2024-11-13T09:10:37-06:00 2023-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 848 MINOT ND 587020848 990 2023-01-01 450278124 TOWN & COUNTRY CREDIT UNION TOWN 7018522018 PO BOX 2046 MINOT ND 587022046 JAY LANDSIEDEL CFO 7018522018 2024-10-30 1 1 RYAN E BAKKE CPA P01086599 7018520196 2024-10-30 2023 2024-10-15 13:58:12Z JAY LANDSIEDEL PO BOX 2046 MINOT ND 587022046 38523103 0 X WWW.TOWNANDCOUNRTY.ORG X 1939 ND TO BUILD TRUSTED FINANCIAL RELATIONSHIPS THROUGH PERSONALIZED SERVICE 7 7 215 7 1553786 522717 0 0 28033911 35311541 1368059 3095614 112881 96000 29514851 38503155 0 0 0 0 14304237 16955980 0 0 0 10695829 17396394 25000066 34352374 4514785 4150781 637609134 684358285 558025543 600634258 79583591 83724027 THE MISSION OF TOWN & COUNTRY CREDIT UNION IS TO BUILD TRUSTED FINANCIAL RELATIONSHIPS THROUGH PERSONALIZED SERVICE. 0 0 NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 8506 0 1 215 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X JAY LANDSIEDEL 7018522018 PO BOX 2046 MINOT ND 587022046 BRIAN NELSON DIRECTOR 1.00 X 0 0 0 DAVID RIPPLINGER DIRECTOR 1.00 X 0 0 0 JAN KOSTAD DIRECTOR 1.00 X 0 0 0 BRAD HOULE CEO 40.00 X 394104 0 54601 DELRAE GEINERT VICE CHAIRMAN 1.00 X 0 0 0 JAY LANDSIEDEL CFO 40.00 X 341808 0 38857 JEFF STREMICK SECRETARY/TREASURER 1.00 X 0 0 0 KEVIN HARMON CHAIRMAN 1.00 X 0 0 0 ADAM SILBERNAGEL CIO 40.00 X 282336 0 52384 FRED BEUCHLER CLO 40.00 X 378582 0 56178 KALLI SCHELL COO 40.00 X 453978 0 48611 MORTGAGE LOAN OFFICERS2 INDIVIDUALS MORTGAGE LOAN ORIGINATOR 40.00 X 519975 0 109163 2370783 0 359794 38 0 1 0 HIGHT CONSTRUCTION LLC PO BOX 458 MINOT ND 58702 CONSTRUCTION 2454477 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 HOME BANKING, MOBILE BANKING PRODUCT 365349 ACCELERATED GREEN WORKS PO BOX 603 WEST FARGO ND 58078 LAWN SERVICE 234597 CONSOLIDATED COMMUNICATIONS PO BOX 3248 MANKATO MN 56002 TELEPHONE, INTERNET, DATA LINE COMMUNICA 174735 LKCS 4130 PLANK ROAD PERU IL 61354 STATEMENT PROVIDER, NEW WEBSITE DEVELOPE 164146 7 INTEREST ON LOANS 522100 27113829 27113829 SERVICE FEES 522100 3759226 2356604 1402622 NET GAIN ON SALES OF LOANS 522100 1926102 1926102 INSURANCE INCOME 524292 291002 291002 EXTENDED WARRANTIES 522100 55164 55164 2166218 2166218 35311541 3080429 3080429 96000 0 96000 96000 96000 2458 32675 0 19948 2458 12727 15185 15185 38503155 33853755 1553786 3095614 735912 13306512 771612 1249807 892137 81306 790880 3562656 1218134 567858 7767999 999674 UNRELATED BUSINESS INCO 66980 VISA 942480 PROFESSIONAL FEES 644125 LOAN SERVICE EXPENSE 337662 416640 34352374 11675120 10407334 90278902 47153750 508471565 595416828 625407 626890 24361026 9768286 11719928 14592740 3800553 3032517 11037659 13128226 637609134 684358285 6106923 6977721 551918620 593656537 558025543 600634258 X 0 0 0 0 79583591 83724027 79583591 83724027 637609134 684358285 X 4150781 -10344 X X 0 1 X 1 0 0 3913759 3913759 15457298 6526315 8930983 32255 2906 29349 4957714 3239065 1718649 14592740 MEMBER SHARES 280807816 SAVINGS CERTIFICATES 200614628 MONEY MARKETS 112234093 593656537 X PART X, LINE 2: THE CREDIT UNION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE CREDIT UNION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINIATION. THE FEDERAL INCOME TAX RETURNS OF THE CREDIT UNION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X X 0 0 0 MORTGAGE LOAN OFFICERS2 INDIVIDUALS MORTGAGE LOAN ORIGINATOR 237895 0 281110 0 970 0 39113 0 70050 0 629138 0 0 0 KALLI SCHELL COO 313551 0 134817 0 5610 0 23100 0 25511 0 502589 0 0 0 BRAD HOULE CEO 393647 0 0 0 457 0 23100 0 31501 0 448705 0 0 0 FRED BEUCHLER CLO 286284 0 86938 0 5360 0 24677 0 31501 0 434760 0 0 0 JAY LANDSIEDEL CFO 253049 0 81383 0 7376 0 23100 0 15757 0 380665 0 0 0 ADAM SILBERNAGEL CIO 203864 0 73112 0 5360 0 20883 0 31501 0 334720 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS OWNED BY ITS MEMBERS, WHO ARE CUSTOMERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MADE BY THE BOARD MEMBERS ARE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT, CFO, AND CONTROLLER REVIEW THE TAX RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS APPROVED IN AN EXECUTIVE SESSION OF THE BOARD OF DIRECTORS. A CUNA SALARY SURVEY IS UTILIZED TO ASSIST THE BOARD IN THE DECISION. IN ADDITION, OPERATIONAL AND FINANCIAL GOALS ARE REVIEWED AND DISCUSSED, AND AN ANNUAL SALARY IS ESTABLISHED. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 1 THERE IS AN EXECUTIVE COMMITTEE COMPOSED OF THE OFFICERS OF THE BOARD OF DIRECTORS. THIS EXECUTIVE COMMITTEE HAS THE ABILITY TO ACT ON ISSUES NOT CONSIDERED NECESSARY TO BRING TO THE ATTENTION OF THE FULL BOARD OF DIRECTORS. FORM 990, PART XI, LINE 9: LOSS ON INVESTMENT IN CONTROLLED ENTITY CUSO -10,344. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS. TOWN & COUNTRY CUSO INC 615 SOUTH BROADWAY MINOT ND 58701 450449588 INSURANCE AGENCY ND TOWN & COUNTRY CREDIT UNION C 5979359 2259840 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 TOWN & COUNTRY CUSO INC A 24381 ACTUAL PAYMENTS TOWN & COUNTRY CUSO INC J 96000 ACTUAL PAYMENTS TOWN & COUNTRY CUSO INC Q 1388840 ACTUAL PAYMENTS TOWN & COUNTRY CUSO INC D 0 YEAR END LOAN BALANCE