SUNMARK CREDIT UNION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SUNMARK CREDIT UNION (EIN 14-1364933)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202223199349319582
- 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 | 2022-11-15T14:52:10-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 109 N MAIN STREET SUITE 200 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55912 | 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 | 141364933 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNMARK CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUNM | BusinessNameControlTxt |
| Phone | 8667866275 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1187 TROY SCHENECTADY ROAD | AddressLine1Txt |
| City | LATHAM | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHANNA O ROBBINS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8667866275 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHANNA | PersonFirstNm |
| Person Last | ROBBINS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TANYA MEDGAARDEN | PreparerPersonNm |
| PTIN | P01717240 | PTIN |
| Phone | 5074347000 | PhoneNum |
| Preparation | 2022-11-15 | 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 | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANK DEGRAW | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1187 TROY SCHENECTADY ROAD | AddressLine1Txt |
| City | LATHAM | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $63,960,943 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SUNMARK.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CREDIT UNION | OtherOrganizationDsc |
| Formation | 1937 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | WE WORK TOGETHER TO CREATE VALUE AND ENRICH THE LIVES OF OUR MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 330 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $119,008 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $47,150 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $59,715,220 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $63,395,140 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,193,334 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,743,172 | CYInvestmentIncomeAmt |
| PY Other Revenue | $149,552 | PYOtherRevenueAmt |
| CY Other Revenue | $125,556 | CYOtherRevenueAmt |
| PY Total Revenue | $68,058,106 | PYTotalRevenueAmt |
| CY Total Revenue | $61,777,524 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $51,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $80,733 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,306,118 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,164,151 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,067,361 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,481,439 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,596,719 | PYOtherExpensesAmt |
| CY Other Expenses | $26,080,310 | CYOtherExpensesAmt |
| PY Total Expenses | $52,021,198 | PYTotalExpensesAmt |
| CY Total Expenses | $54,806,633 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $16,036,908 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,970,891 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $920,109,210 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,009,786,367 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $848,264,704 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $928,637,751 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,844,506 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $81,148,616 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WE WORK TOGETHER TO CREATE VALUE AND ENRICH THE LIVES OF OUR MEMBERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | LOANS: SUNMARK CREDIT UNION OFFERS LOW INTEREST RATE LOANS AND A VARIETY OF BORROWING OPTIONS TO HELP OUR MEMBERS ACHIEVE THEIR GOALS. SUNMARK CREDIT UNION SERVES OVER 83,000 MEMBERS IN 14 COUNTIES WITHIN NEW YORK STATE TO SUPPORT THEIR FINANCIAL GOALS. WE ALSO OFFER A VARIETY OF WORKSHOPS TO EDUCATE OUR MEMBERS. EXAMPLES OF THE WORKSHOPS INCLUDE: BUDGETING, MANAGING DEBT, SAVING/INVESTING FOR YOUR FUTURE AND HOME BUYING WORKSHOPS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS: SUNMARK CREDIT UNION OFFERS COMPETITIVE DIVIDEND RATES ON CHECKING AND SAVINGS ACCOUNTS FOR OUR MEMBERS. WE OFFER MOBILE BANKING AND ACCESS TO NEARLY 30,000 ATMS AND 5,000 PLUS SHARED BRANCHING LOCATIONS ACROSS THE COUNTRY. | 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 | 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 | Yes (1) | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13744 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 330 | 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 | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | Yes (1) | 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 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHANNA O ROBBINS | PersonNm |
