{"success":true,"data":{"_id":952474638,"filings":[{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","primary_activities":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","year":2010,"name":"TELESIS COMMUNITY CREDIT UNION","phone":"8188851226","website":"www.telesiscu.com","type":"990","principal_officer":"Grace Mayo","year_formation":1965,"state_legal_domicile":"CA","total_volunteers":5,"tax_period_begin":"2010-01-01T00:00:00","tax_period_end":"2010-12-31T00:00:00","address":"9301 Winnetka Ave, Chatsworth, CA, 91311, USA","city":"Chatsworth","state":"CA","country":"USA","zip_code":"91311"},"Governance":{"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":111,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":111,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":false,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":false,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Financial statements audited by independent accountant":true,"Audit committee":true,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":true,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":24622743,"Contributions":{"value":0},"Program revenue":{"value":22966770,"Total revenue":{"value":21603786,"VARIOUS":21603786},"Total other revenue":1362984,"Unrelated business revenue":0},"Investment income":{"value":902111,"Investment income total":962806,"Net investment gain":-60695,"Income from invest bond proceeds":0},"Other revenues":{"value":753862,"Other total":0,"Royalties revenue":0,"Net rental income":753862,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0}},"Expenses":{"value":35830628,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":6140041,"Current officers":1140040,"Disqualified persons":0,"Other salaries and wages":3882312,"Pension plan contributions":-11592,"Other employee benefits":697319,"Payroll taxes":431962},"Other expenses":{"value":29690587,"Management services":18500,"Legal":505323,"Accounting":53285,"Lobbying services":0,"Investment management fees":0,"Other services":267099,"Advertising":265488,"Office expenses":1660497,"Information technology":567706,"Royalties":0,"Occupancy":1033838,"Travel":12823,"Conferences and meetings":0,"Interest":3039502,"Payments to affiliates":0,"Depreciation and depletion":915070,"Insurance":1030617,"Travel entertainment public officials":0,"Itemized Expenses":{"value":20824259,"VARIOUS":20824259},"All other expenses":-503420}},"Assets":{"value":400696010,"Non-interest bearing cash":3173427,"Savings and temp cash investments":50796233,"Pledges and grants receivable":0,"Accounts receivable":1922323,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":290573590,"Inventories for sale or use":0,"Prepaid expenses deferred charges":442383,"Land, building, equipment":18576739,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":35211315},"Liabilities":{"value":378597011,"Accounts payable, accrued":1542428,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":43250000,"Unsecured notes loans payable":0,"Other liabilities":333804583},"Fund balance":{"value":22098999},"Form990Details":{"program_service_accomplishments":[{"description":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","expense":0,"grants":0,"revenue":0}],"program_service_revenue_detail":[{"business_code":"522130","description":"Interest on Loans Income","total_revenue":20659605,"related_or_exempt_function_income":20659605,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Fees and Charges","total_revenue":944181,"related_or_exempt_function_income":944181,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":0,"management_and_general":1140040,"fundraising":0,"total":1140040},"disqualified_persons":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_salaries_and_wages":{"management_and_general":3882312,"fundraising":0,"total":3882312},"pension_plan_contributions":{"program_services":0,"management_and_general":-11592,"fundraising":0,"total":-11592},"other_employee_benefits":{"program_services":0,"management_and_general":697319,"fundraising":0,"total":697319},"payroll_taxes":{"program_services":0,"management_and_general":431962,"fundraising":0,"total":431962},"management_fees":{"program_services":0,"management_and_general":18500,"fundraising":0,"total":18500},"legal_fees":{"program_services":0,"management_and_general":505323,"fundraising":0,"total":505323},"accounting_fees":{"program_services":0,"management_and_general":53285,"fundraising":0,"total":53285},"lobbying_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"professional_fundraising_fees":