2023-05-16T00:42:18-07:00 2022-12-31 990 2022-01-01 391762211 Holy Redeemer Community Credit Union HOLY 4144661800 3500 W Mother Daniels Way Milwaukee WI 53209 Lisa Neal Compliance Officer 4143224407 2023-05-15 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Lisa Neal 3500 West Mother Daniels Way Milwaukee WI 53209 17939 0 X X 1993 WI The Hoy Redeemer Community Credit Union was organized for the purpose of encouraging thrift among its members for the purpose of promoting savings. Creating a source of credit at a fair and reasonable rate of interest. Providing an opportunity for each of tis members to improve their respective economic and social conditions. Creating a unique financial institution that is democratically owned and controlled not-for-profit, but organized by a group of people who share a common bond. Providing services to low-moderate income. 7 7 0 2 0 0 0 0 11999 10289 1055 7650 0 0 13054 17939 0 0 0 0 0 0 0 0 0 13278 10983 13278 10983 -224 6956 773268 587073 598637 414455 174631 172618 Holy Redeemer Community Credit Union was organized for the purpose of encouraging thrift among its members for the purpose of promoting savings. To create a source of credit at a fair and reasonable rate of interest. To provide an opportunity for each of its members to improve their respective economic and social conditions; and to create a unique financial institution that is democratically owned and controlled not-for-profit, but organized by a group of people having a common bond. Provide services to low moderate income 0 0 We funded 4 loans during 2022. As of 12/31/2022, we had 10 consumer loans We have deposit, transaction, and investment accounts with 272 members at 12/3/2022 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 WI X X Holy Redeemer Community Credit Union 4144661800 3500WMother DanielsWay Milwaukee WI 53209 Tiffany Batton Director 0 0 X 0 0 0 Sheryle Cunningham Director 0 0 X 0 0 0 Kasandra Purham-Andrew Director 5 40 X 0 0 0 Sedgwick Daniels President 5 5 X 0 0 0 John Daniels III Vice-Chairman 0 0 X 0 0 0 Calvin Scott Chairman 0 0 X 0 0 0 Sheila Robinson Secretary 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Income on Loans 521110 4809 4809 0 0 Fee Income 522100 480 480 0 0 Member Education Services 522100 5000 5000 0 0 0 0 0 0 10289 7650 7650 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17939 17939 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6594 1618 0 0 0 0 0 0 43 104 2350 Dividend to members 274 0 10983 0 0 0 4293 5340 639866 513357 111803 61914 639 570 104 16563 5892 773268 587073 9447 7751 5000 589190 401704 598637 414455 X 0 0 0 0 174631 172618 174631 172618 773268 587073 X 6956 0 0 0 0 -8969 X 0 0 0 other liabilities 401704 401704 Schedule D, Part VIII Program related investments included the required NCUA Capitalization Fund and Corporate Central Credit Union Capital Investment requirements. Form 990, Part VI, Section A, Line 2 Relationship between Board members Bishop Segwick Daniels and John Daniels III Form 990, Part VI, Section A, Line 6 The organization consist of members. To be a member one must have a share/saving account Each member has one vote to elect the governing body. (Board of Directors) Form 990, Part VI, Section A, Line 7a The board is elected by the membership utilizing one vote per membe. 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 in the organization's bylaws. Any decision to dissolve or merger this organization requires approval of membership uless mandated by regulatory agency (i.e. NCUA, Wisconsin Department of Financial Institution Form 990, Part VI, Section B, Line 11b Review for accuracy by verification of information page by page Form 990, Part VI, Section C, Line 18 990 Form is made available upon request Form 990, Part VI, Section C, Line 19 Upon Request Form 990, Part XI, Line 9 The credit union was allowed by the state examiners office to fud it's Allowance for Loan Loss account by transfer from Undivided Earnings. This was done to allow it to write-off a consumer loan The filing date is 5/15/2022 11:19. I am central standard time. My information had to be transfer to online because it was done on paper.