2025-11-04T13:53:33-06:00 2024-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2024-01-01 420778245 COMMUNITY CHOICE CREDIT UNION COMM 5153348100 PO BOX 1405 JOHNSTON IA 50131 JOSH COOK PRESIDENT/CEO 5153348100 2025-10-31 1 1 ROBERT BELL CPA P02410354 5152701446 2024 2025-03-06 01:10:19Z JOSH COOK PO BOX 1405 JOHNSTON IA 50131 55703375 0 X WWW.COMCHOICECU.ORG X 1953 IA SIMPLY AND HAPPILY FULFILL THE FINANCIAL WANTS AND NEEDS OF OUR MEMBERS. TO ACHIEVE THIS, WE MUST STRIVE TO UNEXPECTEDLY DELIGHT THOSE WE SERVE; OUR EMPLOYEES, OUR COMMUNITIES, OUR MEMBERS. 9 9 225 0 49840 0 0 0 46676135 51743858 3595902 3916667 17910 0 50289947 55660525 0 0 0 0 15592485 18047787 0 0 0 27069597 31619844 42662082 49667631 7627865 5992894 805489909 809567079 714463686 712048002 91026223 97519077 SIMPLY AND HAPPILY FULFILL THE FINANCIAL WANTS AND NEEDS OF OUR MEMBERS. TO ACHIEVE THIS, WE MUST STRIVE TO UNEXPECTEDLY DELIGHT THOSE WE SERVE; OUR EMPLOYEES, OUR COMMUNITIES, OUR MEMBERS. 0 0 49667631 51651168 COMMUNITY CHOICE CREDIT UNION OFFERS LOW RATE LOANS AND OFFERS HIGHER RATE DEPOSITS TO ITS MEMBERS. THE ORGANIZATION IS A FULL SERVICE FINANCIAL PROVIDER OFFERING EVERYTHING FROM MORTGAGE LOANS ALL THE WAY TO SAFE DEPOSIT BOXES. MEMBERS AS OF 12/31/2024 - 51,085 49667631 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 1 1 0 0 1 16610 0 1 225 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 0 1 1 1 1 0 X JOSH COOK 5153348100 PO BOX 1405 JOHNSTON IA 50131 RANDY DICKEY BOARD CHAIR 0.50 1.00 X X 0 0 0 JOE YAMEN VICE CHAIR 0.50 X X 0 0 0 MIKEL KOSCHMEDER BOARD CFO 0.50 X X 0 0 0 THOMAS MCENTEE BOARD SECRETARY 0.50 1.00 X X 0 0 0 KEN ZINKULA AUDIT COMMITTEE CHAIR 0.50 X 0 0 0 DEB DEGRAFF BOARD MEMBER 0.50 1.00 X 0 0 0 BRIAN FARRELL BOARD MEMBER 0.50 X 0 0 0 BRENNA FINNERTY BOARD MEMBER 0.50 X 0 0 0 SARA KUROVSKI BOARD MEMBER 0.50 X 0 0 0 JOSHUA COOK CEO 40.00 1.00 X 903607 0 63980 BRIAN CURTIN CRO, EVP 40.00 X 393622 0 52298 ERIK SORENSEN CFO 40.00 X 305962 0 52382 TIMOTHY WALLEN COO 40.00 X 276022 0 42552 JEFFREY KLEIN CHOICE CREATIVE SOULTIONS 1.00 40.00 X 252388 0 40671 JEFFREY JOHANNSEN VP MORTGAGE SALES 40.00 X 256021 0 36120 ANGELA RICHARDS CHIEF MARKETING OFFICER 40.00 1.00 X 248104 0 34766 CHRISTOPHER PUNKE CHIEF TECHNOLOGY OFFICER 40.00 1.00 X 246613 0 44103 KELLY QUICK VP RETAIL PAYMENT SYSTEMS 40.00 1.00 X 244626 0 44487 DAVID JORDAN VP MORTGAGE OPERATIONS 40.00 X 213580 0 40530 JOSHUA MURPHY VP RETAIL BANKING 40.00 X 210779 0 43277 NICOLE MILLS VP PEOPLE & CULTURE 40.00 X 202637 0 39350 TROY MOORE VP COMMERCIAL LENDING 40.00 X 154358 0 32345 KAYLA NELSON MORTGAGE LOAN OFFICER 40.00 X 229105 0 43495 JAMES BAKKIE MORTGAGE LOAN OFFICER 40.00 X 216925 0 