OF DEPOSIT PRODUCTS INCLUDING SAVINGS, CHECKING, MONEY MARKET, CERTIFICATE, RETIREMENT, BUSINESS , HOLIDAY CLUB AND YOUTH ACCOUNTS. DEPOSITS ARE FEDERALLY INSURED TO AT LEAST $250,000 AND BACKED BY THE FULL FAITH AND CREDIT OF THE UNITED STATES GOVERNMENT. SAFE'S DEPOSIT RATES ARE EVERY COMPETITIVE WITH THE MARKET AND ARE TYPICALLY HIGHER THAN BANKS. SAFE FEATURES BOTH LOW AND NO-COST CHECKING PRODUCTS AS WELL AS THOSE WITH HIGHER DIVIDEND RATES. MEMBERS CAN TRANSFER FUNDS FROM ONE DEPOSIT PRODUCT OR ACCOUNT TO ANOTHER QUICKLY AND SEAMLESSLY THROUGH OUR ONLINE BANKING AND TELEPHONE SYSTEMS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SAFE OFFERS A VARIETY OF LOW-RATE PRODUCTS TO HELP MEMBERS WITH THEIR FINANCING NEEDS. AVAILABLE LOAN PRODUCTS INCLUDE AUTO LOANS, REAL ESTATE MORTGAGE LOANS, HOME EQUITY LINES OF CREDIT, HOME IMPROVEMENT LOANS, VISA CREDIT CARDS, SMALL BUSINESS LOANS, STUDENT LOANS, AND OTHER SECURED AND UNSECURED LOANS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | true | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 31139 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 582 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chris Harris | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9169714554 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3720 Madison Avenue | AddressLine1 |
| City | North Highlands | City |
| State | CA | State |
| ZIP Code | 956605024 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| DONALD HUG | |||||||||
| 2ND VICE CHAIRMAN | 8.00 | 0.00 | X | X | 0 | 0 | 0 | ||
| JAMES JEFFERSON | |||||||||
| SECRETARY | 7.00 | 0.00 | X | X | 0 | 0 | 0 | ||
| KATHERN GASKINS | |||||||||
| TREASURER | 19.00 | 0.00 | X | X | 1690 | 0 | 0 | ||
| PHILLIP MESERVE | |||||||||
| 1ST VICE CHAIRMAN | 10.00 | 0.00 | X | X | 1845 | 0 | 0 | ||
| RONALD SEAMAN | |||||||||
| CHAIRMAN | 15.00 | 0.00 | X | X | 1594 | 0 | 0 | ||
| BRYAN PEPPERS | |||||||||
| DIRECTOR | 6.00 | 0.00 | X | 0 | 0 | 0 | |||
| HERB LONG | |||||||||
| DIRECTOR | 12.00 | 0.00 | X | 793 | 0 | 0 | |||
| JAMES HOPP | |||||||||
| DIRECTOR | 7.00 | 0.00 | X | 0 | 0 | 0 | |||
| TERRANCE TREMELLING | |||||||||
| DIRECTOR | 7.00 | 0.00 | X | 778 | 0 | 0 | |||
| CHRIS HARRIS | |||||||||
| SVP/CFO | 40.00 | 0.00 | X | 236134 | 0 | 24246 | |||
| DAVID ROUGHTON | |||||||||
| EVP/COO | 40.00 | 0.00 | X | 422910 | 0 | 36337 | |||
| HENRY WIRZ | |||||||||
| PRESIDENT/CEO | 40.00 | 0.00 | X | 2295644 | 0 | 34579 | |||
| DAVID POPE | |||||||||
| SVP/CTO | 40.00 | 0.00 | 361120 | 0 | 33326 | X | |||
| SHARON WHITELEY | |||||||||
| SVP/CCO | 40.00 | 0.00 | 401500 | 0 | 17690 | X | |||
| BRANDI SCHAEFER | |||||||||
| SR. MORTGAGE OFFICER | 40.00 | 0.00 | 240213 | 0 | 9441 | X | |||
| CASEY JENKINS | |||||||||
| SR. MORTGAGE OFFICER | 40.00 | 0.00 | 219473 | 0 | 26014 | X | |||
| JAYNE ANDERSON | |||||||||
| SR. MORTGAGE OFFICER | 40.00 | 0.00 | 398679 | 0 | 20081 | X | |||
| SCOTT BARHAM | |||||||||
| SR. MORTGAGE OFFICER | 40.00 | 0.00 | 230796 | 0 | 24173 | X | |||
| VIRGINIA WADE | |||||||||
| SVP, HR | 40.00 | 0.00 | 285425 | 0 | 19469 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5098594 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 245356 | TotalOtherCompensation |
| Number Individuals GT100 K | 33 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| QUEST | |||||
| PO BOX 41039 | SACRAMENTO | CA | 958410039 | TELECOMMUNICATIONS | 2119612 |
| INTUITDIGITAL INSIGHT | |||||
| PO BOX 515306 | LOS ANGELES | CA | 90051 | ONLINE BANKING SERVICES | 1685179 |
| RUNYON SALTZMAN & EINHORN INC | |||||
| ONE CAPITAL MALL STE 400 | SACRAMENTO | CA | 95814 | PUBLIC RELATIONS/MARKETING | 1181584 |
| BRINK'S INC | |||||
