COLLINS COMMUNITY CREDIT UNION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COLLINS COMMUNITY CREDIT UNION (EIN 42-0190489)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-08
- IRS object ID
- 201623139349301712
- Schema version
- 2015v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-08T12:58:08-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 E THOMAS RD STE 2300 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | 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 | STEPHANIE RUPERT | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3193939000 | PhoneNum |
| Signature | 2016-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANIS ISAACSON | PreparerPersonNm |
| PTIN | P00089104 | PTIN |
| Phone | 6022662248 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHANIE 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 | $45,064,059 | 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 | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 303 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $105,258 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$13,084 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,415,693 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $39,385,620 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,094,602 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,579,973 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$221,914 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $39,288,381 | PYTotalRevenueAmt |
| CY Total Revenue | $42,965,593 | 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 | $14,499,151 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,208,716 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,395,232 | PYOtherExpensesAmt |
| CY Other Expenses | $20,427,719 | CYOtherExpensesAmt |
| PY Total Expenses | $32,894,383 | PYTotalExpensesAmt |
| CY Total Expenses | $37,636,435 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,393,998 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,329,158 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $825,621,181 | TotalAssetsBOYAmt |
| Total Assets EOY | $924,526,374 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $746,718,177 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $840,231,256 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $78,903,004 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $84,295,118 | 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 | Yes (1) | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 20062 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 303 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | 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 | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| 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 | 3192944205 | 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 (21 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) | $1,451 | $0 | $0 | |||
| PETER SEYFER | ||||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | $1,451 | $0 | $0 | |||
| WILLIAM KOOISTRA | ||||||||
| FINANCIAL OFFICER | 1.00 | Yes (X) | $1,683 | $0 | $0 | |||
| TOM MANOR | ||||||||
| SECRETARY | 1.00 | Yes (X) | $1,451 | $0 | $0 | |||
| LISA THOMPSON | ||||||||
| AUDIT CHAIRPERSON | 1.00 | Yes (X) | $1,971 | $0 | $0 | |||
| CYNTHIA CULBERTSON | ||||||||
| AUDIT SECRETARY | 1.00 | Yes (X) | $1,683 | $0 | $0 | |||
| JON BUSE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,683 | $0 | $0 | |||
| DEKE MORROW | ||||||||
| CREDIT COMMITTEE CHAIRPERSON | 1.00 | Yes (X) | $1,863 | $0 | $0 | |||
| SUE NELSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $1,683 | $0 | $0 | |||
| JAMES LOCKE | ||||||||
| AUDIT COMMITTEE | 1.00 | Yes (X) | $12,682 | $0 | $0 | |||
| BARRY STUMP | ||||||||
| CREDIT COMMITTEE | 1.00 | Yes (X) | $9,255 | $0 | $0 | |||
| BENHART RICHARD | ||||||||
| PRESIDENT/CEO | 40.00 | $434,743 | $0 | $23,022 | Yes (X) | |||
| RUPERT STEFANIE | ||||||||
| CHIEF OPERATIONS OFFICER | 40.00 | $269,275 | $0 | $34,143 | Yes (X) | |||
| WICKUM BENJAMIN | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $138,561 | $0 | $16,772 | Yes (X) | |||
| EMKES JACK | ||||||||
| SENIOR VICE PRESIDENT | 40.00 | $200,407 | $0 | $28,750 | Yes (X) | |||
| FROST SCOTT | ||||||||
| CHIEF LENDING OFFICER | 40.00 | $160,893 | $0 | $26,035 | Yes (X) | |||
| VAUGHAN SANDRA | ||||||||
| SENIOR VICE PRESIDENT | 40.00 | $143,934 | $0 | $18,293 | Yes (X) | |||
| GOSHON DANA | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $195,897 | $0 | $26,920 | Yes (X) | |||
| MATSON AMBER | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $161,740 | $0 | $24,220 | Yes (X) | |||
| JENSEN TERESA | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $142,498 | $0 | $16,757 | Yes (X) | |||
| AXVIG THOMAS | ||||||||
| MORTGAGE LOAN OFFICER | 40.00 | $144,844 | $0 | $19,501 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,029,648 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $234,413 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | 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 |
|---|---|---|---|---|---|
| FISERV | |||||
| 75 REMITTANCE DRIVE SUITE 6974 | CHICAGO | IL | 606756974 | DATA PROCESSING SERVICES | $3,335,965 |
| WELLMARK INC | |||||
| PO BOX 10353 | DES MOINES | IA | 503060353 | MEDICAL INSURANCE | $1,568,589 |
| NEW YORK LIFE | |||||
| PO BOX 742545 | CINCINNATI | OH | 452742545 | LIFE INSURANCE | $1,153,155 |
| LAMACHIA | |||||
| 157 NORTH MILWAUKEE STREET | MILWAUKEE | WI | 53202 | BRANCH CONSTRUCTION | $886,256 |
| FINANCIAL SUPERMARKETS | |||||
| 383 CLARKSVILLE STREET | CORNELIA | GA | 30531 | BRANCH REMODELING | $605,654 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 24 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| PROGRAM SERVICE REVENUE | 522100 | $39,280,362 | $39,280,362 | |
| UNRELATED BUSINESS INCOME | 524298 | $105,258 | $105,258 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $39,385,620 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,920,398 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,920,398 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,342,231 | SecuritiesAmt |
| Other | $415,810 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,712,966 | SecuritiesAmt |
| Other | $385,500 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$370,735 | SecuritiesAmt |
| Other | $30,310 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$340,425 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$340,425 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,965,593 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,860,335 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $105,258 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | 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 | $2,264,061 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,358,552 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,675,163 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,597 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $943,343 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,816 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,508 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,476,751 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $854,756 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $576,508 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,216,812 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,274 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,567,372 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,156,014 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,896 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| OPERATIONS | $2,765,203 |
| PROVISION FOR LOSSES | $1,890,897 |
| OTHER EXPENSES | $485,912 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,636,435 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,138,164 | BOYAmt |
| EOY | $66,883,797 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,911 | BOYAmt |
| EOY | $2,804,272 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $590,476,255 | BOYAmt |
| EOY | $668,048,193 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $23,451,867 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,061,903 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,846,462 | BOYAmt |
| EOY | $10,389,964 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,721,288 | BOYAmt |
| EOY | $146,820,381 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,655,101 | BOYAmt |
| EOY | $29,579,767 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $825,621,181 | BOYAmt |
| EOY | $924,526,374 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $706,718,177 | BOYAmt |
| EOY | $750,231,256 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,000,000 | BOYAmt |
| EOY | $90,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $746,718,177 | BOYAmt |
| EOY | $840,231,256 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
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 | $78,903,004 | BOYAmt |
| EOY | $84,295,118 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,903,004 | BOYAmt |
| EOY | $84,295,118 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $825,621,181 | BOYAmt |
| EOY | $924,526,374 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,329,158 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $62,956 | 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 | $2,496,418 | OtherCostOrOtherBasisAmt |
| Book Value | $2,496,418 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,100,148 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,850,161 | DepreciationAmt |
| Book Value | $4,249,987 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,541,404 | OtherCostOrOtherBasisAmt |
| Depreciation | $797,552 | DepreciationAmt |
| Book Value | $743,852 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,632,135 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,580,079 | DepreciationAmt |
| Book Value | $1,052,056 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,681,762 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,834,111 | DepreciationAmt |
| Book Value | $1,847,651 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,389,964 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| AVAILABLE-FOR-SALE | $121,674,156 | F |
| FHLB STOCK | $4,590,800 | C |
| OTHER INVESTMENTS | $20,555,425 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $146,820,381 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BORROWED FUNDS FHLB | $45,000,000 |
| FHLB FED FUNDS PURCHASED | $45,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $90,000,000 | 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 EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2015 AND 2014. THE CREDIT UNION'S 2012 THROUGH 2015 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. | 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 | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BENHART RICHARD | ||||||||||||||
| PRESIDENT/CEO | $340,230 | $0 | $90,812 | $0 | $3,701 | $0 | $10,600 | $0 | $12,422 | $0 | $457,765 | $0 | $0 | $0 |
| RUPERT STEFANIE | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $219,349 | $0 | $49,207 | $0 | $719 | $0 | $22,474 | $0 | $11,669 | $0 | $303,418 | $0 | $0 | $0 |
| WICKUM BENJAMIN | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $115,320 | $0 | $22,911 | $0 | $330 | $0 | $12,562 | $0 | $4,210 | $0 | $155,333 | $0 | $0 | $0 |
| EMKES JACK | ||||||||||||||
| SENIOR VICE PRESIDENT | $122,304 | $0 | $77,733 | $0 | $370 | $0 | $18,560 | $0 | $10,190 | $0 | $229,157 | $0 | $0 | $0 |
| FROST SCOTT | ||||||||||||||
| CHIEF LENDING OFFICER | $131,687 | $0 | $28,792 | $0 | $414 | $0 | $15,234 | $0 | $10,801 | $0 | $186,928 | $0 | $0 | $0 |
| VAUGHAN SANDRA | ||||||||||||||
| SENIOR VICE PRESIDENT | $117,778 | $0 | $25,635 | $0 | $521 | $0 | $13,106 | $0 | $5,187 | $0 | $162,227 | $0 | $0 | $0 |
| GOSHON DANA | ||||||||||||||
| MORTGAGE LOAN OFFICER | $75,440 | $0 | $120,391 | $0 | $66 | $0 | $17,711 | $0 | $9,209 | $0 | $222,817 | $0 | $0 | $0 |
| MATSON AMBER | ||||||||||||||
| MORTGAGE LOAN OFFICER | $52,367 | $0 | $109,311 | $0 | $62 | $0 | $15,039 | $0 | $9,181 | $0 | $185,960 | $0 | $0 | $0 |
| JENSEN TERESA | ||||||||||||||
| MORTGAGE LOAN OFFICER | $55,350 | $0 | $87,062 | $0 | $86 | $0 | $7,491 | $0 | $9,266 | $0 | $159,255 | $0 | $0 | $0 |
| AXVIG THOMAS | ||||||||||||||
| MORTGAGE LOAN OFFICER | $53,683 | $0 | $91,107 | $0 | $54 | $0 | $10,377 | $0 | $9,124 | $0 | $164,345 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $18,000 | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (8 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| RICHARD BENHART | |||||||
| PRESIDENT/CEO | INSURANCE PREMIUM | Yes (X) | $567,509 | $567,509 | 0 | Yes (1) | Yes (1) |
| STEFANIE RUPERT | |||||||
| COO | INSURANCE PREMIUM | Yes (X) | $216,402 | $216,402 | 0 | Yes (1) | Yes (1) |
| RICHARD BENHART | |||||||
| PRESIDENT/CEO | INSURANCE PREMIUM | Yes (X) | $763,509 | $763,509 | 0 | Yes (1) | Yes (1) |
| STEFANIE RUPERT | |||||||
| COO | INSURANCE PREMIUM | Yes (X) | $329,577 | $329,577 | 0 | Yes (1) | Yes (1) |
| SCOTT FROST | |||||||
| CHIEF LENDING OFFICER | INSURANCE PREMIUM | Yes (X) | $227,812 | $227,812 | 0 | Yes (1) | Yes (1) |
| SANDRA VAUGHAN | |||||||
| SENIOR VICE PRESIDENT | INSURANCE PREMIUM | Yes (X) | $197,843 | $197,843 | 0 | Yes (1) | Yes (1) |
| JACK EMKES | |||||||
| SENIOR VICE PRESIDENT | INSURANCE PREMIUM | Yes (X) | $322,197 | $322,197 | 0 | Yes (1) | Yes (1) |
| BEN WICKUM | |||||||
| CHIEF FINANCIAL OFFICER | INSURANCE PREMIUM | Yes (X) | $179,423 | $179,423 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $2,804,272 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | IN OCTOBER OF 2015, WE OPENED A BRANCH IN DUBUQUE AT 4855 ASBURY RD, DUBUQUE, IA 52002. |
| FORM 990, PART III, LINE 3 | IN OCTOBER OF 2015, WE OPENED A BRANCH IN DUBUQUE AT 4855 ASBURY RD, DUBUQUE, IA 52002. |
| 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 11 | 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 | SHARE DRAFT CLEARING 37,199. SHARE DRAFT EXP. 246,179. OVERDRAFT EXPENSE 15,022. OUTSIDE SERVICES 1,241,936. OUTSIDE SERVICES - DEF -52,768. EDP FEES 601,931. PRINTING STATEMENT COST 89,810. E-STATEMENT PROCESSING 47,113. ATM EXPENSE 778,614. DEBIT CARD EXPENSE 1,454,643. ACCOUNT ACCESS EXPENSE 567,995. BILL PAYER EXPENSE 393,518. MERCHANT CC EXP 30,519. SHARED BRANCH SERVICES 25,040. |
| FORM 990, PART XI, LINE 9: | CHANGE IN UNREALIZED GAIN/LOSS ON SECURITIES AVAILABLE-FOR-SALE -1,958,785. GAIN/LOSS INCURRED IN CURRENT YEAR ON PENSION BENEFIT OBLIGATION 2,021,742. ROUNDING -1. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. |
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 | -$30 | TotalIncomeAmt |
| End Of Year Assets | $5,146 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLINS COMMUNITY CREDIT UNION | BusinessNameLine1Txt |