Civic Intelligence

Boulder Dam Credit Union

EIN 88-0059939 • 501(c)14 • Boulder City, NV

Profile

We are people helping people build their futures and realize their dreams.

PO Box 61530Boulder City, NV 89006-1530

www.boulderdamcu.org

Siviq Scores

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

Liabilities / Assets

26th percentile

0.88x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

18.82x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

94th percentile

25%

Higher net margin than 94% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

48th percentile

$537,212

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

$250M-$1B nonprofits • Source year 2022

Asset Growth

47th percentile

2.6%

Faster asset growth than 47% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

8.5%

Faster revenue growth than 25% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$829,187,256

Up $20,767,596 (+2.6%) from 2023

Liabilities

Up

$730,626,722

Up $6,173,338 (+0.9%) from 2023

Net Assets

Up

$98,560,534

Up $14,594,258 (+17%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin94th percentile

Revenue

Up

$38,822,882

Up $3,049,789 (+8.5%) from 2023

Expenses

Up

$28,934,079

Up $107,652 (+0.4%) from 2023

Net Income

Up

$9,888,803

Up $2,942,137 (+42%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$1.0B$500M$0Assets 2010: $478,908,770Liabilities 2010: $436,834,196Net Assets 2010: $42,074,5742010Assets 2011: $457,411,956Liabilities 2011: $420,335,915Net Assets 2011: $37,076,0412011Assets 2012: $468,874,728Liabilities 2012: $428,810,685Net Assets 2012: $40,064,0432012Assets 2013: $489,554,292Liabilities 2013: $445,221,587Net Assets 2013: $44,332,7052013Assets 2014: $508,358,320Liabilities 2014: $456,798,859Net Assets 2014: $51,559,4612014Assets 2015: $543,819,976Liabilities 2015: $487,885,266Net Assets 2015: $55,934,7102015Assets 2016: $584,085,516Liabilities 2016: $523,912,407Net Assets 2016: $60,173,1092016Assets 2017: $603,174,654Liabilities 2017: $535,923,390Net Assets 2017: $67,251,2642017Assets 2018: $628,904,759Liabilities 2018: $558,143,614Net Assets 2018: $70,761,1452018Assets 2019: $652,906,191Liabilities 2019: $570,008,772Net Assets 2019: $82,897,4192019Assets 2020: $772,081,335Liabilities 2020: $680,170,072Net Assets 2020: $91,911,2632020Assets 2021: $864,129,621Liabilities 2021: $774,787,772Net Assets 2021: $89,341,8492021Assets 2022: $835,531,285Liabilities 2022: $760,437,757Net Assets 2022: $75,093,5282022Assets 2023: $808,419,660Liabilities 2023: $724,453,384Net Assets 2023: $83,966,2762023Assets 2024: $829,187,256Liabilities 2024: $730,626,722Net Assets 2024: $98,560,5342024

Highlighted filing

2024

Assets$829,187,256
Liabilities$730,626,722
Net Assets$98,560,534
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $17,385,8412010Expenses 2011: $16,083,6662011Expenses 2012: $11,771,6692012Revenue 2013: $14,574,487Expenses 2013: $10,305,826Net Income 2013: $4,268,6612013Revenue 2014: $17,015,574Expenses 2014: $9,788,818Net Income 2014: $7,226,7562014Revenue 2015: $19,370,367Expenses 2015: $14,891,269Net Income 2015: $4,479,0982015Revenue 2016: $20,480,817Expenses 2016: $15,132,883Net Income 2016: $5,347,9342016Revenue 2017: $21,386,707Expenses 2017: $15,375,863Net Income 2017: $6,010,8442017Revenue 2018: $22,713,811Expenses 2018: $16,282,347Net Income 2018: $6,431,4642018Revenue 2019: $24,979,127Expenses 2019: $18,591,486Net Income 2019: $6,387,6412019Revenue 2020: $21,917,362Expenses 2020: $18,651,428Net Income 2020: $3,265,9342020Revenue 2021: $17,427,262Expenses 2021: $13,796,078Net Income 2021: $3,631,1842021Revenue 2022: $23,391,791Expenses 2022: $15,254,077Net Income 2022: $8,137,7142022Revenue 2023: $35,773,093Expenses 2023: $28,826,427Net Income 2023: $6,946,6662023Revenue 2024: $38,822,882Expenses 2024: $28,934,079Net Income 2024: $9,888,8032024

Highlighted filing

2024

Revenue$38,822,882
Expenses$28,934,079
Net Income$9,888,803
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$829,187,256
Liabilities
$730,626,722
Net assets
$98,560,534
Revenue
$38,822,882
Expenses
$28,934,079
Net income
$9,888,803
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$829$731$98.6$38.8$28.9$9.89
2023Detailed filing. Detailed filing data is available for this year.$808$724$84.0$35.8$28.8$6.95
2022Detailed filing. Detailed filing data is available for this year.$836$760$75.1$23.4$15.3$8.14
2021Detailed filing. Detailed filing data is available for this year.$864$775$89.3$17.4$13.8$3.63
2020Detailed filing. Detailed filing data is available for this year.$772$680$91.9$21.9$18.7$3.27
2019Detailed filing. Detailed filing data is available for this year.$653$570$82.9$25.0$18.6$6.39
2018Detailed filing. Detailed filing data is available for this year.$629$558$70.8$22.7$16.3$6.43
2017Detailed filing. Detailed filing data is available for this year.$603$536$67.3$21.4$15.4$6.01
2016Detailed filing. Detailed filing data is available for this year.$584$524$60.2$20.5$15.1$5.35
2015Detailed filing. Detailed filing data is available for this year.$544$488$55.9$19.4$14.9$4.48
2014Detailed filing. Detailed filing data is available for this year.$508$457$51.6$17.0$9.79$7.23
2013Detailed filing. Detailed filing data is available for this year.$490$445$44.3$14.6$10.3$4.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$469$429$40.1$11.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$457$420$37.1$16.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$479$437$42.1$17.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$38,822,882
Mission and Program Overview

Mission

We are people helping people build their futures and realize their dreams.

We are people helping people build their futures and realize their dreams by providing share and loan accounts and other financial services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$482,675,229$413,549,944▼ $69,125,285
Other Notes and Loans Receivable, Net$271,173,158$316,278,228▲ $45,105,070
Rtn Earn Endowment Incm Other Fnds$83,966,276$98,560,534▲ $14,594,258
Cash and Non-Interest-Bearing Accounts$46,772,203$90,056,818▲ $43,284,615
Receivables From Officers Etc$6,681,752$5,419,095▼ $1,262,657
Land, Buildings, and Equipment, Net$1,098,662$1,098,662→ $0
Prepaid Expenses and Deferred Charges$4,398$256,322▲ $251,924
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$808,419,660$829,187,256▲ $20,767,596
Other Assets Total$14,258$2,528,187▲ $2,513,929
Liabilities
Other Liabilities$723,242,404$729,259,899▲ $6,017,495
Accounts Payable and Accrued Expenses$1,210,980$1,366,823▲ $155,843
Total Liabilities$724,453,384$730,626,722▲ $6,173,338
Net Assets / Fund Balance
Total Net Assets Fund Balance$83,966,276$98,560,534▲ $14,594,258
Total Liabilities and Net Assets / Fund Balance$808,419,660$829,187,256▲ $20,767,596

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$4,853,483$4,853,483
Land$1,098,662-$1,098,662
Equipment$0$283,085$283,085
Other Securities$392,000--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steele HendrixPresident / CEOFT$340,332$116,367$456,699
Kyle JohnsonVice-president / Risk ManagementFT$155,425$69,811$225,236
Mary Beth CliftMember Services CoordinatorFT$168,411$50,740$219,151
Jaron SingletonVice-president / CFOFT$155,861$60,449$216,310
Barbara BennettLoan CoordinatorFT$137,350$52,901$190,251
Teri SimmonsAssistant Operations CoordinatorFT$125,969$45,223$171,192
Kim DennettAssistant Loan CoordinatorFT$113,505$44,663$158,168
Nancy WardFormer Account AdministratorFT$139,035$12,891$151,926

Board Members and Trustees

NameTitle
Doug ScheppmanChair
Robert MerrellVice Chair
Cyndy AndersonDirector
Terry StevensDirector
Tina MullisDirector
Charmaine FerrariSecretary
Frank DisanzaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservData Processing2601 NETWORK BLVD SUITE 600, Frisco, TX 75034$1,899,587
Quality Construction ManagersConstruction1011 INDUSTRIAL RD STE 5, Boulder City, NV 89005$530,148
Business Data INCStatement Processing And MailingPO BOX 91218, Los Angeles, CA 90009$145,945
Diebold NixdorfAtm Services And SupportPO BOX 643543, Pittsburgh, PA 15264$123,872
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,362,881
Investment Income
$21,445,714
Other Revenue
$14,287
Change in Net Assets
$9,888,803

