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SUNMARK CREDIT UNION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SUNMARK CREDIT UNION (EIN 14-1364933)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-12-06
IRS object ID
202103409349301120
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

FieldValueIRS element (for citing)
Return2021-12-06T14:08:04-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19901 IH-10 WEST STE 350AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN141364933EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUNMARK CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSUNMBusinessNameControlTxt
Phone8667866275PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11187 TROY SCHENECTADY ROADAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRYAN DELEHANTYPersonNm
Person TitleEVP/CFOPersonTitleTxt
Phone8667866275PhoneNum
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRYANPersonFirstNm
Person LastDELEHANTYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEAN ROHNEPreparerPersonNm
PTINP00625086PTIN
Phone2102987900PhoneNum
Preparation2021-12-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerFRANK DEGRAWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11187 TROY SCHENECTADY ROADAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$68,287,354GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.SUNMARK.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscCREDIT UNIONOtherOrganizationDsc
Formation1937FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionWE WORK TOGETHER TO CREATE VALUE AND ENRICH THE LIVES OF OUR MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee276TotalEmployeeCnt
Total Volunteers17TotalVolunteersCnt
Total Gross UBI$90,786TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$30,465NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$59,715,220CYProgramServiceRevenueAmt
CY Investment Income$8,193,334CYInvestmentIncomeAmt
CY Other Revenue$149,552CYOtherRevenueAmt
CY Total Revenue$68,058,106CYTotalRevenueAmt
CY Grants And Similar Paid$51,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$5,306,118CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$22,067,361CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$24,596,719CYOtherExpensesAmt
CY Total Expenses$52,021,198CYTotalExpensesAmt
CY Revenues Less Expenses$16,036,908CYRevenuesLessExpensesAmt
Total Assets EOY$920,109,210TotalAssetsEOYAmt
Total Liabilities EOY$848,264,704TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$71,844,506NetAssetsOrFundBalancesEOYAmt
MissionWE WORK TOGETHER TO CREATE VALUE AND ENRICH THE LIVES OF OUR MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescLOANS: SUNMARK CREDIT UNION OFFERS LOW INTEREST RATE LOANS AND A VARIETY OF BORROWING OPTIONS TO HELP OUR MEMBERS ACHIEVE THEIR GOALS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescDEPOSITS: 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
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document11114IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee276EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRYAN DELEHANTYPersonNm
Phone8667866275PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11187 TROY SCHENECTADY ROADAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAWN DOHERTY
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
EDWARD AIDALA
VICE CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
MATT CUSACK
TREASURER1.00Yes (X)Yes (X)$0$0$0
RALPH LEBARRON
SECRETARY1.00Yes (X)Yes (X)$0$0$0
TONY CARDONA
DIRECTOR1.00Yes (X)$0$0$0
ROBERT FORNGES
DIRECTOR1.00Yes (X)$0$0$0
DAN HEIM
DIRECTOR1.00Yes (X)$0$0$0
BRIAN HUGICK
DIRECTOR1.00Yes (X)$0$0$0
AMY JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
KRISTEN MYERS
DIRECTOR1.00Yes (X)$0$0$0
PARKER POWELL
DIRECTOR1.00Yes (X)$0$0$0
EDWARD OBENG
ASSOCIATE DIRECTOR1.00Yes (X)$0$0$0
FRANK DEGRAW
PRESIDENT/CEO40.00Yes (X)$422,815$0$34,714
BRYAN DELEHANTY
EVP/CFO40.00Yes (X)$261,914$0$31,454
ANTOINETTE LEBRON
EVP/COO40.00$230,035$0$17,155Yes (X)
DARRYL ENFIELD
VP/CIO40.00$210,691$0$19,071Yes (X)
ALISSA SYKES
SVP/CHIEF GROWTH OFFICER40.00$194,840$0$25,040Yes (X)
MARY KAY JANDREW
VP/HR40.00$173,560$0$16,372Yes (X)
JASON SOLGHAN
BUSINESS DEVELOPMENT ORIGINATOR40.00$215,979$0$12,332Yes (X)
ELIZABETH JACOBSEN
BUSINESS DEVELOPMENT ORIGINATOR40.00$392,457$0$28,561Yes (X)
LINDSAY TEDESCO
MORTGAGE ORIGINATOR48.84$386,461$0$25,538Yes (X)
AMANDA ST GEORGE
MORTGAGE ORIGINATOR54.46$365,542$0$16,106Yes (X)
ELOISA BEHNKE
MORTGAGE ORIGINATOR52.04$215,626$0$13,583Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,069,920TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$239,926TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K39IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FISERV INC
PO BOX 934057ATLANTAGA31193PROVIDES FINANCIAL TECHNOLOGY$1,597,592
NCR CORPORATION
PO BOX 740641LOS ANGELESCA90074PROVIDES FLEXIBLE BANKING CONNECTIONS$1,505,838
MASTER CARD
2000 PURCHASE STPURCHASENY10577CARD PAYMENT & ATM SERVICES$1,454,860
CORNERSTONE BUILDING CORP
720 4TH STWATERVLIETNY12189CONSTRUCTION SERVICES$944,942
BRANCHSERV
BOX 8000 DEPARTMENT 912BUFFALONY14267SECURITY & BANKING AUTOMATION EQUIPMENT$575,700
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K32CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$33,342,520$33,342,520
OTHER OPERATING INCOM522100$17,853,427$17,853,427
FEE INCOME522100$8,519,273$8,428,487$90,786
FieldValueIRS element (for citing)
Total Program Service Revenue$59,715,220TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$307,356TotalRevenueColumnAmt
Exclusion$307,356ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$8,115,226OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,478SecuritiesAmt
Other$226,770OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$2,478SecuritiesAmt
Other$7,888,456OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,885,978TotalRevenueColumnAmt
Exclusion$7,885,978ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescNON-OPERATING INCOMEDesc
Business522100BusinessCd
Total Revenue Column$149,552TotalRevenueColumnAmt
Related Or Exempt Func Income$149,552RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$149,552OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$68,058,106TotalRevenueColumnAmt
Related Or Exempt Func Income$59,773,986RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$90,786UnrelatedBusinessRevenueAmt
Exclusion$8,193,334ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$51,000TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$5,306,118TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,637,661TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$16,348,285TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$524,250TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,302,120TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,255,045TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$95,648TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$105,150TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,718,254TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,007,260TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,009,418TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,514,578TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$336,187TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$373,011TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,329,342TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
LOAN SERVICING EXPENSE$4,435,212
PROVISION FOR LOAN LOSS$4,330,000
OPERATING FEES$286,032
MISC. OPERATING EXPENSE$56,627

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$52,021,198TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$11,548,071EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$104,199,652EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$22,857,953EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$707,213,655EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$2,887,926EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$39,473,585LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,196,375LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$26,277,210EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$4,477,457EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$81,375EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$40,565,911EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$920,109,210EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$7,013,208EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$18,799EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$9,719,735EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$831,512,962EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$848,264,704EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$71,844,506EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$71,844,506EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$920,109,210EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$16,036,908ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$55,807,598OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,581,233OtherCostOrOtherBasisAmt
Book Value$5,581,233BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,531,573OtherCostOrOtherBasisAmt
Depreciation$4,010,071DepreciationAmt
Book Value$14,521,502BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$384,931OtherCostOrOtherBasisAmt
Depreciation$305,753DepreciationAmt
Book Value$79,178BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,216,788OtherCostOrOtherBasisAmt
Depreciation$8,864,301DepreciationAmt
Book Value$5,352,487BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$759,060OtherCostOrOtherBasisAmt
Depreciation$16,250DepreciationAmt
Book Value$742,810BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$26,277,210TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDescAmtAmt
NON-TRADING DERIVATIVE LIABILITY$277,109
SHARE DRAFT$197,618,647
REGULAR SHARES$314,478,715
MONEY MARKET SHARES$132,766,317
SHARE CERTIFICATES$138,141,045
IRA ACCOUNTS$20,386,539
OTHER SHARES$801,590
NONMEMBER DEPOSITS$27,043,000
FieldValueIRS element (for citing)
Total Liability$831,512,962TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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 INCOME FROM THE CUSO, ORGANIZED AS AN LLC, FLOWS THROUGH TO THE CREDIT UNION AND, THEREFORE, IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
TROY REHABILITATION & IMPROVEMENT PROGRAM
415 RIVER STTROYNY12180141503655501(C)(3)$10,0002020 ANNUAL SPONSORSHIP
CAPITAL REGION CHAMBER FOUNDATION
5 COMPUTER DR SOUTHALBANYNY12205141736856501(C)(3)$16,0002020 ENTREPENEUR BOOT CAMP SPONSORSHIP
SUNMARK CHARITABLE COMMUNITY FOUNDATION
1187 TROY SCHENECTADY RDLATHAMNY12110473713204501(C)(3)$25,000ANNUAL GOLF SPONSORSHIP
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR ALL GRANTS/ASSISTANCE, WE TRACK OUR ANNUAL SPEND AND THE RECIPIENTS IN OUR BUDGET SPREADSHEETS, WHICH ARE MAINTAINED BY THE SUNMARK MARKETING TEAM, AND REVIEWED AND UPDATED REGULARLY. WE HAVE A STANDARD PROCESS FOR AWARDING FUNDS. FIRST, ALL RECIPIENTS MUST SERVE A POPULATION WITHIN OUR 14-COUNTRY CHARTER AREA. NEXT, FUNDS MUST BE USED TO SUPPORT FINANCIAL LITERACY/EDUCATION AND/OR IMPROVE THE QUALITY OF LIFE FOR THOSE IN NEED. FINALLY, SPONSORSHIPS AT THIS LEVEL MUST ALSO SERVE TO PROMOTE SUNMARK IN SOME CAPACITY, INCLUDING BRANDING/AWARENESS/RECOGNITION, ALONG WITH THE ABILITY FOR SUNMARK EMPLOYEES TO PARTICIPATE IN A VOLUNTEER AND/OR NETWORKING CAPACITY. ALL REQUESTS RECEIVED ARE CAREFULLY REVIEWED BY SUNMARK'S COMMUNITY ENGAGEMENT PROGRAM MANAGER AND CHIEF MARKETING OFFICER. IN TERMS OF ELIGIBILITY - IF THEY CLAIM NONPROFIT STATUS WE DO VERIFY THAT BY EITHER HAVING THEM SEND THEIR W9 OR THROUGH WWW.CHRARITIESNYS.COM WHICH HAS ALL REGISTERED NONPROFITS. SUNMARK IS NOT HELD TO ONLY FUNDING NONPROFIT REQUESTS BUT THE MAJORITY ARE SO WE VERIFY THAT THEY'VE PROPERLY FILED FOR THAT STATUS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
FRANK DEGRAW
PRESIDENT/CEO$335,291$0$50,000$0$37,524$0$7,384$0$27,330$0$457,529$0$0$0
ELIZABETH JACOBSEN
BUSINESS DEVELOPMENT ORIGINATOR$43,417$0$348,767$0$273$0$0$0$28,561$0$421,018$0$0$0
LINDSAY TEDESCO
MORTGAGE ORIGINATOR$49,462$0$336,825$0$174$0$8,550$0$16,988$0$411,999$0$0$0
AMANDA ST GEORGE
MORTGAGE ORIGINATOR$68,039$0$297,374$0$129$0$7,435$0$8,671$0$381,648$0$0$0
BRYAN DELEHANTY
EVP/CFO$204,400$0$52,078$0$5,436$0$5,255$0$26,199$0$293,368$0$0$0
ANTOINETTE LEBRON
EVP/COO$183,813$0$38,896$0$7,326$0$6,784$0$10,371$0$247,190$0$0$0
DARRYL ENFIELD
VP/CIO$168,198$0$36,694$0$5,799$0$2,083$0$16,988$0$229,762$0$0$0
ELOISA BEHNKE
MORTGAGE ORIGINATOR$84,217$0$131,288$0$121$0$4,912$0$8,671$0$229,209$0$0$0
JASON SOLGHAN
BUSINESS DEVELOPMENT ORIGINATOR$54,384$0$161,434$0$161$0$3,661$0$8,671$0$228,311$0$0$0
ALISSA SYKES
SVP/CHIEF GROWTH OFFICER$138,711$0$40,047$0$16,082$0$5,850$0$19,190$0$219,880$0$0$0
MARY KAY JANDREW
VP/HR$115,381$0$28,895$0$29,284$0$5,001$0$11,371$0$189,932$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationTHE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(B) PLAN: FRANK DEGRAW MARY KAY JANDREWExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERS 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 7AMEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BA 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 11BFORM 990 WILL BE REVIEWED BY THE BOARD CHAIRPERSON AND THE EVP/CFO BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY 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 15THE 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 WHIH HAS FINAL APPROVAL. COMPENSATION FOR ALL OTHER KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO USIN ANNUALLY UPDATED SALARY RANGES AND BENCHMARKING DATA.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:EQUITY PRIOR TO STATE CHARTERED CHANGE 58,514,598. CHANGE IN OTHER COMPREHENSIVE INCOME -2,709,489. CHANGE IN MISC. EQUITY 2,490. ROUNDING -1.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
HORIZON SERVICE ORGANIZATION LLC
1187 TROY SCHENECTADY ROADLATHAMNY12110HOLDING COMPANY FOR SUNMARK INVESTMENT IN CUSO ENTITIESNY$282$1,038,478SUNMARK CREDIT UNION
SIS INSURANCE & FINANCIAL LLC
1187 TROY SCHENECTADY ROADLATHAMNY12110INSURANCE SERVICESNY$1,045,786$171,083HORIZON SERVICE ORGANIZATION LLC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SUNMARK CHARITABLE COMMUNITY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11187 TROY SCHENECTADY ROADAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
EIN473713204EIN
Primary ActivitiesFINANCIAL CONTRIBUTIONS, IN-KIND SERVICES AND VOLUNTEER SUPPORT TO NONPROFITPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusPFPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SUNMARK CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd