Totals
- Total revenue
- $21,467,724
- Total expenses
- $17,844,423
- Contributions and grants received
- $10,000
- Grants paid
- $25,900
- Program service revenue
- $20,102,980
- Investment income
- $1,326,070
- Other revenue
- $28,674
- Total assets, end of year
- $383,430,662
- Total liabilities, end of year
- $356,124,077
- Net assets or fund balances, end of year
- $27,306,585
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$10,000
-
2a · Program service revenue: INTEREST ON LOANS
total $14,434,797 · related or exempt $14,434,797
-
2b · Program service revenue: FEES & OTHER INCOME
total $5,645,025 · related or exempt $5,598,439 · unrelated business $46,586
-
2c · Program service revenue: WARRANTY SALES
total $23,158 · unrelated business $23,158
-
3 · Investment income
total $1,474,165 · related or exempt $1,474,165
-
5 · Royalties
total $28,674 · related or exempt $28,674
-
7a · Gross sales of assets other than inventory
securities $2,570,542
-
7b · Less cost or other basis and sales expenses
securities $2,718,637
-
7c · Gain or loss
securities -$148,095
-
7d · Net gain or loss
total -$148,095 · related or exempt -$148,095
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $18,400
-
2 · Grants to domestic individuals
total $7,500
-
5 · Compensation of officers, directors and key employees
total $1,923,213
-
7 · Other salaries and wages
total $4,070,830
-
8 · Pension plan contributions
total $161,187
-
9 · Other employee benefits
total $581,039
-
10 · Payroll taxes
total $415,514
-
11b · Fees: legal
total $29,475
-
11c · Fees: accounting
total $49,152
-
11f · Fees: investment management
total $5,850
-
11g · Fees: other
total $160,825
-
12 · Advertising and promotion
total $265,374
-
13 · Office expenses
total $2,558,177
-
14 · Information technology
total $700,760
-
16 · Occupancy
total $388,758
-
17 · Travel
total $65,497
-
19 · Conferences, conventions and meetings
total $69,726
-
20 · Interest
total $195,683
-
22 · Depreciation, depletion and amortization
total $661,531
-
23 · Insurance
total $92,274
-
24a · Other expenses: PROVISION FOR LOAN LOSS
total $2,401,978
-
24b · Other expenses: LOAN SERVICING
total $1,531,905
-
24c · Other expenses: MEMBER DIVIDENDS
total $1,282,201
-
24d · Other expenses: ASSOCIATION DUES
total $62,903
-
24e · All other expenses
total $144,671
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,906,905 · end of year $1,641,183
-
2 · Savings and temporary cash investments
beginning of year $15,036,034 · end of year $3,629,396
-
7 · Other notes and loans receivable
beginning of year $213,880,390 · end of year $267,065,088
-
9 · Prepaid expenses and deferred charges
beginning of year $518,989 · end of year $677,148
-
10a · Land, buildings and equipment: cost or other basis
$17,766,117
-
10b · Land, buildings and equipment: accumulated depreciation
$9,636,921
-
10c · Land, buildings and equipment, net
beginning of year $8,157,574 · end of year $8,129,196
-
12 · Investments: other securities
beginning of year $98,786,119 · end of year $90,031,690
-
15 · Other assets
beginning of year $11,590,775 · end of year $12,256,961
-
17 · Accounts payable and accrued expenses
beginning of year $4,162,258 · end of year $4,537,087
-
23 · Secured mortgages and notes payable
end of year $24,400,000
-
25 · Other liabilities
beginning of year $312,446,075 · end of year $327,186,990
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $33,268,453 · end of year $27,306,585
Mission and programs · 2022
Mission
TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE FOR THEM A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY AND CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION AND NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES; AND TO PROVIDE OTHER FISCAL AND FINANCIAL SERVICES.
-
PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 31,853 MEMBERS.
-
PROVIDES A SOURCE OF CREDIT TO MEMBERS AT FAIR AND REASONABLE RATES OF INTEREST. AS OF DECEMBER 31, 2022, THERE WERE 17,221 LOANS OUTSTANDING TOTALING $270,013,958.
-
PAID DIVIDENDS AND INTEREST ON MEMBER DEPOSITS TOTALING $1,282,201 FOR THE YEAR.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gary DierksGARY DIERKS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Bob KillionBOB KILLION
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Juanita NovotnyJUANITA NOVOTNY
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Keith EmeryKEITH EMERY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Adam ThurauADAM THURAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dominic ConsolinoDOMINIC CONSOLINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn MooreCAROLYN MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Linda AllenLINDA ALLEN
PRESIDENT
- Total calculated
- $437,748
- From this org
- $336,882
- From related orgs
- $0
- Other
- $100,866
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,010
- Bonus
- $37,500
- Other
- $26,372
- Deferred
- $88,304
- Nontaxable benefits
- $12,562
- Filer's total
- $437,748
-
Jean CapriglioneJEAN CAPRIGLIONE
VP BRANCH OPERATIONS
- Total calculated
- $116,789
- From this org
- $105,947
- From related orgs
- $0
- Other
- $10,842
- Hours/week
- 40
-
Greg ClarkeGREG CLARKE
SVP TECHNOLOGY & RISK MANAGEMENT
- Total calculated
- $161,997
- From this org
- $130,495
- From related orgs
- $0
- Other
- $31,502
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,220
- Bonus
- $9,275
- Other
- $0
- Deferred
- $26,216
- Nontaxable benefits
- $5,286
- Filer's total
- $161,997
-
Lori CrutchleyLORI CRUTCHLEY
EVP
- Total calculated
- $256,600
- From this org
- $217,698
- From related orgs
- $0
- Other
- $38,902
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,001
- Bonus
- $9,275
- Other
- $6,422
- Deferred
- $28,312
- Nontaxable benefits
- $10,590
- Filer's total
- $256,600
-
John GerkeJOHN GERKE
EVP
- Total calculated
- $409,070
- From this org
- $355,159
- From related orgs
- $0
- Other
- $53,911
- Hours/week
- 27
Schedule J breakdown matched by us
- Base
- $74,071
- Bonus
- $9,275
- Other
- $271,813
- Deferred
- $35,677
- Nontaxable benefits
- $18,234
- Filer's total
- $409,070
-
Cassandra HendrixsonCASSANDRA HENDRIXSON
SVP FINANCIAL SERVICES DELIVERY
- Total calculated
- $198,909
- From this org
- $164,306
- From related orgs
- $0
- Other
- $34,603
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,131
- Bonus
- $9,275
- Other
- $3,900
- Deferred
- $27,546
- Nontaxable benefits
- $7,057
- Filer's total
- $198,909
-
Michael HudsonMICHAEL HUDSON
SVP COMMERCIAL LENDING
- Total calculated
- $167,778
- From this org
- $155,296
- From related orgs
- $0
- Other
- $12,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,750
- Bonus
- $1,546
- Other
- $0
- Deferred
- $5,426
- Nontaxable benefits
- $7,056
- Filer's total
- $167,778
-
Ken MoserKEN MOSER
VP MARKETING
- Total calculated
- $122,683
- From this org
- $108,710
- From related orgs
- $0
- Other
- $13,973
- Hours/week
- 40
-
Jessica RoyceJESSICA ROYCE
SVP FINANCE & COLLECTIONS
- Total calculated
- $147,632
- From this org
- $133,173
- From related orgs
- $0
- Other
- $14,459
- Hours/week
- 40
-
Shane WeckerSHANE WECKER
SVP CONSUMER LENDING
- Total calculated
- $131,732
- From this org
- $120,176
- From related orgs
- $0
- Other
- $11,556
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD OF DIRECTORS EVALUATES THE PRESIDENT'S PERFORMANCE ANNUALLY. UPON CONCLUSION OF THE WRITTEN EVALUATION, THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS COMPENSATION, SALARY SURVEYS AND OTHER ECONOMIC AND MARKET FACTORS/DATA, AND MAKES RECOMMENDATIONS TO THE CREDIT UNION'S BOARD OF DIRECTORS AS TO MERIT INCREASES IN COMPENSATION AND BENEFITS.
- PART I, LINE 4B
- THE FOLLOWING OFFICERS ARE PARTICIPANTS IN 457(B) DEFERRED COMPENSATION PLANS AND THE TOTAL AMOUNTS DEFERRED IN 2022 ARE LISTED BELOW: LINDA ALLEN, PRESIDENT - $20,500 JOHN GERKE, EVP - $41,000 DEFERRALS WERE REPORTED ON THEIR W-2S AS REQUIRED. IN ADDITION, THE FOLLOWING OFFICERS ARE PARTICIPANTS IN 457(F) DEFERRED COMPENSATION PLANS AND THE RELATED AMOUNTS DEFERRED IN 2022 ARE LISTED BELOW: LINDA ALLEN, PRESIDENT - $75,708 JOHN GERKE, EVP - $30,575 LORI CRUTCHLEY, EVP - $20,000 CASSANDRA HENDRIXSON, SVP - $20,000 GREG CLARKE, SVP - $20,000 JOHN GERKE, EVP, RECEIVED A $227,725 DISTRIBUTION FROM HIS 457(F) PLAN, AND THE ENTIRE AMOUNT WAS INCLUDED IN HIS W-2 WAGES. THERE WERE NO OTHER DISTRIBUTIONS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SUPPORT FOR THE ORGANIZATION'S PET FOOD PANTRY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349313558
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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