CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 95-1288265)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201733199349317733
- 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 | 2017-11-15T18:43:32-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954083485 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TURNER WARREN HWANG & CONRAD ACCTCY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 NORTH FIRST ST STE 202 | AddressLine1Txt |
| City | BURBANK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91502 | 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 | 951288265 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM CENTRAL CREDIT UNION | BusinessNameLine1Txt |
| Business Name Line2 | DBA WESCOM CREDIT UNION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WESC | BusinessNameControlTxt |
| Phone | 8884937266 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CINDY LAW | PersonNm |
| Person Title | VP/CONTROLLER | PersonTitleTxt |
| Phone | 8884937266 | PhoneNum |
| Signature | 2017-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VALENTINO CREUS CPA | PreparerPersonNm |
| PTIN | P01054153 | PTIN |
| Phone | 8189549700 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.176.202.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-07 | IPDt |
| IP Tm | 13:39:53 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | AAA51A721A1433521015D48D976EB051C184777B | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F53CDBC3F18316389D6CFA617EE7B9AF17900040 | 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 | CINDY LAW | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,565,283,000 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WESCOM.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CREDIT UNION | OtherOrganizationDsc |
| Formation | 1934 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 896 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $22,598,993 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$567,532 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $124,467,063 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $132,901,731 | CYProgramServiceRevenueAmt |
| PY Investment Income | $36,525,904 | PYInvestmentIncomeAmt |
| CY Investment Income | $37,021,738 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,089,631 | PYOtherRevenueAmt |
| CY Other Revenue | $75,223 | CYOtherRevenueAmt |
| PY Total Revenue | $167,082,598 | PYTotalRevenueAmt |
| CY Total Revenue | $169,998,692 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $196,658 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $265,699 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $67,652,999 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $72,038,081 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $76,955,111 | PYOtherExpensesAmt |
| CY Other Expenses | $76,276,245 | CYOtherExpensesAmt |
| PY Total Expenses | $144,804,768 | PYTotalExpensesAmt |
| CY Total Expenses | $148,580,025 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,277,830 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $21,418,667 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,993,531,165 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,179,343,177 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,800,204,339 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,947,528,309 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $193,326,826 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $231,814,868 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE GENERAL MISSION OF THE CREDIT UNION IS TO PROMOTE THRIFT, HONESTY, INTEGRITY AND A SPIRIT OF SERVICE AMONG ITS MEMBERS. IN ADDITION, THE ORGANIZATION MAKES LOANS TO ITS MEMBERS AT REASONABLE RATES, INVESTS EXCESS LIQUIDITY PRUDENTLY AND WITHIN LIMITS AS PERMITTED BY CALIFORNIA LAW, AND ENGAGES IN ANY OTHER LAWFUL ACTIVITY NOT PROHIBITED BY APPLICABLE LAWS AND REGULATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE CREDIT UNION HAD $3.19 BILLION IN ASSETS, $1.9 BILLION IN LOANS AND $2.59 BILLION IN MEMBER DEPOSITS AS OF DECEMBER 31, 2016. THE CREDIT UNION FUNDED 81,112 MEMBER LOANS WITH A TOTAL BALANCE OF $808 MILLION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE CREDIT UNION'S 2016 INITIATIVES WERE FOCUSED ON ENHANCING SECURITY, INCREASING INVOLVEMENT IN THE COMMUNITY, AND LOAN GROWTH. THE CREDIT UNION ADDED NEW ACCOUNT ALERTS TO HELP MEMBERS KEEP TRACK OF THEIR FINANCES AND ISSUED CHIP CARDS TO IMPROVE SECURITY AND PREVENT FRAUD. AS THE OFFICIAL FINANCIAL INSTITUTION FOR UCLA ATHLETICS AND THE ROSE BOWL STADIUM, AND THROUGH