Pinnacle Credit Union: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: Pinnacle Credit Union (EIN 58-0147125)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-11-14
IRS object ID: 201623199349302457
Schema version: 2015v2.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-14T09:24:38-06:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382492570	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOEREN MAYHEW	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 S W 129TH COURT STE 201	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	331864582	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	580147125	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PINNACLE CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PINN	BusinessNameControlTxt
Phone	4048881648	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	536 NORTH AVENUE NE	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30308	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LINDSAY KNODEL	PersonNm
Person Title	CONTROLLER	PersonTitleTxt
Phone	4048881648	PhoneNum
Signature	2016-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DOUGLAS J ORTH	PreparerPersonNm
PTIN	P01076394	PTIN
Phone	3052328272	PhoneNum

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MATTHEW SELKE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	536 NORTH AVENUE NE	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30308	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,904,578	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Group Exemption	1986	GroupExemptionNum
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.PINNACLECU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1926	FormationYr
Legal Domicile State	GA	LegalDomicileStateCd
Activity Or Mission	STATE CHARTERED MEMBER SERVED CREDIT UNION.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	30	TotalEmployeeCnt
Total Volunteers	5	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$3,223,262	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,476,679	CYProgramServiceRevenueAmt
PY Investment Income	$293,907	PYInvestmentIncomeAmt
CY Investment Income	$427,899	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,517,169	PYTotalRevenueAmt
CY Total Revenue	$3,904,578	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	$1,333,009	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,491,107	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,831,796	PYOtherExpensesAmt
CY Other Expenses	$2,027,892	CYOtherExpensesAmt
PY Total Expenses	$3,164,805	PYTotalExpensesAmt
CY Total Expenses	$3,518,999	CYTotalExpensesAmt
PY Revenues Less Expenses	$352,364	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$385,579	CYRevenuesLessExpensesAmt
Total Assets BOY	$77,791,641	TotalAssetsBOYAmt
Total Assets EOY	$76,013,819	TotalAssetsEOYAmt
Total Liabilities BOY	$72,986,490	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$70,938,626	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,805,151	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,075,193	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE FINANCIAL SERVICES TO THE VARIOUS MEMBERS OF THE FINANCIAL INSTITUTION INCLUDING LOAN AND DEPOSIT ACCOUNTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	INTEREST PAID TO MEMBERS DEPOSITS, IRAS AND CERTIFICATES OF DEPOSIT. PURPOSE IS TO PROVIDE THRIFT SAVINGS AND DEPOSIT SERVICES TO MEMBERS	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	LOAN SERVICING COSTS FOR LOANS AND CREDIT CARDS TO MEMBERS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	INFORMATION TECHNOLOGY (DATA PROCESSING) REQUIRED TO PROVIDE THRIFT LOAN AND DEPOSIT SERVICES AND PRODUCTS TO MEMBERS.	Desc

Field	Value	IRS element (for citing)
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	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	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	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	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	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	879	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	30	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
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	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	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	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	0	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	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

Field	Value	IRS element (for citing)
Person	MATTHEW SELKE	PersonNm
Phone	4048881648	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	536 NORTH AVENUE NE	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30308	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
ANTHONY SCALESE
DIRECTOR	1.00	Yes (X)	$750	$0	$0
GENE CHANDLER
CHAIRMAN	1.00	Yes (X)	$675	$0	$0
WILLIE LESTER
DIRECTOR	1.00	Yes (X)	$825	$0	$0
JAMES TAYLOR
V. CHAIRMAN	1.00	Yes (X)	$825	$0	$0
ALAN WEEKS
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JEANNE IVORY
DIRECTOR	1.00	Yes (X)	$0	$0	$0
WALTER THOMPSON
DIRECTOR	1.00	Yes (X)	$0	$0	$0
MATTHEW SELKE
PRESIDENT/CEO	40.00		$100,848	$0	$12,625	Yes (X)
LINDSAY KNODEL
CONTROLLER	40.00		$74,042	$0	$3,735	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$177,965	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$16,360	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
XP SYSTEMS
75 REMITTANCE DRIVE SUITE 6963	CHICAGO	IL	60675	DATA PROCESSING	$171,818
D&H CAVION
PO BOX 535120	ATLANTA	GA	30353	HOME BANKING & BILL PAY	$133,093
AT&T
PO BOX 535120	ATLANTA	GA	30353	TELEPHONE & INTERNET SERVICES	$130,339

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST ON LOANS	522100	$2,265,923	$2,265,923
FEES/CHARGRES/OTHER	522100	$1,210,756	$1,210,756

