2013-04-12T23:05:26-05:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2012-01-01 420190489 COLLINS COMMUNITY CREDIT UNION COLL 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 RICHARD J BENHART 3193939000 2013-04-11 1 JANIS ISAACSON P00089104 6022662248 2012 2016-02-25 16:41:14Z RICHARD J BENHART 1150 42ND STREET NE CEDAR RAPIDS IA 52402 39614355 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 10 253 10 106339 -35020 0 0 32764137 35497261 4074588 3981971 141283 -19514 36980008 39459718 0 0 0 0 12080763 13349604 0 0 0 20066563 22998988 32147326 36348592 4832682 3111126 685583665 729094131 625199787 665394644 60383878 63699487 X TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. 1 1 FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 21739 0 1 253 1 1 1 0 0 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 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 LAWRENCE A ERICKSON 1.00 X 1359 0 0 BARRY E STUMP 1.00 X 3595 0 0 JAMES J FINERTY 1.00 X 3523 0 0 JAMES H LOCKE JR 1.00 X 1177 0 0 MARSHA A SCHULTZ 1.00 X 1309 0 0 TOM MANOR 1.00 X 0 0 0 WILLIAM J KOOISTRA 1.00 X 1053 0 0 CYNTHIA A BONEBRIGHT 1.00 X 1081 0 0 LISA GASPER THOMPSON 1.00 X 1176 0 0 PETE R SEYFER 1.00 X 1260 0 0 RICHARD J BENHART 40.00 X 291030 0 20077 STEFANIE RUPERT 40.00 X 172367 0 16928 LAURIE BUTLER 40.00 X 170107 0 10106 SANDRA WHITTERS 40.00 X 206779 0 10623 DANA GOSHON 40.00 X 199769 0 21605 AMBER MATSON 40.00 X 180597 0 8508 TERESA JENSEN 40.00 X 163654 0 20130 STEVE SHEPHERD 40.00 X 144164 0 10835 1544000 0 118812 13 0 1 0 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 9 PROGRAM SERVICE REVENU 511110 35390922 35390922 UNRELATED BUSINESS INCOME 524298 106339 106339 35497261 3889342 3889342 247266 154637 92629 92629 92629 NET INCOME(LOSS) FROM DISREGARDED 522100 37576 37576 SALE OF FORECLOSED ASSET 522100 -57090 -57090 -19514 39459718 39353379 106339 0 1662812 8155164 1772010 994313 765305 107761 100496 4914775 511279 684955 822898 7240094 927490 54344 PROVISION FOR LOSSES 4019600 OPERATIONS 2991519 OTHER EXPENSES 623777 36348592 53331574 55904604 477827671 508776983 19127706 9993269 9163288 9134437 125710358 130705830 19550774 24572277 685583665 729094131 625199787 645394644 0 20000000 625199787 665394644 X 0 0 0 0 60383878 63699487 60383878 63699487 685583665 729094131 X 3111126 204483 X X 0 1 X 1 0 1966195 1966195 9623766 4612451 5011315 938671 353356 585315 2398717 1829067 569650 4200357 3198395 1001962 9134437 AVAILABLE-FOR-SALE 121493330 F FHLB STOCK 1712500 C OTHER INVESTMENTS 7500000 C 130705830 FHLB FED FUNDS PURCHASED 20000000 20000000 39459385 0 39459385 333 333 39459718 36348259 0 36348259 333 333 36348592 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. X X X X 1 1 X X X 0 1 0 RICHARD J BENHART 225135 0 62643 0 3252 0 8750 0 11327 0 311107 0 0 0 STEFANIE RUPERT 146630 0 25279 0 458 0 6915 0 10013 0 189295 0 0 0 LAURIE BUTLER 137409 0 31457 0 1241 0 13 0 10093 0 180213 0 0 0 SANDRA WHITTERS 81840 0 124673 0 266 0 6675 0 3948 0 217402 0 0 0 DANA GOSHON 69787 0 129935 0 47 0 13078 0 8527 0 221374 0 0 0 AMBER MATSON 52413 0 128135 0 49 0 0 0 8508 0 189105 0 0 0 TERESA JENSEN 51927 0 111685 0 42 0 11658 0 8472 0 183784 0 0 0 STEVE SHEPHERD 105439 0 37273 0 1452 0 2030 0 8805 0 154999 0 0 0 PART I, LINE 4B RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $17,000.00 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. 1150 PROPERTIES LLC 1150 42ND ST NE CEDAR RAPIDS IA 52402 420190489 PROPERTY MANAGEMENT SERVICES FOR SELECT PROPERTIES IA 33806 931336 COLLINS COMMUNITY CREDIT UNION