IDAHO CENTRAL CREDIT UNION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- IDAHO CENTRAL CREDIT UNION (EIN 82-0217065)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-10
- IRS object ID
- 202241309349302144
- Schema version
- 2021v4.0
- 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 | 2022-05-10T11:42:40-07:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820217065 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDAHO CENTRAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IDAH | BusinessNameControlTxt |
| Phone | 2084783300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2469 | AddressLine1Txt |
| City | Pocatello | CityNm |
| State Abbreviation | ID | StateAbbreviationCd |
| ZIP | 83206 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brian Berrett | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 2084783300 | PhoneNum |
| Signature | 2022-05-10 | SignatureDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 0 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Kent Oram | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2469 | AddressLine1Txt |
| City | Pocatello | CityNm |
| State Abbreviation | ID | StateAbbreviationCd |
| ZIP | 83206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $370,077,928 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.iccu.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | ID | LegalDomicileStateCd |
| Activity Or Mission | Credit Union providing financial products and services to members. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 1902 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $371,110,508 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $370,077,928 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $371,110,508 | PYTotalRevenueAmt |
| CY Total Revenue | $370,077,928 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $71,064,503 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $52,158,260 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $121,018,619 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $136,199,640 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $63,393,552 | PYOtherExpensesAmt |
| CY Other Expenses | $80,971,268 | CYOtherExpensesAmt |
| PY Total Expenses | $255,476,674 | PYTotalExpensesAmt |
| CY Total Expenses | $269,329,168 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $115,633,834 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $100,748,760 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,745,371,782 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,340,323,557 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $456,049,452 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $311,009,866 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,289,322,330 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,029,313,691 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Credit Union providing financial services to members. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $269,329,168 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $370,077,928 | RevenueAmt |
| Desc | Idaho Central serves 489,259 members through 44 locations in Idaho. We provide a full range of financial products and services to our members. We pool member funds and loan them to members. All expenses are either related to having funds available to lend or operating costs. We provided loans to 200,180 of our members. Total loans outstanding at the end of the year were $6,314,558,038. All 489,259 of our members participate in our deposit products. During the year we spent $31,964,051 in interest expense to have funds available to lend to members. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $269,329,168 | TotalProgramServiceExpensesAmt |
| 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 | 0 | 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 | 0 | 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 | 0 | 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 | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1902 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | Yes (1) | 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 | 0 | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | 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 | Idaho Central Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2084783300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2469 | AddressLine1Txt |
| City | Pocatello | CityNm |
| State Abbreviation | ID | StateAbbreviationCd |
| ZIP | 83206 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Kent Oram | |||||||||
| Chief Executive Officer | 60 | 0 | Yes (X) | $1,667,433 | $0 | $81,185 | |||
| Sean Palmer | |||||||||
| Mortgage Loan Officer | 60 | 0 | $1,627,584 | $0 | $19,972 | Yes (X) | |||
| Shelli Bardsley | |||||||||
| Chief Administrative Officer | 60 | 0 | $1,282,716 | $0 | $285,299 | Yes (X) | |||
| Chris Helbling | |||||||||
| Mortgage Loan Officer | 60 | 0 | $1,405,660 | $0 | $24,454 | Yes (X) | |||
| David Rusk | |||||||||
| Mortgage Loan Officer | 60 | 0 | $1,278,876 | $0 | $24,969 | Yes (X) | |||
| Brenda Worrell | |||||||||
| Chief Operating Officer | 60 | 0 | $1,040,409 | $0 | $166,446 | Yes (X) | |||
| Natalie Chatfield | |||||||||
| Mortgage Loan Officer | 60 | 0 | $1,075,392 | $0 | $25,065 | Yes (X) | |||
| Anthony Eckman | |||||||||
| Mortgage Loan Officer | 60 | 0 | $1,006,329 | $0 | $24,885 | Yes (X) | |||
| Brian Berrett | |||||||||
| Chief Financial Officer | 60 | 0 | Yes (X) | $548,178 | $0 | $182,802 | |||
| Mark Willden | |||||||||
| Chief Information Officer | 60 | 0 | $553,567 | $0 | $170,906 | Yes (X) | |||
| Corey Dahle | |||||||||
| Chief Experience Officer | 60 | 0 | $660,919 | $0 | $35,300 | Yes (X) | |||
| Edward Tierney | |||||||||
| Chief Lending Officer | 60 | 0 | $614,660 | $0 | $40,206 | Yes (X) | |||
| Michael Watson | |||||||||
| Chief Marketing Officer | 60 | 0 | $372,191 | $0 | $196,798 | Yes (X) | |||
| Debbie Brady | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Russ McCoy | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Troy Neu | |||||||||
| Chairman | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jonathon Hunt | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Judy Harveston | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Cindy Watson | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Jace Katseanes | |||||||||
| Board Member | 5 | 0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $13,133,914 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,278,287 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 155 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Interest on Loans to Members | 522130 | $199,483,924 | $199,483,924 | $0 | $0 |
| Other Member Income | 522130 | $125,798,497 | $125,798,497 | $0 | $0 |
| Income from Member Fees and Charges | 522130 | $41,605,001 | $41,605,001 | $0 | $0 |
| Investment Income | 522130 | $3,190,506 | $3,190,506 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $370,077,928 | TotalProgramServiceRevenueAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $370,077,928 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $370,077,928 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,158,260 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,066,042 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,642,584 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,826,342 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,509,344 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,155,328 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,728 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,500 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $679,411 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,712,950 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,528,913 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,157,541 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,665,955 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,157,841 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,053,641 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,210,155 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,526,813 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,181 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Expenses | Desc |
| Total | $69,639 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,329,168 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,491,134 | BOYAmt |
| EOY | $57,052,371 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,225,962,328 | BOYAmt |
| EOY | $1,329,976,466 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,143,334 | BOYAmt |
| EOY | $3,922,657 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,907,165,863 | BOYAmt |
| EOY | $6,279,097,396 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,466,875 | BOYAmt |
| EOY | $39,742,965 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $352,683,039 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,758,667 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,782,368 | BOYAmt |
| EOY | $314,924,372 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,045,980 | BOYAmt |
| EOY | $131,573,024 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,313,900 | BOYAmt |
| EOY | $184,034,306 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,745,371,782 | BOYAmt |
| EOY | $8,340,323,557 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,691,339 | BOYAmt |
| EOY | $137,459,344 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $332,807,359 | BOYAmt |
| EOY | $168,433,178 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,550,754 | BOYAmt |
| EOY | $5,117,344 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $456,049,452 | BOYAmt |
| EOY | $311,009,866 | 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 | $5,740,830,507 | BOYAmt |
| EOY | $7,385,385,514 | 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 | $548,491,823 | BOYAmt |
| EOY | $643,928,177 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,289,322,330 | BOYAmt |
| EOY | $8,029,313,691 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,745,371,782 | BOYAmt |
| EOY | $8,340,323,557 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $100,748,760 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $1,639,242,601 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $140,366,556 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $140,366,556 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $161,548,681 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,677,444 | DepreciationAmt |
| Book Value | $148,871,237 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,247,823 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,910,317 | DepreciationAmt |
| Book Value | $1,337,506 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $47,519,979 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,170,906 | DepreciationAmt |
| Book Value | $24,349,073 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $314,924,372 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Liabilities | Desc |