| PO BOX 619031 | DALLAS | TX | 75261 | ARMORED CAR TRANSPORT | 765985 |
| FISERV SOLUTIONS INC | |||||
| 4500 SW RESEARCH WAY | CORVALLIS | OR | 97333 | TECHNOLOGY/SOFTWARE | 656506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 48 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST ON LOANS TO MEMBERS | 522100 | 52665134 | 52665134 | |
| ATM AND DEBIT CARD FEES | 522100 | 11828176 | 10927334 | 900842 |
| ACCOUNT SERVICE FEES | 522100 | 11769666 | 11769666 | |
| GAIN ON SALE OF LOANS | 522100 | 8463021 | 8463021 | |
| LOAN FEES | 522100 | 2983122 | 2983122 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2602370 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2135473 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 466897 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 90311489 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8497842 | TotalRevenueColumn |
| Exclusion | $8,497,842 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 2994423 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 3312065 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | -317642 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -317642 | TotalRevenueColumn |
| Exclusion | -$317,642 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| OTHER NON-INTEREST INCOME | 522100 | 213711 | 213711 | |
| SHARED BRANCH FEES | 522100 | 268221 | 268221 | |
| 0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 481932 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 98973621 | TotalRevenueColumn |
| Related Or Exempt Function Income | 89157461 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1635960 | UnrelatedBusinessRevenue |
| Exclusion | $8,180,200 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314598 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10000 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7176347 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3863485 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21096382 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1616195 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3555304 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2144620 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576598 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153394 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100504 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 880054 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1724716 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4911394 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7546857 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3380008 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206339 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240151 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52852 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2384493 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 292227 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSSES | 8812410 |
| LOAN SERVICING EXPENSE | 2043817 |
| NCUSIF EXPENSE | 1579910 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2583481 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77246136 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218468095 | BOY |
| EOY | 203643924 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 948699582 | BOY |
| EOY | 968805922 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 75074276 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 40551816 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32954727 | BOY |
| EOY | 34522460 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 488833302 | BOY |
