SAGUACHE COUNTY CREDIT UNION

Address
601 REYNOLDS AVENUE PO BOX 337
MOFFAT, CO 81143
Contact
Phone: +1 (716) 256-4899
Nonprofit
NTEE: W61 - Credit Unions
EIN: 84-1333697

Mission

THE MISSION OF THE SAGUACHE COUNTY CREDIT UNION IS TO PROVIDE THE PEOPLE OF SAGUACHE COUNTY A CONVENIENTLY LOCATED, LOCALLY OWNED, AND DEMOCRATICALLY MANAGED FINANCIAL INSTITUTION DEDICATED TO SERVING THE FINANCIAL AND EDUCATIONAL NEEDS OF OUR MEMBERS AND THE COMMUNITY AND ECONOMIC DEVELOPMENT NEEDS OF THE COUNTY.
 20102009
Basic features of the organization
Year of formation1996
Subsection501(c)
Organization typeCorporation
Metropolitan statistical area0640
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$84,367.00 
Sum of reportable (W2/1099) compensation$75,651.00 
Number of employees12 
Number of people compensated >$100k0 
Number of volunteers13 
Personnel
Bunting, Ann
TitleVICE CHAIRPERSON 
Name of key/compensated personANN BUNTING 
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 
PositionIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Conrad, Pip
TitleCHAIRPERSON 
Name of key/compensated personPIP CONRAD 
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 
PositionIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Cyriacks, Lisa
TitleTREASURER 
Name of key/compensated personLISA CYRIACKS 
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 
PositionIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Englert, Thad
TitleDIRECTOR 
Name of key/compensated personTHAD ENGLERT 
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 
PositionIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Geddes, Kathy
TitleSECRETARY 
Name of key/compensated personKATHY GEDDES 
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 
PositionIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Laurie, Richard
TitleDIRECTOR 
Name of key/compensated personRICHARD LAURIE 
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 
PositionIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Norris, Jeannie
TitleDIRECTOR 
Name of key/compensated personJEANNIE NORRIS 
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 
PositionIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Wertz, Richard
TitleCEO 
Name of key/compensated personRICHARD WERTZ 
Average hours per week working for org40.00 
Reportable compensation from org$75,651.00 
Other comp, non-reportable, from org and related orgs$9,405.00 
PositionOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHE MISSION OF THE SAGUACHE COUNTY CREDIT UNION IS TO PROVIDE THE PEOPLE OF SAGUACHE COUNTY A CONVENIENTLY LOCATED, LOCALLY OWNED, AND DEMOCRATICALLY MANAGED FINANCIAL INSTITUTION DEDICATED TO SERVING THE FINANCIAL AND EDUCATIONAL NEEDS OF OUR MEMBERS AND THE COMMUNITY AND ECONOMIC DEVELOPMENT NEEDS OF THE COUNTY. 
Programs, including revenue & expenses
DEPOSITORY SERVICES - SCCU OFFERS A COMPLETE SELECTION OF DEPOSITORY SERVICES INCLUDING SAVINGS, CHECKING, MONEY MARKET, HEALTH SAVINGS, IRS, AND CERTIFICATE OF DEPOSIT ACCOUNTS. DEBIT/ATM CARDS, HOMEBANKING, AND BILL PAY SERVICES ARE ALSO OFFERED.
Program descriptionDEPOSITORY SERVICES - SCCU OFFERS A COMPLETE SELECTION OF DEPOSITORY SERVICES INCLUDING SAVINGS, CHECKING, MONEY MARKET, HEALTH SAVINGS, IRS, AND CERTIFICATE OF DEPOSIT ACCOUNTS. DEBIT/ATM CARDS, HOMEBANKING, AND BILL PAY SERVICES ARE ALSO OFFERED. 
FINANCIAL EDUCATION SERVICES - SCCU PROVIDES FINANCIAL EDUCATION SERVICES TO MEMBERS INCLUDING BUSINESS EDUCATION, SCHOOL FINANCIAL EDUCATION, AND REGULAR EDUCATIONAL NEWSLETTERS AND NEWSPAPER ARTICLES.
Program descriptionFINANCIAL EDUCATION SERVICES - SCCU PROVIDES FINANCIAL EDUCATION SERVICES TO MEMBERS INCLUDING BUSINESS EDUCATION, SCHOOL FINANCIAL EDUCATION, AND REGULAR EDUCATIONAL NEWSLETTERS AND NEWSPAPER ARTICLES. 
LOAN SERVICES - SCCU OFFERS A LARGE LINE OF LOAN SERVICES INCLUDING CONSUMER, MORTGAGE, HELOC, CONSTRUCTION, AND UNSECURED LOANS.
Program descriptionLOAN SERVICES - SCCU OFFERS A LARGE LINE OF LOAN SERVICES INCLUDING CONSUMER, MORTGAGE, HELOC, CONSTRUCTION, AND UNSECURED LOANS. 
Financial data
Expense categories (totals)
Sum (total functional expenses)$1,298,274.00 
Revenue
Total revenue$1,124,470.00 
Program service revenue (total)$1,552,604.00$1,747,230.00
Revenue from contributions (total)$0.00$0.00
Investment income-$440,168.00 
Total unrelated business revenue$10,107.00 
Other revenue, current yr$12,034.00 
Net unrelated business taxable revenue$0.00 
Total revenue from grants, etc., current yr$0.00 
Gross receipts$1,565,183.00 
Other types of revenue
Income from dividends, interest, and similar investments$545.00 
Net rental income$12,034.00$8,778.00
Fees for services
Legal fees (total)$45.00 
Fundraising service fees (total)$0.00 
Assets and liabilities
Total assets$18,653,197.00$20,430,605.00
Total assets, beginning of year$20,430,605.00 
Total liabilities$18,060,839.00$19,564,443.00
Total liabilities, beginning of year$19,564,443.00 
Net assets$592,358.00 
Net assets, beginning of year$866,162.00 
Other liabilities$17,817,390.00 
Other assets$667,683.00 
Cash: non-interest bearing$903,097.00 
Cash: non-interest bearing, beginning of year$948,542.00 
Other financial variables
Revenue less expenses-$173,804.00 
Advertising (total)$5,983.00 
Savings & temp cash investment$118,008.00 
Accounts receivable, net$35,141.00 
Prepaid expenses & deferred charges$31,838.00 
Accounts payable & accrued expenses$243,449.00 
Total net assets or fund balances$592,358.00 
Depreciation, depletion, amortization$55,423.00 
Governance and accountability
Number of voting members7 
Number of independent voting members7 
Tax year start date2010-01-01 
Tax year end date2010-12-31 
Accounting methodAccrual 
Metadata about the filing
E-return type990 
Date e-filing submitted2011-11-17 
IRS schema version2010v3.4 
Filing identifier201102989349300900 
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