2014-11-07T17:11:03-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2013-01-01 420190489 COLLINS COMMUNITY CREDIT UNION COLL 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 RICHARD J BENHART CEO 3193939000 2014-10-31 1 JANIS ISAACSON P00089104 6022662248 2013 2015-11-30 17:44:51Z RICHARD J BENHART 1150 42ND STREET NE CEDAR RAPIDS IA 52402 39557826 0 X WWW.COLLINSCU.ORG X 1940 IA TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. 10 10 263 10 107674 -17511 0 0 35497261 35358245 3981971 3638578 -19514 541994 39459718 39538817 0 0 0 0 13349604 14712260 0 0 0 22998988 18872055 36348592 33584315 3111126 5954502 729094131 738455673 665394644 666276042 63699487 72179631 X TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. 1 0 FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20822 0 1 263 1 1 1 0 0 0 0 0 X 10 10 1 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 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 LAWRENCE A ERICKSON CREDIT COMMITTEE 1.00 X 9254 0 0 BARRY E STUMP VICE CHAIRPERSON 1.00 X 4562 0 0 JAMES J FINERTY CHIEF FINANCIAL OFFICER 1.00 X 2419 0 0 JAMES H LOCKE JR SECRETARY 1.00 X 1347 0 0 MARSHA A SCHULTE CHAIRPERSON 1.00 X 1347 0 0 TOM MANOR AUDIT COMMITTEE 1.00 X 1090 0 0 WILLIAM J KOOISTRA AUDIT COMMITTEE CHAIRPERSON 1.00 X 1347 0 0 CYNTHIA A CULBERTSON CREDIT COMMITTEE CHAIRPERS 1.00 X 1219 0 0 LISA GASPER THOMPSON CREDIT COMMITTEE SECRETARY 1.00 X 1519 0 0 PETE R SEYFER CREDIT COMMITTEE 1.00 X 1347 0 0 DEKE MORROW CREDIT COMMITTEE 1.00 X 1347 0 0 RICHARD J BENHART PRESIDENT/CEO 40.00 X 266695 0 19443 STEFANIE RUPERT CHIEF OPERATIONS OFFICER 40.00 X 177342 0 25379 BENJAMIN WICKUM FINANCE DIRECTOR 40.00 X 33493 0 1422 SANDRA WHITTERS MORTGAGE LOAN OFFICER 40.00 X 188861 0 10876 DANA GOSHON MORTGAGE LOAN OFFICER 40.00 X 158567 0 23097 AMBER MATSON MORTGAGE LOAN OFFICER 40.00 X 112066 0 18857 TERESA JENSEN MORTGAGE LOAN OFFICER 40.00 X 133980 0 19086 SCOTT FROST CHIEF LENDING OFFICER 40.00 X 135452 0 11360 1233254 0 129520 14 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6974 CHICAGO IL 606756974 DATA PROCESSING SERVICES 2685562 MCGLADREY LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 PHONE SYSTEM AND MAINTENANCE 469417 BRADLEY & RILEY PC PO BOX 2804 CEDAR RAPIDS IA 524062804 LEGAL SERVICES 268941 ALLEGRA 3939 16TH AVENUE SW CEDAR RAPIDS IA 52404 PRINTING SERVICE 105037 CEDAR RAPIDS SPECIAL DUTY POLICE 505 1ST STREET SW CEDAR RAPIDS IA 52404 SECURITY 101226 20 PROGRAM SERVICE REVENUE 511110 35250571 35250571 UNRELATED BUSINESS INCOME 524298 107674 107674 35358245 3627039 3627039 30548 19009 11539 11539 11539 NET INCOME(LOSS) FROM DISREGARDED 522100 528708 528708 SALE OF FORECLOSED ASSET 522100 13286 13286 541994 39538817 39431143 107674 0 X 550572 9641579 2712462 1015973 791674 160251 123380 4850331 559614 588155 881930 5605251 969560 33310 OPERATIONS 2667673 PROVISION FOR LOSSES 1842323 OTHER EXPENSES 590277 33584315 55904604 48270295 508776983 522873219 19584408 10892100 9134437 8692308 130705830 144233797 24572277 14386054 729094131 738455673 645394644 666276042 20000000 0 665394644 666276042 X 0 0 0 0 63699487 72179631 63699487 72179631 729094131 738455673 X 5954502 2525642 X X 0 1 X 1 0 1966195 1966195 9661636 5005896 4655740 946496 483646 462850 2716120 1991538 724582 4293961 3411020 882941 8692308 AVAILABLE-FOR-SALE 136061397 F FHLB STOCK 872400 C OTHER INVESTMENTS 7300000 C 144233797 X 39548260 9443 9443 39538817 0 39538817 33593752 9443 9443 33584309 6 6 33584315 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. X X X X 1 1 X X X 0 1 0 RICHARD J BENHART PRESIDENT/CEO 231552 0 31738 0 3405 0 7695 0 11748 0 286138 0 0 0 STEFANIE RUPERT CHIEF OPERATIONS OFFICER 157488 0 19355 0 499 0 14928 0 10451 0 202721 0 0 0 SANDRA WHITTERS MORTGAGE LOAN OFFICER 76003 0 112581 0 277 0 6775 0 4101 0 199737 0 0 0 DANA GOSHON MORTGAGE LOAN OFFICER 59501 0 99017 0 49 0 14310 0 8787 0 181664 0 0 0 TERESA JENSEN MORTGAGE LOAN OFFICER 48119 0 85811 0 50 0 10355 0 8731 0 153066 0 0 0 PART I, LINE 4B RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $17,500.00 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. 1150 PROPERTIES LLC 1150 42ND ST NE CEDAR RAPIDS IA 52402 420190489 PROPERTY MANAGEMENT SERVICES FOR SELECT PROPERTIES IA 106178 550655 COLLINS COMMUNITY CREDIT UNION SCHEDULE R, PART I 1150 PROPERTIES, LLC WAS LIQUIDATED IN DECEMBER 2013.