Benton County Schools Credit Union

Address
PO Box 1012
Corvallis, OR 97339
Contact
Website: http://www.bcscu.org
Phone: +1 (541) 754-7765
Nonprofit
NTEE: W61 - Credit Unions
EIN: 93-0465079

Mission

State of Oregon Chartered Credit Union. Provide financial services to 2,226 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.
 20172016201520142013
Basic features of the organization
Year of formation1953
Subsection code14
PF filing required0    
Form of organization
Other form of orgTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$127,406.00$120,031.00$120,031.00$93,560.00$89,343.00
Sum of reportable (W2/1099) compensation$120,031.00$120,031.00$120,031.00$93,560.00$89,343.00
Number of employees999118
Number of people compensated >$100k11100
Number of volunteers14141314 
Number of highly compensated contractors00000
Personnel
Brauner, Harold
TitleDirectorSecretaryChairmanChairmanDirector
Name of key/compensated personHarold F BraunerHarold F BraunerHarold F BraunerHarold F BraunerHarold F Brauner
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
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
Average hours per week working for related orgs0.000.000.000.000.00
Dealy, Joseph
Title    Director
Name of key/compensated person    Joseph B Dealy
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
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
Average hours per week working for related orgs    0.00
Decoster, Kevin
TitleChairmanDirectorSecretarySecretary 
Name of key/compensated personKevin DeCosterKevin DeCosterKevin DeCosterKevin DeCoster 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
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 
Average hours per week working for related orgs0.000.000.000.00 
Dusek, Margaret
TitleSecretaryChairpersonDirectorDirectorSecretary
Name of key/compensated personMargaret S DusekMargaret S DusekMargaret S DusekMargaret S DusekMargaret S Dusek
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
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
Average hours per week working for related orgs0.000.000.000.000.00
Gallagher, Dorothy
TitleDirectorDirectorDirectorDirector 
Name of key/compensated personDorothy GallagherDorothy GallagherDorothy GallagherDorothy Gallagher 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
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 
Average hours per week working for related orgs0.000.000.000.00 
Halliday, Susan
Title    Chairperson
Name of key/compensated person    Susan M Halliday
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
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
Average hours per week working for related orgs    0.00
Tofte, Joe
TitleDirector, CEODirector, CEODirectorDirectorTreasurer
Name of key/compensated personJoe R TofteJoe R TofteJoe R TofteJoe R TofteJoe R Tofte
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org40.0040.0040.0040.0040.00
Reportable compensation from org$120,031.00$120,031.00$120,031.00$93,560.00$89,343.00
Other comp, non-reportable, from org and related orgs$7,375.00$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
Average hours per week working for related orgs0.000.000.000.000.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesState of Oregon Chartered Credit Union. Provide financial services to 2,226 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.State of Oregon Chartered Credit Union. Provide financial services to 2,241 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.State of Oregon Chartered Credit Union. Provide financial services to 2,243 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.State of Oregon Chartered Credit Union. Provide financial services to 2,266 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.State of Oregon Chartered Credit Union. Provide financial services to 2,384 members. These services include, but are limited to providing real estate and other secured/unsecured loans and various savings programs.
Program service expenses, total$1,308,836.00$1,279,792.00$1,202,218.00$1,119,456.00 
Programs, including revenue & expenses
Credit Union Programs: 2,266 members served with 4,905 savings accounts established with 119 certificates of deposit. Funded 1,145 loans to members.
Program expenses$1,308,836.00$1,279,792.00$1,202,218.00$1,119,456.00 