{"fundraising":0,"total":0},"investment_management_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_service_fees":{"program_services":0,"management_and_general":267099,"fundraising":0,"total":267099},"advertising":{"program_services":0,"management_and_general":265488,"fundraising":0,"total":265488},"office_expenses":{"program_services":0,"management_and_general":1660497,"fundraising":0,"total":1660497},"information_technology":{"program_services":0,"management_and_general":567706,"fundraising":0,"total":567706},"royalties":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"occupancy":{"program_services":0,"management_and_general":1033838,"fundraising":0,"total":1033838},"travel":{"program_services":0,"management_and_general":12823,"fundraising":0,"total":12823},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"interest":{"program_services":0,"management_and_general":3039502,"fundraising":0,"total":3039502},"payments_to_affiliates":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"depreciation_depletion":{"program_services":0,"management_and_general":915070,"fundraising":0,"total":915070},"insurance":{"program_services":0,"management_and_general":1030617,"total":1030617},"all_other_expenses":{"program_services":0,"management_and_general":-503420,"fundraising":0,"total":-503420}},"fundraising_and_gaming_summary":{"gross_income_fundraising_events":0,"fundraising_direct_expenses":0,"gross_income_gaming":0},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"employment_tax_returns_filed":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"Grace Mayo","address_line1":"9301 Winnetka Avenue","city":"Chatsworth","state":"CA","zip":"91311"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"audited_financial_statement_consolidated":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":true,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_are_in_care_of":{"phone":"8188851226","business_name_line1":"Telesis Community Credit Union","address_line1":"9301 Winnetka Ave","city":"Chatsworth","state":"CA","zip":"91311"},"officers_directors_key_employees":[{"title":"Chairperson","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Vice Chairperson","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Treasurer","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Secretary","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Director","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"President / CEO","average_hours_per_week":40.0,"reportable_comp_from_org":2163274,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true,"key_employee":true,"officer":true},{"title":"Executive Vice President","average_hours_per_week":40.0,"reportable_comp_from_org":853067,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true,"key_employee":true},{"title":"Chief Administrative Officer","average_hours_per_week":40.0,"reportable_comp_from_org":121343,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true},{"title":"Chief Financial Officer","average_hours_per_week":40.0,"reportable_comp_from_org":117978,"reportable_comp_from_related_orgs":0,"other_compensation":11942,"highest_compensated_employee":true},{"title":"Vice President, Marketing & E-Commerce","average_hours_per_week":40.0,"reportable_comp_from_org":120460,"reportable_comp_from_related_orgs":0,"other_compensation":11942,"highest_compensated_employee":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"escrow_accounts":{"agent_trustee_etc":false,"included_on_financial_statements":false},"land_buildings_equipment":{"land":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":1943574,"book_value":1943574},"buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":17574977,"book_value":15501671,"depreciation":2073306},"leasehold_improvements":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":874991,"book_value":231439,"depreciation":643552},"equipment":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":8208407,"book_value":900055,"depreciation":7308352},"other_land_buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":0,"book_value":0,"depreciation":0},"total_book_value":18576739},"other_assets":{"assets":[{"description":"Investment in CUSOs","book_value":9658759},{"description":"Accrued Interest","book_value":1635000},{"description":"Accrued Income","book_value":14871},{"description":"REO Properties","book_value":1721956},{"description":"Deposits","book_value":2649637},{"description":"457f Plan Investment","book_value":5429069},{"description":"Servicing