2021-10-30T14:32:42-07:00 2020-12-31 990 2020-01-01 850154588 CREDIT UNIONS IN THE STATE OF NEW MEXICO Animas Credit Union CRED 5055669813 2101 E 20th Street Farmington NM 87401 Matthew Helge SVP/CFO 5052377372 2021-10-28 1 11 0 AAL2 2020 2022-09-23 18:48:47Z Robert Chavez 3707 Juan Tabo Blvd NE Albuquerque NM 87111 6858860 0 X animascu.com X 1954 NM Financial Services Institution 5 5 45 8 0 0 0 0 3757594 3694868 885238 720231 1845545 2443761 6488377 6858860 0 0 0 0 2378643 2553047 0 0 0 2932489 2487610 5311132 5040657 1177245 1818203 134170185 151994081 924868 1154832 133245317 150839249 Financial Services Institution 0 0 5040657 6858860 Financial Services Institution Financial Services Institution Financial Services Institution 0 0 0 5040657 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 45 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NM X Matthew Helge 5052377372 3707 Juan Tabo Blvd NE Albuquerque NM 87111 Gary Sterton CEO 40 0 X 268874 0 0 Tom Lowery VP - Finance 40 0 X 107702 0 0 Jon Moore VP-Financial Services 40 0 X 94719 0 0 Robert Brooks VP-Information Technology 40 0 X 79368 0 0 Margaret Cardon VP-Operations 40 0 X 56448 0 0 Darrin Davidson VP-Business Services 40 0 X 48203 0 0 Peter Holzem Board Chairman 10 0 X 0 0 0 Tyrone Austin Board Vice-Chair 10 0 X 0 0 0 Charles M Todd Board Recording Officer/Treasurer 10 0 X 0 0 0 Elgie Harris Board Member 10 0 X 0 0 0 Paul Martin Board Member 10 0 X 0 0 0 William Huish Supervisory Committee 10 0 X 0 0 0 Christine King Supervisory Committee 10 0 X 0 0 0 655314 0 0 2 0 1 0 FISERV 71 Remittance Drive Chicago IL 606756974 Data Processing 183107 Blue Cross and Blue Shield of New Mexico PO Box 650615 Dallas TX 752650615 Health Insurance 211257 Computer Marketing Corporation FLEX 8520 S Sandy Pkwy Sany UT 84070 Data Processing 466377 3 0 Interest on Loans 522100 3694868 3694868 0 0 0 0 0 0 3694868 720231 720231 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Operating Income 522100 1979625 1979625 0 0 Fees 522100 464136 464136 0 0 0 0 0 0 2443761 6858860 6858860 0 0 0 0 0 0 655314 0 1152721 120497 496361 128154 0 27568 0 0 0 0 51924 39429 551232 446179 0 163364 0 0 0 341964 0 230868 0 Non-Operating Expenses 302403 Provision for Loan Losses 304363 Debit Card Losses 28316 5040657 0 0 0 4069966 4061235 0 0 0 0 0 0 4832985 4461063 0 0 75645025 70828860 0 0 0 0 5557777 3072655 2367865 2485122 0 23200457 25018000 17165664 37621451 0 0 6888223 7518350 134170185 151994081 924868 1154832 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 924868 1154832 X 120248956 136635095 0 0 12996361 14204154 133245317 150839249 134170185 151994081 X 1818203 0 0 0 0 15775729 X 0 1 1 0 0 848838 848838 0 2466870 1538154 928716 0 219992 195718 24274 0 1366180 1255149 111031 0 655897 83634 572263 2485122 Jumbo CDs 25018000 C 25018000 Deposits at Federal Reserve 31012331 C Deposits at Comerica Bank 6609120 C 37621451 X 1 1 X 0 0 0 Gary Sterton CEO 206853 0 53290 0 8731 0 0 0 0 0 268874 0 0 0 Schedule J, Part I, Line 1a The CEO has a Credit Union paid membership to San Juan Country Club. The CEO has an employment contract that is reviewed and approved by the Board of Directors. Tyrone Austin Board of Directors Home Mortgage X 43912 40235 0 1 1 CBH Trucking Owner on Supervisory Committee Commercial Secured X 155735 93844 0 1 1 Sakura Engineering Owner on Board of Directors Unsecured Commercial Credit X 12347 11750 0 1 1 Christine King Supervisory Committee New Auto X 36065 34330 0 1 1 Gary Sterton CEO New Auto X 25000 19452 0 1 1 Gary Sterton CEO Whole Life X 4100000 4100000 0 1 1 Gary Sterton CEO Boat X 46930 26198 0 1 1 Robert Brooks VP IT Mortgage X 137500 135254 0 1 1 4461063 Form 990, Header, Line A Form 8868 requesting an automatic extension of time to file until November 15, 2021 was completed and sent to the IRS April 9, 2021. Form 990, Part VI, Section A, Line 6 The Credit Union has members Form 990, Part VI, Section A, Line 7a The Credit Union membership elects the Board of Directors Form 990, Part VI, Section B, Line 11b The return is being prepared by the SVP/CFO Form 990, Part VI, Section B, Line 12c Annually all senior level employees and officials must prepare an annual disclosure of conflicts. These are signed, dated and delivered to the CEO for retention or inclusion in a Board Packet for discussion. Form 990, Part VI, Section B, Line 15 The Board of Directors reviews the CEO annually and the CEO reviews the VPs annually. Form 990, Part VI, Section C, Line 18 Documents available upon request. Form 990, Part VI, Section C, Line 19 Financial statements are posted at each branch. Other documents are available upon request. Form 990, Part XI, Line 9 Change in net assets: change in total assets less income less change in accounts payable and other liabilities: $15,775,729