2024-05-13T15:51:24-07:00 2023-12-31 990 2023-01-01 391370057 Corporate Central Credit Union CORP 4144255555 6262 S Lowell Place Muskego WI 53150 Nicholas Fanning SVP/Chief Financial Officer 4144255555 2024-05-13 Nicholas Fanning 999009999 1 1 11 1 AAL2 X 2023 2023-04-26 12:10:37Z Nicholas Fanning CFA 6262 S Lowell Place Muskego WI 53150 244005068 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 65 9 0 0 0 0 8620006 8455509 97466801 228201422 29530433 7348137 135617240 244005068 0 0 0 0 7951871 9172427 0 0 0 87487145 214946897 95439016 224119324 40178224 19885744 3090180470 3048838499 3012607755 2922588634 77572715 126249865 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 15 0 65 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 0 X 464023 0 62810 Gregg Tushaus SVP Chief Technology & Strategy Officer 40 0 X 293864 0 115466 Nick Fanning SVP/Chief Financial Officer 40 0 X 296688 0 74538 Kevin Chiappetta SVP/Investment Services 40 0 X 226795 0 107756 Adam Stone Executive Vice President Investment Services 40 0 X 240643 0 54445 Nancy Morgan SVP/Chief Operating Officer 40 0 X 281498 0 0 Jesse Kohl SVP/Corporate Development 40 0 X 223026 0 39749 Brian Nowak Information Technology Director 40 0 X 190150 0 44472 John Hickey VP Investments 40 0 X 159872 0 58634 Cherie Spargur VP Accounting 40 0 X 169677 0 31878 Fred Blask VP Governance Risk & Compliance 40 0 X 142386 0 53403 Karen Christie VP Member Services 40 0 X 182978 0 0 Kent Tushaus Senior Software Engineer 40 0 X 127679 0 52512 Daniel McIntyre VP Investment Services 40 0 X 134737 0 38958 Jevon Cliffgard Lead Software Architect 40 0 X 135361 0 24476 Chris Geisler Director - Business Development 40 0 X 123885 0 29691 Chuck Doherty Executive Account Manager 40 0 X 130411 0 0 Peter Paulson Chair 1 0 X 0 0 0 Val Mindak Vice Chair 1 0 X 0 0 0 Sue Johnson Secretary 1 0 X 0 0 0 Steve Koenen Treasurer 1 0 X 0 0 0 Jay Magulski Director 1 0 X 0 0 0 Chris Allen Director 1 0 X 0 0 0 Eric Chrisinger Director 1 0 X 0 0 0 Angela Hanson Director 1 0 X 0 0 0 Daniel Ige Director 1 0 X 0 0 0 3523673 0 788788 28 0 1 0 0 0 0 0 0 0 0 0 0 Interest on Loans 522130 1907959 1907959 0 0 Correspondent Services Income 522130 6547550 6547550 0 0 0 0 0 0 8455509 228201422 228201422 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous Income 522130 7098351 7098351 0 0 Gain/Loss on Investments 522130 249786 249786 0 0 0 0 0 0 7348137 244005068 244005068 0 0 0 0 0 0 3249861 0 3891004 511955 1022763 496844 0 34700 125764 0 0 0 0 379933 250780 1262261 0 233760 103344 0 87289 10928251 0 631647 0 Miscellaneous Expenses 365598 Dividends 196988304 Service Fees 3555266 0 224119324 0 0 0 297414992 310375189 410765501 632628092 0 0 234056430 10523067 0 0 0 0 0 0 0 0 10768467 10974277 6757469 2525099 3888370 4232370 2106452159 2064457133 20087356 7898870 0 0 0 0 6747195 7749501 3090180470 3048838499 2193897 2781328 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3010413858 2919807306 3012607755 2922588634 X 0 0 0 0 77572715 126249865 77572715 126249865 3090180470 3048838499 X 19885744 32707296 0 0 0 -3915890 X 0 1 X 1 0 0 244017 244017 0 2865269 958718 1906551 0 0 0 0 0 305852 248233 57619 0 3342331 1318148 2024183 4232370 0 Interest and Dividends Payable 6429480 Member Share & Capital Balances 2403377826 Notes Payable 510000000 2919807306 X 244005068 0 0 0 0 0 244005068 0 0 0 244005068 224119324 0 0 0 0 0 224119324 0 0 0 224119324 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, 2023 and 2022. X 1 1 X X X X 0 0 0 Chris Felton President and CEO 385265 0 56889 0 21869 0 62810 0 0 0 526833 0 0 0 Gregg Tushaus SVP Chief Technology & Strategy Officer 244980 0 40208 0 8677 0 115466 0 0 0 409331 0 0 0 Nick Fanning SVP/Chief Financial Officer 258947 0 31221 0 6521 0 74538 0 0 0 371227 0 0 0 Kevin Chiappetta SVP/Investment Services 198793 0 18520 0 9482 0 107756 0 0 0 334551 0 0 0 Adam Stone Executive Vice President Investment Services 185661 0 53067 0 1915 0 54445 0 0 0 295088 0 0 0 Nancy Morgan SVP/Chief Operating Officer 240463 0 29574 0 11461 0 0 0 0 0 281498 0 0 0 Jesse Kohl SVP/Corporate Development 193746 0 17067 0 12213 0 39749 0 0 0 262775 0 0 0 Brian Nowak Information Technology Director 172761 0 15330 0 2059 0 44472 0 0 0 234622 0 0 0 John Hickey VP Investments 141468 0 13803 0 4601 0 58634 0 0 0 218506 0 0 0 Cherie Spargur VP Accounting 152079 0 13598 0 4000 0 31878 0 0 0 201555 0 0 0 Fred Blask VP Governance Risk & Compliance 126544 0 12073 0 3769 0 53403 0 0 0 195789 0 0 0 Karen Christie VP Member Services 163792 0 12572 0 6614 0 0 0 0 0 182978 0 0 0 Kent Tushaus Senior Software Engineer 114515 0 10667 0 2497 0 52512 0 0 0 180191 0 0 0 Daniel McIntyre VP Investment Services 120853 0 9336 0 4548 0 38958 0 0 0 173695 0 0 0 Jevon Cliffgard Lead Software Architect 122463 0 11026 0 1871 0 24476 0 0 0 159836 0 0 0 Chris Geisler Director - Business Development 96839 0 23457 0 3589 0 29691 0 0 0 153576 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 $709,090 Perpetual Contributed Capital Dividends paid to members $-4,624,980 total $-3915,890. InterLutions LLC 6262 S Lowell Place Muskego WI 53150 383972381 Referral Services for Credit Unions WI 430826 1159889 Corporate Central Credit Union QuantyPhi LLC 6262 S Lowell Place Muskego WI 53150 300986767 Investment Services for Credit Unions WI 470179 1445332 Corporate Central Credit Union Emergifi LLC 6262 S Lowell Place Muskego WI 53150 384029463 Information Technology for Credit Unions WI 5475 575744 Corporate Central Credit Union