33029 JOSEPH HAYHOE MORTGAGE LOAN OFFICER 40.00 X 200524 0 38406 GARY BROWN DIRECTOR OFCONSUMER LOAN OPERATIONS 40.00 X 171918 0 33183 SUSAN TINKER MORTGAGE LOAN OFFICER 40.00 X 168852 0 33668 4895643 0 748642 32 0 1 0 0 LOAN INTEREST 522100 38355622 38355622 CUSTOMER SERVICE FEES 522100 13388236 13338396 49840 51743858 3959517 3959517 42850 -42850 -42850 -42850 55660525 51651168 49840 3959517 5644285 5644285 9120083 9120083 1038324 1038324 1310083 1310083 935012 935012 445673 445673 25276 25276 581717 581717 856779 856779 2581526 2581526 2161175 2161175 2112292 2112292 108453 108453 319946 319946 9068486 9068486 96708 96708 1265191 1265191 158171 158171 CREDIT/DEBIT CARD EXPEN 4809467 4809467 PROVISION FOR LOAN LOSS 3250000 3250000 MISCELLANEOUS EXPENSE 2413292 2413292 LOAN EXPENSE 1365692 1365692 49667631 49667631 0 0 44166374 47190462 656205881 658923962 5325229 6511557 34913322 14680206 19911320 20233116 27817967 32212406 52063138 44495576 805489909 809567079 7843964 9133315 35000000 25000000 671619722 677914687 714463686 712048002 X 0 0 26901884 27056884 64124339 70462193 91026223 97519077 805489909 809567079 X 5992894 524448 -24488 X X 0 1 X 1 0 4918116 4918116 14807858 6591331 8216527 12328 11973 355 15149490 8076902 7072588 25530 25530 20233116 NCUSIF DEPOSIT 6656904 ACCRUED INTEREST RECEIVABLE 1993639 OTHER ASSETS 14101064 457 PLANS 17922403 RIGHT OF USE LEASE ASSET 3821566 44495576 MEMBERS' SHARES AND SAVINGS ACCOUNTS 669038966 RIGHT OF USE LEASE LIABILITY 3821566 NON-MEMBER DEPOSITS 5054155 677914687 X 56227823 524448 42850 567298 55660525 0 55660525 49710481 42850 42850 49667631 0 49667631 PART X, LINE 2: IN ACCORDANCE WITH ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE FASB ASC THE CREDIT UNION RECOGNIZES ANY UNCERTAIN TAX BENEFITS IF SUCH BENEFITS ARE A RESULT OF A TAX POSITION THAT IS MORE LIKELY THAN NOT SUSTAINABLE UPON EXAMINATION BY FEDERAL OR STATE TAX AUTHORITIES. WHEN AN UNCERTAIN BENEFIT IS DETERMINED TO BE MORE LIKELY THAN NOT SUSTAINED, THE CREDIT UNION VALUES THE POSITION, FOR FINANCIAL STATEMENT PURPOSES, OF THE LARGEST AMOUNT OF THE TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON RESOLUTION OF THE BENEFIT. FOR ANY TAX POSITIONS TAKEN THAT DO NOT MEET THE MORE LIKELY THAN NOT CRITERIA, THE CREDIT UNION ESTABLISHES A TAX RESERVE FOR 100% OF THE POSITION TAKEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF JOHNSTON ADMIN 42,850. X X X X 0 0 0 JOSHUA COOK CEO 716497 0 187110 0 0 0 51750 0 12230 0 967587 0 0 0 BRIAN CURTIN CRO, EVP 345781 0 47841 0 0 0 49419 0 2879 0 445920 0 0 0 ERIK SORENSEN CFO 268172 0 37790 0 0 0 39417 0 12965 0 358344 0 0 0 TIMOTHY WALLEN COO 242247 0 33775 0 0 0 34701 0 7851 0 318574 