2020-11-10T08:15:53-06:00 2019-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2019-01-01 850124035 DEL NORTE CREDIT UNION DELN 5054555445 PO BOX 1180 LOS ALAMOS NM 87544 CHUCK VALENTI CEO 5054555445 2020-11-09 1 REBECCA A RODRIGUEZ P01073764 2108286281 2020-11-09 70.123.210.99 2020-11-09 14:38:38 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 41CC6A04A0DE7FF40B155173CE262DCBE8CF21CD 2019 2021-04-22 16:20:28Z CHUCK VALENTI 3286 CERRILLOS RD SANTA FE NM 87507 35153301 0 X WWW.DNCU.ORG X 1954 NM ORGANIZED AS A COOPERATIVE ASSOCIATION WITH THE MISSION OF IMPROVING LIVES BY PROMOTING THRIFT AMONG, AND CREATING A SOURCE OF CREDIT FOR, ITS MEMBERS. 9 9 206 14 78930 -104455 0 0 29577873 34985818 42931 42135 0 0 29620804 35027953 0 0 0 0 11120637 12070086 0 0 0 12883654 14402190 24004291 26472276 5616513 8555677 636677444 702040123 564285550 621092572 72391894 80947551 ORGANIZED AS A COOPERATIVE ASSOCIATION WITH THE MISSION OF IMPROVING LIVES BY PROMOTING THRIFT AMONG, AND CREATING A SOURCE OF CREDIT FOR, ITS MEMBERS. 0 0 THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER LOANS, SHARE CERTIFICATES, AND OTHER EXEMPT FUNCTION ACTIVITIES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9117 0 1 206 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X DEBRA CHAVEZ 5054555445 PO BOX 1180 LOS ALAMOS NM 87544 CHARLES VALENTI CEO 40.00 X 340921 0 42176 KERRY STACY CHIEF STRATEGY OFFICER 40.00 X 169689 0 46007 CHRIS MCGEE CHIEF INFORMATION OFFICER 40.00 X 164717 0 48457 DEBBIE SALAZAR CHIEF OPERATING OFFICER 40.00 X 163908 0 46602 DAVID WEIDAUER EVP 40.00 X 157052 0 39973 JOLENE ALLEN CHIEF ADMIN. OFFICER 40.00 X 166425 0 29077 JOHN MOLENDA EVP (UNTIL 7/1/2019) 40.00 1.00 X 176718 0 15955 JERI BISHOP VP MEMBER SOLUTIONS (UNTIL 8/1/2019) 40.00 X 176990 0 8831 AMANDA GEORGE MORTGAGE LOAN OFFICER 40.00 X 171526 0 13315 MARCO PADILLA VP MORTGAGE LENDING 40.00 X 119923 0 32836 KIM CURRIE SR VP OF MARKETING 40.00 X 111106 0 41137 LISA MUNOZ MORTGAGE LOAN OFFICER 40.00 X 116434 0 34056 PAM ATENCIO VP OPERATIONS 40.00 X 107256 0 29644 KEVIN SOUTHWICK SR VP OF LENDING 40.00 X 98354 0 26209 CLYDE LEYBA BOARD MEMBER/CHAIR 1.00 X X 0 0 0 ART SALGADO BOARD MEMBER/VICE CHAIR 1.00 X X 0 0 0 LILLIEMAE ORTIZ BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 LEVI LOPEZ BOARD MEMBER/TREASURER 1.00 X X 0 0 0 ROGER STUTZ SUPERVISORY MEMBER/CHAIR 1.00 X X 0 0 0 IVIE VIGIL SUPERVISORY MEMBER/SECRETARY 1.00 X X 0 0 0 LUIS ALBA BOARD MEMBER/DIRECTOR 1.00 X 0 0 0 LEN MONTOYA BOARD MEMBER/DIRECTOR 1.00 X 0 0 0 BENITO SALAZAR BOARD MEMBER/DIRECTOR 1.00 X 0 0 0 JULIE FELDMAN BOARD MEMBER/DIRECTOR 1.00 X 0 0 0 DELIA CISNEROS BOARD MEMBER/DIRECTOR 1.00 X 0 0 0 DON CLOSE SUPERVISORY MEMBER 1.00 X 0 0 0 GEORGE BEST SUPERVISORY MEMBER 1.00 X 0 0 0 DAVID LEE SUPERVISORY MEMBER 1.00 X 0 0 0 2241019 0 454275 15 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING COMPANY/DIGITAL D 1683788 VISA PO BOX 742233 LOS ANGELES CA 90074 CREDIT CARD PROCESSING COMPANY 330332 CORELATION INC 2305 HISTORIC DECATUR RD STE 300 SAN DIEGO CA 92106 CORE PROCESSOR SOFTWARE, MAINTENANCE AND 198611 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 BILL PAY SERVICES 164482 DOVENMUEHLE MORTGAGE 1 CORPORATE DR STE 360 LAKE ZURICH IL 60047 MORTGAGE SERVICER 135835 6 PROGRAM SERVICES 511110 34906888 34906888 INVESTMENT SERVICES 523930 78930 78930 34985818 167483 125348 42135 42135 42135 35027953 34949023 78930 0 575769 8200432 554365 2041867 697653 32469 100000 984354 620509 2801573 665047 178869 233381 1682382 1166593 132922 PROVISION FOR LOAN LOSS 2531647 OPERATIONS 1666976 LOAN SERVICING EXPENSE 1605418 EXCISE TAX 50 26472276 61679917 74733992 1052511 1386277 492586328 552732703 752053 909359 34837887 12467231 23064942 22370656 51502472 42510224 6039221 7396912 636677444 702040123 2844866 3367711 46136 12750 561394548 617712111 564285550 621092572 X 0 0 0 0 72391894 80947551 72391894 80947551 636677444 702040123 X 8555677 -20 X X 0 1 X 1 0 4559752 4559752 19260402 4990352 14270050 614132 614132 0 10403601 6862747 3540854 22370656 COLI INVESTMENT 11865272 C INVESTMENT IN NCUSIF 5384028 C INVESTMENTS 25260924 C 42510224 DEFERRED CREDITS 17725 IRA REGULAR SHARES 15507092 IRA SHARE CERTIFICATES 5401515 OTHER LIABILITIES 3298509 REGULAR SHARE CERTIFICATES 86133042 SHARE DRAFT ACCOUNTS -14797 SHARES 507369025 617712111 X PART X, LINE 2: THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY ON EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X 1 1 X X X 0 1 0 CHARLES VALENTI CEO 309400 0 29541 0 1980 0 21000 0 21176 0 383097 0 0 0 KERRY STACY CHIEF STRATEGY OFFICER 154999 0 14000 0 690 0 19528 0 26479 0 215696 0 0 0 CHRIS MCGEE CHIEF INFORMATION OFFICER 154417 0 10000 0 300 0 19888 0 28569 0 213174 0 0 0 DEBBIE SALAZAR CHIEF OPERATING OFFICER 148618 0 14000 0 1290 0 19368 0 27234 0 210510 0 0 0 DAVID WEIDAUER EVP 151362 0 5000 0 690 0 13985 0 25988 0 197025 0 0 0 JOLENE ALLEN CHIEF ADMIN. OFFICER 160445 0 4000 0 1980 0 18749 0 10328 0 195502 0 0 0 JOHN MOLENDA EVP (UNTIL 7/1/2019) 162023 0 14000 0 695 0 12652 0 3303 0 192673 0 0 0 JERI BISHOP VP MEMBER SOLUTIONS (UNTIL 8/1/2019) 117040 0 2500 0 57450 0 8343 0 488 0 185821 0 0 0 AMANDA GEORGE MORTGAGE LOAN OFFICER 50345 0 120905 0 276 0 12844 0 471 0 184841 0 0 0 MARCO PADILLA VP MORTGAGE LENDING 109660 0 10000 0 263 0 4096 0 28740 0 152759 0 0 0 KIM CURRIE SR VP OF MARKETING 105126 0 4000 0 1980 0 12622 0 28515 0 152243 0 0 0 LISA MUNOZ MORTGAGE LOAN OFFICER 46173 0 70145 0 116 0 8471 0 25585 0 150490 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATES IN A 457(B) PLAN: CHARLES