Form 990, Part VI, Section A, line 6
“The credit union was formed by the members to provide quality financial services to its members.”
990 • Fiscal year 2018 • EIN 86-6095651
Scores are not available for this record yet.
Assets
Flat$34,023,064
Flat from 2018
Net Assets
Flat$5,476,632
Flat from 2018
Liabilities
Flat$28,546,432
Flat from 2018
Revenue
Flat$1,724,398
Flat from 2018
Expenses
Flat$1,276,120
Flat from 2018
Net Income
Flat$448,278
Flat from 2018
The credit union was established to promote thrift among its members, creating a source of credit for such members at reasonable rates of interest and providing an opportunity for its members to use and control their own money on a democratic basis to improve their economic and social conditions.
To promote thrift and savings among its members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $22,251,516 | $24,506,070 | ▲ $2,254,554 |
| Savings and Temporary Cash Investments | $9,381,151 | $8,452,535 | ▼ $928,616 |
| Rtn Earn Endowment Incm Other Fnds | $4,651,798 | $5,100,076 | ▲ $448,278 |
| Cash and Non-Interest-Bearing Accounts | $529,723 | $449,024 | ▼ $80,699 |
| Cap Stk Tr Prin Current Funds | $376,556 | $376,556 | → $0 |
| Land, Buildings, and Equipment, Net | $153,660 | $200,735 | ▲ $47,075 |
| Prepaid Expenses and Deferred Charges | $64,136 | $65,529 | ▲ $1,393 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $32,706,065 | $34,023,064 | ▲ $1,316,999 |
| Other Assets Total | $325,879 | $349,171 | ▲ $23,292 |
| Liabilities | |||
| Other Liabilities | $27,672,108 | $28,536,778 | ▲ $864,670 |
| Accounts Payable and Accrued Expenses | $5,603 | $9,654 | ▲ $4,051 |
| Total Liabilities | $27,677,711 | $28,546,432 | ▲ $868,721 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $5,028,354 | $5,476,632 | ▲ $448,278 |
| Total Liabilities and Net Assets / Fund Balance | $32,706,065 | $34,023,064 | ▲ $1,316,999 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $87,365 | $397,218 | $484,583 |
| Other Land Buildings | $78,589 | $196,484 | $275,073 |
| Buildings | $17,843 | $71,021 | $88,864 |
| Land | $16,938 | - | $16,938 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shelley Thompson | CEO/general Manager | FT | $76,288 | $11,345 | $87,633 |
| Name | Title |
|---|---|
| Betty Peterson | Chairperson |
| Betsy Ajeman | Vice Chairperson |
| Cheryl Layton Jan-may | Director |
| Dan Douglas | Director |
| Lorie Moreman | Director |
| Nancy Welch May-dec | Director |
| Kathy Moreno | Secretary |
| Troy Judd | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $728,578 |
| Salaries, Compensation, and Employee Benefits | $547,542 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $364,424 |
| Office Expenses | - | - | - | $165,818 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $87,633 |
| Interest | - | - | - | $77,195 |
| Depreciation Depletion | - | - | - | $43,850 |
| Travel | - | - | - | $42,176 |
| Other Employee Benefits | - | - | - | $40,178 |
| Payroll Taxes | - | - | - | $34,342 |
| Occupancy | - | - | - | $32,895 |
| Information Technology | - | - | - | $31,418 |
| Pension Plan Contributions | - | - | - | $20,965 |
| Other Expenses | - | - | - | $19,100 |
| Advertising | - | - | - | $17,943 |
| Fees for Services Other | - | - | - | $13,955 |
| Fees for Services Accounting | - | - | - | $6,000 |
| Conferences and Meetings | - | - | - | $4,056 |
| Fees for Services Legal | - | - | - | $3,470 |
| Total Functional Expenses | $0 | $0 | $0 | $1,276,120 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| MEMBERS' SHARES & SAVINGS | $28,495,470 |
| Accrued Expenses | $39,385 |
| Dividends Payable | $1,724 |
| Taxes Payable | $199 |
“The credit union was formed by the members to provide quality financial services to its members.”
“The members of the credit union vote on the board of directors. Elections are done on a one member one vote basis.”
“No review was or will be conducted.”
“The board and employees are required to be familiar with the conflict of interest policy and report any possible conflict to managment or the board as soon as they are aware of the possible conflict.”
“Compensation is approved by the board of directors. The board uses the small credit union staff salary survey produced by cuna when determining the top management official's wages. The credit union does not have any other employees, besides the top management official, who are considered officers or key employees.”
“The credit union will provide a complete copy of the organization's governing documents and conflict of interest policy to any member who requests a copy. The credit union does not have audited financial statements, instead they have an independent cpa perform agreed upon procedures required by section 715 of the national credit union administration rules and regulations. A copy of the report from the cpa is available to any member requesting a copy.”
“The amount of other assets on form 990, page 11, part x, line 15 does not equal or exceed 5 percent of the total assets on form 990, page 11, part x, line 16, column b. Consequently in accordance with irs instructions schedule d, part ix has been left blank.”
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/ActivityOrMissionDesc | 0 | TO PROMOTE THRIFT AND SAVINGS AMONG ITS MEMBERS. |
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| IRS990/Desc | 0 | THE CREDIT UNION CURRENTLY MAINTAINS 8,307 ACCOUNTS AND SERVES ITS MEMBERSHIP BY HOLDING DEPOSITS FOR AND MAKING LOANS TO ITS 4,392 MEMBERS DURING THE YEAR. |
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| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 87365 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 397218 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 484583 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 16938 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 16938 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 78589 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 196484 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 275073 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 28495470 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1724 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 39385 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 199 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBERS' SHARES & SAVINGS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DIVIDENDS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | TAXES PAYABLE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5 PERCENT OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART IX HAS BEEN LEFT BLANK. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part IX: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 200735 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 28536778 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION WAS FORMED BY THE MEMBERS TO PROVIDE QUALITY FINANCIAL SERVICES TO ITS MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MEMBERS OF THE CREDIT UNION VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD AND EMPLOYEES ARE REQUIRED TO BE FAMILIAR WITH THE CONFLICT OF INTEREST POLICY AND REPORT ANY POSSIBLE CONFLICT TO MANAGMENT OR THE BOARD AS SOON AS THEY ARE AWARE OF THE POSSIBLE CONFLICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD USES THE SMALL CREDIT UNION STAFF SALARY SURVEY PRODUCED BY CUNA WHEN DETERMINING THE TOP MANAGEMENT OFFICIAL'S WAGES. THE CREDIT UNION DOES NOT HAVE ANY OTHER EMPLOYEES, BESIDES THE TOP MANAGEMENT OFFICIAL, WHO ARE CONSIDERED OFFICERS OR KEY EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CREDIT UNION WILL PROVIDE A COMPLETE COPY OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY TO ANY MEMBER WHO REQUESTS A COPY. THE CREDIT UNION DOES NOT HAVE AUDITED FINANCIAL STATEMENTS, INSTEAD THEY HAVE AN INDEPENDENT CPA PERFORM AGREED UPON PROCEDURES REQUIRED BY SECTION 715 OF THE NATIONAL CREDIT UNION ADMINISTRATION RULES AND REGULATIONS. A COPY OF THE REPORT FROM THE CPA IS AVAILABLE TO ANY MEMBER REQUESTING A COPY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, line 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | AZ |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 34023064 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 32706065 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 34023064 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 12 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1276120 |
| IRS990/TotalGrossUBIAmt | 0 | -386 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 27677711 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 28546432 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 27677711 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 28546432 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 5028354 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5476632 |
| IRS990/TotalOtherCompensationAmt | 0 | 11345 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1581173 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 76288 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -2935 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1727719 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1724398 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | -386 |
| IRS990/TotalVolunteersCnt | 0 | 7 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 32706065 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 34023064 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 42176 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 170 NORTH HASKELL |
| IRS990/USAddress/CityNm | 0 | WILLCOX |
| IRS990/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990/USAddress/ZIPCd | 0 | 85643 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.COCHISECU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHELLEY THOMPSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO/PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5203842822 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-06-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COCHISE CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COCH |
| ReturnHeader/Filer/EIN | 0 | 866095651 |
| ReturnHeader/Filer/PhoneNum | 0 | 5203842822 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 170 NORTH HASKELL |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WILLCOX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85643 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 4EC26C72DF4D0007137EF13377A37C4A82B0A87F |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 63C74B8E815B1F0816197D2F3E7BFD2222AD4123 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 65.182.80.152 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-07 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:51:31 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 750882037 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BOLINGER SEGARS GILBERT AND MOSS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8215 NASHVILLE AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LUBBOCK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 79423 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8067473806 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-06-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Matt R Willis |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-09-06T16:12:27-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.