CREDIT UNION OF NEW JERSEY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNION OF NEW JERSEY (EIN 21-0628526)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-15
IRS object ID: 201823199349307637
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
Form 990
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-15T12:13:34-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	232108173	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RKL LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1330 BROADCASTING ROAD PO BOX 7008	AddressLine1Txt
City	WYOMISSING	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	196106008	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	210628526	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNION OF NEW JERSEY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CRED	BusinessNameControlTxt
Phone	6095384061	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1301 PARKWAY AVENUE	AddressLine1Txt
City	EWING	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08628	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT M VUOCOLO	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	6095384061	PhoneNum
Signature	2018-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAMES W PRUZINSKY CPA	PreparerPersonNm
PTIN	P00152538	PTIN
Phone	6103761595	PhoneNum
Preparation	2018-11-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	50.203.63.190	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-15	IPDt
IP Tm	11:37:16	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	D6D028B83EC7BAE48696A0FE418AC7215527A94E	AtSubmissionCreationDeviceId
At Submission Filing Device Id	037D3926E2108582D1778329FE909A42D9E15EED	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2018-06-14 16:35:46Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROBERT M VUOCOLO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1301 PARKWAY AVENUE	AddressLine1Txt
City	EWING	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08628	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$23,765,875	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.CUNJ.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1943	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	PROVIDE MEMBERS WITH THE KNOWLEDGE AND ABILITY TO BE IN CONTROL OF THEIR FINANCIAL LIVES AT A COMPETITIVE COST.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	117	TotalEmployeeCnt
Total Volunteers	14	TotalVolunteersCnt
Total Gross UBI	$293,900	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$74,104	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$19,543,897	PYProgramServiceRevenueAmt
CY Program Service Revenue	$20,961,922	CYProgramServiceRevenueAmt
PY Investment Income	$171,552	PYInvestmentIncomeAmt
CY Investment Income	-$287,649	CYInvestmentIncomeAmt
PY Other Revenue	$2,615,329	PYOtherRevenueAmt
CY Other Revenue	$2,552,395	CYOtherRevenueAmt
PY Total Revenue	$22,330,778	PYTotalRevenueAmt
CY Total Revenue	$23,226,668	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	$7,647,164	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$7,410,696	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$13,948,037	PYOtherExpensesAmt
CY Other Expenses	$19,061,150	CYOtherExpensesAmt
PY Total Expenses	$21,595,201	PYTotalExpensesAmt
CY Total Expenses	$26,471,846	CYTotalExpensesAmt
PY Revenues Less Expenses	$735,577	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$3,245,178	CYRevenuesLessExpensesAmt
Total Assets BOY	$338,704,618	TotalAssetsBOYAmt
Total Assets EOY	$340,413,939	TotalAssetsEOYAmt
Total Liabilities BOY	$311,962,914	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$316,933,125	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$26,741,704	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$23,480,814	NetAssetsOrFundBalancesEOYAmt
Mission	THE PURPOSE OF CREDIT UNION OF NEW JERSEY IS THAT MEMBERS HAVE THE KNOWLEDGE AND ABILITY TO BE IN CONTROL OF THEIR FINANCIAL LIVES AT A COMPETITIVE COST.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE THE NECESSARY PRODUCTS, SERVICES, AND FINANCIAL INFORMATION TO MEMBERS IN ORDER FOR THEM TO HAVE THE KNOWLEDGE AND ABILITY TO BE IN CONTROL OF THEIR FINANCIAL LIVES.	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	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	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	Yes (1)	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	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	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	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	6763	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	117	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
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
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	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT VUOCOLO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6095384061	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1301 PARKWAY AVENUE	AddressLine1Txt
City	EWING	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08628	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 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
GARY K CHIZMADIA
CHAIRMAN OF BOARD	1.00	Yes (X)	Yes (X)	$0	$0	$0
THOMAS J VALERI JR
VICE CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
BETHANNE L MOWERY
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
LEON J FULGINITI
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
J ERIC KRAEHENBUEHL
DIRECTOR	2.00	Yes (X)		$0	$0	$0
LOUIS M TONDINI
DIRECTOR	1.00	Yes (X)		$0	$0	$0
GUY J DIMEMMO
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DONALD N CHIACCHIO
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RONALD P LUNETTA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PAUL G BERTUCCINI
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BETTY STOCKTON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ANDREW L JAEGER
PRESIDENT/CEO	40.00		Yes (X)	$389,888	$0	$25,241
SOMA SARKAR
EVP/COO	40.00		Yes (X)	$242,522	$0	$24,557
PATRICIA FISK
SVP/CAO	40.00		Yes (X)	$197,732	$0	$23,647
ROBERT M VUOCOLO
SVP/CFO	40.00		Yes (X)	$206,084	$0	$29,949
DIANE POLYAK
CONTROLLER	40.00			$115,175	$0	$11,982	Yes (X)
CLAUDIA COLON
VP, MEMBER EXPERIENCE	40.00			$144,791	$0	$27,349	Yes (X)
CHRISTOPHER HARTSOUGH
VP OF LENDING	40.00			$126,619	$0	$24,929	Yes (X)
MARK BRADLEY
VP, MARKETING AND BUSINESS DEVELOPMENT	40.00			$119,005	$0	$4,865	Yes (X)
MIKE THOMAS
DIRECTOR OF TECHNOLOGY & I	40.00			$131,699	$0	$12,112	Yes (X)
MARTIN SOFRONSKI
AVP, SALES AND MEMBER SERV	40.00			$118,409	$0	$26,869	Yes (X)
DAVID LODATO
DIRECTOR OF BUSINESS RELAT	40.00			$126,265	$0	$26,198	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,918,189	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$237,698	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
MEMBER SUPPORT SERVICES LLC
259 PROSPECT PLAINS ROAD BLDG J SU	CRANBURY	NJ	08512	BANK OFFICE SERVICES	$1,683,452
PSCU
560 CARILLON PKWY	ST PETERSBURG	FL	33716	CREDIT CARD PROCESSING/CALL CENTER OVERF	$1,545,831
CU BUSINESS GROUP LLC
9600 NE CASCADES PKWY	PORTLAND	OR	97720	BUSINESS LOAN UNDERWRITING	$203,284
CORTLAND CAPITAL MARKET SERVICES LLC
225 W WASHINGTON ST SUITE 2100	CHICAGO	IL	60606	BUSINESS LOAN SERVICING	$141,946
PETER J LISKA LLC
766 SHREWSBURY AVE	TINTON FALLS	NJ	07724	LEGAL SERVICES	$130,928

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS	522100	$16,424,605	$16,424,605
SERVICE FEES	522100	$4,537,317	$4,510,945	$26,372

Field	Value	IRS element (for citing)
Total Program Service Revenue	$20,961,922	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$251,558	TotalRevenueColumnAmt
Exclusion	$251,558	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$539,207	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$539,207	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$539,207	TotalRevenueColumnAmt
Exclusion	-$539,207	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS INCOME	Desc
Business	522100	BusinessCd
Total Revenue Column	$2,552,395	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,284,867	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$267,528	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,552,395	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$23,226,668	TotalRevenueColumnAmt
Related Or Exempt Func Income	$23,220,417	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$293,900	UnrelatedBusinessRevenueAmt
Exclusion	-$287,649	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	$1,139,620	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,846,799	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$108,168	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$861,485	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$454,624	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$71,500	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$42,260	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,046,277	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$408,861	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$458,360	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$394,555	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,063,700	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$124,339	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$34,112	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$604,028	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$7,317,980
MISCELLANEOUS EXPENSE	$3,817,614
DIVIDENDS ON MEMBER DEP	$1,042,444
LOAN SERVICING EXPENSE	$838,364

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,796,756	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$26,471,846	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$916,057	BOYAmt
EOY	$273,478	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$10,222,776	BOYAmt
EOY	$13,104,287	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$309,956,637	BOYAmt
EOY	$310,404,841	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$691,066	BOYAmt
EOY	$645,758	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,609,809	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,777,453	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,230,609	BOYAmt
EOY	$6,832,356	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,833,990	BOYAmt
EOY	$1,503,635	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,351,964	BOYAmt
EOY	$1,175,987	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$6,501,519	BOYAmt
EOY	$6,473,597	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$338,704,618	BOYAmt
EOY	$340,413,939	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,701,166	BOYAmt
EOY	$1,768,660	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,000,000	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$305,261,748	BOYAmt
EOY	$315,164,465	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$311,962,914	BOYAmt
EOY	$316,933,125	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	$26,741,704	BOYAmt
EOY	$23,480,814	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$26,741,704	BOYAmt
EOY	$23,480,814	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$338,704,618	BOYAmt
EOY	$340,413,939	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$3,245,178	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$15,712	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	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,709,443	OtherCostOrOtherBasisAmt
Book Value	$1,709,443	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,171,551	OtherCostOrOtherBasisAmt
Depreciation	$2,361,032	DepreciationAmt
Book Value	$3,810,519	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$584,564	OtherCostOrOtherBasisAmt
Depreciation	$565,438	DepreciationAmt
Book Value	$19,126	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,144,251	OtherCostOrOtherBasisAmt
Depreciation	$2,850,983	DepreciationAmt
Book Value	$1,293,268	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,832,356	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
MEMBERS' SHARES & SAVINGS ACCOUNTS	$315,053,788
ACCRUED DIVIDENDS PAYABLE	$110,677

Field	Value	IRS element (for citing)
Total Liability	$315,164,465	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$23,226,668	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$23,226,668	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$23,226,668	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$26,471,846	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$26,471,846	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$26,471,846	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANDREW L JAEGER
PRESIDENT/CEO	$307,477	$0	$60,110	$0	$22,301	$0	$0	$0	$25,241	$0	$415,129	$0	$0	$0
SOMA SARKAR
EVP/COO	$209,561	$0	$30,599	$0	$2,362	$0	$7,335	$0	$17,222	$0	$267,079	$0	$0	$0
PATRICIA FISK
SVP/CAO	$170,928	$0	$24,857	$0	$1,947	$0	$5,982	$0	$17,665	$0	$221,379	$0	$0	$0
ROBERT M VUOCOLO
SVP/CFO	$168,853	$0	$24,555	$0	$12,676	$0	$6,253	$0	$23,696	$0	$236,033	$0	$0	$0
CLAUDIA COLON
VP, MEMBER EXPERIENCE	$127,555	$0	$11,816	$0	$5,420	$0	$4,638	$0	$22,711	$0	$172,140	$0	$0	$0
CHRISTOPHER HARTSOUGH
VP OF LENDING	$114,954	$0	$11,010	$0	$655	$0	$2,299	$0	$22,630	$0	$151,548	$0	$0	$0
DAVID LODATO
DIRECTOR OF BUSINESS RELAT	$89,207	$0	$36,826	$0	$232	$0	$4,361	$0	$21,837	$0	$152,463	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	TRAVEL FOR COMPANIONS IS ONLY PROVIDED TO THE EXTENT PERMISSIBLE BY THE NATIONAL CREDIT UNION ADMINISTRATION GUIDELINES. SOCIAL CLUB DUES PROVIDED AT LOCAL ORGANIZATION FOR CEO TO DEVELOP COMMUNITY RELATIONSHIPS.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (13 entries)

Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
ANDREW L JAEGER
FIRST MORTGAGE	Yes (X)	$377,000	$373,800	0	Yes (1)	Yes (1)
ANDREW L JAEGER
AUTO LOAN	Yes (X)	$52,929	$39,024	0	Yes (1)	Yes (1)
ANDREW L JAEGER
HOME EQUITY	Yes (X)	$150,000	$43,495	0	Yes (1)	Yes (1)
SOMA SARKAR
FIRST MORTGAGE	Yes (X)	$778,000	$551,349	0	Yes (1)	Yes (1)
SOMA SARKAR
AUTO LOAN	Yes (X)	$50,000	$9,774	0	Yes (1)	Yes (1)
SOMA SARKAR
HOME EQUITY LOC	Yes (X)	$211,000	$154,989	0	Yes (1)	Yes (1)
PATRICIA FISK
FIRST MORTGAGE	Yes (X)	$250,000	$117,327	0	Yes (1)	Yes (1)
ROBERT M VUOCOLO
FIRST MORTGAGE	Yes (X)	$360,000	$258,949	0	Yes (1)	Yes (1)
ROBERT M VUOCOLO
HOME EQUITY	Yes (X)	$60,000	$20,516	0	Yes (1)	Yes (1)
PATRICIA FISK
FIRST MORTGAGE	Yes (X)	$140,000	$132,382	0	Yes (1)	Yes (1)
PATRICIA FISK
HOME EQUITY	Yes (X)	$30,000	$27,719	0	Yes (1)	Yes (1)
ANDREW L JAEGER
CREDIT CARD	Yes (X)	$15,000	$10,067	0	Yes (1)	Yes (1)
ANDREW L JAEGER
FIRST MORTGAGE	Yes (X)	$368,000	$363,822	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$2,103,213	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART V, LINE 1C	THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY.
