2019-11-15T15:32:43-06:00 2018-12-31 420714325 RSM US LLP 811 BARTON SPRINGS ROAD SUITE 500 AUSTIN TX 78704 990 2018-01-01 850124035 DEL NORTE CREDIT UNION DELN 5054555445 PO BOX 1180 LOS ALAMOS NM 87544 CHUCK VALENTI CEO 5054555445 2019-11-13 1 KEVIN E FINCHER P00291599 5124760717 66.98.98.135 2019-11-13 12:02:24 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 41CC6A04A0DE7FF40B155173CE262DCBE8CF21CD 2018 2020-03-31 21:24:44Z CHUCK VALENTI 3286 CERRILLOS RD SANTA FE NM 87507 30055263 0 X WWW.DNCU.ORG X 1954 NM DEL NORTE CREDIT UNION (DNCU) OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 9 9 192 14 105667 -52336 0 0 24747748 29577873 57960 42931 0 0 24805708 29620804 0 0 0 0 9587393 11120637 0 0 0 12075437 12883654 21662830 24004291 3142878 5616513 592481833 636677444 525746037 564285550 66735796 72391894 DEL NORTE CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 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 8308 0 1 192 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 0 1 1 X DEBRA CHAVEZ 5054555445 3286 CERRILLOS RD SANTA FE NM 87507 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 LUIS ALBA BOARD MEMBER/TREASURER 1.00 X X 0 0 0 LILLIEMAE ORTIZ BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 LEVI LOPEZ BOARD MEMBER 1.00 X 0 0 0 LEN MONTOYA BOARD MEMBER 1.00 X 0 0 0 BENITO SALAZAR BOARD MEMBER 1.00 X 0 0 0 JULIE FELDMAN BOARD MEMBER 1.00 X 0 0 0 DELIA CISNEROS BOARD MEMBER 1.00 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 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 CHUCK VALENTI CEO 40.00 X 1809398 0 37313 JOHN MOLENDA EVP 40.00 1.00 X 263061 0 21299 DEBBIE SALAZAR COO 40.00 1.00 X 162639 0 33257 JOLENE ALLEN SR. VP HR 40.00 X 154013 0 19869 CHRISTOPHER MCGEE CHIEF INFORMATION OFFICER 40.00 X 156090 0 33063 KERRY A STACY CHIEF STRATEGY OFFICER 40.00 X 162243 0 33333 AMANDA GEORGE MORTGAGE LOAN OFFICER 40.00 X 155389 0 12342 2862833 0 190476 10 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING COMPANY/DIGITAL D 1533500 WILGER ENTERPRISES INC 425 EDMON NE ALBUQUERQUE NM 87107 BUILDING CONTRACTOR 1222736 CORELATION INC 2305 HISTORIC DECATUR RD STE 300 SAN DIEGO CA 92106 CORE PROCESSOR SOFTWARE, MAINTENANCE AND 693780 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 BILL PAY SERVICES 568424 VISA PO BOX 742233 LOS ANGELES CA 90074 CREDIT CARD PROCESSING COMPANY 514537 16 PROGRAM SERVICES 511110 29472206 29472206 INVESTMENT SERVICES 523930 105667 105667 29577873 477390 434459 42931 42931 42931 29620804 29515137 105667 0 2131071 6016207 622978 1697959 652422 52916 73793 825004 548965 2478467 645292 223532 264225 1105779 957529 159374 PROVISION FOR LOAN LOSS 2287465 OPERATIONS 1665832 LOAN SERVICING EXPENSE 1435431 EXCISE TAX 160050 24004291 87720901 61679917 957244 1052511 412004099 492586328 554883 752053 34365580 11300638 22371188 23064942 64265976 51502472 4607542 6039221 592481833 636677444 3608671 2844866 22893 46136 522114473 561394548 525746037 564285550 X 0 0 0 0 66735796 72391894 66735796 72391894 592481833 636677444 X 5616513 39585 X X 0 1 X 1 0 4524752 4524752 19234910 4706759 14528151 614132 613465 667 9991786 5980414 4011372 23064942 INVESTMENTS 34726509 C INVESTMENT IN NCUSIF 5242346 C COLI INVESTMENT 11533617 C 51502472 DEFERRED CREDITS 1760 IRA REGULAR SHARES 15522786 IRA SHARE CERTIFICATES 6458961 OTHER LIABILITIES 4236269 REGULAR SHARE CERTIFICATES 67475022 SHARE DRAFT ACCOUNTS 906054 SHARES 466793696 561394548 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. AS OF AND FOR THE TAX YEARS ENDED DECEMBER 31, 2018 AND 2017, MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X X 1 1 X X 0 1 0 CHUCK VALENTI CEO 321913 0 0 0 1487485 0 20625 0 16688 0 1846711 0 0 0 JOHN MOLENDA EVP 263061 0 0 0 0 0 18351 0 2948 0 284360 0 0 0 DEBBIE SALAZAR COO 162639 0 0 0 0 0 12400 0 20857 0 195896 0 0 0 JOLENE ALLEN SR. VP HR 154013 0 0 0 0 0 11556 0 8313 0 173882 0 0 0 CHRISTOPHER MCGEE CHIEF INFORMATION OFFICER 156090 0 0 0 0 0 12128 0 20935 0 189153 0 0 0 KERRY A STACY CHIEF STRATEGY OFFICER 162243 0 0 0 0 0 12418 0 20915 0 195576 0 0 0 AMANDA GEORGE MORTGAGE LOAN OFFICER 155389 0 0 0 0 0 11630 0 712 0 167731 0 0 0 PART I, LINE 4B THE CEO PARTICIPATES IN A 457(F) PROGRAM AND RECIEVED $1,487,485 DURING THE YEAR. 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 RESPECTIVE 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 15A 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 39,585. 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 -74162 1222174 0 0 0.12280 CUPR1ME INC 3286 CERRILLOS RD SANTA FE NM 87507 850340201 FINANCIAL SERVICES NM DEL NORTE CREDIT UNION C 5434 192945 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0