TEXANS CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TEXANS CREDIT UNION (EIN 75-0992590)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-11
- IRS object ID
- 201142239349300444
- 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 | 2011-08-11T10:23:40-05:00 | 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 | 801 NICOLLET MALL SUITE 1100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | 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 | 750992590 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXANS CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TEXA | NameControl |
| Phone | 9723482000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 EAST CAMPBELL ROAD | AddressLine1 |
| City | RICHARDSON | City |
| State | TX | State |
| ZIP Code | 75081 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN DURRANCE | Name |
| Title | CFO | Title |
| Phone | 9723482000 | Phone |
| Date Signed | 2011-07-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | COLLIN F BUZZELL | Name |
| Phone | 6125738750 | Phone |
| 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 | MIKE SAUER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 EAST CAMPBELL ROAD | AddressLine1 |
| City | RICHARDSON | City |
| State | TX | State |
| ZIP Code | 75081 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 94371386 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.TEXANSCU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1953 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | TEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW AND IS EXEMPT UNDER SECTION 501(C)(14) FOR THE PURPOSE OF PROVIDING LOANS AND OTHER DEPOSIT SERVICES TO ITS MEMBER OWNERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 469 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 1274063 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -192458 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 85341071 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 76423826 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14810812 | InvestmentIncomePriorYear |
| Investment Income Current Year | 14099000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 20006836 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3848560 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 120158719 | TotalRevenuePriorYear |
| Total Revenue Current Year | 94371386 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 22345839 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 13430567 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 36932440 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 32737947 | 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 | 112466158 | OtherExpensePriorYear |
| Other Expenses Current Year | 90066448 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 171744437 | TotalExpensesPriorYear |
| Total Expenses Current Year | 136234962 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -51585718 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -41863576 | RevenuesLessExpensesCY |
| Total Assets BOY | 1639655840 | TotalAssetsBOY |
| Total Assets EOY | 1588899179 | TotalAssetsEOY |
| Total Liabilities BOY | 1564691377 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1553051373 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 74964463 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 35847806 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE CREDIT UNION IS A MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNION FOCUS IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR MEMBER/OWNERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | LOANS: THE CREDIT UNION PROVIDES LOANS OF ALL TYPES IN MANY DIFFERENT CATEGORIES. THE OFFERINGS INCLUDE CONSUMERS AUTOMOBILE LOANS, UNSECURED LOANS, RESIDENTIAL MORTGAGES LOANS, HOME EQUITY AND HOME IMPROVEMENT LOANS, SMALL BUSINESS AND COMMERCIAL LOANS. AS PART OF THE LOAN PROGRAM THE CREDIT UNION ALSO OFFERS SEVERAL LOAN RELATED INSURANCE PRODUCTS SUCH AS CREDIT LIFE & DISABILITY, MECHANICAL BREAKDOWN AND GAP INSURANCE. DURING 2010 THE CREDIT UNION GRANTED 78,794 LOANS TOTALING $312,876,214. THE CREDIT UNION'S LOAN PORTFOLIO ENDED THE YEAR AT $848,953,771. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SHARE SAVINGS AND CERTIFICATES OF DEPOSITS: THE CREDIT UNION OFFERS A NUMBER OF SHARE SAVINGS ACCOUNTS, MONEY MARKET SAVINGS AND IRA SAVINGS ACCOUNTS. THESE ACCOUNTS PAY DIVIDENDS MONTHLY. OTHER TYPES OF DEPOSIT SAVINGS OFFERINGS INCLUDE CERTIFICATES OF DEPOSIT, BOTH REGULAR MEMBER CERTIFICATES AND IRA CERTIFICATES. THE CERTIFICATES PAY INTEREST ON A MONTHLY BASIS. THE CREDIT UNION'S SHARE SAVINGS PROGRAMS ENDED THE YEAR WITH $1,159,280,190 ON DEPOSIT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHECKING ACCOUNTS: THE CREDIT UNION OFFERS A NUMBER OF CHECKING ACCOUNT PRODUCTS WITH VARYING FEATURES. THE OFFERES UNCLUDE FREE CHECKING FOR THE MEMBER WHO WANTS TO NO SERVICE CHARGE, STUDENT CHECKING FOR THOSE MEMBERS ATTENDING SCHOOL, REWARD AND HIGH DEPOSIT CHECKING FOR THOSE THAT LIKE TO MAINTAIN HIGHER BALANCES, AND BUSINESS CHECKING FOR THOSE MEMBERS WHO RUN A BUSINESS AND NEED ADDITIONAL SERVICES TO ASSIST IN THEIR DAY TO DAY BOOKKEEPING. MANY CHECKING ACCOUNTS HAVE FEATURES THAT INCLUDE ATM ACCESS, ACH AND WIRES SERVICES, DEBIT CARD ACCESS AS WELL AS ON-LINE ACCESS AND BENEFITS SUCH AS BILL PAY. THE CREDIT UNION'S CHECKING PROGRAMS ENDED THE YEAR WITH $358,912,815 ON DEPOSIT. | 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 | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | 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 | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 77844 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 469 | 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRACY MONTEZ ACCOUNTING MANAGER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9723482391 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 EAST CAMPBELL ROAD | AddressLine1 |
| City | RICHARDSON | City |
| State | TX | State |
| ZIP Code | 75081 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JUDITH MOORE | ||||||||
| BOARD CHAIR | 2.00 | X | X | 0 | 18000 | 0 | ||
| STEVE LEVEN | ||||||||
| BOARD VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| ROBERT RIFKIN | ||||||||
| BOARD TREASURER | 2.00 | X | X | 0 | 0 | 0 | ||
| GERALD BORDERS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| STEVE ROEMERMAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 18000 | 0 | |||
| CARL SKOGLUND | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JACK SWINDLE | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| CHUNG-SHING CS LEE | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| DONALD KEY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MIKE SAUER | ||||||||
| PRESIDENT/CEO | 40.00 | X | 353063 | 0 | 43463 | |||
| GREGORY GALLANT | ||||||||
| EVP/COO | 40.00 | X | 236980 | 0 | 51583 | |||
| BILL HENDERSON | ||||||||
| EVP/CFO | 40.00 | X | 186452 | 0 | 142529 | |||
| JAMES CHAMPION | ||||||||
| EVP/CHIEF LENDING OFFICER | 40.00 | 221104 | 0 | 55579 | X | |||
| KEVIN STEWART | ||||||||
| EVP/CHIEF ADMINISTRATIVE O | 40.00 | 198770 | 0 | 56206 | X | |||
| PAMELA ANDERSON | ||||||||
| EVP/CHIEF PEOPLE OFFICER | 40.00 | 205103 | 0 | 4125 | X | |||
| DALE WYNN | ||||||||
| SVP/CHIEF RISK OFFICER | 40.00 | 124394 | 0 | 33268 | X | |||
| CRAIG THOMAS | ||||||||
| VP/LOAN OPERATIONS | 40.00 | 175352 | 0 | -1053 | X | |||
| KIRK HALLUM | ||||||||
| CHIEF TECNOLOGY OFFICER | 40.00 | 144570 | 0 | 16041 | X | |||
| KERRY WHITSON | ||||||||
| SVP/CONTROLLER | 40.00 | 133411 | 0 | 31501 | X | |||
| JEANINE CADENA | ||||||||
| GENERAL COUNSEL | 40.00 | 140742 | 0 | 22503 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2119941 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 36000 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 455745 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 0 | 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 |
|---|---|---|---|---|---|
| VINSON & ELKINS ATTRY | |||||
| 1001 FANNIN STREET | HOUSTON | TX | 77002 | LAW FIRM | 688767 |
