Civic Intelligence

Premier Members Credit Union

990 • Fiscal year 2012 • EIN 84-0500890

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 07, 2013

Organization Profilewww.bvcu.org

View Organization Page

5505 Arapahoe Avenue80303
Siviq Scores

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

Liabilities / Assets

74th percentile

0.91x

Higher debt load relative to assets than 74% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

96th percentile

20%

Faster asset growth than 96% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$291,176,390

Up $49,514,269 (+20%) from 2011

Net Assets

Up

$25,362,896

Up $2,347,562 (+10%) from 2011

Liabilities

Up

$265,813,494

Up $47,166,707 (+22%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$8,229,796

Down $266,761 (-3.1%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$2.0B$1.5B$1.0B$500M$0Assets 2010: $224,242,306Liabilities 2010: $202,564,085Net Assets 2010: $21,678,2212010Assets 2011: $241,662,121Liabilities 2011: $218,646,787Net Assets 2011: $23,015,3342011Assets 2012: $291,176,390Liabilities 2012: $265,813,494Net Assets 2012: $25,362,8962012Assets 2013: $315,259,319Liabilities 2013: $290,280,793Net Assets 2013: $24,978,5262013Assets 2014: $328,670,475Liabilities 2014: $300,682,421Net Assets 2014: $27,988,0542014Assets 2015: $874,762,687Liabilities 2015: $773,834,542Net Assets 2015: $100,928,1452015Assets 2016: $926,220,200Liabilities 2016: $817,328,910Net Assets 2016: $108,891,2902016Assets 2017: $1,017,516,033Liabilities 2017: $898,822,717Net Assets 2017: $118,693,3162017Assets 2018: $1,134,091,474Liabilities 2018: $1,004,796,579Net Assets 2018: $129,294,8952018Assets 2019: $1,241,180,693Liabilities 2019: $1,099,294,078Net Assets 2019: $141,886,6152019Assets 2020: $1,431,197,414Liabilities 2020: $1,279,960,381Net Assets 2020: $151,237,0332020Assets 2021: $1,586,159,504Liabilities 2021: $1,431,889,715Net Assets 2021: $154,269,7892021Assets 2022: $1,729,814,818Liabilities 2022: $1,596,391,718Net Assets 2022: $133,423,1002022Assets 2023: $1,752,754,223Liabilities 2023: $1,618,221,963Net Assets 2023: $134,532,2602023Assets 2024: $1,812,059,465Liabilities 2024: $1,671,759,739Net Assets 2024: $140,299,7262024

Highlighted filing

2012

Assets$291,176,390
Liabilities$265,813,494
Net Assets$25,362,896
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100M$50M$0Expenses 2010: $8,335,1232010Expenses 2011: $8,496,5572011Expenses 2012: $8,229,7962012Revenue 2013: $11,442,244Expenses 2013: $9,284,706Net Income 2013: $2,157,5382013Revenue 2014: $11,203,602Expenses 2014: $9,720,146Net Income 2014: $1,483,4562014Revenue 2015: $32,069,159Expenses 2015: $29,570,059Net Income 2015: $2,499,1002015Revenue 2016: $44,699,038Expenses 2016: $36,443,793Net Income 2016: $8,255,2452016Revenue 2017: $48,495,738Expenses 2017: $39,866,947Net Income 2017: $8,628,7912017Revenue 2018: $56,780,000Expenses 2018: $45,018,855Net Income 2018: $11,761,1452018Revenue 2019: $60,792,013Expenses 2019: $50,943,353Net Income 2019: $9,848,6602019Revenue 2020: $62,568,329Expenses 2020: $55,198,020Net Income 2020: $7,370,3092020Revenue 2021: $57,634,628Expenses 2021: $50,050,112Net Income 2021: $7,584,5162021Revenue 2022: $64,549,250Expenses 2022: $58,686,698Net Income 2022: $5,862,5522022Revenue 2023: $87,664,818Expenses 2023: $83,828,141Net Income 2023: $3,836,6772023Revenue 2024: $97,278,896Expenses 2024: $93,232,033Net Income 2024: $4,046,8632024

Highlighted filing

2012

Revenue-
Expenses$8,229,796
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 7, 2013
Return Version
2012v2.1
Gross Receipts
$10,521,518
Mission and Program Overview

Mission

To promote thrift and provide lower cost credit to the members of the credit union. To promote thrift among members by affording them the opportunity to accumulate payments on shares and make loans from these shares to its members.

