KNOXVILLE TVA EMPLOYEES CREDIT UNIO: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- KNOXVILLE TVA EMPLOYEES CREDIT UNIO (EIN 62-0263105)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-15
- IRS object ID
- 201112279349301836
- 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 | 2011-08-15T13:33:42-07:00 | 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 | PETERS & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9040 EXECUTIVE PARK DR STE 325 | AddressLine1 |
| City | KNOXVILLE | City |
| State | TN | State |
| ZIP Code | 37923 | 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 | 620263105 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNOXVILLE TVA EMPLOYEES CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KNOX | NameControl |
| Phone | 8655445400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 WALL AVENUE | AddressLine1 |
| City | KNOXVILLE | City |
| State | TN | State |
| ZIP Code | 37901 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GLENN SILER | Name |
| Title | CEO | Title |
| Phone | 8655445400 | Phone |
| Date Signed | 2011-07-25 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CRAIG PETERS | Name |
| Phone | 8656947128 | Phone |
| Date Prepared | 2011-08-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GLENN SILER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 WALL AVE | AddressLine1 |
| City | KNOXVILLE | City |
| State | TN | State |
| ZIP Code | 37901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 49724347 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.tvacreditunion.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 118,576 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 293 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 49523162 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 49724347 | ProgramServiceRevenueCY |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 49523162 | TotalRevenuePriorYear |
| Total Revenue Current Year | 49724347 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 11369340 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 10044711 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13933613 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14599109 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23219302 | OtherExpensePriorYear |
| Other Expenses Current Year | 18323978 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 48522255 | TotalExpensesPriorYear |
| Total Expenses Current Year | 42967798 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1000907 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6756549 | RevenuesLessExpensesCY |
| Total Assets BOY | 828342443 | TotalAssetsBOY |
| Total Assets EOY | 925084492 | TotalAssetsEOY |
| Total Liabilities BOY | 754920800 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 845080558 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 73421643 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 80003934 | NetAssetsOrFundBalancesEOY |
| Mission Description | STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 118,576 MEMBERS, TO | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 42967798 | Expense |
| Revenue | 49724347 | Revenue |
| Description | STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 118,576 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED. ALL OF OUR REVENUES AND EXPENSES ARE RELATED TO THIS PURPOSE. | Description |
| Total Program Service Expense | 42967798 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | 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 |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| 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 | false | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 22116 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 293 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | 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 | 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 | true | 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 | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLENN SILER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8655445400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 WALL AVENUE | AddressLine1 |
| City | KNOXVILLE | City |
| State | TN | State |
| ZIP Code | 37901 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| JAMES O FORD | |||||||
| CHAIRPERSON | 0.00 | X | 0 | 0 | 0 | ||
| PAUL E IVIE | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| BILL BONHAM | |||||||
| SECRETARY | 0.00 | X | 0 | 0 | 0 | ||
| STEVE HILLENBRAND | |||||||
| VICE-CHAIRPERSON | 0.00 | X | 0 | 0 | 0 | ||
| CLEO NORMAN | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| KAMI DARAKSHANI | |||||||
| ASST. TREASURER | 0.00 | X | 0 | 0 | 0 | ||
| NIKOLAUS JORDAN | |||||||
| TREASURER | 0.00 | X | 0 | 0 | 0 | ||
| RAY PACK | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JANE PIPKIN | |||||||
| ASST SECRETARY | 0.00 | X | 0 | 0 | 0 | ||
| GLENN SILER | |||||||
| PRESIDENT/CEO | 40.00 | 300391 | 0 | 85156 | X | ||
| SHANNON YORK | |||||||
| CFO | 40.00 | 132115 | 0 | 27539 | X | ||
| REBECCA LAWSON | |||||||
| SR VICE PRESIDENT | 40.00 | 102821 | 0 | 17739 | X | ||
| LYNN JONES | |||||||
| SR VP | 40.00 | 125452 | 0 | 19966 | X | ||
| KATHY O'BARR | |||||||
| VICE PRESIDENT | 40.00 | 83593 | 0 | 28868 | X | ||
| REBECCA BURGE | |||||||
| SR VP | 40.00 | 122440 | 0 | 50561 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 866812 | TotalReportableCompFromOrg |
| Total Other Compensation | 229829 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | true | 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 |
|---|---|---|---|---|---|
| STALWART SYSTEMS GROUP | |||||
| 6000 FAIRVIEW RD STE 1200 | CHARLOTTE | NC | 28210 | IT ENGINEERING | 533843 |
| FREEMAN MELANCON BRYANT | |||||
| 145 SOUTH GAY STREET | KNOXVILLE | TN | 37902 | ADVERTISING | 738362 |
| DELTA GROUP | |||||
| PO BOX 9208 | KNOXVILLE | TN | 37940 | HEALTHCARE INFO | 466856 |
| AT&T | |||||
| PO BOX 5019 | CAROL STREAM | IL | 601975019 | PHONE & INTERNET | 424741 |
| BIT LLC | |||||
| 710 SW 34TH ST | RENTON | WA | 90857 | DOCUMENT DELIVERY | 368721 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 27 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| INTEREST ON LOANS TO MEMBERS | 522100 | 38710138 |
| INVESTMENT INTEREST | 522100 | 634932 |
| FEE INCOME | 522100 | 9026808 |
| OTHER OPERATING INCOME | 522100 | 1379028 |
| OTHER NON-OPERATING INCOME | 522100 | -26559 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 49724347 | TotalProgramServiceRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 49724347 | TotalRevenueColumn |
| Related Or Exempt Function Income | 49724347 | RelatedOrExemptFunctionIncome |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10044711 | Total |
| Program Services | 10044711 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 866812 | Total |
| Program Services | 866812 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9202135 | Total |
| Program Services | 9202135 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 482052 | Total |
| Program Services | 482052 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2458661 | Total |
| Program Services | 2458661 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1589449 | Total |
| Program Services | 1589449 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2060732 | Total |
| Program Services | 2060732 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117770 | Total |
| Program Services | 117770 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| OFFICE OPERATIONS | 7306402 | 7306402 |
| EDUCATION & PROMOTION | 1363759 | 1363759 |
| LOAN SERVICING | 649390 | 649390 |
| PROFESSIONAL & OUTSIDE | 813777 | 813777 |
| ALLOWANCE FOR LOAN LOSSES | 3617027 | 3617027 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2395121 | Total |
| Program Services | 2395121 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42967798 | Total |
| Program Services | 42967798 | ProgramServices |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7172139 | BOY |
| EOY | 7491774 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76625810 | BOY |
| EOY | 81894213 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 645775599 | BOY |
| EOY | 757221455 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 994789 | BOY |
| EOY | 1150477 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 50140314 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10917542 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38717228 | BOY |
| EOY | 39222772 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56110510 | BOY |
| EOY | 22774622 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2946368 | BOY |
| EOY | 15329179 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 828342443 | BOY |
| EOY | 925084492 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3951858 | BOY |
| EOY | 4378834 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89818952 | BOY |
| EOY | 94593581 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 661149990 | BOY |
| EOY | 746108143 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 754920800 | BOY |
| EOY | 845080558 | 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 | 73421643 | BOY |
| EOY | 80003934 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73421643 | BOY |
| EOY | 80003934 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 828342443 | BOY |
| EOY | 925084492 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 6756549 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -174258 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15909271 | OtherCostOrOtherBasis |
| Book Value | 15909271 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23744049 | OtherCostOrOtherBasis |
| Depreciation | 4899761 | Depreciation |
| Book Value | 18844288 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 816613 | OtherCostOrOtherBasis |
| Depreciation | 495225 | Depreciation |
| Book Value | 321388 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8909287 | OtherCostOrOtherBasis |
| Depreciation | 5522556 | Depreciation |
| Book Value | 3386731 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 761094 | OtherCostOrOtherBasis |
| Book Value | 761094 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 39222772 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SHARE DRAFTS | $109,853,365 |
| REGULAR SHARES | $144,312,767 |
| MONEY MARKET SHARES | $163,999,740 |
| SHARE CERTIFICATES | $289,257,481 |
| IRA/KEOGH ACCOUNTS | $31,327,632 |
| OTHER SHARES | $7,357,158 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 746108143 | TotalOfAmounts |
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 |
| Compensation Committee | X | CompensationCommittee |
| 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 (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|---|
| GLENN SILER | |||||
| 260391 | 40000 | 76260 | 8896 | 385547 | 306869 |
| SHANNON YORK | |||||
| 123210 | 8905 | 14858 | 12681 | 159654 | 145876 |
| REBECCA BURGE | |||||
| 114465 | 7975 | 41665 | 8896 | 173001 | 131046 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (45 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI-A, Line 6 | THE CHARTER AND BY-LAWS CALL FOR AN ANNUAL ELECTION |
| Pt VI-A, Line 7a | OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTILED |
| Pt VI-A, Line 7b | TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. |
| THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING | |
| COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. | |
| THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BY-LAWS. | |
| Pt VI-A, Line 8a | UNDER THE BY-LAWS, THE DIRECTORS MEET MONTHLY TO REVIEW |
| THE OPERATIONS OF THE CREDIT UNION. THEIR ACTIONS ARE | |
| DOCUMENTED IN WRITTEN MONTHLY MINUTES. THE BOARD OF | |
| DIRECTORS APPROVE THE OPERATING POLICIES THAT DIRECT | |
| MANAGEMENT IN THE DAY-TO-DAY OPERATIONS OF THE CREDIT UNION. | |
| Pt VI-A, Line 8b | THE BOARD OF DIRECTORS APPOINT COMMITTEES TO OVERSEE |
| SPECIFIC OPERATIONS OF THE CREDIT UNION INCLUDING AN | |
| AUDIT COMMITTEE, WHICH HIRES AN INDEPENDENT AUDITOR TO | |
| PERFORM AN ANNUAL AUDIT OF THE CREDIT UNION, AND A PERSONNEL | |
| COMMITTEE WHICH RECOMMENDS AN OVERALL COMPENSATION PLAN FOR | |
| THE CREDIT UNION AS A WHOLE. COMMITTEE MINUTES ARE MAINTAINED. COMMITTEE | |
| RECOMMENDATIONS ARE VOTED ON/APPROVED BY THE FULL BOARD OF DIRECTORS. | |
| Pt VI-B, Line 15 | THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION FOR THE |
| CEO, MANAGEMENT, AND STAFF BASED ON AN ANNUAL SURVEY OF | |
| COMPENSATION OF CREDIT UNIONS OF COMPARABLE SIZE AND JOB | |
| CLASSIFICATIONS AND OTHER FACTORS. THE OVERALL COMPENSATION | |
| PLAN, INCLUDING CEO AND MANAGEMENT COMPENSATION, IS REVIEWED/APPROVED BY THE | |
| BOARD OF DIRECTORS. FOR STAFF, THE CEO AND/OR DEPARTMENT | |
| MANAGERS COMPLETE ANNUAL EMPLOYEE EVALUATIONS AND ARE AUTHORIZED | |
| TO SET STAFF COMPENSATION WITHIN THE RANGE APPROVED BY | |
| Form 990EZ, Part I, Line 16 | OFFICE OPERATIONS EDUCATION & PROMOTION LOAN SERVICING PROFESSIONAL & OUTSIDE MEMBER INSURANCE EXAMINATION FEES MISCELLANEOUS EXPENSE LOAN LOSS PROVISION |
| Form 990EZ, Part II, Line 24 | RECEIVABLES FROM OFFICERS & OTHERS OTHER RECEIVABLES PREPAIDS INVESTMENTS |
| Form 990EZ, Part II, Line 26 | ACCOUNTS PAYABLE & ACCRUED EXPENSES |
| Form 990, Part IX, Line 24f | EXAMINATION FEES 186904. 186904. MISCELLANEOUS EXPENSE 285288. 285288. MEMBER INSURANCE 1922929. 1922929. |
| THE PERSONNEL COMMITTEE AND BOARD OF DIRECTORS. | |
| Pt VI-B, Line 11a | THIS FORM 990 WAS PROVIDED TO THE PRESIDENT/CEO AND THE CFO FOR REVIEW |
| AND APPROVAL BEFORE FILING. | |
| Pt VI-B, Line 12c | THE CREDIT UNION HAS A WRITTEN CONFLICT OF INTEREST POLICY. |
| ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED | |
| TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO | |
| CONFLICTS. ALL MATERIAL CONTRACTS ARE APPROVED BY THE | |
| BOARD OF DIRECTORS. | |
| Pt VI-A, Line 1a | A STATE CHARTERED CREDIT UNION IS GOVERNED BY ITS CHARTER AND BY-LAWS. |
| Pt VI-B, Line 14 | THE CREDIT UNION HAS A RECORDS RETENTION & DESTRUCTION POLICY. |
| Pt VI-B, Line 18 & 19 | WRITTEN COPIES OF POLICIES AND PROCEDURES ARE PROVIDED |
| TO MEMBERS UPON REQUEST. MONTHLY FINANCIAL REPORTS | |
| ARE POSTED IN THE LOBBY FOR MEMBERS' REVIEW. UPON REQUEST, | |
| COPIES OF THE CREDIT UNION'S ANNUAL FORM 990 IS PROVIDED | |
| TO ANY MEMBER OR NON-MEMBER THAT REQUESTS A COPY. |