IDAHO UNITED CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- IDAHO UNITED CREDIT UNION (EIN 82-0343410)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201233209349309098
- Schema version
- 2011v1.2
- 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 | 2012-11-15T17:57:21-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 877 W MAIN ST STE 800 | AddressLine1 |
| City | BOISE | City |
| State | ID | State |
| ZIP Code | 83702 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820343410 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDAHO UNITED CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | IDAH | NameControl |
| Phone | 2083882138 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2268 | AddressLine1 |
| City | BOISE | City |
| State | ID | State |
| ZIP Code | 83701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARY SKEEN | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 2083882138 | Phone |
| Date Signed | 2012-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LEANN M SANNES | Name |
| PTIN | P01258277 | PTIN |
| Phone | 2083447150 | Phone |
| Date Prepared | 2012-11-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GARY SKEEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2268 | AddressLine1 |
| City | BOISE | City |
| State | ID | State |
| ZIP Code | 83701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1616749 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 1231 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | WWW.IDAHOUNITED.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | ID | StateLegalDomicile |
| Activity Or Mission Description | TO OPERATE FOR MUTUAL PURPOSES AND WITHOUT PROFIT AND TO PROVIDE RESERVE FUNDS FOR LOANS TO MEMBERS AT REASONABLE RATES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 17 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 0 | 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 | 1366999 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1561997 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 43925 | InvestmentIncomePriorYear |
| Investment Income Current Year | 20307 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 17272 | OtherRevenuePriorYear |
| Other Revenue Current Year | 26262 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1428196 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1608566 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 568144 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 576768 | 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 | 858421 | OtherExpensePriorYear |
| Other Expenses Current Year | 821984 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1426565 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1398752 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1631 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 209814 | RevenuesLessExpensesCY |
| Total Assets BOY | 25800169 | TotalAssetsBOY |
| Total Assets EOY | 26057490 | TotalAssetsEOY |
| Total Liabilities BOY | 24216762 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 24264269 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1583407 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1793221 | NetAssetsOrFundBalancesEOY |
| Mission Description | IDAHO UNITED IS A PROGESSIVE, MEMBER-OWNED CREDIT UNION PROVIDING ESSENTIAL FINANCIAL SERVICES IN A CONVENIENT MANNER WITH A PERSONAL TOUCH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE CREDIT UNION SERVED 5,244 MEMBERS DURING 2011. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | 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 | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | 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 | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 488 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 17 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 | 1 | 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 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2083882138 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3103 E SAINT LUKES ST | AddressLine1 |
| City | MERIDIAN | City |
| State | ID | State |
| ZIP Code | 83642 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| RICH HAHN | ||||||
| CHAIRPERSON | 0.50 | X | X | 0 | 0 | 0 |
| MIKE POLITO | ||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 |
| TIM OLSON | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| CAMILLE CEGNAR | ||||||
| SECRETARY | 0.50 | X | 0 | 0 | 0 | |
| BEN HEPLER | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| JONNA IPSEN | ||||||
| BOARD MEMBER | 0.50 | X | 0 | 0 | 0 | |
| RON MEYERS | ||||||
| VICE CHAIR | 0.50 | X | 0 | 0 | 0 | |
| GARY SKEEN | ||||||
| PRESIDENT/CEO | 40.00 | X | 82674 | 0 | 23631 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 82674 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 23631 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST ON LOANS | 522100 | 1193947 | 1193947 |
| FEE INCOME | 522100 | 368050 | 368050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1561997 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28490 | TotalRevenueColumn |
| Exclusion | $28,490 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 8183 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -8183 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8183 | TotalRevenueColumn |
| Exclusion | -$8,183 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 524298 | BusinessCode |
| Total Revenue Column | 26262 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26262 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 26262 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1608566 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1588259 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $20,307 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106305 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314228 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119953 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36282 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17521 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1004 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188346 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20760 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45014 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50073 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58110 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 116589 |
| PROCESSOR EXPENSE - VIS | 78542 |
| MEMBER DIVIDEND EXPENSE | 57981 |
| INDIRECT LENDING FEES & | 46238 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141548 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1398752 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303547 | BOY |
| EOY | 818636 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5969697 | BOY |
| EOY | 5546395 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 2858 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17700924 | BOY |
| EOY | 18030794 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 107871 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1852487 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 852156 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1046242 | BOY |
| EOY | 1000331 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 475939 | BOY |
| EOY | 228112 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303820 | BOY |
| EOY | 322493 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25800169 | BOY |
| EOY | 26057490 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66060 | BOY |
| EOY | 36295 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24150702 | BOY |
| EOY | 24227974 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24216762 | BOY |
| EOY | 24264269 | 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 | 1583407 | BOY |
| EOY | 1793221 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1583407 | BOY |
| EOY | 1793221 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25800169 | BOY |
| EOY | 26057490 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 209814 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 317783 | OtherCostOrOtherBasis |
| Book Value | 317783 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 842016 | OtherCostOrOtherBasis |
| Depreciation | 232550 | Depreciation |
| Book Value | 609466 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 119341 | OtherCostOrOtherBasis |
| Depreciation | 75064 | Depreciation |
| Book Value | 44277 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 365618 | OtherCostOrOtherBasis |
| Depreciation | 341023 | Depreciation |
| Book Value | 24595 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 207729 | OtherCostOrOtherBasis |
| Depreciation | 203519 | Depreciation |
| Book Value | 4210 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1000331 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SHARE DRAFTS | $3,993,613 |
| REGULAR SHARES | $16,087,673 |
| SHARE CERTIFICATES | $3,879,106 |
| IRA/KEOGH ACCOUNTS | $267,582 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 24227974 | TotalOfAmounts |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | EACH ACCOUNT HOLDER IS A MEMBER OF THE CREDIT UNION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NOMINATING COMMITTEE IS SELECTED FROM CREDIT UNION MEMBERSHIP ON AN ANNUAL BASIS. THE NOMINATING COMMITTEE THEN SELECTS THE BOARD NOMINATIONS WHO SERVE THREE YEAR STAGGERED TERMS. THE NOMINATING COMMITTEE SEEKS TO FIND A BALANCED BOARD WITH SKILL SETS SUCH AS ACCOUNTING AND LEGAL. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE GOVERNING BODY IS RESTRICTED FROM APPROVING A MERGER, TERMINATING THE CREDIT UNION AND REMOVING A MEMBER FROM MEMBERSHIP WITHOUT A MEMBERSHIP VOTE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 WAS REVIEWED BY THE CREDIT UNION CEO PRIOR TO FILING. IN ADDITION, DRAFT COPIES WERE PROVIDED TO THE BOARD VIA EMAIL. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CREDIT UNION IS A SMALL CREDIT UNION AND MEETS REGULARLY TO REVIEW CREDIT UNION OPERATIONS. THE BOARD OF DIRECTORS AND CEO ARE COVERED BY THE CONFLICT OF INTEREST POLICY AND ANY POTENTIAL CONFLICTS ARE DISCUSSED IMMEDIATELY AT THE BOARD LEVEL. ANY BOARD MEMBER WHO IS ASSOCIATED WITH THE CONFLICT OF INTEREST IS REQUIRED TO REMOVE THEMSELVES FROM THE DISCUSSION AND ABSTAINS FROM VOTING ON THE ISSUE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CREDIT UNION PERFORMS A COMPENSATION STUDY EVERY FEW YEARS USING AN INDEPENDENT CONSULTING COMPANY AND THE CUNA SALARY SURVEY. THIS INFORMATION IS REPORTED TO THE BOARD AND SALARY RANGES ARE APPLIED TO THE APPLICABLE POSITIONS TO ENSURE THAT COMPENSATION IS REASONABLE FOR THE SERVICES PROVIDED. THE REVIEW WAS LAST CONDURCTED IN 2010 AND WILL BE CONDUCTED AGAIN IN THE SPRING ON 2013. ADJUSTMENTS ARE MADE BY THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE POSTED ON THE NCUA.GOV WEBSITE AND OTHER DOCUMENTS ARE AVAILABLE BY REQUEST. | |
| FORM 990, PART X, LINE 24E | ATM EXPENSE: TOTAL EXPENSES 39,955. SCORECARD EXPENSE: TOTAL EXPENSES 26,400. STATEMENT PROCESSING: TOTAL EXPENSES 24,600. SERVICE & CHECK CHARGES: TOTAL EXPENSES 21,021. LOAN SERVICING EXPENSE: TOTAL EXPENSES 15,124. ASSOCIATION DUES: TOTAL EXPENSES 8,550. MISCELLANEOUS: TOTAL EXPENSES 5,898. | ALL OTHER FUNCTIONAL EXPENSES |
| FORM 990, PART XII, LINE 2: | THE CREDIT UNION IS GOVERNED BY THE NATIONAL CREDIT UNION ADMINISTRATION. AS SUCH, REGULATORS REVIEW THE FINANCIAL TRANSACTIONS OF THE CREDIT UNION ON A CONSISTENT BASIS. | |
| FORM 990, PART VI, SECTION A, LINE 1A: | THE ORGANIZATION HAS A SUPERVISORY COMMITTEE COMPOSED OF 5 INDIVIDUALS WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE SUPERVISORY COMMITTEE ALSO HAS THE AUTHORITY TO REMOVE MEMBERS OF THE GOVERNING BODY AND TO HIRE AND OVERSEE BOTH THE ORGANIZATION'S EXAMINER AND AUDITOR. THIS COMMITTEE INCLUDES A MEMBER OF THE GOVERNING BODY. |
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