SELCO COMMUNITY CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SELCO COMMUNITY CREDIT UNION (EIN 93-0163693)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-19
- IRS object ID
- 201132319349300208
- 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 | 2011-08-19T11:48:46-05:00 | 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 | 930163693 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SELCO COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SELC | NameControl |
| Phone | 5416868000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7487 | AddressLine1 |
| City | EUGENE | City |
| State | OR | State |
| ZIP Code | 97401 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TIFFANY WASHINGTON | Name |
| Title | SENIOR VP OF FINANCE | Title |
| Phone | 5416868000 | Phone |
| Date Signed | 2010-07-31 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | J ROBERT NEWCOMB | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7487 | AddressLine1 |
| City | EUGENE | City |
| State | OR | State |
| ZIP Code | 97401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 59339566 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | SELCO.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1936 | YearFormation |
| State Legal Domicile | OR | StateLegalDomicile |
| Activity Or Mission Description | SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS SOCIAL AND ECONOMIC CONDITION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 291 | TotalNbrEmployees |
| Total Nbr Volunteers | 11 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 52306621 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 50425006 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -422528 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1687023 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5037839 | OtherRevenuePriorYear |
| Other Revenue Current Year | 254802 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 56921932 | TotalRevenuePriorYear |
| Total Revenue Current Year | 52366831 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 58027 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 46171 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 13804357 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13688249 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14025358 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 32107511 | OtherExpensePriorYear |
| Other Expenses Current Year | 34973044 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 59658144 | TotalExpensesPriorYear |
| Total Expenses Current Year | 49044573 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2736212 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3322258 | RevenuesLessExpensesCY |
| Total Assets BOY | 840722730 | TotalAssetsBOY |
| Total Assets EOY | 896212221 | TotalAssetsEOY |
| Total Liabilities BOY | 776387100 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 828797339 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 64335630 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 67414882 | NetAssetsOrFundBalancesEOY |
| Mission Description | SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS SOCIAL AND ECONOMIC CONDITION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | THE CREDIT UNION PAID OVER 9.1 MILLION IN DIVIDENDS TO MEMBERS. DEPOSIT ACCOUNTS INCLUDE, SAVINGS, CHECKING, MONEY MARKET ACCOUNTS AND CERTIFICATES OF DEPOSIT. AT DECEMBER 31, 2010, DEPOSITS TOTALED 815.7 MILLION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | THE CREDIT UNION DISBURSED OVER 202 MILLION IN NEW LOANS TO MEMBERS. LOANS INCLUDE AUTO, MORTGAGE, HOME EQUITY, CREDIT CARD, AND BUSINESS LOANS. AT DECEMBER 31, 2010, LOANS OUTSTANDING TOTALED 682.8 MILLION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DURING 2010, THE CREDIT UNION PROVIDED FINANCIAL PLANNING SERVICES TO APPROXIMATELY 2,600 MEMBERS WITH ASSETS UNDER MANAGEMENT OF 146 MILLION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | 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 | true | 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 | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| 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 | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 25498 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 291 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SELCO COMMUNITY CREDIT UNION | NamePerson |
| Telephone Number | 5416868000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 HIGH STREET SUITE 300 | AddressLine1 |
| City | EUGENE | City |
| State | OR | State |
| ZIP Code | 97401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| RANDY THWING | ||||||||
| DIRECTOR | 2.00 | X | X | 0 | 0 | 0 | ||
| CAROL BECKLEY | ||||||||
| CHAIRPERSON | 2.00 | X | 0 | 0 | 0 | |||
| KAYE LEFRANCQ | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| HAROLD WELBORN | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| DICK METZLER | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| CURT HEIMULLER | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| BETTY JAMES | ||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |||
| J ROBERT NEWCOMB | ||||||||
| CEO AND SECR | 60.00 | X | 551839 | 0 | 30031 | |||
| TIFFANY WASHINGTON | ||||||||
| SVP FINANCE/ | 50.00 | X | 166934 | 0 | 20479 | |||
| CRAIG CARPENTER | ||||||||
| SVP LENDING/ | 50.00 | 167814 | 0 | 12586 | X | |||
| MARCIA ROBESON | ||||||||
| FINANCIAL CO | 40.00 | 169517 | 0 | 20745 | X | |||
| SCOTT HIRSCHORN | ||||||||
| S. MORTGAGE | 40.00 | 154603 | 0 | 9813 | X | |||
| STEVE MCINTIRE | ||||||||
| VP ADMINISTR | 50.00 | 149575 | 0 | 20674 | X | |||
| DOUG GROUT | ||||||||
| VICE PRESIDE | 50.00 | 144994 | 0 | 16462 | X | |||
| FAYE BALLESTER | ||||||||
| MORTGAGE LOA | 40.00 | 126535 | 0 | 13075 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1631811 | TotalReportableCompFromOrg |
| Total Other Compensation | 143865 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MCKENZIE COMMERCIAL CONTRACTORS | |||||
| 865W 2ND AVE | EUGENE | OR | 97402 | BUILDING MAINTE | 497683 |
| PREVEDELLO & ASSOCIATES | |||||
| 701 HIGH ST | EUGENE | OR | 97401 | WEB MARKETING | 460662 |
| INFOIMAGE | |||||
| 141 JEFFERSON DR | MENLO PARK | CA | 94025 | STATEMENT PRINT | 447001 |
| SHELTON-TURNBULL PRINTERS | |||||
| PO BOX 6989 | PORTLAND | OR | 97228 | PRINTING | 301132 |
| DIEBOLD INC | |||||
| PO BOX 643543 | PITTSBURGH | PA | 15264 | ATM MAINT | 295037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| INTEREST ON LOANS TO MEMBERS | 38922495 | 38922495 |
| SERVICE FEES | 11502511 | 11502511 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 50425006 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1900645 | TotalRevenueColumn |
| Exclusion | $1,900,645 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6745964 | Securities |
| Other | 13149 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6423665 | Securities |
| Other | 549070 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 322299 | Securities |
| Other | -535921 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -213622 | TotalRevenueColumn |
| Related Or Exempt Function Income | -213622 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| MANAGEMENT FEES | 123091 | 123091 |
| RENTAL INCOME | 110381 | 110381 |
| MISCELLANEOUS | 21330 | 21330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 254802 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 52366831 | TotalRevenueColumn |
| Related Or Exempt Function Income | 50466186 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,900,645 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26671 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19500 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2089110 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8997227 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 489144 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1435806 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1014071 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46763 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13548 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204236 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111919 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1000959 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1573989 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1005526 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1302682 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 182554 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9516788 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1638022 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202274 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSSES | 12117580 |
| MEMBER SERVICES | 3174646 |
| NCUA ASSESSMENTS | 1971000 |
| LOAN SERVICING | 467897 |
| MISCELLANEOUS | 442661 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49044573 | 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 | 9187289 | BOY |
| EOY | 8931406 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79774130 | BOY |
| EOY | 101855230 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18514 | BOY |
