Credit Unions In The State Of New Mexico, State Employees Cu in Santa Fe, New Mexico (NM)

Credit Unions In The State Of New Mexico, State Employees Cu
Employer Identification Number (EIN)	856010733
Name of Organization	Credit Unions In The State Of New Mexico
Secondary Name	State Employees Cu
Address	813 St Michaels Drive, Santa Fe, NM 87505-7607
Activities	Loans or credit reporting, Other services or benefits to members or employees
Subsection	Credit Union
Ruling Date	01/1973
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Association
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$50,000,000 to greater
Income	$10,000,000 to $49,999,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$363,462,817
Amount of Income	$22,146,643
Form 990 Revenue Amount	$21,383,867

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	No	No
Is the organization required to complete Schedule B, Schedule of Contributors?	No	No
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	Yes
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	No
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	Yes	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	Yes	Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?	No	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	Yes	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	Yes	Yes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	No	No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	No	No
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		19,250	20,105
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		144	156
Did the organization file all required federal employment tax returns?		Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	No	No
Has it filed a Form 990-T for this year?		No	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$685,290	$776,946
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$205,222	$265,475
Total number of individuals who received more than $100,000 of reportable compensation from the organization	3	4
Total number of independent contractors who received more than $100,000 of compensation from the organization	14	11

	2011	2012	2013
Statement of Revenue
Total revenue	$22,460,284	$21,841,008	$21,383,867
Contributions, Gifts, Grants and Other Similar Amounts	$0	$0	$0
Program Service Revenue	$21,197,225	$20,843,489	$20,232,823
522100		$13,645,642	$13,208,946
522100		$6,620,382	$4,680,564
522100		$577,465	$2,343,313
All other program service revenue		$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$1,191,757	$970,556	$833,957
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$0	$0	$0
Net rental income	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$71,302	$26,963	$317,087
Gross amount from sales of assets other than inventory (Securities / Other)	$1,429,940 / $0	$2,327,331 / $0	$479,863 / $600,000
Less: cost or other basis and sales expenses (Securities / Other)	$1,358,638 / $0	$2,300,368 / $0	$473,695 / $289,081
Gain or (loss) (Securities / Other)	$71,302 / $0	$26,963 / $0	$6,168 / $310,919
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$0	$0	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$17,714,207	$16,982,697	$17,178,055
Grants and other assistance to domestic organizations and domestic governments		$0	$0
Grants and other assistance to domestic individuals		$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$752,603	$685,290	$776,946
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$4,128,886	$4,604,991	$5,061,969
Pension plan accruals and contributions		$1,198,609	$1,269,286
Other employee benefits		$916,402	$1,037,940
Payroll taxes	$384,391	$399,294	$455,012
Fees for services (non-employees)
Management		$0	$0
Legal		$0	$135,484
Accounting		$0	$43,335
Lobbying		$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees		$0	$0
Other		$816,376	$2,097,948
Advertising and promotion		$470,411	$610,857
Office expenses		$561,168	$308,834
Information technology		$0	$0
Royalties		$0	$0
Occupancy		$563,066	$842,411
Travel		$90,327	$118,335
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$0	$0
Interest		$27,736	$60,448
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$603,086	$583,076
Insurance		$117,537	$103,950
Other expenses		$2,273,915	$1,783,885
Other expenses		$1,419,918	$900,000
Other expenses		$1,150,000	$514,962
Other expenses		$810,259	$237,372
Other expenses		$274,312	$236,005

	2011	2012	2013
Balance Sheet
Total assets	$307,581,721	$330,069,751	$363,462,817
Cash - non-interest-bearing		$13,236,506	$5,165,677
Savings and temporary cash investments		$0	$1,011,112
Pledges and grants receivable, net		$0	$0
Accounts receivable, net		$767,146	$872,494
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$1,943,323	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$235,015,186	$277,683,983
Inventories for sale or use		$0	$0
Prepaid expenses and deferred charges		$0	$0
Land, buildings, and equipment: cost or other basis		$13,417,383	$14,753,819
Investments - publicly traded securities		$50,748,267	$0
Investments - other securities		$3,793,038	$3,678,377
Investments - program-related		$0	$49,206,700
Intangible assets		$0	$0
Other assets		$11,148,902	$11,090,655
Total liabilities	$278,811,100	$296,581,228	$326,796,723
Accounts payable and accrued expenses		$5,913,563	$5,264,079
Grants payable		$0	$0
Deferred revenue		$0	$0
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$290,667,665	$321,532,644
Total net assets or fund balances	$28,770,621	$33,488,523	$36,666,094
Unrestricted net assets		$0	$0
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$28,770,621	$33,488,523	$36,666,094

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
Other organizations in New Mexico
1	Credit Unions In The State Of New Mexico, First Financial Credit Union	601 Tijeras Ave Nw, Albuquerque, NM 87102-3198	NM	1973-01	$32,165,469
2	Credit Unions In The State Of New Mexico, Group Return	PO BOX 25101, Santa Fe, NM 87504-5101	NM	1973-01	$0
3	Credit Unions In The State Of New Mexico, Guadalupe Credit Union	3601 Mimbres Ln, Santa Fe, NM 87507-2891	NM	1967-03	$9,005,759
4	Credit Unions In The State Of New Mexico, Loco Credit Union	808 Washington Ave, Alamogordo, NM 88310-5166	NM	1973-01	$2,842,483
5	Credit Unions In The State Of New Mexico, Los Alamos Schools Credit Union	1900 Diamond Drive, Los Alamos, NM 87544-2263	NM	1973-01	$572,082
6	Credit Unions In The State Of New Mexico, New Mexico Central Credit Union	301 Rio Bravo Blvd Se, Albuquerque, NM 87105-7402	NM	1973-01	$1,147,761
7	Questa Credit Union	PO BOX 500, Questa, NM 87556-0500	NM	1973-01	$276,392
8	Credit Unions In The State Of New Mexico, Rincones Presbyterian Credit Union	PO BOX 149, Chacon, NM 87713-0149	NM	1973-01	$206,335
9	Credit Unions In The State Of New Mexico, Rio Grande Credit Union	301 Rio Bravo Blvd Se, Albuquerque, NM 87105-7402	NM	1969-02	$15,817,990
10	Credit Unions In The State Of New Mexico, St Gertrudes Credit Union	PO BOX 92, Mora, NM 87732-0092	NM	1971-03	$123,136
11	Credit Unions In The State Of New Mexico, State Employees Cu	813 St Michaels Drive, Santa Fe, NM 87505-7607	NM	1973-01	$22,146,643
12	Credit Unions In The State Of New Mexico, Totah Credit Union	2101 E 20th St, Farmington, NM 87401-8901	NM	1973-01	$275,049
13	Credit Unions In The State Of New Mexico, Zia Credit Union	PO BOX 490, Los Alamos, NM 87544-0490	NM	1973-01	$7,976,025
14	Cree Meadows Ladies Association Inc	301 Country Club Dr, Ruidoso, NM 88345-6948	NM	2003-01	$31,693
15	Creston College	PO BOX 777, Ora, NM 87715	NM	2014-06	$0
16	Crime Stoppers Of Las Cruces And Dac	PO BOX 7643, Las Cruces, NM 88006	NM	1992-01	$0
17	Crisis Center Of Northern New Mexico	577 El Llano Rd, Espanola, NM 87532-2911	NM	1994-01	$572,024
18	Cristo Foundation	625 Solana Rd Sw, Deming, NM 88030-7627	NM	2001-04	$700
19	Crossroads For Women	805 Tijeras Ave Nw, Albuquerque, NM 87102-3099	NM	1999-05	$958,858
20	Crossroads Ministry Inc	525 Niagara Rd Ne, Albuquerque, NM 87113-1043	NM	1994-10	$19,599

Affiliation	Name	Address	State	Established	Total Income
20 biggest affiliated organizations
Subordinate	Credit Unions In The State Of New Mexico, First Financial Credit Union	601 Tijeras Ave Nw, Albuquerque, NM 87102-3198	NM	1973-01	$32,165,469
Subordinate	Credit Unions In The State Of New Mexico, State Employees Cu	813 St Michaels Drive, Santa Fe, NM 87505-7607	NM	1973-01	$22,146,643
Subordinate	Del Norte Credit Union	3286 Cerrillos Rd, Santa Fe, NM 87507-2925	NM	1973-01	$21,871,497
Subordinate	Credit Unions In The State Of New Mexico, Rio Grande Credit Union	301 Rio Bravo Blvd Se, Albuquerque, NM 87105-7402	NM	1969-02	$15,817,990
Subordinate	Credit Unions In The State Of New Mexico, Guadalupe Credit Union	3601 Mimbres Ln, Santa Fe, NM 87507-2891	NM	1967-03	$9,005,759
Subordinate	Credit Unions In The State Of New Mexico, Zia Credit Union	PO BOX 490, Los Alamos, NM 87544-0490	NM	1973-01	$7,976,025
Subordinate	Credit Unions In The State Of New Mexico, Animas Credit Union	2101 E 20th St, Farmington, NM 87401-8901	NM	1967-03	$5,632,703
Subordinate	Credit Unions In The State Of New Mexico, Artesia School Employees	PO BOX 406, Artesia, NM 88211-0406	NM	1973-01	$3,737,525
Subordinate	Credit Unions In The State Of New Mexico, Loco Credit Union	808 Washington Ave, Alamogordo, NM 88310-5166	NM	1973-01	$2,842,483
Subordinate	Credit Unions In The State Of New Mexico, Financial Security Cu	1105 W Pierce St, Carlsbad, NM 88220-4014	NM	1973-01	$2,009,870
Subordinate	Credit Unions In The State Of New Mexico, New Mexico Central Credit Union	301 Rio Bravo Blvd Se, Albuquerque, NM 87105-7402	NM	1973-01	$1,147,761
Subordinate	Belen Railway Employees Credit Union	222 N 4th St, Belen, NM 87002-4316	NM	1973-01	$1,040,634
Subordinate	Credit Unions In The State Of New Mexico, Estacado Credit Union	PO BOX 1082, Lovington, NM 88260-1082	NM	1973-01	$979,865
Subordinate	Jemez Valley Credit Union	PO BOX 120, Jemez Springs, NM 87025-0120	NM	1973-01	$973,713
Subordinate	Credit Unions In The State Of New Mexico, Chaves County School Employees	1401 N Lea Ave, Roswell, NM 88201-5038	NM	1973-01	$706,006
Subordinate	Credit Unions In The State Of New Mexico, Cuba Credit Union	PO BOX 1660, Cuba, NM 87013-1660	NM	1973-01	$682,458
Subordinate	Credit Unions In The State Of New Mexico, Los Alamos Schools Credit Union	1900 Diamond Drive, Los Alamos, NM 87544-2263	NM	1973-01	$572,082
Subordinate	Credit Unions In The State Of New Mexico, B A B Credit Union	503 Ne Aztec Blvd, Aztec, NM 87410-1704	NM	1973-01	$393,060
Subordinate	Questa Credit Union	PO BOX 500, Questa, NM 87556-0500	NM	1973-01	$276,392
Subordinate	Credit Unions In The State Of New Mexico, Totah Credit Union	2101 E 20th St, Farmington, NM 87401-8901	NM	1973-01	$275,049

Number of affiliated organizations

New Mexico

Total

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