Assets","book_value":8389775},{"description":"Other","book_value":5712248}],"total_book_value":35211315},"other_liabilities":{"federal_income_tax_liability":0,"liabilities":[{"description":"Total Shares","amount":333740098},{"description":"Other","amount":64485}],"total_liability":333804583},"net_assets_reconciliation":{"total_revenue":24622743,"total_expenses":35830628,"excess_or_deficit_for_year":-11207885,"net_unrealized_gains_losses_on_investments":0,"donated_services_and_facilities":0,"investment_expenses":0,"prior_period_adjustments":0,"other_amount":0,"total_adjustments":0,"excess_or_deficit_per_financial_statements":-11207885},"revenue_reconciliation":{"total_revenue_audited_financial_statements":37916406,"net_unrealized_gains_investments":0,"donated_services_and_use_facilities":0,"recoveries_prior_year_grants":0,"other_revenue":13293663,"revenue_not_reported":13293663,"revenue_subtotal":24622743,"investment_expenses_not_included":0,"other_revenues_not_included":0,"revenue_not_reported_financial_statement":0,"total_revenue_per_990":24622743},"expense_reconciliation":{"total_expenses_audited_financial_statements":48335208,"donated_services_use_facilities":0,"prior_year_adjustments":0,"losses_reported":0,"other_expenses_included":12504580,"expenses_not_reported":12504580,"expenses_subtotal":35830628,"investment_expenses_not_included":0,"other_expenses_not_included":0,"expenses_not_reported_financial_statement":0,"total_expenses_per_990":35830628},"supplemental_information":[{"identifier":"SchD_P10_S00_L02","form_and_line_reference":"Schedule D, Part X, Line 2","explanation":"The Credit Union adopted this standard on January 1, 2009. As a result of the implementation of this standard, the credit union did not recognize any liability for unrecognized benefits."},{"identifier":"SchD_P12_S00_L02d","form_and_line_reference":"Schedule D, Part XII, Line 2d","explanation":"Schedule D, Part XII, Line 2d - Revenue from our CUSOs were $13,293,663. Audited financials statements are consolidated."},{"identifier":"SchD_P13_S00_L02d","form_and_line_reference":"Schedule D, Part XIII, Line 2d","explanation":"Schedule D, Part XIII, Line 2d - Expenses of our CUSOs totalled 12,504,580. Audited financial statements are consolidated."}]},"ScheduleI":{"reported_domestic_org_grants":0,"reported_domestic_individual_grants":0,"reported_domestic_org_grants_program_services":0,"reported_domestic_individual_grants_program_services":0,"total_domestic_grants":0,"total_domestic_program_services":0},"ScheduleF":{"reported_foreign_grants":0,"reported_foreign_grants_program_services":0},"ScheduleJ":{"benefits_and_procedures":{"tax_indemnification_and_gross_up_payments":true,"substantiation_required":true,"written_policy_travel_and_entertainment":false},"compensation_process":{"board_or_committee_approval":true},"compensation_arrangements":{"severance_payment":false,"supplemental_nonqualified_retirement_plan":false,"equity_based_compensation_arrangement":false},"compensation":[{"person_name":"Grace Mayo","base_compensation_filing_org":360934,"bonus_filing_org":0,"bonus_related_orgs":0,"compensation_based_on_related_orgs":0,"comp_report_prior_990_filing_org":0,"comp_report_prior_990_related_orgs":0,"deferred_compensation_filing_org":0,"deferred_compensation_related_orgs":0,"nontaxable_benefits_filing_org":11850,"nontaxable_benefits_related_orgs":0,"other_compensation_filing_org":1802340,"other_compensation_related_orgs":0,"total_compensation_filing_org":2175124,"total_compensation_related_orgs":0,"name":"Grace Mayo"},{"person_name":"Jean Faenza","base_compensation_filing_org":253456,"bonus_filing_org":0,"bonus_related_orgs":0,"compensation_based_on_related_orgs":0,"comp_report_prior_990_filing_org":0,"comp_report_prior_990_related_orgs":0,"deferred_compensation_filing_org":0,"deferred_compensation_related_orgs":0,"nontaxable_benefits_filing_org":5869,"nontaxable_benefits_related_orgs":0,"other_compensation_filing_org":599611,"other_compensation_related_orgs":0,"total_compensation_filing_org":858936,"total_compensation_related_orgs":0,"name":"Jean Faenza"}],"supplemental_information":[{"identifier":"SchJ_P01_S00_L01a","form_and_line_reference":"Schedule J, Part I, Line 1a","explanation":"We do not have a written policy for grossing up imputed income for life insurance benefits. We have consistently grossed up imputed income reimbursements for employees with deferred compensation plans. This was approved by the Board of Directors."},{"identifier":"SchJ_P01_S00_L01b","form_and_line_reference":"Schedule J, Part I, Line 1b","explanation":"We do not have a written policy for grossing up imputed income for life insurance benefits, but this was Board approved."},{"identifier":"SchJ_P01_S00_L03","form_and_line_reference":"Schedule J, Part I, Line 3","explanation":"Compensation of the CEO is approved by the Board of Directors."}]},"ScheduleL":{"loans_summary":{"total_balance_due":12569},"loans_between_organization_and_interested_persons":[{"person_name":"Thomas Daniels","purpose":"Used Auto","original_principal":23545,"balance_due":8931,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Thomas Daniels"},{"person_name":"Carol Lee Trent","purpose":"Line of credit","original_principal":3500,"balance_due":531,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Carol Lee Trent"},{"person_name":"Leslie Gilreath","purpose":"Line of credit","original_principal":3500,"balance_due":3107,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Leslie Gilreath"}]},"ScheduleR":{"tax_exempt_organizations":[{"ein":200691305,"business_name_line1":"Telesis Community Non Profit Trust","primary_activities":"Scholarships, Financial Education","exempt_code_section":"501(c)(3)","public_charity_status":"170(b)(1)(A)(vi)","legal_domicile_state":"CA","direct_controlling_business_name_line1":"Not applicable","address_line1":"9301 Winnetka Avenue","city":"Chatsworth","state":"CA","zip":"91311","name":"Telesis Community Non Profit Trust","address":"9301 Winnetka Avenue, Chatsworth, CA, 91311"}],"taxable_corporations_and_trusts":[{"ein":952870336,"business_name_line1":"Autoland","primary_activity":"Auto sales","ownership_percentage":0.9464,"legal_domicile_state":"CA","address_line1":"20131 Prairie Street","address_line2":"Suite A","city":"Chatsworth","state":"CA","zip":"91311","type_of_entity":"C","name":"Autoland","address":"20131 Prairie Street, Suite A, Chatsworth, CA, 91311"},{"ein":450504717,"business_name_line1":"Business Partners LLC","primary_activity":"Business Lending","ownership_percentage":0.639,"legal_domicile_state":"CA","address_line1":"20131 Prairie Street","city":"Chatsworth","state":"CA","zip":"91311","type_of_entity":"C","name":"Business Partners LLC","address":"20131 Prairie Street, Chatsworth, CA, 91311"}],"transaction_flags":{"gift_grant_or_capital_contribution_from_other_org":false,"gift_grant_or_capital_contribution_to_other_org":false,"loans_or_guarantees_from_other_org":false,"loans_or_guarantees_to_other_org":false,"performance_of_services_by_other_orgs":false,"performance_of_services_for_other_orgs":false,"sharing_of_facilities":true,"sharing_of_paid_employees":true,"reimbursement_paid_by_other_org":true,"reimbursement_paid_to_other_org":true,"rental_of_facilities_from_other_orgs":false,"rental_of_facilities_to_other_orgs":true,"purchase_of_assets_from_other_org":false,"sale_of_assets_to_other_org":false,"exchange_of_assets":false,"receipt_of_interest_annuities_rents_royalties":true,"other_transfer_from_other_org":false,"other_transfer_to_other_org":false},"transactions":[{"business_name_line1":"Business Partners LLC","amount_involved":912272,"transaction_type":"o","name":"Business Partners LLC"},{"business_name_line1":"Business Partners LLC","amount_involved":516006,"transaction_type":"p","name":"Business Partners LLC"},{"business_name_line1":"Autoland","amount_involved":150183,"transaction_type":"p","name":"Autoland"}]},"source_xml":"201102289349301250_public.xml"}],"Latest":{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","primary_activities":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","year":2010,"name":"TELESIS COMMUNITY CREDIT UNION","phone":"8188851226","website":"www.telesiscu.com","type":"990","principal_officer":"Grace Mayo","year_formation":1965,"state_legal_domicile":"CA","total_volunteers":5,"tax_period_begin":"2010-01-01T00:00:00","tax_period_end":"2010-12-31T00:00:00","address":"9301 Winnetka Ave, Chatsworth, CA, 91311, USA","city":"Chatsworth","state":"CA","country":"USA","zip_code":"91311"},"Governance":{"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":111,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":111,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":false,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":false,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Financial statements audited by independent accountant":true,"Audit committee":true,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":true,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":24622743,"Contributions":{"value":0},"Program revenue":{"value":22966770,"Total revenue":{"value":21603786,"VARIOUS":21603786},"Total