2018-12-20T11:00:45-06:00 2017-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2017-01-01 416036540 ANOKA HENNEPIN CREDIT UNION ANOK 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 JEFFREY CLAUSSEN PRESIDENT & CEO 7634220290 2018-10-31 1 MARY A COATES CPA P00134220 7158453111 2018-10-31 50.50.56.238 2018-10-31 12:02:20 CD 3901922018135035be74 2018-05-15 P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 591F57CCDB6768E443135B10ADA072E30A282E8B 2017 2019-02-21 02:37:17Z X JEFFREY CLAUSSEN 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 8551138 0 X WWW.AHCU.COOP X 1963 MN MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 10 9 94 9 69955 0 0 0 7541556 7665433 498597 871305 193068 14400 8233221 8551138 9500 1000 0 0 3620197 3893948 0 0 0 3430773 3443256 7060470 7338204 1172751 1212934 174413607 187658209 158807011 170838679 15606596 16819530 X MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 0 0 MEMBERSHIP - ANOKA HENNEPIN CREDIT UNION SERVED THE FINANCIAL NEEDS OF 17,291 MEMBERS. AN AVERAGE OF 5.20 PRODUCTS AND SERVICES WERE USED PER MEMBER AS OF DECEMBER 31, 2017. SAVINGS - ANOKA HENNEPIN CREDIT UNION PROVIDED 32,580 SAVINGS PRODUCTS TO MEMBERS. THIS INCLUDES SHARE ACCOUNTS, SHARE DRAFT ACCOUNTS, IRAS, SHARE CERTIFICATES, AND MONEY MARKET ACCOUNTS. LOANS - ANOKA HENNEPIN CREDIT UNION PROVIDED 8,242 LOAN PRODUCTS TO MEMBERS, INCLUDING REAL ESTATE, VEHICLE, OTHER SECURED, UNSECURED, AND CREDIT CARD LOANS. OTHER PROGRAM SERVICES - ANOKA HENNEPIN CREDIT UNION ALSO PROVIDED OTHER SERVICES TO ITS MEMBERS LIKE BILL PAYMENT, DEBIT CARDS, E-STATEMENTS, ONLINE BANKING, MOBILE BANKING, MOBILE CHECK DEPOSIT, TELEPHONE BANKING, INSURANCE PRODUCTS, AND SAFE DEPOSIT BOXES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 2415 0 1 94 1 1 1 0 0 0 0 0 0 0 X 10 9 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X MARTIN WALIGORA 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 JOHN FRANTESL DIRECTOR 1.00 X 1391 0 0 DOUG MATTISON DIRECTOR 1.00 X 420 0 0 CHRISTIAN MELBERG DIRECTOR 1.00 X 970 0 0 PAT NAPOLI DIRECTOR 1.00 X 70 0 0 TODD PROULX DIRECTOR 1.00 X 3653 0 0 MARK UNDIS CHAIRPERSON 1.00 X X 1160 0 0 JIM GAFFNEY VICE CHAIRPERSON 1.00 X X 1240 0 0 TERRY ANDERSON SECRETARY 1.00 X X 1771 0 0 JEFFREY CLAUSSEN PRESIDENT & CEO 40.00 X X 192960 0 41225 MARTIN WALIGORA VP OF FINANCE & CFO 40.00 X 114458 0 17740 JAMES BACIGALUPO EXECUTIVE VP 40.00 X 104375 0 13334 422468 0 72299 3 0 1 0 CORELATION INC 2305 HISTORIC DECATUR RD 300 SAN DIEGO CA 92106 IT SERVICES 454626 SR PARKS CONSTRUCTION SERVICES LLC 7549 LYRIC LANE NE MINNEAPOLIS MN 55432 CONSTRUCTION 348986 FISERV INC 4897 LAKE PARK BLVD STE 200 LAKE CITY UT 84120 COMPUTER SYSTEM SUPPORT 159915 CASE FINANCIAL 701 WEAVER BLVD ANOKA MN 55303 ATM SERVICING 143147 4 INTEREST ON LOANS 522100 4872033 4872033 FEE INCOME 522100 1254759 1184804 69955 DEBIT AND CREDIT CARD 522100 1254176 1254176 COMMISSION INCOME 522100 188703 188703 95762 95762 7665433 838616 838616 14400 0 14400 14400 14400 24143 8546 0 0 24143 8546 32689 32689 8551138 7595478 69955 885705 1000 494768 2544064 182376 437355 235385 27176 38151 83407 248410 371426 471555 439233 4866 61662 259362 63692 DEBIT & CREDIT CARD EXP 753528 LOAN SERVICING EXPENSE 316616 DIVIDENDS ON MEMBER SHA 178919 DUES AND SUBSCRIPTIONS 55604 69649 7338204 1516921 1530774 28634990 21027085 308809 400910 98976769 101188450 277073 184202 9778466 4345051 4395657 5433415 11929735 11756057 22553624 39913624 5820029 6223692 174413607 187658209 1214339 1404445 157592672 169434234 158807011 170838679 X 0 0 0 0 15606596 16819530 15606596 16819530 174413607 187658209 1212934 0 X 0 0 0 1048740 1048740 4746370 1943415 2802955 545401 210594 334807 2512221 2191042 321179 925734 925734 5433415 DEPOSITS IN COMMERICAL BANKS 21232000 C LOANS TO AND INVESTMENTS IN NATURAL PERSON CREDIT UNIONS 17856000 C MEMBERSHIP CAPITAL AT CORP 329624 C ALL OTHER INVESTMENTS IN CORPORATE CREDIT UNIONS 496000 C 39913624 MEMBER SHARES & SAVINGS 169434234 169434234 X 1 1 X X 0 0 0 JEFFREY CLAUSSEN PRESIDENT & CEO 170849 0 21079 0 1032 0 28096 0 13129 0 234185 0 0 0 TANYA L BACIGALUPO FAMILY MEMBER OF OFFICER - JAMES BACIGALUPO 93789 EMPLOYMENT 0 AMENDED RETURN THIS RETURN IS BEING AMENDED TO REPORT A RELATED PARTY THAT WASN'T IDENTIFIED AT THE TIME OF FILING. THE FORM 990, PART IV, LINE 34 AND 35 HAS BEEN MARKED YES. IN ADDITION, SCHEDULE R PART II AND PART V WERE ADDED TO REPORT THE IDENTIFIED RELATED PARTY, ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION (EIN: 81-2373578). FORM 990, PART VI, SECTION A, LINE 2 JEFFREY CLAUSSEN AND JAMES BACIGALUPO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP TO THE ORGANIZATION IS LIMITED TO THOSE WHO ARE EMPLOYEES AND FAMILY MEMBERS OF SUCH EMPLOYEES OF THE ORGANIZATIONS STATED IN THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A ALL PRIMARY MEMBERS HAVE THE RIGHT TO VOTE TO ELECT MEMBERS TO OUR GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL ELIGIBLE MEMBERS MAY VOTE ON CHANGES TO THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION, APPROVAL OF DIRECTOR STIPENDS, THE REMOVAL OF DIRECTORS, OR THE REMOVAL OF ANOTHER MEMBER UNDER CERTAIN CIRCUMSTANCES. FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES ARE NOT GRANTED AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL COPY OF THE FORM 990 IS AVAILABLE TO EACH VOTING MEMBER OF THE GOVERNING BODY VIA A BOARD MEMBER WEBSITE AFTER THE CEO AND CFO DOES AN INITIAL REVIEW AND PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE MONITORED BY INTERNAL AUDITS, EXTERNAL (CPA FIRM) AUDITS, AND NCUA AND STATE EXAMS. ALL EMPLOYEES ARE COVERED BY THE POLICY, INCLUDING MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS. DETERMINATIONS ARE MADE BY THE PRESIDENT AND CEO. ACTUAL CONFLICTS ARE REVIEWED BY THE CHAIRPERSON OF THE BOARD AND THE MANAGEMENT TEAM. IF A CONFLICT ARISES, THE IDENTIFIED PERSON IS RESTRICTED AND MAY NOT VOTE OR MAKE RECOMMENDATIONS ON PROPOSALS FROM THOSE ENTITIES. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWED AND COLLECTED INFORMATION FROM CREDIT UNION EXECUTIVES SOCIETY (CUES), CREDIT UNION NATIONAL ASSOCIATION (CUNA) AND GOVERNMENT AGENCY RESOURCES TO FORMULATE RANGES FOR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE WEBSITE, WWW.AHCU.NET, AND ARE PROVIDED UPON WRITTEN REQUEST TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS ARE POSTED MONTHLY IN ALL OFFICES, AND ARE AVAILABLE QUARTERLY ON THE NCUA'S WEBSITE, WWW.NCUA.GOV. ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION 3505 NORTHDALE BLVD NW COON RAPIDS MN 55448 812373578 PROVIDE LOCAL SUPPORT MN 501(C)(3) LINE 8 ANOKA HENNEPIN CREDIT UNION 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0