GREATER NEVADA CREDIT UNION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- GREATER NEVADA CREDIT UNION (EIN 88-0063808)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-12-14
- IRS object ID
- 202343489349300344
- Schema version
- 2021v4.2
- 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) |
|---|---|---|
| Return | 2023-12-14T10:56:11-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 SW BROADWAY STE 1400 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 880063808 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER NEVADA CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 7758822060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2128 | AddressLine1Txt |
| City | CARSON CITY | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89702 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICK HASSMAN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7758861329 | PhoneNum |
| Signature | 2023-12-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICK | PersonFirstNm |
| Person Last | HASSMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WENDY CAMPOS | PreparerPersonNm |
| PTIN | P00448102 | PTIN |
| Phone | 5032421447 | PhoneNum |
| Preparation | 2023-12-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Principal Officer | DANIEL DELAROSA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2128 | AddressLine1Txt |
| City | CARSON CITY | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89702 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $120,719,627 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.GNCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1949 | FormationYr |
| Legal Domicile State | NV | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 444 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $595,878 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $89,948,384 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $92,874,818 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,853,721 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,008,174 | CYInvestmentIncomeAmt |
| PY Other Revenue | $620,566 | PYOtherRevenueAmt |
| CY Other Revenue | $797,290 | CYOtherRevenueAmt |
| PY Total Revenue | $93,422,671 | PYTotalRevenueAmt |
| CY Total Revenue | $96,680,282 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $192,147 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $643,064 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,977,574 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $30,536,280 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $47,289,403 | PYOtherExpensesAmt |
| CY Other Expenses | $46,900,844 | CYOtherExpensesAmt |
| PY Total Expenses | $79,459,124 | PYTotalExpensesAmt |
| CY Total Expenses | $78,080,188 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,963,547 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,600,094 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,354,807,772 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,614,964,186 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,229,313,117 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,473,633,863 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $125,494,655 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $141,330,323 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | FINANCIAL SERVICES - BANKING ACTIVITIES, INCLUDING LOANS AND DEPOSITS. TOTAL MEMBERSHIP TO THE CREDIT UNION GREW TO 81,283 IN 2021, AN INCREASE OF 2,943 FOR THE YEAR. DURING 2021, THE CREDIT UNION AND ITS AFFILIATES FUNDED $192 MILLION IN CONSUMER LOANS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MORTGAGE SERVICES - ORIGINATING, SELLING, AND SERVICING OF REAL ESTATE MORTGAGES. DURING 2021, THE CREDIT UNION FUNDED $349 MILLION IN MORTGAGE LOANS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMERCIAL LENDING - ORIGINATING, SELLING, AND SERVICING OF COMMERCIAL LOANS. DURING 2021, THE CREDIT UNION FUNDED $353 MILLION IN COMMERCIAL LOANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 23458 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 444 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICK HASSMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7758861329 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 451 EAGLE STATION LANE | AddressLine1Txt |
| City | CARSON CITY | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| JOYCE WHITNEY-SILVA | ||||||||
| EVP/CFO | 40.00 | Yes (X) | $954,462 | $0 | $34,421 | |||