Program descriptionCredit Union Programs: 2,266 members served with 4,905 savings accounts established with 119 certificates of deposit. Funded 1,145 loans to members.Credit Union Programs: 2,241 members served with 4,773 savings accounts established and 143 certificates of deposit. Funded 1,119 loans to members.Credit Union Programs: 2,243 members served with 4,703 savings accounts established and 156 certificates of deposit. Funded 1,130 loans to members.Credit Union Programs: 2,266 members served with 4,670 savings accounts established and 191 certificates of deposit. Funded 1,110 loans to members.Credit Union Programs: 2,384 members served with 4,744 savings accounts established and 304 certificates of deposit. Funded 1,129 loans to members.
Financial data
Revenue
Total revenue$1,495,274.00$1,432,912.00$1,335,489.00$1,274,856.00$1,247,771.00
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$286,447.00$236,661.00$182,683.00$163,001.00$139,705.00
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)$1,208,827.00$1,196,251.00$1,152,806.00$1,111,855.00$1,108,066.00
Gross receipts$1,495,274.00$1,432,912.00$1,335,489.00$1,274,856.00$1,247,771.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00$0.00$0.00$0.00
Net revenue from gaming (total)$0.00$0.00$0.00$0.00$0.00
Income from dividends, interest, and similar investments$286,447.00$236,661.00$182,683.00$163,001.00$142,332.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00$0.00$0.00$0.00
Net inventory sales (total)$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$1,308,836.00$1,279,792.00$1,202,218.00$1,119,456.00$1,253,459.00
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
Lobbying fees (total)$0.00$0.00$0.00$0.00$0.00
Legal fees (total)$960.00$672.00$0.00$0.00$0.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$1,026.00$1,026.00$0.00$0.00$0.00
Assets and liabilities
Total assets$50,833,410.00$48,296,091.00$45,162,834.00$42,432,619.00$41,450,796.00
Total assets, beginning of year$48,296,091.00$45,162,834.00$42,432,619.00$41,450,796.00$39,340,146.00
Total liabilities$46,815,495.00$44,464,614.00$41,484,477.00$38,887,533.00$38,061,110.00
Total liabilities, beginning of year$44,464,614.00$41,484,477.00$38,887,533.00$38,061,110.00$35,944,772.00
Pledges & accounts receivable, net$0.00$0.00$0.00$0.00$0.00
Loans & receivables from key persons$987,244.00$1,092,878.00$1,242,035.00$969,380.00$1,281,031.00
Net assets$4,017,915.00$3,831,477.00$3,678,357.00$3,545,086.00$3,389,686.00
Net assets, beginning of year$3,831,477.00$3,678,357.00$3,545,086.00$3,389,686.00$3,395,374.00
Other liabilities$46,566,219.00$44,187,665.00$41,172,370.00$38,771,467.00$37,973,490.00
Intangible assets$0.00$0.00$0.00$0.00$0.00
Other assets$19,624,055.00$19,221,608.00$19,388,446.00$16,873,518.00$18,655,848.00
Investments: other securities$0.00$0.00$0.00$0.00$0.00
Investments: publicly traded securities$0.00$0.00$0.00$0.00$0.00
Cash: non-interest bearing$697,951.00$705,476.00$733,276.00$683,795.00$425,062.00
Cash: non-interest bearing, beginning of year$705,476.00$733,276.00$683,795.00$425,062.00$379,956.00
Investments -- program-related$0.00$0.00$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00$0.00$0.00
Other financial variables
Revenue less expenses$186,438.00$153,120.00$133,271.00$155,400.00-$5,688.00
Advertising (total)$30,261.00$0.00$0.00$0.00$0.00
Savings & temp cash investment$3,350,970.00$3,319,624.00$1,416,775.00$2,333,143.00$2,217,532.00
Accounts receivable, net$0.00$0.00$0.00$0.00$0.00
Prepaid expenses & deferred charges$172,971.00$0.00$0.00$0.00$0.00
Accounts payable & accrued expenses$249,276.00$276,949.00$312,107.00$116,066.00$87,620.00
Total net assets or fund balances$4,017,915.00$3,831,477.00$3,678,357.00$3,545,086.00$3,389,686.00
Depreciation, depletion, amortization$72,323.00$0.00$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00$0.00$0.00
Governance and accountability
Number of voting members55555
Number of independent voting members44444
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-09-062017-12-282016-10-132015-09-242015-02-03
IRS schema version2017v2.22016v3.02015v2.02014v5.02013v4.0
Filing identifier201821499349300277201703199349316645201641679349301424201502319349300025201530119349300153
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