Audited Revenue Reconciliation

Revenue per Audited Statements
$38,233,577
Revenue Not Reported on Financial Statements
$589,305
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$589,305
Total Revenue per Audited Statements
$38,233,577
Total Revenue per Form 990
$38,822,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,810,371
Salaries, Compensation, and Employee Benefits$6,123,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,620,533
Fees for Services Other---$1,699,017
Current Officers, Directors, Trustees, and Key Employees---$898,246
Occupancy---$743,818
Other Employee Benefits---$633,774
Pension Plan Contributions---$630,329
Office Expenses---$413,525
Payroll Taxes---$340,826
All Other Expenses---$263,091
Travel---$235,362
Advertising---$223,099
Fees for Services Legal---$63,822
Conferences and Meetings---$38,213
Depreciation Depletion---$34,812
Other Expenses---$21,887
Insurance---$3,652
Interest---$14
Total Functional Expenses$0$0$0$28,934,079

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,934,079
Expenses per Audited Statements$28,344,774
Total Expenses per Audited Statements$28,344,774
Expenses Not Reported on Financial Statements$589,305
Other Expense Adjustments$589,305
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$10,000
Total Exempt Function Spending$10,000

Section 527 Organizations

OrganizationLocationAmount
88-0270264Las Vegas, NV$10,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$6,681,752$5,419,095▼ $1,262,657
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Deposits$729,259,899
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 4

“Boulder dam credit union updated its bylaws to further specify the authority and duties of the governing body's voting members.”

Form 990, Part VI, Section A, Line 6

“Boulder dam credit union has members as specified in its bylaws.”

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

“Boulder dam credit union members have the power to elect the members of the governing body.”

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

“Boulder dam credit union members have the power to elect or remove the members of the governing body.”

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

“Boulder dam credit union does not have any committees with authority to act on behalf of the governing body.”

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

“The form 990 is reviewed by the chief executive officer/president and is approved by the board of directors prior to filing with the internal revenue service.”

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

“The chief executive officer's compensation is established and approved by the entire board of directors. The board of directors reviews compensation data from industry surveys like the cuna staff salary report or the nafcu gallagher executive compensation and benefits survey. This compensation discussion is contemporaneously documented in the board meeting's minutes. Executive compensation and benefit reviews takes place annually and was last completed in january 2025.”

Form 990, Part VI, Section C, Line 19

“Boulder dam credit union makes its governing documents and audited financial statements available to the public upon request in the same time and manner as other disclosures required under internal revenue code section 6104(d). Boulder dam credit union does not have a formal conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
Boulder Dam Credit Union
EIN
88-0059939
Phone
7022937777
Address
PO BOX 61530, BOULDER CITY, NV 89006-1530

Signing Officer

Name
Steele Hendrix
Title
President & CEO
Phone
7022937777
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steele Hendrix
Formed
1940
Legal Domicile
Nv
Voting Board Members
7
Independent Board Members
7
Employees
53
Volunteers
11

Preparer

Firm
Rsm US Llp
Address
4650 EAST 53RD STREET, DAVENPORT, IA 52807-3479
Preparer
Jenifer L Chase
Phone
5638884000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“Boulder dam credit union's oversight and selection process has not changed from the previous tax year.”

Financial Statement Notes

PART X, LINE 2:

“Boulder dam credit union (the credit union) is exempt, by statute, from federal income taxes. The credit union is a nevada state-chartered credit union described in the internal revenue code (irc) section 501(c)(14). As such, the credit union is exempt from federal taxation of income derived from the performance of activities that are in furtherance of its exempt purposes. However, the credit union is subject to unrelated business income tax (ubit). Fasb codification topic 740, income taxes, provides guidance for how uncertain tax positions should be recognized, measured, disclosed, and presented in the financial statements. This requires an evaluation of tax positions taken or expected to be taken in the course of preparing the credit union's tax returns to determine whether the tax position is more-likely-than-not "when challenged or "when examined" by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. For the years ended december 31, 2024, and 2023 management has determined that there are no material uncertain tax positions.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Interest refund to members reclassified to functional expense 589,305.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Interest refund to members reclassified to functional expense 589,305.”

Raw XML AppendixShowing 400 of 728 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/Desc0ONE OF BOULDER DAM CREDIT UNION'S (THE CREDIT UNION) TWO PRIMARY PURPOSES IS TO PROVIDE CREDIT TO ITS MEMBERS AT A COMPETITIVE RATE. THE CREDIT UNION PROVIDES REAL ESTATE, AUTO, BOAT, RV, AND SIGNATURE AND VISA LOANS TO ELIGIBLE MEMBERS. AS OF 12/31/2024, THE CREDIT UNION HAD 3,430 LOANS WITH A TOTAL BALANCE OF APPROXIMATELY $316.6 MILLION AND 2,211 VISA CARDS WITH A BALANCE OF APPROXIMATELY $1.92 MILLION.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt859981
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1250837
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1312891
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1442179
IRS990/Form990PartVIISectionAGrp/PersonNm0CYNDY ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK DISANZA
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARMAINE FERRARI
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT MERRELL
IRS990/Form990PartVIISectionAGrp/PersonNm4TINA MULLIS
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRY STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm6DOUG SCHEPPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7STEELE HENDRIX
IRS990/Form990PartVIISectionAGrp/PersonNm8JARON SINGLETON
IRS990/Form990PartVIISectionAGrp/PersonNm9KYLE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MARY BETH CLIFT
IRS990/Form990PartVIISectionAGrp/PersonNm11TERI SIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm12BARBARA BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm13NANCY WARD
IRS990/Form990PartVIISectionAGrp/PersonNm14KIM DENNETT
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7342043
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8156329
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9156143
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10170883
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11127513
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12139414
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14115989
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE-PRESIDENT / CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-PRESIDENT / RISK MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER SERVICES COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT OPERATIONS COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12LOAN COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13FORMER ACCOUNT ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT LOAN COORDINATOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt038822882
IRS990/GrossRentsGrp/RealAmt014287
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt03652
IRS990/InterestGrp/TotalAmt014
IRS990/InvestmentIncomeGrp/ExclusionAmt021445714
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021445714
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0482675229
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0413549944
IRS990/IRPDocumentCnt013295
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05136568
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01098662
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01098662
IRS990/LandBldgEquipCostOrOtherBssAmt06235230
IRS990/LegalDomicileStateCd0NV
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS BY PROVIDING EXCEPTIONAL SERVICE, INSTITUTIONAL INTEGRITY AND FINANCIAL STABILITY. WE ARE COMMITTED TO DELIVERING COMPETITIVE PRODUCTS, INNOVATIVE SERVICES AND TIMELY EDUCATION WHILE OFFERING OUR EMPLOYEES A PROFESSIONAL, CHALLENGING AND REWARDING CAREER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt083966276
IRS990/NetAssetsOrFundBalancesEOYAmt098560534
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt014287
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014287
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04705455
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0743818
IRS990/OfficeExpensesGrp/TotalAmt0413525
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014258
IRS990/OtherAssetsTotalGrp/EOYAmt02528187
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0633774
IRS990/OtherExpensesGrp/Desc0DIVIDENDS PAID TO MEMBE
IRS990/OtherExpensesGrp/Desc1ATM/CARD EXPENSE
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING EXPENSES
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt017768265
IRS990/OtherExpensesGrp/TotalAmt11000132
IRS990/OtherExpensesGrp/TotalAmt2301662
IRS990/OtherExpensesGrp/TotalAmt321887
IRS990/OtherLiabilitiesGrp/BOYAmt0723242404
IRS990/OtherLiabilitiesGrp/EOYAmt0729259899
IRS990/OtherSalariesAndWagesGrp/TotalAmt03620533
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0271173158
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0316278228
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0340826
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0630329
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04398
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0256322
IRS990/PrincipalOfficerNm0STEELE HENDRIX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES & OTHER FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER NONINTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015644329
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11170503
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2417250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015644329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11188013
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2530539
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt017510
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1113289