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,476,679	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$427,899	TotalRevenueColumnAmt
Related Or Exempt Func Income	$427,899	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,904,578	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,904,578	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	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	$194,325	TotalAmt
Program Services	$194,325	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,038,067	TotalAmt
Program Services	$1,038,067	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$57,771	TotalAmt
Program Services	$57,771	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$108,161	TotalAmt
Program Services	$108,161	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$92,783	TotalAmt
Program Services	$92,783	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$5,399	TotalAmt
Program Services	$5,399	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$33,338	TotalAmt
Program Services	$33,338	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$149,799	TotalAmt
Program Services	$149,799	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$86,381	TotalAmt
Program Services	$86,381	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$352,531	TotalAmt
Program Services	$352,531	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$344,633	TotalAmt
Program Services	$344,633	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$127,801	TotalAmt
Program Services	$127,801	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$11,235	TotalAmt
Program Services	$11,235	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$79,874	TotalAmt
Program Services	$79,874	ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$55,508	TotalAmt
Program Services	$55,508	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$81,318	TotalAmt
Program Services	$81,318	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$61,482	TotalAmt
Program Services	$61,482	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PROVISION FOR LOAN LOSS	$271,395	$271,395
MISCELLANEOUS	$132,547	$132,547
ATM/VISA PROGRAMS	$72,388	$72,388
LOAN SERVICING	$61,086	$61,086

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$101,177	TotalAmt
Program Services	$101,177	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,518,999	TotalAmt
Program Services	$3,518,999	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$423,523	BOYAmt
EOY	$611,414	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$8,379,481	BOYAmt
EOY	$926,373	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$27,932	BOYAmt
EOY	$37,090	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$35,216,511	BOYAmt
EOY	$36,120,491	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$176,790	BOYAmt
EOY	$87,080	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,635,126	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,725,912	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,618,995	BOYAmt
EOY	$1,909,214	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$17,168,280	BOYAmt
EOY	$13,833,065	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$12,983,931	BOYAmt
EOY	$18,228,285	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,796,198	BOYAmt
EOY	$4,260,807	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$77,791,641	BOYAmt
EOY	$76,013,819	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$408,530	BOYAmt
EOY	$108,092	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$72,577,960	BOYAmt
EOY	$70,830,534	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$72,986,490	BOYAmt
EOY	$70,938,626	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	$4,805,151	BOYAmt
EOY	$5,075,193	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,805,151	BOYAmt
EOY	$5,075,193	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$77,791,641	BOYAmt
EOY	$76,013,819	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$385,579	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$115,537	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$300,564	OtherCostOrOtherBasisAmt
Book Value	$300,564	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,022,154	OtherCostOrOtherBasisAmt
Depreciation	$958,870	DepreciationAmt
Book Value	$1,063,284	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,298,073	OtherCostOrOtherBasisAmt
Depreciation	$752,807	DepreciationAmt
Book Value	$545,266	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$14,335	OtherCostOrOtherBasisAmt
Depreciation	$14,235	DepreciationAmt
Book Value	$100	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,909,214	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
LONG TERM CERTIFICATES	$3,475,000	C
CATALYST CORPORATE PERPETUAL CONTRIBUTED CAPITAL	$216,285	C
INVESTMENTS IN BANKS	$14,537,000	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$18,228,285	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (11 entries)

DescDesc	Book ValueBookValueAmt
ACCRUED INTEREST	$168,910
VISA EXCEPTIONS	$15,505
NCUSIF DEPOSIT	$683,820
LINE OF CREDIT TO CUFS	$250,000
OTHER ASSETS	$5,000
INVESTMENTS IN CUSO	$230,592
EQUIFAX CARD SETTLEMENT FUND	$138,513
REAL ESTATE HOLDINGS	$50,000
LIFE INSURANCE-OFFICER	$79,996
PAYROLL IN-TRANSIT SUSPENSE	$2,243,469
CUFS MORTGAGES SUSPENSE	$395,002

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$4,260,807	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDesc	AmtAmt
REGULAR SHARES	$29,332,979
SHARE DRAFT	$11,176,348
CERTIFICATES OF DEPOSIT	$10,148,443
MONEY MARKET	$15,891,505
IRA CERTIFICATES	$1,403,245
IRA SHARES	$2,872,541
OTHER	$5,473

Field	Value	IRS element (for citing)
Total Liability	$70,830,534	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	MEMBERS ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7B	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
FORM 990, PART VI, SECTION B, LINE 11	THE PRESIDENT/CEO WILL PROVIDE A COPY OF THE FILED FORM 990 TO THE FULL BOARD OF DIRECTORS DURING A SCHEDULED BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUAL DISCLOSURES ARE REQUIRED.
FORM 990, PART VI, SECTION B, LINE 15	DETERMINED BY INDUSTRY STANDARDS, EDUCATION, AND EXPERIENCE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED.
FORM 990, PART IX, LINE 24E	MAINTENANCE AND REPAIRS: PROGRAM SERVICE EXPENSES 45,784. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,784. TRAINING: PROGRAM SERVICE EXPENSES 38,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,683. STATE EXAM FEES: PROGRAM SERVICE EXPENSES 16,710. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,710.