CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO (EIN 84-0417233)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201933199349320683
- Schema version
- 2018v3.1
- 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 | 2019-11-15T15:53:19-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952302617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BOULEVARD 7TH FLOOR | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900243783 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840417233 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNWEST EDUCATIONAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUNW | BusinessNameControlTxt |
| Phone | 7195610804 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4141 SOVEREIGN CIRCLE | AddressLine1Txt |
| City | PUEBLO | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY GALASSINI | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 7195610804 | PhoneNum |
| Signature | 2019-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NAZANIN BENYAMINI | PreparerPersonNm |
| PTIN | P00666808 | PTIN |
| Phone | 3104773924 | PhoneNum |
| Preparation | 2019-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 206.169.119.90 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 08:02:50 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 16216757E1C7F4A8F017F34A363BE11F9E52B7F0 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 473640FDEF1A3D62FD5FF4A66A11C4C3FE58B581 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNWEST CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JANICE MEHLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4141 SOVEREIGN CIRCLE | AddressLine1Txt |
| City | PUEBLO | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,182,911 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SUNWESTECU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1935 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | SUNWEST WILL OFFER A COMPREHENSIVE RANGE OF SUPERIOR FINANCIAL SERVICES, BUILD AND RETAIN SUFFICIENT CAPITAL TO PROMOTE GROWTH AND OFFER THE BEST POSSIBLE RETURN TO ITS MEMBERS, PROACTIVELY BUILD MEMBER FINANCIAL EDUCATION, ADD VALUE TO OUR COMMUNITY THROUGH ACTIVE PARTICIPATION AND PROTECT AND KEEP OUR MEMBER'S INFORMATION SAFE AND SECURE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 45 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $11,968 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$169 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,923,267 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,342,197 | CYProgramServiceRevenueAmt |
| PY Investment Income | $537,477 | PYInvestmentIncomeAmt |
| CY Investment Income | $755,529 | CYInvestmentIncomeAmt |
| PY Other Revenue | $48,990 | PYOtherRevenueAmt |
| CY Other Revenue | $66,785 | CYOtherRevenueAmt |
| PY Total Revenue | $5,509,734 | PYTotalRevenueAmt |
| CY Total Revenue | $6,164,511 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,762,487 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,938,095 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,665,509 | PYOtherExpensesAmt |
| CY Other Expenses | $2,785,261 | CYOtherExpensesAmt |
| PY Total Expenses | $4,427,996 | PYTotalExpensesAmt |
| CY Total Expenses | $4,723,356 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,081,738 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,441,155 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $127,845,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $136,277,205 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $115,606,106 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $122,665,077 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,239,720 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,612,128 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SUNWEST CREDIT UNION WILL OFFER A COMPREHENSIVE RANGE OF SUPERIOR FINANCIAL SERVICES, BUILD AND RETAIN SUFFICIENT CAPITAL TO PROMOTE GROWTH AND OFFER THE BEST POSSIBLE RETURN TO ITS MEMBERS, PROACTIVELY BUILD MEMBER FINANCIAL EDUCATION, ADD VALUE TO OUR COMMUNITY THROUGH ACTIVE PARTICIPATION AND PROTECT AND KEEP OUR MEMBER'S INFORMATION SAFE AND SECURE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | ASSIST MEMBERS IN DEFINING AND ACHIEVING THEIR FINANCIAL GOALS BY OFFERING A COMPREHENSIVE RANGE OF SUPERIOR FINANCIAL SERVICES, WHILE MAINTAINING SUFFICIENT CAPITAL TO PROMOTE GROWTH AND PROVIDE EXCELLENT SERVICE AND THE BEST POSSIBLE RETURN TO THE 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 | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | 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 | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 2904 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 45 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | 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 | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | 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 | AMY GALASSINI | PersonNm |
| Phone | 7195610804 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4141 SOVEREIAN CIRCLE | AddressLine1Txt |
| City | PUEBLO | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| GLORIA SANTISTEVAN-FEEBACK | ||||||
| BOARD CHAIRPERSON | 5.00 | Yes (X) | $1,189 | $0 | $0 | |
| DAVID NICCOLI | ||||||
| BOARD VICE CHAIRPERSON | 3.00 | Yes (X) | $1,019 | $0 | $0 | |
| FRED INGO | ||||||
| BOARD SECRETARY | 3.00 | Yes (X) | $1,116 | $0 | $0 | |
| HENRY ROMAN | ||||||
| BOARD TREASURER | 3.00 | Yes (X) | $992 | $0 | $0 | |
| WARREN CURTIS | ||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |
| JACK PECORARO | ||||||
| BOARD MEMBER | 3.00 | Yes (X) | $1,093 | $0 | $0 | |
| FRANK ZERFAS | ||||||
| BOARD MEMBER | 3.00 | Yes (X) | $0 | $0 | $0 | |
| JANICE MEHLE | ||||||
| PRESIDENT/CEO | 45.00 | $127,645 | $0 | $12,173 | Yes (X) | |
| LESLIE SHEPARD | ||||||
| SENIOR VICE PRESIDENT | 45.00 | $82,984 | $0 | $11,059 | Yes (X) | |
| AMY GALASSINI | ||||||
| VICE PRESIDENT OF FINANCE | 45.00 | $83,542 | $0 | $10,502 | Yes (X) | |
| ALEXANDER KRINSKY | ||||||
| VICE PRESIDENT OF IT | 45.00 | $24,377 | $0 | $996 | Yes (X) | |
| MICHAEL SHOAF | ||||||
| VICE PRESIDENT OF LENDING | 45.00 | $75,031 | $0 | $1,569 | Yes (X) | |
| JOHN COLEMAN THRU 83118 | ||||||
| VICE PRESIDENT OF IT | 45.00 | $70,810 | $0 | $7,602 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $469,798 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $43,901 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FIDELITY NATIONAL INFORMATION SERVICES | |||||
| 601 RIVERSIDE AVENUE | JACKSONVILLE | FL | 32204 | CARD SERVICES | $214,968 |
| JACK HENRY & ASSOCIATES INC | |||||
| 663 W HWY 60 | MONETT | MO | 65708 | INFORMATION SERVICES | $150,822 |
| CU DIRECT CORPORATION | |||||
| 2855 GUASTI ROAD SUITE 500 | ONTARIO | CA | 91761 | LOAN SYSTEMS | $133,799 |
| CORSENTINO CONSTRUCTION INC | |||||
| 1989 ASPEN CIRCLE | PUEBLO | CO | 81006 | CONSTRUCTION | $108,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST INCOME/LOANS | 522130 | $4,048,910 | $4,048,910 |
| OTHER INCOME | 522130 | $819,246 | $819,246 |
| FEE INCOME | 522130 | $474,041 | $474,041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,342,197 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $773,929 | TotalRevenueColumnAmt |
| Exclusion | $773,929 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $54,817 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $54,817 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,817 | TotalRevenueColumnAmt |
| Exclusion | $54,817 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $18,400 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$18,400 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$18,400 | TotalRevenueColumnAmt |
| Exclusion | -$18,400 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-MEMBER ATM FEES | Desc |
| Business | 522130 | BusinessCd |
| Total Revenue Column | $11,968 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $11,968 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,968 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,164,511 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,342,197 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,968 | UnrelatedBusinessRevenueAmt |
| Exclusion | $810,346 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $513,699 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,094,551 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,071 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,965 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,809 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,758 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,828 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,875 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $726,286 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,636 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,411 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,985 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,832 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,649 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,294 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DIVIDEND AND INTEREST E | $482,028 |
| PROVISION FOR LOAN LOSS | $317,131 |
| LOAN SERVICING | $102,122 |
| MISCELLANEOUS | $67,577 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,849 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,723,356 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,132,164 | BOYAmt |
| EOY | $952,279 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,436,780 | BOYAmt |
| EOY | $11,068,264 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,320 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,096,866 | BOYAmt |
| EOY | $90,118,648 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,230 | BOYAmt |
| EOY | $224,916 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,076,963 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,750,019 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,159,733 | BOYAmt |
| EOY | $3,326,944 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,838,615 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,601,058 | BOYAmt |
| EOY | $28,316,118 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,404,060 | BOYAmt |
| EOY | $2,270,036 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,845,826 | BOYAmt |
| EOY | $136,277,205 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $641,285 | BOYAmt |
| EOY | $793,786 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,407 | BOYAmt |
| EOY | $224,950 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,763,414 | BOYAmt |
| EOY | $121,646,341 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,606,106 | BOYAmt |
| EOY | $122,665,077 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
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 | $12,239,720 | BOYAmt |
| EOY | $13,612,128 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,239,720 | BOYAmt |
| EOY | $13,612,128 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,845,826 | BOYAmt |
| EOY | $136,277,205 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,441,155 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$68,747 | 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 | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $201,407 | BeginningBalanceAmt |
| Additions During Year | $494,479 | AdditionsDuringYearAmt |
| Distributions During Year | $470,936 | DistributionsDuringYearAmt |
| Ending Balance | $224,950 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,055,787 | OtherCostOrOtherBasisAmt |
| Book Value | $1,055,787 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,282,627 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,347,798 | DepreciationAmt |
| Book Value | $1,934,829 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,452,804 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,135,157 | DepreciationAmt |
| Book Value | $317,647 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $285,745 | OtherCostOrOtherBasisAmt |
| Depreciation | $267,064 | DepreciationAmt |
| Book Value | $18,681 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,326,944 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENTS | Desc |
| Book Value | $28,316,118 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $28,316,118 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER SHARE AND DEPOSIT ACCOUNTS | Desc |
| Amt | $121,646,341 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $121,646,341 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 2B: | FormAndLineReferenceDesc |
| Explanation | THE ESCROW LIABILITY IS FOR ESCROW ACCOUNTS HELD FOR MEMBERS WHO HAVE MORTGAGE LOANS WITH THE CREDIT UNION TO PAY PROPERTY TAXES AND PROPERTY INSURANCE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE WAY THE CREDIT UNION NAME IS DISPLAYED WAS MODIFIED TO PUEBLO TEACHERS' CREDIT UNION AKA SUNWEST EDUCATIONAL CREDIT UNION AKA SUNWEST CREDIT UNION. THE NAME UNDER WHICH THE ENTITY WILL CONDUCT BUSINESS IS NOW SUNWEST CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBER OWNED, NOT FOR PROFIT FINANCIAL INSTITUTION - STATE CHARTERED CREDIT UNION 11,810 MEMBERS |
| FORM 990, PART VI, SECTION A, LINE 7A | AN ANNUAL ELECTION IS HELD FOR MEMBERSHIP TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. ANY MEMBER IN GOOD STANDING OVER 18 YEARS OF AGE MAY RUN FOR AN OPEN POSITION ON THE BOARD THAT IS VACATED DUE TO AN EXPIRING TERM OR OTHER CIRCUMSTANCE WHICH MAY CREATE A VACANCY. ALL MEMBERS IN GOOD STANDING OVER 18 YEARS OF AGE ARE ELIGIBLE TO VOTE. EACH MEMBER IS ENTITLED TO ONLY ONE VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE COMPLETED FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS UPON COMPLETION. THE VICE PRESIDENT OF FINANCE IS AVAILABLE TO ANSWER ANY QUESTIONS. THE 990 IS THEN VOTED ON AND APPROVED BY A QUORUM OF THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES AND VOLUNTEERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS. CONFLICTS OF INTEREST ARE DETERMINED AT AN EXECUTIVE/BOARD LEVEL. ACTUAL CONFLICTS OF INTEREST ARE REVIEWED AT AN EXECUTIVE/BOARD LEVEL. ANNUAL DISCLOSURE STATEMENTS MUST BE SIGNED BY ALL EMPLOYEES AND VOLUNTEERS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE PRESIDENT/CEO, USING AVAILABLE COMPARABILITY DATA, INCLUDING COMPENSATION SURVEYS. THE BOARD OF DIRECTORS HAS GRANTED THE PRESIDENT/CEO AUTHORITY TO DETERMINE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION WITHIN THE COMPENSATION BUDGET. COMPENSATION REVIEWS ARE PERFORMED ANNUALLY AND WERE LAST CONDUCTED IN 2018. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE MAIN OFFICE OF THE CREDIT UNION UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | COMPUTER FEES 104,483. ATM FEES 317,945. OTHER PROFESSIONAL 303,858. |
| FORM 990, PART XII, LINE 2: | THE CREDIT UNION HAS ENGAGED AN AUDIT FIRM TO CONDUCT AN AGREED-UPON PROCEDURES ENGAGEMENT FOR THE PERIOD OF JULY 1, 2018 THROUGH JUNE 30, 2019. THE ENGAGEMENT WILL MEET THE MINIMUM REQUIREMENTS ESTABLISHED BY PART 715 OF THE NCUA RULES AND REGULATIONS. |