other revenue":1362984,"Unrelated business revenue":0},"Investment income":{"value":902111,"Investment income total":962806,"Net investment gain":-60695,"Income from invest bond proceeds":0},"Other revenues":{"value":753862,"Other total":0,"Royalties revenue":0,"Net rental income":753862,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0}},"Expenses":{"value":35830628,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":6140041,"Current officers":1140040,"Disqualified persons":0,"Other salaries and wages":3882312,"Pension plan contributions":-11592,"Other employee benefits":697319,"Payroll taxes":431962},"Other expenses":{"value":29690587,"Management services":18500,"Legal":505323,"Accounting":53285,"Lobbying services":0,"Investment management fees":0,"Other services":267099,"Advertising":265488,"Office expenses":1660497,"Information technology":567706,"Royalties":0,"Occupancy":1033838,"Travel":12823,"Conferences and meetings":0,"Interest":3039502,"Payments to affiliates":0,"Depreciation and depletion":915070,"Insurance":1030617,"Travel entertainment public officials":0,"Itemized Expenses":{"value":20824259,"VARIOUS":20824259},"All other expenses":-503420}},"Assets":{"value":400696010,"Non-interest bearing cash":3173427,"Savings and temp cash investments":50796233,"Pledges and grants receivable":0,"Accounts receivable":1922323,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":290573590,"Inventories for sale or use":0,"Prepaid expenses deferred charges":442383,"Land, building, equipment":18576739,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":35211315},"Liabilities":{"value":378597011,"Accounts payable, accrued":1542428,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":43250000,"Unsecured notes loans payable":0,"Other liabilities":333804583},"Fund balance":{"value":22098999},"Form990Details":{"program_service_accomplishments":[{"description":"Deliver quality personal services efficiently to the members/owners of Telesis Community Credit Union. Exceed member expectations and become the primary service provider through continued growth of existing and future financial services.","expense":0,"grants":0,"revenue":0}],"program_service_revenue_detail":[{"business_code":"522130","description":"Interest on Loans Income","total_revenue":20659605,"related_or_exempt_function_income":20659605,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"522130","description":"Fees and Charges","total_revenue":944181,"related_or_exempt_function_income":944181,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":0,"management_and_general":1140040,"fundraising":0,"total":1140040},"disqualified_persons":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_salaries_and_wages":{"management_and_general":3882312,"fundraising":0,"total":3882312},"pension_plan_contributions":{"program_services":0,"management_and_general":-11592,"fundraising":0,"total":-11592},"other_employee_benefits":{"program_services":0,"management_and_general":697319,"fundraising":0,"total":697319},"payroll_taxes":{"program_services":0,"management_and_general":431962,"fundraising":0,"total":431962},"management_fees":{"program_services":0,"management_and_general":18500,"fundraising":0,"total":18500},"legal_fees":{"program_services":0,"management_and_general":505323,"fundraising":0,"total":505323},"accounting_fees":{"program_services":0,"management_and_general":53285,"fundraising":0,"total":53285},"lobbying_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"professional_fundraising_fees":{"fundraising":0,"total":0},"investment_management_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"other_service_fees":{"program_services":0,"management_and_general":267099,"fundraising":0,"total":267099},"advertising":{"program_services":0,"management_and_general":265488,"fundraising":0,"total":265488},"office_expenses":{"program_services":0,"management_and_general":1660497,"fundraising":0,"total":1660497},"information_technology":{"program_services":0,"management_and_general":567706,"fundraising":0,"total":567706},"royalties":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"occupancy":{"program_services":0,"management_and_general":1033838,"fundraising":0,"total":1033838},"travel":{"program_services":0,"management_and_general":12823,"fundraising":0,"total":12823},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"interest":{"program_services":0,"management_and_general":3039502,"fundraising":0,"total":3039502},"payments_to_affiliates":{"program_services":0,"management_and_general":0,"fundraising":0,"total":0},"depreciation_depletion":{"program_services":0,"management_and_general":915070,"fundraising":0,"total":915070},"insurance":{"program_services":0,"management_and_general":1030617,"total":1030617},"all_other_expenses":{"program_services":0,"management_and_general":-503420,"fundraising":0,"total":-503420}},"fundraising_and_gaming_summary":{"gross_income_fundraising_events":0,"fundraising_direct_expenses":0,"gross_income_gaming":0},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"employment_tax_returns_filed":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"Grace