Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
990 • Fiscal year 2021 • EIN 95-1847819
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
8th percentile
Higher top officer pay than 8% of similar nonprofits.
Top officer pay equals 8.4% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Up$55,072,681
Up $13,870,239 (+34%) from 2020
Net Assets
Down$8,760,727
Down $571,219 (-6.1%) from 2020
Liabilities
Up$46,311,954
Up $14,441,458 (+45%) from 2020
Revenue
Down$898,409
Down $120,144 (-12%) from 2020
Expenses
Up$1,312,566
Up $228,681 (+21%) from 2020
Net Income
Down-$414,157
Down $348,825 (-534%) from 2020
To promote thrift, honesty, integrity, business methods, and the spirit of service among its members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $22,344,339 | $31,428,717 | ▲ $9,084,378 |
| Investments in Publicly Traded Securities | $7,494,116 | $11,541,014 | ▲ $4,046,898 |
| Rtn Earn Endowment Incm Other Fnds | $9,331,946 | $8,760,727 | ▼ $571,219 |
| Other Notes and Loans Receivable, Net | $6,806,797 | $7,463,311 | ▲ $656,514 |
| Land, Buildings, and Equipment, Net | $3,051,875 | $3,010,651 | ▼ $41,224 |
| Cash and Non-Interest-Bearing Accounts | $988,383 | $850,445 | ▼ $137,938 |
| Prepaid Expenses and Deferred Charges | $25,254 | $50,669 | ▲ $25,415 |
| Accounts Receivable | $133,186 | $7,833 | ▼ $125,353 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $41,202,442 | $55,072,681 | ▲ $13,870,239 |
| Other Assets Total | $358,492 | $720,041 | ▲ $361,549 |
| Liabilities | |||
| Other Liabilities | $31,797,691 | $44,971,474 | ▲ $13,173,783 |
| Accounts Payable and Accrued Expenses | $72,805 | $1,340,480 | ▲ $1,267,675 |
| Total Liabilities | $31,870,496 | $46,311,954 | ▲ $14,441,458 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $9,331,946 | $8,760,727 | ▼ $571,219 |
| Total Liabilities and Net Assets / Fund Balance | $41,202,442 | $55,072,681 | ▲ $13,870,239 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $2,150,000 | - | $2,150,000 |
| Buildings | $787,572 | $291,262 | $1,078,834 |
| Equipment | $73,079 | $101,866 | $174,945 |
| Other Securities | $15,401,000 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kimberly Diaz | Executive Vice President | FT | $67,338 | $8,531 | $75,869 |
| Annette Santos | Operations Manager | FT | $44,494 | $14,435 | $58,929 |
| Name | Title |
|---|---|
| Robert Corona | President/chair |
| Jeffrey Slomiak | Vice-president |
| Gary Tomlin | Director |
| Ladislao Ortiz | Director |
| Shawn Mcdonald | Director |
| Shomari Davis | Secretary |
| Marc Greenfield | Treasurer/CEO |
| Line Item | Amount |
|---|---|
| Other Expenses | $767,342 |
| Salaries, Compensation, and Employee Benefits | $545,224 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $279,306 |
| Office Expenses | - | - | - | $138,481 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $134,798 |
| Occupancy | - | - | - | $95,059 |
| Fees for Services Accounting | - | - | - | $87,240 |
| Other Employee Benefits | - | - | - | $85,403 |
| Fees for Services Management | - | - | - | $72,454 |
| Depreciation Depletion | - | - | - | $59,942 |
| Payroll Taxes | - | - | - | $32,458 |
| Insurance | - | - | - | $29,861 |
| Fees for Services Legal | - | - | - | $19,687 |
| Fees for Services Other | - | - | - | $17,914 |
| All Other Expenses | - | - | - | $15,844 |
| Information Technology | - | - | - | $15,598 |
| Pension Plan Contributions | - | - | - | $13,259 |
| Other Expenses | - | - | - | $9,563 |
| Conferences and Meetings | - | - | - | $4,724 |
| Advertising | - | - | - | $1,682 |
| Travel | - | - | - | $1,170 |
| Interest | - | - | - | $3 |
| Total Functional Expenses | $0 | $0 | $0 | $1,312,566 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Member Share Deposits | $44,971,474 |
“L a electrical workers credit union has members as specified in its bylaws.”
“L a electrical workers credit union members have the power to elect the members of the governing body.”
“Form 990 is prepared by an outside accounting firm and is reviewed by the executive vice president. A copy of form 990 is provided to the board of directors before filing with the internal revenue service.”
“L a electrical workers credit union board of directors sets the compensation of the chief executive officer based on the current ibew local 11 general foreman salary, which happens to be slightly less than the 50% midpoint salary range according to the 2022 cuna benchmark compensation structure. The board of directors maintains contemporaneous documentation and recordkeeping for deliberations and decisions regarding compensation arrangements. This process last occurred in april 2021.”
“L a electrical workers credit union (credit union) makes its governing documents, conflict of interest policy, and unaudited financial statements available to the public upon request in the same time and manner as other disclosures required under internal revenue code section 6104. The credit union does not have a conflict of interest policy.”
“Volunteers are elected at the annual member shareholders meeting to the board of directors, supervisory committee and credit committee. The board of directors meet monthly to review financial statements and new and old business. The supervisory committee meets monthly to address new and pending credit union and member issues. The credit committee meets every monday to review member loan applications.”
“L a electrical workers credit union's (the credit union) 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 credit union's tax year-end is december 31st.”
“In 2021, l a electrical workers credit union determined that it was more appropriate to include in the prior year column for line 17 (other expenses) certain items included in prior year forms 990, part ix, in line 4 (benefits paid to or for members). Conforming adjustments have been made to the current year amounts listed in the current year column of part i and part ix.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 72805 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1340480 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 133186 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 7833 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE THRIFT, HONESTY, INTEGRITY, BUSINESS METHODS, AND THE SPIRIT OF SERVICE AMONG ITS MEMBERS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1682 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 15844 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SHAWN MCDONALD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6264409284 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3820 E COLORADO BLVD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PASADENA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91107 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 988383 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 850445 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 134798 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 4724 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 448656 |
| IRS990/CYOtherExpensesAmt | 0 | 767342 |
| IRS990/CYOtherRevenueAmt | 0 | 36591 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 413162 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -414157 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 545224 |
| IRS990/CYTotalExpensesAmt | 0 | 1312566 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 898409 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 59942 |
| IRS990/Desc | 0 | L A ELECTRICAL WORKERS CREDIT UNION RECEIVES MONEY FROM MEMBERS FOR THE PURCHASE OF REGULAR SHARES AND SHARE DRAFTS AND TO RETURN THE HIGHEST DIVIDEND RATE POSSIBLE. AS OF DECEMBER 31, 2021 THE TOTAL NUMBER OF MEMBERS/ACCOUNTS WAS 14,506 WITH SHARES TOTALING $39,966,062, SHARE DRAFT ACCOUNTS TOTALING $1,705,613, IRA DEPOSIT ACCOUNTS TOTALING $10,285, AND IRA CD DEPOSITS TOTALING $3,293,547. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 12 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 87240 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 19687 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 72454 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 17914 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 8531 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 14435 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT CORONA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHOMARI DAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARC GREENFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SHAWN MCDONALD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LADISLAO ORTIZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JEFFREY SLOMIAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GARY TOMLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KIMBERLY DIAZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ANNETTE SANTOS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 67338 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 44494 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT/CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | OPERATIONS MANAGER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1953 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 898409 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 36591 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 15598 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 29861 |
| IRS990/InterestGrp/TotalAmt | 0 | 3 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 448656 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 448656 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 22344339 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 31428717 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 7494116 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 11541014 |
| IRS990/IRPDocumentCnt | 0 | 282 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 393128 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3051875 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3010651 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3403779 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE THRIFT, HONESTY, INTEGRITY, BUSINESS METHODS, AND THE SPIRIT OF SERVICE AMONG ITS MEMBERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9331946 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8760727 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 36591 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 36591 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -157062 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 95059 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 138481 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 358492 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 720041 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 85403 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIVIDENDS PAID TO MEMBE |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK SERVICE CHARGES |
| IRS990/OtherExpensesGrp/Desc | 2 | PROVISION FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 3 | SURETY BOND PREMIUM |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 113559 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 72379 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 12182 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9563 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 31797691 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 44971474 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 279306 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 6806797 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 7463311 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 32458 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 13259 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 25254 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 50669 |
