Civic Intelligence

Loco Credit Union

EIN 85-6010427 • 501(c)14 • Alamogordo, NM

View Organization Page

Profile

Provide deposit and loan products & services to member-owners at a reasonable cost and return.

PO Box 1743Alamogordo, NM 88311-1743

www.lococreditunion.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.87x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

13.79x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

7th percentile

-8.2%

Higher net margin than 7% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

16th percentile

$112,291

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Asset Growth

6th percentile

-5.7%

Faster asset growth than 6% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-2.5%

Faster revenue growth than 11% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$62,115,746

Down $3,734,164 (-5.7%) from 2023

Liabilities

Down

$53,742,583

Down $3,413,991 (-6.0%) from 2023

Net Assets

Down

$8,373,163

Down $320,173 (-3.7%) from 2023

Operations
Liabilities / Revenue27th percentileNet Margin7th percentile

Revenue

Down

$3,896,712

Down $98,765 (-2.5%) from 2023

Expenses

Up

$4,216,885

Up $235,112 (+5.9%) from 2023

Net Income

Down

-$320,173

Down $333,877 (-2436%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth6th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $25,127,749Liabilities 2010: $23,099,950Net Assets 2010: $2,027,7992010Assets 2011: $28,353,424Liabilities 2011: $25,825,395Net Assets 2011: $2,528,0292011Assets 2012: $33,621,938Liabilities 2012: $30,638,341Net Assets 2012: $2,983,5972012Assets 2013: $39,037,281Liabilities 2013: $35,459,308Net Assets 2013: $3,577,9732013Assets 2014: $40,726,625Liabilities 2014: $36,860,942Net Assets 2014: $3,865,6832014Assets 2015: $42,414,113Liabilities 2015: $37,832,528Net Assets 2015: $4,581,5852015Assets 2016: $45,342,267Liabilities 2016: $40,110,625Net Assets 2016: $5,231,6422016Assets 2017: $47,404,165Liabilities 2017: $41,505,443Net Assets 2017: $5,898,7222017Assets 2018: $48,049,840Liabilities 2018: $41,670,513Net Assets 2018: $6,379,3272018Assets 2019: $50,466,084Liabilities 2019: $43,281,301Net Assets 2019: $7,184,7832019Assets 2020: $58,035,107Liabilities 2020: $49,854,020Net Assets 2020: $8,181,0872020Assets 2021: $66,930,328Liabilities 2021: $57,762,241Net Assets 2021: $9,168,0872021Assets 2022: $67,045,402Liabilities 2022: $57,664,365Net Assets 2022: $9,381,0372022Assets 2023: $65,849,910Liabilities 2023: $57,156,574Net Assets 2023: $8,693,3362023Assets 2024: $62,115,746Liabilities 2024: $53,742,583Net Assets 2024: $8,373,1632024

Highlighted filing

2024

Assets$62,115,746
Liabilities$53,742,583
Net Assets$8,373,163
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,580,6882010Expenses 2011: $1,618,1162011Expenses 2012: $1,801,6632012Revenue 2013: $2,842,483Expenses 2013: $2,275,366Net Income 2013: $567,1172013Revenue 2014: $2,605,894Expenses 2014: $2,277,755Net Income 2014: $328,1392014Revenue 2015: $2,721,959Expenses 2015: $1,963,475Net Income 2015: $758,4842015Revenue 2016: $3,034,540Expenses 2016: $2,365,814Net Income 2016: $668,7262016Revenue 2017: $3,317,141Expenses 2017: $2,648,555Net Income 2017: $668,5862017Revenue 2018: $3,519,905Expenses 2018: $2,834,372Net Income 2018: $685,5332018Revenue 2019: $4,049,274Expenses 2019: $3,318,236Net Income 2019: $731,0382019Revenue 2020: $4,058,928Expenses 2020: $3,381,952Net Income 2020: $676,9762020Revenue 2021: $3,847,469Expenses 2021: $3,542,676Net Income 2021: $304,7932021Revenue 2022: $4,130,099Expenses 2022: $3,619,373Net Income 2022: $510,7262022Revenue 2023: $3,995,477Expenses 2023: $3,981,773Net Income 2023: $13,7042023Revenue 2024: $3,896,712Expenses 2024: $4,216,885Net Income 2024: -$320,1732024

