CENTRALALLIANCE CREDIT UNION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- CENTRALALLIANCE CREDIT UNION (EIN 39-0445714)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-12
- IRS object ID
- 201521329349302722
- Schema version
- 2014v5.0
- 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 | 2015-05-12T13:03:05-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | PO BOX 217 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55912 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390445714 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIMCENTRAL CREDIT UNION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIMC | BusinessNameControlTxt |
| Phone | 9207202572 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1Txt |
| City | NEENAH | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54956 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TONNI LARSON | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 9207202572 | PhoneNum |
| Signature | 2015-04-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TANYA MEDGAARDEN | PreparerPersonNm |
| PTIN | P01717240 | PTIN |
| Phone | 5074347000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TONNI LARSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1Txt |
| City | NEENAH | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54956 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,032,569 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.KIMCENTRAL.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | CU | OtherOrganizationDsc |
| Formation | 1934 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | KIMCENTRAL CREDIT UNION EXISTS TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO MEMBERS OF SPECIFIC SELECT EMPLOYEE GROUPS AND GEOGRAPHICAL LOCATIONS AS FOLLOWS: EMPLOYEES AND THEIR FAMILIES WHO ARE EMPLOYED BY KIMBERLY-CLARK CORP, GULF STREAM AEROSPACE, AND COGNIZANT TECHNOLOGY SOLUTIONS TO INCLUDE INDIVIDUALS WHO WORK OR RESIDE IN CALUMET, OUTAGAMIE, MANITOWOC, WAUPACA, SHAWANO, AND WINNEBAGO COUNTIES AND ALL LAW ENFORECEMENT PERSONNEL AND/OR FIREFIGHTERS CURRENTLY EMPLOYED OR RETIRED TO INCLUDE ANY MEMBER OF AN ORGANIZATION OR NOT FOR PROFIT GROUP THAT HAS A LAW ENFORCEMENT OR FIREFIGHTER FOCUS THROUGHT THE STATE OF WISCONSIN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 31 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $3,906 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$23,975 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,676,113 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,597,170 | CYProgramServiceRevenueAmt |
| PY Investment Income | $496,707 | PYInvestmentIncomeAmt |
| CY Investment Income | $600,399 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,172,820 | PYTotalRevenueAmt |
| CY Total Revenue | $2,197,569 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $134,667 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $131,730 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,017,133 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $994,178 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $891,475 | PYOtherExpensesAmt |
| CY Other Expenses | $907,954 | CYOtherExpensesAmt |
| PY Total Expenses | $2,043,275 | PYTotalExpensesAmt |
| CY Total Expenses | $2,033,862 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $129,545 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $163,707 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,354,377 | TotalAssetsBOYAmt |
| Total Assets EOY | $70,815,008 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $53,084,002 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $56,543,387 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,270,375 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,271,621 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KIMCENTRAL CREDIT UNION EXISTS TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO MEMBERS OF SPECIFIC SELECT EMPLOYEE GROUPS AND GEOGRAPHICAL LOCATIONS AS FOLLOWS: EMPLOYEES AND THEIR FAMILIES WHO ARE EMPLOYED BY KIMBERLY-CLARK CORP, GULF STREAM AEROSPACE, AND COGNIZANT TECHNOLOGY SOLUTIONS TO INCLUDE INDIVIDUALS WHO WORK OR RESIDE IN CALUMET, OUTAGAMIE, MANITOWOC, WAUPACA, SHAWANO, AND WINNEBAGO COUNTIES AND ALL LAW ENFORECEMENT PERSONNEL AND/OR FIREFIGHTERS CURRENTLY EMPLOYED OR RETIRED TO INCLUDE ANY MEMBER OF AN ORGANIZATION OR NOT FOR PROFIT GROUP THAT HAS A LAW ENFORCEMENT OR FIREFIGHTER FOCUS THROUGHT THE STATE OF WISCONSIN. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | KIMCENTRAL PAID MEMBERS 8% OF THE YEAR-TO-DATE INTEREST THEY PAID TO THE CREDIT UNION IN 2014 ON BORROWED MONEY FROM JAN - NOV. MEMBERS RECEIVED DEPOSITS TO THEIR SAVINGS ACCOUNTS IN DECEMBER. TOTAL INTEREST REFUND PAID BACK TO MEMBERS - $38,256. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KIMCENTRAL OPERATES A CREDIT UNION OFFICE INSIDE A LOCAL HIGH SCHOOL. STUDENTS RUN THE CREDIT UNION OFFICES TO EDUCATE YOUTH GOOD FINANCIAL MANAGEMENT SKILLS. STAFF ALSO SPEND TIME IN CLASS ROOMS SPEAKING TO ACCOUNTING, BUSINESS AND MARKETING CLASSES. KCCU ALSO SPONSORS FINANCIAL LITERACY EVENTS SUCH AS SOCIAL SECURITY AND TAX SEMINARS, FINANCIAL AND ESTATE PLANNING SEMINARS. KCCU PARTNERED HOSTED A COMMUNITY FREE SHREDFEST AND COLLECTED DONATIONS FOR A LOCAL K9 UNIT IN OUTAGAMIE COUNTY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | KIMCENTRAL PROVIDED LOANS TO OVER 500 MEMBERS IN 2014 AND PAID $38,256 BACK TO MEMBERS IN LOAN INTEREST REWARDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | 0 | 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 | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1009 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 31 | 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 | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | 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 | 0 | LocalChaptersInd |
| 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN RISKE | PersonNm |
| Phone | 9207202572 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1Txt |
| City | NEENAH | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54956 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TONNI LARSON | ||||||
| PRESIDENT/CEO | 50.00 | Yes (X) | Yes (X) | $406,896 | $0 | $10,250 |
| CARRIE BONNELL | ||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| THOMAS RING | ||||||
| VICE-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DEBRA MALCOLM | ||||||
| SECRETARY/TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES KEARNEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CALVIN LEWIS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS BOROWSKI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KAREN RISKE | ||||||
| SENIOR VICE PRESIDENT | 45.00 | Yes (X) | $169,017 | $0 | $8,646 | |
| BRENDA DEWALL | ||||||
| ASST VICE PRESIDENT LENDING | 50.00 | Yes (X) | $61,354 | $0 | $9,384 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $637,267 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $28,280 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FISERV | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 REMITTANCE DRIVE STE 6944 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606756944 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | DATA PROCESSING | ServicesDesc |
| Compensation | $206,191 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LOAN INTEREST | 900099 | $1,256,618 | $1,256,618 | |
| OTHER INCOME | 524298 | $232,704 | $232,704 | |
| FEE INCOME | 522100 | $107,848 | $103,942 | $3,906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,597,170 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $597,683 | TotalRevenueColumnAmt |
| Exclusion | $597,683 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $837,716 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $835,000 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,716 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,716 | TotalRevenueColumnAmt |
| Exclusion | $2,716 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,197,569 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,593,264 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,906 | UnrelatedBusinessRevenueAmt |
| Exclusion | $600,399 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,730 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,547 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,231 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,101 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,250 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,049 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,002 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,129 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,550 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,571 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,929 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,214 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| LOAN SERVICING EXPENSE | $125,325 |
| EDUCATIONAL AND PROMOTI | $96,171 |
| OREO IMPAIRMENT | $32,405 |
| OPERATING FEES | $13,728 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,930 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,033,862 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,460,431 | BOYAmt |
| EOY | $11,037,696 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,000 | BOYAmt |
| EOY | $395,000 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,482,682 | BOYAmt |
| EOY | $27,913,762 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,912,156 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,279,367 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,655,452 | BOYAmt |
| EOY | $1,632,789 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,277,905 | BOYAmt |
| EOY | $27,697,882 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $505,161 | BOYAmt |
| EOY | $505,161 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,727,746 | BOYAmt |
| EOY | $1,632,718 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,354,377 | BOYAmt |
| EOY | $70,815,008 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,328,430 | BOYAmt |
| EOY | $1,020,733 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $66,706 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,755,572 | BOYAmt |
| EOY | $55,455,948 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,084,002 | BOYAmt |
| EOY | $56,543,387 | 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 | $13,270,375 | BOYAmt |
| EOY | $14,271,621 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,270,375 | BOYAmt |
| EOY | $14,271,621 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,354,377 | BOYAmt |
| EOY | $70,815,008 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $163,707 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $837,539 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $531,457 | OtherCostOrOtherBasisAmt |
| Book Value | $531,457 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,616,940 | OtherCostOrOtherBasisAmt |
| Depreciation | $647,120 | DepreciationAmt |
| Book Value | $969,820 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,085 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,678 | DepreciationAmt |
| Book Value | $37,407 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $694,674 | OtherCostOrOtherBasisAmt |
| Depreciation | $600,569 | DepreciationAmt |
| Book Value | $94,105 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,632,789 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| SECURITIES - AFS | $24,164,598 | F |
| SECURITIES - HELD TO MATURITY | $16,351 | C |
| LIFE INSURANCE INVESTMENT | $3,516,933 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $27,697,882 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| SHARE DRAFTS | $12,491,761 |
| REGULAR SHARES | $23,210,584 |
| MONEY MARKET SHARES | $12,843,040 |
| SHARE CERTIFICATES | $5,036,898 |
| IRA/KEOGH ACCOUNTS | $1,873,665 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $55,455,948 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 2B: | FormAndLineReferenceDesc |
| Explanation | THE CREDIT UNION SERVICES MORTGAGE LOANS. CUSTODIAL ESCROW BALANCES ARE MAINTAINED IN CONNECTION WITH THESE LOANS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TONNI LARSON | ||||||||||||||
| PRESIDENT/CEO | $140,530 | $0 | $18,485 | $0 | $247,881 | $0 | $7,943 | $0 | $2,307 | $0 | $417,146 | $0 | $0 | $0 |
| KAREN RISKE | ||||||||||||||
| SENIOR VICE PRESIDENT | $108,514 | $0 | $10,503 | $0 | $50,000 | $0 | $5,886 | $0 | $2,760 | $0 | $177,663 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | KAREN RISKE RECEIVED A YMCA MEMBERSHIP OF $696. |
| PART I, LINE 4B | TONNI LARSON RECEIVED A DISTRIBUTION FROM A 457(F) PLAN OF $247,881 KAREN RISKE RECEIVED A DISTRIBUTION FROM A 457(F) PLAN OF $50,000 TONNI LARSON AND KAREN RISKE PARTICIPATE IN A 457(F)PLAN |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ANY RESIDENT OR EMPLOYEE WORKING OR LIVING IN WINNEBAGO, OUTAGAMIE, CALUMET, SHAWANO, WAUPACA OR MANITOWOC COUNTIES IN THE STATE OF WISCONSIN TO INCLUDE EMPLOYEES OF GULFSTREAM AEORSPACE, KIMBERLY-CLARK CORP,AND COGNIZANT TECHNOLOGIES IS ELIGIBLE TO BE A MEMBER OF KIMCENTRAL CREDIT UNION. ALL LAW ENFORECEMENT PERSONNEL AND/OR FIREFIGHTERS CURRENTLY EMPLOYED OR RETIRED TO INCLUDE ANY MEMBER OF AN ORGANIZATION OR NOT FOR PROFIT GROUP THAT HAS A LAW ENFOREMENT OR FIREFIGHTER FOCUS THROUGHOUT THE STATE OF WISCONSIN. KIMCENTRAL HAS ONE CLASS OF MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS ARE VOTING MEMBERS FOR BOARD OF DIRECTORS OF THE CREDIT UNION AT THE ANNUAL MEETING OF MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | SPECIAL MEETING OF THE MEMBERS IS NECESSARY ACCORDING TO THE CREDIT UNION BYLAWS FOR ACTIONS SUCH AS MERGER, NAME CHANGE, CHARTER CHANGE, ETC. |
| FORM 990, PART VI, SECTION B, LINE 11 | CEO AND SR. VP OF FINANCE REVIEW THE RETURN PRIOR TO FILING AFTER COMPLETED BY CPA FIRM AND PROVIDE AN ACCURATE COPY TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING OF THE DOCUMENT. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS REVIEW LOAN AND MEMBER SURVEYS DONE BY STAFF MEMBERS NOT RELATED TO THE FUNCTION ON A MONTHLY BASIS. KIMCENTRAL CREDIT UNION'S POLICY IS TO NOT HIRE FAMILY MEMBERS OF BOARD MEMBERS NOR TO HIRE OR RETAIN SERVICES OF BOARD MEMBERS IN ANY CAPACITY THAT COULD BE A CONFLICT OF INTEREST IN THE ORGANIZATION. BOARD MEMBERS HAVE SIGNED A "CONFLICT OF INTEREST" STATEMENT AND UNDERSTAND THE NEED TO DO SO. COMPENSATED EMPLOYEES CANNOT FINANCE BUSINESS LOANS AT THE CREDIT UNION AND LOAN OFFICERS' LOANS NEED TO BE APPROVED BY THE PRESIDENT AND THE PRESIDENT'S LOAN REQUESTS NEED APPROVAL OF THE BOARD. EMPLOYEES DO NOT HAVE ACCESS TO THEIR ACCOUNTS OF FAMILY MEMBER ACCOUNTS. LOANS GENERATED ARE VERIFIED BY ACCOUNTING STAFF EACH DAY FOR VERIFICATION OF ORIGINATION AND ARE BALANCED TO THE GENERAL LEDGER. IF A CONFLICT OF INTEREST IS UNCOVERED, THE BOARD WILL BE MADE AWARE OF THE ISSUES AND THE PRESIENT TO HANDLE RESOLUTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CREDIT UNION PARTICIPATES IN AND USES THE CUES EXECUTIVE AND STAFF COMPENSATION SURVEYS AND REPORTING TO DETERMINE COMPENSATION FOR STAFF AT ALL LEVELS. THIS INFORMATION IS UPDATED ANUALLY AND IS PROVIDED ON BOTH A NATIONAL AND REGIONAL BASIS FOR COMPARISON. THE BOARD DETERMINES THE CEO'S SALARY AND THE CEO SETS A SALARY BUDGET FOR ALL OTHER STAFF BASED ON THE CUES SURVEY. SALARY BUDGET IS THEN APPROVED BY THE BOARD IN JANUARY OF EACH YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | ANNUAL FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF THE MAIN OFFICE OF THE CREDIT UNION. BYLAWS AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ANYONE FOR REVIEW BY APPOINTMENT WITH AN OFFICER OF THE CREDIT UNION. |