ONPOINT COMMUNITY CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ONPOINT COMMUNITY CREDIT UNION (EIN 93-0257765)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201343189349307614
- 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 | 2013-11-14T18:01:51-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 S FLOWER STREET 41ST FLOOR | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | 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 | 930257765 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONPOINT COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ONPO | NameControl |
| Phone | 5032731764 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 972083750 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES HUNT | Name |
| Title | SVP/CHIEF FINANCIAL OFFICER | Title |
| Phone | 5032731764 | Phone |
| Date Signed | 2013-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTOPHER M PEKULA | Name |
| PTIN | P00734965 | PTIN |
| Phone | 2133304800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT STUART | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 972083750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 148228160 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ONPOINTCU.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1932 | YearFormation |
| State Legal Domicile | OR | StateLegalDomicile |
| Activity Or Mission Description | PROMOTE THE FINANCIAL WELL-BEING OF CREDIT UNION MEMBERS THROUGH FINANCIAL PRODUCTS AND SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 578 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 2334858 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1688357 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 127961919 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 132268125 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 12725951 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11058035 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 140687870 | TotalRevenuePriorYear |
| Total Revenue Current Year | 143326160 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 20827200 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 15365483 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 37834441 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 42944247 | 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 | 57783933 | OtherExpensePriorYear |
| Other Expenses Current Year | 56162045 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 116455574 | TotalExpensesPriorYear |
| Total Expenses Current Year | 114481775 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 24232296 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 28844385 | RevenuesLessExpensesCY |
| Total Assets BOY | 3031046359 | TotalAssetsBOY |
| Total Assets EOY | 3189801202 | TotalAssetsEOY |
| Total Liabilities BOY | 2727649439 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2856565373 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 303396920 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 333235829 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PURPOSE OF ONPOINT IS TO PROMOTE THE FINANCIAL WELL-BEING OF OUR MEMBERS BY BEING THE PREFERRED PROVIDER OF CONSUMER PRODUCTS AND SERVICES AND TO ENSURE THE SAFETY AND SOUNDNESS OF OUR CREDIT UNION. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | IN 2012 MEMBERSHIP IN THE CREDIT UNION GREW TO 248,750 MEMBERS. ONPOINT COMMUNITY CREDIT UNION PROVIDED THE MEMBERSHIP WITH FINANCIAL SERVICES WHICH INCLUDES 145,897 LOANS AND 545,853 DEPOSIT ACCOUNTS TO MEMBERS AT COMPETITIVE RATES. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 1 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 51589 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 578 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | 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 | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA HEATH CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5032213880 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2701 NW VAUGHN ST SUITE 800 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 97210 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| M SCALLY | |||||||||
| DIRECTOR | 4.00 | X | 1803 | 0 | 0 | ||||
| W PEDERSON | |||||||||
| BOD VICE CHAIR | 8.00 | X | 0 | 0 | 0 | X | |||
| C HARMS | |||||||||
| DIRECTOR | 4.00 | X | 2703 | 0 | 0 | ||||
| K MORRIS | |||||||||
| BOD SECRETARY | 4.00 | X | 1238 | 0 | 0 | X | |||