Filing and Contact Details

Filer

EIN
84-0500890
Raw XML AppendixShowing 400 of 471 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY02605983
IRS990/AccountsPayableAccruedExpenses/EOY03279340
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0To promote thrift and provide lower cost credit to the members of the credit union. To promote thrift among members by affording them the opportunity to accumulate payments on shares and to make loans from these shares to its members.
IRS990/AddressPrincipalOfficerUS/AddressLine105505 Arapahoe Ave
IRS990/AddressPrincipalOfficerUS/City0Boulder
IRS990/AddressPrincipalOfficerUS/State0CO
IRS990/AddressPrincipalOfficerUS/ZIPCode080303
IRS990/Advertising/Total0313807
IRS990/AllOtherExpenses/Total0321103
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY00
IRS990/CapStckTrstPrinCurrentFunds/EOY00
IRS990/CashNonInterestBearing/BOY01216659
IRS990/CashNonInterestBearing/EOY01358931
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0638041
IRS990/CompDisqualPersons/Total01966435
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/Total0122736
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine10PO Box 609
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine11PO Box 418410
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City0Monett
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City1Boston
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State0MO
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State1MA
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode065708
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode102241
IRS990/ContractorCompensation/Compensation0286581
IRS990/ContractorCompensation/Compensation1166701
IRS990/ContractorCompensation/DescriptionOfServices0Software provider
IRS990/ContractorCompensation/DescriptionOfServices1Online banking provider
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine10Jack Henry & Associates
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine11Online Resources Corporation
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/Total0435597
IRS990/DescribedIn501C300
IRS990/Description0Provide a wide variety of financial products and services to members of the credit union. Over 20,800 members served.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/Total065578
IRS990/FeesForServicesLegal/Total08089
IRS990/FeesForServicesLobbying/Total0681808
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek02.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek12.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek22.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek42.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek52.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek62.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek840.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek940.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1040.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0Wayne Turnacliff
IRS990/Form990PartVIISectionA/NamePerson1Jim Clemmer
IRS990/Form990PartVIISectionA/NamePerson2Joyce J Bowen
IRS990/Form990PartVIISectionA/NamePerson3Ken Black
IRS990/Form990PartVIISectionA/NamePerson4Lynel Vallier
IRS990/Form990PartVIISectionA/NamePerson5Ron Reichert
IRS990/Form990PartVIISectionA/NamePerson6Jeanne Tilley
IRS990/Form990PartVIISectionA/NamePerson7Rick Allen
IRS990/Form990PartVIISectionA/NamePerson8Claire Lindley
IRS990/Form990PartVIISectionA/NamePerson9Kimberley Morris
IRS990/Form990PartVIISectionA/NamePerson10Steve Shrader
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation711724
IRS990/Form990PartVIISectionA/OtherCompensation85840
IRS990/Form990PartVIISectionA/OtherCompensation99010
IRS990/Form990PartVIISectionA/OtherCompensation105236
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization7236236
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization8116833
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization9180229
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10104743
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/Title0Chair Person
IRS990/Form990PartVIISectionA/Title1Director
IRS990/Form990PartVIISectionA/Title2Secretary/Treasurer
IRS990/Form990PartVIISectionA/Title3Director
IRS990/Form990PartVIISectionA/Title4Director
IRS990/Form990PartVIISectionA/Title5Director
IRS990/Form990PartVIISectionA/Title6Vice-Chair Person
IRS990/Form990PartVIISectionA/Title7President/CEO
IRS990/Form990PartVIISectionA/Title8Chief Financial Officer
IRS990/Form990PartVIISectionA/Title9VP Mortgage Lending
IRS990/Form990PartVIISectionA/Title10VP Operations
IRS990/Form990ProvidedToGoverningBody00
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/GainOrLoss/Other0-7908
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts010521518
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/Total077398
IRS990/Insurance/Total069798
IRS990/InvestmentIncomeCurrentYear01283185
IRS990/InvestmentIncome/ExclusionAmount01291093
IRS990/InvestmentIncomePriorYear01344092
IRS990/InvestmentIncome/TotalRevenueColumn01291093
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY098695991
IRS990/InvestmentsOtherSecurities/EOY0134440488
IRS990/LandBldgEquipmentAccumDeprec04425029
IRS990/LandBuildingsEquipmentBasis09428532
IRS990/LandBuildingsEquipmentBasisNet/BOY04865730
IRS990/LandBuildingsEquipmentBasisNet/EOY05003503
IRS990/LessCostOthBasisSalesExpenses/Other07908
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters01
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0To promote thrift and provide lower cost credit to the members of the credit union. To promote thrift among members by affording them the opportunity to accumulate payments on shares and make loans from these shares to its members.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0Rick Allen
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY023015334
IRS990/NetAssetsOrFundBalancesEOY025362896
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0-7908
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-7908
IRS990/NetUnrelatedBusinessTxblIncome0-2461
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109605500
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K04
IRS990/NumberOfContractorsGT100K02
IRS990/NumberOfEmployees079
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0379804
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY06819213
IRS990/OtherAssetsTotal/EOY07391933
IRS990/OtherEmployeeBenefits/Total0408084
IRS990/OtherExpensePriorYear05233913
IRS990/OtherExpensesCurrentYear04897171
IRS990/OtherExpenses/Description0Office Operations
IRS990/OtherExpenses/Description1Interest/Dividends Paid
IRS990/OtherExpenses/Description2Loan Servicing
IRS990/OtherExpenses/Description3Provision for Loan Loss
IRS990/OtherExpenses/Total0883552
IRS990/OtherExpenses/Total1840160
IRS990/OtherExpenses/Total2482917
IRS990/OtherExpenses/Total3214824
IRS990/OtherLiabilities/BOY0216040804
IRS990/OtherLiabilities/EOY0262534154
IRS990/OtherNotesLoansReceivableNet/BOY088987567
IRS990/OtherNotesLoansReceivableNet/EOY0104839456
IRS990/OtherRevenueCurrentYear09675
IRS990/OtherRevenueMisc/BusinessCode0522100
IRS990/OtherRevenueMisc/Description0Non-Member ATM Fees
IRS990/OtherRevenueMisc/TotalRevenueColumn09675
IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue09675
IRS990/OtherRevenuePriorYear09900
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY03629465
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY03629465
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total0223799
IRS990/PensionPlanContributions/Total096266
IRS990/PoliciesReferenceChapters01
IRS990/PoliticalActivities00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0522100
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenue/BusinessCode2522100
IRS990/ProgramServiceRevenueCY09220750
IRS990/ProgramServiceRevenue/Description0Interest on Loans to M
IRS990/ProgramServiceRevenue/Description1Other Income
IRS990/ProgramServiceRevenue/Description2Fees and Other Charges to Members
IRS990/ProgramServiceRevenuePriorYear08484996
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome04843054
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome12520761
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome21856935
IRS990/ProgramServiceRevenue/TotalRevenueColumn04843054
IRS990/ProgramServiceRevenue/TotalRevenueColumn12520761
IRS990/ProgramServiceRevenue/TotalRevenueColumn21856935
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses02283814
IRS990/ReconciliationUnrealizedInvest063748
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RetainedEarningsEndowmentEtc/BOY019385869
IRS990/RetainedEarningsEndowmentEtc/EOY021733431
IRS990/RevenuesLessExpensesCY02283814
IRS990/RevenuesLessExpensesPriorYear01342431
IRS990/SalariesEtcCurrentYear03332625
IRS990/SalariesEtcPriorYear03262644
IRS990/SavingsAndTempCashInvestments/BOY041076961
IRS990/SavingsAndTempCashInvestments/EOY038142079
IRS990/ScheduleBRequired00
IRS990ScheduleD/Buildings/BookValue02932843
IRS990ScheduleD/Buildings/Depreciation01371980
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis04304823
IRS990ScheduleD/Equipment/BookValue0994453
IRS990ScheduleD/Equipment/Depreciation02992545
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis03986998
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt0-7908
IRS990ScheduleD/ExpensesSubtotal08237704
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0Certain products and services provided by select state chartered credit unions have been deemed by the Internal Revenue Service, in technical advice memorandums released in 2007, to be unrelated to the specific entity's exempt purpose. As presented in the technical advice memorandums the net taxable income from these products and services would be subject to income taxes. Credits unions have litigated against the Internal Revenue Service positions noted in the technical advice memorandums and have been successful in having courts declare in 2009 and 2010 that revenue from insurance products sold to members, helping them protect their financial wellbeing, qualifies as exempt purpose income, contrary to the IRS position in the technical advice memorandums. The Credit Union had no significant tax liability for the year ended December 31, 2012. In addition, the Credit Union evaluated its tax positions and determined no uncertain tax positions exist as of December 31, 2012.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1Loss on disposal of assets -7,908. Miscellaneous -5.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2Loss on disposal of assets -7,908.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation3Part XI, Line 8 - Other Adjustments Change in unrealized gain/loss on available-for-sale securities.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part X, Line 2:
IRS990ScheduleD/Land/BookValue01076207
IRS990ScheduleD/Land/OtherCostOrOtherBasis01076207
IRS990ScheduleD/LeaseholdImprovements/BookValue00
IRS990ScheduleD/LeaseholdImprovements/Depreciation060504
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis060504
IRS990ScheduleD/OtherExpensesNotIncluded0-7908
IRS990ScheduleD/OtherLiabilities/Amount0262534154
IRS990ScheduleD/OtherLiabilities/Description0Members' Share and Deposit Accounts
IRS990ScheduleD/OtherRevenuesNotIncluded0-7913
IRS990ScheduleD/OtherSecurities/BookValue066517583
IRS990ScheduleD/OtherSecurities/BookValue1442944
IRS990ScheduleD/OtherSecurities/BookValue2484200
IRS990ScheduleD/OtherSecurities/BookValue366995761
IRS990ScheduleD/OtherSecurities/Description0Held-to-Maturity Securities
IRS990ScheduleD/OtherSecurities/Description1Membership Capital at Corporate Credit Union
IRS990ScheduleD/OtherSecurities/Description2Other Investments
IRS990ScheduleD/OtherSecurities/Description3Available-for-sale Securities
IRS990ScheduleD/OtherSecurities/MethodOfValuation0C
IRS990ScheduleD/OtherSecurities/MethodOfValuation1C
IRS990ScheduleD/OtherSecurities/MethodOfValuation2C
IRS990ScheduleD/OtherSecurities/MethodOfValuation3F
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt0-7913
IRS990ScheduleD/RevenueSubtotal010521523
IRS990ScheduleD/TotalExpensesPerForm99008229796
IRS990ScheduleD/TotalOfAmounts0262534154
IRS990ScheduleD/TotalOfBookValueLandBuildings05003503
IRS990ScheduleD/TotalOfBookValueSecurities0134440488
IRS990ScheduleD/TotalRevenuePerForm990010513610
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt08237704
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt010521523
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0236236
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg1119054
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg161175
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg011724
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg19010
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0Rick Allen
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1Kimberley Morris
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/Title0President/CEO
IRS990ScheduleJ/Form990ScheduleJPartII/Title1VP Mortgage Lending
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0247960
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg1189239
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs10
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SubstantiationRequired01
IRS990ScheduleJ/SupplementalNonqualRetirePlan01
IRS990ScheduleJ/TravelForCompanions0X
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleJ/WrittenPolicyReTAndEExpenses01
IRS990ScheduleO/GeneralExplanation/Explanation0Boulder Valley Credit Union is a member-owned financial cooperative that is operated for the benefit of the employees, retirees and their family members of the Boulder Valley School District, employees of Boulder Community Hospital, employees of Ball Corporation, those who work in Boulder or Broomfield Counties or Estes Park, Colorado, Glen Haven, Colorado, Drake, Colorado and various approved select employee groups and their families.
IRS990ScheduleO/GeneralExplanation/Explanation1The members of the credit union annually elect the Board of Directors to serve for multiple-year terms by mailing in ballots or voting at an annual meeting.
IRS990ScheduleO/GeneralExplanation/Explanation2Various decisions made by the Board of Directors for a credit union are subject to approval by the members of the credit union as set forth in NCUA rules and regulations and applicable state regulations.
IRS990ScheduleO/GeneralExplanation/Explanation3The completed Form 990 is reviewed by the Chief Executive Officer and Chief Financial Officer prior to filing. The Chief Executive Officer is authorized to sign and file the return.
IRS990ScheduleO/GeneralExplanation/Explanation4A written acknowledgment is filled out by the officers, directors, and employees which could give rise to potential conflicts within the organization. Any potential issues are discussed with the key officers and those charged with governance for resolution.
IRS990ScheduleO/GeneralExplanation/Explanation5Performance reviews with salary consideration are done after completion of the first six months and annually thereafter upon the anniversary date. Compensation data is gathered for all positions from the Credit Union Executive Society (CUES) and from the Mountain States Employer Council. The Board of Directors mainly uses the CUES Executive Survey when evaluating the rate for the CEO/President position. The amount is then approved by the compensation committee which includes the Chairman of the Board. The CEO primarily uses CUES for the executive management positions compensation evaluation, although as noted above, survey information from Mountain States is available if requested for review by the CEO. The CEO approves all compensation decisions for top management.
IRS990ScheduleO/GeneralExplanation/Explanation6The organization's governing documents and conflict of interest policy are are available for review upon request at the credit union. Monthly financial statements are available and on display at the credit union. Quarterly financial data is accessible to the public at www.ncua.gov.
IRS990ScheduleO/GeneralExplanation/Explanation7Selection of the auditors and oversight of the auditors is done by the Supervisory Committee. There were no changes to the selection or oversight practices during 2012.
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part XI, Line 2C
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0CO
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine105505 Arapahoe Avenue

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$291,176,390
Liabilities
$265,813,494
Net assets
$25,362,896
Revenue
-
Expenses
$8,229,796
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,812$1,672$140$97.3$93.2$4.05
2023Detailed filing. Detailed filing data is available for this year.$1,753$1,618$135$87.7$83.8$3.84
2022Detailed filing. Detailed filing data is available for this year.$1,730$1,596$133$64.5$58.7$5.86
2021Detailed filing. Detailed filing data is available for this year.$1,586$1,432$154$57.6$50.1$7.58
2020Detailed filing. Detailed filing data is available for this year.$1,431$1,280$151$62.6$55.2$7.37
2019Detailed filing. Detailed filing data is available for this year.$1,241$1,099$142$60.8$50.9$9.85
2018Detailed filing. Detailed filing data is available for this year.$1,134$1,005$129$56.8$45.0$11.8
2017Detailed filing. Detailed filing data is available for this year.$1,018$899$119$48.5$39.9$8.63
2016Detailed filing. Detailed filing data is available for this year.$926$817$109$44.7$36.4$8.26
2015Summary only. Only limited summary data is available for this year.$875$774$101$32.1$29.6$2.50
2014Detailed filing. Detailed filing data is available for this year.$329$301$28.0$11.2$9.72$1.48
2013Detailed filing. Detailed filing data is available for this year.$315$290$25.0$11.4$9.28$2.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$291$266$25.4$8.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$242$219$23.0$8.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$224$203$21.7$8.34