2024-12-16T12:21:55-06:00 2024-01-31 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2024-01-01 952642719 NATIONAL ASSOCIATION OF FEDERALLY- INSURED CREDIT UNIONS NATI 7035224770 3138 10TH ST NORTH 300 ARLINGTON VA 22201 EDDIE RIVERA CFO, AMERICA'S CREDIT UNIONS 7035224770 2024-12-16 1 1 TROY MARINE CPA P00187863 4147775500 2024-12-16 2023 2024-10-15 13:58:12Z X JIM NUSSLE 3138 10TH ST NORTH 300 ARLINGTON VA 22201 0 0 X WWW.NAFCU.ORG X 1967 CA TO STRENGTHEN CREDIT UNIONS BY PROVIDING THE BEST FEDERAL ADVOCACY, EDUCATION AND COMPLIANCE ASSISTANCE IN THE INDUSTRY. X 11 11 0 0 0 0 884811 0 22970758 0 664947 0 322696 0 24843212 0 206273 0 0 0 14556438 0 0 0 0 8666926 0 23429637 0 1413575 0 32647025 0 16562210 0 16084815 0 TO STRENGTHEN CREDIT UNIONS BY PROVIDING THE BEST FEDERAL ADVOCACY, EDUCATION AND COMPLIANCE ASSISTANCE IN THE INDUSTRY. 0 0 N/A - FINAL YEAR WITH NO PROGRAM ACTIVITY 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 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X AMERICA'S CREDIT UNIONS 6082314371 4703 MADISON YARDS WAY 300 MADISON WI 53705 X GARY A GRINNELL CHAIR 10.00 1.00 X X 0 0 0 BRIAN T SCHOOLS VICE CHAIR 10.00 1.00 X X 0 0 0 KAREN C HARBIN TREASURER 5.00 1.00 X X 0 0 0 LONNIE NICHOLSON SECRETARY 5.00 1.00 X X 0 0 0 MELANIE KENNEDY DIRECTOR 1.00 0.00 X 0 0 0 FRANK MANCINI DIRECTOR 1.00 0.00 X 0 0 0 KAREN ROSALES DIRECTOR 1.00 0.00 X 0 0 0 STEPHANIE SHERRODD DIRECTOR 1.00 0.00 X 0 0 0 KEITH SULTEMEIER DIRECTOR 1.00 0.00 X 0 0 0 ELI VAZQUEZ DIRECTOR 1.00 0.00 X 0 0 0 WHITNEY ANDERSON DIRECTOR 1.00 0.00 X 0 0 0 B DANIEL BERGER PRESIDENT/CEO 40.00 0.00 X 0 0 0 ANTHONY DEMANGONE EVP/COO 40.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5239292 0 12407135 0 0 196249 0 2527230 0 0 0 0 271016 0 0 2565823 0 8803943 0 0 0 0 636337 0 32647025 0 5835366 10076158 650686 0 16562210 0 X 12686944 0 3397871 0 16084815 0 32647025 0 X 0 -16084815 X 0 0 0 CASH $17,646,427ACCT. REC. $196,249LOAN REC. $2,527,230 2024-01-01 20369906 BOOK VALUE (AUDITED AS OF 12/31/23) 237065623 CREDIT UNION NATIONAL ASSOCIATION INC 99 M STREET SE 300 WASHINGTON DC 20003 501(C)(6) PREPAID EXPENSES $271,016PROPERTY & EQUIPMENT $2,565,823 2024-01-01 2836839 BOOK VALUE (AUDITED AS OF 12/31/23) 237065623 CREDIT UNION NATIONAL ASSOCIATION INC 99 M STREET SE 300 WASHINGTON DC 20003 501(C)(6) INVESTMENTS $8,803,943OTHER ASSETS $636,337 2024-01-01 9440280 BOOK VALUE (AUDITED AS OF 12/31/23) 237065623 CREDIT UNION NATIONAL ASSOCIATION INC 99 M STREET SE 300 WASHINGTON DC 20003 501(C)(6) ACCOUNTS PAYABLE $5,835,366DEFERRED REVENUE $10,076,158 2024-01-01 -15911524 BOOK VALUE (AUDITED AS OF 12/31/23) 237065623 CREDIT UNION NATIONAL ASSOCIATION INC 99 M STREET SE 300 WASHINGTON DC 20003 501(C)(6) DEFERRED COMPENSATION $552,108LEASE LIABILITIES $84,229TENANT DEPOSITIONS $14,349 2024-01-01 -650686 BOOK VALUE (AUDITED AS OF 12/31/23) 237065623 CREDIT UNION NATIONAL ASSOCIATION INC 99 M STREET SE 300 WASHINGTON DC 20003 501(C)(6) 0 0 0 0 1 1 1 1 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THIS CORPORATION SHALL BE OPEN TO ANY FEDERALLY-INSURED NATURAL PERSON OR CORPORATE CREDIT UNION. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE NAFCU SECRETARY SHALL PREPARE AN OFFICAL BALLOT CONTAINING THE NAMES OF THE NOMINEES AND THE NAME AND ADDRESS OF THE CREDIT UNION WITH WHICH EACH IS ASSOCIATED AND, NOT LESS THAN 70 DAYS PRIOR TO THE ANNUAL BUSINESS MEETING, MAIL OR OTHERWISE CAUSE IT TO BE DELIVERED OR MADE AVAILABLE TO THE MEMBERS. ONCE THE NOMINEE'S NAME HAS BEEN CONSIDERED FOR PLACEMENT ON THE BALLOT, AND ENTIRE MEMBERSHIP LISTING IS SENT TO THAT NOMINEE. EACH MEMBER CREDIT UNION, ACTING THROUGH ITS CHIEF ELECTED OFFICIAL, BOARD SECRETARY, OR CHIEF EXECUTIVE OFFICER/PRESIDENT/MANAGER EXECUTES THE BALLOT. OFFICIAL BALLOTS MUST BE SIGNED BY THAT OFFICIAL. THE CANDIDATES RECEIVING THE HIGHEST NUMBER OF VOTES SHALL BE DULY ELECTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP ELECTS THE DIRECTORS AND VOTES ON ANY AMENDMENTS TO THE ARTICLES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS. THIS FINAL RETURN WAS THEN REVIEWED AND APPROVED BY MANAGEMENT OF THE SUCCESSOR ORGANIZATION BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE MONITORED ANNUALLY. THE PRESIDENT/CEO OF NAFCU HAS THE THE ULTIMATE AUTHORITY TO DETERMINE WHAT REMEDIAL STEPS SHOULD BE TAKEN IN SITUTATIONS INVOLVING ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. IN SITUATIONS INVOLVING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO THE PRESIDENT/CEO, THE CHAIR OF NAFCU'S BOARD HAS THE ULTIMATE AUTHORITY TO DETERMINE WHETHER A CONFLICT EXISTS, AND IF SO, WHAT STEPS SHOULD BE TAKEN TO RESOLVE OR ELIMINATE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CEO HAS A WRITTEN CONTRACT. THE NAFCU EXECUTIVE COMMITTEE SERVES AS THE "CEO COMPENSATION COMMITTEE". IN DETERMINING THE CEO'S COMPENSATION, THE CEO COMPENSATION COMMITTEE RELIES ON A COMPENSATION SURVEY AND AN INDEPENDENT COMPENSATION CONSULTANT IN ACCORDANCE WITH WRITTEN POLICY ESTABLISHED AND APPROVED BY THE BOARD OF DIRECTORS. THE RECOMMENDATIONS OF THE CEO COMPENSATION COMMITTEE ARE REVIEWED AND APPROVED BY THE ENTIRE BOARD AT THE FIRST REGULAR BOARD MEETING EACH YEAR. LINE 15 B - COMPENSATION FOR KEY EMPLOYEES: COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO IN ACCORDANCE WITH THE ANNUAL BUDGET REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. KEY EMPLOYEE COMPENSATION IS ESTABLISHED USING COMPARABILITY DATA AND AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE BYLAWS AND THE ANNUAL REPORT ARE AVAILABLE TO THE GENERAL PUBLIC VIA THE NAFCU WEBSITE. THE TAX RETURNS AND THE RELATED FORM 1024 APPLICATION ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTION/MERGER WITH CREDIT UNION NATIONAL ASSOCIATION, INC (SEE SCH N) -16,084,815. NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS FOUNDATION 3138 TENTH ST NORTH ARLINGTON VA 22201 541755947 TO PROMOTE THE CHARITABLE, LITERARY, EDUCATIONAL, AND HUMANITARIAN CAUSES VA 501(C)(3) LINE 12A, I 0 NAFCU POLITICAL ACTION COMMITTEE 3138 TENTH ST NORTH ARLINGTON VA 22201 541421503 POLITICAL ACTIVITIES VA 527 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0