| EOY | 579769000 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14169970 | BOY |
| EOY | 13282009 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78037947 | BOY |
| EOY | 106170682 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1781163623 | BOY |
| EOY | 1906193997 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11864623 | BOY |
| EOY | 12648462 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 702000 | BOY |
| EOY | 1550000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1597333625 | BOY |
| EOY | 1696128188 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1609900248 | BOY |
| EOY | 1710326650 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171263375 | BOY |
| EOY | 195867347 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171263375 | BOY |
| EOY | 195867347 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1781163623 | BOY |
| EOY | 1906193997 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 21727485 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2876487 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 13245 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Expended For527 Activities | 13245 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 0 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 13245 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | true | Form1120PolFiled |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of political campaign activities | Identifier |
| Return Reference | Schedule C, Part I-A, Line 1 | ReturnReference |
| Explanation | SAFE IS A COMMUNITY-BASED CREDIT UNION THAT HAS SIGNIFICANT INTERFACE WITH THE LOCAL, STATE, AND FEDERAL GOVERNMENT OFFICIALS AND ENTITIES. WE PARTICIPATE IN THE POLITICAL PROCESS SO WE HAVE AN OPPORTUNITY TO PROVIDE INPUT ON LEGISLATION THAT AFFECTS CREDIT UNIONS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | true | AgentTrusteeEtc |
| Beginning Balance | 187483539 | BeginningBalance |
| Additions During Year | 237364580 | AdditionsDuringYear |
| Distributions During Year | 55740403 | DistributionsDuringYear |
| Ending Balance | 369107716 | EndingBalance |
| Included On FS | true | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7136755 | OtherCostOrOtherBasis |
| Book Value | 7136755 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30835856 | OtherCostOrOtherBasis |
| Depreciation | 9940565 | Depreciation |
| Book Value | 20895291 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3197525 | OtherCostOrOtherBasis |
| Depreciation | 2400626 | Depreciation |
| Book Value | 796899 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 33904140 | OtherCostOrOtherBasis |
| Depreciation | 28210625 | Depreciation |
| Book Value | 5693515 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 34522460 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| OTHER INVESTMENTS | 8993536 | C |
| AVAILABLE FOR SALE SECURITIES | 570775464 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 579769000 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| LOANS HELD FOR SALE | 42855108 |
| ACCRUED INTEREST RECEIVABLE | 6336034 |
| SHARE INSURANCE DEPOSITS | 16630629 |
| OTHER ASSETS | 40348911 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 106170682 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBERS' SHARE ACCOUNTS | $1,691,127,632 |
| PUBLIC UNIT SHARES | $5,000,556 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1696128188 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (16 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| KVIE | |||||||
| 2030 W EL CAMINO AVE | SACRAMENTO | CA | 95833 | 941421463 | 501(C)(3) | 31500 | ANNUAL SPONSORSHIP OF VIEW FINDER EVENT AND EDUCATIONAL TELEVISION PROGRAMMING SUPPORT |
| AEROSPACE MUSEUM OF CALIFORNIA | |||||||
| 3200 FREEDOM PARK DR | MCCLELLAN | CA | 95662 | 942831253 | 501(C)(3) | 24765 | SPONSORSHIP AND SUPPORT OF COMMUNITY-RELATED PROGRAMS |
| UC DAVIS MEDICAL SCHOOL | |||||||
| 4900 BROADWAY STE 115 | SACRAMENTO | CA | 95820 | 946036494 | 501(C)(3) | 18082 | SPONSORSHIP OF UC DAVIS STUDENT SCHOLARSHIPS AND PARTICIPATION IN OTHER FUNDRAISING EVENTS. |
| LEED | |||||||
| ONE CAPITOL MALL STE 300 | SACRAMENTO | CA | 95814 | 680287387 | 501(C)(3) | 16675 | SUPPORT OF REGIONAL INITIATIVES TO LINK EDUCATIONAL RESOURCES WITH ECONCOMIC DEVELOPMENT |
| ESKATON FOUNDATION | |||||||
| 5105 MANZANITA AVE | CARMICHAEL | CA | 95608 | 680227233 | 501(C)(3) | 16000 | SPONSORSHIP OF LOCAL HEALTHCARE EVENTS AND FUNDRAISERS |
| SACRAMENTO COUNTY OFFICE OF EDUCATION | |||||||
| PO BOX 269003 | SACRAMENTO | CA | 95826 | 946002536 | GOVERNMENT | 10500 | SUPPORT OF LOCAL HIGH SCHOOL SCHOLARSHIPS |
| CITY YEAR SACRAMENTO | |||||||
| 287 COLUMBUS AVE | BOSTON | MA | 02116 | 222882549 | 501(C)(3) | 10000 | SPONSORSHIP OF LOCAL COMMUNITY AND EDUCATIONAL SUPPORT FOR KIDS |
| THE SOCIETY OF ORATORS LLC | |||||||
| 3001 I STREET STE 300 | SACRAMENTO | CA | 95816 | 371536392 | 10000 | SUPPORT FOR LOCAL COMMUNITY LECTURE SERIES | |
| THE FIRST TEE OF GREATER SACRAMENTO | |||||||
| 3649 FULTON AVE | SACRAMENTO | CA | 95821 | 680023502 | 501(C)(3) | 10000 | SUPPORT FOR PROGRAM WHICH TEACHES CHILDREN THE PRINCIPLES/VALUES OF LIFE THROUGH GOLF |
| MAKE A WISH OF SACRAMENTO | |||||||
| 2800 CLUB CENTER DRIVE | SACRAMENTO | CA | 95835 | 680027351 | 501(C)(3) | 10000 | SUPPORT FOR PROGRAM GRANTING WISHES TO CHILDREN WITH LIFE-THREATENING ILLNESSES |
| SUTTER ROSEVILLE MEDICAL CENTER FOUNDATION | |||||||
| 2800 L STREET STE 620 | SACRAMENTO | CA | 95816 | 680040113 | 501(C)(3) | 10000 | SPONSORSHIP OF LOCAL HEALTHCARE EVENTS AND FUNDRAISERS |
| CALIFORNIA CAPITAL AIRSHOW | |||||||
| 6900 AIRPORT BLVD | SACRAMENTO | CA | 95837 | 743212900 | 501(C)(3) | 10000 | SUPPORT OF ANNUAL AIRSHOW |
| AMERICAN HEART ASSOCIATION | |||||||
| 2007 O STREET | SACRAMENTO | CA | 95811 | 135613797 | 501(C)(3) | 8624 | GO RED FOR WOMEN SPONSORSHIP |
| SACRAMENTO CRIME ALERT | |||||||
| 1731 HOWE AVE 215 | SACRAMENTO | CA | 95825 | 680000551 | 501(C)(3) | 8000 | SUPPORT OF PROGRAM FOR COMMUNITY TO REPORT CRIMINAL ACTIVITY TO LAW ENFORMENT |
| UC DAVIS FOUNDATION | |||||||
| 1460 DREW AVE SUITE 100 | DAIS | CA | 95618 | 946081352 | 501(C)(3) | 7500 | SUPPORT OF UC DAVIS FOUNDATION AND PARTICIPATION IN FUNDRAISING EVENTS. |
| UCP OF GREATER SACRAMENTO | |||||||
| 4350 AUBURN BLVD | SACRAMENTO | CA | 95841 | 263279530 | 501(C)(3) | 6000 | PROGRAM SUPPORT FOR ADULTS AND CHILDREN WITH DEVELOPMENTAL DISABILITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 15 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 10 | NumberOfRecipients |
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID ROUGHTON | |||||||||||||
| 237877 | 0 | 29165 | 0 | 155868 | 0 | 19750 | 0 | 16587 | 0 | 459247 | 0 | 0 | 0 |
| CHRIS HARRIS | |||||||||||||
| 143752 | 0 | 17381 | 0 | 75001 | 0 | 12699 | 0 | 11547 | 0 | 260380 | 0 | 0 | 0 |
| HENRY WIRZ | |||||||||||||
| 391995 | 0 | 10500 | 0 | 1893149 | 0 | 19750 | 0 | 14829 | 0 | 2330223 | 0 | 943728 | 0 |
| DAVID POPE | |||||||||||||
| 187011 | 0 | 28907 | 0 | 145202 | 0 | 16899 | 0 | 16427 | 0 | 394446 | 0 | 0 | 0 |
| SHARON WHITELEY | |||||||||||||
| 169314 | 0 | 24186 | 0 | 208000 | 0 | 14531 | 0 | 3159 | 0 | 419190 | 0 | 0 | 0 |
| JAYNE ANDERSON | |||||||||||||
| 397560 | 0 | 1119 | 0 | 0 | 0 | 14125 | 0 | 5956 | 0 | 418760 | 0 | 0 | 0 |
| VIRGINIA WADE | |||||||||||||
| 137519 | 0 | 16104 | 0 | 131802 | 0 | 12081 | 0 | 7388 | 0 | 304894 | 0 | 0 | 0 |
| BRANDI SCHAEFER | |||||||||||||
| 239673 | 0 | 540 | 0 | 0 | 0 | 7208 | 0 | 2233 | 0 | 249654 | 0 | 0 | 0 |
| SCOTT BARHAM | |||||||||||||
| 230146 | 0 | 650 | 0 | 0 | 0 | 9602 | 0 | 14571 | 0 | 254969 | 0 | 0 | 0 |
| CASEY JENKINS | |||||||||||||
| 218822 | 0 | 651 | 0 | 0 | 0 | 10422 | 0 | 15592 | 0 | 245487 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Travel for companions | Schedule J, Part I, Line 1a | BENEFITS TO INTERESTED PERSONS INCLUDES TRAVEL-RELATED EXPENSES FOR THE SPOUSES OF THE BOARD DIRECTORS WHO ARE ATTENDING CREDIT UNION AND FINANCIAL SERVICES INDUSTRY CONFERENCES OR EVENTS. THE FOLLOWING DIRECTORS RECEIVED THIS BENEFIT AND WERE ISSUED A 1099-MISC: 1. RONALD SEAMAN - $1,594 2. KATHERN GASKINS - $1,690 3. PHILLIP MESERVE - $1,845 4. HERB LONG - $793 5. TERRANCE TREMELLING - $778 |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | SAFE PAYS THE MEMBERSHIP DUES TO LOCAL SOCIAL CLUB FOR ITS CEO. |
| POLICY ON REIMBURSEMENT | SCHEDULE J, PART I, LINE 1B | THE BUSINESS PURPOSE OF THIS MEMBERSHIP IS TO FACILITATE EVENTS FOR THE CREDIT UNION'S CEO AND BUSINESS ASSOCIATES. MEMBERSHIP DUES ARE INVOICED DIRECTLY TO SAFE ON A MONTHLY BASIS AND APPROVED IN ACCORDANCE WITH COMPANY EXPENSE POLICIES. |
| Supplemental nonqualified retirement plan | Schedule J, Part I, Line 4b | 1. THE CREDIT UNION PROVIDED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO ITS CEO, HENRY WIRZ, IN WHICH THE COMPENSATION WAS DEFERRED UNTIL AGE 62 AND ACCRUED BY THE CREDIT UNION ANNUALLY OVER AN EIGHT YEAR PERIOD. THE TOTAL AMOUNT OF THE ACCRUED SERP WAS $1,887,415, WAS PAID OUT IN FULL IN 2012, AND TREATED AS FULLY TAXABLE IN 2012. BECAUSE SAFE FILED A GROUP FORM 990 PRIOR TO 2008, THE TOTAL AMOUNT OF DEFERRED COMPENSATION PREVIOUSLY REPORTED ON THE 990 AND SHOWN IN COLUMN F IN SCHEDULE J, PART II ONLY REFLECTS $943,728 INSTEAD OF THE FULL $1,887,415 AMOUNT. 2. THE CREDIT UNION'S EVP/COO, DAVID ROUGHTON, HAS A SERP IN WHICH THE CREDIT UNION PAYS A RETIREMENT BENEFIT TO THE EXECUTIVE IF CERTAIN REQUIREMENTS ARE MET. THE RETIREMENT BENEFIT IS TREATED AS ANNUAL COMPENSATION, WHICH IS SUBJECT TO INCOME TAX AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II. THE ANNUAL AMOUNT PAID IN 2012 IS $152,176. 3. THE CREDIT UNION'S SVP/CFO, CHRIS HARRIS, HAS A SERP IN WHICH THE CREDIT UNION PAYS A RETIREMENT BENEFIT TO THE EXECUTIVE IF CERTAIN REQUIREMENTS ARE MET. THE RETIREMENT BENEFIT IS TREATED AS ANNUAL COMPENSATION, WHICH IS SUBJECT TO INCOME TAX AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II. THE ANNUAL AMOUNT PAID IN 2012 IS $75,001. 4. THE CREDIT UNION'S SVP/CTO, DAVID POPE, HAS A SERP IN WHICH THE CREDIT UNION PAYS A RETIREMENT BENEFIT TO THE EXECUTIVE IF CERTAIN REQUIREMENTS ARE MET. THE RETIREMENT BENEFIT IS TREATED AS ANNUAL COMPENSATION, WHICH IS SUBJECT TO INCOME TAX AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II. THE ANNUAL AMOUNT PAID IN 2012 IS $145,202. 5. THE CREDIT UNION'S SVP/CCO, SHARON WHITELEY, HAS A SERP IN WHICH THE CREDIT UNION PAYS A RETIREMENT BENEFIT TO THE EXECUTIVE IF CERTAIN REQUIREMENTS ARE MET. THE RETIREMENT BENEFIT IS TREATED AS ANNUAL COMPENSATION, WHICH IS SUBJECT TO INCOME TAX AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II. THE ANNUAL AMOUNT PAID IN 2012 IS $208,000. 6. THE CREDIT UNION'S SVP,HR, VIRGINIA WADE, HAS A SERP IN WHICH THE CREDIT UNION PAYS A RETIREMENT BENEFIT TO THE EXECUTIVE IF CERTAIN REQUIREMENTS ARE MET. THE RETIREMENT BENEFIT IS TREATED AS ANNUAL COMPENSATION, WHICH IS SUBJECT TO INCOME TAX AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II. THE ANNUAL AMOUNT PAID IN 2012 IS $131,802. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER PROGRAM SERVICES | FORM 990, PART III, LINE 4D | FINANCIAL PLANNING SERVICES, INSURANCE PRODUCTS AND THE PARTICIPATION IN MANY COMMUNITY-RELATED EVENTS AND SUPPORT OF NON-PROFIT ORGANIZATIONS. |