| JAMES ANDERSON | ||||||||
| EVP/MORTGAGE LENDING | 40.00 | $679,272 | $0 | $32,526 | Yes (X) | |||
| WALLACE MURRAY | ||||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | $624,273 | $0 | $36,870 | |||
| JEREMY GILPIN | ||||||||
| EVP/COMMERCIAL LENDING | 40.00 | $598,187 | $0 | $32,526 | Yes (X) | |||
| SHER DEHORNEY | ||||||||
| VP OF MORTGAGE OPERATIONS | 40.00 | $446,776 | $0 | $23,874 | Yes (X) | |||
| NICK SERRANO | ||||||||
| VP/MORTGAGE LENDING | 40.00 | $394,743 | $0 | $19,542 | Yes (X) | |||
| NATALIE DUFTY | ||||||||
| MORTGAGE CONSULTANT | 40.00 | $321,014 | $0 | $25,411 | Yes (X) | |||
| BEATRIZ PICO | ||||||||
| MORTGAGE CONSULTANT | 40.00 | $331,814 | $0 | $9,311 | Yes (X) | |||
| MICHAEL RANDALL | ||||||||
| SALES MANAGER | 40.00 | $283,371 | $0 | $18,668 | Yes (X) | |||
| ROB JOINER | ||||||||
| CHAIR | 8.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM ARENSDORF | ||||||||
| VICE CHAIR | 6.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JON STEELE | ||||||||
| SECRETARY | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TRAVIS LEE | ||||||||
| TREASURER | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| BARBARA BYINGTON | ||||||||
| DIRECTOR | 4.00 | $0 | $0 | $0 | Yes (X) | |||
| PAUL RICHEY | ||||||||
| DIRECTOR | 4.00 | $0 | $0 | $0 | Yes (X) | |||
| ALEX TALMANT | ||||||||
| DIRECTOR | 4.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,633,912 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $233,149 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 51 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GUARANTEED REVIEWS | |||||
| 2121 N MAPLE ST | CANBY | OR | 37013 | LOAN PLACEMENT REVIEWS | $9,186,666 |
| FISERV | |||||
| PO BOX 80123 | CITY OF INDUSTRY | CA | 91716 | CORE PROCESSOR SERVICES | $3,467,140 |
| THOMAS FINANCIAL | |||||
| 3060 PEACHTREE RD NW SUITE 1855 | ATLANTA | GA | 30305 | LOAN PLACEMENT | $1,894,665 |
| ELEMENT GROUP | |||||
| 155 BREWWERY LANE SUITE 1 | PORTSMOUTH | NH | 03801 | DESIGN BUILD SERVICES | $833,020 |
| COOK SOLUTIONS | |||||
| 9225 NE CASCADES PKWY | PORTLAND | OR | 97220 | EQUIPMENT MAINTENANCE | $729,425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 41 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST - MEMBER LOAN | 522100 | $38,083,205 | $38,083,205 |
| FEES & SERVICE CHARGES | 522100 | $14,138,822 | $14,138,822 |
| GAIN ON SALE OF LOANS | 522100 | $12,750,783 | $12,750,783 |
| SBA LOAN FEE INCOME | 522100 | $8,547,517 | $8,547,517 |
| INTERCHANGE INCOME | 522100 | $8,536,499 | $8,536,499 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,817,992 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,222,114 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $595,878 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $92,874,818 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,549,394 | TotalRevenueColumnAmt |
| Exclusion | $2,549,394 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $603,541 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $319,754 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $283,787 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $283,787 | TotalRevenueColumnAmt |
| Exclusion | $283,787 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,678,000 | SecuritiesAmt |
| Other | $2,500,371 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,447,912 | SecuritiesAmt |
| Other | $2,271,679 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $230,088 | SecuritiesAmt |
| Other | $228,692 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $458,780 | TotalRevenueColumnAmt |
| Exclusion | $458,780 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIFE INSURANCE VALUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $513,503 | TotalRevenueColumnAmt |
| Exclusion | $513,503 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $513,503 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,680,282 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $92,278,940 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $595,878 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,805,464 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $642,510 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,299,906 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,240,811 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $772,508 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,286,493 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,936,562 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,550 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,126 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,032 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,335,472 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,018,388 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,141,107 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,971,907 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,387,900 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,476 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,925 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,455,790 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,995,249 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,430 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROCESSING COSTS | $7,164,463 |
| LOAN SERVICING | $5,930,892 |
| LOAN LOSS PROVISION | $4,080,276 |
| LICENSES AND FEES | $2,108,573 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,016,288 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,080,188 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,970,290 | BOYAmt |
| EOY | $45,433,971 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,071,022 | BOYAmt |
| EOY | $181,737,517 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,250,000 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,006,448,428 | BOYAmt |
| EOY | $1,038,007,320 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,069,854 | BOYAmt |
| EOY | $3,870,957 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $85,342,432 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $34,007,258 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,268,451 | BOYAmt |
| EOY | $51,335,174 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,260,532 | BOYAmt |
| EOY | $212,905,477 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,355,379 | BOYAmt |
| EOY | $5,609,779 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $6,729,472 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,594,171 | BOYAmt |
| EOY | $2,517,171 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,769,645 | BOYAmt |
| EOY | $64,567,348 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,354,807,772 | BOYAmt |
| EOY | $1,614,964,186 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,484,833 | BOYAmt |
| EOY | $15,786,631 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,203,828,284 | BOYAmt |
| EOY | $1,457,847,232 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,229,313,117 | BOYAmt |
| EOY | $1,473,633,863 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,494,655 | BOYAmt |
| EOY | $141,330,323 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,494,655 | BOYAmt |
| EOY | $141,330,323 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,354,807,772 | BOYAmt |
| EOY | $1,614,964,186 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $18,600,094 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,764,426 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $4,351,940 | BeginningBalanceAmt |
| Additions During Year | $282,260,999 | AdditionsDuringYearAmt |
| Distributions During Year | $282,746,322 | DistributionsDuringYearAmt |
| Ending Balance | $3,866,617 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,813,671 | OtherCostOrOtherBasisAmt |
| Book Value | $10,813,671 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,386,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,795,010 | DepreciationAmt |
| Book Value | $31,591,269 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,473,478 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,429,459 | DepreciationAmt |
| Book Value | $1,044,019 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,350,855 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,627,527 | DepreciationAmt |
| Book Value | $7,723,328 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $318,149 | OtherCostOrOtherBasisAmt |
| Depreciation | $155,262 | DepreciationAmt |
| Book Value | $162,887 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $51,335,174 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERS' SHARE AND SAVINGS ACCOUNTS | Desc |
| Amt | $1,457,847,232 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,457,847,232 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 1B: | FormAndLineReferenceDesc |
| Explanation | BORROWER PAYMENTS FOR PRINCIPAL, INTEREST, TAXES AND INSURANCE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS OF NORTHERN NEVADA | |||||||||
