STRATEGY STUDIO / PUBLIC DATA EXPLORER

SILVER STATE SCHOOLS CREDIT UNION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SILVER STATE SCHOOLS CREDIT UNION (EIN 88-0062898)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-06
IRS object ID
202533109349302353
Schema version
2024v5.2
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

FieldValueIRS element (for citing)
Return2025-11-06T11:46:31-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Eide Bailly LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14585 Coleman St Ste 200AddressLine1Txt
CityBismarckCityNm
State AbbreviationNDStateAbbreviationCd
ZIP58503ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN880062898EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools Credit UnionBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSILVBusinessNameControlTxt
Phone8003579654PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DriveAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89119ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonScott ArkillsPersonNm
Person TitlePresident/CEOPersonTitleTxt
Phone8003579654PhoneNum
Signature2025-11-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLisa Chaffee CPAPreparerPersonNm
PTINP00193453PTIN
Phone7012551091PhoneNum
Preparation2025-11-05PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerScott ArkillsPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DriveAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89119ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$73,510,809GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.silverstatecu.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1951FormationYr
Legal Domicile StateNVLegalDomicileStateCd
Activity Or MissionFinancial services for members.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee294TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$52,780,165PYProgramServiceRevenueAmt
CY Program Service Revenue$61,910,821CYProgramServiceRevenueAmt
PY Investment Income$5,498,664PYInvestmentIncomeAmt
CY Investment Income$7,896,915CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$58,278,829PYTotalRevenueAmt
CY Total Revenue$69,807,736CYTotalRevenueAmt
PY Grants And Similar Paid$82,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$68,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$16,584,305PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$18,716,483CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$34,493,822PYOtherExpensesAmt
CY Other Expenses$49,198,068CYOtherExpensesAmt
PY Total Expenses$51,160,127PYTotalExpensesAmt
CY Total Expenses$67,982,551CYTotalExpensesAmt
PY Revenues Less Expenses$7,118,702PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,825,185CYRevenuesLessExpensesAmt
Total Assets BOY$1,139,471,028TotalAssetsBOYAmt
Total Assets EOY$1,250,197,010TotalAssetsEOYAmt
Total Liabilities BOY$1,063,627,002TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,172,291,567TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$75,844,026NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$77,905,443NetAssetsOrFundBalancesEOYAmt
MissionExcellent Member Service and Financial Solutions - for Life!MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescSince it's inception in 1951, Silver State Schools Credit Union (SSSCU) has been deeply rooted in the Southern Nevada community, focusing on improving and strengthening the region it serves. SSSCU is a state chartered co-operative, owned by and designed to serve its members. The core of SSSCU is Southern Nevada and those serving and participating in education. Anyone associated with any educational organization, be they volunteers, students, retirees, employees and members of organizations such as PTAs or PTOs, are eligible to join SSSCU.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20034IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee294EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Scott Arkills CEOPresidentBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7026611232PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DrAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89119ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Mitch Fox
Chair10.00Yes (X)Yes (X)$0$0$0
Mary Beth Scow
Vice Chair10.00Yes (X)Yes (X)$0$0$0
George Ann Rice
Secretary/Treasurer10.00Yes (X)Yes (X)$0$0$0
Larry Moulton
Director10.00Yes (X)$0$0$0
Joyce Woodhouse
Director10.00Yes (X)$0$0$0
Ida Chapki
Director as of August10.00Yes (X)$0$0$0
Ken Lange
Director10.00Yes (X)$0$0$0
Scott Arkills
CEO/President40.00Yes (X)$622,000$0$33,945
Raymond Wilson
SVP/CFO40.00Yes (X)$300,418$0$32,491
Mel Valenzuela
SVP/CLO40.00Yes (X)$298,933$0$34,392
Ken Downs
SVP/CIO as of July40.00Yes (X)$176,488$0$13,816
Ben Christensen
SVP/CIO thru January40.00Yes (X)$62,361$0$3,962
Ralph Ramirez
SVP/CXO40.00Yes (X)$297,941$0$25,518
Ann Johnson
SVP/CAO40.00Yes (X)$303,780$0$25,846
Robert Rivas
VP of Information Technology40.00$191,155$0$18,123Yes (X)
Cody Goulding
VP/Controller40.00$185,636$0$22,033Yes (X)
Ariana Hites
VP of Member Services40.00$143,368$0$21,122Yes (X)
Alfie Hernandez
Accounting Manager40.00$114,608$0$8,976Yes (X)
Oscar Moran
AVP Real Estate Lending40.00$133,396$0$16,324Yes (X)
Heidi Muenchow
AVP Remore Services40.00$116,539$0$16,941Yes (X)
Randy Traub
VP Consumer Lending40.00$139,213$0$21,198Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,085,836TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$294,687TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K20IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Digital First Holdings LLC
PO Box 660367DallasTX752660367Online Banking/Bill Pay Service Provider$1,352,523
Jack Henry and Associates Inc
PO Box 609MonettMO65708Core Systems Service Provider$1,097,676
Harland Clarke
PO Box 931898AtlantaGA31193Mortgage, Visa, & Reg Stmts & Notices/La$763,605
Visa USA Inc
PO Box 742233Los AngelesCA900742233Card Processing$761,446
The Drala Project Inc
2629 Mantattan Ave 307Hermosa BeachCA90254IT Hardware & Software Support$404,837
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K35CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Interest on Loans522100$48,560,436$48,560,436
Fees and Charges522100$7,255,605$7,255,605

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,094,780TotalRevenueColumnAmt
Related Or Exempt Func Income$6,094,780RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$61,910,821TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,070,802TotalRevenueColumnAmt
Exclusion$7,070,802ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$4,529,186OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$3,703,073OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$826,113OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$826,113TotalRevenueColumnAmt
Related Or Exempt Func Income$817,204RelatedOrExemptFuncIncomeAmt
Exclusion$8,909ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,807,736TotalRevenueColumnAmt
Related Or Exempt Func Income$62,728,025RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,079,711ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$18,000TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,663,922TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$12,728,132TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$681,823TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,411,246TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,231,360TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$133,752TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$229,607TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$792,457TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,231,834TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$819,146TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,873,091TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$667,200TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$70,835TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$224,944TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$20,431,843TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,294,752TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,852,257TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
Provision for Loan Loss$8,763,315
ATM Processing$2,144,998
Maintenance$1,870,516
Loan Servicing$1,227,229

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,570,292TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$67,982,551TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$33,179,074BOYAmt
EOY$137,639,430EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,644,837BOYAmt
EOY$6,904,351EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,886,348BOYAmt
EOY$1,895,453EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$8,021,727BOYAmt
EOY$8,202,716EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$838,492,018BOYAmt
EOY$888,857,246EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,889,835BOYAmt
EOY$6,173,243EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$27,666,708LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,812,381LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,311,779BOYAmt
EOY$13,854,327EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$202,940,436BOYAmt
EOY$161,698,456EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$26,104,974BOYAmt
EOY$24,971,788EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,139,471,028BOYAmt
EOY$1,250,197,010EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,983,868BOYAmt
EOY$11,144,209EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$206,882BOYAmt
EOY$176,984EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,051,436,252BOYAmt
EOY$1,160,970,374EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,063,627,002BOYAmt
EOY$1,172,291,567EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$75,844,026BOYAmt
EOY$77,905,443EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$75,844,026BOYAmt
EOY$77,905,443EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,139,471,028BOYAmt
EOY$1,250,197,010EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,825,185ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$291,892NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$55,660OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,844,638OtherCostOrOtherBasisAmt
Depreciation$2,059,511DepreciationAmt
Book Value$9,785,127BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,582,360OtherCostOrOtherBasisAmt
Depreciation$5,173,028DepreciationAmt
Book Value$2,409,332BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,239,710OtherCostOrOtherBasisAmt
Depreciation$6,579,842DepreciationAmt
Book Value$1,659,868BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,854,327TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
Regular Shares$366,115,960
Money Market$187,454,920
Draft Account$237,471,180
IRA Shares$10,407,339
IRA CD's$17,515,424
Certificate of Deposit$338,072,492
Operating Lease$3,933,059
FieldValueIRS element (for citing)
Total Liability$1,160,970,374TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Line 2b:Escrow cash held in deposit that will be remitted to a third party. This represents cash held for items such as money paid by a real estate purchaser to show good faith in an offer or amounts collected for homeowner's insurance and taxes as part of monthly mortgage payments from loan borrowers.
Part X, Line 2:Beginning in March 2008, the Internal Revenue Service (IRS) released Technical Advice Memorandums to specific state-chartered credit unions specifying the revenue sources subject to unrelated business income tax (UBIT). UBI may also be subject to tax in certain states. As a result of adopting the Income Tax Topic of the FASB ASC, the Credit Union has assessed its activities and any potential federal or state income tax liability and determined no liability exists from federal or state taxation of activities deemed to be unrelated to its exempt purpose. Management has determined that the financial impact, if any, of not filing UBIT-related income tax returns in previous years would not be material to the Credit Union's consolidated financial statements for the year ended December 31, 2024.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools CU People Over Profit FoundationBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DrAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89119ZIPCd
FieldValueIRS element (for citing)
Recipient EIN831332084RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantGeneral SupportPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient9RecipientCnt
Cash Grant$18,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationScholarships - The scholarships are selected by a committee established by the Board of Directors. SSSCU's Marketing Department is responsible for receiveing all the applications and putting the packets together that removes all student names and other identifying information. The selection committee does not know the personal information of the students until after the selections are made. The selection is made based on the student's grades, community invilvement, extracurricular activities, and their application. The scholarships have GPA requirements that need to be maintained in order to continue receiving the scholarship. Student GPA's are reviewed every semester prior to granting the funds. Grants - For grants given to organizations that do not support scholarships, the organization chooses to provide support to those organizations based on that charitable organization's specific needs. Once the grants are given, no further monitoring is considered necessary.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Scott Arkills
CEO/President$540,000$0$64,000$0$18,000$0$20,700$0$14,129$0$656,829$0$0$0
Mel Valenzuela
SVP/CLO$276,900$0$16,033$0$6,000$0$15,996$0$19,134$0$334,063$0$0$0
Raymond Wilson
SVP/CFO$278,283$0$16,135$0$6,000$0$19,339$0$14,026$0$333,783$0$0$0
Ann Johnson
SVP/CAO$281,566$0$16,214$0$6,000$0$17,640$0$9,081$0$330,501$0$0$0
Ralph Ramirez
SVP/CXO$276,000$0$15,941$0$6,000$0$17,312$0$9,081$0$324,334$0$0$0
Robert Rivas
VP of Information Technology$180,624$0$10,531$0$0$0$11,972$0$6,624$0$209,751$0$0$0
Cody Goulding
VP/Controller$175,386$0$10,250$0$0$0$10,164$0$12,547$0$208,347$0$0$0
Ken Downs
SVP/CIO as of July$170,000$0$3,738$0$2,750$0$7,337$0$6,726$0$190,551$0$0$0
Ariana Hites
VP of Member Services$135,469$0$7,899$0$0$0$8,510$0$13,170$0$165,048$0$0$0
Randy Traub
VP Consumer Lending$132,000$0$7,213$0$0$0$7,954$0$13,780$0$160,947$0$0$0
Oscar Moran
AVP Real Estate Lending$128,000$0$5,396$0$0$0$8,040$0$8,781$0$150,217$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 4bFormAndLineReferenceDesc
ExplanationScott Arkills. The organization deposited funds into a life insurance policy on the participant's life. During life, and subject to the policy generating sufficient values, the participant can borrow from the policy. At death, the organization recovers its premiums plus interest plus additional key-person insurance proceeds.ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonScott ArkillsPersonNm
Relationship With OrgCEORelationshipWithOrgTxt
Loan PurposeSERP Split DollarLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$6,900,000OriginalPrincipalAmt
Balance Due$8,202,716BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$8,202,716TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1aThe Executive Officers (ie. the Chair, Vice Chair & Secretary/Treasurer) collectively shall comprise the Executive Committee. The Committee may act for the Board with respect to specifically delegated functions and subject to such limitations as prescribed by the Board.
Form 990, Part VI, Section A, line 6The Organization has members.
Form 990, Part VI, Section A, line 6The following persons are eligible to join Silver State Schools Credit Union: Persons who work in or are volunteers, trustees or board members of public or private schools, colleges, universities, school districts or educational associations located in the state of Nevada; Persons enrolled in the above schools, colleges, universities, school districts or educational associations; Persons who are retirees, pensioners, annuitants of public or private schools, colleges, universities, school districts or educational associations; Persons who are employees or retirees or this credit union and its affiliates; And persons, who are sponsors of Vegas PBS, Channel 10, Southern Nevada's public broadcasting television station. Persons who are employees of the following companies who work in Las Vegas, Nevada: -Abbott's Audio and Video -Creel Printing & Publishing -IKON Office Solutions -Trans Health Incorporated -Mojave Mental Health Services -Nextel Communications/Partners -Northern Pipeline Construction -The Holman Group -Trinity Life Center Members of the following stakes of the Church of Jesus Christ of Latter Day Saints in the State of Nevada: -Lakes -Las Vegas -Lone Mountain -Meadows -Redrock -Sandstone -South Spouses of persons who died while within the field of membership of this credit union, persons retired as pensioners or annuitants from the above employers, members of their immediate families; Immediate family member of eligible members of SSSCU Persons living in the same household (maintaining a single economic unit) as eligible members of this credit union.
Form 990, Part VI, Section A, line 7aThe Credit Union membership may participate in the election of officials.
Form 990, Part VI, Section B, line 11bThe Form 990 is completed by an independent accounting firm and reviewed and approved by senior management before it is filed with the IRS. Senior management informs the board of directors when the return is completed.
Form 990, Part VI, Section B, line 15aEach year the Board of Directors completes and delivers a performance evaluation of the President/CEO. Compensation surveys are obtained and reviewed by the Board at the time of contract negotiation. Decisions are documented in private executive session minutes.
Form 990, Part VI, Section C, line 19Governing documents and conflict of interest policy are not made available to the public. Financial statements are made available to the public on the ASI (American Share Insurance) website via The Call Report filed quarterly.
Form 990, Part XI, line 9:Pension Gain/(Loss) Net of Amortization -55,660.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools Service Company LLC (dissolved 32824)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DriveAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89119ZIPCd
FieldValueIRS element (for citing)
EIN742952579EIN
Primary ActivitiesMortgage ServicesPrimaryActivitiesTxt
Legal Domicile StateNVLegalDomicileStateCd
Total Income$341,167TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools Credit UnionBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools CU People Over Profit FoundationBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1630 Trade Center DrAddressLine1Txt
CityLas VegasCityNm
State AbbreviationNVStateAbbreviationCd
ZIP891193712ZIPCd
FieldValueIRS element (for citing)
EIN831332084EIN
Primary ActivitiesSupporting educationPrimaryActivitiesTxt
Legal Domicile StateNVLegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity StatusLine 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Silver State Schools Credit UnionBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd