ALTURA CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ALTURA CREDIT UNION (EIN 95-2023588)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201113229349300411
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T11:53:33-06:00 | 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 | 515 S FLOWER STREET 41ST FLOOR | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | 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 | 952023588 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALTURA CREDIT UNION (FKA RIVERSIDE | BusinessNameLine1 |
| Business Name Line2 | COUNTY'S CREDIT UNION) | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALTU | NameControl |
| Phone | 9515715395 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2847 CAMPUS PARKWAY | AddressLine1 |
| City | RIVERSIDE | City |
| State | CA | State |
| ZIP Code | 92507 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK PEDERSEN | Name |
| Title | EVP, CFO | Title |
| Phone | 9515715395 | Phone |
| Date Signed | 2011-11-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROSEMARIE BROWN | Name |
| Phone | 2133304600 | 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 | MARK HAWKINS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2847 CAMPUS PARKWAY | AddressLine1 |
| City | RIVERSIDE | City |
| State | CA | State |
| ZIP Code | 92507 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 143800660 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ALTURACU.COM | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CREDIT UNION | TypeOfOrgOtherDescription |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 274 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 656548 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -196892 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 69505474 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 63256044 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 570236 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2011152 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 13050175 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1250 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 83125885 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65268446 | 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 | 19301451 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14892828 | 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 | 83939943 | OtherExpensePriorYear |
| Other Expenses Current Year | 56335244 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 103241394 | TotalExpensesPriorYear |
| Total Expenses Current Year | 71228072 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -20115509 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -5959626 | RevenuesLessExpensesCY |
| Total Assets BOY | 850460305 | TotalAssetsBOY |
| Total Assets EOY | 730749197 | TotalAssetsEOY |
| Total Liabilities BOY | 802538998 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 684037089 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47921307 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46712108 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN FUNDS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, ALTURA CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | ALTURA CREDIT UNION OFFERS TRADITIONAL BANKING SERVICES INCLUDING CHECKING ACCOUNTS, SAVINGS ACCOUNTS, AND INVESTMENT SERVICES (RETIREMENT ACCOUNTS, STOCKS, BONDS, AND MUTUAL FUNDS) FOR PERSONAL AND BUSINESS PURPOSES. IN 2010, IT INTRODUCED MOBILE BANKING. THROUGH A PHONE APPLICATION AVAILABLE FOR IPHONES, ANDROID PHONES, AND BLACKBERRY PHONES, MEMBERS CAN HAVE 24/7 ACCOUNT ACCESS, CHECK THEIR ACCOUNT AND LOAN BALANCES, TRANSFER FUNDS WITHIN AN ACCOUNT, PAY THEIR CREDIT CARD AND LOAN WITHIN AN ACCOUNT, LOCATE BRANCHES AND ATM MACHINES, AND HAVE ACCESS TO OTHER MEMBER SERVICES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALTURA CREDIT UNION OFFERS A WIDE RANGE LINE OF CREDIT PROGRAM TO ITS MEMBERS THAT INCLUDES VEHICLE LOANS, HOME LOANS, PERSONAL LOANS, AND CREDIT CARDS.FOR VEHICLES, THE ORGANIZATION OFFERS FINANCING OR REFINANCING FOR NEW OR USED AUTOMOBILES WITH TERMS UP TO 84 MONTHS. IT ALSO OFFERS FINANCING FOR RECREATIONAL VEHICLES, BOATS, JET SKIS, AND MOTORCYCLES.THE ORGANIZATION OFFERS TRADITIONAL FIXED AND ADJUSTABLE RATE MORTGAGES IN 2010. IN 2010, IT SPECIFICALLY SOUGHT TO ASSIST FIRST-TIME HOMEBUYERS THROUGH A VARIETY OF EFFORTS, INCLUDING FHA HOME LOANS AND A DOWN PAYMENT ASSISTANCE PROGRAM.THE ORGANIZATION OFFERS TWO TYPES OF PERSONAL LOANS: SIGNATURE LOAN AND SECURED LOAN. A SIGNATURE LOAN PROVIDES UP TO $15,000 TO ITS MEMBER FOR ANY PURPOSE. A SECURED LOAN PROVIDES LOANS TO ITS MEMBER THAT IS SECURED BY THE FUNDS IN THE MEMBER'S SAVINS ACCOUNT OR SHARE CERTIFICATE. A SECURED LOAN HAS TERMS UP TO 10 YEARS OR UP TO THE MATURITY DATE FOR A SHARE CERTIFICATE.THE ORGANIZATION ALSO OFFERS A VARIETY OF CREDIT CARDS INCLUDING VISA PLATINUM PREFERRED, VISA PLATINUM AND VISA CLASSIC. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALTURA CREDIT UNION OFFERED 40 FREE CLASSES AND WORKSHOPS IN 2010 TO ITS MEMBERS. THESE CLASSES COVERED A WIDE RANGE OF TOPICS, INCLUDING: REBUILDING AFTER A FINANCIAL CRISIS, BULDING A BETTER BUDGET, UNDERSTANDING YOUR CREDIT SCORE, RECOVER AND SECURE YOUR RETIREMENT INCOME, MEDICARE AND MEDI-CAL INSURANCE, THE ROTH IRA IN 2010, DISCOVER THE 10 MYTHS OF SOCIAL SECURITY, MAINTAINING YOUR LIFESTYLE DURING RETIREMENT, LIFE INSURANCE, AND FIRST-TIME HOMEBUYER.IT ALSO OFFERED FREE ONLINE COURSES ON 19 DIFFERENT TOPICS ENABLING ITS MEMBERS TO EXPLORE DIFFERENT ASPECTS OF FINANCIAL EDUCATION AT THEIR OWN PACE. CLASSES INCLUDED: MONEY MANAGEMENT, CHECKING ACCOUNT MANAGEMENT, THE PSYCHOLOGY OF SPENDING, THE ROAD TO HOME OWNERSHIP, FINANCIAL FIRST AID, FINANCES FOR COLLEGE STUDENTS, AND BUYING A VEHICLE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 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 | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 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 | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 17527 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 274 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| 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 |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK PEDERSEN EVPCFO | NamePerson |
| Telephone Number | 9515715395 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2847 CAMPUS PARKWAY | AddressLine1 |
| City | RIVERSIDE | City |
| State | CA | State |
| ZIP Code | 92507 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| JERRY RIVERA | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| MARK BALYS | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| KEITH DOWNS | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| JACQUELINE HALL | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| RON PARDEE | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| BOB GRAY | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| GLORIA PEREZ | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| LINDA WISHER | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| OFELIA VALDEZ-YEAGER | |||||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||||
| MARK HAWKINS | |||||||||
| PRESIDENT, CFO | 40.00 | 433901 | 0 | 18833 | X | ||||
| JENNIFER BINKLEY | |||||||||
| EVP, COO | 40.00 | 227775 | 0 | 399 | X | ||||
| MARK PEDERSEN | |||||||||
| EVP, CFO | 40.00 | 175000 | 0 | 192 | X | ||||
| SUZANNE KISSLAN | |||||||||
| SVP, LEND & OPS | 40.00 | 198966 | 0 | 380 | X | ||||
| ERIN FULLER | |||||||||
| SVP, HR | 40.00 | 154921 | 0 | 298 | X | ||||
| ROBERT DUFFY | |||||||||
| VP INTERNAL AUDITOR | 40.00 | 129213 | 0 | 9424 | X | ||||
| GLEN CHRZAS | |||||||||
| VP IS | 40.00 | 149644 | 0 | 428 | X | ||||
| CHRISTOPHER TAVARES | |||||||||
| WEALTH MGMT CONSULTANT | 40.00 | 153265 | 0 | 30 | X | ||||
| ERIC SHANKS | |||||||||
| WEALTH MGMT CONSULTANT | 40.00 | 161866 | 0 | 37 | X | ||||
| ANDREW CHABOT | |||||||||
| WEALTH MGMT CONSULTANT | 40.00 | 154647 | 0 | 30 | X | ||||
| DENISE ZAPATA | |||||||||
| WEALTH MGMT CONSULTANT | 40.00 | 133659 | 0 | 19 | X | ||||
| KATHLEEN THAYER | |||||||||
| VP CONTROLLER | 40.00 | 120000 | 0 | 530 | X | ||||
| KEVIN SHERRELL | |||||||||
| VP MEMBER SERVICE | 40.00 | 134000 | 0 | 196 | X | ||||
| RON WOODBURY | |||||||||
| EVP, CIAO | 40.00 | 188445 | 0 | 4441 | X | ||||
| HUGO SILVA | |||||||||
| SVP, CFO | 40.00 | 165320 | 0 | 82 | X | ||||
| MORITZ WOHANKA | |||||||||
| INTERIM CFO | 40.00 | 150000 | 0 | 0 | X | ||||
| MICHAEL KORMOS | |||||||||
| SVP WEALTH MGMT | 40.00 | 172941 | 0 | 14297 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3003563 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 49616 | TotalOtherCompensation |
| Number Individuals GT100 K | 17 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|
| BUSINESS DATA INC | |||||
| PO BOX 6081 | INGLEWOOD | CA | 90312 | STATEMENT/NOTICES MAILING | 777804 |
| ANTHEM BLUE CROSS | |||||
| DEPT 5812 | LOS ANGELES | CA | 90074 | BENEFIT CARRIER | 775400 |
| KAISER | |||||
| PO BOX 80204 WORLDWAY POSTAL CENTE | LOS ANGELES | CA | 90080 | BENEFIT CARRIER | 599857 |
| FTSI | |||||
| PO BOX 379 | PASADENA | CA | 91102 | ATM SERVICES | 576487 |
| AT&T 5019 | |||||
| PO BOX 5019 | CARLO STREAM | IL | 60197 | PHONE SERVICE | 444454 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | 38591052 | 38591052 | |
| FEE INCOME | 522100 | 24664992 | 24009694 | 655298 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 63256044 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1240148 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1240148 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1250 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1250 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1250 | TotalRevenueColumn |
| Unrelated Business Revenue | 1250 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4126400 | Securities |
| Other | 75176818 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4113086 | Securities |
| Other | 74419128 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13314 | Securities |
| Other | 757690 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 771004 | TotalRevenueColumn |
| Related Or Exempt Function Income | 771004 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65268446 | TotalRevenueColumn |
| Related Or Exempt Function Income | 64611898 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 656548 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3003563 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9837595 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1029924 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1021746 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 446355 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150700 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4894996 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 663524 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1551581 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 922585 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1262010 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4069 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90869 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5739487 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2221548 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 428821 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 29396651 |
| LOAN SERVICING EXPENSES | 2946649 |
| UTILITIES | 1144071 |
| MAINTENANCE | 828449 |
| STATEMENT PROCESSING | 819892 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2822987 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71228072 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12342743 | BOY |
| EOY | 9653849 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65062768 | BOY |
| EOY | 82102521 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 595826 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59139122 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 29623393 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32096570 | BOY |
| EOY | 29515729 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22308400 | BOY |
| EOY | 28551664 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 696649309 | BOY |
| EOY | 569377473 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6450310 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15550205 | BOY |
| EOY | 10952135 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 850460305 | BOY |
| EOY | 730749197 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4792416 | BOY |
| EOY | 4854902 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 797746582 | BOY |
| EOY | 679182187 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 802538998 | BOY |
| EOY | 684037089 | 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 | 47921307 | BOY |
| EOY | 46712108 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47921307 | BOY |
| EOY | 46712108 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 850460305 | BOY |
| EOY | 730749197 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -5959626 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4750427 | 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 Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 2500 | PoliticalExpenditures |
| Amt Expended For527 Activities | 2500 | AmtExpendedFor527Activities |
| Total Exmpt Function Expenditures | 2500 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | 1 | Form1120PolFiled |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV, SUPPLEMENTAL INFORMATION: | Identifier |
| Explanation | PART I-C, LINE 5: ALTURA CREDIT UNION CONTRIBUTED TO THE FOLLOWING PAC ORGANIZATION: FRIENDS OF KENN YOUNG P.O. BOX 20825, RIVERSIDE, CA 92516 PAC ID#1305626 AMOUNT OF CONTRIBUTION: $2,500 | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5480571 | OtherCostOrOtherBasis |
| Book Value | 5480571 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29999883 | OtherCostOrOtherBasis |
| Depreciation | 8961516 | Depreciation |
| Book Value | 21038367 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3658806 | OtherCostOrOtherBasis |
| Depreciation | 2346191 | Depreciation |
| Book Value | 1312615 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19999862 | OtherCostOrOtherBasis |
| Depreciation | 18315686 | Depreciation |
| Book Value | 1684176 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 29515729 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LOANS HELD FOR SALE | 3089812 | C |
| ALL OTHER INVESTMENTS | 9214400 | C |
| DEPOSITS IN COMMERCIAL BANKS | 22109050 | C |
| CAPITALIZATION DEPOSIT | 7402009 | C |
| NET LOANS AND LEASES | 527562202 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 569377473 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SHARES AND DEPOSITS | Description |
| Amount | $679,182,187 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 679182187 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | ALTURA CREDIT UNION HAS ADOPTED CERTAIN PROVISIONS OF ASC 740 (FIN 48), ACCOUNTING FOR INCOME TAXES. THE ORGANIZATION HAS REVIEWED ITS TAX POSITION FOR ALL OPEN TAX YEARS AND CONCLUDED THAT THE ADOPTION OF THE PROVISIONS OF ASC 740 (FIN 48) DID NOT HAVE AN IMPACT ON THE FINANCIAL STATEMENT POSITION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK HAWKINS | |||||||||||||
| 396591 | 0 | 18304 | 0 | 19006 | 0 | 16500 | 0 | 2333 | 0 | 452734 | 0 | 0 | 0 |
| JENNIFER BINKLEY | |||||||||||||
| 208550 | 0 | 9625 | 0 | 9600 | 0 | 0 | 0 | 399 | 0 | 228174 | 0 | 0 | 0 |
| MARK PEDERSEN | |||||||||||||
| 175000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 192 | 0 | 175192 | 0 | 0 | 0 |
| SUZANNE KISSLAN | |||||||||||||
| 182159 | 0 | 8407 | 0 | 8400 | 0 | 0 | 0 | 380 | 0 | 199346 | 0 | 0 | 0 |
| ERIN FULLER | |||||||||||||
| 148067 | 0 | 6854 | 0 | 0 | 0 | 0 | 0 | 298 | 0 | 155219 | 0 | 0 | 0 |
| GLEN CHRZAS | |||||||||||||
| 143042 | 0 | 6602 | 0 | 0 | 0 | 0 | 0 | 428 | 0 | 150072 | 0 | 0 | 0 |
| CHRISTOPHER TAVARES | |||||||||||||
| 39000 | 0 | 114265 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 153295 | 0 | 0 | 0 |
| ERIC SHANKS | |||||||||||||
| 39000 | 0 | 122866 | 0 | 0 | 0 | 0 | 0 | 37 | 0 | 161903 | 0 | 0 | 0 |
| ANDREW CHABOT | |||||||||||||
| 39000 | 0 | 115647 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 154677 | 0 | 0 | 0 |
| RON WOODBURY | |||||||||||||
| 183645 | 0 | 0 | 0 | 4800 | 0 | 4000 | 0 | 441 | 0 | 192886 | 0 | 0 | 0 |
| HUGO SILVA | |||||||||||||
| 164900 | 0 | 0 | 0 | 420 | 0 | 0 | 0 | 82 | 0 | 165402 | 0 | 0 | 0 |
| MORITZ WOHANKA | |||||||||||||
| 150000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150000 | 0 | 0 | 0 |
| MICHAEL KORMOS | |||||||||||||
| 110000 | 0 | 62941 | 0 | 0 | 0 | 13968 | 0 | 329 | 0 | 187238 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ALTURA CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. ALTURA CREDIT UNION DOES NOT HAVE STOCKHOLDERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD OF ALTURA CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY THE BY-LAWS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | AT THE END OF EACH TERM OF THE BOARD MEMBERS, THE ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF A MERGER OR DISSOLUTION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CFO REVIEWS THE INFORMATION LISTED ON FORM 990 FOR ACCURACY BEFORE SUBMITTING IT TO THE BOARD OF DIRECTORS FOR APPROVAL. | |
| ACCOUNT STATUS IS REVIEWED FOR DIRECTORS, OFFICERS AND EMPLOYEES AND THERE IS AN ETHICS HOTLINE AVAILABLE FOR USE BY OUR MEMBERS AND EMPLOYEES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| A PERFORMANCE APPRAISAL IS COMPLETED BY THE BOARD OF DIRECTORS. EXTERNAL MARKET DATA IS GATHERED, AND A REPORT ON PROJECTED CEO INCREASES WITH RECOMMENDATIONS IS PREPARED BY AN OUTSIDE FIRM. THE BOARD OF DIRECTORS MEETS TO REVIEW THE DATA AND RECOMMENDS INCREASES AND THE CURRENT TOTAL COMPENSATION PACKAGE OF THE CEO. THE BOARD THEN VOTES ON THE NEW SALARY. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE ORGANIZATION'S GOVERNING DOCUMENTS, CODE OF ETHICS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE MONTHLY FINANCIAL STATEMENTS ARE POSTED IN EACH OF THE BRANCHES. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | PRIOR PERDIOD ADJUSTMENT 4,750,427. TOTAL TO FORM 990, PART XI, LINE 5: 4,750,427. | FORM 990, PART XI, LINE 5: |
| THE OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR. | FORM 990, PART X11, LINE 2C: THERE WERE NO CHANGES IN EITHER |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRION MORTGAGE LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2847 CAMPUS PKWY | AddressLine1 |
| City | RIVERSIDE | City |
| State | CA | State |
| ZIP Code | 92507 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870697287 | EIN |
| Primary Activities | MORTGAGE BROKER | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Total Income | 310626 | TotalIncome |
| EOY Assets | 4656191 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AUTO EXPERTS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2847 CAMPUS PKWY | AddressLine1 |
| City | RIVERSIDE | City |
| State | CA | State |
| ZIP Code | 92507 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383703472 | EIN |
| Primary Activity | PROVIDES AUTO LOCATOR SERVICES | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALTURA GROUP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | 71695 | ShareOfTotalIncome |
| Share Of EOY Assets | 1312042 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
| Percentage Ownership | 1.00000 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ALTURA GROUP INC | |||||||||||
| 2847 CAMPUS PKWY | RIVERSIDE | CA | 92507 | 330466710 | HOLDING COMPANY (INSURANCE ESCROW, CAR SEARCHING) | CA | ALTURA CREDIT UNION | C | 146351 | 8096264 | 1.00000 |
| AMERIT ESCROW INC | |||||||||||
| 2847 CAMPUS PKWY | RIVERSIDE | CA | 92507 | 205623230 | CLOSING LOANS FOR REFINANCES AND PURCHASES | CA | ALTURA GROUP INC | C | -2646 | 1.00000 | |
| PATRION INSURANCE SERVICES INC | |||||||||||
| 2847 CAMPUS PKWY | RIVERSIDE | CA | 92507 | 330715691 | PLACING INSURANCE WITH UNDERWRITERS ON BEHALF OF ITS MEMBERS | CA | ALTURA GROUP INC | C | 616228 | 8480401 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALTURA GROUP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 159421 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |