Civic Intelligence

Selco Community Credit Union

990 • Fiscal year 2015 • EIN 93-0163693

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 18, 2016

PO Box 7487Springfield, OR 97475

(541) 686-8000

Siviq Scores

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

Liabilities / Assets

54th percentile

0.90x

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

2015 filings • 501(c)14 • $1B+ nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

20.65x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)14 • $1B+ nonprofits • Source year 2015

Net Margin

79th percentile

25%

Higher net margin than 79% of similar nonprofits.

2015 filings • 501(c)14 • $1B+ nonprofits • Source year 2015

Top Officer Pay

65th percentile

$991,015

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • 501(c)14 • $1B+ nonprofits • Source year 2015

Asset Growth

55th percentile

9.2%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

4.1%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,317,974,899

Up $111,281,962 (+9.2%) from 2014

Net Assets

Up

$137,893,410

Up $13,270,067 (+11%) from 2014

Liabilities

Up

$1,180,081,489

Up $98,011,895 (+9.1%) from 2014

Revenue

Up

$57,147,455

Up $2,265,779 (+4.1%) from 2014

Expenses

Up

$43,116,697

Up $1,503,024 (+3.6%) from 2014

Net Income

Up

$14,030,758

Up $762,755 (+5.7%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0B$2.0B$1.0B$0Assets 2010: $896,212,221Liabilities 2010: $828,797,339Net Assets 2010: $67,414,8822010Assets 2011: $917,911,146Liabilities 2011: $843,131,719Net Assets 2011: $74,779,4272011Assets 2012: $1,038,300,425Liabilities 2012: $943,839,224Net Assets 2012: $94,461,2012012Assets 2013: $1,144,773,594Liabilities 2013: $1,034,871,982Net Assets 2013: $109,901,6122013Assets 2014: $1,206,692,937Liabilities 2014: $1,082,069,594Net Assets 2014: $124,623,3432014Assets 2015: $1,317,974,899Liabilities 2015: $1,180,081,489Net Assets 2015: $137,893,4102015Assets 2016: $1,426,271,904Liabilities 2016: $1,274,489,752Net Assets 2016: $151,782,1522016Assets 2017: $1,529,534,336Liabilities 2017: $1,361,569,397Net Assets 2017: $167,964,9392017Assets 2018: $1,616,007,565Liabilities 2018: $1,429,052,793Net Assets 2018: $186,954,7722018Assets 2019: $1,770,844,236Liabilities 2019: $1,560,895,881Net Assets 2019: $209,948,3552019Assets 2020: $2,184,351,982Liabilities 2020: $1,952,943,198Net Assets 2020: $231,408,7842020Assets 2021: $2,557,598,852Liabilities 2021: $2,311,916,642Net Assets 2021: $245,682,2102021Assets 2022: $2,552,976,468Liabilities 2022: $2,326,074,136Net Assets 2022: $226,902,3322022Assets 2023: $2,727,247,560Liabilities 2023: $2,473,105,006Net Assets 2023: $254,142,5542023Assets 2024: $2,772,150,576Liabilities 2024: $2,494,120,075Net Assets 2024: $278,030,5012024

Highlighted filing

2015

Assets$1,317,974,899
Liabilities$1,180,081,489
Net Assets$137,893,410

Operations Trend

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

$200M$150M$100M$50M$0Expenses 2010: $49,044,5732010Expenses 2011: $43,297,7992011Expenses 2012: $36,300,1522012Revenue 2013: $57,715,304Expenses 2013: $40,870,386Net Income 2013: $16,844,9182013Revenue 2014: $54,881,676Expenses 2014: $41,613,673Net Income 2014: $13,268,0032014Revenue 2015: $57,147,455Expenses 2015: $43,116,697Net Income 2015: $14,030,7582015Revenue 2016: $61,362,097Expenses 2016: $47,354,075Net Income 2016: $14,008,0222016Revenue 2017: $68,530,029Expenses 2017: $53,922,039Net Income 2017: $14,607,9902017Revenue 2018: $76,309,863Expenses 2018: $55,970,594Net Income 2018: $20,339,2692018Revenue 2019: $88,741,355Expenses 2019: $66,859,907Net Income 2019: $21,881,4482019Revenue 2020: $88,966,031Expenses 2020: $70,468,628Net Income 2020: $18,497,4032020Revenue 2021: $90,564,912Expenses 2021: $68,389,797Net Income 2021: $22,175,1152021Revenue 2022: $104,765,666Expenses 2022: $72,182,994Net Income 2022: $32,582,6722022Revenue 2023: $139,819,159Expenses 2023: $121,694,355Net Income 2023: $18,124,8042023Revenue 2024: $159,490,682Expenses 2024: $138,607,145Net Income 2024: $20,883,5372024

Highlighted filing

2015

Revenue$57,147,455
Expenses$43,116,697
Net Income$14,030,758
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 18, 2016
Return Version
2015v2.1
Gross Receipts
$64,575,276
Mission and Program Overview

Mission

Selco strives to provide financial services that improve our members' social and economic condition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$895,620,754$1,003,310,909▲ $107,690,155
Rtn Earn Endowment Incm Other Fnds$124,623,343$137,893,410▲ $13,270,067
Savings and Temporary Cash Investments$125,761,356$133,076,307▲ $7,314,951
Investments in Publicly Traded Securities$124,152,984$122,126,375▼ $2,026,609
Land, Buildings, and Equipment, Net$22,329,335$22,914,539▲ $585,204
Cash and Non-Interest-Bearing Accounts$11,802,993$10,652,186▼ $1,150,807
Receivables From Officers Etc$2,967,155$3,825,832▲ $858,677
Investments Other Securities$4,011,898$3,168,475▼ $843,423
Intangible Assets$1,012,393$759,636▼ $252,757
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,206,692,937$1,317,974,899▲ $111,281,962
Other Assets Total$19,034,069$18,140,640▼ $893,429
Liabilities
Other Liabilities$1,071,960,718$1,173,163,177▲ $101,202,459
Accounts Payable and Accrued Expenses$4,742,011$6,816,204▲ $2,074,193
Mortgage Notes Payable Secured by Investment Property$5,290,815$0▼ $5,290,815
Escrow Account Liability$76,050$102,108▲ $26,058
Total Liabilities$1,082,069,594$1,180,081,489▲ $98,011,895
Net Assets / Fund Balance
Total Net Assets Fund Balance$124,623,343$137,893,410▲ $13,270,067
Total Liabilities and Net Assets / Fund Balance$1,206,692,937$1,317,974,899▲ $111,281,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,037,952$8,276,720$22,314,672
Equipment$3,358,159$11,190,939$14,549,098
Land$5,429,172-$5,429,172
Leasehold Improvements$89,256$1,377,114$1,466,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Robert NewcombCEO/SecretaryFT$709,059$281,956$991,015
Edward RubinInvestment Services ManagerFT$262,387$33,757$296,144
Tiffany WashingtonSVP Finance/TreasurerFT$207,169$56,502$263,671
Craig CarpenterSVP Lending/Business SolutionsFT$203,851$51,584$255,435
Steven Buel-McIntireVP Admin/General CounselFT$199,781$46,589$246,370
Kirk LatourneauVP Information ServicesFT$173,535$39,569$213,104
Maro PazSenior Investment AdvisorFT$186,299$23,045$209,344
Timothy BooherMortgage Loan OfficerFT$176,690$22,715$199,405
Harold WelbornPresident/Chairperson-$1,425-$1,425
Curt HeimullerDirector-$1,279-$1,279
Jeanne StatonDirector-$1,032-$1,032
Dick MetzlerDirector-$1,003-$1,003

Board Members and Trustees

NameTitle
Jim LindlyVice President
Carol BeckleyDirector
Kaye LeFrancqDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Prevedello HettickWeb Marketing701 High Street Suite 107, Eugene, OR 97401$1,200,075
McKenzie Commercial ContractorsConstruction Contractor865 W 2nd Avenue H, Eugene, OR 97402$983,171
InfoImageStatement Printing141 Jefferson Drive, Menlo Park, CA 94025$413,665
Diebold IncATM Servicing and MaintenancePO Box 643543, Pittsburgh, PA 15264$342,322
Shelton-Turnbull PrintersPrintingPO Box 6989, Portland, OR 97228$280,307
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$48,362,697
Investment Income
$2,116,383
Other Revenue
$6,668,375
Change in Net Assets
$14,030,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,787,258
Salaries, Compensation, and Employee Benefits$21,267,474
Grants and Similar Amounts Paid$61,965
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$14,521,314
Interest---$3,872,000
Office Expenses---$3,481,833
All Other Expenses---$2,828,347
Other Employee Benefits---$2,491,729
Advertising---$2,415,225
Occupancy---$2,339,623
Payroll Taxes---$1,645,345
Information Technology---$1,600,563
Current Officers, Directors, Trustees, and Key Employees---$1,514,860
Pension Plan Contributions---$1,094,226
Travel---$233,733
Insurance---$227,522
Fees for Services Other---$206,280
Fees for Services Accounting---$109,091
Fees for Services Legal---$43,951
Grants to Domestic Orgs---$31,965
Grants to Domestic Individuals---$30,000
Other Expenses---$28,004
Total Functional Expenses$0$0$0$43,116,697
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Eugene 4J School DistrictEugene, OREugene School DistClassroom support$9,045
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$2,967,155$3,825,832▲ $858,677
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARE AND SAVINGS ACCOUNTS$1,171,263,237
Deferred Compensation Liability$1,899,940
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 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
No
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, Section A, line 6

The credit union is member owned.

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

The board of directors is elected by a vote of the credit union's members.

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

Removal of directors must be ratified by a vote of the credit union's members.

Form 990, Part VI, Section B, line 11

Form 990 is reviewed by Senior Management.

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

Directors file an annual conflict of interest statement. The credit union reports related party loans on the NCUA Call Report but otherwise relies on self-reporting to monitor ongoing transactions. Potential conflicts would be reviewed by the credit union's legal counsel. Restrictions imposed as the result of an actual conflict of interest depend on the nature of the conflict. There are no known conflicts and no restricions are currently in effect.

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

The SELCO Community Credit Union Salary Administration Program methodology is designed to attract and retain top talent within the industry. One component of the Program is the utilization of salary survey data which provides guidance in establishing appropriate salary ranges and in determining annual base pay changes. Historically, the Credit Union Executive Society (CUES) Survey was used as a baseline for salary and compensation guidance for the Chief Executive Officer (CEO) and the Executive Team. The number of participants reporting CEO salaries has declined to a level that this survey no longer provides meaningful data. In lieu of relevant survey information, Human Resources compiles publically available Form 990 data to use for benchmarking. This data includes only state-chartered credit unions since federally-chartered credit unions are excluded from the requirement to file an individual Form 990. The benchmark data is provided to the Board of Directors each January to be used as a general comparison and guidance. Periodically, the Board may commission an external firm to provide benchmark data. During the CEO Performance Evaluation process, the Board meets in Executive Session to discuss CEO performance, review compensation benchmark data, and establish the appropriate compensation level. Compensation changes are documented in a Memo to the Payroll and Personnel file, which summarizes the meeting discussion and memorializes actions.

Form 990, Part VI, Section C, line 19

Governing documents and the conflict of interest policy may be made available upon request. Annual financial statements are posted on the credit union's website and monthly statements are posted in each branch location.

Filing and Contact Details

Filer

Filer Name
SELCO Community Credit Union
EIN
93-0163693
Phone
5416868000
Address
PO Box 7487, Springfield, OR 97475

Signing Officer

Name
Tiffany Washington
Title
Senior VP of Finance
Phone
5416868000
Signed
2016-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Robert Newcomb
Formed
1936
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
389
Volunteers
11

Preparer

Firm
Moss Adams LLP
Address
805 SW Broadway Ste 1200, Portland, OR 97205
Preparer
Rebecca Griffith
Phone
5032421447
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Passthrough book/tax differences 65,858.

Financial Statement Notes

Part IV, Line 2B:

At December 31, 2015, the credit union maintained mortgage escrow accounts totaling $102,108.

Part X, Line 2:

Fin 48 (asc 740) financial statement footnote - the credit union had no unrecognized tax benefits at december 31, 2015 and 2014. The credit union recognizes the accrual of interest and penalties related to unrecognized tax benefits as a tax expense. During the years ended december 31, 2015 and 2014, it recognized no material interest or penalties.

