2011-11-10T16:11:55-06:00 2010-12-31 CLIFTON GUNDERSON LLP 3003 N CENTRAL AVE STE 500 PHOENIX AZ 85012 990 2010-01-01 850124035 DEL NORTE CREDIT UNION DELN 5054555445 PO BOX 1180 LOS ALAMOS NM 87544 JOHN MOLENDA 5054555445 2011-11-07 1 K FINCHER 6022662248 2010 2016-03-07 17:11:31Z JOHN MOLENDA 3286 CERRILLOS RD SANTA FE NM 87507 20064390 0 X WWW.DNCU.ORG X 1954 NM THE CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 9 9 132 16 34392 -7740 0 0 23592924 20064390 0 0 0 0 23592924 20064390 0 0 0 0 6026372 6337710 0 0 0 12917154 12184267 18943526 18521977 4649398 1542413 351905731 382841406 310411151 339821230 41494580 43020176 DEL NORTE CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 0 0 THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER LOANS, SHARE CERTIFICATES, AND OTHER EXEMPT FUNCTION ACTIVITIES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9132 0 1 132 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 0 1 1 X DEBRA CHAVEZ 5054555445 3286 CERRILLOS RD SANTA FE NM 87507 LUIS ALBA 1.00 X 0 0 0 GERALD GONZALES 1.00 X 0 0 0 DELIA CISNEROS 1.00 X 0 0 0 DOUG FRASER 1.00 X 0 0 0 JULIE FELDMAN 1.00 X 0 0 0 CLYDE LEYBA 1.00 X 0 0 0 BENITO SALAZAR 1.00 X 0 0 0 MICHAEL TRUJILLO 1.00 X 0 0 0 LEVI LOPEZ 1.00 X 0 0 0 DAVID LEE 1.00 X 0 0 0 LEN MONTOYA 1.00 X 0 0 0 ARTHUR SALGADO 1.00 X 0 0 0 ROGER STUTZ 1.00 X 0 0 0 IVIE VIGIL 1.00 X 0 0 0 GARY LEE 1.00 X 0 0 0 DON CLOSE 1.00 X 0 0 0 CHUCK VALENTI 40.00 X X 249670 0 34634 JOHN MOLENDA 40.00 X X 170578 0 16078 KERRY STACY 40.00 X X 135932 0 29460 JIMI MONTOYA 40.00 X X 122673 0 12468 678853 0 92640 4 0 1 0 WILGER ENTERPRISES 425 EDMON NE ALBUQUERQUE NM 87107 CONSTRUCTION CONTRACTS REGARDING CONSTRU 3289255 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING COMPANY 1115301 FISERV DBA USERS INC 75 REMITTANCE DRIVE SUITE 6962 CHICAGO IL 60523 CORE SYSTEM MONTHLY MAINTENANCE PAYMENTS 505481 COOP 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 MONTHLY INSTITUTION FEES RE: PULSE MACHI 135527 ELEVATE MEDIA 1012 MARQUEZ PLACE 105B SANTA FE NM 87506 ADVERTISING 111127 5 PROGRAM SERVICE REVENU 511110 20029998 20029998 UNRELATED BUSINESS INC 523930 34392 34392 20064390 20064390 20029998 34392 0 771493 3849780 265011 1058734 392692 33517 65333 466607 377518 1170226 651427 139541 111115 2618450 864735 193969 PROVISION FOR LOAN LOSS 2327242 OPERATIONS 2224224 LOAN SERVICING EXPENSE 940363 18521977 50161420 70932708 2287144 4892463 243190322 243671763 200644 271388 19190008 4966658 11068157 14223350 40966435 44403171 4031609 4446563 351905731 382841406 2077763 2379870 308333388 337441360 310411151 339821230 X 0 0 0 0 41494580 43020176 41494580 43020176 351905731 382841406 X 1542413 -16817 X X 0 1 1 X 0 2870559 2870559 11733296 1641284 10092012 478744 391033 87711 4107409 2934341 1173068 14223350 OTHER INVESTMENTS - PROGRAM RELATED 44403171 C 44403171 DEFERRED CREDITS 3735 IRA REGULAR SHARES 9019289 IRA SHARE CERTIFICATES 10304654 OTHER LIABILITIES 1691310 REGULAR SHARE CERTIFICATES 91480973 SHARE DRAFT ACCOUNTS 30166493 SHARES 194774906 337441360 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ON JANUARY 1, 2009, THE COMPANY ADOPTED THE PROVISION OF FINANCIAL ACCOUNTING STANDARD BOARD (FASB) ACCOUNTING STANDARD CODIFICATION (ASC) FASB ASC 740-10, ACCOUNTING FOR INCOME TAX. THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN BY THE COMPANY FOR YEARS ENDING DECEMBER 31, 2010 AND 2009. X 1 1 X 0 0 0 CHUCK VALENTI 249670 0 0 0 0 0 18042 0 16592 0 284304 0 0 0 JOHN MOLENDA 170578 0 0 0 0 0 12254 0 3824 0 186656 0 0 0 KERRY STACY 135932 0 0 0 0 0 10195 0 19265 0 165392 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CAPITAL OF DEL NORTE CREDIT UNION SHALL CONSIST OF SHARE ACCOUNTS, MEMBERSHIP SHARES, RESERVES, AND UNDIVIDED EARNINGS. MEMBERSHIP SHARES SHALL HAVE A PAR VALUE OF $5.00 FORM 990, PART VI, SECTION A, LINE 7A IN ALL ELECTIONS EACH MEMBER IN GOOD STANDING SHALL HAVE ONE VOTE RESPECTIVE OF THE NUMBER OF SHARES OR ACCOUNTS HELD BY HIM, HER, OR IT. ELIGIBILITY TO VOTE SHALL BE DETERMINED BY THE FEDERAL TAX IDENTIFICATION NUMBER OF EACH ACCOUNT. MEMBERS WITH MULTIPLE ACCOUNTS WITH THE SAME FEDERAL TAX IDENTIFICATION NUMBER SHALL ONLY BE ENTITLED TO ONE VOTE. ONLY THE PERSON OR ENTITY WHOSE FEDERAL TAX ID NUMBER APPEARS ON THE ACCOUNT MAY VOTE. IF A MEMBER IS A NATURAL PERSON, HE/SHE MUST BE 18 YEARS OF AGE OR OLDER ON THE DATE OF THE ANNUAL MEETING TO VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE CEO AND EVP REVIEW THE RETURNS BEFORE THEY ARE FILED. FORM 990, PART VI, SECTION B, LINE 12C A FORM IS FILLED OUT ANNUALLY BY EACH EMPLOYEE AND KEPT IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MAY HIRE A CHIEF EXECUTIVE OFFICER RESPONSIBLE FOR THE MANAGEMENT OF DEL NORTE CREDIT UNION. SAID CHIEF EXECUTIVE OFFICER SHALL BE KNOWN AS THE PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO). THE PRESIDENT/CEO SHALL NOT BE A MEMBER OF THE BOARD. THE PRESIDENT/CEO SHALL SERVE AT THE DISCRETION OF THE BOARD AND BE SUBJECT TO THE DIRECTION AND APPROVAL OF THE BOARD. THE PRESIDENT/CEO SHALL REPORT AND BE RESPONSIBLE TO THE BOARD. THE CEO DETERMINES KEY EMPLOYEES SALARIES WHICH ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED ON THE DNCU.ORG WEBSITE FOR THE PUBLIC TO VIEW. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 268. NET CHANGE IN FUND BALANCE 11,955. OTHER COMPREHENSIVE INCOME -29,040. TOTAL TO FORM 990, PART XI, LINE 5: -16,817. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. CU ANYTIME LLC 3121 CARLISLE BLVD NE ALBUQUERQUE NM 87110 742814060 SHARED ATM NM NONE RELATED 35220 598614 0 0 CUPR1ME INC 3286 CERRILLOS ROAD SANTA FE NM 875072925 850340201 FINANCIAL SERVICES NM DEL NORTE CREDIT UNION C -4606 209298 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0