2025-04-29T13:48:03-05:00 2024-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-01-01 390851648 FORT COMMUNITY CREDIT UNION FORT 9205637305 PO BOX 160 FORT ATKINSON WI 53538 SUSAN JOHNSON CHIEF EXECUTIVE OFFICER 9205637305 2025-04-29 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-04-29 2024 2025-03-06 01:10:19Z SUSAN JOHNSON PO BOX 160 FORT ATKINSON WI 53538 44268952 0 X WWW.FORTCOMMUNITY.COM X 1940 WI THE PURPOSES OF THIS CREDIT UNION ARE: TO ENCOURAGE THRIFT AMONG ITS MEMBERS; TO CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST; TO PROVIDE AN OPPORTUNITY FOR EACH OF ITS MEMBERS TO IMPROVE THE MEMBER'S RESPECTIVE ECONOMIC AND SOCIAL CONDITIONS; AND TO PERFORM THE FUNCTIONS AND EXERCISE THE POWERS DESIGNATED FOR CREDIT UNIONS UNDER APPLICABLE LAW. 6 6 88 7 49625 0 11488 10000 14522749 17897054 2565155 1880906 58245 63969 17157637 19851929 7727 18403 0 0 5091422 5565402 0 0 0 9727123 12604988 14826272 18188793 2331365 1663136 361857773 384150598 321140833 339931320 40716940 44219278 TO HELP EVERY MEMBER BE IN A BETTER FINANCIAL POSITION THAN WHEN WE MET THEM. 0 0 WE FUNDED 2,806 LOANS DURING 2024. AS OF 12/31/2024 WE HAD $139,722,431 MORTGAGES/HOME EQUITY LINES, $91,468,626 CONSUMER LOANS, $16,509,236 MEMBER BUSINESS LOANS, AND $5,854,811 CREDIT CARD ACCOUNTS WITH OUR MEMBERS. WE HAVE DEPOSIT, TRANSACTION, AND INVESTMENT ACCOUNTS WITH 21,677 MEMBERS AT 12/31/2024. DURING 2024, OUR DEPOSITS INCREASED BY $23,667,059. 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 12682 0 1 88 1 1 1 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JOSHUAH KLINE 9205637305 800 MADISON AVE FORT ATKINSON WI 53538 PHILIP RISTOW CHAIR 1.00 X 2200 0 0 ERNEST WITZKE VICE CHAIR 1.00 X 2000 0 0 COLLIN W STEVENS SECRETARY 1.00 X 1200 0 0 MARGARET BARE TREASURER 1.00 X 1200 0 0 KIMBERLY HOFFMANN DIRECTOR 1.00 X 1500 0 0 ROSALINDA MARTINEZ DIRECTOR 1.00 X 1500 0 0 CRAIG NEVERMANN DIRECTOR 1.00 X 1300 0 0 SUSAN JOHNSON CHIEF EXECUTIVE OFFICER 40.00 X 303350 0 49232 JOSHUAH KLINE CHIEF FINANCIAL OFFICER 40.00 X 122486 0 33130 MEGHAN BERNATH CHIEF OPERATING OFFICER 40.00 X 122052 0 27416 JEFFREY SCHEUERELL CHIEF EXPERIENCE OFFICER 40.00 X 112756 0 9719 KEVIN PAYNTER CHIEF LENDING OFFICER 40.00 X 109535 0 41490 JONI LUNDIN LEAD COMMERCIAL LENDER 40.00 X 112011 0 16845 893090 0 177832 6 0 1 0 LAMACCHIA GROUP 157 NORTH MILWAUKEE STREET MILWAUKEE WI 53202 BUILDING CONTRACTOR 1588026 COMPUTERS NATIONWIDE LLC 120 N FRATERNITY LANE WHITEWATER WI 53190 IT MANAGED SERVICES 613705 PAYMENT SYSTEMS FOR CREDIT UNIONS INC 560 CLARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING SERVICES 449972 FISERV PO BOX 934057 ATLANTA GA 31193 DEBIT CARD PROCESSING SERVICES 413197 CORELATION INC 2305 HISTORIC DECATUR RD STE 300 SAN DIEGO CA 92106 CONSULTING AND TECHNOLOGY SERVICES 334941 14 10000 10000 INTEREST ON LOANS 522100 14519968 14519968 FEE INCOME 522100 1168446 1168446 INSURANCE SALES 524298 334988 334988 INTERCHANGE DEBIT CARD INCOME 522100 309914 309914 NONMEMBER ATM FEES 522100 49625 49625 1514113 1514113 17897054 2819561 2819561 97346 33377 63969 63969 63969 23345456 99535 24273333 110313 -927877 -10778 -938655 -938655 19851929 17847429 49625 1944875 18403 940566 3700667 251580 385275 287314 8582 54247 1024205 668706 324353 1434360 343695 56251 1140 926328 625849 1026 DIVIDENDS ON MEMBER SHA 4980420 LOAN & CLOSING COSTS 745010 BAD DEBT EXPENSE 734855 CREDIT CARD FEES 391417 284544 18188793 529625 7282444 27644318 23416098 1123658 1242570 1206342 1219111 238146343 250604667 1834170 1905599 16629490 6260301 9026342 10369189 64015198 70913938 8042931 5749673 10288846 11447309 361857773 384150598 4389937 4476125 189007 173353 24000000 19037971 292561889 316243871 321140833 339931320 X 0 0 0 0 40716940 44219278 40716940 44219278 361857773 384150598 X 1663136 1853246 -14044 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 801900 801900 10660960 3604722 7056238 334075 184432 149643 4832555 2471147 2361408 10369189 MEMBER SHARES & DEPOSITS 316243871 316243871 PART IV, LINE 2B: THE ORGANIZATION INCLUDES AN ESCROW ACCOUNT LIABILITY ON CERTAIN FORCE-PLACED INSURANCE AND REAL ESTATE TAXES ON CERTAIN MORTGAGE LOANS. X X X 0 1 0 SUSAN JOHNSON CHIEF EXECUTIVE OFFICER 276600 0 25202 0 1548 0 24808 0 24424 0 352582 0 0 0 JOSHUAH KLINE CHIEF FINANCIAL OFFICER 111477 0 10856 0 153 0 10899 0 22231 0 155616 0 0 0 KEVIN PAYNTER CHIEF LENDING OFFICER 98026 0 10557 0 952 0 10461 0 31029 0 151025 0 0 0 PART I, LINE 4B THE CHIEF EXECUTIVE OFFICER PARTICIPATES IN A 457(F) PLAN. THERE HAVE BEEN NO CONTRIBUTIONS TO THIS PLAN BY FORT COMMUNITY CREDIT UNION SINCE 2013. SUSAN JOHNSON CHIEF EXECUTIVE OFFICER SPLIT DOLLAR LIFE INSURANCE X 527000 595038 0 1 1 RICHARD AUSTIN CHIEF FINANCIAL OFFICER SPLIT DOLLAR LIFE INSURANCE X 480000 624073 0 1 1 1219111 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF A SINGLE CLASS OF MEMBER. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY. 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. UNLESS MANDATED BY REGULATORY AGENCY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND BOARD OF DIRECTORS REVIEW THE FORM 990 AT THE NEXT BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE REPORTED CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BODY DELEGATED POWERS. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS. THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BODY OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING DIRECTORS OR COMMITTEE MEMBERS. THE GOVERNING BODY OR DESIGNATED COMMITTEE CONDUCTS PERIODIC REVIEWS TO ENSURE THAT THE ORGANIZATION DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVE THE CHIEF EXECUTIVE OFFICER'S SALARY. THE CHIEF EXECUTIVE OFFICER APPROVES ALL OTHER OFFICERS OR KEY EMPLOYEE SALARIES USING THE BOARD APPROVED SALARY BUDGET. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON THE CREDIT UNION WEBSITE AND AVAILABLE IN THE MAIN AND BRANCH OFFICE LOBBIES. ALL OTHER GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGE IN NET ASSETS -14,044.