2016-10-24T19:36:34-05:00 2015-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2015-01-01 951321381 UNIVERSAL CITY STUDIOS CREDIT UNION UNIV 8187771295 90 UNIVERSAL CITY PLAZA UNIVERSAL CITY CA 91608 THOMAS OTT CEO 8187771295 2016-10-19 1 VALENTINO CREUS CPA P01054153 8189549700 2015 2017-02-10 21:41:12Z THOMAS OTT 90 UNIVERSAL CITY PLAZA UNIVERSAL CITY CA 91608 3449802 0 X WWW.UCSCU.ORG X CREDIT UNION 1927 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 5 5 15 10 25466 0 0 0 3074640 2852136 25996 36234 144906 -265758 3245542 2622612 0 0 0 0 1035299 993623 0 0 0 1725121 1443024 2760420 2436647 485122 185965 71069783 68408203 65760886 62957201 5308897 5451002 X UNIVERSAL CITY STUDIOS CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, UNIVERSAL CITY STUDIOS CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 UNIVERSAL CITY STUDIOS CREDIT UNION'S OPERATIONS ARE PRINCIPALLY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO EMPLOYEES OF UNIVERSAL STUDIOS, INC., DREAMWORKS, SKG, AND OTHER MEMBERS DEFINED IN THE CREDIT UNION'S BYLAWS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1582 0 1 15 1 1 1 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X X BRIAN HOLLISTER DIRECTOR OF FINANCE 8187771295 90 UNIVERSAL CITY PLAZA UNIVERSAL CITY CA 91608 JUNE SMITH CHAIRPERSON 1.00 X 0 0 0 JAMES MAULL VICE CHAIRPERSON 1.00 X 0 0 0 MELISSA LEFFLER SECRETARY 1.00 X 0 0 0 LEONARD DIRISIO TREASURER 1.00 X 0 0 0 JANICE ETZKORN BOARD MEMBER 1.00 X 0 0 0 PAULA BRAND SUPV CMTE CHAIRPERSON 1.00 X 0 0 0 VALERIE ADAMS SUPV CMTE MEMBER 1.00 X 0 0 0 WILLA KING SUPV CMTE MEMBER 1.00 X 0 0 0 RANDY LENCIONI SUPV CMTE MEMBER 1.00 X 0 0 0 RALPH RICCATELLI SUPV CMTE MEMBER 1.00 X 0 0 0 THOMAS OTT CEO 40.00 X 170396 0 11899 BRIAN HOLLISTER DIRECTOR OF FINANCE 40.00 X 47174 0 6322 JESUS LOPEZ EXECUTIVE VP 40.00 X 88696 0 9339 ANN BABICH VP OF OPERATIONS 40.00 X 63016 0 8886 369282 0 36446 1 0 1 0 JACK HENRY & ASSOCIATES INC 663 W HIGHWAY 60 MONETT MO 65708 INFORMATION/DATA PROCESSING 154335 VISA USA INC PO BOX 742233 LOS ANGELES CA 90074 DEBIT/CREDIT CARD PROCESSING SERVICE 131400 2 INTEREST ON LOANS 522100 2188139 2188139 OTHER OPERATING INCOME 522100 376434 376434 FEE INCOME 522100 287563 262097 25466 2852136 36234 36234 561432 827190 -265758 -265758 -265758 2622612 2862904 25466 -265758 369282 429978 41946 90145 62272 30206 57961 69577 31513 287726 167625 267239 1225 157943 151526 9614 LOAN SERVICING EXPENSE 97772 MISCELLANEOUS EXPENSE 76911 PROVISION FOR LOAN & LE 26727 OPERATING FEES 9209 250 2436647 562724 737742 13347573 6779090 87414 108329 169287 133469 15858154 4102270 12121145 11755884 42789946 46582280 1991694 2311409 71069783 68408203 844680 845348 64916206 62111853 65760886 62957201 X 0 0 0 0 5308897 5451002 5308897 5451002 71069783 68408203 X 185965 -43860 X X 0 1 X 1 0 2800000 2800000 9817782 1883334 7934448 2381303 1412526 968777 859069 806410 52659 11755884 PAID-IN CAPITAL AT CORP 80000 C ALL OTHER INVESTMENTS 233200 F LOANS AND LEASES 45727693 F NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 541387 C 46582280 TOTAL SHARES AND DEPOSITS 59110633 DRAWS AGAINST LINES OF CREDIT 3000000 ACCRUED DIVIDENDS & INTEREST PAYABLE ON SHARES & DEPOSITS 1220 62111853 X 3449802 0 3449802 -827190 -827190 2622612 3263837 0 3263837 -827190 -827190 2436647 PART X, LINE 2: FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" TO BE SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2015, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECOGNIZED IN REVENUE SECTION OF RETURN -827,190. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECOGNIZED IN REVENUE SECTION OF RETURN -827,190. X 0 0 0 THOMAS OTT CEO 170396 0 0 0 0 0 4770 0 7129 0 182295 0 0 0 ANN BABICH OFFICER AUTO X 43521 32794 0 1 1 ANN BABICH OFFICER SECURED LOAN X 9000 8006 0 1 1 ANN BABICH OFFICER SECURED LOAN X 6000 5159 0 1 1 BRIAN HOLLISTER OFFICER AUTO X 31928 10076 0 1 1 BRIAN HOLLISTER OFFICER AUTO X 33759 31595 0 1 1 THOMAS OTT OFFICER AUTO X 41862 4410 0 1 1 THOMAS OTT OFFICER AUTO X 30239 16289 0 1 1 108329 FORM 990, PART VI, SECTION A, LINE 6 UNIVERSAL CITY STUDIOS CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. UNIVERSAL CITY STUDIOS CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF UNIVERSAL CITY STUDIOS CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY OUR BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD AND MANAGEMENT REVIEW THE FORM 990 DURING THE BOARD MEETING AND PROVIDE COMMENTS AND NOTIFICATIONS WHERE NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS IN THE UNIVERSAL CITY STUDIOS CREDIT UNION MANUAL AND EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ANNUALLY REVIEWS EXTERNAL ANALYSIS OF COMPARABLE SALARY AND A BENEFIT DERIVED FROM A CREDIT UNION INDUSTRY SOURCE AND THUS DETERMINES THE SALARY OF THE CEO AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN OCI -43,860. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.