Raw XML AppendixShowing 400 of 742 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/BOYAmt04742011
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06816204
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS' SOCIAL AND ECONOMIC CONDITION.
IRS990/AdvertisingGrp/TotalAmt02415225
IRS990/AllOtherExpensesGrp/TotalAmt02828347
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TIFFANY WASHINGTON
IRS990/BooksInCareOfDetail/PhoneNum05416868000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01050 High Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Eugene
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt011802993
IRS990/CashNonInterestBearingGrp/EOYAmt010652186
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt027
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01514860
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01200075
IRS990/ContractorCompensationGrp/CompensationAmt1983171
IRS990/ContractorCompensationGrp/CompensationAmt2413665
IRS990/ContractorCompensationGrp/CompensationAmt3342322
IRS990/ContractorCompensationGrp/CompensationAmt4280307
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0701 High Street Suite 107
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1865 W 2nd Avenue H
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2141 Jefferson Drive
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO Box 643543
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO Box 6989
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Eugene
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Eugene
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Menlo Park
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Pittsburgh
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4Portland
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097401
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd197402
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd294025
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd315264
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd497228
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Prevedello Hettick
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1McKenzie Commercial Contractors
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2InfoImage
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3Diebold Inc
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4Shelton-Turnbull Printers
IRS990/ContractorCompensationGrp/ServicesDesc0Web Marketing
IRS990/ContractorCompensationGrp/ServicesDesc1Construction Contractor
IRS990/ContractorCompensationGrp/ServicesDesc2Statement Printing
IRS990/ContractorCompensationGrp/ServicesDesc3ATM Servicing and Maintenance
IRS990/ContractorCompensationGrp/ServicesDesc4Printing
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt061965
IRS990/CYInvestmentIncomeAmt02116383
IRS990/CYOtherExpensesAmt021787258
IRS990/CYOtherRevenueAmt06668375
IRS990/CYProgramServiceRevenueAmt048362697
IRS990/CYRevenuesLessExpensesAmt014030758
IRS990/CYSalariesCompEmpBnftPaidAmt021267474
IRS990/CYTotalExpensesAmt043116697
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt057147455
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The credit union paid over $3.9 million in dividends to members. Deposit accounts include savings, checking, money market accounts and certificates of deposit. As of December 31, 2015, deposits totaled $1.17 billion.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0389
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt076050
IRS990/EscrowAccountLiabilityGrp/EOYAmt0102108
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0109091
IRS990/FeesForServicesLegalGrp/TotalAmt043951
IRS990/FeesForServicesOtherGrp/TotalAmt0206280
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt760.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt850.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt950.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1345.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1445.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt7-100610
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt826703
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt925912
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1026773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1124108
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1221368
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1322503
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1421330
IRS990/Form990PartVIISectionAGrp/PersonNm0Harold Welborn
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Lindly
IRS990/Form990PartVIISectionAGrp/PersonNm2Kaye LeFrancq
IRS990/Form990PartVIISectionAGrp/PersonNm3Dick Metzler
IRS990/Form990PartVIISectionAGrp/PersonNm4Carol Beckley
IRS990/Form990PartVIISectionAGrp/PersonNm5Curt Heimuller
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeanne Staton
IRS990/Form990PartVIISectionAGrp/PersonNm7J Robert Newcomb
IRS990/Form990PartVIISectionAGrp/PersonNm8Tiffany Washington
IRS990/Form990PartVIISectionAGrp/PersonNm9Craig Carpenter
IRS990/Form990PartVIISectionAGrp/PersonNm10Edward Rubin
IRS990/Form990PartVIISectionAGrp/PersonNm11Steven Buel-McIntire
IRS990/Form990PartVIISectionAGrp/PersonNm12Kirk Latourneau
IRS990/Form990PartVIISectionAGrp/PersonNm13Maro Paz
IRS990/Form990PartVIISectionAGrp/PersonNm14Timothy Booher
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01425
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31003
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51279
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61032
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71091625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8236968
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9229523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10269371
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11222262
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12191736
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13186841
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14178075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
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/TitleTxt0President/Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP Finance/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP Lending/Business Solutions
IRS990/Form990PartVIISectionAGrp/TitleTxt10Investment Services Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP Admin/General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP Information Services
IRS990/Form990PartVIISectionAGrp/TitleTxt13Senior Investment Advisor
IRS990/Form990PartVIISectionAGrp/TitleTxt14Mortgage Loan Officer
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-208189
IRS990/GainOrLossGrp/SecuritiesAmt0-96268
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt030000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt031965
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01961345
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05130717
IRS990/GrossReceiptsAmt064575276
IRS990/GrossRentsGrp/RealAmt0121359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt020
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01600563
IRS990/InsuranceGrp/TotalAmt0227522
IRS990/IntangibleAssetsGrp/BOYAmt01012393
IRS990/IntangibleAssetsGrp/EOYAmt0759636
IRS990/InterestGrp/TotalAmt03872000
IRS990/InvestmentIncomeGrp/ExclusionAmt02233724
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02420840
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0187116
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04011898
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03168475
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0124152984
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0122126375
IRS990/IRPDocumentCnt027355
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020844773
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022329335
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022914539
IRS990/LandBldgEquipCostOrOtherBssAmt043759312
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02169534
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05226985
IRS990/LessRentalExpensesGrp/RealAmt031302
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SELCO strives to provide financial services that improve our members' social and economic condition.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05290815
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0124623343
IRS990/NetAssetsOrFundBalancesEOYAmt0137893410
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-207388
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-97069
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-304457
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt090057
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt090057
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-826549
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02339623
IRS990/OfficeExpensesGrp/TotalAmt03481833
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019034069
IRS990/OtherAssetsTotalGrp/EOYAmt018140640
IRS990/OtherChangesInNetAssetsAmt065858
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02491729
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc3TAXES ON UBI
IRS990/OtherExpensesGrp/TotalAmt02611445
IRS990/OtherExpensesGrp/TotalAmt11646089
IRS990/OtherExpensesGrp/TotalAmt2143552
IRS990/OtherExpensesGrp/TotalAmt328004
IRS990/OtherLiabilitiesGrp/BOYAmt01071960718
IRS990/OtherLiabilitiesGrp/EOYAmt01173163177
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0INTERCHANGE INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06548457
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt129861
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06548457
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt129861
IRS990/OtherRevenueTotalAmt06578318
IRS990/OtherSalariesAndWagesGrp/TotalAmt014521314
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0895620754
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01003310909
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01645345
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01094226
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0J Robert Newcomb
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES AND FE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037514126
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110565861
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037514126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110848571
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0282710
IRS990/ProgSrvcAccomActy2Grp/Desc0The credit union disbursed over $413 million in new loans to members. Loans include auto, home mortgage, home equity, credit card, and business loans. At December 31, 2015, loans outstanding totaled $1.01 billion.
IRS990/ProgSrvcAccomActy3Grp/Desc0During 2015, the credit union provided financial planning services to approximately 3,350 members with assets under management of $250 million.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt057653
IRS990/PYInvestmentIncomeAmt02722325
IRS990/PYOtherExpensesAmt021924290
IRS990/PYOtherRevenueAmt06060942
IRS990/PYProgramServiceRevenueAmt046098409
IRS990/PYRevenuesLessExpensesAmt013268003
IRS990/PYSalariesCompEmpBnftPaidAmt019631730
IRS990/PYTotalExpensesAmt041613673
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt054881676
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt02967155
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt03825832
IRS990/ReconcilationRevenueExpnssAmt014030758
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt090057
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0124623343
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0137893410
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125761356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0133076307
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt014037952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08276720
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt022314672
IRS990ScheduleD/EquipmentGrp/BookValueAmt03358159
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011190939
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014549098
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05429172
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05429172
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt089256
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01377114
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01466370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01171263237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11899940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED COMPENSATION LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0At December 31, 2015, the credit union maintained mortgage escrow accounts totaling $102,108.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FIN 48 (ASC 740) FINANCIAL STATEMENT FOOTNOTE - THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2015 AND 2014. THE CREDIT UNION RECOGNIZES THE ACCRUAL OF INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A TAX EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2015 AND 2014, IT RECOGNIZED NO MATERIAL INTEREST OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022914539
IRS990ScheduleD/TotalLiabilityAmt01173163177
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt030000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Student Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990ScheduleI/RecipientTable/CashGrantAmt09045
IRS990ScheduleI/RecipientTable/IRCSectionDesc0Eugene School Dist
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Classroom support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Eugene 4J School District

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,772$2,494$278$159$139$20.9
2023Summary only. Only limited summary data is available for this year.$2,727$2,473$254$140$122$18.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,553$2,326$227$105$72.2$32.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,558$2,312$246$90.6$68.4$22.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,184$1,953$231$89.0$70.5$18.5
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,771$1,561$210$88.7$66.9$21.9
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,616$1,429$187$76.3$56.0$20.3
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,530$1,362$168$68.5$53.9$14.6
2016Summary only. Only limited summary data is available for this year.$1,426$1,274$152$61.4$47.4$14.0
2015Detailed filing. Detailed filing data is available for this year.$1,318$1,180$138$57.1$43.1$14.0
2014Detailed filing. Detailed filing data is available for this year.$1,207$1,082$125$54.9$41.6$13.3
2013Detailed filing. Detailed filing data is available for this year.$1,145$1,035$110$57.7$40.9$16.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,038$944$94.5$36.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$918$843$74.8$43.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$896$829$67.4$49.0
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)14 • $1B+ nonprofits