Civic Intelligence

First Credit Union

990 • Fiscal year 2018 • EIN 86-0100904

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 31, 2019

25 South Arizona Place No 111Chandler, AZ 85225

(480) 756-5500

Siviq Scores

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

Liabilities / Assets

100th percentile

0.94x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

16.87x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Net Margin

20th percentile

9.1%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

95th percentile

$999,998

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2018

Asset Growth

14th percentile

0.2%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

0.6%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Assets

Up

$460,320,720

Up $1,137,350 (+0.2%) from 2017

Net Assets

Up

$26,432,438

Up $2,064,619 (+8.5%) from 2017

Liabilities

Down

$433,888,282

Down $927,269 (-0.2%) from 2017

Revenue

Up

$25,712,379

Up $164,320 (+0.6%) from 2017

Expenses

Down

$23,364,287

Down $1,159,320 (-4.7%) from 2017

Net Income

Up

$2,348,092

Up $1,323,640 (+129%) from 2017

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2010: $410,976,924Liabilities 2010: $13,140,583Net Assets 2010: $397,836,3412010Assets 2011: $397,442,816Liabilities 2011: $14,513,247Net Assets 2011: $382,929,5692011Assets 2012: $398,771,034Liabilities 2012: $382,167,076Net Assets 2012: $16,603,9582012Assets 2013: $402,532,097Liabilities 2013: $384,893,483Net Assets 2013: $17,638,6142013Assets 2014: $410,037,025Liabilities 2014: $387,801,166Net Assets 2014: $22,235,8592014Assets 2015: $427,865,643Liabilities 2015: $404,786,964Net Assets 2015: $23,078,6792015Assets 2016: $449,345,264Liabilities 2016: $426,651,665Net Assets 2016: $22,693,5992016Assets 2017: $459,183,370Liabilities 2017: $434,815,551Net Assets 2017: $24,367,8192017Assets 2018: $460,320,720Liabilities 2018: $433,888,282Net Assets 2018: $26,432,4382018Assets 2019: $491,790,423Liabilities 2019: $456,551,279Net Assets 2019: $35,239,1442019Assets 2020: $590,539,749Liabilities 2020: $541,997,003Net Assets 2020: $48,542,7462020Assets 2021: $666,315,890Liabilities 2021: $613,513,689Net Assets 2021: $52,802,2012021Assets 2022: $711,017,037Liabilities 2022: $669,443,228Net Assets 2022: $41,573,8092022Assets 2023: $703,838,970Liabilities 2023: $658,111,321Net Assets 2023: $45,727,6492023Assets 2024: $735,111,582Liabilities 2024: $679,292,182Net Assets 2024: $55,819,4002024

Highlighted filing

2018

Assets$460,320,720
Liabilities$433,888,282
Net Assets$26,432,438

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2010: $22,495,916Expenses 2010: $29,903,536Net Income 2010: -$7,407,6202010Expenses 2011: $20,173,5632011Expenses 2012: $17,399,9132012Revenue 2013: $18,388,732Expenses 2013: $15,995,992Net Income 2013: $2,392,7402013Revenue 2014: $21,408,713Expenses 2014: $19,244,213Net Income 2014: $2,164,5002014Revenue 2015: $22,121,180Expenses 2015: $20,599,742Net Income 2015: $1,521,4382015Revenue 2016: $24,314,115Expenses 2016: $23,895,833Net Income 2016: $418,2822016Revenue 2017: $25,548,059Expenses 2017: $24,523,607Net Income 2017: $1,024,4522017Revenue 2018: $25,712,379Expenses 2018: $23,364,287Net Income 2018: $2,348,0922018Revenue 2019: $31,258,865Expenses 2019: $22,821,515Net Income 2019: $8,437,3502019Revenue 2020: $24,321,171Expenses 2020: $23,086,669Net Income 2020: $1,234,5022020Revenue 2021: $24,353,409Expenses 2021: $20,366,012Net Income 2021: $3,987,3972021Revenue 2022: $30,610,743Expenses 2022: $25,835,411Net Income 2022: $4,775,3322022Revenue 2023: $39,282,064Expenses 2023: $35,297,564Net Income 2023: $3,984,5002023Revenue 2024: $50,404,499Expenses 2024: $42,745,872Net Income 2024: $7,658,6272024

Highlighted filing

2018

Revenue$25,712,379
Expenses$23,364,287
Net Income$2,348,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$26,620,924
Mission and Program Overview

Mission

Non-profit cooperative that provides banking and other financial services to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$328,992,896$346,827,002▲ $17,834,106
Investments in Publicly Traded Securities$36,394,383$37,033,333▲ $638,950
Savings and Temporary Cash Investments$41,954,920$29,687,814▼ $12,267,106
Rtn Earn Endowment Incm Other Fnds$24,367,819$26,432,438▲ $2,064,619
Land, Buildings, and Equipment, Net$19,439,525$18,431,906▼ $1,007,619
Investments Other Securities$19,117,306$15,586,338▼ $3,530,968
Prepaid Expenses and Deferred Charges$5,912,853$5,746,008▼ $166,845
Cash and Non-Interest-Bearing Accounts$414,562$236,195▼ $178,367
Accounts Receivable$353,495$36,223▼ $317,272
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$459,183,370$460,320,720▲ $1,137,350
Other Assets Total$6,603,430$6,735,901▲ $132,471
Liabilities
Other Liabilities$430,158,352$427,977,169▼ $2,181,183
Accounts Payable and Accrued Expenses$4,657,199$5,911,113▲ $1,253,914
Total Liabilities$434,815,551$433,888,282▼ $927,269
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,367,819$26,432,438▲ $2,064,619
Total Liabilities and Net Assets / Fund Balance$459,183,370$460,320,720▲ $1,137,350

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,674,465$10,509,043$23,183,508
Equipment$1,835,096$8,023,259$9,858,355
Land$3,627,171-$3,627,171
Leasehold Improvements$295,174$257,963$553,137
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jay CurtisPresident/CEO/board MemberFT$372,500$627,498$999,998
Lori GallegosEvp/COOFT$223,000$260,064$483,064
Douglas AlldredgeCFOFT$193,500$154,318$347,818
Thomas GesselCIOFT$171,500$74,137$245,637
Heidi KimSVP/operationsFT$130,000$54,065$184,065
Thomas WassonCLOFT$130,000$45,322$175,322
Scot GilbreathVP/re LendingFT$139,000$27,732$166,732
Benjamin RicksAvp/itFT$119,000$38,213$157,213
Chantel CampbellVP/financeFT$110,525$22,922$133,447
Jonathon McmullinIt ManagerFT$105,908$19,468$125,376
Ben TanBoard Member-$855-$855
Kenneth MullinsBoard Secretary-$670-$670

Board Members and Trustees

NameTitle
Caryn Horvitz-strausBoard Chair
William JimroBoard Vice-chair
Barry SchlegelBoard Member
Russ PuckettBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack Henry And AssociatesComputer Systems And Software - MaintenaPO BOX 609, Monett, MO 65708$826,767
Dbsi INCProperty Management Services6950 W MORELOS PL STE 1, Chandler, AZ 85226$386,688
Velocity Solutions INCPromotional Program Related ServicesPO BOX 460939, Fort Lauderdale, FL 33346$273,232
Southwest Business CorporationLoan Payment Collection Services9311 SAN PEDRO STE 600, San Antonio, TX 78216$215,108
Cal It Group LLCManaged Cloud And Security It Services17011 BEACH BLVD STE 900, Huntington Beach, CA 92647$214,058
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,832,746
Investment Income
$2,800,408
Other Revenue
$79,225
Change in Net Assets
$2,348,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,646,991
Salaries, Compensation, and Employee Benefits$10,187,367
Grants and Similar Amounts Paid$45,277
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,040,262
Current Officers, Directors, Trustees, and Key Employees---$2,251,837
Depreciation Depletion---$1,305,192
Information Technology---$1,267,306
Office Expenses---$1,177,490
Other Employee Benefits---$1,017,118
Occupancy---$852,832
Advertising---$812,089
Interest---$695,311
Other Expenses---$597,492
Payroll Taxes---$539,116
Benefits to Members---$484,652
All Other Expenses---$433,927
Fees for Services Other---$415,009
Pension Plan Contributions---$339,034
Conferences and Meetings---$159,060
Travel---$140,935
Insurance---$131,603
Fees for Services Legal---$98,886
Fees for Services Accounting---$84,900
Grants to Domestic Orgs---$45,277
Total Functional Expenses$0$0$0$23,364,287
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
AzcendChandler, AZ501(c)(3)Unrestricted$5,500
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
Members Shares and Savings Accounts$427,977,169
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union is a cooperative. As such, the members are the owners. First credit union offers membership to persons who live, work, and worship within a ten mile radius of any first credit union branch. In addition, membership is available to employees of certain specified entities in the following categories: federal government, medical centers, municipalities, private, public, religious, and charitable organizations.

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

The governing body (board of directors)is elected by the members, who can cast one vote each.

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

Bylaw changes are subject to approval by members.

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

No committees have authority to act on behalf of the governing body.

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

The form 990 is reviewed by the cfo and ceo and will be made available to the board of directors for their review prior to filing.

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

The credit union has a conflict of interest policy for the board, which they review annually and sign a declaration as to whether they have any conflicts and identify as such. For employees, the credit union has a section in the employee handbook that states the policy for staff. A conflict of interest occurs when a director's personal interests interfere or appear to interfere with the interests of the credit union as a whole. Conflicts of interest also arise when a director or a member of his or her immediate family or an entity with which the director is affiliated receives improper personal benefits as a result of his or her position. The mere appearance of a conflict of interest should be avoided at any cost. Any situation that involves or may reasonably be expected to involve a conflict of interest with the credit union shall be disclosed immediately to the board. Disclosure: a director shall promptly disclose to the board any known interest, relationship or responsibility held by the director, any member of his or her immediate family, or any of his or her business associates with respect to any potential or actual consideration, even if such interest, relationship or responsibility has otherwise generally been disclosed to the board. Additionally, directors must disclose information regarding their financial interests in organizations doing business with the credit union. Board action: in the event of a potential conflict, the board, with the abstention of the interested director, may decide whether or not that director may participate in any discussion or vote on the issue that gave rise to the potential conflict. Recusal: any director with such an interest, relationship or responsibility which conflicts or potentially conflicts with the interest of the credit union shall recuse himself or herself from any discussion and vote on the issue that gave rise to the conflict.

Form 990, Part VI, Section B, Line 15

The ceo's compensation is based on a formal review that is completed by all board members along with self evaluation by ceo. There is a review of industry specific salary survey information that is performed by independent members of the executive committee with the compensation decision documented in the ceo's file and is presented to the full board. Other officer and key employee's compensation is based on a formal review that is completed by the ceo. There is a review of industry specific salary survey information and is performed by the ceo with the decision documented in the employee file and payroll system.

Form 990, Part VI, Section C, Line 19

The organization's financial statements are posted in each branch.

Filing and Contact Details

Filer

Filer Name
First Credit Union
EIN
86-0100904
Phone
4807565500
Address
25 SOUTH ARIZONA PLACE NO 111, CHANDLER, AZ 85225

Signing Officer

Name
Jay Curtis
Title
President/CEO
Phone
4807565500
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Curtis
Formed
1929
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
6
Employees
154
Volunteers
6

Preparer

Firm
Cliftonlarsonallen Llp
Address
20 E THOMAS RD STE 2300, PHOENIX, AZ 85012
Preparer
Mary C Green
Phone
6022662248
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in pension plan assets 185,340.

Raw XML AppendixShowing 400 of 625 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM JIMRO
IRS990/Form990PartVIISectionAGrp/PersonNm2RUSS PUCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH MULLINS
IRS990/Form990PartVIISectionAGrp/PersonNm4BARRY SCHLEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm5BEN TAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JAY CURTIS
IRS990/Form990PartVIISectionAGrp/PersonNm7LORI GALLEGOS
IRS990/Form990PartVIISectionAGrp/PersonNm8DOUGLAS ALLDREDGE
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS GESSEL
IRS990/Form990PartVIISectionAGrp/PersonNm10THOMAS WASSON
IRS990/Form990PartVIISectionAGrp/PersonNm11HEIDI KIM
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOT GILBREATH
IRS990/Form990PartVIISectionAGrp/PersonNm13BENJAMIN RICKS
IRS990/Form990PartVIISectionAGrp/PersonNm14CHANTEL CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm15JONATHON MCMULLIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3670
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5855
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6690684
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7274554
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8236103
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9206859
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10154776
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11147183
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12141926
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13132945
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14110525
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15105908
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
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT/CEO/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EVP/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP/OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP/RE LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13AVP/IT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP/FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt15IT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01929
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0103648
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt045277
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0127036
IRS990/GrossReceiptsAmt026620924
IRS990/GrossRentsGrp/RealAmt0964382
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01267306
IRS990/InsuranceGrp/TotalAmt0131603
IRS990/InterestGrp/TotalAmt0695311
IRS990/InvestmentIncomeGrp/ExclusionAmt02696760
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02696760
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt019117306
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015586338
IRS990/InvestmentsPubTradedSecGrp/BOYAmt036394383
IRS990/InvestmentsPubTradedSecGrp/EOYAmt037033333
IRS990/IRPDocumentCnt027965
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018790265
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019439525
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018431906
IRS990/LandBldgEquipCostOrOtherBssAmt037222171
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt023388
IRS990/LessRentalExpensesGrp/RealAmt0885157
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NON-PROFIT COOPERATIVE THAT PROVIDES BANKING AND OTHER FINANCIAL SERVICES TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt024367819
IRS990/NetAssetsOrFundBalancesEOYAmt026432438
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0103648
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0103648
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt079225
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt079225
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-468813
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0852832
IRS990/OfficeExpensesGrp/TotalAmt01177490
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06603430
IRS990/OtherAssetsTotalGrp/EOYAmt06735901
IRS990/OtherChangesInNetAssetsAmt0185340
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01017118
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2VISA DEBIT CARD EXPENSE
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSES
IRS990/OtherExpensesGrp/TotalAmt02333981
IRS990/OtherExpensesGrp/TotalAmt11276673
IRS990/OtherExpensesGrp/TotalAmt2864305
IRS990/OtherExpensesGrp/TotalAmt3597492
IRS990/OtherLiabilitiesGrp/BOYAmt0430158352
IRS990/OtherLiabilitiesGrp/EOYAmt0427977169
IRS990/OtherSalariesAndWagesGrp/TotalAmt06040262
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0328992896
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0346827002
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0539116
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0339034
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05912853
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05746008
IRS990/PrincipalOfficerNm0JAY CURTIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018636803
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13714962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018636803
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14195943
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0480981
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0381277
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02464635
IRS990/PYOtherExpensesAmt014175462
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt023083424
IRS990/PYRevenuesLessExpensesAmt01024452
IRS990/PYSalariesCompEmpBnftPaidAmt09966868
IRS990/PYTotalExpensesAmt024523607
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025548059
IRS990/ReconcilationRevenueExpnssAmt02348092
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt079225
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024367819
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt026432438
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041954920
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029687814
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012674465
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010509043
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt023183508
IRS990ScheduleD/EquipmentGrp/BookValueAmt01835096
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08023259
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09858355
IRS990ScheduleD/LandGrp/BookValueAmt03627171
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03627171
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0295174
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0257963
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0553137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0427977169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018431906
IRS990ScheduleD/TotalLiabilityAmt0427977169
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0UNRESTRICTED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AZCEND
IRS990ScheduleI/RecipientTable/RecipientEIN0860428780
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHANDLER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085244
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION MONITORS THE USE OF FUNDS BY ENSURING THE ORGANIZATION IS A 501(C)(3). THE CREDIT UNION ALSO REVIEWS THE ORGANIZATION'S STATED MISSION ALONG WITH PROGRAM OFFERINGS TO ENSURE THE AWARD IS CONSISTENT WITH THEIR MISSION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0372500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1223000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2193500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3171500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4130000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5130000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6139000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt7119000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount137500

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$735$679$55.8$50.4$42.7$7.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$704$658$45.7$39.3$35.3$3.98
2022Detailed filing. Detailed filing data is available for this year.$711$669$41.6$30.6$25.8$4.78
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$666$614$52.8$24.4$20.4$3.99
2020Detailed filing. Detailed filing data is available for this year.$591$542$48.5$24.3$23.1$1.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$492$457$35.2$31.3$22.8$8.44
2018Detailed filing. Detailed filing data is available for this year.$460$434$26.4$25.7$23.4$2.35
2017Detailed filing. Detailed filing data is available for this year.$459$435$24.4$25.5$24.5$1.02
2016Detailed filing. Detailed filing data is available for this year.$449$427$22.7$24.3$23.9$0.42
2015Detailed filing. Detailed filing data is available for this year.$428$405$23.1$22.1$20.6$1.52
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$410$388$22.2$21.4$19.2$2.16
2013Detailed filing. Detailed filing data is available for this year.$403$385$17.6$18.4$16.0$2.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$399$382$16.6$17.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$397$14.5$383$20.2
2010Summary only. Only limited summary data is available for this year.$411$13.1$398$22.5$29.9$7.41