2018-11-15T14:10:33-06:00 2017-12-31 420714325 RSM US LLP 4801 MAIN STREET SUITE 400 KANSAS CITY MO 64112 990 2017-01-01 446015072 COMMUNITYAMERICA CREDIT UNION COMM 9139057000 9777 RIDGE DRIVE LENEXA KS 66219 AMY DOLL CONTROLLER 9139057000 2018-11-14 1 STEVE JOHNSON P00092656 8167533000 108.171.131.187 2018-11-14 11:35:41 CS P E5E142FFE0F42599D3D33580B672DF4AAABE492F E5E142FFE0F42599D3D33580B672DF4AAABE492F 2017 2019-02-21 02:37:17Z LISA GINTER 9777 RIDGE DRIVE LENEXA KS 66219 162869543 0 1984 X WWW.CACU.COM X 1940 MO COMMUNITYAMERICA CREDIT UNION'S PRIMARY MISSION IS TO PROMOTE THE FINANCIAL WELL BEING OF ITS CREDIT UNION MEMBERS THROUGH FINANCIAL SERVICES AND PRODUCTS. 10 10 1096 17 647712 -549085 0 0 133027202 141844138 24468326 20934504 373330 90901 157868858 162869543 0 0 0 0 60091004 63400283 0 0 0 75743205 83308092 135834209 146708375 22034649 16161168 2388440727 2557690280 2081466959 2242151798 306973768 315538482 COMMUNITYAMERICA CREDIT UNION'S PRIMARY PURPOSE IS TO PROMOTE THE FINANCIAL WELL BEING OF ITS CREDIT UNION MEMBERS THROUGH FINANCIAL SERVICES AND PRODUCTS. 0 0 COMMUNITYAMERICA CREDIT UNION PROVIDES FINANCIAL PRODUCTS AND SERVICES TO 219,036 MEMBERS. THE FINANCIAL PRODUCTS AND SERVICES PROVIDED TO OUR MEMBERS INCLUDED 30,746 LOANS AT COMPETITIVE RATES. THE FINANCIAL PRODUCTS AND SERVICES PROVIDED TO OUR MEMBERS ALSO INCLUDE 455,866 DEPOSIT ACCOUNTS AT COMPETITIVE YIELDS. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 83682 0 1 1096 1 1 1 0 0 0 0 0 X 10 10 1 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 0 1 1 0 0 X TIMOTHY SARACINI 9139057000 9777 RIDGE DRIVE LENEXA KS 66219 RICHARD MILLER DIRECTOR 1.00 X 0 0 0 TRENT SKAGGS DIRECTOR 1.00 X 0 0 0 RICHARD WETZEL DIRECTOR 1.00 X 0 0 0 KERRY DOMKE VICE-CHAIRMAN 1.00 X X 0 0 0 HAL BENTLEY SUPERVISORY COMMITTEE 1.00 X 0 0 0 STEPHANIE FISHER THRU MAY 2017 SUPERVISORY COMMITTEE 1.00 X 0 0 0 JOSEPH WILLIAMS SUPERVISORY COMMITTEE CHAIR 1.00 X 0 0 0 AMY MCANARNEY SECRETARY/TREASURER 1.00 X X 0 0 0 DEAN NEWTON CHAIRMAN 1.00 X X 0 0 0 MELANIE COLEMAN SUPERVISORY COMMITTEE 1.00 X 0 0 0 STEPHEN KROPP DIRECTOR 1.00 X 0 0 0 DAVID SHEPARD DIRECTOR 1.00 X 0 0 0 JOSHUA JOHNSON SUPERVISORY COMMITTEE 1.00 X 0 0 0 TRACY CHRISTIAN SUPERVISORY COMMITTEE 1.00 X 0 0 0 ALAN LOWDEN DIRECTOR 1.00 X 0 0 0 ALOK SRIVASTAVA DIRECTOR 1.00 X 0 0 0 YIJING BRENTANO THRU MAY 2017 DIRECTOR 1.00 X 0 0 0 COLLEEN BROWNE CPO 40.00 X 383184 0 58190 LISA GINTER CEO 40.00 X 1403556 0 41028 RICHARD SCHIER SVP - CHIEF MEMBER OFFICER 40.00 X 319156 0 40016 TIMOTHY SARACINI CFO 40.00 X 406275 0 57006 MIKE HAGGERTY PRES/COO OF CUSO ONE AND PRES OF CAFS 40.00 X 506529 0 39602 PAM BERNEKING CHIEF COMMERCIAL OFFICER 40.00 X 238790 0 32497 LINDA BORING VP, DEPOSIT & SALES OPERATIONS 40.00 X 189497 0 34215 AMY DOLL VP, FINANCE & ACCOUNTING/CONTROLLER 40.00 X 167299 0 12812 MATT JOHNSON VP, MARKETING 40.00 X 131873 0 28439 JOHN WATTS VP, CORPORATE PROPERTIES & ASST. GENERAL COUNSEL 40.00 X 171788 0 33073 MICHAEL FINLEY VP, INNOVATIONS 40.00 X 48490 0 8329 LIZ LEWIS VP, COMMERCIAL OPERATIONS 40.00 X 182994 0 27056 BRIAN LUGER VP, CONSUMER LENDING 40.00 X 151465 0 31255 DEBRA SWEARINGEN VP, COMMERCIAL BANKING 40.00 X 153321 0 17050 SEREPTHA HELM CHIEF STRATEGY OFFICER 40.00 X 410350 0 22552 JUSTIN STEITZ COO CAFS 40.00 X 201720 0 37401 GUY RUSSO CIO 40.00 X 1113766 0 58367 CARRIE O'CONNOR SVP - CHIEF CONSUMER LENDI 40.00 X 224518 0 29334 AMY GROTHAUS VP, MEMBER EXPERIENCE 40.00 X 170936 0 33737 MICHAEL GARRETT TREASURER 40.00 X 174580 0 38352 VICTORIA SNEED VP DIGITAL SOLUTIONS 40.00 X 254676 0 8319 EDWIN RAFFERTY MORTGAGE CONSULTANT 40.00 X 605025 0 40147 JASON KEPLER MORTGAGE CONSULTANT 40.00 X 330893 0 36314 TIMOTHY MCGRATH MORTGAGE CONSULTANT 40.00 X 254249 0 27545 DENNIS PIERCE LEGISLATIVE LIAISON 40.00 X 1301896 0 4195 SCOTT PFEIFER FINANCIAL PLANNING VP 40.00 X 285430 0 29811 9782256 0 826642 74 0 1 0 AL HUBER 10770 EL MONTE OVERLAND PARK KS 66211 GENERAL CONTRACTING 2674400 NCR CORPORATION 14181 COLLECTIONS DRIVE CHICAGO IL 60693 COMPUTER HARDWARE 2475875 DITECH FINANCIAL LLC PO BOX 6172 RAPID CITY SD 57709 MORTGAGE PAYMENT 1835370 DIGITAL INSIGHT CORPORATION PO BOX 740641 LOS ANGELES CA 90074 ONLINE/MOBILE SERVICES 1542563 CACTUS COMMUNICATIONS INC 2128 15TH STREET DENVER CO 80202 MARKETING/MEDIA 1342738 20 INTEREST ON LOANS 522200 71641267 71641267 SERVICE FEES 522100 45812558 45120899 691659 OTHER OPERATING INCOME 900099 13796063 13796063 INTEREST ON INVESTMENTS 525990 11026724 11026724 ALL OTHER PROGRAM SERVICE REVENUE 525990 158172 80451 10939 66782 -590646 -535760 -54886 141844138 90901 0 90901 90901 90901 20934504 0 20934504 20934504 20934504 162869543 162064148 647712 157683 7693394 43152150 3654932 5029693 3870114 274384 466054 450807 8760838 5988596 8931645 8488266 5508117 598347 742591 17988680 4469607 427581 PROVISION FOR LOAN LOSS 9649900 MISCELLANEOUS OPERATION 6074823 LOAN SERVICING 3501209 DUES AND SUBSCRIPTIONS 795782 190865 146708375 111362724 122892163 16528283 59582520 7455 2568 3529168 3666783 1478198085 1642741041 34585418 33510125 99653210 44242982 50349905 55410228 594838544 537096665 39850136 42225443 459822 459822 58731187 60102922 2388440727 2557690280 18429545 20792528 2649856 2527455 1918455160 2043236264 112521619 141705952 29410779 33889599 2081466959 2242151798 X 0 0 0 0 306973768 315538482 306973768 315538482 2388440727 2557690280 X 16161168 684266 -8280720 X X 0 1 X 1 0 15600 PART I-A, LINE 1: COMMUNITYAMERICA DONATES FUNDS TO VARIOUS POLITICAL ACTION COMMITTEES AND STATE AND LOCAL GOVERNMENT CANDIDATES THAT PROMOTE AND SUPPORT THE ACTIVITIES OF FINANCIAL INSTITUTIONS, AND MISSOURI AND KANSAS BUSINESSES. 0 1 X 12802323 12802323 41445172 18076007 23369165 5739120 4184401 1554719 32311955 21982574 10329381 7354640 7354640 55410228 OTHER LIABILITIES 22836580 SPECIAL DIVIDENDS TO MEMBERS 8100000 DEFERRED COMP LIABILITY 2953019 33889599 X PART IV, LINE 2B: AS PART OF OUR NORMAL FIRST MORTGAGE LOAN SERVICING PROCESSES, PAYMENTS ARE COLLECTED MONTHLY FROM THE BORROWER AND PLACED IN ESCROW TO PAY THEIR REAL ESTATE TAXES AND HOMEOWNER INSURANCE. COMMUNITYAMERICA PAYS THE TAXES AND INSURANCE PREMIUMS WHEN DUE ON BEHALF OF THE BORROWER. PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC 740, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CREDIT UNION MAY RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THIS STANDARD DID NOT HAVE AN IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS AND THE CREDIT UNION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. X X X 1 1 X 1 1 0 COLLEEN BROWNE CPO 264942 0 117000 0 1242 0 34000 0 24190 0 441374 0 0 0 LISA GINTER CEO 507244 0 269140 0 627172 0 16000 0 25028 0 1444584 0 0 0 RICHARD SCHIER SVP - CHIEF MEMBER OFFICER 220854 0 91625 0 6677 0 16000 0 24016 0 359172 0 0 0 TIMOTHY SARACINI CFO 279203 0 124750 0 2322 0 34000 0 23006 0 463281 0 0 0 MIKE HAGGERTY PRES/COO OF CUSO ONE AND PRES OF CAF 222387 0 283639 0 503 0 14048 0 25554 0 546131 0 0 0 PAM BERNEKING CHIEF COMMERCIAL OFFICER 214242 0 16500 0 8048 0 14394 0 18103 0 271287 0 0 0 LINDA BORING VP, DEPOSIT & SALES OPERATIONS 146172 0 42015 0 1310 0 11640 0 22575 0 223712 0 0 0 AMY DOLL VP, FINANCE & ACCOUNTING/CONTROLLER 141061 0 25833 0 405 0 10112 0 2700 0 180111 0 0 0 MATT JOHNSON VP, MARKETING 108224 0 23425 0 224 0 8496 0 19943 0 160312 0 0 0 JOHN WATTS VP, CORPORATE PROPERTIES & ASST. GEN 136341 0 35017 0 430 0 10816 0 22257 0 204861 0 0 0 LIZ LEWIS VP, COMMERCIAL OPERATIONS 162648 0 20000 0 346 0 8750 0 18306 0 210050 0 0 0 BRIAN LUGER VP, CONSUMER LENDING 125539 0 24840 0 1086 0 9464 0 21791 0 182720 0 0 0 DEBRA SWEARINGEN VP, COMMERCIAL BANKING 150128 0 2500 0 693 0 9220 0 7830 0 170371 0 0 0 SEREPTHA HELM CHIEF STRATEGY OFFICER 96088 0 89375 0 224887 0 9288 0 13264 0 432902 0 0 0 JUSTIN STEITZ COO CAFS 165989 0 35366 0 365 0 12739 0 24662 0 239121 0 0 0 GUY RUSSO CIO 235608 0 87947 0 790211 0 32756 0 25611 0 1172133 0 0 0 CARRIE O'CONNOR SVP - CHIEF CONSUMER LENDI 143963 0 80125 0 430 0 12436 0 16898 0 253852 0 0 0 AMY GROTHAUS VP, MEMBER EXPERIENCE 135304 0 32604 0 3028 0 10648 0 23089 0 204673 0 0 0 MICHAEL GARRETT TREASURER 139210 0 34931 0 439 0 14480 0 23872 0 212932 0 0 0 VICTORIA SNEED VP DIGITAL SOLUTIONS 37334 0 35932 0 181410 0 2957 0 5362 0 262995 0 0 0 EDWIN RAFFERTY MORTGAGE CONSULTANT 603171 0 1854 0 0 0 16000 0 24147 0 645172 0 0 0 JASON KEPLER MORTGAGE CONSULTANT 329039 0 1854 0 0 0 16000 0 20314 0 367207 0 0 0 TIMOTHY MCGRATH MORTGAGE CONSULTANT 252395 0 1854 0 0 0 14430 0 13115 0 281794 0 0 0 DENNIS PIERCE LEGISLATIVE LIAISON 37302 0 983902 0 280692 0 0 0 4195 0 1306091 0 0 0 SCOTT PFEIFER FINANCIAL PLANNING VP 283576 0 1854 0 0 0 16000 0 13811 0 315241 0 0 0 PART I, LINE 1A COMMUNITYAMERICA PROVIDED TRAVEL FOR COMPANIONS, IF REQUESTED, FOR ALL PERSONS LISTED. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION TO THE PERSON LISTED, BUT TO THE TRAVELING COMPANION. GROSSED-UP LONG TERM DISABILITY PREMIUMS ARE INCLUDED IN DENNIS PIERCE'S TAXABLE COMPENSATION. THE SENIOR OFFICERS OF COMMUNITYAMERICA ARE REIMBURSED FOR INCOME TAX PREPARATION EXPENSES, IF REQUESTED. THESE REIMBURSEMENTS ARE INCLUDED IN THEIR TAXABLE COMPENSATION. PART I, LINES 4A-B 4A: THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT OR A CHANGE OF CONTROL PAYMENT: VICTORIA SNEED - $180,907 SEREPTHA HELM - $224,569 4B: THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: TIM SARACINI - $18,000 MICHAEL GARRETT - $5,534 COLLEEN BROWNE - $18,000 GUY RUSSO - $17,235 TRENT SKAGGS BOARD MEMBER PERSONAL X 348732 183942 0 0 1 STEPHEN KROPP BOARD MEMBER PERSONAL X 42628 18553 0 0 1 LINDA BORING OFFICER PERSONAL X 200000 93134 0 0 1 MICHAEL GARRETT KEY EMPLOYEE PERSONAL X 695296 617304 0 0 1 LISA GINTER OFFICER PERSONAL X 1347136 1250226 0 0 1 AMY GROTHAUS OFFICER PERSONAL X 0 11575 0 0 1 GUY RUSSO KEY EMPLOYEE PERSONAL X 257500 241219 0 0 1 TIM SARACINI OFFICER PERSONAL X 0 1276 0 0 1 RICK SCHIER OFFICER PERSONAL X 366554 263995 0 0 1 JOHN WATTS OFFICER PERSONAL X 216000 199402 0 0 1 AMY DOLL OFFICER PERSONAL X 354000 347728 0 0 1 MATT JOHNSON OFFICER PERSONAL X 410567 394570 0 0 1 PAM BERNEKING OFFICER PERSONAL X 0 7168 0 0 1 BRIAN LUGER OFFICER PERSONAL X 57500 36691 0 0 1 3666783 FORM 990, PART VI, SECTION A, LINE 2 LISA GINTER, CEO OF COMMUNITY AMERICA CREDIT UNION, AND MIKE HAGGERTY, PRESIDENT/COO OF CUSO ONE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 AS A COOPERATIVE, COMMUNITYAMERICA IS OWNED BY ITS MEMBERS. TO BE A MEMBER, YOU MUST MEET CERTAIN QUALIFICATIONS. MEMBERSHIP ENTITLES YOU TO CONDUCT BUSINESS WITH THE CREDIT UNION AND VOTE IN MATTERS OF THE CREDIT UNION. EVERY MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A COMMUNITYAMERICA UTILIZES A NOMINATING COMMITTEE TO PROPOSE CANIDATES FOR THE BOARD OF DIRECTORS. NOMINATIONS FOR VACANCIES AND/OR AGENDA ITEMS FOR THE ANNUAL MEETING MAY BE SUBMITTED BY THE GENERAL MEMBERSHIP BY PETITION. BOARD MEMBERS ARE APPROVED AT THE ANNUAL MEETING BY ACCLAMATION. FORM 990, PART VI, SECTION A, LINE 7B AN ACTUAL VOTE BY THE MEMBERSHIP IS REQUIRED TO CHANGE THE CREDIT UNION'S CHARTER OR CERTAIN BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL NOT BE REVIEWED BY MEMBERS OF THE MANAGEMENT TEAM PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY PERSON OR ENTITY THAT THEY HAVE A RELATIONSHIP WITH ON AN ANNUAL BASIS. THESE RELATIONSHIPS ARE CODED INTO FINANCIAL SOFTWARE THAT PREVENTS A PERSON FROM PERFORMING TRANSACTIONS ON A RELATED ACCOUNT. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE DETERMINES THE RECOMMENDED COMPENSATION FOR THE CEO. AN INDEPENDENT COMPENSATION CONSULTANT UTILIZES COMPARABILTIY DATA TO DETERMINE THE CEO COMPENSATION PACKAGE. THE COMMITTEE'S RECOMMENDATION IS THEN PRESENTED TO THE BOARD FOR THEIR APPROVAL. THE CEO DETERMINES THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 COMMUNITYAMERICA WILL CONSIDER MAKING ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FINANCIAL STATEMENTS ARE POSTED MONTHLY AT EACH BRANCH FOR PUBLIC REVIEW. THEY ARE ALSO AVAILABLE AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9: PASS-THROUGH INCOME FROM PARTNERSHIPS -158,172. ACCUMULATED OTHER COMPREHENSIVE INCOME -786,029. NONCONTROLLING INTEREST -2,429,431. PRIOR PERIOD ADJUSTMENT -4,907,088. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS CHANGED DURING THE TAX YEAR. COMMUNITYAMERICA CUSO ONE LLC 9777 RIDGE DRIVE LENEXA KS 66219 431925982 HOLDING COMPANY MO 2244274 69563104 COMMUNITYAMERICA CREDIT UNION COMMUNITYAMERICA FINANCIAL SOLUTIONS 9777 RIDGE DRIVE LENEXA KS 66219 260046643 SECURITIES AND ADVISORY SERVICES MO 307079 2612270 COMMUNITYAMERICA CUSO ONE CASE LLC 9777 RIDGE DRIVE LENEXA KS 66219 HOLDING COMPANY MO 0 0 COMMUNITYAMERICA CREDIT UNION TRUHOME SOLUTIONS LLC 9601 LEGLER ROAD LENEXA KS 66219 760762186 MORTGAGE ORIGINATION AND SERVICING MO CUSO ONE LLC RELATED 498613 43285677 0 1 0.61650 TRUHOME TITLE SOLUTIONS LLC 14215 E 42ND STREET S INDEPENDENCE MO 64055 204959088 MORTGAGE TITLE AND CLOSING SERVICES MO CUSO ONE LLC RELATED 98152 403095 0 1 0.68500 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 TRUEHOME SOLUTIONS LLC M 452928 FMV TRUEHOME SOLUTIONS LLC O 33111 FMV TRUEHOME SOLUTIONS LLC Q 908441 FMV TRUEHOME TITLE SOLUTIONS LLC O 6881 FMV TRUEHOME TITLE SOLUTIONS LLC Q 102296 FMV