2024-11-15T14:16:04-06:00 2023-12-31 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD SUITE 1100 LOS ANGELES CA 90024 990 2023-01-01 840419976 SOOPER CREDIT UNION SOOP 3034275005 5005 W 60TH AVE ARVADA CO 80003 CHARLIE EMANUEL CFO 3034275005 2024-11-15 1 0 NANAZ BENYAMINI P00748170 3104773924 2024-11-14 2023 2024-10-15 13:58:12Z CLIMB CREDIT UNION DANIEL KESTER 5005 W 60TH AVE ARVADA CO 80003 93546644 0 X WWW.CLIMBCU.ORG X 1951 CO TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS' FINANCIAL WELL-BEING. 10 0 173 0 15612 0 0 0 28390221 40714713 4492016 1840409 19292 15612 32901529 42570734 0 0 0 0 11241548 12875911 0 0 0 12485187 21880768 23726735 34756679 9174794 7814055 632073960 664866439 571267579 596361879 60806381 68504560 TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS'FINANCIAL WELL-BEING. 0 0 THE CREDIT UNION IS OWNED BY APPROXIMATELY 35,000 MEMBERS. THE CREDITUNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS. SOME OF THESESERVICES INCLUDE CONSUMER LENDING, MORTGAGE LENDING, CHECKING ANDSAVINGS ACCOUNTS, AND SHARE CERTIFICATES. THE CREDIT UNION ALSO OFFERSATM, DEBIT AND CREDIT CARDS, IN ADDITION TO OTHER FINANCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 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 1 12338 0 1 173 0 1 1 0 0 0 0 0 0 0 0 0 X 10 0 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X CHARLIE EMANUEL CFO 3034275005 5005 W 60TH AVE ARVADA CO 80003 ADAM WILLIAMSON CHAIRPERSON/DIRECTOR 6.00 X X 18000 0 0 ALMA VAZQUEZ-HERNANDEZ DIRECTOR 3.00 X 9000 0 0 BOB BRUHN TREASURER (UNTIL 05/23) 3.00 X X 4500 0 0 DONETTA DAVIDSON DIRECTOR 3.00 X 9000 0 0 FLOSSIE O'LEARY VICE CHAIR 3.00 X X 9000 0 0 JOHN BODNAR SECRETARY/DIRECTOR 3.00 X X 9000 0 0 LYNN SIERRAS-KRONE DIRECTOR 3.00 X 9000 0 0 MIKE DOSS DIRECTOR 3.00 X X 9000 0 0 PRESTON BRANAUGH DIRECTOR 3.00 X 9000 0 0 ROGER CAMPBELL DIRECTOR 3.00 X 5250 0 0 TONY DAYMIL DIRECTOR 3.00 X 9000 0 0 CARRIE LANGGARD CEO/PRESIDENT 40.00 X 503694 0 29807 CHARLIE EMANUEL CFO 40.00 X 268408 0 19862 CHERISE MEANY VP OF MARKETING 40.00 X 135760 0 18176 GARY ROBBINS CHIEF LENDING OFFICER 40.00 X 277704 0 37099 JOSH HENDERSON VP IT 40.00 X 177012 0 35491 MIRANDA LOTT SVP OF HR 40.00 X 195121 0 17598 NATHAN ROGERS CHIEF STRATEGY OFFICER 40.00 X 259585 0 26852 TERRI RHOADES VP BUSINESS SERVICES 40.00 X 119267 0 8466 DIANE ARTHUR VP OF FINANCE 40.00 X 66357 0 6702 IAIN MCHENRY SVP OF LENDING 40.00 X 70178 0 8866 KENDRA GALLOWAY VP OF PROCESS & PARTNER INNOVATION 40.00 X 138641 0 4394 SUZANNE CARRICK PRODUCT STRATEGIST 40.00 X 107210 0 11630 DOMINGO LORA-MENDOZA AVP OF MEMBER EXPERIENCE 40.00 X 128251 0 17235 SARAH ORTIZ EXECUTIVE BUSINESS PARTNER 40.00 X 104578 0 14070 2651516 0 256248 20 0 1 0 COOP 9692 HAVEN AVE STE 300 RANCHO CUCAMONGA CA 91730 CARD PROCESSING