2012-08-25T11:37:23-00:00 2011-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2011-01-01 860098350 ARIZONA CENTRAL CREDIT UNION ARIZ 6022646421 2020 N CENTRAL AVENUE Room No 1200 PHOENIX AZ 85004 T PEARSON 2012-08-24 true DOUGLAS ORTH 3052328272 2011 2016-02-24 21:20:13Z TODD A PEARSON 2020 N CENTRAL AVENUE PHOENIX AZ 85004 28911453 false 2111 X WWW.AZCENTRALCU.ORG X CREDIT UNION 1939 AZ CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 6 6 232 10 61599 -106408 0 22119230 18922788 2732257 2099072 6082866 4843924 30934353 25865784 0 0 8554001 7839779 0 0 22086060 17125479 30640061 24965258 294292 900526 404671302 395543331 375645281 364984518 29026021 30558813 CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. false false THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER LOANS, SHARE CERTIFICATES AND OTHER EXEMPT FUNCTION ACTIVITIES TO ITS MEMBERS. false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 11691 0 true 232 true true true false false false false false X 6 6 false false false false true true true true true false false false true true true false true true true false X JOHN D WRIGHT 6025238253 2020 N CENTRAL AVENUE SUITE 1200 PHOENIX AZ 85004 R WOLPERT 001.00 X 0 0 0 B RACZYNSKI 001.00 X 0 0 0 L PFEIFFER 001.00 X 0 0 0 K SHANAHAN 001.00 X 0 0 0 J RIDDLE 001.00 X 0 0 0 T DWYER 001.00 X 0 0 0 T PEARSON 040.00 X 229521 0 18194 A JONES 040.00 X 124017 0 25106 J WRIGHT 040.00 X 129602 0 5331 483140 48631 3 false true false UNITED HEALTHCARE INSURANCE COMPANY 22561 NETWORK PLACE CHICAGO IL 60673 HEALTH INSURANCE 938442 DIGITAL INSIGHT PO BOX 515306 LOS ANGELES CA 90051 SYSTEMS SUPPORT 445465 XP SYSTEMS 75 REMITTANCE DR SUITE 6963 CHICAGO IL 60675 SYSTEMS SUPPORT 345073 CENTURY LINK PO BOX 29040 PHOENIX AZ 85038 TELEPHONE SERVICE 338939 RND STRATEGIC MARKETING 2020 N CENTRAL AVE SUITE 1060 PHOENIX AZ 85004 MARKETIN 263928 11 INTEREST ON LOANS 522100 14372755 14372755 FEES SERVICE CHARGES 522100 4488434 4488434 UNRELATED BUSINESS INCOME 900099 61599 61599 18922788 1926034 1926034 2173284 2173284 2173284 2173284 3218707 3045669 173038 173038 MISCELLANEOUS INCOME 522100 2670640 2670640 2670640 25865784 25631147 61599 0 0 0 0 531771 531771 0 5872393 5872393 96295 96295 838322 838322 500998 500998 0 115914 115914 53553 53553 0 0 227312 227312 735352 735352 2598436 2598436 1273727 1273727 0 2198586 2198586 21122 21122 0 44676 44676 1276598 1276598 0 1750588 1750588 206746 206746 SEE SCHEDULE ATTACHED 6622869 6622869 0 24965258 24965258 4867865 4714026 103974200 86449062 1119942 1346156 217505456 187005643 998132 974580 46263692 17328711 29854682 28934981 39087734 74979538 1657425 3662264 5605866 7477081 404671302 395543331 3758751 4614116 371886530 360370402 375645281 364984518 X 29026021 30558813 29026021 30558813 404671302 395543331 X 900526 632266 X false true true X false false 6208591 6208591 29804798 8037182 21767616 538596 522910 15686 9711707 8768619 943088 28934981 SHARE DRAFTS 53285817 SHARES 91161434 MONEY MARKET 109946592 IRA SHARES 11928493 BUSINESS 12199856 SHARE AND IRA CERTIFICATES 81848210 360370402 25865784 24965258 900526 584403 47863 632266 1532792 25865784 25865784 25865784 24965258 24965258 24965258 X 2 FASB ASC 740-10-25 CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. AS A RESULT OF ADOPTING ASC 740-10-25, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND X 2 continued... ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2010, 2009, AND 2008 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. X 2 continued... THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. XI 4 NET PENSION GAINS X X false false false T PEARSON 229521 18194 247715 Form 990 Part VI 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI 7A THE CREDIT UNION FIELD OF MEMBERSHIP HAS AUTHORITY TO ELECT AND RE-ELECT EVERY TWO YEARS THE BOARD OF DIRECTORS AND THE MEMBERS OF THE SUPERVISORY COMMITTEE. Form 990 Part VI 11 THE FORM 990 IS REVIEWED BY THE CFO. Form 990 Part VI 12C VOLUNTEERS MUST DISCLOSE TO THE BOARD OF DIRECTORS ANNUALLY ANY INVOLVEMENT WITH ORGANIZATIONS WHICH DO BUSINESS WITH THE CREDIT UNION. Form 990 Part VI 15 THE COMPENSATION COMMITTEE GATHERS DATA FROM OUTSIDE SOURCES AND REVIEWS SURVEY AND OTHER DATA. Form 990 Part VI 19 AVAILABLE UPON REQUEST. Form 990 Part XI 5 UNREALIZED HOLDING GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE IN THE AMOUNT OF 584,403 PLUS NET PENSION GAINS IN THE AMOUNT OF 47,863. Form 990 Part VI 7B IN 2011 THERE WERE NO NEW ELECTED MEMBERS TO THE BOARD OF DIRECTORS HOWEVER, ONE MEMBER, MATTHEW SMITH, DID RESIGN FROM THE BOARD OF DIRECTORS. ON THE SUPERVISORY COMMITTEE, IN THE FIRST QUARTER OF 2011, BOB KIRBY AND STEPHANIE MCQUILLAN WERE ELECTED TO TWO OPEN SEATS. Form 990 Part VI Section A Line 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI Section A Line 7A THE CREDIT UNION FIELD OF MEMBERSHIP HAS AUTHORITY TO ELECT AND RE-ELECT EVERY TWO YEARS THE BOARD OF DIRECTORS AND THE MEMBERS OF THE SUPERVISORY COMMITTEE. Form 990 Part VI Section B Line 11 THE FORM 990 IS REVIEWED BY THE CFO. Form 990 Part VI Section B Line 12C VOLUNTEERS MUST DISCLOSE TO THE BOARD OF DIRECTORS ANNUALLY ANY INVOLVEMENT WITH ORGANIZATIONS WHICH DO BUSINESS WITH THE CREDIT UNION. Form 990 Part VI Section B Line 15 THE COMPENSATION COMMITTEE GATHERS DATA FROM OUTSIDE SOURCES AND REVIEWS SURVEY AND OTHER DATA. Form 990 Part VI Section C Line 19 AVAILABLE UPON REQUEST. Form 990 Part XI Line 5 UNREALIZED HOLDING GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE IN THE AMOUNT OF 584,403 PLUS NET PENSION GAINS IN THE AMOUNT OF 47,863. Form 990 Part VI Section A Line 7B IN 2011 THERE WERE NO NEW ELECTED MEMBERS TO THE BOARD OF DIRECTORS HOWEVER, ONE MEMBER, MATTHEW SMITH, DID RESIGN FROM THE BOARD OF DIRECTORS. ON THE SUPERVISORY COMMITTEE, IN THE FIRST QUARTER OF 2011, BOB KIRBY AND STEPHANIE MCQUILLAN WERE ELECTED TO TWO OPEN SEATS.