SOLARITY CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SOLARITY CREDIT UNION (EIN 91-6049071)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-19
- IRS object ID
- 201302319349300245
- Schema version
- 2012v2.2
- 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) |
|---|---|---|
| Timestamp | 2013-08-19T08:49:40-00:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORTH CHAKLER MURNANE AND CO CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12060 SW 129 COURT SUITE 201 | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33186 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 916049071 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOLARITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOLA | NameControl |
| Phone | 5092481720 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2922 | AddressLine1 |
| City | YAKIMA | City |
| State | WA | State |
| ZIP Code | 98907 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MINA WORTHINGTON | Name |
| Title | CEO | Title |
| Date Signed | 2013-08-19 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOUGLAS ORTH | Name |
| Phone | 3052328272 | Phone |
| Date Prepared | 2013-08-19 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINA WORTHINGTON | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2922 | AddressLine1 |
| City | YAKIMA | City |
| State | WA | State |
| ZIP Code | 98907 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26239842 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Group Exemption Number | 1269 | GroupExemptionNumber |
| Organization501c | X | Organization501c |
| Web Site | WWW.SOLARITYCU.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CREDIT UNION | TypeOfOrgOtherDescription |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | WA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE FINANCIAL SERVICE TO MEMBERS, INCLUDING BUT NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 189 | TotalNbrEmployees |
| Total Nbr Volunteers | 18 | TotalNbrVolunteers |
| Total Gross UBI | 80912 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 25077 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11440680 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 24347866 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1178910 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1479034 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5371701 | OtherRevenuePriorYear |
| Other Revenue Current Year | 412942 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17991291 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26239842 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4545877 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7818140 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7870306 | OtherExpensePriorYear |
| Other Expenses Current Year | 10910671 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12416183 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18728811 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5575108 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7511031 | RevenuesLessExpensesCY |
| Total Assets BOY | 477862891 | TotalAssetsBOY |
| Total Assets EOY | 495661880 | TotalAssetsEOY |
| Total Liabilities BOY | 419161509 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 429154363 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 58701382 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 66507517 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDE FINANCIAL SERVICE TO MEMBERS, INCLUDING BUT NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | PROVIDE FINANCIAL SERVICES TO 49,100 MEMBERS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS AND CREDIT CARD SERVICES. | Description |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9119 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 189 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MINA WORTHINGTON | NamePerson |
| Telephone Number | 5092481720 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 TIETON DRIVE | AddressLine1 |
| City | YAKIMA | City |
| State | WA | State |
| ZIP Code | 98902 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| JIM HURLEY | |||||||||
| CHAIRMAN | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| JERRY KOBES | |||||||||
| VICE CHAIR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| TERRY MORGAN | |||||||||
| SECRETARY | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| CRAIG BAIRD | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| MICHAEL MEYER | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| VERA FRANK | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| PEGGY DAVENPORT | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| MARK CHMELEWSKI | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| GARY KISSLING | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| MARK KRANZ | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| JOANN MILLER-ROSE | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| DOUG NICHOLSON | |||||||||
| DIRECTOR | 001.00 | 001.00 | X | 0 | 0 | 0 | |||
| MINA WORTHINGTON | |||||||||
| PRESIDENT/CEO | 040.00 | 040.00 | 369998 | 0 | 39784 | X | |||
| MATTHEW KENISON | |||||||||
| VP/FINANCE | 040.00 | 040.00 | 164880 | 0 | 22135 | X | |||
| PAUL REGIMBAL | |||||||||
| SVP/CORPORATE INTEGRATION | 040.00 | 040.00 | 302890 | 0 | 23823 | X | |||
| MICHAEL YAHIRO | |||||||||
| VP/SALES AND SERVICE | 040.00 | 040.00 | 173955 | 0 | 27512 | X | |||
| RALPH CUMBEE | |||||||||
| VP/LENDING | 040.00 | 040.00 | 145892 | 0 | 14520 | X | |||
| HILLARY ROY | |||||||||
| MORTGAGE LOAN OFFICER | 040.00 | 040.00 | 142603 | 0 | 15131 | X | |||
| LORI BEADOR | |||||||||
| VP/FINANCE | 040.00 | 040.00 | 138279 | 0 | 23361 | X | |||
| KIM MONFORT | |||||||||
| MORTGAGE LOAN PROCESSOR | 040.00 | 040.00 | 132606 | 0 | 13819 | X | |||
| PAULA SLAYE | |||||||||
| DIRECTOR OF INTEGRATION ANALYTICS | 040.00 | 040.00 | 124251 | 0 | 7076 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1695354 | TotalReportableCompFromOrg |
| Total Other Compensation | 187161 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JACK HENRY & ASSOCIATES INC | |||||
| PO BOX 609 | MONETT | MO | 65708 | HDW/SFTW PRODUCTS MAINTENANCE | 718978 |
| DIEBOLD INC | |||||
| PO BOX 643543 | PITTSBURG | PA | 152643543 | ATM/HDW/SFTW PRODUCTS MAINTENANCE | 260588 |
| INFOIMAGE | |||||
| 141 JEFFERSON DRIVE | MENLO PARK | CA | 94025 | STATEMENT PROCESSING | 331504 |
| PRIME VALUATION | |||||
| PO BOX 202857 | DALLAS | TX | 753202857 | MORTGAGE APPRAISAL SERVICES | 197685 |
| AMERICAN REPORTING CO | |||||
| 1909 214TH STREET STE 102 | BOTHELL | WA | 98021 | MORTGAGE APPRAISAL SERVICES | 145335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INCOME ON LOANS | 522100 | 16959967 | 16959967 | |
| FEE/OTHER INCOME | 522100 | 7306987 | 7306987 | |
| UNRELATED BUSINESS INCOME | 522200 | 80912 | 80912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 24347866 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1479034 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1479034 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 191548 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 191548 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 191548 | TotalRevenueColumn |
| Related Or Exempt Function Income | 191548 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NET GAINS ASSOCIATED WITH MERGER | Description |
| Business Code | 522100 | BusinessCode |
| Total Revenue Column | 221394 | TotalRevenueColumn |
| Related Or Exempt Function Income | 221394 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 221394 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26239842 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26158930 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 80912 | UnrelatedBusinessRevenue |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1443123 | Total |
| Program Services | 1443123 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4570762 | Total |
| Program Services | 4570762 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311077 | Total |
| Program Services | 311077 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 915724 | Total |
| Program Services | 915724 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577454 | Total |
| Program Services | 577454 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51516 | Total |
| Program Services | 51516 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17350 | Total |
| Program Services | 17350 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53604 | Total |
| Program Services | 53604 | ProgramServices |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 789942 | Total |
| Program Services | 789942 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 469735 | Total |
| Program Services | 469735 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1553625 | Total |
| Program Services | 1553625 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46228 | Total |
| Program Services | 46228 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335903 | Total |
| Program Services | 335903 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102859 | Total |
| Program Services | 102859 | ProgramServices |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15388 | Total |
| Program Services | 15388 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1745474 | Total |
| Program Services | 1745474 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90992 | Total |
| Program Services | 90992 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1104595 | Total |
| Program Services | 1104595 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122684 | Total |
| Program Services | 122684 | ProgramServices |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SEE ATTACHED SCHEDULE | Description |
| Total | 4410776 | Total |
| Program Services | 4410776 | ProgramServices |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18728811 | Total |
| Program Services | 18728811 | ProgramServices |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5357624 | BOY |
| EOY | 4493690 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33301795 | BOY |
| EOY | 17962514 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5090942 | BOY |
| EOY | 2702704 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 286733524 | BOY |
| EOY | 302582217 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 994541 | BOY |
| EOY | 1685443 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 28191337 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9373827 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18829217 | BOY |
| EOY | 18817510 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51733648 | BOY |
| EOY | 93623654 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68607218 | BOY |
| EOY | 47484181 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 974715 | BOY |
| EOY | 860199 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6239667 | BOY |
| EOY | 5449768 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 477862891 | BOY |
| EOY | 495661880 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6047542 | BOY |
| EOY | 10063807 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 793659 | BOY |
| EOY | 1027365 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 389235 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 5000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 411931073 | BOY |
| EOY | 413063191 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 419161509 | BOY |
| EOY | 429154363 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58701382 | BOY |
| EOY | 66507517 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58701382 | BOY |
| EOY | 66507517 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 477862891 | BOY |
| EOY | 495661880 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 7511031 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 295104 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3009812 | OtherCostOrOtherBasis |
| Book Value | 3009812 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16664436 | OtherCostOrOtherBasis |
| Depreciation | 2850184 | Depreciation |
| Book Value | 13814252 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 354845 | OtherCostOrOtherBasis |
| Depreciation | 229840 | Depreciation |
| Book Value | 125005 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8162244 | OtherCostOrOtherBasis |
| Depreciation | 6293803 | Depreciation |
| Book Value | 1868441 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 18817510 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (9 entries)
| DescriptionDescription | Method Of ValuationMethodOfValuation | Book ValueBookValue |
|---|---|---|
| Financial derivatives and other financial products | ||
| Closely-held equity interests | ||
| CORPORATE CREDIT UNION ACCOUNTS | C | |
| CERTIFICATES OF DEPOSITS | C | 45266439 |
| CCFCU CASH MANAGEMENT ACCOUNT | C | 832416 |
| WESCORP DAILY ACCOUNT | C | 606761 |
| FHLB DDA TRANSACTION ACCOUNT | C | 10665 |
| FHLB STOCK | C | 767900 |
| BANKS , SL CERTIFICATES | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 47484181 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Federal income taxes | |
| SHARE DRAFTS | $59,274,899 |
| SHARES AND EQUIVALENTS | $151,549,356 |
| MONEY MARKET | $62,235,374 |
| IRA SHARES | $27,548,637 |
| CERTIFICATES | $107,331,009 |
| BUSINESS CHECKING | $5,123,916 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 413063191 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 26239842 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 26239842 | RevenueSubtotal |
| Total Revenue Per Form990 | 26239842 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18728811 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 18728811 | ExpensesSubtotal |
| Total Expenses Per Form990 | 18728811 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | X | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE LAWS. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN THE INTERNAL REVENUE CODE IRC SECTION 501c14. AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON UNRELATED BUSINESS INCOME UBI DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE IRS RELEASED TECHNICAL ADVICE MEMORANDUMS TAMs TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX UBIT. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNIONS ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2011, 2010, AND 2009 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|
| MINA WORTHINGTON | ||||||
| PRESIDENT/CEO | 310095 | 27636 | 32267 | 33253 | 6531 | 409782 |
| PAUL REGIMBAL | ||||||
| SVP/CORPORATE INTEGRATION | 84268 | 203000 | 15622 | 20772 | 3051 | 326713 |
| MICHAEL YAHIRO | ||||||
| VP/SALES AND SERVICE | 152145 | 10000 | 11810 | 20302 | 7210 | 201467 |
| MATTHEW KENISON | ||||||
| VP/FINANCE | 83761 | 58000 | 23119 | 17065 | 5070 | 187015 |
| RALPH CUMBEE | ||||||
| VP/LENDING | 129853 | 10000 | 6039 | 8032 | 6488 | 160412 |
| HILLARY ROY | ||||||
| MORTGAGE LOAN OFFICER | 25575 | 116821 | 207 | 9264 | 5867 | 157734 |
| LORI BEADOR | ||||||
| VP/FINANCE | 99730 | 12015 | 26534 | 17109 | 6252 | 161640 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| I | 1A | 90 TOTAL REIMBURSED TO ONE EMPLOYEE ON SCHEDULE J FOR HEALTH CLUB MEMBERSHIP PER WELLNESS PROCEDURE. THE BENEFIT IS AVAILABLE TO ALL STAFF AT 15 PER MONTH. |
| I | 4B | EMPLOYER CONTRIBUTIONS TO 457B PLANS PER BENEFITS POLICY MINA WORTHINGTON 16,999.92, MICHAEL YAHIRO 9,600.00, MATTHEW KENISON 7,200.00, PAUL REGIMBAL 2,400.00, RALPH CUMBEE 4,800.00, LORI BEADOR 8,800.00 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| ExplanationExplanation |
|---|
| Form 990 Part VI Section A Line 6 THE CREDIT UNION HAS MEMBERS. |
| Form 990 Part VI Section A Line 7A MEMBERS VOTE ON BOARD AND COMMITTEE MEMBERS. |
| Form 990 Part VI Section B Line 12C THE SUPERVISORY COMMITTEE REGULARLY REVIEWS AND ENFORCES THE ORGANIZATIONS CONFLICT OF INTEREST POLICY. |
| Form 990 Part VI Section B Line 15 THE BOARD OF DIRECTORS INDEPENDENTLY DETERMINES COMPENSATION FOR THE CEO AND TOP MANAGEMENT OFFICIALS. |
| Form 990 Part VI Section C Line 19 GOVERNING DOCUMENTS AND POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE INCLUDED AS PART OF THE ANNUAL REPORT AND ARE MADE AVAILABLE TO CURRENT AND POTENTIAL MEMBERS. |
| Form 990 Part VI Section B Line 11b THE CFO IS RESPONSIBLE FOR THE FORM 990. THE CFO AND CONTROLLER REVIEW AND APPROVE FOR SUBMISSION. THE FINAL SUBMITTED VERSION IS FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW. |