SERVICES 927143 PRODIGY 420 E SOUTH TEMPLE ST SALT LAKE CITY UT 84111 DATA PROCESSOR 776194 Q2 SOFTWARE INC PO BOX 205970 DALLAS TX 753205970 ONLINE BANKING PROVIDER 633809 ENGAGE 5550 E EXECUTIVE DR STE 540 TAMPA FL 33609 CONTRACT CONSULTING SERVICES 415379 LOCKTON PO BOX 123036 DALLAS TX 753123036 INDIRECT AUTO INSURANCE 310232 15 INTEREST ON LOANS TO MEMBERS 522100 34724457 34724457 OTHER INCOME 522100 3803851 3803851 FEES AND CHARGES 522100 2186405 2186405 40714713 1030043 1030043 51786276 50975910 810366 810366 810366 NON-MEMBER ATM FEES 525990 15612 15612 15612 42570734 42555122 15612 0 1847124 8741925 239046 1306262 741554 65113 180375 1098483 517479 4779800 1271957 413613 37927 805570 157524 INTEREST AND DIVIDENDS 8559235 CREDIT LOSS EXPENSE 2721175 LOAN SERVICING EXPENSES 748943 MISCELLANEOUS OTHER EXP 447832 75742 34756679 6122868 5725016 22459405 17873427 620634 733131 2228598 1934887 539653892 577387813 1116032 1535853 18113463 10163206 8453800 7950257 30725863 27748230 2160000 2372000 3084831 3064782 15448037 18541043 632073960 664866439 4456057 6607422 48000000 52706100 518811522 537048357 571267579 596361879 X 0 0 6234401 0 54571980 68504560 60806381 68504560 632073960 664866439 X 7814055 -60295 -55581 X 0 0 0 1364882 1364882 12332994 6436963 5896031 4164683 3726243 438440 250904 250904 7950257 MEMBER SHARES AND DEPOSIT ACCOUNTS 525769357 NON MEMBER DEPOSITS 11279000 537048357 X X X 1 1 0 CARRIE LANGGARD CEO/PRESIDENT 431694 0 72000 0 0 0 10055 0 19752 0 533501 0 0 0 GARY ROBBINS CHIEF LENDING OFFICER 242504 0 35200 0 0 0 10982 0 26117 0 314803 0 0 0 CHARLIE EMANUEL CFO 236088 0 32320 0 0 0 10488 0 9374 0 288270 0 0 0 NATHAN ROGERS CHIEF STRATEGY OFFICER 222781 0 36804 0 0 0 8894 0 17958 0 286437 0 0 0 MIRANDA LOTT SVP OF HR 169921 0 25200 0 0 0 7789 0 9809 0 212719 0 0 0 JOSH HENDERSON VP IT 154612 0 22400 0 0 0 7732 0 27759 0 212503 0 0 0 CHERISE MEANY VP OF MARKETING 117560 0 18200 0 0 0 6003 0 12173 0 153936 0 0 0 PART I, LINES 4A-B PER CONFIDENTIALITY AGREEMENTS SIGNED BY THE ORGANIZATION, SEVERANCE PACKAGES PAID TO EMPLOYEES ARE NOT OPEN FOR PUBLIC INSPECTION. THE ORGANIZATION WILL PROVIDE SUCH INFORMATION REQUESTED BY A GOVERNMENT AGENCY UPON REQUEST. THE CREDIT UNION HAS ESTABLISHED A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR SELECT MEMBERS OF MANAGEMENT UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. EACH MEMBER OF MANAGEMENT WHO IS OFFERED THE PLAN MUST BE CONTINUOUSLY EMPLOYED FOR A CERTAIN NUMBER OF YEARS TO EARN THE DEFERRED COMPENSATION PAYMENT. THERE WERE NO AMOUNTS ACCRUED UNDER THE PLAN FOR 2023. PRESTON BRANAUGH DIRECTOR HOME IMPROVEMENT X 95000 6879 0 1 1 BOB BRUHN TREAURER (UNTIL 05/23) PURCHASE X 28599 16044 0 1 1 CHARLIE EMANUEL CFO REFINANCE X 600000 568706 0 1 1 CHARLIE EMANUEL CFO REFINANCE X 73959 58694 0 1 1 CHARLIE EMANUEL CFO REFINANCE X 75154 74505 0 1 1 CARRIE LANGGARD CEO/PRESIDENT REFINANCE X 335250 261938 0 1 1 CHERISE MEANY VP OF MARKETING REFINANCE X 16964 10028 0 1 1 FLOSSIE OLEARY VICE CHAIR REVOLVING CREDIT LIMIT X 76000 64750 0 1 1 TERRI RHOADES VP BUSINESS SERVICES HELOC RATE LOCK X 70960 64612 0 1 1 GARY ROBBINS CHIEF LENDING OFFICER REFINANCE X 484350 388927 0 1 1 NATHAN ROGERS CHIEF STRATEGY OFFICER EMERGENCY X 77450 15803 0 1 1 ALMA VAZQUEZ-HERNANDEZ DIRECTOR PURCHASE X 34013 33210 0 1 1 ADAM WILLIAMSON CHAIRPERSON/DIRECTOR PURCHASE X 74418 54058 0 1 1 CHARLIE EMANUEL CFO SPLIT DOLLAR LIFE INSURANCE X 130277 316733 0 1 1 1934887 PRODIGY MANAGEMENT OF THE CREDIT UNION SITS ON THE BOARD OF DIRECTORS OF THE ENTITY 776194 CORE PROCESSOR 0 FORM 990, PART VI, SECTION A, LINE 6 PERSONS ELIGIBLE FOR MEMBERSHIP INCLUED EMPLOYEES (AND FAMILY MEMBERS) OF KING SOOPERS, CITY MARKET, AND OTHER BUSINESSES AND MEMBERS OF ASSOCIATIONS GENERALLY IN THE DENVER, COLORADO SPRINGS, AND GRAND JUNCTION, COLORADO AREAS. MEMBERSHIP ALSO INCLUDES PERSONS 55 YEARS OR OLDER LIVING WITHIN 25 MILES OF A SOOPER CREDIT UNION BRANCH. IN 2015, THE CREDIT UNION ADDED PERSONS WHO LIVE OR WORK IN JEFFERSON COUNTY, COLORADO TO ITS FIELD OF MEMBERSHIP. A $5 MINIMUM DEPOSIT IS REQUIRED FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE FOR MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. MERGER-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. CHARTER CONVERSION-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. DISSOLUTION AND LIQUIDATION-REQUIRES MAJORITY VOTE OF ENTIRE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION HAS CONTRACTED WITH A CERTIFIED PUBLIC ACCOUNTING FIRM FOR ASSISTANCE IN COMPLETION OF THE FORM 990/990-T. CURRENTLY, THE BOARD OF DIRECTORS DOES NOT REVIEW THE TAX FORM 990/990-T PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SENT TO THE DIRECTORS, SUPERVISORY COMMITTEE AND ALL STAFF ANNUALLY. THESE ARE COMPLETED AND RETURNED TO THE DIRECTOR OF CORPORATE. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION-THE BOARD OF DIRECTORS USE COMPENSATION SURVEYS TO DETERMINE CEO COMPENSATION. CEO COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. TOP MANAGEMENT COMPENSATION-JOB DESCRIPTIONS ARE DEVELOPED USING THE COMPEASE SOFTWARE PORTAL. FACTORS AND JOB DESCRIPTIONS ARE SET WITHIN THE SOFTWARE, WHICH THEN DETERMINES THE SALARY RANGE FOR THE POSITION. SALARIES ARE INCREASED AND DETERMINED BY PERFORMANCE AND THE EMPLOYEES' COMPARATIO. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SUMMARIZED FINANCIAL INFORMATION IS AVAILABLE ON THE CREDIT UNION'S WEBSITE. QUARTERLY FINANCIAL DATE IS AVAILABLE TO THE PUBLIC AT WWW.NCUA.GOV. FORM 990, PART XI, LINE 9: ADJUSTMENT DUE TO EARLY ADOPTION OF CECL -55,581.