Civic Intelligence

Pacific Postal Credit Union

990 • Fiscal year 2021 • EIN 94-0760540

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

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

12th percentile

0.86x

Higher debt load relative to assets than 12% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

32.02x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Net Margin

23rd percentile

12%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

26th percentile

$309,410

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Asset Growth

9th percentile

5.1%

Faster asset growth than 9% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-8.2%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Assets

Up

$255,571,467

Up $12,288,642 (+5.1%) from 2020

Net Assets

Up

$35,861,217

Up $177,764 (+0.5%) from 2020

Liabilities

Up

$219,710,250

Up $12,110,878 (+5.8%) from 2020

Revenue

Down

$6,861,841

Down $616,548 (-8.2%) from 2020

Expenses

Down

$6,062,035

Down $546,944 (-8.3%) from 2020

Net Income

Down

$799,806

Down $69,604 (-8.0%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$255,571,467
Liabilities$219,710,250
Net Assets$35,861,217

Operations Trend

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

2021

Revenue$6,861,841
Expenses$6,062,035
Net Income$799,806
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$6,862,340
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$149,154,604$153,324,335▲ $4,169,731
Other Notes and Loans Receivable, Net$76,551,692$84,286,925▲ $7,735,233
Rtn Earn Endowment Incm Other Fnds$35,683,453$35,861,217▲ $177,764
Receivables From Officers Etc$3,020,434$3,165,765▲ $145,331
Accounts Receivable$854,770$664,342▼ $190,428
Cash and Non-Interest-Bearing Accounts$580,396$641,102▲ $60,706
Prepaid Expenses and Deferred Charges$455,062$478,732▲ $23,670
Land, Buildings, and Equipment, Net$365,302$259,806▼ $105,496
Intangible Assets$151,042$113,281▼ $37,761
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$243,282,825$255,571,467▲ $12,288,642
Other Assets Total$12,149,523$12,637,179▲ $487,656
Liabilities
Other Liabilities$206,469,032$217,799,805▲ $11,330,773
Accounts Payable and Accrued Expenses$1,130,340$1,910,445▲ $780,105
Total Liabilities$207,599,372$219,710,250▲ $12,110,878
Net Assets / Fund Balance
Total Net Assets Fund Balance$35,683,453$35,861,217▲ $177,764
Total Liabilities and Net Assets / Fund Balance$243,282,825$255,571,467▲ $12,288,642

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,300$3,549,351$3,628,651
Buildings$113,489$1,471,440$1,584,929
Land$67,017-$67,017
Other Securities$129,567,368--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fardad KhosraviPresident & CEOFT$280,947$28,463$309,410
Paul LindsleyCFOFT$143,216$14,984$158,200
Karole MorikawaMarketing ManagerFT$122,497$18,725$141,222
David ClarkIt ManagerFT$123,040$14,978$138,018
Elsa PhamMarketing ManagerFT$119,230$16,403$135,633
Cyndee LemonOperations ManagerFT$113,314$15,455$128,769

Board Members and Trustees

NameTitle
Richard SilveriaChair
Roger SomerVice Chair
Carol CroteauDirector
Marie FurtadoDirector
Michael MedlinDirector
Robert ScalettaDirector
Johanna RochaSecretary, Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Co-op Financial ServicesAtm Services9692 HAVEN AVE, Rancho Cucamonga, CA 91730$255,106
FinastraData ProcessingPO BOX 535120, Atlanta, GA 30353$203,945
FisVisa Processing7805 HUDSON RD, Woodbury, MN 55125$118,412
CubusHomebanking3049 INDEPENDENCE DR SUITE A, Livermore, CA 94551$117,160
TpxCommunications208 S AKARD ST, Dallas, TX 75202$112,677
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,175,320
Investment Income
$1,686,521
Other Revenue
$0
Change in Net Assets
$799,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,236,568
Other Expenses$2,376,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,998,818
Current Officers, Directors, Trustees, and Key Employees---$467,610
Other Employee Benefits---$458,130
Benefits to Members---$448,547
Occupancy---$400,173
Information Technology---$328,250
All Other Expenses---$276,271
Fees for Services Other---$270,898
Payroll Taxes---$181,042
Advertising---$177,428
Pension Plan Contributions---$130,968
Depreciation Depletion---$91,913
Office Expenses---$90,966
Other Expenses---$83,500
Insurance---$77,350
Travel---$29,962
Interest---$86
Total Functional Expenses$0$0$0$6,062,035
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$3,020,434$3,165,765▲ $145,331
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$217,799,805
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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

Pacific postal credit union has members as specified in its bylaws.

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 12

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 15

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
Paul Lindsley
Title
Chief Financial Officer
Phone
4082758595
Signed
2022-11-15
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
39
Volunteers
10

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 IV, Line 12A & Part XII, Line 2B

The organization's financial statements are audited on a separate basis by an independent accountant. However, the financial statements are audited on a fiscal year-end basis of september 30th, while the organization's tax year-end is december 31st.

