Civic Intelligence

Credit Unions in the State of Arizona

990 • Fiscal year 2019 • EIN 86-6095651

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 15, 2020

Organization ProfileWWW.COCHISECU.COM

View Organization Page

PO Box 1154Willcox, AZ 85643

(520) 384-2822

Siviq Scores

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

Liabilities / Assets

27th percentile

0.83x

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

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

33rd percentile

15.62x

Higher debt load relative to revenue than 33% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

97th percentile

34%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

28th percentile

$86,561

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

87th percentile

8.0%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

14%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$36,748,197

Up $2,725,133 (+8.0%) from 2018

Net Assets

Up

$6,145,310

Up $668,678 (+12%) from 2018

Liabilities

Up

$30,602,887

Up $2,056,455 (+7.2%) from 2018

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin97th percentile

Revenue

Up

$1,959,530

Up $235,132 (+14%) from 2018

Expenses

Up

$1,290,852

Up $14,732 (+1.2%) from 2018

Net Income

Up

$668,678

Up $220,400 (+49%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$80M$60M$40M$20M$0Assets 2010: $23,327,120Liabilities 2010: $20,301,828Net Assets 2010: $3,025,2922010Assets 2011: $23,703,536Liabilities 2011: $20,362,656Net Assets 2011: $3,340,8802011Assets 2012: $25,317,481Liabilities 2012: $21,709,802Net Assets 2012: $3,607,6792012Assets 2013: $28,091,056Liabilities 2013: $24,224,768Net Assets 2013: $3,866,2882013Assets 2014: $28,063,009Liabilities 2014: $23,936,587Net Assets 2014: $4,126,4222014Assets 2015: $29,837,655Liabilities 2015: $25,449,368Net Assets 2015: $4,388,2872015Assets 2016: $31,344,157Liabilities 2016: $26,649,766Net Assets 2016: $4,694,3912016Assets 2017: $32,706,065Liabilities 2017: $27,677,711Net Assets 2017: $5,028,3542017Assets 2018: $34,023,064Liabilities 2018: $28,546,432Net Assets 2018: $5,476,6322018Assets 2019: $36,748,197Liabilities 2019: $30,602,887Net Assets 2019: $6,145,3102019Assets 2020: $47,835,279Liabilities 2020: $41,117,039Net Assets 2020: $6,718,2402020Assets 2021: $54,539,696Liabilities 2021: $47,120,071Net Assets 2021: $7,419,6252021Assets 2022: $59,107,884Liabilities 2022: $50,772,786Net Assets 2022: $8,335,0982022Assets 2023: $58,650,837Liabilities 2023: $49,071,261Net Assets 2023: $9,579,5762023Assets 2024: $67,312,907Liabilities 2024: $56,507,752Net Assets 2024: $10,805,1552024

Highlighted filing

2019

Assets$36,748,197
Liabilities$30,602,887
Net Assets$6,145,310
Open 2019 Filing

Operations Trend

Revenue Growth87th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $1,087,9512010Expenses 2011: $1,037,6042011Expenses 2012: $1,046,0892012Revenue 2013: $1,329,987Expenses 2013: $1,071,378Net Income 2013: $258,6092013Revenue 2014: $1,341,759Expenses 2014: $1,081,625Net Income 2014: $260,1342014Revenue 2015: $1,400,179Expenses 2015: $1,138,314Net Income 2015: $261,8652015Revenue 2016: $1,460,563Expenses 2016: $1,154,459Net Income 2016: $306,1042016Revenue 2017: $1,508,087Expenses 2017: $1,174,124Net Income 2017: $333,9632017Revenue 2018: $1,724,398Expenses 2018: $1,276,120Net Income 2018: $448,2782018Revenue 2019: $1,959,530Expenses 2019: $1,290,852Net Income 2019: $668,6782019Revenue 2020: $1,940,898Expenses 2020: $1,367,968Net Income 2020: $572,9302020Revenue 2021: $2,079,446Expenses 2021: $1,378,061Net Income 2021: $701,3852021Revenue 2022: $2,422,011Expenses 2022: $1,506,538Net Income 2022: $915,4732022Revenue 2023: $3,032,075Expenses 2023: $1,787,597Net Income 2023: $1,244,4782023Revenue 2024: $3,590,854Expenses 2024: $2,365,275Net Income 2024: $1,225,5792024

