COLLINS COMMUNITY CREDIT UNION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: COLLINS COMMUNITY CREDIT UNION (EIN 42-0190489)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-04
IRS object ID: 202033099349301143
Schema version: 2019v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-04T15:57:38-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382492570	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOEREN MAYHEW	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	305 WEST BIG BEAVER ROAD	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	420190489	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COLLINS COMMUNITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	COLL	BusinessNameControlTxt
Phone	3193939000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 10500	AddressLine1Txt
City	CEDAR RAPIDS	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52410	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BENJAMIN WICKUM	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	3193939000	PhoneNum
Signature	2020-11-03	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH A ZITO CPA	PreparerPersonNm
PTIN	P00648440	PTIN
Phone	2482443000	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	104.11.88.150	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-03	IPDt
IP Tm	13:37:53	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	B2EFC313AB4EEA4760135470907D022D8B217834	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	STEFANIE RUPERT	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 10500	AddressLine1Txt
City	CEDAR RAPIDS	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52410	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$74,336,396	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.COLLINSCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	OUR MISSION IS TO DEVOTE OURSELVES TO FINANCIAL SUCCESS FOR ALL.	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	376	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$111,571	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$54,744	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$60,384,214	PYProgramServiceRevenueAmt
CY Program Service Revenue	$70,249,952	CYProgramServiceRevenueAmt
PY Investment Income	$3,595,991	PYInvestmentIncomeAmt
CY Investment Income	$3,752,169	CYInvestmentIncomeAmt
PY Other Revenue	$117,212	PYOtherRevenueAmt
CY Other Revenue	$111,571	CYOtherRevenueAmt
PY Total Revenue	$64,097,417	PYTotalRevenueAmt
CY Total Revenue	$74,113,692	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$22,108,476	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$25,246,594	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$39,876,783	PYOtherExpensesAmt
CY Other Expenses	$47,935,970	CYOtherExpensesAmt
PY Total Expenses	$61,985,259	PYTotalExpensesAmt
CY Total Expenses	$73,182,564	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,112,158	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$931,128	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,316,535,556	TotalAssetsBOYAmt
Total Assets EOY	$1,242,983,418	TotalAssetsEOYAmt
Total Liabilities BOY	$1,217,437,325	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,140,913,405	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$99,098,231	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$102,070,013	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	OUR MISSION IS TO DEVOTE OURSELVES TO FINANCIAL SUCCESS FOR ALL.	MissionDesc
Significant New Program Srvc	Yes (1)	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	48033	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	376	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	0	WrittenPolicyOrProcedureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FINANCE DEPARTMENT - COLLINS CCU	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3193939000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 10500	AddressLine1Txt
City	CEDAR RAPIDS	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52410	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MARSHA SCHULTE
CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
WILLIAM KOOISTRA
FINANCIAL OFFICER	1.00	Yes (X)	$0	$0	$0
TOM MANOR
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
LISA THOMPSON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
KARL CASSELL
CREDIT CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
JON BUSE
VICE CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
SUE NELSON
AUDIT SECRETARY	1.00	Yes (X)	$0	$0	$0
JENNIFER RUPPERT
AUDIT CHAIRPERSON	1.00	Yes (X)	$0	$0	$0
HEATHER FRIEDMAN
SECRETARY	1.00	Yes (X)	$0	$0	$0
ECHO BATSON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
STEFANIE RUPERT
PRESIDENT/CEO	40.00		$440,106	$0	$48,431	Yes (X)
BENJAMIN WICKUM
CFO	40.00		$249,909	$0	$40,195	Yes (X)
JACK EMKES
SENIOR VP	40.00		$249,532	$0	$48,828		Yes (X)
SCOTT FROST
CHIEF LENDING OFFICER	40.00		$189,009	$0	$45,384		Yes (X)
JOHN LEWIS
VP/IT AND FACILITIES	40.00		$187,712	$0	$34,585		Yes (X)
DANA GOSHON
MORTGAGE LOAN OFFICER	58.00		$295,101	$0	$48,876			Yes (X)
AMBER MATSON
MORTGAGE LOAN OFFICER	45.00		$256,392	$0	$43,507			Yes (X)
THOMAS AXVIG
MORTGAGE LOAN OFFICER	44.00		$210,211	$0	$37,011			Yes (X)
SANDRA VAUGHAN
SENIOR VP	40.00		$164,290	$0	$24,770			Yes (X)
JASON BEARD
MORTGAGE LOAN OFFICER	46.00		$186,144	$0	$36,339			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,428,406	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$407,926	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	31	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SAXTON
600 3RD ST SE STUDIO 300	CEDAR RAPIDS	IA	524012010	OFFICE FURNITURE & DESIGN	$4,405,000
FISERV
75 REMITTANCE DRIVE STE 1649	CHICAGO	IL	606751649	CORE PROCESSOR	$4,277,162
HUNTERS CONSRTUCTION
PO BOX 1826	CEDAR RAPIDS	IA	52406	NEW BUILDING CONSTRUCTION	$4,188,187
PLAIDSWAN
PO BOX 1623	DUBUQUE	IA	52002	ADVERTISING	$690,322
CDW
PO BOX 75723	CHICAGO	IL	606755723	COMPUTER EQUIPMENT	$564,078

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	50	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INCOME ON LOANS	522100	$48,845,007	$48,845,007
FEES/CHARGES/OTHER INCOME	522100	$21,404,945	$21,404,945

Field	Value	IRS element (for citing)
Total Program Service Revenue	$70,249,952	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,689,273	TotalRevenueColumnAmt
Exclusion	$3,689,273	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$285,600	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$222,704	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$62,896	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$62,896	TotalRevenueColumnAmt
Related Or Exempt Func Income	$62,896	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	NON MEMBER ATM INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$111,571	TotalRevenueColumnAmt
Unrelated Business Revenue	$111,571	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$111,571	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$74,113,692	TotalRevenueColumnAmt
Related Or Exempt Func Income	$70,312,848	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$111,571	UnrelatedBusinessRevenueAmt
Exclusion	$3,689,273	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,533,691	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$18,668,255	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,463,015	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,120,326	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,461,307	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$245,982	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$106,006	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,436,337	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,332,386	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,005,267	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,443,425	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,566,511	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$72,593	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$10,735	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$17,506,337	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$192,694	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,577,831	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$197,847	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$8,559,784
LOAN SERVICING	$5,260,769
DEBIT AND CREDIT EXPENS	$1,588,808
MISCELLANEOUS	$749,807

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,082,851	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$73,182,564	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$8,691,401	BOYAmt
EOY	$10,487,935	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$31,558,371	BOYAmt
EOY	$156,344,671	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$658,587	BOYAmt
EOY	$285,360	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$10,787,224	BOYAmt
EOY	$14,213,566	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,142,173,449	BOYAmt
EOY	$920,948,583	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,266,810	BOYAmt
EOY	$4,112,905	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$37,562,964	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$18,289,579	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$19,988,816	BOYAmt
EOY	$19,273,385	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$63,581,358	BOYAmt
EOY	$60,760,826	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$14,329,203	BOYAmt
EOY	$8,250,958	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$20,500,337	BOYAmt
EOY	$48,305,229	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,316,535,556	BOYAmt
EOY	$1,242,983,418	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$13,742,504	BOYAmt
EOY	$13,416,316	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$225,000,000	BOYAmt
EOY	$25,491,620	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$978,694,821	BOYAmt
EOY	$1,102,005,469	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,217,437,325	BOYAmt
EOY	$1,140,913,405	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$99,098,231	BOYAmt
EOY	$102,070,013	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$99,098,231	BOYAmt
EOY	$102,070,013	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,316,535,556	BOYAmt
EOY	$1,242,983,418	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$931,128	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,073,296	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$967,358	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,786,589	OtherCostOrOtherBasisAmt
Book Value	$8,786,589	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,821,530	OtherCostOrOtherBasisAmt
Depreciation	$7,424,817	DepreciationAmt
Book Value	$8,396,713	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,814,702	OtherCostOrOtherBasisAmt
Depreciation	$2,366,153	DepreciationAmt
Book Value	$448,549	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,140,143	OtherCostOrOtherBasisAmt
Depreciation	$8,498,609	DepreciationAmt
Book Value	$1,641,534	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$19,273,385	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
SHARE ACCOUNTS	$146,171,217
MONEY MARKET ACCOUNTS	$291,485,736
IRA	$6,998,104
SHARE DRAFT ACCOUNTS	$191,306,924
CD AND IRA CD	$466,043,488

Field	Value	IRS element (for citing)
Total Liability	$1,102,005,469	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CUSOS ARE ORGANIZED AS LIMITED LIABILITY COMPANIES (LLCS). 1150 PROPERTIES, LLC AND COLLINS HOLDING COMPANY, LLC HAVE BEEN ORGANIZED AS SINGLE-OWNER LLCS AND ARE CONSIDERED DISREGARDED ENTITIES FOR TAX PURPOSES.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEFANIE RUPERT
PRESIDENT/CEO	$357,542	$0	$56,758	$0	$25,806	$0	$25,200	$0	$23,231	$0	$488,537	$0	$0	$0
BENJAMIN WICKUM
CFO	$224,819	$0	$25,090	$0	$0	$0	$20,698	$0	$19,497	$0	$290,104	$0	$0	$0
JACK EMKES
SENIOR VP	$158,028	$0	$91,504	$0	$0	$0	$23,228	$0	$25,600	$0	$298,360	$0	$0	$0
SCOTT FROST
CHIEF LENDING OFFICER	$159,384	$0	$18,068	$0	$11,557	$0	$17,232	$0	$28,152	$0	$234,393	$0	$0	$0
JOHN LEWIS
VP/IT AND FACILITIES	$170,295	$0	$17,417	$0	$0	$0	$17,386	$0	$17,199	$0	$222,297	$0	$0	$0
DANA GOSHON
MORTGAGE LOAN OFFICER	$117,661	$0	$177,440	$0	$0	$0	$23,632	$0	$25,244	$0	$343,977	$0	$0	$0
AMBER MATSON
MORTGAGE LOAN OFFICER	$71,174	$0	$185,218	$0	$0	$0	$21,630	$0	$21,877	$0	$299,899	$0	$0	$0
THOMAS AXVIG
MORTGAGE LOAN OFFICER	$60,263	$0	$149,721	$0	$227	$0	$17,738	$0	$19,273	$0	$247,222	$0	$0	$0
SANDRA VAUGHAN
SENIOR VP	$148,120	$0	$16,170	$0	$0	$0	$14,528	$0	$10,242	$0	$189,060	$0	$0	$0
JASON BEARD
MORTGAGE LOAN OFFICER	$54,558	$0	$131,586	$0	$0	$0	$17,416	$0	$18,923	$0	$222,483	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4	FormAndLineReferenceDesc
Explanation	STEFANIE RUPERT (CEO) PARTICIPATES IN A 457(B) RETIREMENT PLAN TO WHICH SHE DEFERRED APPROXIATELY $15,000 IN 2019. THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE STEPHANIE, RUPERT, BEN WICKUM, JACK EMKES, SCOTT FROST, SANDRA VAUGHN, AND JOHN LEWIS THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANTS MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANTS. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (10 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
BEN WICKUM
CFO	TO FUND LIFE INSURANCE POLICY	Yes (X)	$1,152,448	$1,152,448	0	Yes (1)	Yes (1)
BRUCE TAYLOR
CONSUMER LENDING DIRECTOR	TO FUND LIFE INSURANCE POLICY	Yes (X)	$949,100	$949,100	0	Yes (1)	Yes (1)
JACK EMKES
SENIOR VP-MEMBER ENGAGEMENT	TO FUND LIFE INSURANCE POLICY	Yes (X)	$1,611,055	$1,611,055	0	Yes (1)	Yes (1)
JOHN LEWIS
VP-IT & FACILITIES	TO FUND LIFE INSURANCE POLICY	Yes (X)	$893,199	$893,199	0	Yes (1)	Yes (1)
RICK BENHART
RETIRED CEO	TO FUND LIFE INSURANCE POLICY FOR DEFFERED COMPENSATION PLAN	Yes (X)	$3,405,056	$3,405,056	0	Yes (1)	Yes (1)
RICK BENHART
RETIRED CEO	TO FUND LIFE INSURANCE POLICY FOR DEFFERED COMPENSATION PLAN	Yes (X)	$980,000	$980,000	0	Yes (1)	Yes (1)
SANDRA VAUGHAN
SENIOR VP-ERM	TO FUND LIFE INSURANCE POLICY	Yes (X)	$989,215	$989,215	0	Yes (1)	Yes (1)
SCOTT FROST
CHIEF LENDING OFFICER	TO FUND LIFE INSURANCE POLICY	Yes (X)	$1,139,060	$1,139,060	0	Yes (1)	Yes (1)
STEFANIE RUPERT
CEO	TO FUND LIFE INSURANCE POLICY	Yes (X)	$2,594,433	$2,594,433	0	Yes (1)	Yes (1)
TRACEY KOENIG
VP-OPERATIONS	TO FUND LIFE INSURANCE POLICY	Yes (X)	$500,000	$500,000	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$14,213,566	TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS:

(A) NAME OF PERSON: RICHARD BENHART(B) RELATIONSHIP WITH ORGANIZATION: PRESIDENT/CEO(C) PURPOSE OF LOAN: INSURANCE PREMIUM(A) NAME OF PERSON: STEFANIE RUPERT(C) PURPOSE OF LOAN: INSURANCE PREMIUM(A)NAME OF PERSON: RICHARD BENHART(B)RELATIONSHIP WITH ORGANIZATION: PRESIDENT/CEO(C)PURPOSE OF LOAN: INSURANCE PREMIUM(A) NAME OF PERSON: STEFANIE RUPERT(C) PURPOSE OF LOAN: INSURANCE PREMIUM(A)NAME OF PERSON: SCOTT FROST(B)RELATIONSHIP WITH ORGANIZATION: CHIEF LENDING OFFICER(C)PURPOSE OF LOAN: INSURANCE PREMIUM{A)NAME OF PERSON: SANDRA VAUGHAN(B)RELATIONSHIP WITH ORGANIZATION: SENIOR VICE PRESIDENT(C)PURPOSE OF LOAN: INSURANCE PREMIUM{A) NAME OF PERSON: JACK EMKES{B) RELATIONSHIP WITH ORGANIZATION: SENIOR VICE PRESIDENT{C) PURPOSE OF LOAN: INSURANCE PREMIUM(A)NAME OF PERSON: BEN WICKUM(B)RELATIONSHIP WITH ORGANIZATION: CHIEF FINANCIAL OFFICER(C)PURPOSE OF LOAN: INSURANCE PREMIUM

FORM 990, SCH L, PART II

THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." ALTHOUGH THE IRS REQUIRES REPORTING IN PART II AS A LOAN TO AN INTERESTED PARTY, THIS IS NOT AN ACTUAL LOAN. THERE IS NO TRANSFER OF FUNDS TO THE PARTICIPANTS NOR AN OBLIGATION TO REPAY THE FUNDS. INSTEAD THE CREDIT UNION RECOVERS ANY OUTLAYS, PLUS INTEREST, FROM THE UNDERLYING POLICY. THAT IS, THE CREDIT UNION DEPOSITS FUNDS DIRECTLY INTO A LIFE INSURANCE POLICY TO ENSURE REPAYMENT. AT SPECIFIED TIMES, THE PARTICIPANTS MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE POLICY TO SUPPLEMENT RETIREMENT INCOME. THE BORROWINGS ARE MONITORED TO ENSURE THE POLICY WILL PAY A DEATH BENEFIT AT LEAST SUFFICIENT TO COVER THE CREDIT UNION'S OUTLAYS PLUS INTEREST. ANY REMAINING DEATH BENEFITS ARE DIVIDED BETWEEN THE CREDIT UNION AND THE PARTICIPANT'S BENEFICIARIES AS AGREED UPON.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 2	THE CREDIT UNION HAS FOUR CUSOS. COLLINS HOLDING COMPANY CUSO, LLC IS THE HOLDING COMPANY THAT ALL OF THE OTHER CUSOS ROLL UP TO. NORTHTOWNE MARKET LOT 7, LLC OWNS THE HQ BUILDING BEING BUILT ON BLAIRS FERRY ROAD. THE HOLDING COMPANY OWNS 75% OF THAT ENTITY. COLLINS LOAN SERVICES CUSO, LLC IS AN ORIGINATOR AND SERVICER OF COMMERCIAL LOANS, PRIMARILY CRE LOANS. COLLINS INSURANCE CUSO, LLC IS A LICENSED INSURANCE AGENCY SELLING PRIMARILY PROPERTY & CASUALTY INSURANCE COVERING THE HOMES AND AUTOS OF THE MEMBERS OF THE CREDIT UNION.
FORM 990, PART VI, SECTION A, LINE 4	EFFECTIVE SEPTEMBER 1, 2019, THE CREDIT UNION COMPLETED AN ACQUISITION OF VILLAGE CREDIT UNION AS PART OF THEIR GROWTH STRATEGY. THE FAIR VALUE OF THE ASSETS ASSUMED APPROXIMATED $16,665,000 WHILE THE FAIR VALUE OF LIABILITIES ASSUMED APPROXIMATED $15,073,000. AS A RESULT OF THE MERGER THE CREDIT UNION'S BYLAWS WERE UPDATED.
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS INTERNAL AND EXTERNAL MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERSHIP ELECTS THE BOARD MEMBERS AT THE CREDIT UNION'S ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBERS HAVE THE RIGHTS AND THE RESPONSIBILITY TO APPROVE THE ORGANIZATION'S MINUTES DURING THE ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM WILL BE REVEIWED BY THE PRESIDENT/CEO.
FORM 990, PART VI, SECTION B, LINE 12C	ALL NEW EMPLOYEES AND BOARD OF DIRECTORS MUST READ AND SIGN A CREDIT UNION BRIBERY POLICY THAT OUTLINES EMPLOYEE AND DIRECTOR CODE OF CONDUCT AND REQUIRES DISCLOSURE OF ANY CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	THE CEO'S PERFORMANCE IS REVIEWED ANNUALLY BY THE BOARD. THE BOARD THEN SETS A REASONABLE COMPENSATION FOR THE CEO BASED ON HIS PERFORMANCE REVIEW. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS THEN DETERMINED BY THE CEO BASED ON PERFORMANCE REVIEWS AND COMPETITORS COMPARISONS. THE CEO USES CREDIT UNION NATIONAL ASSOCIATION (CUNA) WAGES SURVEYS, OTHER MARKET SURVEYS AND 990 REPORTS FROM COMPARABLE ORGANIZATIONS WHEN DETERMINING COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	THE CREDIT UNION RELEASES ITS ANNUAL FINANCIAL STATEMENTS TO ALL OF ITS MEMBERS AND EMPLOYEES AT THE ANNUAL MEETING. THE ORGANIZATION'S ANNUAL REPORT AS WELL AS A COPY OF THE MOST UPDATED CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS IS AVAILABLE TO MEMBERS AND THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	OTHER PROFESSIONAL EXPENSES 2,436,337.
FORM 990, PART XI, LINE 9:	RECLASSIFICATION FOR LOSSES INCLUDED IN NET INCOME - DEFINED BENEFIT PLAN 173,498. UNREALIZED LOSS INCURRED DURING THE PERIOD - DEFINED BENEFIT PLAN -1,213,532. UNREALIZED GAIN INCURRED DURING THE PERIOD - POSTRETIREMENT PLAN 441,542. RECLASSIFICATION FOR LOSSES INCLUDED IN NET INCOME - POSTRETIREMENT PLAN -34,508. EQUITY ACQUIRED IN BUSINESS COMBINATION 1,592,158. CAPITAL CONTRIBUTIONS 8,200.
FORM 990, PART XII, LINE 2C:	THE CREDIT UNION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	1150 PROPERTIES LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1150 42ND ST NE	AddressLine1Txt
City	CEDAR RAPIDS	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	52402	ZIPCd

Field	Value	IRS element (for citing)
EIN	420190489	EIN
Primary Activities	PROPERTY MANAGEMENT, SERVICES FOR SELECT PROPERTIES	PrimaryActivitiesTxt
Legal Domicile State	IA	LegalDomicileStateCd
Total Income	$477,943	TotalIncomeAmt
End Of Year Assets	$60,995,437	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	COLLINS COMMUNITY CU	BusinessNameLine1Txt