| L JOHNSON | |||||||||
| DIRECTOR | 4.00 | X | 2080 | 0 | 0 | ||||
| S NICHOLSON | |||||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||||
| L SCHULWITZ | |||||||||
| BOD CHAIR | 8.00 | X | 0 | 0 | 0 | X | |||
| S GOLDSCHMIDT | |||||||||
| DIRECTOR | 4.00 | X | 1555 | 0 | 0 | ||||
| T TSURUTA | |||||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | ||||
| R STUART | |||||||||
| PRESIDENT | 50.00 | 2609679 | 0 | 188565 | X | ||||
| J HUNT | |||||||||
| SVP/CHIEF FINANCIAL OFFICER | 45.00 | 645948 | 0 | 331738 | X | ||||
| G LAWRENCE | |||||||||
| SVP/CHIEF RISK OFFICER | 45.00 | 928587 | 0 | 23191 | X | ||||
| J ARMSTRONG | |||||||||
| SVP/HUMAN RESOURCES | 45.00 | 806647 | 0 | 317664 | X | ||||
| T MCVAY | |||||||||
| SVP/RETAIL DELIVERY | 45.00 | 959011 | 0 | 396186 | X | ||||
| K SCHRADER | |||||||||
| SVP/COO/RISK OFFICER | 45.00 | 861248 | 0 | 326361 | X | ||||
| V ERVIN | |||||||||
| VP/COMPLIANCE | 45.00 | 415831 | 0 | 93783 | X | ||||
| C MILAM | |||||||||
| VP/MEMBER SERVICES | 45.00 | 398712 | 0 | 161317 | X | ||||
| E PRATT | |||||||||
| VP/BRANCH MANAGER | 45.00 | 414753 | 0 | 74272 | X | ||||
| A EMERSON | |||||||||
| ONPOINT MORTGAGE MANAGER | 45.00 | 228172 | 0 | 29845 | X | ||||
| M MONTGOMERY | |||||||||
| MORTGAGE LOAN OFFICER | 45.00 | 232914 | 0 | 35611 | X | ||||
| F NAMDAR | |||||||||
| SVP/CHIEF RISK OFFICER - FORMER | 40.00 | 163000 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 8673881 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1978533 | TotalOtherCompensation |
| Number Individuals GT100 K | 51 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| DIEBOLD GLOBAL FINANCE CORPORATION | |||||
| PO BOX 643955 | PITTSBURGH | PA | 152644399 | ATM SERVICE/SUPPORT | 4107463 |
| PROVIDENCE HEALTH PLANS OF OREGON | |||||
| PO BOX 5728 | PORTLAND | OR | 972285728 | EMPLOYEE HEALTH INSURANCE | 3847178 |
| WEBER MARKETING GROUP | |||||
| 225 TERRY AVE N SUITE 400 | SEATTLE | WA | 98109 | MRKTNG/PROMOTIONAL | 3532576 |
| INTUIT FINANCIAL SERVICES | |||||
| PO BOX 515306 | LOS ANGELES | CA | 900516606 | ONLINE BANKING SERVICES | 2613002 |
| P&C CONSTRUCTION CO | |||||
| PO BOX 410 | GRESHAM | OR | 970300083 | CONSTRUCTION COMPANY | 2309574 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 56 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST MEMBER LOANS | 522100 | 89177318 | 89177318 | |
| INTERCHANGE INCOME | 522100 | 16640215 | 16640215 | |
| OTHER OPERATING INCOME | 522100 | 15378578 | 13245160 | 2133418 |
| SERVICE FEES | 522100 | 11072014 | 10870574 | 201440 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 132268125 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12052701 | TotalRevenueColumn |
| Exclusion | $12,052,701 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1412023 | Securities |
| Other | 2495311 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2617560 | Securities |
| Other | 2284440 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1205537 | Securities |
| Other | 210871 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -994666 | TotalRevenueColumn |
| Exclusion | -$994,666 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 143326160 | TotalRevenueColumn |
| Related Or Exempt Function Income | 129933267 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2334858 | UnrelatedBusinessRevenue |
| Exclusion | $11,058,035 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10000 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15365483 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7646954 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23999573 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2633536 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5864133 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2800051 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 508692 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131016 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12774126 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5784056 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6848903 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4574225 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5069127 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 352326 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307137 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1272395 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2178407 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 495710 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 9062338 |