VALENTI, JOHN MOLENDA, KERRY STACY, JOLENE ALLEN, CHRIS MCGEE, DAVID WEIDAUER, KIM CURRIE, DEBBIE SALAZAR, KEVIN SOUTHWICK, JERI BISHOP, MARCO PADILLA AND PAM ATENCIO. ALL EMPLOYEES BELOW WERE ISSUED AN EMPLOYER CONTRIBUTION. CHARLES VALENTI AND JOHN MOLENDA CONTRIBUTED TO THE 457(B) PLAN THROUGH PAYROLL DEDUCTIONS DURING 2019. KERRY STACY 7,083 JOLENE ALLEN 6,798 CHRIS MCGEE 7,691 DAVID WEIDAUER 2,143 KIM CURRIE 4,321 DEBBIE SALAZAR 7,362 KEVIN SOUTHWICK 3,594 JERI BISHOP 3,930 MARCO PADILLA 4,096 PAM ATENCIO 4,450 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. THE CAPITAL OF DNCU SHALL CONSIST OF SHARE ACCOUNTS, MEMBERSHIP SHARES, RESERVES, AND UNDIVIDED EARNINGS. MEMBERSHIP SHARES SHALL HAVE A PAR VALUE OF $5.00. FORM 990, PART VI, SECTION A, LINE 7A IN ALL ELECTIONS EACH MEMBER IN GOOD STANDING SHALL HAVE ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES OR ACCOUNTS HELD BY HIM, HER, OR IT. ELIGIBILITY TO VOTE SHALL BE DETERMINED BY THE FEDERAL TAX IDENTIFICATION NUMBER OF EACH ACCOUNT. MEMBERS WITH MULTIPLE ACCOUNTS WITH THE SAME FEDERAL TAX IDENTIFICATION NUMBER SHALL ONLY BE ENTITLED TO ONE VOTE. ONLY THE PERSON OR ENTITY WHOSE FEDERAL TAX ID NUMBER APPEARS ON THE ACCOUNT MAY VOTE. IF A MEMBER IS A NATURAL PERSON, HE/SHE MUST BE 18 YEARS OF AGE OR OLDER ON THE DATE OF THE ANNUAL MEETING TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND EVP REVIEW THE RETURNS BEFORE THEY ARE FILED AND THEN SIGNED BY THE CEO. FORM 990, PART VI, SECTION B, LINE 12C A FORM IS FILLED OUT ANNUALLY BY EACH EMPLOYEE AND KEPT IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD MAY HIRE A CHIEF EXECUTIVE OFFICER RESPONSIBLE FOR THE MANAGEMENT OF DEL NORTE CREDIT UNION. SAID CHIEF EXECUTIVE OFFICER SHALL BE KNOWN AS THE PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO). THE PRESIDENT/CEO SHALL NOT BE A MEMBER OF THE BOARD. THE PRESIDENT/CEO SHALL SERVE AT THE DISCRETION OF THE BOARD AND BE SUBJECT TO THE DIRECTION AND APPROVAL OF THE BOARD. THE PRESIDENT/CEO SHALL REPORT AND BE RESPONSIBLE TO THE BOARD. THE CEO DETERMINES KEY EMPLOYEES' SALARIES WHICH ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED ON THE DNCU.ORG WEBSITE FOR THE PUBLIC TO VIEW. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME -20. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENTS ARE AUDITED EVERY YEAR ENDING MARCH 31ST BY NEARMAN CPA'S. DEL NORTE LOV FOUNDATION 3286 CERRILLOS RD SANTA FE NM 87507 824777209 SCHOLARSHIPS FUNDING NM 501(C)(3) LINE 7 DEL NORTE CREDIT UNION 0 CU ANYTIME LLC 3121 CARLISLE BLVD NE ALBUQUERQUE NM 87110 742814060 SHARED ATM NM NONE RELATED -27575 1347475 0 0 0.12280 CUPR1ME INC 3286 CERRILLOS RD SANTA FE NM 87507 850340201 FINANCIAL SERVICES NM DEL NORTE CREDIT UNION C -5776 187169 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0