Totals
- Total revenue
- $5,118,064
- Total expenses
- $6,953,570
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,171,344
- Investment income
- $946,720
- Other revenue
- $0
- Total assets, end of year
- $81,997,222
- Total liabilities, end of year
- $73,455,509
- Net assets or fund balances, end of year
- $8,541,713
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: INTEREST ON LOANS
total $3,481,795 · related or exempt $0 · unrelated business $0 · excluded $3,481,795
-
2b · Program service revenue: LOAN AND ACCOUNT FEES
total $354,870 · related or exempt $0 · unrelated business $0 · excluded $354,870
-
2c · Program service revenue: OTHER MISCELLANEOUS FEE
total $334,679 · related or exempt $0 · unrelated business $0 · excluded $334,679
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $946,720 · related or exempt $0 · unrelated business $0 · excluded $946,720
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $777,492
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,067,685
-
8 · Pension plan contributions
total $45,895
-
9 · Other employee benefits
total $170,387
-
10 · Payroll taxes
total $184,443
-
11a · Fees: management
total $248,018
-
11b · Fees: legal
total $6,211
-
11c · Fees: accounting
total $270,024
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $311,636
-
13 · Office expenses
total $158,912
-
14 · Information technology
total $686,026
-
15 · Royalties
total $0
-
16 · Occupancy
total $299,765
-
17 · Travel
total $3,282
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $29,198
-
20 · Interest
total $294,541
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $339,347
-
23 · Insurance
total $29,679
-
24a · Other expenses: Loan Servicing
total $227,476
-
24b · Other expenses: Provision for Loan Loss
total $1,877,911
-
24c · Other expenses: Miscellaneous
total $34,126
-
24e · All other expenses
total -$108,484
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $397,018 · end of year $402,393
-
2 · Savings and temporary cash investments
beginning of year $29,352,102 · end of year $14,995,802
-
4 · Accounts receivable
beginning of year $185,197 · end of year $67,312
-
7 · Other notes and loans receivable
beginning of year $60,130,271 · end of year $63,295,947
-
9 · Prepaid expenses and deferred charges
beginning of year $288,876 · end of year $217,239
-
10a · Land, buildings and equipment: cost or other basis
$2,990,791
-
10b · Land, buildings and equipment: accumulated depreciation
$1,039,013
-
10c · Land, buildings and equipment, net
beginning of year $2,211,258 · end of year $1,951,778
-
15 · Other assets
beginning of year $1,132,457 · end of year $1,066,751
-
17 · Accounts payable and accrued expenses
beginning of year $407,908 · end of year $497,798
-
25 · Other liabilities
beginning of year $82,912,052 · end of year $72,957,711
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $10,377,219 · end of year $8,541,713
Mission and programs · 2025
Mission
We provide solutions to improve each of our members financial lives by offering competitive-low fee services and providing financial literacy through education events.
Activities or mission (Part I)
We provide solutions to improve each members financial life by providing savings, investments, and consumer loan products at favorable rates with minimal fees.
-
Operations & maintenance of a cooperative credit union owned by its members.
-
Interest & dividends paid on savings, certificate of deposit and borrowings
As filed on the 2025 return.
Listed in Part VII
-
Justin Olson
CEO/President
- Total calculated
- $167,109
- From this org
- $167,109
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $153,759
- Bonus
- $13,349
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $167,108
-
Wendy Russell
Interim CEO/Director of Finance
- Total calculated
- $158,433
- From this org
- $158,433
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $159,032
- Bonus
- $1,469
- Other
- $8,350
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $168,851
-
Andrew Ackman
Director of IT
- Total calculated
- $125,928
- From this org
- $125,928
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $133,292
- Bonus
- $1,240
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $134,532
-
Cindy Packard
Director of Member Services
- Total calculated
- $123,005
- From this org
- $123,005
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $130,675
- Bonus
- $1,240
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $131,915
-
Yuki Lam
Director of Marketing
- Total calculated
- $101,706
- From this org
- $101,706
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $104,440
- Bonus
- $1,240
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $105,680
-
Sarah Buck
Director of Experience
- Total calculated
- $101,311
- From this org
- $101,311
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45 + 45 related
Schedule J breakdown matched by us
- Base
- $105,587
- Bonus
- $1,240
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $106,827
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Schedule J, Part I, Line 3
- We use a vendor Balance Comp who collects industry salary surveys and uses local factors to come up with Salary Ranges
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 May 2026
- IRS schema version
- 2025v4.0
- Source object
- 202601349349309630
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