VANTAGE WEST CREDIT UNION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: VANTAGE WEST CREDIT UNION (EIN 86-0120482)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-08
IRS object ID: 201342209349300514
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
Form 990
Schedule C
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-08T10:09:34-00:00	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	860120482	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VANTAGE WEST CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VANT	NameControl
Phone	5202987882	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 15115	AddressLine1
City	TUCSON	City
State	AZ	State
ZIP Code	857080115	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SCOTT ODOM	Name
Title	VP FINANCE	Title
Date Signed	2013-08-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Robert D Ramirez	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2480 North Arcadia Avenue	AddressLine1
City	Tucson	City
State	AZ	State
ZIP Code	85712	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	75653243	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2111	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.VWESTCU.ORG	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1955	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	PEOPLE HELPING PEOPLE ACHIEVE THEIR FINANCIAL GOALS...OUR 1 PRIORITY. VANTAGE WEST IS A FULL-SERVICE FINANCIAL INSTITUTION. WE OFFER A WIDE ARRAY OF PERSONAL AND BUSINESS ACCOUNTS RANGING FROM SAVINGS AND CHECKING ACCOUNTS TO LOANS, MORTGAGES, MERCHANT SERVICES, CONSUMER CREDIT CARDS AND MUCH MORE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	497	TotalNbrEmployees
Total Nbr Volunteers	15	TotalNbrVolunteers
Total Gross UBI	1003918	TotalGrossUBI
Net Unrelated Business Txbl Income	-204838	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	70354175	ProgramServiceRevenuePriorYear
Program Service Revenue CY	72556968	ProgramServiceRevenueCY
Investment Income Prior Year	2273499	InvestmentIncomePriorYear
Investment Income Current Year	1453888	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	72627674	TotalRevenuePriorYear
Total Revenue Current Year	74010856	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	23467854	SalariesEtcPriorYear
Salaries Etc Current Year	25405760	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	35849075	OtherExpensePriorYear
Other Expenses Current Year	34520736	OtherExpensesCurrentYear
Total Expenses Prior Year	59316929	TotalExpensesPriorYear
Total Expenses Current Year	59926496	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	13310745	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	14084360	RevenuesLessExpensesCY
Total Assets BOY	1115685909	TotalAssetsBOY
Total Assets EOY	1173366422	TotalAssetsEOY
Total Liabilities BOY	982859346	TotalLiabilitiesBOY
Total Liabilities EOY	1026483523	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	132826563	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	146882899	NetAssetsOrFundBalancesEOY
Mission Description	PEOPLE HELPING PEOPLE ACHIEVE THEIR FINANCIAL GOALS...OUR 1 PRIORITY. VANTAGE WEST IS A FULL-SERVICE FINANCIAL INSTITUTION. WE OFFER A WIDE ARRAY OF PERSONAL AND BUSINESS ACCOUNTS RANGING FROM SAVINGS AND CHECKING ACCOUNTS TO LOANS, MORTGAGES, MERCHANT SERVICES, CONSUMER CREDIT CARDS, AND MUCH MORE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	true	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	false	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	true	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
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	28518	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	497	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	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	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	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	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
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SCOTT ODOM VP-FINANCE	NamePerson
Telephone Number	5209176270	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2480 N ARCADIA AVE	AddressLine1
City	TUCSON	City
State	AZ	State
ZIP Code	85712	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 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	Highest Compensated EmployeeHighestCompensatedEmployee
DR WHITTAKER
CHAIRMAN/BOD	003.00	003.00	X	0	0	0
WL GUM
V.CHAIRMAN/BOD	003.00	003.00	X	0	0	0
CH MATTHEWSON
TREASURER/BOD	003.00	003.00	X	1147	0	0
G GONZALEZ
SECRETARY/BOD	003.00	003.00	X	1344	0	0
T BRANHAM
DIRECTOR/BOD	003.00	003.00	X	1593	0	0
L MARQUEZ-PETERSON
DIRECTOR/BOD	003.00	003.00	X	0	0	0
G SMITH
DIRECTOR/BOD	003.00	003.00	X	1467	0	0
T MARIN
DIRECTOR/BOD	003.00	003.00	X	771	0	0
E SANTARELLI
DIRECTOR/BOD	003.00	003.00	X	0	0	0
RD RAMIREZ
PRESIDENT/CEO	040.00	040.00		472900	0	623517	X
SB ODOM
VP OF FINANCE	040.00	040.00		133013	0	57436	X
B GORDON
VP, LEGAL COUNSEL	040.00	040.00		137365	0	46740		X
R ALMAZAN
SVP CHIEF LENDING OFFICER	040.00	040.00		180974	0	72923		X
S MOTT
SVP TECHNOLOGY	040.00	040.00		168122	0	90102		X
G BRAM
SVP MARKETING	040.00	040.00		152581	0	88598		X
S LUEDERS
VP HUMAN RESOURCES	040.00	040.00		128551	0	56612		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1379828	TotalReportableCompFromOrg
Total Other Compensation	1035928	TotalOtherCompensation
Number Individuals GT100 K	14	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
INTUIT FINANCIAL SERVICES
PO BOX 515306	LOS ANGELES	CA	900516606	ONLINE BANKING	1594104
DIEBOLD INCORPORATED
PO BOX 643543	PITTSBURGH	PA	152643543	ATM MAINTENANCE	1466768
THE BABLOVE AGENCY INC
220 E SPEEDWAY BLVD	TUCSON	AZ	857057427	AD AGENCY	1325658
DIMENSION DEVELOPMENT LLC
1501 N 15TH AVE	TUCSON	AZ	85705	BUILDING CONSTRUCTION/REMODELING	1003980
JACK HENRY & ASSOCIATES INC
PO BOX 609	MONETT	MO	65708	CORE SYSTEM LICENSE/MAINTENANCE	896127

