Return Reference | Explanation |
---|---|
Form 990, Part VI, Section A, Line 6 | As a financial cooperative, the credit union has member owners. |
Form 990, Part VI, Section A, Line 7a | The member owners elect the 9 member Board of Directors. |
Form 990, Part VI, Section A, Line 7b | Some decisions made by the Board of Directors must be approved by the membership. |
Form 990, Part VI, Section B, Line 11b | The report is shared with the Board of Directors when filed. |
Form 990, Part VI, Section B, Line 15 | Compensation for the CEO is developed by the Compensation Committee of the Board of Directors with guidance from an independent consultant with input from an annual salary review. Compensation for other officers is developed by the CEO or other overseeing officer with input from an annual salary review. |
Form 990, Part VI, Section C, Line 19 | Financial statements are made available on our website and upon request at any of our branch locations. |
Form 990, Part XI, Line 9 | Change to equity was due to adjustment to other comprehensive income for post retirement health benefits. |
Software ID: | 16000425 |
Software Version: | v1.00 |