Civic Intelligence

Clark County Credit Union

EIN 88-0065951 • 501(c)14 • Las Vegas, NV

Profile

Provides credit union services to our membership, mainly by way of loans and deposit products

PO Box 36490Las Vegas, NV 89133

www.ccculv.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.90x

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

501(c)14 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

15.66x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2024

Net Margin

79th percentile

16%

Higher net margin than 79% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

97th percentile

22%

Faster asset growth than 97% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,427,571,288

Up $254,905,460 (+22%) from 2023

Liabilities

Up

$1,282,771,602

Up $243,614,932 (+23%) from 2023

Net Assets

Up

$144,799,686

Up $11,290,528 (+8.5%) from 2023

Revenue

Up

$81,894,949

Up $15,962,253 (+24%) from 2023

Expenses

Up

$68,650,055

Up $16,002,389 (+30%) from 2023

Net Income

Down

$13,244,894

Down $40,136 (-0.3%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2010: $490,888,381Liabilities 2010: $458,774,887Net Assets 2010: $32,113,4942010Assets 2011: $480,839,437Liabilities 2011: $445,921,786Net Assets 2011: $34,917,6512011Assets 2012: $483,007,639Liabilities 2012: $440,986,928Net Assets 2012: $42,020,7112012Assets 2013: $504,257,081Liabilities 2013: $453,006,222Net Assets 2013: $51,250,8592013Assets 2014: $543,534,696Liabilities 2014: $480,066,738Net Assets 2014: $63,467,9582014Assets 2015: $586,124,404Liabilities 2015: $516,758,157Net Assets 2015: $69,366,2472015Assets 2016: $646,969,087Liabilities 2016: $570,393,578Net Assets 2016: $76,575,5092016Assets 2017: $717,848,200Liabilities 2017: $631,777,585Net Assets 2017: $86,070,6152017Assets 2018: $771,056,238Liabilities 2018: $678,502,692Net Assets 2018: $92,553,5462018Assets 2019: $860,178,388Liabilities 2019: $753,972,013Net Assets 2019: $106,206,3752019Assets 2020: $1,012,890,170Liabilities 2020: $892,100,651Net Assets 2020: $120,789,5192020Assets 2021: $1,146,560,292Liabilities 2021: $1,017,048,838Net Assets 2021: $129,511,4542021Assets 2022: $1,144,632,634Liabilities 2022: $1,029,874,810Net Assets 2022: $114,757,8242022Assets 2023: $1,172,665,828Liabilities 2023: $1,039,156,670Net Assets 2023: $133,509,1582023Assets 2024: $1,427,571,288Liabilities 2024: $1,282,771,602Net Assets 2024: $144,799,6862024

Highlighted filing

2024

Assets$1,427,571,288
Liabilities$1,282,771,602
Net Assets$144,799,686

Operations Trend

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

$100M$50M$0Expenses 2010: $33,460,2872010Expenses 2011: $21,582,6942011Expenses 2012: $16,583,0252012Revenue 2013: $25,457,527Expenses 2013: $16,227,379Net Income 2013: $9,230,1482013Revenue 2014: $25,315,451Expenses 2014: $13,098,352Net Income 2014: $12,217,0992014Revenue 2015: $29,407,139Expenses 2015: $20,563,297Net Income 2015: $8,843,8422015Revenue 2016: $33,341,262Expenses 2016: $26,132,000Net Income 2016: $7,209,2622016Revenue 2017: $40,305,335Expenses 2017: $22,455,610Net Income 2017: $17,849,7252017Revenue 2018: $41,656,713Expenses 2018: $34,893,012Net Income 2018: $6,763,7012018Revenue 2019: $45,397,628Expenses 2019: $35,737,631Net Income 2019: $9,659,9972019Revenue 2020: $45,087,035Expenses 2020: $36,691,812Net Income 2020: $8,395,2232020Revenue 2021: $46,813,818Expenses 2021: $33,127,785Net Income 2021: $13,686,0332021Revenue 2022: $52,797,641Expenses 2022: $40,089,207Net Income 2022: $12,708,4342022Revenue 2023: $65,932,696Expenses 2023: $52,647,666Net Income 2023: $13,285,0302023Revenue 2024: $81,894,949Expenses 2024: $68,650,055Net Income 2024: $13,244,8942024

