SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2016
Open to Public
Inspection
Name of the organization
LOUISVILLE FEDERAL CREDIT UNION
 
Employer identification number

61-0264070
Return Reference Explanation
Client Note 1 Client Note 1 - CREDIT UNION RECEIVES FEES FOR OFFERING LIFE AND DISABILITY INSURANCE AND PARK TICKETS/ENTERTAINMENT BOOKS TO MEMBERS. CREDIT UNION SELLS THESE PRODUCTS VIA EMPLOYEES WHO OFFER THEM TO MEMBERS AND THEREFORE EXPERIENCES SALARY AND OFFICE EXPENSES DUE TO THIS ACTIVITY.
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Membership in the Louisville Federal Credit Union is limited to FEDERAL EMPLOYEES, FEDERAL RETIREES and their family members (ex. spouse, parents, siblings, children, grandchildren, etc).
Form 990, Part VI, Line 11b: Form 990 Review Process No review was or will be conducted.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts EACH DIRECTOR AND EMPLOYEE MUST SIGN A CONFLICT OF INTEREST POLICY ANNUALLY OUTLINING THE STANDARDS BY WHICH THE CREDIT UNION OPERATES.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees BOARD HAS COMMITTEE THAT MEETS ANNUALLY TO REVIEW PAY AND BONUS PACKAGES WHICH ARE THEN REVIEWED/MODIFIED/APPROVED BY THE OVERALL INDEPENDENT GOVERNING BODY.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available UPON REQUEST THE CREDIT UNION WILL DISCLOSE ANY DOCUMENTS, POLICIES OR FINANCIAL STATEMENTS AS REQUIRED TO THE PUBLIC.
Form 990, Part IX, Line 24e: Other Expenses ACH CHARGES: Column (A) - Total = $2048; Column (B) - Program Services = $2048; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses ALARM SERVICE: Column (A) - Total = $300; Column (B) - Program Services = $300; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses BANK ACCOUNT CHARGES/ATM: Column (A) - Total = $14361; Column (B) - Program Services = $14361; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses CASH OVER/SHORT: Column (A) - Total = $251; Column (B) - Program Services = $251; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses DISASTER RECOVERY CONTRACT: Column (A) - Total = $3720; Column (B) - Program Services = $3720; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses DR CARD INTERCHANGE FEES/COSTS: Column (A) - Total = $19153; Column (B) - Program Services = $19153; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses DUES AND SUBSCRIPTIONS: Column (A) - Total = $12741; Column (B) - Program Services = $12741; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses HARLAND CHECK EXPENSES: Column (A) - Total = $2162; Column (B) - Program Services = $2162; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses LOAN SERVICING & FORMS EXP: Column (A) - Total = $17352; Column (B) - Program Services = $17352; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $3251; Column (B) - Program Services = $3251; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses REPO & COLLECTION EXPENSES: Column (A) - Total = $5007; Column (B) - Program Services = $5007; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses SECURITY BOND: Column (A) - Total = $9861; Column (B) - Program Services = $9861; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses SECURITY/FIREWALL: Column (A) - Total = $1140; Column (B) - Program Services = $1140; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses STATEMENT & 1099 PROCESSING: Column (A) - Total = $18217; Column (B) - Program Services = $18217; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses STORAGE: Column (A) - Total = $417; Column (B) - Program Services = $417; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses TELEPHONE: Column (A) - Total = $7448; Column (B) - Program Services = $7448; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses TRAINING/PLANNING MEETING: Column (A) - Total = $3899; Column (B) - Program Services = $3899; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses WEBSITE/VAULT SOLUTIONS/DOMAIN: Column (A) - Total = $2790; Column (B) - Program Services = $2790; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2016


Additional Data


Software ID: 16000303
Software Version: 2016v3.0