2022-11-17T16:34:10-06:00 2021-12-31 382492570 DOEREN MAYHEW 12060 SW 129 CT STE 201 MIAMI FL 33186 990 2021-01-01 860096740 DESERT FINANCIAL CREDIT UNION DESE 6024337000 148 NORTH 48TH STREET PHOENIX AZ 85034 JACKIE L BIGGS JR SVP CFO 6024337000 2022-11-17 1 JACKIE BIGGS JR 999009999 JOHN J MURNANE JR P01076394 3052328272 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JEFFREY D MESHEY 148 NORTH 48TH STREET PHOENIX AZ 85034 335388697 0 X WWW.DESERTFINANCIAL.COM X 1939 AZ AT DESERT FINANCIAL, RELATIONSHIPS DRIVE SUCCESS. WE SHARE OUR FINANCIAL SUCCESS BECAUSE WE BELIEVE IT'S THE RIGHT THING TO DO FOR OUR MEMBERS, OUR COMMUNITY AND OUR TEAM. 9 9 1416 16 4919528 0 0 0 163605363 229462154 46222288 69206076 8168513 34554495 217996164 333222725 849740 1236500 0 0 72713611 117592414 0 0 0 113550020 126951989 187113371 245780903 30882793 87441822 6637949766 8206373350 5878096284 7434331928 759853482 772041422 AT DESERT FINANCIAL, RELATIONSHIPS DRIVE SUCCESS. WE SHARE OUR FINANCIAL SUCCESS BECAUSE WE BELIEVE IT'S THE RIGHT THING TO DO FOR OUR MEMBERS, OUR COMMUNITY AND OUR TEAM. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 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 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 174484 0 1 1416 1 1 1 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DESERT FINANCIAL CREDIT UNION 6024337000 148 NORTH 48TH STREET PHOENIX AZ 85034 LAURA WATSON CHAIRPERSON 1.00 X 0 0 0 JANET BIOLETTO VICE CHAIRPERSON 1.00 X 0 0 0 MICHAEL KONEN TREASURER 1.00 X 0 0 0 JEFFREY SMITH SECRETARY 1.00 X 0 0 0 MATTHEW FEHLING DIRECTOR 1.00 X 0 0 0 CLAUDETTE GRONSKI DIRECTOR 1.00 X 0 0 0 KEVIN HASKEW DIRECTOR 1.00 X 0 0 0 RICHARD JOHNSON DIRECTOR 1.00 X 0 0 0 CHRIS MINER DIRECTOR 1.00 X 0 0 0 JEFFREY D MESHEY CEO 40.00 X 1411835 0 991334 JACKIE L BIGGS JR SVP CFO 40.00 X 372447 0 23612 JEFFREY S BUTLER CEO-SWITCHTHINK SOLUTIONS 40.00 X 889964 0 31078 RONDLE K AMSTUTZ EXECUTIVE VP 40.00 X 693185 0 724770 CATHLEEN GRAHAM EXECUTIVE VP 40.00 X 644874 0 161846 GARY SNEED SVP CHIEF LENDING OFFICER 40.00 X 534535 0 13546 PARKER RONALD H CHIEF OPS OFC-ST 40.00 X 446959 0 27111 SARA K REGAN SVP RISK & GEN COUNSEL 40.00 X 451871 0 33019 PAUL WINTERMANTEL FINANCIAL ADVISOR II 40.00 X 466189 0 25440 THOMAS MARLOWE SVP BACK OFFICE OPS 40.00 X 406943 0 22799 STEPHEN JORDAN CHIEF REVENUE OFFICER 40.00 X 531922 0 23129 6850724 0 2077684 246 0 1 0 FISERV INC PO BOX 208457 DALLAS TX 75320 DATA PROCESSING 6177775 ANDERSON MOSS LLC DBA ANDERSON ADVERTIS 5800 EAST THOMAS RD 100 SCOTTSDALE AZ 85251 MARKETING 4432667 GOOGLE INC PO BOX 883654 LOS ANGELES AZ 90088 MARKETING 2965089 