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BLACKHAWK COMMUNITY CREDIT UNION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BLACKHAWK COMMUNITY CREDIT UNION (EIN 39-6086299)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-10-19
IRS object ID
202122929349301307
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-10-19T12:47:55-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390758449PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 8010AddressLine1Txt
CityWAUSAUCityNm
State AbbreviationWIStateAbbreviationCd
ZIP544028010ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN396086299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BLACKHAWK COMMUNITY CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBLACBusinessNameControlTxt
Phone6087556065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12640 W COURT STREETPO BOX 5366AddressLine1Txt
CityJANESVILLECityNm
State AbbreviationWIStateAbbreviationCd
ZIP535471366ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA PALMAPersonNm
Person TitleCEOPersonTitleTxt
Phone6087556065PhoneNum
Signature2021-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLISAPersonFirstNm
Person LastPALMAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY A COATES CPAPreparerPersonNm
PTINP00134220PTIN
Phone7158453111PhoneNum
Preparation2021-10-07PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLISA PALMAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12640 W COURT STREET/PO BOX 5366AddressLine1Txt
CityJANESVILLECityNm
State AbbreviationWIStateAbbreviationCd
ZIP535471366ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$34,283,089GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Group Exemption2157GroupExemptionNum
Organization501cYes (X)Organization501cInd
Website AddressWWW.BHCCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1965FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionBLACKHAWK COMMUNITY CREDIT UNION IS A STATE CHARTERED CREDIT UNION IN WISCONSIN ORGANIZED FOR THE PURPOSE OF PROVIDING DEPOSIT ACCOUNTS, LOAN ACCOUNTS, AND TRANSACTION SERVICES TO ITS MEMBERS. OUR MISSION IS TO PROVIDE STRAIGHTFORWARD AND HELPFUL FINANCIAL MANAGEMENT TOOLS THROUGH PERSONALIZED SERVICE THAT PROMOTES AND SUPPORTS OUR MEMBERS' FINANCIAL WELL-BEING.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee264TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$43,156TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$26,371,252PYProgramServiceRevenueAmt
CY Program Service Revenue$30,529,617CYProgramServiceRevenueAmt
PY Investment Income$4,292,192PYInvestmentIncomeAmt
CY Investment Income$1,102,914CYInvestmentIncomeAmt
PY Other Revenue$124,625PYOtherRevenueAmt
CY Other Revenue$56,451CYOtherRevenueAmt
PY Total Revenue$30,788,069PYTotalRevenueAmt
CY Total Revenue$31,688,982CYTotalRevenueAmt
PY Grants And Similar Paid$863,400PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$32,461CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$13,846,474PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,835,195CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,367,024PYOtherExpensesAmt
CY Other Expenses$12,576,492CYOtherExpensesAmt
PY Total Expenses$28,076,898PYTotalExpensesAmt
CY Total Expenses$25,444,148CYTotalExpensesAmt
PY Revenues Less Expenses$2,711,171PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,244,834CYRevenuesLessExpensesAmt
Total Assets BOY$619,876,636TotalAssetsBOYAmt
Total Assets EOY$753,202,837TotalAssetsEOYAmt
Total Liabilities BOY$570,283,725TotalLiabilitiesBOYAmt
Total Liabilities EOY$697,899,054TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$49,592,911NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$55,303,783NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBLACKHAWK COMMUNITY CREDIT UNION IS A STATE CHARTERED CREDIT UNION IN WISCONSIN ORGANIZED FOR THE PURPOSE OF PROVIDING DEPOSIT ACCOUNTS, LOAN ACCOUNTS, AND TRANSACTION SERVICES TO ITS MEMBERS. OUR MISSION IS TO PROVIDE STRAIGHTFORWARD AND HELPFUL FINANCIAL MANAGEMENT TOOLS THROUGH PERSONALIZED SERVICE THAT PROMOTES AND SUPPORTS OUR MEMBERS' FINANCIAL WELL-BEING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescBBCCU HAS ENCOURAGED THRIFT AMONG ITS 51,817 MEMBERS AND PROVIDES A FAIR AND REASONABLE CREDIT SOURCE TO EACH OF THOSE MEMBERS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16248IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee264EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW WOHLERSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6087556065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12640 W COURT STREET/PO BOX 5366AddressLine1Txt
CityJANESVILLECityNm
State AbbreviationWIStateAbbreviationCd
ZIP535471366ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DAVID SCHALK
SENIOR VP OF LENDING40.00Yes (X)$193,610$0$36,913
CAROLINE REDMANN
SENIOR VP & COO40.00Yes (X)$195,318$0$30,452
GLEN NEELEY
INVESTMENT ADVISORY40.00Yes (X)$187,426$0$36,651
JASON CURRENT
VP OF LENDING40.00Yes (X)$161,151$0$16,663
MATTHEW KRAUTER
SVP OF NEW MARKETS40.00Yes (X)$148,758$0$37,882
SHERRI STUMPF
PRESIDENT & CEO (THRU FEBRUARY)40.00$505,895$0$15,325Yes (X)
LISA PALMA
INTERIM CEO40.00$227,849$0$32,397Yes (X)
MATT WOHLERS
SENIOR VP & CAO40.00$215,614$0$37,900Yes (X)
MARY FREDERICK
CHAIRMAN2.00$2,010$0$0Yes (X)Yes (X)
SUE MCGINNISS
VICE CHAIRMAN2.00$1,550$0$0Yes (X)Yes (X)
STEVE KNOX
TREASURER (THRU NOVEMBER)2.00$730$0$0Yes (X)Yes (X)
JOHN JENKS
SECRETARY2.00$1,300$0$0Yes (X)Yes (X)
ERIC ENTRINGER
DIRECTOR2.00$1,360$0$0Yes (X)
SARAH FEGRE
DIRECTOR2.00$1,650$0$0Yes (X)
EDMUND HALABI
DIRECTOR2.00$1,400$0$0Yes (X)
TIM SILHA
DIRECTOR2.00$760$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,846,381TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$244,183TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K17IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PSCU
560 CARILLON PKWY STST PETERSBURGFL33716CREDIT CARD PROCESSING$1,303,853
JACK HENRY & ASSOCIATES
PO BOX 609MONETTMO65708IT SERVICES$963,610
JP CULLEN
PO BOX 5957JANESVILLEWI53547CONSTRUCTION SERVICES$490,137
ANGUS YOUNG
555 SOUTH RIVER STJANESVILLEWI53548ARCHITECTURE/ENGINEERING/INTERIOR DESIGN$458,586
PARAGON DEVELOPMENT SYSTEMS
13400 BISHOPS LANE STE 190BROOKFIELDWI53005IT SERVICES$255,248
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$21,098,129$21,098,129
MORTGAGE INCOME522100$4,326,272$4,326,272
CREDIT & DEBIT CARD INCOME522100$1,935,298$1,935,298
FEE INCOME522100$1,910,584$1,910,584
ATM INCOME522100$684,628$642,272$42,356

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$574,706TotalRevenueColumnAmt
Related Or Exempt Func Income$573,906RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$800UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$30,529,617TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,280,944TotalRevenueColumnAmt
Exclusion$1,280,944ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$51,233RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$51,233RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,233TotalRevenueColumnAmt
Exclusion$51,233ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,416,077SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$2,594,107OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,416,077SecuritiesAmt
Other-$2,594,107OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$178,030TotalRevenueColumnAmt
Exclusion-$178,030ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,218TotalRevenueColumnAmt
Exclusion$5,218ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,218OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,688,982TotalRevenueColumnAmt
Related Or Exempt Func Income$30,486,461RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$43,156UnrelatedBusinessRevenueAmt
Exclusion$1,159,365ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$12,461TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$20,000TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,045,740TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,766,103TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$414,186TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$762,863TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$846,303TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$224,579TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,251TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,780TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$598,442TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$441,790TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,346,019TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,352,388TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$876,429TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$44,546TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$7,742TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$140TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,436,874TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$146,033TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
DIVIDENDS ON MEMBER SHA$3,135,930
PROVISION FOR LOAN LOSS$1,700,874
CREDIT CARD FEES$525,426
LOAN & CLOSING COSTS$407,175

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$273,074TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$25,444,148TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,992,121BOYAmt
EOY$9,984,875EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,900,646BOYAmt
EOY$132,286,787EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,438,489BOYAmt
EOY$1,346,184EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$496,873,922BOYAmt
EOY$496,727,948EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$935,655BOYAmt
EOY$1,012,098EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$39,336,867LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,634,306LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,606,975BOYAmt
EOY$17,702,561EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$65,643,390BOYAmt
EOY$76,249,933EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$6,195,086BOYAmt
EOY$5,552,386EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,290,352BOYAmt
EOY$12,340,065EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$619,876,636BOYAmt
EOY$753,202,837EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,704,400BOYAmt
EOY$13,102,517EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$944,137BOYAmt
EOY$1,250,033EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$561,635,188BOYAmt
EOY$683,546,504EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$570,283,725BOYAmt
EOY$697,899,054EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$49,592,911BOYAmt
EOY$55,303,783EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$49,592,911BOYAmt
EOY$55,303,783EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$619,876,636BOYAmt
EOY$753,202,837EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$6,244,834ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,738,421NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$2,204,459OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,798,836OtherCostOrOtherBasisAmt
Book Value$3,798,836BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,656,969OtherCostOrOtherBasisAmt
Depreciation$8,032,689DepreciationAmt
Book Value$10,624,280BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$991,833OtherCostOrOtherBasisAmt
Depreciation$444,540DepreciationAmt
Book Value$547,293BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,534,221OtherCostOrOtherBasisAmt
Depreciation$13,157,077DepreciationAmt
Book Value$2,377,144BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$355,008OtherCostOrOtherBasisAmt
Book Value$355,008BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,702,561TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARES AND DEPOSITSDesc
Amt$683,546,504Amt
FieldValueIRS element (for citing)
Total Liability$683,546,504TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 2B:FormAndLineReferenceDesc
ExplanationTHE CREDIT UNION SERVICES MORTGAGE LOANS. CUSTODIAL ESCROW BALANCES ARE MAINTAINED IN CONNECTION WITH THESE LOANS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient40RecipientCnt
Cash Grant$20,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANT FUNDS RECEIVED ARE PLACED INTO A SEPARATE ACCOUNT AND OFFSET BY AUTHORIZED EXPENDITURES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID SCHALK
SENIOR VP OF LENDING$166,384$0$25,000$0$2,226$0$10,100$0$26,813$0$230,523$0$0$0
CAROLINE REDMANN
SENIOR VP & COO$168,824$0$25,000$0$1,494$0$10,101$0$20,351$0$225,770$0$0$0
GLEN NEELEY
INVESTMENT ADVISORY$183,097$0$3,000$0$1,329$0$9,839$0$26,812$0$224,077$0$0$0
JASON CURRENT
VP OF LENDING$142,458$0$17,500$0$1,193$0$8,067$0$8,596$0$177,814$0$0$0
MATTHEW KRAUTER
SVP OF NEW MARKETS$107,851$0$0$0$40,907$0$6,606$0$31,276$0$186,640$0$0$0
SHERRI STUMPF
PRESIDENT & CEO (THRU FEBRUARY)$130,843$0$0$0$375,052$0$7,773$0$7,552$0$521,220$0$0$0
LISA PALMA
INTERIM CEO$186,477$0$40,000$0$1,372$0$11,994$0$20,403$0$260,246$0$0$0
MATT WOHLERS
SENIOR VP & CAO$189,232$0$25,000$0$1,382$0$11,244$0$26,656$0$253,514$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINES 4A-BFormAndLineReferenceDesc
ExplanationSHERRI STUMPF RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $350,000 DURING 2020. SHERRI STUMPF PARTICIPATES IN A NON-QUALIFIED RETIREMENT PLAN WITH THE ORGANIZATION. DURING 2020, THE ORGANIZATION ACCRUED $95,746 TO THIS PLAN ON HER BEHALF. HOWEVER, SHE DID NOT RECEIVE ANY PAYMENT FROM THE RETIREMENT PLAN AFTER TERMINATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE 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 7ATHE BOARD OF DIRECTORS IS ELECTED BY MEMBERS UTILIZING THEIR ONE VOTE PER MEMBER.
FORM 990, PART VI, SECTION A, LINE 7BEACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND APPROVED BY THE CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY THERE IS A CODE OF CONDUCT FORM FILED BY EACH EMPLOYEE AND DIRECTOR. A CONFLICT SHOULD BE REPORTED TO THE BOARD. A DIRECTOR WILL NOT PARTICIPATE IN THE DELIBERATION, APPROVAL, OR PROCESSING OF ANY TYPE OF LOAN IN WHICH HE/SHE HAS A DIRECT OR INDIRECT INTEREST. A DIRECTOR WILL ALSO REFRAIN FROM VOTING ON ANY ISSUES RELATED TO A CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION PURCHASES THE STATE AND NATIONAL COMPENSATION SURVEYS FOR ALL MANAGEMENT LEVEL POSITIONS ANNUALLY. THE SURVEYS AND PAY RANGES ARE REVIEWED & UPDATED ANNUALLY AND SALARIES ARE ADJUSTED AS NECESSARY. IF THEY ARE CONSISTENT WITH THE RANGE, THEY ARE ADJUSTED BASED ON MERIT WITHIN THE SALARY INCREASE POOL AS BUDGETED.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE ON THE NCUA WEBSITE, IN THE LOBBY OF THE BRANCHES, AND UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN OTHER COMPREHENSIVE INCOME 2,204,459.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BLACKHAWK COMMUNITY CREDIT UNION FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12640 W COURT STREETAddressLine1Txt
CityJANESVILLECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53547ZIPCd
FieldValueIRS element (for citing)
EIN320577477EIN
Primary ActivitiesSUPPORT A MUSEUMPrimaryActivitiesTxt
Legal Domicile StateWILegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BLACKHAWK COMMUNITY CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BLACKHAWK COMMUNITY CREDIT UNION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypePTransactionTypeTxt
Involved$315,672InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt