2022-11-09T13:11:38-06:00 2021-12-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2021-01-01 390744482 VALLEY COMMUNITIES CREDIT UNION VALL 7156935776 1105 WESTERN AVE MOSINEE WI 544550127 JEFFREY HORNE CFO 7156933400 2022-11-07 1 JEFFREY HORNE 999009999 JEFFREY DANEN P01236582 9203369850 2022-11-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KELLY HLADOVCAK 1105 WESTERN AVE MOSINEE WI 544550127 7050646 0 X VALLEYCOMMUNITIES.ORG X 1935 WI OUR MISSION IS TO BUILD LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME; PROVIDING SOUND FINANCIAL PRODUCTS AND SERVICES. 7 7 66 9 28950 6576 0 0 6979321 6740689 635286 299520 4741 5780 7619348 7045989 0 0 0 0 3544278 3490752 0 0 0 3107686 2856196 6651964 6346948 967384 699041 205282266 225686419 179762559 199467720 25519707 26218699 OUR MISSION IS TO BUILD LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME; PROVIDING SOUND FINANCIAL PRODUCTS AND SERVICES. 0 0 HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4097 0 1 66 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 X JEFFREY HORNE 7156937350 975 INDIANHEAD DRIVE MOSINEE WI 54455 GARY ENGEBRETSON CHAIR 4.00 X X 9403 0 0 ELIZABETH JAKUSZ VICE CHAIR 1.00 X X 3041 0 0 HAROLD MATIS TREASURER 1.00 X X 3291 0 0 JAMES KRZMARCIK DIRECTOR 1.00 X 2836 0 0 JONATHAN ANDERSON SECRETARY 1.00 X X 2923 0 0 PAUL DAVIS DIRECTOR 1.00 X 2714 0 0 MIKE WALTERS DIRECTOR 1.00 X 2349 0 0 KELLY HLADOVCAK CEO 40.00 X 235084 0 59704 RANDY LESZCZYNSKI CFO 40.00 X 181713 0 13929 JEFFREY HORNE CFO 40.00 X 144646 0 20171 ANGELA DINKINS CLO 40.00 X 117533 0 21166 ADAM DYKMAN COO 40.00 X 141362 0 20130 846895 0 135100 5 0 1 0 FISERV 225 FISERV DR BROOKFIELD WI 530080979 SOFTWARE 434698 THE DIRKS GROUP 225077 RIB MOUNTAIN DR WAUSAU WI 54401 IT SERVICES 125486 2 LOAN INTEREST 522100 5446088 5446088 FEES 522100 1091883 1091883 INSURANCE INCOME 522100 202718 173768 28950 6740689 295865 295865 7510 4657 2853 2853 2853 3655 0 3655 3655 3655 MISCELLANEOUS 522100 2927 2927 2927 7045989 6721174 28950 295865 846895 2019944 118172 294721 211020 21197 35376 275879 69764 335183 1080223 222732 71554 179564 DIVIDENDS ON SHARES 380974 LOAN SERVICING 107356 DUES 48103 NON-OPERATING EXPENSES 28463 -172 6346948 2747255 3098019 71622795 86735077 548 30771 121905114 126665786 111281 98728 6851790 3722952 3209828 3128838 17325 15517 3386497 3499509 2281623 2414174 205282266 225686419 1185133 1059645 178577426 198408075 179762559 199467720 X 0 0 4208377 4208377 21311330 22010322 25519707 26218699 205282266 225686419 X 699041 -50 1 X 0 0 0 1 X 938919 938919 3796825 1888840 1907985 1685440 1470289 215151 430606 363823 66783 3128838 SHARES 198408075 198408075 PART IV, LINE 2B: WHEN NECESSARY, ESCROW ACCOUNT FOR MORTGAGES ARE HELD ON BEHALF OF MEMBERS. THE BALANCE IN THESE ACCOUNTS IS INCLUDED ON LINE 25 OF PART X. X X X 0 1 0 KELLY HLADOVCAK CEO 235084 0 0 0 0 0 40375 0 19329 0 294788 0 0 0 RANDY LESZCZYNSKI CFO 181713 0 0 0 0 0 6548 0 7381 0 195642 0 0 0 JEFFREY HORNE CFO 144646 0 0 0 0 0 3363 0 16808 0 164817 0 0 0 ADAM DYKMAN COO 141362 0 0 0 0 0 3301 0 16829 0 161492 0 0 0 PART I, LINE 4B THE CEO PARTICIPATES IN A DEFERRED COMPENSATION PLAN. THE CEO'S CALCULATED UNVESTED ACCUMULATED DEFERRED BENEFIT IS APPROXIMATELY $255,000 AS OF DECEMBER 31, 2021. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMEBER. 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 DECISIONS 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 BOARD OF DIRECTORS WILL HAVE A COMPLETED COPY OF THE 990 PRESENTED AT A MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS SET BY THE BOARD OF DIRECTORS AFTER REVIEWING THE INDIVIDUAL AND CREDIT UNION PEER DATA. ALL OTHER STAFF IS SET BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE BALANCE SHEET IS DISPLAYED IN ALL OFFICES AS WELL AS ON THE WEB SITE. RELASE OF ADDITIONAL RECORDS ARE COVERED IN THE VCCU MEMBER INSPECTION POLICY WHICH COVERS RECORDS AND MINUTES. FORM 990, PART XI, LINE 9: ROUNDING 1.