2025-11-14T16:42:41+00:00 2024-12-31 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2024-01-01 440599527 Assemblies of God Credit Union ASSE 4178824300 1535 N Campbell Springfield MO 65803 MICHAEL SISK CFO 4174479332 2025-11-14 true true Kayla Bell P01682975 4178658701 2025-11-14 2024 2025-03-06 01:10:19Z MICHAEL SISK 1535 N Campbell Springfield MO 65803 25077747 false X WWW.AGCU.ORG X 1951 MO TO PROVIDE QUALITY, EFFICIENT AND PROFESSIONAL SERVICES TO MEET OUR MEMBERS' FINANCIAL NEEDS. 7 7 76 12 0 0 0 21504655 22401968 1180816 2664358 0 0 22685471 25066326 370000 325404 0 0 5638284 5832273 0 0 0 13432089 16779311 19440373 22936988 3245098 2129338 430094580 441634272 399781139 409159901 30313441 32474371 TO PROVIDE QUALITY, EFFICIENT AND PROFESSIONAL SERVICES TO MEET OUR MEMBERS' FINANCIAL NEEDS. false false VOLUNTARY, COOPERATIVE, NONPROFIT SAVINGS INSTITUTION WHICH ENCOURAGES THRIFT AMONG APPROXIMATELY 20,000 MEMBERS BY PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION. 0 false false false false false false false false false false true false false 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 false false true false false false false false true 12316 0 true 76 true false false false false false false false false X 7 7 false false false false true true true true true false true true true true true true false false true false false false X MICHAEL SISK 4178314398 1535 N CAMPBELL AVE SPRINGFIELD MO 65803 ANGELA MYERS VICE CHAIRMAN 1.0 X X 0 0 0 BILL PERKIN BOARD TREASURER 1.0 X X 0 0 0 JACOB MCLAUCHIN BOARD SECRETARY 1.0 X X 0 0 0 RICK WAGGONER BOARD CHAIRMAN 1.0 X X 0 0 0 LANCE CLOUSE BOARD MEMBER 1.0 X 0 0 0 MICHAEL COOPER BOARD MEMBER 1.0 X 0 0 0 ROBERT MILLER BOARD MEMBER 1.0 X 0 0 0 BRUCE WEBB PRESIDENT 40.0 X 324884 0 36356 JACQUELYN LAWHON DIRECTOR OF FINANCE & OPERATIONS END 11/24 40.0 X 132087 0 21162 JEFF BIRDSELL VP SENIOR COMMERCIAL LENDER 40.0 X 158170 0 35921 PETER SHINER SVP / CHIEF RISK OFFICER 40.0 X 194166 0 12734 TERRY BARKSDALE VP COMMERCIAL LENDER 40.0 X 113947 0 16202 FARRAH HILL MORTGAGE LOAN ASSOCIATE 40.0 X 108362 0 22737 JASON LISTER DIRECTOR OF MORTGAGE LENDING 40.0 X 347381 0 49394 MATTHEW MYERS LOAN OFFICER 40.0 X 134949 0 22373 MITCHELL SWANSON DIRECTOR OF UNDERWRITING & QUALITY CONTROL 40.0 X 338457 0 30130 TYLER STARK LOAN OFFICER 40.0 X 120905 0 1959 1973308 0 248968 10 false true true 0 0 LOAN INTEREST INCOME 522100 18221086 18221086 MORTGAGE BANKING REVENUES 522100 1384524 1384524 CARD INTERCHANGE FEES 522100 1131201 1131201 SERVICES CHARGES ON MEMBER ACCOUNT 522100 1263022 1263022 INSURANCE INCOME & COMMISSIONS 522100 322490 322490 79645 79645 0 0 22401968 2675779 2675779 0 0 0 11421 0 -11421 -11421 -11421 0 0 0 0 0 25066326 22401968 0 2664358 325404 0 1045629 3378372 1032194 376078 101312 72500 271684 357834 549971 515688 542662 10891 79156 3286755 414485 MEMBER DIVIDENDS 8081954 DEBIT CARD EXPENSES 776981 LOAN FEES & COLLECTION 696480 PROVISION FOR LOAN LOSS 346288 674670 22936988 699289 729656 22505994 52667205 0 0 0 0 360873072 342917932 1059548 2170969 14048155 8259816 6163299 5788339 26517839 23838126 0 8694250 6776308 3581289 6745737 430094580 441634272 272993 223152 350000 285833 0 0 90500000 60500000 308658146 348150916 399781139 409159901 X 30313441 32474371 30313441 32474371 430094580 441634272 2129338 31592 0 X false false false 1321398 1321398 5420623 2934628 2485995 2312612 717262 1595350 4993522 4607926 385596 5788339 Federal Income Taxes MEMBER SHARES 348150916 348150916 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false CONVOY OF HOPE 330 S PATTERSON AVE SPRINGFIELD MO 65802 680051386 501(C)(3) 45000 GENERAL FUND & DISASTER RELIEF EVANGEL UNIVERSITY 1111 N GLENSTONE SPRINGFIELD MO 65804 440589787 501(C)(3) 25000 SCHOLARSHIPS & GOLF TOURNAMENT GLOBAL UNIVERSITY 1211 S GLENSTONE SPRINGFIELD MO 65804 431877693 501(C)(3) 18000 SCHOLARSHIPS SOUTHWESTERN ASSEMBLIES OF GOD UNIVERSITY 1200 SYCAMORE WAXAHACHIE TX 75165 750891463 501(C)(3) 18000 SCHOLARSHIPS OZARKS TEEN CHALLENGE PO BOX 2066 BRANSON WEST MO 65737 431353323 501(C)(3) 15000 5K SPONSOR/BANQUET & SILENT AUCTION I POUR LIFE PO BOX 5181 SPRINGFIELD MO 65801 273482070 501(C)(3) 13000 SOIREE SPONSOR & GOLF TOURNAMENT SPONSOR 6 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE ORGANIZATION IS COMMITTED TO DONATING A CERTAIN AMOUNT OF REVENUES DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS. SCHOLARSHIP GRANTS ARE PAID DIRECTLY TO THE SCHOOLS. THE CREDIT UNION OFTEN RECEIVES DOCUMENTATION REFLECTING HOW THE GRANTS WERE USED WITH THE ACKNOLEDGEMENTS FROM THE RECIPIENTS. X X X false false false BRUCE WEBB PRESIDENT 240554 0 83538 0 792 0 15461 0 20895 0 361240 0 0 0 PETER SHINER SVP / CHIEF RISK OFFICER 152545 0 41513 0 108 0 0 0 12734 0 206900 0 0 0 JEFF BIRDSELL VP SENIOR COMMERCIAL LENDER 129540 0 28354 0 276 0 9519 0 26402 0 194091 0 0 0 JACQUELYN LAWHON DIRECTOR OF FINANCE & OPERATIONS END 11/24 130471 0 1500 0 116 0 7335 0 13827 0 153249 0 0 0 JASON LISTER DIRECTOR OF MORTGAGE LENDING 295626 0 51672 0 83 0 20700 0 28694 0 396775 0 0 0 MITCHELL SWANSON DIRECTOR OF UNDERWRITING & QUALITY CONTROL 285422 0 52927 0 108 0 3300 0 26830 0 368587 0 0 0 MATTHEW MYERS LOAN OFFICER 124597 0 10275 0 77 0 7120 0 15253 0 157322 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders THE ENTITY IS A MISSOURI STATE CHARTERED CREDIT UNION WHOSE MEMBERS HAVE AUTHORITY TO ELECT THE GOVERNING BODY AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBERS OF THE CREDIT UNION ELECT ALL BOARD MEMBERS TO SERVE THREE YEAR TERMS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders MEMBERS MUST, BY MAJORITY VOTE, ELECT TO CHANGE THE BY-LAWS AND APPROVE MERGERS WITH OTHER CREDIT UNIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE BOARD AND AN EXECUTIVE BEFORE FILING THE TAX RETURN. Form 990, Part VI, Line 12c Conflict of interest policy TRANSACTIONS INVOLVING CONFLICTS OF INTEREST BETWEEN THE CREDIT UNION AND AN OFFICER, DIRECTOR, COMMITTEE MEMBER OR STAFF ARE REVIEWED FOR FAIRNESS TO THE CREDIT UNION AND APPROVED BY THE BOARD OF DIRECTORS. ANY PERSON INVOLVED IN THE CONFLICT MUST ABSTAIN FROM DISCUSSION AND VOTING ON THE TRANSACTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTOSR DETERMINES THE CEO'S COMPENSATION BASED ON A REVIEW OF EXTERNAL SALARY REPORTS AND THE PERFORMANCE OF THE ORGANIZATION. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS QUARTERLY CALL REPORTS OF FINANCIAL INFORMATION, WHICH ARE AVAILABLE TO THE PUBLIC. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 79645, Related or Exempt Function Revenue: 79645, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XII, Line 2b THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AS OF SEPTEMBER 30 OF EACH YEAR. THE ORGANIZATION'S SUPERVISORY COMMITTEE IS REPONSIBLE FOR OVERSIGHT OF THE ANNUAL AUDITS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. INTRUSTUS 1535 N CAMPBELL AVENUE SPRINGFIELD MO 65803 464855049 INSURANCE MO 305644 66875 ASSEMBLIES OF GOD CREDIT UNION