2023-08-07T11:56:27-05:00 2022-12-31 541953476 DAVIDSON DOYLE & HILTON LLP PO BOX 800 LYNCHBURG VA 245050800 990 2022-01-01 540554860 VIRGINIA CREDIT UNION LEAGUE VIRG 4342379600 108 N 8TH STREET RICHMOND VA 23219 CARRIE HUNT PRESIDENT 4342379600 2023-06-23 1 CARRIE HUNT 999009999 0 X AMY A GALLAGHER CPA P00884747 4348467611 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARRIE HUNT 108 N 8TH STREET RICHMOND VA 23219 2119980 0 X WWW.VACUL.ORG X 1952 VA OUR MISSION INCLUDES REGULATORY AND POLITICAL ADVOCACY FOR CREDIT UNIONS, EDUCATION AND TRAINING 9 9 17 73 0 0 26343 500 1634394 1907198 29601 33283 177994 170843 1868332 2111824 16108 7061 0 0 1124368 1445905 0 0 0 738196 253120 1878672 1706086 -10340 405738 12141784 13230387 2953086 3533703 9188698 9696684 OUR MISSION INCLUDES REGULATORY AND POLITICAL ADVOCACY FOR CREDIT UNIONS, EDUCATION AND TRAINING CREDIT UNION STAFF AND VOLUNTEERS, PLUS A WIDE RANGE OF INFORMATIONAL AND OPERATIONAL RESOURCES. 0 0 1706086 7061 1994689 OUR SERVICES INCLUDE STATE CREDIT UNION ACTIVITIES SUCH AS REGULATORY AND POLITICAL ADVOCACY, AND A WIDE RANGE OF INFORMATIONAL AND OPERATIONAL RESOURCES. 1706086 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 8 0 1 17 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 0 0 0 1 0 0 VA X KARIMA FREEMAN 4342379600 108 N 8TH STREET RICHMOND VA 23219 JOE THOMAS CHAIRMAN 1.00 X X 0 0 0 JEFF BENTLEY VICE CHAIRMAN 1.00 X X 0 0 0 PAUL MUSE TREASURER 1.00 X X 0 0 0 JANINE WILLIAMS SECRETARY 1.00 X X 0 0 0 KIM LITTLE DIRECTOR 1.00 X 0 0 0 ANDREW REYNOLDS DIRECTOR 1.00 X 0 0 0 BRUCE SIX DIRECTOR 1.00 X 0 0 0 MIKE WARRELL DIRECTOR 1.00 X 0 0 0 CHRIS WILLIAMS DIRECTOR 1.00 X 0 0 0 CARRIE HUNT PRESIDENT 40.00 X 182743 182743 53531 JAMES T BLAU CHIEF ADVOCACY OFFICER 40.00 X 54598 54598 10740 DAVID DEACON VICE PRESIDENT 40.00 X 0 106656 31073 KARIMA FREEMAN CHIEF ACCOUNTANT 40.00 X 23499 70498 30806 260840 414495 126150 1 0 1 0 0 500 500 MEMBERSHIP DUES 900099 1712021 1712021 REGISTRATION FEE 900099 177657 177657 DINNERS & MEETINGS 900099 17520 17520 1907198 33283 33283 76800 0 76800 76800 76800 14708 8156 6552 6552 MISCELLANOUS 900099 87491 87491 87491 2111824 1994689 0 116635 7061 7061 260840 260840 864928 864928 89660 89660 162459 162459 68018 68018 307452 307452 6550 6550 74190 74190 116747 116747 64237 64237 125682 125682 102425 102425 19597 19597 MARKETING 50922 50922 MISCELLANEOUS 32586 32586 DUES & SUBSCRIPTIONS 20534 20534 OVERHEAD ALLOCATION -667802 -667802 1706086 1706086 0 0 3012476 3936340 49605 25677 2380376 2589002 57718 86976 4429296 1083450 3447880 3345846 3193729 3246546 12141784 13230387 64500 73574 2550587 3298713 337999 161416 2953086 3533703 X 9028638 9529048 160060 167636 9188698 9696684 12141784 13230387 X 405738 102248 X X 0 1 X 1 0 10873 0 0 0 1 0 0 PART I-A, LINE 1: THERE WERE DISBURSEMENTS OF $64,343 RELATED TO ENCOURAGING POLITICIANS TO VOTE IN FAVOR OF CREDIT UNION LEGISLATION. 319200 319200 3726677 718125 3008552 206631 191601 15030 176788 173724 3064 3345846 EQUITY IN SUBSIDIARY 3234558 ACCRUED INTEREST RECEIVABLE 30 RIGHT OF USE ASSET 11958 3246546 ACCRUED RETIREMENT PLAN 22340 ACCRUED VACATION PAYABLE 123018 LEASE LIABILITY 11958 TENANT DEPOSITS 4100 161416 X 2173659 102248 102248 2071411 40413 40413 2111824 1659233 0 1659233 46853 46853 1706086 Part X, Line 2: THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE IRS AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAIMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2022. Part XI, Line 2d - Other Adjustments: OTHER POSTRETIREMENT BENEFITS INCOME FROM SUBSIDIARY Part XI, Line 4b - Other Adjustments: CHAPTER REVENUE Part XII, Line 4b - Other Adjustments: CHAPTER EXPENSE ROUNDING PART X, LINE 2: MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THAT BECAME EFFECTIVE FOR THE ORGANIZATION ON JANUARY 1, 2009. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2022 AND 2021. MANAGEMENT HAS EVALUATED ALL TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS AND DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2022 AND 2021. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2019. GOLF TOURNAMENT 12445 12445 6283 OTHER FUNDRAISER 2263 2263 1873 14708 14708 8156 8156 6552 0 CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 7061 0 GENERAL CONTRIBUTION TO FURTHER RECIPIENT'S MISSION X 0 0 0 CARRIE HUNT PRESIDENT 182743 182743 0 0 0 0 30500 0 23031 0 236274 182743 0 0 Form 990, Part VI, Section A, line 6 THE LEAGUE IS AN ORGANIZATION THAT ALLOWS CREDIT UNIONS IN THE STATE OF VIRGINIA TO RECEIVE CERTAIN MEMBERSHIP BENEFITS IF MEMBERSHIP DUES ARE PAID. Form 990, Part VI, Section A, line 7a EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON ANY MATTER TO BE ACTED UPON ATANY ANNUAL OR SPECIAL MEETING. Form 990, Part VI, Section A, line 7b PROPOSED AMENDMENTS MUST BE SUBMITTED IN WRITING TO THE BYLAWS COMMITTEE BY THE LEAGUE BOARD OF DIRECTORS OR FIVE (5) OR MORE CREDIT UNIONS AT LEAST NINETY (90) DAYS PRIOR TO THE ANNUAL MEETING OF THE LEAGUE. PROPOSED AMENDMENTS, WITH A RECOMMENDATION OF THE BOARD OF DIRECTORS, SUBMITTED IN ACCORDANCE WITH SECTION 1, ARTICLE XII MUST BE BROUGHT BEFORE THE ANNUAL MEETING FOR CONSIDERATION. Form 990, Part VI, Section B, line 11b THE FORM 990 IS TYPICALLY PREPARED BY THE AUDIT FIRM AND REVIEWED AND FILED BY THE CFO. WHEN THE 990 IS COMPLETED ANNUALLY, THE BOARD WILL BE NOTIFIED AND IT WILL BE AVAILABLE FOR REVIEW UPON REQUEST. Form 990, Part VI, Section B, line 15a THE CEO'S SALARY IS BASED ON A PEER REVIEW BY THE BOARD. Form 990, Part VI, Section C, line 19 FINANCIAL STATEMENTS ARE PRESENTED TO THE MEMBERSHIP IN AN ANNUAL REPORT. GOVERNING DOCUMENTS ARE APPROVED BY THE MEMBERSHIP, AND ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE UPON REQUEST. Form 990, Part XI, line 9: NET INCOME FROM WHOLLY OWNED SUBSIDIARY 40,849. OTHER POSTRETIREMENT BENEFITS 61,399. FORM 990, PART XII, LINE 2C: THE LEAGUE HAS AN AUDIT COMMITTEE THAT OVERSEES SELECTION OF AUDITORS AND REVIEW OF FINANCIAL STATEMENTS. CREDIT UNIONS CARE FOUNDATION OF VIRGINIA 108 N 8TH STREET RICHMOND VA 23219 364651188 CHARITABLE GIVING VA 501C(3) 11C CREDIT UNION CARE FOUNDATION OF VIRGINIA BOARD 0 VIRGINIA CREDIT UNION SERVICES INC 108 N 8TH STREET RICHMOND VA 23219 540890068 ENDORSEMENTS OF SERVICES VA VIRGINIA CREDIT UNION LEAGUE C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 VIRGINIA CREDIT UNION SERVICES INC M 441711 ESTIMATE BASED ON EXPENSES VIRGINIA CREDIT UNION SERVICES INC N 2065 ACTUAL EXPENSES VIRGINIA CREDIT UNION SERVICES INC Q 1104154 ACTUAL REIMBURSEMENTS