2024-01-16T07:53:17-06:00 2022-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2022-10-01 741115584 MOBILOIL CREDIT UNION MOBI 4099245151 PO BOX 12849 BEAUMONT TX 77726 JONATHAN E HASKETT JR CHIEF FINANCIAL OFFICER 4099245151 2024-01-16 1 JONATHAN HASKETT JR 999009999 0 TINA PETERS P00904574 2483757100 2024-01-16 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X X JONATHAN E HASKETT JR PO BOX 12849 BEAUMONT TX 77726 14414183 0 X WWW.MOBILOILCU.ORG X 1935 TX TO ENRICH PEOPLE'S LIVES ONE EXPERIENCE AT A TIME. 9 9 320 11 20127 0 0 12784589 1544331 63902 14392822 10389 0 5054277 0 0 6694720 11759386 2633436 1099333513 1069968872 964007635 932009558 135325878 137959314 TO ENRICH PEOPLE'S LIVES ONE EXPERIENCE AT A TIME. 0 0 MEETS THE FINANCIAL NEEDS OF ITS MEMBERS BY OFFERING LOANS, DEPOSITS, AND OTHER FINANCIAL PRODUCTS. OFFERS AUTOMATED TELLER MACHINES, DEBIT CARDS, MONEY ORDERS, CHECK CASHING, TRAVELERS CHECKS, OVERDRAFT PROTECTION/COURTESY PAY, BILL PAY, AND VARIOUS INSURANCE AND INVESTMENT PROGRAMS. PROVIDES FINANCIAL EDUCATION BY OFFERING FINANCIAL HEALTH SEMINARS AND SERVICES SUCH AS CREDIT SCORE ANALYSIS, CAR BUYING 101, BUDGET PLANNING AND MORE. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 13466 0 1 320 1 1 1 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 1 1 1 1 1 0 X JONATHAN E HASKETT JR 4099245012 3535 CALDER AVE BEAUMONT TX 77706 GARY WALDROP CHAIRMAN 1.00 0.00 X X 0 0 0 RICHARD HEGELE 1ST VICE CHAIRMAN 1.00 0.00 X X 0 0 0 TONY LUCENTI 2ND VICE CHAIRMAN 1.00 0.00 X X 0 0 0 PAUL WHEELINGTON SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 RICHARD D NEWTON SUPERVISORY COMMITTEE CHAIR 1.00 0.00 X X 0 0 0 CODY BURRELL DIRECTOR 1.00 0.00 X 0 0 0 RAUL LITO MORALES DIRECTOR 1.00 0.00 X 0 0 0 FLOYD PRICE DIRECTOR 1.00 0.00 X 0 0 0 BRANDON RASCOE DIRECTOR 1.00 0.00 X 0 0 0 BRICE ALLEN DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 JOHN DOUCET PRESIDENT/CEO 40.00 0.00 X 409082 0 48816 JONATHAN E HASKETT JR CHIEF FINANCIAL OFFICER 40.00 0.00 X 228371 0 38213 KEISHA SMITH CHIEF EXPERIENCE OFFICER 40.00 0.00 X 234081 0 32841 LADEDRA JONES CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 214872 0 31965 PHILLIP BRENT CHIEF LEGAL COUNSEL 40.00 0.00 X 241749 0 24948 CODY BUCHHOLZ CHIEF MARKETING OFFICER 40.00 0.00 X 184602 0 30300 LISA MILLER CHIEF OPERATING OFFICER - PART YEAR 40.00 0.00 X 190471 0 18231 LANA FLOYD VP OF CONSUMER LENDING 40.00 0.00 X 161274 0 23625 PIERCE HARRINGTON AVP SR. COMMERCIAL LENDER 40.00 0.00 X 171030 0 25544 ALLISON DEYOUNG VP OF HUMAN RESOURCES 40.00 0.00 X 120245 0 25858 DUSTIN WILLIAMS VP OF ACCOUNTING & FINANCE 40.00 0.00 X 131133 0 10664 JACOB WILLS VP OF VIRTUAL SERVICES - PART YEAR 40.00 0.00 X 115019 0 17014 SHANE PERKINS VP OF IS&T - PART YEAR 40.00 0.00 X 127396 0 21857 DALE FONTENOT SEN. SYSTEMS AND APP. PROGRAMMER 40.00 0.00 X 123820 