2024-11-14T10:31:29-06:00 2023-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2023-01-01 610575996 MEMBERS HERITAGE CREDIT UNION INC MEMB 8592593466 440 PARK PLACE LEXINGTON KY 40511 PAT FERRY PRESIDENT 8592593466 2024-11-14 1 1 KATHY M MOSELEY P00116760 5138713033 2024-11-14 2023 2024-10-15 13:58:12Z PAT FERRY 440 PARK PLACE LEXINGTON KY 40511 27785525 0 X WWW.MEMBERSHERITAGE.ORG X 1960 KY THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT TO ITS MEMBERS. 5 5 102 15 54813 0 0 0 17163615 22110760 3106575 5674765 0 0 20270190 27785525 0 0 0 0 7054746 7206710 0 0 0 9736941 15841932 16791687 23048642 3478503 4736883 509009482 522298717 454336860 461809851 54672622 60488866 THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 0 0 PROVIDE FINANCIAL SERVICES TO MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10213 0 1 102 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JEFFREY MARSHALL 8592593466 440 PARK PLACE LEXINGTON KY 40511 BOBBY A FLYNN CHAIRMAN 2.00 X X 0 0 0 MANLUS BURTON TREASURER 2.00 X X 0 0 0 MIKE PROCTOR VICE CHAIRMAN 2.00 X X 0 0 0 MIKE HARDING SECRETARY 2.00 X 0 0 0 MICHELLE THOMAS DIRECTOR 2.00 X 0 0 0 NATHAN MCCONATHY ASSOCIATE DIRECTOR 2.00 X 0 0 0 PATRICK H FERRY PRESIDENT 40.00 X 310116 0 6226 SHERRI BLAKEMAN VICE PRESIDENT 40.00 X 171659 0 3464 DENNIS WEISKIRCHER IS MANAGER 40.00 X 105558 0 2512 JEFFREY MARSHALL CONTROLLER 40.00 X 171716 0 3426 JANICE PHILLIPS VP OF LENDING 40.00 X 112926 0 2462 KRISTIE FARMER VP OF SERVIE 40.00 X 103439 0 0 975414 0 18090 6 0 1 0 CDW LLC 200 NORTH MILWAUKEE AVENUE VERNON HILLS IL 60061 SOFTWARE AND TECH SERVICES 408410 ALLIED SOLUTIONS LLC 350 VETERANS WAY SUITE 200 CARMEL IN 46032 LOAN INSURANCES 312562 STOLL KEENON & OGDEN 300 W VINE ST STE 2100 LEXINGTON KY 40507 LEGAL EXPENSES 252133 UNIFIED TECHNOLOGIES LLC PO BOX 99889 LOUISVILLE KY 40269 SOFTWARE AND TECH SERVICES 231448 SIMPLIFIT 1807 W DIEHL RD STE220 NAPERVILLE IL 60563 IT CONSULTING 196263 6 INTEREST ON LOANS 522291 17027958 17027958 OTHER INCOME 522299 5082802 5027989 54813 22110760 5674765 5674765 27785525 22055947 54813 5674765 X 666607 4825773 707226 602886 404218 14226 79557 1664569 265401 4319337 1222421 78919 69730 5974433 614298 119270 PROVISION OF LOAN LOSSE 600000 MISCELLANEOUS 448644 DUES AND SUBSCRIPTIONS 205247 LOAN SERVICING EXPENSES 165880 23048642 91061918 81359011 327362426 360540908 13134330 7067626 3794642 6066704 75263346 64392420 11527150 9939674 509009482 522298717 2235001 2875093 452101859 458934758 454336860 461809851 X 0 0 0 0 54672622 60488866 54672622 60488866 509009482 522298717 X 4736883 1079361 X X 0 1 X 1 0 1151209 1151209 5714887 3564915 2149972 275721 275721 5817432 3342063 2475369 175081 160648 14433 6066704 AFS SECURITIES 40127868 F DEPOSITS IN CORPORATE CENTRALS 6311351 C OTHER SHARE DEPOSITS 13535614 C INVESTMENT IN MEMBERS INSURANCE 26892 C NCUSIF CAPITALIZATION DEPOSIT 4390695 C 64392420 MEMBERS' SHARES AND DEPOSITS 458934758 458934758 X PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. X 0 0 0 PATRICK H FERRY PRESIDENT 310116 0 0 0 0 0 6226 0 0 0 316342 0 0 0 JEFFREY MARSHALL CONTROLLER 171716 0 0 0 0 0 3426 0 0 0 175142 0 0 0 SHERRI BLAKEMAN VICE PRESIDENT 171659 0 0 0 0 0 3464 0 0 0 175123 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS REQUIRED BY THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO VOTE ANNUALLY TO ELECT BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT. AN ELECTRONIC COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE HUMAN RESOURCES MANAGER REQUIRES CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT FORMS SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DOES AN ANNUAL REVIEW UTILIZING PERFORMANCE PRO SOFTWARE. COMPEASE SOFTWARE IS USED TO DETERMINE APPROPRIATE SALARY. ALL REVIEWS ARE CONDUCTED BY APPROPRIATE SUPERVISORS/MANAGERS USING PERFORMANCE PRO SOFTWARE WITH SALARIES DETERMINED WITHIN COMPEASE SOFTWARE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 1,664,569. FORM 990, PART XI, LINE 9: NET UNRECOGNIZED PENSION PLAN COSTS 1,079,361. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 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