2013-11-15T16:27:26-06:00 2012-12-31 420714325 MCGLADREY LLP 515 S FLOWER STREET 41ST FLOOR LOS ANGELES CA 90071 990 2012-01-01 951184903 SAN DIEGO COUNTY CREDIT UNION SAND 8777322848 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 ASHLEE MICALE 8777322848 2013-11-15 1 CHRISTOPHER M PEKULA P00734965 2133304800 2012 2016-03-07 17:11:31Z TERESA HALLECK 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 222815843 0 X WWW.SDCCU.COM X 1938 CA STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO MEMBERS 9 7 830 10 3022705 -1395306 0 0 204011900 196314566 16402498 24126158 2763486 2374224 223177884 222814948 0 0 0 0 36457655 40042588 0 0 0 120529715 99897231 156987370 139939819 66190514 82875129 5459615811 5836542937 4822305036 5116355226 637310775 720187711 A NOT-FOR-PROFIT CREDIT UNION WHOLLY OWNED BY ITS MEMBERS 0 0 PROVIDE LOAN PRODUCTS AND SERVICES TO MEMBERSHIP PROVIDE DEPOSIT PRODUCTS AND SERVICES TO MEMBERSHIP PROVIDE OTHER FINANCIAL SERVICES TO MEMBERSHIP 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 98140 0 1 830 1 1 1 0 0 0 0 0 X 9 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 0 1 1 1 0 CA X MS ASHLEE MICALE CFO 8777322848 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 TERESA HALLECK 40.00 X X 1196184 0 378074 ROD CALVAO 1.00 X 427439 0 228333 ALLAN SHAW 1.00 X 65 0 0 CHARLES WHITE 1.00 X 1173 0 0 ILAN AWERBUCH 1.00 X 2051 0 0 PATRICIA HONEYCUTT 1.00 X 65 0 0 RICH COLLINS 1.00 X 334 0 0 STEVE REUEL 1.00 X 900 0 0 SHIRLEY JACKSON 1.00 X 0 0 0 CHITRAPHOL T VONGSAWAD 40.00 X 368942 0 206161 ASHLEE N MICALE 40.00 X 292818 0 47973 HEATHER E MOSHIER 40.00 X 309622 0 356638 NATHAN S SCHMIDT 40.00 X 262452 0 17639 SCOTT A NORRIS 40.00 X 274719 0 90259 PATRICK COSGROVE 40.00 X 242098 0 50308 MICHELLE PAGNI 40.00 X 218359 0 33061 SASSAN AZHADI 40.00 X 195396 0 79545 MARC A MATHEWS 40.00 X 197456 0 75126 TODD L STORKERSEN 40.00 X 189147 0 78515 KENTON HALL 40.00 X 196407 0 -172515 CAROLYN S FLOYD 40.00 X 193299 0 4791 IRENE OBERBAUER 0.00 X 0 0 393956 PHILIP J WILSON 0.00 X 0 0 186894 ROBERT MARCHAND 0.00 X 0 0 218910 4568926 0 2273668 45 1 1 1 NYCA INC 444 S CEDROS AVE SUITE 101 SOLANA BEACH CA 92075 ADVERTISING SERVICES 2670359 SHEPPARD MULLIN RICHTER & HAMPTON LLP 333 SOUTH HOPE ST 43RD FL LA CA 90071 LEGAL SERVICES 859823 ROI NETWORKS INC 31351 RANCHO VIEJO ROAD SAN JUAN CAPISTRANO CA 92675 NETWORK CONSULTLING 596215 RED DOOR INTERACTIVE INC 560 CARLSBAD VILLAGE DRIVE CARLSBAD CA 92008 ADVERTISING SERVICES 537504 NETWORK VIGILANCE 10731 TREENA STREET STE 200 SAN DIEGO CA 92131 NETWORK SECURITY 532731 46 INTEREST INCOME 522100 151933853 151933853 FEE INCOME 522200 44380713 41358008 3022705 196314566 13553720 13553720 72782 895 71887 71887 71887 10572438 0 10572438 10572438 10572438 OTHER INCOME 522100 2302337 2302337 2302337 222814948 195594198 3022705 24198045 3150512 29969880 247636 4041674 2632886 1623335 847538 32000 11360413 6418252 4205563 7171961 315195 32188115 5223750 528400 PROVISION FOR LOAN LOSS 12012524 LOAN PROCESSING EXPENSE 6657567 NCUSIF PREMIUM ASSESSME 4450096 OTHER OPERATING EXPENSE 2892854 3969668 139939819 1137322127 606800170 1966473 1907078 3105646565 3116733006 2181425 2586396 108881599 59627924 49679343 49253675 1058873559 1953678554 103946319 105584058 5459615811 5836542937 38704052 41523567 125000000 125000000 4658600984 4949831659 4822305036 5116355226 X 0 0 0 0 637310775 720187711 637310775 720187711 5459615811 5836542937 82875129 1807 0 X 0 1 X 1 0 32000 32000 32000 1 CALIFORNIA CREDIT UNION LEAGUE PAC 2855 E GUASTI ROAD SUITE 600 ONTARIO CA 91761 942329967 32000 32000 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: SAN DIEGO COUNTY CREDIT UNION MADE A CONTRIBUTION TO THE CALIFORNIA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE WHICH IS INVOLVED IN PROMOTING LEGISLATIVE AND REGULATORY MATTERS OF IMPORTANCE TO THE CREDIT UNION INDUSTRY. 13208100 13208100 36976966 15629414 21347552 10281340 5999068 4282272 48404676 37999442 10405234 10517 10517 49253675 GOVERNMENT INVESTMENTS 301164 F GOVERNMENT INVESTMENTS 1928377390 C FHLB OF SAN FRANCISCO 25000000 F 1953678554 MEMBERS' SHARES 4949831659 4949831659 X 222814948 0 222814948 0 222814948 139939819 0 139939819 0 139939819 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: FASB CODIFICATION TOPIC 740, 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 NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X X 1 1 X X X X 1 1 0 TERESA HALLECK 896184 0 300000 0 0 0 369371 0 8703 0 1574258 0 0 0 ROD CALVAO 0 0 0 0 427439 0 -96667 0 325000 0 655772 0 0 0 CHITRAPHOL T VONGSAWAD 333942 0 35000 0 0 0 187066 0 19095 0 575103 0 0 0 ASHLEE N MICALE 252818 0 40000 0 0 0 10098 0 37875 0 340791 0 0 0 HEATHER E MOSHIER 274622 0 35000 0 0 0 338536 0 18102 0 666260 0 0 0 NATHAN S SCHMIDT 232452 0 30000 0 0 0 14313 0 3326 0 280091 0 0 0 SCOTT A NORRIS 249719 0 25000 0 0 0 76870 0 13389 0 364978 0 0 0 PATRICK COSGROVE 217098 0 25000 0 0 0 18230 0 32078 0 292406 0 0 0 MICHELLE PAGNI 193359 0 25000 0 0 0 30562 0 2499 0 251420 0 0 0 SASSAN AZHADI 194396 0 1000 0 0 0 75600 0 3945 0 274941 0 0 0 MARC A MATHEWS 192456 0 5000 0 0 0 74365 0 761 0 272582 0 0 0 TODD L STORKERSEN 181147 0 8000 0 0 0 68026 0 10489 0 267662 0 0 0 CAROLYN S FLOYD 182799 0 10500 0 0 0 3408 0 1383 0 198090 0 0 0 IRENE OBERBAUER 0 0 0 0 0 0 393956 0 0 0 393956 0 0 0 PHILIP J WILSON 0 0 0 0 0 0 186894 0 0 0 186894 0 0 0 ROBERT MARCHAND 0 0 0 0 0 0 218910 0 0 0 218910 0 0 0 PART I, LINE 1A PART I, LINE 1A: THE FOLLOWING EMPLOYEES WERE PROVIDED BENEFITS AND REIMBURSEMENTS RELATING TO A CAR ALLOWANCE: CHITRAPHOL T. VONGSAWAD - $7,200 HEATHER E. MOSHIER - $5,400 SCOTT A. NORRIS - $5,400 NATHAN S. SCHMIDT - $2,700 THE FOLLOWING EMPLOYEES WERE PROVIDED BENEFITS AND REIMBURSEMENTS RELATING TO MOVING AND RELOCATION COSTS: ASHLEE N. MICALE - $28,751 PATRICK M. COSGROVE - $21,111 THE FOLLOWING EMPLOYEES RECEIVED REIMBURSEMENTS RELATING TO INTERVIEW EXPENSES: ASHLEE N. MICALE - $1,331 PATRICK M. COSGROVE - $1,088 PART I, LINES 4A-B SCHEDULE J, PART I, LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS FROM SDCCU DURING THE YEAR IN ACCORDANCE WITH ESTABLISHED AGREEMENTS. KENTON HALL - $58,064 SCHEDULE J, PART I, LINE 4B: SDCCU PROVIDES CERTAIN OFFICERS, DIRECTORS, KEY EMPLOYEES AND HIGHLY COMPENSATED EXECUTIVES WITH A SPLIT-DOLLAR SUPPLEMEMTAL EXECUTIVE RETIREMENT PLAN (SERP) TO AUGMENT RETIREMENT INCOME FOR THESE EMPLOYEES. AMOUNTS CREDITED TO PARTICIPANTS ARE EARNED ON AN ANNUAL BASIS AND BASED ON CERTAIN ACTUARIAL FACTORS. THE AMOUNTS ARE ALSO SUBJECT TO FORFEITURE IF CERTAIN EMPLOYMENT CONDITIONS AND VESTING PERIODS ARE NOT MET. FOR THE YEAR ENDING DECEMBER 31, 2012, THE INDIVIDUALS LISTED IN SCHEDULE J, PART II HAD AN AMOUNT RELATING TO THE SERP BENEFITS LISTED AS DEFERRED COMPENSATION LISTED IN COLUMN C: TERESA HALLECK - $358,294 CHITRAPHOL T. VONGSAWAD - $176,116 HEATHER E. MOSHIER - $327,075 ASHLEE N. MICALE - $7,667 SCOTT A. NORRIS - $67,998 NATHAN S. SCHMIDT - $9,408 PATRICK M. COSGROVE - $14,260 KENTON HALL - $(178,501) SASSAN AZHADI - $67,705 MICHELLE PAGNI - $23,439 MARC A. MATHEWS - $66,673 TODD L. STORKERSEN - $61,003 ROD CALVAO - $(96,667) IRENE OBERBAUER - $181,456 ROBERT MARCHAND - $100,830 PHILIP WILSON - $100,373 THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING SERP PAYMENTS REPORTABLE AS NON-TAXABLE BENEFITS: ROD CALVAO - $325,000 IRENE OBERBAUER - $212,500 ROBERT MARCHAND - $118,080 PHILIP WILSON - $86,521 THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING SERP PAYMENTS REPORTABLE AS COMPENSATION: ROD CALVAO - $425,000 SASSAN AZHADI HIGHLY COMPENSATED EMPLOYEE MORTGAGE X 484000 421282 0 0 1 SASSAN AZHADI HIGHLY COMPENSATED EMPLOYEE EQUITYLINE X 13516 0 0 0 1 SASSAN AZHADI HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 7718 174 0 0 1 PATRICK COSGROVE KEY EMPLOYEE CREDIT CARD X 10000 1667 0 0 1 CAROLYN S FLOYD HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 6000 4669 0 0 1 MARC MATTHEWS HIGHLY COMPENSATED EMPLOYEE AUTO X 22000 6322 0 0 1 MARC MATTHEWS HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 10081 9646 0 0 1 SCOTT A NORRIS KEY EMPLOYEE CREDIT CARD X 9796 534 0 1 1 SCOTT A NORRIS KEY EMPLOYEE AUTO X 47625 41860 0 1 1 SCOTT A NORRIS KEY EMPLOYEE MORTGAGE X 417000 382856 0 1 1 SCOTT A NORRIS KEY EMPLOYEE CREDIT CARD X 20798 0 0 1 1 SCOTT A NORRIS KEY EMPLOYEE EQUITYLINE X 87000 86828 0 1 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 1000 40 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 755 411 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE MORTGAGE X 352000 341121 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE MORTGAGE X 112000 110275 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE AUTO X 26843 23046 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE MORTGAGE X 365400 349516 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE CREDIT CARD X 15434 7472 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE EQUITYLINE X 133114 111380 0 0 1 TODD L STORKERSEN HIGHLY COMPENSATED EMPLOYEE EQUITYLINE X 8253 7979 0 0 1 1907078 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS A NOT-FOR-PROFIT ORGANIZATION MADE UP OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS AND THE SUPERVISORY COMMITTEE. MEMBERS MAY NOMINATE CANDIDATES FOR THE BOARD THROUGH A PETITION PROCESS SET FORTH IN THE BYLAWS. A NOMINATION COMMITTEE ALSO NOMINATES CANDIDATES. IF MEMBERS FAIL TO NOMINATE A CANDIDATE FOR AN OPEN BOARD POSITION, THEN THE NOMINATION COMMITTEE'S CANDIDATE MAY BE APPOINTED TO THE BOARD WITHOUT AN ELECTION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MADE BY THE CREDIT UNION'S BOARD OF DIRECTORS ARE SUBJECT TO REGULATORY OR MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER ("CEO") AND CHIEF FINANCIAL OFFICER ("CFO"), WHO CONSULT WITH LEGAL COUNSEL TO INSURE THE ACCURACY AND SUFFICIENCY OF ALL RESPONSES. FORM 990, PART VI, SECTION B, LINE 12C THERE ARE REGULAR COMPLIANCE REVIEWS BY THE CREDIT UNION'S COMPLIANCE OFFICER AND A THIRD (3RD) PARTY VENDOR WHICH ADDRESSES COMPLIANCE WITH ALL CREDIT UNION POLICIES. IN ADDITION, REGULATORS AND CPA'S MONITOR COMPLIANCE DURING THEIR PERIODIC AND ANNUAL AUDITS. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES PARTICIPATES IN SURVEYS AND PROVIDES COMPARABILITY DATA ON COMPENSATION FOR KEY OFFICERS TO THE CEO. OUTSIDE PROFESSIONALS ALSO VALIDATE THE COMPENSATION DATA ON A PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY COMPLYING WITH THE PUBLIC DISCLOSURE REQUIREMENTS SET FORTH IN THE REGULATIONS FOR IRC SECTION 6104 AT 26 C.F.R. SECTION 301.604 FRESH START REAL ESTATE LLC 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 452981200 REAL ESTATE CA 194680 7970357 SAN DIEGO COUNTY CREDIT UNION SD FINANCIAL GROUP LLC 6545 SEQUENCE DRIVE SAN DIEGO CA 92121 452980994 E-COMMERCE CA 4317670 3150451 SAN DIEGO COUNTY CREDIT UNION