2023-11-15T12:01:40-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2022-01-01 440444275 BLUCURRENT CREDIT UNION BLUC 4178871983 1770 W SUNSET ST SPRINGFIELD MO 65807 GARY KIRK SENIOR EXECUTIVE VICE-PRESIDENT 4178871983 2023-11-13 1 GARY KIRK 999009999 0 TANYA MEDGAARDEN P01717240 5074347000 2023-11-10 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z GARY KIRK 1770 W SUNSET ST SPRINGFIELD MO 65807 18956356 0 X BLUCURRENT.ORG X CREDIT UNION 1929 MO COOPERATIVE PROVIDER OF FINANCIAL SERVICES. 9 9 107 3 15496 0 0 0 16944311 17737748 34057 469408 0 0 16978368 18207156 426888 260508 0 966687 6214702 6527006 0 0 0 6494853 7319212 13136443 15073413 3841925 3133743 274770544 305927504 249479547 276275366 25290997 29652138 X VOLUNTARY, COOPERATIVE, NON-PROFIT CREDIT UNION FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS 23,000+ MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATE OF INTEREST, PROVIDING FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH EARNINGS, SAVINGS, BENEFITS AND SERVICES BEING DISTRIBUTED TO ITS MEMBERS, FOR FINANCIAL AND FINANCIALLY-RELATED SERVICES, AND FOR AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 0 0 VOLUNTARY, COOPERATIVE, NON-PROFIT CREDIT UNION FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS 23,000+ MEMBERS, CREATING A SOURCE OF CREDIT AT FAIR AND REASONABLE RATE OF INTEREST, PROVIDING FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH EARNINGS, SAVINGS, BENEFITS AND SERVICES BEING DISTRIBUTED TO ITS MEMBERS, FOR FINANCIAL AND FINANCIALLY-RELATED SERVICES, AND FOR AN OPPORTUNITY FOR ITS MEMBERS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5158 0 1 107 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X GARY KIRK 4178871983 1770 W SUNSET ST SPRINGFIELD MO 65807 SCOTT ROSE CHAIRMAN 1.00 X X 0 0 0 MIKE MCFARLAND VICE CHAIRMAN 1.00 X X 0 0 0 HOWARD HOUSE SECRETARY/TREASURER 1.00 X X 0 0 0 JANA SHETLER DIRECTOR 1.00 X 0 0 0 RALPH TATE DIRECTOR 1.00 X 0 0 0 LISA VANDAVEER DIRECTOR 1.00 X 0 0 0 DAVID HAVENS DIRECTOR 1.00 X 0 0 0 MARY ANN WOOD DIRECTOR 1.00 X 0 0 0 CHERYL PRIFTI DIRECTOR 1.00 X 0 0 0 CRAIG TABOR CEO 40.00 X 244906 0 127926 GARY KIRK SEVP 40.00 X 169062 0 40641 DEREK WILLIAMS EVP 40.00 X 146728 0 38805 BRIAN ROY CLO 40.00 X 131617 0 48733 BRENT DAVIS SVP OF CONSUMER LENDING 40.00 X 108677 0 49091 LACEY STOMBOLY CCO 40.00 X 105101 0 32135 JESSE JANTZ SVP OF INFORMATION SERVICES 40.00 X 104398 0 29279 1010489 0 366610 7 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 DEBIT/CREDIT CARD SERVICES 707688 LUMIN DIGITAL 3001 BISHOP DR SUITE 110 SAN RAMON CA 94583 ONLINE BANKING PLATFORM 343344 JACK HENRY AND ASSOCIATES INC PO BOX 609 MONETT MO 65708 SOFTWARE MAINTENANCE 100457 3 LOAN INTEREST 522100 12776275 12776275 OTHER INCOME 522100 2720787 2705291 15496 FEE INCOME 522100 2240686 2240686 17737748 470541 470541 745567 2500 747000 2200 -1433 300 -1133 -1133 18207156 17722252 15496 469408 260508 966687 1377099 3953810 221363 604791 369943 23141 178104 150165 1034881 254067 1153662 497157 212248 189182 396479 660 LOAN SERVICING 1703746 PROVISION FOR LOAN LOSS 1004523 OTHER NON-INTEREST EXPE 497650 OPERATING FEES 23547 15073413 2313441 2426106 48840282 32342138 316264 595282 207134794 244906534 802702 1056977 19745231 6829409 7050645 12915822 1167800 1307132 4996891 7005284 5519954 274770544 305927504 3546297 3666287 15000000 245933250 257609079 249479547 276275366 X 0 0 0 0 25290997 29652138 25290997 29652138 274770544 305927504 X 3133743 1227398 X X 0 1 X 1 0 4262573 4262573 6271614 2617844 3653770 4716296 4211565 504731 4494748 4494748 12915822 MEMBER DEPOSITS 252893079 NONMEMBER DEPOSITS 4716000 257609079 X 18207158 0 18207158 -2 -2 18207156 15073408 0 15073408 5 5 15073413 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER IRC 501(C)(14), FROM MOST FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2022 AND 2021. THE CREDIT UNION'S 2019 THROUGH 2021 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 0 CONVOY OF HOPE POST OFFICE BOX 1125 SPRINGFIELD MO 65801 680051386 501(C)(3) 86836 0 GENERAL SUPPORT PREGNANCY CARE CENTER 1342 E PRIMROSE ST SPRINGFIELD MO 65804 431786978 501(C)(3) 86836 0 GENERAL SUPPORT VICTORY MISSION POST OFFICE BOX 2884 SPRINGFIELD MO 65801 431345089 501(C)(3) 86836 0 GENERAL SUPPORT X 1 1 X X 0 0 0 CRAIG TABOR CEO 244906 0 0 0 0 0 114496 0 13430 0 372832 0 0 0 GARY KIRK SEVP 158109 0 6258 0 4695 0 22241 0 18400 0 209703 0 0 0 DEREK WILLIAMS EVP 136072 0 5118 0 5538 0 20559 0 18246 0 185533 0 0 0 BRIAN ROY CLO 122378 0 4412 0 4827 0 30700 0 18033 0 180350 0 0 0 BRENT DAVIS SVP OF CONSUMER LENDING 101588 0 3106 0 3983 0 36847 0 12244 0 157768 0 0 0 PART I, LINE 1A THE COMPANION RECEIVES REIMBURSEMENT FOR FLIGHTS AND PER DIEM FOR TRAVEL. PART I, LINE 1B THE COMPANION RECEIVES A 1099-MISC FORM FOR PROVIDED BENEFITS ABOVE. PART I, LINE 3 THE HR DEPARTMENT REVIEWS INDUSTRY SURVEYS AND STUDIES AND PROVIDES A SUMMARY REPORT TO THE BOARD ABOUT INDUSTRY SALARY NORMS FOR CEOS OF CREDIT UNIONS SIMILAR IN SIZE TO BLUCURRENT. THE BOARD USES THAT INFORMATION TO DETERMINE THE SALARY FOR THE CEO. INVO SOLUTIONS LLC OFFICERS GARY KIRK AND DEREK WILLIAMS ARE OWNERS OF INVO SOLUTIONS, LLC INVO SOLUTIONS, LLC PROVIDES CLOUD SERVICES TO CREDIT UNION 0 SCHEDULE L, PART IV, COLUMN C CLOUD SERVICE $9,563CLOUD SERVER $1,200 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A CREDIT UNION AND THE MEMBERS OF THE CREDIT UNION ARE THE OWNERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF THE ORGANIZATION. ALL BOARD MEMBERS VOLUNTEER THEIR SERVICES. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS REQUIRED BY THE BY LAWS ARE SUBJECT TO APPROVAL OF THE MEMBERS BY VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE 990 WILL HAPPEN AT THE OCTOBER BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD REVIEWS TRANSACTIONS AND RELATIONSHIPS WITH BOARD MEMBERS, OFFICERS AND RELATED PERSONS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE HR DEPARTMENT REVIEWS INDUSTRY SURVEYS AND STUDIES AND PROVIDES A SUMMARY REPORT TO THE BOARD ABOUT INDUSTRY SALARY NORMS FOR CEOS AND OTHER OFFICERS OF CREDIT UNIONS SIMILAR IN SIZE TO BLUCURRENT. THE BOARD USES THAT INFORMATION TO DETERMINE THE SALARY OF THE CEO. MANAGEMENT, WITH THE APPROVAL OF THE BOARD, ESTABLISHES COMPENSATION PLANS FOR THE OFFICERS AND KEY EMPLOYEES OF THE CREDIT UNION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022 FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC AT ITS CORPORATE OFFICE FREE OF CHARGE. FOR THE COST OF REPRODUCING AND MAILING, A COPY WILL BE SENT VIA U.S. MAIL UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN OCI DUE TO DEFINED BENEFIT AND POST-RETIREMENT BENEFIT PLANS 1,227,398. PART XII, LINE 2C PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.