Civic Intelligence

Credit Unions in the State of Arizonia

990 • Fiscal year 2018 • EIN 86-0189823

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

1001 N Pinal AvenueCasa Grande, AZ 85122

(520) 836-8848

Siviq Scores

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

Liabilities / Assets

99th percentile

0.93x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

12.37x

Higher debt load relative to revenue than 14% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Net Margin

3rd percentile

-21%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$147,273

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2018

Asset Growth

1st percentile

-11%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-19%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Down

$78,024,900

Down $9,483,482 (-11%) from 2017

Net Assets

Down

$5,224,111

Down $1,328,623 (-20%) from 2017

Liabilities

Down

$72,800,789

Down $8,154,859 (-10%) from 2017

Revenue

Down

$5,883,857

Down $1,368,436 (-19%) from 2017

Expenses

Down

$7,106,049

Down $1,613,293 (-19%) from 2017

Net Income

Up

-$1,222,192

Up $244,857 (+17%) from 2017

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $75,319,548Liabilities 2010: $2,414,054Net Assets 2010: $72,905,4942010Assets 2011: $83,962,291Liabilities 2011: $76,460,655Net Assets 2011: $7,501,6362011Assets 2012: $91,751,942Liabilities 2012: $84,694,678Net Assets 2012: $7,057,2642012Assets 2013: $101,260,979Liabilities 2013: $93,835,530Net Assets 2013: $7,425,4492013Assets 2015: $111,004,171Liabilities 2015: $102,629,402Net Assets 2015: $8,374,7692015Assets 2016: $104,788,863Liabilities 2016: $96,748,998Net Assets 2016: $8,039,8652016Assets 2017: $87,508,382Liabilities 2017: $80,955,648Net Assets 2017: $6,552,7342017Assets 2018: $78,024,900Liabilities 2018: $72,800,789Net Assets 2018: $5,224,1112018Assets 2019: $81,361,882Liabilities 2019: $75,558,007Net Assets 2019: $5,803,8752019Assets 2020: $95,034,394Liabilities 2020: $88,705,812Net Assets 2020: $6,328,5822020Assets 2021: $109,604,359Liabilities 2021: $102,981,091Net Assets 2021: $6,623,2682021Assets 2022: $109,153,033Liabilities 2022: $101,748,055Net Assets 2022: $7,404,9782022Assets 2024: $113,578,840Liabilities 2024: $102,375,469Net Assets 2024: $11,203,3712024

Highlighted filing

2018

Assets$78,024,900
Liabilities$72,800,789
Net Assets$5,224,111

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,878,3222010Expenses 2011: $5,099,2482011Expenses 2012: $6,285,0852012Revenue 2013: $7,210,984Expenses 2013: $6,842,799Net Income 2013: $368,1852013Revenue 2015: $8,247,867Expenses 2015: $7,511,108Net Income 2015: $736,7592015Revenue 2016: $5,915,613Expenses 2016: $6,072,244Net Income 2016: -$156,6312016Revenue 2017: $7,252,293Expenses 2017: $8,719,342Net Income 2017: -$1,467,0492017Revenue 2018: $5,883,857Expenses 2018: $7,106,049Net Income 2018: -$1,222,1922018Revenue 2019: $5,415,762Expenses 2019: $5,103,425Net Income 2019: $312,3372019Revenue 2020: $4,437,781Expenses 2020: $4,018,886Net Income 2020: $418,8952020Revenue 2021: $4,418,777Expenses 2021: $4,122,057Net Income 2021: $296,7202021Revenue 2022: $6,042,768Expenses 2022: $4,569,879Net Income 2022: $1,472,8892022Revenue 2024: $8,276,415Expenses 2024: $6,431,305Net Income 2024: $1,845,1102024

Highlighted filing

2018

Revenue$5,883,857
Expenses$7,106,049
Net Income-$1,222,192
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$6,229,083
Mission and Program Overview

Mission

Provide community based financial solutions, anytime, anywhere, anyplace.

A non-profit cooperative that provides banking products and service to its membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$59,321,140$52,428,175▼ $6,892,965
Savings and Temporary Cash Investments$8,588,611$8,302,299▼ $286,312
Investments in Publicly Traded Securities$9,597,962$8,301,200▼ $1,296,762
Rtn Earn Endowment Incm Other Fnds$6,552,734$5,224,111▼ $1,328,623
Investments Other Securities$4,940,509$3,945,509▼ $995,000
Cash and Non-Interest-Bearing Accounts$2,236,011$2,515,620▲ $279,609
Land, Buildings, and Equipment, Net$1,187,413$1,228,925▲ $41,512
Prepaid Expenses and Deferred Charges$117,376$58,967▼ $58,409
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$87,508,382$78,024,900▼ $9,483,482
Other Assets Total$1,519,360$1,244,205▼ $275,155
Liabilities
Other Liabilities$79,307,521$72,173,859▼ $7,133,662
Accounts Payable and Accrued Expenses$1,648,127$626,930▼ $1,021,197
Total Liabilities$80,955,648$72,800,789▼ $8,154,859
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,552,734$5,224,111▼ $1,328,623
Total Liabilities and Net Assets / Fund Balance$87,508,382$78,024,900▼ $9,483,482

