2024-11-15T18:56:50-05:00 2023-12-31 431109768 KPM CPAS PC 1445 E REPUBLIC RD SPRINGFIELD MO 65804 990 2023-01-01 440538278 TELCOMM CREDIT UNION TELC 4178865355 2155 E SUNSHINE SPRINGFIELD MO 65804 JESSICA SHORNEY PRESIDENT/CEO 4178865355 2024-11-15 true false ANDREW C CLEMENS CPA P00227852 4178824300 2024-11-15 2023 2024-10-15 13:58:12Z JESSICA SHORNEY 2155 E SUNSHINE SPRINGFIELD MO 65804 17606780 false X TELCOMMCU.COM X 1940 MO MEMBER OWNED COOPERATIVE DEDICATED TO PROVIDING HIGH QUALITY FINANCIAL SERVICES TO ITS MEMBERS 10 10 100 12 82860 0 12525115 15872999 1026199 1726581 11950 7200 13563264 17606780 6876 6590 0 4010393 4770712 0 0 6339297 10154568 10356566 14931870 3206698 2674910 273963242 298879579 241577741 263466710 32385501 35412869 X AS A MEMBER OWNED COOPERATIVE, THIS CREDIT UNION IS DEDICATED TO PROVIDING HIGH QUALITY FINANCIAL SERVICES TO THE MEMBERS, REMAINING RESPONSIVE TO MEMBER NEEDS AND GOALS, AND PURSUING THE PHILOSOPHY OF "PEOPLE HELPING PEOPLE" WITHIN THE CONSTRAINTS OF SOUND BUSINESS PRACTICES. false false THE CREDIT UNION PROVIDES SAVINGS AND LOAN SERVICES AS WELL AS OTHER FINANCIAL SERVICES TO APPROXIMATELY 23,475 MEMBERS AT COMPETITIVE RATES TO IMPROVE THEIR ECONOMIC CONDITION. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 3975 0 true 100 true true true false false false false false false false X 10 10 false false false false true true false true true false true true true true true true true true true false false X JESSICA SHORNEY 4178865355 2155 E SUNSHINE SPRINGFIELD MO 65804 JESSICA SHORNEY PRESIDENT/CE 40.00 X 198548 0 29275 CHRIS GLENN CHIEF LENDIN 40.00 X 131469 0 21181 BETH HYLSKY CFO 40.00 X 135713 0 6565 JENNIFER SWEENEY COO 40.00 X 121626 0 17464 GREGORY ECK CHAIRMAN 1.00 X X 0 0 0 RON BARBER VICE CHAIRMA 1.00 X X 0 0 0 DAVID ROPER SECRETARY/TR 1.00 X X 0 0 0 STEVE WOODALL BOARD MEMBER 1.00 X 0 0 0 MATT BEDINGHAUS BOARD MEMBER 1.00 X 0 0 0 CHRIS GEORGE BOARD MEMBER 1.00 X 0 0 0 LARRY HARMON BOARD MEMBER 1.00 X 0 0 0 DUDE MELTON BOARD MEMBER 1.00 X 0 0 0 BOB NETZER BOARD MEMBER 1.00 X 0 0 0 MARK LOSH BOARD MEMBER 1.00 X 0 0 0 587356 74485 4 false true false LANVERA 112 WRANGLER DR STE 150 COPPELL TX 75019 COMMUNICATIONS 130515 1 INTEREST ON LOANS 522291 12262769 12262769 FEES AND CHARGES 525990 1633791 1633791 CREDIT CARD INCOME 522210 1593994 1593994 OTHER INCOME 525990 228035 228035 INSURANCE COMMISSIONS 524298 71550 71550 82860 82860 15872999 1726581 1726581 7200 7200 7200 7200 17606780 15790139 82860 1733781 6590 661841 3142552 153837 524475 288007 1827 41327 126601 481084 1695740 184024 381438 32269 51485 3770116 437047 69628 DATA PROCESSING 1109007 PROVISION FOR LOAN LOSS 962163 ATM/CC PROCESSING 642604 TAXES 128888 39320 14931870 0 0 0 2260617 1891550 10448175 12467055 193981184 208225042 426886 450629 19010473 5732698 5857115 13277775 46739142 48834728 2739000 1495000 2145955 2417488 9365168 9820312 273963242 298879579 2903278 2650115 238674463 260816595 241577741 263466710 X 32385501 35412869 32385501 35412869 273963242 298879579 X 2674910 541120 -188662 X false false false 1929538 1929538 7070519 3126854 3943665 3293007 2605844 687163 6717409 6717409 13277775 MEMBERS SHARES & CERTIFICATES 259162924 UNAPPLIED DATA PROCESSING 1653671 260816595 X X X false false false JESSICA SHORNEY PRESIDENT/CEO 198548 5956 23319 227823 CHRIS GLENN CHIEF LENDING OFFICE 125549 5920 3939 17242 152650 FORM 990 - ORGANIZATION'S MISSION AS A MEMBER OWNED COOPERATIVE, THIS CREDIT UNION IS DEDICATED TO PROVIDING HIGH QUALITY FINANCIAL SERVICES TO THE MEMBERS, REMAINING RESPONSIVE TO MEMBER NEEDS AND GOALS, AND PURSUING THE PHILOSOPHY OF "PEOPLE HELPING PEOPLE" WITHIN THE CONSTRAINTS OF SOUND BUSINESS PRACTICES. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE CREDIT UNION ARE CONSIDERED TO BE THE OWNERS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBERS FOR THREE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS GIVEN TO THE PRESIDENT AND THE BOARD FOR REVIEW. AFTER REVIEWING THE RETURN, THE PRESIDENT SIGNS THE E-FILE AUTHORIZATION FORM, AND IT IS E-FILED WITH THE IRS. A COPY OF THE FINAL RETURN IS INCLUDED AT THE NEXT MONTHLY BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND DIRECTORS ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THE OFFICER/DIRECTOR ABSTAINS FROM DISCUSSION AND VOTING ON MATTERS WITH CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT PERFORMANCE AND COMPENSATION REVIEW COMMITTEE IS SELECTED FROM THE MEMBERS OF THE BOARD. THIS COMMITTEE USES THE CUNA COMPENSATION SURVEY, OTHER DEMOGRAPHIC COMPENSATION REPORTS AND THE CREDIT UNION'S PAST PERFORMANCE TO EVALUATE THE APPROPRIATE AMOUNT OF EXECUTIVE COMPENSATION. THE AMOUNT OF EXECUTIVE COMPENSATION IS PROPOSED TO THE BOARD IN A CLOSED DOOR MEETING AND AFTER A DISCUSSION AMONG THE BOARD MEMBERS AN AMOUNT IS APPROVED. FORM 990, PAGE 6, PART VI, LINE 19 COPIES OF THE CREDIT UNION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CECL ADJUSTMENT -188,662