STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0787574)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-02
IRS object ID: 201132149349300218
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	2011-08-02T13:07:55-00:00	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	590787574	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STATE CHARTERED CREDIT UNIONS IN FLORIDA (akaPRIORITY ONE CREDIT UNION OF F	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STAT	NameControl
Phone	9545727707	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3000 N UNIVERSITY DRIVE	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33322	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	NANCY RAPPAPORT	Name
Title	PRESIDENTCEO	Title
Phone	9545727707	Phone
Date Signed	2011-08-02	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone

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

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	PRIORITY ONE CREDIT UNION OF FLORIDA	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	NANCY RAPPAPORT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3000 NORTH UNIVERSITY DRIVE	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33345	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	5152339	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	www.priorityonefl.org	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1948	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	ENHANCING THE FINANCIAL LIVES OF OUR MEMBERS THROUGH CONSISTENT SERVICE. ENHANCING THE FINANCIAL LIVES OF OUR MEMBERS THROUGH CONSISTENT SERVICE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	44	TotalNbrEmployees
Total Nbr Volunteers	5	TotalNbrVolunteers
Total Gross UBI	127279	TotalGrossUBI
Net Unrelated Business Txbl Income	577	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5432796	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4982159	ProgramServiceRevenueCY
Investment Income Prior Year	118899	InvestmentIncomePriorYear
Investment Income Current Year	170180	InvestmentIncomeCurrentYear
Other Revenue Prior Year	368453	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	5920148	TotalRevenuePriorYear
Total Revenue Current Year	5152339	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1860098	SalariesEtcPriorYear
Salaries Etc Current Year	1801008	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5893242	OtherExpensePriorYear
Other Expenses Current Year	3432423	OtherExpensesCurrentYear
Total Expenses Prior Year	7753340	TotalExpensesPriorYear
Total Expenses Current Year	5233431	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-1833192	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-81092	RevenuesLessExpensesCY
Total Assets BOY	65684894	TotalAssetsBOY
Total Assets EOY	67775520	TotalAssetsEOY
Total Liabilities BOY	58883558	TotalLiabilitiesBOY
Total Liabilities EOY	61055276	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6801336	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	6720244	NetAssetsOrFundBalancesEOY
Mission Description	ENHANCING THE FINANCIAL LIVES OF OUR MEMBERS THROUGH CONSISTENT SERVICE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PRIORITY ONE SERVES BROWARD COUNTY AND OFFERS A FULL ARRAY OF PRODUCTS AND SERVICES INCLUDING DEPOSITORY AND LOAN PRODUCTS, ATM/DEBIT PROGRAM, CAR FINDERS AND ONLINE BANKING. WE ENDED THE YEAR WITH 9,654 MEMBERS. THERE WERE 1105 LOANS GRANTED TOTALING 9,059,937. PRIORITY ONE HAS THREE BRANCH LOCATIONS AND A WIDE ARRAY OF REMOTE OPTIONS THROUGH OUR COOPERATION WITH VARIOUS ATM NETWORKS AND SHARED SERVICE CENTERS.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	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	1954	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	44	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	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	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	NANCY RAPPAPORT	NamePerson
Telephone Number	9543355100	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3000 N UNIVERSITY DR	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33345	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
LEVORA HOLSEY
SECRETARY/TREASURER	001.00	X	0	0	0
ALANA RAGOONAN
AUDIT COMMITTEE CHAIR	001.00	X	0	0	0
RICHARD WEPPLER
CHAIRMAN	001.00	X	0	0	0
JEROMY SCHWAB
VICE CHAIRMAN	001.00	X	0	0	0
DONALD MCMAHON
DIRECTOR	001.00	X	0	0	0
NANCY RAPPAPORT
CEO	040.00		149303	0	6665	X
DEANA HENNESSEY
VP LENDING	040.00		75957	0	6748	X
BIRGITTA SCHINDLER
CONTOLLER	040.00		45918	0	5016	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	271178	TotalReportableCompFromOrg
Total Other Compensation	18429	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FISERV
1250 GRUMMAN PL STE A	TITUSVILLE	FL	32780	DATA PROCESSING	242430
DIGITAL INSIGHT
PO BOX 515306	LOS ANGELES	CA	900516606	WEBSITE MAINTENANCE, ONLINE BILLPAY	112053
BLAXBERG GRAYSON KUKOFF PA
25 SE 2ND AVE STE 730	MIAMI	FL	33131	COLLECTIONS ATTORNEY	158047

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
LOAN INTEREST INCOME	522100	3167294	3167294
FEE/OTHER INCOME	522100	1687586	1687586
CREDIT LIFE/EXTENDED WARRANTY/GAP INS/NON-MEMBER ATM FEES	524298	127279		127279

Field	Value	IRS element (for citing)
Total Program Service Revenue	4982159	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	170180	TotalRevenueColumn
Related Or Exempt Function Income	170180	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5152339	TotalRevenueColumn
Related Or Exempt Function Income	5025060	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	127279	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	289607	Total
Program Services	289607	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	1216325	Total
Program Services	1216325	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	28105	Total
Program Services	28105	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	90083	Total
Program Services	90083	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	176888	Total
Program Services	176888	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	14903	Total
Program Services	14903	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	36996	Total
Program Services	36996	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	116670	Total
Program Services	116670	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	56468	Total
Program Services	56468	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	350971	Total
Program Services	350971	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	333654	Total
Program Services	333654	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	143934	Total
Program Services	143934	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	4912	Total
Program Services	4912	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	60	Total
Program Services	60	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	465421	Total
Program Services	465421	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	166882	Total
Program Services	166882	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	59583	Total
Program Services	59583	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
ATM AND BANK SERVICE CHARGES	231112	231112
LOAN SERVICING	351648	351648
OTHER LOSSES	237927	237927
PROVISION FOR LOAN LOSSES	621655	621655
NCUA INSURANCE PREMIUM ASSESSMENTS	152066	152066

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	87561	Total
Program Services	87561	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5233431	Total
Program Services	5233431	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5061419	BOY
EOY	1640533	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	4227603	BOY
EOY	12658629	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	492306	BOY
EOY	258482	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	49457048	BOY
EOY	44677083	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	72087	BOY
EOY	63296	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4749944	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2889578	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1928695	BOY
EOY	1860366	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	168100	BOY
EOY	150100	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	3379000	BOY
EOY	5630000	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	898636	BOY
EOY	837031	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	65684894	BOY
EOY	67775520	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	649391	BOY
EOY	520546	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	58234167	BOY
EOY	60534730	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	58883558	BOY
EOY	61055276	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	6801336	BOY
EOY	6720244	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6801336	BOY
EOY	6720244	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	65684894	BOY
EOY	67775520	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-81092	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

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

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	788074	OtherCostOrOtherBasis
Book Value	788074	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	594380	OtherCostOrOtherBasis
Depreciation	202489	Depreciation
Book Value	391891	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1990035	OtherCostOrOtherBasis
Depreciation	1518786	Depreciation
Book Value	471249	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1358051	OtherCostOrOtherBasis
Depreciation	1148899	Depreciation
Book Value	209152	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19404	OtherCostOrOtherBasis
Depreciation	19404	Depreciation

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1860366	TotalOfBookValueLandBuildings

Other Securities OtherSecurities

Field	Value	IRS element (for citing)
Description	LONG TERM CERTIFICATES OF DEPOSIT	Description
Book Value	5630000	BookValue
Method Of Valuation	C	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	5630000	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
SHARE ACCOUNTS	$23,475,996
SHARE DRAFT ACCOUNTS	$11,987,887
MONEY MARKET ACCOUNTS	$9,378,798
CLUB ACCOUNTS	$213,304
IRA SHARE ACCOUNTS	$1,753,722
IRA CERTIFICATES	$3,049,401
CERTIFICATES	$10,675,622

Field	Value	IRS element (for citing)
Total Of Amounts	60534730	TotalOfAmounts
Total Revenue	5152339	TotalRevenue
Total Expenses	5233431	TotalExpenses
Excess Or Deficit For Year	-81092	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-81092	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	5152339	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	5152339	RevenueSubtotal
Total Revenue Per Form990	5152339	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5233431	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	5233431	ExpensesSubtotal
Total Expenses Per Form990	5233431	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	X	Identifier
Return Reference	2	ReturnReference
Explanation	FIN 48 IS NOT APPLICABLE.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	NANCY RAPPAPORT	NamePerson
Base Compensation Filing Org	142655	BaseCompensationFilingOrg
Other Compensation Filing Org	6648	OtherCompensationFilingOrg
Deferred Comp Filing Org	5946	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	719	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	155968	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	THE CREDIT UNION HAS MEMBERS.
Form 990 Part VI	7A	THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF THE BOARD OF DIRECTORS.
Form 990 Part VI	12C	THE CREDIT UNION HAS OVERRIDE REPORTS THAT ARE REVIEWED BY THE COMPLIANCE DEPARTMENT WHEN EMPLOYEES TRANSACT ON FLAGGED RELATED-PARTY ACCOUNTS.
Form 990 Part VI	15A	THE CEOS COMPENSATION IS REVIEWED YEARLY BY THE BOARD OF DIRECTORS, WHICH ARE VOLUNTEERS OF THE CREDIT UNION.
Form 990 Part VI	15B	THE COMPENSATION OF KEY EXECUTIVES ARE REVIEWED BY THE CEO AND IS DETERMINED BASED ON INDUSTRY PUBLICATIONS THAT ILLUSTRATE STANDARDS IN CONJUNCTION WITH GOALS SET BY THE CEO.
Form 990 Part VI	11	THE CEO AND CFO WILL REVIEW THE FORM 990 PRIOR TO SUBMITTING TO THE IRS.
Form 990 Part VI	19	GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE NCUA WEBSITE VIA THE 5300 CALL REPORT FILING.