2020-10-18T19:40:48-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 1 BRONZE POINTE BELLEVILLE IL 62226 990 2019-01-01 396264347 COMMUNITY FIRST CREDIT UNION COMM 9208307200 PO BOX 1487 APPLETON WI 54912 CATHERINE J TIERNEY CEO/PRESIDENT 9208307200 2020-10-08 1 JEFF PARKER P00970069 6182331200 2020-10-07 67.137.57.251 2020-10-08 16:27:18 CD P 8930F06402091CE01DE01F5E1C46450EDDF6C8AB 9758D956E7346A556FB2E1961439A7541AC084E4 2019 2021-04-22 16:20:28Z CATHERINE J TIERNEY PO BOX 1487 APPLETON WI 54912 142077878 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 8 716 9 35458 0 0 0 118205446 130178551 7842702 11618738 -35203 -45834 126012945 141751455 0 0 23434352 37962947 31834715 33532879 0 0 0 29665007 31433679 84934074 102929505 41078871 38821950 3117431248 3412730212 2712585806 2974301208 404845442 438429004 WE PROVIDE FINANCIAL, INSURANCE, INVESTMENT SERVICES AND EDUCATION FOR OUR MEMBERS AND FOR THE COMMUNITY. 0 0 PROVIDED FINANCIAL SERVICES TO 139,822 MEMBER OWNERS IN 2019. FUNDED 22,232 LOANS TO THESE MEMBERS IN 2019 FOR $1,059,910,279. 0 0 0 0 0 0 0 0 0 1 0 1 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 1 1 1 0 1 154880 0 1 716 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 1575 DRESANG WAY NEENAH WI 54956 CATHERINE J TIERNEY CEO/PRESIDENT/TREASURER 40.00 X X 739129 0 106625 DANIEL FERRIS CHAIRPERSON 1.00 X X 0 0 0 KATHRYN SIEMAN VICE-CHAIR 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 BOARD MEMBER 1.00 X 0 0 0 JAY FULKERSON BOARD MEMBER 1.00 X 0 0 0 MONICA HILT BOARD MEMBER 1.00 X 0 0 0 TIMOTHY SCIBORSKI CHIEF LENDING OFFICER 40.00 X 255333 0 135250 MARY J SULLIVAN SVP SPECIAL PROJECTS 40.00 X 320143 0 50306 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 40.00 X 297040 0 59780 KRISTY HESSE CHIEF HUMAN RESOURCES OFFICER 40.00 X 191483 0 15049 JESSICA BROWN CHIEF FINANCIAL OFFICER 40.00 X 251623 0 5066 JEFFREY SCHWEITZER SVP FACILITIES & PURCHASING 40.00 X 203717 0 105655 LAURIE BUTZ SVP ORG. DEVELOPMENT, INVESTMENTS 40.00 X 238009 0 48151 TIMOTHY HOFF SVP BUSINESS SERVICES 40.00 X 224907 0 46687 AMANDA SECOR CHIEF OF STAFF 40.00 X 199636 0 49301 2921020 0 621870 10 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6962 CHICAGO IL 60675 DATA PROCESSING 4484499 BURTON KARSTEDT INC 2336 HIGHPOINT DR LINDENHURST IL 60046 ADVERTISING 1903452 PARTNERS IN LEADERSHIP LLC PO BOX 776246 CHICAGO IL 60677 CONSULTING 377319 OPTIV SECURITY INC PO BOX 28216 NETWORK PLACE CHICAGO IL 60673 MAINTENANCE SERVICES 377195 INFOIMAGE INC 141 JEFFERSON DRIVE MENLO PARK CA 94025 MAILING SERVICE 346233 20 LOAN INTEREST 900099 100689725 100689725 OTHER OPERATING INCOME 900099 20077847 20062128 15719 FEES & SERVICE CHGS 522100 9410979 9345406 65573 130178551 11687165 11687165 27000 72834 -45834 -45834 -45834 185162 253589 -68427 -68427 -68427 141751455 130097259 35458 11618738 37962947 2220295 25417152 1153667 2754476 1987289 211132 216625 2851541 7801779 3523354 2301244 317591 612091 124907 4968030 340832 LOAN SERVICING EXPENSES 4213670 PROVISION FOR LOAN LOSS 1809254 PUBLIC RELATIONS 1505914 OTHER EXPENSES 635715 102929505 31035597 50435030 222354 248596 2499192161 2613188492 20085711 31233427 111482381 37181711 74324610 74300670 473310609 623372825 19260206 19951172 3117431248 3412730212 31664072 31875038 50000000 0 2630921734 2942426170 2712585806 2974301208 X 0 0 0 0 404845442 438429004 404845442 438429004 3117431248 3412730212 X 38821950 -5238388 X X 0 0 0 13703474 13703474 61618832 14519798 47099034 647318 264566 382752 35221358 22230734 12990624 291399 166613 124786 74300670 INVESTMENTS - PROGRAM RELATED 623372825 C 623372825 MEMBER ACCOUNTS 2942426170 2942426170 X 1 1 X X X X 0 0 0 CATHERINE J TIERNEY CEO/PRESIDENT/TREASURER 574745 0 148489 0 15895 0 91944 0 14681 0 845754 0 0 0 TIMOTHY SCIBORSKI CHIEF LENDING OFFICER 219160 0 28333 0 7840 0 114179 0 21071 0 390583 0 0 0 MARY J SULLIVAN SVP SPECIAL PROJECTS 257353 0 57908 0 4882 0 41549 0 8757 0 370449 0 0 0 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 239553 0 52707 0 4780 0 46486 0 13294 0 356820 0 0 0 KRISTY HESSE CHIEF HUMAN RESOURCES OFFICER 184825 0 2440 0 4218 0 10421 0 4628 0 206532 0 0 0 JESSICA BROWN CHIEF FINANCIAL OFFICER 227580 0 20000 0 4043 0 0 0 5066 0 256689 0 0 0 JEFFREY SCHWEITZER SVP FACILITIES & PURCHASING 168852 0 29063 0 5802 0 86008 0 19647 0 309372 0 0 0 LAURIE BUTZ SVP ORG. DEVELOPMENT, INVESTMENTS 196753 0 36008 0 5248 0 47402 0 749 0 286160 0 0 0 TIMOTHY HOFF SVP BUSINESS SERVICES 192548 0 27375 0 4984 0 32731 0 13956 0 271594 0 0 0 AMANDA SECOR CHIEF OF STAFF 164436 0 30537 0 4663 0 30914 0 18387 0 248937 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 2019. 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 -5,238,388. 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 105890 968821 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 27000 COST