KEYPOINT CREDIT UNION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KEYPOINT CREDIT UNION (EIN 94-2600376)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202103159349303765
- Schema version
- 2020v4.1
- 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 | 2021-11-11T11:17:09-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 20 EAST THOMAS ROAD SUITE 2300 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942600376 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEYPOINT CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KEYP | BusinessNameControlTxt |
| Phone | 4087314100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2805 BOWERS AVENUE | AddressLine1Txt |
| City | SANTA CLARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95051 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRENT MCILHANEY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4087314100 | PhoneNum |
| Signature | 2021-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TRENT | PersonFirstNm |
| Person Last | MCILHANEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY C GREEN | PreparerPersonNm |
| PTIN | P00447183 | PTIN |
| Phone | 6022662248 | PhoneNum |
| Preparation | 2021-11-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | T BRADFORD CANFIELD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2805 BOWERS AVENUE | AddressLine1Txt |
| City | SANTA CLARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95051 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $51,594,856 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.KPCU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 214 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $806,103 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,710,724 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,866,014 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,189,411 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,626,895 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,086,932 | PYOtherRevenueAmt |
| CY Other Revenue | $815,813 | CYOtherRevenueAmt |
| PY Total Revenue | $55,987,067 | PYTotalRevenueAmt |
| CY Total Revenue | $51,308,722 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $32,030 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,469,465 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $4,074,535 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,762,140 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,079,513 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,234,444 | PYOtherExpensesAmt |
| CY Other Expenses | $22,647,700 | CYOtherExpensesAmt |
| PY Total Expenses | $52,479,549 | PYTotalExpensesAmt |
| CY Total Expenses | $48,833,778 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,507,518 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,474,944 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,295,433,092 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,496,633,127 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,186,653,340 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,382,499,763 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $108,779,752 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $114,133,364 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KEYPOINT CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT COMPETITIVE RATES OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, KEYPOINT CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFIT, OR SERVICE OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | ACCOMPLISHMENT OF EXCELLENT LOAN SERVICES TO MEMBERS