CREDIT UNIONS IN THE STATE OF ARIZONA: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF ARIZONA (EIN 86-0133773)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-04-26
- IRS object ID
- 202111169349301146
- 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 | 2021-04-26T19:53:21-04:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 261343257 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hunnicutt Tax LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 13594 | AddressLine1Txt |
| City | Tempe | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85284 | 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 | 860133773 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANDINGS CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAND | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 SOUTH MILL AVENUE | AddressLine1Txt |
| City | TEMPE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85282 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN LEE | PersonNm |
| Person Title | PRESIDENTCEO | PersonTitleTxt |
| Phone | 4809679475 | PhoneNum |
| Signature | 2021-04-23 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRIAN | PersonFirstNm |
| Person Last | LEE | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Margaret Hunnicutt CPA | PreparerPersonNm |
| PTIN | P00450553 | PTIN |
| Phone | 4802515258 | PhoneNum |
| Preparation | 2021-04-26 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL2 | 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 | BRIAN LEE | PrincipalOfficerNm |
| Gross Receipts | $8,832,403 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.LANDINGSCU.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1953 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | LANDINGS CREDIT UNION IS A COOPERATIVE, NON-PROFIT ASSOCIATION WHICH IS INCORPORATED WITH THE PROVISIONS OF THE ARIZONA STATUTES AND REGULATIONS, FOR THE PURPOSE OF PROVIDING FINANCIAL AND RELATED SERVICES TO ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 87 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,069,178 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,506,539 | CYProgramServiceRevenueAmt |
| PY Investment Income | $490,129 | PYInvestmentIncomeAmt |
| CY Investment Income | $308,644 | CYInvestmentIncomeAmt |
| PY Other Revenue | $17,117 | PYOtherRevenueAmt |
| CY Other Revenue | $17,220 | CYOtherRevenueAmt |
| PY Total Revenue | $9,576,424 | PYTotalRevenueAmt |
| CY Total Revenue | $8,832,403 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,490,458 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,118,801 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,900,727 | PYOtherExpensesAmt |
| CY Other Expenses | $3,716,100 | CYOtherExpensesAmt |
| PY Total Expenses | $8,391,185 | PYTotalExpensesAmt |
| CY Total Expenses | $7,834,901 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,185,239 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $997,502 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $169,823,709 | TotalAssetsBOYAmt |
| Total Assets EOY | $204,587,987 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,344,104 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,612,278 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $167,479,605 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $201,975,709 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LANDINGS CREDIT UNION IS A COOPERATIVE, NON-PROFIT ASSOCIATION WHICH IS INCORPORATED WITH THE PROVISIONS OF THE ARIZONA STATUTES AND REGULATIONS, FOR THE PURPOSE OF PROVIDING FINANCIAL AND RELATED SERVICES TO ITS MEMBERS. | MissionDesc |
| Desc | PROVIDE FINANCIAL SERVICES TO SHAREHOLDERS | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2334 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 87 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN LEE | PersonNm |
| Phone | 4809679475 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 SOUTH MILL AVENUE | AddressLine1Txt |
| City | TEMPE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85282 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|---|
| BRIAN LEE | ||||||||||
| PRESIDENTCEO | 40.00 | 0.00 | Yes (X) | Yes (X) | $189,965 | $0 | $38,082 | |||
| MARGARET A HUNNICUTT | ||||||||||
| FORMER PRESIDENTCEO | 0.00 | 0.00 | $214,661 | $0 | $5,751 | Yes (X) | ||||
| RICHARD LANDIS | ||||||||||
| WEALTH MANAGEMENT ADVISOR | 40.00 | 0.00 | $183,405 | $0 | $4,585 | Yes (X) | ||||
| WILLIAM CONTI | ||||||||||
| VPCHIEF LENDING OFFICER | 40.00 | 0.00 | Yes (X) | $128,960 | $0 | $21,711 | ||||
| CECILIA ASHE | ||||||||||
| VPCHIEF OPERATIONS OFFICER | 40.00 | 0.00 | Yes (X) | $127,753 | $0 | $2,989 | ||||
| ADRIANNE REXIUS | ||||||||||
| VPCHIEF HUMAN RESOURCES OFFI | 40.00 | 0.00 | Yes (X) | $110,223 | $0 | $14,483 | ||||
| KAREN BARTON | ||||||||||
| VPCHIEF ADMINISTRATIVE OFFIC | 30.00 | 0.00 | Yes (X) | $75,265 | $0 | $13,601 | ||||
| BARBARA LLOYD | ||||||||||
| BOARD DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| COREY WOODS | ||||||||||
| BOARD VICE CHAIRPERSON | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| WILLIAM HEGEBUSH | ||||||||||
| BOARD CHAIRPERSON | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| ROBERT LIZARDI | ||||||||||
| BOARD TREASURER | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| ERIC EMMERT | ||||||||||
| BOARD DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| JAMES BROWN | ||||||||||
| BOARD DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| WILLIAM HONAKER | ||||||||||
| BOARD SECRETARY | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,030,232 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $101,202 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JACK HENRY | |||||
| P O BOX 609 | MONETT | MO | 65708 | DATA PROCESSING | $221,327 |
| ALLIED SOLUTIONS | |||||
| P O BOX 262625 | PLANO | TX | 75026 | COLLATERAL PROTECT | $204,726 |
| KONICA MINOLTA BUSINESS SOLUTIONS | |||||
| DEPT LA 22988 | PASADENA | CA | 911852988 | NETWORK CLOUD COMM | $162,698 |
| UNITED HEALTH CARE | |||||
| P O BOX 94017 | PALATINE | IL | 60094 | HEALTH INSURANCE | $376,956 |
| DIRECT DIGITAL | |||||
| 1905 W 3RD STREET | TEMPE | AZ | 85281 | PRINTING SERVICES | $117,808 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INCOME | 522291 | $6,160,909 | $6,160,909 |
| FINANCIAL SERVICES INC | 523000 | $354,270 | $354,270 |
| FEE INCOME | 522100 | $1,656,445 | $1,656,445 |
| MORTGAGE INCOME | 522292 | $234,386 | $234,386 |
