2023-05-04T10:56:42-07:00 2022-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2022-01-01 381627377 HarborLight Credit Union HARB 2318945608 2151 Cogswell Drive Whitehall MI 49461 Justin Bamford CEO 2023-05-04 true Justin Bamford 999009999 true Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 2151 Cogswell Drive Whitehall MI 49461 7219078 false X www.harborlightcu.org X 1954 MI HarborLight Credit Union exists to improve the financial well-being of our members. 7 7 55 9 131745 0 5891753 6259034 662737 960044 0 6554490 7219078 0 0 2128474 2415705 0 0 3716862 3979769 5845336 6395474 709154 823604 159134723 169930532 147164822 157714894 11969901 12215638 HarborLight Credit Union exists to improve the financial well-being of our members. false false The Credit Union has various types of deposit accounts available for our members. As of 12/31/2022 the Credit Union had 10,801 members. The Credit Union has several types of loan programs available for its members. As of 12/31/2022 The Credit Union had 6,692 loans outstanding loans to its members. false false false false false false false true false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 2846 0 true 55 true true true false false false false false false false X 7 7 false false false false true true true true true false true true false true true true true true true true false X Barbara Blair 2318945608 2151 Cogswell Drive Whitehall MI 49461 Justin Bamford CEO 40.00 0.00 X 137305 0 34378 Stephanie Wyman COO 40.00 0.00 X 81484 0 12648 Chris Harris CFO 40.00 0.00 X 77500 0 0 Rita Kosheba Secretary 1.00 0.00 X 0 0 0 Steven Mayberry Vice Chair 1.00 0.00 X 0 0 0 Allen Rant Director 1.00 0.00 X 0 0 0 Sharon Swaninger Treasurer 1.00 0.00 X 0 0 0 Steven Salter Director 1.00 0.00 X 0 0 0 Lee Andrews Chairperson 1.00 0.00 X 0 0 0 Larry Goldner Director 1.00 0.00 X 0 0 0 Donna Vangeison CLO 0.00 0.00 0 0 0 Barbara Blair 40.00 0.00 0 0 0 296289 47026 1 true true false Fiserv 75 Remittance Dr Chicago IL 60675 Core Processor/Card Proc 1488788 Kasasa 6504 Pridge Point Parkway Suit 500 Austin TX 78730 Website / Reward Program 121859 Red Rock Information Systems 1101 40th St SE Grand Rapids MI 49508 IT Services 155294 3 0 ANCILLARY LOAN PRODUCTS 105728 105728 Fee and Other Charges 522100 932835 932835 Interchange Income 522100 1069250 1069250 Interest on Loans 522100 3649790 3649790 Misc Other Operating 900099 475414 475414 26017 26017 6259034 960044 960044 0 0 0 0 0 0 0 0 7219078 7087333 131745 X 0 0 0 0 328982 0 1638874 109826 183577 154446 0 0 0 0 0 0 656413 118837 230105 632570 0 132630 0 0 69399 475171 0 174649 54034 Debit/ATM/Credit Expenses 1033192 Loan Servicing Expense 176875 Provision for Loan Losses 67255 Postage and Shipping 60504 98135 6395474 0 0 0 2305937 1575046 16529117 34843625 0 71091 100610 0 0 78451975 83203685 0 142152 121077 4832154 2373645 2565260 2458509 5111898 44738034 1094140 49800448 0 0 4156845 1795806 159134723 169930532 3092470 2896790 409698 143662654 154818104 147164822 157714894 X 11969901 12215638 11969901 12215638 159134723 169930532 823604 -577867 X false false false false true 173352 173352 3622986 1442696 2180290 1035816 930949 104867 2458509 Member Shares & Deposits 154818104 154818104 false false false Justin Bamford CEO 126014 11141 150 11179 23199 171683 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 of Directors 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 data to independent CPA to prepare the return. Management reviews the return for accuracy, and then authorizes the CPA to e-file the approved return. Management reviews the return with the Directors at the next Board meeting. Form 990, Part VI, Section B, Line 12c Policy read and acknowledged annually by signing and are returned to CEO. Form 990, Part VI, Section B, Line 15a The Board of Directors is provided CUNA salary survey information for the CEO position. The board reviews the CEO compensation at the annual wage meeting and determines the CEO compensation. The Board decision to approve updated compensation is noted inthe Board minutes. Form 990, Part VI, Section B, Line 15b Key employee compensation is determined by the CEO and CFO using the CUNA salary survey to determine wage brackets for each position. The Board of Directors approves the updated compensation. Form 990, Part VI, Section C, Line 19 Governing documents and policies are available upon request. Financial statements are posted in the lobby.