| LAKESIDE COMMERCIAL BUILDERS | |||||
| 14670 SH 205 | TERRELL | TX | 75160 | CONSTRUCTION | 373199 |
| MICROSOFT LICENSING GP | |||||
| 1950 N STEMMONS FWY SUITE 5010 LB 8 | DALLAS | TX | 75207 | SOFTWARE LICENSE | 215294 |
| MCGLADREY & PULLEN | |||||
| 5155 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | AUDITORS | 147293 |
| DELL MARKETING LP | |||||
| PO BOX 676021 | DALLAS | TX | 75267 | TECHNICAL SUPPORT | 143188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| INTEREST INCOME - LOAN | 522100 | 54074421 | 54074421 | |
| SERVICE CHARGES & FEES | 522100 | 19258434 | 17984371 | 1274063 |
| MORTGAGE SERVICING | 522100 | 2579135 | 2579135 | |
| OTHER NON-INTEREST INC | 522100 | 511836 | 511836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 76423826 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13230309 | TotalRevenueColumn |
| Exclusion | $13,230,309 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 868691 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 868691 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 868691 | TotalRevenueColumn |
| Exclusion | $868,691 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BROKERAGE & COMMISSION | Description |
| Business Code | 522100 | BusinessCode |
| Total Revenue Column | 3848560 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3848560 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 3848560 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94371386 | TotalRevenueColumn |
| Related Or Exempt Function Income | 78998323 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1274063 | UnrelatedBusinessRevenue |
| Exclusion | $14,099,000 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13430567 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1754957 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22682145 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1302396 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5069321 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1929128 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 638999 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4798544 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 497973 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1737497 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6859669 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2731441 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4399492 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 432333 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9475035 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 420588 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81077 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16932 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7194929 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1811658 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| LOAN LOSS PROVISION | 22825351 |
| ASSET IMPAIRMENT LOSS | 22402763 |
| NCUSIF IMPAIRMENT LOSS | 3742167 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136234962 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 196713678 | BOY |
| EOY | 205173799 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1012455907 | BOY |
| EOY | 892379112 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 49250735 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31349389 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22319385 | BOY |
| EOY | 17901346 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144434918 | BOY |
| EOY | 199755453 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206897947 | BOY |
| EOY | 216852740 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29540622 | BOY |
| EOY | 31217847 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27293383 | BOY |
| EOY | 25618882 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1639655840 | BOY |
| EOY | 1588899179 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32677852 | BOY |
| EOY | 34088530 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 306371 | BOY |