| Classes of members or stockholders | Form 990, Part VI, Section A, Line 6 | THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. |
| Members or stockholders electing members of governing body | Form 990, Part VI, Section A, Line 7a | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. |
| Decisions requiring approval by members or stockholders | Form 990, Part VI, Section A, Line 7b | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | PREPARATION OF THE FORM 990 IS COORDINATED THROUGH THE COMPANY'S FINANCE DEPARTMENT AND TAX PREPARER. INFORMATION IS REQUESTED FROM AND GATHERED BY SEVERAL FUNCTIONAL AREAS AND EXECUTIVE MANAGEMENT TO ASSIST IN THE COMPLETION OF THE FORM. THROUGHOUT THE PROCESS, QUESTIONS ARE DISCUSSED WITH THE TAX PREPARER AND RESOLUTIONS ARE INCORPORATED INTO THE RETURN AS APPROPRIATE. ONCE COMPLETED, EXECUTIVE MANAGEMENT REVIEWS THE FORM FOR ACCURACY AND REASONABLENESS. THE COMPLETED FORM IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. ANY QUESTIONS OR ISSUES RAISED BY THE BOARD ARE ADDRESSED AND APPROVED PRIOR TO SUBMISSION TO THE IRS. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | ANY INSTANCES OF A CONFLICT OF INTEREST THAT MANAGEMENT BECOMES AWARE OF IS ESCALATED TO THE SVP OF HUMAN RESOURCES, THE CEO AND/OR PRESIDENT. AN INVESTIGATION WOULD BE CONDUCTED TO GATHER ALL THE FACTS. THOSE FACTS WOULD BE USED TO DETERMINE THE APPROPRIATE ACTIONS THAT ARE WARRANTED. SAFE ALSO HAS A FORMAL PROCEDURE THAT PROVIDES EMPLOYEES OF SAFE A MEANS OF REPORTING ANY COMPLAINT OR INAPPROPRIATE ACTIVITIES DIRECTLY TO THE SUPERVISORY COMMITTEE OR DIRECTLY TO OUR REGULATOR, THE CALIFORNIA DEPARTMENT OF FINANCIAL INSTITUTIONS. LASTLY, SAFE'S INTERNAL CONTROL STRUCTURE IS DOCUMENTED, REVIEWED AN UPDATED ANNUALLY BY MANAGEMENT AND TESTED BY ITS EXTERNAL AUDITORS. INTERNAL CONTROLS ARE A VITAL PART OF HELPING TO DETECT CONFLICTS OR INAPPROPRIATE ACTIVITY WITHIN THE ORGANIZATION. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | IN 2011, A COMPREHENSIVE COMPENSATION STUDY WAS CONDUCTED WITH A COMPENSATION CONSULTANT ALONG WITH COMPENSATION SOFTWARE CONTAINING DATA FROM MULTIPLE MARKET SURVEYS. IN ADDITION, EACH YEAR OUR COMPENSATION RANGES ARE UPDATED WITH CURRENT MARKET DATA BASED ON POSITIONS AND GRADES AND ADJUSTMENTS ARE MADE AS NEEDED. THIS PROCESS AFFECTS ALL LEVELS OF THE ORGANIZATION. FOR THE CEO POSITION, ADDITIONAL EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. |
| Process used to establish compensation of other officers/key employees | Form 990, Part VI, Section B, Line 15b | IN 2011, A COMPREHENSIVE COMPENSATION STUDY WAS CONDUCTED WITH A COMPENSATION CONSULTANT ALONG WITH COMPENSATION SOFTWARE CONTAINING DATA FROM MULTIPLE MARKET SURVEYS. IN ADDITION, EACH YEAR OUR COMPENSATION RANGES ARE UPDATED WITH CURRENT MARKET DATA BASED ON POSITIONS AND GRADES AND ADJUSTMENTS ARE MADE AS NEEDED. THIS PROCESS AFFECTS ALL LEVELS OF THE ORGANIZATION. FOR THE CEO POSITION, ADDITIONAL EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. ANNUAL REPORTS CONTAINING FINANCIAL RESULTS FOR THE LAST TWO FISCAL YEARS ARE PROVIDED AT ANNUAL MEETINGS AND ARE AVAILABLE ELECTRONICALLY ON SAFE'S WEBSITE. COMPLETE AUDITED FINANCIAL STATEMENTS ARE ALSO PROVIDED ON THE COMPANY'S WEBSITE ANNUALLY. LASTLY, SAFE'S REGULATORY 5300 CALL REPORTS ARE FILED QUARTERLY AND ARE AVAILABLE TO THE PUBLIC VIA NCUA'S WEBSITE. |
Comments