Civic Intelligence

Pacific Postal Credit Union

990 • Fiscal year 2020 • EIN 94-0760540

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 29, 2021

Organization ProfileWWW.PPCU.ORG

View Organization Page

1040 Leigh AvenueSan Jose, CA 95126-4152

(408) 275-8595

Siviq Scores

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

Liabilities / Assets

17th percentile

0.85x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

27.76x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Net Margin

57th percentile

12%

Higher net margin than 57% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$304,135

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Asset Growth

10th percentile

8.5%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-26%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$243,282,825

Up $19,079,799 (+8.5%) from 2019

Net Assets

Up

$35,683,453

Up $1,765,024 (+5.2%) from 2019

Liabilities

Up

$207,599,372

Up $17,314,775 (+9.1%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin57th percentile

Revenue

Down

$7,478,389

Down $2,565,239 (-26%) from 2019

Expenses

Down

$6,608,979

Down $2,272,704 (-26%) from 2019

Net Income

Down

$869,410

Down $292,535 (-25%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$300M$200M$100M$0Assets 2010: $189,413,334Liabilities 2010: $166,338,162Net Assets 2010: $23,075,1722010Assets 2011: $187,998,630Liabilities 2011: $164,459,183Net Assets 2011: $23,539,4472011Assets 2012: $202,007,134Liabilities 2012: $174,586,313Net Assets 2012: $27,420,8212012Assets 2013: $199,835,128Liabilities 2013: $174,562,358Net Assets 2013: $25,272,7702013Assets 2014: $205,898,609Liabilities 2014: $177,898,361Net Assets 2014: $28,000,2482014Assets 2015: $214,954,140Liabilities 2015: $185,121,554Net Assets 2015: $29,832,5862015Assets 2016: $216,752,575Liabilities 2016: $186,649,863Net Assets 2016: $30,102,7122016Assets 2017: $220,943,903Liabilities 2017: $190,017,607Net Assets 2017: $30,926,2962017Assets 2018: $221,667,160Liabilities 2018: $191,772,728Net Assets 2018: $29,894,4322018Assets 2019: $224,203,026Liabilities 2019: $190,284,597Net Assets 2019: $33,918,4292019Assets 2020: $243,282,825Liabilities 2020: $207,599,372Net Assets 2020: $35,683,4532020Assets 2021: $255,571,467Liabilities 2021: $219,710,250Net Assets 2021: $35,861,2172021Assets 2022: $239,600,553Liabilities 2022: $209,790,314Net Assets 2022: $29,810,2392022Assets 2023: $236,503,849Liabilities 2023: $203,997,888Net Assets 2023: $32,505,9612023Assets 2024: $233,387,409Liabilities 2024: $198,698,304Net Assets 2024: $34,689,1052024

Highlighted filing

2020

Assets$243,282,825
Liabilities$207,599,372
Net Assets$35,683,453
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

$15M$10M$5.0M$0Expenses 2010: $6,842,8652010Expenses 2011: $5,964,6212011Expenses 2012: $6,586,4972012Revenue 2013: $7,768,279Expenses 2013: $6,490,942Net Income 2013: $1,277,3372013Revenue 2014: $6,768,107Expenses 2014: $5,291,951Net Income 2014: $1,476,1562014Revenue 2015: $6,754,443Expenses 2015: $5,969,878Net Income 2015: $784,5652015Revenue 2016: $7,578,820Expenses 2016: $6,551,794Net Income 2016: $1,027,0262016Revenue 2017: $8,396,976Expenses 2017: $6,720,708Net Income 2017: $1,676,2682017Revenue 2018: $9,678,325Expenses 2018: $8,007,302Net Income 2018: $1,671,0232018Revenue 2019: $10,043,628Expenses 2019: $8,881,683Net Income 2019: $1,161,9452019Revenue 2020: $7,478,389Expenses 2020: $6,608,979Net Income 2020: $869,4102020Revenue 2021: $6,861,841Expenses 2021: $6,062,035Net Income 2021: $799,8062021Revenue 2022: $7,633,896Expenses 2022: $6,796,679Net Income 2022: $837,2172022Revenue 2023: $10,516,194Expenses 2023: $9,018,123Net Income 2023: $1,498,0712023Revenue 2024: $11,865,118Expenses 2024: $10,726,092Net Income 2024: $1,139,0262024

Highlighted filing

2020

Revenue$7,478,389
Expenses$6,608,979
Net Income$869,410
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 29, 2021
Return Version
2020v4.1
Gross Receipts
$7,478,389
Mission and Program Overview

Mission

Pacific postal credit union is committed to creating a better life for our member owners by building financial partnerships and providing competitive services.

Pacific postal credit union builds financial partnerships and provides competitive services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$135,088,644$149,154,604▲ $14,065,960
Other Notes and Loans Receivable, Net$71,756,331$76,551,692▲ $4,795,361
Rtn Earn Endowment Incm Other Fnds$33,918,429$35,683,453▲ $1,765,024
Receivables From Officers Etc$3,165,765$3,020,434▼ $145,331
Accounts Receivable$556,168$854,770▲ $298,602
Cash and Non-Interest-Bearing Accounts$759,826$580,396▼ $179,430
Prepaid Expenses and Deferred Charges$460,349$455,062▼ $5,287
Land, Buildings, and Equipment, Net$301,956$365,302▲ $63,346
Intangible Assets$188,802$151,042▼ $37,760
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$224,203,026$243,282,825▲ $19,079,799
Other Assets Total$11,925,185$12,149,523▲ $224,338
Liabilities
Other Liabilities$189,083,491$206,469,032▲ $17,385,541
Accounts Payable and Accrued Expenses$1,201,106$1,130,340▼ $70,766
Total Liabilities$190,284,597$207,599,372▲ $17,314,775
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,918,429$35,683,453▲ $1,765,024
Total Liabilities and Net Assets / Fund Balance$224,203,026$243,282,825▲ $19,079,799

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$126,515$3,466,566$3,593,081
Buildings$171,770$1,413,159$1,584,929
Land$67,017-$67,017
Other Securities$122,281,257--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fardad KhosraviPresident & CEOFT$273,460$31,687$305,147
Paul LindsleyCFOFT$139,428$16,933$156,361
Karole MorikawaVP MarketingFT$119,950$18,682$138,632
David ClarkIt ManagerFT$119,698$15,495$135,193
Elsa PhamVP LendingFT$116,736$16,990$133,726
Cyndee LemonOperations ManagerFT$102,767$17,439$120,206

Board Members and Trustees

NameTitle
Robert ScalettaChair
Richard SilveriaVice Chair
Carol CroteauDirector
Inderjit ChahalDirector
Johanna RochaDirector
Michael MedlinDirector
Roger SomerDirector
Marie FurtadoSecretary, Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Co-op Financial ServicesAtm Services9692 HAVEN AVE, Rancho Cucamonga, CA 91730$228,665
FinastraData ProcessingPO BOX 535120, Atlanta, GA 30353$165,010
FisVisa Processing7805 HUDSON RD, Woodbury, MN 55125$129,408
CubusHomebanking3049 INDEPENDENCE DR SUITE A, Livermore, CA 94551$121,008
TpxCommunications208 S AKARD ST, Dallas, TX 75202$114,033
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,041,740
Investment Income
$2,436,649
Other Revenue
$0
Change in Net Assets
$869,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,073,741
Other Expenses$2,645,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,844,347
Benefits to Members---$889,361
Other Employee Benefits---$490,624
Current Officers, Directors, Trustees, and Key Employees---$461,508
Occupancy---$406,409
All Other Expenses---$303,816
Information Technology---$294,891
Fees for Services Other---$261,144
Other Expenses---$245,577
Payroll Taxes---$167,481
Office Expenses---$116,054
Advertising---$113,456
Pension Plan Contributions---$109,781
Insurance---$73,439
Depreciation Depletion---$39,145
Travel---$30,675
Interest---$177
Total Functional Expenses$0$0$0$6,608,979
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$3,165,765$3,020,434▼ $145,331
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$206,469,032
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
No
Conflict-of-interest policy
Yes
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 6

“The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.”

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

“Members of the credit union of the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.”

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

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

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

“Form 990 is reviewed by the president/ceo for accuracy before filing with the irs. The board of directors reviews form 990 after it has been filed with the irs.”

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

“All vendor contracts are board approved. Management monitors and reports any conflicts to the ceo who then reports to the board of directors.”

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

“The ceo's salary is recommended to the board of directors by the ceo evaluation committee. Salary is determined based on achievement of goals set and a comparison with other ceo salaries in like cu's. The ceo sets salaries for management based on a performance appraisal. Ranges for positions are set based on a third party survey.”

Form 990, Part VI, Section C, Line 19

“Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Pacific Postal Credit Union
EIN
94-0760540
Phone
4082758595
Address
1040 LEIGH AVENUE, SAN JOSE, CA 95126-4152

Signing Officer

Name
Fardad Khosravi
Title
C.e.o
Phone
4082758595
Signed
2021-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fardad Khosravi
Formed
1931
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
35
Volunteers
10

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL WEST TOWER STE, 1200, MINNEAPOLIS, MN 55402-2526
Preparer
Kacie Mcewen
Phone
6123324300
Raw XML AppendixShowing 400 of 520 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/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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13IT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01931
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt042404
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt042404
IRS990/GrossReceiptsAmt07478389
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0294891
IRS990/InsuranceGrp/TotalAmt073439
IRS990/IntangibleAssetsGrp/BOYAmt0188802
IRS990/IntangibleAssetsGrp/EOYAmt0151042
IRS990/InterestGrp/TotalAmt0177
IRS990/InvestmentIncomeGrp/ExclusionAmt02394245
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02394245
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0135088644
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0149154604
IRS990/IRPDocumentCnt06000
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04879725
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0301956
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0365302
IRS990/LandBldgEquipCostOrOtherBssAmt05245027
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PACIFIC POSTAL CREDIT UNION IS COMMITTED TO CREATING A BETTER LIFE FOR OUR MEMBER OWNERS BY BUILDING FINANCIAL PARTNERSHIPS AND PROVIDING COMPETITIVE SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt033918429
IRS990/NetAssetsOrFundBalancesEOYAmt035683453
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt042404
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042404
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0895614
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0406409
IRS990/OfficeExpensesGrp/TotalAmt0116054
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011925185
IRS990/OtherAssetsTotalGrp/EOYAmt012149523
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0490624
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1ATM EXPENSES
IRS990/OtherExpensesGrp/Desc2LOAN/VISA EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0509100
IRS990/OtherExpensesGrp/TotalAmt1251994
IRS990/OtherExpensesGrp/TotalAmt2245577
IRS990/OtherLiabilitiesGrp/BOYAmt0189083491
IRS990/OtherLiabilitiesGrp/EOYAmt0206469032
IRS990/OtherSalariesAndWagesGrp/TotalAmt01844347
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt071756331
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt076551692
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0167481
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0109781
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0460349
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0455062
IRS990/PrincipalOfficerNm0FARDAD KHOSRAVI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE & CHARGES INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3VISA INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03866697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1540602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2468358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3136321
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03866697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1570364
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2468358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3136321
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt029762
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDES DEPOSIT SERVICES TO MEMBERS AT LOWER THAN MARKET FEES. DURING 2020, MEMBERS INCREASED THEIR DEPOSIT ACCOUNTS TO $17,385,541. TOTAL MEMBERSHIP OF THE CREDIT UNION WAS 14,119 AT DECEMBER 31, 2020.
IRS990/ProgSrvcAccomActy3Grp/Desc0FOR THE YEAR ENDED DECEMBER 31, 2020 THE PERCENTAGE OF FEE INCOME EARNED AS A PERCENTAGE OF TOTAL INCOME WAS 14%, WHICH IS LESS THAN HALF OF THE INDUSTRY STANDARD.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0961707
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04912538
IRS990/PYOtherExpensesAmt05042107
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05131090
IRS990/PYRevenuesLessExpensesAmt01161945
IRS990/PYSalariesCompEmpBnftPaidAmt02877869
IRS990/PYTotalExpensesAmt08881683
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010043628
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt03165765
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt03020434
IRS990/ReconcilationRevenueExpnssAmt0869410
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033918429
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035683453
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0171770
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01413159
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01584929
IRS990ScheduleD/EquipmentGrp/BookValueAmt0126515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03466566
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03593081
IRS990ScheduleD/LandGrp/BookValueAmt067017
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0206469032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt019726592
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1-1118402
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt28265157
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3122281257
IRS990ScheduleD/OtherSecuritiesGrp/Desc0DEPOSITS IN CORPORATE CREDIT UNIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS VAULUATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PREPAID INVESTMENT PREMIUMS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3AVAILABLE FOR SALE INVESTMETNS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365302
IRS990ScheduleD/TotalBookValueSecuritiesAmt0149154604
IRS990ScheduleD/TotalLiabilityAmt0206469032
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0273460
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1139428
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt017339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt18395
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt18538
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FARDAD KHOSRAVI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PAUL LINDSLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0305147

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$243,282,825
Liabilities
$207,599,372
Net assets
$35,683,453
Revenue
$7,478,389
Expenses
$6,608,979
Net income
$869,410
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$233$199$34.7$11.9$10.7$1.14
2023Detailed filing. Detailed filing data is available for this year.$237$204$32.5$10.5$9.02$1.50
2022Detailed filing. Detailed filing data is available for this year.$240$210$29.8$7.63$6.80$0.84
2021Detailed filing. Detailed filing data is available for this year.$256$220$35.9$6.86$6.06$0.80
2020Detailed filing. Detailed filing data is available for this year.$243$208$35.7$7.48$6.61$0.87
2019Detailed filing. Detailed filing data is available for this year.$224$190$33.9$10.0$8.88$1.16
2018Detailed filing. Detailed filing data is available for this year.$222$192$29.9$9.68$8.01$1.67
2017Detailed filing. Detailed filing data is available for this year.$221$190$30.9$8.40$6.72$1.68
2016Detailed filing. Detailed filing data is available for this year.$217$187$30.1$7.58$6.55$1.03
2015Detailed filing. Detailed filing data is available for this year.$215$185$29.8$6.75$5.97$0.78
2014Detailed filing. Detailed filing data is available for this year.$206$178$28.0$6.77$5.29$1.48
2013Detailed filing. Detailed filing data is available for this year.$200$175$25.3$7.77$6.49$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$202$175$27.4$6.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$188$164$23.5$5.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$189$166$23.1$6.84