TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) CRAYTON ACHELPOHL......................................................................
PRESIDENT/TR

40.00
.................

89,772

14,507

(2) CYNTHIA STEPHENS......................................................................
CHIEF OPER.

40.00
.................

61,133

13,790

(3) BASIL D BEVANS......................................................................
SECRETARY

1.00
.................

(4) ANDREW DOELLMAN......................................................................
CHAIRMAN

1.00
.................

(5) PAUL LEWIS......................................................................
VICE CHAIRMA

1.00
.................

(6) BARBARA ELLWOOD......................................................................
DIRECTOR

1.00
.................

(7) J SCOTT SIMONS......................................................................
DIRECTOR

1.00
.................

(8) DAVID YUCHS......................................................................
DIRECTOR

1.00
.................

(9) TAY SONETHONGKHAM......................................................................
DIRECTOR

1.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
REGULAR SHARES	12,311,492
SHARE DRAFT ACCOUNT	2,040,068
SHARE CERTIFICATES	1,299,616
TRADITIONAL IRA	828,563
SPECIAL SHARE ACCOUNT	494,951
READY CASH	141,096
ROTH IRA	69,652
CHRISTMAS SAVINGS SHARES	55,807
VACATION CLUB SHARES	20,569
BACKUP WITHHOLDING TAXES	593
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	17,262,407
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

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

2015

Open to Public
Inspection

Name of the organization

GREAT RIVER COMMUNITY CREDIT UNION

Employer identification number

37-0804631

Return Reference	Explanation
FORM 990, PAGE 1, PART I, LINE 6	THE MEMBERS OF THE CREDIT UNION'S BOARD DONATE THEIR TIME TO SERVE ON THE BOARD. THE BOARD MEMBERS ATTEND MONTHLY MEETINGS AND PERFORM PROCEDURES TO CHECK DIFFERENT ASPECTS OF THE CREDIT UNION'S DAILY ACTIVITIES; IE INSPECT LOAN FILES, CHECK BANK RECONCILIATIONS, ETC.
FORM 990, PART III	LINE 4A TOTAL LOANS IN THIS SECTION ARE 7,154,137, WHICH REPRESENTS THE GROSS AMOUNT. LOANS NET OF THE ALLOWANCE FOR LOAN LOSSES OF 50,700 TOTAL 7,103,437.
FORM 990, PAGE 6, PART VI, LINE 4	THE CREDIT UNION REDUCED ITS NUMBER OF BOARD MEMBERS FROM ELEVEN TO NINE.
FORM 990, PAGE 6, PART VI, LINE 6	THE ORGANIZATION IS A MEMBER-OWNED CREDIT UNION. THE MEMBERS HAVE AN ANNUAL MEETING AND THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP.
FORM 990, PAGE 6, PART VI, LINE 7A	THE ORGANIZATION IS A MEMBER-OWNED CREDIT UNION. THE MEMBERS HAVE AN ANNUAL MEETING AND THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP.
FORM 990, PAGE 6, PART VI, LINE 11B	PRESIDENT/TREASURER MAKES THE ANNUAL RETURN AVAILABLE TO ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING EACH YEAR. THE BOARD IS AWARE OF ALL FILING REQUIREMENTS AND ARE ACTIVE IN THE REVIEWING PROCESS.
FORM 990, PAGE 6, PART VI, LINE 12C	PERIODIC REVIEW OF RELATED PARTY ACCOUNTS IS PERFORMED BY SUPERVISORY PERSONNEL.
FORM 990, PAGE 6, PART VI, LINE 15A	THE COMPENSATION COMMITTEE UTILIZES INDUSTRY-SPECIFIC SALARY SURVEYS, REVIEWS PERFORMANCE, AND MAKES RECOMMENDATION TO THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19	THE MEMBERS CAN REQUEST TO SEE THE DOCUMENTS FROM THE PRESIDENT OF THE ORGANIZATION.
FORM 990, PART VIII	LINE 7B THE CREDIT UNION DISPOSED OF AN ASSET DURING THE YEAR. THE LOSS RESULTED FROM THE PORTION OF THE COST BASIS THAT HAD NOT BEEN DEPRECIATED AT THE TIME OF DISPOSAL.
FORM 990, PART IX, LINE 24E	DIVIDENDS 22,685 0 0 STMT/MICRO-FILM EXP 21,435 0 0 OTHER NONOPERATING EXPENS 17,500 0 0 INSURANCE/BOND 17,133 0 0 OFFICE EXPENSE 12,975 0 0 BANK SERVICE CHARGE 10,706 0 0 ASSOCIATION DUES 9,978 0 0 DFI REGULATORY FEES 9,844 0 0 REAL ESTATE TAXES 9,300 0 0 COMMUNICATIONS-PHONE 7,057 0 0 ACH D/D CLEARING EXP 6,830 0 0 CERTIFICATE DIVIDENDS 6,263 0 0 COLLECTION EXPENSE 6,212 0 0 CREDIT REPORTING EXPENSE 6,068 0 0 OTHER PROF SERV 5,387 0 0 IRA DIVIDEND EXPENSE 4,672 0 0 ADVERTISING & PROMOTION 4,597 0 0 MISC. OPERATING EXP 3,508 0 0 SCIP CLEARING EXP 2,281 0 0 MAINT OF FURN & FIXTURES 2,005 0 0 COMMUNICATIONS-MAIL 1,967 0 0 CASH OVER / SHORT 1,284 0 0 CREDIT UNION DAYS EXPENSE 1,188 0 0 IRA EXPENSE 820 0 0 READY CASH DIVIDENDS 294 0 0 ANNUAL MEETING 107 0 0 DIV - CHRISTMAS SAV SH 99 0 0 DIV. VACATION CLUB SHARES 8 0 0
FORM 990, PART XII	LINE 2B THE CREDIT UNION RECEIVED AN INDEPENDENT AUDIT, BUT IT WAS AS OF A FISCAL YEAR-END THAT DID NOT MATCH ITS TAX YEAR-END.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	7
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	8
6	Total number of volunteers (estimate if necessary) .............	6	7
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	764,497	704,683
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	103,464	127,280
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,780	542
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	869,741	832,505
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	429,130	435,434
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	443,660	435,023
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	872,790	870,457
19	Revenue less expenses. Subtract line 18 from line 12.......	-3,049	-37,952
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	20,375,183	20,720,423
21	Total liabilities (Part X, line 26).............	16,919,415	17,302,607
22	Net assets or fund balances. Subtract line 21 from line 20.....	3,455,768	3,417,816