| OTHER EXPENSES | 3476668 |
| TCCUSF ASSESSMENT | 2631289 |
| LOAN PREPAYMENT PENALTY | 695630 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114481775 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135558026 | BOY |
| EOY | 105296862 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74834832 | BOY |
| EOY | 76672595 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8008838 | BOY |
| EOY | 7918488 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1869629022 | BOY |
| EOY | 1912626711 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2123366 | BOY |
| EOY | 2177932 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34251839 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25860242 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5495082 | BOY |
| EOY | 8391597 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 842780057 | BOY |
| EOY | 1018922622 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36464645 | BOY |
| EOY | 43733285 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56152491 | BOY |
| EOY | 14061110 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3031046359 | BOY |
| EOY | 3189801202 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38289061 | BOY |
| EOY | 36987985 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212004 | BOY |
| EOY | 199260 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 662661 | BOY |
| EOY | 802341 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2688485713 | BOY |
| EOY | 2818575787 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2727649439 | BOY |
| EOY | 2856565373 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303396920 | BOY |
| EOY | 333235829 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303396920 | BOY |
| EOY | 333235829 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3031046359 | BOY |
| EOY | 3189801202 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 28844385 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 994524 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 25000 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Of Internal Funds Contributed | 25000 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 25000 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | 1 | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs
Name Of527 Organization NameOf527Organization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CU LEGISLATIVE ACTION FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8205 SW CREEKSIDE PL SUITE 220 | AddressLine1 |
| City | BEAVERTON | City |
| State | OR | State |
| ZIP Code | 97008 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930953356 | EIN |
| Amt Pd From Internal Funds | 25000 | AmtPdFromInternalFunds |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: | Identifier |
| Return Reference | PART I-A, LINE 1: | ReturnReference |
| Explanation | THE CONTRIBUTION WAS TO THE CREDIT UNION LEGISLATIVE ACTION FUND, WHICH ENHANCES CREDIT UNIONS' VISIBILITY AMONG LAWMAKERS AND BUILDS STRONG POLITICAL RELATIONSHIPS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1261003 | OtherCostOrOtherBasis |
| Book Value | 1261003 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4254601 | OtherCostOrOtherBasis |
| Depreciation | 1680722 | Depreciation |
| Book Value | 2573879 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11683342 | OtherCostOrOtherBasis |
| Depreciation | 10205240 | Depreciation |
| Book Value | 1478102 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17052893 | OtherCostOrOtherBasis |
| Depreciation | 13974280 | Depreciation |
| Book Value | 3078613 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8391597 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SAVINGS | $351,843,985 |
| CHECKING | $509,718,078 |
| MONEY MARKET ACCOUNTS | $1,076,909,185 |
| INDIVIDUAL RETIREMENT ACCOUNTS (IRA) | $228,799,788 |
| CERTIFICATES OF DEPOSIT | $651,304,751 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2818575787 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 142974826 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 344296 | NetUnrealizedGainsInvestments |
| Other Revenues | -695630 | OtherRevenues |
| Revenue Not Rptd F990 | -351334 | RevenueNotRptdF990 |
| Revenue Subtotal | 143326160 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 143326160 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 113786145 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 113786145 | ExpensesSubtotal |
| Other Expenses Not Included | 695630 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 695630 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 114481775 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | THE FUNDS ONPOINT COLLECTS FOR TAXES AND INSURANCE ON BEHALF OF ITS MEMBERS ARE HELD IN AN ESCROW ACCOUNT AND INCLUDED WITHIN THE BALANCE SHEET. | |
| PART X, LINE 2: | FASB CODIFICATION TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE 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 TO BE 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 YEAR ENDED DECEMBER 31, 2012, MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| LOSS ON EXTINGUISHMENT OF DEBT -695,630. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| LOSS ON EXTINGUISHMENT OF DEBT 695,630. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DE LA SALLE NORTH CATHOLIC HIGH SCHOOL | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7528 N FENWICK AVENUE | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 97217 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 931287554 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Purpose Of Grant | SCHOLARSHIP | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE RECIPIENT(S) OF THE ANNUAL CLIFFORD C. DIAS LEADERSHIP SCHOLARSHIP ARE SELECTED BY MR. DIAS AND APPROVED BY THE BOARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| TitleTitle | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R STUART | ||||||||||||||
| PRESIDENT | 576800 | 0 | 390087 | 0 | 1642792 | 0 | 181035 | 0 | 7530 | 0 | 2798244 | 0 | 1000000 | 0 |
| J HUNT | ||||||||||||||
| SVP/CHIEF FINANCIAL OFFICER | 255727 | 0 | 274485 | 0 | 115736 | 0 | 315433 | 0 | 16305 | 0 | 977686 | 0 | 100000 | 0 |
| G LAWRENCE | ||||||||||||||
| SVP/CHIEF RISK OFFICER | 76626 | 0 | 123537 | 0 | 728424 | 0 | 19426 | 0 | 3765 | 0 | 951778 | 0 | 625077 | 0 |
| J ARMSTRONG | ||||||||||||||
| SVP/HUMAN RESOURCES | 217500 | 0 | 224835 | 0 | 364312 | 0 | 301359 | 0 | 16305 | 0 | 1124311 | 0 | 350000 | 0 |
| T MCVAY | ||||||||||||||
| SVP/RETAIL DELIVERY | 278512 | 0 | 300599 | 0 | 379900 | 0 | 379881 | 0 | 16305 | 0 | 1355197 | 0 | 350000 | 0 |
| K SCHRADER | ||||||||||||||
| SVP/COO/RISK OFFICER | 245833 | 0 | 245085 | 0 | 370330 | 0 | 318831 | 0 | 7530 | 0 | 1187609 | 0 | 350000 | 0 |
| V ERVIN | ||||||||||||||
| VP/COMPLIANCE | 116210 | 0 | 48297 | 0 | 251324 | 0 | 84864 | 0 | 8919 | 0 | 509614 | 0 | 192033 | 0 |
| C MILAM | ||||||||||||||
| VP/MEMBER SERVICES | 105893 | 0 | 38572 | 0 | 254247 | 0 | 145338 | 0 | 15979 | 0 | 560029 | 0 | 250000 | 0 |
| E PRATT | ||||||||||||||
| VP/BRANCH MANAGER | 100220 | 0 | 52223 | 0 | 262310 | 0 | 61879 | 0 | 12393 | 0 | 489025 | 0 | 262000 | 0 |
| A EMERSON | ||||||||||||||
| ONPOINT MORTGAGE MANAGER | 64863 | 0 | 161770 | 0 | 1539 | 0 | 22315 | 0 | 7530 | 0 | 258017 | 0 | 0 | 0 |
| M MONTGOMERY | ||||||||||||||
| MORTGAGE LOAN OFFICER | 0 | 0 | 232179 | 0 | 735 | 0 | 23218 | 0 | 12393 | 0 | 268525 | 0 | 0 | 0 |
| F NAMDAR | ||||||||||||||
| SVP/CHIEF RISK OFFICER - FORMER | 0 | 0 | 0 | 0 | 163000 | 0 | 0 | 0 | 0 | 0 | 163000 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL - PRESIDENT/CEO, ALL BOD (10 PEOPLE); NOT TAXABLE TO INDIVIDUALS. TRAVEL FOR COMPANIONS - ALL BOD (9 PEOPLE); TAXABLE TO INDIVIDUALS. TAX INDEMNIFICATION AND GROSS-UP - ALL NON-VOLUNTEERS LISTED; TAXABLE TO INDIVIDUALS. HEALTH AND SOCIAL CLUBS - PRESIDENT/CEO; TAXABLE TO INDIVIDUALS. PERSONAL SERVICES - PRESIDENT/CEO AND SELECT SENIOR EXECUTIVES (5 PEOPLE); TAXABLE TO INDIVIDUALS. | |
| PART I, LINES 4A-B | SEVERANCE PAYMENT - F. NAMDAR $163,000 NONQUALIFIED RETIREMENT PLAN PAYOUT RECIPIENTS R. STUART - $1,485,666 J. HUNT - $100,000 G. LAWRENCE - $700,313 V. ERVIN - $250,000 J. ARMSTRONG - $350,000 T. MCVAY - $350,000 K. SCHRADER - $350,000 C. MILAM - $250,000 E. PRATT - $262,000 PLAN TERMS AND CONDITIONS: THE CEO AND CERTAIN OTHER EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN (PER INTERNAL REVENUE CODE SEC. 457(F)). IN GENERAL, CONTRIBUTIONS ARE MADE TO THE PLAN EACH YEAR AS A PERCENTAGE OF SALARY AND A PERCENTAGE OF BONUS EARNED FOR THE YEAR. FOR ALL PARTICIPANTS, OTHER THAN THE CEO, AN INTEREST CREDIT RATE IS APPLIED TO EACH PARTICIPANTS BALANCE ANNUALLY. THE CEO'S PLAN BALANCE IS INVESTED SEPARATELY AND REVIEWED ON A PERIODIC BASIS BY AN OVERSIGHT COMMITTEE. THERE ARE CONTRACTUAL FIXED DOLLAR PAYOUTS WITH EACH INDIVIDUAL AFTER DEFINED NUMBER OF YEARS OF SERVICE. THE REMAINING BALANCE IN EACH PARTICIPANT'S PLAN IS PAID TO THE INDIVIDUAL AT THE END OF THEIR RESPECTIVE DEFINED PLAN AFTER ALL PLAN REQUIREMENTS ARE MET. | |