Highlighted filing

2024

Revenue$81,894,949
Expenses$68,650,055
Net Income$13,244,894

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,428$1,283$145$81.9$68.7$13.2
2023Summary only. Only limited summary data is available for this year.$1,173$1,039$134$65.9$52.6$13.3
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,145$1,030$115$52.8$40.1$12.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,147$1,017$130$46.8$33.1$13.7
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,013$892$121$45.1$36.7$8.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$860$754$106$45.4$35.7$9.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$771$679$92.6$41.7$34.9$6.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$718$632$86.1$40.3$22.5$17.8
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$647$570$76.6$33.3$26.1$7.21
2015Detailed filing. Detailed filing data is available for this year.$586$517$69.4$29.4$20.6$8.84
2014Detailed filing. Detailed filing data is available for this year.$544$480$63.5$25.3$13.1$12.2
2013Detailed filing. Detailed filing data is available for this year.$504$453$51.3$25.5$16.2$9.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$483$441$42.0$16.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$481$446$34.9$21.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$491$459$32.1$33.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 18, 2025
Return Version
2024v5.1
Gross Receipts
$81,895,098
Mission and Program Overview

Mission

Provides credit union services to our membership, mainly by way of loans and deposit products

A cooperative, organized for the purpose of promoting thrift and savings among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$856,117,443$884,821,299▲ $28,703,856
Savings and Temporary Cash Investments$84,721,708$259,421,943▲ $174,700,235
Investments in Publicly Traded Securities$167,906,642$220,639,810▲ $52,733,168
Rtn Earn Endowment Incm Other Fnds$133,509,158$144,799,686▲ $11,290,528
Land, Buildings, and Equipment, Net$16,200,652$16,648,672▲ $448,020
Cash and Non-Interest-Bearing Accounts$13,034,049$13,031,728▼ $2,321
Receivables From Officers Etc$1,728,963$4,323,051▲ $2,594,088
Prepaid Expenses and Deferred Charges$2,182,445$1,704,406▼ $478,039
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0--
Loans From Officers Directors$0$0→ $0
Total Assets$1,172,665,828$1,427,571,288▲ $254,905,460
Other Assets Total$30,773,926$26,980,379▼ $3,793,547
Liabilities
Other Liabilities$1,023,408,157$1,271,536,886▲ $248,128,729
Accounts Payable and Accrued Expenses$15,748,513$11,234,716▼ $4,513,797
Total Liabilities$1,039,156,670$1,282,771,602▲ $243,614,932
Net Assets / Fund Balance
Total Net Assets Fund Balance$133,509,158$144,799,686▲ $11,290,528
Total Liabilities and Net Assets / Fund Balance$1,172,665,828$1,427,571,288▲ $254,905,460

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,735,142$6,305,956$17,041,098
Equipment$1,380,287$5,428,344$6,808,631
Land$4,192,616-$4,192,616
Leasehold Improvements$210,053$1,146,157$1,356,210
Other Land Buildings$130,574$0$130,574
Investment Program Related Org$602,437--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt KershawChief Executive OfficerFT$461,148$65,988$527,136
Patricia OchalChief Financial OfficerFT$364,258$36,786$401,044
David UphamChief Operating OfficerFT$229,717$38,030$267,747
Joshua HaldemanChief Lending OfficerFT$220,655$36,513$257,168
Matthew BeckerChief Technology OfficerFT$202,580$33,446$236,026
Shannon HillerChief Marketing OfficerFT$200,247$32,370$232,617
Octavio Ryan LopezMortgage Loan OfficerFT$33,352$185,086$218,438
Chris SchlaffmanVP Commercial Lending ManagerFT$146,873$48,208$195,081
Michael HenriksenVP ControllerFT$150,035$26,297$176,332
Christina MinelloVP of Human ResorcesFT$148,100$19,848$167,948
John GentileVP Commercial LendingFT$108,568$54,947$163,515

Board Members and Trustees

NameTitle
Doug SpringChairman of the Board
Ted OlivasVice Chair of the Board
Alise HaneyBoard Member
Debbie ConwayBoard Member
Ed ZagaloBoard Member
Eric JorgensonBoard Member
Michael SchrammBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Peter J StoddardAdvertising629 Cervantes Dr, Henderson, NV 89014$1,812,365
Fiserv IncCore systemPO Box 80123, City of Industry, CA 91716$1,320,194
Q2 Software IncOnline BankingPO Box 205970, Dallas, TX 75320$1,135,505
ampliFI Loyalty Solutions LLCCredit/Debit Card Rewards1620 Bond St, Naperville, IL 60563$1,035,243
ACG IncATM vendorPO Box 36490, Las Vegas, NV 89133$428,957
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,343,468
Investment Income
$15,551,481
Other Revenue
$0
Change in Net Assets
$13,244,894

Audited Revenue Reconciliation

Revenue per Audited Statements
$51,069,784
Revenue Not Reported on Financial Statements
$30,825,165
Revenue Not Reported on Form 990
$-1,921,327
Other Revenue Adjustments
$30,825,165
Total Revenue per Audited Statements
$49,148,457
Total Revenue per Form 990
$81,894,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,368,757
Salaries, Compensation, and Employee Benefits$19,113,251
Grants and Similar Amounts Paid$168,047
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$28,211,852
Other Salaries and Wages---$13,619,284
Office Expenses---$6,290,869
Fees for Services Other---$3,231,260
Advertising---$2,260,396
Current Officers, Directors, Trustees, and Key Employees---$1,921,738
Other Employee Benefits---$1,455,844
Occupancy---$1,454,138
Payroll Taxes---$1,225,447
Pension Plan Contributions---$890,938
Other Expenses---$706,566
Depreciation Depletion---$650,207
Fees for Services Management---$351,062
Information Technology---$265,407
Fees for Services Legal---$207,049
Fees for Services Accounting---$190,517
Grants to Domestic Orgs---$168,047
Travel---$141,938
Insurance---$75,317
All Other Expenses---$-63,226
Total Functional Expenses$0$0$0$68,650,055

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$68,650,055
Expenses per Audited Statements$37,824,890
Total Expenses per Audited Statements$37,824,890
Expenses Not Reported on Financial Statements$30,825,165
Other Expense Adjustments$30,825,165
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nevada Credit Union League IncHenderson, NV501(c)(6)Membership Dues$20,000
American Lung AssociationLas Vegas, NV501(c)(3)Cccu Cares Volunteer Project & Great Dam Ride Sponsorship$12,500
Candlelighters for Childhood CancerLas Vegas, NV501(c)(3)Glamp Out & Halloween Bash Sponsorships - 2024 Happy Bonus Days$10,000
National Association of State Credit Union SupervisorsArlington, VA501(c)(6)Membership Dues$10,000
Three Square-501(c)(3)Matching Donation From Holiday Giving Campaign$7,500
Board of Regents Nevada System of Higher EducationReno, NV, CA501(c)(3)Scholarships/Sponsorship$7,000
Neighborhood ChallengeLas Vegas, NV501(c)(3)CRUISIN' WITH COPS & 2024 HAPPY BONUS DAYS$6,700
Children's Miracle NetworkSalt Lake City, UT501(c)(3)Sponsorship$5,877
Roseman University of Health SciencesNorth Las Vegas, NV501(c)(3)Neighborhood Health Series$5,600
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$1,728,963$4,323,051▲ $2,594,088
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,271,536,886
Members Shares and Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Clark county credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift and savings to its members. Clark county credit union does not have stockholders.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The governing board of clark county credit union is comprised of volunteer members who are directly elected by its members. Each member of the governing board serves for a period as prescribed by its by-laws.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

At the end of each board member's term, elections are held and board members are voted by the members of the credit union pursuant to the credit union's by-laws. Member votes are also required to ratify decisions dealing with reorganizations as in the case of merger or dissolution.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed by the chief financial officer and vice president controller prior to submission to the irs. The form 990 is also reviewed by state examiners and an independent certified public accounting firm.

Form 990, Part VI, Line 12C Conflict of interest policy

Clark county credit union's human resouces department regularly monitors and enforces employee compliance regarding any conflicts of interest.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The board of directors reviews the ceo's salary each year during the february/march timeframe.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The credit union uses a third party vendor to review compensation by job type/grade. Other executives are then reviewed by ceo. Key employees are reviewed by the executive officer they report to.

Form 990, Part VI, Line 19 Required documents available to the public

Clark county credit union makes its governing documents, financial statements, and conflict of interest policy available to its members upon request.

Filing and Contact Details

Filer

Filer Name
Clark County Credit Union
EIN
88-0065951
Phone
7022282228
Address
PO Box 36490, Las Vegas, NV 89133

Signing Officer

Name
Patricia Ochal
Title
CFO
Phone
7022282228
Signed
2025-11-18
Discuss with paid preparer
Yes

Organization Details

Formed
1951
Legal Domicile
Nv
Voting Board Members
7
Independent Board Members
7
Employees
256
Volunteers
12

Preparer

Firm
Forvis Mazars LLP
Address
820 Massachusetts Ave Suite 1370, Indianapolis, IN 46204
Preparer
Michael Summers
Phone
3173834000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Prior year MABS investment income - -33039; Total - -33039;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

FASB ASC 740-10-65, Income Taxes, provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the consolidated financial statements. This requires the 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 positions are "more likely than not" of being sustained "when challenged "when examined" by the applicable tax authority. Tax positions deemed to not meet the more-likely-than-not threshold should 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 the Credit Union has no uncertain tax positions.

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Interest Expense - 28211852 Loan Losses - 2613313

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Interest Expense - 28211852 Loan Losses - 2613313

Raw XML AppendixShowing 400 of 936 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/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0650207
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