CALIFORNIA BEAR CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CALIFORNIA BEAR CREDIT UNION (EIN 95-0598145)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-07
- IRS object ID
- 201123119349300497
- 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 | 2011-11-07T19:16:46-06:00 | 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 | TURNER WARREN HWANG & CONRAD ACCTCY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 NORTH FIRST ST STE 202 | AddressLine1 |
| City | BURBANK | City |
| State | CA | State |
| ZIP Code | 91502 | 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 | 950598145 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA BEAR CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CALI | NameControl |
| Phone | 2138304114 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 SFIGUEROA STREET NO 180 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90013 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT YORK | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 2138304100 | Phone |
| Date Signed | 2011-10-31 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8189549700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERT YORK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 SFIGUEROA STREET NO 180 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6093980 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CALBEARCU.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CREDIT UNION | TypeOfOrgOtherDescription |
| Year Formation | 1933 | 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 | 28 | TotalNbrEmployees |
| Total Nbr Volunteers | 12 | TotalNbrVolunteers |
| Total Gross UBI | -204010 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -216548 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5666503 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5126361 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 740198 | InvestmentIncomePriorYear |
| Investment Income Current Year | 580808 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6406701 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5707169 | 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 | 2349573 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1865238 | 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 | 7142256 | OtherExpensePriorYear |
| Other Expenses Current Year | 3266121 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9491829 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5131359 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3085128 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 575810 | RevenuesLessExpensesCY |
| Total Assets BOY | 104284784 | TotalAssetsBOY |
| Total Assets EOY | 105007728 | TotalAssetsEOY |
| Total Liabilities BOY | 98066904 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 98144606 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6217880 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 6863122 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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 MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, CALIFORNIA BEAR CREDIT UNION CONDUCTSITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS 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 | AS A MEMBER OWNED COOPERATIVE, CALIFORNIA BEAR CREDIT UNION PROVIDED OVERDRAFT PROTECTION SERVICES TO ITS MEMBERS AT AN AVERAGE COST REDUCTION OF $7.00 PER ITEM COMPARED TO BANKS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | AS A MEMBER OWNED COOPERATIVE, CALIFORNIA BEAR CREDIT UNION WORKED DILIGENTLY IN HELPING ITS MEMBER AND BUSINESS OWNERS TO KEEP THEIR HOMES AND BUSINESS BY AGREEING TO LOAN MODIFICATIONS THAT ALLOWED MEMBERS TO RETAIN THEIR HOMES AND BUSINESS OWNERS THEIR BUSINESSES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CALIFORNIA BEAR CREDIT UNION PROVIDES ATM SERVICES TO ITS MEMBERS FREE OF CHARGE FOR USE OF THE COOP ATM NETWORK, AND IT PROVIDES ATM ACCESSIBILITY FOR NON-MEMBERS AT A MARGINAL USAGE FEE THAT IS ON AVERAGE 50% LOWER OF THOSE FEES IMPOSED BY BANKS FOR ATM USE OF THEIR ATM BY NON-MEMBERS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3363 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 28 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAVIER D'AGUSTINI | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2138304100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 S FIGUEROA STREET SUITE 180 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| N GREG TAYLOR | ||||||
| CHAIRMAN OF THE BOARD | 1.00 | X | 0 | 0 | 0 | |
| HAROLD ENTZ | ||||||
| BOARD VICE-CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |
| THEO WALKER | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| SHERMAN GRANCELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MERLE DEMROFF | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NICK CHRISTOPULOS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MIKE MILES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT SASSAMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| VITO MODUGNO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARTA ZARAGOZA | ||||||
| SUPV CMTE MEMBER | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM YATES | ||||||
| SUPV CMTE MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KARTH DRACHAND | ||||||
| SUPV CMTE MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JENNIFER OLIVER | ||||||
| FORMER CEO | 40.00 | 139125 | 0 | 8113 | X | |
| ROBERT YORK | ||||||
| CEO | 40.00 | 92238 | 0 | 13286 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 231363 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 21399 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JACK HENRY & ASSOCIATES INC | |||||
| P O BOX 503328 | ST LOUIS | MO | 631503328 | IN HOUSE COMPUTER SUPPORT AND PROGRAMMIN | 116441 |
| BUSINESS DATA INC | |||||
| P O BOX 6081 | INGLEWOOD | CA | 903126081 | MARKETING, PRINTING & MAILING | 111510 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST ON LOANS | 522100 | 3720475 | 3720475 | |
| FEE INCOME | 522100 | 1205950 | 1190440 | 15510 |
| OTHER OPERATING INCOME | 522100 | 199936 | 188098 | 11838 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5126361 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 824883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 824883 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 142736 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 386811 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -244075 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -244075 | TotalRevenueColumn |
| Related Or Exempt Function Income | -12717 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -231358 | UnrelatedBusinessRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5707169 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5911179 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -204010 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231363 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1520258 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113617 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74719 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66000 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24627 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320834 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 741977 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233429 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241001 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| OFFICE OPERATIONS EXP | 984405 |
| PROV LOAN & LEASE LOSS | 224051 |
| EDUCATIONAL & PROMOTION | 108454 |
| LOAN SERVICING EXPENSE | 104941 |
| MISCELLANEOUS OPERATING | 98934 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42749 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5131359 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 683159 | BOY |
| EOY | 467678 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9274067 | BOY |
| EOY | 7854721 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 578293 | BOY |
| EOY | 665501 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3611432 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2717497 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1094660 | BOY |
| EOY | 893935 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14498177 | BOY |
| EOY | 23214602 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70704077 | BOY |
| EOY | 61127394 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7452351 | BOY |
| EOY | 10783897 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104284784 | BOY |
| EOY | 105007728 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1223720 | BOY |
| EOY | 1160357 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96843184 | BOY |
| EOY | 96984249 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98066904 | BOY |
| EOY | 98144606 | 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 | 6217880 | BOY |
| EOY | 6863122 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6217880 | BOY |
| EOY | 6863122 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104284784 | BOY |
| EOY | 105007728 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 575810 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 69432 | 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 Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1693394 | OtherCostOrOtherBasis |
| Depreciation | 1117193 | Depreciation |
| Book Value | 576201 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1918038 | OtherCostOrOtherBasis |
| Depreciation | 1600304 | Depreciation |
| Book Value | 317734 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 893935 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| DEPOSITS IN COMMERCIAL BANKS | 3824000 | F |
| ALL OTHER INVESTMENTS IN CORPORATE CU | 4000000 | F |
| NET LOAN & LEASES | 52366802 | F |
| NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT | 936592 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 61127394 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| FORECLOSED AND REPOSSESSED ASSETS | 317400 |
| ACCRUED INTEREST ON LOANS | 235083 |
| ACCRUED INTEREST ON INVESTMENTS | 117298 |
| ALL OTHER ASSETS | 10114116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 10783897 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TOTAL SHARES & DEPOSITS | Description |
| Amount | $96,984,249 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 96984249 | 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 | AT MARCH 31, 2011, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. THE CREDIT UNION IS NOT SUBJECT TO EXAMINATION BY U.S. FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2006. FOR THE YEAR ENDED MARCH 31, 2011, THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED A LIABILITY FOR THE PAYMENT OF INTEREST OR PENALTIES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Schedule L IRS990ScheduleL
Loan Table LoanTable (18 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| ROBERT YORK | ||||||
| MORTGAGE LOAN | X | $168,350 | 163753 | 0 | 0 | 1 |
| ROBERT YORK | ||||||
| AUTO LOAN | X | $27,458 | 20580 | 0 | 0 | 1 |
| NICK CHRISTOPULOS | ||||||
| VISA | X | $9,229 | 7463 | 0 | 1 | 1 |
| MERLE D DEMROFF | ||||||
| AUTO LOAN | X | $140,900 | 76384 | 0 | 1 | 1 |
| ROBERT SASSAMAN | ||||||
| VISA | X | $15,000 | 207 | 0 | 1 | 1 |
| TAYLOR NORMAN | ||||||
| AUTO LOAN | X | $30,724 | 23232 | 0 | 1 | 1 |
| THEDOSHIA WALKER | ||||||
| AUTO LOAN | X | $16,666 | 9514 | 0 | 1 | 1 |
| THEDOSHIA WALKER | ||||||
| SIGNATURE | X | $12,500 | 8126 | 0 | 1 | 1 |
| THEDOSHIA WALKER | ||||||
| VISA | X | $4,183 | 2483 | 0 | 1 | 1 |
| VITO MODUGNO | ||||||
| AMORTIZED HELOC | X | $177,291 | 181473 | 0 | 1 | 1 |
| VITO MODUGNO | ||||||
| VISA | X | $49,745 | 46601 | 0 | 1 | 1 |
| SHERMAN GRANCELL TRUST | ||||||
| VISA | X | $17,979 | 626 | 0 | 1 | 1 |
| MARTA ZARAGOZA | ||||||
| SIGNATURE | X | $9,500 | 9105 | 0 | 1 | 1 |
| MARTA ZARAGOZA | ||||||
| AUTO LOAN | X | $5,487 | 2699 | 0 | 1 | 1 |
| MARTA ZARAGOZA | ||||||
| VISA | X | $21,000 | 20660 | 0 | 1 | 1 |
| WILLIAM YATES | ||||||
| SIGNATURE | X | $7,000 | 1169 | 0 | 1 | 1 |
| KARTH DRACHAND | ||||||
| AUTO LOAN | X | $17,924 | 194 | 0 | 1 | 1 |
| DAVID ZITCH | ||||||
| MORTGAGE LOAN | X | $170,000 | 91232 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 665501 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CALIFORNIA BEAR CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. CALIFORNIA BEAR CREDIT UNION DOES NOT HAVE STOCKHOLDERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD OF CALIFORNIA BEAR 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 | MANAGEMENT AND OPERATIONAL DECISIONS ARE MADE BY THE OFFICERS OF CALIFORNIA BEAR CREDIT UNION. HOWEVER PLANNING, OVERSIGHT AND GOVERNANCE ARE MADE PRIMARILY THROUGH THE GOVERNING BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF FORM 990 AND RELATED SCHEDULES IS PRESENTED TO THE BOARD AT THE BOARD MEETING FOR REVIEW AND DISCUSSION. CHANGES AND MODIFICATIONS ARE THEN TAKEN INTO ACCOUNT FOR FINAL COMPLETION AND APPROVAL. | |
| EMPLOYEES ARE GIVEN AN EMPLOYEE HAND-BOOK THAT CONTAINS ALL THE POLICIES OF THE CREDIT UNION AT THE TIME OF HIRING. THERE IS NO OTHER PROCESS IN PLACE TO MONITOR EMPLOYEES FOR ADHERANCE TO THIS POLICY. WE ARE MAKING A CHANGE TO ISSUE A HARD COPY OF THE POLICY ONCE A YEAR AND HAVE THE EMPLOYEES ACKNOWLEDGE THAT BY SIGNING THE POLICY AND RETURNING BACK TO HR. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION OF THE ORGANIZATION'S CEO IS APPROVED AT HIRING BY THE BOARD OF DIRECTORS BASED ON MARKET RESEARCH DATA PROVIDED BY AN OUTSIDE SOURCE NAMED COMPEASE, BUT THERE IS NOT A FORMAL REVIEW BY AN INDEPENDENT PARTY SUCH AS A BENEFITS/SALARIES RESEARCH CONSULTANT/AUDITOR TO DETERMINE IF APPROPRIATE. ALL COMPENSATION IS REVIEWED BY AUDITORS AND EXAMINERS BUT IT IS NOT INTENDED AS A FORMAL APPROVED REVIEW. COMPENSATION FOR OTHER KEY EMPLOYEES IS APPROVED BY THE CEO BASED ON DATA PROVIDED BY COMPEASE. COMPENSATION FOR OTHER KEY EMPLOYEES IS APPROVED BY THE CEO BASED ON DATA PROVIDED BY COMPEASE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE BUILDING LOBBY AND MADE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 69,432. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. | FORM 990, PART XII, LINE 2C: |