2023-10-04T13:25:23-05:00 2022-12-31 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2022-01-01 840402825 CREDIT UNION OF THE ROCKIES % ROBERT BRUHN CRED 3032735200 PO BOX 19129 GOLDEN CO 80402 Robert Bruhn VP FINANCE/ACCOUNTIN 3032735200 2023-11-15 true Robert Bruhn 999009999 Adam R Smith CPA P00958966 7194714290 2023-11-15 2 2022 2023-04-26 12:10:37Z Peter Bullard PO BOX 19129 GOLDEN CO 80402 5020260 false 1948 X WWW.CU-ROCKIES.ORG X 1937 CO TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY PROVIDING THEM THE OPPORTUNITY TO ACCUMULATE SHARES AND TO MAKE LOANS FROM THEM. 7 7 43 12 6131 0 0 0 4123132 4587569 442598 406993 41160 18106 4606890 5012668 80 0 0 0 1943057 2199671 0 0 0 2694008 2483948 4637145 4683619 -30255 329049 121614043 124187200 110130151 114300507 11483892 9886693 TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY PROVIDING THEM THE OPPORTUNITY TO ACCUMULATE SHARES AND TO MAKE LOANS FROM THESE SHARES. false false PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO OVER 9,000 MEMBERS OF THE CREDIT UNION. false false false false false false false false false true false false true 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 true true true false true 1854 0 43 true true true false false false false false false false X 7 7 false false false false true true true true true false true true false true true true true true true true false X ROBERT BRUHN 3032735200 PO BOX 19129 GOLDEN CO 80402 PETER BULLARD PRESIDENT/CEO 60.0 0.0 X 182426 0 16542 KARRIE MARCHESE AVP OF LENDING 50.0 0.0 X 97355 0 14618 JOHN HUDDLESTON - THRU 92022 VP OF FINANCE AND ACCOUNTING 60.0 0.0 X 89921 0 7112 ROBERT BRUHN - Beginning 1222 VP OF FINANCE AND ACCOUNTING 60.0 0.0 X 3538 0 0 WENDY DAVIS DIRECTOR 0.5 0.0 X 0 0 0 ANDREW MCCABE DIRECTOR 0.5 0.0 X 0 0 0 DAVID REYNOLDS VICE CHAIRMAN 0.5 0.0 X X 0 0 0 MARTINA FERRIS SECRETARY/TREASURER 0.5 0.0 X X 0 0 0 MILFORD ADAMS DIRECTOR 0.5 0.0 X 0 0 0 NATHANIEL PETERSON CHAIRMAN 1.0 0.0 X X 0 0 0 THOMAS DAVIDSON DIRECTOR 0.5 0.0 X 0 0 0 373240 0 38272 1 false true false JEFFERSON OFFICE PARK LLLP 12 WARD CT LAKEWOOD CO 80228 PROPERTY MANAGEMENT 296529 MEMBER DRIVEN TECHNOLOGIES 30230 ORCHARD LAKE ROAD FARMINTON HILLS MI 48334 IT SERVICES 308511 FIS GLOBAL 601 RIVERSIDE AVE JACKSONVILLE FL 32204 CARD PROCESSING 178305 3 0 INTEREST ON LOANS TO MEMBERS 522100 3235150 3235150 FEES CHARGED TO MEMBERS 522100 571975 565844 6131 OTHER PROGRAM SERVICE REVENUE 522100 683023 683023 CREDIT CARD FEES 900099 97421 97421 4587569 406993 406993 0 7334 7334 7150 7592 -442 0 -442 -442 0 0 0 0 0 0 0 0 0 0 CREDIT UNION SERVICE ORG. EQUITY INVESTMENT 900099 11214 11214 11214 5012668 4592210 6131 414327 0 0 0 0 407974 0 1381623 54009 186314 169751 0 13635 69859 0 0 0 466494 23086 407567 457275 0 205780 6944 0 34566 295872 0 66253 45807 PROVISION FOR LOAN LOSS 68077 LOAN EXPENSES 163365 COMMUNICATIONS 48675 DUES/FEES 32075 78618 4683619 846429 751366 18714334 10141500 0 0 46594 119257 0 0 0 0 75535459 90276525 0 0 731793 990358 2753255 2104592 648757 648663 17822762 13240160 1099967 1266021 0 0 0 0 6167948 6753350 121614043 124187200 319048 261678 0 0 0 0 0 0 0 0 0 0 0 0 0 0 109811103 114038829 110130151 114300507 X 0 0 2002559 2002559 9481333 7884134 11483892 9886693 121614043 124187200 329049 -1926248 X false false false 1237886 764355 473531 197215 130318 66897 1318154 1209919 108235 648663 EXEC LIFE INS TRUST RECEIVABLE 2263598 EXEC LIFE INS POLICY RCVBLS 2170145 SHARE INSURANCE FUND DEPOSIT 1012637 ACCRUED INTEREST 432892 FORECLOSED ASSETS 22816 OTHER ASSETS 851262 6753350 0 MEMBER SHARE & DEPOSIT ACCOUNT 112656556 OTHER LIABILITIES 1382273 114038829 X X X false false false PETER BULLARD PRESIDENT/CEO 161112 12500 8814 10955 5587 198968 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS: THE CREDIT UNION HAS ONE CLASS OF MEMBERS WHO HAVE EQUAL VOTING RIGHTS. THE CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE THAT IS OPERATED FOR THE BENEFIT OF ANY PERSON WHO LIVES OR WORKS IN GOLDEN, SUMMIT COUNTY, CLEAR CREEK COUNTY, GILPIN COUNTY, GRAND COUNTY, EAGLE COUNTY AND JEFFERSON COUNTY, AND VARIOUS SELECT EMPLOYEE GROUPS AND THEIR FAMILIES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO CAN ELECT MEMBERS OF THE GOVERNING BODY: THE CREDIT UNION HAS ONE CLASS OF MEMBERS WHO HAVE EQUAL VOTING RIGHTS TO ELECT MEMBERS OF THE GOVERNING BODY. 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 DECISIONS OF GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS OR STOCKHOLDERS: THE CREDIT UNION HAS ONE CLASS OF MEMBERS WHO HAVE EQUAL VOTING RIGHTS TO ELECT MEMBERS OF THE GOVERNING BODY AND TO APPROVE DECISIONS AS SPELLED OUT IN THE CREDIT UNION'S BYLAWS. 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. FORM 990, PART VI, SECTION B, LINE 11B PROCESS FOR REVIEW: THE 990 IS REVIEWED BY SENIOR MANAGEMENT CHARGED WITH COMPLETION AND DUE DILIGENCE IS COMPLETED BY THE PRESIDENT/CEO UPON COMPLETION PRIOR TO FINAL AUTHORIZATION/SIGNATORY RESPONSIBILITIES. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: COMPLIANCE WITH CONFLICT OF INTEREST REQUIREMENTS ENFORCED THROUGH ANNUAL DISCLOSURE AND SR. MANAGEMENT MONITORING. COVERED PERSONS INCLUDE EMPLOYEES IN SENIOR POSITIONS, AS WELL AS BOARD AND SUPERVISORY COMMITTEE VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: THE CREDIT UNION'S EMPLOYEE MANUAL STIPULATES THAT ALL EMPLOYEES ARE REQUIRED TO HAVE AN ANNUAL REVIEW OF THEIR ACCOMPLISHED WORK IN RELATION TO OBJECTIVES SET AT THE BEGINNING OF THE REVIEW PERIOD BY THEIR SUPERVISOR. THE BOARD CHAIRMAN AND VICE CHAIRMAN ESTABLISH THE OBJECTIVES AND PREPARE THE REVIEW FORM WHICH IS DOCUMENTED IN THE CEO'S EMPLOYEE FILE. CEO COMPENSATION IS DETERMINED BY THE CHAIRMAN AND VICE CHAIRMAN BASED ON ACCOMPLISHMENTS AND REVIEW OF INDUSTRY COMPENSATION DATA FOR SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEE COMPENSATION: THE CREDIT UNION'S EMPLOYEE MANUAL STIPULATES THAT ALL EMPLOYEES ARE REQUIRED TO HAVE AN ANNUAL REVIEW OF THEIR ACCOMPLISHED WORK IN RELATION TO OBJECTIVES SET AT THE BEGINNING OF THE REVIEW PERIOD BY THEIR SUPERVISOR. OFFICER REVIEWS AND COMPENSATION ADJUSTMENTS ARE PERFORMED BY THE CEO AND DOCUMENTED IN THE EMPLOYEES' FILES USING INDUSTRY COMPENSATION DATA FOR SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISPLAYED MONTHLY IN THE BRANCH OFFICES AND QUARTERLY FINANCIALS ARE AVAILABLE ON THE NCUA'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WOULD BE PROVIDED TO MEMBERSHIP UPON REQUESTS BEING APPROVED BY THE BOARD. RANDALL MIMS AND WILLIAM GRUBBS IRR TRUS 607 19TH ST GOLDEN CO 80401 816545069 HOLD INSUR PO CO CUR TRUST 1.00000 true false false false true false false false false false false false false false false false false false false RANDALL MIMS & WILLIAM GRUBBS IRREV TRUST D 2263598 CASH VALUE