| IRS990/PrincipalOfficerNm | 0 | SHAWN MCDONALD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 312276 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 99986 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 312276 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 100886 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 900 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 450329 |
| IRS990/PYOtherExpensesAmt | 0 | 625296 |
| IRS990/PYOtherRevenueAmt | 0 | 19537 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 548687 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -65332 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 458589 |
| IRS990/PYTotalExpensesAmt | 0 | 1083885 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1018553 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -414157 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 36591 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 9331946 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 8760727 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 787572 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 291262 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1078834 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 73079 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 101866 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 174945 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2150000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2150000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 44971474 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARE DEPOSITS |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 16027717 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 15401000 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | CERTIFICATE OF DEPOSITS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | CORP DEPOSITS |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3010651 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 31428717 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 44971474 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VOLUNTEERS ARE ELECTED AT THE ANNUAL MEMBER SHAREHOLDERS MEETING TO THE BOARD OF DIRECTORS, SUPERVISORY COMMITTEE AND CREDIT COMMITTEE. THE BOARD OF DIRECTORS MEET MONTHLY TO REVIEW FINANCIAL STATEMENTS AND NEW AND OLD BUSINESS. THE SUPERVISORY COMMITTEE MEETS MONTHLY TO ADDRESS NEW AND PENDING CREDIT UNION AND MEMBER ISSUES. THE CREDIT COMMITTEE MEETS EVERY MONDAY TO REVIEW MEMBER LOAN APPLICATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | L A ELECTRICAL WORKERS CREDIT UNION HAS MEMBERS AS SPECIFIED IN ITS BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | L A ELECTRICAL WORKERS CREDIT UNION MEMBERS HAVE THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE EXECUTIVE VICE PRESIDENT. A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | L A ELECTRICAL WORKERS CREDIT UNION BOARD OF DIRECTORS SETS THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED ON THE CURRENT IBEW LOCAL 11 GENERAL FOREMAN SALARY, WHICH HAPPENS TO BE SLIGHTLY LESS THAN THE 50% MIDPOINT SALARY RANGE ACCORDING TO THE 2022 CUNA BENCHMARK COMPENSATION STRUCTURE. THE BOARD OF DIRECTORS MAINTAINS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS. THIS PROCESS LAST OCCURRED IN APRIL 2021. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | L A ELECTRICAL WORKERS CREDIT UNION (CREDIT UNION) MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND UNAUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. THE CREDIT UNION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | L A ELECTRICAL WORKERS CREDIT UNION'S (THE CREDIT UNION) 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 CREDIT UNION'S TAX YEAR-END IS DECEMBER 31ST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | IN 2021, L A ELECTRICAL WORKERS CREDIT UNION DETERMINED THAT IT WAS MORE APPROPRIATE TO INCLUDE IN THE PRIOR YEAR COLUMN FOR LINE 17 (OTHER EXPENSES) CERTAIN ITEMS INCLUDED IN PRIOR YEAR FORMS 990, PART IX, IN LINE 4 (BENEFITS PAID TO OR FOR MEMBERS). CONFORMING ADJUSTMENTS HAVE BEEN MADE TO THE CURRENT YEAR AMOUNTS LISTED IN THE CURRENT YEAR COLUMN OF PART I AND PART IX. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART I, LINE 6, VOLUNTEERS: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IV, LINE 12A & PART XII, LINE 2B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART I, LINES 14 & 17: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 41202442 |
| IRS990/TotalAssetsEOYAmt | 0 | 55072681 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 41202442 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 55072681 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 12 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1312566 |
| IRS990/TotalGrossUBIAmt | 0 | 900 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 31870496 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 46311954 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 31870496 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 46311954 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 9331946 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 8760727 |
| IRS990/TotalOtherCompensationAmt | 0 | 22966 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 413162 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 111832 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 448656 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 448853 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 898409 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 900 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 41202442 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 55072681 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 1170 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 3820 E COLORADO BLVD |
| IRS990/USAddress/CityNm | 0 | PASADENA |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 91107 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LAEWCU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHAWN MCDONALD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6264409284 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | L A ELECTRICAL WORKERS CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAEL |
| ReturnHeader/Filer/EIN | 0 | 951847819 |
| ReturnHeader/Filer/PhoneNum | 0 | 6264409284 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3820 E COLORADO BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PASADENA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91107 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 420714325 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RSM US LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4650 EAST 53RD STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DAVENPORT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 528073479 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5638884000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-09-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JENIFER L CHASE |
| ReturnHeader/ReturnTs | 0 | 2023-10-06T16:47:57-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SHAWN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MCDONALD |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.