| Phone | 8667866275 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1187 TROY SCHENECTADY ROAD | AddressLine1Txt |
| City | LATHAM | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12110 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAWN DOHERTY | ||||||||
| CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| EDWARD AIDALA | ||||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MATT CUSACK | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RALPH LEBARRON | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| TONY CARDONA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAN HEIM | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY JOHNSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTEN MYERS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PARKER POWELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN HUGICK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT FORNGES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD OBENG | ||||||||
| ASSOCIATE DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANK DEGRAW | ||||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | $466,202 | $0 | $192,247 | |||
| BRYAN DELEHANTY | ||||||||
| EVP/CFO | 40.00 | Yes (X) | $277,591 | $0 | $81,204 | |||
| ANTOINETTE LEBRON | ||||||||
| EVP/COO | 40.00 | Yes (X) | $292,785 | $0 | $52,568 | |||
| DARRYL ENFIELD | ||||||||
| VP/CIO | 40.00 | $214,444 | $0 | $26,293 | Yes (X) | |||
| CHRIS TANTAKIS | ||||||||
| VP MEMBER RELATIONS | 40.00 | $196,109 | $0 | $36,455 | Yes (X) | |||
| SARAH HAMMOND | ||||||||
| CHIEF RISK OFFICER | 40.00 | $197,880 | $0 | $24,113 | Yes (X) | |||
| PAUL KELLY | ||||||||
| CHIEF HUMAN RESOURCES OFFICER | 40.00 | $178,892 | $0 | $25,941 | Yes (X) | |||
| JAYANT SINGH | ||||||||
| BUSINESS LOAN OFFICER | 40.00 | $153,606 | $0 | $50,368 | Yes (X) | |||
| JERILEE BEAUDOIN | ||||||||
| CHIEF LENDING OFFICER | 40.00 | $189,099 | $0 | $0 | Yes (X) | |||
| AMBER COOLEEN | ||||||||
| CHIEF MARKETING OFFICER | 40.00 | $165,625 | $0 | $5,403 | Yes (X) | |||
| AMANDA ST GEORGE | ||||||||
| MORTGAGE ORIGINATOR | 40.00 | $343,695 | $0 | $21,492 | Yes (X) | |||
| ELIZABETH JACOBSEN | ||||||||
| BUSINESS DEVELOPMENT ORIGI | 40.00 | $311,349 | $0 | $50,542 | Yes (X) | |||
| ANDREW J RUBINO | ||||||||
| MORTGAGE ORIGINATOR | 40.00 | $249,879 | $0 | $10,259 | Yes (X) | |||
| JEFFREY E MILLER | ||||||||
| VP OF SALES | 40.00 | $193,483 | $0 | $56,010 | Yes (X) | |||
| JASON SOLGHAN | ||||||||
| BUSINESS DEVELOPMENT ORIGI | 40.00 | $198,812 | $0 | $18,689 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,629,451 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $651,584 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 45 | 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 |
|---|---|---|---|---|---|
| FISERV INC | |||||
| PO BOX 934057 | ATLANTA | GA | 31193 | PROVIDES FINANCIAL TECHNOLOGY | $1,866,020 |
| MASTER CARD | |||||
| 2000 PURCHASE ST | PURCHASE | NY | 10577 | CARD PAYMENT & ATM SERVICES | $1,821,294 |
| NCR CORPORATION | |||||
| PO BOX 740641 | LOS ANGELES | CA | 90074 | PROVIDES FLEXIBLE BANKING CONNECTIONS | $1,704,291 |
| IREM SOLUTIONS INC | |||||
| 7221 DELAINEY CT UNIT 11 | LAKEWOOD RANCH | FL | 34240 | APPRAISAL SERVICES | $658,600 |
| JACK HENRY & ASSOCIATES INC | |||||
| PO BOX 609 | MONETT | MO | 65708 | ATM & DEBIT CARD AUTHORIZATION | $467,118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $34,738,960 | $34,738,960 | |
| OTHER OPERATING INCOM | 522100 | $17,176,252 | $17,176,252 | |
| FEE INCOME | 522100 | $11,479,928 | $11,360,920 | $119,008 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $63,395,140 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $414,753 | TotalRevenueColumnAmt |
| Exclusion | $414,753 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $25,494 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,183,419 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,183,419 | SecuritiesAmt |
| Other | $25,494 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,157,925 | TotalRevenueColumnAmt |
| Exclusion | -$2,157,925 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-OPERATING INCOME | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $125,556 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $125,556 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $125,556 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,777,524 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $63,401,688 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $119,008 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$1,743,172 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,733 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,164,151 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,826,825 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,512,757 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $861,578 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,730,295 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,549,984 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,852 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,008 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,471,909 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,452,480 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,617,460 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,801,263 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,591 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,812 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,827,124 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN SERVICING EXPENSE | $4,501,888 |
| PROVISION FOR LOAN LOSS | $2,485,000 |
| OPERATING FEES | $73,089 |
| MISC. OPERATING EXPENSE | $48,834 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,806,633 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,548,071 | BOYAmt |
| EOY | $10,215,055 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,199,652 | BOYAmt |
| EOY | $114,353,124 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,857,953 | BOYAmt |
| EOY | $13,128,151 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $707,213,655 | BOYAmt |
| EOY | $797,803,777 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,887,926 | BOYAmt |
| EOY | $2,888,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $41,367,385 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,816,228 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,277,210 | BOYAmt |
| EOY | $25,551,157 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $9,554,411 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,477,457 | BOYAmt |
| EOY | $3,569,256 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,375 | BOYAmt |
| EOY | $48,795 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,565,911 | BOYAmt |
| EOY | $32,674,358 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,109,210 | BOYAmt |
| EOY | $1,009,786,367 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,013,208 | BOYAmt |
| EOY | $4,614,062 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,799 | BOYAmt |
| EOY | $9,498 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,719,735 | BOYAmt |
| EOY | $4,719,439 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $831,512,962 | BOYAmt |
| EOY | $919,294,752 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $848,264,704 | BOYAmt |
| EOY | $928,637,751 | 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 | $71,844,506 | BOYAmt |
| EOY | $81,148,616 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,844,506 | BOYAmt |
| EOY | $81,148,616 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,109,210 | BOYAmt |
| EOY | $1,009,786,367 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,970,891 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,333,219 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $95 | PoliticalExpendituresAmt |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAPITAL REGION CHAMBER | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 COMPUTER DRIVE SOUTH | AddressLine1Txt |
| City | COLONIE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 122051608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474159612 | EIN |
| Contributions Rcvd Dlvr | $95 | ContributionsRcvdDlvrAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | PAC CONTRIBUTION TO CAPITAL REGION CHAMBER | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,581,233 | OtherCostOrOtherBasisAmt |
| Book Value | $5,581,233 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,699,276 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,810,691 | DepreciationAmt |
| Book Value | $13,888,585 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $384,931 | OtherCostOrOtherBasisAmt |
| Depreciation | $328,483 | DepreciationAmt |
| Book Value | $56,448 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,914,170 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,629,353 | DepreciationAmt |
| Book Value | $5,284,817 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $787,775 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,701 | DepreciationAmt |
| Book Value | $740,074 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,551,157 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)
| DescDesc | AmtAmt |
|---|---|
| NON-TRADING DERIVATIVE LIABILITY | $12,773 |
| SHARE DRAFT | $234,031,920 |
| REGULAR SHARES | $391,515,297 |
| MONEY MARKET SHARES | $145,358,888 |
| SHARE CERTIFICATES | $114,338,768 |
| IRA ACCOUNTS | $18,632,767 |
| OTHER SHARES | $866,339 |
| NONMEMBER DEPOSITS | $14,538,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $919,294,752 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $61,777,524 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $61,777,524 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $61,777,524 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $54,806,633 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $54,806,633 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $54,806,633 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION. STATE CHARTERED CREDIT UNIONS ARE EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)14. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE, INCLUDING UNREALTED BUISNESS INCOME TAXES (UBIT). THE CREDIT UNION EVALUATED ITS TAX POSITION AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2021 AND SEPTEMBER 30, 2020. THE CREDIT UNION'S 2018 THROUGH 2020 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STAE TAXING AUTHORITITIES. THE INCOME FROM THE CUSO, ORGANIZAED AS AN LLC, FLOWS THROUGH TO THE CREDIT UNION AND, THEREFORE, IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAPITAL REGION CHAMBER FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 COMPUTER DR SOUTH | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 141736856 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $16,500 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | 2021 ENTREPENEUR BOOT CAMP SPONSORSHIP | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS OR ASSISTANCE IS TRACKED IN INTERNAL SYSTEMS THROUGH THE ANNUAL BUDGETING PROCESS, AS WELL AS ROUTINE DEPARTMENTAL MONITORING. SUNMARK HAS A STANDARD PROCESS AND ESTABLISHED CRITERIA FOR GRANTS. FIRST, GRANT RECIPIENTS MUST SERVE A POPULATION WITHIN OUR 14-COUNTY CHARTER AREA. NEXT, FUNDS MUST BE USED TO SUPPORT FINANCIAL LITERACY/EDUCATION AND/OR IMPROVE THE QUALITY OF LIFE FOR THOSE IN NEED. ALL ORGANIZATIONS ARE REQUIRED TO PROVIDE FORM W-9. NON-PROFIT STATUS OF ORGANIZATIONS IS VALIDATED THROUGH PUBLICLY AVAILABLE RESOURCES SUCH AS THE NY STATE CHARITIES BUREAU, CANDID/GUIDESTAR, OR IRS PUBLICATION 78. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 (15 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANK DEGRAW | ||||||||||||||
| PRESIDENT/CEO | $386,075 | $0 | $56,667 | $0 | $23,460 | $0 | $164,027 | $0 | $28,220 | $0 | $658,449 | $0 | $0 | $0 |
| AMANDA ST GEORGE | ||||||||||||||
| MORTGAGE ORIGINATOR | $61,627 | $0 | $282,068 | $0 | $0 | $0 | $12,529 | $0 | $8,963 | $0 | $365,187 | $0 | $0 | $0 |
| ELIZABETH JACOBSEN | ||||||||||||||
| BUSINESS DEVELOPMENT ORIGI | $6,417 | $0 | $304,932 | $0 | $0 | $0 | $22,053 | $0 | $28,489 | $0 | $361,891 | $0 | $0 | $0 |
| BRYAN DELEHANTY | ||||||||||||||
| EVP/CFO | $218,803 | $0 | $53,328 | $0 | $5,460 | $0 | $54,465 | $0 | $26,739 | $0 | $358,795 | $0 | $0 | $0 |
| ANTOINETTE LEBRON | ||||||||||||||
| EVP/COO | $241,650 | $0 | $45,675 | $0 | $5,460 | $0 | $40,855 | $0 | $11,713 | $0 | $345,353 | $0 | $0 | $0 |
| ANDREW J RUBINO | ||||||||||||||
| MORTGAGE ORIGINATOR | $67,947 | $0 | $181,932 | $0 | $0 | $0 | $1,256 | $0 | $9,003 | $0 | $260,138 | $0 | $0 | $0 |
| JEFFREY E MILLER | ||||||||||||||
| VP OF SALES | $92,960 | $0 | $95,063 | $0 | $5,460 | $0 | $30,271 | $0 | $25,739 | $0 | $249,493 | $0 | $0 | $0 |
| DARRYL ENFIELD | ||||||||||||||
| VP/CIO | $171,149 | $0 | $37,835 | $0 | $5,460 | $0 | $8,736 | $0 | $17,557 | $0 | $240,737 | $0 | $0 | $0 |
| CHRIS TANTAKIS | ||||||||||||||
| VP MEMBER RELATIONS | $156,899 | $0 | $33,750 | $0 | $5,460 | $0 | $9,716 | $0 | $26,739 | $0 | $232,564 | $0 | $0 | $0 |
| SARAH HAMMOND | ||||||||||||||
| CHIEF RISK OFFICER | $130,688 | $0 | $33,773 | $0 | $33,419 | $0 | $4,229 | $0 | $19,884 | $0 | $221,993 | $0 | $0 | $0 |
| JASON SOLGHAN | ||||||||||||||
| BUSINESS DEVELOPMENT ORIGI | $6,799 | $0 | $192,013 | $0 | $0 | $0 | $9,726 | $0 | $8,963 | $0 | $217,501 | $0 | $0 | $0 |
| PAUL KELLY | ||||||||||||||
| CHIEF HUMAN RESOURCES OFFICER | $170,151 | $0 | $3,281 | $0 | $5,460 | $0 | $202 | $0 | $25,739 | $0 | $204,833 | $0 | $0 | $0 |
| JAYANT SINGH | ||||||||||||||
| BUSINESS LOAN OFFICER | $123,771 | $0 | $24,375 | $0 | $5,460 | $0 | $30,471 | $0 | $19,897 | $0 | $203,974 | $0 | $0 | $0 |
| JERILEE BEAUDOIN | ||||||||||||||
| CHIEF LENDING OFFICER | $180,264 | $0 | $3,375 | $0 | $5,460 | $0 | $0 | $0 | $0 | $0 | $189,099 | $0 | $0 | $0 |
| AMBER COOLEEN | ||||||||||||||
| CHIEF MARKETING OFFICER | $141,396 | $0 | $18,769 | $0 | $5,460 | $0 | $5,203 | $0 | $200 | $0 | $171,028 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FRANK DEGRAW - GOLF MEMBERSHIP DUES - $3,780 |
| PART I, LINE 4B | THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(B) PLAN: FRANK DEGRAW MARY KAY JANDREW |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS OF THE CREDIT UNION LIVE, WORK, GO TO SCHOOL OR WORSHIP IN THE 14 COUNTY AREA THE CREDIT UNION SERVES. THIS INCLUDES EMPLOYEES OF SELECT EMPLOYER GROUP MEMBERS AND FAMILY MEMBERS OF ELIGIBLE INDIVIDUALS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | A MEMBER VOTE IS REQUIRED TO APPOINT DIRECTORS AND A SPECIAL MEETING CAN BE CALLED FOR MEMBERS TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WILL BE REVIEWED BY THE BOARD CHAIRPERSON AND THE CFO BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY THE BOARD MUST ACKNOWLEDGE AND DISCLOSE ANY CONFLICT OF INTEREST PER THE CODE OF ETHICAL CONDUCT. ALL EMPLOYEES ARE REQUIRED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND AGREE THAT THEY WILL COMPLY WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE SUNMARK CREDIT UNION'S COMPENSATION COMMITTEE USING VARIOUS INDUSTRY-SPECIFIC COMPENSATION STUDIES AND OTHER DATA AVAILABLE IN THE PUBLIC ARENA INCLUDING PROXY STATEMENTS & OTHER FORMS 990. THE COMPENSATION COMMITTE MAKES A FORMAL RECOMMENDATION TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. COMPENSATION FOR ALL OTHER KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO USING ANNUALLY UPDATED SALARY RANGES AND BENCHMARKING DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN OTHER COMPREHENSIVE INCOME 2,333,219. |
| FORM 990, PART XII, LINE 2C: | ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. NO CHANGES FROM PREVIOUS YEARS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| HORIZON SERVICE ORGANIZATION LLC | ||||||||
| 1187 TROY SCHENECTADY ROAD | LATHAM | NY | 12110 | HOLDING COMPANY FOR SUNMARK INVESTMENT IN CUSO ENTITIES | NY | $619 | $1,014,884 | SUNMARK CREDIT UNION |
| SIS INSURANCE & FINANCIAL LLC | ||||||||
| 1187 TROY SCHENECTADY ROAD | LATHAM | NY | 12110 | INSURANCE SERVICES | NY | $1,094,552 | $120,293 | HORIZON SERVICE ORGANIZATION LLC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNMARK CHARITABLE COMMUNITY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1187 TROY SCHENECTADY ROAD | AddressLine1Txt |
| City | LATHAM | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473713204 | EIN |
| Primary Activities | FINANCIAL CONTRIBUTIONS, IN-KIND SERVICES AND VOLUNTEER SUPPORT TO NONPROFIT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNMARK CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | 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 | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |