CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 94-1289802)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-04
- IRS object ID
- 201811249349301181
- Schema version
- 2017v2.3
- 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 | 2018-05-04T13:04:00-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941289802 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Heritage Community Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Ed Turk | InCareOfNm |
| Business Name Control | HERI | BusinessNameControlTxt |
| Phone | 9163641700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 790 | AddressLine1Txt |
| City | Rancho Cordova | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95741 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ED TURK | PersonNm |
| Person Title | President CEO | PersonTitleTxt |
| Phone | 9163641700 | PhoneNum |
| Signature | 2018-05-04 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ED TURK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10415 Old Placerville Rd | AddressLine1Txt |
| City | Sacramento | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95827 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,232,844 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.heritageccu.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1953 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Provide thrift loans and financial services for Sacramento and Placer Counties | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 62 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,377,114 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,232,844 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,377,114 | PYTotalRevenueAmt |
| CY Total Revenue | $8,232,844 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,250,664 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,315,920 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,380,367 | PYOtherExpensesAmt |
| CY Other Expenses | $4,909,980 | CYOtherExpensesAmt |
| PY Total Expenses | $9,631,031 | PYTotalExpensesAmt |
| CY Total Expenses | $8,225,900 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,253,917 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,944 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $202,426,833 | TotalAssetsBOYAmt |
| Total Assets EOY | $203,491,580 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $183,699,241 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $184,753,956 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,727,592 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,737,624 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Provide thrift, loans and financial services for Sacramento and Placer Counties | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,079,347 | ExpenseAmt |
| Revenue | $5,559,579 | RevenueAmt |
| Desc | Consumer and Real Estate loans to members of credit union | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,418,481 | ExpenseAmt |
| Revenue | $2,085,538 | RevenueAmt |
| Desc | Savings, Checking and IRA deposit accounts for members of credit union | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,497,828 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 2840 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 62 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Heritage Community Credit Union | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9163641700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10415 Old Placerville Rd | AddressLine1Txt |
| City | Sacramento | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95827 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| WILLIAM WINDLE | |||||||
| CHAIRMAN | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HARRY HANNAN | |||||||
| VICE CHAIRMAN | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALLAN WISNICKY | |||||||
| TREASURER | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| NICHOLAS NGANGA | |||||||
| SECRETARY | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DANIEL FREEMAN | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| JOFIL BORJA | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| GEQIGULA DLAMINI | |||||||
| DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD TURK | |||||||
| PRESIDENT CEO | 40 | Yes (X) | $251,130 | $0 | $0 | ||
| MATHEW HARMS | |||||||
| CFO | 40 | Yes (X) | $140,908 | $0 | $0 | ||
| CHRISTINE HAROLDSON | |||||||
| CLO VP | 40 | Yes (X) | $154,704 | $0 | $0 | ||
| CHAD SUGGS | |||||||
| VP OF IT | 40 | $147,332 | $0 | $0 | Yes (X) | ||
| MARIANNA SAMLIK | |||||||
| AVP CONTROLLER | 40 | $111,545 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $805,619 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| IBG INC | |||||
| 4980 Golden Foothills Parkway Ste 8 | EL DORADO HILLS | CA | 95762 | CONSTRUCTION | $415,015 |
| FISERV SOLUTION INC | |||||
| PO Box 80123 | CITY OF INDUSTRY | CA | 91716 | DATASAFE ONLINE | $268,835 |
| NCR CORPORATION | |||||
| PO Box 740641 | LOS ANGELES | CA | 90074 | BILL PMT SERVICE | $252,888 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ConsumerRE Lending | 522291 | $5,559,980 | $5,559,980 | |
| Deposit accounts | 522100 | $2,085,538 | $1,892,950 | $192,588 |
| NonOperating Gain | 522299 | $45,440 | $45,440 | |
| Investments | 523000 | $541,886 | $541,886 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,232,844 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,232,844 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,498,370 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $734,474 | 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 | $546,743 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,886,330 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,437 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $541,669 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,741 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,397 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $574,128 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,093 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,600 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,844 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $422,127 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,916 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $431,535 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,101 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,753 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,523 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Provision for Loan Losses | Desc |
| Total | $1,359,454 | TotalAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,509 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,225,900 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,880,792 | BOYAmt |
| EOY | $1,848,511 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,007,231 | BOYAmt |
| EOY | $19,639,926 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,419,279 | BOYAmt |
| EOY | $3,038,399 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,809,046 | BOYAmt |
| EOY | $163,970,166 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,586 | BOYAmt |
| EOY | $423,106 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,561,266 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,728,529 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,679,518 | BOYAmt |
| EOY | $2,832,737 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,865,102 | BOYAmt |
| EOY | $1,486,590 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,121,952 | BOYAmt |
| EOY | $2,695,483 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,249,327 | BOYAmt |
| EOY | $7,556,662 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,426,833 | BOYAmt |
| EOY | $203,491,580 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,446,860 | BOYAmt |
| EOY | $1,124,698 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,252,381 | BOYAmt |
| EOY | $183,629,258 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183,699,241 | BOYAmt |
| EOY | $184,753,956 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,727,592 | BOYAmt |
| EOY | $18,737,624 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,727,592 | BOYAmt |
| EOY | $18,737,624 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,426,833 | BOYAmt |
| EOY | $203,491,580 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,944 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$40,187 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $43,275 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $175,000 | OtherCostOrOtherBasisAmt |
| Book Value | $175,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,415,383 | OtherCostOrOtherBasisAmt |
| Depreciation | $975,538 | DepreciationAmt |
| Book Value | $1,439,845 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,646,778 | OtherCostOrOtherBasisAmt |
| Depreciation | $932,724 | DepreciationAmt |
| Book Value | $714,054 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,304,383 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,800,545 | DepreciationAmt |
| Book Value | $503,838 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,722 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,722 | DepreciationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,832,737 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Agency Securities | Desc |
| Book Value | $1,486,590 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,486,590 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NCUSIF other equity | Desc |
| Book Value | $2,695,483 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $2,695,483 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Insurance Policies Accr Income | Desc |
| Book Value | $7,556,662 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $7,556,662 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Member Shares | $178,162,381 |
| Member IRA Accounts | $5,466,877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $183,629,258 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $8,462,901 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $8,462,901 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $8,462,901 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,455,960 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $8,455,960 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $8,455,960 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| P10, Ln 2 | The Credit Union recognizes the tax benefit from |
| P10, Ln 2 | uncertain tax positions only if it is more likely |
| P10, Ln 2 | than not that the tax positions will be sustained on |
| P10, Ln 2 | examination by the taxing authorities, |
| P10, Ln 2 | based on the technincal merits of the position. |
| P10, Ln 2 | The tax benefit is measured based on the largest |
| P10, Ln 2 | benefit that has a greater than 50% likelihood |
| P10, Ln 2 | of being realized upon ultimate settlement. |
| P10, Ln 2 | The Credit Union had no unrecognized tax benefit at |
| P10, Ln 2 | Dec 31, 2017 and 2016. The Credit Union recognizes |
| P10, Ln 2 | interest accrued and penalties related to unrecognized |
| P10, Ln 2 | tax benefits as an administrative expense. During |
| P10, Ln 2 | the years ended Dec 31 2017 and 2016, the Credit Union |
| P10, Ln 2 | recognized no interest or penalties. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| WILLIAM WINDLE | |||||||
| CHAIRMAN | |||||||
| HARRY HANNAN | |||||||
| VICE CHAIRMAN | |||||||
| ALLAN WISNICKY | |||||||
| TREASURER | |||||||
| NICHOLAS NGANGA | |||||||
| SECRETARY | |||||||
| DANIEL FREEMAN | |||||||
| DIRECTOR | |||||||
| JOFIL BORJA | |||||||
| DIRECTOR | |||||||
| GEQIGULA DLAMINI | |||||||
| DIRECTOR | |||||||
| EDWARD TURK | |||||||
| PRESIDENT CEO | $214,857 | $18,273 | $18,000 | $16,353 | $4,273 | $271,756 | $36,000 |
| MATHEW HARMS | |||||||
| CFO | $137,700 | $3,208 | $5,213 | $679 | $146,800 | ||
| CHRISTINE HAROLDSON | |||||||
| CLO VP | $148,600 | $6,104 | $6,188 | $9,032 | $169,924 | ||
| CHAD SUGGS | |||||||
| VP OF IT | $135,660 | $11,672 | $5,893 | $240 | $153,465 | ||
| MARIANNA SAMLIK | |||||||
| AVP CONTROLLER | $110,179 | $1,366 | $4,462 | $1,218 | $117,225 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (24 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 11b | Form 990 was presented to the governing body by CEO on April 24, 2018. |
| Part VI Line 11b | The Board of Directors reviewed it, including all attached schedules. |
| Part VI Line 19 | The financial statements are displayed in every branch every month. |
| Part VI Line 19 | Other documents are available upon written request. |
| Part IX Line 11g | other professional fees Total expenses - $574128.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| Part IX Line 24e | Loan Servicing Total expenses - $167689.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| Part IX Line 24e | Debit Card losses Total expenses - $55820.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| Part V, line 3b | All income is related to the credit union mission of providing thrift, |
| Part V, line 3b | thrift, loans and financial services |
| Part VI, line 2 | Vice Chairman of Board of Directors and Chair of Supervisory |
| Part VI, line 2 | Committee are married |
| Part VI, line 6 | The organization is a credit union and thus has member owners |
| Part VI, line 7a | The organization have members-owners who elect a volunteer |
| Part VI, line 7a | board from its members |
| Part VI, line12c | All directors are signing Code of Conduct form annually, |
| Part VI, line12c | that includes the conflict of interest policy |
| Part VI, line12c | Employees are signing it when hired or any changes are made |
| Part VI, line12c | HR dept keeps record of these forms |
| Part VI, line 15 | Salary data for CEO is acquired from mulitiple salary sources. |
| Part VI, line 15 | Data in similar asset category and geographical location |
| Part VI, line 15 | is used to establish a salary range, which is submited |
| Part VI, line 15 | to the Chairman of the Board of Directors who reviews |
| Part VI, line 15 | the information with all Directors. Directors will determine |
| Part VI, line 15 | any salary increase based on the performance evaluation. |