AND LOAN PORTFOLIO GROWTH THROUGH THE ORIGINATION OF CONSUMER AND MORTGAGE LOANS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCOMPLISHMENT OF TARGET GOALS IN MEMBER GROWTH (ACQUISITION OF NEW MEMBERS). | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SATISFACTION IN CONNECTION WITH SERVICES PERTAINING TO CHECKING/SAVINGS ACCOUNTS, ATTRACTIVE CD RATES, IRA AND MONEY MARKET ACCOUNTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13829 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 214 | 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRENT MCILHANEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4087314118 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2805 BOWERS AVE | AddressLine1Txt |
| City | SANTA CLARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95051 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 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 |
|---|---|---|---|---|---|---|---|---|---|
| T BRADFORD CANFIELD | |||||||||
| PRESIDENT & CEO | 50.00 | 0.10 | Yes (X) | $607,681 | $0 | $32,433 | |||
| TRENT MCILHANEY | |||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | Yes (X) | $409,129 | $0 | $32,433 | ||||
| GINA CORDERO | |||||||||
| MORTGAGE LOAN MANAGER | 40.00 | $404,877 | $0 | $32,433 | Yes (X) | ||||
| VI LUU | |||||||||
| CHIEF LENDING OFFICER | 50.00 | 0.10 | Yes (X) | $406,714 | $0 | $21,019 | |||
| LEEANNE GIBLIN | |||||||||
| CHIEF HUMAN RESOURCES OFFICER | 50.00 | Yes (X) | $365,694 | $0 | $31,378 | ||||
| RAUL NIEVES JR | |||||||||
| SR MORTGAGE LOAN OFFICER | 40.00 | $311,308 | $0 | $32,433 | Yes (X) | ||||
| STEVEN WEILER | |||||||||
| SVP COMMERCIAL BANKINGS | 50.00 | $291,115 | $0 | $7,958 | Yes (X) | ||||
| HOLY Q DO | |||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $244,595 | $0 | $17,445 | Yes (X) | ||||
| DOUGLAS SCHROCK | |||||||||
| VP FINANCE | 50.00 | $221,402 | $0 | $23,586 | Yes (X) | ||||
| LAWRENCE SCOFFIELD | |||||||||
| VP CORPORATE ADMIN | 50.00 | $212,982 | $0 | $23,333 | Yes (X) | ||||
| MARSHA BERLINSKI | |||||||||
| VP RE LENDING | 50.00 | $220,920 | $0 | $9,548 | Yes (X) | ||||
| ROGER ALVARADO | |||||||||
| DIR. SALES, RE LENDING | 40.00 | $203,637 | $0 | $16,469 | Yes (X) | ||||
| ARIE ELKINS | |||||||||
| CHIEF INFORMATION SECURITY OFFICER | 50.00 | $180,413 | $0 | $27,385 | Yes (X) | ||||
| VICTOR SMILGYS | |||||||||
| VP IT E-SERVICES | 50.00 | $184,298 | $0 | $22,830 | Yes (X) | ||||
| HERMAN WHITE | |||||||||
| DIR. COMM BANKING OPS | 40.00 | $196,294 | $0 | $9,794 | Yes (X) | ||||
| JOSHUA HERZOG | |||||||||
| VP OPS & MEMBER EXPERIENCE | 50.00 | $175,813 | $0 | $26,171 | Yes (X) | ||||
| DORON NOYMAN | |||||||||
| VP SALES & DEVELOPMENT | 50.00 | $159,108 | $0 | $27,844 | Yes (X) | ||||
| ANTHONY VITALE | |||||||||
| CHIEF INFORMATION OFFICER | 50.00 | Yes (X) | $125,492 | $0 | $11,292 | ||||
| GREGORY EBY | |||||||||
| DIRECTOR | 5.00 | $7,784 | $0 | $0 | Yes (X) | ||||
| JOHN TOM | |||||||||
| DIRECTOR | 5.00 | $7,784 | $0 | $0 | Yes (X) | ||||
| ROBERT LERNER | |||||||||
| DIRECTOR | 5.00 | $7,580 | $0 | $0 | Yes (X) | ||||
| BALJINDER SANDHU | |||||||||
| CHAIRPERSON | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| KEITH STATTENFIELD | |||||||||
| VICE CHAIRPERSON | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| MARSHA POENISH | |||||||||
| SECRETARY & TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| GARY GARCIA | |||||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | ||||
| LINDA CHEW | |||||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | ||||
| LESLIE GUIDICE | |||||||||
| DIRECTOR | 5.00 | $0 | $0 | $0 | Yes (X) | ||||
| BUNNINDER FALAK | |||||||||
| DIRECTOR (THROUGH 9/20) | 5.00 | $0 | $0 | $0 | Yes (X) | ||||
| SARANDEEP MANDAIR | |||||||||
| DIRECTOR (THROUGH 6/20) | 5.00 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,944,620 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $405,784 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 60 | 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 | |||||
| 455 WINDING BROOK DRIVE | GLASTONBURY | CT | 06033 | CORE SYSTEM SERVICING | $1,380,174 |
| CU COOPERATIVE SYSTEMS INC | |||||
| 9692 HAVEN AVENUE | RANCHO CUCAMONGA | CA | 91730 | DEBIT AND CREDIT CARD NETWORK SERVICING | $681,194 |
| SHI INTERNATIONAL CORP | |||||
| PO BOX 952121 | DALLAS | TX | 753952121 | CORE SYSTEM SERVICING | $638,578 |
| VISA DPS | |||||
| PO BOX 60000 | SAN FRANCISCO | CA | 94160 | DEBIT AND CREDIT CARD NETWORK SERVICING | $463,062 |
| ROBERT HALF INTERNATIONAL INC | |||||
| PO BOX 743295 | LOS ANGELES | CA | 900743295 | HR-TEMP HELP | $435,392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 23 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $37,426,358 | $37,426,358 | |
| GAIN ON SALE OF LOANS | 522100 | $3,169,452 | $3,169,452 | |
| FEE INCOME | 522100 | $2,595,716 | $2,575,298 | $20,418 |
| INTERCHANGE INCOME | 522100 | $2,403,029 | $2,326,527 | $76,502 |
| WEALTH MANAGEMENT | 523920 | $685,580 | $685,580 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $585,879 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $585,879 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,866,014 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,640,175 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $23,603 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,616,572 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $788,437 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $272,854 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $515,583 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $515,583 | TotalRevenueColumnAmt |
| Exclusion | $515,583 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $13,280 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$13,280 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,280 | TotalRevenueColumnAmt |
| Exclusion | -$13,280 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $300,230 | TotalRevenueColumnAmt |
| Exclusion | $300,230 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $300,230 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,308,722 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,083,514 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $806,103 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,419,105 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,030 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,074,535 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,881,117 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,399,654 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,375 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,934,508 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,333,859 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,878 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,141 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,012,752 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $590,946 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,871,739 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,469,424 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,310 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,544,940 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,219,089 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR LOAN LOSS | $3,737,000 |
| LOAN SERVICING | $1,445,312 |
| ATM EXPENSES | $638,275 |
| MISCELLANEOUS | $578,894 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,833,778 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,114,251 | BOYAmt |
| EOY | $12,669,713 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,482,879 | BOYAmt |
| EOY | $123,462,147 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $677,439 | BOYAmt |
| EOY | $3,336,643 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,958,423 | BOYAmt |
| EOY | $15,158,094 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $995,290,758 | BOYAmt |
| EOY | $1,022,553,521 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,807,157 | BOYAmt |
| EOY | $2,826,363 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $29,698,815 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,246,273 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,378,730 | BOYAmt |
| EOY | $5,452,542 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,208,864 | BOYAmt |
| EOY | $264,824,833 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,568,482 | BOYAmt |
| EOY | $8,913,770 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,946,109 | BOYAmt |
| EOY | $37,435,501 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,295,433,092 | BOYAmt |
| EOY | $1,496,633,127 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,378,264 | BOYAmt |
| EOY | $19,103,325 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,509 | BOYAmt |
| EOY | $4,283 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,038,523 | BOYAmt |
| EOY | $1,232,929 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,000,000 | BOYAmt |
| EOY | $139,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,045,229,044 | BOYAmt |
| EOY | $1,223,159,226 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,186,653,340 | BOYAmt |
| EOY | $1,382,499,763 | 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 | $108,779,752 | BOYAmt |
| EOY | $114,133,364 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,779,752 | BOYAmt |
| EOY | $114,133,364 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,295,433,092 | BOYAmt |
| EOY | $1,496,633,127 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,474,944 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,772,961 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $105,707 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,542,654 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,919,462 | DepreciationAmt |
| Book Value | $623,192 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,156,161 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,326,811 | DepreciationAmt |
| Book Value | $4,829,350 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,452,542 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERS' SHARES | Desc |
| Amt | $1,223,159,226 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,223,159,226 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | CUSTODIAL ACCOUNTS FOR FHLB PROGRAM LOAN SERVICER AND ESCROW ACCOUNT RELATED TO HAZARD INSURANCE AND PROPERTY TAX ON MORTGAGE LOAN PROPERTIES. |
| PART X, LINE 2: | THE CREDIT UNION IS EXEMPT, UNDER IRC 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE THAT HAVE RESULTED IN NO TAXES PAID FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2020 AND 2019. THE CREDIT UNION'S 2017 THROUGH 2019 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| 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 |
| 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 (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T BRADFORD CANFIELD | ||||||||||||||
| PRESIDENT & CEO | $507,243 | $0 | $95,997 | $0 | $4,441 | $0 | $11,400 | $0 | $21,033 | $0 | $640,114 | $0 | $0 | $0 |
| TRENT MCILHANEY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $323,019 | $0 | $66,318 | $0 | $19,792 | $0 | $11,400 | $0 | $21,033 | $0 | $441,562 | $0 | $0 | $0 |
| GINA CORDERO | ||||||||||||||
| MORTGAGE LOAN MANAGER | $55,280 | $0 | $347,417 | $0 | $2,180 | $0 | $11,400 | $0 | $21,033 | $0 | $437,310 | $0 | $0 | $0 |
| VI LUU | ||||||||||||||
| CHIEF LENDING OFFICER | $310,000 | $0 | $65,995 | $0 | $30,719 | $0 | $11,400 | $0 | $9,619 | $0 | $427,733 | $0 | $0 | $0 |
| LEEANNE GIBLIN | ||||||||||||||
| CHIEF HUMAN RESOURCES OFFICER | $262,647 | $0 | $77,391 | $0 | $25,656 | $0 | $11,400 | $0 | $19,978 | $0 | $397,072 | $0 | $0 | $0 |
| RAUL NIEVES JR | ||||||||||||||
| SR MORTGAGE LOAN OFFICER | $32,864 | $0 | $275,871 | $0 | $2,573 | $0 | $11,400 | $0 | $21,033 | $0 | $343,741 | $0 | $0 | $0 |
| STEVEN WEILER | ||||||||||||||
| SVP COMMERCIAL BANKINGS | $147,436 | $0 | $130,845 | $0 | $12,834 | $0 | $7,958 | $0 | $0 | $0 | $299,073 | $0 | $0 | $0 |
| HOLY Q DO | ||||||||||||||
| MORTGAGE LOAN OFFICER | $30,000 | $0 | $209,094 | $0 | $5,501 | $0 | $9,762 | $0 | $7,683 | $0 | $262,040 | $0 | $0 | $0 |
| DOUGLAS SCHROCK | ||||||||||||||
| VP FINANCE | $192,559 | $0 | $20,339 | $0 | $8,504 | $0 | $8,968 | $0 | $14,618 | $0 | $244,988 | $0 | $0 | $0 |
| LAWRENCE SCOFFIELD | ||||||||||||||
| VP CORPORATE ADMIN | $176,340 | $0 | $19,045 | $0 | $17,597 | $0 | $8,630 | $0 | $14,703 | $0 | $236,315 | $0 | $0 | $0 |
| MARSHA BERLINSKI | ||||||||||||||
| VP RE LENDING | $177,959 | $0 | $27,011 | $0 | $15,950 | $0 | $8,837 | $0 | $711 | $0 | $230,468 | $0 | $0 | $0 |
| ROGER ALVARADO | ||||||||||||||
| DIR. SALES, RE LENDING | $55,000 | $0 | $147,636 | $0 | $1,001 | $0 | $8,193 | $0 | $8,276 | $0 | $220,106 | $0 | $0 | $0 |
| ARIE ELKINS | ||||||||||||||
| CHIEF INFORMATION SECURITY OFFICER | $172,656 | $0 | $6,237 | $0 | $1,520 | $0 | $7,217 | $0 | $20,168 | $0 | $207,798 | $0 | $0 | $0 |
| VICTOR SMILGYS | ||||||||||||||
| VP IT E-SERVICES | $169,863 | $0 | $0 | $0 | $14,435 | $0 | $7,313 | $0 | $15,517 | $0 | $207,128 | $0 | $0 | $0 |
| HERMAN WHITE | ||||||||||||||
| DIR. COMM BANKING OPS | $168,403 | $0 | $21,671 | $0 | $6,220 | $0 | $7,958 | $0 | $1,836 | $0 | $206,088 | $0 | $0 | $0 |
| JOSHUA HERZOG | ||||||||||||||
| VP OPS & MEMBER EXPERIENCE | $157,990 | $0 | $15,457 | $0 | $2,366 | $0 | $7,299 | $0 | $18,872 | $0 | $201,984 | $0 | $0 | $0 |
| DORON NOYMAN | ||||||||||||||
| VP SALES & DEVELOPMENT | $136,254 | $0 | $22,094 | $0 | $760 | $0 | $6,364 | $0 | $21,480 | $0 | $186,952 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | IN 2020, A HOUSING ALLOWANCE OF $2,000 WAS PAID TO A MEMBER OF MANAGEMENT AND TREATED AS TAXABLE COMPENSATION. HEALTH CLUB DUES ARE PAID FOR SEVERAL OFFICERS AND ARE TREATED AS TAXABLE COMPENSATION FOR ANY PERSONAL USE. |
| PART I, LINE 4B | THE CREDIT UNION HAS MADE RECOURSE LOANS FOR LIFE INSURANCE PREMIUM PAYMENTS TO A MEMBER OF SENIOR MANAGEMENT. THE LOANS ARE COLLATERALIZED BY THE ASSIGNMENT OF THE CASH SURRENDER VALUE OF THE RESPECTIVE LIFE INSURANCE POLICIES AND THE ANNUITY CONTRACTS SET UP TO PAY THE LIFE INSURANCE PREMIUMS. THE POLICIES ARE OWNED BY THE EXECUTIVE AND THE EXECUTIVE HAS SOLE CONTROL OVER THE LISTED BENEFICIARIES. AT THE TIME OF RETIREMENT, THE LOAN BECOMES DUE AND PAYABLE AND CAN BE PAID WITH THE CASH VALUE OF THE LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS, OR WITH OTHER PERSONAL FUNDS AT THE EXECUTIVE'S DISCRETION. THE OUTSTANDING LOAN BALANCES, PLUS ACCRUED INTEREST, WAS $9,135,941 AT DECEMBER 31, 2020. TED CANFIELD PARTICIPATED IN A 457(F) PLAN IN PRIOR YEARS AND THE PLAN WAS CONVERTED INTO A SPLIT DOLLAR LIFE INSURANCE PLAN IN 2018. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (19 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| ARIE C ELKINS | |||||||
| CHIEF INFORMATION SECURITY OFFICER | 1ST MORTGAGE | Yes (X) | $625,000 | $529,183 | 0 | Yes (1) | Yes (1) |
| ARIE C ELKINS | |||||||
| CHIEF INFORMATION SECURITY OFFICER | HELOC | Yes (X) | $30,000 | $10,733 | 0 | Yes (1) | Yes (1) |
| DORON NOYMAN | |||||||
| VP SALES & DEVELOPMENT | 1ST MORTGAGE | Yes (X) | $400,000 | $397,861 | 0 | Yes (1) | Yes (1) |
| DOUGLAS SCHROCK | |||||||
| VP FINANCE | HELOC | Yes (X) | $300,000 | $119,480 | 0 | Yes (1) | Yes (1) |
| GINA CORDERO | |||||||
| MORTGAGE LOAN MANAGER | MORTGAGE | Yes (X) | $689,000 | $689,000 | 0 | Yes (1) | Yes (1) |
| HOLLY Q DO | |||||||
| MORTGAGE LOAN OFFICER | MORTGAGE | Yes (X) | $220,000 | $175,550 | 0 | Yes (1) | Yes (1) |
| JOSHUA HERZOG | |||||||
| VP OF OPS AND MEMBER EXPERIENCE | AUTO LOAN | Yes (X) | $44,570 | $39,721 | 0 | Yes (1) | Yes (1) |
| LAWRENCE D SCOFIELD | |||||||
| VP CORPORATE ADMIN | HELOC | Yes (X) | $200,000 | $2,109 | 0 | Yes (1) | Yes (1) |
| LAWRENCE D SCOFIELD | |||||||
| VP CORPORATE ADMIN | 1ST MORTGAGE | Yes (X) | $102,500 | $102,011 | 0 | Yes (1) | Yes (1) |
| LAWRENCE D SCOFIELD | |||||||
| VP CORPORATE ADMIN | AUTO LOAN | Yes (X) | $20,001 | $11,497 | 0 | Yes (1) | Yes (1) |
| MARSHA BERLINSKI | |||||||
| VP RE LENDING | MORTGAGE | Yes (X) | $970,000 | $941,917 | 0 | Yes (1) | Yes (1) |
| T BRADFORD CANFIELD | |||||||
| PRESIDENT & CEO | SPLIT DOLLAR | Yes (X) | $8,478,878 | $9,135,941 | 0 | Yes (1) | Yes (1) |
| T BRADFORD CANFIELD | |||||||
| PRESIDENT & CEO | MORTGAGE | Yes (X) | $1,200,000 | $1,122,677 | 0 | Yes (1) | Yes (1) |
| TRENT MCILHANEY | |||||||
| CHIEF FINANCIAL OFFICER | MORTGAGE | Yes (X) | $1,028,000 | $1,000,340 | 0 | Yes (1) | Yes (1) |
| TRENT MCILHANEY | |||||||
| CHIEF FINANCIAL OFFICER | AUTO LOAN | Yes (X) | $41,469 | $41,047 | 0 | Yes (1) | Yes (1) |
| TRENT MCILHANEY | |||||||
| CHIEF FINANCIAL OFFICER | AUTO LOAN | Yes (X) | $24,708 | $19,228 | 0 | Yes (1) | Yes (1) |
| VI LUU | |||||||
| CHIEF LENDING OFFICER | MORTGAGE | Yes (X) | $585,000 | $556,216 | 0 | Yes (1) | Yes (1) |
| VICTOR SMILGYS | |||||||
| VP IT E-SERVICES | AUTO LOAN | Yes (X) | $28,782 | $5,313 | 0 | Yes (1) | Yes (1) |
| VICTOR SMILGYS | |||||||
| VP IT E-SERVICES | MORTGAGE | Yes (X) | $270,000 | $258,270 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $15,158,094 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE CREDIT UNION HAS AN EXECUTIVE COMMITTEE CONSISTING OF NO FEWER THAN THREE (3) DIRECTORS. THE COMMITTEE HAS THE POWER TO APPROVE MEMBERSHIP APPLICATIONS. WITH THE WRITTEN APPROVAL OF THE COMMISSIONER, THE EXECUTIVE COMMITTEE MAY ACT FOR THE BOARD OF DIRECTORS IN THE PURCHASE AND SALE OF SECURITIES, INVESTMENT AND WITHDRAWAL OF FUNDS, IN BORROWING FUNDS, AND TO MAKE LOANS TO OTHER CREDIT UNIONS IN ACCORDANCE WITH APPLICABLE LAW AND REGULATIONS. |
| FORM 990, PART VI, SECTION A, LINE 6 | PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE, WORK, WORSHIP, OR GO TO SCHOOL IN SANTA CLARA, ALAMEDA, CONTRA COSTA, EL DORADO, PLACER, SAN MATEO, SANTA BARBARA, AND SACRAMENTO COUNTIES, CALIFORNIA. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM, AND THEIR SPOUSES MAY BE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD OF KEYPOINT CREDIT UNION IS COMPRISED OF VOLUNTEER DIRECTORS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD OF THREE YEARS AND UNTIL THEIR SUCCESSORS SHALL HAVE BEEN ELECTED. |
