2025-04-15T12:19:05-05:00 2024-11-30 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2024-01-01 390652280 ENTERPRISE CREDIT UNION ENTE 2627976260 15850 WEST BLUEMOUND RD BROOKFIELD WI 53005 SCOTT MCDONALD CFO/EVP 2627976260 2025-04-15 1 1 KATHLEEN M MOSELEY P00116760 5138713033 2025-04-15 2024 2025-03-06 01:10:19Z X JEFF BASHAW 15850 WEST BLUEMOUND RD BROOKFIELD WI 53005 1526778 0 X WWW.ENTERPRISECU.COM X 1935 WI A COOPERATIVE, NOT-FOR-PROFIT CORPORATION, INCORPORATED TO ENCOURAGE THRIFT AMONG ITS MEMBERS, CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE COST, AND PROVIDE AN OPPORTUNITY FOR ITS MEMBERSHIP TO IMPROVE THEIR ECONOMIC ANDSOCIAL CONDITIONS. X 5 4 12 6 4050 0 0 0 1163746 1184789 314956 341989 5248 0 1483950 1526778 0 0 0 0 566637 570414 0 0 0 659055 1874507 1225692 2444921 258258 -918143 33164361 0 31564804 0 1599557 0 SEE SCHEDULE O 0 0 THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 X 0 0 12 1 1 1 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 0 0 X LYNN VOHL 2627976260 15850 W BLUEMOUND RD BROOKFIELD WI 53005 BETTY STEINBERGER CHAIRPERSON 40.00 0.00 X X 0 0 0 GEORGE MOORE VICE CHAIR 40.00 0.00 X X 0 0 0 DAVID IRWIN SECRETARY 40.00 0.00 X X 0 0 0 BARBARA JALOSKY TREASURER 40.00 0.00 X X 0 0 0 CHARLIE KELLY DIRECTOR 40.00 0.00 X 0 0 0 JEFF BASHAW PRESIDENT/CEO 40.00 0.00 X 215969 0 10952 LYNN VOHL CFO 40.00 0.00 X 169987 0 0 385956 0 10952 2 0 1 0 0 INTEREST ON LOAN 522130 998345 998345 MEMBER FEE INCOME 522130 150585 150585 OTHER MEMBER RELATED R 522130 31809 31809 FEE & INSURANCE INCOME 522100 4050 4050 1184789 341989 341989 1526778 1180739 4050 341989 396908 97265 76241 3764 35270 260739 111388 27518 15468 OUTSIDE SERVICES 771581 MISCELLANEOUS 405505 DIVIDEND EXPENSE 105661 LOAN SERVICING 95924 41689 2444921 408790 0 2319596 0 0 24861 0 0 0 19167216 0 0 167351 0 0 0 67761 0 0 0 9738145 0 0 1270641 0 33164361 0 377515 0 6935 0 31180354 0 31564804 0 X 0 0 0 0 1599557 0 1599557 0 33164361 0 X -918143 -681414 X 0 0 0 0 1 X 0 PART IV, LINE 2B: THE CREDIT UNION HELD FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES RELATED TO MORTGAGE LOANS. THE ESCROW ACCOUNTS WERE TRANSFERRED OVER TO CREDIT UNION 1 DURING THE MERGER. 0 0 0 JEFF BASHAW PRESIDENT/CEO 170969 0 45000 0 0 0 10952 0 0 0 226921 0 0 0 LYNN VOHL CFO 162987 0 7000 0 0 0 0 0 0 0 169987 0 0 0 CASH 2024-12-01 400529 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) LOANS OUTSTANDING 2024-12-01 17770227 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) ACCOUNTS RECEIVABLE 2024-12-01 97680 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) INVESTMENTS 2024-12-01 12519646 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) FURNITURE, FIXTURES & EQUIPMENT, NET 2024-12-01 56691 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) PREPAID EXPENSES 2024-12-01 51736 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) ALL OTHER ASSETS 2024-12-01 1230810 VALUE AS OF DECEMBER 1, 2024 370767435 CREDIT UNION 1 200 E CHAMPAIGN AVE RANTOUL IL 618662930 501(C)(14) 0 0 0 0 1 1 1 1 0 SCHEDULE D, PART I THE MERGER WITH CREDIT UNION 1 WAS APPROVED BY THE STATE OF ILLINOIS - SEE ATTACHED. CREDIT UNION 1 ASSUMED THE LIABILITIES OF ENTERPRISE CREDIT UNION DURING THE MERGER WHICH INCLUDED LIABILITY: MEMBERS SHARE OF $31,174,808. FORM 990, PART V, LINE 1A: THE REQUIRED 2024 FORM 1099S FOR ENTERPRISE CREDIT UNION WERE ISSUED BY CREDIT UNION 1, SINCE THE MERGER WITH CREDIT UNION 1 OCCURED BEFORE THE END OF THE CALENDAR YEAR. THEREFORE PART V, LINE 1A HAS BEEN REPORTED AS ZERO. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, 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, PART VI, SECTION B, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT CPA WHO PREPARES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY AND THEN AUTHORIZES CPA TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS WITH DIRECTORS AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C INSIDER ACCOUNTS ARE REVEIWED BY SENIOR MANAGEMENT ON A PERIODIC BASIS. ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE THEIR OUTSIDE INTERESTS TO ENSURE THAT ANY CONFLICTS ARE MITIGATED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE CEO'S PERFORMANCE AND DETERMINES THE COMPENSATION. THE PERSONNEL COMMITTEE DOCUMENTS THE REVIEW AND COMPENSATION DECISION IN THEIR COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLAINATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS STATEMENTS ARE PROVIDED TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED TO CREDIT UNION 1 THRU MERGER -681,414.