Civic Intelligence

Altier Credit Union

EIN 86-0929205 • 501(c)14 • Tempe, AZ

Profile

Financial cooperative providing loans/services to credit union members.

1650 S Priest DriveTempe, AZ 85281

www.altiercu.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)14 • $1M-$5M nonprofits • Source year 2018

Net Margin

9th percentile

-58%

Higher net margin than 9% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

24th percentile

-100%

Faster asset growth than 24% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-83%

Faster revenue growth than 3% of similar nonprofits.

501(c)14 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $191,316,016 (-100%) from 2017

Liabilities

Down

$0

Down $186,688,467 (-100%) from 2017

Net Assets

Down

$0

Down $4,627,549 (-100%) from 2017

Revenue

Down

$1,774,818

Down $8,820,225 (-83%) from 2017

Expenses

Down

$2,795,778

Down $16,765,070 (-86%) from 2017

Net Income

Up

-$1,020,960

Up $7,944,845 (+89%) from 2017

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $164,045,381Liabilities 2010: $153,835,945Net Assets 2010: $10,209,4362010Assets 2011: $163,350,791Liabilities 2011: $152,439,346Net Assets 2011: $10,911,4452011Assets 2012: $168,726,175Liabilities 2012: $156,810,608Net Assets 2012: $11,915,5672012Assets 2013: $173,181,194Liabilities 2013: $160,143,210Net Assets 2013: $13,037,9842013Assets 2014: $177,783,585Liabilities 2014: $164,608,494Net Assets 2014: $13,175,0912014Assets 2015: $184,992,884Liabilities 2015: $170,610,988Net Assets 2015: $14,381,8962015Assets 2016: $189,324,026Liabilities 2016: $175,728,956Net Assets 2016: $13,595,0702016Assets 2017: $191,316,016Liabilities 2017: $186,688,467Net Assets 2017: $4,627,5492017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $10,594,9072010Expenses 2011: $9,712,5042011Expenses 2012: $8,392,6812012Revenue 2013: $10,096,098Expenses 2013: $8,630,755Net Income 2013: $1,465,3432013Revenue 2014: $9,252,651Expenses 2014: $8,969,909Net Income 2014: $282,7422014Revenue 2015: $9,887,610Expenses 2015: $9,455,753Net Income 2015: $431,8572015Revenue 2016: $10,389,814Expenses 2016: $11,214,405Net Income 2016: -$824,5912016Revenue 2017: $10,595,043Expenses 2017: $19,560,848Net Income 2017: -$8,965,8052017Revenue 2018: $1,774,818Expenses 2018: $2,795,778Net Income 2018: -$1,020,9602018

Highlighted filing

2018

Revenue$1,774,818
Expenses$2,795,778
Net Income-$1,020,960

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Mar 1, 2018
Signed
Feb 19, 2019
Return Version
2018v3.1
Gross Receipts
$1,777,714
Mission and Program Overview

Mission

Financial cooperative providing loans/services to credit union members.

Shaping a powerful financial future throughout our communities, one member at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$135,228,687$0▼ $135,228,687
Investments Other Securities$26,224,146$0▼ $26,224,146
Cash and Non-Interest-Bearing Accounts$18,229,000$0▼ $18,229,000
Land, Buildings, and Equipment, Net$6,771,074$0▼ $6,771,074
Rtn Earn Endowment Incm Other Fnds$4,627,549$0▼ $4,627,549
Prepaid Expenses and Deferred Charges$461,571$0▼ $461,571
Accounts Receivable$288,922$0▼ $288,922
Investments in Publicly Traded Securities$245,300$0▼ $245,300
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$191,316,016$0▼ $191,316,016
Other Assets Total$3,867,316$0▼ $3,867,316
Liabilities
Other Liabilities$182,252,498$0▼ $182,252,498
Accounts Payable and Accrued Expenses$4,421,205--
Escrow Account Liability$14,764--
Total Liabilities$186,688,467$0▼ $186,688,467
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,627,549$0▼ $4,627,549
Total Liabilities and Net Assets / Fund Balance$191,316,016$0▼ $191,316,016
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SkiltonPresident/CEOFT$26,180$15,071$41,251

Board Members and Trustees

NameTitle
Rose PfisterChair
BRENDAN O'CONNORVice Chair
George Njock IiDirector
Nathan EricksonDirector
Vicki DavisDirector
Yvonne ReininkSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,669,288
Investment Income
$105,530
Other Revenue
$0
Change in Net Assets
$-1,020,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,090,849
Salaries, Compensation, and Employee Benefits$652,370
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$446,323
Office Expenses---$354,842
Occupancy---$93,568
All Other Expenses---$88,907
Other Expenses---$77,109
Other Employee Benefits---$72,771
Benefits to Members---$52,559
Payroll Taxes---$51,016
Pension Plan Contributions---$50,468
Depreciation Depletion---$45,922
Current Officers, Directors, Trustees, and Key Employees---$31,792
Advertising---$21,588
Travel---$5,519
Fees for Services Legal---$394
Total Functional Expenses$0$0$0$2,795,778
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.

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

Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.

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

Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.

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

Form 990 is reviewed by the director of finance for altier credit union, a division of america first credit union, and the vp of accounting for america first credit union, prior to filing with the irs.

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

The credit union's conflict of interest policy is monitored by external auditors and examiners.

Form 990, Part VI, Section B, Line 15

The credit union uses salary grades that are based on compensation surveys in its industry. The board of directors approve compensation for officers and key employees.

Form 990, Part VI, Section C, Line 19

Financial statements are posted in the cu's administrative office lobby every month after the board meeting. Governing documents and the conflict of interest policy are not available to the public unless a member specifically requests to see them. The member may request these documents at the cu's administrative offices and documents are available for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Altier Credit Union
EIN
86-0929205
Phone
6027973000
Address
1650 S PRIEST DRIVE, TEMPE, AZ 85281

Signing Officer

Name
David Skilton
Title
Director of Finance
Phone
6027973000
Signed
2019-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Skilton
Formed
1998
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
11

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL SUITE 1100, MINNEAPOLIS, MN 55402
Preparer
Gerald B Kissell
Phone
6123324300
Supplemental Narrative

Additional Explanations

Form 990, Part 1, Line 6

The 11 volunteers reported consist of the 6 uncompensated board of directors and 5 supervisory committee members.

FORM 990, PART XI, LINE 9:

Net assets transferred to america first federal credit union -3,554,374.

Financial Statement Notes

PART IV, LINE 2B:

Escrow account balances are included in our deposit liabilities. These escrow accounts contain funds designated for property taxes and insurance premiums for home mortgages.

Raw XML AppendixShowing 400 of 485 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/Desc0CONSUMER LENDING - ALTIER CREDIT UNION PROVIDES SECURED CONSUMER LOANS FOR AUTOMOBILES, MOBILE HOMES, AND HOME EQUITY PRODUCTS, AS WELL AS PROVIDING UNSECURED CONSUMER LOANS FOR CREDIT CARDS AND OTHER LINES OF CREDIT. DURING THE PERIOD OF JANUARY-FEBRUARY 2018, THE CREDIT UNION FUNDED 3,758 NEW LOANS AND DISBURSED $11,099,311.52 IN NEW LOAN BALANCES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CONSUMER DEPOSITS - ALTIER CREDIT UNION PROVIDES DEPOSIT SERVICES IN THE FORM OF SAVINGS, CHECKING, MONEY MARKET, AND CERTIFICATE OF DEPOSIT ACCOUNTS. AT THE CLOSE OF FEBRUARY 2018, THE CREDIT UNION HAD 38,857 DEPOSIT ACCOUNTS AND $182,741,617 IN DEPOSIT BALANCES.
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER CONSUMER PRODUCTS - ALTIER CREDIT UNION OFFERS DEBT CANCELLATION INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE, EXTENDED VEHICLE WARRANTIES, AND GAP WARRANTIES.
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ESCROW ACCOUNT BALANCES ARE INCLUDED IN OUR DEPOSIT LIABILITIES. THESE ESCROW ACCOUNTS CONTAIN FUNDS DESIGNATED FOR PROPERTY TAXES AND INSURANCE PREMIUMS FOR HOME MORTGAGES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0NET LOANS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH & CASH EQUIVALENTS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2INVESTMENTS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3RECEIVABLES
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4PREPAID EXPENES
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc5LAND AND BUILDING
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc6OTHER ASSETS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc7GOODWILL
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc8CORE DEPOSIT INTANGIBLE
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc9OTHER FIXED ASSETS
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt1AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt2AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt3AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt4AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt5AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt6AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt7AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt8AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt9AMERICA FIRST FEDERAL CREDIT UNION
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt22018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt32018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt42018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt52018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt62018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt72018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt82018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt92018-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN1870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN2870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN3870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN4870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN5870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN6870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN7870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN8870216202
IRS990ScheduleN/DispositionOfAssetsDetail/EIN9870216202
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0129912771
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt121136012
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt219866324
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt3741832
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt4439637
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt55697541
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt67893530
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt7-1391246
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt83073497
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt9972786
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt1501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt2501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt3501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt4501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt5501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt6501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt7501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt8501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt9501(C)(1)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0COMPARABLES
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt2COMPARABLES
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt4COST LESS DEPRECIATION
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt5APPRAISAL
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt6BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt7COMPARABLES
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt8COMPARABLES
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt9COMPARABLES
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt1PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt2PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt3PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt4PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt5PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt6PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt7PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt8PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt9PO BOX 9199
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm1OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm2OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm3OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm4OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm5OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm6OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm7OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm8OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm9OGDEN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd1UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd2UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd3UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd4UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd5UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd6UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd7UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd8UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd9UT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd084409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd184409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd284409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd384409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd484409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd584409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd684409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd784409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd884409
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd984409
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: DAVID SKILTON
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: THE FORMER CEO OF ALTIER CREDIT UNION RECEIVED A SEVEARNCE PACKAGE FROM MARCH - AUGUST 2018.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 11 VOLUNTEERS REPORTED CONSIST OF THE 6 UNCOMPENSATED BOARD OF DIRECTORS AND 5 SUPERVISORY COMMITTEE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE FOR ALTIER CREDIT UNION, A DIVISION OF AMERICA FIRST CREDIT UNION, AND THE VP OF ACCOUNTING FOR AMERICA FIRST CREDIT UNION, PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS MONITORED BY EXTERNAL AUDITORS AND EXAMINERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION USES SALARY GRADES THAT ARE BASED ON COMPENSATION SURVEYS IN ITS INDUSTRY. THE BOARD OF DIRECTORS APPROVE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL STATEMENTS ARE POSTED IN THE CU'S ADMINISTRATIVE OFFICE LOBBY EVERY MONTH AFTER THE BOARD MEETING. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC UNLESS A MEMBER SPECIFICALLY REQUESTS TO SEE THEM. THE MEMBER MAY REQUEST THESE DOCUMENTS AT THE CU'S ADMINISTRATIVE OFFICES AND DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET ASSETS TRANSFERRED TO AMERICA FIRST FEDERAL CREDIT UNION -3,554,374.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART 1, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
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 15

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