FRONTWAVE CREDIT UNION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FRONTWAVE CREDIT UNION (EIN 95-1820763)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-04-08
- IRS object ID
- 201400989349300545
- Schema version
- 2013v3.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-04-08T17:25:00-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951820763 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACIFIC MARINE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PACI | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1278 ROCKY POINT DRIVE | AddressLine1 |
| City | OCEANSID | City |
| State | CA | State |
| ZIP Code | 92056 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE DENTON | PersonNm |
| Person Title | VP FINANCEAFO | PersonTitleTxt |
| Phone | 7604307511 | PhoneNum |
| Signature | 2014-04-07 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHELLE DENTON | PrincipalOfficerNm |
| Gross Receipts | $38,057,488 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (true) | AllAffiliatesIncludedInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PMCU.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | SINCE 1952 PACIFIC MARINE CREDIT UNION (BACK THEN KNOWN AS CAMP PENDLETON FEDERAL CREDIT UNION) HAS BEEN SERVING THE FINANCIAL NEEDS OF MARINES SAILORS ANS FEDERAL EMPLOYEES LIVING IN SOUTHERN CALIFORNIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 353 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,482,989 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $16,402,097 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,285,870 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,093,228 | CYInvestmentIncomeAmt |
| PY Other Revenue | $18,217,487 | PYOtherRevenueAmt |
| CY Other Revenue | $19,562,164 | CYOtherRevenueAmt |
| PY Total Revenue | $37,986,346 | PYTotalRevenueAmt |
| CY Total Revenue | $38,057,489 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,421,675 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,914,072 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,679,848 | PYOtherExpensesAmt |
| CY Other Expenses | $20,027,356 | CYOtherExpensesAmt |
| PY Total Expenses | $33,101,523 | PYTotalExpensesAmt |
| CY Total Expenses | $33,941,428 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,884,823 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,116,061 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $675,742,678 | TotalAssetsBOYAmt |
| Total Assets EOY | $685,528,979 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $584,260,378 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $589,946,068 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $91,482,300 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $95,582,911 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PMCU PROVIDES AN EXTENSIVE MENU OF FINANCIAL SERVICES TO MEET THE NEEDS OF OUR MEMBERS WE ARE DIFFERENT FROM A BANK IN ONE IMPORTANT WAY PMCU IS A NOT-FOR-PROFIT ORGANIZATION CONTROLLED BY ITS MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $13,914,073 | ExpenseAmt |
| Desc | SALARIES AND BENEFITS PAID TO STAFF | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | 522130 | ActivityCd |
| Expense | $7,734,739 | ExpenseAmt |
| Desc | OFFICE OPERATIONS | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | 522130 | ActivityCd |
| Expense | $2,163,693 | ExpenseAmt |
| Desc | OFFICE OCCUPANCY | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,128,923 | ExpenseAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $33,941,428 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 353 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PACIFIC MARINE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7604307511 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1278 ROCKY POINT DRIVE | AddressLine1 |
| City | OCEANSIDE | City |
| State | CA | State |
| ZIP Code | 92056 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| DAVID L DAVIS | ||||||
| PRESIDENTCEO | 40 | Yes (X) | $271,699 | $0 | $0 | |
| RANDI BROOKE | ||||||
| VP OPERATIONS | 40 | Yes (X) | $187,399 | $0 | $0 | |
| BRADLEY SMITH | ||||||
| VP STRATEGIC DEVELOPMENT | 40 | Yes (X) | $172,242 | $0 | $0 | |
| DEBORAH KENNEDY | ||||||
| VP LENDING | 40 | Yes (X) | $167,962 | $0 | $0 | |
| MICHELLE A DENTON | ||||||
| VP FINANCEAFOSECURITY OFFICER | 40 | Yes (X) | $180,115 | $0 | $0 | |
| PENELOPE SANDIFER | ||||||
| VP HUMAN RESOURCES | 40 | Yes (X) | $151,816 | $0 | $0 | |
| W WARD WELLS | ||||||
| VP INFORMATION SERVICES | 40 | Yes (X) | $191,538 | $0 | $0 | |
| RICHARD B ROTHEWELL | ||||||
| CHAIRMAN | 1 | $0 | $0 | $0 | Yes (X) | |
| GEORGE T HOAGLAND | ||||||
| VICE CHAIRMAN | 1 | $0 | $0 | $0 | Yes (X) | |
| JAMES A COTHRAN | ||||||
| SECRETARY | 1 | $0 | $0 | $0 | Yes (X) | |
| GARY GREVING | ||||||
| TREASURER | 1 | $0 | $0 | $0 | Yes (X) | |
| GORDON L MILLER | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| GERALD POLYASCKO | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| VICTOR HERNANDEZ | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| SALLY ARNETT | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| JAMES LAWLESS | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,322,771 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LOVECCHIO AGENCY | |||||
| 4594 CALLE DE VI | SAN DIEGO | CA | 92124 | ADVERTISING | $1,409,728 |
| UNITED HEALTH CARE | |||||
| DEPT 6940 | LOS ANGELES | CA | 90084 | HEALTH INSURANCE | $1,139,130 |
| FISERV INC | |||||
| 4 REMITTANCE DR | CHICAGO | IL | 60675 | CORE COMPUTER SYSTEM | $561,271 |
| ALLIED SOLUTIONS LLC | |||||
| PO BOX 262625 | PLANO | TX | 75026 | COLLATERAL PROTECTION | $555,075 |
| ACI WORLDWIDE CORP | |||||
| 99944 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | HOME BANKINGWEBSITE | $509,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST ON LOANS | Desc |
| Business | 522130 | BusinessCd |
| Total Revenue Column | $16,402,097 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $16,402,097 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,093,228 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| FEE INCOME | 522130 | $9,896,936 |
| OTHER INCOME | 522130 | $9,282,283 |
| INTERCHANGE INCOME | 522130 | $382,945 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $19,562,164 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,057,489 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,322,772 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,700,707 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $468,161 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,491,462 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $930,970 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,354 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,673 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,189 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $979,232 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,983,221 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,021,227 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,952 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,719,608 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,776 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,706 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,747,666 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $452,834 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ASSOCIATION DUES | $80,684 |
| PROVISION FOR LOAN LOSSES | $1,365,977 |
| LOAN SERVICING | $1,697,036 |
| DIVIDENDS | $2,262,241 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $866,980 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,941,428 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,415,751 | BOYAmt |
| EOY | $101,232,706 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,913,142 | BOYAmt |
| EOY | $2,161,626 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $323,073,467 | BOYAmt |
| EOY | $378,419,427 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,085,568 | BOYAmt |
| EOY | $1,033,835 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $40,534,826 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,009,556 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,476,483 | BOYAmt |
| EOY | $25,525,270 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,000 | BOYAmt |
| EOY | $80,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,678,000 | BOYAmt |
| EOY | $167,823,550 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,020,267 | BOYAmt |
| EOY | $9,252,565 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,742,678 | BOYAmt |
| EOY | $685,528,979 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,025,093 | BOYAmt |
| EOY | $11,002,645 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $573,235,285 | BOYAmt |
| EOY | $578,943,423 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $584,260,378 | BOYAmt |
| EOY | $589,946,068 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | -$15,450 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,482,300 | BOYAmt |
| EOY | $95,598,361 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,482,300 | BOYAmt |
| EOY | $95,582,911 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,742,678 | BOYAmt |
| EOY | $685,528,979 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,116,061 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$15,450 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | 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 | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $7,376,773 | InvestmentCostOrOtherBasisAmt |
| Book Value | $7,376,773 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $16,155,147 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,993,085 | DepreciationAmt |
| Book Value | $14,162,061 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,178,508 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,637,507 | DepreciationAmt |
| Book Value | $541,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $14,824,398 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $11,378,963 | DepreciationAmt |
| Book Value | $3,445,435 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,525,269 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $80,000 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CU FIRST OWNERSHIP SHARE | $25,000 | C |
| CU DIRECT CORP | $50,000 | |
| CO-OP STOCK | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $160,000 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CATALYST CORP FCU - PCC | $600,000 | C |
| BROKERED INVESTMENTS | $58,984,550 | F |
| OTHER BANK AND CU CERTIFICATES | $108,239,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $167,823,550 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| SHARES | $103,681,844 |
| MONEY MARKET SHARES | $174,818,750 |
| SHARE DRAFTS | $97,217,506 |
| DIVIDEND SHARE DRAFT | $293,553 |
| CERTIFICATES | $105,935,089 |
| IRA MONEY MARKET SHARES | $6,198,196 |
| IRA CERTIFICATES | $24,456,767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $512,601,705 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $38,057,488 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $33,941,427 | OtherRevenueAmt |
| Revenue Not Reported | $33,941,427 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,116,061 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $4,116,061 | TotalRevenuePerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XI PAGE 4 2D | FormAndLineReferenceDesc |
| Explanation | TOTAL REVENUE PER AUDITED FINANCIAL STATEMENTS | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| DAVID L DAVIS | |||
| $225,000 | $46,699 | $16,451 | $255,150 |
| BRADLEY SMITH | |||
| $145,052 | $27,190 | $17,877 | $190,119 |
| DEBORAH KENNEDY | |||
| $136,516 | $31,447 | $10,658 | $178,621 |
| MICHELLE A DENTON | |||
| $151,228 | $28,887 | $17,801 | $197,916 |
| PENELOPE SANDIFER | |||
| $135,227 | $16,589 | $8,573 | $160,389 |
| RANDI BROOKE | |||
| $153,820 | $33,580 | $8,460 | $195,860 |
| W WARD WELLS | |||
| $154,440 | $37,098 | $3,179 | $194,717 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (9 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|
| BRADLEY A SMITH | ||||||
| OFFICER | Yes (X) | $430,000 | $381,044 | false | Yes (true) | Yes (true) |
| DAVID L DAVIS | ||||||
| OFFICER | Yes (X) | $109,000 | $108 | false | Yes (true) | Yes (true) |
| JAMES COTHRAN | ||||||
| DIRECTOR | Yes (X) | $230,700 | $153,996 | false | Yes (true) | Yes (true) |
| MICHELLE A DENTON | ||||||
| OFFICER | Yes (X) | $132,363 | $100,463 | false | Yes (true) | Yes (true) |
| PENELOPE J SANDIFER | ||||||
| OFFICER | Yes (X) | $10,000 | false | Yes (true) | false | |
| RANDI L BROOKE | ||||||
| OFFICER | Yes (X) | $341,000 | $187,067 | false | Yes (true) | Yes (true) |
| GARY GREVING | ||||||
| DIRECTOR | Yes (X) | $16,600 | false | Yes (true) | Yes (true) | |
| JAMES LAWLESS | ||||||
| DIRECTOR | Yes (X) | $20,000 | false | Yes (true) | Yes (true) | |
| SALLY ARNETT | ||||||
| DIRECTOR | Yes (X) | $68,008 | $58,665 | false | Yes (true) | Yes (true) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART VI 6 7A 11A 11B 15A 15B | FormAndLineReferenceDesc |
| Explanation | PART VI 6 - THE ORGANIZATION HAS MEMBERS PART VI 7A - THE MEMBERS ELECT THE VOLUNTARY BOARD OF DIRECTORS PART VI 11A - THE GOVERNING BODY (BOARD OF DIRECTORS) HAS GIVEN AUTHORIZATION TO THE EXECUTIVE STAFF TO PERFORM THESE TYPES OF REQUIRED SUBMISSIONS AND FILINGS PART VI 11B - THE VP OF FINANCE COMPLETES THE TAX FORM 990 PART VI 15A - THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE THAT REVIEWS AND SETS THE SALARY FOR THE CEO PART VI 15B - THE HR DEPARTMENT AND THE CEO REVIEW COMPENSATION REPORTS IN THE LOCAL MARKET TO DETERMINE THE SALARIES FOR THE OTHER OFFICERS OF THE ORGANIZATION. FOR 2013 THE CREDIT UNION HIRED AN OUTSIDE CONSULTANT TO MAKE SURE THE SALARY RANGES FOR ALL POSITIONS IN THE ORGANIZATION WERE COMPARABLY SET FOR THE INDUSTRY. | ExplanationTxt |