2012-05-04T14:02:20-07:00 2011-12-31 990 2011-01-01 626041453 Kingsport Press Credit Union KING 4233789292 528 W Center Street Kingsport TN 37660 Jeff Morris 4233789292 2012-05-04 2011 2016-02-24 21:20:13Z X Deborah Salyer 528 W Center Stree Kingsport TN 37660 3547350 0 1182 X www.kpcu.org X State Chartered Credit Union 1932 TN To provide financial services to approximately 7,448 members (owners) in the form of financial counseling, loans, IRA's, deposit accounts, etc... 9 7448 0 10 0 0 2095 1995 3199784 3249771 305657 180181 204125 115403 3711661 3547350 0 0 0 0 946790 963167 0 0 0 2815591 2501018 3762381 3464185 -50720 83165 62515707 61899138 55939630 55213113 6576077 6686025 See Form 990, Page 1, Part 1, Line 1 0 0 0 0 0 See Form 990, Page 1, Part 1, Line 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 X 9 7448 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 0 1 1 0 TN X Kingsport Press Credit Union 4233789292 528 W Center Street Kingsport TN 37660 Christine Grant 1 X 0 0 0 Paul Rutledge 0.5 X 0 0 0 Jackie Taylor 0.5 X 0 0 0 Larry Gullion 2.00 X 0 0 0 Tommy Dykes 0.5 X 0 0 0 Jack Fannon 0.5 X 0 0 0 Gary Birchfield 0.5 X 0 0 0 Randall Seaver 10 X 11793 0 0 Hollis Anderson 0.5 X 0 0 0 Deborah Salyer 40 X X X 57034 0 0 68827 0 0 0 0 0 0 EPL 22 Iverness Center Birmingham AL 35542 Data Processor 132191 United Healthcare 1300 River Drive Moline IL 61265 Employee Healthcare 165501 2 0 1995 0 0 0 0 0 1995 Interest on Loans to Members (Owners) 522130 2621647 2621647 0 0 Fees on Member Services 522130 628124 628124 0 0 0 0 0 0 3249771 166390 166390 0 0 0 0 0 0 0 0 0 0 0 0 0 13791 0 0 0 13791 13791 13791 0 0 0 Other Operating Revenue 522130 115403 115403 0 0 0 0 0 0 115403 3547350 3545355 0 0 68827 642254 252086 19420 11690 50389 302648 163014 92474 5785 26 62956 33210 Dividend & Interest to Members 1295247 Provision For Loan Losses 258563 NCUSIF Stabilization Expense 95841 Loan Servicing Expenses 66673 43082 3464185 0 0 0 805823 1043006 44711194 44217539 920417 893324 2352104 1120081 1257805 1232023 14820468 14513246 62515707 61899138 141231 171420 55798399 55041693 55939630 55213113 X 2617322 2644105 0 0 3958755 4041920 6576077 6686025 62515707 61899138 X 83165 26783 X 1 1 0 X 0 0 533097 533097 0 1120304 513640 606664 0 0 0 0 0 698703 606441 92262 0 0 0 0 1232023 Bank Certificates of Deposit 9280000 C Federal Agency Securities 3505785 F Volunteer Corporate Credit Union 1727461 C 14513246 0 Members Shares 11822192 Members Sharedrafts 4397959 Members Money Markets 958796 Members Certificates of Deposit 10877546 Members IRA Certificates of Deposit 26622886 Members Other Deposits 362314 55041693 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Credit Union Members (owners) only. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Credit Union members (owners) elect the Governing Body at the Annual Meeting. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 is available to the governing body. It will also be available to the independent auditors and the State Regulators. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Monitored & reported to the Governing Body by the V/P Operations at each monthly meeting. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation obtained through surveys among peer groups and through the TN Credit Union League. Approval is obtained from the Governing Body. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 All documents, policies, & statements are made available to the Membership (Owners) upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized LOSS on Securities decreased from $21,404 at the beginning of 2011 to an Unrealized GAIN on Securities of $5,379 at the end of 2011, a difference of $26,783.