WELD SCHOOLS CREDIT UNION

Address
2555 47 AVENUE
GREELEY, CO 80634
Contact
Website: http://www.weldschoolscu.com
Phone: +1 (970) 330-9728
Nonprofit
NTEE: W61 - Credit Unions
EIN: 84-0526937

Mission

STATE CHARTERED CREDIT UNION
 20162015201420132012
Basic features of the organization
Year of formation1936
Metropolitan statistical area2082
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$121,628.00$238,926.00$119,651.00$110,976.00$107,928.00
Number of employees2624242427
Number of people compensated >$100k12111
Number of volunteers11 111111
Personnel
Cannone, Connie
TitleCEOVICE PRESIDE   
Name of key/compensated personCONNIE CANNONECONNIE CANNONE   
Position of compensated person
Highest compensated employees (>$100k)TrueTrue   
Average hours per week working for org40.0040.00   
Reportable compensation from org$121,628.00$106,649.00   
Other comp, non-reportable, from org and related orgs$4,795.00$4,465.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Clark, Jerry
TitleBOARD MEMBER    
Name of key/compensated personJERRY CLARK    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Gorze, Bruce
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personBRUCE GORZEBRUCE GORZEBRUCE GORZEBRUCE GORZEBRUCE GORZE
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Harbert, Roger
Title  BOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person  ROGER HARBERTROGER HARBERTROGER HARBERT
Position of compensated person
Average hours per week working for org  1.001.001.00
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
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Humphrey, Ken
Title BOARD MEMBER   
Name of key/compensated person KEN HUMPHREYKEN HUMPHREY  
Position of compensated person
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Larson, Paul
TitleBOARD MEMBER    
Name of key/compensated personPAUL LARSON    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Lengel, Barbara
Title   BOARD MEMBERBOARD MEMBER
Name of key/compensated person   BARBARA LENGELBARBARA LENGEL
Position of compensated person
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Lind, Joan
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personJOAN LINDJOAN LINDJOAN LINDJOAN LINDJOAN LIND
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Menke, Beverly
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER  
Name of key/compensated personBEVERLY MENKEBEVERLY MENKEBEVERLY MENKE  
Position of compensated person
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Rainbolt, Ben
TitleBOARD MEMBERBOARD MEMBER   
Name of key/compensated personBEN RAINBOLTBEN RAINBOLT   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Sanborn, Steven
Title CEOCEOCEOCEO
Name of key/compensated person STEVEN SANBORNSTEVEN SANBORNSTEVEN SANBORNSTEVEN SANBORN
Position of compensated person
Highest compensated employees (>$100k) TrueTrueTrueTrue
Average hours per week working for org 40.0040.0040.0040.00
Reportable compensation from org $132,277.00$119,651.00$110,976.00$107,928.00
Other comp, non-reportable, from org and related orgs $12,177.00$9,433.00$8,807.00$8,173.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Spohn, Lawrence
Title   BOARD MEMBERBOARD MEMBER
Name of key/compensated person   LAWRENCE SPOHNLAWRENCE SPOHN
Position of compensated person
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Steward, Gary
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personGARY STEWARDGARY STEWARDGARY STEWARDGARY STEWARDGARY STEWARD
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Yates, Jolene
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person JOLENE YATESJOLENE YATESJOLENE YATESJOLENE YATES
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSTATE CHARTERED CREDIT UNIONSTATE CHARTERED CREDIT UNIONSTATE CHARTERED CREDIT UNIONSTATE CHARTERED CREDIT UNIONSTATE CHARTERED CREDIT UNION
Programs, including revenue & expenses
N/A
Program descriptionN/AN/AN/AN/AN/A
Financial data
Revenue
Total revenue$2,395,280.00$2,185,675.00$2,111,493.00$2,212,440.00$2,400,815.00
Revenue from contributions (total) $0.00  $0.00
Investment income, current yr$270,357.00$187,727.00$144,177.00$123,713.00$113,494.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$2,124,923.00$1,997,948.00$1,967,316.00$2,088,727.00$2,287,321.00
Gross receipts$2,395,280.00$2,185,675.00$2,111,493.00$2,212,440.00$2,400,815.00
Other types of revenue
Income from dividends, interest, and similar investments$270,357.00$187,727.00$144,177.00$123,713.00$113,494.00
Net rental income $0.00  $0.00
Expense categories (totals)
Total functional expenses: sum of all$2,031,692.00$1,916,231.00$1,893,529.00$2,042,175.00$2,163,236.00
Total functional expenses: program service $0.00$0.00$0.00$0.00$0.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$67,982,813.00$65,546,069.00$61,254,014.00$59,137,310.00$56,344,570.00
Total assets, beginning of year$65,546,069.00$61,254,014.00$59,137,310.00$56,344,570.00$54,011,873.00
Total liabilities$62,245,406.00$60,172,250.00$56,149,639.00$54,250,899.00$51,628,424.00
Total liabilities, beginning of year$60,172,250.00$56,149,639.00$54,250,899.00$51,628,424.00$49,533,306.00
Net assets$5,737,407.00$5,373,819.00$5,104,375.00$4,886,411.00$4,716,146.00
Net assets, beginning of year$5,373,819.00$5,104,375.00$4,886,411.00$4,716,146.00$4,478,567.00
Other liabilities$61,823,650.00$59,823,078.00$55,757,417.00$53,922,607.00$51,161,305.00
Other assets$733,486.00$696,274.00$652,391.00$627,844.00$629,530.00
Cash: non-interest bearing$587,785.00$575,070.00$559,830.00$576,453.00$632,093.00
Cash: non-interest bearing, beginning of year$575,070.00$559,830.00$576,453.00$632,093.00$515,682.00
Other financial variables
Revenue less expenses$363,588.00$269,444.00$217,964.00$170,265.00$237,579.00
Advertising (total)$47,930.00$39,198.00$44,985.00$46,718.00$38,596.00
Savings & temp cash investment$32,898,013.00$33,725,742.00$33,766,185.00$31,719,815.00$27,128,647.00
Accounts receivable, net$1,328.00$1,439.00$7,474.00$1,446.00$3,310.00
Prepaid expenses & deferred charges$249,014.00$284,376.00$328,017.00$313,198.00$313,034.00
Accounts payable & accrued expenses$421,756.00$349,172.00$392,222.00$328,292.00$467,119.00
Total net assets or fund balances$5,737,407.00$5,373,819.00$5,104,375.00$4,886,411.00$4,716,146.00
Depreciation, depletion, amortization$60,684.00$63,219.00$65,312.00$61,162.00$57,970.00
Governance and accountability
Number of voting members77777
Number of independent voting members77777
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-09-052016-08-312016-01-122014-09-182013-07-24
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.1
Filing identifier201741239349300114201611209349301261201522759349300107201411219349300416201321269349301342
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