Highlighted filing

2019

Revenue$1,959,530
Expenses$1,290,852
Net Income$668,678
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 15, 2020
Return Version
2019v5.1
Gross Receipts
$1,959,530
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$24,506,070$26,058,256▲ $1,552,186
Savings and Temporary Cash Investments$8,452,535$9,489,807▲ $1,037,272
Rtn Earn Endowment Incm Other Fnds$5,100,076$5,768,754▲ $668,678
Cash and Non-Interest-Bearing Accounts$449,024$577,358▲ $128,334
Cap Stk Tr Prin Current Funds$376,556$376,556→ $0
Land, Buildings, and Equipment, Net$200,735$172,062▼ $28,673
Prepaid Expenses and Deferred Charges$65,529$84,856▲ $19,327
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$34,023,064$36,748,197▲ $2,725,133
Other Assets Total$349,171$365,858▲ $16,687
Liabilities
Other Liabilities$28,536,778$30,546,246▲ $2,009,468
Accounts Payable and Accrued Expenses$9,654$56,641▲ $46,987
Total Liabilities$28,546,432$30,602,887▲ $2,056,455
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,476,632$6,145,310▲ $668,678
Total Liabilities and Net Assets / Fund Balance$34,023,064$36,748,197▲ $2,725,133

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,155$424,128$497,283
Other Land Buildings$68,324$216,578$284,902
Buildings$13,645$75,219$88,864
Land$16,938-$16,938
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shelley ThompsonCEO/general ManagerFT$76,288$10,273$86,561

Board Members and Trustees

NameTitle
Betty PetersonChairperson
Betsy AjemanVice Chairperson
Dan DouglasDirector
Lorie MoremanDirector
Nancy WelchDirector
Kathy MorenoSecretary
Troy JuddTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,730,651
Investment Income
$221,065
Other Revenue
$7,814
Change in Net Assets
$668,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$717,956
Salaries, Compensation, and Employee Benefits$572,896
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$389,034
Office Expenses---$151,825
Interest---$131,968
Current Officers, Directors, Trustees, and Key Employees---$86,561
Depreciation Depletion---$52,697
Other Employee Benefits---$42,246
Payroll Taxes---$34,938
Information Technology---$32,566
Occupancy---$28,520
Travel---$27,533
Advertising---$25,851
Pension Plan Contributions---$20,117
Fees for Services Accounting---$18,000
Fees for Services Legal---$15,843
Other Expenses---$12,463
Fees for Services Other---$10,247
Conferences and Meetings---$3,780
Total Functional Expenses$0$0$0$1,290,852
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 & SAVINGS$30,383,624
Other Loans$106,549
Accrued Expenses$52,207
Dividends Payable$2,949
Taxes Payable$917
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union was formed by the members to provide quality financial services to its members.”

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

“The members of the credit union vote on the board of directors. Elections are done on a one member one vote basis.”

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

“No review was or will be conducted.”

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

“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.”

Form 990, Part VI, Section B, Line 15

“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.”

Form 990, Part VI, Section C, Line 19

“The credit union will provide a complete copy of the organization's governing documents, audited financial statements and conflict of interest policy to any member who requests a copy. The audited financial statements are on a september 30 year end while the 990 is on a december 31 year end.”

Filing and Contact Details

Filer

Filer Name
Cochise Credit Union
EIN
86-6095651
Phone
5203842822
Address
PO BOX 1154, WILLCOX, AZ 85643

Signing Officer

Name
Shelley Thompson
Title
CEO/president
Phone
5203842822
Signed
2020-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelley Thompson
Formed
1958
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
15
Volunteers
7

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2B

“Line 2b has been answered yes becuase the credit union has a financial statement audit performed by an independent cpa. The audit is performed for the year end september 30. The 990 is filed on calendar year information for the period january 1 - december 31.”

Financial Statement Notes

SCHEDULE D, PART IX:

“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.”

