2023-07-11T19:57:09-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 951442266 ALTA VISTA CREDIT UNION ALTA 9098093838 1425 W LUGONIA AVE REDLANDS CA 92374 KANTI SARKER CFO 9098093838 2023-06-30 1 KANTI SARKER 999009999 1 VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID JUSTICE 1425 W LUGONIA AVE REDLANDS CA 92374 9891431 0 X ALTAVISTACU.ORG X CREDIT UNION 1943 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 9 9 63 9 13264 0 0 0 7769523 9001029 410792 890402 36548 0 8216863 9891431 1028 5995 0 0 2995552 3394766 0 0 0 4312636 5226560 7309216 8627321 907647 1264110 221889084 232172374 205825443 214845068 16063641 17327306 X A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, ALTA VISTA CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 ALTA VISTA CREDIT UNION OFFERS DIGITAL BANKING IN VARIOUS FORMS, SUCH AS, ONLINE BANKING, MOBILE BANKING OR TELEPHONE BANKING, FOR THE CONVENIENCE OF THE MEMBERS. ALTA VISTA CREDIT UNION PROVIDES MEMBERS WITH FINANCIAL ADVICE AND PLANNING BY HELPING THEM CREATE STRONG, ACHIEVABLE FINANCIAL GOALS, BUILD THE PLANS TO GET THERE AND ADAPT TO CHANGES ALONG THE WAY. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 2187 0 1 63 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 1 1 1 1 0 CA X X KANTI SARKER 9098093838 1425 W LUGONIA AVE REDLANDS CA 92374 VINCENT LASTER BOARD CHAIRPERSON 1.00 X 0 0 0 STEPHANNIE ORNELAS BOARD VICE CHAIRPERSON 1.00 X 0 0 0 GEORGE TONE BOARD TREASURER 1.00 X 0 0 0 MICHAEL VAN LUVEN BOARD SECRETARY 1.00 X 0 0 0 ROBERT GEE DIRECTOR 1.00 X 0 0 0 GARY UNDERWOOD DIRECTOR 1.00 X 0 0 0 CAMERON VALADEZ DIRECTOR 1.00 X 0 0 0 JACOB SPOOR DIRECTOR 1.00 X 0 0 0 DAMON ALEXANDER DIRECTOR 1.00 X 0 0 0 BARBARA MCGEE SUPV CMTE MEMBER 1.00 X 0 0 0 DAVID JUSTICE CEO 40.00 X 287021 0 14306 KANTI SARKER CFO 40.00 X 195780 0 24258 LORRAINE GONZALES COO 40.00 X 165690 0 2637 JAMES DAWSON VP MARKETING 40.00 X 129597 0 6861 MICHAEL HERNANDEZ LENDING MANAGER 40.00 X 101992 0 527 THOMAS BROWN DIRECTOR OF IT 40.00 X 100152 0 33149 980232 0 81738 6 0 1 0 ARROWHEAD CAPITAL CORPORATION 1425 W LUGONIA AVE REDLANDS CA 92374 MORTGAGE BROKER 685895 AMS CONSTRUCTION 1159 IOWA AVE K RIVERSIDE CA 92507 COMMERCIAL ROOFING 599826 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 WEBSITE EXPENSE 264186 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 DATA PROCESSING EXPENSE 189294 EMPOWER STRATEGIC SOLUTIONS 302 CORPORATE SRIVE E LANGHORNE PA 19047 ADVERTISING/PUBLICITY 161774 8 INTEREST ON LOANS 522291 6255226 6255226 FEE INCOME 522100 1398766 1398766 OTHER OPERATING INCOME 522100 1347037 1333773 13264 9001029 890402 890402 9891431 9878167 13264 0 5995 980232 2155523 3160 32840 223011 20226 62779 398660 244927 1141285 663215 435828 129651 390796 410401 236419 PROVISION FOR LOAN & LE 504000 LOAN SEVICING EXPENSE 423373 MISCELLANEOUS OPERATING 124804 