2024-09-26T17:34:07-05:00 2023-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2023-01-01 396086299 BLACKHAWK COMMUNITY CREDIT UNION BLAC 6087556065 2640 W COURT STREET PO BOX 5366 JANESVILLE WI 535475366 LISA PALMA CEO 6087556065 2024-09-23 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2024-09-23 2023 2024-08-08 14:25:15Z LISA PALMA 2640 W COURT STREET PO BOX 5366 JANESVILLE WI 535475366 44704179 0 2157 X WWW.BHCCU.ORG X 1965 WI BLACKHAWK COMMUNITY CREDIT UNION IS A STATE CHARTERED CREDIT UNION IN WISCONSIN ORGANIZED FOR THE PURPOSE OF PROVIDING DEPOSIT ACCOUNTS, LOAN ACCOUNTS, AND TRANSACTION SERVICES TO ITS MEMBERS. OUR MISSION IS TO PROVIDE STRAIGHTFORWARD AND HELPFUL FINANCIAL MANAGEMENT TOOLS THROUGH PERSONALIZED SERVICE THAT PROMOTES AND SUPPORTS OUR MEMBERS' FINANCIAL WELL-BEING. 7 7 213 7 40602 0 0 3457255 30148223 33930093 4596708 7238778 20585 4421 34765516 44630547 40917 37646 0 0 13958414 16322864 0 0 0 10037247 15049083 24036578 31409593 10728938 13220954 819730736 814064230 758837096 735207770 60893640 78856460 X BLACKHAWK COMMUNITY CREDIT UNION IS A STATE CHARTERED CREDIT UNION IN WISCONSIN ORGANIZED FOR THE PURPOSE OF PROVIDING DEPOSIT ACCOUNTS, LOAN ACCOUNTS, AND TRANSACTION SERVICES TO ITS MEMBERS. OUR MISSION IS TO PROVIDE STRAIGHTFORWARD AND HELPFUL FINANCIAL MANAGEMENT TOOLS THROUGH PERSONALIZED SERVICE THAT PROMOTES AND SUPPORTS OUR MEMBERS' FINANCIAL WELL-BEING. 0 0 BHCCU HAS ENCOURAGED THRIFT AMONG ITS 44,887 MEMBERS AND PROVIDES A FAIR AND REASONABLE CREDIT SOURCE TO EACH OF THOSE MEMBERS. 0 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23783 0 1 213 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X MATTHEW WOHLERS 6087556065 2640 W COURT STREET PO BOX 5366 JANESVILLE WI 535475366 JOHN JENKS CHAIRPERSON 2.00 X X 2139 0 0 ERIC ENTRINGER VICE CHAIRPERSON 2.00 X X 1599 0 0 SARAH FERGE SECRETARY 2.00 X X 1269 0 0 EDMUND HALABI TREASURER 2.00 X X 1349 0 0 MARC AUSBERGER DIRECTOR 2.00 X 889 0 0 DANIEL JACKSON DIRECTOR 2.00 X 809 0 0 NANCY RICHARDSON DIRECTOR 2.00 X 880 0 0 LISA PALMA CEO 40.00 X 519155 0 45886 MATT WOHLERS EXECUTIVE VP & CAO 40.00 X 423434 0 46806 DAN KINDL VP-LENDING PRODUCTION 40.00 X 168971 0 19482 LESLIE HULICK SENIOR VP-ADMIN & CAO (THRU 9/23) 40.00 X 215226 0 7878 BENJAMEN GMEINDER VP-CONTROLLER 40.00 X 230947 0 21186 GLEN NEELY INVESTMENT ADVISOR 40.00 X 212578 0 44422 LINDSEY DEBARTELO SENIOR VP-OPERATIONS & COO 40.00 X 304924 0 25116 2084169 0 210776 29 0 1 0 PSCU 560 CARILLON PKWY ST ST PETERSBURG FL 33716 CREDIT CARD PROCESSING 1462006 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 IT SERVICES 1145996 MKR LLC 1405 RIVERSIDE ST STE 130A JANESVILLE WI 53548 PROPERTY MAINTENANCE 443600 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 IT SERVICES 312854 PARAGON DEVELOPMENT SYSTEMS INC PO BOX 772990 DETROIT MI 48277 IT SERVICES 188432 16 3457255 3457255 INTEREST ON LOANS 522100 26158600 26158600 FEE INCOME 522100 2678330 2678330 CREDIT & DEBIT CARD INCOME 522100 2391110 2391110 MORTGAGE INCOME 522100 1066850 1066850 ATM INCOME 522100 708854 669246 39608 