2022-05-31T09:12:45-05:00 2021-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2021-01-01 416036540 ANOKA HENNEPIN CREDIT UNION ANOK 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 JEFFREY CLAUSSEN PRESIDENT & CEO 7634220290 2022-05-26 1 JEFFREY CLAUSSEN 999009999 MARY A COATES CPA P00134220 7158453111 2022-05-25 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JEFFREY CLAUSSEN 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 10639208 0 X WWW.AHCU.COOP X 1963 MN MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 9 9 70 11 67004 0 0 0 8407638 9492779 1233734 1142194 0 0 9641372 10634973 1275 3362 0 0 4613126 4841133 0 0 0 4494705 4000066 9109106 8844561 532266 1790412 245957320 278464977 226360997 257078242 19596323 21386735 X MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 0 0 MEMBERSHIP - ANOKA HENNEPIN CREDIT UNION SERVED THE FINANCIAL NEEDS OF 18,092 MEMBERS. AN AVERAGE OF 5.63 PRODUCTS AND SERVICES WERE USED PER MEMBER AS OF DECEMBER 31, 2021. SAVINGS - ANOKA HENNEPIN CREDIT UNION PROVIDED 34,502 SAVINGS PRODUCTS TO MEMBERS. THIS INCLUDES SHARE ACCOUNTS, SHARE DRAFT ACCOUNTS, IRAS, SHARE CERTIFICATES, AND MONEY MARKET ACCOUNTS. LOANS - ANOKA HENNEPIN CREDIT UNION PROVIDED 8,160 LOAN PRODUCTS TO MEMBERS, INCLUDING REAL ESTATE, VEHICLE, OTHER SECURED, UNSECURED, AND CREDIT CARD LOANS. OTHER PROGRAM SERVICES -ANOKA HENNEPIN CREDIT UNION ALSO PROVIDED OTHER SERVICES TO ITS MEMBERS LIKE BILL PAYMENT, DEBIT CARDS, E-STATEMENTS, ONLINE BANKING, MOBILE BANKING, MOBILE CHECK DEPOSIT, TELEPHONE BANKING, INSURANCE PRODUCTS, AND SAFE DEPOSIT BOXES. 0 0 0 0 0 0 0 0 0 1 1 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 1 1 0 0 1 1542 0 1 70 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X X MARTIN WALIGORA CFO 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 MARK UNDIS CHAIRPERSON 1.00 X X 930 0 0 JIM GAFFNEY VICE CHAIRPERSON 1.00 X X 1160 0 0 TERRY ANDERSON SECRETARY 1.00 X X 1160 0 0 JAMES CALDWELL DIRECTOR 1.00 X 900 0 0 STACY GERRETY DIRECTOR 1.00 X 1040 0 0 JOEL HALL DIRECTOR 1.00 X 270 0 0 SHELBY HANSEN DIRECTOR 1.00 X 830 0 0 CHRISTIAN MELBERG DIRECTOR 1.00 X 970 0 0 PAT NAPOLI DIRECTOR (THRU SEPTEMBER) 1.00 X 490 0 0 TODD PROULX DIRECTOR 1.00 X 2200 0 0 JEFFREY CLAUSSEN PRESIDENT & CEO 40.00 1.00 X 269004 0 52559 MARTIN WALIGORA VP OF FINANCE & CFO 40.00 X 158474 0 18705 RICK GONNERMAN CIO 40.00 X 137052 0 21046 THERESA TOSTENGARD SVP/GENERAL COUNSEL 32.00 X 128446 0 38231 CHRIS OLSEN VP LENDING 40.00 X 146673 0 8678 849599 0 139219 5 0 1 0 CORELATION INC 2305 HISTORIC DECATUR ROAD STE 300 SAN DIEGO CA 921066073 CORE ACCOUNTING SYSTEM PROVIDER 121299 CENTURY LINK PO BOX 2956 PHOENIX AZ 850622956 INTERNET PROVIDER 119565 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 DIGITAL BANKING SYSTEMS PROVIDER 107713 DOXIM INC 747 WHITCOMB AVE MADISON HEIGHTS MI 480711409 STATEMENT PROVIDER 100614 4 INTEREST ON LOANS 522100 5258073 5258073 DEBIT AND CREDIT CARD INCOME 522100 1502901 1502901 FEE INCOME 522100 1406600 1339596 67004 COMMISSION INCOME 522100 168124 168124 1157081 1157081 9492779 1057784 1057784 74902 13743 0 4235 74902 9508 84410 84410 10634973 9425775 67004 1142194 3362 833466 2922485 329919 472263 283000 16307 35058 86570 176236 459144 708020 433363 3038 14089 444982 64206 DEBIT & CREDIT CARD EXP 654031 LOAN SERVICING EXPENSE 538768 DIVIDENDS ON MEMBER SHA 252777 DUES & SUBSCRIPTIONS 57870 55607 8844561 2575858 2551450 33090150 35169089 1010200 847129 1959000 1978786 118306246 120025968 254122 260822 10149598 4309120 6303242 5840478 28750778 76598738 46901624 28157624 6806100 7034893 245957320 278464977 1890316 2001050 0 40278 224470681 255036914 226360997 257078242 X 0 0 0 0 19596323 21386735 19596323 21386735 245957320 278464977 1790412 0 X 0 0 0 1305610 1305610 5781891 2234152 3547739 395391 202220 193171 2637658 1872748 764910 29048 29048 5840478 DEPOSITS IN COMMERICAL BANKS 13988000 C LOANS TO AND INVESTMENTS IN NATURAL PERSON CREDIT UNIONS 13840000 C PERPETUAL CONTRIBUTED CAPITAL 329624 C 28157624 MEMBER SHARES & SAVINGS 255036914 255036914 1 X X 0 1 0 JEFFREY CLAUSSEN PRESIDENT & CEO 237060 0 25647 0 6297 0 19795 0 32764 0 321563 0 0 0 MARTIN WALIGORA VP OF FINANCE & CFO 138525 0 12150 0 7799 0 7607 0 11098 0 177179 0 0 0 THERESA TOSTENGARD SVP/GENERAL COUNSEL 115381 0 10800 0 2265 0 6968 0 31263 0 166677 0 0 0 RICK GONNERMAN CIO 124420 0 11296 0 1336 0 1427 0 19619 0 158098 0 0 0 CHRIS OLSEN VP LENDING 126726 0 11250 0 8697 0 6254 0 2424 0 155351 0 0 0 PART I, LINE 4B JEFFREY CLAUSEN PARTICIPATES IN A SPLIT-DOLLAR LIFE INSURANCE PLAN WITH THE ORGANIZATION. NO AMOUNT WAS DISTRIBUTED FROM THIS PLAN DURING 2021. JEFFREY CLAUSEN PRESIDENT & CEO SPLIT-DOLLAR LIFE INSURANCE X 1959000 1978786 0 1 1 1978786 FORM 990, PART VI, SECTION A, LINE 5 THE FIELD OF MEMBERSHIP EXPANSION IN 2021 ADDED BENTON, KANABEC, AND PINE COUNTIES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN AHCU IS COMPOSED OF THOSE WHO ARE EMPLOYEES AND RETIREES OF ANOKA HENNEPIN SCHOOL DIST. #11; ANOKA HENNEPIN TECHNICAL COLLEGE; FEDERAL PREMIUM AMMUNITION; HOFFMAN ENCLOSURES, INC.; GRACO, INC.; ANOKA HENNEPIN CREDIT UNION; AND THEIR SUBSIDIARIES; AND THOSE PERSONS WHO LIVE, WORK, WORSHIP, VOLUNTEER OR ATTEND SCHOOL IN, AND BUSINESSES AND OTHER ENTITIES LOCATED IN, ANOKA, BENTON, CHISAGO, HENNEPIN, KANABEC, ISANTI, PINE, RAMSEY AND WASHINGTON COUNTIES OF MINNESOTA; AND WHO SUBSCRIBE TO AND MAINTAIN AT LEAST ONE SHARE AS DESIGNATED BY THE BOARD OF DIRECTORS (HEREINAFTER "BOARD"), PAY THE INITIAL INSTALLMENT THEREON AND THE ENTRANCE FEE IF ANY. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD, OR ADOPTIVE RELATIVES OF EITHER OF THEM AND THEIR SPOUSES, AND THE HOUSEHOLD MEMBER OF A MEMBER MAY BE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL PRIMARY MEMBERS HAVE THE RIGHT TO VOTE TO ELECT MEMBERS TO OUR GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL ELIGIBLE MEMBERS MAY VOTE ON CHANGES TO THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION, APPROVAL OF DIRECTOR STIPENDS, THE REMOVAL OF DIRECTORS, OR THE REMOVAL OF ANOTHER MEMBER UNDER CERTAIN CIRCUMSTANCES. FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES ARE NOT GRANTED AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL COPY OF THE FORM 990 IS AVAILABLE TO EACH VOTING MEMBER OF THE GOVERNING BODY VIA A BOARD MEMBER WEBSITE AFTER THE CEO AND CFO DOES AN INITIAL REVIEW AND PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE MONITORED BY INTERNAL AUDITS, EXTERNAL AUDITS, AND NCUA AND STATE EXAMS. (1) ALL EMPLOYEES ARE COVERED BY THE POLICY, INCLUDING MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS. (2) DETERMINATIONS ARE MADE BY THE PRESIDENT AND CEO. (3) ACTUAL CONFLICTS ARE REVIEWED BY THE CHAIRPERSON OF THE BOARD AND THE MANAGEMENT TEAM. (4) IF A CONFLICT ARISES, THE IDENTIFIED PERSON IS RESTRICTED AND MAY NOT VOTE OR MAKE RECOMMENDATIONS ON PROPOSALS FROM THOSE ENTITIES. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWED AND COLLECTED INFORMATION FROM CREDIT UNION EXECUTIVES SOCIETY (CUES), CREDIT UNION NATIONAL ASSOCIATION (CUNA), AND GOVERNMENT AGENCY RESOURCES TO FORMULATE RANGES FOR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE WEBSITE, WWW.AHCU.NET, AND ARE PROVIDED UPON WRITTEN REQUEST TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS ARE POSTED MONTHLY IN ALL OFFICES, AND ARE AVAILABLE QUARTERLY ON THE NCUA'S WEBSITE, WWW.NCUA.GOV. ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION 3505 NORTHDALE BLVD NW COON RAPIDS MN 55448 812373578 PROVIDE LOCAL SUPPORT MN 501(C)(3) LINE 8 ANOKA HENNEPIN CREDIT UNION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0