| EOY | 717954 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27583 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1531679571 | BOY |
| EOY | 1518244889 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1564691377 | BOY |
| EOY | 1553051373 | 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 | 74964463 | BOY |
| EOY | 35847806 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74964463 | BOY |
| EOY | 35847806 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1639655840 | BOY |
| EOY | 1588899179 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -41863576 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2746919 | ReconcilationOtherChanges |
| 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4738509 | OtherCostOrOtherBasis |
| Book Value | 4738509 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16201412 | OtherCostOrOtherBasis |
| Depreciation | 7879474 | Depreciation |
| Book Value | 8321938 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28310814 | OtherCostOrOtherBasis |
| Depreciation | 23469915 | Depreciation |
| Book Value | 4840899 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 17901346 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SECURITIES HTM | 113571578 | C |
| OREO | 93040406 | F |
| OTHER | 10240756 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 216852740 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DDA ACCOUNTS | $356,405,256 |
| MONEY MARKET ACCOUNTS | $503,480,822 |
| SAVINGS ACCOUNTS | $342,143,807 |
| CERTIFICATE OF DEPOSITS | $316,210,206 |
| INTEREST AND DIVIDENDS PAYABLE | $4,798 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1518244889 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | TEXANS CREDIT UNION HOLDS FUNDS IN AN ESCROW ACCOUNT TO PAY TAXES AND INSURANCE ON BEHALF OF ITS MORTGAGE LOAN MEMBERS. | |
| PART X: | MANAGEMENT EVALUATED THE CREDIT UNION'S TAX POSITIONS AND CONCLUDED THAT THE CREDIT UNION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF FIN48. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MIKE SAUER | |||||||||||||
| 352717 | 0 | 0 | 0 | 346 | 0 | 30613 | 0 | 12850 | 0 | 396526 | 0 | 0 | 0 |
| GREGORY GALLANT | |||||||||||||
| 235704 | 0 | 0 | 0 | 1276 | 0 | 36004 | 0 | 15579 | 0 | 288563 | 0 | 0 | 0 |
| BILL HENDERSON | |||||||||||||
| 181881 | 0 | 0 | 0 | 4571 | 0 | 129838 | 0 | 12691 | 0 | 328981 | 0 | 0 | 0 |
| JAMES CHAMPION | |||||||||||||
| 221104 | 0 | 0 | 0 | 0 | 0 | 40000 | 0 | 15579 | 0 | 276683 | 0 | 0 | 0 |
| KEVIN STEWART | |||||||||||||
| 189634 | 0 | 0 | 0 | 9136 | 0 | 40655 | 0 | 15551 | 0 | 254976 | 0 | 0 | 0 |
| PAMELA ANDERSON | |||||||||||||
| 41168 | 0 | 0 | 0 | 163935 | 0 | 942 | 0 | 3183 | 0 | 209228 | 0 | 0 | 0 |
| DALE WYNN | |||||||||||||
| 120620 | 0 | 0 | 0 | 3774 | 0 | 18011 | 0 | 15257 | 0 | 157662 | 0 | 0 | 0 |
| CRAIG THOMAS | |||||||||||||
| 116303 | 0 | 0 | 0 | 59049 | 0 | -13887 | 0 | 12834 | 0 | 174299 | 0 | 0 | 0 |
| KIRK HALLUM | |||||||||||||
| 144570 | 0 | 0 | 0 | 0 | 0 | 3400 | 0 | 12641 | 0 | 160611 | 0 | 0 | 0 |
| KERRY WHITSON | |||||||||||||
| 131138 | 0 | 0 | 0 | 2273 | 0 | 20010 | 0 | 11491 | 0 | 164912 | 0 | 0 | 0 |
| JEANINE CADENA | |||||||||||||
| 140026 | 0 | 0 | 0 | 716 | 0 | 15473 | 0 | 7030 | 0 | 163245 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS - EXPENSES MUST BE SUBMITTED ON AN EXPENSE STATEMENT (STANDARD TEXANS OR TI/OTHER SELECT EMPLOYEE GROUP). COVERED EXPENSES WILL INCLUDE: - REASONABLE CHARGES FOR HOTEL ROOM, MEALS, TRANSPORTATION AND MISCELLANEOUS EXPENSES WHILE TRAVELING ON CREDIT UNION BUSINESS. EXPENSES ASSOCIATED WITH SEMINARS/CONFERENCES WILL COVER THE DURATION OF THE MEETINGS PLUS ONE DAY ON EACH SIDE OF MEETINGS IF NEEDED. - TRAVEL REIMBURSEMENT (PER TEXANS' EXPENSE REPORTING POLICY) WILL BE MILEAGE OR COACH FARE AS APPROPRIATE. - EXPENSES ON BEHALF OF A SPOUSE OF A CREDIT UNION DIRECTOR OR OFFICER WHEN ATTENDING A SEMINAR/CONFERENCE WILL BE REIMBURSED BY THE CREDIT UNION. THE DIRECTOR AND OFFICER ATTENDING A SEMINAR/CONFERENCE ARE EXPECTED TO FULLY PARTICIPATE IN THE MAJORITY OF ACTIVITIES AND FUNCTIONS AT THE SEMINAR/CONFERENCE. CREDIT UNION OFFICERS (CEO, COO, AND CFO) ATTENDING A SEMINAR/CONFERENCE WILL ARRANGE THEIR SCHEDULES SO THAT NO MORE THAN TWO (2) OF SAID GROUP WILL BE SCHEDULED TO TRAVEL ON THE SAME FLIGHT. |
| PART I, LINE 4A | PAMELA ANDERSON - $160,142 CRAIG THOMAS - $50,938 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S 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, SECTION B, LINE 11 | THE COMPLETED FORM WILL BE REVIEWED BY THE TCU CFO AND COO. THE FORM WILL BE SIGNED BY THE CFO. THE BOARD OF DIRECTORS WILL ALSO RECEIVE A COPY AT THEIR MONTHLY MEETING. | |
| THE EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO REVIEW AND ACKNOWLEDGE THE REVIEW OF THE POLICIES EVERY OTHER YEAR. THE CREDIT UNION ALSO PROVIDES AN ANONYMOUS REPORTING HOT-LINE WHICH IS MAINTAINED BY A THIRD PARTY AND RESULTS ARE PROVIDED TO THE INTERNAL AUDIT FUNCTION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE DIRECTOR OF HR PROVIDES COMPARATIVE DATA TO THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. THE COMP COMMITTEE WHICH IS MADE UP OF 3 MEMBERS OF THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION ANNUALLY AND DELIBERATES TO MAKE DETERMINATIONS REGARDING THE PERFORMANCE REVIEW PROCESS AND ANNUAL COMPENSATION CHANGES OF THE CEO. THEY ALSO, WHEN APPLICABLE, WILL PROVIDE OVERSIGHT AND APPROVAL OF ANY CREDIT UNION OFFICER'S BONUS PLANS. NOTE: NO BONUS ACTIVITY OCCURRED OR WAS APPROVED FOR YEAR END 2010. | FORM 990, PART VI, SECTION B, LINE 15 | |
| GOVERNING DOCUMENTS THAT ARE REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE PROVIDED USING DIFFERENT METHODS. SOME ARE PROVIDED THROUGH POSTING OF SIGNS IN PUBLIC LOCATIONS SUCH AS THE LOBBIES OF BRANCH OFFICES. OTHER GOVERNING DOCUMENTS/NOTICES THAT REQUIRE ANNUAL MAILINGS ARE PROVIDED TO THE MEMBERSHIP AS REQUIRED BY MAIL. THE WEBSITE IS ALSO USED TO PROVIDE CERTAIN REQUIRED DOCUMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET CHANGE IN DEFINED BENEFIT OBLIGATIONS 1,056,746. NET CHANGE IN POST-RETIREMENT BENEFIT OBLIGATIONS -42,026. NET CHANGE IN UNREALIZED LOSS ON AFS INVESTMENTS 2,737,715. NONCREDIT PORTION - OTHER THAN TEMPORARY IMPAIRMENT OF SECURITIES -1,260,662. NONCONTROLLING INTEREST - OBS HOLDINGS -86,005. NET CREDIT UNION BANK SHARES VALUATION 341,151. TOTAL TO FORM 990, PART XI, LINE 5: 2,746,919. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (21 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| CREDIT UNION LIQUIDITY SERVICES LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 201118819 | WAREHOUSE COMMERCIAL LOANS | TX | 6787532 | 152845715 | TEXANS CREDIT UNION |
| 701 WATSON ROAD LLC | |||||||||
| 777 E CAMPBELL RD STE 700 | RICHARDSON | TX | 75081 | 273358304 | MANAGE & HOLD REO PROPERTY | TX | 4001 | 204220 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TVH PROPERTIES LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 260850823 | MANAGE & HOLD REO PROPERTY | TX | 0 | 0 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-HARTMAN LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 273619379 | MANAGE & HOLD REO PROPERTY | TX | 0 | 408156 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TEEKS1 LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 262626792 | MANAGE & HOLD REO PROPERTY | TX | 11981 | 0 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TEEKS2 LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 264072375 | MANAGE & HOLD REO PROPERTY | TX | 229 | 6039260 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TEEKS3 LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 270977806 | MANAGE & HOLD REO PROPERTY | TX | 4498 | 1233885 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-GSR LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 264678354 | MANAGE & HOLD REO PROPERTY | TX | 261 | 1113484 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-ME LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 270292619 | MANAGE & HOLD REO PROPERTY | TX | 142838 | 1672523 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-PIH LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 270349806 | MANAGE & HOLD REO PROPERTY | TX | 85 | 207022 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-HARBOR LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 273619320 | MANAGE & HOLD REO PROPERTY | TX | 15 | 13948602 | CREDIT UNION LIQUIDITY SERVICES LLC |
| A-1 WORTH LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 270969995 | MANAGE & HOLD REO PROPERTY | TX | 4970 | 0 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-TPP LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 270969995 | MANAGE & HOLD REO PROPERTY | TX | 9 | 12311630 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-PARKER SQUARE LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 272005917 | MANAGE & HOLD REO PROPERTY | TX | 40 | 82004 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-STEVENS RANCH LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 252501972 | MANAGE & HOLD REO PROPERTY | TX | 2 | 27816067 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-QM LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 272491371 | MANAGE & HOLD REO PROPERTY | TX | 6 | 4802263 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-CROWN POINT LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 272416903 | MANAGE & HOLD REO PROPERTY | CO | 1 | 4325256 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-WILMINGTON HOTEL LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 272416554 | MANAGE & HOLD REO PROPERTY | DE | 34 | 1215485 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-HEIGHTS OF KERVILLE LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 273037301 | MANAGE & HOLD REO PROPERTY | TX | 2 | 3756490 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-COTTONWOOOD LLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 273358396 | MANAGE & HOLD REO PROPERTY | TX | 84449 | 1870856 | CREDIT UNION LIQUIDITY SERVICES LLC |
| TF-LINCOLN MALLLLC | |||||||||
| 777 E CAMPBELL RD STE 650 | RICHARDSON | TX | 75081 | 274356028 | MANAGE & HOLD REO PROPERTY | TX | 0 | 13479227 | CREDIT UNION LIQUIDITY SERVICES LLC |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TEXANS CUSO PARTNERS LLC | |||||||||||
| 777 E CAMPBELL RD STE 600 | RICHARDSON | TX | 75081 | 020792757 | SALES OF INSURANCE PRODUCTS & INVESTMENT ADVISORY SERVICES | TX | TEXANS CREDIT UNION | C | 8799070 | 22302447 | 1.00000 |
| PARTNERS TACTICAL SOLUTIONSINC DBA INNOVATIVE SUPPORT SOLUTIONSLLC | |||||||||||
| 777 E CAMPBELL RD STE 700 | RICHARDSON | TX | 75081 | 262819418 | PROVIDES SYSTEM FRAUD SERVICES | TX | CREDIT UNION LIQUIDITY SERVICES LLC | C | 1030876 | 2877020 | 1.00000 |
| OBS HOLDINGS INC | |||||||||||
| 10200 WATERVILLE STREET | WHITEHOUSE | OH | 43571 | 341928292 | BROKER DEALER & INVESTMENT ADVISORY SERVICES | OH | CREDIT UNION LIQUIDITY SERVICES LLC | C | 3272498 | 14531079 | 0.95000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 1 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | 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 | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (12 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| TEXANS CUSO SERVICES DBA TEXANS FINANCIAL | ||
| A | 94082 | ARMS LENGTH EXCHANGE |
| TEXANS CUSO PARTNERS LLC | ||
| A | 73714 | ARMS LENGTH EXCHANGE |
| OBS HOLDINGS INC | ||
| A | 108471 | ARMS LENGTH EXCHANGE |
| TEXANS CUSO PARTNERS LLC | ||
| A | 276573 | ARMS LENGTH EXCHANGE |
| OBS HOLDINGS INC | ||
| D | 707418 | ARMS LENGTH EXCHANGE |
| PARTNERS TACTICAL SOLUTIONSISS INFORMANT | ||
| N | 142216 | ARMS LENGTH EXCHANGE |
| OBS HOLDINGS INC | ||
| N | 60000 | ARMS LENGTH EXCHANGE |
| TEXANS CUSO PARTNERS LLC | ||
| B | 10734311 | ARMS LENGTH EXCHANGE |
| OBS HOLDINGS INC | ||
| B | 11246759 | ARMS LENGTH EXCHANGE |
| TEXANS CUSO SERVICES DBA TEXANS FINANCIAL | ||
| P | 253861 | ARMS LENGTH EXCHANGE |
| TEXANS CUSO PARTNERS LLC | ||
| P | 265765 | ARMS LENGTH EXCHANGE |
| PARTNERS TACTICAL SOLUTIONSISS INFORMANT | ||
| P | 50131 | ARMS LENGTH EXCHANGE |