ALKAMI TECHNOLOGY INC DEPT 2223 PO BOX 122223 DALLAS TX 75312 DIGITAL BANKING PLATFORM 2288256 PERSONIX PO BOX 208457 DALLAS TX 75320 DATA PROCESSING 1833425 105 FEES & OTHER OPERATING INCOME 522100 129789015 129789015 LOAN & LEASE INCOME 522100 94753611 94753611 PROFESSIONAL, SCIENTIFIC, AND TEC 540000 2925389 2925389 FINANCE & INSURANCE 520000 1994139 1994139 229462154 68552336 68552336 1043949 1173831 -129882 -129882 -129882 1645881 992141 653740 653740 653740 OTHER OPERATING INCOME 522100 34684377 34684377 34684377 333222725 259750861 4919528 68552336 X 1236500 6493026 92898787 7864885 3704294 6631422 1041218 354422 6411193 14003269 5074088 4420177 5713635 378058 591800 34273825 365808 9086090 10930152 DEBIT CARD/ATM 18764588 REPAIRS & MAINTENANCE 11811058 LOAN SERVICING 3153837 FRAUD LOSSES 1809100 -1230329 245780903 7821509 7520119 551041176 593593441 7282628 9303199 2333705049 2701948283 5990591 6368623 151382429 79614343 72862061 71768086 3457129670 4482591522 17270000 60730354 150000 184697082 272549723 6637949766 8206373350 71013571 91136568 205000000 200000000 5602082713 7143195360 5878096284 7434331928 X 0 0 0 0 759853482 772041422 759853482 772041422 6637949766 8206373350 X 87441822 -79294880 4040998 X X 0 1 X 1 0 22428981 22428981 62379650 32061857 30317793 13144933 10764400 2380533 44461971 34259787 10202184 8966894 2528299 6438595 71768086 MEMBER SHARES 7140001976 POST-RETIREMENT HEALTHCARE LIABILITY 3193384 7143195360 X 334396556 0 334396556 -1173831 -1173831 333222725 246954734 1173831 1173831 245780903 0 245780903 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE INCURRED IN GENERATING RENTAL REVENUE IS REPORTED AS AN EXPENSE IN THE AUDITED FINANCIAL STATEMENTS BUT AS A REDUCTION OF RENTAL REVENUE IN THE STATEMENT OF REVENUE IN FORM 990. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE INCURRED IN GENERATING RENTAL REVENUE IS REPORTED AS AN EXPENSE IN THE AUDITED FINANCIAL STATEMENTS BUT AS A REDUCTION OF RENTAL REVENUE IN THE STATEMENT OF REVENUE IN FORM 990. 1 A NEW LEAF INC 2245 W ELLA STREET MESA AZ 85201 860256667 501C3 15000 0 PHX DAY PROGRAM GRANT AMERICAN HEART ASSOCIATION 2929 S 48TH STREET TEMPE AZ 85282 135613797 501C3 65000 0 PHX HEARTWALK SPONSERSHIP ARIZONA CHILDREN'S ASSOCIATION 3636 N CENTRAL AVE SUITE 200 300 PHOENIX AZ 85012 860096772 501C3 20000 0 2021 END OF YEAR GIVING ARIZONA EDUCATIONAL FOUNDATION 2100 N CENTRAL AVE 212 PHOENIX AZ 85004 942937109 501C3 75000 0 PLATINUM SPONSORSHIP, AZ ED FOUNDATION SPONS 2022 ARIZONA HELPING HANDS 3110 EAST THUNDERBIRD ROAD SUITE 100 PHOENIX AZ 85032 860935988 501C3 8000 0 RANDOM ACT OF KINDNESS