CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 95-1185803)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201143199349305674
- 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 | 2011-11-15T13:07:43-06:00 | 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 | 951185803 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA COAST CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CALI | NameControl |
| Phone | 8774951600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 502080 | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 921502080 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KENNETH HORTON | Name |
| Title | VP FINANCE | Title |
| Phone | 8774951600 | Phone |
| Date Signed | 2011-11-14 | 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 | MARLA SHEPARD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 502080 | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 921502080 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 95759838 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CALCOASTCU.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CREDIT UNION | TypeOfOrgOtherDescription |
| Year Formation | 1929 | 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 | 498 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 115358432 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 88580562 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7671594 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6277604 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 123030026 | TotalRevenuePriorYear |
| Total Revenue Current Year | 94858166 | 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 | 25783971 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 25209187 | 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 | 93940819 | OtherExpensePriorYear |
| Other Expenses Current Year | 61808825 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 119724790 | TotalExpensesPriorYear |
| Total Expenses Current Year | 87018012 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3305236 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7840154 | RevenuesLessExpensesCY |
| Total Assets BOY | 1824029809 | TotalAssetsBOY |
| Total Assets EOY | 1615539608 | TotalAssetsEOY |
| Total Liabilities BOY | 1676304118 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1459436999 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 147725691 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 156102609 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CALIFORNIA COAST CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVING 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 COOPERATIVE, CALIFORNIA COAST CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS 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 | ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH CONSUMER LOANS, I.E., AUTO LINES, VISA AND PERSONAL LINES OF CREDIT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCOMPLISHMENT OF TARGET GOALS IN CONNECTION WITH PROVISION OF MORTGAGE LOAN PRODUCTS TO EXISTING MEMBERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBER SATISFACTION IN CONNECTION WITH SERVICES PERTAINING TO CHECKING/SAVINGS ACCOUNTS, ATTRACTIVE CD RATES, IRA AND SIMILAR ACCOUNTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 1 | 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 | 0 | 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 | 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 | 1 | 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 | 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 | 39481 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 498 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 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 | 1 | 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 | KENNETH HORTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8774951600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 502080 | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 921502080 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| GARY ATKINSON | ||||||||
| CHAIR | 4.00 | X | 0 | 0 | 0 | |||
| DR ROBERT ALTMAN | ||||||||
| VICE CHAIR | 4.00 | X | 0 | 0 | 0 | |||
| FRED MEHLICK | ||||||||
| SECRETARY | 4.00 | X | 0 | 0 | 0 | |||
| DR BARBARA BROOKS | ||||||||
| BOARD MEMBER | 4.00 | X | 0 | 0 | 0 | |||
| ROBERT MICHAELS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD KNOTT | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| TOM ERICKSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| BRUCE HUSSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| STEVE MCMAHON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| ROSS WHITE | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARY JEAN DEL CAMPO | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| BEVERLY LYTTON | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| KATHY MA | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| PEGGY CRANE | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JOSEPH HITT | ||||||||
| SUPV COMMITTEE MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARLA SHEPARD | ||||||||
| PRESIDENT/CEO | 40.00 | 428027 | 0 | 25401 | X | |||
| KATHY CADY | ||||||||
| COO | 40.00 | 229508 | 0 | 20311 | X | |||
| TODD LANE | ||||||||
| CFO | 40.00 | 210284 | 0 | 5139 | X | |||
