CLARITY CREDIT UNION

Address
PO BOX 500
NAMPA, ID 83653
Contact
Website: http://www.claritycu.com
Phone: +1 (208) 467-6583
Nonprofit
EIN: 82-0202653
Year formed: 1948

Mission

CLARITY CREDIT UNION VALUES PEOPLE AS INDIVIDUALS, HELPING THEM REALIZE THEIR GOALS AND ACHIEVE THEIR DREAMS. WE BUILD LIFELONG RELATIONSHIPS BY PROVIDING FINANCIAL SOLUTIONS WITHIN OUR COMMUNITY.
 201620152014
Basic features of the organization
Year of formation1948
Subsection501(c)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$290,544.00$323,809.00$295,511.00
Sum of reportable (W2/1099) compensation$243,161.00$268,821.00$248,315.00
Number of employees485445
Number of people compensated >$100k111
Number of volunteers777
Number of highly compensated contractors000
Personnel
122016, Dennis
TitleVICE CHAIR  
Name of key/compensated personDENNIS ELLEDGE UNTIL 122016  
Average hours per week working for org0.50  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
122016, Kay
TitleBOARD DIRECTOR  
Name of key/compensated personKAY SHAIN UNTIL 122016  
Average hours per week working for org0.50  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Archer, Kathleen
TitleSECRETARYBOARD DIRECTORBOARD DIRECTOR
Name of key/compensated personKATHLEEN ARCHERKATHLEEN ARCHERKATHLEEN ARCHER
Average hours per week working for org0.500.500.50
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Edwards, Wendy
TitleCEOCEOCEO
Name of key/compensated personWENDY EDWARDSWENDY EDWARDSWENDY EDWARDS
Average hours per week working for org40.0040.0045.00
Reportable compensation from org$100,897.00$104,120.00$100,243.00
Other comp, non-reportable, from org and related orgs$22,949.00$20,857.00$18,770.00
PositionOfficerOfficerOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Elledge, Dennis
Title VICE CHAIRVICE CHAIR
Name of key/compensated person DENNIS ELLEDGEDENNIS ELLEDGE
Average hours per week working for org 0.500.50
Reportable compensation from org $0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Fugal, Nick
TitleCFOCFOCFO
Name of key/compensated personNICK FUGALNICK FUGALNICK FUGAL
Average hours per week working for org40.0040.0045.00
Reportable compensation from org$86,164.00$84,032.00$75,494.00
Other comp, non-reportable, from org and related orgs$21,120.00$20,226.00$16,875.00
PositionOfficerOfficerOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Green, Jeremy
TitleBOARD DIRECTORBOARD DIRECTORBOARD DIRECTOR
Name of key/compensated personJEREMY GREENJEREMY GREENJEREMY GREEN
Average hours per week working for org0.500.500.50
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Jensen, Jay
TitleTREASURERTREASURERBOARD DIRECTOR
Name of key/compensated personJAY JENSENJAY JENSENJAY JENSEN
Average hours per week working for org0.500.500.50
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
John, Gary
Title  BOARD DIRECTOR
Name of key/compensated person  GARY JOHN
Average hours per week working for org  0.50
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Serratos, Karen
TitleVICE CHAIRSECRETARYSECRETARY
Name of key/compensated personKAREN SERRATOSKAREN SERRATOSKAREN SERRATOS
Average hours per week working for org0.500.500.50
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Shain, Kay
Title BOARD DIRECTOR 
Name of key/compensated person KAY SHAIN 
Average hours per week working for org 0.50 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Snead, Suzie
TitleCOOCOOCOO
Name of key/compensated personSUZIE SNEADSUZIE SNEADSUZIE SNEAD
Average hours per week working for org40.0040.0045.00
Reportable compensation from org$56,100.00$80,669.00$72,578.00
Other comp, non-reportable, from org and related orgs$1,985.00$13,907.00$11,551.00
PositionOfficerOfficerOfficer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Spencer, Brett
TitleBOARD CHAIRBOARD CHAIRBOARD CHAIR
Name of key/compensated personBRETT SPENCERBRETT SPENCERBRETT SPENCER
Average hours per week working for org0.500.500.50
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO BUILD LIFELONG RELATIONSHIPS BY PROVIDING FINANCIAL SOLUTIONS WITHIN OUR COMMUNITY.TO BUILD LIFELONG RELATIONSHIPS BY PROVIDING FINANCIAL SOLUTIONS WITHIN OUR COMMUNITY.TO BUILD LIFELONG RELATIONSHIPS BY PROVIDING FINANCIAL SOLUTIONS WITHIN OUR COMMUNITY.
Programs, including revenue & expenses
THE CREDIT UNION SERVED 15,391 MEMBERS IN 2016. MEMBER SERVICES ENCOURAGE THRIFT AND SAVING AND INCLUDE SAVINGS, CHECKING, LOAN, CD AND IRA ACCOUNTS.
Program descriptionTHE CREDIT UNION SERVED 15,391 MEMBERS IN 2016. MEMBER SERVICES ENCOURAGE THRIFT AND SAVING AND INCLUDE SAVINGS, CHECKING, LOAN, CD AND IRA ACCOUNTS.THE CREDIT UNION SERVED 15,477 MEMBERS IN 2015. MEMBER SERVICES ENCOURAGE THRIFT AND SAVING AND INCLUDE SAVINGS, CHECKING, LOAN, CD AND IRA ACCOUNTS.THE CREDIT UNION SERVED 14,281 MEMBERS IN 2014. MEMBER SERVICES ENCOURAGE THRIFT AND SAVING AND INCLUDE SAVINGS, CHECKING, LOAN, CD AND IRA ACCOUNTS.
Financial data
Expense categories (totals)
Sum (total functional expenses)$6,157,066.00$5,075,943.00$3,936,292.00
Revenue
Total revenue$5,583,278.00$5,334,995.00$3,963,178.00
Program service revenue (total)$5,485,117.00$5,228,995.00$3,858,687.00
Investment income$98,161.00$106,000.00$104,491.00
Total unrelated business revenue$20,172.00$20,482.00$20,852.00
Other revenue, current yr$0.00$0.00$0.00
Net unrelated business taxable revenue$14,616.00$15,864.00$13,800.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$5,642,029.00$10,269,763.00$4,209,910.00
Other types of revenue
Income from dividends, interest, and similar investments$100,109.00$56,154.00$102,306.00
Fees for services
Legal fees (total)$14,727.00$1,522.00$7,318.00
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$5,625.00$3,466.00$2,909.00
Accounting service fees (total)$12,200.00$11,583.00$10,583.00
Assets and liabilities
Total assets$68,580,521.00$65,469,109.00$61,190,012.00
Total assets, beginning of year$65,469,109.00$61,190,012.00$55,370,433.00
Total liabilities$63,857,774.00$60,172,574.00$56,152,529.00
Total liabilities, beginning of year$60,172,574.00$56,152,529.00$50,359,836.00
Loans & receivables from key persons$59,599.00$154,152.00 
Net assets$4,722,747.00$5,296,535.00$5,037,483.00
Net assets, beginning of year$5,296,535.00$5,037,483.00$5,010,597.00
Other liabilities$63,617,186.00$59,588,868.00$52,397,633.00
Other assets$9,104,780.00$6,533,924.00$2,885,964.00
Investments: other securities$99,254.00$347,254.00$348,324.00
Cash: non-interest bearing$1,149,854.00$1,434,952.00$1,515,335.00
Cash: non-interest bearing, beginning of year$1,434,952.00$1,515,335.00$1,100,920.00
Other financial variables
Revenue less expenses-$573,788.00$259,052.00$26,886.00
Advertising (total)$65,752.00$101,780.00$97,407.00
Savings & temp cash investment$4,176,265.00$141,777.00$1,620,846.00
Accounts receivable, net$52,561.00$40,508.00$39,655.00
Prepaid expenses & deferred charges$99,332.00$348,582.00$71,156.00
Accounts payable & accrued expenses$240,588.00$583,706.00-$237,487.00
Secured mortgages and notes payable $0.00$3,992,383.00
Total net assets or fund balances$4,722,747.00$5,296,535.00$5,037,483.00
Depreciation, depletion, amortization$164,639.00$139,279.00$136,478.00
Governance and accountability
Number of voting members577
Number of independent voting members577
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Has local chaptersTrueTrueTrue
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Outstanding loan to key person or disqualified personTrueTrueTrue
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-01-182017-02-212016-02-22
IRS schema version2016v3.02015v2.12014v5.0
Filing identifier201703119349301700201623089349301382201543209349313034
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