| EOY | 57635 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 758104 | BOY |
| EOY | 1056490 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 675737629 | BOY |
| EOY | 668285942 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35410 | BOY |
| EOY | 13944 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913678 | BOY |
| EOY | 863495 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 33313161 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16666427 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17262829 | BOY |
| EOY | 16646734 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34158678 | BOY |
| EOY | 74467347 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4026789 | BOY |
| EOY | 4286673 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9861807 | BOY |
| EOY | 10212042 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8987873 | BOY |
| EOY | 9535283 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 840722730 | BOY |
| EOY | 896212221 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2497312 | BOY |
| EOY | 3495461 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142851 | BOY |
| EOY | 257758 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42331 | BOY |
| EOY | 45044 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10580867 | BOY |
| EOY | 8801658 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 763123739 | BOY |
| EOY | 816197418 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 776387100 | BOY |
| EOY | 828797339 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64335630 | BOY |
| EOY | 67414882 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64335630 | BOY |
| EOY | 67414882 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 840722730 | BOY |
| EOY | 896212221 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3322258 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -243006 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3480964 | OtherCostOrOtherBasis |
| Book Value | 3480964 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16288784 | OtherCostOrOtherBasis |
| Depreciation | 5430263 | Depreciation |
| Book Value | 10858521 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1452667 | OtherCostOrOtherBasis |
| Depreciation | 815099 | Depreciation |
| Book Value | 637568 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12090746 | OtherCostOrOtherBasis |
| Depreciation | 10421065 | Depreciation |
| Book Value | 1669681 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16646734 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBER DEPOSITS | $814,652,032 |
| CLEARING AND SUSPENSE ACCOUNTS | $1,224,290 |
| DEFERRED COMPENSATION LIABILITY | $321,096 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 816197418 | TotalOfAmounts |
| Total Revenue | 52366831 | TotalRevenue |
| Total Expenses | 49044573 | TotalExpenses |
| Excess Or Deficit For Year | 3322258 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 3322258 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 53738496 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1396959 | OtherRevenues |
| Revenue Not Rptd F990 | 1396959 | RevenueNotRptdF990 |
| Revenue Subtotal | 52341537 | RevenueSubtotal |
| Other Revenues Not Included | 25294 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 25294 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 52366831 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 50416238 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1371665 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1371665 | ExpensesNotRptdF990 |
| Expenses Subtotal | 49044573 | ExpensesSubtotal |
| Total Expenses Per Form990 | 49044573 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ESCROW LIABILITY ARRANGEMENT EXPLANATION | SCHEDULE D, PAGE 2, PART IV, LINE 2B | MORTGAGE ESCROW ACCOUNTS TOTALING 45,044. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | REVENUES OF SUBSIDIARIES REPORTED ON CONSOLIDATED BASIS 0 FINANCIAL STATEMENTS 1,396,959 REVENUES OF SUBSIDIARY REPORTED ON HTE EQUITY BASIS IN 990 -25,294 EXPENSES OF SUBSIDIARIES REPORTED ON CONSOLIDATED BASIS 0 FINANCIAL STATEMENTS -1,371,665 |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | REVENUES OF SUBSIDIARIES REPORTED ON CONSOLIDATED BASIS 0 FINANCIAL STATEMENTS 1,396,959 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | REVENUES OF SUBSIDIARY REPORTED ON HTE EQUITY BASIS IN 990 25,294 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 2D | EXPENSES OF SUBSIDIARIES REPORTED ON CONSOLIDATED BASIS 0 FINANCIAL STATEMENTS 1,371,665 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|
| EUGENE SCHOOL DISTRICT 4J | ||
| 936000566 | 8158 | SUPPORT CLASSROOM |
| AMOUNTS UNDER 5000 | ||
| 18513 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of Other Organizations | 23 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 13 | NumberOfRecipients |
| Amount Of Cash Grant | 19500 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | NO MONITORING OF CLASSROOM MINI-GRANTS IS PERFORMED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|---|
| J ROBERT NEWCOMB | |||||
| 470690 | 81149 | 18375 | 11656 | 581870 | |
| TIFFANY WASHINGTON | |||||
| 164175 | 2759 | 12695 | 7784 | 187413 | |
| CRAIG CARPENTER | |||||
| 165000 | 2814 | 12586 | 180400 | ||
| MARCIA ROBESON | |||||
| 168329 | 1188 | 12894 | 7851 | 190262 | |
| SCOTT HIRSCHORN | |||||
| 154423 | 180 | 4667 | 5146 | 164416 | |
| STEVE MCINTIRE | |||||
| 149145 | 430 | 11498 | 9176 | 170249 | |
| DOUG GROUT | |||||
| 140261 | 3453 | 10915 | 5547 | 161456 | 1280 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS | SCHEDULE J, PAGE 1, PART I, LINE 4 | J ROBERT NEWCOMB 0 259,883 0 |
| OTHER ADDITIONAL INFORMATION | SCHEDULE J, PART III | PART I, LINE 1A - THE CREDIT UNION WILL PROVIDE AIRFARE FOR A TRAVEL PARTNER FOR EACH BOARD MEMBER TO ONE NATIONAL CONFERNCE WITHIN THE UNITED STATES PER YEAR. PART I, LINE 1A - THE CREDIT UNION PROVIDES TAX GROSS UP PAYMENTS TO ITS CEO. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR J. ROBERT NEWCOMB. SUBJECT TO CONTINUOUS SATISFACTORY SERVICE TO THE EMPLOYER AND COMPLIANCE WITH EXISTING EMPLOYMENT CONTRACT, THE PLAN BENEFIT WILL BE PAID ON SEPTEMBER 19, 2017. PLAN EARNINGS IN 2010 EQUAL 259,883. |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| J ROBERT NEWCOMB | ||||||
| HOME MORTGAGE | X | $725,000 | 589062 | false | true | true |
| J ROBERT NEWCOMB | ||||||
| SPLIT-DOLLAR LIFE INS. | X | $467,428 | 467428 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1056490 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | THE CREDIT UNION IS MEMBER OWNED. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS IS ELECTED BY A VOTE OF THE CREDIT UNION'S MEMBERS. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | REMOVAL OF DIRECTORS MUST BE RATIFIED BY A VOTE OF THE CREDIT UNION'S MEMBERS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | DIRECTORS MUST FILE AN ANNUAL CONFLICT OF INTEREST FORM. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION OF THE CEO IS DETERMINED BY THE BOARD OF DIRECOTRS BASED ON COMPARABILITY DATA. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE POSTED ON THE CREDIT UNION'S WEB SITE AND MONTHLY STATEMENTS ARE POSTED IN EACH BRANCH LOCATION. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | OTHER CHANGES TO NET ASSETS CONSIST OF NET UNREALIZED LOSSES ON INVESTMENTS AND A SMALL PRIOR PERIOD ADJUSTMENT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SELCO MORTGAGE COMPANY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 HARLOW ROAD | AddressLine1 |
| City | SPRINGFIELD | City |
| State | OR | State |
| ZIP Code | 97477 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 931254915 | EIN |
| Primary Activities | MTG BROKER | PrimaryActivities |
| Legal Domicile State | OR | LegalDomicileState |
| Total Income | 1137123 | TotalIncome |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHISTLER PROP GP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 HARLOW ROAD | AddressLine1 |
| City | SPRINGFIELD | City |
| State | OR | State |
| ZIP Code | 97477 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364687978 | EIN |
| Primary Activity | REAL EST | PrimaryActivity |
| Legal Domicile State | OR | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | -189 | ShareOfTotalIncome |
| Share Of EOY Assets | 242162 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| General Or Managing Partner | true | GeneralOrManagingPartner |
| Percentage Ownership | 0.10730 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SELCO GROUP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 925 HARLOW RD | AddressLine1 |
| City | SPRINGFIELD | City |
| State | OR | State |
| ZIP Code | 97477 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930829603 | EIN |
| Primary Activity | INSURANCE | PrimaryActivity |
| Legal Domicile State | OR | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C CORP | TypeOfEntity |
| Share Of Total Income | 1074978 | ShareOfTotalIncome |
| Share Of EOY Assets | 655408 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| SELCO GROUP | ||
| A | 57962 | FMV |
| SELCO GROUP | ||
| K | 122591 | COST |
| WHISTLER PROPERTY GROUP | ||
| B | 242162 | FMV |
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