SERVICE CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SERVICE CREDIT UNION (EIN 02-0240752)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201243199349305369
- Schema version
- 2011v1.2
- 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 | 2012-11-14T15:13:25-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 E THOMAS RD STE 2300 | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020240752 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SERVICE CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SERV | NameControl |
| Phone | 6034228300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2010 LAFAYETTE ROAD | AddressLine1 |
| City | PORTSMOUTH | City |
| State | NH | State |
| ZIP Code | 03801 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GORDON A SIMMONS | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 6034228300 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANIS ISAACSON | Name |
| PTIN | P00089104 | PTIN |
| Phone | 6022662248 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GORDON A SIMMONS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2010 LAFAYETTE ROAD | AddressLine1 |
| City | PORTSMOUTH | City |
| State | NH | State |
| ZIP Code | 03801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 132358469 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SERVICECU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 790 | TotalNbrEmployees |
| Total Nbr Volunteers | 16 | TotalNbrVolunteers |
| Total Gross UBI | 2070482 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 153041 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 122351759 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 132358469 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 122351759 | TotalRevenuePriorYear |
| Total Revenue Current Year | 132358469 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 31840299 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 34696377 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 64718729 | OtherExpensePriorYear |
| Other Expenses Current Year | 65688701 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 96559028 | TotalExpensesPriorYear |
| Total Expenses Current Year | 100385078 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 25792731 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 31973391 | RevenuesLessExpensesCY |
| Total Assets BOY | 1747812577 | TotalAssetsBOY |
| Total Assets EOY | 1979083679 | TotalAssetsEOY |
| Total Liabilities BOY | 1532686822 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1733533638 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 215125755 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 245550041 | NetAssetsOrFundBalancesEOY |
| Mission Description | CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | OUR THREE LARGEST PROGRAMS BY EXPENSES ARE CDS, SHARE ACCOUNTS, AND MONEY MARKETS. THERE ARE NO REVENUE SOURCES ASSOCIATED WITH THESE EXPENSES. FOR 2011 EXPENSES WERE $9,753,626, $2,342,981 AND $1,342,189 RESPECTIVELY. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 50781 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 790 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | GM | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT WENSLEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6034228380 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2010 LAFAYETTE ROAD | AddressLine1 |
| City | PORTSMOUTH | City |
| State | NH | State |
| ZIP Code | 03801 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| GORDON SIMMONS | ||||||||
| PRESIDENT/CEO | 64.00 | X | X | 990743 | 0 | 1360348 | ||
| DAVID HANCHETT | ||||||||
| CHAIRMAN | 8.00 | X | 1116 | 0 | 0 | |||
| BARBARA ROBERGE | ||||||||
| VICE CHAIRWOMAN | 8.00 | X | 8877 | 0 | 0 | |||
| DAVID VAN ROSSUM | ||||||||
| DIRECTOR | 8.00 | X | 6453 | 0 | 0 | |||
| CLIFFORD TAYLOR | ||||||||
| DIRECTOR | 8.00 | X | 13483 | 0 | 0 | |||
| JOANNE WHITING | ||||||||
| ASSOCIATE DIRECTOR | 8.00 | X | 14224 | 0 | 0 | |||
| WILLIAM NEWMAN | ||||||||
| EXECUTIVE VICE PRESIDENT | 54.00 | X | 432304 | 0 | 317357 | |||
| SCOTT WENSLEY | ||||||||
| CFO | 45.00 | X | 316573 | 0 | 116854 | |||
| WILLIAM ARNOLD | ||||||||
| CIO | 45.00 | X | 251302 | 0 | 54609 | |||
| PATRICK HARRIGAN | ||||||||
| VP REGULATORY COMPLIANCE AND GENERAL COUNSEL | 45.00 | 186878 | 0 | 38572 | X | |||
| FRED CURLEY | ||||||||
| VP HUMAN RESOURCES | 45.00 | 252251 | 0 | 97590 | X | |||
| FAWN TERWILLIGER | ||||||||
| VP LENDING | 45.00 | 242145 | 0 | 70438 | X | |||
| DAN CLARKE | ||||||||
| VP MEMBER SERVICES | 45.00 | 238887 | 0 | 39603 | X | |||
| KAREN BENEDETTI | ||||||||
| VP MARKETING | 45.00 | 224744 | 0 | 68013 | X | |||
| PHILLIP VON STREICHER | ||||||||
| VP OVERSEAS BRANCH ADMINISTRATION | 45.00 | 187153 | 0 | 80484 | X | |||
