COLLINS COMMUNITY CREDIT UNION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- COLLINS COMMUNITY CREDIT UNION (EIN 42-0190489)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-07
- IRS object ID
- 201433119349302258
- Schema version
- 2013v3.0
- 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 | 2014-11-07T17:11:03-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 E THOMAS RD STE 2300 | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 | 1150 42ND STREET NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD J BENHART | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3193939000 | PhoneNum |
| Signature | 2014-10-31 | 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 | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD J BENHART | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 42ND STREET NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,557,826 | 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 | TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 263 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $107,674 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$17,511 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,497,261 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $35,358,245 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,981,971 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,638,578 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$19,514 | PYOtherRevenueAmt |
| CY Other Revenue | $541,994 | CYOtherRevenueAmt |
| PY Total Revenue | $39,459,718 | PYTotalRevenueAmt |
| CY Total Revenue | $39,538,817 | 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 | $13,349,604 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,712,260 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $22,998,988 | PYOtherExpensesAmt |
| CY Other Expenses | $18,872,055 | CYOtherExpensesAmt |
| PY Total Expenses | $36,348,592 | PYTotalExpensesAmt |
| CY Total Expenses | $33,584,315 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,111,126 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,954,502 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $729,094,131 | TotalAssetsBOYAmt |
| Total Assets EOY | $738,455,673 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $665,394,644 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $666,276,042 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $63,699,487 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $72,179,631 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | 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 | 0 | 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 | 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 | 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 | 20822 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 263 | 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3193939000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 42ND STREET NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| LAWRENCE A ERICKSON | |||||||
| CREDIT COMMITTEE | 1.00 | Yes (X) | $9,254 | $0 | $0 | ||
| BARRY E STUMP | |||||||
| VICE CHAIRPERSON | 1.00 | Yes (X) | $4,562 | $0 | $0 | ||
| JAMES J FINERTY | |||||||
| CHIEF FINANCIAL OFFICER | 1.00 | Yes (X) | $2,419 | $0 | $0 | ||
| JAMES H LOCKE JR | |||||||
| SECRETARY | 1.00 | Yes (X) | $1,347 | $0 | $0 | ||
| MARSHA A SCHULTE | |||||||
| CHAIRPERSON | 1.00 | Yes (X) | $1,347 | $0 | $0 | ||
| TOM MANOR | |||||||
| AUDIT COMMITTEE | 1.00 | Yes (X) | $1,090 | $0 | $0 | ||
| WILLIAM J KOOISTRA | |||||||
| AUDIT COMMITTEE CHAIRPERSON | 1.00 | Yes (X) | $1,347 | $0 | $0 | ||
| CYNTHIA A CULBERTSON | |||||||
| CREDIT COMMITTEE CHAIRPERS | 1.00 | Yes (X) | $1,219 | $0 | $0 | ||
| LISA GASPER THOMPSON | |||||||
| CREDIT COMMITTEE SECRETARY | 1.00 | Yes (X) | $1,519 | $0 | $0 | ||
| PETE R SEYFER | |||||||
| CREDIT COMMITTEE | 1.00 | Yes (X) | $1,347 | $0 | $0 | ||
| DEKE MORROW | |||||||
| CREDIT COMMITTEE | 1.00 | Yes (X) | $1,347 | $0 | $0 | ||
| RICHARD J BENHART | |||||||
| PRESIDENT/CEO | 40.00 | $266,695 | $0 | $19,443 | Yes (X) | ||
| STEFANIE RUPERT | |||||||
| CHIEF OPERATIONS OFFICER | 40.00 | $177,342 | $0 | $25,379 | Yes (X) | ||
| BENJAMIN WICKUM | |||||||
| FINANCE DIRECTOR | 40.00 | $33,493 | $0 | $1,422 | Yes (X) | ||
| SANDRA WHITTERS | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | $188,861 | $0 | $10,876 | Yes (X) | ||
| DANA GOSHON | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | $158,567 | $0 | $23,097 | Yes (X) | ||
| AMBER MATSON | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | $112,066 | $0 | $18,857 | Yes (X) | ||
| TERESA JENSEN | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | $133,980 | $0 | $19,086 | Yes (X) | ||
| SCOTT FROST | |||||||
| CHIEF LENDING OFFICER | 40.00 | $135,452 | $0 | $11,360 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,233,254 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $129,520 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FISERV | |||||
| 75 REMITTANCE DRIVE SUITE 6974 | CHICAGO | IL | 606756974 | DATA PROCESSING SERVICES | $2,685,562 |
| MCGLADREY LLP | |||||
| 5155 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | PHONE SYSTEM AND MAINTENANCE | $469,417 |
| BRADLEY & RILEY PC | |||||
| PO BOX 2804 | CEDAR RAPIDS | IA | 524062804 | LEGAL SERVICES | $268,941 |
| ALLEGRA | |||||
| 3939 16TH AVENUE SW | CEDAR RAPIDS | IA | 52404 | PRINTING SERVICE | $105,037 |
| CEDAR RAPIDS SPECIAL DUTY POLICE | |||||
| 505 1ST STREET SW | CEDAR RAPIDS | IA | 52404 | SECURITY | $101,226 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| PROGRAM SERVICE REVENUE | 511110 | $35,250,571 | $35,250,571 | |
| UNRELATED BUSINESS INCOME | 524298 | $107,674 | $107,674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $35,358,245 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,627,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,627,039 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $30,548 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $19,009 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $11,539 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,539 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,539 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NET INCOME(LOSS) FROM DISREGARDED | 522100 | $528,708 | $528,708 |
| SALE OF FORECLOSED ASSET | 522100 | $13,286 | $13,286 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $541,994 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,538,817 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,431,143 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $107,674 | 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 | $550,572 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,641,579 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,712,462 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,015,973 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $791,674 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,251 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,380 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,850,331 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,614 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $588,155 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $881,930 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,605,251 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,560 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,310 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| OPERATIONS | $2,667,673 |
| PROVISION FOR LOSSES | $1,842,323 |
| OTHER EXPENSES | $590,277 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,584,315 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,904,604 | BOYAmt |
| EOY | $48,270,295 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,776,983 | BOYAmt |
| EOY | $522,873,219 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,584,408 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,892,100 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,134,437 | BOYAmt |
| EOY | $8,692,308 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,705,830 | BOYAmt |
| EOY | $144,233,797 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,572,277 | BOYAmt |
| EOY | $14,386,054 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $729,094,131 | BOYAmt |
| EOY | $738,455,673 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,394,644 | BOYAmt |
| EOY | $666,276,042 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $665,394,644 | BOYAmt |
| EOY | $666,276,042 | 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 | $63,699,487 | BOYAmt |
| EOY | $72,179,631 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,699,487 | BOYAmt |
| EOY | $72,179,631 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $729,094,131 | BOYAmt |
| EOY | $738,455,673 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,954,502 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,525,642 | 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 | $1,966,195 | OtherCostOrOtherBasisAmt |
| Book Value | $1,966,195 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,661,636 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,005,896 | DepreciationAmt |
| Book Value | $4,655,740 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $946,496 | OtherCostOrOtherBasisAmt |
| Depreciation | $483,646 | DepreciationAmt |
| Book Value | $462,850 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,716,120 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,991,538 | DepreciationAmt |
| Book Value | $724,582 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,293,961 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,411,020 | DepreciationAmt |
| Book Value | $882,941 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,692,308 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| AVAILABLE-FOR-SALE | $136,061,397 | F |
| FHLB STOCK | $872,400 | C |
| OTHER INVESTMENTS | $7,300,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $144,233,797 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,548,260 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $9,443 | OtherRevenueAmt |
| Revenue Not Reported | $9,443 | RevenueNotReportedAmt |
| Revenue Subtotal | $39,538,817 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $39,538,817 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $33,593,752 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $9,443 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $9,443 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,584,309 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $33,584,315 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2013 AND 2012. THE CREDIT UNION'S 2010 THROUGH 2013 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS FROM DISREGARDED ENTITY NETTED ON FORM 990 9,443. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS FROM DISREGARDED ENTITY NETTED ON FORM 990 9,443. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 6. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD J BENHART | ||||||||||||||
| PRESIDENT/CEO | $231,552 | $0 | $31,738 | $0 | $3,405 | $0 | $7,695 | $0 | $11,748 | $0 | $286,138 | $0 | $0 | $0 |
| STEFANIE RUPERT | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $157,488 | $0 | $19,355 | $0 | $499 | $0 | $14,928 | $0 | $10,451 | $0 | $202,721 | $0 | $0 | $0 |
| SANDRA WHITTERS | ||||||||||||||
| MORTGAGE LOAN OFFICER | $76,003 | $0 | $112,581 | $0 | $277 | $0 | $6,775 | $0 | $4,101 | $0 | $199,737 | $0 | $0 | $0 |
| DANA GOSHON | ||||||||||||||
| MORTGAGE LOAN OFFICER | $59,501 | $0 | $99,017 | $0 | $49 | $0 | $14,310 | $0 | $8,787 | $0 | $181,664 | $0 | $0 | $0 |
| TERESA JENSEN | ||||||||||||||
| MORTGAGE LOAN OFFICER | $48,119 | $0 | $85,811 | $0 | $50 | $0 | $10,355 | $0 | $8,731 | $0 | $153,066 | $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 $17,500.00 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | WE HAVE EXTENDED OUR SERVICES TO CEDAR FALLS. IN NOVEMBER OF 2013, WE OPENED A REAL ESTATE OFFICE AT 226 BRANDILYNN BLVD. |
| FORM 990, PART VI, SECTION A, LINE 2 | EMPLOYEE TIM MEIER HAS A FAMILY RELATIONSHIP WITH EMPLOYEE SAMANTHA FISH AND EMPLOYEE SCOTT MEIER. EMPLOYEE CHERYL BELL HAS A FAMILY RELATIONSHIP WITH EMPLOYEE HEIDI SHAW. |
| 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 BOARD MEMBERS AT OUR ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS HAVE THE RIGHTS/RESPONSIBILITY TO APPROVE THE ORGANIZATION'S MINUTES DURING THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM WILL BE REVIEWED 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 COMPENSATION 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 CREDIT UNION 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 42,861. SHARE DRAFT EXP. 256,498. OVERDRAFT EXPENSE 12,187. OUTSIDE SERVICES 1,166,827. OUTSIDE SERVICES - DEF -25,272. EDP FEES 512,281. PRINTING STATEMENT COST 66,627. E-STATEMENT PROCESSING 46,416. ATM EXPENSE 699,271. DEBIT CARD EXPENSE 1,331,926. ACCOUNT ACCESS EXPENSE 432,954. BILL PAYER EXPENSE 250,471. MERCHANT CC EXP 57,284. |
| FORM 990, PART XI, LINE 9: | CHANGE IN UNREALIZED GAIN/LOSS ON SECURITIES AVAILABLE-FOR-SALE -3,990,547. GAIN/LOSS INCURRED IN CURRENT YEAR ON PENSION BENEFIT OBLIGATION 6,516,189. |
| 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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1150 42ND ST NE | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52402 | ZIPCode |
| 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 | $106,178 | TotalIncomeAmt |
| End Of Year Assets | $550,655 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLINS COMMUNITY CREDIT UNION | BusinessNameLine1 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART I | FormAndLineReferenceDesc |
| Explanation | 1150 PROPERTIES, LLC WAS LIQUIDATED IN DECEMBER 2013. | ExplanationTxt |