OPERATING FEES 30605 9591 8627321 2108252 1674833 37787460 7864668 165568 186946 508460 458533 15367243 4784256 10114044 10582987 50021135 54537581 114600950 148889105 6583215 7977721 221889084 232172374 1741843 2333927 204083600 212511141 205825443 214845068 X 0 0 10475692 10475692 5587949 6851614 16063641 17327306 221889084 232172374 1264110 -445 0 X X 0 1 X 1 0 3257760 3257760 9717246 3039786 6677460 2392237 1744470 647767 10582987 PAID IN CAPITAL 350659 C NCUSIF DEPOSIT 1864095 C NET LOANS TO MEMBERS 145253427 C ALL OTHER INVESTMENTS 1420924 F 148889105 TOTAL SHARES & DEPOSITS 198511141 DRAWS AGAINST LINES OF CREDIT 14000000 212511141 X PART X, LINE 2: FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD SHOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. AS OF SEPTEMBER 30, 2022 AND 2021, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. 0 0 0 DAVID JUSTICE CEO 221393 0 37875 0 27753 0 0 0 14306 0 301327 0 0 0 KANTI SARKER CFO 159806 0 31174 0 4800 0 0 0 24258 0 220038 0 0 0 LORRAINE GONZALES COO 148162 0 10278 0 7250 0 0 0 2637 0 168327 0 0 0 DAVID JUSTICE CEO HELOC-CC X 150000 149951 0 1 0 DAVID JUSTICE CEO VISA PLATINUM-CC X 20600 13009 0 1 0 LORRAINE GONZALES COO VISA PLATINUM-CC X 5000 3386 0 1 0 JAMES DAWSON VP OF BRAND SERVICES USED AUTO X 20856 20600 0 1 0 186946 FORM 990, PART VI, SECTION A, LINE 6 ALTA VISTA CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. ALTA VISTA CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A YES, ALL MEMBERS VOTE FOR THE VOLUNTEER BOARD OF DIRECTORS. IF A POSITION BECOMES VACANT DURING THE YEAR, THE BOARD MAY APPOINT A PERSON TO FILL THE SPOT UNTIL THE NEXT ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ONLY MEMBERS MAY APPROVE A MANAGER. OUR REGULATOR AND FEDERAL INSURANCE PROVIDER MAY IMPOSE RULES THAT WE MUST FOLLOW. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER SENDS A DRAFT OF THE FORM 990 TO THE ORGANIZATON'S CEO/CFO FOR THEIR REVIEW.THE CEO/CFO REVIEWS THE DRAFT AND PRESENTS ANY QUESTIONS,COMMENTS OR CORRECTIONS TO THE RETURN PREPARER. UPON SATISFACTORY COMPLETION OF THE FORM 990, THE ORGANIZATION'S CEO/CFO SIGNS RETURN AND SUBMITS IT TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DATA IS RECEIVED FROM AN FORM 990, P INDEPENDENT COMPANY THAT SUMMARIZES WAGE DATA BY INDUSTRY,LOCATION,SIZE,COMPLEXITY,JOB CLASSIFICATION,LEVEL OF RESPONSIBILITY,ETC. TO DETERMINE WAGE BANDS,AN INDIVIDUAL WHO EARNS MORE THAN 120 PERCENT OF MEDIAN WAGES FOR A JOB WILL NOT RECEIVE MERIT OR OTHER ANNUAL INCREASE IN PAY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC, HOWEVER THE CONFLICT OF INTEREST POLICY WAS APPROVED BY THE GOVERNING BODY, THE BOARD OF DIRECTORS. THE CREDIT UNION POSTS OUR FINANCIAL STATEMENTS FOR THE PUBLIC IN OUR LOBBY ON A MONTHLY BASIS. FORM 990,PART XII,LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.