2011-11-10T16:02:23-06:00 2010-12-31 CLIFTON GUNDERSON LLP 3003 N CENTRAL AVE STE 500 PHOENIX AZ 85012 990 2010-01-01 396264347 COMMUNITY FIRST CREDIT UNION COMM 9208307200 2626 S ONEIDA STREET APPLETON WI 549121487 CATHERINE J TIERNEY 9208307200 2011-11-07 1 K FINCHER 6022662248 2010 2016-03-07 17:11:31Z CATHERINE J TIERNEY 2626 S ONEIDA STREET APPLETON WI 549121487 74271435 0 X WWW.COMMUNITYFIRSTCU.ORG X 1975 WI A COOPERATIVE, NONPROFIT CORPORATION, INCORPORATED TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 9 8 456 8 140756 -27399 0 0 77403599 74271435 0 0 0 0 77403599 74271435 0 0 0 0 14354493 16163684 0 0 0 51428882 40365878 65783375 56529562 11620224 17741873 1352231626 1435886607 1240215594 1306112058 112016032 129774549 X OUR MISSION IS TO BE OUR MEMBERS' PRIMARY FINANCIAL SERVICES PROVIDER BY EARNING AND MAINTAINING MEMBER LOYALTY AND TRUST, MAINTAINING A BALANCE BETWEEN SOUND GROWTH, EARNINGS, AND RESERVES, PROVIDING A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND CONTRIBUTING TO THE WELL-BEING OF THE COMMUNITIES WE SERVE. 0 0 PROVIDED FINANCIAL SERVICES TO 88,618 MEMBER OWNERS IN 2010. FUNDED 23,862 LOANS TO THESE MEMBERS IN 2010 FOR $408,579,221. 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 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 53060 0 1 456 1 1 1 0 0 0 0 0 0 0 X 9 8 1 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 X CATHERINE J TIERNEY 9208307220 2626 S ONEIDA ST APPLETON WI 54912 X CATHERINE J TIERNEY 40.00 X X 394975 0 32923 WILLIAM PETERS 1.00 X 1700 0 0 DR SUSAN MAY 1.00 X 675 0 0 JAY FULKERSON 1.00 X 0 0 0 DEAN HAWKINSON 1.00 X 0 0 0 MARY HULTGREN 1.00 X 0 0 0 DAVID PEPERKORN 1.00 X 0 0 0 TERRI TOWLE 1.00 X 0 0 0 CHERYL PERKINS 1.00 X 0 0 0 KATHERINE WESTOVER 1.00 X 875 0 0 TIMOTHY SCIBORSKI 40.00 X 143035 0 33593 MARY J SULLIVAN 40.00 X 166633 0 18348 SCOTT STEINFORT 40.00 X 146445 0 10231 JEFFREY SCHWEITZER 40.00 X 121662 0 21286 KEVIN HARTZ 40.00 X 143905 0 11697 AMANDA SECOR 40.00 X 132699 0 6655 KIM VAN OSDOL 40.00 X 144226 0 22796 FREDERICK SENSE 40.00 X 109046 0 10159 LAURIE DENNEE 40.00 X 117067 0 16892 1622943 0 184580 12 1 1 0 0 PROGRAM SERVICE REVENU 522100 74130679 74130679 UNRELATED BUSINESS INC 900099 140756 140756 74271435 74271435 74130679 140756 0 1807523 12103070 1189164 1063927 235287 99452 2216420 716597 1147442 1727746 37201 18373708 1486422 198812 OPERATIONS 10645713 PROVISION FOR LOAN LOSS 3313813 EDUCATION 167265 56529562 14846893 18878490 37267 59 1057524005 1138330235 1207940 973676 37869116 17661423 21093763 20207693 253133980 251989803 4387778 5506651 1352231626 1435886607 14165867 8359307 1226049727 1297752751 1240215594 1306112058 X 0 0 0 0 112016032 129774549 112016032 129774549 1352231626 1435886607 X 17741873 16644 X X 0 1 1 X 0 5699711 5699711 18609334 6615152 11994182 24753 24753 0 13535318 11021518 2513800 20207693 INVESTMENTS - PROGRAM RELATED 251989803 C 251989803 REGULAR SHARES 197685235 CHRISTMAS CLUB 973112 MONEY MARKETS 358165966 CHECKING 164246495 IRA ACCOUNTS 128123673 CERTIFICATES 448558270 1297752751 X X 1 1 X X X X 1 0 0 CATHERINE J TIERNEY 377668 0 0 0 17307 0 30979 0 1944 0 427898 0 0 0 TIMOTHY SCIBORSKI 137930 0 0 0 5105 0 31890 0 1703 0 176628 0 0 0 MARY J SULLIVAN 155754 0 0 0 10879 0 16549 0 1799 0 184981 0 0 0 SCOTT STEINFORT 140620 0 0 0 5825 0 8567 0 1664 0 156676 0 0 0 KEVIN HARTZ 138062 0 0 0 5843 0 10100 0 1597 0 155602 0 0 0 KIM VAN OSDOL 139634 0 0 0 4592 0 21054 0 1742 0 167022 0 0 0 FREDERICK SENSE 105133 0 0 0 3913 0 8757 0 1402 0 119205 0 0 0 LAURIE DENNEE 113259 0 0 0 3808 0 16013 0 879 0 133959 0 0 0 PART I, LINE 4A LAURIE DENNEE RECEIVED SEVERANCE OF $40,247. FORM 990, PART VI, SECTION A, LINE 2 SENIOR VICE PRESIDENT OF HUMAN RESOURCES AND SENIOR VICE PRESIDENT OF BRANCH OPERATIONS ARE SISTER/BROTHER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED BY THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11 990 IS REVIEWED BY CEO AND PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE USED AN OUTSIDE COMPENSATION CONSULTANT FOR CEO AND KEY EMPLOYEE COMPENSATION. THE COMPENSATION CONSULTANT WORKS DIRECTLY WITH THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS MONTHLY AND AN ANNUAL REPORT IS AVAILABLE TO MEMBERSHIP EACH YEAR. FORM 990, PART VII THE FOLLOWING OFFICERS CANNOT BE REACHED AT THE ORGANIZATION'S ADDRESS: FREDERICK SENSE 606 S MUELLER ST APPLETON, WI 54914 LAURIE DENNEE 409 CASTLEBURY LANE APPLETON, WI 54913 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: OTHER COMPREHENSIVE INCOME -76,656. EQUITY ACQUIRED IN A MERGER 93,300. TOTAL TO FORM 990, PART XI, LINE 5: 16,644. FORM 990, PART XII, LINE 2C: A FINANCIAL AUDIT IS PERFORMED ANNUALLY. INTERNAL AUDITS ARE PERFORMED THROUGHOUT THE YEAR. THE AUDIT PLAN AND ACTUAL AUDIT REPORTS ARE REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. COMMUNITY FIRST SERVICES INC PO BOX 1487 APPLETON WI 54912 391604353 INSURANCE WI COMMUNITY FIRST CREDIT UNION C 2881 294277 1.00000 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 COMMUNITY FIRST SERVICES INC N 72390 COST COMMUNITY FIRST SERVICES INC P 72390 COST