2025-11-14T11:37:05-06:00 2024-12-31 BDO USA 301 Commerce Street Suite 2000 Fort Worth TX 76102 990 2024-01-01 750603700 Cornerstone Credit Union League % SHOAIB SALAMAT CORN 8004425762 6801 Parkwood BLVD Suite 300 Plano TX 75024 SHOAIB SALAMAT SVP,FINANCE & ADMIN 8004425762 2025-11-17 true true Jacob Cook P01240455 8177382400 2025-11-17 2024 2025-03-06 01:10:19Z CAROLINE WILLARD 6801 Parkwood BLVD 300 Plano TX 75024 11911756 false X WWW.CORNERSTONELEAGUE.COOP X 1934 TX TO PROTECT CREDIT UNIONS, AND PROMOTE THEIR GROWTH, STRENGTH AND UNITY. 18 18 30 18 0 9905 0 10234546 10393899 450304 951986 243928 188242 10938683 11534127 0 0 0 0 3642294 3782338 0 0 0 6632561 7041467 10274855 10823805 663828 710322 36075945 37645396 3811706 4503427 32264239 33141969 X TO PROTECT CREDIT UNIONS, AND PROMOTE THEIR GROWTH, STRENGTH AND UNITY. false false INFORMATION CENTRAL PROVIDES PHONE AND EMAIL SERVICE TO CREDIT UNIONS TO PROVIDE INFORMATION ON COMPLIANCE AND REGULATORY ASSISTANCE FOR MEMBER CREDIT UNIONS. REGULATORY & COMPLIANCE GENERATES ANNUAL VIDEOS FOR COMPLIANCE ISSUES SUCH AS BSA AND DIRECTOR DUTIES AND RESPONSIBILITIES. THE INFORMATION CENTRAL DIVISION ANSWERS OVER 3,000 PHONE CALLS AND PROVIDES REGULATORY AND LEGAL UPDATES TO THE LEAGUE INFOSIGHT ONLINE COMPLIANCE MANUAL AND DISTRIBUTES MONTHLY COMPLIANCE E-NEWSLETTERS TO MEMBER CREDIT UNIONS. ENGAGEMENT CONSULTANTS. THE FOCUS OF THIS GROUP IS TO ACT AS THE PRIMARY POINT OF CONTACT AND DAY-TO-DAY LINK BETWEEN CORNERSTONE AND ITS CREDIT UNIONS. THEY PROVIDE HIGH TOUCH AND HIGH TECH TO ENHANCE THE MEMBER EXPERIENCE AND MAXIMIZE THE VALUE OF LEAGUE MEMBERSHIP. COMPLIANCE AND REGULATORY. COMMUNICATES WITH REGULATORS, PROVIDES ANALYSIS OF NEW PROPOSALS, ASSISTS CREDIT UNIONS IN CRAFTING PERSUASIVE RESPONSES TO GOVERNING AGENCIES, AND PROVIDES INTERPRETATION AND FEEDBACK ON HOW BEST TO COMPLY WITH EXISTING REGULATIONS. false false true true false false false false false true true false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 31 0 true 30 true false false false false false false false false X 18 18 false false false false true true true true true false false true true true false true true false false false TX X SHOAIB SALAMAT 8004425762 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 Caroline Willard President/CEO 20.0 20.5 X 341053 341053 43528 James Phelps SVP/Advocacy 30.0 10.0 X 342724 0 33735 Suzanne Yashewski Regulatory and Compliance Coun 40.0 0.05 X 202887 0 29674 Michael Delker CU Relations SVP 40.0 0.5 X 196170 0 30500 Shoaib Salamat SVP Finance and Administration 20.0 20.5 X 0 182380 39404 Gilianne Thomas Executive Director, TXCUA 40.0 0.5 X 187555 0 22066 Courtney Moran EXECUTIVE DIRECTOR, CCUF 40.0 0.5 X 146428 0 37709 Michael Murray Executive Director, KSPAC 40.0 0.5 X 147647 0 26073 James Boyd Director/Past Chair 0.5 0.0 X X 0 0 0 Karyn Davis Director 0.5 0.5 X 0 0 0 Dale Hansard Secretary 0.5 0.5 X X 0 0 0 Kenny Harrington Director 0.5 0.0 X 0 0 0 Tammy Passafiume Chairman 0.5 0.0 X X 0 0 0 Larry Shropshire Director 0.5 0.0 X 0 0 0 James Tuggle Director 0.5 0.0 X 0 0 0 JoBetsy Tyler Treasurer 0.5 0.0 X X 0 0 0 David Willis Director 0.5 0.5 X 0 0 0 Gina Wilson Vice Chairman 0.5 0.5 X X 0 0 0 Brenda Kliewer Director 0.5 0.0 X 0 0 0 Luann Schmiedel Director 0.5 0.0 X 0 0 0 Bob Mayes At-Large 0.5 0.0 X X 0 0 0 Bob McKay Director 0.5 0.0 X 0 0 0 Jay Neathery Director 0.5 0.0 X 0 0 0 Rick Nichols Director 0.5 0.0 X 0 0 0 Pearl Contreras Director 0.5 0.0 X 0 0 0 Judy Hadsall Director 0.5 0.0 X 0 0 0 1564464 523433 262689 7 false true false 0 0 LEAGUE DUES 900099 9399106 9399106 ANNUAL MEETING 900099 775138 775138 COUNCIL INCOME 900099 189655 189655 TRAINING RESOURCES 900099 30000 30000 10393899 1015500 1015500 0 0 99373 99373 0 99373 99373 314115 377629 -63514 -63514 -63514 0 0 0 0 0 0 0 0 0 FEE INCOME 900099 50750 50750 OCUPAC ADMIN REVENUE 900099 20269 20269 KSPAC ADMIN REVENUE 900099 8600 8600 9250 9250 88869 11534127 10482768 1051359 0 0 0 0 739276 0 2241623 0 0 801439 0 151229 0 800841 0 0 0 225 0 0 0 441950 319344 0 185658 0 0 402084 64276 ALLOCATION EXPENSE 3751805 ANNUAL MEETING EXPENSES 487165 TELEPHONE 56186 TAXES, LICENSES & FEES 76749 303955 10823805 13528837 14346065 3460 5 0 0 68485 282762 0 0 0 0 0 0 0 0 287116 329388 2561078 1904559 1111204 656519 5834003 6355340 15026680 15054223 0 0 0 0 216160 621094 36075945 37645396 1370665 1634847 0 0 2127110 2194492 0 0 0 0 0 0 0 0 0 0 313931 674088 3811706 4503427 X 31577657 32466199 686582 675770 32264239 33141969 36075945 37645396 X 710322 178218 -10810 X false true X true false 0 0 0 0 0 false true false false Part I-A, Line 1: Make contributions to candidates who support credit union issues. 122550 122550 1630447 1190449 439998 146342 95644 50698 661739 618466 43273 656519 12403497 C CERTIFICATES OF DEPOSIT 839082 F CSS STOCK 101277 C CU HOUSE LLSC 567533 C STOCK 63402 C STATEPAC ASSETS 788668 C CAPITAL HOUSE 290764 C 15054223 0 DUE TO AFFILIATES 433997 LEASE LIABILITY 240091 674088 X Part X, Line 2 CCUL IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). INCOME TAX PROVISIONS ARE BASED ON AMOUNTS ESTIMATED TO BE PAYABLE PURSUANT TO FEDERAL INCOME AND APPLICABLE STATE INCOME AND FRANCHISE TAX RETURNS FILED BY THE COMPANY. DEFERRED TAXES ARE PROVIDED ON THE LIABILITY METHOD WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASIS. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. MANAGEMENT EVALUATED THE COMPANY'S TAX POSITIONS AND CONCLUDED THAT THE COMPANY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR INCOME TAXES. THE COMPANY IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021. false false false Caroline Willard President/CEO 339118 339118 1935 1935 15250 15250 6514 6514 362817 362817 Shoaib Salamat SVP Finance and Administration 182104 276 10198 29206 221784 James Phelps SVP/Advocacy 342724 13627 20108 376459 Suzanne Yashewski Regulatory and Compliance Coun 202887 19976 9698 232561 Gilianne Thomas Executive Director, TXCUA 187555 6711 15355 209621 Michael Delker CU Relations SVP 194191 1979 30500 226670 Courtney Moran EXECUTIVE DIRECTOR, CCUF 146428 8131 29578 184137 Michael Murray Executive Director, KSPAC 147647 7992 18081 173720 Related Organization Compensation Compensation for the President/CEO and SVP Finance and Administration is following related organization compensation. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: ASSET/LIABILITY MANAGEMENT SERVICES. PROVIDE ANALYSIS, INSTRUCTION, AND GUIDANCE TO PROMOTE THE FINANCIAL WELL-BEING OF CREDIT UNIONS. FORM 990, PART XI, LINE 9 Contributions with Donor Restrictions $ 10,500 Net assets released from restrictions <$ 21,312> Rounding $ 2 ------------------ Total Other changes in net assets <$ 10,810> or fund balances TX CCUL Political Action Committee 6801 Parkwood BLVD STE 300 Plano TX 75024 752202499 Support TX 527 CCUL true Cornersone Credit Union Foundation 6801 Parkwood BLVD STE 300 Plano TX 75024 756039968 Empowering TX 501(c)(3) Line 12B II N/A false Arkansas Credit Union Political Action 6801 Parkwood BLVD STE 300 Plano TX 75024 900103575 Support AR 527 CCUL true Oklahoma Credit Union Political Action 6801 Parkwood BLVD STE 300 Plano TX 75024 731281199 SUPPORT OK 527 N/A CCUL true Missouri Credit Union Political Action 6801 Parkwood BLVD STE 300 Plano TX 75024 431310069 SUPPORT MO 527 N/A CCUL true Kansas Credit Union Political Action 6801 Parkwood BLVD STE 300 Plano TX 75024 813082715 Support KS 527 N/A CCUL true Credit Union Resources Inc 6801 Parkwood BLVD STE 300 Plano TX 75024 751250866 Service Provi TX CCUL C Corp 14254483 25326044 1.00000 true false false false true true false false false false false false false false true true true true true true CORNERSONE CREDIT UNION FOUNDATION O,P,Q FMV CREDIT UNION RESOURCES INC L,N,O FMV CREDIT UNION RESOURCES INC R,S FMV CORNERSONE CREDIT UNION FOUNDATION D 103526 CASH CREDIT UNION RESOURCES INC D 277477 CASH CORNERSONE CREDIT UNION FOUNDATION E 147214 CASH CREDIT UNION RESOURCES INC E 433996 CASH