WESTERN HERITAGE CREDIT UNION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- WESTERN HERITAGE CREDIT UNION (EIN 47-0381807)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-10-23
- IRS object ID
- 201702969349300715
- Schema version
- 2016v3.0
- 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 | 2017-10-23T07:58:22-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 460257538 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KETEL THORSTENSON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3140 | AddressLine1Txt |
| City | RAPID CITY | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 577093140 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470381807 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTERN HERITAGE CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 3087625702 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 103 EAST 1 STREET | AddressLine1Txt |
| City | ALLIANCE | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ZANASSI | PersonNm |
| Person Title | VP OPERATIONS | PersonTitleTxt |
| Phone | 3087625702 | PhoneNum |
| Signature | 2017-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEAN SMITH CPA | PreparerPersonNm |
| PTIN | P00479382 | PTIN |
| Phone | 6053425630 | PhoneNum |
| Preparation | 2017-10-23 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 7FEF14F802C4A1A569C9B87F7A44487665AB8232 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D350269B6C1E361BFE3BE5786FA149191CA99CAB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIFER ZANASSI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 103 EAST 1ST STREET | AddressLine1Txt |
| City | ALLIANCE | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,611,946 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WHCU.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | COOPERATIVE | OtherOrganizationDsc |
| Formation | 1936 | FormationYr |
| Legal Domicile State | NE | LegalDomicileStateCd |
| Activity Or Mission | TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 39 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,912,453 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,301,923 | CYProgramServiceRevenueAmt |
| PY Investment Income | $430,279 | PYInvestmentIncomeAmt |
| CY Investment Income | $223,625 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,843 | PYOtherRevenueAmt |
| CY Other Revenue | $33,299 | CYOtherRevenueAmt |
| PY Total Revenue | $4,359,575 | PYTotalRevenueAmt |
| CY Total Revenue | $4,558,847 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,810 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,976 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,712,358 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,785,077 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,455,055 | PYOtherExpensesAmt |
| CY Other Expenses | $3,292,742 | CYOtherExpensesAmt |
| PY Total Expenses | $4,172,223 | PYTotalExpensesAmt |
| CY Total Expenses | $5,083,795 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $187,352 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$524,948 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,436,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $76,058,817 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $72,056,414 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $69,183,289 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,380,452 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,875,528 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | LOANS ARE GRANTED TO INDIVIDUALS WHO ARE MEMBERS OF THE CREDIT UNION AND WHO QUALIFY FOR SUCH LOANS UNDER BOARD OF DIRECTOR APPROVED POLICIES. LOANS INCLUDE AUTO, RECREATIONAL, CREDIT CARD, SIGNATURE AND MORTGAGE LOANS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | A VARIETY OF SERVICES ARE PROVIDED TO CREDIT UNION MEMBERS, INCLUDING SHAREDRAFT ACCOUNTS, WIRE TRANSFERS, SHARED BRANCHING, ATM/DEBIT CARDS, MONEY ORDERS, TRAVEL CARDS AND ONLINE BANKING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| 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 | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 |
| 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 | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1574 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 39 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | false | 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 | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| 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 | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ZANASSI | PersonNm |
| Phone | 3087625702 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 103 EAST 1ST STREET | AddressLine1Txt |
| City | ALLIANCE | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69301 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MIKE FREISZ | ||||||
| CHAIRMAN | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOCK FARIS | ||||||
| VICE-CHAIRMA | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| VICKIE MATTOX | ||||||
| SECRETARY/TR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRENDA MCDONALD | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TIM MILLS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RICK RIDENOUR | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DAN KUSEK | ||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |
| KURT SCHMIDT | ||||||
| PRESIDENT/CE | 40.00 | Yes (X) | $142,799 | $0 | $10,149 | |
| WILLISE SEE | ||||||
| VP MEMBER SU | 40.00 | Yes (X) | $54,573 | $0 | $1,587 | |
| JENNIFER ZANASSI | ||||||
| VP OPERATION | 40.00 | Yes (X) | $19,279 | $0 | $7,202 | |
| HELEN DAFNEY | ||||||
| VP OPERATION | 40.00 | Yes (X) | $9,247 | $0 | $1,838 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $225,898 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $20,776 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GO WEST IT | |||||
| 5161 E ARAPAHOE RD SUITE 220 | CENTENNIAL | CO | 80122 | IT SERVICES | $206,817 |
| FISERV | |||||
| PO BOX 99924 | GRAPEVINE | TX | 760999724 | DATA PROCESSING | $145,206 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST INCOME | 522100 | $2,879,116 | $2,879,116 |
| SERVICE FEE INCOME | 522100 | $542,574 | $542,574 |
| SHAREDRAFT FEE INCOME | 522100 | $470,625 | $470,625 |
| INSURANCE/WARRANTY INCOME | 522100 | $409,608 | $409,608 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,301,923 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $203,867 | TotalRevenueColumnAmt |
| Exclusion | $203,867 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $72,857 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,099 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,758 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,758 | TotalRevenueColumnAmt |
| Exclusion | $19,758 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $33,299 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,299 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $33,299 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,558,847 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,335,222 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $223,625 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,976 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,674 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $971,512 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,298 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,324 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,269 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,642 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,357 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,836 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,379 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,668 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,402 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,484 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,833 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,563 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,203 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,526 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,481 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN LOSS PROVISION | $722,142 |
| PROCESSING FEES-TRANS | $436,766 |
| DIVIDENDS TO MEMBERS | $402,399 |
| DUES, FEES, SUBSCRIPTIONS | $107,480 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,581 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,083,795 | 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 | $2,653,185 | BOYAmt |
| EOY | $2,922,975 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,055,765 | BOYAmt |
| EOY | $2,644,268 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,170 | BOYAmt |
| EOY | $44,628 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,473,368 | BOYAmt |
| EOY | $53,218,968 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,427 | BOYAmt |
| EOY | $433,868 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,298,424 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,689,432 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,716,098 | BOYAmt |
| EOY | $2,608,992 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,349,110 | BOYAmt |
| EOY | $12,077,489 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,809,743 | BOYAmt |
| EOY | $2,107,629 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,436,866 | BOYAmt |
| EOY | $76,058,817 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $855,085 | BOYAmt |
| EOY | $849,559 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,000,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,201,329 | BOYAmt |
| EOY | $66,833,730 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,056,414 | BOYAmt |
| EOY | $69,183,289 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,380,452 | BOYAmt |
| EOY | $6,875,528 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,380,452 | BOYAmt |
| EOY | $6,875,528 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,436,866 | BOYAmt |
| EOY | $76,058,817 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$524,948 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,024 | NetUnrlzdGainsLossesInvstAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $545,470 | OtherCostOrOtherBasisAmt |
| Book Value | $545,470 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,568,672 | OtherCostOrOtherBasisAmt |
| Depreciation | $749,902 | DepreciationAmt |
| Book Value | $1,818,770 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,184,282 | OtherCostOrOtherBasisAmt |
| Depreciation | $939,530 | DepreciationAmt |
| Book Value | $244,752 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,608,992 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | US GOVERNMENT AGENCY SECURITIES | Desc |
| Book Value | $12,077,489 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $12,077,489 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER DEPOSITS | Desc |
| Amt | $66,833,730 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $66,833,730 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KURT SCHMIDT | PersonNm |
| Title | PRESIDENT/CEO | TitleTxt |
| Base Compensation Filing Org | $142,799 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $2,243 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $7,906 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $152,948 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES PEOPLE WHO LIVE OR WORK IN THE NEBRASKA PANHANDLE, AS WELL AS THEIR IMMEDIATE FAMILIES. THE COUNTIES ELGIBLE FOR MEMBERSHIP INCLUDE DAWES,SHERIDAN, SIOUX, BOX BUTTE, SCOTTSBLUFF, MORRILL, GARDEN, GRANT, BANNER,CHEYENNE, DEUEL AND KIMBALL. INDIVIDUALS MEETING THIS REQUIREMENT COMPLETE AN APPLICATION THAT IS APPROVED BY A MEMBERSHIP OFFICER. MEMBERS ARE REQUIRED TO MAINTAIN ONE 5 MEMBERSHIP SHARE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | EACH MEMBER HAS THE RIGHT TO ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | MEMBERS MUST APPROVE ANY FORM OF MERGER OR CONSOLIDATION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY A LICENSED CPA AND REVIEWED IN DETAIL BY THE PRESIDENT/CEO. IT IS ALSO PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST STATEMENT IS COMPLETED WHEN AN EMPLOYEE/DIRECTOR IS HIRED/ELECTED, AND ANNUALLY THEREAFTER. THE CONFLICT OF INTEREST STATEMENT IS THEN USED TO FLAG EMPLOYEE/DIRECTOR MEMBER ACCOUNTS (AND FAMILY MEMBERS)TO ENSURE THE EMPLOYEE/DIRECTOR CAN'T MAKE TRANSACTIONS ON THOSE ACCOUNTS. IN ADDITION, EMPLOYEES/DIRECTORS MUST REFRAIN FROM ACTING ON ANYTHING THAT MAY BE BENEFICIAL TO PEOPLE OR ORGANIZATIONS IDENTIFIED AS POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PRESIDENT/CEO PAY IS DETERMINED BY THE INDEPENDENT BOARD OF DIRECTORS BASED ON BUDGETED DOLLARS AND A COMPARISON WITH OTHER CREDIT UNIONS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE PAY FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO SUBJECT TO THE BUDGET THAT THE BOARD HAS APPROVED. CONSIDERATION IS GIVEN TO SIMILAR POSITIONS AT OTHER CREDIT UNIONS WHEN SETTING SALARIES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | OUR FINANCIAL STATEMENTS ARE AVAILABLE IN THE LOBBIES OF OUR BRANCH LOCATIONS. UPON REQUEST, PER OUR MEMBERSHIP CONTRACT, WE WILL PROVIDE OUR ORGANIZING DOCUMENTS; HOWEVER, THE GENERAL PUBLIC IS NOT PRIVY TO THIS INFORMATION. |
| FORM 990, PART XII | AUDITED FINANCIAL STATEMENTS ARE RECEIVED ON A FISCAL YEAR BASIS ENDING SEPTEMBER 30TH EACH YEAR; HOWEVER, THEY DO NOT COINCIDE WITH THE ANNUAL PREPARATION OF FORM 990. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTERN HERITAGE INSURANCE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 103 EAST 1 STREET | AddressLine1Txt |
| City | ALLIANCE | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 69301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460000000 | EIN |
| Primary Activities | INSURANCE | PrimaryActivitiesTxt |
| Legal Domicile State | NE | LegalDomicileStateCd |
| Total Income | $15,526 | TotalIncomeAmt |
| End Of Year Assets | $6,256 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHCU | BusinessNameLine1Txt |
| Business Name Line2 | WESTERN HERITAGE CREDIT UNION | BusinessNameLine2Txt |