0 0 0 JEFFREY KLEIN CHOICE CREATIVE SOULTIONS 252388 0 0 0 0 0 33012 0 7659 0 293059 0 0 0 JEFFREY JOHANNSEN VP MORTGAGE SALES 256021 0 0 0 0 0 35202 0 918 0 292141 0 0 0 CHRISTOPHER PUNKE CHIEF TECHNOLOGY OFFICER 219388 0 27225 0 0 0 32304 0 11799 0 290716 0 0 0 KELLY QUICK VP RETAIL PAYMENT SYSTEMS 216176 0 28450 0 0 0 31800 0 12687 0 289113 0 0 0 ANGELA RICHARDS CHIEF MARKETING OFFICER 219654 0 28450 0 0 0 32317 0 2449 0 282870 0 0 0 KAYLA NELSON MORTGAGE LOAN OFFICER 229105 0 0 0 0 0 34351 0 9144 0 272600 0 0 0 DAVID JORDAN VP MORTGAGE OPERATIONS 188160 0 25420 0 0 0 27955 0 12575 0 254110 0 0 0 JOSHUA MURPHY VP RETAIL BANKING 184163 0 26616 0 0 0 30618 0 12659 0 254056 0 0 0 JAMES BAKKIE MORTGAGE LOAN OFFICER 216925 0 0 0 0 0 32539 0 490 0 249954 0 0 0 NICOLE MILLS VP PEOPLE & CULTURE 176237 0 26400 0 0 0 29364 0 9986 0 241987 0 0 0 JOSEPH HAYHOE MORTGAGE LOAN OFFICER 200524 0 0 0 0 0 30064 0 8342 0 238930 0 0 0 GARY BROWN DIRECTOR OFCONSUMER LOAN OPERATIONS 147733 0 24185 0 0 0 25614 0 7569 0 205101 0 0 0 SUSAN TINKER MORTGAGE LOAN OFFICER 168852 0 0 0 0 0 25326 0 8342 0 202520 0 0 0 TROY MOORE VP COMMERCIAL LENDING 154358 0 0 0 0 0 21777 0 10568 0 186703 0 0 0 PART I, LINE 3 THE ORGANIZATION HAS ESTABLISHED A COMPENSATION COMMITTEE THAT USES, ON AN ANNUAL BASIS, SURVEYS (CUNA AND CUES), WRITTEN EMPLOYMENT CONTRACTS AND APPROVAL BY THE BOARD TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS SUPPORTED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP ELECTS THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S BOARD OF DIRECTORS DO NOT REVIEW THE FORM 990 PRIOR TO ITS FILING. HOWEVER, THE CEO AND CFO REVIEWS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS ESTABLISHED A COMPENSATION COMMITTEE THAT USES, ON AN ANNUAL BASIS, SURVEYS (CUNA AND CUES), WRITTEN EMPLOYMENT CONTRACTS AND APPROVAL BY THE BOARD TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE BUDGET REPORTS ARE POSTED AT EACH BRANCH. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON AVAILABLE FOR SALE DEBT SECURITIES -24,488. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE AND MANAGEMENT DOES A PERIODIC REVIEW OF THE SELECTION OF AUDITORS. COMMUNITY CHOICE CREDIT UNION FOUNDATION 6163 NW 86TH ST STE 105 JOHNSTON IA 50131 474414322 CHARITABLE GIVING TO 501(C)(3)ORGANIZATIONS IA 501(C)(3) LINE 11 COMMUNITY CHOICE CREDIT UNION 1 CAPITAL FINANCIAL SERVICE CORP 700 EAST LYON STREET DES MOINES IA 50309 421391964 MORTGAGE LEGAL SERVICES IA COMMUNITY CHOICE CREDIT UNION C 1.00000 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CAPITAL FINACIAL SERVICE CORP A 36000 FMV CAPITAL FINACIAL SERVICE CORP D 4237 PV COMMUNITY CHOICE CREDIT UNION FOUNDATION B 36268 FMV