2023-09-18T11:12:29-04:00 2022-12-31 472565485 BUCKINGHAM BUSINESS ADVISORS LLC 180-A COMMERCE PARK DR WESTERVILLE OH 430826067 990 2022-01-01 390906277 SUPERIOR CHOICE CREDIT UNION SUPE 7157185804 1320 GRAND AVENUE SUPERIOR WI 54880 BEN ALTONEN CFO/EVP 7157185804 2023-09-13 BEN ALTONEN 999009999 true ERIN ALDERSON EA P01231640 6148906620 2023-09-14 2022 2023-04-26 12:10:37Z TIM FOSTER 1320 GRAND AVE SUPERIOR WI 54880 30905234 false X WWW.SUPERIORCHOICE.COM X 1932 WI A NOT-FOR-PROFIT MEMBER-OWNED FINANCIAL INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS. 7 7 210 7 48197 0 22725876 29255012 598995 1559344 97162 90878 23422033 30905234 7750 7379 0 8794086 10622184 0 0 12624254 18051794 21426090 28681357 1995943 2223877 601143174 708340396 538551142 646689586 62592032 61650810 A NOT-FOR-PROFIT MEMBER-OWNED FINANCIAL INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS. false false FINANCIAL SERVICE PROVIDER TO INCLUDE LOANS, DEPOSITS, AND TRANSACTIONAL SERVICES TO ALL MEMBERS. false false false false false false false true false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false true 16653 0 210 true true true false false false false false false false X 7 7 false false false false true true true true true false false true true true true true true true false false X X TIM FOSTER 7157185804 1320 GRAND AVE SUPERIOR WI 54880 TIM FOSTER PRESIDENT & 40.00 X 422318 0 53990 SHANE ASBEL COO/EVP 40.00 X 281221 0 40630 BEN ALTONEN CFO/EVP 40.00 X 267568 0 50119 KELLI KOEHLER CMO/SVP 40.00 X 243147 0 19611 MYRON BAKER VP IT 40.00 X 154479 0 16092 JULIE LUPA VP MORTGAGE 40.00 X 136939 0 30946 KEVIN KUBAT VP CONSUMER 40.00 X 125430 0 0 TAMMY MAKELA VP ACCOUNTIN 40.00 X 122588 0 0 SCOTT MAKI CPO/EVP 40.00 X 108899 0 9256 DANIELLE SEVERSON VP FRAUD/COL 40.00 X 103650 0 10260 BILL ANDERSON BOARD VICE C 1.00 X 7300 0 0 MARK CASPER BOARD CHAIR 1.00 X 6700 0 0 PAUL GILBERTSON TREASURER 1.00 X 6700 0 0 PAMELA TAFELSKI VICE CHAIR L 1.00 X 6700 0 0 CHARLIE GLAZMAN VICE CHAIR P 1.00 X 6100 0 0 JIM LARSON VICE CHAIR-A 1.00 X 6100 0 0 GREG RUNNING ALCO 1.00 X 6100 0 0 2011939 230904 10 false true false HOEFT BUILDERS INC 1450 RIVERS EDGE TRAIL ALTOONA WI 54720 BUILDING CONTRA 4281695 FISERV INC PO BOX 934057 ATLANTA GA 31193 PROCESSING 2827392 UNITED HEALTHCARE 2310 PARKLAKE DR NE ATLANTA GA 30374 HEALTHCARE 1068389 THE BOLDT CO REMODELS 2525 N ROEMER RD APPLETON WI 54912 BUILDNG CONTRAC 861257 PSCU 560 CARILLON PKWY ST PETERSBURG FL 33716 DEBIT CARDS 662587 5 INTEREST ON LOANS 522100 24082407 24082407 FEE INCOME 522100 2903123 2903123 INTERCHANGE FEES 522100 1528251 1528251 OTHER OPERATING REVENUE 522100 536388 536388 INSURANCE SALES & COMMISSIONS 524298 156646 156646 48197 48197 29255012 1559344 1559344 70154 70154 70154 70154 NON OPERATING INCOME 522100 20724 20724 20724 30905234 29276969 48197 1580068 7379 1368853 7275226 499054 902070 576981 43275 240091 644608 656765 2954700 391123 1264256 348328 1854 1393880 1171590 390490 DIVIDENDS PAID TO MEMBERS 3431265 PROVISION FOR BAD DEBT 2225675 LOAN ORIGINATION/SERVICIN 1395398 ATM EXPENSES 702817 795679 28681357 0 0 0 5191147 8803690 106052636 95821203 520483 623304 432054491 540480830 1287784 6223390 29923420 12480406 10172026 17443014 1271000 1970000 24107599 15571703 4414016 4808294 5366885 5947724 10705107 10647244 601143174 708340396 5779243 7368995 36000000 66000000 496771899 573320591 538551142 646689586 X 42080000 20512032 61650810 62592032 61650810 601143174 708340396 X 2223877 -2105719 -1059380 X false true X true true 1460586 3769143 3839572 1390157 false 3125760 3125760 16211045 4852822 11358223 555715 92570 463145 10030900 7535014 2495886 17443014 SHARES 573320591 573320591 X 30905234 30905234 30905234 28681357 28681357 28681357 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE CREDIT UNION SERVICES MORTGAGE LOANS ON BEHALF OF FREDDIE MAC. FUNDS ARE HELD IN ESCROW TO PAY TAXES AND INSURANCE ON BEHALF OF MORTGAGE LOAN MEMBERS. SCHEDULE D, PAGE 3, PART X GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CREDIT UNION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CREDIT UNION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CREDIT UNION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CREDIT UNION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CREDIT UNION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. true NORTHWEST WISCONSIN COMMUNITY SVCS 1118 TOWER AVE SUPERIOR WI 54880 391091469 501C3 7379 FOOD PANTRY X true true X X X X X X false false false TIM FOSTER PRESIDENT & CEO 344818 77500 13793 40197 476308 SHANE ASBEL COO/EVP 247851 33370 9914 30716 321851 BEN ALTONEN CFO/EVP 234438 33130 14066 36053 317687 KELLI KOEHLER CMO/SVP 217334 25813 8693 10918 262758 MYRON BAKER VP IT 145104 9375 7255 8837 170571 JULIE LUPA VP MORTGAGE LENDING 124809 12130 4992 25954 167885 SCHEDULE J, PAGE 1, PART I, LINE 1A TRAVEL FOR COMPANIONS WAS AVAILABLE FOR EDUCATIONAL EVENTS, LEAGUE CONVENTIONS, CHAPTER EVENTS, AND STRATEGIC PLANNING OFF SITE RETREATS. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT AND CFO AND PRESENTED TO THE BOARD OF DIRECTORS AT THEIR MONTHLY MEETING IMMEDIATELY FOLLOWING THE SUBMISSION OF FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL DISCLOSURES OF FAMILY AND BUSINESS RELATIONSHIPS IS REQUIRED FROM ALL INSIDERS. INTERNAL AND EXTERNAL AUDITS OF THESE RELATIONSHIPS ARE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 15A MANAGEMENT AND STAFF SALARIES, OTHER THAN THE PRESIDENT, ARE ADMINISTERED THROUGH THE USE OF THE COMPANY'S SALARY ADMINISTRATION PROGRAM. THE SYSTEM PROVIDES A STRUCTURED APPROACH TO SALARY GRADING AND COMPARABLE SALARIES FOR ALL POSITIONS ON STAFF. ALL SALARY ADJUSTMENTS ARE MADE ACCORDING TO BOARD APPROVED MATRICES WITH FINAL REVIEW AND APPROVAL BY THE PRESIDENT. THE PRESIDENT'S SALARY AND ANNUAL ADJUSTMENT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 18 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES OF THE CREDIT UNION ARE AVAILABLE UPON WRITTEN REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FINANCIAL INFORMATION IS POSTED IN THE LOBBY EACH MONTH. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9 CHANGE IN PENSION -1,059,380