| 4750 LONGLEY LANE SUITE 101 | RENO | NV | 89502 | 530196605 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT | |
| AUDACITY INSTITUTE LLC | |||||||||
| 450 SINCLAIR STREET | RENO | NV | 89501 | 382552018 | $12,500 | $0 | SUPPORT FOR START-UP ENTREPRENEURS | ||
| CHILDREN'S MIRACLE NETWORK HOSPITAL | |||||||||
| 18400 VON KARMAN AVENUE SUITE 900 | IRVINE | CA | 92612 | 870387205 | 501(C)(3) | $17,000 | $0 | GENERAL SUPPORT | |
| EDDY HOUSE | |||||||||
| 888 WILLOW STREET | RENO | NV | 89502 | 453023511 | 501(C)(3) | $98,710 | $0 | GENERAL SUPPORT | |
| FOOD BANK OF NORTHERN NEVADA | |||||||||
| 550 ITALY DRIVE | SPARKS | NV | 89437 | 942924979 | 501(C)(3) | $8,750 | $0 | GENERAL SUPPORT | |
| RENO FOOD SYSTEM | |||||||||
| 972 BATES AVENUE | RENO | NV | 89502 | 811021982 | 501(C)(3) | $7,500 | $0 | GENERAL SUPPORT | |
| RENOWN HEALTH FOUNDATION | |||||||||
| 1155 MILL STREET O2 | RENO | NV | 89502 | 942972749 | 501(C)(3) | $5,500 | $0 | GENERAL SUPPORT | |
| SPECIAL OLYMPICS NEVADA | |||||||||
| 3480 BUSKIRK AVENUE SUITE 340 | PLEASANT HILL | CA | 94523 | 680363121 | 501(C)(3) | $57,500 | $0 | SPORTS EVENTS FOR PEOPLE WITH DISABILITIES | |
| TAHOE PROSPERITY CENTER | |||||||||
| 948 INCLINE WAY | INCLINE VILLAGE | NV | 89451 | 453559172 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT | |
| THE GAME ROOM - TEDXRENO | |||||||||
| 3005 ROXBURY DRIVE | RENO | NV | 89523 | 873140632 | 501(C)(3) | $15,000 | $0 | GENERAL SUPPORT | |
| THE SALVATION ARMY | |||||||||
| 3755 N FREEWAY BOULEVARD | SACRAMENTO | CA | 95834 | 941156347 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT | |
| UNIVERSITY OF NEVADA RENO FOUNDATION | |||||||||
| 1664 N VIRGINIA STREET | RENO | NV | 89557 | 942781749 | STATE OF NV | $190,000 | $0 | GENERAL SUPPORT | |
| WESTERN NEVADA COLLEGE FOUNDATION | |||||||||
| 2201 WEST COLLEGE PARKWAY | CARSON CITY | NV | 89703 | 880283783 | 501(C)(3) | $6,730 | $0 | GENERAL SUPPORT | BRISTLECONE BUILDING 147 |
| WOLF PACK SPORTS PROPERTIES LLC | |||||||||
| PO BOX 843256 | KANSAS CITY | MO | 64184 | 470911648 | $40,000 | $0 | SPONSORSHIP OF THE WOLF PACK ATHLETICS | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 12 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE GRANTS MADE ARE CONSIDERED CHARITABLE DONATIONS AND DO NOT REQUIRE FORMAL MONITORING OR REPORTING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOYCE WHITNEY-SILVA | ||||||||||||||
| EVP/CFO | $223,731 | $0 | $38,100 | $0 | $692,631 | $0 | $10,601 | $0 | $23,820 | $0 | $988,883 | $0 | $0 | $0 |
| JAMES ANDERSON | ||||||||||||||
| EVP/MORTGAGE LENDING | $219,743 | $0 | $459,529 | $0 | $0 | $0 | $13,050 | $0 | $19,476 | $0 | $711,798 | $0 | $0 | $0 |
| WALLACE MURRAY | ||||||||||||||
| PRESIDENT/CEO | $524,273 | $0 | $100,000 | $0 | $0 | $0 | $13,050 | $0 | $23,820 | $0 | $661,143 | $0 | $0 | $0 |
| JEREMY GILPIN | ||||||||||||||
| EVP/COMMERCIAL LENDING | $243,087 | $0 | $355,100 | $0 | $0 | $0 | $13,050 | $0 | $19,476 | $0 | $630,713 | $0 | $0 | $0 |
| SHER DEHORNEY | ||||||||||||||
| VP OF MORTGAGE OPERATIONS | $446,776 | $0 | $0 | $0 | $0 | $0 | $13,050 | $0 | $10,824 | $0 | $470,650 | $0 | $0 | $0 |
| NICK SERRANO | ||||||||||||||
| VP/MORTGAGE LENDING | $394,743 | $0 | $0 | $0 | $0 | $0 | $13,050 | $0 | $6,492 | $0 | $414,285 | $0 | $0 | $0 |
| NATALIE DUFTY | ||||||||||||||
| MORTGAGE CONSULTANT | $321,014 | $0 | $0 | $0 | $0 | $0 | $5,935 | $0 | $19,476 | $0 | $346,425 | $0 | $0 | $0 |
| BEATRIZ PICO | ||||||||||||||
| MORTGAGE CONSULTANT | $331,814 | $0 | $0 | $0 | $0 | $0 | $9,311 | $0 | $0 | $0 | $341,125 | $0 | $0 | $0 |
| MICHAEL RANDALL | ||||||||||||||
| SALES MANAGER | $283,371 | $0 | $0 | $0 | $0 | $0 | $7,844 | $0 | $10,824 | $0 | $302,039 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAD A 457(F) DEFERRED COMPENSATION PLAN IN PLACE; JOYCE WHITNEY-SILVA WAS THE ONLY PARTICIPANT IN THE PLAN AND RECEIVED A TAXABLE DISTRIBUTION IN THE AMOUNT OF $692,631 FROM THE 457(F) PLAN DURING 2021. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HARDAWAY CAPITAL GROUP LLC | PersonNm |
| Relationship With Org | CONTROLLED ENTITY OF KEY EMPLOYEE OF GNCU | RelationshipWithOrgTxt |
| Loan Purpose | PURCHASE OF 25% INTEREST IN GREATER NEVADA COMMERCIAL LENDING, LLC | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $2,500,000 | OriginalPrincipalAmt |
| Balance Due | $2,250,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $2,250,000 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARDAWAY CAPITAL GROUP LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | CONTROLLED ENTITY OF KEY EMPLOYEE OF GNCU | RelationshipDescriptionTxt |