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$335,218$843,534$1,178,752
Buildings$480,339$614,722$1,095,061
Land$390,114-$390,114
Leasehold Improvements$23,254$13,792$37,046
Other Securities$3,735,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony WalkerPresident/CEO (resigned 3/13/18)FT$139,460$7,813$147,273
Phil PetersPresident/CEOFT$105,000$13,396$118,396
Frank MesquitaCFOFT$73,967$10,615$84,582
Sarah HortenCLO (resigned 3/2/18)FT$27,256$4,356$31,612

Board Members and Trustees

NameTitle
Jr McevoyChairman
Cliff KinserVice-chairman
Duane WallaceDirector
Joseph HardyDirector
Steve HudsonDirector
Janice WeaverSecretary
Sylvia MejiaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
VantivDebit/credit Card Processing500 NORTH JUNIPER DRIVE SUITE 100, Chandler, AZ 85226$355,924
Cu ProdigyCore Data System Services209 E GORDON AVE, Loayton, UT 84041$228,270
Fike Builders LLCConstruction/misc Repairs And Buildings2020 9TH STREET, Coolidge, AZ 85128$165,426
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,636,004
Investment Income
$247,853
Other Revenue
$0
Change in Net Assets
$-1,222,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,742,343
Salaries, Compensation, and Employee Benefits$2,094,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,308,508
Occupancy---$569,106
Current Officers, Directors, Trustees, and Key Employees---$381,862
All Other Expenses---$373,821
Other Expenses---$360,295
Office Expenses---$333,956
Information Technology---$330,562
Depreciation Depletion---$282,920
Benefits to Members---$269,568
Other Employee Benefits---$208,442
Fees for Services Other---$151,009
Payroll Taxes---$141,136
Fees for Services Legal---$108,424
Pension Plan Contributions---$54,190
Advertising---$52,991
Insurance---$45,759
Fees for Services Accounting---$32,657
Travel---$10,241
Interest---$9,398
Conferences and Meetings---$949
Total Functional Expenses$0$0$0$7,106,049
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
Memeber Share and Savings Account$72,173,859
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 6

Community based charter serving the following, but not limited to pinal county, persons working or living on tribal lands, federal employees, employees of indian tribes whose capital is located in the state of arizona and persons sponsored by a member of the credit union.

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

Members elect board of directors at the annual board meetings.

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

Bylaw amendments must be ratified by members at the annual meeting.

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

There are no committees that have authority to act on behalf of the governing body.

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

The credit union's accounting manager and director of administration will review the form 990. The president/ceo will approve the form 990. The board of directors will receive a copy of the form 990 prior to filing.

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

The credit union has an ethics and whistleblower policy which mandates that each official and employee of the credit union must sign upon working with the credit union. Each board member and employee must resign an updated statement annually. The conflict of interest policy is reviewed by the board of directors annually and discussed in awareness meetings.

Form 990, Part VI, Section B, Line 15A

The board of directors is responsible for reviewing and approving the compensation of the ceo. The board reviews an analysis of 990's from state chartered credit unions to determine the ceo's compensation. The board chairman documents the compensation amounts. The ceo reviews and approves all other compensation in accordance with the board approved budget. 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 credit union makes its conflict of interest policy and governing documents available upon request. Financial statements are available to the public.

Filing and Contact Details

Filer

Filer Name
First American Credit Union
EIN
86-0189823
Phone
5208368848
Address
1001 N PINAL AVENUE, CASA GRANDE, AZ 85122

Signing Officer

Name
Phil Peters
Title
President/CEO
Phone
5208368848
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Peters
Formed
1962
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
57
Volunteers
9

Preparer

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

Financial Statement Notes

PART X, LINE 2:

The credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2018.

Raw XML AppendixShowing 400 of 435 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/TitleTxt5DIRECTOR
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IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01472048
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01187413
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01228925
IRS990/LandBldgEquipCostOrOtherBssAmt02700973
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0345226
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FIRST AMERICAN CREDIT UNION IS A NON-PROFIT COOPERATIVE THAT PROVIDES BANKING PRODUCTS AND SERVICES TO ITS MEMBERSHIP. OUR MISSION IS TO CREATE FINANCIAL INDEPENDENCE, PROMOTE DIVERSITY AND ASSIST HARD-WORKING FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06552734
IRS990/NetAssetsOrFundBalancesEOYAmt05224111
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-90384
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-90384
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-106431
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0569106
IRS990/OfficeExpensesGrp/TotalAmt0333956
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01519360
IRS990/OtherAssetsTotalGrp/EOYAmt01244205
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0208442
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1INTERCHANGE TERMINAL
IRS990/OtherExpensesGrp/Desc2LOAN FEES
IRS990/OtherExpensesGrp/Desc3BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/TotalAmt01339066
IRS990/OtherExpensesGrp/TotalAmt1372450
IRS990/OtherExpensesGrp/TotalAmt2368739
IRS990/OtherExpensesGrp/TotalAmt3360295
IRS990/OtherLiabilitiesGrp/BOYAmt079307521
IRS990/OtherLiabilitiesGrp/EOYAmt072173859
IRS990/OtherSalariesAndWagesGrp/TotalAmt01308508
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt059321140
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt052428175
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0141136
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt054190
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0117376
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058967
IRS990/PrincipalOfficerNm0PHIL PETERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03019920
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12550393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03019920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12616084
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt065691
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0399230
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0445766
IRS990/PYOtherExpensesAmt05641158
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06806527
IRS990/PYRevenuesLessExpensesAmt0-1467049
IRS990/PYSalariesCompEmpBnftPaidAmt02678954
IRS990/PYTotalExpensesAmt08719342
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07252293
IRS990/ReconcilationRevenueExpnssAmt0-1222192
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06552734
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05224111
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08588611
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08302299
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0480339
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0614722
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01095061
IRS990ScheduleD/EquipmentGrp/BookValueAmt0335218
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0843534
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01178752
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0390114
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0390114
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023254
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013792
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt037046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt072173859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMEBER SHARE AND SAVINGS ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0210509
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt13735000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PERPETUAL CONTRIBUTED CAPITAL ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CERTIFICATES OF DEPOSIT IN OTHER FINANCIAL INSTITUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01228925
IRS990ScheduleD/TotalBookValueSecuritiesAmt03945509
IRS990ScheduleD/TotalLiabilityAmt072173859
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY BASED CHARTER SERVING THE FOLLOWING, BUT NOT LIMITED TO PINAL COUNTY, PERSONS WORKING OR LIVING ON TRIBAL LANDS, FEDERAL EMPLOYEES, EMPLOYEES OF INDIAN TRIBES WHOSE CAPITAL IS LOCATED IN THE STATE OF ARIZONA AND PERSONS SPONSORED BY A MEMBER OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT BOARD OF DIRECTORS AT THE ANNUAL BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BYLAW AMENDMENTS MUST BE RATIFIED BY MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION'S ACCOUNTING MANAGER AND DIRECTOR OF ADMINISTRATION WILL REVIEW THE FORM 990. THE PRESIDENT/CEO WILL APPROVE THE FORM 990. THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION HAS AN ETHICS AND WHISTLEBLOWER POLICY WHICH MANDATES THAT EACH OFFICIAL AND EMPLOYEE OF THE CREDIT UNION MUST SIGN UPON WORKING WITH THE CREDIT UNION. EACH BOARD MEMBER AND EMPLOYEE MUST RESIGN AN UPDATED STATEMENT ANNUALLY. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY AND DISCUSSED IN AWARENESS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE CEO. THE BOARD REVIEWS AN ANALYSIS OF 990'S FROM STATE CHARTERED CREDIT UNIONS TO DETERMINE THE CEO'S COMPENSATION. THE BOARD CHAIRMAN DOCUMENTS THE COMPENSATION AMOUNTS. THE CEO REVIEWS AND APPROVES ALL OTHER COMPENSATION IN ACCORDANCE WITH THE BOARD APPROVED BUDGET. 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CREDIT UNION MAKES ITS CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC.
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 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FIRST AMERICAN CREDIT UNION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FIRST AMERICAN ASSURANCE AGENCY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0471089501
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt07649
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0INSURANCE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt01705
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01001 N PINAL AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CASA GRANDE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd085122
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt087508382
IRS990/TotalAssetsEOYAmt078024900
IRS990/TotalAssetsGrp/BOYAmt087508382
IRS990/TotalAssetsGrp/EOYAmt078024900
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/TotalAmt07106049
IRS990/TotalGrossUBIAmt065691
IRS990/TotalLiabilitiesBOYAmt080955648
IRS990/TotalLiabilitiesEOYAmt072800789
IRS990/TotalLiabilitiesGrp/BOYAmt080955648
IRS990/TotalLiabilitiesGrp/EOYAmt072800789
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06552734
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05224111
IRS990/TotalOtherCompensationAmt036180
IRS990/TotalProgramServiceRevenueAmt05636004
IRS990/TotalReportableCompFromOrgAmt0345683
IRS990/TotalRevenueGrp/ExclusionAmt0247853
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05570313
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05883857
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt065691
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt087508382
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt078024900
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010241
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01001 N PINAL AVENUE
IRS990/USAddress/CityNm0CASA GRANDE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085122
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.FIRSTAMERICAN.ORG

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$102$11.2$8.28$6.43$1.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$102$7.40$6.04$4.57$1.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$103$6.62$4.42$4.12$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.0$88.7$6.33$4.44$4.02$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.4$75.6$5.80$5.42$5.10$0.31
2018Detailed filing. Detailed filing data is available for this year.$78.0$72.8$5.22$5.88$7.11$1.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.5$81.0$6.55$7.25$8.72$1.47
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$96.7$8.04$5.92$6.07$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$111$103$8.37$8.25$7.51$0.74
2013Detailed filing. Detailed filing data is available for this year.$101$93.8$7.43$7.21$6.84$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.8$84.7$7.06$6.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.0$76.5$7.50$5.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.3$2.41$72.9$5.88
Peer Organizations

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