CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 94-1243656)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202113149349307751
- 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 | 2021-11-10T18:19:08-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954083485 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TURNER WARREN HWANG & CONRAD ACCTCY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 NORTH FIRST ST STE 202 | AddressLine1Txt |
| City | BURBANK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91502 | 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 | 941243656 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXCITE CREDIT UNION | BusinessNameLine1Txt |
| Business Name Line2 | (FKA ALLIANCE CREDIT UNION) | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EXCI | BusinessNameControlTxt |
| Phone | 4082657322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 265 CURTNER AVENUE | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95125 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN DORCY | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 4082657322 | PhoneNum |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRIAN | PersonFirstNm |
| Person Last | DORCY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VALENTINO CREUS CPA | PreparerPersonNm |
| PTIN | P01054153 | PTIN |
| Phone | 8189549700 | PhoneNum |
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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | BRIAN DORCY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 265 CURTNER AVENUE | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95125 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $67,050,690 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.EXCITECU.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CREDIT UNION | OtherOrganizationDsc |
| Formation | 1952 | 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 | 146 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $117,896 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,231,780 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,201,275 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,092,380 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,410,517 | CYInvestmentIncomeAmt |
| PY Other Revenue | $386,571 | PYOtherRevenueAmt |
| CY Other Revenue | $368,952 | CYOtherRevenueAmt |
| PY Total Revenue | $38,710,731 | PYTotalRevenueAmt |
| CY Total Revenue | $28,980,744 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $191,555 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $187,873 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,864,486 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,301,287 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,165,521 | PYOtherExpensesAmt |
| CY Other Expenses | $16,885,923 | CYOtherExpensesAmt |
| PY Total Expenses | $26,221,562 | PYTotalExpensesAmt |
| CY Total Expenses | $28,375,083 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,489,169 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $605,661 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $513,820,756 | TotalAssetsBOYAmt |
| Total Assets EOY | $624,175,711 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $463,517,028 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $573,651,248 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $50,303,728 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $50,524,463 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | EXCITE 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 RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, 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, EXCITE CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH CONSUMER LOANS, I.E., AUTO LOANS, VISA AND PERSONAL LINES OF CREDIT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCOMPLISHMENT OF TARGET GOALS IN CONNECTION WITH PROVISION OF MORTGAGE LOAN PRODUCTS TO EXISTING 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 SIMILAR 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 | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 19899 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 146 | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIAN DORCY PRESIDENTCEO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4089795150 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 ALMADEN EXPRESSWAY SUITE 55 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 951181557 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DONNA RHODY | ||||||||