| Transaction | $2,500,000 | TransactionAmt |
| Transaction | PURCHASE OF 25% INTEREST IN GREATER NEVADA COMMERCIAL LENDING, LLC | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CREDIT UNION HAS ONE CLASS OF MEMBER, WHICH ARE: (I) SHAREHOLDERS OF THE CREDIT UNION WHO LIVE OR WORK IN THE FOLLOWING NEVADA COUNTIES: CARSON CITY, CHURCHILL, CLARK, DOUGLAS, ELKO, ESMERALDA, EUREKA, HUMBOLDT, LANDER, LINCOLN, LYON, MINERAL, NYE, PERSHING, STOREY, WASHOE, WHITE PINE; (II) SPOUSES OF PERSONS WHO DIED WHILE WITHIN THE FIELD OF MEMBERSHIP OF THIS CREDIT UNION; (III) EMPLOYEES OF THIS CREDIT UNION; (IV) PERSONS RETIRED AS PENSIONERS OR ANNUITANTS FROM THE ABOVE EMPLOYMENT; AND (V) MEMBERS OF THEIR IMMEDIATE FAMILIES. MEMBERS DO NOT RECEIVE SHARES OF PROFIT OTHER THAN THROUGH SHARE ACCOUNT DIVIDENDS. |
| FORM 990, PART VI, SECTION A, LINE 7A | FOR EACH VACANCY OF THE BOARD OF DIRECTORS, THE NOMINATING COMMITTEE FILES NOMINATIONS WITH THE SECRETARY OF THE CREDIT UNION AT LEAST 90 DAYS PRIOR TO THE ANNUAL MEETING. NOMINATIONS FOR VACANCIES MAY ALSO BE MADE BY MEMBERS OF THE ORGANIZATION VIA PETITION SIGNED BY 500 MEMBERS OR ONE PERCENT (1%) OF THE MEMBERSHIP ELIGIBLE TO VOTE AT MEETINGS OF THE MEMBERS, WHICHEVER IS SMALLER. SHOULD THERE BE A CONTESTED ELECTION, THE ELECTION IS THEN DETERMINED BY PLURALITY VOTE OPEN TO ALL MEMBERS OF THE ORGANIZATION ELIGIBLE TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S EVP/CFO. THE EVP/CFO, WHO IS A MEMBER OF THE EXECUTIVE MANAGEMENT TEAM, THEN REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION SURVEY DATA OBTAINED FROM OUTSIDE CONSULTANTS IS UTILIZED TO DETERMINE APPROPRIATE SALARY AND BENEFIT LEVELS FOR THE PRESIDENT/CEO. SUCH DECISIONS ARE DOCUMENTED BY THE BOARD IN AN EXECUTIVE SESSION. THIS PROCESS WAS LAST COMPLETED IN APRIL 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CREDIT UNION'S MONTHLY FINANCIAL STATEMENTS ARE POSTED IN EACH OF THE CREDIT UNION'S BRANCHES. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, HEADING - SUMMARY OF CHANGES FOR AMENDED RETURN: | FORM 990, HEADING, BOX F: THE PRINCIPAL OFFICER WAS UPDATED TO REFLECT THE CURRENT PRINCIPAL OFFICER AS OF THE DATE OF THE AMENDED RETURN. FORM 990, PART IV, LINE 26: THIS LINE ITEM WAS UPDATED TO YES DUE TO A CONTRACT WITH HARDAWAY CAPITAL GROUP, LLC FOR THE SALE OF MEMBERSHIP INTEREST IN GREATER NEVADA COMMERCIAL LENDING, LLC. HARDAWAY CAPITAL GROUP, LLC IS A CONTROLLED ENTITY OF JEREMY GILPIN, A KEY EMPLOYEE AT GREATER NEVADA CREDIT UNION. FORM 990, PART IV, LINE 28C: THIS LINE ITEM WAS UPDATED TO YES FOR THE SALE OF A 25% INTEREST IN GREATER NEVADA COMMERCIAL LENDING, LLC TO HARDAWAY CAPITAL, LLC. FORM 990, PART X. LINE 5: THIS LINE ITEM WAS UPDATED TO $2,250,000 TO REFLECT THE NOTE RECEIVABLE IN THE CONTRACT WITH HARDAWAY CAPITAL GROUP, LLC. FORM 990, PART X, LINE 7: THIS LINE ITEM WAS REDUCED BY $2,250,000 TO RECLASSIFY THE NOTE RECEIVABLE IN THE CONTRACT WITH HARDAWAY CAPITAL GROUP, LLC TO LINE 5. SCHEDULE L, PART II: THIS WAS ADDED TO REPORT THE NOTE RECEIVABLE FROM HARDAWAY CAPITAL GROUP, LLC. SCHEDULE L, PART IV: THIS WAS ADDED TO REPORT THE SALE OF A 25% INTEREST IN GREATER NEVADA COMMERCIAL LENDING, LLC TO HARDAWAY CAPITAL, LLC. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| GREATER NEVADA LLC | |||||||||
| 451 EAGLE STATION LANE | CARSON CITY | NV | 89701 | 880500878 | MORTGAGE SERVICES | NV | $6,311,026 | $36,084,536 | GREATER NEVADA CREDIT UNION |
| GREATER NEVADA FINANCIAL GROUP LLC | |||||||||
| 451 EAGLE STATION LANE | CARSON CITY | NV | 89701 | 811825547 | INSURANCE PRODUCTS | NV | -$3,845 | $164,429 | GREATER NEVADA CREDIT UNION |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER NEVADA COMMERCIAL LENDING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5190 NEIL ROAD SUITE 205 | AddressLine1Txt |
| City | RENO | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89523 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821499653 | EIN |
| Primary Activities | COMMERCIAL LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | NV | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER NEVADA CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Share Of Total Income | $16,232,647 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $17,722,529 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.75000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |