2023-05-10T09:12:21-07:00 2022-12-31 990 2022-01-01 391370057 Corporate Central Credit Union CORP 4144255555 6262 S Lowell Place Muskego WI 53150 Nicholas Fanning SVP/Chief Financial Officer 4144255555 2023-05-10 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Nicholas Fanning CFA 6262 S Lowell Place Muskego WI 53150 135617240 0 X corpcu.com X 1981 WI To meet the changing financial needs of our members by promoting outstanding service and value; by treating others in a manner that develops and maintains trust by following through and pursuing excellence and by growing. 9 9 68 9 0 0 0 0 6874267 8620006 22061761 97466801 40764161 29530433 69700189 135617240 0 0 0 0 8504631 7951871 0 0 0 16077883 87487145 24582514 95439016 45117675 40178224 3601269698 3090180470 3494406724 3012607755 106862974 77572715 To meet the changing financial needs of our members by promoting outstanding service and value; by treating others in a manner that develops and maintains trust, by following through and pursuing excellence, and by growing. 0 0 0 0 0 A cooperative nonprofit corporation, incorporated under Wisconsin State Law 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. Corporate Central Credit Union is providing correspondent services and investments to member credit unions. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 X 16 0 68 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Cherie Spargur 4144255555 6262 S Lowell Place Muskego WI 53150 Chris Felton President and CEO 40 X 447839 0 46273 Daniel McIntyre VP Investment Services 40 X 305778 0 165050 Nick Fanning SVP/Chief Financial Officer 40 X 287031 0 104290 Gregg Tushaus SVP Chief Technology & Strategy Officer 40 X 249091 0 106596 Kevin Chiappetta SVP/Investment Services 40 X 226604 0 126618 Jesse Kohl SVP/Corporate Development 40 X 214930 0 65397 Nancy Morgan SVP/Chief Operating Officer 40 X 267305 0 0 John Hickey VP Investments 40 X 169212 0 75596 Brian Nowak Information Technology Director 40 X 184592 0 44084 Adam Stone Executive Vice President Investment Services 40 X 180102 0 48236 Cherie Spargur VP Accounting 40 X 161714 0 44609 Fred Blask VP Governance Risk & Compliance 40 X 134910 0 64517 Brian Stefanski Software Engineer 40 X 130698 0 52503 Kent Tushaus Senior Software Engineer 40 X 134169 0 42474 Karen Christie VP Member Services 40 X 176162 0 0 Jevon Cliffgard Lead Software Architect 40 X 140233 0 25275 Ryan McMillan Director of Technology Solutions 40 X X 117865 0 39453 Chris Geisler Director - Business Development 40 X 111593 0 38595 Jay Magulski Chair 1 X 0 0 0 Peter Paulson Vice Chair 1 X 0 0 0 Val Mindak Secretary 1 X 0 0 0 Sue Johnson Treasurer 1 X 0 0 0 Chris Allen Director 1 X 0 0 0 Eric Chrisinger Director 1 X 0 0 0 Angela Hanson Director 1 X 0 0 0 Daniel Ige Director 1 X 0 0 0 Steve Koenen Director 1 X 0 0 0 3639828 0 1089566 18 1 1 0 0 0 0 0 0 0 0 0 Interest on Loans 522130 2129917 2129917 0 0 Correspondent Services Income 522130 6490089 6490089 0 0 0 0 0 0 8620006 97466801 97466801 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous Income 522130 27586633 27586633 0 0 Gain/loss on Investments 522130 1943800 1943800 0 0 0 0 0 0 29530433 135617240 135617240 0 0 0 0 0 0 3594380 0 2991639 651203 278645 436004 0 96164 134448 0 0 0 0 289727 220239 1166976 0 203154 103329 0 52763 296163 0 274423 0 Miscellaneous Expenses 365931 Dividends 80854348 Service Fees 3429480 0 95439016 0 0 0 286482314 297414992 1033021978 410765501 0 0 3599705 234056430 0 0 0 0 0 0 5535 0 11667329 10768467 5829391 1941021 3375774 3888370 2213414311 2106452159 48414036 20087356 0 0 0 0 1288716 6747195 3601269698 3090180470 2292405 2193897 0 0 89874 0 0 0 0 0 0 0 0 0 0 0 3492024445 3010413858 3494406724 3012607755 X 0 0 0 0 106862974 77572715 106862974 77572715 3601269698 3090180470 X 40178224 -66450478 0 0 0 -3018005 X 0 1 X 1 0 244017 0 244017 2865269 0 933341 1931928 0 0 0 0 313732 0 238843 74889 2406373 0 768837 1637536 3888370 0 Interest and Dividends Payable 2379863 Member Share & Capital Balances 2628033995 Notes Payable 380000000 3010413858 X 135617240 0 0 0 0 0 135617240 0 0 0 135617240 95439016 0 0 0 0 0 95439016 0 0 0 95439016 Schedule D, Part X, Line 2 Corporate Central adopted the income tax accounting standard for uncertain tax positions. As a result, Corporate Central evaluated its tax positions and determined no uncertain tax positions exist as of December 31, 2022 and 2021. X 1 1 X X X X 0 0 0 Chris Felton President and CEO 367193 0 62307 0 18339 0 46273 0 0 0 494112 0 0 0 Daniel McIntyre VP Investment Services 115270 0 188924 0 1584 0 165050 0 0 0 470828 0 0 0 Nick Fanning SVP/Chief Financial Officer 236812 0 45492 0 4727 0 104290 0 0 0 391321 0 0 0 Gregg Tushaus SVP Chief Technology & Strategy Officer 228375 0 18607 0 2109 0 106596 0 0 0 355687 0 0 0 Kevin Chiappetta SVP/Investment Services 190513 0 33665 0 2426 0 126618 0 0 0 353222 0 0 0 Jesse Kohl SVP/Corporate Development 184434 0 20250 0 10246 0 65397 0 0 0 280327 0 0 0 Nancy Morgan SVP/Chief Operating Officer 226797 0 30605 0 9903 0 0 0 0 0 267305 0 0 0 John Hickey VP Investments 137334 0 28970 0 2908 0 75596 0 0 0 244808 0 0 0 Brian Nowak Information Technology Director 167226 0 16902 0 464 0 44084 0 0 0 228676 0 0 0 Adam Stone Executive Vice President Investment Services 153887 0 25930 0 285 0 48236 0 0 0 228338 0 0 0 Cherie Spargur VP Accounting 143520 0 15163 0 3031 0 44609 0 0 0 206323 0 0 0 Fred Blask VP Governance Risk & Compliance 120337 0 12317 0 2256 0 64517 0 0 0 199427 0 0 0 Brian Stefanski Software Engineer 101937 0 27922 0 839 0 52503 0 0 0 183201 0 0 0 Kent Tushaus Senior Software Engineer 105048 0 28267 0 854 0 42474 0 0 0 176643 0 0 0 Karen Christie VP Member Services 155312 0 15273 0 5577 0 0 0 0 0 176162 0 0 0 Jevon Cliffgard Lead Software Architect 110537 0 29383 0 313 0 25275 0 0 0 165508 0 0 0 Ryan McMillan Director of Technology Solutions 81454 0 33921 0 2490 0 39453 0 0 0 157318 0 0 0 Chris Geisler Director - Business Development 90799 0 18800 0 1994 0 38595 0 0 0 150188 0 0 0 Schedule J, Part I, Line 1a When Board or management have business travel spouses periodically travel as a companion. Schedule J, Part I, Line 3 Independent consultant, compensation surveys, other form 990s are all sources of reference when determining CEO compensation. Approval by Board is required for CEO compensation. Form 990, Part V, Line 3b Corporate Central only has income related to the exempt purpose. There is no unrelated business income. Form 990, Part VI, Section A, Line 6 Corporate Central has members. Form 990, Part VI, Section A, Line 7a All of our governing body are appointed by member credit unions. Form 990, Part VI, Section A, Line 7b The governing body appoints Senior Management to take on the daily management of operations of the organization. Form 990, Part VI, Section B, Line 11b A copy of the completed 990 and schedules are provided to the Board for review. Form 990, Part VI, Section B, Line 12c The annual disclosure and signature requirement by officers, directors, and employees is the regular monitoring process. Form 990, Part VI, Section B, Line 15 Industry specific compensation surveys are obtained and reviewed when salaries are determined. Board approval is required for CEO compensation. Form 990, Part VI, Section C, Line 19 Financial statements are available on public website. Form 990, Part XI, Line 9 Change in unrecognized gain/loss in pension plan/retirement benefits $-214,260 Perpetual Contributed Capital Dividends paid to members $-2,803,745 total $-3,018,005. InterLutions LLC 6262 S Lowell Place Muskego WI 53150 383972381 Referral Services for Credit Unions WI 377436 877965 Corporate Central Credit Union QuantyPhi LLC 6262 S Lowell Place Muskego WI 53150 300986767 Investment Services for Credit Unions WI 316502 1190895 Corporate Central Credit Union Emergifi LLC 6262 S Lowell Place Muskego WI 53150 384029463 Information Technology for Credit Unions WI 461938 543610 Corporate Central Credit Union