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 870,457 including grants of $ ) (Revenue $ 704,683 )
	PROVIDES FINANCIAL AND FINANCIALLY-RELATED SERVICES TO 2,753 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2015 THERE WERE 1,038 LOANS OUTSTANDING TOTALING 7,154,137. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING 34,021 FOR THE YEAR.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses870,457

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	150,905	28,297

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

		Business Code
2a	INT ON UNSECURED LOANS		202,351	202,351
b	INTEREST ON USED AUTOS		135,933	135,933
c	OVER/DRAFT CHARGES		76,335	76,335
d	DEBIT CARD FEE INCOME		55,378	55,378
e	INTEREST ON CREDIT CARDS		47,355	47,355
f	All other program service revenue.			187,331	187,331
g Total.Add lines 2a–2f.....			704,683

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			133,829			133,829
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses	6,549
c	Gain or (loss)	-6,549
d	Net gain or (loss).....			-6,549	-6,549
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	OTHER MISC OPER INCOME			542	542
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			542
12	Total revenue. See Instructions......			832,505	698,676		133,829

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	157,225
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	179,720
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	13,076
9	Other employee benefits .......	57,175
10	Payroll taxes ...........	28,238
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	1,973
c	Accounting ...........	13,031
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	18,481
17	Travel ............	5,816
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	206
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	51,191
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	DATA PROCESSING FEE	51,307
b	DEBIT CARD EXPENSE	40,493
c	PROVISIONS FOR LOAN LOSS	36,000
d	CREDIT CARD EXPENSE	24,322
e	All other expenses	192,203
25	Total functional expenses. Add lines 1 through 24e	870,457	0	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			1,189,367	1	1,154,479
2	Savings and temporary cash investments .........			11,060,480	2	11,787,976
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....			7,403,450	7	7,103,437
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......			7,419	9	4,796
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	814,241
b	Less: accumulated depreciation	10b	341,257	521,037	10c	472,984
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			911	14
15	Other assets. See Part IV, line 11 ...........			192,519	15	196,751
16	Total assets. Add lines 1 through 15 (must equal line 34)...			20,375,183	16	20,720,423

17	Accounts payable and accrued expenses .....	32,714	17	40,030
18	Grants payable ...		18
19	Deferred revenue .........	647	19	170
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	16,886,054	25	17,262,407
26	Total liabilities. Add lines 17 through 25..	16,919,415	26	17,302,607

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds	3,455,768	32	3,417,816
33	Total net assets or fund balances ...........	3,455,768	33	3,417,816
34	Total liabilities and net assets/fund balances ........	20,375,183	34	20,720,423

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land ...	71,219		71,219
b	Buildings	547,446	223,718	323,728
c	Leasehold improvements
d	Equipment ...	195,576	117,539	78,037
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				472,984

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)