2012-05-14T13:53:17-07:00 2011-12-31 990 2011-01-01 820217065 IDAHO CENTRAL CREDIT UNION IDAH 2084783300 PO Box 2469 Pocatello ID 83206 Brian Berrett 2084783300 2012-05-14 2011 2016-02-24 21:20:13Z Kent Oram PO Box 2469 Pocatello ID 83201 58776963 0 X www.iccu.com X 1940 ID Credit Union providing financial products and services to members. 7 7 392 10 0 0 0 0 54073766 58776963 0 0 0 0 54073766 58776963 0 0 16540620 13028332 16679693 18927421 0 0 0 11325398 11437825 44545711 43393578 9528055 15383385 865515313 1011052324 11410996 14175635 854104317 996876689 Credit Union providing financial services to members. 0 0 43393578 0 58776964 Idaho Central serves 106,129 members through 18 locations in Idaho. We provide a full range of financial products and services to our members. We pool member funds and loan them to members. All expenses are either related to having funds available to lend or operating costs. We provided loans to 46,106 of our members. Total loans outstanding at the end of the year were $885,893,969. All 106,129 of our members participate in our deposit products. During the year we spent $8,749,386 in interest expense to have funds available to lend to members. 0 0 0 43393578 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 392 1 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Idaho Central Credit Union 2084783300 4400 Central Way Chubbuck ID 83202 Debbie Brady 5 X 0 0 0 Ben Call 5 X 0 0 0 Troy Neu 5 X 0 0 0 Marv White 5 X 0 0 0 Judy Harveston 5 X 0 0 0 Cindy Watson 5 X 0 0 0 Dorothy Ricks 5 X 0 0 0 Kent Oram 60 X X X 1228930 0 95689 Brian Berrett 60 X X X 163355 0 39255 Shelli Bardsley 60 X X 438620 0 49318 Brenda Worrell 60 X X 328679 0 47932 Mark Willden 60 X X 187401 0 31979 Lance Hendricks 40 X 148000 0 0 Edward Tierney 60 X 143342 0 0 Daren Almond 40 X 131621 0 0 Corey Dahle 60 X 113868 0 0 Shannon Marshburn 60 X 113476 0 0 2997292 0 264173 12 0 1 0 0 Interest on Loans to Members 522130 38118463 38118463 0 0 Other Member Income 522130 13187187 13187187 0 0 Income from Member Fees and Charges 522130 7055093 7055093 0 0 Investment Income 522130 416220 416220 0 0 0 0 0 0 58776963 0 0 0 0 0 58776963 58776963 0 0 0 0 0 13028332 2619582 11735125 0 1363744 1956934 1252036 0 16082 253553 0 0 0 49415 1962492 1274605 1566750 0 1260306 599612 0 151191 0 0 2109721 165357 NCUA Assessment 2010579 Miscellaneous Expenses 18162 0 43393578 0 0 0 8576183 4410207 62173936 50316957 0 0 5915674 9484758 0 0 0 0 718704218 879628870 0 0 3012885 2666713 54924963 7715426 44833783 47209537 0 1049878 0 0 12466964 3645038 9831670 12640366 865515313 1011052324 9615696 12346524 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1795300 1829111 11410996 14175635 X 780306940 907763164 0 0 73797377 89113525 854104317 996876689 865515313 1011052324 X 15383385 127388987 X 0 0 0 14050666 0 14050666 27907707 0 2763710 25143997 508037 0 437206 70831 12458553 0 4514510 7944043 0 0 0 0 47209537 0 Interest Payable on Deposits 1805871 Dividends on Shares 23240 1829111 X X X 1 1 X X X X 0 1 0 Kent Oram 405761 0 142307 0 680862 0 72288 0 24216 0 1325434 0 0 0 Brian Berrett 139991 0 22804 0 540 0 39255 0 9121 0 211711 0 0 0 Shelli Bardsley 282811 0 93559 0 62250 0 49318 0 14661 0 502599 0 0 0 Brenda Worrell 242687 0 81372 0 4620 0 47932 0 10172 0 386783 0 0 0 Mark Willden 161896 0 24695 0 810 0 31979 0 9168 0 228548 0 0 0 Lance Hendricks 33083 0 114917 0 0 0 3042 0 3262 0 154304 0 0 0 Edward Tierney 114749 0 28053 0 540 0 4041 0 9083 0 156466 0 0 0 Daren Almond 42071 0 89538 0 12 0 8000 0 7286 0 146907 0 0 0 Corey Dahle 97002 0 16785 0 81 0 3256 0 7769 0 124893 0 0 0 Shannon Marshburn 101185 0 10304 0 1987 0 3123 0 7966 0 124565 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Idaho Central provides certain key employees travel for companions, housing allowances, and health or social club dues. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Amounts expensed during 2011 are as follows: Kent Oram-$24,117 and Shelli Bardsley-$7,515. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Idaho Central is a member owned, not for profit credit union. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Chief Financial Officer (also a CPA) prepares the 990. It is then submitted to the President for review prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c We consistently monitor and enforce compliance with the conflict of interest policy. It covers Board Members, key staff, and family members. A review is performed at least annually. In addition, auditors and examiners review accounts held by the aforementioned persons. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Annually, the Board of Directors reviews salary surveys of similar sized institutions and sets the salary of the President according to that and how Idaho Central is performing. The President sets the salary for all other employees of the Credit Union. Each employee receives an annual salary review. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The financial statements are published in the branch offices and are available upon request. Other documents may also be made available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 The change in deposits is $127,456,224. The change in Other Comprehensive Income is -$451,879. The prior year end adjustment is $384,642.