Civic Intelligence

American First Credit Union

990 • Fiscal year 2014 • EIN 33-0358683

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 29, 2015

700 N Harbor BlvdLA Habra, CA 90631

(800) 290-1112

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.89x

Higher debt load relative to assets than 50% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

19.22x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$377,602

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

8th percentile

0.4%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-15%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Assets

Up

$497,684,172

Up $1,847,336 (+0.4%) from 2013

Net Assets

Up

$52,598,664

Up $5,599,499 (+12%) from 2013

Liabilities

Down

$445,085,508

Down $3,752,163 (-0.8%) from 2013

Revenue

Down

$23,158,648

Down $4,179,205 (-15%) from 2013

Expenses

Down

$18,168,895

Down $55,067 (-0.3%) from 2013

Net Income

Down

$4,989,753

Down $4,124,138 (-45%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5B$1.0B$500M$0Assets 2010: $550,898,917Liabilities 2010: $515,020,849Net Assets 2010: $35,878,0682010Assets 2011: $513,595,277Liabilities 2011: $477,125,156Net Assets 2011: $36,470,1212011Assets 2012: $503,396,963Liabilities 2012: $464,296,084Net Assets 2012: $39,100,8792012Assets 2013: $495,836,836Liabilities 2013: $448,837,671Net Assets 2013: $46,999,1652013Assets 2014: $497,684,172Liabilities 2014: $445,085,508Net Assets 2014: $52,598,6642014Assets 2015: $557,237,162Liabilities 2015: $500,898,619Net Assets 2015: $56,338,5432015Assets 2016: $658,176,498Liabilities 2016: $596,975,677Net Assets 2016: $61,200,8212016Assets 2017: $734,890,873Liabilities 2017: $669,031,831Net Assets 2017: $65,859,0422017Assets 2018: $782,981,054Liabilities 2018: $708,204,918Net Assets 2018: $74,776,1362018Assets 2020: $817,836,025Liabilities 2020: $731,554,762Net Assets 2020: $86,281,2632020Assets 2021: $842,360,435Liabilities 2021: $749,055,461Net Assets 2021: $93,304,9742021Assets 2024: $1,001,654,896Liabilities 2024: $907,871,918Net Assets 2024: $93,782,9782024

Highlighted filing

2014

Assets$497,684,172
Liabilities$445,085,508
Net Assets$52,598,664

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Expenses 2010: $35,823,2482010Expenses 2011: $27,931,6612011Expenses 2012: $22,469,9252012Revenue 2013: $27,337,853Expenses 2013: $18,223,962Net Income 2013: $9,113,8912013Revenue 2014: $23,158,648Expenses 2014: $18,168,895Net Income 2014: $4,989,7532014Revenue 2015: $23,316,024Expenses 2015: $19,431,223Net Income 2015: $3,884,8012015Revenue 2016: $26,641,075Expenses 2016: $21,761,890Net Income 2016: $4,879,1852016Revenue 2017: $29,688,125Expenses 2017: $24,972,375Net Income 2017: $4,715,7502017Revenue 2018: $37,408,974Expenses 2018: $28,880,308Net Income 2018: $8,528,6662018Revenue 2020: $37,159,710Expenses 2020: $33,585,267Net Income 2020: $3,574,4432020Revenue 2021: $36,268,439Expenses 2021: $28,075,649Net Income 2021: $8,192,7902021Revenue 2024: $54,783,936Expenses 2024: $52,857,171Net Income 2024: $1,926,7652024

Highlighted filing

2014

Revenue$23,158,648
Expenses$18,168,895
Net Income$4,989,753
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 29, 2015
Return Version
2014v5.0
Gross Receipts
$64,606,114
Mission and Program Overview

Mission

A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, american first credit union conductsits business for the mutual benefit and general welfare of itsmembers with the earnings, savings, benefits, or services of the credit union being distributed to its members as patrons.

A cooperative, organized for the purpose of promoting thrift and savings among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$294,874,636$337,086,635▲ $42,211,999
Investments in Publicly Traded Securities$76,598,143$111,251,576▲ $34,653,433
Rtn Earn Endowment Incm Other Fnds$46,999,165$52,598,664▲ $5,599,499
Savings and Temporary Cash Investments$108,968,010$33,922,776▼ $75,045,234
Land, Buildings, and Equipment, Net$3,384,643$3,354,110▼ $30,533
Cash and Non-Interest-Bearing Accounts$789,497$881,855▲ $92,358
Prepaid Expenses and Deferred Charges$456,257$571,088▲ $114,831
Receivables From Officers Etc$148,227$210,965▲ $62,738
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$495,836,836$497,684,172▲ $1,847,336
Other Assets Total$10,617,423$10,405,167▼ $212,256
Liabilities
Other Liabilities$445,462,255$441,658,651▼ $3,803,604
Accounts Payable and Accrued Expenses$3,375,416$3,426,857▲ $51,441
Total Liabilities$448,837,671$445,085,508▼ $3,752,163
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,999,165$52,598,664▲ $5,599,499
Total Liabilities and Net Assets / Fund Balance$495,836,836$497,684,172▲ $1,847,336

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$566,799$4,747,036$5,313,835
Buildings$1,460,519$1,985,334$3,445,853
Land$1,250,000-$1,250,000
Leasehold Improvements$76,792$537,660$614,452
Investment Program Related Org$249,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon ShigematsuCEO/presidentFT$291,368$86,234$377,602
Chris LawrenceCFOFT$185,777$26,963$212,740
Theresa DavyCOOFT$166,640$25,876$192,516
Paul WelchVP Risk ManagementFT$146,912$24,616$171,528
Tam-hao NguyenVP Accounting & Corp ContFT$151,167$16,821$167,988
Michael RossBus Dev Real Estate Loan AgentFT$21,606$136,693$158,299
Elsa MontesDirector of MarketingFT$128,701$3,274$131,975
Michael WelchVP LendingFT$116,868$12,243$129,111

Board Members and Trustees

NameTitle
Danny DossChairperson
Eric LedesmaSupv Cmte Chairperson
Tom CookVice Chairperson
Amanda SecolaBoard Member
Don KocherhansBoard Member
George ConnaghanBoard Member
Jason PhilibertBoard Member
Patti MalottSecretary/treasurer
David WeedSupv Cmte Member
Donna BrooksSupv Cmte Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Digital Insight CorpHome/mobile BankingPO BOX 515306, Los Angeles, CA 90051-6606$439,869
FiservCore System Maintenance75 REMITTANCE DR STE 6945, Chicago, IL 60675$387,893
Crowe Horwath LLPAudit ServicesPO BOX 145415, Cincinnati, OH 45250$189,934
Business Data INCMarketing ServicesPO BOX 6081, Inglewood, CA 90312-6081$108,484
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,310,178
Investment Income
$2,162,475
Other Revenue
$2,685,995
Change in Net Assets
$4,989,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,898,507
Salaries, Compensation, and Employee Benefits$8,266,188
Grants and Similar Amounts Paid$4,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,019,898
Interest---$2,856,174
Fees for Services Other---$1,906,501
Current Officers, Directors, Trustees, and Key Employees---$1,425,038
Other Employee Benefits---$1,057,830
Information Technology---$1,006,358
Office Expenses---$950,233
Payroll Taxes---$580,201
Depreciation Depletion---$509,001
Occupancy---$459,475
Advertising---$313,767
Fees for Services Accounting---$282,705
Pension Plan Contributions---$183,221
Travel---$147,800
Fees for Services Legal---$93,936
Other Expenses---$49,421
Insurance---$29,924
Grants to Domestic Orgs---$4,200
Total Functional Expenses$0$0$0$18,168,895
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$148,227$210,965▲ $62,738
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$441,609,642
Non-trading Derivative$49,009
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

In 2014, the credit union formally increased the number of voting members from 5 to 7.

Form 990, Part VI, Section A, Line 6

American first 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. American first credit union does not have stockholders.

Form 990, Part VI, Section A, Line 7A

The governing board of american first 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

At the end of each term of the board members, elections are held and board members are voted by the members of the credit union pursuant to its by-laws. Member votes are also required to ratify decisions dealing with reorganizations as in the case of merger or dissolution.

Form 990, Part VI, Section B, Line 11

The 990 is provided to the bod who recommends changes when necessary.

Form 990, Part VI, Section B, Line 12C

The credit union conflict of interest and ethics policy is monitored on a regular basis. Compliance is monitored through third party audits, the internal audit staff and compliance departments. Related party transactions are reported to the governing body for review and appropriateness.

Form 990, Part VI, Section B, Line 15

The ceo compensation is determined by the organization's governing body. The board reviews the ceo's accomplishments, credit union financial position, other executive salaries and industry compensation surveys for ranges in like positions within the industry in determining the appropriate salary. The salary and compensation of other officers of the organization are determined by the ceo and chief operating officer. Compensation levels are determined through the use of third party vendors that supply industry compensation information for like organizations by asset size and regional compensation trends. Minimum and maximum compensation ranges are established for each position.

Form 990, Part VI, Section C, Line 19

The organizations conflict of interest policy is available upon request to members of the organization.

Filing and Contact Details

Filer

Filer Name
American First Credit Union
EIN
33-0358683
Phone
8002901112
Address
700 N HARBOR BLVD, LA HABRA, CA 90631

Signing Officer

Name
Chris Lawrence
Title
CFO
Phone
8002901112
Signed
2015-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Shigematsu
Formed
1989
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
144
Volunteers
10

Preparer

Firm
Turner Warren Hwang & Conrad Acctcy
Address
100 NORTH FIRST ST STE 202, BURBANK, CA 91502
Preparer
Valentino Creus CPA
Phone
8189549700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees 1,906,501.

FORM 990, PART XI, LINE 9:

Adjustment to undivided earnings 568.

FORM 990, PART XII, LINE 2C:

The organization has not changed either its oversight process or selection process during the tax year. See attached form 3115 for american first credit union (33-0358683).