IRS990/ProgSrvcAccomActy2Grp/Desc0THE SECOND MAIN SERVICE THAT BOULDER DAM CREDIT UNION (THE CREDIT UNION) OFFERS IS DEPOSIT SERVICES TO ELIGIBLE MEMBERS. THE CREDIT UNION OFFERS SAVINGS ACCOUNTS, CHECKING ACCOUNTS, AND INDIVIDUAL RETIREMENT ACCOUNTS TO ALL MEMBERS. IN ORDER TO MAINTAIN A SHARE ACCOUNT AN INDIVIDUAL MUST BE ELIGIBLE FOR MEMBERSHIP. ELIGIBILITY REQUIRES THAT A PERSON LIVE OR WORK IN BOULDER CITY, NEVADA. DUE TO THE EXCEPTIONAL SERVICE LEVEL PROVIDED BY THE CREDIT UNION, APPROXIMATELY 90% OF ELIGIBLE MEMBERS ARE MEMBERS OF THE CREDIT UNION. ONCE AGAIN, THE CREDIT UNION DOES NOT CHARGE FEES FOR DEPOSIT ACCOUNTS; OTHER THAN PUNITIVE FEES FOR OVERDRAFTS AND INSUFFICIENT FUND ITEMS. AT 12/31/2024, THE CREDIT UNION HAD 20,103 MEMBERS TOTALING $729,259,899 IN SHARE DEPOSITS.
IRS990/ProgSrvcAccomActy3Grp/Desc0AN ANCILLARY PRODUCT OFFERED BY BOULDER DAM CREDIT UNION (THE CREDIT UNION) IS THE ELECTRONIC DELIVERY OF SERVICES. THE CREDIT UNION OFFERS DEBIT CARDS, VISA CREDIT CARDS, ATM ACCESS, MOBILE APP ACCESS, ZELLE, PHONE ACCOUNT ACCESS AND INTERNET ACCOUNT ACCESS. ALL SERVICES ARE OFFERED AT NO COST TO ELIGIBLE MEMBERS. ADDITIONALLY, THE CREDIT UNION BELONGS TO THE CO-OP ATM NETWORK, WHICH ENABLES MEMBER TO USE NETWORK RELATED ATMS NATIONWIDE WITH NO SURCHARGE. APPROXIMATELY 60% OF OUR MEMBERS UTILIZE SOME TYPE OF ELECTRONIC DELIVERY SERVICE.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021572107
IRS990/PYOtherExpensesAmt022823139
IRS990/PYOtherRevenueAmt0575545
IRS990/PYProgramServiceRevenueAmt013625441
IRS990/PYRevenuesLessExpensesAmt06946666
IRS990/PYSalariesCompEmpBnftPaidAmt06003288
IRS990/PYTotalExpensesAmt028826427
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt035773093
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt06681752
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt05419095
IRS990/ReconcilationRevenueExpnssAmt09888803
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt014287
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt083966276
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt098560534
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt010000
IRS990ScheduleC/PoliticalExpendituresAmt010000
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt00
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0880270264
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0NEVADA CREDIT UNION LEAGUE PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt010000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt06475 W SAHARA AVE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0LAS VEGAS
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd089146
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0BOULDER DAM CREDIT UNION MAKES AN ANNUAL CONTRIBUTION TO THE NEVADA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE (PAC). THIS PAC MAKES CONTRIBUTIONS TO STATE LEVEL CANDIDATES WHO ARE FRIENDS OF CREDIT UNIONS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt010000
IRS990ScheduleC/VolunteerHoursCnt0150
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04853483
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04853483
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0283085
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283085
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0589305
IRS990ScheduleD/ExpensesSubtotalAmt028344774
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01098662
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01098662
IRS990ScheduleD/OtherExpensesNotIncludedAmt0589305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0729259899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES AND DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0589305
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02330662
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19852190
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2338144123
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt340898929
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt48421186
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt520000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt613490854
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7392000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ACCRUED INTEREST/INCOME
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SHARE INSURANCE DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc2AVAILABLE FOR SALE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3US GOV'T OBLIGATIONS & FED AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc4FED AGENCY SEC/RESIDENTIAL MTG-BACKED SEC/SBA POOLS/COLLATERALIZED MTG
IRS990ScheduleD/OtherSecuritiesGrp/Desc5CU COOPERATIVE SYSTEMS STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc6FHLB DEPOSIT / CAPITAL ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/Desc7FISERV RESERVE SETTLEMENT ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0589305
IRS990ScheduleD/RevenueSubtotalAmt038233577
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOULDER DAM CREDIT UNION (THE CREDIT UNION) IS EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES. THE CREDIT UNION IS A NEVADA STATE-CHARTERED CREDIT UNION DESCRIBED IN THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). FASB CODIFICATION TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED, AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES AN EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITION IS MORE-LIKELY-THAN-NOT "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2024, AND 2023 MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST REFUND TO MEMBERS RECLASSIFIED TO FUNCTIONAL EXPENSE 589,305.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST REFUND TO MEMBERS RECLASSIFIED TO FUNCTIONAL EXPENSE 589,305.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:

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