Mayo","address_line1":"9301 Winnetka Avenue","city":"Chatsworth","state":"CA","zip":"91311"},"audit_financial_statement_detail":{"accountant_compile_or_review":true,"audited_financial_statement_consolidated":true,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":true,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_are_in_care_of":{"phone":"8188851226","business_name_line1":"Telesis Community Credit Union","address_line1":"9301 Winnetka Ave","city":"Chatsworth","state":"CA","zip":"91311"},"officers_directors_key_employees":[{"title":"Chairperson","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Vice Chairperson","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Treasurer","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Secretary","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"Director","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"President / CEO","average_hours_per_week":40.0,"reportable_comp_from_org":2163274,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true,"key_employee":true,"officer":true},{"title":"Executive Vice President","average_hours_per_week":40.0,"reportable_comp_from_org":853067,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true,"key_employee":true},{"title":"Chief Administrative Officer","average_hours_per_week":40.0,"reportable_comp_from_org":121343,"reportable_comp_from_related_orgs":0,"other_compensation":0,"highest_compensated_employee":true},{"title":"Chief Financial Officer","average_hours_per_week":40.0,"reportable_comp_from_org":117978,"reportable_comp_from_related_orgs":0,"other_compensation":11942,"highest_compensated_employee":true},{"title":"Vice President, Marketing & E-Commerce","average_hours_per_week":40.0,"reportable_comp_from_org":120460,"reportable_comp_from_related_orgs":0,"other_compensation":11942,"highest_compensated_employee":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"escrow_accounts":{"agent_trustee_etc":false,"included_on_financial_statements":false},"land_buildings_equipment":{"land":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":1943574,"book_value":1943574},"buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":17574977,"book_value":15501671,"depreciation":2073306},"leasehold_improvements":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":874991,"book_value":231439,"depreciation":643552},"equipment":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":8208407,"book_value":900055,"depreciation":7308352},"other_land_buildings":{"investment_cost_or_other_basis":0,"other_cost_or_other_basis":0,"book_value":0,"depreciation":0},"total_book_value":18576739},"other_assets":{"assets":[{"description":"Investment in CUSOs","book_value":9658759},{"description":"Accrued Interest","book_value":1635000},{"description":"Accrued Income","book_value":14871},{"description":"REO Properties","book_value":1721956},{"description":"Deposits","book_value":2649637},{"description":"457f Plan Investment","book_value":5429069},{"description":"Servicing Assets","book_value":8389775},{"description":"Other","book_value":5712248}],"total_book_value":35211315},"other_liabilities":{"federal_income_tax_liability":0,"liabilities":[{"description":"Total Shares","amount":333740098},{"description":"Other","amount":64485}],"total_liability":333804583},"net_assets_reconciliation":{"total_revenue":24622743,"total_expenses":35830628,"excess_or_deficit_for_year":-11207885,"net_unrealized_gains_losses_on_investments":0,"donated_services_and_facilities":0,"investment_expenses":0,"prior_period_adjustments":0,"other_amount":0,"total_adjustments":0,"excess_or_deficit_per_financial_statements":-11207885},"revenue_reconciliation":{"total_revenue_audited_financial_statements":37916406,"net_unrealized_gains_investments":0,"donated_services_and_use_facilities":0,"recoveries_prior_year_grants":0,"other_revenue":13293663,"revenue_not_reported":13293663,"revenue_subtotal":24622743,"investment_expenses_not_included":0,"other_revenues_not_included":0,"revenue_not_reported_financial_statement":0,"total_revenue_per_990":24622743},"expense_reconciliation":{"total_expenses_audited_financial_statements":48335208,"donated_services_use_facilities":0,"prior_year_adjustments":0,"losses_reported":0,"other_expenses_included":12504580,"expenses_not_reported":12504580,"expenses_subtotal":35830628,"investment_expenses_not_included":0,"other_expenses_not_included":0,"expenses_not_reported_financial_statement":0,"total_expenses_per_990":35830628},"supplemental_information":[{"identifier":"SchD_P10_S00_L02","form_and_line_reference":"Schedule D, Part X, Line 2","explanation":"The Credit Union adopted this standard on January 1, 2009. As a result of the implementation of this standard, the credit union did not recognize any liability for unrecognized benefits."},{"identifier":"SchD_P12_S00_L02d","form_and_line_reference":"Schedule D, Part XII, Line 2d","explanation":"Schedule D, Part XII, Line 2d - Revenue from our CUSOs were $13,293,663. Audited financials statements are consolidated."},{"identifier":"SchD_P13_S00_L02d","form_and_line_reference":"Schedule D, Part XIII, Line 2d","explanation":"Schedule D, Part XIII, Line 2d - Expenses of our CUSOs totalled 12,504,580. Audited financial statements are consolidated."}]},"ScheduleI":{"reported_domestic_org_grants":0,"reported_domestic_individual_grants":0,"reported_domestic_org_grants_program_services":0,"reported_domestic_individual_grants_program_services":0,"total_domestic_grants":0,"total_domestic_program_services":0},"ScheduleF":{"reported_foreign_grants":0,"reported_foreign_grants_program_services":0},"ScheduleJ":{"benefits_and_procedures":{"tax_indemnification_and_gross_up_payments":true,"substantiation_required":true,"written_policy_travel_and_entertainment":false},"compensation_process":{"board_or_committee_approval":true},"compensation_arrangements":{"severance_payment":false,"supplemental_nonqualified_retirement_plan":false,"equity_based_compensation_arrangement":false},"compensation":[{"person_name":"Grace Mayo","base_compensation_filing_org":360934,"bonus_filing_org":0,"bonus_related_orgs":0,"compensation_based_on_related_orgs":0,"comp_report_prior_990_filing_org":0,"comp_report_prior_990_related_orgs":0,"deferred_compensation_filing_org":0,"deferred_compensation_related_orgs":0,"nontaxable_benefits_filing_org":11850,"nontaxable_benefits_related_orgs":0,"other_compensation_filing_org":1802340,"other_compensation_related_orgs":0,"total_compensation_filing_org":2175124,"total_compensation_related_orgs":0,"name":"Grace Mayo"},{"person_name":"Jean Faenza","base_compensation_filing_org":253456,"bonus_filing_org":0,"bonus_related_orgs":0,"compensation_based_on_related_orgs":0,"comp_report_prior_990_filing_org":0,"comp_report_prior_990_related_orgs":0,"deferred_compensation_filing_org":0,"deferred_compensation_related_orgs":0,"nontaxable_benefits_filing_org":5869,"nontaxable_benefits_related_orgs":0,"other_compensation_filing_org":599611,"other_compensation_related_orgs":0,"total_compensation_filing_org":858936,"total_compensation_related_orgs":0,"name":"Jean Faenza"}],"supplemental_information":[{"identifier":"SchJ_P01_S00_L01a","form_and_line_reference":"Schedule J, Part I, Line 1a","explanation":"We do not have a written policy for grossing up imputed income for life insurance benefits. We have consistently grossed up imputed income reimbursements for employees with deferred compensation plans. This was approved by the Board of Directors."},{"identifier":"SchJ_P01_S00_L01b","form_and_line_reference":"Schedule J, Part I, Line 1b","explanation":"We do not have a written policy for grossing up imputed income for life insurance benefits, but this was Board approved."},{"identifier":"SchJ_P01_S00_L03","form_and_line_reference":"Schedule J, Part I, Line 3","explanation":"Compensation of the CEO is approved by the Board of Directors."}]},"ScheduleL":{"loans_summary":{"total_balance_due":12569},"loans_between_organization_and_interested_persons":[{"person_name":"Thomas Daniels","purpose":"Used Auto","original_principal":23545,"balance_due":8931,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Thomas Daniels"},{"person_name":"Carol Lee Trent","purpose":"Line of credit","original_principal":3500,"balance_due":531,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Carol Lee Trent"},{"person_name":"Leslie Gilreath","purpose":"Line of credit","original_principal":3500,"balance_due":3107,"loan_from_organization":true,"default":false,"approved_by_board":true,"written_agreement":true,"name":"Leslie Gilreath"}]},"ScheduleR":{"tax_exempt_organizations":[{"ein":200691305,"business_name_line1":"Telesis Community Non Profit Trust","primary_activities":"Scholarships, Financial Education","exempt_code_section":"501(c)(3)","public_charity_status":"170(b)(1)(A)(vi)","legal_domicile_state":"CA","direct_controlling_business_name_line1":"Not applicable","address_line1":"9301 Winnetka Avenue","city":"Chatsworth","state":"CA","zip":"91311","name":"Telesis Community Non Profit Trust","address":"9301 Winnetka Avenue, Chatsworth, CA, 91311"}],"taxable_corporations_and_trusts":[{"ein":952870336,"business_name_line1":"Autoland","primary_activity":"Auto sales","ownership_percentage":0.9464,"legal_domicile_state":"CA","address_line1":"20131 Prairie Street","address_line2":"Suite A","city":"Chatsworth","state":"CA","zip":"91311","type_of_entity":"C","name":"Autoland","address":"20131 Prairie Street, Suite A, Chatsworth, CA, 91311"},{"ein":450504717,"business_name_line1":"Business Partners LLC","primary_activity":"Business Lending","ownership_percentage":0.639,"legal_domicile_state":"CA","address_line1":"20131 Prairie Street","city":"Chatsworth","state":"CA","zip":"91311","type_of_entity":"C","name":"Business Partners LLC","address":"20131 Prairie Street, Chatsworth, CA, 91311"}],"transaction_flags":{"gift_grant_or_capital_contribution_from_other_org":false,"gift_grant_or_capital_contribution_to_other_org":false,"loans_or_guarantees_from_other_org":false,"loans_or_guarantees_to_other_org":false,"performance_of_services_by_other_orgs":false,"performance_of_services_for_other_orgs":false,"sharing_of_facilities":true,"sharing_of_paid_employees":true,"reimbursement_paid_by_other_org":true,"reimbursement_paid_to_other_org":true,"rental_of_facilities_from_other_orgs":false,"rental_of_facilities_to_other_orgs":true,"purchase_of_assets_from_other_org":false,"sale_of_assets_to_other_org":false,"exchange_of_assets":false,"receipt_of_interest_annuities_rents_royalties":true,"other_transfer_from_other_org":false,"other_transfer_to_other_org":false},"transactions":[{"business_name_line1":"Business Partners LLC","amount_involved":912272,"transaction_type":"o","name":"Business Partners LLC"},{"business_name_line1":"Business Partners LLC","amount_involved":516006,"transaction_type":"p","name":"Business Partners LLC"},{"business_name_line1":"Autoland","amount_involved":150183,"transaction_type":"p","name":"Autoland"}]},"Ratings":{"Mission Deployment Rate":{"score":null},"Program Expense Ratio":{"score":null},"Fundraising Efficiency":{"score":null,"percentile":null},"Filing Consistency Score":{"score":1.0},"Grant Itemization Coverage":{"score":null},"Independent Voting Board Pct":{"score":1.0},"Operating Margin":{"score":-0.4551842579033538,"percentile":0.12084061865906834},"Operating Reserve Ratio":{"score":11.18305852746985,"percentile":0.90503848070428},"Liabilities to Assets Ratio":{"score":0.9448484675452595,"percentile":0.06990721361797125},"Officer Compensation Ratio":{"score":0.09489105242587431,"percentile":0.5529013575671801},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Foreign Oversight Score":{"score":null},"Major-Donor Itemization":{"score":null},"Related-Party Transparency":{"score":null},"Pay-Setting Controls":{"score":0.16666666666666666,"weight":5,"atoms":{"Compensation committee":{"value":false},"Independent compensation consultant":{"value":false},"Form 990 of other organizations reviewed":{"value":false},"Written employment contract":{"value":false},"Compensation survey or study":{"value":false},"Board or committee approval":{"value":true}}},"Governance Policy Score":{"score":0.7777777777777778,"weight":5,"atoms":{"Conflict of interest policy":{"value":true},"Whistle blower policy":{"value":false},"Document retention policy":{"value":true},"Compensation process for CEO":{"value":true},"Compensation process for other employees":{"value":true},"Form 990 provided to governing body":{"value":false},"Minutes of governing body":{"value":true},"Audit committee":{"value":true},"Independent audit financial statements":{"value":true}}},"Categories":{"Financial Efficiency":{"score":null,"weight":45},"Transparency & Controls":{"score":0.7023809523809524,"weight":20},"Accountability":{"score":0.9074074074074074,"weight":14},"Sustainability":{"score":0.39632555853907353,"weight":13},"Growth":{"score":null,"weight":8}},"Overall Score":{"score":0.678799042815547,"percentile":0.2875442148566977}},"source_xml":"201102289349301250_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}