2016-11-08T12:58:08-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2015-01-01 420190489 COLLINS COMMUNITY CREDIT UNION COLL 3193939000 PO BOX 10500 CEDAR RAPIDS IA 52410 STEPHANIE RUPERT CEO 3193939000 2016-10-26 1 JANIS ISAACSON P00089104 6022662248 2015 2017-02-10 21:41:12Z STEPHANIE RUPERT PO BOX 10500 CEDAR RAPIDS IA 52410 45064059 0 X WWW.COLLINSCU.ORG X 1940 IA OUR MISSION IS TO DEVOTE OURSELVES TO FINANCIAL SUCCESS FOR ALL. 9 9 303 9 105258 -13084 0 0 35415693 39385620 4094602 3579973 -221914 0 39288381 42965593 0 0 0 0 14499151 17208716 0 0 0 18395232 20427719 32894383 37636435 6393998 5329158 825621181 924526374 746718177 840231256 78903004 84295118 X OUR MISSION IS TO DEVOTE OURSELVES TO FINANCIAL SUCCESS FOR ALL. 1 1 FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS 0 0 0 0 0 0 0 0 0 1 1 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 0 0 0 1 20062 0 1 303 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IA X FINANCE DEPARTMENT - COLLINS CCU 3192944205 PO BOX 10500 CEDAR RAPIDS IA 52410 MARSHA SCHULTE CHAIRPERSON 1.00 X 1451 0 0 PETER SEYFER VICE CHAIRPERSON 1.00 X 1451 0 0 WILLIAM KOOISTRA FINANCIAL OFFICER 1.00 X 1683 0 0 TOM MANOR SECRETARY 1.00 X 1451 0 0 LISA THOMPSON AUDIT CHAIRPERSON 1.00 X 1971 0 0 CYNTHIA CULBERTSON AUDIT SECRETARY 1.00 X 1683 0 0 JON BUSE BOARD MEMBER 1.00 X 1683 0 0 DEKE MORROW CREDIT COMMITTEE CHAIRPERSON 1.00 X 1863 0 0 SUE NELSON BOARD MEMBER 1.00 X 1683 0 0 JAMES LOCKE AUDIT COMMITTEE 1.00 X 12682 0 0 BARRY STUMP CREDIT COMMITTEE 1.00 X 9255 0 0 BENHART RICHARD PRESIDENT/CEO 40.00 X 434743 0 23022 RUPERT STEFANIE CHIEF OPERATIONS OFFICER 40.00 X 269275 0 34143 WICKUM BENJAMIN CHIEF FINANCIAL OFFICER 40.00 X 138561 0 16772 EMKES JACK SENIOR VICE PRESIDENT 40.00 X 200407 0 28750 FROST SCOTT CHIEF LENDING OFFICER 40.00 X 160893 0 26035 VAUGHAN SANDRA SENIOR VICE PRESIDENT 40.00 X 143934 0 18293 GOSHON DANA MORTGAGE LOAN OFFICER 40.00 X 195897 0 26920 MATSON AMBER MORTGAGE LOAN OFFICER 40.00 X 161740 0 24220 JENSEN TERESA MORTGAGE LOAN OFFICER 40.00 X 142498 0 16757 AXVIG THOMAS MORTGAGE LOAN OFFICER 40.00 X 144844 0 19501 2029648 0 234413 16 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6974 CHICAGO IL 606756974 DATA PROCESSING SERVICES 3335965 WELLMARK INC PO BOX 10353 DES MOINES IA 503060353 MEDICAL INSURANCE 1568589 NEW YORK LIFE PO BOX 742545 CINCINNATI OH 452742545 LIFE INSURANCE 1153155 LAMACHIA 157 NORTH MILWAUKEE STREET MILWAUKEE WI 53202 BRANCH CONSTRUCTION 886256 FINANCIAL SUPERMARKETS 383 CLARKSVILLE STREET CORNELIA GA 30531 BRANCH REMODELING 605654 24 PROGRAM SERVICE REVENUE 522100 39280362 39280362 UNRELATED BUSINESS INCOME 524298 105258 105258 39385620 3920398 3920398 1342231 415810 1712966 385500 -370735 30310 -340425 -340425 42965593 42860335 105258 0 X 2264061 10358552 2675163 967597 943343 194816 176508 5476751 854756 576508 1216812 45274 5567372 1156014 20896 OPERATIONS 2765203 PROVISION FOR LOSSES 1890897 OTHER EXPENSES 485912 37636435 74138164 66883797 783911 2804272 590476255 668048193 23451867 13061903 8846462 10389964 136721288 146820381 14655101 29579767 825621181 924526374 706718177 750231256 40000000 90000000 746718177 840231256 X 0 0 0 0 78903004 84295118 78903004 84295118 825621181 924526374 X 5329158 62956 X X 0 1 X 1 0 2496418 2496418 10100148 5850161 4249987 1541404 797552 743852 3632135 2580079 1052056 5681762 3834111 1847651 10389964 AVAILABLE-FOR-SALE 121674156 F FHLB STOCK 4590800 C OTHER INVESTMENTS 20555425 C 146820381 BORROWED FUNDS FHLB 45000000 FHLB FED FUNDS PURCHASED 45000000 90000000 X PART X, LINE 2: 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. X X 1 1 X X X 0 1 0 BENHART RICHARD PRESIDENT/CEO 340230 0 90812 0 3701 0 10600 0 12422 0 457765 0 0 0 RUPERT STEFANIE CHIEF OPERATIONS OFFICER 219349 0 49207 0 719 0 22474 0 11669 0 303418 0 0 0 WICKUM BENJAMIN CHIEF FINANCIAL OFFICER 115320 0 22911 0 330 0 12562 0 4210 0 155333 0 0 0 EMKES JACK SENIOR VICE PRESIDENT 122304 0 77733 0 370 0 18560 0 10190 0 229157 0 0 0 FROST SCOTT CHIEF LENDING OFFICER 131687 0 28792 0 414 0 15234 0 10801 0 186928 0 0 0 VAUGHAN SANDRA SENIOR VICE PRESIDENT 117778 0 25635 0 521 0 13106 0 5187 0 162227 0 0 0 GOSHON DANA MORTGAGE LOAN OFFICER 75440 0 120391 0 66 0 17711 0 9209 0 222817 0 0 0 MATSON AMBER MORTGAGE LOAN OFFICER 52367 0 109311 0 62 0 15039 0 9181 0 185960 0 0 0 JENSEN TERESA MORTGAGE LOAN OFFICER 55350 0 87062 0 86 0 7491 0 9266 0 159255 0 0 0 AXVIG THOMAS MORTGAGE LOAN OFFICER 53683 0 91107 0 54 0 10377 0 9124 0 164345 0 0 0 PART I, LINE 4B RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $18,000 RICHARD BENHART PRESIDENT/CEO INSURANCE PREMIUM X 567509 567509 0 1 1 STEFANIE RUPERT COO INSURANCE PREMIUM X 216402 216402 0 1 1 RICHARD BENHART PRESIDENT/CEO INSURANCE PREMIUM X 763509 763509 0 1 1 STEFANIE RUPERT COO INSURANCE PREMIUM X 329577 329577 0 1 1 SCOTT FROST CHIEF LENDING OFFICER INSURANCE PREMIUM X 227812 227812 0 1 1 SANDRA VAUGHAN SENIOR VICE PRESIDENT INSURANCE PREMIUM X 197843 197843 0 1 1 JACK EMKES SENIOR VICE PRESIDENT INSURANCE PREMIUM X 322197 322197 0 1 1 BEN WICKUM CHIEF FINANCIAL OFFICER INSURANCE PREMIUM X 179423 179423 0 1 1 2804272 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. 1150 PROPERTIES LLC 1150 42ND ST NE CEDAR RAPIDS IA 52402 420190489 PROPERTY MANAGEMENT SERVICES FOR SELECT PROPERTIES IA -30 5146 COLLINS COMMUNITY CREDIT UNION