CENTRALALLIANCE CREDIT UNION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CENTRALALLIANCE CREDIT UNION (EIN 39-0445714)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-02
- IRS object ID
- 201201239349300740
- Schema version
- 2011v1.2
- 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 | 2012-05-02T10:50:51-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | PO BOX 217 | AddressLine1 |
| City | AUSTIN | City |
| State | MN | State |
| ZIP Code | 55912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390445714 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIMCENTRAL CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIMC | NameControl |
| Phone | 9207202572 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1 |
| City | NEENAH | City |
| State | WI | State |
| ZIP Code | 54956 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TONNI LARSON | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 9207202572 | Phone |
| Date Signed | 2012-04-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD J GABRIELSON | Name |
| PTIN | P00001024 | PTIN |
| Phone | 5074347000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TONNI LARSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1 |
| City | NEENAH | City |
| State | WI | State |
| ZIP Code | 54956 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2528614 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.KIMCENTRAL.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | CU | TypeOfOrgOtherDescription |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | 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, MIDWEST EXPRESS AIRLINES AND COGNIZANT TECHNOLOGY SOLUTIONS TO INCLUDE INDIVIDUALS WHO WORK OR RESIDE IN CALUMET, OUTAGAMIE, MANITOWOC, WAUPACA, SHAWANO, AND WINNEBAGO COUNTIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 34 | TotalNbrEmployees |
| Total Nbr Volunteers | 6 | TotalNbrVolunteers |
| Total Gross UBI | 7586 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -38915 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2003534 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1856414 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 691486 | InvestmentIncomePriorYear |
| Investment Income Current Year | 668490 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3710 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2695020 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2528614 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 290870 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 213796 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 920579 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 898860 | 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 | 1017158 | OtherExpensePriorYear |
| Other Expenses Current Year | 1033201 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2228607 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2145857 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 466413 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 382757 | RevenuesLessExpensesCY |
| Total Assets BOY | 59613851 | TotalAssetsBOY |
| Total Assets EOY | 63089507 | TotalAssetsEOY |
| Total Liabilities BOY | 45864285 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 48965881 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 13749566 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14123626 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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, MIDWEST EXPRESS AIRLINES AND COGNIZANT TECHNOLOGY SOLUTIONS TO INCLUDE INDIVIDUALS WHO WORK OR RESIDE IN CALUMET, OUTAGAMIE, MANITOWOC, WAUPACA, SHAWANO AND WINNEBAGO COUNTIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | KIMCENTRAL PAID MEMBERS 8% OF THE YEAR-TO-DATE INTEREST THEY PAID TO THE CREDIT UNION IN 2011 ON BORROWED MONEY FROM JAN - NOV. MEMBERS RECEIVED DEPOSITS TO THEIR SAVINGS ACCOUNTS IN DECEMBER. TOTAL INTEREST REFUND PAID BACK TO MEMBERS - $32,123. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | KIMCENTRAL OPERATES TWO CREDIT UNION OFFICES INSIDE LOCAL HIGH SCHOOLS. STUDENTS RUN THE CREDIT UNION OFFICES TO EDUCATE YOUTH ON GOOD FINANCIAL MANAGEMENT SKILLS. IN ADDITION STAFF MEET WITH PARENTS AND STUDENTS FOR ASSISTANCE WITH COLLEGE FUNDING AND COMPLETING THE FAFSA APPLICATION. STAFF ALSO SPEND TIME IN CLASS ROOMS SPEAKING TO ACCOUNTING, BUSINESS AND MARKETING CLASSES. KCCU ALSO SPONSORS FINANCIAL LITERACY EVENTS SUCH AS THE REALITY STORE IN THE SCHOOLS ANNUALLY. IN ADDITION THE CREDIT UNION PROVIDED STUDENT SCHOLARSHIPS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | KIMCENTRAL PROVIDED LOANS TO 319 MEMBERS IN 2011 AND PAID $32,123 BACK TO MEMBERS IN LOAN INTEREST REFUNDS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2721 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 34 | 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 0 | LocalChapters |
| 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KAREN RISKE | NamePerson |
| Telephone Number | 9207202572 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 DEERWOOD AVE | AddressLine1 |
| City | NEENAH | City |
| State | WI | State |
| ZIP Code | 54956 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| TONNI LARSON | ||||||
| PRESIDENT/CEO | 50.00 | X | X | 153057 | 0 | 14177 |
| CARRIE BONNELL | ||||||
| SECRETARY/TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| TIMOTHY SHORT | ||||||
| VICE-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| WILLIAM ABBA | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| PATER DULCAMARA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| THOMAS RING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MATT FITTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KAREN RISKE | ||||||
| SENIOR VICE PRESIDENT | 45.00 | X | 112848 | 0 | 10686 | |
| BRENDA DEWALL | ||||||
| ASST VICE PRESIDENT LENDING | 45.00 | X | 60701 | 0 | 9954 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 326606 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 34817 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FISERV | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 REMITTANCE DRIVE STE 6944 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606756944 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | DATA PROCESSING | DescriptionOfServices |
| Compensation | 166039 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| LOAN INTEREST | 900099 | 1321535 | 1321535 | |
| OTHER INCOME | 524298 | 407363 | 407363 | |
| FEE INCOME | 522100 | 127516 | 119930 | 7586 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1856414 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 668490 | TotalRevenueColumn |
| Exclusion | $668,490 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NON OPERATING INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 3710 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3710 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 3710 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2528614 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1852538 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 7586 | UnrelatedBusinessRevenue |
| Exclusion | $668,490 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213796 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361423 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 437216 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22071 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26781 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51369 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5700 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233469 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180617 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92244 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73141 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74634 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118173 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| LOAN SERVICING EXPENSE | 86779 |
| PROVISION FOR LOAN AND | 80000 |
| EDUCATIONAL AND PROMOTI | 77086 |
| OPERATING FEES | 11358 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2145857 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9532426 | BOY |
| EOY | 11621328 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 248000 | BOY |
| EOY | 248000 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22071825 | BOY |
| EOY | 22660945 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2923335 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1176147 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1789566 | BOY |
| EOY | 1747188 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21249076 | BOY |
| EOY | 21320613 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438987 | BOY |
| EOY | 447104 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4283971 | BOY |
| EOY | 5044329 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59613851 | BOY |
| EOY | 63089507 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 980980 | BOY |
| EOY | 1136376 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44883305 | BOY |
| EOY | 47829505 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45864285 | BOY |
| EOY | 48965881 | 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 | 13749566 | BOY |
| EOY | 14123626 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13749566 | BOY |
| EOY | 14123626 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59613851 | BOY |
| EOY | 63089507 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 382757 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -8697 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 531457 | OtherCostOrOtherBasis |
| Book Value | 531457 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1616941 | OtherCostOrOtherBasis |
| Depreciation | 526165 | Depreciation |
| Book Value | 1090776 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 31855 | OtherCostOrOtherBasis |
| Depreciation | 16334 | Depreciation |
| Book Value | 15521 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 743082 | OtherCostOrOtherBasis |
| Depreciation | 633648 | Depreciation |
| Book Value | 109434 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1747188 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SECURITIES - AFS | 18253011 | C |
| SECURITIES - HELD TO MATURITY | 32831 | C |
| LIFE INSURANCE INVESTMENT | 3034771 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 21320613 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| LOANS HELD FOR SALE | 1989300 |
| FORECLOSED ASSETS | 1000000 |
| NCUA DEPOSIT | 472693 |
| ACCRUED INTEREST | 188311 |
| OTHER ASSETS | 1394025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5044329 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SHARE DRAFTS | $10,470,618 |
| REGULAR SHARES | $18,333,780 |
| MONEY MARKET SHARES | $10,912,771 |
| SHARE CERTIFICATES | $5,948,397 |
| IRA/KEOGH ACCOUNTS | $2,163,939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 47829505 | TotalOfAmounts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TONNI LARSON | NamePerson |
| Base Compensation Filing Org | 133643 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 19414 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 12259 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 1918 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 167234 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | KAREN RISKE RECEIVED A YMCA MEMBERSHIP OF $672. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. 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 OR 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 PRESIDENT TO HANDLE RESOLUTION. | |
| 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 ANNUALLY 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. PROCESS MOST RECENTLY COMPLETED IN 2011 WITH DETTMAN CONSULTING. | |
| 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. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -8,697. | CHANGES IN NET ASSETS OR FUND BALANCES: |