Highlighted filing

2024

Revenue$3,896,712
Expenses$4,216,885
Net Income-$320,173
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$62,115,746
Liabilities
$53,742,583
Net assets
$8,373,163
Revenue
$3,896,712
Expenses
$4,216,885
Net income
-$320,173
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.1$53.7$8.37$3.90$4.22$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.8$57.2$8.69$4.00$3.98$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.0$57.7$9.38$4.13$3.62$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.9$57.8$9.17$3.85$3.54$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.0$49.9$8.18$4.06$3.38$0.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.5$43.3$7.18$4.05$3.32$0.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.0$41.7$6.38$3.52$2.83$0.69
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.4$41.5$5.90$3.32$2.65$0.67
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.3$40.1$5.23$3.03$2.37$0.67
2015Detailed filing. Detailed filing data is available for this year.$42.4$37.8$4.58$2.72$1.96$0.76
2014Detailed filing. Detailed filing data is available for this year.$40.7$36.9$3.87$2.61$2.28$0.33
2013Detailed filing. Detailed filing data is available for this year.$39.0$35.5$3.58$2.84$2.28$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.6$30.6$2.98$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.4$25.8$2.53$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$23.1$2.03$1.58
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$3,531,685
Mission and Program Overview

Mission

Provide deposit and loan products & services to member-owners at a reasonable cost and return.

Providing deposit and loan products & services to member-owners of organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,257,638$23,346,896▲ $89,258
Other Notes and Loans Receivable, Net$18,906,960$20,301,590▲ $1,394,630
Rtn Earn Endowment Incm Other Fnds$5,231,642$5,898,722▲ $667,080
Investments Other Securities$1,383,205$1,525,171▲ $141,966
Cash and Non-Interest-Bearing Accounts$828,517$871,030▲ $42,513
Land, Buildings, and Equipment, Net$386,694$677,978▲ $291,284
Prepaid Expenses and Deferred Charges$65,203$68,336▲ $3,133
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$45,342,267$47,404,165▲ $2,061,898
Other Assets Total$514,050$613,164▲ $99,114
Liabilities
Other Liabilities$40,040,756$41,301,577▲ $1,260,821
Accounts Payable and Accrued Expenses$69,869$203,866▲ $133,997
Total Liabilities$40,110,625$41,505,443▲ $1,394,818
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,231,642$5,898,722▲ $667,080
Total Liabilities and Net Assets / Fund Balance$45,342,267$47,404,165▲ $2,061,898

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$308,613$464,088-
Other Land Buildings$259,284--
Land$61,844--
Equipment$48,237$284,311-
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Pam VegaCEOFT$115,554$115,554
Louanne GarciaCFOFT$80,731$80,731

Board Members and Trustees

NameTitle
David JohnsonChairperson
Charles MontjoyVice Chairperson
Dave OlsenMember
George PadillaMember
George WrightMember
Susan KentMember
Mary GoldsmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,275,474
Investment Income
$5,308
Other Revenue
$36,359
Change in Net Assets
$668,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,637,881
Salaries, Compensation, and Employee Benefits$1,010,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$472,527
Interest---$242,413
Current Officers, Directors, Trustees, and Key Employees---$196,285
Pension Plan Contributions---$172,245
Information Technology---$144,103
Office Expenses---$120,294
Other Employee Benefits---$118,234
Advertising---$82,114
Occupancy---$52,442
Payroll Taxes---$51,383
Depreciation Depletion---$48,081
Insurance---$40,456
Fees for Services Management---$37,211
Fees for Services Legal---$33,433
All Other Expenses---$24,430
Travel---$19,773
Other Expenses---$15,803
Fees for Services Accounting---$13,714
Fees for Services Other---$4,263
Total Functional Expenses$0$0$0$2,648,555
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share and Savings Accounts$40,320,403
Regular Reserves$522,417
Net Pension Liability$450,771
Member Dividends$7,986
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has members who purchase ownership interests by opening primary share deposit accounts with the credit union.”

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

“The owner members vote to elect or replace members of the board of directors.”

Form 990, Part VI, Section A, Line 8B

“The governing body does not delegate authority to act on its behalf to any committees.”

Form 990, Part VI, Section B, Line 11B

“The president/ceo provides a copy of the form 990 to the board at a monthly meeting.”

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

“Board members and key employees must sign conflict of interest statements annually. Compliance with the policy is consistently monitored and enforced by the respective parties.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews the ceo's performance annually and determines the salary for the next fiscal period accordingly. The ceo reviews the performance of key employees and uses market-based salary comparisons to determine pay increases for these individuals.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted in the main offices. Governing documents & conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Loco Credit Union
EIN
85-6010427
Phone
5754373110
Address
PO BOX 1743, ALAMOGORDO, NM 88311-1743

Signing Officer

Name
Pam Vega
Title
President/CEO
Phone
5754373110
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Vega
Formed
1953
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
19
Volunteers
0

Preparer

Firm
Parks & Company Plc
Address
441 N WASHINGTON, EL DORADO, AR 71730
Preparer
G Pete Parks
Phone
8708623401
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Accumulated other comprehensive income -1,506. Rounding”

Raw XML Appendix389 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt069869
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0203866
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING DEPOSIT AND LOAN PRODUCTS & SERVICES TO MEMBER-OWNERS OF ORGANIZATION
IRS990/AdvertisingGrp/TotalAmt082114
IRS990/AllOtherExpensesGrp/TotalAmt024430
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAM VEGA PRESIDENTCEO
IRS990/BooksInCareOfDetail/PhoneNum05754373110
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0808 WASHINGTON AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALAMOGORDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd088311
IRS990/BusinessRlnWithFamMemInd00
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IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
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IRS990/CashNonInterestBearingGrp/BOYAmt0828517
IRS990/CashNonInterestBearingGrp/EOYAmt0871030
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0196285
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05308
IRS990/CYOtherExpensesAmt01637881
IRS990/CYOtherRevenueAmt036359
IRS990/CYProgramServiceRevenueAmt03275474
IRS990/CYRevenuesLessExpensesAmt0668586
IRS990/CYSalariesCompEmpBnftPaidAmt01010674
IRS990/CYTotalExpensesAmt02648555
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03317141
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt048081
IRS990/Desc0THE CREDIT UNION PROVIDED MEMBERS A VARIETY OF BANKING SERVICES INCLUDING LOANS AT RATES BELOW THOSE OFFERED BY TRADITIONAL FINANCIAL INSTITUTIONS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/DonorAdvisedFundInd00
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IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/FeesForServicesAccountingGrp/TotalAmt013714
IRS990/FeesForServicesLegalGrp/TotalAmt033433
IRS990/FeesForServicesManagementGrp/TotalAmt037211
IRS990/FeesForServicesOtherGrp/TotalAmt04263
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IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES MONTJOY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY GOLDSMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVE OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE PADILLA
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IRS990/Form990PartVIISectionAGrp/PersonNm8LOUANNE GARCIA
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt03531685
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IRS990/InterestGrp/TotalAmt0242413
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentCnt0865
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt05898722
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05308
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OfficeExpensesGrp/TotalAmt0120294
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0514050
IRS990/OtherAssetsTotalGrp/EOYAmt0613164
IRS990/OtherChangesInNetAssetsAmt0-1506
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118234
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1CREDIT & DEBIT CARD SER
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt0505697
IRS990/OtherExpensesGrp/TotalAmt1223771
IRS990/OtherExpensesGrp/TotalAmt229883
IRS990/OtherExpensesGrp/TotalAmt315803
IRS990/OtherLiabilitiesGrp/BOYAmt040040756
IRS990/OtherLiabilitiesGrp/EOYAmt041301577
IRS990/OtherRevenueMiscGrp/BusinessCd0522210
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYEE BENEFIT PREFU
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036359
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036359
IRS990/OtherRevenueTotalAmt036359
IRS990/OtherSalariesAndWagesGrp/TotalAmt0472527
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018906960
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020301590
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt051383
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0172245
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt065203
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068336
IRS990/PrincipalOfficerNm0PAM VEGA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2INVESTMENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02124914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1375008
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2357148
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02124914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1375008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2357148
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION RETURNED EARNINGS OF APPROXIMATELY $242,000 TO ITS MEMBERS IN THE FORM OF DIVIDENDS.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE CREDIT UNION INCREASED THE MEMBERS' EQUITY POSITION BY APPROXIMATELY $650,000 DURING 2017.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0338598
IRS990/PYOtherExpensesAmt01436071
IRS990/PYOtherRevenueAmt026471
IRS990/PYProgramServiceRevenueAmt02669471
IRS990/PYRevenuesLessExpensesAmt0668726
IRS990/PYSalariesCompEmpBnftPaidAmt0929743
IRS990/PYTotalExpensesAmt02365814
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03034540
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0668586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05231642
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05898722
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023257638
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023346896
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0308613
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0464088
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0772701
IRS990ScheduleD/EquipmentGrp/BookValueAmt048237
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0284311
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0332548
IRS990ScheduleD/LandGrp/BookValueAmt061844
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt061844
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0259284
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0259284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07986
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1450771
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt240320403
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3522417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DIVIDENDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MEMBER SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3REGULAR RESERVES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0677978
IRS990ScheduleD/TotalLiabilityAmt041301577
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS WHO PURCHASE OWNERSHIP INTERESTS BY OPENING PRIMARY SHARE DEPOSIT ACCOUNTS WITH THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OWNER MEMBERS VOTE TO ELECT OR REPLACE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY DOES NOT DELEGATE AUTHORITY TO ACT ON ITS BEHALF TO ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO PROVIDES A COPY OF THE FORM 990 TO THE BOARD AT A MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS AND KEY EMPLOYEES MUST SIGN CONFLICT OF INTEREST STATEMENTS ANNUALLY. COMPLIANCE WITH THE POLICY IS CONSISTENTLY MONITORED AND ENFORCED BY THE RESPECTIVE PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS THE CEO'S PERFORMANCE ANNUALLY AND DETERMINES THE SALARY FOR THE NEXT FISCAL PERIOD ACCORDINGLY. THE CEO REVIEWS THE PERFORMANCE OF KEY EMPLOYEES AND USES MARKET-BASED SALARY COMPARISONS TO DETERMINE PAY INCREASES FOR THESE INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED IN THE MAIN OFFICES. GOVERNING DOCUMENTS & CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCUMULATED OTHER COMPREHENSIVE INCOME -1,506. ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt045342267
IRS990/TotalAssetsEOYAmt047404165
IRS990/TotalAssetsGrp/BOYAmt045342267
IRS990/TotalAssetsGrp/EOYAmt047404165
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/TotalAmt02648555
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040110625
IRS990/TotalLiabilitiesEOYAmt041505443
IRS990/TotalLiabilitiesGrp/BOYAmt040110625
IRS990/TotalLiabilitiesGrp/EOYAmt041505443
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05231642
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05898722
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0418404
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0418404
IRS990/TotalProgramServiceRevenueAmt03275474
IRS990/TotalReportableCompFromOrgAmt0196285
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03317141
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03317141
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045342267
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt047404165
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt019773
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0808 WASHINGTON AVE
IRS990/USAddress/CityNm0ALAMOGORDO
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd088310
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LOCOCREDITUNION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM VEGA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05754373110
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LOCO
ReturnHeader/Filer/EIN0856010427
ReturnHeader/Filer/PhoneNum05754373110
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1743
ReturnHeader/Filer/USAddress/CityNm0ALAMOGORDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd0883111743
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A6BE046D9649E82C1D8B612C3E0EBEB38319710D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BC844A01E4A17F0000E72ED51A55B2BD3DAB5E56
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.76.118.40
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:54:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202126731
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARKS & COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0441 N WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EL DORADO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071730
ReturnHeader/PreparerPersonGrp/PhoneNum08708623401
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0G PETE PARKS
ReturnHeader/ReturnTs02018-11-15T08:52:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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