| FORM 990, PART VI, SECTION A, LINE 7B | AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING PRIOR TO FILING WITH THE IRS. THE BOARD OF DIRECTORS DO NOT RECEIVE A COPY PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | PER THE CREDIT UNION'S CONFLICT OF INTEREST POLICY, DIRECTORS, VOLUNTEERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE POLICY WAS MOST RECENTLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ON FEBRUARY 25, 2016. FOR THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY, THE VP OF RISK MANAGEMENT REVIEWS ACCOUNT ACTIVITY FOR ALL DIRECTORS, VOLUNTEERS, AND EMPLOYEES AND THEIR INTERESTS. IN ADDITION, THE ACCOUNTS PAYABLE SYSTEM IS REVIEWED TO ENSURE PROPRIETY OF ANY POTENTIAL CONFLICTS OF INTEREST AS APPLICABLE. THE CREDIT UNION ALSO MAINTAINS A POLICY THAT NO IMMEDIATE FAMILY MEMBERS OF THE BOARD OF DIRECTORS OR SUPERVISORY COMMITTEE MEMBERS MAY BECOME EMPLOYEES OF THE CREDIT UNION UNTIL TWO YEARS HAVE ELAPSED SINCE THEIR VOLUNTEER SERVICE WITH THE CREDIT UNION ENDED. THE CREDIT UNION DOES ALLOW DIRECTORS, VOLUNTEERS AND EMPLOYEES TO APPLY FOR LOANS THAT THE CREDIT UNION OFFERS TO ITS MEMBERSHIP. ALL LOAN APPLICATIONS FOR VICE-PRESIDENTS AND ABOVE, VOLUNTEERS AND BOARD MEMBERS REQUIRE THE APPROVAL OF THE BOARD OF DIRECTORS. DIRECTORS ARE RESTRICTED FROM PARTICIPATING IN THE DELIBERATIONS AND VOTING IN A TRANSACTION THAT PERTAINS TO THEM. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE CREDIT UNION, WHO USE COMPARABILITY DATA TO DETERMINE THE APPROPRIATE COMPENSATION. COMPENSATION IS DOCUMENTED IN THE HR SOFTWARE AND THE REVIEW PROCESS WAS LAST COMPLETED DURING 2019. ALL VP POSITIONS AND ABOVE ARE REVIEWED FOR MARKET PLACE COMPENSATION AND SALARY RANGES ARE RECOMMENDED FOR ADJUSTMENT BASED ON SURVEY INFORMATION. THE CEO APPROVES THE RECOMMENDATION FOR SALARY STRUCTURE CHANGE. AFTER A PERFORMANCE REVIEW IS WRITTEN AND RATING IS DETERMINED, A MERIT INCREASE IS DETERMINED BY THE PERFORMANCE LEVEL AS LONG AS THE SALARY REMAINS IN THE RANGE. THE RECOMMENDATION FOR MERIT INCREASE IS APPROVED OVERALL BY THE INDIVIDUAL DEPARTMENT VP OR EVP. THE OVERALL GROUP IS APPROVED BY THE CEO. THE ANNUAL REVIEW WAS LAST PERFORMED DURING 2019 AND DOCUMENTED IN THE HR SOFTWARE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE POSTED IN THE BRANCH OFFICES MONTHLY. |
| FORM 990, PART XI, LINE 9: | GAIN ON CUSO INVESTMENT 105,707. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEYPOINT FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2805 BOWERS AVENUE | AddressLine1Txt |
| City | SANTA CLARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95051 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473954329 | EIN |
| Primary Activities | CHARITABLE GIVING | PrimaryActivitiesTxt |
| Legal Domicile State | CA | 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 | KEYPOINT CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEYPOINT FINANCIAL SERVICES INC | ||||||||||||
| 2805 BOWERS AVENUE | SANTA CLARA | CA | 95051 | 770018330 | INSURANCE | CA | KEYPOINT CREDIT UNION | C | $23,943 | $624,597 | 1.00000 | Yes (1) |
| INTEGRATED CREDIT UNION SERVICES INC | ||||||||||||
| 2805 BOWERS AVENUE | SANTA CLARA | CA | 95051 | 943140652 | INSURANCE | CA | KEYPOINT CREDIT UNION | C | $50,137 | $13,626 | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |