2020-07-10T15:21:42-05:00 2019-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2019-01-01 840470451 ENT CREDIT UNION ENTC 7195741100 7250 CAMPUS DRIVE COLORADO SPRINGS CO 809206517 CHAD GRAVES PRESIDENT/CEO 7195741100 2020-07-08 1 PAMELA ALEXANDERSON P01218925 5058787200 2020-07-08 104.255.16.238 2020-07-08 08:40:23 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-04-22 16:20:28Z CHAD GRAVES 7250 CAMPUS DRIVE COLORADO SPRINGS CO 809206517 335323746 0 X ENT.COM X 1991 CO THE MISSION OF ENT CREDIT UNION IS TO IMPROVE MEMBERS' QUALITY OF LIFE THROUGH EDUCATION, UNBIASED FINANCIAL ADVICE, AND ACCESS TO THE HIGHEST QUALITY FINANCIAL PRODUCTS AND SERVICES. 9 0 1148 13 1612323 -1561242 0 0 211130761 250338468 25436285 15704412 8189569 19528663 244756615 285571543 1092159 2778939 0 0 73072582 86233924 0 0 0 112265347 127140602 186430088 216153465 58326527 69418078 5567859600 6685914011 4847885811 5891682848 719973789 794231163 THE MISSION OF ENT CREDIT UNION IS TO IMPROVE MEMBERS' QUALITY OF LIFE THROUGH EDUCATION, UNBIASED FINANCIAL ADVICE, AND ACCESS TO THE HIGHEST QUALITY FINANCIAL PRODUCTS AND SERVICES. 0 0 216153465 ENT CREDIT UNION SERVES ADAMS, ARAPAHOE, BOULDER, BROOMFIELD, DENVER, DOUGLAS, ELBERT, EL PASO, FREMONT, JEFFERSON, LARIMAR, PUEBLO, TELLER AND WELD COUNTIES. THE CREDIT UNION IMPROVES OUR MEMBERS' QUALITY OF LIFE BY OFFERING A FULL ARRAY OF PRODUCTS AND SERVICES, INCLUDING DEPOSITORY AND LOAN PRODUCTS, ATM/DEBIT PROGRAM, FINANCIAL EDUCATION, INSURANCE, AND INVESTMENT SALES. WE ENDED THE YEAR WITH 374,386 MEMBERS AND 413,688 SHARE ACCOUNTS. THERE WERE 87,352 LOANS GRANTED TOTALING $2,652,714,755. ENT CREDIT UNION CURRENT OFFERS 37 BRANCH LOCATIONS WITH A WIDE ARRAY OF REMOTE OPTIONS THROUGH OUR COOPERATION WITH THE COOP ATM NETWORK, SHARED BRANCH NETWORK, AND ONLINE/MOBILE BANKING SOLUTIONS. 216153465 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 373533 0 1 1148 1 1 1 0 0 0 0 0 1 0 X 9 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X CHAD GRAVES 7195741100 7250 CAMPUS DRIVE COLORADO SPRINGS CO 809206517 MARTINEZ RON CFA / CHAIRMAN 1.00 X 36759 0 0 AYEN WILLIAM BOARD TREASURER 1.00 X 25657 0 0 NICHOLSON PAM VICE CHAIRMAN 1.00 X 21955 0 0 VADALA CHRIS BOARD SECRETARY 1.00 X 18936 0 0 CHANDLER DEBBIE BOARD MEMBER 1.00 X 23083 0 0 GLOVER WALTER BOARD MEMBER 1.00 X 27607 0 0 KALLETTA RICHARD BOARD MEMBER 1.00 X 27468 0 0 VAUGHAN MEREDITH BOARD MEMBER 1.00 X 16051 0 0 DRUMMER TIM BOARD MEMBER 1.00 X 23578 0 0 FUSCHER STEVEN R BOARD MEMBER (THROUGH 4/1/19) 1.00 X 3525 0 0 GRAVES CHAD M PRESIDENT / CEO 40.00 X 1426363 0 34743 COON MARY J CHIEF FINANCIAL OFFICER 40.00 X 891404 0 48055 VOGENEY WILLIAM D CHIEF REVENUE OFFICER 40.00 X 905202 0 50044 GENDRON MATTHEW J CHIEF ENGAGEMENT OFFICER 40.00 X 835381 0 50514 PAUKOVICH JON A CHIEF LENDING OFFICER 40.00 X 793264 0 34323 SCHOLES RICHARD A CHIEF EXPERIENCE OFFICER 40.00 X 736866 0 34743 MARSHALL CHRISTOPHER J CHIEF TECHNOLOGY OFFICER 40.00 X 657305 0 45510 BELL MOLLIE B CHIEF DEVELOPMENT OFFICER 40.00 X 651668 0 6563 SCHNEIDER CLINTON C CHIEF RISK OFFICER (THROUGH 11/1/19) 40.00 X 559746 0 48126 FLANAGAN SHARIE K SVP HUMAN RESOURCES 40.00 X 527272 0 47855 WINTER BARBARA J CHIEF COMMUNITY OFFICER (THROUGH 1/4/19) 40.00 X 272203 0 13650 SUSSMAN JENNIFER S CHIEF MARKETING OFFICER 40.00 X 264147 0 1869 DOMBROWSKI STEPHANIE S MLO 40.00 X 790902 0 31623 STANGE SHIRLEY D MLO 40.00 X 449545 0 25335 BECHTEL THOMAS MLO 40.00 X 403994 0 27139 GREENWOOD MARY A MLO 40.00 X 376443 0 25602 CALLENS JOSHUA M MLO 40.00 X 343370 0 29072 11109694 0 554766 150 0 1 0 GE JOHNSON CONSTRUCTION COMPNAY INC 25 N CASCADE AVE 400 COLORADO SPRINGS CO 80903 CONSTRUCTION OF CENTERS AND HQ 7071895 INLINE BILLING SERVICES INC 1600 STOUT ST STE 800 DENVER CO 80202 PURCHASE TIME SLOTS FOR ADS TO AIR 4476474 HOWELL CONSTRUCTION 8085 E HARVARD AVE DENVER CO 80231 CONSTRUCTION OF VARIOUS SERVICE CENTERS 3030653 DAVIS PARTNERSHIP ARCHITECTS 2901 BLAKE ST 100 DENVER CO 80205 ARCHITECTS FOR EXTERIOR BUILD - HQ 1930104 SYNERGY APPRAISAL SERVICES 6551 S REVERE PKWY SUITE 270 CENTENNIAL CO 80111 APPRAISALS FOR HOME EQUITY AND MORTGAGE 1914615 121 INTEREST ON LOANS 522100 195206105 195206105 FEES/CHARGE/OTHER 522100 55132363 55132363 250338468 14538540 14538540 62784 0 62784 62784 62784 50918075 49735159 17044 1182916 -17044 1165872 1165872 GAIN ON SALE OF LOANS 522100 16239476 16239476 NON-OPERATING INCOME 900099 1614080 1614080 NON-MEMBER ATM 900099 670503 670503 941820 941820 19465879 285571543 283959220 1612323 0 2778939 9161432 56313957 7961585 7841663 4955287 100926 300000 117385 3657086 8376587 10207110 5665038 4818059 936072 42577150 6520182 431497 MEMBER GIVEBACK 12312122 DEBIT CARD SERVICES 8821325 PROVISION FOR LOAN LOSS 6224075 LOAN SERVICING EXPENSE 6030866 10045122 216153465 33846776 33169839 385128790 225246128 2629776 3324351 4550652196 4862776132 4145071 7595980 159348361 38305313 74822197 121043048 254729788 712981426 3251800 26357600 9666667 9333333 248986539 684086174 5567859600 6685914011 204898157 106339599 28115276 583475243 4642987654 5173752730 4847885811 5891682848 X 0 0 0 0 719973789 794231163 719973789 794231163 5567859600 6685914011 X 69418078 3968394 870902 X 0 1 X 1 0 1 1 X 25612632 25612632 97970622 15640777 82329845 6344714 3830148 2514566 29420393 18834388 10586005 121043048 ACCRUED INTEREST ON LOANS 13494206 ACCRUED INTEREST ON INVESTMENTS 1788843 NCUSIF 44869341 CUSO INVESTMENT 3864808 LOANS HELD FOR SALE 406630332 LOAN SERVICE RIGHTS 7323079 DERIVATIVES 20455544 DEFERRED COMPENSATION 567840 REPURCHASE AGREEMENTS 184000000 OTHER 1092181 684086174 SHARE DRAFT 1093126788 SHARES 1168045425 MONEY MARKET 1693407569 IRA 48591850 CD 1170581098 5173752730 X PART IV, LINE 1B: ENT CREDIT UNION SERVICES LOANS FOR THIRD-PARTY ENTITIES THAT ARE NOT SHOWN ON FORM 990, PART X. THE LOANS ARE SERVICED FOR THE FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA); THE FEDERAL HOME LOAN BANK (FHLB); AND THE GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GNMA). PART IV, LINE 2B: AN ESCROW ACCOUNT IS MAINTAINED FOR THE TAXES AND INSURANCE PAYABLE ON THE REAL ESTATE SECURING THE CREDIT UNION'S MORTGAGE LOANS. THE ESCROWS MAINTAINED AT THE CREDIT UNION FOR TAXES AND INSURANCE PAYABLE INCLUDE LOANS TO THE FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA), THE FEDERAL HOME LOAN BANK (FHLB), AND THE GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GNMA) FOR WHICH ENT CREDIT UNION RETAINS SERVICING. PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL AND STATE INCOME TAXES; HOWEVER, THE CREDIT UNION'S WHOLLY OWNED CUSO IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. 1 THE NATIONAL MUSEUM OF WORLD WAR II AVIATION 755 AVIATION WAY COLORADO SPRINGS CO 80916 010859843 501(C)(3) 10000 PROGRAM SUPPORT DOWNTOWN DENVER EVENTS INC 1515 ARAPAHOE ST TOWER 3 NO 100 DENVER CO 80202 201168758 501(C)(3) 93923 PARADE OF LIGHTS SPONSORSHIP SECORCARES (ENT DONOR FUND) 17151 PINE LANE PARKER CO 80134 204226894 501(C)(3) 7000 DONATION ENT DONOR FUND FOR PROGRAM SUPPORT COLORADO SPRINGS UTILITIES FOUNDATION (ENT DONOR FUND) PO BOX 1103 COLORADO SPRINGS CO 80947 208643063 501(C)(3) 20000 PROJECT COPE CREDIT UNION NATIONAL ASSOCIATION 5710 MINERAL POINT ROAD MADISON WI 53705 237065623 501(C)(6) 333333 2 OF 3 MULTI-YEAR PLEDGE PYMT ARAPAHOE COMMUNITY COLLEGE FOUNDATION 5900 S SANTA FE DR PO BOX 9002 LITTLETON CO 80160 237093127 501(C)(3) 25000 ENT SCHOLARSHIP FOR ARAPAHOE COMMUNITY COLLEGE POLICE FOUNDATION OF COLORADO SPRINGS 10 LAKE CIRCLE COLORADO SPRINGS CO 80906 270926740 501(C)(3) 12500 2019 MEDAL OF VALOR LUNCHEON THE NATIONAL CREDIT UNION FOUNDATION 5710 MINERAL POINT ROAD MADISON WI 537054454 391383650 501(C)(3) 12000 CORPORATE SUPPORT AMERICAN RED CROSS 1040 S 8TH STREET COLORADO SPRINGS CO 80905 530196605 501(C)(3) 12500 2020 HOMETOWN HEROES PUEBLO AND COS NASCUS (NATIONAL VOICE OF THE STATE CREDIT UNION SYSTEM) 1655 N FT MYER DRIVE SUITE 650 ARLINGTON VA 22209 541167527 501(C)(6) 20000 NATIONAL INSTITUTE FOR STATE CREDIT UNION EXAMINER TRAINING PIKES PEAK COMMUNITY COLLEGE FOUNDATION 5675 S ACADEMY BLVD C68 COLORADO SPRINGS CO 80906 742182257 501(C)(3) 50000 2020-2021 ENT SCHOLARSHIP FOUNDATION MOUNTAIN WEST CREDIT UNION FOUNDATION 2020 N CENTRAL AVENUE STE 530 PHOENIX AZ 85004 742232424 501(C)(3) 22540 GOLF SPONSORSHIP 2019 ANNUAL CONVENTION INDYGIVE 235 S NEVADA AVENUE COLORADO SPRINGS CO 80903 812029897 501(C)(3) 6500 YOUTH IN ACTION CATEGORY YMCA PIKES PEAK REGION 316 N TEJON STREET COLORADO SPRINGS CO 80903 840404266 501(C)(3) 250000 CAPITAL CAMPAIGN 2 OF 2 PIKES PEAK UNITED WAY 518 N NEVADA AVE COLORADO SPRINGS CO 80903 840511799 501(C)(3) 73500 TITLE SPONSOR COMMUNITY CELEBRATION LUNCHEON CATHOLIC CHARITIES 228 N CASCADE AVE COLORADO SPRINGS CO 80903 840586169 501(C)(3) 7500 2020 ST. PATRICK'S DAY GALA SPECIAL OLYMPICS 12450 E ARAPAHOE ROAD SUITE C CENTENNIAL CO 80112 840713739 501(C)(3) 25000 2020 ATHLETE LEADERSHIP PROGRAM UNIVERSITY LEADERSHIP PIKES PEAK PO BOX 128 COLORADO SPRINGS CO 80901 840719440 501(C)(3) 15000 SPONSORSHIP 2019 CARE AND SHARE INC 2605 PREAMBLE POINT COLORADO SPRINGS CO 80915 840731930 501(C)(3) 15000 2020 RECIPE FOR HOPE EVENTS IN PIKES PEAK AND PUEBLO CHILDREN'S HOSPITAL COLORADO FOUNDATION 111 S TEJON STREET COLORADO SPRINGS CO 80903 840813462 501(C)(3) 670000 BALLOON BALL PUEBLO COMMUNITY COLLEGE FOUNDATION 900 W ORMAN AVENUE PUEBLO CO 81004 840834567 501(C)(3) 25000 2020-2021 ENT SCHOLARSHIP FOUNDATION RONALD MCDONALD HOUSE CHARITIES SOUTHERN COLORADO 723 NORTH WEBER STREET 101 COLORADO SPRINGS CO 80903 841013843 501(C)(3) 20000 CAPITAL CAMPAIGN (SPONSOR OF TWO BEDROOMS) SPRINGS RESCUE MISSION 5 W LAS VEGAS STREET COLORADO SPRINGS CO 80903 841340824 501(C)(3) 100000 CAPITAL CAMPAIGN 1 OF 3 COLORADO SPRINGS CONSERVATORY FOUNDATION 415 S SAHWATCH STREET COLORADO SPRINGS CO 80903 841502211 501(C)(3) 28873 2020 EARLY CHILDHOOD PICCOLO MUSIC & LITERACY PROGRAM UNIVERSITY OF COLORADO FOUNDATION 1420 AUSTIN BLUFFS PARKWAY COLORADO SPRINGS CO 80918 846000555 501(C)(3) 140000 AGREEMENT 2016-2031 JUNIOR ACHIEVEMENT OF SOUTHERN COLORADO (ENT DONOR FUND) 2320 W COLORADO COLORADO AVENUE COLORADO SPRINGS CO 80904 846009223 501(C)(3) 12000 COS/PUEBLO PROGRAM SUPPORT SALVATION ARMY (ENT DONOR FUND) 910 YUMA STREET COLORADO SPRINGS CO 80909 941156347 501(C)(3) 10000 DONATION ENT DONOR FUND FOR PROGRAM SUPPORT OLYMPIC CITY USA COLORADO SPRINGS (CITY OF COLORADO SPRINGS) PO BOX 61122 COLORADO SPRINGS CO 80960 846000573 115 10000 NORTH I-25 ENTRYWAY SIGN PROJECT PUEBLO POLICE DEPARTMENT 200 SOUTH MAIN STREET PUEBLO CO 81003 846000615 115 7500 ANNUAL AWARDS DISCOVER GOODWILL 1460 GARDEN OF THE GODS ROAD COLORADO SPRINGS CO 80907 840513404 501(C)(3) 15000 ENCHANTED WEEKEND + ANNUAL DINNER 28 2 PART I, LINE 2: ENT TRACKS ALL GRANTS VIA AN EXCEL SPREADSHEET MANAGED BY OUR ADMINISTRATIVE DEPARTMENT. THIS IS UPDATED BIMONTHLY. ENT MAKES CONTRIBUTIONS TO ORGANIZATIONS, AGENCIES AND ACTIVITIES SERVING THE FOLLOWING PURPOSES: EDUCATION, HEALTH, HUMAN SERVICES, COMMUNITY (INCLUDING CULTURAL) DEVELOPMENT, ECONOMIC DEVELOPMENT AND MILITARY RECOGNITION AND MORALE. ALL CONTRIBUTIONS ARE TO ORGANIZATIONS HERE IN THE COMMUNITIES WE SERVE. X X X 1 1 X X X X 0 1 0 GRAVES CHAD M PRESIDENT / CEO 538534 0 163053 0 724776 0 25200 0 9543 0 1461106 0 0 0 COON MARY J CHIEF FINANCIAL OFFICER 362848 0 110891 0 417665 0 44200 0 3855 0 939459 0 0 0 VOGENEY WILLIAM D CHIEF REVENUE OFFICER 383198 0 117024 0 404980 0 44200 0 5844 0 955246 0 0 0 GENDRON MATTHEW J CHIEF ENGAGEMENT OFFICER 383129 0 117768 0 334484 0 44200 0 6314 0 885895 0 0 0 PAUKOVICH JON A CHIEF LENDING OFFICER 276388 0 84303 0 432573 0 25200 0 9123 0 827587 0 0 0 SCHOLES RICHARD A CHIEF EXPERIENCE OFFICER 379899 0 117768 0 239199 0 25200 0 9543 0 771609 0 0 0 MARSHALL CHRISTOPHER J CHIEF TECHNOLOGY OFFICER 318842 0 96814 0 241649 0 44200 0 1310 0 702815 0 0 0 BELL MOLLIE B CHIEF DEVELOPMENT OFFICER 380643 0 100000 0 171025 0 5744 0 819 0 658231 0 0 0 SCHNEIDER CLINTON C CHIEF RISK OFFICER (THROUGH 11/1/19) 215036 0 76473 0 268237 0 42008 0 6118 0 607872 0 0 0 FLANAGAN SHARIE K SVP HUMAN RESOURCES 282566 0 66299 0 178407 0 44200 0 3655 0 575127 0 0 0 WINTER BARBARA J CHIEF COMMUNITY OFFICER (THROUGH 1/4 2851 0 79654 0 189698 0 13304 0 346 0 285853 0 0 0 SUSSMAN JENNIFER S CHIEF MARKETING OFFICER 202500 0 20000 0 41647 0 1869 0 0 0 266016 0 0 0 DOMBROWSKI STEPHANIE S MLO 37691 0 4686 0 748525 0 25200 0 6423 0 822525 0 0 0 STANGE SHIRLEY D MLO 18512 0 5636 0 425397 0 18912 0 6423 0 474880 0 0 0 BECHTEL THOMAS MLO 30590 0 4213 0 369191 0 25200 0 1939 0 431133 0 0 0 GREENWOOD MARY A MLO 22176 0 4866 0 349401 0 20108 0 5494 0 402045 0 0 0 CALLENS JOSHUA M MLO 30289 0 4299 0 308782 0 22884 0 6188 0 372442 0 0 0 PART I, LINE 1A BOARD MEMBERS ARE PROVIDED A TRAVEL AND TRAINING BUDGET. THESE FUNDS ARE USED AS EACH BOARD MEMBER DECIDED WHICH TRAINING TO ATTEND. SPOUSE/GUEST TRAVEL EXPENSES COME OUT OF THIS BUDGET. EACH YEAR, SPOUSE/GUEST TRAVEL IS REPORTED AS INCOME ON FORM 1099-MISC. THE AMOUNT OF INCREASED TAX LIABILITY FROM THOSE PAYMENTS IS PAID TO THE BOARD MEMBER AS REIMBURSEMENT FOR THE INCREASED TAX LIABILITY. THE AMOUNT OF THAT PAYMENT IS THEN REPORTED AS INCOME ON THE 1099-MISC FOR THE TAX YEAR IN WHICH IT IS PAID. PART I, LINE 4B THE CREDIT UNION MAINTAINS THREE DEFERRED COMPENSATION PLANS COVERING CERTAIN MEMBERS OF MANAGEMENT. DURING 2019, THE FOLLOWING BENEFITS WERE ACCRUED: CHAD A. GRAVES - 457(F): $317,270 JON A. PAUKOVICH - 457(F): $68,831 RICHARD A. SCHOLES - 457(F): $43,375 MOLLIE B. BELL - 457(F): $44,078 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS AND THE FIELD OF MEMBERSHIP OF THIS CREDIT UNION SHALL BE LIMITED TO THOSE HAVING THE FOLLOWING COMMON BOND: A. PERSONS WHO LIVE, WORK, WORSHIP WITHIN ADAMS, ARAPAHOE, BOULDER, BROOMFIELD, DENVER, DOUGLAS, ELBERT, EL PASO, FREMONT, JEFFERSON, LARIMER, PUEBLO, TELLER AND WELD COUNTIES, COLORADO; B. MEMBERS OF RECORD OF THIS CREDIT UNION AS OF THE DATE OF ITS CONVERSION TO A COMMUNITY CHARTER; C. EMPLOYEES OF THIS CREDIT UNION; D. MEMBER OF THEIR IMMEDIATE FAMILIES OR HOUSEHOLDS; AND E. ORGANIZATIONS OF SUCH PERSONS. F. AS A RESULT OF MERGERS: FORMER MEMBERS OF MOUNTAIN BELL CREDIT UNION, BUCKLEY FEDERAL CREDIT UNION, FIRST CHARTER FEDERAL CREDIT UNION, DECIBEL COMMUNITY CREDIT UNION, AND US ALLIANCE FEDERAL CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A OUR 374,386 MEMBERS EACH ARE ALLOWED ONE VOTE DURING EACH BOARD ELECTION. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR, SUCH AS CERTAIN MERGER OPPORTUNITIES AND POTENTIAL CHARTER CONVERSIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM HIRED FOR SUCH PURPOSE. DATA AND OTHER INFORMATION IS SUPPLIED TO THAT FIRM TO USE IN PREPARATION OF THE DOCUMENT. A COPY OF FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE INTERNAL AUDIT DEPARTMENT PERFORMS ANNUAL TESTING ON EMPLOYEE AND OFFICIAL ACCOUNTS FOR RATES, TERMS & CONDITIONS CONSISTENT WITH WHAT WOULD BE OFFERED TO THE GENERAL MEMBERSHIP OUTSIDE OF THE ALLOWED EMPLOYEE DISCOUNT. ANNUALLY A BOARD MONITORING REPORT IS COMPLETE TO ATTEST FOR PURCHASES WHERE NORMALLY PRUDENT PROTECTIONS HAVE BEEN BEEN GIVEN AGAINST CONFLICT OF INTEREST. THIS WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION B, LINE 15 ENT CREDIT UNION PARTICIPATES IN MULTIPLE, PERIODIC (TYPICALLY ANNUAL) INDUSTRY SALARY SURVEYS, FOR ALL LEVELS OF THE ORGANIZATION, IN ORDER TO ASSESS MARKET PAY PRACTICES AND PROVIDE SUPPORTING DATA FOR INTERNAL RECOMMENDATIONS AND DECISIONS REGARDING PAY STRUCTURES AND INCREASES BASED ON STRATEGIC GOALS AND INITIATIVES. THE LAST COMPENSATION REVIEW WAS DONE IN 2019. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING. FORM 990, PART XI, LINE 9: RECLASSIFICATION ADJUSTMENT FOR NET HEDGING LOSSES 1,025,571. NET CHANGE IN POST RETIREMENT BENEFITS -154,669. ENTERPRISE FIRST FINANCIAL SERVICES LLC 7350 CAMPUS DR STE 200 COLORADO SPRINGS CO 80920 841514066 INSURANCE PRODUCTS CO 0 50000 ENT CREDIT UNION