| Amt | $5,117,344 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,117,344 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shelli Bardsley | ||||||||||||||
| Chief Administrative Officer | $660,751 | $0 | $367,426 | $0 | $254,539 | $0 | $224,393 | $0 | $285,299 | $0 | $1,792,408 | $0 | $0 | $0 |
| Kent Oram | ||||||||||||||
| Chief Executive Officer | $1,018,955 | $0 | $560,120 | $0 | $88,358 | $0 | $0 | $0 | $81,185 | $0 | $1,748,618 | $0 | $0 | $0 |
| Sean Palmer | ||||||||||||||
| Mortgage Loan Officer | $0 | $0 | $1,627,360 | $0 | $224 | $0 | $6,790 | $0 | $19,972 | $0 | $1,654,346 | $0 | $0 | $0 |
| Chris Helbling | ||||||||||||||
| Mortgage Loan Officer | $0 | $0 | $1,405,597 | $0 | $63 | $0 | $6,786 | $0 | $24,454 | $0 | $1,436,900 | $0 | $0 | $0 |
| Brenda Worrell | ||||||||||||||
| Chief Operating Officer | $661,020 | $0 | $367,426 | $0 | $11,963 | $0 | $107,456 | $0 | $166,446 | $0 | $1,314,311 | $0 | $0 | $0 |
| David Rusk | ||||||||||||||
| Mortgage Loan Officer | $0 | $0 | $1,278,815 | $0 | $61 | $0 | $6,863 | $0 | $24,969 | $0 | $1,310,708 | $0 | $0 | $0 |
| Natalie Chatfield | ||||||||||||||
| Mortgage Loan Officer | $0 | $0 | $1,075,147 | $0 | $245 | $0 | $6,855 | $0 | $25,065 | $0 | $1,107,312 | $0 | $0 | $0 |
| Anthony Eckman | ||||||||||||||
| Mortgage Loan Officer | $0 | $0 | $1,006,292 | $0 | $37 | $0 | $6,790 | $0 | $24,885 | $0 | $1,038,004 | $0 | $0 | $0 |
| Brian Berrett | ||||||||||||||
| Chief Financial Officer | $436,436 | $0 | $102,018 | $0 | $9,724 | $0 | $149,417 | $0 | $182,802 | $0 | $880,397 | $0 | $0 | $0 |
| Mark Willden | ||||||||||||||
| Chief Information Officer | $440,200 | $0 | $102,018 | $0 | $11,349 | $0 | $141,527 | $0 | $170,906 | $0 | $866,000 | $0 | $0 | $0 |
| Michael Watson | ||||||||||||||
| Chief Marketing Officer | $283,916 | $0 | $78,952 | $0 | $9,323 | $0 | $172,504 | $0 | $196,798 | $0 | $741,493 | $0 | $0 | $0 |
| Corey Dahle | ||||||||||||||
| Chief Experience Officer | $396,800 | $0 | $258,393 | $0 | $5,726 | $0 | $6,863 | $0 | $35,300 | $0 | $703,082 | $0 | $0 | $0 |
| Edward Tierney | ||||||||||||||
| Chief Lending Officer | $398,519 | $0 | $211,132 | $0 | $5,009 | $0 | $7,604 | $0 | $40,206 | $0 | $662,470 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | Idaho Central provides certain key employees first class air, travel for companions, and health or social club dues. |
| Schedule J, Part I, Line 4 | Amounts expensed in 2021 are as follows: Shelli Bardsley - $11,843. In addition, the organization deposited funds into a life insurance policy on the participants' 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. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (8 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Kent Oram | |||||||
| Chief Executive Officer | Funds Purchase Life Insurance | Yes (X) | $23,500,000 | $25,033,562 | 0 | Yes (1) | Yes (1) |
| Shelli Bardsleyu | |||||||
| Chief Administrative Officer | Funds Purchase Life Insurance | Yes (X) | $2,600,000 | $3,064,031 | 0 | Yes (1) | Yes (1) |
| Brenda Worrell | |||||||
| Chief Operating Officer | Funds Purchase Life Insurance | Yes (X) | $2,000,000 | $2,356,947 | 0 | Yes (1) | Yes (1) |
| Brian Berrett | |||||||
| Chief Financial Officer | Funds Purchase Life Insurance | Yes (X) | $5,450,000 | $5,669,431 | 0 | Yes (1) | Yes (1) |
| Edward Tierney | |||||||
| Chief Lending Officer | Funds Purchase Life Insurance | Yes (X) | $3,900,000 | $4,294,747 | 0 | Yes (1) | Yes (1) |
| Mark Willden | |||||||
| Chief Information Officer | Funds Purchase Life Insurance | Yes (X) | $7,550,000 | $7,559,350 | 0 | Yes (1) | Yes (1) |
| Corey Dahle | |||||||
| Chief Experience Officer | Funds Purchase Life Insurance | Yes (X) | $2,950,000 | $3,111,321 | 0 | Yes (1) | Yes (1) |
| Michael Watson | |||||||
| Chief Marketing Officer | Funds Purchase Life Insurance | Yes (X) | $4,000,000 | $4,020,488 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $55,109,877 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Header, Line A | I am filing the form electronically but will also be sending in a paper copy so I can include documents related to new split dollar plans. |
| Form 990, Part VI, Section A, Line 6 | Idaho Central is a member owned, not for profit credit union. |
| Form 990, Part VI, Section B, Line 11b | The Chief Financial Officer (also a CPA) prepares the 990. It is then submitted to the Chief Executive Officer for review prior to filing. |
| Form 990, Part VI, Section B, Line 12c | We consistently monitor and enforce compliance with the conflict of interest policy. It covers Board Members, key staff, and family members. A review is performed at least annually. In addition, auditors and examiners review accounts held by the aforementioned persons. |
| Form 990, Part VI, Section B, Line 15 | Annually, the Board of Directors reviews salary surveys of similar sized institutions and sets the salary of the Chief Executive Officer according to that and how Idaho Central is performing. The Chief Executive Officer sets the salary of all other employees of the Credit Union. Each employee receives an annual salary review. |
| Form 990, Part VI, Section C, Line 19 | The financial statements are published in the branch offices and are available upon request. Other documents may also be made available upon request. |
| Form 990, Part XI, Line 9 | The change in deposits is $1,644,555,007. The change in Other Comprehensive Income is -$5,312,406. |