| RICHARD C YUEN | ||||||||
| SVP, BUSINESS LENDING | 40.00 | 183443 | 0 | 14293 | X | |||
| MITZI G ZARCONE | ||||||||
| SVP, LENDING & COLLECTIONS | 40.00 | 152051 | 0 | 9724 | X | |||
| KEVIN LANDEL | ||||||||
| SVP, IT | 40.00 | 148996 | 0 | 19471 | X | |||
| DARLEEN WILKINS | ||||||||
| SVP, BRANCH OPERATIONS - N | 40.00 | 146641 | 0 | 13189 | X | |||
| LORI DURAN | ||||||||
| SVP, BRANCH OPERATIONS - S | 40.00 | 140952 | 0 | 7963 | X | |||
| ROBERT M MILLER | ||||||||
| SVP, OPERATION | 40.00 | 147420 | 0 | 13510 | X | |||
| KENNETH HORTON | ||||||||
| VP, ACCOUNTING & FINANCE | 40.00 | 123393 | 0 | 21417 | X | |||
| RENE MCKEE | ||||||||
| VP, MARKETING & COMMUNITY RELATIONS | 40.00 | 140849 | 0 | 8214 | X | |||
| SUSAN A WHITELEY | ||||||||
| VP, INFORMATION TECHNOLOGY | 40.00 | 144858 | 0 | 21847 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2196422 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 180479 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | 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 |
|---|---|---|---|---|---|
| THE MEMBERS GROUP | |||||
| PO BOX 10409 | DES MOINES | IA | 10409 | PLASTIC CARD SERVICES | 1091540 |
| FISERV SOLUTIONS INC | |||||
| 75 REMITTANCE DRIVE | CHICAGO | IL | 60675 | MEMBER STATEMENT PROCESSING SERVICE | 1077881 |
| CU COOPERATIVE SYSTEM INC | |||||
| 9692 HAVEN AVE | RANCHO CUCAMONGA | CA | 91730 | PLASTIC CARD NETWORK, CONNECTION SERVICE | 994187 |
| JACK HENRY & ASSOCIATES INC | |||||
| PO BOX 503328 | ST LOUIS | MO | 63150 | IT SERVICES | 777490 |
| PSCU FINANCIALS SERVICES | |||||
| 560 CARILLON PARKWAY | ST PETERSBURG | FL | 33716 | HOME BANKING SERVICES | 498590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 34 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| LOANS | 522100 | 68552733 | 68552733 |
| OTHER INCOME | 522100 | 10524778 | 10524778 |
| FEE INCOME | 522100 | 9503051 | 9503051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 88580562 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6162314 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6162314 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1016962 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 901672 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 115290 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 115290 | TotalRevenueColumn |
| Related Or Exempt Function Income | 115290 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94858166 | TotalRevenueColumn |
| Related Or Exempt Function Income | 94858166 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2196422 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19765158 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212408 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1378835 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1656364 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171527 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87383 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5064195 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 967499 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4457236 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3010112 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4462463 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11742311 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2390109 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3714755 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOAN LOSS | 24258050 |
| LOAN SERVICING | 724474 |
| MISC. EXPENSE | 386787 |
| TRAVEL AND CONFERENCE | 231596 |
| EXAMINATION FEES | 140328 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87018012 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11768501 | BOY |
| EOY | 11238871 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68028088 | BOY |
| EOY | 56211520 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 77624866 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 40531707 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38835151 | BOY |
| EOY | 37093159 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123136481 | BOY |
| EOY | 419302883 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1546840746 | BOY |
| EOY | 1055651421 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4214972 | BOY |
| EOY | 3695529 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31205870 | BOY |
| EOY | 32346225 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1824029809 | BOY |
| EOY | 1615539608 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16204220 | BOY |
| EOY | 16057503 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1660099898 | BOY |
| EOY | 1443379496 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1676304118 | BOY |
| EOY | 1459436999 | 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 | 147725691 | BOY |
| EOY | 156102609 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147725691 | BOY |
| EOY | 156102609 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1824029809 | BOY |
| EOY | 1615539608 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7840154 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 536764 | 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 Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 4400 | PoliticalExpenditures |
Sec527 Pol Orgs Sec527PolOrgs (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Amt Pd From Internal FundsAmtPdFromInternalFunds |
|---|---|---|---|---|---|
| DAVID BAUERFED PAC | |||||
| 2150 RIVER PLAZA DR 150 | SACRAMENTO | CA | 95833 | 263457749 | 2400 |
| MARY SALAS - FOR STATE SENATE PAC | |||||
| PO BOX 120266 | CHULA VISTA | CA | 91912 | 263960915 | 500 |
| SAN DIEGO CREDIT UNION PAC | |||||
| PO BOX 85833 | SAN DIEGO | CA | 921865833 | 743032876 | 1500 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13138736 | OtherCostOrOtherBasis |
| Book Value | 13138736 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29298824 | OtherCostOrOtherBasis |
| Depreciation | 11622582 | Depreciation |
| Book Value | 17676242 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6165464 | OtherCostOrOtherBasis |
| Depreciation | 3790355 | Depreciation |
| Book Value | 2375109 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29021842 | OtherCostOrOtherBasis |
| Depreciation | 25118770 | Depreciation |
| Book Value | 3903072 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 37093159 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| DEPOSITS IN BANKS, S&LS, SAVINGS BANKS | 116833 | C |
| ALL OTHER INVESTMENTS ON CORPORATE CU | 15000000 | C |
| OTHER INVESTMENTS | 17744458 | C |
| LOANS AND LEASES | 1022461998 | C |
| LOANS HELD FOR SALE | 328132 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 1055651421 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBER SHARE DEPOSITS | $1,431,379,496 |
| BORROWINGS | $12,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1443379496 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARLA SHEPARD | |||||||||||||
| 379782 | 0 | 0 | 0 | 48245 | 0 | 6663 | 0 | 18738 | 0 | 453428 | 0 | 0 | 0 |
| KATHY CADY | |||||||||||||
| 208009 | 0 | 0 | 0 | 21499 | 0 | 4787 | 0 | 15524 | 0 | 249819 | 0 | 0 | 0 |
| TODD LANE | |||||||||||||
| 193154 | 0 | 0 | 0 | 17130 | 0 | 4265 | 0 | 874 | 0 | 215423 | 0 | 0 | 0 |
| RICHARD C YUEN | |||||||||||||
| 95489 | 0 | 50000 | 0 | 37954 | 0 | 2777 | 0 | 11516 | 0 | 197736 | 0 | 0 | 0 |
| MITZI G ZARCONE | |||||||||||||
| 136042 | 0 | 0 | 0 | 16009 | 0 | 3046 | 0 | 6678 | 0 | 161775 | 0 | 0 | 0 |
| KEVIN LANDEL | |||||||||||||
| 132046 | 0 | 0 | 0 | 16950 | 0 | 3166 | 0 | 16305 | 0 | 168467 | 0 | 0 | 0 |
| DARLEEN WILKINS | |||||||||||||
| 145423 | 0 | 0 | 0 | 1218 | 0 | 0 | 0 | 13189 | 0 | 159830 | 0 | 0 | 0 |
| ROBERT M MILLER | |||||||||||||
| 139610 | 0 | 0 | 0 | 7810 | 0 | 2992 | 0 | 10518 | 0 | 160930 | 0 | 0 | 0 |
| SUSAN A WHITELEY | |||||||||||||
| 131287 | 0 | 0 | 0 | 13571 | 0 | 2983 | 0 | 18864 | 0 | 166705 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues | Amount Of TransactionAmountOfTransaction |
|---|---|---|---|
| MARLA SHEPARD | |||
| BOARD MEMBER | THE AMOUNT OF TRANSACTION IS BELOW THE REPORTING THRESHOLD. | 0 | |
| MARLA SHEPARD | |||
| HUSBAND OF MARLA SHEPARD IS A PRINCIPAL AT CREDIT UNION'S LEGAL FIRM. | LEGAL FEES | 0 | 163564 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CALIFORNIA COAST CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. CALIFORNIA COAST CREDIT UNION DOES NOT HAVE STOCKHOLDERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD OF CALIFORNIA COAST 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 OUR BY-LAWS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MANAGEMENT AND OPERATIONAL DECISIONS ARE MADE BY THE OFFICERS OF CALIFORNIA COAST CREDIT UNION. HOWEVER, PLANNING, OVERSIGHT AND GOVERNANCE ARE MADE PRIMARILY THROUGH THE GOVERNING BOARD. THE MERGER BETWEEN CALIFORNIA COAST AND FINANCIAL 21 CREDIT UNION WAS SUBJECT TO APPROVAL BY THE NCUA, DFI AND THE STATE OF CALIFORNIA. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PROVIDED TO AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING. | |
| EMPLOYEES REVIEW AND SIGN THE CREDIT UNION'S FRAUD POLICY ANNUALLY; REGULAR EXTERNAL AND INTERNAL AUDITS ARE PERFORMED; AND EMPLOYEE ACCOUNTS ARE MONITORED REGULARLY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE CREDIT UNION USES AN INDEPENDENT CONSULTING FIRM TO REVIEW TITLES AND SALARY LEVELS FOR MANAGER LEVEL AND ABOVE. FOR THE CEO, COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE BUILDING LOBBY AND ARE ALSO AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 536,764. CY TRANSFER TO REGULAR RESERVES | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR | FORM 990, PART XII, LINE 2C: | |
| DESCRIPTION OF EXEMPT FUNCTIONS: | CALIFORNIA COAST CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND WELFARE OF ITS MEMBERS WITH ALL ITS EARNINGS, SAVINGS, BENEFITS, OR SERVICES DISTRIBUTED TO ITS MEMBERS AS PATRONS. THE CREDIT UNION MAINTAINS THAT ALL ITS OPERATIONS ARE CARRIED OUT ACCORDING TO ITS EXEMPT PURPOSES AS SATUTORILY PROVIDED UNDER IRC SECTION 501(C)(14). | FORM 990, PART V, LINE 3A |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA COAST FINANCIAL SERVICES LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9201 SPECTRUM CENTER BLVD | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 92123 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330986534 | EIN |
| Primary Activities | INVESTMENTS | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Total Income | 131133 | TotalIncome |
| EOY Assets | 874847 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA COAST CREDIT UNION | BusinessNameLine1 |