2023-11-13T14:03:57-08:00 2022-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2022-01-01 381678297 COMPASS COMMUNITY CREDIT UNION COMP 6168878262 485 S STATE STREET SPARTA MI 49345 CHRIS HARRIS CFO 2023-11-13 true CHRIS HARRIS 999009999 true Thomas Cvinar P00743293 8005225820 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z WILLIAM SCOTT MONTGOMERY 485 S STATE STREET SPARTA MI 49345 4649637 false X HTTP://WWW.COMPASSCU.COM X 1956 MI Provide Financial Services And Products To Members 5 5 33 5 77213 12136 0 3326241 4186666 542604 462971 0 3868845 4649637 0 0 1457422 1570316 0 0 1882553 2288401 3339975 3858717 528870 790920 89270682 93588462 80992387 87321905 8278295 6266557 Provide Financial Services And Products To Members false false THE CREDIT UNION PROVIDES SAVINGS PRODUCTS TO MEMBERS. THE TOTAL NUMBER OF MEMBERS AT 12/31/22 IS 8,192 THE CREDIT UNION PROVIDES LOANS TO MEMBERS. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/22 WAS 4,865 false false false false false false false false false true true false false 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 false false false true 1539 0 true 33 false true true false false false false false false false X 5 5 false false false false true true true false false false false false false false false false false false Chris Harris 6168878262 485 S State Street Sparta MI 49345 ERICA BAUER CEO 40.00 0.00 X 159637 0 8988 CHRIS HARRIS CFO 0.00 0.00 X 10000 0 0 MICHAEL MAUER Vice Chair 1.00 0.00 X 0 0 0 WILLIAM SCOTT MONTGOMERY Chairman 1.00 0.00 X 0 0 0 CHARLES MEEKS Secretary/Tresu 1.00 0.00 X 0 0 0 JEFF SOULES Director 1.00 0.00 X 0 0 0 169637 8988 1 false true false CU ANSWERS 6000 28TH STREET SE GRAND RAPIDS MI 49546 DATA PROCESSOR 314132 PSCU 560 CARILLION WAY ST PETERSBURG FL 33716 CARD PROCESSOR 160735 2 0 FEE INCOME 635414 635414 INSURANCE 53279 53279 LOAN INCOME 2503900 2503900 OTHER INCOME 906026 906026 OTHER NON INT INCOME 64113 64113 23934 23934 4186666 462971 462971 0 0 0 0 0 0 0 0 4649637 4109453 77213 462971 0 0 0 0 178625 0 1391691 0 0 0 0 0 0 0 0 0 14234 0 742846 0 0 210779 74919 0 0 245206 0 0 0 PROFESSIONAL SERVICES 452229 LOAN SERVICING EXPENSES 165934 Loan Loss 139334 MISC 132501 110419 3858717 0 0 0 810829 547313 10107060 5335890 0 161041 3242 0 0 42435528 54775807 0 242265 197734 3405439 834420 2276340 2571019 0 31308953 26542788 0 423499 352916 1505167 3261753 89270682 93588462 626746 597368 80365641 86724537 80992387 87321905 X 8278295 6266557 8278295 6266557 89270682 93588462 790920 -2802658 X false false false 323075 323075 2587148 617175 1969973 4915 4915 490301 212330 277971 2571019 26542788 Member Deposits 86724536 Rounding 1 86724537 false false false ERICA BAUER CEO 159637 8988 168625 Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public. CREDIT UNION ASSETS AND LIABILITIES MERGED INTO NORTH CENTRAL CREDIT U SECTION 501C(14) CREDIT UNION IS COMPOSED OF MEMBERS FORM 990, PART VI, LINE 7A-HOW MEMBERS ELECT GOVERNING BODY MEMBERS VOTE ON BYLAWS AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING. FORM 990,PART VI,LINE 11B-FORM 990 REVIEW PROCESS MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS US FORM 8879-EO TO TAX PREPARER. BOARD OF DIRECTORS REVIEWS FILED TAX RETURN AT NEXT SCHEDULED MEETING. FORM 990,PART VI,LINE 12C-MONITORING AND ENFORCEMENT OF CONFLICTS EMPLOYEE LOANS ARE MANGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD WITH THE LENDEE OBSTAINING. FORM 990,PART VI,LINE 15B-COMP REVIEW AND APP PROCESS-OFFICERS/KEY EMP EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE VOLUNTEERS AND NOT COMPENSATED FORM 990,PART VI,LINE 19-OTHER ORG DOCUMENTS PUBLICLY AVAILABLE CREDIT UNION BYLAWS ARE AVILABLE UPON REQUEST AT THE CREDIT UNIONS MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE (FORM 5300 CALL REPORT) ARE AVAILABLE AT NCUA.GOV FOR ALL FEDRALLY INSURED CREDIT UNIONS. FORM 990,PART VI,LINE 7B-DEC OF GOVERNING BODY APPROVAL BY MEMBERS MERGERS ARE VOTED ON BY ENTIRE MEMBERSHIP