| PART III | FORM 990, SCHEDULE J, PART II, COLUMN E: COLUMN E INCLUDES BOTH THE 2012 SEC. 457(F) RETIREMENT PLAN DEFERRAL (REPORTED IN COLUMN C) AND THE 2012 PAYOUT RELATED TO PRIOR YEAR SEC. 457(F) DEFERRALS (REPORTED IN COLUMN B(III)), THUS RESULTING IN A DOUBLE COUNTING OF SEC. 457(F) RETIREMENT PLAN INCOME, WHICH IS INCURRED AND REFLECTED IN YEARS WHERE PAYMENTS ARE DISBURSED. IN ADDITION, BONUSES WERE ACCELERATED FROM FEBRUARY 2013 TO DECEMBER 2012 FOR J. ARMSTRONG, J. HUNT, T. MCVAY, K. SCHRADER. AFTER THESE ADJUSTMENTS, TOTAL ACTUAL COMPENSATION FOR THESE EXECUTIVES WAS: R. STUART - $1,798,244 J. HUNT - $749,562 G. LAWRENCE - $326,700 J. ARMSTRONG -$664,310 T. MCVAY - $865,940 K. SCHRADER - $712,608 C. MILAM - $310,029 V. ERVIN - $317,582 E. PRATT- $227,025 FORM 990, SCHEDULE J, PART II, COLUMN F: THE COMPENSATION REPORTED UNDER COLUMN F INCLUDES SEC. 457(F) NON-QUALIFIED RETIREMENT PLAN COMPENSATION THAT WAS DEFERRED IN PRIOR YEARS AND PAID OUT IN 2012. THESE AMOUNTS WERE INCLUDED AS EXPENSES OF THE ORGANIZATION IN PRIOR YEARS' RETURNS. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | IN 2012, ONPOINT ADDED ADDITIONAL BRANCHES AND IMPROVED ONLINE ACCESS TOOLS FOR MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 6 | ONPOINT COMMUNITY CREDIT UNION IS A NATURAL PERSON CREDIT UNION, OWNED BY ITS MEMBERS. AT 12/31/2012, THERE WERE 248,750 MEMBERS IN THE CREDIT UNION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS FROM A POOL OF CANDIDATES AT THE ANNUAL MEETING. BOARD POSITIONS HAVE STAGGERED RENEWAL DATES IN THREE YEAR TERMS. | |
| 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. | |
| FORM 990, PART VI, SECTION B, LINE 11 | INFORMATION FOR THE COMPLETION OF THE TAX RETURN WAS GATHERED BY THE CREDIT UNION'S ACCOUNTING DEPARTMENT. THE ACCOUNTING FIRM, MCGLADREY LLP, PREPARED THE TAX RETURN AND IT WAS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING BY MCGLADREY LLP. | |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING OF THE CONFLICT OF INTEREST POLICY IS CONDUCTED THROUGH AN ANNUAL POLICY REVIEW. STAFF MEMBERS ARE REQUIRED EACH YEAR TO REVIEW, READ, AND SIGN THE CONFLICTS OF INTEREST POLICY. BOARD OF DIRECTORS ANNUALLY ADOPT THE BOARD GOVERNANCE MANUAL, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. AT THE POINT OF A POTENTIAL CONFLICT FOR A BOARD MEMBER, A PEER REVIEW IS CONDUCTED. ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS AND STAFF IS BASED ON A REVIEW OF POTENTIAL CONFLICTS AND, IF A CONFLICT EXISTS APPROPRIATE MEDIATION OCCURS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS CONTROLS ALL COMPENSATION OR BENEFIT CHANGES THAT WOULD AFFECT THE PRESIDENT/CEO. ALL CHANGES TO THE PRESIDENT/CEO'S COMPENSATION AND BENEFITS ARE GOVERNED BY AN EMPLOYMENT CONTRACT AND ANY AMENDMENTS TO THE CONTRACT. THE COMPENSATION COMMITTEE REVIEWS THE PRESIDENT/CEO'S COMPENSATION PACKAGE EACH YEAR. THE SALARY SCHEDULE AND BENEFITS PROGRAMS FOR THE PRESIDENT/ CEO AND THE EXECUTIVE TEAM ARE TIED TO GEOGRAPHIC STUDIES OF SALARIES AND BENEFITS PERFORMED BY PROFESSIONAL ORGANIZATIONS WITH EXPERTISE IN THE AREA OF COMPENSATION. THESE INCLUDED THE CARDWELL CONSULTING 2012 TOP CEO TOTAL COMPENSATION SURVEY REPORT, THE MERCER SENIOR EXECUTIVE REMUNERATION REVIEW, THE 2012 MILLIMAN FINANCIAL INDUSTRY SURVEY, THE 2012 HUDSON VALLEY SPONSORED EXECUTIVE COMPENSATION SURVEY, THE EXECUTIVE COMP SOLUTIONS EXECUTIVE 2012 EMPLOYEE AND EXECUTIVE COMPENSATION AND BENEFITS SURVEY FOR THE CREDIT UNION MOVEMENT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON WRITTEN REQUEST. | |
| OTHER FEES | FORM 990, PART IX, LINE 11G | COLLECTION SERVICES: TOTAL EXPENSES 250,767. COLLECTION SERVICES - OREO: TOTAL EXPENSES 351,267. OTHER BUSINES LOAN FEES: TOTAL EXPENSES 749,092. 24 HR LOAN APP. PROCESSING SERVICES: TOTAL EXPENSES 250,440. VISA DEBIT CARD PROGRAM SERVICES: TOTAL EXPENSES 2,683,052. VISA CREDIT CARD PROGRAM SERVICES: TOTAL EXPENSES 2,147,692. VISA GIFT CARD PROGRAM SERVICES: TOTAL EXPENSES 13,843. ATM/POS CARD PROGRAM SERVICES: TOTAL EXPENSES 3,754,958. OUTSIDE PROFESSIONAL SERVICES: TOTAL EXPENSES 2,573,015. |
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