Raw XML AppendixShowing 400 of 508 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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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/TitleTxt7PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MARKETING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MARKETING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt12IT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01931
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-499
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06862340
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0328250
IRS990/InsuranceGrp/TotalAmt077350
IRS990/IntangibleAssetsGrp/BOYAmt0151042
IRS990/IntangibleAssetsGrp/EOYAmt0113281
IRS990/InterestGrp/TotalAmt086
IRS990/InvestmentIncomeGrp/ExclusionAmt01687020
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01687020
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0149154604
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0153324335
IRS990/IRPDocumentCnt02415
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05020791
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0365302
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0259806
IRS990/LandBldgEquipCostOrOtherBssAmt05280597
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0499
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
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/NetAssetsOrFundBalancesBOYAmt035683453
IRS990/NetAssetsOrFundBalancesEOYAmt035861217
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-499
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-499
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-622042
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0400173
IRS990/OfficeExpensesGrp/TotalAmt090966
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012149523
IRS990/OtherAssetsTotalGrp/EOYAmt012637179
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0458130
IRS990/OtherExpensesGrp/Desc0ATM EXPENSES
IRS990/OtherExpensesGrp/Desc1LOAN/VISA EXPENSES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0286390
IRS990/OtherExpensesGrp/TotalAmt1263733
IRS990/OtherExpensesGrp/TotalAmt283500
IRS990/OtherLiabilitiesGrp/BOYAmt0206469032
IRS990/OtherLiabilitiesGrp/EOYAmt0217799805
IRS990/OtherSalariesAndWagesGrp/TotalAmt01998818
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt076551692
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt084286925
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0181042
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0130968
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0455062
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0478732
IRS990/PrincipalOfficerNm0FARDAD KHOSRAVI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE & CHARGES INCOME
IRS990/ProgramServiceRevenueGrp/Desc2M/C INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4VISA INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03875205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1545968
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2303538
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3244267
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4166327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03875205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1585983
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2303538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3244267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4166327
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt040015
IRS990/ProgSrvcAccomActy2Grp/Desc0PACIFIC POSTAL CREDIT UNION PROVIDES DEPOSIT SERVICES TO MEMBERS AT LOWER THAN MARKET FEES. DURING 2021, MEMBERS INCREASED THEIR DEPOSIT ACCOUNTS TO $11,330,773 AND TOTAL MEMBERSHIP OF THE CREDIT UNION WAS 13,707 AT DECEMBER 31, 2021.
IRS990/ProgSrvcAccomActy3Grp/Desc0FOR THE YEAR-ENDED DECEMBER 31, 2021, PACIFIC POSTAL CREDIT UNION'S PERCENTAGE OF FEE INCOME EARNED AS A PERCENTAGE OF TOTAL INCOME WAS 15%, WHICH IS LESS THAN HALF OF THE INDUSTRY STANDARD.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0889361
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02436649
IRS990/PYOtherExpensesAmt02645877
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05041740
IRS990/PYRevenuesLessExpensesAmt0869410
IRS990/PYSalariesCompEmpBnftPaidAmt03073741
IRS990/PYTotalExpensesAmt06608979
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07478389
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt03020434
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt03165765
IRS990/ReconcilationRevenueExpnssAmt0799806
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt035683453
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035861217
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0113489
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01471440
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01584929
IRS990ScheduleD/EquipmentGrp/BookValueAmt079300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03549351
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03628651
IRS990ScheduleD/LandGrp/BookValueAmt067017
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0217799805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt016153154
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1-1740444
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt29344257
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3129567368
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/TotalBookValueLandBuildingsAmt0259806
IRS990ScheduleD/TotalBookValueSecuritiesAmt0153324335
IRS990ScheduleD/TotalLiabilityAmt0217799805
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0280947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1143216
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/DeferredCompensationFlngOrgAmt014093
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt17160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt17824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0904
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/TotalCompensationFilingOrgAmt0309410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS A NONQUALIFIED DEFERRED COMPENSATION PLAN IN PLACE FOR CERTAIN EXECUTIVES AS DESCRIBED IN SECTION 457(F). AMOUNTS ACCRUED UNDER SUCH A PLAN ARE PROPERLY REFLECTED IN PART VII, COLUMN F AND IN SCHEDULE J, PART II, COLUMN C. ADDITIONAL TERMS AND CONDITIONS OF SUCH PLAN ARE AVAILABLE TO THE IRS UPON REQUEST. THERE WERE NO DISBURSEMENTS DURING 2021. PARTICIPANTS INCLUDED FARDAD KHOSRAVI.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B

Document Assets

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Filings

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