BAYLOR HEALTH CARE SYSTEM CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BAYLOR HEALTH CARE SYSTEM CREDIT UNION (EIN 75-1058426)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-11
- IRS object ID
- 201131319349302653
- Schema version
- 2010v3.2
- 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 | 2011-05-11T14:45:00-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 751058426 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAYLOR HEALTH CARE SYSTEM CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BAYL | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4005 CRUTCHER STREET 130 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75246 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KARL KOUNS | Name |
| Title | CEO | Title |
| Date Signed | 2011-04-19 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAYLOR HEALTH CARE SYSTEM CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KARL KOUNS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4005 CRUTCHER 130 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75246 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1919469 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | true | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | WWW.BHCSCU.COM | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Year Formation | 1958 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | BHCSCU IS A MEMBER-OWNER FINANCIAL INSTITUTION WHOSE PURPOSE IS TO PROMOTE THE FINANCIAL WELL-BEING OF ITS MEMBERS BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 7 | TotalNbrVolunteers |
| Total Gross UBI | 98369 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 33156 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1696909 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1603667 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 328611 | InvestmentIncomePriorYear |
| Investment Income Current Year | 315802 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2025520 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1919469 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 566278 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 610948 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1044893 | OtherExpensePriorYear |
| Other Expenses Current Year | 1226961 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1611171 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1837909 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 414349 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 81560 | RevenuesLessExpensesCY |
| Total Assets BOY | 45037385 | TotalAssetsBOY |
| Total Assets EOY | 51084470 | TotalAssetsEOY |
| Total Liabilities BOY | 34707792 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 41481972 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10329593 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9602498 | NetAssetsOrFundBalancesEOY |
| Mission Description | BHCSCU IS A MEMBER-OWNER FINANCIAL INSTITUTION WHOSE PURPOSE IS TO PROMOTE THE FINANCIAL WELL-BEING OF ITS MEMBERS BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 367358 | Expense |
| Revenue | 111785 | Revenue |
| Description | SHARE ACCOUNTS - BHCSCU'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD ALMOST 6300 MEMBER-OWNER ACCOUNTS ON DECEMBER 31 2010. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. WE ALSO OFFER IRA AND CHRISTMAS CLUB ACCOUNTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity Code | 522130 | ActivityCode |
| Expense | 65624 | Expense |
| Revenue | 205923 | Revenue |
| Description | CHECKING ACCOUNTS - BHCSCU PROVIDES CHECKING ACCOUNTS FOR MEMBERS WITH VARIOUS FEATURES FROM FREE ACCOUNTS TOTHOSE WITH ENHANCED BENEFITS. ALL OFFER DIVIDENDS THAT ARE PAID MONTLY. ADDITIONALLY THE CREDIT UNION EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE ATM CARDS DEBIT CARDS INTERNET ACCOUNT ACCESS AND USE OF INTERNET BILL PAYMENT. 50 OF THE CU'S MEMBERS HAVE CHECKING ACCOUNTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity Code | 522130 | ActivityCode |
| Expense | 37844 | Expense |
| Revenue | 1241871 | Revenue |
| Description | CONSUMER LOANS - BHCSCU HAS PROVIDED VEHICLE LOANS SINCE ITS EARLY YEARS. THE CONSUMER LOAN PRODUCT LINE INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR RECREATIONAL VEHICLES BOATS AND MOTORCYCLES. WE ALSO OFFER MORTGAGE LOANS THROUGH CU MEMBERS' MORTGAGE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 470826 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 2200 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | 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 | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | TX | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KARL KOUNS | NamePerson |
| Telephone Number | 2148202342 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4005 CRUTCHER 130 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75246 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| WILLIAM SCARBROUGH | ||||||
| CHAIRMAN | 1 | X | 0 | 0 | 0 | |
| MIKE SHIPLEY | ||||||
| VICE CHAIRMAN | 1 | X | 0 | 0 | 0 | |
| MIKE FELTON | ||||||
| SECRETARY | 1 | X | 0 | 0 | 0 | |
| KEITH HOLTZ | ||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | |
| LAVONE ARTHUR | ||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | |
| JENNIFER STRIBLING | ||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | |
| PAT BROWN | ||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | |
| KARL KOUNS | ||||||
| PRESIDENTCEO | 40 | 109644 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 109644 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | NA | NamePerson |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST ON LOANS | 522130 | 1214044 | 1214044 | |
| FEE INCOME | 522130 | 345536 | 247167 | 98369 |
| OTHER OPERATING INCOME | 522130 | 44087 | 44087 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1603667 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 315802 | TotalRevenueColumn |
| Exclusion | $315,802 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1919469 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1505298 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 98369 | UnrelatedBusinessRevenue |
| Exclusion | $315,802 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166094 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293163 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114969 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36722 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2640 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16419 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205912 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104081 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120051 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15930 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359250 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45021 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| MISCELLANEOUS | 27474 |
| LOAN LOSS | 18000 |
| OPERATING FEES | 9959 |
| ASSOCIATION DUES | 15674 |
| LOAN SERVICING | 19844 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266706 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1837909 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1212678 | BOY |
| EOY | 3772309 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15503831 | BOY |
| EOY | 20074209 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 667 | BOY |
| EOY | 1235 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25909545 | BOY |
| EOY | 24043284 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 901559 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 502946 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 201394 | BOY |
| EOY | 398613 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2209270 | BOY |
| EOY | 2794820 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45037385 | BOY |
| EOY | 51084470 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83847 | BOY |
| EOY | 83837 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34623945 | BOY |
| EOY | 41398135 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34707792 | BOY |
| EOY | 41481972 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10329593 | BOY |
| EOY | 9602498 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10329593 | BOY |
| EOY | 9602498 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45037385 | BOY |
| EOY | 51084470 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 81560 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -808655 | ReconcilationOtherChanges |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 228353 | InvestmentCostOrOtherBasis |
| Depreciation | 37324 | Depreciation |
| Book Value | 191029 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 673206 | InvestmentCostOrOtherBasis |
| Depreciation | 465622 | Depreciation |
| Book Value | 207584 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 398613 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| NCUSIF DEPOSIT | 345392 |
| PPD EXPENSE | 993983 |
| ACCRUED INCOME | 74378 |
| SURETY BOND | 14462 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1428215 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SAVINGS ACCTS | $28,478,098 |
| CHECKING ACCTS | $9,417,782 |
| CHRISTMAS CLUB ACCTS | $94,022 |
| IRA'S | $3,408,233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 41398135 | TotalOfAmounts |
Schedule L IRS990ScheduleL
Loan Table LoanTable (5 entries)
| DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|
| ALL LOANS TO | ||
| false | false | false |
| INTERESTED PERSONS | ||
| false | false | false |
| ARE ON SAME | ||
| false | false | false |
| TERMS AS OTHER | ||
| false | false | false |
| CU MEMBERS | ||
| false | false | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART VI SECTION A LINE 6 ORGANIZATION IS MEMBER-OWNED THUS HAS MEMBERS PART VI SECTION A LINE 7A CREDIT UNION MEMBERS ELECT BOARD MEMBERS WHEN SEATS ARE UP FOR RE-ELECTION AT ANNUAL MEETING. PART VI SECTION A LINE &B MEMBERS WOULD HAVE THE OPPORTUNITY TO VOTE ON ISSUES AFFECTING THEM DIRECTLY SUCH AS A CHANGE IN THE CREDIT UNION'S CHARTER. SIMPLE OPERATIONAL ISSUES ARE THE DECISION OF MANAGEMENT. PART VI SECTION B LINE 11A COPY OF FORM 990 WAS PROVIDED TO EACH BOARD MEMBER FOR REVIEW QUESTIONS AND COMMENTS DISCUSSED DURING REVIEW. PART VI SECTION B LINE 15 UTILIZE THE SALARY SURVEY PUBLISHED BY THE TEXAS CREDIT UNION LEAGUE FOR DETERMINING SALARIES. PART VI SECTION C LINE 19 THE CU MAKES ITS GOVERNING DOCUMENTS POLICIES AND STATEMENTS AVAILABLE TO ITS MEMBERS UPON RECEIPT OF WRITTEN REQUEST TO VIEW THOSE DOCUMENTS. PART XI LINE 5 742715 TO ESTABLISH OCI PER FAS 158 FOR PRIOR PERIOD 65940 TO ADJUST DEFINED BENEFIT PLAN FOR PRIOR PERIOD PER FAS 158. | Explanation |
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