2021-10-19T12:47:55-05:00 2020-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2020-01-01 396086299 BLACKHAWK COMMUNITY CREDIT UNION BLAC 6087556065 2640 W COURT STREETPO BOX 5366 JANESVILLE WI 535471366 LISA PALMA CEO 6087556065 2021-10-08 1 LISA PALMA 999009999 MARY A COATES CPA P00134220 7158453111 2021-10-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LISA PALMA 2640 W COURT STREET/PO BOX 5366 JANESVILLE WI 535471366 34283089 0 2157 X WWW.BHCCU.ORG X 1965 WI BLACKHAWK 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. 7 7 264 10 43156 0 0 0 26371252 30529617 4292192 1102914 124625 56451 30788069 31688982 863400 32461 0 0 13846474 12835195 0 0 0 13367024 12576492 28076898 25444148 2711171 6244834 619876636 753202837 570283725 697899054 49592911 55303783 X BLACKHAWK 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. 0 0 BBCCU HAS ENCOURAGED THRIFT AMONG ITS 51,817 MEMBERS AND PROVIDES A FAIR AND REASONABLE CREDIT SOURCE TO EACH OF THOSE MEMBERS. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 16248 0 1 264 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X MATTHEW WOHLERS 6087556065 2640 W COURT STREET/PO BOX 5366 JANESVILLE WI 535471366 DAVID SCHALK SENIOR VP OF LENDING 40.00 X 193610 0 36913 CAROLINE REDMANN SENIOR VP & COO 40.00 X 195318 0 30452 GLEN NEELEY INVESTMENT ADVISORY 40.00 X 187426 0 36651 JASON CURRENT VP OF LENDING 40.00 X 161151 0 16663 MATTHEW KRAUTER SVP OF NEW MARKETS 40.00 X 148758 0 37882 SHERRI STUMPF PRESIDENT & CEO (THRU FEBRUARY) 40.00 X 505895 0 15325 LISA PALMA INTERIM CEO 40.00 X 227849 0 32397 MATT WOHLERS SENIOR VP & CAO 40.00 X 215614 0 37900 MARY FREDERICK CHAIRMAN 2.00 X X 2010 0 0 SUE MCGINNISS VICE CHAIRMAN 2.00 X X 1550 0 0 STEVE KNOX TREASURER (THRU NOVEMBER) 2.00 X X 730 0 0 JOHN JENKS SECRETARY 2.00 X X 1300 0 0 ERIC ENTRINGER DIRECTOR 2.00 X 1360 0 0 SARAH FEGRE DIRECTOR 2.00 X 1650 0 0 EDMUND HALABI DIRECTOR 2.00 X 1400 0 0 TIM SILHA DIRECTOR 2.00 X 760 0 0 1846381 0 244183 17 0 1 0 PSCU 560 CARILLON PKWY ST ST PETERSBURG FL 33716 CREDIT CARD PROCESSING 1303853 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 IT SERVICES 963610 JP CULLEN PO BOX 5957 JANESVILLE WI 53547 CONSTRUCTION SERVICES 490137 ANGUS YOUNG 555 SOUTH RIVER ST JANESVILLE WI 53548 ARCHITECTURE/ENGINEERING/INTERIOR DESIGN 458586 PARAGON DEVELOPMENT SYSTEMS 13400 BISHOPS LANE STE 190 BROOKFIELD WI 53005 IT SERVICES 255248 13 INTEREST ON LOANS 522100 21098129 21098129 MORTGAGE INCOME 522100 4326272 4326272 CREDIT & DEBIT CARD INCOME 522100 1935298 1935298 FEE INCOME 522100 1910584 1910584 ATM INCOME 522100 684628 642272 42356 574706 573906 800 30529617 1280944 1280944 51233 0 51233 51233 51233 2416077 0 2594107 2416077 -2594107 -178030 -178030 5218 5218 5218 31688982 30486461 43156 1159365 12461 20000 1045740 9766103 414186 762863 846303 224579 40251 18780 598442 441790 1346019 1352388 876429 44546 7742 140 1436874 146033 DIVIDENDS ON MEMBER SHA 3135930 PROVISION FOR LOAN LOSS 1700874 CREDIT CARD FEES 525426 LOAN & CLOSING COSTS 407175 273074 25444148 6992121 9984875 8900646 132286787 1438489 1346184 496873922 496727948 935655 1012098 39336867 21634306 20606975 17702561 65643390 76249933 6195086 5552386 12290352 12340065 619876636 753202837 7704400 13102517 944137 1250033 561635188 683546504 570283725 697899054 X 0 0 0 0 49592911 55303783 49592911 55303783 619876636 753202837 X 6244834 -2738421 2204459 X 0 0 0 0 1 X 3798836 3798836 18656969 8032689 10624280 991833 444540 547293 15534221 13157077 2377144 355008 355008 17702561 MEMBER SHARES AND DEPOSITS 683546504 683546504 PART IV, LINE 2B: THE CREDIT UNION SERVICES MORTGAGE LOANS. CUSTODIAL ESCROW BALANCES ARE MAINTAINED IN CONNECTION WITH THESE LOANS. 1 SCHOLARSHIPS 40 20000 PART I, LINE 2: GRANT FUNDS RECEIVED ARE PLACED INTO A SEPARATE ACCOUNT AND OFFSET BY AUTHORIZED EXPENDITURES. X 1 1 X X X 1 1 0 DAVID SCHALK SENIOR VP OF LENDING 166384 0 25000 0 2226 0 10100 0 26813 0 230523 0 0 0 CAROLINE REDMANN SENIOR VP & COO 168824 0 25000 0 1494 0 10101 0 20351 0 225770 0 0 0 GLEN NEELEY INVESTMENT ADVISORY 183097 0 3000 0 1329 0 9839 0 26812 0 224077 0 0 0 JASON CURRENT VP OF LENDING 142458 0 17500 0 1193 0 8067 0 8596 0 177814 0 0 0 MATTHEW KRAUTER SVP OF NEW MARKETS 107851 0 0 0 40907 0 6606 0 31276 0 186640 0 0 0 SHERRI STUMPF PRESIDENT & CEO (THRU FEBRUARY) 130843 0 0 0 375052 0 7773 0 7552 0 521220 0 0 0 LISA PALMA INTERIM CEO 186477 0 40000 0 1372 0 11994 0 20403 0 260246 0 0 0 MATT WOHLERS SENIOR VP & CAO 189232 0 25000 0 1382 0 11244 0 26656 0 253514 0 0 0 PART I, LINES 4A-B SHERRI 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. 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 MEMBERS UTILIZING THEIR ONE VOTE PER MEMBER. 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 DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B A 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 12C ANNUALLY 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 15 THE 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 19 FINANCIAL 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. BLACKHAWK COMMUNITY CREDIT UNION FOUNDATION INC 2640 W COURT STREET JANESVILLE WI 53547 320577477 SUPPORT A MUSEUM WI 501(C)(3) LINE 10 BLACKHAWK COMMUNITY CREDIT UNION 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 BLACKHAWK COMMUNITY CREDIT UNION FOUNDATION INC P 315672 CASH