2025-05-12T10:47:14-07:00 2024-12-31 990 2024-01-01 391370057 Corporate Central Credit Union CORP 4144255555 6262 S Lowell Place Muskego WI 53150 Nicholas Fanning SVP/Chief Financial Officer 4144255555 2025-04-04 1 2024 2025-03-06 01:10:19Z Nicholas A Fanning CFA Corporate Central Credit Union 6262 S Lowell Place Muskego WI 53150 270133464 0 X corpcu.com X 1981 WI To meet the changing financial needs of our members by promoting outstanding service and value; by treating others in a manner that develops and maintains trust by following through and pursuing excellence and by growing. 9 9 73 9 0 0 0 0 8455509 7825151 228201422 259069804 7348137 3238509 244005068 270133464 0 0 0 0 9172427 11007712 0 0 0 214946897 249495057 224119324 260502769 19885744 9630695 3048838499 3306694762 2922588634 3154447901 126249865 152246861 To meet the changing financial needs of our members by promoting outstanding service and value; by treating others in a manner that develops and maintains trust, by following through and pursuing excellence, and by growing. 0 0 0 0 0 A cooperative nonprofit corporation, incorporated under Wisconsin State Law to encourage thrift among its members, create a source of credit at a fair and reasonable cost and provide an opportunity for its members to improve their economic and social conditions. Corporate Central Credit Union is providing correspondent services and investments to member credit unions. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 15 0 73 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Cherie Spargur 4144255555 6262 S Lowell Place Muskego WI 53150 Chris Felton President and CEO 40 0 X 509357 0 64495 Gregg Tushaus SVP Chief Technology & Strategy Officer 40 0 X 298858 0 114451 Nick Fanning SVP/Chief Financial Officer 40 0 X 313827 0 70777 Kevin Chiappetta SVP/Chief Education and Research Officer 40 0 X 260055 0 109503 Adam Stone EVP Investment Services 40 0 X 269556 0 55182 Nancy Morgan SVP/Chief Operating Officer 40 0 X 297954 0 0 Jesse Kohl SVP/Corporate Development 40 0 X 251998 0 36593 Daniel McIntyre VP Investment Services 40 0 X 253625 0 34443 Heather Ristow SVP/Chief Experience Office 40 0 X 254170 0 16335 John Hickey VP Investments 40 0 X 170107 0 53509 Cherie Spargur VP Accounting 40 0 X 179557 0 32177 Fred Blask VP Governance Risk & Compliance 40 0 X 147300 0 50676 Jevon Cliffgard Lead Software Architect 40 0 X 170459 0 25040 Chuck Doherty Executive Account Manager 40 0 X 136677 0 35227 Chris Geisler Director - Business Development 40 0 X 136923 0 25010 Bryan Luitze Senior Software Engineer 40 0 X 135198 0 21194 Kenneth Pardon Senior Software Engineer 40 0 X 151718 0 0 Val Mindak Chair 1 0 X 0 0 0 Sue Johnson Vice Chair 1 0 X 0 0 0 Chris Allen Treasurer 1 0 X 0 0 0 Steve Koenen Secretary 1 0 X 0 0 0 Jay Magulski Director 1 0 X 0 0 0 Angela Hanson Director 1 0 X 0 0 0 Charlie Zanayed Director 1 0 X 0 0 0 Laurie Butz Director 1 0 X 0 0 0 Daniel Ige Director 1 0 X 0 0 0 3937339 0 744612 32 0 1 0 0 0 0 0 0 0 0 0 0 Interest on Loans 522130 1034658 1034658 0 0 Correspondent Services Income 522130 6790493 6790493 0 0 0 0 0 0 7825151 259069804 259069804 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous Income 522130 779020 779020 0 0 Gain/Loss on Investments 522130 2459489 2459489 0 0 0 0 0 0 3238509 270133464 270133464 0 0 0 0 0 0 4481313 0 4270070 513472 1135262 607595 0 22781 153237 0 0 0 0 423101 245216 1546058 0 185336 93594 0 63613 14447393 0 823722 0 Miscellaneous Expenses 377704 Dividends 227398286 Service Fees 3715016 0 260502769 0 0 0 310375189 367591241 632628092 655292772 0 0 10523067 8502551 0 0 0 0 0 0 0 0 10974277 14844505 8057029 3348822 4232370 4708207 2064457133 2232258221 7898870 15936520 0 0 0 0 7749501 7560745 3048838499 3306694762 2781328 3825381 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2919807306 3150622520 2922588634 3154447901 X 0 0 0 0 126249865 152246861 126249865 152246861 3048838499 3306694762 X 9630695 19530324 0 0 0 -3164023 X 0 1 X 1 0 0 244017 244017 0 3025804 992156 2033648 0 0 0 0 0 305853 261349 44504 0 4481355 2095317 2386038 4708207 Interest and Dividends Payable 3197525 Member Share & Capital Balances 2817424995 Notes Payable 330000000 3150622520 X 270133464 0 0 0 0 0 270133464 0 0 0 270133464 260502769 0 0 0 0 0 260502769 0 0 0 260502769 Schedule D, Part X, Line 2 Corporate Central adopted the income tax accounting standard for uncertain tax positions. As a result, Corporate Central evaluated its tax positions and determined no uncertain tax positions exist as of December 31, 2024 and 2023. X 1 1 X X X X 0 0 0 Chris Felton President and CEO 419175 0 72021 0 18161 0 64495 0 0 0 573852 0 0 Nick Fanning SVP/Chief Financial Officer 273295 0 33630 0 6902 0 70777 0 0 0 384604 0 0 0 Gregg Tushaus SVP Chief Technology & Strategy Officer 262678 0 31769 0 4411 0 114451 0 0 0 413309 0 0 0 Nancy Morgan SVP/Chief Operating Officer 255962 0 30680 0 11312 0 0 0 0 0 297954 0 0 0 Adam Stone EVP Investment Services 206945 0 62043 0 568 0 55182 0 0 0 324738 0 0 0 Kevin Chiappetta SVP/Chief Education and Research Officer 221624 0 28583 0 9848 0 109503 0 0 0 369558 0 0 0 Heather Ristow SVP/Chief Experience Office 243015 0 8894 0 2261 0 16335 0 0 0 270505 0 0 0 Daniel McIntyre VP Investment Services 117622 0 132802 0 3202 0 34443 0 0 0 288069 0 0 0 Jesse Kohl SVP/Corporate Development 214448 0 26770 0 10780 0 36593 0 0 0 288591 0 0 0 Cherie Spargur VP Accounting 162719 0 13180 0 3659 0 32177 0 0 0 211735 0 0 0 Jevon Cliffgard Lead Software Architect 135866 0 34020 0 573 0 25040 0 0 0 195499 0 0 0 John Hickey VP Investments 151357 0 15249 0 3501 0 53509 0 0 0 223616 0 0 0 Kenneth Pardon Senior Software Engineer 139607 0 11351 0 760 0 0 0 0 0 151718 0 0 0 Fred Blask VP Governance Risk & Compliance 133140 0 11532 0 2628 0 50676 0 0 0 197976 0 0 0 Chris Geisler Director - Business Development 109470 0 24000 0 3453 0 25010 0 0 0 161933 0 0 0 Chuck Doherty Executive Account Manager 118407 0 16563 0 1707 0 35227 0 0 0 171904 0 0 0 Bryan Luitze Senior Software Engineer 117971 0 16521 0 707 0 21194 0 0 0 156393 0 0 0 Schedule J, Part I, Line 1a When Board or management have business travel spouses periodically travel as a companion. Schedule J, Part I, Line 3 Independent consultant, compensation surveys, other form 990s are all sources of reference when determining CEO compensation. Approval by Board is required for CEO Compensation. Form 990, Part V, Line 3b Corporate Central only has income related to the exempt purpose. There is no unrelated business income. Form 990, Part VI, Section A, Line 6 Corporate Central has members. Form 990, Part VI, Section A, Line 7a All of our governing body are appointed by member credit unions. Form 990, Part VI, Section A, Line 7b The governing body appoints Senior Management to take on the daily management of operations of the organization. Form 990, Part VI, Section B, Line 11b A copy of the completed 990 and schedules are provided to the Board for review. Form 990, Part VI, Section B, Line 12c The annual disclosure and signature requirement by officers, directors, and employees is the regular monitoring process. Form 990, Part VI, Section B, Line 15 Industry specific compensation surveys are obtained and reviewed when salaries are determined. Board approval is required for CEO compensation. Form 990, Part VI, Section C, Line 19 Financial statements are available on public website. Form 990, Part XI, Line 9 Change in balance in unrecognized gain/loss in pension plan/retirement benefits 2,287,576 Perpetual Contributed Capital Dividends paid to members (5,451,599) Total Line 9 Other changes in net assets or fund balances (3,164,023) InterLutions LLC 6262 S Lowell Place Muskego WI 53150 383972381 Referral Services for Credit Unions WI 526970 1468295 Corporate Central Credit Union QuantyPhi LLC 6262 S Lowell Place Muskego WI 53150 300986767 Investment Services for Credit Unions WI 448656 1773824 Corporate Central Credit Union Emergifi LLC 6262 S Lowell Place Muskego WI 53150 384029463 Information Technology for Credit Unions WI 5545 611788 Corporate Central Credit Union