2025-03-06T08:15:01-08:00 2024-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2024-01-01 381907619 BLOOM CREDIT UNION BLOO 6164522161 401 HALL ST SW 288 GRAND RAPIDS MI 49503 ROBERT DRAEGER CFO 2025-03-06 true true Donald E Lingerfelt P00339004 8005225820 2024 2025-03-06 01:10:19Z X JOE HEINTSKILL 13190825 false X https://bloomcu.org/ X 1951 MI PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. 7 7 59 7 99166 13662 0 10428538 11091533 2238630 2099292 0 12667168 13190825 0 0 3639016 3866015 0 0 6829928 8586242 10468944 12452257 2198224 738568 190623038 193974507 173511597 175944191 17111441 18030316 PROVIDE FINANCIAL SERVICES AND PRODUCTS TO MEMBERS. false false THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/2024 WAS 16,346. THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2024 WAS 8,680. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false true false false false true 3167 0 true 59 true true true false false false false false false false X 7 7 true false false false true true true true true false true true false true true true true true true true false X ROBERT DRAEGER 6164522161 401 HALL ST SW STE 288 GRAND RAPIDS MI 49509 JOSEPH HEINTSKILL CEO 40.00 0.00 X 211562 0 21529 ROBERT DRAEGER CFO 40.00 0.00 X 158892 0 16791 BILL SENIURA Vice President 40.00 0.00 X 148860 0 14527 LORI HORNSHAW Vice President 40.00 0.00 X 121651 0 32592 ROXANNE SPECK Chairman 1.00 0.00 X 5764 0 0 DENNIS BROWN Treasurer 1.00 0.00 X 1306 0 0 THOMAS TRUSZKOWSKI Director 1.00 0.00 X 0 0 0 BRIAN BORR Director 1.00 0.00 X 0 0 0 TODD REMINGA Director 1.00 0.00 X 0 0 0 MEGHAN KATERBERG Director 1.00 0.00 X 0 0 0 JASON MILLER Secretary 1.00 0.00 X 0 0 0 648035 85439 4 false true false CO OP 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 CARD AND ATM SERVICE 490219 Newco Design Build LLC 4131 Roger B Chaffee Mem Blvd SE Grand Rapids MI 49548 CONSTRUCTION 375701 Digital First Holdings LLC PO Box 660367 DALLAS TX 752660367 Digital Online Support 508653 BLUE CARE NETWORK PO BOX 19166 KALAMAZOO MI 490190166 EMPLOYEE HEALTH NETWORK 421824 CUSTER INC 217 CESAR E CHAVEZ AVE SW GRAND RAPIDS MI 49503 FURNITURE 507793 13 0 FEE AND OTHER INCOME 522100 2494107 2471566 22541 INSURANCE REVENUE 524298 37909 37909 INTEREST ON LOANS 522100 8520751 8520751 NON-MEMBER ATM FEES 525990 24409 24409 OTH NON-MBR ACTIVITY INC 525990 14180 14180 177 50 127 11091533 2099292 2099292 0 0 0 0 0 0 0 0 13190825 13091659 99166 0 0 0 0 733474 0 2269352 155800 477117 230272 0 0 0 0 0 0 0 317890 1230815 968205 0 486902 175663 0 0 1939671 15224 251919 72580 PRO SERVICES 1139611 LOAN SERVICING 1059826 PROVISION FOR LOAN LOSS 852796 OTHER 75140 0 12452257 0 0 0 1562559 1499533 22806934 32940696 0 227586 619197 0 0 124641173 124571999 0 561798 624266 8436915 3004524 4465900 5432391 32842542 23416691 1180830 2258256 0 0 2333716 2611478 190623038 193974507 244250 720377 173267347 175223814 173511597 175944191 X 17111441 18030316 17111441 18030316 190623038 193974507 X 738568 156252 24055 X false false false 1295278 1295278 3489689 1345786 2143903 369324 54238 315086 1233949 759183 474766 2048675 845317 1203358 5432391 LEASED ASSET LIABILITY 536093 OTHER LIABILITIES 604095 SHARES 174083626 175223814 X false false false BILL SENIURA Vice President 142860 6000 13295 1232 163387 JOSEPH HEINTSKILL CEO 204262 1300 6000 19014 2515 233091 LORI HORNSHAW Vice President 111954 9697 10922 21670 154243 ROBERT DRAEGER CFO 140721 12171 6000 14284 2507 175683 Form 990, Part VI, Section A, Line 2 BOARD CHAIR, ROXANNE SPECK, IS THE DAUGHTER OF DIRECTOR DENNIS BROWN. Form 990, Part VI, Section A, Line 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE, AND VOTING. Form 990, Part VI, Section A, Line 7a THE BOARD IS ELECTED BY THE MEMBERSHIP FOR THREE YEAR TERMS. Form 990, Part VI, Section A, Line 7b MERGERS ARE VOTED ON BY THE ENTIRE MEMBERSHIP. Form 990, Part VI, Section B, Line 11b MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS US FORM 8879-TE TO TAX PREPARER. A COPY IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. Form 990, Part VI, Section B, Line 12c COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE HUMAN RESOURCES DEPARTMENT ON A REGULAR BASIS, WITH UPDATES TO DISCLOSURES PERFORMED ON AN ANNUAL BASIS. Form 990, Part VI, Section B, Line 15a COMPENSATION FOR THE PRESIDENT/CEO AND KEY EMPLOYEES IS DETERMINED BY THE BOARD OF DIRECTORS USING CUNA AND MCUL SALARY SURVEYS TO DETERMINE RANGES AND ACTUAL PAY. THE LAST REVIEW PROCESS WAS PERFORMED IN 2024. Form 990, Part VI, Section B, Line 15b COMPENSATION FOR THE PRESIDENT/CEO AND KEY EMPLOYEES IS DETERMINED BY THE BOARD OF DIRECTORS USING CUNA AND MCUL SALARY SURVEYS TO DETERMINE RANGES AND ACTUAL PAY. THE LAST REVIEW PROCESS WAS PERFORMED IN 2024. Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS ARE POSTED MONTHLY AT OUR PRIMARY OFFICE LOCATED IN GRAND RAPIDS, MICHIGAN. QUARTERLY CALL REPORTS ARE AVAILABLE AT THE NCUA.GOV WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE FOR REVIEW UPON REQUEST. Form 990, Part XI, Line 9 DISSOLUTION OF CUSO = $24055 FINANCIAL RESOURCE ADVISORS LLC 1414 BURTON ST SW WYOMING MI 49509 383406282 INSURANCE AND INVESTMENT SALES MI 177 BLOOM CREDIT UNION false false false false false false false false false false false false false false false false false false false DISSOLUTION OF DISREGARDED ENTITY FINANCIAL RESOURCE ADVISORS, LLC DISSOLVED AS OF 12/31/2024. CASH BALANCE $24,055 MOVED TO BLOOM CREDIT UNION.