FORM 990, PART VI, SECTION A, LINE 6	ALL ACCOUNT HOLDERS WITH AT LEAST $5.00 IN A MAIN SHARE (SAVINGS) ACCOUNT ARE MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7A	ALL MEMBERS RECEIVE ONE VOTE IN THE ANNUAL ELECTION OF MEMBERS OF THE BOARD OF DIRECTORS AND EXAMINING COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 7B	DECISIONS OF THE GOVERNING BODY THAT MEMBERS NEED TO APPROVE ARE: ORGANIZATION NAME CHANGE DECISION TO MERGE OUT OF EXISTENCE INTO ANOTHER CREDIT UNION ANY AMENDMENT TO THE CERTIFICATE OF INCORPORATION ELECTION OF DIRECTORS AND EXAMINING COMMITTEE MEMBERS SWITCH TO PRIVATE INSURANCE SWITCH TO A NEW CHARTER TYPE REMOVAL OF AN ELECTED OFFICIAL EXPULSION OF A MEMBER
FORM 990, PART VI, SECTION B, LINE 11B	THE ORGANIZATION ENGAGES AN INDEPENDENT CPA FIRM TO PREPARE FORM 990. INFORMATION IS PROVIDED TO THE CPA FIRM BY THE FINANCE DEPARTMENT. THE CPA FIRM REVIEWS THE INFORMATION PROVIDED AND PREPARES THE RETURN. THE RETURN IS REVIEWED BY THE CEO AND CFO, THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUAL WRITTEN CERTIFICATION WITH SIGNATURE IS REQUIRED OF EACH EMPLOYEE AND VOLUNTEER. ALL NEW VENDORS ARE REQUIRED TO COMPLETE A CHECKLIST THAT INCLUDES IDENTIFYING ANY POTENTIAL CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15	EVALUATION CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTING FIRM.
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	FINANCIAL STATEMENTS ARE POSTED MONTHLY IN LOBBIES OF ALL BRANCHES. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 24E	ATM EXPENSE 395,728. DEBIT CARD EXPENSE 319,031. COLLECTION EXPENSE 213,357. SHARED BRANCHING EXPENSE 172,725. TRAINING EXPENSE 158,424. SUBSCRIPTION EXPENSE 137,568. PROVISION EXPENSE 105,315. ATM MAINTENANCE EXPENSE 65,188. CREDIT REPORTS 64,070. CORRESPONDENT SERVICE CHARGES 58,447. PRINTING EXPENSE 54,327. ARMORED COURIER EXPENSE 52,576.
PART XII, LINE 2C	THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT SELECTS THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSAL FINANCIAL SERVICES LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1301 PARKWAY AVENUE	AddressLine1Txt
City	EWING	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08628	ZIPCd

Field	Value	IRS element (for citing)
EIN	223757946	EIN
Primary Activities	INACTIVE	PrimaryActivitiesTxt
Legal Domicile State	NJ	LegalDomicileStateCd
Total Income	$0	TotalIncomeAmt
End Of Year Assets	$0	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNION OF NEW JERSEY	BusinessNameLine1Txt