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09654
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056641
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE THRIFT AND SAVINGS AMONG ITS MEMBERS.
IRS990/AdvertisingGrp/TotalAmt025851
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHELLEY THOMPSON
IRS990/BooksInCareOfDetail/PhoneNum05203842822
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0170 NORTH HASKELL
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILLCOX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085643
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/Desc0THE CREDIT UNION CURRENTLY MAINTAINS 8,220 ACCOUNTS AND SERVES ITS MEMBERSHIP BY HOLDING DEPOSITS FOR AND MAKING LOANS TO ITS 4,430 MEMBERS DURING THE YEAR.
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IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/PersonNm1BETTY PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2BETSY AJEMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm4TROY JUDD
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm6LORIE MOREMAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO/GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0THE 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.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc0DUES & FEES EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICE EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
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IRS990/PartialLiquidationInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd3522200
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1VISA CARD
IRS990/ProgramServiceRevenueGrp/Desc2ACCOUNT SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc3SERVICE INCOME ON LOAN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01365157
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1211482
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2129491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01365157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2138111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315901
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08620
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt17196
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0133492
IRS990/PYOtherExpensesAmt0728578
IRS990/PYOtherRevenueAmt09733
IRS990/PYProgramServiceRevenueAmt01581173
IRS990/PYRevenuesLessExpensesAmt0448278
IRS990/PYSalariesCompEmpBnftPaidAmt0547542
IRS990/PYTotalExpensesAmt01276120
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01724398
IRS990/ReconcilationRevenueExpnssAmt0668678
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05100076
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05768754
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08452535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09489807
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt075219
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt088864
IRS990ScheduleD/EquipmentGrp/BookValueAmt073155
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0424128
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0497283
IRS990ScheduleD/LandGrp/BookValueAmt016938
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016938
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt068324
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0216578
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0284902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030383624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt252207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3917
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4106549
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES & SAVINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DIVIDENDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER LOANS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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/FormAndLineReferenceDesc0SCHEDULE D, PART IX:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0172062
IRS990ScheduleD/TotalLiabilityAmt030546246
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION WAS FORMED BY THE MEMBERS TO PROVIDE QUALITY FINANCIAL SERVICES TO ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4COMPENSATION 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/ExplanationTxt5THE CREDIT UNION WILL PROVIDE A COMPLETE COPY OF THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY TO ANY MEMBER WHO REQUESTS A COPY. THE AUDITED FINANCIAL STATEMENTS ARE ON A SEPTEMBER 30 YEAR END WHILE THE 990 IS ON A DECEMBER 31 YEAR END.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 2B HAS BEEN ANSWERED YES BECUASE THE CREDIT UNION HAS A FINANCIAL STATEMENT AUDIT PERFORMED BY AN INDEPENDENT CPA. THE AUDIT IS PERFORMED FOR THE YEAR END SEPTEMBER 30. THE 990 IS FILED ON CALENDAR YEAR INFORMATION FOR THE PERIOD JANUARY 1 - DECEMBER 31.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2B
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt034023064
IRS990/TotalAssetsEOYAmt036748197
IRS990/TotalAssetsGrp/BOYAmt034023064
IRS990/TotalAssetsGrp/EOYAmt036748197
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/TotalAmt01290852
IRS990/TotalGrossUBIAmt022085
IRS990/TotalLiabilitiesBOYAmt028546432
IRS990/TotalLiabilitiesEOYAmt030602887
IRS990/TotalLiabilitiesGrp/BOYAmt028546432
IRS990/TotalLiabilitiesGrp/EOYAmt030602887
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05476632
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06145310
IRS990/TotalOtherCompensationAmt010273
IRS990/TotalProgramServiceRevenueAmt01730651
IRS990/TotalReportableCompFromOrgAmt076288
IRS990/TotalRevenueGrp/ExclusionAmt013173
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01924272
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01959530
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt022085
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034023064
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt036748197
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt027533
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1154
IRS990/USAddress/CityNm0WILLCOX
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085643
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.COCHISECU.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLEY THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05203842822
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COCHISE CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0COCH
ReturnHeader/Filer/EIN0866095651
ReturnHeader/Filer/PhoneNum05203842822
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1154
ReturnHeader/Filer/USAddress/CityNm0WILLCOX
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ReturnHeader/Filer/USAddress/ZIPCd085643
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId063C74B8E815B1F0816197D2F3E7BFD2222AD4123
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.182.80.152
ReturnHeader/FilingSecurityInformation/IPDt02020-10-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:45:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750882037
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLINGER SEGARS GILBERT AND MOSS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 NASHVILLE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUBBOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079423
ReturnHeader/PreparerPersonGrp/PhoneNum08067473806
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATT R WILLIS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-10-26T08:50:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,748,197
Liabilities
$30,602,887
Net assets
$6,145,310
Revenue
$1,959,530
Expenses
$1,290,852
Net income
$668,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$67.3$56.5$10.8$3.59$2.37$1.23
2023Detailed filing. Detailed filing data is available for this year.$58.7$49.1$9.58$3.03$1.79$1.24
2022Detailed filing. Detailed filing data is available for this year.$59.1$50.8$8.34$2.42$1.51$0.92
2021Detailed filing. Detailed filing data is available for this year.$54.5$47.1$7.42$2.08$1.38$0.70
2020Detailed filing. Detailed filing data is available for this year.$47.8$41.1$6.72$1.94$1.37$0.57
2019Detailed filing. Detailed filing data is available for this year.$36.7$30.6$6.15$1.96$1.29$0.67
2018Detailed filing. Detailed filing data is available for this year.$34.0$28.5$5.48$1.72$1.28$0.45
2017Detailed filing. Detailed filing data is available for this year.$32.7$27.7$5.03$1.51$1.17$0.33
2016Detailed filing. Detailed filing data is available for this year.$31.3$26.6$4.69$1.46$1.15$0.31
2015Detailed filing. Detailed filing data is available for this year.$29.8$25.4$4.39$1.40$1.14$0.26
2014Detailed filing. Detailed filing data is available for this year.$28.1$23.9$4.13$1.34$1.08$0.26
2013Detailed filing. Detailed filing data is available for this year.$28.1$24.2$3.87$1.33$1.07$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$21.7$3.61$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$20.4$3.34$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$20.3$3.03$1.09