926349 925355 994 33930093 7312410 7312410 26506 47126 -26506 -47126 -73632 -73632 4421 4421 4421 44630547 33889491 40602 7243199 17646 20000 1044215 11694703 581041 2065014 937891 23807 79956 11283 714712 529780 983581 2000782 1080906 64811 9662 1186 1327482 171408 DIVIDENDS ON MEMBER SHA 5266538 LOAN & CLOSING COSTS 1357351 CREDIT LOSS EXPENSE FOR 598224 EDUCATION AND TRAINING 161495 666119 31409593 10498747 10101073 99513103 140815929 2047090 2016759 540568290 532263626 1036234 1225448 41246027 25479061 16311496 15766966 129504226 88034485 5282186 4785186 14969364 19054758 819730736 814064230 12697964 15541352 1541139 1358836 744597993 718307582 758837096 735207770 X 0 0 0 0 60893640 78856460 60893640 78856460 819730736 814064230 X 13220954 2721915 2019951 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3798836 3798836 19466623 9973493 9493130 991833 705981 285852 16770878 14799587 1971291 217857 217857 15766966 MEMBER SHARES AND DEPOSITS 718307582 718307582 PART IV, LINE 2B: THE CREDIT UNION SERVICES MORTGAGE LOANS. CUSTODIAL ESCROW BALANCES ARE MAINTAINED IN CONNECTION WITH THESE LOANS. 1 0 0 SCHOLARSHIPS 4 20000 PART I, LINE 2: GRANT FUNDS RECEIVED ARE PLACED INTO A SEPARATE ACCOUNT AND OFFSET BY AUTHORIZED EXPENDITURES. X X X 1 0 0 LISA PALMA CEO 368189 0 150000 0 966 0 16500 0 29386 0 565041 0 0 0 MATT WOHLERS EXECUTIVE VP & CAO 271989 0 150100 0 1345 0 16500 0 30306 0 470240 0 0 0 LINDSEY DEBARTELO SENIOR VP-OPERATIONS & COO 219025 0 85100 0 799 0 15234 0 9882 0 330040 0 0 0 GLEN NEELY INVESTMENT ADVISOR 196133 0 15100 0 1345 0 11066 0 33356 0 257000 0 0 0 BENJAMEN GMEINDER VP-CONTROLLER 154086 0 76100 0 761 0 11541 0 9645 0 252133 0 0 0 LESLIE HULICK SENIOR VP-ADMIN & CAO (THRU 9/23) 144325 0 10100 0 60801 0 7723 0 155 0 223104 0 0 0 DAN KINDL VP-LENDING PRODUCTION 141269 0 26100 0 1602 0 8377 0 11105 0 188453 0 0 0 PART I, LINE 4A LESLIE HULICK RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $60,154 DURING 2023. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY MEMBERS UTILIZING THEIR ONE VOTE PER MEMBER. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND APPROVED BY THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THERE IS A CODE OF CONDUCT FORM FILED BY EACH EMPLOYEE AND DIRECTOR. A CONFLICT SHOULD BE REPORTED TO THE BOARD. A DIRECTOR WILL NOT PARTICIPATE IN THE DELIBERATION, APPROVAL, OR PROCESSING OF ANY TYPE OF LOAN IN WHICH HE/SHE HAS A DIRECT OR INDIRECT INTEREST. A DIRECTOR WILL ALSO REFRAIN FROM VOTING ON ANY ISSUES RELATED TO A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PURCHASES THE STATE AND NATIONAL COMPENSATION SURVEYS FOR ALL MANAGEMENT LEVEL POSITIONS ANNUALLY. THE SURVEYS AND PAY RANGES ARE REVIEWED & UPDATED ANNUALLY AND SALARIES ARE ADJUSTED AS NECESSARY. IF THEY ARE CONSISTENT WITH THE RANGE, THEY ARE ADJUSTED BASED ON MERIT WITHIN THE SALARY INCREASE POOL AS BUDGETED. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE ON THE NCUA WEBSITE, IN THE LOBBY OF THE BRANCHES, AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN OTHER COMPREHENSIVE INCOME 2,019,951.