INCREASED DEPLOYMENT OF BIG BLUE - THE WESCOM MOBILE BRANCH - AND PARTICIPATION IN MORE THAN 50 UNIQUE COMMUNITY EVENTS, THE CREDIT UNION WAS ABLE TO INCREASE BRAND AWARENESS AND HELP MORE COMMUNITIES THROUGHOUT SOUTHERN CALIFORNIA. THIS CONTRIBUTED TO A MORE THAN SIX PERCENT INCREASE IN NEW MEMBERS IN 2016. THE CREDIT UNION ALSO EXPERIENCED LOAN GROWTH IN 2016 AS IT OFFERED LENDING OPTIONS TO FIT MEMBERS' NEEDS AND BUDGETS, HOSTED SEMINARS TO HELP MEMBERS BETTER UNDERSTAND LENDING OPTIONS AVAILABLE TO THEM, AND MAINTAINED COMPETITIVE INTEREST RATES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE CREDIT UNION THROUGH ITS WECARE FOUNDATION DONATED MORE THAN $190,000 AND THOUSANDS OF VOLUNTEER HOURS TO HELP WORTHY CAUSES THROUGHOUT SOUTHERN CALIFORNIA. THE CREDIT UNION SUPPORTED THE MS BIKE TOUR, MARCH OF DIMES WALK AMERICA 2016, CHOC WALK IN THE PARK, AND THE RELAY FOR LIFE AMONG MANY OTHER EVENTS. CREDIT UNION EMPLOYEES ALSO PARTICIPATED IN THE WALK TO END ALZHEIMER'S, SPECIAL OLYMPICS PLANE PULL, AND A BACK PACK DRIVE DURING THE SUMMER. THE CREDIT UNION HOSTED 62 FINANCIAL LITERACY AND EDUCATION SEMINARS FOR MEMBERS AND THE COMMUNITIES THE CREDIT UNION SERVES IN 2016. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | 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 | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 77750 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 896 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| 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 |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY LAW VPCONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8884937266 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVENUE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 911012428 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| VIRGINIA C PANOSSIAN | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | $1,226 | $0 | $0 | |||
| NOEL ROSS | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | $1,012 | $0 | $0 | |||
| JAVIER MORALES | ||||||||
| SECRETARY | 2.00 | Yes (X) | $1,194 | $0 | $0 | |||
| RON FISCHER | ||||||||
| TREASURER | 2.00 | Yes (X) | $741 | $0 | $0 | |||
| GINA FRIEDRICH | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $170 | $0 | $0 | |||
| ROBERT GRAHAM | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $2,887 | $0 | $0 | |||
| DANIEL KRAUS | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $105 | $0 | $0 | |||
| JEFF LUONG | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $734 | $0 | $0 | |||
| VICTOR MOY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ARMANDO NODAL | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $1,117 | $0 | $0 | |||
| BRAD SELBY | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $836 | $0 | $0 | |||
| THOMAS SUTER | ||||||||
| SUPV CMTE CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY MCCAULEY | ||||||||
| SUPV CMTE VICE CHAIR | 2.00 | Yes (X) | $50 | $0 | $0 | |||
| DAVID ASEM | ||||||||
| SUPV CMTE MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTINA DIXON | ||||||||
| SUPV CMTE MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICK WIEDEMANN | ||||||||
| SUPV CMTE MEMBER | 2.00 | Yes (X) | $3,318 | $0 | $0 | |||
| WILL BROWN | ||||||||
| DIRECTOR EMERITUS | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ADHAM CHEHAB | ||||||||
| ASSOCIATE DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KAMILLE DICKEY | ||||||||
| ASSOCIATE DIRECTOR | 2.00 | Yes (X) | $526 | $0 | $0 | |||
| DAVID MARTIN | ||||||||
| ASSOCIATE DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PHIL PERKINS | ||||||||
| ASSOCIATE DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GARRETT SCHNEIDER | ||||||||
| ASSOCIATE DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DARREN WILLIAMS | ||||||||
| PRESIDENT & CEO | 40.00 | $963,938 | $0 | $64,322 | Yes (X) | |||
| IRVING CHIU HENG YU | ||||||||
| SVP FINANCE & CFO | 40.00 | $301,443 | $0 | $50,222 | Yes (X) | |||
| JANE WOOD | ||||||||
| EVP & COO | 40.00 | $803,552 | $0 | $37,756 | Yes (X) | |||
| KEITH PIPES | ||||||||
| EVP LENDING & FINANCIAL SERVICES | 40.00 | $495,589 | $0 | $17,162 | Yes (X) | |||
| KEVIN SARBER | ||||||||
| SVP TECHNOLOGY & DELIVERY | 40.00 | $355,251 | $0 | $41,049 | Yes (X) | |||
| SUSAN R MCCREADY | ||||||||
| SVP MEMBER SERVICES | 40.00 | $328,431 | $0 | $43,966 | Yes (X) | |||
| CHARLES THOMAS | ||||||||
| SENIOR VP LENDING | 40.00 | $323,672 | $0 | $25,002 | Yes (X) | |||
| TIMOTHY DOLAN | ||||||||
| SENIOR VP FINANCIAL SERVICES | 40.00 | $321,940 | $0 | $32,798 | Yes (X) | |||
| DEENA OTTO | ||||||||
| SENIOR VP ADMINISTRATION | 40.00 | $284,571 | $0 | $33,050 | Yes (X) | |||
| RON WILSIE | ||||||||
| VP CUSO MORTGAGE | 40.00 | $238,629 | $0 | $35,206 | Yes (X) | |||
| DAVID GUMPERT-HERSH | ||||||||
| VP BUSINESS ANALYTICS | 40.00 | $237,967 | $0 | $23,325 | Yes (X) | |||
| DAVID CERWINSKI | ||||||||
| VP SALES & CLIENT SERVICE | 40.00 | $235,315 | $0 | $29,771 | Yes (X) | |||
| RAFAEL N GUERRA | ||||||||
| PRESIDENT WIS | 40.00 | $233,756 | $0 | $27,813 | Yes (X) | |||
| JONATHON BAUMAN | ||||||||
| VP LOAN SERVICE & DEFAULT | 40.00 | $230,533 | $0 | $30,305 | Yes (X) | |||
| CINDY CHING-CHING LAW | ||||||||
| VP FINANCE | 40.00 | $222,531 | $0 | $43,794 | Yes (X) | |||
| MELISSA PEDERSON | ||||||||
| VP BRANCH OPERATIONS | 40.00 | $216,963 | $0 | $15,242 | Yes (X) | |||
| KATHIE CHISM | ||||||||
| VP BRANCH OPERATIONS | 40.00 | $211,875 | $0 | $25,938 | Yes (X) | |||
| CONNIE MONICA KNOX | ||||||||
| PRESIDENT WFS | 40.00 | $201,905 | $0 | $24,797 | Yes (X) | |||
| THOMAS GOOCH | ||||||||
| VP INFORMATION TECHNOLOGY | 40.00 | $194,693 | $0 | $28,097 | Yes (X) | |||
| STEPHANIE WINKLER | ||||||||
| VP HRD & WESCOM UNIVERSITY | 40.00 | $184,068 | $0 | $19,081 | Yes (X) | |||
| ANTHONY BENDER FORMER | ||||||||
| VP IMPLEMENTATION | 40.00 | $178,093 | $0 | $36,518 | Yes (X) | |||
| ADRIANA WELCH | ||||||||
| VP CONSUMER LENDING | 40.00 | $175,752 | $0 | $15,028 | Yes (X) | |||
| KAREN FALL | ||||||||
| VP MEMBER SERVICES | 40.00 | $173,649 | $0 | $29,592 | Yes (X) | |||
| JOSEPH PAZIENZA FORMER | ||||||||
| VP REAL ESTATE LENDING | 40.00 | $167,958 | $0 | $8,993 | Yes (X) | |||
| KWE PAN | ||||||||
| SALES MANAGER | 40.00 | $358,961 | $0 | $32,200 | Yes (X) | |||
| OFELIA TELLEZ | ||||||||
| LOAN OFFICER | 40.00 | $315,719 | $0 | $28,701 | Yes (X) | |||
| STEVEN MCCORMICK FORMER | ||||||||
| FINANCIAL ADVISOR | 40.00 | $307,617 | $0 | $24,505 | Yes (X) | |||
| DANOVA CHOW | ||||||||
| FINANCIAL ADVISOR | 40.00 | $300,642 | $0 | $32,538 | Yes (X) | |||
| CONOR MURRAY | ||||||||
| LOAN OFFICER | 40.00 | $294,326 | $0 | $29,054 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,873,255 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $885,825 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 105 | 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 |
|---|---|---|---|---|---|
| SIERRA GROUP | |||||
| 560 RIVERDALE DRIVE | GLENDALE | CA | 91204 | BUILDING MAINTENANCE | $1,120,123 |
| GRAIL BRAND DESIGN LLC | |||||
| 12 CORPORATE PLAZA DRIVE SUITE 200 | NEWPORT BEACH | CA | 92660 | ADVERTISING | $894,410 |
| QUAKLEEN CO | |||||
| 7221 GARDEN GROVE BLVD SUITE LM | GARDEN GROVE | CA | 92841 | JANITORIAL SERVICES | $823,668 |
| SECURITAS SECURITY SERVICES USA INC | |||||
| FILE 57220 | LOS ANGELES | CA | 90074 | SECURITY SERVICES | $385,917 |
| CROWE HORWATH | |||||
| PO BOX 51660 | LOS ANGELES | CA | 90051 | AUDIT SERVICES | $319,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INTEREST INCOME | 522100 | $74,923,190 | $74,914,824 | $8,366 |
| FEE INCOME | 522100 | $31,948,863 | $31,478,142 | $470,721 |
| OTHER OPERATING INCOME | 522100 | $26,029,678 | $3,909,772 | $22,119,906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $132,901,731 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,729,630 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,729,630 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,400,546,416 | SecuritiesAmt |
| Other | $30,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,395,245,937 | SecuritiesAmt |
| Other | $38,371 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,300,479 | SecuritiesAmt |
| Other | -$8,371 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,292,108 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,292,108 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER NON-OPERATING IN | Desc |
| Business | 522100 | BusinessCd |
| Total Revenue Column | $75,223 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $75,223 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $75,223 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $169,998,692 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $147,399,699 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $22,598,993 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,699 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,873,255 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,760,664 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,808,911 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,460,363 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,134,888 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,385,174 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,399 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $490,569 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,824,752 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,477,869 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,557,479 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,051,093 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,043,979 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,858,652 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,238,125 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,009,897 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| TAX EXPENSE | $65,714 |
| LOAN SERVICING EXPENSE | $8,579,417 |
| MISC. OPERATING EXPENSE | $3,506,513 |
| PROVISION FOR LOAN AND | $940,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $995,613 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,580,025 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,202,724 | BOYAmt |
| EOY | $18,834,229 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,536,239 | BOYAmt |
| EOY | $96,072,615 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,709,447 | BOYAmt |
| EOY | $9,384,568 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,930,045 | BOYAmt |
| EOY | $4,927,716 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $204,060,316 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $139,539,820 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,241,419 | BOYAmt |
| EOY | $64,520,496 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,033,812,091 | BOYAmt |
| EOY | $989,707,976 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,715,853,127 | BOYAmt |
| EOY | $1,928,829,209 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,984,482 | BOYAmt |
| EOY | $9,918,884 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,261,591 | BOYAmt |
| EOY | $57,147,484 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,993,531,165 | BOYAmt |
| EOY | $3,179,343,177 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,722,741 | BOYAmt |
| EOY | $80,851,808 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,732,481,598 | BOYAmt |
| EOY | $2,866,676,501 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,800,204,339 | BOYAmt |
| EOY | $2,947,528,309 | 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 | $193,326,826 | BOYAmt |
| EOY | $231,814,868 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,326,826 | BOYAmt |
| EOY | $231,814,868 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,993,531,165 | BOYAmt |
| EOY | $3,179,343,177 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $21,418,667 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $16,784,158 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $285,217 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $17,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $17,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $17,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CCUL - PAC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 K STREET 1050 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 940357265 | EIN |
| Paid Internal Funds | $17,000 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | CONTRIBUTION TO CCUL - PAC | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,390,319 | OtherCostOrOtherBasisAmt |
| Book Value | $9,390,319 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $64,451,256 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,332,779 | DepreciationAmt |
| Book Value | $31,118,477 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,801,963 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,543,885 | DepreciationAmt |
| Book Value | $3,258,078 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,542,054 | OtherCostOrOtherBasisAmt |
| Depreciation | $98,663,156 | DepreciationAmt |
| Book Value | $18,878,898 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,874,724 | OtherCostOrOtherBasisAmt |
| Book Value | $1,874,724 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $64,520,496 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LOANS AND INVESTMENTS IN NATURAL PERSON CUS | $200,821 | C |
| ALL OTHER INVESTMENTS | $32,361,500 | F |
| LOANS AND LEASES | $1,872,612,380 | F |
| NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT | $23,654,508 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $1,928,829,209 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER NOTES AND INTEREST PAYABLE | $96,111,749 |
| SHARES AND DEPOSITS | $2,769,836,505 |
