2020-11-16T13:17:51-06:00 2019-12-31 952302617 SingerLewak LLP 2000 S Colorado Blvd Ste 2-200 Denver CO 80222 990 2019-01-01 840442238 Credit Unions Chartered in State of CO 85 On Tap Credit Union CRED 3032796414 4690 Table Mountain Drive Ste 200 Golden CO 80403 AMY PHILLIPS Chief Financial Officer 3032796414 2020-11-13 1 Nazanin Benyamini P00666808 3037592727 2020-11-13 206.169.119.90 2020-11-13 13:38:16 PS P E28F0A888E4EF0D49CEF6A467A62D2B71320B545 16ED3F3F3B4AF761BB3693CCB9E25F930384CA5D 2019 2021-04-22 16:20:28Z Tracie Wilcox 4690 Table Mountain Drive Ste 200 Golden CO 80403 15529930 0 X www.OnTapCU.org X 1954 CO To promote thrift and provide lower cost credit to the members of the credit union. To promote thrift among members by affording them the opportunity to accumulate payments on shares and make loans from these shares to its members. 6 0 81 6 5758 -69503 0 0 14117667 14864331 454991 620601 132945 33583 14705603 15518515 0 0 0 0 5087368 5530565 0 0 0 7843742 8204124 12931110 13734689 1774493 1783826 260332210 284237178 232423771 254054199 27908439 30182979 To promote thrift and provide lower cost credit to the members of the credit union. To promote thrift among members by affording them the opportunity to accumulate payments on shares and make loans from these shares to its members. 0 0 Provide a wide variety of financial products and services to members of the credit union. Over 19,700 members served. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6123 0 1 81 1 1 1 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 0 0 1 1 0 X Amy Phillips CFO 3032796414 4690 Table Mountain Drive Ste 200 Golden CO 80403 Toni Houck Chairman 2.00 X 24000 0 0 Dan Sung Vice Chair 2.00 X 24000 0 0 Kirsten Johnson Secretary/Treasurer 2.00 X 24000 0 0 David Engle Board Member 2.00 X 24000 0 0 Dean Valdez Board Member 2.00 X 24000 0 0 Ralph Norman Board Member 2.00 X 24000 0 0 Tracie Wilcox President/CEO 40.00 X 216325 0 16627 Amy Phillips Chief Financial Officer 40.00 X 150902 0 13882 Janette Herrera VP Marketing 40.00 X 135250 0 19274 Kellee Barbee VP Human Resources 40.00 X 130719 0 16511 Chris Bokovitz Director of IT 40.00 X 121055 0 20044 Edward Flores VP Commercial Lending 40.00 X 123890 0 16591 David Walters VP Lending 40.00 X 119077 0 19107 Terri Larson VP Operations 40.00 X 98655 0 20065 Gene Lemansky Controller 40.00 X 122098 0 25811 1361971 0 167912 8 0 1 0 Vantiv 4610 S Ulster St Denver CO 80237 Credit card processing 632531 Member Driven Technologies 30230 Orchard Lake Road Farmington Hills MI 48334 IT support services 504888 TruHome Mortgage 9777 Ridge Drive Lexana KS 66219 Mortgage processing and servicing 468204 Q2 Software Inc PO Box 205970 Dallas TX 753205970 Online banking services 355523 Go West IT 5161 E Arapahoe Road 220 Centennial CO 80122 IT support services 214981 12 Interest on Loans to Members 522100 10627448 10627448 Other Income 522100 2336218 2336218 Fees and Other Charges to Members 522100 1900665 1900665 14864331 632016 632016 11415 -11415 -11415 -11415 NCUSIF Dividend 522100 27825 27825 ATM Fees Charged to Non-Members 522100 5758 5758 33583 15518515 15512757 5758 0 X 1385884 3048497 171018 600082 325084 26452 77142 1789459 660094 674211 390942 59629 719313 41983 Loan Servicing 1668608 Interest/Dividends Paid 1526304 Provision for Loan Loss 313100 Miscellaneous Expenses 228013 28874 13734689 646909 640634 15737114 28504792 212678477 228294066 8930050 3931345 5619407 4998705 18695730 14721007 6954573 7077974 260332210 284237178 2170809 2773473 5000000 12070600 225252962 239210126 232423771 254054199 X 0 0 2442564 2442564 25465875 27740415 27908439 30182979 260332210 284237178 1783826 490714 0 X X 0 1 X 1 0 296535 296535 4258342 1438061 2820281 2120692 1093673 1027019 2254481 1399611 854870 4998705 Membership Capital at Corporate Credit Union 265225 C Available for Sale Securities 13243120 F Paid in Capital at Corporate Credit Union 663062 C All other investments 549600 C 14721007 Members' Shares and Deposit Accounts 239210126 239210126 X 15518516 0 15518516 0 15518516 13734690 0 13734690 0 13734690 Part X, Line 2: The Credit Union evaluated its tax positions and determined no uncertain tax positions exist as of December 31, 2019. X X X 1 0 0 Tracie Wilcox President/CEO 216325 0 0 0 0 0 0 0 16627 0 232952 0 0 0 Amy Phillips Chief Financial Officer 150902 0 0 0 0 0 0 0 13882 0 164784 0 0 0 Part I, Line 4a PER CONFIDENTIALITY AGREEMENTS SIGNED BY THE ORGANIZATION, SEVERANCE PACKAGES PAID TO EMPLOYEES ARE NOT OPEN FOR PUBLIC INSPECTION. Form 990, Part VI, Section A, line 6 Coors Credit Union is a member-owned financial cooperative operated for the benefit of employees of Molson Coors Brewing Company (Coors), Graphic Packaging (GPI), or CoorsTek; employees of companies that are subsidiaries or in a joint venture with Coors, GPI or CoorsTek; and employees of contract companies that are on-premise and dedicated to working to Coors, GPI, or CoorsTek. The field of membership shall also include persons who live or work in Jefferson, Boulder, Larimer and Denver Counties; employees of companies in the state of Colorado that are distributors of Coors products (A&L Coors,Inc.; RMC Distribution, LLC; Colorado Beverage Distributing; Pioneer Distributing; B&K Distributing; High County Beverage; Golden Distribution Center; Coors Distributing Company); employees of the Integer Group, Jacobs Engineering Group, Inc., or Coors Credit Union, and organizations of such persons; retired annuitants from the above employment; and widows or widowers of decedents from the above employment. Members of the immediate family of any person who, under the provisions of this section, is eligible for membership in the credit union may be admitted to membership therein ("immediate family" means persons related by blood, marriage, or adoption). A member of a household who resides with a person who, under the provisions of this section, is eligible for membership in the credit union may also be admitted to membership therein. "Household" is defined as persons living in the same residence and who maintain a single economic unit. This includes any person who is a permanent member of and participates in the maintenance of the household, including family members, domestic partners, foster children, and legal guardian relationships. Form 990, Part VI, Section A, line 7a The members of the Credit Union annually elect the Board of Directors to serve for multiple-year terms by mailing in ballots or voting at an annual meeting. Form 990, Part VI, Section A, line 7b Various decisions made by the Board of Directors for a Credit Union are subject to approval by the members of the credit union as set forth in NCUA rules and regulations and applicable state regulations. Form 990, Part VI, Section B, line 11b The Board of Directors does not review the Form 990 prior to filing. Form 990, Part VI, Section B, line 12c A written acknowledgment is filled out each year by the officers, directors, and employees which could give rise to potential conflicts within the organization. Any potential issues are discussed with the key officers and those charged with governance for resolution. Form 990, Part VI, Section B, line 15 The Credit Union Executive Society (CUES) salary survey is used for comparison data. The information is reviewed annually by the entire Board of Directors. The CEO brings a recommendation to the Board based on a VPs performance and local and industry pay rates. This usually happens in February. The Board chair or other appointed Board members review the CEO's salary and bring a recommendation to the the Board. Form 990, Part VI, Section C, line 19 The organization's governing documents and conflict of interest policy are are available for review upon request at the credit union. Monthly financial statements are available and on display at the credit union. Quarterly financial data is accessible to the public at www.ncua.gov. Form 990, Part IX, line 11g Other Professional Services 1,789,459. PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.