PEOPLESCHOICE CREDIT UNION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: PEOPLESCHOICE CREDIT UNION (EIN 01-6015389)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-05-11
IRS object ID: 201621329349303157
Schema version: 2015v2.1
Note: A later return for the same period supersedes this one.
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-11T14:28:54-05:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	010242373	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MACPAGE LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	30 LONG CREEK DRIVE	AddressLine1Txt
City	SOUTH PORTLAND	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04106	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	016015389	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	PEOP	BusinessNameControlTxt
Phone	2072824156	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 INDUSTRIAL PARK ROAD	AddressLine1Txt
City	SACO	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04072	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LUKE LABBE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2072824156	PhoneNum
Signature	2016-05-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRAD WELLER	PreparerPersonNm
PTIN	P00285183	PTIN
Phone	2077745701	PhoneNum
Preparation	2016-05-04	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990 IRS990

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 INDUSTRIAL PARK ROAD	AddressLine1Txt
City	SACO	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04072	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,949,005	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.PEOPLESCHOICECREDITUNION.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1962	FormationYr
Legal Domicile State	ME	LegalDomicileStateCd
Activity Or Mission	PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	64	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$75,915	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$65,880	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$4,566,548	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,232,887	CYProgramServiceRevenueAmt
PY Investment Income	$686,241	PYInvestmentIncomeAmt
CY Investment Income	$344,645	CYInvestmentIncomeAmt
PY Other Revenue	$2,529,423	PYOtherRevenueAmt
CY Other Revenue	$1,371,473	CYOtherRevenueAmt
PY Total Revenue	$7,782,212	PYTotalRevenueAmt
CY Total Revenue	$3,949,005	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$988,847	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$469,950	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,927,562	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,494,750	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,215,803	PYOtherExpensesAmt
CY Other Expenses	$1,763,850	CYOtherExpensesAmt
PY Total Expenses	$7,132,212	PYTotalExpensesAmt
CY Total Expenses	$3,728,550	CYTotalExpensesAmt
PY Revenues Less Expenses	$650,000	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$220,455	CYRevenuesLessExpensesAmt
Total Assets BOY	$154,040,632	TotalAssetsBOYAmt
Total Assets EOY	$158,787,500	TotalAssetsEOYAmt
Total Liabilities BOY	$140,740,443	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$145,447,726	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,300,189	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$13,339,774	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$3,728,550	ExpenseAmt
Desc	THE CREDIT UNION HAS 15,162 MEMBERS AS OF 12/31/2014. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES.	Desc
Total Program Service Expenses	$3,728,550	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	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	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	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	1657	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	64	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	9	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	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

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LUKE LABBE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2072824156	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 488	AddressLine1Txt
City	BIDDEFORD	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04005	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CRAIG PENDLETON
CHAIRMAN	0.00	Yes (X)	$0	$0	$0
LISA PARKER
VICE - CHAIRMAN	0.00	Yes (X)	$0	$0	$0	Yes (X)
ANN PETERSON
MEMBER	0.00	Yes (X)	$0	$0	$0
JEFFREY LETELLIER
SECRETARY	0.00	Yes (X)	$0	$0	$0	Yes (X)
JEREMY RAY
MEMBER	0.00	Yes (X)	$0	$0	$0
EDWARD JACKSON
TREASURER	0.00	Yes (X)	$0	$0	$0
RAYMOND LAFORTUNE
MEMBER	0.00	Yes (X)	$0	$0	$0
SUSAN DESCHAMBAULT
MEMBER	0.00	Yes (X)	$0	$0	$0
GEOFFREY LACUESSA
MEMBER	0.00	Yes (X)	$0	$0	$0
RAYMOND GAGNON
MEMBER	0.00	Yes (X)	$0	$0	$0
KIMBERLY TITUS
MEMBER	0.00	Yes (X)	$0	$0	$0
LUKE LABBE
PRESIDENT	40.00		$240,265	$0	$23,271	Yes (X)
NANCY GRANT
VP FINANCE/IT	40.00		$115,121	$0	$16,964		Yes (X)
ERIC GREEN
VP OPERATIONS/LENDING	40.00		$111,706	$0	$15,393		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$467,092	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$55,628	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	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
SYNERGENT
POBOX 1236	PORTLAND	ME	04104	DATA PROCESSING SERVICES	$288,593
FIRST DATA
11950 JOLLYVILLE RD	AUSTIN	TX	78756	HOME BANKING SERVICE PROVIDER	$190,199
BP CLEANING
PO BOX 1194	BIDDEFORD	ME	04005	JANITORIAL	$124,374

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

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LOAN INCOME FROM MEMBE	Desc
Business	522100	BusinessCd
Total Revenue Column	$2,232,887	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,232,887	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,232,887	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$344,645	TotalRevenueColumnAmt
Exclusion	$344,645	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER INCOME	522100	$962,078	$962,078
SERVICE CHARGES AND FE	522100	$333,480	$333,480
NON-MEMBER ATM FEES	522100	$34,795		$34,795

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$41,120	TotalRevenueColumnAmt
Unrelated Business Revenue	$41,120	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,371,473	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,949,005	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,528,445	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$75,915	UnrelatedBusinessRevenueAmt
Exclusion	$344,645	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$469,950	TotalAmt
Program Services	$469,950	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$263,536	TotalAmt
Program Services	$263,536	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,231,214	TotalAmt
Program Services	$1,231,214	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$465,405	TotalAmt
Program Services	$465,405	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$380,525	TotalAmt
Program Services	$380,525	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$52,342	TotalAmt
Program Services	$52,342	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
PROFESSIONAL FEES	$344,483	$344,483
LOAN SERVICING/COLLECTI	$195,835	$195,835
PROVISION FOR BAD DEBTS	$150,000	$150,000
EDUCATION & PROMOTIONAL	$110,535	$110,535

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$64,725	TotalAmt
Program Services	$64,725	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,728,550	TotalAmt
Program Services	$3,728,550	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,627,920	BOYAmt
EOY	$2,790,358	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$37,015,598	BOYAmt
EOY	$40,871,702	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$94,329,612	BOYAmt
EOY	$98,586,543	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$11,676,244	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,033,254	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,507,632	BOYAmt
EOY	$7,642,990	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$7,559,870	BOYAmt
EOY	$8,895,907	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$154,040,632	BOYAmt
EOY	$158,787,500	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,356,184	BOYAmt
EOY	$1,249,194	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$7,500,000	BOYAmt
EOY	$7,500,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$131,884,259	BOYAmt
EOY	$136,698,532	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$140,740,443	BOYAmt
EOY	$145,447,726	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	$13,300,189	BOYAmt
EOY	$13,339,774	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,300,189	BOYAmt
EOY	$13,339,774	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$154,040,632	BOYAmt
EOY	$158,787,500	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$220,455	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$216,699	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$35,829	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

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,676,244	OtherCostOrOtherBasisAmt
Depreciation	$4,033,254	DepreciationAmt
Book Value	$7,642,990	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$7,642,990	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
OTHER ASSETS	$7,572,142
NCUA SHARE INSURANCE CAPITALIZATION DEPO	$1,278,841
FORECLOSURE & REPOSSESSED ASSETS	$44,924

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$8,895,907	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARE AND SAVINGS ACCOUNT	Desc
Amt	$136,698,532	Amt

Field	Value	IRS element (for citing)
Total Liability	$136,698,532	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$3,949,005	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$3,949,005	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,949,005	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,728,550	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,728,550	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,728,550	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	LUKE LABBE	PersonNm
Title	PRESIDENT	TitleTxt
Base Compensation Filing Org	$210,265	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$30,000	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$23,271	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$263,536	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VARIOUS CU OFFICIALS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Loan Purpose	VARIOUS	LoanPurposeTxt
Loan From Organization	Yes (X)	LoanFromOrganizationInd
Original Principal	$1,643,652	OriginalPrincipalAmt
Default	0	DefaultInd
Board Or Committee Approval	Yes (1)	BoardOrCommitteeApprovalInd
Written Agreement	Yes (1)	WrittenAgreementInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE MEMBERS HAVE A VOTE DURING THE ANNUAL MEETING TO APPOINT THE BOARD OF DIRECTORS TO THE CREDIT UNION BUT THE BOARD OF DIRECTORS MAKES MOST SIGNIFICANT DECISIONS ONCE ELECTED. THE MEMBERS RECEIVE MONTHLY DIVIDENDS BASED ON SHARE ACCOUNTS. MEMBERS DO NOT RECEIVE ANY DISTRIBUTIONS, PROFITS, OR NET ASSETS UPON DISSOLUTION.
FORM 990, PART VI, SECTION A, LINE 7A	ALL MEMBERS HAVE A VOTE DURING THE ANNUAL MEETING TO APPOINT THE BOARD OF DIRECTORS FOR THE CREDIT UNION, REGARDLESS OF THEIR MEMBERSHIP BALANCE.
FORM 990, PART VI, SECTION A, LINE 7B	MOST DECISIONS ARE MADE BY THE BOARD OF DIRECTORS. THE ONLY DECISION THE MEMBERS WOULD VOTE ON IS THE ELECTION OF THE BOARD OF DIRECTORS AND APPROVAL OF ANY MERGERS WITH ANOTHER INSTITUTION THAT WOULD HAVE BEEN BASED ON A DECISION BY THE BOARD OF DIRECTORS TO HAVE A VOTE.
FORM 990, PART VI, SECTION B, LINE 11	LINE 11A EXPLANATION - THE PRESIDENT OF THE CREDIT UNION REVIEWS THE 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE CREDIT UNION'S POLICY IS WITHIN VARIOUS POLICIES. EMPLOYEES WITH THE ABILITY TO ORIGINATE LOANS ARE NOT ABLE TO DO SO TO THEMSELVES OR FOR ANY FAMILY MEMBERS. ALL LOANS GO THROUGH A CLOSING CHECKLIST TO ENSURE PROPER APPROVAL AND THE NEW LOAN REPORT IS REVIEWED BY A COMPLIANCE OFFICER AS WELL AS PRESENTED TO THE BOARD OF DIRECTORS MONTHLY. EMPLOYEES ARE ALSO RESTRICTED FROM PERFORMING ANY TRANSACTIONS ON THEIR ACCOUNTS, OR FAMILY MEMBER ACCOUNTS; EMPLOYEES CANNOT MAKE ANY CHANGES TO THEIR ACCOUTNS AND WOULD NEED ANOTHER EMPLOYEE TO DO SO. THE FILE MAINTENANCE REPORT IS REVIEWED DAILY TO REVIEW ANY CHANGES TO EMPLOYEE ACCOUNTS.
FORM 990, PART VI, SECTION B, LINE 15	THE CREDIT UNION USES KOKER GOODWIN & ASSOCIATES, INC., A COMPENSATION AND PERFORMANCE CONSULTANT GROUP OUT OF WICHITA, KS.
FORM 990, PART VI, SECTION C, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 9:	PENSION LIABILITY ADJUSTMENT 35,829.