CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO (EIN 84-0459116)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-12
IRS object ID: 201122289349301552
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	2011-08-12T13:19:56-00:00	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	840459116	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ELEVATIONS CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ELEV	NameControl
Phone	3034434672	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 9004	AddressLine1
City	BOULDER	City
State	CO	State
ZIP Code	803019004	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHAEL CALCOTE	Name
Title	CFO	Title
Phone	3034434672	Phone
Date Signed	2011-08-10	DateSigned
Authorize Third Party	true	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

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GERRY AGNES	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 9004	AddressLine1
City	BOULDER	City
State	CO	State
ZIP Code	803019004	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	229288097	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	1948	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.ELEVATIONSCU.COM	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1952	YearFormation
State Legal Domicile	CO	StateLegalDomicile
Activity Or Mission Description	WE PROVIDE SOLUTIONS FOR A BETTER LIFE. WE PROVIDE SOLUTIONS FOR A BETTER LIFE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	306	TotalNbrEmployees
Total Nbr Volunteers	15	TotalNbrVolunteers
Total Gross UBI	390401	TotalGrossUBI
Net Unrelated Business Txbl Income	-167754	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	51345563	ProgramServiceRevenuePriorYear
Program Service Revenue CY	45146968	ProgramServiceRevenueCY
Investment Income Prior Year	7179502	InvestmentIncomePriorYear
Investment Income Current Year	7439873	InvestmentIncomeCurrentYear
Other Revenue Prior Year	3456500	OtherRevenuePriorYear
Other Revenue Current Year	3199162	OtherRevenueCurrentYear
Total Revenue Prior Year	61981565	TotalRevenuePriorYear
Total Revenue Current Year	55786003	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	16260247	SalariesEtcPriorYear
Salaries Etc Current Year	16801884	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	34251655	OtherExpensePriorYear
Other Expenses Current Year	29112700	OtherExpensesCurrentYear
Total Expenses Prior Year	50511902	TotalExpensesPriorYear
Total Expenses Current Year	45914584	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	11469663	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	9871419	RevenuesLessExpensesCY
Total Assets BOY	937235144	TotalAssetsBOY
Total Assets EOY	970641113	TotalAssetsEOY
Total Liabilities BOY	866125363	TotalLiabilitiesBOY
Total Liabilities EOY	887370237	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	71109781	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	83270876	NetAssetsOrFundBalancesEOY
Mission Description	WE PROVIDE SOLUTIONS FOR A BETTER LIFE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	ELEVATIONS SERVES BOULDER AND BROOMFIELD COUNTIES, THE CITY LOVELAND AND THESE US CENSUS TRACTS IN CITY OF WESTMINISTER 1. 8001008528, 2. 8001009325, 3. 8001009408, 4. 8001009409, 5. 8059009826, 6. 8059009825 AND OFFERS A FULL ARRAY OF PRODUCTS AND SERVICES INCLUDING DEPOSITORY AND LOAN PRODUCTS, ATM/DEBIT PROGRAM, FINANCIAL EDUCATION, INSURANCE AND INVESTMENT SALES. WE ENDED THE YEAR WITH 84,527 MEMBERS AND 94,590 SHARE ACCOUNTS. THERE WERE 8,570 LOANS GRANTED TOTALING 298,423,505. ELEVATIONS CURRENTLY OFFERS NINE BRANCH LOCATIONS AND A WIDE ARRAY OF REMOTE OPTIONS THROUGH OUR COOPERATION WITH THE COOP ATM NETWORK, CREDIT UNION SERVICE NETWORK AND ONLINE BANKING OFFERINGS.	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	true	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	20410	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	306	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	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	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	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	true	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	STEVEN SCHMIDLE	NamePerson
Telephone Number	3034434672	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 9004	AddressLine1
City	BOULDER	City
State	CO	State
ZIP Code	803019004	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Highest Compensated EmployeeHighestCompensatedEmployee
GERRY AGNES
CEO	040.00	X	388063	0	22726
MICHAEL CALCOTE
CFO	040.00	X	203749	0	13576
CRAIG BURKHARD
COO	040.00		334662	0	17126	X
ERIC JONES
BOD CHAIRMAN	004.00		0	0	0		X
KATIE LARSON
BOD V. CHAIRMAN	003.00		0	0	0		X
CARROLL BEACH
BOD SECRETARY/TREASURER	003.00		0	0	0		X
JO HETHERINGTON
BOD	003.00		0	0	0		X
JIM MENGHI
BOD	003.00		0	0	0		X
VINCE WAYLAND
BOD	003.00		0	0	0		X
CAROL KRISMANN
BOD	003.00		0	0	0		X
PATRICK SEAL
FINANCIAL ADVISOR	003.00		201312	0	19743			X
MARY KAMMERER
CHIEF SALES SERVICE OFFICER	040.00		181995	0	20085			X
ANNETTE MATTHIES
CHIEF HUMAN RESOURCES OFFICER	040.00		170058	0	15031			X
MICHAEL ROTH
MORTGAGE ORIGINATOR	040.00		154013	0	8348			X
GREG ROLLER
MORTGAGE ORIGINATOR	040.00		144582	0	17828			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1778434	TotalReportableCompFromOrg
Total Other Compensation	134463	TotalOtherCompensation
Number Individuals GT100 K	8	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
CIGNA HEALTHCARE
11095 VIKING DRIVE	EDEN PRAIRIE	MN	55344	HEALTH BENEFITS FOR EMPLOYEES	1660848
FISERV
PO BOX 100893	ATLANTA	GA	30384	CORE SYSTEM	691453
FINANCIAL CONSTRUCTION
3655 WALNUT ST	DENVER	CO	802052434	BRANCH CONSTRUCTION	576440
SETTLEMENT ONE
2605 CAMINO DEL RIO S 4TH FLOOR	SAN DIEGO	CA	92108	APPRAISALS/CREDIT REPORT	564395
CORNERSTONE ADVISORS
4725 N SCOTTSDALE RD	SCOTTSDALE	AZ	852517622	CONSULTING	552654

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	29	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
INTEREST ON LOANS TO MEMBERS	522100	33834976	33834976
FEES AND SERVICE CHARGES	522100	3465859	3465859
INTERCHANGE INCOME	522100	7455732	7455732
UNRELATED BUSINESS INCOME	900099	390401		390401

Field	Value	IRS element (for citing)
Total Program Service Revenue	45146968	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4295797	TotalRevenueColumn
Related Or Exempt Function Income	4295797	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	5868874	Securities
Other	170777296	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	5643831	Securities
Other	167858263	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	225043	Securities
Other	2919033	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	3144076	TotalRevenueColumn
Related Or Exempt Function Income	3144076	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OTHER INCOME	522100	3046872	3046872
INCREASE IN MTC PRICE PER SHARE	522100	152290	152290

Field	Value	IRS element (for citing)
Total Other Revenue	3199162	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	55786003	TotalRevenueColumn
Related Or Exempt Function Income	55395602	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	390401	UnrelatedBusinessRevenue

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	1912897	Total
Program Services	1912897	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	11798785	Total
Program Services	11798785	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	416376	Total
Program Services	416376	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1624217	Total
Program Services	1624217	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1049609	Total
Program Services	1049609	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	78602	Total
Program Services	78602	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	235057	Total
Program Services	235057	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	1258496	Total
Program Services	1258496	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	899258	Total
Program Services	899258	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8411147	Total
Program Services	8411147	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2217721	Total
Program Services	2217721	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	341414	Total
Program Services	341414	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	557274	Total
Program Services	557274	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	5875400	Total
Program Services	5875400	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1445889	Total
Program Services	1445889	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
PROVISION FOR LOAN LOSSES	3342554	3342554
LOAN SERVICING EXPENSE	1081800	1081800
NCUSIF EXPENSE	2072112	2072112
LOSS ON DISPOSAL OF FIXED ASSETS OREO WRITEDOWN	443709	443709
OTHER THAN TEMPORARY IMPAIRMENT - AFS	409228	409228

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	443039	Total
Program Services	443039	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	45914584	Total
Program Services	45914584	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5377385	BOY
EOY	5871044	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	145474764	BOY
EOY	112187144	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4307617	BOY
EOY	5286886	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	621168614	BOY
EOY	607209667	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	767794	BOY
EOY	663945	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	34677863	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	15910930	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	17907227	BOY
EOY	18766933	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	119991823	BOY
EOY	198621034	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	325962	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	22239920	BOY
EOY	21708498	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	937235144	BOY
EOY	970641113	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	6249237	BOY
EOY	12538016	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	3835532	BOY
EOY	4581687	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	856040594	BOY
EOY	870250534	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	866125363	BOY
EOY	887370237	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	71109781	BOY
EOY	83270876	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	71109781	BOY
EOY	83270876	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	937235144	BOY
EOY	970641113	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	9871419	ReconcilationRevenueExpenses
Reconcilation Other Changes	2289676	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)
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	true	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3651888	OtherCostOrOtherBasis
Book Value	3651888	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	14502096	OtherCostOrOtherBasis
Depreciation	3657583	Depreciation
Book Value	10844513	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3263009	OtherCostOrOtherBasis
Depreciation	1551770	Depreciation
Book Value	1711239	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	13260870	OtherCostOrOtherBasis
Depreciation	10701577	Depreciation
Book Value	2559293	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	18766933	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
REGULAR SHARES	$156,083,930
SHARE DRAFT ACCOUNTS	$208,033,396
MONEY MARKET ACCOUNTS	$316,553,462
CERTIFICATES	$135,650,087
IRA CERTIFICATES	$47,254,609
IRA	$6,675,050

Field	Value	IRS element (for citing)
Total Of Amounts	870250534	TotalOfAmounts
Total Revenue	55786003	TotalRevenue
Total Expenses	45914584	TotalExpenses
Excess Or Deficit For Year	9871419	ExcessOrDeficitForYear
Net Unrealized GL On Investments	606008	NetUnrealizedGLOnInvestments
Other	$1,683,668	OtherAmount
Total Adjustments	2289676	TotalAdjustments
Excess Or Deficit Per FS	12161095	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	55566457	TotRevenueEtcAuditedFinclStmt
Other Revenues	157787	OtherRevenues
Revenue Not Rptd F990	157787	RevenueNotRptdF990
Revenue Subtotal	55408670	RevenueSubtotal
Other Revenues Not Included	377333	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	377333	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	55786003	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	45695038	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	157787	OtherExpensesIncluded
Expenses Not Rptd F990	157787	ExpensesNotRptdF990
Expenses Subtotal	45537251	ExpensesSubtotal
Other Expenses Not Included	377333	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	377333	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	45914584	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
XI	8	EQUITY ACQUIRED THROUGH BUSINESS COMBINATION OF 1,499,483 LESS RECLASSIFICATION AJDUSTMENT FOR GAINS INCLUDED IN NET INCOME OF 225,043 PLUS RECLASSIFICATION OF OTTI LOSSES INCLUDED IN NET INCOME OF 409,228.
X	2	FIN 48 IS NOT APPLICABLE.
XII	2D	LOSS ON SALE OF OREO.
XII	4B	GAIN ON LOANS SOLD TO FNMA OF 225,043 PLUS GAIN ON CUSO INVESTMENT OF 152,290.
XIII	2D	LOSS ON SALE OF OREO.
XIII	4B	GAIN ON LOANS SOLD TO FNMAOF 225,043 PLUS GAIN ON CUSO INVESTMENT OF 152,290.

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
Independent Consultant	X	IndependentConsultant
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg
GERRY AGNES
350552	37511	9800	12926	410789
MICHAEL CALCOTE
183416	15333	3385	10191	217325	5000
CRAIG BURKHARD
202400	22404	9206	7920	351788	109858
PATRICK SEAL
18498	2457	8273	11470	221055	180357
MARY KAMMERER
149794	16496	7524	12561	202080	15705
ANNETTE MATTHIES
153360	16698	6992	8039	185089
MICHAEL ROTH
24527	2159		8348	162361	127327
GREG ROLLER
22132	2384	6042	11786	162410	120066

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
I	4A	SEVERANCE PAYMENT MADE TO CRAIG BURKHARD 109,858.
I	4B	A 457F PLAN WAS IN PLACE FOR THE CEO, GERRY AGNES. THE PLAN BEGAN DURING SEPTEMBER 2008 AND THE PAYOUT IS DEPENDENT UPON PERFORMANCE AND EMPLOYMENT OVER A FIVE YEAR PERIOD ENDING IN AUGUST 2013. AS OF DECEMBER 31, 2010, THE ACCRUED LIABILITY RELATED TO THE 457F FOR MR. AGNES WAS 583,333, THE BOOK VALUE OF THE INVESTMENT.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	THE CREDIT UNION HAS MEMBERS.
Form 990 Part VI	7A	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE.
Form 990 Part VI	7B	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODYS ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
Form 990 Part VI	11B	THE ACCOUNTING MANAGER AND VP OF FINANCE PROVIDE NECESSARY RESEARCH AND DATA TO THE PREPARERS OF THE FORM 990. THE VP OF FINANCE AND THE CFO REVIEW THE FORM 990 THE BOARD OR DIRECTORS ARE ALSO PROVIDED WITH A COPY OF THE FORM 990.
Form 990 Part VI	12C	IT IS REQUIRED THAT ALL EMPLOYEES FILL OUT A CONFLICT OF INTEREST AGREEMENT ANNUALLY.
Form 990 Part VI	15B	HUMAN RESOURCES CONDUCTS A COMPREHENSIVE COMPENSATION MARKET ANALYSIS USING THREE DIFFERENT RESOURCES.
Form 990 Part VI	19	FILING OF 5300 CALL REPORT TO NCUA IS PUBLIC AND THE ANNUAL REPORT IS AVAILABLE FOR VIEWING ON OUR WEBSITE. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT PUBLIC.
Form 990 Part XI	5	EQUITY ACQUIRED THROUGH BUSINESS COMBINATION OF 1,499,483 PLUS NET UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE FOR SALE OF 606,008 LESS RECLASSIFICATION ADJUSTMENT FOR GAINS INCLUDED IN NET INCOME OF 225,043 PLUS RECLASSIFICATION OF OTTI LOSSES INCLUDED IN NET INCOME OF 409,228.