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	43	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
UNRELATED BUSINESS INCOME	523000	755291	755291
UNRELATED BUSINESS INCOME	524298	248627	248627
FEES AND CHARGES	522100	13195117		13195117
OTHER NON-INTEREST INCOME	522100	1091994		1091994
INTEREST ON MEMBER LOANS	522100	57265939		57265939

Field	Value	IRS element (for citing)
Total Program Service Revenue	72556968	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1582312	TotalRevenueColumn
Related Or Exempt Function Income	1582312	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	1513963	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	1642387	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-128424	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-128424	TotalRevenueColumn
Related Or Exempt Function Income	-128424	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	74010856	TotalRevenueColumn
Related Or Exempt Function Income	73006938	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1003918	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	1293188	Total
Program Services	1293188	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	19620026	Total
Program Services	19620026	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	957887	Total
Program Services	957887	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1975326	Total
Program Services	1975326	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1559333	Total
Program Services	1559333	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	64986	Total
Program Services	64986	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	109574	Total
Program Services	109574	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	304915	Total
Program Services	304915	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2310230	Total
Program Services	2310230	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3660826	Total
Program Services	3660826	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1686911	Total
Program Services	1686911	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1746450	Total
Program Services	1746450	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	118707	Total
Program Services	118707	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	526159	Total
Program Services	526159	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	4507671	Total
Program Services	4507671	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2966728	Total
Program Services	2966728	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	295436	Total
Program Services	295436	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	See attached schedule	Description
Total	16222143	Total
Program Services	16222143	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	59926496	Total
Program Services	59926496	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	15756923	BOY
EOY	17088843	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	71470063	BOY
EOY	63568160	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4022215	BOY
EOY	4031263	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	851341992	BOY
EOY	950514151	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1397566	BOY
EOY	2017373	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	52062329	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	23448823	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	28001979	BOY
EOY	28613506	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	99637679	BOY
EOY	55851467	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	7539420	BOY
EOY	8081020	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	3195570	BOY
EOY	2986843	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	33322502	BOY
EOY	40613796	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1115685909	BOY
EOY	1173366422	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14704100	BOY
EOY	16764642	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	968155246	BOY
EOY	1009718881	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	982859346	BOY
EOY	1026483523	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	132826563	BOY
EOY	146882899	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	132826563	BOY
EOY	146882899	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1115685909	BOY
EOY	1173366422	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	14084360	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	-28024	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 C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	10000	PoliticalExpenditures
Amt Expended For527 Activities	10000	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	10000	TotalExmptFunctionExpenditures
Form1120 Pol Filed	true	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs

Name Of527 Organization NameOf527Organization

Field	Value	IRS element (for citing)
Business Name Line1	COALITION FOR CREDIT UNION ACCESS	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	c/o BECU MS 1016-1 12770 GATEWAY DR	AddressLine1
City	TUKWILA	City
State	WA	State
ZIP Code	98168	ZIPCode

Field	Value	IRS element (for citing)
Amt Pd From Internal Funds	10000	AmtPdFromInternalFunds

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	9413222	OtherCostOrOtherBasis
Book Value	9104397	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	20837858	OtherCostOrOtherBasis
Depreciation	6131348	Depreciation
Book Value	14706510	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	706550	OtherCostOrOtherBasis
Depreciation	427094	Depreciation
Book Value	279456	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	20896107	OtherCostOrOtherBasis
Depreciation	16581556	Depreciation
Book Value	4314551	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	208592	OtherCostOrOtherBasis
Book Value	208592	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	28613506	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities OtherLiabilities (8 entries)

DescriptionDescription	AmountAmount
Federal income taxes
SHARE DRAFT ACCOUNTS	$160,606,097
REGULAR SHARE ACCOUNTS	$112,657,309
PREMIUM SHARE ACCOUNTS	$461,375,665
ESCROW ACCOUNTS	$805,799
IRA SHARE ACCOUNTS	$142,802,526
SHARE AND IRA CERTIFICATES	$131,447,269
PREMIUM ON CERTIFICATES ACQUIRED THROUGH ACQUISITION	$24,216

Field	Value	IRS element (for citing)
Total Of Amounts	1009718881	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	74139280	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	74139280	RevenueSubtotal
Other Revenues Not Included	-128424	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-128424	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	74010856	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	60054920	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	128424	OtherExpensesIncluded
Expenses Not Rptd F990	128424	ExpensesNotRptdF990
Expenses Subtotal	59926496	ExpensesSubtotal
Total Expenses Per Form990	59926496	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	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 CONSOLIDATED 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 50414. 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 CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED 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.
XI	4b	LOSSES ASSOCIATED WITH THE SALE OF OREO AND FIXED ASSETS INCLUDED IN EXPENSES FOR FINANCIAL REPORTING PURPOSES IN THE AUDITED FINANCIAL STATEMENTS, BUT NETTED AGAINST REVENUES FOR THE PURPOSES OF THE FORM 990.
XII	2d	LOSSES ASSOCIATED WITH THE SALE OF OREO AND FIXED ASSETS INCLUDED IN EXPENSES FOR FINANCIAL REPORTING PURPOSES IN THE AUDITED FINANCIAL STATEMENTS, BUT NETTED AGAINST REVENUES FOR THE PURPOSES OF THE FORM 990.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg
RD RAMIREZ
PRESIDENT/CEO	432800	40100	610671	12846	1096417
SB ODOM
VP OF FINANCE	124497	8516	44922	12514	190449
B GORDON
VP, LEGAL COUNSEL	129447	7918	43664	3076	184105
R ALMAZAN
SVP CHIEF LENDING OFFICER	169649	11325	63245	9678	253897
S MOTT
SVP TECHNOLOGY	156922	11200	77399	12703	258224
G BRAM
SVP MARKETING	140888	10943	75904	12694	241179	750
S LUEDERS
VP HUMAN RESOURCES	120203	8198	44293	12319	185163	150

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	FIRST CORPORATE CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Relationship	R. RAMIREZ IS ON BOD	Relationship
Amount Of Transaction	282373	AmountOfTransaction
Description Of Transaction	PAYMENT AND LIQUIDATION SERVICES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

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 THE MEMBERS OF THE CREDIT UNION ELECT EACH MEMBER OF THE BOARD OF DIRECTORS.
Form 990 Part VI Section B Line 11A THE VP OF FINANCE IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN. THE RETURN IS REVIEWED BY THE CREDIT UNIONS PRESIDENT/CEO. ONCE THIS REVIEW IS COMPLETED AND ANY NECESSARY CORRECTIONS ARE MADE, THE RETURN IS FILED.
Form 990 Part VI Section B Line 15 THE REVIEW OF THE CEOS COMPENSATION IS A FUNCTION OF THE BOARD OF DIRECTORS. ANNUALLY, THE BOARD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER POSITIONS IN THE ORGANIZATION, PAY RANGES ARE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS UTILIZING DATA FROM AN INDEPENDENT COMPENSATION STUDY.
Form 990 Part VI Section C Line 19 THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING.
Form 990 Part VI Section B Line 12C THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS ENFORCED IN TWO WAYS - 1 UPON HIRING, EMPLOYEES ARE REQUIRED TO READ AND CERTIFY THEIR ACCEPTANCE OF THE POLICY, AND 2 A REPORTING TOOL PROVIDED BY A THIRD PARTY IS AVAILABLE FOR EMPLOYEES TO ANONYMOUSLY REPORT ANY ETHICAL VIOLATIONS OF WHICH THEY ARE AWARE.