| DEFERRED REVENUE | $728,247 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,866,676,501 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX AS FURTHER DISCUSSED IN NOTE 12. THE CREDIT UNION'S WHOLLY-OWNED SUBSIDIARIES, WESCOM INSURANCE SERVICES, LLC, CUSO MORTGAGE, INC., WESCOM FINANCIAL SERVICES, LLC, AND WESCOM RESOURCES GROUP, LLC ARE SUBJECT TO STATE AND FEDERAL INCOME TAX. OPERATIONS OF THE WHOLLY OWNED SUBSIDIARIES RESULTED IN AN INSIGNIFICANT AMOUNT OF INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE SUBSIDIARIES ARE SUBJECT TO U.S. FEDERAL INCOME TAX AS WELL AS INCOME TAX OF THE STATE OF CALIFORNIA. THE SUBSIDIARIES ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. THE SUBSIDIARIES RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN OTHER EXPENSE. THERE WERE NO INTEREST OR PENALTIES RECORDED IN 2016 AND 2015. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| CALIFORNIA LEAGUE SERVICES CORPORATION - AN AFFILIATE OF THE CALIFORNIA CRE | ||||||||
| 2855 E GUASTI RD SUITE 600 | ONTARIO | CA | 91761 | 952626042 | 501(C)(3) | $5,582 | FMV | TO PROVIDE FINANCIAL SUPPORT TO SPONSOR COMMUNITY SERVICE OPPORTUNITIES |
| CHILDRENS MIRACLE NETWORK | ||||||||
| 4650 SUNSET BLVD | LOS ANGELES | CA | 90027 | 870387205 | 501(C)(3) | $77,084 | FMV | TO IMPROVE FACILITIES AND HEALTHCARE FOR SICK AND INJURED CHILDREN |
| RICHARD MYLES JOHNSON EDUCATIONAL FOUNDATION | ||||||||
| 2855 E GUASTI RD SUITE 600 | ONTARIO | CA | 91761 | 956141173 | 501(C)(3) | $38,300 | FMV | TO PROVIDE SUPPORT FOR FINANCIAL EDUCATION EFFORTS OF CREDIT UNIONS |
| THE SHAPIRO GROUP | ||||||||
| PO BOX 3000 | RANCHO CUCAMONGA | CA | 91729 | 940357265 | 501(C)(3) | $10,000 | FMV | TO PROVIDE FINANCIAL SUPPORT TO SMALLER CREDIT UNIONS |
| NATIONAL MS SOCIETY-PACIFIC SOUTH COAST CHAPTER | ||||||||
| 12121 SCRIPPS SUMMIT DR 190 | SAN DIEGO | CA | 92131 | 952633200 | 501(C)(3) | $5,000 | FMV | MS BIKE RIDE SUPPORTMS BIKE RIDE SUPPORTMS BIKE RIDE SUPPORT |
| WORLDWIDE FOUNDATION FOR CREDIT UNIONS | ||||||||
| 5710 MINERAL POINT ROAD | MADISON | WI | 53705 | 396093210 | 501(C)(3) | $7,500 | FMV | GWLN/CCUL LUNCHEON SPONSORSHIP |
| WESCOM'S WECARE FOUNDATION | ||||||||
| 123 SOUTH MARENGO AVE | PASADENA | CA | 91101 | 311709115 | 501(C)(3) | $96,875 | FMV | TO PROVIDE FINANCIAL SUPPORT TO SPONSOR COMMUNITY SERVICE OPPORTUNITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (29 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DARREN WILLIAMS | ||||||||||||||
| PRESIDENT & CEO | $664,574 | $0 | $262,124 | $0 | $37,240 | $0 | $33,900 | $0 | $30,422 | $0 | $1,028,260 | $0 | $0 | $0 |
| IRVING CHIU HENG YU | ||||||||||||||
| SVP FINANCE & CFO | $229,696 | $0 | $57,432 | $0 | $14,315 | $0 | $15,900 | $0 | $34,322 | $0 | $351,665 | $0 | $0 | $0 |
| JANE WOOD | ||||||||||||||
| EVP & COO | $346,823 | $0 | $133,007 | $0 | $323,722 | $0 | $15,900 | $0 | $21,856 | $0 | $841,308 | $0 | $0 | $0 |
| KEITH PIPES | ||||||||||||||
| EVP LENDING & FINANCIAL SERVICES | $343,073 | $0 | $129,113 | $0 | $23,403 | $0 | $15,900 | $0 | $1,262 | $0 | $512,751 | $0 | $0 | $0 |
| KEVIN SARBER | ||||||||||||||
| SVP TECHNOLOGY & DELIVERY | $271,114 | $0 | $67,830 | $0 | $16,307 | $0 | $15,900 | $0 | $25,149 | $0 | $396,300 | $0 | $0 | $0 |
| SUSAN R MCCREADY | ||||||||||||||
| SVP MEMBER SERVICES | $249,118 | $0 | $62,049 | $0 | $17,264 | $0 | $13,544 | $0 | $30,422 | $0 | $372,397 | $0 | $0 | $0 |
| CHARLES THOMAS | ||||||||||||||
| SENIOR VP LENDING | $252,135 | $0 | $49,998 | $0 | $21,539 | $0 | $10,924 | $0 | $14,078 | $0 | $348,674 | $0 | $0 | $0 |
| TIMOTHY DOLAN | ||||||||||||||
| SENIOR VP FINANCIAL SERVICES | $245,603 | $0 | $59,974 | $0 | $16,363 | $0 | $13,492 | $0 | $19,306 | $0 | $354,738 | $0 | $0 | $0 |
| DEENA OTTO | ||||||||||||||
| SENIOR VP ADMINISTRATION | $227,215 | $0 | $52,961 | $0 | $4,395 | $0 | $13,523 | $0 | $19,527 | $0 | $317,621 | $0 | $0 | $0 |
| RON WILSIE | ||||||||||||||
| VP CUSO MORTGAGE | $176,306 | $0 | $56,680 | $0 | $5,643 | $0 | $7,449 | $0 | $27,757 | $0 | $273,835 | $0 | $0 | $0 |
| DAVID GUMPERT-HERSH | ||||||||||||||
| VP BUSINESS ANALYTICS | $194,125 | $0 | $33,868 | $0 | $9,974 | $0 | $2,650 | $0 | $20,675 | $0 | $261,292 | $0 | $0 | $0 |
| DAVID CERWINSKI | ||||||||||||||
| VP SALES & CLIENT SERVICE | $149,986 | $0 | $84,683 | $0 | $646 | $0 | $10,900 | $0 | $18,871 | $0 | $265,086 | $0 | $0 | $0 |
| RAFAEL N GUERRA | ||||||||||||||
| PRESIDENT WIS | $182,416 | $0 | $46,558 | $0 | $4,782 | $0 | $8,639 | $0 | $19,174 | $0 | $261,569 | $0 | $0 | $0 |
| JONATHON BAUMAN | ||||||||||||||
| VP LOAN SERVICE & DEFAULT | $195,736 | $0 | $29,422 | $0 | $5,375 | $0 | $11,394 | $0 | $18,911 | $0 | $260,838 | $0 | $0 | $0 |
| CINDY CHING-CHING LAW | ||||||||||||||
| VP FINANCE | $183,434 | $0 | $32,414 | $0 | $6,683 | $0 | $13,545 | $0 | $30,249 | $0 | $266,325 | $0 | $0 | $0 |
| MELISSA PEDERSON | ||||||||||||||
| VP BRANCH OPERATIONS | $177,350 | $0 | $28,044 | $0 | $11,569 | $0 | $7,903 | $0 | $7,339 | $0 | $232,205 | $0 | $0 | $0 |
| KATHIE CHISM | ||||||||||||||
| VP BRANCH OPERATIONS | $165,671 | $0 | $27,398 | $0 | $18,806 | $0 | $12,611 | $0 | $13,327 | $0 | $237,813 | $0 | $0 | $0 |
| CONNIE MONICA KNOX | ||||||||||||||
| PRESIDENT WFS | $175,641 | $0 | $17,635 | $0 | $8,629 | $0 | $12,132 | $0 | $12,665 | $0 | $226,702 | $0 | $0 | $0 |
| THOMAS GOOCH | ||||||||||||||
| VP INFORMATION TECHNOLOGY | $163,504 | $0 | $25,922 | $0 | $5,267 | $0 | $10,913 | $0 | $17,184 | $0 | $222,790 | $0 | $0 | $0 |
| STEPHANIE WINKLER | ||||||||||||||
| VP HRD & WESCOM UNIVERSITY | $153,489 | $0 | $26,032 | $0 | $4,547 | $0 | $0 | $0 | $19,081 | $0 | $203,149 | $0 | $0 | $0 |
| ANTHONY BENDER FORMER | ||||||||||||||
| VP IMPLEMENTATION | $127,348 | $0 | $48,512 | $0 | $2,233 | $0 | $11,058 | $0 | $25,460 | $0 | $214,611 | $0 | $0 | $0 |
| ADRIANA WELCH | ||||||||||||||
| VP CONSUMER LENDING | $152,183 | $0 | $23,151 | $0 | $418 | $0 | $7,617 | $0 | $7,411 | $0 | $190,780 | $0 | $0 | $0 |
| KAREN FALL | ||||||||||||||
| VP MEMBER SERVICES | $147,585 | $0 | $24,581 | $0 | $1,483 | $0 | $10,673 | $0 | $18,919 | $0 | $203,241 | $0 | $0 | $0 |
| JOSEPH PAZIENZA FORMER | ||||||||||||||
| VP REAL ESTATE LENDING | $61,274 | $0 | $106,577 | $0 | $107 | $0 | $6,747 | $0 | $2,246 | $0 | $176,951 | $0 | $0 | $0 |
| KWE PAN | ||||||||||||||
| SALES MANAGER | $4,084 | $0 | $347,190 | $0 | $7,687 | $0 | $10,949 | $0 | $21,251 | $0 | $391,161 | $0 | $0 | $0 |
| OFELIA TELLEZ | ||||||||||||||
| LOAN OFFICER | $23,226 | $0 | $291,919 | $0 | $574 | $0 | $14,728 | $0 | $13,973 | $0 | $344,420 | $0 | $0 | $0 |
| STEVEN MCCORMICK FORMER | ||||||||||||||
| FINANCIAL ADVISOR | $0 | $0 | $303,872 | $0 | $3,745 | $0 | $8,418 | $0 | $16,087 | $0 | $332,122 | $0 | $0 | $0 |
| DANOVA CHOW | ||||||||||||||
| FINANCIAL ADVISOR | $0 | $0 | $300,028 | $0 | $614 | $0 | $10,258 | $0 | $22,280 | $0 | $333,180 | $0 | $0 | $0 |
| CONOR MURRAY | ||||||||||||||
| LOAN OFFICER | $90,848 | $0 | $203,074 | $0 | $404 | $0 | $6,764 | $0 | $22,290 | $0 | $323,380 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | PART 1, LINE 1A: TRAVEL FOR COMPANIONS THE PRESIDENT IS AUTHORIZED TO INCUR FIRST CLASS TRAVEL EXPENSES ON BEHALF OF HIS/HER SPOUSE PROVIDED THAT THE PRESIDENT SHALL BE RESPONSIBLE FOR ALL TAXES FOR ANY SUCH EXPENSES, AND THE TRAVEL IS RELATED TO THE CREDIT UNION AND IN THE BEST INTEREST OF THE CREDIT UNION. |
| PART I, LINE 4B | AN EMPLOYEE WHO IS A MEMBER OF A SELECT MANAGEMENT GROUP OR IS HIGHLY COMPENSATED IS ELIGIBLE TO PARTICIPATE IN A 457B PLAN EFFECTIVE ON THE FIRST DAY OF EMPLOYMENT. THE PARTICIPANT IS ELIGIBLE TO DEFER A MAXIMUM OF $18,000 IN THE 2016 PLAN YEAR. THE PRESIDENT/CEO OF THE CREDIT UNION IS ELIGIBLE TO PARTICIPATE IN A SEPARATE 457B PLAN EFFECTIVE ON THE FIRST DAY OF EMPLOYMENT. FOR EACH PLAN YEAR, THE CREDIT UNION WILL CONTRIBUTE TO THE PLAN THE FULL ELIGIBLE CONTRIBUTION AMOUNT. THE BENEFIT PROVIDED IS SUBJECT TO TAXATION UNDER SECTION 457B OF THE INTERNAL REVENUE CODE OF 1986. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (46 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| JANE WOOD | |||||||
| OFFICER | HELOC | Yes (X) | $250,000 | $92,392 | 0 | Yes (1) | Yes (1) |
| KEITH PIPES | |||||||
| OFFICER | 1ST MORTGAGE | Yes (X) | $625,500 | $564,976 | 0 | Yes (1) | Yes (1) |
| KEITH PIPES | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $24,500 | $837 | 0 | Yes (1) | Yes (1) |
| KEITH PIPES | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $24,500 | $165 | 0 | Yes (1) | Yes (1) |
| JANE WOOD | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $9,000 | $397 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | CREDIT CARD | Yes (X) | $11,500 | $5 | 0 | Yes (1) | Yes (1) |
| KEVIN SARBER | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $1,300,000 | $1,199,921 | 0 | Yes (1) | Yes (1) |
| KEVIN SARBER | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $24,500 | $3,077 | 0 | Yes (1) | Yes (1) |
| TIMOTHY DOLAN | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $417,000 | $412,302 | 0 | Yes (1) | Yes (1) |
| TIMOTHY DOLAN | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $36,500 | $3,280 | 0 | Yes (1) | Yes (1) |
| SUSAN MCCREADY | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $24,924 | 0 | Yes (1) | Yes (1) | |
| KEVIN SARBER | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $15,352 | $1,304 | 0 | Yes (1) | Yes (1) |
| RON WILSIE | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $34,927 | $31,749 | 0 | Yes (1) | Yes (1) |
| CONNIE MONICA KNOX | |||||||
| KEY EMPLOYEE | PERSONAL LOC | Yes (X) | $30,000 | $28,643 | 0 | Yes (1) | Yes (1) |
| DAVID GUMPERT-HERSH | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $652,500 | $530,729 | 0 | Yes (1) | Yes (1) |
| DAVID GUMPERT-HERSH | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $29,969 | $6,801 | 0 | Yes (1) | Yes (1) |
| DAVID GUMPERT-HERSH | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $72,000 | $5,963 | 0 | Yes (1) | Yes (1) |
| CINDY CHING-CHING LAW | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $150,000 | $55,672 | 0 | Yes (1) | Yes (1) |
| KATHIE CHISM | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $585,000 | $482,264 | 0 | Yes (1) | Yes (1) |
| KATHIE CHISM | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $48,458 | $25,535 | 0 | Yes (1) | Yes (1) |
| KATHIE CHISM | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $19,500 | $5,342 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | 1ST MORTGAGE | Yes (X) | $440,250 | $396,765 | 0 | Yes (1) | Yes (1) |
| IRVING YU | |||||||
| OFFICER | HELOC | Yes (X) | $250,000 | $60,500 | 0 | Yes (1) | Yes (1) |
| MELISSA PEDERSON | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $16,500 | $135 | 0 | Yes (1) | Yes (1) |
| JONATHON BAUMAN | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $209,000 | $153,046 | 0 | Yes (1) | Yes (1) |
| DEENA OTTO | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $8,000 | $1,539 | 0 | Yes (1) | Yes (1) |
| STEPHANIE WINKLER | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $54,558 | $22,369 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $390,000 | $388,069 | 0 | Yes (1) | Yes (1) |
| RON WILSIE | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $836,000 | $818,953 | 0 | Yes (1) | Yes (1) |
| CONNIE MONICA KNOX | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $636,000 | $608,645 | 0 | Yes (1) | Yes (1) |
| STEVEN MCCORMICK | |||||||
| HCE | 1ST MORTGAGE | Yes (X) | $548,000 | $349,815 | 0 | Yes (1) | Yes (1) |
| TIMOTHY DOLAN | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $337,600 | $295,574 | 0 | Yes (1) | Yes (1) |
| JANE WOOD | |||||||
| OFFICER | 1ST MORTGAGE | Yes (X) | $505,000 | $394,951 | 0 | Yes (1) | Yes (1) |
| CONNIE MONICA KNOX | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $37,027 | $22,366 | 0 | Yes (1) | Yes (1) |
| CONNIE MONICA KNOX | |||||||
| KEY EMPLOYEE | HOME EQUITY LOAN | Yes (X) | $17,500 | $15,958 | 0 | Yes (1) | Yes (1) |
| KAREN FALL | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $181,200 | $140,233 | 0 | Yes (1) | 0 |
| KAREN FALL | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $49,000 | $42,117 | 0 | Yes (1) | Yes (1) |
| KAREN FALL | |||||||
| KEY EMPLOYEE | CREDIT CARD | Yes (X) | $9,500 | $6,587 | 0 | Yes (1) | Yes (1) |
| RON WILSIE | |||||||
| KEY EMPLOYEE | HELOC | Yes (X) | $125,000 | $95,000 | 0 | Yes (1) | Yes (1) |
| THOMAS GOOCH | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $417,000 | $412,947 | 0 | Yes (1) | Yes (1) |
| DAVID CERWINSKI | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $180,000 | $175,897 | 0 | Yes (1) | Yes (1) |
| JONATHON BAUMAN | |||||||
| KEY EMPLOYEE | AUTO LOAN | Yes (X) | $15,000 | $10,865 | 0 | Yes (1) | Yes (1) |
| JONATHON BAUMAN | |||||||
| KEY EMPLOYEE | PERSONAL LOC | Yes (X) | $18,000 | $4,135 | 0 | Yes (1) | Yes (1) |
| ADRIANA WELCH | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $799,200 | $799,200 | 0 | Yes (1) | Yes (1) |
| CONOR MURRAY | |||||||
| KEY EMPLOYEE | 1ST MORTGAGE | Yes (X) | $720,250 | $716,289 | 0 | Yes (1) | Yes (1) |
| SUSAN MCCREADY | |||||||
| KEY EMPLOYEE | VISA | Yes (X) | $37,500 | $1,259 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $9,384,568 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS OWNED BY MEMBERS. MEMBERSHIP IS AVAILABLE TO ANY AND ALL PERSONS WHO LIVE, REGULARY WORK, CURRENTLY ATTEND SCHOOL, OR CURRENTLY WORSHIP IN THE SEVEN COUNTIES OF SOUTHERN CALIFORNIA. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS MEMBERS WHO MAY ELECT THE GOVERNING BODY. EACH MEMBER HAS ONE VOTE TO ELECT THE MEMBERS FOR THE GOVERNING BODY OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | AT THE END OF EACH TERM OF THE DIRECTORS, ELECTIONS ARE HELD AND BOARD DECISIONS REGARDING ELECTION OR REMOVAL OF DIRECTORS ARE VOTED ON BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE VP CONTROLLER, THE SVP CHIEF FINANCIAL OFFICER, AND THE CEO OF THE ORGANIZATION. THE RETURN THEN GOES THROUGH A FINAL REVIEW BY THE BOARD OF DIRECTORS BEFORE FINAL SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS ENFORCED AND MONITORED THROUGH OUR VARIOUS REPORTING MECHANISMS (ETHICS POINT, OPEN DOOR COMMUNICATION POLICY, WHICH INCLUDES RECOMMENDING THAT EMPLOYEES DISCUSS THE ISSUES WITH THEIR MANAGER, HUMAN RESOURCES, SENIOR MANAGEMENT OR THE CEO), WE ADDRESS THE ISSUE AND USE OUR POLICY FOR GUIDANCE, WHICH PROMOTES CONSISTENCY. |
