2011-05-12T13:09:04-07:00 2010-12-31 990 2010-01-01 820217065 IDAHO CENTRAL CREDIT UNION IDAH 2084783300 PO Box 2469 Pocatello ID 83206 Brian Berrett 2084783300 2011-05-12 2010 2016-02-24 21:20:13Z Kent Oram PO Box 2469 Pocatello ID 83206 54073766 0 X www.iccu.com X 1940 ID Credit Union providing financial products and services to members. 7 7 375 10 0 0 0 0 57184527 54073766 0 0 0 0 57184527 54073766 0 0 19739564 16540620 15533497 16679693 0 0 0 7244092 11325398 42517153 44545711 14667374 9528055 919641924 865515313 112607369 11410996 807034555 854104317 Credit Union providing financial services to members. 0 0 44545711 0 54073766 Idaho Central serves 91,650 members through 19 locations in Idaho. We provide a full range of financial products and services to our members. We pool member funds and loan them to members. All expenses are either related to having funds available to lend or operating costs. We provided loans to 41,034 of our members. Total loans outstanding at the end of the year were $724,040,489. All 91,650 of our members participate in our deposit products. During the year we spent $10,661,025 in interest expense to have funds available to lend to members. 0 0 0 44545711 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 375 1 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Idaho Central Credit Union 2084783300 4400 Central Way Chubbuck ID 83202 Debbie Brady 5 X 0 0 0 Ben Call 5 X 0 0 0 Troy Neu 5 X 0 0 0 Marv White 5 X 0 0 0 Judy Harveston 5 X 0 0 0 Cindy Watson 5 X 0 0 0 Dorothy Ricks 5 X 0 0 0 Kent Oram 60 X X X 611652 0 102675 Brian Berrett 60 X X 146296 0 60152 Shelli Bardsley 60 X X 357927 0 73420 Brenda Worrell 60 X X 305805 0 74027 Mark Willden 60 X X 178516 0 53677 Edward Tierney 60 X 130291 0 15787 Nile Spears 60 X 116914 0 57489 Ralph Murdoch 60 X X 107909 0 11688 Daren Almond 40 X 102884 0 14114 Shannon Marshburn 60 X 101278 0 6227 2159472 0 469256 10 1 1 0 0 Interest on Loans to Members 522130 36042533 36042533 0 0 Other Member Income 522130 10424965 10424965 0 0 Income from Member Fees and Charges 522130 6759534 6759534 0 0 Investment Income 522130 846734 846734 0 0 0 0 0 0 54073766 0 0 0 0 0 54073766 54073766 0 0 0 0 0 0 0 0 16540620 16540620 1942807 1942807 10337404 10337404 0 0 1241993 1241993 2047585 2047585 1109904 1109904 0 0 10300 10300 226866 226866 0 0 0 0 0 0 55183 55183 1604869 1604869 1106262 1106262 1416090 1416090 0 0 1279068 1279068 794311 794311 0 0 108515 108515 81239 81239 0 0 2591615 2591615 158935 158935 NCUA Assessment 1871564 1871564 0 0 Miscellaneous Expenses 20581 20581 0 0 0 0 44545711 44545711 0 0 7756268 8576183 179132333 62173936 0 0 5843880 5915674 0 0 0 0 658660395 718704218 0 0 2068648 3012885 58545085 13711302 43607100 44833783 0 0 0 13467180 12466964 9106120 9831670 919641924 865515313 9503481 9615696 0 0 0 0 0 0 0 0 0 0 100000000 0 0 0 3103888 1795300 112607369 11410996 X 743763252 780306940 0 0 63271303 73797377 807034555 854104317 919641924 865515313 X 9528055 37541707 X 0 0 0 13971962 0 13971962 27935725 0 2512877 25422848 1197207 0 1085103 112104 15440191 0 10113322 5326869 0 0 0 0 44833783 0 Interest Payable on Deposits 1775536 Dividends on Shares 19764 1795300 X X X 1 1 X X X X 0 1 0 Kent Oram 377938 0 121754 0 111960 0 87087 0 14980 0 713719 0 0 0 Brian Berrett 109642 0 21245 0 15409 0 20375 0 8491 0 175162 0 0 0 Shelli Bardsley 248518 0 87702 0 21707 0 93988 0 9859 0 461774 0 0 0 Brenda Worrell 209989 0 76352 0 19464 0 47265 0 9306 0 362376 0 0 0 Mark Willden 139267 0 23912 0 15337 0 15105 0 8491 0 202112 0 0 0 Edward Tierney 93943 0 23836 0 12512 0 0 0 8491 0 138782 0 0 0 Nile Spears 98970 0 10735 0 7209 0 0 0 8491 0 125405 0 0 0 Ralph Murdoch 95628 0 5250 0 7031 0 0 0 8491 0 116400 0 0 0 Daren Almond 96589 0 0 0 6296 0 0 0 7240 0 110125 0 0 Shannon Marshburn 84216 0 9200 0 7862 0 0 0 325 0 101603 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Idaho Central provides certain key employees travel for companions, housing allowances, and health or social club dues. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Amounts expensed during 2010 are as follows: Kent Oram-$24,117 and Shelli Bardsley-$7,515. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Idaho Central is a member owned, not for profit credit union. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Vice President of Finance (also a CPA) prepares the 990. It is then submitted to the President for review prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c We consistently monitor and enforce compliance with the conflict of interest policy. It covers Board Members, key staff, and family members. A review is performed at least annually. In addition, auditors and examiners review accounts held by the aforementioned persons. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Annually, the Board of Directors reviews salary surveys of similar sized institutions and sets the salary of the President according to that and how Idaho Central is performing. The President sets the salary for all other employees of the Credit Union. Each employee receives an annual salary review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The financial statements are published in the branch offices and are available upon request. Other documents may also be made available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 The change in deposits is $36,543,686. The change in Other Comprehensive Income is $998,021.