| OTHER OPERATING INCOME | 522100 | $100,529 | $100,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,506,539 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $308,644 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $308,644 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $17,180 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $17,180 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,180 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,180 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER NON OPER INCOME | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $40 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $40 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,832,403 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,832,403 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,188,909 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,282 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $573,142 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,468 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,400 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,731 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $808,035 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,873 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,249 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,990 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,834 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,328 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| LOAN SERVICING | $338,908 | $338,908 |
| LOAN LOSS EXPENSE | $245,000 | $245,000 |
| ASSOCIATION DUES | $29,195 | $29,195 |
| MISCELLANEOUS | $162,557 | $162,557 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,834,901 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $895,772 | BOYAmt |
| EOY | $1,070,240 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $693,868 | BOYAmt |
| EOY | $361,796 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,455,533 | BOYAmt |
| EOY | $117,396,009 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,561 | BOYAmt |
| EOY | $153,652 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,607,141 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,475,171 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,429,888 | BOYAmt |
| EOY | $6,131,970 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,169,034 | BOYAmt |
| EOY | $78,573,535 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $985,053 | BOYAmt |
| EOY | $900,785 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,823,709 | BOYAmt |
| EOY | $204,587,987 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,344,104 | BOYAmt |
| EOY | $2,612,278 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,344,104 | BOYAmt |
| EOY | $2,612,278 | 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 | $151,402,983 | BOYAmt |
| EOY | $184,735,439 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,076,622 | BOYAmt |
| EOY | $17,240,270 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,479,605 | BOYAmt |
| EOY | $201,975,709 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,823,709 | BOYAmt |
| EOY | $204,587,987 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $997,502 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $166,146 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $33,332,456 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,487,373 | OtherCostOrOtherBasisAmt |
| Book Value | $2,487,373 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,900,626 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,311,829 | DepreciationAmt |
| Book Value | $3,588,797 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Depreciation | $137,362 | DepreciationAmt |
| Book Value | -$137,362 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,219,142 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,025,980 | DepreciationAmt |
| Book Value | $193,162 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,131,970 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| AFS SECURITIES | $4,520,960 | F |
| INVESTMENT IN CUFN | $25,000 | C |
| FHLB STOCK | $306,400 | C |
| OTHER INVESTMENTS | $73,721,175 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $78,573,535 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS | Desc |
| Book Value | $900,785 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $900,785 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | $8,832,403 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $8,832,403 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $8,832,403 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,834,901 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,834,901 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $7,834,901 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| BRIAN LEE | ||||||
| PRESIDENTCEO | $178,531 | $4,834 | $6,600 | $19,500 | $18,582 | $228,047 |
| WILLIAM CONTI | ||||||
| VPCHIEF LENDING OFFICER | $122,254 | $4,710 | $1,996 | $3,129 | $18,582 | $150,671 |
| RICHARD LANDIS | ||||||
| WEALTH MANAGEMENT ADVISOR | $24,000 | $159,315 | $90 | $4,585 | $187,990 | |
| MARGARET A HUNNICUTT | ||||||
| FORMER PRESIDENTCEO | $69,597 | $145,064 | $5,751 | $220,412 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | AN INDIVIDUAL BECOME A MEMBER/OWNER/SHAREHOLDER BY JOINING THE CREDIT UNION, PURCHASING ONE PAR VALUE SHARE AND ABIDING BY THE BYLAWS AND OTHER GOVERNANCE DOCUMENTS. |
| Member election for additional members Part VI line 7a | EACH YEAR AN ANNUAL MEETING IS HELD WHEREBY MEMBERS ELECT THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS DIRECT THE ACTIVITIES OF THE CREDIT UNION. |
| Governing body decisions Part VI line 7b | DAY TO DAY OPERATIONS ARE PERFORMED BY THE EXECUTIVE MANAGEMENT TEAM AT THE DIRECTION OF THE BOARD OF DIRECTORS. BYLAW CHANGES ARE VOTED ON BY THE BOARD OF DIRECTORS AND RATIFIED BY THE MEMBERSHIP AT THE ANNUAL BUSINESS MEETING. |
| Form 990 governing body review Part VI line 11 | REVIEWED BY CEO AND CFO AND THEN A REVIEW IS PROVIDED TO THE BOARD OF DIRECTORS. |
| Conflict of interest policy compliance Part VI line 12c | CONFLICTS OF INTEREST ARE DISCLOSED ON AN ONGOING BASIS AND AT LEAST ANNUALLY. |
| CEO executive director top management comp Part VI line 15a | PRESIDENT/CEO SALARY AND BENEFITS ARE DETERMINED BY BOARD OF DIRECTORS. CEO DETERMINES SALARY FOR ALL EMPLOYEES. |
| Other officer or key employee compensation Part VI line 15b | OTHER OFFICERS COMPENSATION DETERMINED BY THE CEO AND MANAGEMENT OFFICIALS BASED ON BUSINESS NEEDS. |
| Form 990 availability to public Part VI line 18 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| Governing documents etc available to public Part VI line 19 | DOCUMENTS MADE AVAILABLE UPON REQUEST |
| Explanation of other changes in net assets or fund balances Part XI line 9 | CHANGES IN MEMBER SHARE BALANCES. |