2013-08-21T11:20:30-05:00 2012-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2012-01-01 941031345 EDUCATIONAL EMPLOYEES CREDIT UNION EDUC 5594377731 2222 WEST SHAW AVENUE FRESNO CA 93711 ELIZABETH DOOLEY 5594377731 2013-08-12 1 P01054153 8189549700 2012 2016-02-24 21:20:13Z ELIZABETH DOOLEY 2222 WEST SHAW AVENUE FRESNO CA 93711 95418763 0 X WWW.MYEECU.ORG X CREDIT UNION 1934 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 9 9 446 18 747535 -301479 0 0 71700607 69036427 25727076 24062254 0 0 97427683 93098681 362028 494944 0 0 23003011 23877064 0 0 0 53780230 39894276 77145269 64266284 20282414 28832397 1902934649 2034650857 1698740658 1801318599 204193991 233332258 X EDUCATIONAL EMPLOYEES CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, EDUCATIONAL EMPLOYEES CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFIT, OR SERVICE OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH CONSUMER LOANS FROM A BROAD ARRAY OF PRODUCT OFFERINGS, INCLUDING VEHICLE LOANS, CREDIT CARDS AND PERSONAL LINES OF CREDIT. ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH MORTGAGE LOANS, INCLUDING FIRST TRUST DEEDS, SECOND TRUST DEEDS AND HOME EQUITY LINES OF CREDIT. ACHIEVED SATISFACTORY RESULTS IN PROVIDING MEMBERS WITH A BROAD ARRAY OF DEPOSIT PRODUCT OFFERINGS, INCLUDING A HIGH-YIELD CHECKING ACCOUNT PRODUCT AND A PREMIUM-RATE TIERED SAVINGS PRODUCT. 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 49863 0 1 446 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X ELENA MARTIN 5594377733 2222 WEST SHAW AVENUE FRESNO CA 93711 FRANK V POWELL 4.00 X 186 0 0 CLEO BAUER-PAPAGNI 4.00 X 186 0 0 RICK BROWNING 2.00 X 186 0 0 ENRIQUE GUZMAN 2.00 X 186 0 0 BARBARA THOMAS 2.00 X 186 0 0 PAUL HOKOKIAN 2.00 X 186 0 0 CAROL MUNSHOWER 2.00 X 186 0 0 DAVID A ROBERTS 2.00 X 186 0 0 DEREK SCHARTON 2.00 X 186 0 0 DEAN CLARK 2.00 X 186 0 0 WALTER A FRANZELL 2.00 X 186 0 0 DAREL MEHRTEN 2.00 X 186 0 0 TOM BORCHARDT 2.00 X 186 0 0 STEPHEN CORL 2.00 X 186 0 0 WILLIE CLARK 2.00 X 186 0 0 ELIZABETH DOOLEY 60.00 X 538492 0 54149 BEVERLY RYAN 50.00 X 214268 0 13497 DENDA MATTHEWS 50.00 X 228342 0 21540 MARK PEREZ 50.00 X 210624 0 25748 BRADLEY TOWERS 40.00 X 248439 0 22220 THOMAS GRAY 50.00 X 187058 0 30946 DICK ASHJIAN 50.00 X 178046 0 31719 JULIE MATTERN 50.00 X 168848 0 18712 ELENA MARTIN 50.00 X 162254 0 18341 2139161 0 236872 15 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 VISA PROCESSOR 4048096 DIEBOLD PO BOX 643543 PITTSBURGH PA 15264 ATM EQUIPMENT AND MAINTENANCE 1384969 CATALYST (FORMERLY THIELEN IDEACORP) 970 VAN NESS AVENUE FRESNO CA 93721 MARKETING 1365276 VISA USA PO BOX 60000-FILE 2953 SAN FRANCISCO CA 94160 VISA/DEBIT CARD 1183721 DATA STATEMENT 23120 ALICIA PKWY SUITE 200 MISSION VIEJO CA 92692 MEMBER STATEMENTS 1164031 34 INTEREST ON LOANS 522100 45251042 45251042 OTHER OPERATING INCOME 522100 13382559 13009982 372577 FEE INCOME 522100 10402826 10027868 374958 69036427 23929263 23929263 2453073 2320082 132991 132991 132991 93098681 92351146 747535 0 374944 120000 2139161 15108061 1440463 3741687 1447692 121917 340506 1969798 3710234 5629417 1612418 2178439 426364 8823533 2003469 1633273 LOAN SERVICING EXPENSE 5829992 PROV. FOR LOAN LOSSES 5177109 MISC OPERATING EXPENSE 437807 64266284 13010260 14481745 121877628 147096461 1560500 1331008 3414709 3955785 40685685 27452348 13464371 13233337 940300775 1040722063 764989943 773371599 44316463 40458859 1902934649 2034650857 15982260 20349787 1682758398 1780968812 1698740658 1801318599 X 0 0 0 0 204193991 233332258 204193991 233332258 1902934649 2034650857 X 28832397 305870 X X 0 1 X 1 0 10000 10000 10000 1 CCUL PAC 1201 K STREET 1050 SACRAMENTO CA 95814 940357265 10000 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: CONTRIBUTION TO CCUL - PAC 4328636 4328636 8433290 3683635 4749655 10129816 8145677 1984139 17793943 15623036 2170907 13233337 ALL OTHER INVESTMENTS 968668 F LOANS AND LEASES 749985952 F NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 17192351 F DEPOSITS IN COMMERCIAL BANKS 5224628 F 773371599 TOTAL SHARES AND DEPOSITS 1780968812 1780968812 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: FASB ASC TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED, AND PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011, MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. 1 CSU FRESNO FOUNDATION 4910 N CHESTNUT FRESNO CA 93726 946003272 501(C)(3) 26000 FMV PROMOTE EDUCATION OF TEACHERS ACTIVE 20-30 CLUB OF MERCED #53 3144 NORTH G ST STE 125-327 MERCED CA 95340 320148898 501(C)(3) 5500 FMV SUPPORT ACTIVITIES FOR LOCAL YOUTH FRESNO HISTORICAL SOCIETY 7160 W KEARNEY AVE FRESNO CA 93706 941531568 501(C)(3) 16000 FMV PROMOTION OF HISTORY FOUNDATION FOR CLOVIS SCHOOLS 1450 HERNDON AVENUE CLOVIS CA 93611 770140576 501(C)(3) 10000 FMV SUPPORT PROGRAMS OF CLOVIS SCHOOLS SAN JOAQUIN VALLEY TOWN HALL PO BOX 5149 FRESNO CA 93755 941210921 501(C)(3) 10400 FMV SUPPORT SAN JOAQUIN VALLEY EDUCATION PROGRAMS CALIFORNIA CLASSIC WEEKEND 7075 N SHARON AVENUE FRESNO CA 93710 453776425 501(C)(3) 7500 FMV SUPPORT OF COMMUNITY REVITALIZATION AND LOCAL CHARITIES AMERICAN CANCER SOCIETY - FRESNO 2222 W SHAW AVE FRESNO CA 937113204 941170350 501(C)(3) 10652 FMV TREATMENT AND PREVENTION OF CANCER VALLEY PUBLIC TELEVISION 1544 VAN NESS AVE FRESNO CA 93721 770162617 501(C)(3) 9668 FMV SUPPORT PUBLIC TELEVISION CLOVIS RODEO 748 RODEO DRIVE CLOVIS CA 93612 941135185 501(C)(3) 5000 FMV SUPPORT OF LOCAL SCHOOLS, CHARITIES, AND ORGANIZATIONS DINUBA UNIFIED SCHOOL DISTRICT 1327 E EL MONTE WAY DINUBA CA 93618 942911905 501(C)(3) 9500 FMV SUPPORT DINUBA UNIFIED SCHOOL DISTRICT EDUCATION PROGRAMS AMERICAN RED CROSS 2002 N FINE AVENUE FRESNO CA 93727 942240541 501(C)(3) 11043 FMV LOCAL ASSISTANCE WITH DISASTERS MERCED COLLEGE FOUNDATION 3600 M STREET MERCED CA 95348 770362218 501(C)(3) 9200 FMV SUPPORT FOR MERCED COLLEGE PROGRAMS FRESNO ATHLETIC HALL OF FAME 9423 N FORT WASHINGTON 105 FRESNO CA 93730 770111207 501(C)(3) 5000 FMV SUPPORT CENTRAL HIGH SCHOOL PROGRAMS FOUNDATION FOR CENTRAL SCHOOLS 4605 N POLK FRESNO CA 93722 562316616 501(C)(3) 5000 FMV SUPPORT CENTRAL UNIFIED SCHOOL PROGRAMS VALLEY CRIME STOPPERS 7576 N INGRAM FRESNO CA 93711 770329094 501(C)(3) 5000 FMV CRIME PREVENTION FRESNO UNIFIED SCHOOL DISTRICT 2309 TULARE STREET FRESNO CA 93721 946002206 501(C)(3) 5000 FMV SUPPORT FRESNO COUNTY EDUCATION UC REGENTS 5200 LAKE ST MERCED CA 95343 270093858 501(C)(3) 8781 FMV PROMOTION OF UC MERCED CAMPUS PROGRAMS CALIFORNIA OPERA 41885 YOSEMITE PINES DR OAKHURST CA 93644 263671215 501(C)(3) 5000 FMV PROMOTION OF OPERA FRESNO COMMUNITY FOOD BANK 3403 E CENTRAL AVENUE FRESNO CA 93725 770320851 501(C)(3) 5000 FMV PROVIDE SUPPORT TO FAMILIES IN NEED FCOE 1111 VAN NESS AVE FRESNO CA 93721 946002210 501(C)(3) 15000 FMV SUPPORT EDUCATION FRESNO PHILHARMONIC 2377 W SHAW AVE FRESNO CA 93711 941309738 501(C)(3) 5000 FMV SUPPORT COMMUNITY ACITIVITIES FRESNO REGIONAL FOUNDATION 5250 N PALM AVE 424 FRESNO CA 93704 770478025 501(C)(3) 15000 FMV SUPPORT FOR INVESTMENT AND LOCAL CONTROL OF PHILANTHROPIC RESOURCES TWO CITIES MARATHON 7 RIVER PARK PLACE FRESNO CA 93720 770501783 501(C)(3) 5000 FMV PROMOTE LONG DISTANCE RUNNING AND HEALTH AND WELLNESS EDUCATION FRESNO FAIR 1121 S CHANCE AVENUE FRESNO CA 93702 946001554 501(C)(3) 17000 FMV SUPPORT COMMUNITY ACITIVITIES FRESNO FIRST STEPS HOME 2600 FRESNO STREET FRESNO CA 93721 272531998 501(C)(3) 5000 FMV SUPPORT FOR HOMELESS FRESNO VETERANS DAY PARADE 4877 E NORWICH AVE FRESNO CA 93726 711020791 501(C)(3) 5000 FMV SUPPORT FOR COMMUNITY ACTIVITIES KINGSBURG JOINT UNION SCHOOL DISTRICT 1900 18TH AVENUE KINGSBURG CA 93631 770559683 501(C)(3) 10000 FMV SUPPORT KINGSBURG JOINT UNION SCHOOL DISTRICT EDUCATION PROGRAMS MADERA COUNTY OFFICE OF EDUCATION 1105 SOUTH MADERA AVE MADERA CA 93637 946002320 501(C)(3) 36719 FMV SUPPORT MADERA COUNTY EDUCATION PROGRAMS MARCH OF DIMES 1530 E SHAW SUITE 102 FRESNO CA 93710 131846366 501(C)(3) 22285 FMV SUPPORT FOR HEALTH AND WELLNESS MERCED COUNTY OFFICE OF EDUCATION 632 W 13TH STREET MERCED CA 95341 946002379 501(C)(3) 17113 FMV SUPPORT MERCED COUNTY EDUCATION PROGRAMS SAM ACADEMY ON WHEELS 1231 S WAVERLY LANE FRESNO CA 93727 453484626 501(C)(3) 5000 FMV SUPPORT FOR SCIENCE AND ARTS SAINT AGNES FOUNDATION 1111 E SPRUCE AVE FRESNO CA 93720 941437713 501(C)(3) 12000 FMV SUPPORT FOR CHILDCARE AND WELLNESS UNITED WAY FRESNO COUNTY 4949 KINGS CANYON RD FRESNO CA 93727 941156514 501(C)(3) 5682 FMV SUPPORT FOR HEALTH AND WELLNESS VISALIA RAWHIDE 300 N GIDDINGS ST VISALIA CA 93291 954026458 501(C)(3) 5000 FMV SUPPORT FOR READING PROGRAM WHCC FOUNDATION 9900 CODY AVENUE COALINGA CA 93210 770186793 501(C)(3) 10000 FMV SUPPORT FOR EDUCATION YOUTH ORCHESTRAS OF FRESNO 444 W SHAW AVENUE FRESNO CA 93704 770410410 501(C)(3) 5000 SUPPORT FOR COMMUNITY ACTIVITIES EDUCATIONAL GRANTS 60 120000 SCHEDULE 1, PART 1, LINE 2: ALL RECIPIENTS MUST APPLY FOR THE SCHOLARSHIPS. ONCE AWARDED, STUDENTS MUST PROVIDE PROOF OF ENROLLMENT BEFORE GRANT FUNDS ARE PAID. X 1 1 X X X X 0 0 0 ELIZABETH DOOLEY 453933 0 79980 0 4579 0 32000 0 22149 0 592641 0 0 0 BEVERLY RYAN 203332 0 10200 0 736 0 12860 0 637 0 227765 0 0 0 DENDA MATTHEWS 217356 0 10200 0 786 0 13837 0 7703 0 249882 0 0 0 MARK PEREZ 199688 0 10200 0 736 0 12860 0 12888 0 236372 0 0 0 BRADLEY TOWERS 45832 0 202368 0 239 0 15000 0 7220 0 270659 0 0 0 THOMAS GRAY 176195 0 10200 0 663 0 11523 0 19423 0 218004 0 0 0 DICK ASHJIAN 167208 0 10200 0 638 0 11046 0 20673 0 209765 0 0 0 JULIE MATTERN 158049 0 10200 0 599 0 10309 0 8403 0 187560 0 0 0 ELENA MARTIN 151363 0 10300 0 591 0 9919 0 8422 0 180595 0 0 0 DENDA MATTHEWS PLATINUM VISA X 32500 30410 0 1 1 DENDA MATTHEWS VEHICLE X 45835 17473 0 1 1 DENDA MATTHEWS HELOC X 72000 64731 0 1 1 MARK PEREZ PLATINUM VISA X 35000 35000 0 1 1 BEVERLY RYAN VEHICLE X 25275 24787 0 1 1 BEVERLY RYAN PLATINUM VISA X 35000 711 0 1 1 BEVERLY RYAN 1ST T/D X 335250 305332 0 1 1 THOMAS GRAY PLATINUM VISA X 32500 26992 0 1 1 THOMAS GRAY 1ST T/D X 247000 91304 0 1 1 ELIZABETH DOOLEY 1ST T/D X 417000 352141 0 1 1 ELIZABETH DOOLEY PLATINUM VISA X 35000 4218 0 1 1 JULIE MATTERN PLATINUM VISA X 20500 13610 0 1 1 JULIE MATTERN GOLD VISA X 20500 12888 0 1 1 JULIE MATTERN LOC X 20000 14560 0 1 1 MARK PEREZ GOLD VISA X 25000 14487 0 1 1 MARK PEREZ OD X 1000 171 0 1 1 THOMAS GRAY HELOC X 189000 180788 0 1 1 ELENA MARTIN VEHICLE X 15480 14256 0 1 1 DICK ASHJIAN PLATINUM VISA X 25000 2637 0 1 1 JULIE MATTERN VEHICLE X 32545 32545 0 1 1 ELENA MARTIN 1ST T/D X 96000 91967 0 1 1 1331008 JESSICA MARTIN DEPENDENT OF HIGHLY COMPENSATED EMPLOYEE 2000 EDUCATION DANIEL MARTIN DEPENDENT OF HIGHLY COMPENSATED EMPLOYEE 2000 EDUCATION CADEN GRAY DEPENDENT OF HIGHLY COMPENSATED EMPLOYEE 2000 EDUCATION FORM 990, PART VI, SECTION A, LINE 6 EDUCATIONAL EMPLOYEES CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. EDUCATIONAL EMPLOYEES CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF THE CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY OUR BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE CONTROLLER, CFO AND CEO. ADDITIONALLY THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND EMPLOYEES MUST ANNUALLY ATTEND A CODE OF CONDUCT TRAINING PRESENTATION WHICH INCLUDES CONFLICT OF INTEREST PROVISIONS. THEIR REQUIRED ATTENDANCE IS EVIDENCED THROUGH A SIGNED ACKNOWLEDGEMENT. IN ADDITION, ALL PROSPECTIVE DIRECTORS SIGN AN ADDITIONAL CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HIRES AN INDEPENDENT OUTSIDE FIRM THAT SPECIALIZES IN THIS AREA FOR BOTH THE ANNUAL REVIEW AND SALARY STRUCTURE FOR THE CEO. IN ADDITION THE CREDIT UNION USES THE RESULTS OF SEVERAL SURVEYS IN SETTING THE CEO'S COMPENSATION. FOR THE SVP'S AND ALL OTHER KEY EMPLOYEES SURVEYS ARE CONSULTED WHICH SUPPORT SALARY LEVELS AND DUTIES. ALL EMPLOYEES RECEIVE ANNUAL REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 CERTAIN GOVERNING DOCUMENTS AND POLICIES MAY BE MADE AVAILABLE BY WRITTEN REQUEST THROUGH THE CREDIT UNION'S BOARD APPROVED RECORDS INSPECTION POLICY. FINANCIAL STATEMENTS ARE POSTED AND AVAILABLE TO THE PUBLIC AT EACH CREDIT UNION BRANCH OFFICE ON A MONTHLY BASIS. IN ADDITION, AN ANNUAL REPORT IS MADE AVAILABLE AT THE CREDIT UNION'S ANNUAL MEETING OF MEMBERS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN OTHER COMPREHENSIVE INCOME -2,982,682. CHANGE IN ACCUM. UNREALIZED GAIN/LOSS 2,977,595. EQUITY ACQUIRED IN 2012 MERGER 310,957. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. EDUCATORS FINANCIAL & INSURANCE SERVICES 2222 W SHAW AVENUE FRESNO CA 93711 770244291 DORMANT CORPORATION NOT CURRENTLY CONDUCTING BUSINESS CA EDUCATIONAL EMPLOYEES CREDIT UNION C 5000 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0