Financial Statement Notes

PART X, LINE 2:

Fasb asc 740-10-65, income taxes, provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the consolidated financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the credit union's tax returns to determine whether the tax positions are "more likely than not" to be sustained "when challenged" or "when examined" by the applicable tax authority. Tax positions deemed to not meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. For the year ended december 31, 2014, management has determined that there are no material uncertain tax positions. The credit union is not subject to examination by u.s. Federal tax authorities for tax years before 2011 and by state tax authorities for tax years before 2010.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10332713
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11193307
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12181089
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13165136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14154549
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15152675
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16128701
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17116868
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SUPV CMTE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8SUPV CMTE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SUPV CMTE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12COO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP RISK MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14BUS DEV REAL ESTATE LOAN AGENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP ACCOUNTING & CORP CONT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP LENDING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01989
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GainOrLossGrp/SecuritiesAmt0-18537
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04200
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01015
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IRS990/GrossReceiptsAmt064606114
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01006358
IRS990/InsuranceGrp/TotalAmt029924
IRS990/InterestGrp/TotalAmt02856174
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02190541
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02190541
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0294874636
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0337086635
IRS990/InvestmentsPubTradedSecGrp/BOYAmt076598143
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0111251576
IRS990/IRPDocumentCnt016236
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07270030
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03384643
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03354110
IRS990/LandBldgEquipCostOrOtherBssAmt010624140
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010544
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt041436922
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, AMERICAN FIRST CREDIT UNION CONDUCTSITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt046999165
IRS990/NetAssetsOrFundBalancesEOYAmt052598664
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-28066
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-28066
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0609178
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0459475
IRS990/OfficeExpensesGrp/TotalAmt0950233
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010617423
IRS990/OtherAssetsTotalGrp/EOYAmt010405167
IRS990/OtherChangesInNetAssetsAmt0568
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01057830
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/Desc1MISC. OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2LOSS ON NON-TRADING DER
IRS990/OtherExpensesGrp/Desc3OPERATING FEES
IRS990/OtherExpensesGrp/TotalAmt0979395
IRS990/OtherExpensesGrp/TotalAmt1228674
IRS990/OtherExpensesGrp/TotalAmt285143
IRS990/OtherExpensesGrp/TotalAmt349421
IRS990/OtherLiabilitiesGrp/BOYAmt0445462255
IRS990/OtherLiabilitiesGrp/EOYAmt0441658651
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0PROV FOR LOAN LOSSES
IRS990/OtherRevenueMiscGrp/Desc1OTHER NON-OPERATING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02678142
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17853
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02678142
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17853
IRS990/OtherRevenueTotalAmt02685995
IRS990/OtherSalariesAndWagesGrp/TotalAmt05019898
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0580201
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0183221
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0456257
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0571088
IRS990/PrincipalOfficerNm0JON SHIGEMATSU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011861982
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14068110
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22189931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011861982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14258265
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22189931
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0190155
IRS990/ProgSrvcAccomActy2Grp/Desc0ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH CONSUMER AND REAL ESTATE LOANS, I.E., AUTO LINES, VISA, 1ST MORTGAGE AND PERSONAL LINES OF CREDIT.
IRS990/ProgSrvcAccomActy3Grp/Desc0ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH OUR LONG TERM COMMITMENT TO HELP OUR MEMBERS REACH THEIR FINANCIAL GOALS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt02008
IRS990/PYInvestmentIncomeAmt01826501
IRS990/PYOtherExpensesAmt010520335
IRS990/PYOtherRevenueAmt05440057
IRS990/PYProgramServiceRevenueAmt020071295
IRS990/PYRevenuesLessExpensesAmt09113891
IRS990/PYSalariesCompEmpBnftPaidAmt07701619
IRS990/PYTotalExpensesAmt018223962
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt027337853
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0148227
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0210965
IRS990/ReconcilationRevenueExpnssAmt04989753
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046999165
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt052598664
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108968010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033922776
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01460519
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01985334
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03445853
IRS990ScheduleD/EquipmentGrp/BookValueAmt0566799
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04747036
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05313835
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt027604892
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1287199944
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt23739127
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt34360672
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4600000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt513333000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6249000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1LOANS AND LEASES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2LOANS HELD FOR SALE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3NCUA SHARE INSURANCE CAP DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4MEMBERSHIP CAPITAL AT CORP. CUS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5DEPOSITS IN COMMERCIAL BANKS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6LOANS TO AND INVESTMENTS IN NATURAL PERSON CUS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,002$908$93.8$54.8$52.9$1.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$842$749$93.3$36.3$28.1$8.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$818$732$86.3$37.2$33.6$3.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$783$708$74.8$37.4$28.9$8.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$735$669$65.9$29.7$25.0$4.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$658$597$61.2$26.6$21.8$4.88
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$557$501$56.3$23.3$19.4$3.88
2014Detailed filing. Detailed filing data is available for this year.$498$445$52.6$23.2$18.2$4.99
2013Detailed filing. Detailed filing data is available for this year.$496$449$47.0$27.3$18.2$9.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$503$464$39.1$22.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$514$477$36.5$27.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$551$515$35.9$35.8