ARIZONA SUSTAINABILITY ALLIANCE 8205 SOUTH PRIEST DRIVE 11962 TEMPE AZ 85284 821664765 501C3 17500 0 RANDOM ACTS OF KINDNESS ARIZONA YWCA METROPOLITAN PHOENIX 2999 N 44TH STREET SUITE 250 PHOENIX AZ 85018 860098936 501C3 10000 0 2021 END OF YEAR GIVING ASIS INTERNATIONAL PHOENIX CHAPTER 3104 E CAMELBACK RD 560 PHOENIX AZ 85016 866087631 501C3 20000 0 LAW ENFORCEMENT LUNCHEON ASSISTANCE LEAGUE OF PHOENIX 9224 N 5TH STREET PHOENIX AZ 85020 860193883 501C3 45000 0 CELEBRATION OF CARING CPGN, 2022 GALA PRESENTING SPONSOR BBB OF CENTRAL ARIZONA FOUNDATION 1010 E MISSOURI AVE PHOENIX AZ 85014 942860635 501C3 25000 0 BOARD SVC DONATION-G SNEED BILLY'S PLACE INC 21448 N 75TH AVE SUITE 5 GLENDALE AZ 85308 461308048 501C3 15000 0 2021 END OF YEAR GIVING, 2021 HOLIDAY MATCH DONATION CANDELEN 8222 S 48TH ST 120 PHOENIX AZ 85044 860332919 501C3 25000 0 BOARD SVC DONATION-S REGAN, PLAY & LEARN PROGRAM GRANT DESERT FINANCIAL FOUNDATION 148 N 48TH ST PHOENIX AZ 85034 811028132 501C3 286300 0 LAPTOPS 4 LEARNING FUNDRAISER, YC FOUNDATION CTE SCHOLARSHIP, DF GOLF TOURNAMENT SPONSOR, FUNDRAISER MATCH, SCHOLARSHIPS DIOCESAN COUNCIL FOR SOCIETY OF SVDP DIOCESE OF PH 420 W WATKINS ROAD PHOENIX AZ 85003 860096789 501C3 17500 0 DREAM CENTER PROGRAM GRANT, 2021 END OF YEAR GIVING DUET PARTNERS IN HEALTH & AGING 10000 N 31ST AVE D200 PHOENIX AZ 85051 742370522 501C3 10000 0 2021 END OF YEAR GIVING FLAGSTAFF FAMILY FOOD CENTER 1903 N 2ND ST FLAGSTAFF AZ 86004 860754044 501C3 50000 0 RANDOM ACTS OF KINDNESS FLAGSTAFF MEDICAL CENTER PO BOX 1268 FLAGSTAFF AZ 86002 860110232 501C3 15000 0 SPECIAL CARE NURSERY FREE ARTS FOR ABUSED CHILDREN OF AZ 352 E CAMELBACK RD PHOENIX AZ 85012 860739613 501C3 25000 0 BOARD SERVICE DONATION HEALTH FIRST FOUNDATION 1200 N BEAVER ST FLAGSTAFF AZ 86001 813137336 501C3 20000 0 2021 END OF YEAR GIVING HOPE COMMUNITY SERVICES INC 13760 N 93RD AVE SUITE 101 PEORIA AZ 85381 860589516 501C3 10000 0 2021 END OF YEAR GIVING HOUSING SOLUTIONS OF NORTHERN ARIZONA INC 2304 N THIRD ST FLAGSTAFF AZ 86004 860732457 501C3 20000 0 2021 END OF YEAR GIVING HUMBOLDT EDUCATION FOUNDATION INC PO BOX 25606 PRESCOTT VALLEY AZ 86312 473592724 501C3 15000 0 SCHOOL UNIFORMS, AFTERSCHOOL SPORTS PROGRAMS JOHNJAY & RICH LOVEUP FOUNDATION 4340 E INDIAN SCHOOL ROAD 21-524 PHOENIX AZ 85018 261473086 501C3 10000 0 MARKETING SPONSORSHIPS DONATION KEEP PHOENIX BEAUTIFUL INC 200 W WASHINGTON ST 16TH FLOOR PHOENIX AZ 85003 860456964 501C3 8000 0 RANDOM ACT OF KINDNESS LIVE THE SOLUTION DBA EARN TO LEARN 4803 EAST 5TH STREET 215 TUCSON AZ 85711 261151754 501C3 7500 0 EARN TO LEARN PRGM GRANT NATIVE AMERICAN CONNECTIONS