2024-04-12T17:54:24-05:00 2023-06-30 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-07-01 990039971 HAWAII CREDIT UNION LEAGUE HAWA 8089410556 1654 SOUTH KING STREET HONOLULU HI 96826 NORMAN OKIMOTO CHAIRMAN 8089410556 2024-04-11 1 NORMAN OKIMOTO 999009999 1 VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NORMAN OKIMOTO 1654 SOUTH KING STREET HONOLULU HI 96826 1296560 0 X WWW.HCUL.ORG X 1956 HI THE HAWAII CREDIT UNION LEAGUE (HCUL) IS THE TRADE ASSOCIATION THATSERVES THE INTEREST OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM.THESE CREDIT UNIONS SERVE THE FINANCIAL NEEDS OF RESIDENTS OF THESELOCALITIES. PERPETUATING THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPINGPEOPLE" IS OUR MISSION. PROMOTING COLLABORATION WITH OUR MEMBERS TOADDRESS THEIR NEEDS IS OUR PURPOSE. PROVIDING LEADERSHIP IN ADVOCACY,EDUCATION, AND INFORMATION IS OUR SHARED COMMITMENT. 7 7 11 28 0 0 5465 700 1141629 1225803 4165 28697 55446 41360 1206705 1296560 0 0 0 0 601485 648010 0 0 0 573357 659558 1174842 1307568 31863 -11008 3807665 3808557 181510 159457 3626155 3649100 X THE HAWAII CREDIT UNION LEAGUE (HCUL) IS THE TRADE ASSOCIATION THAT SERVES THE INTEREST OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM. THESE CREDIT UNIONS SERVE THE FINANCIAL NEEDS OF RESIDENTS OF THESE LOCALITIES. PERPETUATING THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPING PEOPLE" IS OUR MISSION. PROMOTING COLLABORATION WITH OUR MEMBERS TO ADDRESS THEIR NEEDS IS OUR PURPOSE. PROVIDING LEADERSHIP IN ADVOCACY, EDUCATION AND INFORMATION IS OUR SHARED COMMITTMENT. 0 0 EDUCATION AND TRAINING: TRAIN AND UPDATE CREDIT UNION PERSONNEL ANDVOLUNTEERS ON CREDIT UNION SERVICES AND OTHER RELATED MATTERS; DISCUSSTHE PROGRESS AND PROBLEMS OF CREDIT UNIONS AND RELATED PURPOSES. SERVESTHE INTERESTS OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM. GOVERNMENT RELATIONS: ASSIST CREDIT UNION WITH REGULATORY MATTERS ANDLOBBY FOR OR AGAINST BILLS AFFECTING CREDIT UNIONS ON FEDERAL, STATE,AND COUNTY LEVELS; PROMOTE THE CREDIT UNION MOVEMENT AND THE WAY THEYASSIST MEMBERS, INCLUDING THOSE OF MODEST MEANS, THROUGH PUBLICAWARENESS OF CREDIT UNIONS AND THE SERVICES OFFERED BY THEM. SERVES THEINTERESTS OF CREDIT UNIONS DOMICILED IN HAWAII AND GUAM. MEMBER SERVICES: HELP CREDIT UNIONS HELP THEIR MEMBERS BY PROVIDINGINFORMATION OF IMPORTANCE. SERVES THE INTERESTS OF CREDIT UNIONSDOMICILED IN HAWAII AND GUAM. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 7 0 1 11 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X GRANT KASHIWABARA 8089410556 1654 SOUTH KING STREET HONOLULU HI 96826 NORMAN OKIMOTO CHAIRMAN 10.00 10.00 X X 0 0 0 TESS SHIMABUKURO VICE CHAIR 10.00 10.00 X X 0 0 0 SCOTT KAULUKUKUI SECRETARY 10.00 10.00 X X 0 0 0 ALAN ARAI TREASURER 10.00 10.00 X X 0 0 0 NICOLE AGUINALDO DIRECTOR 10.00 10.00 X 0 0 0 TIMOTHY ASHCRAFT DIRECTOR 10.00 10.00 X 0 0 0 GUY MURAOKA DIRECTOR 10.00 10.00 X 0 0 0 CAROL MARX PRESIDENT 20.00 20.00 X 53597 53597 11782 53597 53597 11782 0 0 0 0 0 700 700 MEMBERSHIP DUES 900099 795085 795085 ANNUAL MEETING 900099 305788 305788 EDUCATION/PROGRAMS/EVE 900099 124930 124930 1225803 28697 28697 31510 0 31510 31510 31510 EQUITY IN EARNINGS OF 900099 9560 9560 OTHER REVENUE 900099 290 290 9850 1296560 1235653 0 60207 53598 470193 47236 65625 11358 7382 87647 1300 12941 14374 12125 102 24860 14049 EDUCATION/PROGRAM/EVENT 246337 BUILDING AND RELATED CO 64343 MEMBER SUPPORTED SERVIC 52344 