2021-11-15T10:23:07-06:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2020-01-01 396264347 COMMUNITY FIRST CREDIT UNION COMM 9208307200 PO BOX 1487 APPLETON WI 54912 CATHERINE J TIERNEY CEO/PRESIDENT 9208307200 2021-11-12 1 CATHERINE TIERNEY 999009999 JEFF PARKER P00970069 6182331200 2021-11-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CATHERINE J TIERNEY PO BOX 1487 APPLETON WI 54912 145497295 0 X WWW.COMMUNITYFIRSTCU.ORG X 1975 WI COMMUNITY FIRST CREDIT UNION PROVIDES HIGH QUALITY, COMPETITIVE FINANCIAL PRODUCTS AND SERVICES WHICH ANTICIPATE AND EXCEED OUR MEMBERS' NEEDS. WE INTEND TO BE THE PRIMARY FINANCIAL ORGANIZATION FOR OUR MEMBERS BY EARNING AND MAINTAINING THEIR TRUST, BY MAINTAINING A BALANCE BETWEEN SOUND GROWTH, EARNINGS AND RESERVES, BY PROVIDING A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND BY CONTRIBUTING TO THE SOCIAL AND ECONOMIC WELL-BEING OF THE COMMUNITIES WE SERVE. 9 8 662 8 19732 0 0 40000 130178551 141147445 11618738 3996415 -45834 -44383 141751455 145139477 0 40000 37962947 38341398 33532879 38204345 0 0 0 31433679 31425482 102929505 108011225 38821950 37128252 3412730212 4233572171 2974301208 3759453833 438429004 474118338 WE PROVIDE FINANCIAL, INSURANCE, INVESTMENT SERVICES AND EDUCATION FOR OUR MEMBERS AND FOR THE COMMUNITY. 0 0 PROVIDED FINANCIAL SERVICES TO 145,544 MEMBER OWNERS IN 2020. FUNDED 24,293 LOANS TO THESE MEMBERS IN 2020 FOR $1,594,359,558. 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 165710 0 1 662 1 1 1 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CATHERINE J TIERNEY 9208307200 PO BOX 1487 APPLETON WI 54912 DANIEL FERRIS BOARD MEMBER 1.00 X 0 0 0 KATHRYN SIEMAN CHAIRPERSON 1.00 X X 0 0 0 DAVID PEPERKORN SECRETARY 1.00 X X 0 0 0 DEAN HAWKINSON BOARD MEMBER 1.00 X 0 0 0 DR SUSAN MAY BOARD MEMBER 1.00 X 0 0 0 SARA MICHELETTI VICE CHAIR 1.00 X X 0 0 0 JAY FULKERSON BOARD MEMBER 1.00 X 0 0 0 MONICA HILT BOARD MEMBER 1.00 X 0 0 0 CATHERINE J TIERNEY CEO/PRESIDENT/TREASURER 40.00 X X 854991 0 108898 TIMOTHY SCIBORSKI PAST CHIEF LENDING OFFICER 40.00 X 242490 0 180245 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 40.00 X 370494 0 73086 KRISTY HESSE CHIEF HUMAN RESOURCES OFFICER 40.00 X 273092 0 18200 TIMOTHY HOFF CHIEF LENDING OFFICER 40.00 X 287390 0 59404 JESSICA BROWN CHIEF FINANCIAL OFFICER 40.00 X 334623 0 30708 CYRENE WILKE CHIEF INNOV & STRATEGY OFFICER 40.00 X 12846 0 0 MARY J SULLIVAN SVP SPECIAL PROJECTS 40.00 X 333347 0 56011 JEFFREY SCHWEITZER SVP FACILITIES & PURCHASING 40.00 X 222679 0 116560 LAURIE BUTZ SVP ORG DEVELOPMENT, INVESTMENTS 40.00 X 258930 0 59508 AMANDA SECOR CHIEF OF STAFF 40.00 X 248464 0 83241 SHERRI JABLONICKY SVP OF BRANCH OPERATIONS 40.00 X 178295 0 8306 3617641 0 794167 11 0 1 0 FISERV PO BOX 934057 ATLANTA GA 31193 DATA PROCESSING 3286601 BURTON KARSTEDT INC 2336 HIGHPOINT DR LINDENHURST IL 60046 ADVERTISING 2390180 ACCENTURE LLP 161 N CLARK ST CHICAGO IL 60601 MORTGAGE SERVICES 513618 INFOIMAGE INC 175 SOUTH HILL DR BRISBANE CA 94005 MAILING SERVICE 475464 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 DATA PROCESSING 463186 23 40000 40000 LOAN INTEREST 900099 108294916 108294916 OTHER OPERATING INCOME 900099 21454927 21447263 7664 FEES & SERVICE CHGS 522100 11397602 11341151 56451 141147445 4025322 4025322 28500 72883 -44383 -44383 -44383 256028 284935 -28907 -28907 -28907 145139477 141083330 19732 3996415 40000 38341398 3178171 27410684 2458894 3021632 2134964 63691 153455 2698701 7683120 3405644 2249784 280119 418850 3752 5090658 368151 LOAN SERVICING EXPENSES 4308893 PROVISION FOR LOAN LOSS 2416574 PUBLIC RELATIONS 1595686 OTHER EXPENSES 688404 108011225 50435030 57227909 248596 119903 2613188492 2941617034 31233427 65959214 113430941 41072713 74300670 72358228 623372825 1075873106 19951172 20416777 3412730212 4233572171 31875038 36675053 0 4000000 2942426170 3718778780 2974301208 3759453833 X 0 0 0 0 438429004 474118338 438429004 474118338 3412730212 4233572171 X 37128252 -1438918 X X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14131819 14131819 62232555 15997276 46235279 656351 327200 329151 36118816 24531478 11587338 291400 216759 74641 72358228 INVESTMENTS - PROGRAM RELATED 1075873106 C 1075873106 MEMBER ACCOUNTS 3718778780 3718778780 1 FOX VALLEY HUMANE ASSOCIATION N115 TWO MILE ROAD APPLETON WI 54914 390992559 501(C)(3) 10000 TO HELP FIND SUITABLE HOMES FOR HOMELESS ANIMALS RIVERVIEW GARDENS INC 1101 S ONEIDA ST APPLETON WI 54915 463208900 501(C)(3) 5000 TO PROVIDE JOB TRAINING FOR PEOPLE IN NEED PILLARS INC 605 EAST HANCOCK ST APPLETON WI 54911 391582471 501(C)(3) 5000 TO SUPPORT HOUSING NEEDS IN THE COMMUNITY GREATER FOX CITIES AREA HABITAT FOR HUMANITY 921 MIDWAY RD MENASHA WI 54952 391742974 501(C)(3) 5000 BUILD HOMES FOR THOSE IN NEED GREATER GREEN BAY HABITAT FOR HUMANITY 1967 ALLOUEZ AVE GREEN BAY WI 54311 391589910 501(C)(3) 5000 BUILD HOMES FOR THOSE IN NEED MANITOWOC COUNTY HABITAT FOR HUMANITY 1209 SOUTH 41ST STREET MANITOWOC WI 54220 391619519 501(C)(3) 5000 BUILD HOMES FOR THOSE IN NEED COTS INC PO BOX 1645 APPLETON WI 54912 391913179 501(C)(3) 5000 PROVIDE HELP FOR INDIVIDUALS EXPERIENCING HOMELESSNESS 7 PART I, LINE 2: THR ORGANIZATION PASSED THROUGH GRANT MONEY RECEIVED FROM FHLB IN 2020 TO ONLY LOCAL AREA CHARITIES. X 1 1 X X X X 0 0 0 CATHERINE J TIERNEY CEO/PRESIDENT/TREASURER 655353 0 172340 0 27298 0 97789 0 11109 0 963889 0 0 0 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 255416 0 71614 0 43464 0 47664 0 25422 0 443580 0 0 0 TIMOTHY SCIBORSKI PAST CHIEF LENDING OFFICER 124556 0 92618 0 25316 0 167178 0 13067 0 422735 0 0 0 MARY J SULLIVAN SVP SPECIAL PROJECTS 260249 0 50933 0 22165 0 46004 0 10007 0 389358 0 0 0 JESSICA BROWN CHIEF FINANCIAL OFFICER 273180 0 55968 0 5475 0 25220 0 5488 0 365331 0 0 0 TIMOTHY HOFF CHIEF LENDING OFFICER 230453 0 40040 0 16897 0 42090 0 17314 0 346794 0 0 0 JEFFREY SCHWEITZER SVP FACILITIES & PURCHASING 132216 0 37065 0 53398 0 98027 0 18533 0 339239 0 0 0 AMANDA SECOR CHIEF OF STAFF 199235 0 37354 0 11875 0 57087 0 26154 0 331705 0 0 0 LAURIE BUTZ SVP ORG DEVELOPMENT, INVESTMENTS 210284 0 37857 0 10789 0 58759 0 749 0 318438 0 0 0 KRISTY HESSE CHIEF HUMAN RESOURCES OFFICER 223462 0 38500 0 11130 0 18200 0 0 0 291292 0 0 0 SHERRI JABLONICKY SVP OF BRANCH OPERATIONS 163527 0 8898 0 5870 0 0 0 8306 0 186601 0 0 0 PART I, LINE 1A THE CREDIT UNION PROVIDES TRAVEL FOR SPOUSES WHEN TRAVELING WITH BOARD MEMBERS ONLY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OWNER HAS ONE VOTE TO ELECT ONE OR MORE DIRECTORS OF THE GOVERNING BODY. 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 BY THE ORGANIZATION'S BYLAWS. ANY DECISION 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 FORM 990 IS REVIEWED BY CEO AND PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE USED AN OUTSIDE COMPENSATION CONSULTANT FOR CEO AND KEY EMPLOYEE COMPENSATION. THE COMPENSATION CONSULTANT WORKS DIRECTLY WITH THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE DELIBERATION AND DECISIONS FOR SETTING COMPENSATIONS ARE DOCUMENTED AS APPROPRIATE. THIS PROCESS WAS LAST CONDUCTED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS MONTHLY AND AN ANNUAL REPORT IS AVAILABLE TO MEMBERSHIP EACH YEAR. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME -1,438,918. FORM 990, PART XII, LINE 2B: AUDITED FINANCIAL STATEMENTS: THE ORGANIZATION HAS AN AUDIT PERFORMED EACH YEAR AS OF SEPTEMBER 30TH. THIS QUESTION IS BEING ANSWERED 'NO' ONLY BECAUSE THE REPORTING PERIOD FOR THE ANNUAL AUDIT DOES NOT MATCH THE DECEMBER 31ST REPORTING PERIOD FOR THE FORM 990. FORM 990, PART XII, LINE 2C: A FINANCIAL AUDIT IS PERFORMED ANNUALLY ALONG WITH INTERNAL AUDITS WHICH ARE PERFORMED THROUGHOUT THE YEAR. THE AUDIT PLAN AND ACTUAL AUDIT REPORTS ARE REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. COMMUNITY FIRST SERVICES INC PO BOX 1487 APPLETON WI 54912 391604353 INSURANCE WI COMMUNITY FIRST CREDIT UNION C 53425 1022246 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 COMMUNITY FIRST SERVICES INC A 28500 COST