| CHAIRPERSON | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SURYA TURAGA | ||||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RALPH FINELLI | ||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN HANSEN | ||||||||
| BOARD TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA ALUMBAUGH | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER EKREN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK HANSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN RABY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE KIERNAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEVIN MCALPINE | ||||||||
| SUPV CMTE CHAIRPERSON | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA GOLDING | ||||||||
| SUPV CMTE MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BANSAL DEEPJA | ||||||||
| SUPV CMTE MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE UHRI | ||||||||
| SUPV CMTE MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIM CAMPBELL | ||||||||
| SUPV CMTE MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN DORCY | ||||||||
| CEO | 40.00 | $371,219 | $0 | $22,745 | Yes (X) | |||
| DEBORAH SUNDERMAN | ||||||||
| EXECUTIVE VP | 40.00 | $232,551 | $0 | $24,626 | Yes (X) | |||
| MONAKA JACKSON | ||||||||
| MORTGAGE LOAN ORIGINATOR | 40.00 | $292,677 | $0 | $10,752 | Yes (X) | |||
| KEVIN ALSUP | ||||||||
| SVP, TECHNOLOGY SOLUTIONS | 40.00 | $192,533 | $0 | $9,871 | Yes (X) | |||
| RICHARD WALTER | ||||||||
| VP, RETAIL OPERATIONS-CA | 40.00 | $157,233 | $0 | $5,312 | Yes (X) | |||
| TARUNA BAJAJ | ||||||||
| VP, MARKETING | 40.00 | $156,700 | $0 | $3,842 | Yes (X) | |||
| VERONICA RODRIGUEZ | ||||||||
| VP, PEOPLE & CULTURE | 40.00 | $145,265 | $0 | $22,723 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,548,178 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $99,871 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | 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 |
|---|---|---|---|---|---|
| PSCU FINANCIAL SERVICES INC | |||||
| 3001 BISHOP DR SUITE 110 | SAN RAMON | CA | 94583 | FINANCIAL SERVICES | $637,164 |
| CU COOPERATIVE SYSTEMS INC | |||||
| 9692 HAVEN AVENUE | RANCO CUCAMONGA | CA | 91730 | FINANCIAL SERVICES | $633,368 |
| NCR CORPORATION | |||||
| 864 SPRING ST NW | ATLANTA | GA | 30308 | INFORMATION TECHNOLOGY AND SERVICES | $589,218 |
| SKYLINE ADVANCED TECHNOLOGY SERVICES | |||||
| 490 DIVISION ST | CAMPBELL | CA | 95008 | COMPUTER NETWORKING | $540,318 |
| VISA USA INC | |||||
| ONE MARKET PLAZA | SAN FRANCISCO | CA | 94105 | TECHNOLOGY | $435,083 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | $18,910,412 | $18,910,412 | |
| OTHER OPERATING INCOME | 522100 | $5,856,558 | $5,767,719 | $88,839 |
| FEE INCOME | 522100 | $2,434,305 | $2,405,248 | $29,057 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,201,275 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $894,144 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $894,144 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,560,241 | SecuritiesAmt |
| Other | $26,078 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,053,368 | SecuritiesAmt |
| Other | $16,578 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $506,873 | SecuritiesAmt |
| Other | $9,500 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $516,373 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $516,373 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER NON-OPERATING INCOME | 522100 | $194,585 | $194,585 |
| UNREALIZED GAIN DUE TO CHANGE IN | 522100 | $174,367 | $174,367 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $368,952 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,980,744 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,862,848 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $117,896 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,873 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,548,178 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,621,558 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,939 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,095,077 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,535 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,892 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,390 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $949,667 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,043,815 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,914,554 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,717,985 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,523,100 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,863 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,904,538 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,266,086 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,618 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROV FOR LOAN LOSSES | $2,801,023 |
| LOAN SERVICING | $1,038,060 |
| MISC. OPERATING EXPENSE | $145,268 |
| OPERATING FEES | $67,064 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,375,083 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,782,668 | BOYAmt |
| EOY | $5,941,703 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,153,127 | BOYAmt |
| EOY | $58,320,431 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,597,846 | BOYAmt |
| EOY | $1,707,738 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,012,841 | BOYAmt |
| EOY | $3,075,576 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $23,648,083 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,098,740 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,146,993 | BOYAmt |
| EOY | $14,549,343 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,549,908 | BOYAmt |
| EOY | $92,978,836 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $431,953,287 | BOYAmt |
| EOY | $432,654,021 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,635 | BOYAmt |
| EOY | $4,635 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,619,451 | BOYAmt |
| EOY | $14,943,428 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $513,820,756 | BOYAmt |
| EOY | $624,175,711 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,110,498 | BOYAmt |
| EOY | $3,094,431 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,406,530 | BOYAmt |
| EOY | $570,556,817 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $463,517,028 | BOYAmt |
| EOY | $573,651,248 | 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 | $50,303,728 | BOYAmt |
| EOY | $50,524,463 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,303,728 | BOYAmt |
| EOY | $50,524,463 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $513,820,756 | BOYAmt |
| EOY | $624,175,711 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $605,661 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$384,926 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,326,598 | OtherCostOrOtherBasisAmt |
| Book Value | $5,326,598 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,740,297 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,284,145 | DepreciationAmt |
| Book Value | $5,456,152 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $369,401 | OtherCostOrOtherBasisAmt |
| Depreciation | $262,206 | DepreciationAmt |
| Book Value | $107,195 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,211,787 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,552,389 | DepreciationAmt |
| Book Value | $3,659,398 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,549,343 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALL OTHER INVESTMENTS | $1,642,700 | F |
| NET LOANS & LEASES | $425,882,624 | F |
| NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT | $5,122,465 | C |
| PAID IN CAPITAL AT CORP | $6,232 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $432,654,021 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TOTAL SHARES & DEPOSITS | $565,556,817 |
| OTHER NOTES AND INTEREST PAYABLE | $5,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $570,556,817 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO NOT MEEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND CURRENT TAX LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED JUNE 30, 2020, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY HAS NOT RECORDED A LIABILITY FOR THE PAYMENT OF INTEREST OR PENALTIES. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| SV HALL LLC | |||||||||
| 2121 41ST AVE 102 | CAPITOLA | CA | 95010 | 822759950 | $25,500 | FMV | TO PROMOTE SMALL LOCAL BUSINESS | ||
| PIVOTAL CONNECTIONS | |||||||||
| 75 E SANTA CLARA ST SUITE 1450 | SAN JOSE | CA | 95113 | 770166138 | $10,300 | FMV | TO HELP YOUNG PEOPLE IN AND FROM FOSTER CARE REALIZE THEIR EDUCATIONAL AND CAREER GOALS BY ENSURING EQUITABLE ACCESS TO OPPORTUNITY. | 501(C)(3) | |
| BILL WILSON CENTER | |||||||||
| 3490 THE ALAMEDA | SANTA CLARA | CA | 95050 | 942221849 | $10,000 | FMV | PREVENT POVERTY IN THE NEXT GENERATION BY CONNECTING YOUTH AND FAMILIES TO EDUCATION, EMPLOYMENT, HOUSING, AND POSITIVE RELATIONSHIPS | 501(C)(3) | |
| SILICON VALLEY CREATES | |||||||||
| 38 W SANTA CLARA ST | SAN JOSE | CA | 95113 | 942825213 | $10,000 | FMV | TO IGNITE INVESTMENT AND ENGAGEMENT IN ARTS AND CREATIVITY. | 501(C)(3) | |
| SOMOS MAYFAIR | |||||||||
| 370-B S KING ROAD | SAN JOSE | CA | 95116 | 770499813 | $10,000 | FMV | TO SUPPORT CHILDREN, ORGANIZE FAMILIES, AND CONNECT NEIGHBORS TO UPLIFT THE DREAMS, POWER, AND LEADERSHIP OF COMMUNITY AND ADDRESS SYSTEMIC INEQUITIES. | 501(C)(3) | |
| SUNDAY FRIENDS FOUNDATION | |||||||||
| 645 WOOL CREEK DR 2ND FLOOR SUITE A | SAN JOSE | CA | 95112 | 770518937 | $6,150 | FMV | TO BREAK THE GENERATIONAL CYCLE OF POVERTY BY FOSTERING POSITIVE DEVELOPMENT IN CHILDREN WHILE EDUCATING AND GUIDING PARENTS TO SUPPORT THEIR CHILDREN'S LIFE SUCCESS. | 501(C)(3) | A |
| RAZING THE BAR | |||||||||
| 123 E SAN CARLOS ST UNIT 513 | SAN JOSE | CA | 95112 | 800441705 | $5,725 | FMV | MENTORING AND HOUSING SUPPORT FOR TRANSITION AGED YOUTH | 501(C)(3) | |
| CHILD ADVOCATES OF SILICON VALLEY | |||||||||
| 509 VALLEY WAY BUILDING 2 | MILPITAS | CA | 95035 | 770250773 | $5,150 | FMV | TO BE THERE FOR EVERY FOSTER CHILD IN SILICON VALLEY WHO HAS EXPERIENCED ABUSE, NEGLECT AND/OR ABANDONMENT. | 501(C)(3) | |
| PLANNED PARENTHOOD MAR MONTE | |||||||||
| 1691 THE ALAMEDA | SAN JOSE | CA | 95126 | 941583439 | $5,150 | FMV | TO ENSURE THAT EVERY INDIVIDUAL HAS THE KNOWLEDGE, OPPORTUNITY, AND FREEDOM TO MAKE EVERY CHILD A WANTED CHILD AND EVERY FAMILY A HEALTHY FAMILY. | 501(C)(3) | |
| BOYS AND GIRLS CLUBS OF SV | |||||||||
| 518 VALLEY WAY | MILPITAS | CA | 95035 | 941294898 | $5,000 | FMV | TO INSPIRE AND EMPOWER ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING ADULTS. | 501(C)(3) | |
| THE CAROUSEL CENTER INC | |||||||||
| 1501 DOCK ST WILMINGTON | WILMINGTON | NC | 28401 | 562098739 | $5,000 | FMV | TO SUPPORT HEALING, PROMOTE JUSTICE, AND FOSTER RESILIENCE IN CHILDREN VICTIMIZED BY PHYSICAL OR SEXUAL ABUSE AND TO IMPROVE OUR COMMUNITY THROUGH EDUCATION, PREVENTION AND ADVOCACY | 501(C)(3) | |
| COMMUNITY FINANCIAL RESOURCES | |||||||||
| 4100 REDWOOD RD STE 20A 433 | OAKLAND | CA | 94619 | 203788598 | $5,000 | FMV | TO PROVIDE RESEARCH, EDUCATION, PROGRAM DEVELOPMENT AND TECHNICAL ASSISTANCE FOR NON-PROFIT ORGANIZATIONS AND THEIR LOW-INCOME CONSTITUENTS ON FINANCIAL LITERACY, MONEY MANAGEMENT, AND ACCESSING AND EFFECTIVELY USING LOW-COST FINANCIAL PRODUCTS AND SERVICES. | 501(C)(3) | |
| EAST SIDE UNION HIGH SCHOOL DISTRICT | |||||||||
| 2530 BERRYESSA RD STE 432 | SAN JOSE | CA | 95132 | 264148665 | $5,000 | FMV | TO PROMOTE AND CREATE BOLD AND INNOVATIVE PROGRAMS, SERVICES, AND PARTNERSHIPS THAT MEASURABLY ELEVATE SUSTAINABLE STUDENT SUCCESS | 501(C)(3) | |
| LATINO BUSINESS FOUNDATION SILICON | |||||||||
| 1652 ALUM ROCK AVE | SAN JOSE | CA | 95116 | 843419477 | $5,000 | FMV | TO BECOME SILICON VALLEY'S "GO TO PLACE" FOR SMALL AND MICRO BUSINESS' NEEDS AND RESOURCES. AND TO BUILD THE TOOLS NECESSARY FOR MINORITY ENTREPRENEURS ESPECIALLY THOSE IN LOW INCOME NEIGHBORHOODS TO PROSPER AND GROW, CREATING A THRIVING COMMUNITY. | 501(C)(3) | |
| WILMINGTON DOWNTOWN INC | |||||||||
| PO BOX 2235 | WILMINGTON | NC | 28402 | 591752750 | $5,000 | FMV | TO PROMOTE THE ECONOMIC GROWTH AND DEVELOPMENT OF DOWNTOWN WILMINGTON, NORTH CAROLINA. | 501(C)(3) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 14 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIAN DORCY | ||||||||||||||
| CEO | $319,368 | $0 | $49,613 | $0 | $2,238 | $0 | $11,232 | $0 | $11,513 | $0 | $393,964 | $0 | $0 | $0 |
| DEBORAH SUNDERMAN | ||||||||||||||
| EXECUTIVE VP | $229,856 | $0 | $2,205 | $0 | $490 | $0 | $6,598 | $0 | $18,028 | $0 | $257,177 | $0 | $0 | $0 |
| MONAKA JACKSON | ||||||||||||||
| MORTGAGE LOAN ORIGINATOR | $78,165 | $0 | $214,401 | $0 | $111 | $0 | $3,433 | $0 | $7,319 | $0 | $303,429 | $0 | $0 | $0 |
| KEVIN ALSUP | ||||||||||||||
| SVP, TECHNOLOGY SOLUTIONS | $189,774 | $0 | $1,908 | $0 | $851 | $0 | $5,263 | $0 | $4,608 | $0 | $202,404 | $0 | $0 | $0 |
| RICHARD WALTER | ||||||||||||||
| VP, RETAIL OPERATIONS-CA | $155,392 | $0 | $1,600 | $0 | $241 | $0 | $4,906 | $0 | $406 | $0 | $162,545 | $0 | $0 | $0 |
| TARUNA BAJAJ | ||||||||||||||
| VP, MARKETING | $154,458 | $0 | $1,561 | $0 | $681 | $0 | $2,222 | $0 | $1,620 | $0 | $160,542 | $0 | $0 | $0 |
| VERONICA RODRIGUEZ | ||||||||||||||
| VP, PEOPLE & CULTURE | $143,428 | $0 | $1,561 | $0 | $276 | $0 | $2,537 | $0 | $20,186 | $0 | $167,988 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION HAS AN ELIGIBLE, NONQUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN EXECUTIVES UNDER IRC SECTION 457(B). | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (11 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| DEBORAH SUNDERMAN | |||||||
| HCE | VISA | Yes (X) | $30,000 | $13,268 | 0 | 0 | Yes (1) |
| BARBARA ALUMBAUGH | |||||||
| BOD | HELOC | Yes (X) | $45,000 | $75,464 | 0 | Yes (1) | Yes (1) |
| VERONICA RODRIGUEZ | |||||||
| HCE | AUTO | Yes (X) | $49,664 | $36,093 | 0 | 0 | Yes (1) |
| KEVIN ALSUP | |||||||
| HCE | MORTGAGE LOAN | Yes (X) | $280,330 | $250,852 | 0 | 0 | Yes (1) |
| VERONICA RODRIGUEZ | |||||||
| HCE | MORTGAGE LOAN | Yes (X) | $595,000 | $562,167 | 0 | 0 | Yes (1) |
| DEBORAH L SUNDERMAN | |||||||
| KEY EMPLOYEE | MORTGAGE LOAN | Yes (X) | $700,000 | $691,426 | 0 | 0 | Yes (1) |
| KEVIN ALSUP | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $250,000 | $15,000 | 0 | 0 | Yes (1) |
| VERONICA N RODRIGUEZ | |||||||
| HCE | VISA | Yes (X) | $0 | $19,519 | 0 | 0 | Yes (1) |
| VERONICA N RODRIGUEZ | |||||||
| HCE | PERSONAL | Yes (X) | $20,000 | $18,490 | 0 | 0 | Yes (1) |
| RICHARD A WALTER | |||||||
| HCE | AUTO | Yes (X) | $32,689 | $23,137 | 0 | 0 | Yes (1) |
| MARK A HANSON | |||||||
| BOD | VISA | Yes (X) | $0 | $2,322 | 0 | 0 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,707,738 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | EXCITE CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. THE CREDIT UNION DOES NOT HAVE STOCKHOLDERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD OF EXCITE CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY OUR BY-LAWS. |
| 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 | PRIOR TO FILING, THE RETURN IS REVIEWED BY THE VP OF FINANCE AND THEN MADE AVAILABLE TO THE BOARD MEMBERS FOR REVIEW. AFTER THEIR REVIEW, BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO MAKE COMMENTS OR REVISIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | A SALARY ANALYSIS IS PERFORMED FOR THE CEO, OFFICERS AND OTHER SENIOR MANAGEMENT OF THE CREDIT UNION BY AN INDEPENDENT OUTSIDE SERVICE USING DATA FROM SEVERAL SALARY SURVEYS PERFORMED FOR BANK AND CREDIT UNION PROFESSIONAL ASSOCIATIONS AND BY OTHER NATIONAL COMPENSATION ANALYSIS SERVICES. BASED ON THE DATA THEY COMPILE FROM THESE SOURCES, THEY MAKE RECOMMENDATIONS FOR THE SALARY RANGE FOR EACH POSITION PROVIDING THE DATA USED TO MAKE THEIR DETERMINATION. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION FOR THE CEO BEFORE MAKING A FINAL SALARY DECISION WHICH IS DOCUMENTED IN THE MINUTES OF THEIR MEETING. FOR OTHER OFFICERS AND SENIOR MANAGEMENT, THE INFORMATION IS REVIEWED BY THE CEO AND THE V.P. OF HUMAN RESOURCES BEFORE FINALIZING RANGES, AND COPIES OF THE SURVEY DATA ARE KEPT IN THE FILES OF THE HUMAN RESOURCES DEPARTMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF BOARD OF DIRECTOR DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 2C: | THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALLIANCELINK INSURANCE SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3315 ALMADEN EXPRESSWAY STE 55 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812748495 | EIN |
| Primary Activities | INSURANCE SALES | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $13,811 | TotalIncomeAmt |
| End Of Year Assets | $88,964 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXCITE CREDIT UNION | BusinessNameLine1Txt |