COLLINS COMMUNITY CREDIT UNION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COLLINS COMMUNITY CREDIT UNION (EIN 42-0190489)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-04-12
- IRS object ID
- 201331039349300143
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-04-12T23:05:26-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420190489 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLINS COMMUNITY CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLL | NameControl |
| Phone | 3193939000 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD J BENHART | Name |
| Title | PRESIDENT AND CEO | Title |
| Phone | 3193939000 | Phone |
| Date Signed | 2013-04-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANIS ISAACSON | Name |
| PTIN | P00089104 | PTIN |
| Phone | 6022662248 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD J BENHART | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 39614355 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.COLLINSCU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 253 | TotalNbrEmployees |
| Total Nbr Volunteers | 10 | TotalNbrVolunteers |
| Total Gross UBI | 106339 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -35020 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 32764137 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 35497261 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4074588 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3981971 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 141283 | OtherRevenuePriorYear |
| Other Revenue Current Year | -19514 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 36980008 | TotalRevenuePriorYear |
| Total Revenue Current Year | 39459718 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12080763 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 13349604 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20066563 | OtherExpensePriorYear |
| Other Expenses Current Year | 22998988 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 32147326 | TotalExpensesPriorYear |
| Total Expenses Current Year | 36348592 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4832682 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3111126 | RevenuesLessExpensesCY |
| Total Assets BOY | 685583665 | TotalAssetsBOY |
| Total Assets EOY | 729094131 | TotalAssetsEOY |
| Total Liabilities BOY | 625199787 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 665394644 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 60383878 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 63699487 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Description | FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 21739 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 253 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCE DEPARTMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3193939000 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| LAWRENCE A ERICKSON | |||||||
| CHAIRPERSON | 1.00 | X | 1359 | 0 | 0 | ||
| BARRY E STUMP | |||||||
| VICE CHAIRPERSON | 1.00 | X | 3595 | 0 | 0 | ||
| JAMES J FINERTY | |||||||
| CHIEF FINANCIAL OFFICER | 1.00 | X | 3523 | 0 | 0 | ||
| JAMES H LOCKE JR | |||||||
| SECRETARY | 1.00 | X | 1177 | 0 | 0 | ||
| MARSHA A SCHULTZ | |||||||
| AUDIT COMMITTEE CHAIRPERSON | 1.00 | X | 1309 | 0 | 0 | ||
| TOM MANOR | |||||||
| AUDIT COMMITTEE SECRETARY | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM J KOOISTRA | |||||||
| AUDIT COMMITTEE | 1.00 | X | 1053 | 0 | 0 | ||
| CYNTHIA A BONEBRIGHT | |||||||
| CREDIT COMMITTEE CHAIRPERSON | 1.00 | X | 1081 | 0 | 0 | ||
| LISA GASPER THOMPSON | |||||||
| CREDIT COMMITTEE SECRETARY | 1.00 | X | 1176 | 0 | 0 | ||
| PETE R SEYFER | |||||||
| CREDIT COMMITTEE | 1.00 | X | 1260 | 0 | 0 | ||
| RICHARD J BENHART | |||||||
| PRESIDENT/CEO | 40.00 | 291030 | 0 | 20077 | X | ||
| STEFANIE RUPERT | |||||||
| CHIEF OPERATIONS OFFICER | 40.00 | 172367 | 0 | 16928 | X | ||
| LAURIE BUTLER | |||||||
| VP OF FINANCE | 40.00 | 170107 | 0 | 10106 | X | ||
| SANDRA WHITTERS | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | 206779 | 0 | 10623 | X | ||
| DANA GOSHON | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | 199769 | 0 | 21605 | X | ||
| AMBER MATSON | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | 180597 | 0 | 8508 | X | ||
| TERESA JENSEN | |||||||
| MORTGAGE LOAN OFFICER | 40.00 | 163654 | 0 | 20130 | X | ||
| STEVE SHEPHERD | |||||||
| FORMER EXEC VP | 40.00 | 144164 | 0 | 10835 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1544000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 118812 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FISERV | |||||
| 75 REMITTANCE DRIVE SUITE 6974 | CHICAGO | IL | 606756974 | DATA PROCESSING SERVICES | 2258349 |
| FINANCIAL SUPERMARKETS | |||||
| 383 CLARKSVILLE ST | CORNELIA | GA | 30531 | BRANCH CONSTRUCTION AND REMODEL | 366623 |
| DIEBOLD INC | |||||
| PO BOX 643543 | PITTSBURGH | PA | 152643543 | MACHINE MAINTENANCE | 352223 |
| BRADLEY & RILEY PC | |||||
| PO BOX 2804 | CEDAR RAPIDS | IA | 524062804 | LEGAL SERVICES | 292420 |
| RSM MCGLADREY INC | |||||
| 5155 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | PHONE SYSTEM AND MAINTENANCE | 183060 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| PROGRAM SERVICE REVENU | 511110 | 35390922 | 35390922 | |
| UNRELATED BUSINESS INCOME | 524298 | 106339 | 106339 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 35497261 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3889342 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3889342 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 247266 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 154637 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 92629 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92629 | TotalRevenueColumn |
| Related Or Exempt Function Income | 92629 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| NET INCOME(LOSS) FROM DISREGARDED | 522100 | 37576 | 37576 |
| SALE OF FORECLOSED ASSET | 522100 | -57090 | -57090 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -19514 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39459718 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39353379 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 106339 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1662812 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8155164 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1772010 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 994313 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 765305 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107761 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100496 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4914775 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511279 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 684955 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 822898 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7240094 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 927490 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54344 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROVISION FOR LOSSES | 4019600 |
| OPERATIONS | 2991519 |
| OTHER EXPENSES | 623777 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36348592 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53331574 | BOY |
| EOY | 55904604 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 477827671 | BOY |
| EOY | 508776983 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 19127706 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9993269 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9163288 | BOY |
| EOY | 9134437 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125710358 | BOY |
| EOY | 130705830 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19550774 | BOY |
| EOY | 24572277 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685583665 | BOY |
| EOY | 729094131 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 625199787 | BOY |
| EOY | 645394644 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 20000000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 625199787 | BOY |
| EOY | 665394644 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60383878 | BOY |
| EOY | 63699487 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60383878 | BOY |
| EOY | 63699487 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685583665 | BOY |
| EOY | 729094131 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3111126 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 204483 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1966195 | OtherCostOrOtherBasis |
| Book Value | 1966195 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9623766 | OtherCostOrOtherBasis |
| Depreciation | 4612451 | Depreciation |
| Book Value | 5011315 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 938671 | OtherCostOrOtherBasis |
| Depreciation | 353356 | Depreciation |
| Book Value | 585315 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2398717 | OtherCostOrOtherBasis |
| Depreciation | 1829067 | Depreciation |
| Book Value | 569650 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4200357 | OtherCostOrOtherBasis |
| Depreciation | 3198395 | Depreciation |
| Book Value | 1001962 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9134437 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| AVAILABLE-FOR-SALE | 121493330 | F |
| FHLB STOCK | 1712500 | C |
| OTHER INVESTMENTS | 7500000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 130705830 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FHLB FED FUNDS PURCHASED | Description |
| Amount | $20,000,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 20000000 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 39459385 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 39459385 | RevenueSubtotal |
| Other Revenues Not Included | 333 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 333 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 39459718 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36348259 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 36348259 | ExpensesSubtotal |
| Other Expenses Not Included | 333 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 333 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 36348592 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INCOME FROM DISREGARDED ENTITY NETTED ON FORM 990 333. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INCOME FROM DISREGARDED ENTITY NETTED ON FORM 990 333. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD J BENHART | ||||||||||||||
| PRESIDENT/CEO | 225135 | 0 | 62643 | 0 | 3252 | 0 | 8750 | 0 | 11327 | 0 | 311107 | 0 | 0 | 0 |
| STEFANIE RUPERT | ||||||||||||||
| CHIEF OPERATIONS OFFICER | 146630 | 0 | 25279 | 0 | 458 | 0 | 6915 | 0 | 10013 | 0 | 189295 | 0 | 0 | 0 |
| LAURIE BUTLER | ||||||||||||||
| VP OF FINANCE | 137409 | 0 | 31457 | 0 | 1241 | 0 | 13 | 0 | 10093 | 0 | 180213 | 0 | 0 | 0 |
| SANDRA WHITTERS | ||||||||||||||
| MORTGAGE LOAN OFFICER | 81840 | 0 | 124673 | 0 | 266 | 0 | 6675 | 0 | 3948 | 0 | 217402 | 0 | 0 | 0 |
| DANA GOSHON | ||||||||||||||
| MORTGAGE LOAN OFFICER | 69787 | 0 | 129935 | 0 | 47 | 0 | 13078 | 0 | 8527 | 0 | 221374 | 0 | 0 | 0 |
| AMBER MATSON | ||||||||||||||
| MORTGAGE LOAN OFFICER | 52413 | 0 | 128135 | 0 | 49 | 0 | 0 | 0 | 8508 | 0 | 189105 | 0 | 0 | 0 |
| TERESA JENSEN | ||||||||||||||
| MORTGAGE LOAN OFFICER | 51927 | 0 | 111685 | 0 | 42 | 0 | 11658 | 0 | 8472 | 0 | 183784 | 0 | 0 | 0 |
| STEVE SHEPHERD | ||||||||||||||
| FORMER EXEC VP | 105439 | 0 | 37273 | 0 | 1452 | 0 | 2030 | 0 | 8805 | 0 | 154999 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $17,000.00 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | WE OPENED A NEW BRANCH OFF C STREET IN CEDAR RAPIDS, IA (5761 C ST SW) IN JUNE 2012. |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | WE CLOSED OUR SW BRANCH IN CEDAR RAPIDS, IA (606 14TH AVE SW) IN JUNE 2012. |
| 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. A COPY OF THE MOST UPDATED CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS IS AVAILABLE TO MEMBERS AND THE PUBLIC UPON REQUEST. | |
| OTHER FEES | FORM 990, PART IX, LINE 11G | SHARE DRAFT CLEARING : TOTAL EXPENSES 42,370. SHARE DRAFT EXP. : TOTAL EXPENSES 251,622. OVERDRAFT EXPENSE : TOTAL EXPENSES 11,779. OUTSIDE SERVICES : TOTAL EXPENSES 1,496,454. OUTSIDE SERVICES - DEF : TOTAL EXPENSES -21,298. EDP FEES : TOTAL EXPENSES 542,578. PRINTING STATEMENT COST : TOTAL EXPENSES 73,859. E-STATEMENT PROCESSING : TOTAL EXPENSES 41,029. ATM EXPENSE : TOTAL EXPENSES 761,222. DEBIT CARD EXPENSE : TOTAL EXPENSES 1,089,994. ACCOUNT ACCESS EXPENSE : TOTAL EXPENSES 353,113. BILL PAYER EXPENSE : TOTAL EXPENSES 206,905. MERCHANT CC EXP : TOTAL EXPENSES 65,148. |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | CHANGE IN UNREALIZED GAIN ON SECURITIES AVAILABLE-FOR-SALE 530,483. LOSS INCURRED IN CURRENT YEAR ON PENSION BENEFIT OBLIGATION -326,000. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1150 PROPERTIES LLC | BusinessNameLine1 |
Address US AddressUS
| 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 | PrimaryActivities |
| Legal Domicile State | IA | LegalDomicileState |
| Total Income | 33806 | TotalIncome |
| EOY Assets | 931336 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLINS COMMUNITY CREDIT UNION | BusinessNameLine1 |