ONPOINT COMMUNITY CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ONPOINT COMMUNITY CREDIT UNION (EIN 93-0257765)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-16
- IRS object ID
- 201101369349302315
- Schema version
- 2010v3.2
- 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 | 2011-05-16T11:03:00-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL SUITE 1100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930257765 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONPOINT COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ONPO | NameControl |
| Phone | 5032731764 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 972083750 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES HUNT | Name |
| Title | SVP/CHIEF FINANCIAL OFFICER | Title |
| Phone | 5032731764 | Phone |
| Date Signed | 2011-05-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | COLLIN F BUZZELL | Name |
| Phone | 6125738750 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT STUART | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 972083750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 151910268 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ONPOINTCU.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1932 | YearFormation |
| State Legal Domicile | OR | StateLegalDomicile |
| Activity Or Mission Description | PROMOTE THE FINANCIAL WELL-BEING OF CREDIT UNION MEMBERS THROUGH FINANCIAL PRODUCTS AND SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 519 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 2023655 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -893938 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 145402465 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 139760844 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 10361148 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12149424 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16335857 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 172099470 | TotalRevenuePriorYear |
| Total Revenue Current Year | 151910268 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 47290423 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 31741243 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 29535269 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 33940348 | 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 | 66844396 | OtherExpensePriorYear |
| Other Expenses Current Year | 72348064 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 143680088 | TotalExpensesPriorYear |
| Total Expenses Current Year | 138038655 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 28419382 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 13871613 | RevenuesLessExpensesCY |
| Total Assets BOY | 2754327378 | TotalAssetsBOY |
| Total Assets EOY | 2841312936 | TotalAssetsEOY |
| Total Liabilities BOY | 2492734774 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2564883007 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 261592604 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 276429929 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PURPOSE OF ONPOINT COMMUNITY CREDIT UNION IS TO PROMOTE THE FINANCIAL WELL-BEING OF OUR MEMBERS BY BEING THE PREFERRED PROVIDER OF CONSUMER PRODUCTS AND SERVICES AND TO ENSURE THE SAFETY AND SOUNDNESS OF OUR CREDIT UNION. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | IN 2010 MEMBERSHIP IN THE CREDIT UNION GREW TO 213,971 MEMBERS. ONPOINT COMMUNITY CREDIT UNION PROVIDED THE MEMBERSHIP WITH FINANCIAL SERVICES, WHICH INCLUDES 140,965 LOANS AND 463,948 DEPOSIT ACCOUNTS TO MEMBERS AT COMPETITIVE RATES. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 1 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | 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 | 1 | 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 | 51260 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 519 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | 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 | 1 | 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 | 0 | 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 | CONTROLLER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5032287077 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 972083750 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 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 |
|---|---|---|---|---|---|---|---|---|
| S GRAY | ||||||||
| BOD CHAIR | 8.00 | X | X | 9625 | 0 | 0 | ||
| M SCALLY | ||||||||
| BOD SECRETARY | 4.00 | X | X | 1181 | 0 | 0 | ||
| W PEDERSON | ||||||||
| BOD VICE CHAIR | 8.00 | X | X | 2273 | 0 | 0 | ||
| C HARMS | ||||||||
| DIRECTOR | 4.00 | X | 0 | 0 | 0 | |||
| F WONG | ||||||||
| DIRECTOR | 4.00 | X | 6584 | 0 | 0 | |||
| K MORRIS | ||||||||
| DIRECTOR | 4.00 | X | 1609 | 0 | 0 | |||
| L FREEMAN | ||||||||
| DIRECTOR | 4.00 | X | 1690 | 0 | 0 | |||
| M JORDAN | ||||||||
| DIRECTOR | 4.00 | X | 2893 | 0 | 0 | |||
| S NICHOLSON | ||||||||
| DIRECTOR | 4.00 | X | 4040 | 0 | 0 | |||
| L SCHULWITZ | ||||||||
| DIRECTOR | 4.00 | X | 1420 | 0 | 0 | |||
| R STUART | ||||||||
| PRESIDENT | 65.00 | X | 1152133 | 0 | 659082 | |||
| J HUNT | ||||||||
| SVP/CFO | 60.00 | X | 370804 | 0 | 235489 | |||
| G LAWRENCE | ||||||||
| SVP/CHIEF RISK OFFICER | 60.00 | X | 561050 | 0 | 206840 | |||
| J ARMSTRONG | ||||||||
| SVP/HUMAN RESOURCES | 60.00 | 596351 | 0 | 269912 | X | |||
| T MCVAY | ||||||||
| SVP/RETAIL DELIVERY | 60.00 | 772045 | 0 | 374717 | X | |||
| K SCHRADER | ||||||||
| SVP/MARKETING & MEMBER SER | 60.00 | 601231 | 0 | 258618 | X | |||
| V ERVIN | ||||||||
| VP/CONTROLLER | 60.00 | 384390 | 0 | 150215 | X | |||
| C MILAM | ||||||||
| VP/MEMBER SERVICES | 45.00 | 379453 | 0 | 150574 | X | |||
| E PRATT | ||||||||
| VP/BRANCH MANAGER | 45.00 | 135356 | 0 | 85701 | X | |||
| A EMERSON | ||||||||
| MORTGAGE SALES MANAGER | 45.00 | 163631 | 0 | 22570 | X | |||
| M VOLK | ||||||||
| INVESTMENT REPRESENTATIVE | 45.00 | 159003 | 0 | 29371 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5306762 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 2443089 | TotalOtherCompensation |
| Number Individuals GT100 K | 23 | 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 |
|---|---|---|---|---|---|
| DIEBOLD GLOBAL FINANCE CORPORATION | |||||
| PO BOX 643955 | PITTSBURGH | PA | 152644399 | ATM SERVICE/SUPPORT | 4923682 |
| WEBER MARKETING GROUP | |||||
| 225 TERRY AVE N SUITE 400 | SEATTLE | WA | 98109 | MARKETING/PROMOTIONAL | 3447588 |
| PROVIDENCE HEALTH PLANS OF OREGON | |||||
| PO BOX 5728 | PORTLAND | OR | 972285728 | EMPLOYEE HEALTH INSURANCE | 2523881 |
| DIGITAL INSIGHT CORPORATION | |||||
| PO BOX 515306 | LOS ANGELES | CA | 900516606 | ONLINE BANKING SERVICES | 2176760 |
| FISERV | |||||
| 75 REMITTANCE DR SUITE 1698 | CHICAGO | IL | 606751698 | STATEMENT PROCESSING | 1335063 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 49 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST MEMBER LOANS | 522100 | 107306563 | 107306563 | |
| INTERCHANGE INCOME | 522100 | 11950758 | 11950758 | |
| OTHER OPERATING INCOME | 522100 | 10737058 | 8894715 | 1842343 |
| SERVICE FEES | 522100 | 9766465 | 9585153 | 181312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 139760844 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11143298 | TotalRevenueColumn |
| Exclusion | $11,143,298 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1004656 | Securities |
| Other | 1470 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1004656 | Securities |
| Other | 1470 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1006126 | TotalRevenueColumn |
| Exclusion | $1,006,126 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 151910268 | TotalRevenueColumn |
| Related Or Exempt Function Income | 137737189 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2023655 | UnrelatedBusinessRevenue |
| Exclusion | $12,149,424 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9000 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31741243 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7766099 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17535050 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1859176 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4637579 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2142444 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411999 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103848 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13325945 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5183768 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5781461 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4611191 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 457164 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 265500 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2319644 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2116461 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498983 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 28390189 |
| NCUSIF INSURANCE | 6300465 |
| OTHER EXPENSES | 2311446 |
| IMPAIRMENT LOSS ON CAPI | 270000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138038655 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27188555 | BOY |
| EOY | 81128090 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126753763 | BOY |
| EOY | 127462459 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8508653 | BOY |
| EOY | 8215976 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2121011904 | BOY |
| EOY | 1954498602 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1839530 | BOY |
| EOY | 2017812 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 28093254 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22778020 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4015813 | BOY |
| EOY | 5315234 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 314100189 | BOY |
| EOY | 553511361 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142278938 | BOY |
| EOY | 96789852 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8630033 | BOY |
| EOY | 12373550 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2754327378 | BOY |
| EOY | 2841312936 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23574422 | BOY |
| EOY | 30573225 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252918 | BOY |
| EOY | 231228 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385996 | BOY |
| EOY | 522943 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2468521438 | BOY |
| EOY | 2533555611 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2492734774 | BOY |
| EOY | 2564883007 | 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 | 261592604 | BOY |
| EOY | 276429929 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261592604 | BOY |
| EOY | 276429929 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2754327378 | BOY |
| EOY | 2841312936 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 13871613 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 965712 | ReconcilationOtherChanges |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 25000 | PoliticalExpenditures |
| Amt Of Internal Funds Contributed | 25000 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 25000 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | 1 | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs
Name Of527 Organization NameOf527Organization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CU LEGISLATIVE ACTION FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CUAO P O BOX 1900 | AddressLine1 |
| City | BEAVERTON | City |
| State | OR | State |
| ZIP Code | 97075 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 930953356 | EIN |
| Amt Pd From Internal Funds | 25000 | AmtPdFromInternalFunds |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: | Identifier |
| Return Reference | PART I-A, LINE 1: | ReturnReference |
| Explanation | THE CONTRIBUTION WAS TO THE CREDIT UNION LEGISLATIVE ACTION FUND, WHICH ENHANCES CREDIT UNIONS' VISIBILITY AMONG LAWMAKERS AND BUILDS STRONG POLITICAL RELATIONSHIPS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 290949 | OtherCostOrOtherBasis |
| Book Value | 290949 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1529112 | OtherCostOrOtherBasis |
| Depreciation | 1484943 | Depreciation |
| Book Value | 44169 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11286673 | OtherCostOrOtherBasis |
| Depreciation | 8603334 | Depreciation |
| Book Value | 2683339 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14986520 | OtherCostOrOtherBasis |
| Depreciation | 12689743 | Depreciation |
| Book Value | 2296777 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5315234 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SAVINGS | $235,037,213 |
| CHECKING | $345,293,924 |
| MONEY MARKET ACCOUNTS | $784,502,964 |
| INDIVIDUAL RETIREMENT ACCOUNTS (IRA) | $44,230,011 |
| BORROWINGS | $60,000,000 |
| CERTIFICATES OF DEPOSIT | $869,899,048 |
| INDIVIDUAL RETIREMENT ACCOUNTS | $194,592,451 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2533555611 | TotalOfAmounts |
| Total Revenue | 151910268 | TotalRevenue |
| Total Expenses | 138038655 | TotalExpenses |
| Excess Or Deficit For Year | 13871613 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 965712 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 965712 | TotalAdjustments |
| Excess Or Deficit Per FS | 14837325 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 151640268 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -270000 | OtherRevenues |
| Revenue Not Rptd F990 | -270000 | RevenueNotRptdF990 |
| Revenue Subtotal | 151910268 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 151910268 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 137768655 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 137768655 | ExpensesSubtotal |
| Other Expenses Not Included | 270000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 270000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 138038655 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | THE FUNDS ONPOINT COLLECTS FOR TAXES AND INSURANCE ON BEHALF OF ITS MEMBERS ARE HELD IN AN ESCROW ACCOUNT AND INCLUDED WITHIN THE BALANCE SHEET. | |
| PART X: | FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| REVENUE RECLASSED TO EXPENSE - IMPAIRMENT LOSS ON CAPITAL INV IN CORP CU -270,000. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| REVENUE RECLASSED TO EXPENSE - IMPAIRMENT LOSS ON CAPITAL INV IN CORP CU 270,000. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP | TypeOfGrant |
| Number Of Recipients | 3 | NumberOfRecipients |
| Amount Of Cash Grant | 9000 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE RECIPIENTS OF THE ANNUAL CLIFFORD C. DIAS LEADERSHIP SCHOLARSHIP ARE SELECTED BY MR. DIAS AND APPROVED BY THE BOARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | 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 | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R STUART | |||||||||||||
| 527081 | 0 | 500900 | 0 | 124152 | 0 | 652860 | 0 | 6222 | 0 | 1811215 | 0 | 0 | 0 |
| J HUNT | |||||||||||||
| 233250 | 0 | 107413 | 0 | 30141 | 0 | 222003 | 0 | 13486 | 0 | 606293 | 0 | 0 | 0 |
| G LAWRENCE | |||||||||||||
| 160010 | 0 | 133651 | 0 | 267389 | 0 | 200618 | 0 | 6222 | 0 | 767890 | 0 | 250000 | 0 |
| J ARMSTRONG | |||||||||||||
| 177270 | 0 | 147529 | 0 | 271552 | 0 | 256426 | 0 | 13486 | 0 | 866263 | 0 | 250000 | 0 |
| T MCVAY | |||||||||||||
| 284800 | 0 | 230378 | 0 | 256867 | 0 | 361231 | 0 | 13486 | 0 | 1146762 | 0 | 250000 | 0 |
| K SCHRADER | |||||||||||||
| 177004 | 0 | 162321 | 0 | 261906 | 0 | 252396 | 0 | 6222 | 0 | 859849 | 0 | 250000 | 0 |
| V ERVIN | |||||||||||||
| 108575 | 0 | 61051 | 0 | 214764 | 0 | 140777 | 0 | 9438 | 0 | 534605 | 0 | 213617 | 0 |
| C MILAM | |||||||||||||
| 100676 | 0 | 22882 | 0 | 255895 | 0 | 137088 | 0 | 13486 | 0 | 530027 | 0 | 250000 | 0 |
| E PRATT | |||||||||||||
| 114460 | 0 | 20191 | 0 | 705 | 0 | 75465 | 0 | 10236 | 0 | 221057 | 0 | 0 | 0 |
| A EMERSON | |||||||||||||
| 23885 | 0 | 139591 | 0 | 155 | 0 | 16348 | 0 | 6222 | 0 | 186201 | 0 | 0 | 0 |
| M VOLK | |||||||||||||
| 0 | 0 | 158848 | 0 | 155 | 0 | 15885 | 0 | 13486 | 0 | 188374 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL - PRESIDENT/CEO, ALL BOD (10 PEOPLE); NOT TAXABLE TO INDIVIDUALS. TRAVEL FOR COMPANIONS - ALL BOD (9 PEOPLE); TAXABLE TO INDIVIDUALS. TAX INDEMNIFICATION AND GROSS-UP - ALL NON-VOLUNTEERS LISTED (12 PEOPLE); TAXABLE TO INDIVIDUALS. HEALTH AND SOCIAL CLUBS - PRESIDENT/CEO; TAXABLE TO INDIVIDUALS. PERSONAL SERVICES - PRESIDENT/CEO AND SELECT SENIOR EXECUTIVES (5 PEOPLE); TAXABLE TO INDIVIDUALS. |
| PART I, LINE 4A | R. STUART - PAID $0 J. HUNT - PAID $0 E. PRATT - PAID $0 G. LAWRENCE - PAID $250,000 V. ERVIN - PAID $250,000 J. ARMSTRONG - PAID $250,000 T.MCVAY - PAID $250,000 K. SCHRADER - PAID $250,000 C. MILAM - PAID $250,000 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | DURING 2010 ONPOINT BEGAN OFFERING BUSINESS MEMBER LOANS INCLUDING EQUIPMENT AND LINES OF CREDIT PRODUCTS. |
| FORM 990, PART VI, SECTION A, LINE 6 | ONPOINT COMMUNITY CREDIT UNION IS A NATURAL PERSON CREDIT UNION, OWNED BY ITS MEMBERS. AT 12/31/2010 THERE WERE 213,971 MEMBERS IN THE CREDIT UNION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS FROM A POOL OF CANDIDATES AT THE ANNUAL MEETING. BOARD POSITIONS HAVE STAGGERED RENEWAL DATES IN THREE YEAR TERMS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. | |
| FORM 990, PART VI, SECTION B, LINE 11 | INFORMATION FOR THE COMPLETION OF THE TAX RETURN WAS GATHERED BY THE CREDIT UNION'S ACCOUNTING DEPARTMENT. THE ACCOUNTING FIRM, RSM MCGLADREY, PREPARED THE TAX RETURN AND IT WAS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING BY RSM MCGLADREY. | |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING OF THE CONFLICT OF INTEREST POLICY IS CONDUCTED THROUGH AN ANNUAL POLICY REVIEW. STAFF MEMBERS ARE REQUIRED EACH YEAR TO REVIEW, READ, AND SIGN THE CONFLICT OF INTEREST POLICY. BOARD OF DIRECTOR MEMBERS ANNUALLY ADOPT THE BOARD GOVERNANCE MANUAL, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. AT THE POINT OF A POTENTIAL CONFLICT FOR A BOARD MEMBER, A PEER REVIEW IS CONDUCTED. ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS AND STAFF IS BASED ON A REVIEW OF POTENTIAL CONFLICTS AND, IF A CONFLICT EXISTS APPROPRIATE REMEDIATION OCCURS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS CONTROLS ALL COMPENSATION OR BENEFIT CHANGES THAT WOULD AFFECT THE PRESIDENT/CEO. ALL CHANGES TO THE PRESIDENT/CEO'S COMPENSATION AND BENEFITS ARE GOVERNED BY AN EMPLOYMENT CONTRACT AND ANY AMENDMENTS TO THE CONTRACT. THE COMPENSATION COMMITTEE REVIEWS THE PRESIDENT/CEO'S COMPENSATION PACKAGE EACH YEAR. THE SALARY SCHEDULE AND BENEFITS PROGRAMS FOR THE PRESIDENT/ CEO AND THE EXECUTIVE TEAM ARE TIED TO GEOGRAPHIC STUDIES OF SALARIES AND BENEFITS PERFORMED BY PROFESSIONAL ORGANIZATIONS WITH EXPERTISE IN THE AREA OF COMPENSATION. THESE INCLUDED THE CARDWELL CONSULTING 2010 TOP CEO TOTAL COMPENSATION SURVEY REPORT, THE MERCER SENIOR EXECUTIVE REMUNERATION REVIEW, THE 2010 MILLIMAN FINANCIAL INDUSTRY SURVEY, THE 2010 HUDSON VALLEY SPONSORED EXECUTIVE COMPENSATION SURVEY, THE EXECUTIVE COMP SOLUTIONS EXECUTIVE 2010 EMPLOYEE AND EXECUTIVE COMPENSATION AND BENEFITS SURVEY FOR THE CREDIT UNION MOVEMENT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 965,712. |