0 18611 2653145 0 368487 14 0 1 0 NCR 14181 COLLECTIONS CENTER DR CHICAGO IL 60693 ONLINE & MOBILE BANKING 1971433 GERALD CONDON PROPERTIES LTD 550 IH SOUTH STE 101 BEAUMONT TX 77707 GENERAL CONTRACTOR 1328209 JACK HENRY & ASSOCIATES 663 W HWY 60 MONETT MO 65708 CORE SYSTEM 929449 SOFTCHOICE CORP 16609 COLLECTIONS CENTER DR CHICAGO IL 60693 CLOUD SERVICES 430524 DISCOVERY INFORMATION TECHNOLOGIES INC 904 HIGHWAY 69 NEDERLAND TX 77627 DATA AND COMMUNICATIONS 265277 28 LOAN INTEREST 522100 8618322 8618322 FEES, CHARGES, OTHER 522100 4166267 4166267 12784589 1544331 1544331 65136 21361 43775 43775 43775 NON-MEMBER ATM INCOME 525990 20127 20127 20127 14392822 14328920 20127 43775 10389 422625 3317657 101372 967296 245327 15942 32726 53765 319904 2228219 436551 24718 -42839 1627803 448125 60331 PROVISION FOR LOAN LOSS 1113226 LOAN SERVICING 318416 FED FEE & PROFESSIONAL 57833 11759386 12457894 12844808 108118674 77662243 1070645 227195 3913325 785335723 791288767 1590203 1525380 61583018 19863323 41616598 41719695 105111552 102771599 11394161 8876700 32638063 29139160 1099333513 1069968872 11216252 12234988 21618 13511 952769765 919761059 964007635 932009558 X 0 0 0 0 135325878 137959314 135325878 137959314 1099333513 1069968872 2633436 0 X X 0 1 X 1 0 0 1 X 12658897 12658897 35251707 9272774 25978933 78961 78961 0 13593453 10511588 3081865 41719695 MEMBERS' SHARES AND SAVINGS ACCOUNTS 829148059 NONMEMBER CERTIFICATES OF DEPOSIT 22613000 BORROWINGS FROM FHLB 68000000 919761059 80771775 66378953 66378953 14392822 0 14392822 63784754 52025368 52025368 11759386 0 11759386 PART IV, LINE 2B: ESCROW ACCOUNTS ARE MAINTAINED FOR MORTGAGE LOANS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR 18 MONTH AUDITED STATEMENT OF OPERATIONS 66,357,592. RENTAL EXPENSES 21,361. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR 18 MONTH AUDITED STATEMENT OF OPERATIONS 52,004,007. RENTAL EXPENSES 21,361. 0 BOYS HAVEN OF AMERICA 3655 N MAJOR DR BEAUMONT TX 77713 741272403 501(C)(3) 5389 0 FUNDRAISER 1 0 PART I, LINE 2: WE PARTNER WITH AND HELP SPONSOR NON-PROFIT ORGANIZATIONS THAT ARE GIVING BACK IN OUR COMMUNITIES. X 1 1 X 0 1 0 JOHN DOUCET PRESIDENT/CEO 398214 0 10868 0 0 0 37362 0 11454 0 457898 0 0 0 KEISHA SMITH CHIEF EXPERIENCE OFFICER 228656 0 5425 0 0 0 25969 0 6872 0 266922 0 0 0 PHILLIP BRENT CHIEF LEGAL COUNSEL 235893 0 5856 0 0 0 18586 0 6362 0 266697 0 0 0 JONATHAN E HASKETT JR CHIEF FINANCIAL OFFICER 222831 0 5540 0 0 0 27872 0 10341 0 266584 0 0 0 LADEDRA JONES CHIEF TECHNOLOGY OFFICER 209524 0 5348 0 0 0 31965 0 0 0 246837 0 0 0 CODY BUCHHOLZ CHIEF MARKETING OFFICER 179910 0 4692 0 0 0 14537 0 15763 0 214902 0 0 0 LISA MILLER CHIEF OPERATING OFFICER - PART YEAR 189831 0 640 0 0 0 11257 0 6974 0 208702 0 0 0 PIERCE HARRINGTON AVP SR. COMMERCIAL LENDER 169899 0 1131 0 0 0 14093 0 11451 0 196574 0 0 0 LANA FLOYD VP OF CONSUMER LENDING 157500 0 3774 0 0 0 23625 0 0 0 184899 0 0 0 PART I, LINE 1A BOARD OF DIRECTORS ARE ALLOWED TO BRING THEIR PARTNER WITH THEM. THE CREDIT UNION PAYS FOR AIRLINE TRAVEL IF IT REQUIRES FLYING AND THEY GET A DAILY PER DIEM. THIS IS NOT INCLUDED IN TAXABLE WAGES. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F) SUPPLEMENTAL NON-QUALIFIED DEFERRED COMPENSATION PLAN BUT DID NOT RECEIVE A DISTRIBUTION OR HAVE AN AMOUNT VEST IN THE PLAN. UNDER THE PLAN, AMOUNTS ARE SUBJECT TO CLIFF VESTING. JONATHAN E HASKETT JR KEISHA SMITH LADEDRA JONES IN ADDITION, JOHN DOUCET PARTICIPATED IN A SPLIT DOLLAR COLLATERAL INSURANCE SUPPEMENTAL RETIREMENT PLAN - THE LOAN RELATED TO THIS PLAN IS SHOWN ON SCHEDULE L. JOHN DOUCET PRESIDENT/CEO SPLIT DOLLAR LIFE INSURANCE LOAN X 3750000 3913325 0 1 1 3913325 FORM 990, PART VI, SECTION A, LINE 6 ALL ACCOUNT HOLDERS ARE REFERRED TO AS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A OUR MEMBERSHIP VOTES ON OUR BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B MEMBERS CAN CALL A SPECIAL MEETING, NOMINATE SOMEONE TO FILL A VACANCY ON THE BOARD, AND RECALL A DIRECTOR OR THE ENTIRE BOARD FORM 990, PART VI, SECTION B, LINE 11B A REVIEW IS CONDUCTED BY THE CFO PRIOR TO SUBMISSION TO THE IRS. THE RETURNS ARE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES SIGN AN ACKNOWLEDGEMENT OF THE CREDIT UNION POLICIES UPON HIRE WITH EACH REVISION. CONFLICT OF INTEREST IS INCLUDED. BOARD MEMBERS SIGN A CODE OF ETHICS AGREEMENT WHICH SPECIFICALLY ADDRESSES CONFLICT OF INTEREST. EMPLOYEES ARE MONITORED BY SUPERVISOR TO ENSURE POLICY COMPLIANCE. DIRECTORS EXCUSE THEMSELVES FROM VOTING IF THERE IS A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION'S VP OF HUMAN RESOURCES USES THE SYSTEM COMPEASE TO GRADE EACH POSITION AND GET SALARY RANGES FOR EACH POSITION THAT IS REVIEWED BY OUR SALARY COMMITTEE AND APPROVED EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIALS ARE POSTED IN ALL LOBBIES. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2B: THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS COVER THE 18 MONTHS ENDED DECEMBER 31, 2022. THE CREDIT UNION BECAME A STATE CHARTERED CREDIT UNION, EFFECTIVE OCTOBER 1, 2022, AND AS SUCH THE SHORT YEAR FORM 990 IS BEING FILED TO REFLECT INCOME STATEMENT ACTIVITY FOR THE THREE MONTH PERIOD FROM OCTOBER 1, 2022 TO DECEMBER 31, 2022. FORM 990, PART X, LINE 5 AND SCHEDULE L: SCHEDULE L IS NOT REQUIRED FOR LOANS RECEIVABLE BALANCES ON FORM 990, PART X, LINE 5 IF THE LOANS ARE MADE BY THE CREDIT UNION TO THE DIRECTORS, OFFICERS, AND KEY EMPLOYEES ON THE SAME TERMS OFFERED TO OTHER MEMBERS OF THE CREDIT UNION. THEREFORE, THE CREDIT UNION HAS INCLUDED $3,069,941 OF RECEIVABLES FROM CURRENT OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES FOR YEAR ENDED DECEMBER 31, 2022 WITHIN FORM 990, PART X, LINE 7.