VIZO FINANCIAL CORPORATE CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: VIZO FINANCIAL CORPORATE CREDIT UNION (EIN 56-1295697)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-12
IRS object ID: 201112289349301316
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-12T19:01:19-00:00	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	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	561295697	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	FIRS	NameControl
Phone	3362174992	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4160 PIEDMONT PARKWAY Room No 200	AddressLine1
City	GREENSBORO	City
State	NC	State
ZIP Code	27410	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DAVID BREHMER	Name
Title	PRESIDENTCEO	Title
Phone	3362174992	Phone
Date Signed	2011-08-12	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2011-08-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DAVID BREHMER	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4160 PIEDMONT PARKWAY STE 200	AddressLine1
City	GREENSBORO	City
State	NC	State
ZIP Code	27410	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	55411674	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2032	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.FIRSTCAROLINA.ORG	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1980	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	FIRST CAROLINA IS THE CREDIT UNIONS' "CREDIT UNION" OFFERING LIQUIDITY SERVICES, INVESTMENT SERVICES, AND CORRESPONDENT SERVICES TO ITS MEMBERS. FIRST CAROLINA IS THE CREDIT UNIONS CREDIT UNION OFFERING LIQUIDITY SERVICES, INVESTMENT SERVICES, AND CORRESPONDENT SERVICES TO ITS MEMBERS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	27	TotalNbrEmployees
Total Nbr Volunteers	16	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4911653	ProgramServiceRevenuePriorYear
Program Service Revenue CY	3848967	ProgramServiceRevenueCY
Investment Income Prior Year	17283710	InvestmentIncomePriorYear
Investment Income Current Year	14167339	InvestmentIncomeCurrentYear
Other Revenue Prior Year	13679099	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	35874462	TotalRevenuePriorYear
Total Revenue Current Year	18016306	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1970271	SalariesEtcPriorYear
Salaries Etc Current Year	1826473	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	47307453	OtherExpensePriorYear
Other Expenses Current Year	12984213	OtherExpensesCurrentYear
Total Expenses Prior Year	49277724	TotalExpensesPriorYear
Total Expenses Current Year	14810686	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-13403262	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3205620	RevenuesLessExpensesCY
Total Assets BOY	1781833580	TotalAssetsBOY
Total Assets EOY	1917670925	TotalAssetsEOY
Total Liabilities BOY	1806431844	TotalLiabilitiesBOY
Total Liabilities EOY	1929115582	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-24598264	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-11444657	NetAssetsOrFundBalancesEOY
Mission Description	MAXIMIZE THE VALUE OF MEMBER OWNERSHIP THROUGH SUPERIOR SERVICE AND PERSONALIZED PRODUCTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	SETTLEMENT AND PAYMENT SERVICES MANAGEMENT OF SHORT TERM FUNDS FOR THE MEMBERSHIP PROVIDING LIQUIDITY SERVICES. INCOME FROM PROVIDING SERVICES TO CREDIT UNION MEMBERS AND MANAGING THEIR SHORT-TERM DEPOSITS PROVIDE THE FOUNDATION FOR THE ORGANIZATIONS OPERATIONAL STABILITY AND ABILITY TO PROVIDE VALUE-ADDED LOW COST SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	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	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	27	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	DAVID BREHMER	NamePerson
Telephone Number	3362174992	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4160 PIEDMONT PARKWAY	AddressLine1
City	GREENSBORO	City
State	NC	State
ZIP Code	27410	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
SCOTT WOODS
CHAIRMAN	003.00	X	0	0	0
ROBERT BRUNS
V. CHAIRMAN	002.00	X	0	0	0
RANDY CRAWFORD
SECRETARY	002.00	X	0	0	0
STEVE HARKINS
TREASURER	002.00	X	0	0	0
JACK BRASWELL
CHAIRMAN	002.00	X	0	0	0
LUCILE BECKWITH
DIRECTOR	002.00	X	0	0	0
JAMES MCDANIEL
DIRECTOR	002.00	X	0	0	0
SCOTT WEAVER
DIRECTOR	002.00	X	0	0	0
DAVID BREHMER
CEO	040.00		161879	0	12937	X
MARK BROWN
SVP/CFO	040.00		112273	0	9674	X
FRED EISEL
SVP/CIO	040.00		129264	0	10847	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	403416	TotalReportableCompFromOrg
Total Other Compensation	33458	TotalOtherCompensation
Number Individuals GT100 K	3	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
NORTH CAROLINA CREDIT UNION LEAGUE
323 W JONES STREET	RALEIGH	NC	27609	PAYROLL SERVICES	1905858
FEDERAL RESERVE BANK
701 E BYRD ST	RICHMOND	VA	23219	SETTLEMENT AND WIRES	297043
JACK HENRY & ASSOCIATES INC
663 W HIGHWAY 60	MONETT	MO	65708	DATA PROCESSING	257203
US CENTRAL FCU
9701 RENNER BLVD STE 100	LENEXA	KS	66219	SETTLEMENT, SAFEKEEPING, AND WIRES	201165
JAMESTOWN BOB LLC
501 MINUET LANE STE 103	CHARLOTTE	NC	28217	BUILDING RENT	151428

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	8	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INCOME ON LOANS	522100	1167670	1167670
FEES/CHARGES/OTHER	522100	2681297	2681297

Field	Value	IRS element (for citing)
Total Program Service Revenue	3848967	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	14180968	TotalRevenueColumn
Related Or Exempt Function Income	14180968	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	37337739	Securities
Other	44000	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	37345368	Securities
Other	50000	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-7629	Securities
Other	-6000	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-13629	TotalRevenueColumn
Related Or Exempt Function Income	-13629	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	18016306	TotalRevenueColumn
Related Or Exempt Function Income	18016306	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	436874	Total
Program Services	436874	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1061833	Total
Program Services	1061833	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	57460	Total
Program Services	57460	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	146324	Total
Program Services	146324	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	123982	Total
Program Services	123982	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	41065	Total
Program Services	41065	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	92475	Total
Program Services	92475	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	154605	Total
Program Services	154605	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	64684	Total
Program Services	64684	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1297121	Total
Program Services	1297121	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	649805	Total
Program Services	649805	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	172863	Total
Program Services	172863	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	94569	Total
Program Services	94569	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	15067	Total
Program Services	15067	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	8372644	Total
Program Services	8372644	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	43178	Total
Program Services	43178	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	136785	Total
Program Services	136785	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	1849352	Total
Program Services	1849352	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	14810686	Total
Program Services	14810686	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	16306810	BOY
EOY	433654	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1312451117	BOY
EOY	1370920383	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1717913	BOY
EOY	3256960	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	33515329	BOY
EOY	30497914	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	205191	BOY
EOY	116813	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	716383	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	599281	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	169192	BOY
EOY	117102	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	363328529	BOY
EOY	464706747	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	53674532	BOY
EOY	47178700	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	464967	BOY
EOY	442652	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1781833580	BOY
EOY	1917670925	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2084757	BOY
EOY	1546452	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	107257800	BOY
EOY	51997304	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1697089287	BOY
EOY	1875571826	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1806431844	BOY
EOY	1929115582	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	-24598264	BOY
EOY	-11444657	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-24598264	BOY
EOY	-11444657	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1781833580	BOY
EOY	1917670925	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	3205620	ReconcilationRevenueExpenses
Reconcilation Other Changes	9947987	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19926	OtherCostOrOtherBasis
Depreciation	18516	Depreciation
Book Value	1410	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	615346	OtherCostOrOtherBasis
Depreciation	509510	Depreciation
Book Value	105836	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	81111	OtherCostOrOtherBasis
Depreciation	71255	Depreciation
Book Value	9856	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	117102	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (9 entries)

DescriptionDescription	AmountAmount
NON-MS DAILY SHARE ACCOUNTS	$936,390
DAILY SHARE ACCOUNTS	$1,373,192,141
VR-30 SHARE ACCOUNTS	$24,470,249
VR-90 SHARE ACCOUNTS	$270,126,574
HOLIDAY ACCUMULATION ACCOUNT	$5,138,000
UNCOLLECTED DEPOSITS-CASH LETTER	$41,783
CIF CERTIFICATES	$800,000
CERTIFICATES	$164,978,708
MEMBERSHIP CAPITAL SHARES	$35,887,981

Field	Value	IRS element (for citing)
Total Of Amounts	1875571826	TotalOfAmounts
Total Revenue	18016306	TotalRevenue
Total Expenses	14810686	TotalExpenses
Excess Or Deficit For Year	3205620	ExcessOrDeficitForYear
Net Unrealized GL On Investments	8312232	NetUnrealizedGLOnInvestments
Other	$1,635,755	OtherAmount
Total Adjustments	9947987	TotalAdjustments
Excess Or Deficit Per FS	13153607	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	18016306	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	18016306	RevenueSubtotal
Total Revenue Per Form990	18016306	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	14810686	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	14810686	ExpensesSubtotal
Total Expenses Per Form990	14810686	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
XI	8	RECLASSIFICATION ADJUSTMENT FOR NET LOSSES INCLUDED IN NET INCOME.
X	2	FIN 48 IS NOT APPLICABLE.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	X	IndependentConsultant
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

Field	Value	IRS element (for citing)
Name Person	DAVID BREHMER	NamePerson
Base Compensation Filing Org	150000	BaseCompensationFilingOrg
Other Compensation Filing Org	11879	OtherCompensationFilingOrg
Deferred Comp Filing Org	7500	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	5437	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	174816	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	MEMBERS ARE MADE UP OF NATURAL PERSON CREDIT UNIONS. MEMBERSHIP IS REQUIRED FOR SERVICE.
Form 990 Part VI	7A	THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS.
Form 990 Part VI	11	THE SVP/CFO IS RESPONSIBLE FOR THE PREPERATION OF THE RETURN. THE RETURN IS REVIEWED BY THE CREDIT UNIONS PRESIDENT/CEO. ONCE THIS REVIEW IS COMPLETED AND ANY NECESSARY CORRECTIONS ARE MADE, THE RETURN IS FILED.
Form 990 Part VI	12C	AT EACH BOARD OF DIRECTORS MEETING THEY ARE ASKED IF ANY CONFLICTS EXIST AND RECUSALS NECESSARY TO TRANSACT BUSINESS.
Form 990 Part VI	15B	OUTSIDE CONSULTANT REVIEWS POSITIONS BI-ANNUALLY AND PARTICIPATE IN CORPORATE CREDIT UNION SALARY SURVEY ANNUALLY.
Form 990 Part VI	19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
Form 990 Part XI	5	8,312,232 NET UNREALIZED HOLDING GAINS ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE 1,635,755 OTHER THAN TEMPORARY IMPAIRMENT ON INVESTMENT SECURITIES.