2023-09-18T16:15:39-05:00 2022-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2022-01-01 880062898 Silver State Schools Credit Union SILV 8003579654 630 Trade Center Drive Las Vegas NV 89119 Raymond Wilson SVP/CFO 8003579654 2023-09-11 1 Raymond Wilson 999009999 1 Lisa Chaffee CPA P00193453 7012551091 2023-09-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Scott Arkills 630 Trade Center Drive Las Vegas NV 89119 49928376 0 X www.silverstatecu.com X 1951 NV Financial services for members. 7 7 246 12 0 0 0 0 39012955 43334838 5350977 6592608 0 0 44363932 49927446 159092 68500 0 0 14738574 15542186 0 0 0 20607732 23054664 35505398 38665350 8858534 11262096 1130843063 1151766991 1042588954 1081583020 88254109 70183971 Excellent Member Service and Financial Solutions - for Life! 0 0 Since it's inception in 1951, Silver State Schools Credit Union (SSSCU) has been deeply rooted in the Southern Nevada community, focusing on improving and strengthening the region it serves. SSSCU is a state chartered co-operative, owned by and designed to serve its members. The core of SSSCU is Southern Nevada and those serving and participating in education. Anyone associated with any educational organization, be they volunteers, students, retirees, employees and members of organizations such as PTAs or PTOs, are eligible to join SSSCU. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 12762 0 1 246 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 0 1 1 1 0 0 X Scott Arkills CEOPresident 7027338820 630 Trade Center Dr Las Vegas NV 89119 Scott Arkills CEO/President 40.00 X 477754 0 29250 Ann Johnson SVP/CAO 40.00 X 272830 0 45168 Raymond Wilson SVP/CFO 40.00 X 291995 0 22989 James Bolin SVP/CLO 40.00 X 278536 0 23603 Ben Christensen SVP/CIO 40.00 X 266172 0 30476 Cody Goulding VP/Controller 40.00 X 166516 0 19151 Robert Rivas VP of Information Technology 40.00 X 160855 0 18396 Malinda Watson AVP Internal Controls 40.00 X 139787 0 14681 Ariana Hites VP of Member Services 40.00 X 127235 0 23230 Christopher Jones AVP Continuous Improvement 40.00 X 121415 0 14142 Mitch Fox Chair 10.00 X X 0 0 0 Mary Beth Scow Vice Chair 10.00 X X 0 0 0 George Ann Rice Secretary/Treasurer 10.00 X X 0 0 0 Larry Moulton Director 10.00 X 0 0 0 Javier Trujillo Director 10.00 X 0 0 0 Erika Christensen Director (Jan-Mar) 10.00 X 0 0 0 Joyce Woodhouse Director (Apr-Dec) 10.00 X 0 0 0 Ken Lange Director (Dec) 10.00 X 0 0 0 2303095 0 241086 19 0 1 0 Fiancial Supermarkets Inc PO Box 1450 Cornelia GA 30531 Property Consultant/General Contractor 1069189 Jack Henry and Associates Inc PO Box 609 Monett MO 65708 Core Systems Service Provider 1031349 NCR Corporation PO Box 740641 Los Angeles CA 900740641 Online Banking/Bill Pay Service Provider 973069 Visa DPS - ACH PO Box 742233 Los Angeles CA 900742233 Plastic Card Transaction Service Provide 652163 HARLAND CLARKE PO Box 931898 Atlanta GA 31193 Share systems service provider 470729 5 Interest on Loans 522100 29089263 29089263 Fees and Charges 522100 7174178 7174178 7071397 7071397 43334838 6593538 6593538 930 -930 -930 -930 49927446 43334838 0 6592608 10500 58000 1720796 10977079 671716 1149336 1023259 37803 105275 532853 2358454 596291 1978675 535051 60244 179075 3432844 3374386 2061565 ATM Processing 1822891 Maintenance 1718292 Provision for Loan Loss 1563203 Loan Servicing 912853 1784909 38665350 228774199 71323085 4222233 4257775 1908973 2636173 7659864 7845210 592859347 780359282 4364331 6994298 26778246 10619895 16987125 16158351 257832410 235346430 16234581 26846387 1130843063 1151766991 9071843 11790719 264047 256358 28000000 1033253064 1041535943 1042588954 1081583020 X 0 0 0 0 88254109 70183971 88254109 70183971 1130843063 1151766991 X 11262096 -31807952 2475718 X 0 1 X 0 0 11666232 1374249 10291983 7334237 3429179 3905058 7777777 5816467 1961310 16158351 Regular Shares 459067635 Money Market 198647277 Draft Account 244815816 IRA Shares 12587885 IRA CD's 13829929 Certificate of Deposit 106813757 Operating Lease 5773644 1041535943 X Part X, Line 2: Beginning in March 2008, the Internal Revenue Service (IRS) released Technical Advice Memorandums to specific statechartered credit unions specifying the revenue sources subject to unrelated business income tax (UBIT). UBI may also be subject to tax in certain states. As a result of adopting the Income Tax Topic of the FASB ASC, the Credit Union has assessed its activities and any potential federal or state income tax liability and determined no liability exists from federal or state taxation of activities deemed to be unrelated to its exempt purpose. Management has determined that the financial impact, if any, of not filing UBIT related income tax returns in previous years would not be material to the Credit Union's consolidated financial statements for the year ended December 31, 2022. 1 Nevada Succeeds 6795 S Edmonds St 3rd Floor Las Vegas NV 89118 462812077 501(c)(3) 10000 0 Education - General Support 1 0 Scholarships 22 58000 Part I, Line 2: Scholarships - The scholarships are selected by a committee established by the Board of Directors. SSSCU's marketing department is responsible for receiving all the applications and putting the packets together that removes all student names and other identifying information. The selection committee does not know the personal information of the students until after the selections are made. The selection is made based on the student's grades, community involvement, extracurricular activities, and their application. The scholarships have GPA requirements that need to be maintained in order to continue receiving the scholarship. Student GPA's are reviewed every semester prior to granting the funds. For grants given to organizations that do not support scholarships the organization chooses to provide support to those organizations based on that charitable organization's specific needs. Once the grants are given no further monitoring is considered necessary. X X X X X 0 1 0 Scott Arkills CEO/President 423354 0 46000 0 8400 0 18300 0 11871 0 507925 0 0 0 Ann Johnson SVP/CAO 245524 0 22506 0 4800 0 38144 0 7872 0 318846 0 0 0 Raymond Wilson SVP/CFO 264689 0 22506 0 4800 0 17232 0 6605 0 315832 0 0 0 James Bolin SVP/CLO 251943 0 22393 0 4200 0 13930 0 10426 0 302892 0 0 0 Ben Christensen SVP/CIO 238979 0 22393 0 4800 0 15682 0 15510 0 297364 0 0 0 Cody Goulding VP/Controller 153694 0 12822 0 0 0 8326 0 11425 0 186267 0 0 0 Robert Rivas VP of Information Technology 150069 0 10786 0 0 0 12639 0 6318 0 179812 0 0 0 Malinda Watson AVP Internal Controls 128534 0 11253 0 0 0 4194 0 11031 0 155012 0 0 0 Ariana Hites VP of Member Services 117095 0 10140 0 0 0 12742 0 10998 0 150975 0 0 0 Part I, Line 4b Scott Arkills. The organization deposited funds into a life insurance policy on the participant's life. During life, and subject to the policy generating sufficient values, the participant can borrow from the policy. At death, the organization recovers its premiums plus interest plus additional key-person insurance proceeds. Scott Arkills CEO SERP Split Dollar X 6900000 7845210 0 1 1 7845210 Form 990, Part VI, Section A, line 1a The Executive Officers (ie. the Chair, Vice Chair & Secretary/Treasurer) collectively shall comprise the Executive Committee. The Committee may act for the Board with respect to specifically delegated functions and subject to such limitations as prescribed by the Board. Form 990, Part VI, Section A, line 6 The Organization has members. Form 990, Part VI, Section A, line 6 The following persons are eligible to join Silver State Schools Credit Union: Persons who work in or are volunteers, trustees or board members of public or private schools, colleges, universities, school districts or educational associations located in the state of Nevada; Persons enrolled in the above schools, colleges, universities, school districts or educational associations; Persons who are retirees, pensioners, annuitants of public or private schools, colleges, universities, school districts or educational associations; Persons who are employees or retirees or this credit union and its affiliates; And persons, who are sponsors of Vegas PBS, Channel 10, Southern Nevada's public broadcasting television station. Persons who are employees of the following companies who work in Las Vegas, Nevada: -Abbott's Audio and Video -Creel Printing & Publishing -IKON Office Solutions -Trans Health Incorporated -Mojave Mental Health Services -Nextel Communications/Partners -Northern Pipeline Construction -The Holman Group -Trinity Life Center Members of the following stakes of the Church of Jesus Christ of Latter Day Saints in the State of Nevada: -Lakes -Las Vegas -Lone Mountain -Meadows -Redrock -Sandstone -South Spouses of persons who died while within the field of membership of this credit union, persons retired as pensioners or annuitants from the above employers, members of their immediate families; Immediate family member of eligible members of SSSCU Persons living in the same household (maintaining a single economic unit) as eligible members of this credit union. Form 990, Part VI, Section A, line 7a The Credit Union membership may participate in the election of officials. Form 990, Part VI, Section B, line 11b The Form 990 is completed by an independent accounting firm and reviewed and approved by senior management before it is filed with the IRS. Senior management informs the board of directors when the return is completed. Form 990, Part VI, Section B, line 15a Each year the Board of Directors completes and delivers a performance evaluation of the President/CEO. Compensation surveys are obtained and reviewed by the Board at the time of contract negotiation. Decisions are documented in private executive session minutes. Form 990, Part VI, Section C, line 19 Governing documents and conflict of interest policy are not made available to the public. Financial statements are made available to the public on the ASI (American Share Insurance) website via The Call Report filed quarterly. Form 990, Part XI, line 9: Pension Gain/(Loss) Net of Amortization 2,475,718. Silver State Schools Service Company LLC 630 Trade Center Drive Las Vegas NV 89119 742952579 Mortgage Services NV 1273244 16067774 Silver State Schools Credit Union Silver State Schools CU People Over Profit Foundation 630 Trade Center Dr Las Vegas NV 891193712 831332084 Supporting education NV 501(c)(3) Line 7 Silver State Schools Credit Union 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0