INC 2717 N STEVES BLVD SUITE 11 FLAGSTAFF AZ 86004 860293585 501C3 25000 0 YOUTH PROGRAMS GRANT, MENTAL HLTH PRGRM DONATION PAYSON COUNCIL FOR THE MUSICAL ARTS 215 W FRONTIER ST PAYSON AZ 85541 300053320 501C3 6000 0 2022 SPONSORSHIP RENEWAL PEOPLE WHO CARE 147 GROVE AVENUE PRESCOTT AZ 86301 860707449 501C3 10000 0 2021 END OF YEAR GIVING PHOENIX CHILDREN'S HOSPITAL FOUNDATION 1919 E THOMAS RD PHOENIX AZ 85016 742421549 501C3 45200 0 2021 DONATION ABC15 TELETHON, PLAY YELLOW SCHWAB CUP, 2021 DONATION GIVEATHON, 2021 GOLF TOURN DONATION PRESCOTT UNIFIED SCHOOL DISTRICT EDUCATION FOUNDATION 300 E GURLEY ST PRESCOTT AZ 863013823 473380485 501C3 7000 0 TEACHER'S CLOSET SAVE THE FAMILY FOUNDATION OF ARIZONA 125 E UNIVERSITY DR MESA AZ 85201 860665712 501C3 12500 0 CHILDRENS PROGRAMS GRANT SOUTHWEST HUMAN DEVELOPMENT INC 2850 N 24TH ST PHOENIX AZ 85008 860407179 501C3 7500 0 EDUCARE PRGRAM GRANT ST JOSEPH THE WORKER 1125 W JACKSON ST PHOENIX AZ 85002 860600437 501C3 15000 0 TEEN WORKFORCE GRANT TEEN LIFELINE INC PO BOX 10745 PHOENIX AZ 85064 860966427 501C3 10000 0 2021 END OF YEAR GIVING THE LAUNCH PAD TEEN CENTER 302 GROVE AVENUE PRESCOTT AZ 86301 465601468 501C3 15000 0 AFTER SCHL/MENTOR PRGM GRNT TRELLIS 1405 E MCDOWELL RD PHOENIX AZ 85006 510152395 501C3 20000 0 2021 END OF YEAR GIVING UNITED FOOD BANK 245 S NINA DR MESA AZ 85210 860505273 501C3 7500 0 FIT TO FEED SPONS 2021 UNITED FOOD BANK 245 S NINA DR MESA AZ 85210 860505273 501C3 50000 0 RANDOM ACTS OF KINDNESS UNITED WAY OF YAVAPAI COUNTY INC 1678 OAKLAWN DRIVE STE A PRESCOTT AZ 86305 860610730 501C3 15000 0 CTR ORGANIZATIONAL EXCELL GRNT VALLEY OF THE SUN UNITED WAY 3200 E CAMELBACK RD SUITE 375 PHOENIX AZ 85018 860104419 501C3 25000 0 WE ARE UNITED LUNCHEON WEST VALLEY MAVERICKS FOUNDATIONS INC PO BOX 2216 LITCHFIELD PARK AZ 85340 465460916 501C3 25000 0 SILVER PACKAGE SPONSORSHIP YAVAPAI FOOD BANK INC 8866 E LONG MESA DR PRESCOTT VALLEY AZ 86314 860709163 501C3 50000 0 TURKEY MATCH YAVAPAI REGIONAL MEDICAL CENTER FOUNDATION 1003 WILLOW CREEK RD PRESCOTT AZ 863011641 861038463 501C3 6000 0 RANDOM ACTS OF KINDNESS 43 0 FORM 990, SCHEDULE I, PART II MOST OF THE DONATIONS LISTED IN PART II ARE CHARITABLE CONTRIBUTIONS AND NOT GRANTS. HOWEVER IN 2020, DESERT FINANCIAL MODIFIED ITS GRANTMAKING PROGRAM TO IMPROVE IMPACT IN RESPONSE TO THE DIRE SITUATION EXPERIENCED BY OUR COMMUNITY. THE CREDIT UNION SHIFTED ITS COMMUNITY DEVELOPMENT GRANTMAKING PROGRAM TO A COVID-19 EMERGENCY GRANT PROGRAM THAT INCLUDED AN APPLICATION PROCESS WHEREBY A SELECT GROUP OF EXISTING NON-PROFIT PARTNERS WERE INVITED TO SUBMIT A REQUEST FOR FINANCIAL SUPPORT. THE GRANT APPLICATION REQUIRED THAT NON-PROFITS PROVIDE THE FOLLOWING: 1. DESCRIPTION OF HOW THE PANDEMIC IMPACTED THEIR OPERATIONS 2. INTENDED USE OF FUNDS 3. POPULATIONS SERVED 4. ADDITIONAL FUNDING SOURCES SOUGHT 5. REQUESTED AMOUNT 6. CHALLENGES ADDRESSED WITH THE FUNDS 7. IDENTIFICATION OF WHETHER FUNDING WAS PREVIOUSLY RECEIVED THROUGH THE ARIZONA COVID-19 EMERGENCY RESPONSE (VSUW AND ARIZONA COMMUNITY FOUNDATION). 8. IDENTIFICATION OF WHETHER THEY HAD APPLIED FOR A PPP LOAN WITH DESERT FINANCIAL CREDIT UNION 9. SUBMISSION OF THEIR W-9 AND 10. SIGNING OF MEMORANDUM OF UNDERSTANDING ONCE THEY WERE SELECTED FOR FUNDING ORGANIZATIONS WERE GRANTED FUNDS BASED ON THEIR EXISTING RELATIONSHIP (VOLUNTEERING, PRIOR GIVING, FINANCIAL WELLNESS PROGRAMMING), OPERATIONAL SOUNDNESS, CRITICAL NEED, AND WHETHER THEY'D RECEIVED SUPPORT THROUGH OTHER INITIATIVES SUPPORTED BY THE CREDIT UNION. UNDER NORMAL CIRCUMSTANCES, ORGANIZATIONS WOULD COMMIT TO SUBMITTING A FOLLOW-UP AND FINAL REPORT. NATIONALLY, FUNDERS AGREED TO MODIFY REPORTING REQUIREMENTS IN RESPONSE TO THE COVID-19 CRISIS, AND TO MORE QUICKLY AND IMPACTFULLY DISTRIBUTE FUNDS TO NON-PROFITS PROVIDING CRISIS SERVICES. LOCALLY, NON-PROFITS WERE ALREADY HEAVILY IMPACTED BY FURLOUGHS DUE TO THE CANCELLATION OF MANY OF THEIR LARGEST FUNDRAISING EVENTS. AFTER AWARDING THE FUNDS, WE ASKED FOR A BRIEF RECAP AT THE END OF THE YEAR IN LIEU OF INTERIM MONITORING REPORTS. X 1 1 X X X 0 1 0 JEFFREY D MESHEY CEO 885454 0 517667 0 8714 0 965659 0 25675 0 2403169 0 0 0 RONDLE K AMSTUTZ EXECUTIVE VP 445663 0 240406 0 7116 0 696568 0 28202 0 1417955 0 0 0 JEFFREY S BUTLER CEO-SWITCHTHINK SOLUTIONS 512659 0 364845 0 12460 0 10150 0 20928 0 921042 0 0 0 CATHLEEN GRAHAM EXECUTIVE VP 432093 0 208920 0 3861 0 150686 0 11160 0 806720 0 0 0 STEPHEN JORDAN CHIEF REVENUE OFFICER 370789 0 159820 0 1313 0 11600 0 11529 0 555051 0 0 0 GARY SNEED SVP CHIEF LENDING OFFICER 358623 0 170757 0 5155 0 11511 0 2035 0 548081 0 0 0 PAUL WINTERMANTEL FINANCIAL ADVISOR II 1187 0 465002 0 0 0 11225 0 14215 0 491629 0 0 0 SARA K REGAN SVP RISK & GEN COUNSEL 281760 0 145357 0 24754 0 6690 0 26329 0 484890 0 0 0 PARKER RONALD H CHIEF OPS OFC-ST 280830 0 164816 0 1313 0 6013 0 21098 0 474070 0 0 0 THOMAS MARLOWE SVP BACK OFFICE OPS 272450 0 133180 0 1313 0 11600 0 11199 0 429742 0 0 0 JACKIE L BIGGS JR SVP CFO 280313 0 91180 0 954 0 11600 0 12012 0 396059 0 0 0 PART I, LINE 4B IN 2021, THE CREDIT UNION PARTICIPATED IN TWO SUPPLEMENTAL NONQUALIFIED RETIRMENT PLANS. THE BENEFIT LIABILITY RELATED TO THE CEO, JEFFREY D. MESHEY'S RETIRMENT PLAN APPROXIMATED $2,823,400 AS OF DECEMBER 