2025-05-07T08:58:14-00:00 2024-12-31 990 2024-01-01 840398950 MINNEQUA WORKS CREDIT UNION % DAVID PURFIELD MINN 1549 E ABRIENDO AVE PUEBLO CO 81004 DAVID PURFIELD CFO 2025-05-07 true ANTHONY K GIORDANO P01297916 7195643931 2025-05-07 X 2024 2025-03-06 01:10:19Z DAVID PURFIELD 1549 E ABRIENDO AVE PUEBLO CO 81004 11733660 false X MINNEQUAWORKS.COM X 1936 CO CREDIT UNION PROGRAMS THE CREDIT UNION IS OWNED BY APPROXIMATELY 13,218 MEMBERS. THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS, SUCH AS CONSUMER LENDING CONTINUED ON SCHEDULE O STATEMENT 1 9 9 42 9 19002 19002 0 5968843 6963526 3422304 4770134 0 9391147 11733660 15000 0 2629724 2992439 0 0 5410917 7143104 8040641 10150543 1350506 1583117 248270789 246429826 226546923 222494151 21723866 23935675 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS IN THE FORM OF COMPETITIVE LOAN RATES, SAVINGS RATES, MORTGAGE LENDING, CHECKING ACCOUNTS, AND DEBIT AND CREDIT CARDS. false false 3812941 PROVIDED TO THE MEMBERS A COMPETITIVE RATE ON FUNDS DEPOSITED AND LOWER COST LOANS TO MEMBERS FOR BORROWED FUNDS. 271748 PROVIDED TO THE CREDIT UNION MEMBERS CREDIT CARDS AND DEBIT CARDS FOR THEIR FINANCIAL SERVICE BENEFITS. 25617 PROVIDED TO THE CREDIT UNION MEMBERS SHARE DRAFT ACCOUNTS FOR THEIR FINANCIAL CONVENIENCE AND SERVICE. 25617 false false false false false false false false false true true false true true false true false false false false false false false false false false false false true false true false false false false false false false false false false false false true 0 0 true 42 true true true false false false false false false false X 9 9 false false false false true true false true true false true true false true true true false true true true false X DAVID PURFIELD 7195446928 1549 E ABRIENDO AVE PUEBLO CO 81004 X NATHAN CAPE CEO 050.00 X X 171516 0 0 DAVID PURFIELD CFO 050.00 X X 121882 0 0 GREG LEBER CIO 050.00 X X 117990 0 0 JOELLA KRASOVIC COO 050.00 X X 113742 0 0 GREG SMITH CHAIRMAN OF THE BOARD 001.00 X 2400 0 0 DAVE ANDERSON VICE CHAIRMAN 001.00 X 2400 0 0 GLORIA BOWSER SEC/TREAS 001.00 X 2400 0 0 CHARLIE DAVIS DIRECTOR 001.00 X 2400 0 0 JOHN SHRIVER DIRECTOR 001.00 X 2400 0 0 MARILYN RHODES DIRECTOR 001.00 X 2400 0 0 JAYNE RENKOSIK DIRECTOR 001.00 X 2400 0 0 ELLEN MAHONEY DIRECTOR 001.00 X 2400 0 0 JOEY FALBO DIRECTOR 001.00 X 2400 0 0 546730 4 false true false INTEREST MEMBER LOANS 522100 4974805 4974805 FEES MEMBER SERVICES 522100 2021609 2002607 19002 6963526 4770134 4770134 11733660 11714658 19002 15000 0 0 0 546730 0 1803993 193990 263994 183732 0 9779 231919 0 0 0 206078 725945 656060 0 314723 14200 0 73288 0 0 274034 67596 PLASTIC CARD EXPENSE 393155 DIVIDENDS INTEREST ON MBR ACCTS 3592905 OTHER PROFESSIONAL SERVICES 539014 25617 PROVISION FOR LOAN LOSS 44408 0 10150543 25617 1184979 1544113 9119303 7986725 846421 967479 1495988 1525386 84531832 92654818 310834 180405 2630243 2866885 58720788 50788002 76157000 73703000 13273401 14213013 248270789 246429826 1964437 1707249 224582486 220786902 226546923 222494151 X 21723866 23935675 21723866 23935675 248270789 246429826 X 1583117 469140 159552 X false true X true false false 1378328 1378328 4377266 3133821 1243445 1707744 1462632 245112 2866885 Financial derivatives and other financial products Closely-held equity interests CERTIFICATES OF DEPOSIT 73703000 C 73703000 FHLB INVESTMENT 265400 CUSO INVESTMENT 1050214 INTEREST RECEIVABLE 668742 NCUA DEPOSITS 2200327 CORP CAPITAL 767783 CUOLI/NET PENSION 8585158 NET PENSION CONSTRUCTION IN PROGRESS 67045 MISC RECEIVABLE 608344 14213013 Federal income taxes MEMBER SHARE ACCOUNTS 142991765 MEMBER SHARE CERTIFICATES 77795137 220786902 11733660 11733660 11733660 10150543 10150543 10150543 true TREATS BY CHANBERLINLLC 920923866 3000 ENTREPRENEUR ASSISTANCE THIRD GENERATION BAKINGLLC 994384409 3000 ENTREPRENEUR ASSISTANCE SWEETHEARTS KETTLE CORN 843197309 3000 ENTREPRENEUR ASSISTANCE BAKESMITH LLC 922328608 3000 ENTREPRENEUR ASSISTANCE WILLIAMS FAMILY FOOD SERVICE 994888802 3000 ENTREPRENEUR ASSISTANCE 5 true false false false false false false false false false true NATHAN CAPE CEO 163087 8429 171516 MICHELLE BARBER EX CEO SPOUSE RETENTION X 1400000 1525386 false true true 1525386 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION IS A CREDIT UNION THAT PROVIDES FINANCIAL SERVICES TO APPROXIMATELY 12,143 MEMBERS. Form 990, Part VI, Section A, Line 7A THE ORGANIZATION IS A CREDIT UNION WHERE THE MEMBERS EACH HAVE ONE VOTE IN ELECTING THE GOVERNING BODY BOARD OF DIRECTORS Form 990, Part VI, Section B, Line 11B THE FORM IS PREPARED BY THE CHIEF FINANCIAL OFFICER AND REVIEWED BY THE CHIEF EXECUTIVE OFFICER. Form 990, Part VI, Section B, Line 12C THE BOARD OF DIRECTORS, ALL OFFICERS, AND ALL STAFF HAVE TO REVIEW AND SIGN A STATEMENT ANNUALLY STATING THEY HAVE NO CONFLICTS OF INTEREST AND WILL DISCLOSE IF ONE OCCURS. Form 990, Part VI, Section B, Line 15 THE GOVERNING BODY HAS ESTABLISHED A WAGE AND SALARY COMMITTEE THAT ANNUALLY REVIEWS AND ANALYZES WAGES AND SALARIES. ALSO, THE CREDIT UNION USES A SALARY SURVEY COMPILES BY CUNA FOR REVIEW AND COMPARISON OF LIKE POSITONS. Form 990, Part VI, Section C, Line 19 THE CREDIT UNION PROVIDES FORM 990 UPON REQUEST AND PROVIDES A WEBSITE LINK UPON REQUEST WHERE FORM FORM 990 CAN BE REVIEWED. THE REQUEST MUST MADE IN WRITING AT ANY OF THE BRANCH LOCATIONS. Form 990, Part VII, Section B, Line 1A NONE Form 990, Part XI, Line 9 THIS AMOUNT IS NET CHARGE IN OTHER ACCRUED COMPENSATION INCOME AS A RESULT OF THE CHANGES IN THE PENSION.