NORTHWOODS CREDIT UNION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: NORTHWOODS CREDIT UNION (EIN 41-0653148)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-06-22
IRS object ID: 202021749349300917
Schema version: 2019v5.1
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-06-22T11:28:02-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390758449	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WIPFLI LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8665 HUDSON BLVD N SUITE 200	AddressLine1Txt
City	ST PAUL	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55042	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	410653148	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORTHWOODS CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NORT	BusinessNameControlTxt
Phone	2188794181	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1702 AVE B	AddressLine1Txt
City	CLOQUET	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55720	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAULA OLSEN	PersonNm
Person Title	VP OF ACCOUNTING	PersonTitleTxt
Phone	2188794181	PhoneNum
Signature	2020-05-26	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAN PATRICK CPA	PreparerPersonNm
PTIN	P01771992	PTIN
Phone	6516366468	PhoneNum
Preparation	2020-05-20	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	73.242.107.230	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-05-26	IPDt
IP Tm	09:31:51	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3E5E2D126595CF5781BCA1491F41D99BC08DE375	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DOUG WOLF	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1702 AVE B	AddressLine1Txt
City	CLOQUET	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55720	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,461,207	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.NORTHWOODSCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1936	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	PROVIDE CREDIT UNION SERVICES TO MEMBERS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	60	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$12,081	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$13,916	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,916,387	PYProgramServiceRevenueAmt
CY Program Service Revenue	$8,229,525	CYProgramServiceRevenueAmt
PY Investment Income	$293,654	PYInvestmentIncomeAmt
CY Investment Income	$141,999	CYInvestmentIncomeAmt
PY Other Revenue	$58,514	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$7,268,555	PYTotalRevenueAmt
CY Total Revenue	$8,371,524	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$29,551	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,279,147	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,536,038	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,743,544	PYOtherExpensesAmt
CY Other Expenses	$4,131,273	CYOtherExpensesAmt
PY Total Expenses	$7,022,691	PYTotalExpensesAmt
CY Total Expenses	$7,696,862	CYTotalExpensesAmt
PY Revenues Less Expenses	$245,864	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$674,662	CYRevenuesLessExpensesAmt
Total Assets BOY	$112,837,575	TotalAssetsBOYAmt
Total Assets EOY	$120,165,800	TotalAssetsEOYAmt
Total Liabilities BOY	$100,973,231	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$107,626,794	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$11,864,344	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$12,539,006	NetAssetsOrFundBalancesEOYAmt
Mission	TO BE THE TRUSTED FINANCIAL PARTNER FOR OUR MEMBERS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	DIVIDENDS AND INTEREST ON MEMBER SAVINGS ACCOUNTS AND LOANS TO MEMBERS.	Desc
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	0	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	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	2514	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	60	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	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PAULA OLSEN	PersonNm
Phone	2188794181	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	90 ARROWHEAD LANE PO BOX 489	AddressLine1Txt
City	MOOSE LAKE	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55767	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ANN DUNAISKI
DIRECTOR	0.64	Yes (X)	$704	$0	$0
LISA FOLLETT-POLLAK
DIRECTOR	0.70	Yes (X)	$757	$0	$0
DAKOTA KOSKI
DIRECTOR (THRU MARCH)	0.50	Yes (X)	$116	$0	$0
NATHAN MANNER
ASSOCIATE DIRECTOR	0.70	Yes (X)	$725	$0	$0
KASEY OLSON
SUPERVISORY COMMITTEE (NON-VOTING)	0.64	Yes (X)	$694	$0	$0
VICKI RADTKE
SUPERVISORY COMMITTEE (NON-VOTING)	0.80	Yes (X)	$636	$0	$0
NICHOLAS SILTANEN
SUPERVISORY COMMITTEE CHAIR (NON-VOTING)	1.00	Yes (X)	$1,082	$0	$0
DEBRA J LARSON
CHAIRPERSON	1.00	Yes (X)	$1,077	$0	$0	Yes (X)
LARRY CHAMPEAUX
VICE-CHAIRPERSON	0.60	Yes (X)	$688	$0	$0	Yes (X)
DEAN FORSYTHE
VICE CHAIRPERSON (THRU OCTOBER)	0.60	Yes (X)	$530	$0	$0	Yes (X)
CHRISTINE NIELSON-RINGAT
SECRETARY	0.90	Yes (X)	$1,002	$0	$0	Yes (X)
JEFFREY KLETSCHER
TREASURER	1.00	Yes (X)	$1,045	$0	$0	Yes (X)
DOUG WOLF
PRESIDENT/CEO	40.00		$157,257	$0	$37,755	Yes (X)
MATTHEW FERRIN
CFO	40.00		$118,977	$0	$21,765	Yes (X)
TERRY BURN
SVP - CHIEF RISK OFFICER	40.00		$111,427	$0	$36,544		Yes (X)
MARY GOLEN
CHIEF LENDING OFFICER	40.00		$127,620	$0	$28,962		Yes (X)
SUSAN LANGENBRUNNER
EVP	40.00		$102,094	$0	$31,282		Yes (X)
BARBARA BROWN
RETIRED PRESIDENT/CEO	40.00		$221,766	$0	$8,093			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$848,197	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$164,401	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
FISERV
75 REMITTANCE DRIVE SUITE 1649	CHICAGO	IL	606751649	CORE SYSTEM PROVIDER	$574,970
NCRDIGITAL INSIGHT
864 SPRING ST NW	ATLANTA	GA	30308	ONLINE BANKING PROVIDER	$385,606
PSCU
560 CARILLON PARKWAY	ST PETERSBURG	FL	33716	CREDIT CARD SERVICE PROVIDER	$142,223

