2024-06-24T12:38:43-04:00 2023-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2023-01-01 391041954 HOLY FAMILY MEMORIAL CREDIT UNION HOLY 9203202209 PO BOX 37 MANITOWOC WI 54221 JOEL STROZEWSKI PRES/CEO 9203202209 2024-06-21 true JOEL STROZEWSKI 999009999 true BRENT WOOKEY CPA P00062439 6087920843 2024-06-24 X 2023 2023-04-26 12:10:37Z JOEL STROZEWSKI PO BOX 37 MANITOWOC WI 54221 624470 false X WWW.HFMCU.ORG X 1961 WI WE ARE A CLOSED CHARTER MEMBER-OWNED AND DIRECTED CREDIT UNION. OUR MISSION IS TO MEET OUR MEMBERSHIP'S FINANCIAL NEEDS THROUGH QUALITY SERVICE AT THE BEST VALUE WHILE MAINTAINING FINANCIAL STABILITY. WE LOOK TO BE HERE FOR OUR MEMBERS NOW AND FOR MANY YEARS TO COME. 7 7 6 9 900 15000 352281 423831 117788 183212 2977 2427 473046 624470 0 0 253266 280926 0 0 158926 232873 412192 513799 60854 110671 17977082 16839668 16157450 14945999 1819632 1893669 X WE ARE A CLOSED CHARTER MEMBER-OWNED AND DIRECTED CREDIT UNION. OUR MISSION IS TO MEET OUR MEMBERSHIP'S FINANCIAL NEEDS THROUGH QUALITY SERVICE AT THE BEST VALUE WHILE MAINTAINING FINANCIAL STABILITY. WE LOOK TO BE HERE FOR OUR MEMBERS NOW AND FOR MANY YEARS TO COME. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 44 NEW DEPOSIT ACCOUNTS IN 2023. AS OF 12/31/23 WE HAD 1,496 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 100 NEW LOANS DURING 2023. AS OF 12/31/23 WE HAD 660 LOANS RECEIVABLE. false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 564 0 true 6 true false false false false false false false false X 7 7 false false false false true true true true true false false false true true true true true true false false X JOEL STROZEWSKI 9203202209 PO BOX 37 MANITOWOC WI 54221 JOEL STROZEWSKI PRES/CEO 40.00 X 79000 0 5148 KAY STECKER CHAIR 1.00 X X 0 0 0 JOHN KONICEK VICE CHAIR 1.00 X X 0 0 0 KAREN KREPLINE TREASURER 1.00 X X 0 0 0 REBECCA SCHLEIS SECRETARY 1.00 X X 0 0 0 DIANE FREIBERG DIRECTOR 1.00 X 0 0 0 EILEEN MANEY DIRECTOR 1.00 X 0 0 0 SANDY BROOKS DIRECTOR 1.00 X 0 0 0 PATRICK BRANDEL DIRECTOR 1.00 X 0 0 0 79000 5148 false false false 15000 15000 INTEREST ON LOANS 522130 372203 372203 MEMBER FEE INCOME 522130 37911 37911 OTHER MEMBER RELATED INCOME 522130 12817 12817 VEHICLE WARRANTY INSURANCE 520000 900 900 423831 183212 183212 2427 2427 624470 422931 900 185639 79000 149185 11651 26234 14856 150 4185 4400 1403 55355 57959 381 3900 641 12022 14638 DIVIDENDS EXPENSE 35424 CREDIT LOSS EXPENSE 21820 GRANT EXPENDITURES 15000 LOAN SERVICING 5595 513799 0 0 0 205752 197650 3360987 2571839 19399 17490 173852 9991563 11355286 86551 64245 328108 202838 132480 125270 3818052 2332052 188446 175836 17977082 16839668 58270 94137 72868 16099180 14778994 16157450 14945999 X 1819632 1893669 1819632 1893669 17977082 16839668 X 110671 -36634 X false false 198641 85428 113213 129467 117410 12057 125270 INVESTMENTS WITH MATURITY > 1 YEAR 2239000 C CAPITAL ACCOUNTS CORPORATE CU 52264 C WISCUB INVESTMENT 40788 C 2332052 MEMBER SHARES & DEPOSITS 14778994 14778994 FORM 990 - ORGANIZATION'S MISSION WE ARE A CLOSED CHARTER MEMBER-OWNED AND DIRECTED CREDIT UNION. OUR MISSION IS TO MEET OUR MEMBERSHIP'S FINANCIAL NEEDS THROUGH QUALITY SERVICE AT THE BEST VALUE WHILE MAINTAINING FINANCIAL STABILITY. WE LOOK TO BE HERE FOR OUR MEMBERS NOW AND FOR MANY YEARS TO COME. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE DIRECTORS AT THEIR NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, EMPLOYEES AND COMMITTEE MEMBERS SIGN A DOCUMENT EACH YEAR TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO. A SALARY SURVERY IS USED AS A REFERENCE IN THE PROCESS. APPROVAL IS NOTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 INITIAL CECL ADJUSTMENT -36,634