31, 2021. THE BENEFIT LIABILITY RELATED TO THE EXECUTIVE VP, RONDLE K. AMSTUTZ'S RETIRMENT PLAN APPROXIMATED $1,243,600 AS OF DECEMBER 31, 2021. THE BENEFIT LIABILITY RELATED TO THE EXEC VP, CATHLEEN GRAHAM'S RETIREMENT PLAN APPROXIMATED $148,200 AS OF DECEMBER 31, 2021. THE FOLLOWING SERP/LTERP CONTRIBUTIONS WERE MADE AS OF DECEMBER 31, 2021: JEFFREY MERSHEY: $872,347 RONDLE AMSTUTZ: $137,168 CATHLEEN GRAHAM: $123,521 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE, AND VOTING. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED FOR THREE YEAR TERMS BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE MERGERS AND BY-LAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, JEFFREY D. MESHEY AND THE SVP CFO, JACKIE L. BIGGS, JR., WILL REVIEW FORM 990 BEFORE FILING AND PROVIDE A COPY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES MUST DISCLOSE FINANCIAL OR OTHER BUSINESS RELATIONSHIPS THAT MAY CONSTITUTE A CONFLICT OF INTEREST. EMPLOYEES MUST ALSO OBTAIN PRIOR APPROVAL FROM THE CEO, EXECUIVE MANAGEMENT TEAM (EMT) AND GENERAL COUNSEL BEFORE ENGAGING IN OUTSIDE BUSINESS ACTIVITIES FOR COMPENSATION THAT OFFER COMPETING SERVICES TO DESERT FINANCIAL CREDIT UNION. HUMAN RESOURCES INVESTIGATES ALL REPORTS OF CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY THE CREDIT UNION'S BOARD OF DIRECTORS. HUMAN RESOURCES SUPPLIES MULTIPLE THIRD PARTY MARKET SURVEY RESULTS FOR THEIR COMPARABILITY DATA. TOP MANAGEMENT COMPENSATION IS DETERMINED BY THE CEO AND EMT AND UTILIZES MULTIPLE THIRD-PARTY MARKET SURVEY RESULTS FOR COMPARABILITY DATA. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED BY SENIOR MANAGMENT TEAM (SMT)/EMT LEADERS AND UTILIZE MULTIPLE THIRD PARTY MARKET SURVEY RESULTS FOR COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PUBLISHED MONTHLY. ALL OTHER DOCUMENTS AND POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS 949,278. OREO EXPENSE 32,737. PROVISION FOR LOAN LOSS -2,212,344. FORM 990, PART XI, LINE 9: NET CHANGE IN UNREALIZED LOSSES ON POST-RETIREMENT BENEFIT PLAN OBLIGATION 76,372. NET CHANGE IN UNREALIZED LOSSES ON PENSION PLAN OBLIGATION 3,964,626. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. DESERT FINANCIAL HOLDINGS LLC 148 N 48TH ST PHOENIX AZ 85034 851085185 MORTGAGES AZ 25875702 103291745 DESERT FINANCIAL CREDIT UNION DESERT FINANCIAL FOUNDATION 148 N 48TH ST PHOENIX AZ 85034 811028132 FUND RAISING AZ 501(C)(3) LINE 10 DESERT FINANCIAL CREDIT UNION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 DESERT FINANCIAL FOUNDATION B 405933 CASH AND NONCASH CONTRIBUTIONS DESERT FINANCIAL FOUNDATION O 76323 PERCENT OF SALARY