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOAN	522100	$5,907,560	$5,907,560
FEE INCOME	522100	$2,321,965	$2,309,884	$12,081

Field	Value	IRS element (for citing)
Total Program Service Revenue	$8,229,525	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$176,395	TotalRevenueColumnAmt
Exclusion	$176,395	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$55,287	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$89,683	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$34,396	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$34,396	TotalRevenueColumnAmt
Exclusion	-$34,396	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,371,524	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,217,444	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$12,081	UnrelatedBusinessRevenueAmt
Exclusion	$141,999	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$29,551	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$344,810	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,388,490	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$164,305	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$477,056	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$161,377	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,300	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$624,960	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$156,814	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$267,197	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$715,621	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$224,843	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$83,375	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$11,887	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,050	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$322,169	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$61,289	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
DIVIDENDS ON MEMBER SHA	$773,316
LOAN & CLOSING COSTS	$328,965
ATM EXPENSES	$191,354
PROVISION FOR LOAN LOSS	$175,269

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$191,864	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,696,862	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,468,464	BOYAmt
EOY	$2,547,596	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,581,675	BOYAmt
EOY	$6,781,571	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$236,991	BOYAmt
EOY	$247,178	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$92,369,304	BOYAmt
EOY	$97,954,870	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$203,859	BOYAmt
EOY	$132,539	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$7,449,438	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,780,450	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$4,503,222	BOYAmt
EOY	$4,668,988	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$5,393,000	BOYAmt
EOY	$3,147,000	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,145,000	BOYAmt
EOY	$714,587	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$3,936,060	BOYAmt
EOY	$3,971,471	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$112,837,575	BOYAmt
EOY	$120,165,800	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$996,271	BOYAmt
EOY	$797,176	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$99,976,960	BOYAmt
EOY	$106,829,618	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$100,973,231	BOYAmt
EOY	$107,626,794	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	$11,864,344	BOYAmt
EOY	$12,539,006	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$11,864,344	BOYAmt
EOY	$12,539,006	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$112,837,575	BOYAmt
EOY	$120,165,800	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$674,662	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$546,800	OtherCostOrOtherBasisAmt
Book Value	$546,800	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,369,255	OtherCostOrOtherBasisAmt
Depreciation	$1,542,470	DepreciationAmt
Book Value	$3,826,785	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,533,383	OtherCostOrOtherBasisAmt
Depreciation	$1,237,980	DepreciationAmt
Book Value	$295,403	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$4,668,988	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARE AND SAVINGS ACCOUNTS	Desc
Amt	$106,829,618	Amt

Field	Value	IRS element (for citing)
Total Liability	$106,829,618	TotalLiabilityAmt

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	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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
DOUG WOLF
PRESIDENT/CEO	$138,267	$0	$18,990	$0	$0	$0	$8,061	$0	$29,694	$0	$195,012	$0	$0	$0
MARY GOLEN
CHIEF LENDING OFFICER	$94,450	$0	$32,723	$0	$447	$0	$5,567	$0	$23,395	$0	$156,582	$0	$0	$0
BARBARA BROWN
RETIRED PRESIDENT/CEO	$69,245	$0	$152,388	$0	$133	$0	$2,092	$0	$6,001	$0	$229,859	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION IS MADE UP OF MEMBERS/OWNERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE GOVERNING BODY IS ELECTED BY THE MEMBERS OF THE CREDIT UNION.
FORM 990, PART VI, SECTION A, LINE 7B	DECISIONS OF THE BOARD OF DIRECTORS THAT REQUIRE APPROVAL BY MEMBERS INCLUDE MERGERS, CHANGE IN TERM LIMITS, AND BY-LAW CHANGES.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 WILL BE REVIEWED BY THE VICE-PRESIDENT OF ACCOUNTING AS WELL AS THE CFO PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	1) ALL EMPLOYEES AND COMMITTEE MEMBERS ARE COVERED. 2) EMPLOYEE OR OFFICIAL IS SUPPOSED TO INFORM US OF A POTENTIAL CONFLICT OF INTEREST. 3) EXECUTIVE MANAGEMENT WOULD DETERMINE IF THERE IS A CONFLICT OF INTEREST WITH AN EMPLOYEE. BOARD OF DIRECTORS WOULD MAKE THE DETERMINATION IF THE POTENTIAL CONFLICT INVOLVES AN OFFICIAL. 4) EMPLOYEE OR OFFICIAL WOULD NOT BE ABLE TO PARTICIPATE IN DELIBERATIONS AND DECISIONS INVOLVING THE TRANSACTION IF A CONFLICT OF INTEREST IS DETERMINED.
FORM 990, PART VI, SECTION B, LINE 15	THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT INCLUDED REVIEW AND APPROVAL OF THE MEMBERS OF THE BOARD OF DIRECTORS BASED ON REVIEW OF SALARIES OF COMPARABLE POSITIONS. SALARY RANGES FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY USING A BOOK FROM CUNA THAT LISTS RANGES FOR VARIOUS JOB TITLES BASED IN OUR REGION. IMMEDIATE SUPERVISOR AS WELL AS THE EXECUTIVE MANAGEMENT TEAM WORK TOGETHER TO DETERMINE WHERE IN THAT RANGE AN INDIVIDUAL EMPLOYEE FALLS BASED ON THEIR KNOWLEDGE AND EXPERIENCE.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF OUR AVENUE B OFFICE. POLICIES THAT ARE REQUIRED TO BE SHARED WOULD BE AVAILABLE UPON REQUEST.