| MICHAEL BERGERON | ||||||||
| VP LOGISTICS | 45.00 | 156065 | 0 | 50655 | X | |||
| THOMAS JOYCE | ||||||||
| VP OVERSEAS BRANCH ADMINISTRATION | 45.00 | 214845 | 0 | 59372 | X | |||
| WILLIAM STRAND | ||||||||
| AVP BUSINESS ANALYSIS | 45.00 | 151040 | 0 | 58796 | X | |||
| JOHN SIPP | ||||||||
| AVP NETWORKS AND SYSTEMS | 45.00 | 133345 | 0 | 50802 | X | |||
| MICHEAL PORTER | ||||||||
| AVP BRANCH ADMINISTRATION | 45.00 | 137955 | 0 | 40614 | X | |||
| ANA FORET | ||||||||
| CHIEF INTERNAL AUDIT | 45.00 | 145488 | 0 | 36346 | X | |||
| JOSE RIVERA-HERNANDEZ | ||||||||
| AVP INFORMATION SECURITY | 45.00 | 123283 | 0 | 19929 | X | |||
| LAWRENCE STUKER | ||||||||
| AVP - CONTACT CENTER | 45.00 | 103256 | 0 | 31406 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4532410 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 2591788 | TotalOtherCompensation |
| Number Individuals GT100 K | 18 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SUFFOLK CONSTRUCTION | |||||
| 65 ALLERTON STREET | BOSTON | MA | 02119 | CONSTRUCTION OF NEW CORPORATE HEADQUARTE | 12542771 |
| INTUIT FINANCIAL SERVICES | |||||
| PO BOX 515306 | LOS ANGELES | CA | 900516606 | INTUIT PROVIDES OUR HOME BANKING AND ONL | 2481935 |
| GUND PARTNERSHIP | |||||
| 47 THORNDIKE STREET | CAMBRIDGE | MA | 02141 | ARCHITECTURAL AND DESIGN SERVICES | 1439664 |
| KEENAN AND ASSOCIATES | |||||
| 7 ROSE LANE | ATKINSON | NH | 03811 | CONSTRUCTION AND RENOVATION OF EXISTING | 743763 |
| REWARDSNOW | |||||
| 383 CENTRAL AVE SUITE 350 | DOVER | NH | 03820 | PROVIDES REWARDS PROGRAM FOR CERTAIN DEB | 713283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 44 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| PROGRAM SERVICE REVENU | 522100 | 130287987 | 130287987 | |
| UNRELATED BUSINESS INC | 900099 | 2070482 | 2070482 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 132358469 | TotalProgramServiceRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 132358469 | TotalRevenueColumn |
| Related Or Exempt Function Income | 130287987 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2070482 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7124198 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17302452 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2533585 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5868596 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1867546 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61983 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3685825 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563410 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2182428 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 363092 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15938 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20530270 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3011352 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378352 | Total |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OPERATIONS | Description |
| Total | 34896051 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100385078 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14685677 | BOY |
| EOY | 15825281 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210798407 | BOY |
| EOY | 308821385 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25565866 | BOY |
| EOY | 16507596 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1208034213 | BOY |
| EOY | 1307467520 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1932798 | BOY |
| EOY | 2487361 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 60360630 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23701540 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34137856 | BOY |
| EOY | 36659090 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 211243089 | BOY |
| EOY | 233247569 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124197 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41290474 | BOY |
| EOY | 58067877 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1747812577 | BOY |
| EOY | 1979083679 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35439986 | BOY |
| EOY | 50031325 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161036688 | BOY |
| EOY | 153878388 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1336210148 | BOY |
| EOY | 1529623925 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1532686822 | BOY |
| EOY | 1733533638 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215125755 | BOY |
| EOY | 245550041 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215125755 | BOY |
| EOY | 245550041 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1747812577 | BOY |
| EOY | 1979083679 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 31973391 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1549105 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11618971 | OtherCostOrOtherBasis |
| Book Value | 11618971 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22498866 | OtherCostOrOtherBasis |
| Depreciation | 6466797 | Depreciation |
| Book Value | 16032069 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6170018 | OtherCostOrOtherBasis |
| Depreciation | 3572467 | Depreciation |
| Book Value | 2597551 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20072775 | OtherCostOrOtherBasis |
| Depreciation | 13662276 | Depreciation |
| Book Value | 6410499 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 36659090 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES AND OTHER INVESTMENTS | Description |
| Book Value | 233247569 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 233247569 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| IRA CERTIFICATES | $66,153,984 |
| OTHER CERTIFICATES | $587,592,580 |
| SHARE ACCOUNTS | $875,877,361 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1529623925 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (16 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GORDON SIMMONS | |||||||||||||
| 611856 | 0 | 346560 | 0 | 32327 | 0 | 1348388 | 0 | 11960 | 0 | 2351091 | 0 | 0 | 0 |
| WILLIAM NEWMAN | |||||||||||||
| 297747 | 0 | 131302 | 0 | 3255 | 0 | 305397 | 0 | 11960 | 0 | 749661 | 0 | 0 | 0 |
| SCOTT WENSLEY | |||||||||||||
| 229938 | 0 | 84190 | 0 | 2445 | 0 | 104894 | 0 | 11960 | 0 | 433427 | 0 | 0 | 0 |
| WILLIAM ARNOLD | |||||||||||||
| 186945 | 0 | 63419 | 0 | 938 | 0 | 38449 | 0 | 16160 | 0 | 305911 | 0 | 0 | 0 |
| PATRICK HARRIGAN | |||||||||||||
| 150017 | 0 | 36126 | 0 | 735 | 0 | 22412 | 0 | 16160 | 0 | 225450 | 0 | 0 | 0 |
| FRED CURLEY | |||||||||||||
| 203826 | 0 | 45653 | 0 | 2772 | 0 | 81430 | 0 | 16160 | 0 | 349841 | 0 | 0 | 0 |
| FAWN TERWILLIGER | |||||||||||||
| 186484 | 0 | 53956 | 0 | 1705 | 0 | 58478 | 0 | 11960 | 0 | 312583 | 0 | 0 | 0 |
| DAN CLARKE | |||||||||||||
| 165691 | 0 | 70339 | 0 | 2857 | 0 | 38603 | 0 | 1000 | 0 | 278490 | 0 | 0 | 0 |
| KAREN BENEDETTI | |||||||||||||
| 155948 | 0 | 68026 | 0 | 770 | 0 | 51853 | 0 | 16160 | 0 | 292757 | 0 | 0 | 0 |
| PHILLIP VON STREICHER | |||||||||||||
| 154456 | 0 | 28755 | 0 | 3942 | 0 | 68524 | 0 | 11960 | 0 | 267637 | 0 | 0 | 0 |
| MICHAEL BERGERON | |||||||||||||
| 123091 | 0 | 32385 | 0 | 589 | 0 | 34495 | 0 | 16160 | 0 | 206720 | 0 | 0 | 0 |
| THOMAS JOYCE | |||||||||||||
| 190412 | 0 | 16077 | 0 | 8356 | 0 | 58372 | 0 | 1000 | 0 | 274217 | 0 | 0 | 0 |
| WILLIAM STRAND | |||||||||||||
| 135813 | 0 | 14039 | 0 | 1188 | 0 | 47171 | 0 | 11625 | 0 | 209836 | 0 | 0 | 0 |
| JOHN SIPP | |||||||||||||
| 133345 | 0 | 0 | 0 | 0 | 0 | 34642 | 0 | 16160 | 0 | 184147 | 0 | 0 | 0 |
| MICHEAL PORTER | |||||||||||||
| 137955 | 0 | 0 | 0 | 0 | 0 | 34793 | 0 | 5821 | 0 | 178569 | 0 | 0 | 0 |
| ANA FORET | |||||||||||||
| 145488 | 0 | 0 | 0 | 0 | 0 | 20186 | 0 | 16160 | 0 | 181834 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | GORDON SIMMONS $1,320,000 - SERP EXPENSE SCOTT WENSLEY $59,113 - SERP EXPENSE WILLIAM NEWMAN $231,660 - SERP EXPENSE RICHARD TOLLE $1,482,682 - SERP DISTRIBUTION PHILLIP VON STREICHER $-12,430 - SERP EXPENSE | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | A MEETING OPEN TO ALL MEMBERS IS HELD EACH SPRING WHERE ALL MEMBERS HAVE THE OPPORTUNITY TO VOTE ON CANDIDATES FOR THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE ASSISTANT VICE PRESIDENT FINANCE, CFO, AND CEO PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | VOLUNTEERS MUST DISCLOSE TO THE BOARD OF DIRECTORS ANNUALLY ANY INVOLVEMENT WITH ORGANIZATIONS WHICH DO BUSINESS WITH THE CREDIT UNION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE GATHERS DATA FROM OUTSIDE SOURCES AND REVIEWS SURVEY AND OTHER DATA. | |
| FORM 990, PART VI, SECTION C, LINE 19 | SERVICE CREDIT UNION'S FINANCIALS ARE PROVIDED MONTHLY FOR ALL MEMBERS BY BEING POSTED IN EACH BRANCH LOCATION. OUR ANNUAL REPORT IS DISTRIBUTED TO ALL ATTENDEES AT THE ANNUAL MEETING, PROVIDED IN EACH BRANCH LOCATION, AND IS ALSO POSTED ON OUR WEBSITE. MEMBERS HAVE THE RIGHT TO REQUEST AND RECEIVE PERTINENT DOCUMENTATION AS DEMANDED. SERVICE CREDIT UNION IS A MEMBER-OWNED COOPERATIVE AND AS SUCH PERTINENT BUSINESS DOCUMENTATION IS ALWAYS PROVIDED AS REQUESTED BY MEMBERS. | |
| FORM 990, PART XI, LINE 5: | OTHER COMPREHENSIVE INCOME -2,929,682. UNREALIZED GAIN/LOSS ON AVAILIBLE FOR SALE SECURITIES -1,899,616. NET CHANGE IN REGULAR RESERVE 793,016. OTHER CHANGE IN NET ASSETS 2,487,177. TOTAL TO FORM 990, PART XI, LINE 5: -1,549,105. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE SUPERVISORY COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. |