PLEXCITY SUPPORT SERVIC 50810 70944 1307568 638521 664022 1234491 1154502 53880 77345 512239 512239 89945 97760 1253084 905567 353031 347517 906964 936578 18594 18594 3807665 3808557 174667 154139 3632 3215 3211 2103 181510 159457 X 3498169 3527914 127986 121186 3626155 3649100 3807665 3808557 -11008 33953 0 X X 0 1 X 1 0 1 0 0 57230 57230 953075 675428 277647 197701 187027 10674 45078 43112 1966 347517 INVESTMENT IN HCU SERVICES CORPORATION 655408 C CSS STOCK 1415 C CREDIT UNION HOUSE 10393 C CATALYST CORP FCU 500 C INVESTMENT - PLEXCITY 30000 C CHARLES SCHWAB 238862 F 936578 CAPITAL LEASE OBLIGATION 2103 2103 X PART X, LINE 2: U.S. GAAP REQUIRE UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AS OF JUNE 30, 2023, AND FOR THE YEAR THEN ENDED AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. X 0 0 0 DENNIS TANIMOTO PRESIDENT FUND PURCHASE OF CASH VALUE LIFE INSURANCE X 512239 512239 0 1 1 512239 FORM 990, PART V, LINE 2A HAWAII CREDIT UNION LEAGUE (HCUL) IS THE COMMON PAYMASTER FOR ITS WHOLLY OWNED SUBSIDIARY (HCUS), HCU SERVICES CORPORATION (FEIN: 99-0140322). HCUS'S FOUR EMPLOYEES ARE PAID THROUGH HCUL AND THUS EXCLUDED FROM THE NUMBER OF EMPLOYEES REPORTED FOR THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTED PRESIDENT OF EACH CHAPTER (FOUR CHAPTERS) BECOMES A MEMBER OF THE GOVERNING BODY. MEMBERSHIP ELECTS THE THREE AT-LARGE GOVERNING BODY POSITIONS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SUBMITTED BY THE CPA FIRM RETAINED FOR AUDIT AND TAX REQUIREMENTS ANNUALLY. HAWAII CREDIT UNION LEAGUE'S PRESIDENT AND BUSINESS SERVICES MANAGER REVIEW THE RETURN PRIOR TO SUBMITTING TO THE HCUL BOARD FOR REVIEW AND ACCEPTANCE/APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY, AND NOTIFY HAWAII CREDIT UNION LEAGUE SHOULD ANY CONFLICTS ARISE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS PARTICIPATE IN THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO. THE CHAIRMAN OF THE BOARD COMPILES DIRECTORS' INPUT ON THE PRESIDENT/CEO'S PERFORMANCE. AN EXECUTIVE SESSION IS HELD TO DISCUSS PRESIDENT/CEO'S PERFORMANCE AND AGREE UPON A SALARY ADJUSTMENT. THE CHAIRMAN DISCUSSES THE BOARD'S PERFORMANCE REVIEW WITH THE PRESIDENT, AS WELL AS, SALARY ADJUSTMENT. THE PERFORMANCE REVIEW IS SIGNED BY BOTH THE CHAIRMAN AND PRESIDENT/CEO. ORIGINAL IS KEPT IN THE PRESIDENT'S PERSONNEL FILE. THE AMERICAN ASSOCIATION OF CREDIT UNION LEAGUES PUTS OUT TWO SURVEYS, ONE TITLED "LEAGUE PRESIDENT/CEO COMPENSATION AND BENEFITS SURVEY AND THE OTHER IS "LEAGUE STAFF COMPENSATION AND BENEFIT SURVEY." THE BOARD CHAIR IS GIVEN A COPY OF THE FIRST DOCUMENT TO DETERMINE IF HCUL PRESIDENT/CEO SALARY IS COMPETITIVE. FORM 990, PART VI, SECTION C, LINE 19 HAWAII CREDIT UNION LEAGUE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS BYLAWS AND THE AUDITED FINANCIAL STATEMENTS, WHICH ARE PRINTED IN THE ANNUAL MEETING DOCUMENTS. DOCUMENTS ARE ALSO MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C HAWAII CREDIT UNION LEAGUE HAS A COMMITTEE THAT ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HCU SERVICES CORPORATION 1654 SOUTH KING STREET HONOLULU HI 96826 990140322 PROVIDE BUSINESS OPPORTUNITIES TO BENEFIT MEMBER CU'S HI HAWAII CREDIT UNION LEAGUE C 545384 744756 1.00000 1 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 HCU SERVICES CORPORATION J 25187 COST HCU SERVICES CORPORATION F 11402 COST HCU SERVICES CORPORATION O 190830 COST HCU SERVICES CORPORATION N N/A < 50,000