| FORM 990, PART VI, SECTION B, LINE 15 | CEO'S COMPENSATION: WESCOM CREDIT UNION'S BOARD OF DIRECTORS PARTNERS WITH A THIRD PARTY VENDOR TO PERFORM REGULAR REVIEWS TO ENSURE THAT THE PRESIDENT/CEO'S SALARY AND TARGET INCENTIVE REMAIN IN AN APPROPRIATE RELATIONSHIP TO THE MARKET. OUR THIRD PARTY CONSULTANT EXAMINES THE CURRENT COMPENSATION MARKET THROUGH AN ANALYSIS WHICH INCLUDES A CREDIT UNION PEER GROUP BASED ON ASSET SIZE AND FINANCIAL PERFORMANCE. IN ADDITION, THE PRESIDENT/CEO'S SUPPLEMENTAL RETIREMENT ACCOUNT IS REVIEWED WITH THE BOARD TO EVALUATE INVESTMENT PERFORMANCE AND TO CONSIDER ANY PROGRAM ADJUSTMENTS THAT NEED TO BE MADE TO ENSURE THE PROGRAM REMAINS APPROPRIATE TO THE MARKET. THE BOARD APPROVES ALL CHANGES TO THE PRESIDENT/CEO'S COMPENSATION AND SUPPLEMENTAL RETIREMENT PLANS. FORM 990, PART VI, SECTION B, LINE 15B: EXECUTIVE TEAM (OTHER OFFICERS) AND OTHER KEY EMPLOYEES' COMPENSATION: WESCOM CREDIT UNION PARTNERS WITH A THIRD PARTY TO PERFORM A PERIODIC REVIEW TO ENSURE THAT THE EXECUTIVE AND STAFF TEAM MEMBERS' SALARY RANGES AND TARGET INCENTIVES REMAIN IN AN APPROPRIATE RELATIONSHIP WITH THE MARKET. OUR THIRD PARTY CONSULTANT EXAMINES THE CURRENT COMPENSATION MARKET THROUGH AN ANALYSIS WHICH INCLUDES A CREDIT UNION PEER GROUP BASED ON ASSET SIZE AND FINANCIAL PERFORMANCE. THE HR COMMITTEE OF THE BOARD REVIEWS THE INFORMATION AND PREPARES A RECOMMENDATION FOR THE BOARD OF DIRECTORS APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. REQUESTS REGARDING GOVERNING DOCUMENTS AND CONFLICT OF INTERESTS CAN BE SUBMITTED TO THE ORGANIZATION AND COPIES WILL BE PROVIDED UPON REQUEST. |
| FORM 990, PART VIII, LINE 7A - 7C, COLUMN (I): | PROCEEDS $1,400,546,416 BASIS $139,524,937 GAIN $5,300,479 |
| FORM 990, PART IX, LINE 24E: | OPERATING FEES 995,613 ---------- TOTAL OTHER EXPENSES 995,613 |
| FORM 990, PART XI, LINE 9: | OTHER ADJUSTMENT TO UNDIVIDED EARNINGS 285,217. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WESCOM HOLDINGS LLC | |||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 954889848 | FINANCIAL SERVICES | CA | $0 | $9,592,055 | WESCOM CREDIT UNION |
| WESCOM FINANCIAL SERVICES LLC | |||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 954853684 | FINANCIAL SERVICES | CA | $6,275,549 | $2,604,483 | WESCOM HOLDINGS LLC |
| WESCOM INSURANCE SERVICES LLC | |||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 954821865 | FINANCIAL SERVICES | CA | $2,894,844 | $9,644,582 | WESCOM HOLDINGS LLC |
| WESCOM RESOURCES GROUP LLC | |||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 431966875 | DATA PROCESSING | CA | $12,172,760 | $7,322,302 | WESCOM HOLDINGS LLC |
| HALLMARK ASSOCIATES INSURANCE SERVICES LLC | |||||||||
| 123 SOUTH MARENGO AVENUE | PASADENA | CA | 91101 | 954800085 | INSURANCE | CA | $0 | $11,816 | WESCOM INSURANCE SERVICES LLC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM'S WECARE FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 SOUTH MARENGO AVE | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311709115 | EIN |
| Primary Activities | CHARITY FUND | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 9 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUSO MORTGAGE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5601 EAST LA PALMA AVENUE | AddressLine1Txt |
| City | ANAHEIM | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92807 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710946762 | EIN |
| Primary Activities | MORTGAGE SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESCOM HOLDINGS LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $4,437,375 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $15,574,780 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CUSO MORTGAGE INC | ||
| J | $485,771 | ACTUAL AMOUNT PAID |
| WESCOM INSURANCE SERVICES LLC | ||
| J | $173,999 | ACTUAL AMOUNT PAID |
| WESCOM FINANCIAL SERVICES LLC | ||
| J | $942,194 | ACTUAL AMOUNT PAID |
| WESCOM RESOURCES GROUP LLC | ||
| J | $2,845,023 | ACTUAL AMOUNT PAID |
| WESCOM'S WECARE FOUNDATION | ||
| B | $96,875 | ACTUAL AMOUNT PAID |