2023-06-30T10:49:13-05:00 2022-12-31 351476702 BRADY WARE & SCHOENFELD INC 2206 CHESTER BLVD RICHMOND IN 47374 990 2022-01-01 466746110 CREDIT UNION TRUST CRED 3175945300 5975 CASTLE CREEK PKWY NORTH 200 INDIANAPOLIS IN 46250 LORI ELTZROTH PRESIDENT 3175945300 2023-05-18 1 LORI ELTZROTH 999009999 0 MARK A KASSENS CPA P00064831 7659660531 2023-05-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LORI ELTZROTH 5975 CASTLE CREEK PARKWAY NORTH 200 INDIANAPOLIS IN 46250 49190963 0 X N/A X 2013 IN SELF-FUNDED MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) FOR INDIANA CREDIT UNIONS WITH EXPANSION TO KENTUCKY CREDIT UNIONS APPROVED. 9 9 0 9 0 0 0 0 46436010 48609187 28872 323342 0 258434 46464882 49190963 0 0 35745285 38520464 0 0 0 0 0 5638254 6243260 41383539 44763724 5081343 4427239 27252479 30658690 6164329 5143301 21088150 25515389 THE TRUST IS A "MULTIPLE EMPLOYER WELFARE ARRANGEMENT" AS DEFINED IN SECTION 3(40) OF ERISA. ITS MISSION IS TO ENABLE ELIGIBLE EMPLOYERS TO PROVIDE OR MAKE AVAILABLE WELFARE BENEFIT COVERAGES TO THEIR ELIGIBLE EMPLOYEES AND SUCH EMPLOYEES' ELIGIBLE DEPENDENTS. 0 0 THE SOLE PURPOSE AND ACTIVITY OF THE TRUST IS TO PROVIDE HEALTH AND WELFARE RELATED BENEFITS TO ELIGIBLE PARTICIPANTS OF THE CREDIT UNION CONSORTIUM HEALTH PLAN. 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 1 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 IN X TRISH MCCORMICK 3175945300 5975 CASTLE CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46250 X LORI ELTZROTH PRESIDENT 1.00 X X 0 0 0 PAUL OBERMEYER VICE PRESIDENT 1.00 X X 0 0 0 BRETT RINKER SECRETARY/TREASURER 1.00 X X 0 0 0 STEPHANIE BAGGETT TRUSTEE 1.00 X 0 0 0 BECKY ANTHONY TRUSTEE 1.00 X 0 0 0 KATHERINE BEAUCHAMP TRUSTEE 1.00 X 0 0 0 JAMIE STAINBROOK TRUSTEE 1.00 X 0 0 0 JOHN NEWETT TRUSTEE 1.00 X 0 0 0 DAVE SHUEY TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 ICUL SERVICES CORPORATION PO BOX 50425 INDIANAPOLIS IN 46250 MANAGEMENT FEES 785562 LHD BENEFIT ADVISORS 250 W 96TH STREET SUITE 350 INDIANAPOLIS IN 46260 CONSULTING SERVICES 287010 2 EMPLOYER CONTRIBUTIONS 900099 48394550 48394550 COBRA CONTRIBUTIONS 900099 214637 214637 48609187 323342 323342 FEDERAL AND STATE INCOME TAX REFU 900099 258434 258434 258434 49190963 48609187 0 581776 38520464 100661 20950 35574 ADMINISTRATIVE EXPENSE 3543702 PREMIUMS 2441299 OTHER PROFESSIONAL FEES 96420 TRUSTEE FEES 4654 44763724 24727562 27472797 2489969 3163809 34948 22084 27252479 30658690 209426 51785 5954903 5091516 6164329 5143301 X 0 0 0 0 21088150 25515389 21088150 25515389 27252479 30658690 4427239 0 X X 0 0 0 0 CLAIMS PAYABLE 1021963 IBNR 4069553 5091516 FORM 990, PART VI, SECTION A, LINE 3 THE TRUST HAS AN ADMINISTRATIVE SERVICES AGREEMENT WITH ICUL SERVICES CORPORATION TO PROVIDE THE TRUST AND ITS MEMBERS CLIENT SUPPORT SERVICES, MARKETING SUPPORT, AND ADMINISTRATIVE SUPPORT. FORM 990, PART VI, SECTION A, LINE 6 THE CUCARE WELFARE BENEFIT PLAN TRUST (THE "TRUST") AND THE CUCARE WELFARE BENEFIT PLAN WERE ESTABLISHED IN 2013 BY THE INDIANA CREDIT UNION LEAGUE, INC. (ICUL) AND THE BOARD OF TRUSTEES TO PROVIDE HEALTH AND OTHER BENEFITS COVERING ALL ELIGIBLE EMPLOYEES OF PARTICIPATING CREDIT UNIONS LOCATED IN THE STATE OF INDIANA (EMPLOYERS). EFFECTIVE JANUARY 1, 2018, THE ICUL TRANSFERRED ITS SETTLOR POWERS IN THE CUCARE WELFARE BENEFIT PLAN TRUST TO THE NEWLY CREATED CREDIT UNION CONSORTIUM (THE "CONSORTIUM"). ALL ASSETS OF THE CUCARE WELFARE BENEFIT PLAN TRUST CONTINUE TO BE USED FOR THE PURPOSES SET FORTH IN THE TRUST AGREEMENT. THE CUCARE WELFARE BENEFIT PLAN WAS TERMINATED EFFECTIVE DECEMBER 31, 2017. IN ACCORDANCE WITH THE CUCARE WELFARE BENEFIT PLAN TERMINATION DOCUMENTATION, THE TRUST WAS OBLIGATED TO PAY CLAIMS WITH RESPECT TO THE CUCARE WELFARE BENEFIT PLAN FOR ELIGIBLE EXPENSES INCURRED PRIOR TO JANUARY 1, 2018. A NEW PLAN, THE CREDIT UNION CONSORTIUM HEALTH PLAN, WAS FORMED EFFECTIVE JANUARY 1, 2018 BY THE CREDIT UNION CONSORTIUM. EFFECTIVE JANUARY 1, 2019, THE CUCARE WELFARE BENEFIT PLAN TRUST CHANGED ITS NAME TO THE CREDIT UNION TRUST. IN ADDITION, DURING 2019, THE PLAN WAS APPROVED TO TRANSACT BUSINESS AS A MULTI EMPLOYER WELFARE ARRANGEMENT IN THE COMMONWEALTH OF KENTUCKY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, PUBLIC DOCUMENTS MAY BE VIEWED AT THE ORGANIZATION'S OFFICE. FORM 990. PART XII, LINE 2 THERE WERE NO AUDITED FINANCIAL STATEMENTS FOR THE TRUST, HOWEVER, THERE WAS A SEPARATE PLAN AUDIT DURING 2022 FOR THE CREDIT UNION CONSORTIUM HEALTH PLAN. CREDIT UNION CONSORTIUM 111 MONUMENT CIRCLE SUITE 2700 INDIANAPOLIS IN 46204 824121530 ESTABLISH ONE OR MORE EMPLOYEE BENEFIT PLANS SUBJECT TO ERISA IN C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREDIT UNION CONSORTIUM