2023-11-15T16:57:28-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2022-01-01 390203995 LANDMARK CREDIT UNION LAND 2627964500 2775 S MOORLAND ROAD NEW BERLIN WI 53151 DAVID POWERS CFO 2627964500 2023-11-15 1 DAVID POWERS 999009999 0 TANYA MEDGAARDEN P01717240 5074347000 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID POWERS 2775 S MOORLAND ROAD NEW BERLIN WI 53151 253842441 0 X WWW.LANDMARKCU.COM X CREDIT UNION 1933 WI LANDMARK CREDIT UNION IS A MEMBER-OWNED NOT-FOR-PROFIT, COOPERATIVE FINANCIAL INSTITUTION. 10 9 1170 0 219214 0 0 0 234729202 226880001 5302664 26305219 64786 72747 240096652 253257967 0 0 21708367 28232334 78675857 90795013 0 0 0 67845977 77476363 168230201 196503710 71866451 56754257 5849776712 6153508927 5274748618 5578481174 575028094 575027753 X LANDMARK CREDIT UNION IS 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. 0 0 PROVIDE LOW-COST FINANCIAL SERVICES TO OVER 378,312 MEMBERS, WHO RESIDE PRIMARILY IN SOUTHEASTERN WISCONSIN. PROVIDED OVER 697,207 SAVINGS-TYPE ACCOUNTS TO THE CREDIT UNION'S MEMBERS. THE ACCOUNTS ARE STRUCTURED TO ENCOURAGE MEMBER THRIFT AND PROVIDE A COMPETITIVE RETURN ON THEIR SAVINGS. GRANTED 59,044 LOANS TO CREDIT UNION MEMBERS, REPRESENTING APPROXIMATELY $2,684,534,796 AIMED AT MEETING THEIR RESPECTIVE FINANCING NEEDS. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 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 239681 0 1170 1 1 1 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 0 1 1 0 0 X DAVID POWERS 2627964500 555 S EXECUTIVE DR BROOKFIELD WI 53005 JAY MAGULSKI TREASURER/CEO/PRESIDENT 50.00 X X 1511260 0 82058 BRIAN DOROW CHAIRPERSON 10.00 X X 27700 0 0 NANCY DICKMAN SECRETARY 10.00 X X 24725 0 0 GRACE KOSTROSKI VICE CHAIRPERSON 10.00 X X 21908 0 0 JENNIFER ZIERER DIRECTOR 10.00 X 18500 0 0 AILEC GONZALEZ DIRECTOR 10.00 X 18500 0 0 MIKE ERWIN DIRECTOR 10.00 X 18500 0 0 JOHN SCHULZE JR DIRECTOR 10.00 X 18500 0 0 NELSON PHILLIPS DIRECTOR 10.00 X 18500 0 0 DANE SANDERSEN ASSOCIATE DIRECTOR 10.00 X 9650 0 0 BRIAN MELTER CXO 50.00 X 512653 0 65197 DAVID POWERS CFO 50.00 X 411361 0 58477 MARK KENNEDY CLO 50.00 X 424910 0 62307 STEPHEN HANNAN JR CIO 50.00 X 420210 0 58937 ROBERT BRUEMMER EVP 50.00 X 269986 0 40001 JODI GREENMEIER CPO 50.00 X 315396 0 46220 LUKE HESPRICH SENIOR INVESTMENT REP 40.00 X 434100 0 67020 KAREN BRAUN SUPERVISOR, MORTGAGE LENDI 50.00 X 262460 0 42793 ADAM NEWMAN EVP 40.00 X 318506 0 60130 RYAN JANDRIS SVP DIGITAL STRATGEY 40.00 X 277582 0 51068 DONALD LICKEL SVP MORTGAGE SERVICES 40.00 X 262967 0 40007 5597874 0 674215 98 0 1 0 FISERV PO BOX 934057 ATLANTA GA 311934057 DATA SERVICES 7305403 JIGSAW LLC 610 E PLEASEANT STREET MILWAUKEE WI 53202 MARKETING 2759485 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 606755723 BUSINESS SOLUTIONS 2094655 NEW RESOURCES CONSULTING 1000 N WATER ST SUITE 950 MILWAUKEE WI 53202 CONSULTING 2065569 NVISIA 200 S WACKER DRIVE 3700 CHICAGO IL 60606 SOFTWARE SERVICES 1438651 100 LOAN INTEREST INCOME 522100 167516539 167516539 OTHER OPERATING INCOME 522100 31189266 31189266 FEE REVENUE 522100 28174196 27954982 219214 226880001 26236989 26236989 72747 0 72747 72747 72747 227704 425000 25459 559015 202245 -134015 68230 68230 253257967 226733534 219214 26305219 28232334 4455457 63991311 8264831 9536422 4546992 984278 159896 17731746 5474680 13041942 6314966 505209 12425769 9109544 MISC. OPERATING EXPENSE 9123527 LOAN SERVICING EXPENSES 7448221 OPERATING FEES 334714 PROVISION FOR LOAN LOSS -5178129 196503710 44764299 49580247 708409219 219758780 2163917 2246817 4166134206 4961120242 5097438 6252008 192621561 53959084 149279916 138662477 600135669 627585363 22231580 19658028 151560468 128644965 5849776712 6153508927 87139892 108182672 180105000 180105000 5007503726 5290193502 5274748618 5578481174 X 0 0 0 0 575028094 575027753 575028094 575027753 5849776712 6153508927 X 56754257 -56970480 215882 X 0 1 X 1 0 0 1 X 30800637 30800637 111289493 21128337 90161156 914205 712485 201720 49617226 32118262 17498964 138662477 ALL OTHER SHARES/DEPOSITS 5290193502 5290193502 X 253830140 0 253830140 -572172 -572172 253257968 197075876 0 197075876 -572166 -572166 196503710 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS REAL ESTATE ESCROW ACCOUNTS USED TO PAY MEMBERS REAL ESTATE TAXES AND INSURANCE. PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER INTERNAL REVENUE CODE (IRC) 501 (C) (14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2022 AND 2021. THE CREDIT UNION'S 2019 AND SUBSEQUENT TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN REVENUE FOR 990 PURPOSES -572,166. ROUNDING -6. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCLUDED IN REVENUE FOR 990 PURPOSES -572,166. X 0 1 0 JAY MAGULSKI TREASURER/CEO/PRESIDENT 601575 0 302863 0 606822 0 50072 0 31986 0 1593318 0 0 0 BRIAN MELTER CXO 371330 0 122070 0 19253 0 35711 0 29486 0 577850 0 0 0 LUKE HESPRICH SENIOR INVESTMENT REP 10607 0 420437 0 3056 0 35534 0 31486 0 501120 0 0 0 MARK KENNEDY CLO 302374 0 107275 0 15261 0 30357 0 31950 0 487217 0 0 0 STEPHEN HANNAN JR CIO 303867 0 100672 0 15671 0 29487 0 29450 0 479147 0 0 0 DAVID POWERS CFO 292612 0 101452 0 17297 0 28061 0 30416 0 469838 0 0 0 ADAM NEWMAN EVP 222085 0 90000 0 6421 0 30728 0 29402 0 378636 0 0 0 JODI GREENMEIER CPO 246044 0 61340 0 8012 0 26599 0 19621 0 361616 0 0 0 RYAN JANDRIS SVP DIGITAL STRATGEY 215982 0 60166 0 1434 0 21860 0 29208 0 328650 0 0 0 ROBERT BRUEMMER EVP 219365 0 47257 0 3364 0 21324 0 18677 0 309987 0 0 0 KAREN BRAUN SUPERVISOR, MORTGAGE LENDI 58521 0 198848 0 5091 0 23985 0 18808 0 305253 0 0 0 DONALD LICKEL SVP MORTGAGE SERVICES 209925 0 49017 0 4025 0 21247 0 18760 0 302974 0 0 0 PART I, LINE 4B JAY MAGULSKI 338,484 PART I, LINE 6 THERE IS A CORPORATE AIP PROGRAM FOR WHICH THEY PARTICIPATE. FORM 990, PART VI, SECTION A, LINE 6 LANDMARK CREDIT UNION IS COOPERATIVELY OWNED BY ITS APPROXIMATELY 378,312 MEMBERS. OWNERSHIP IS ACQUIRED THROUGH OPENING A QUALIFYING SHARE (SAVINGS) ACCOUNT, WITH A MINIMUM DEPOSIT OF $5.00. EACH MEMBER IS ENTITLED TO AN EQUAL VOTE IN MATTERS IN WHICH THE CREDIT UNION'S BYLAWS EMPOWER MEMBER AUTHORIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS TO REPRESENT THEIR COOPERATIVE INTERESTES. DIRECTORS ARE ELECTED FOR THREE-YEAR TERMS, AND MUST STAND FOR ELECTION AT A MEETING OF THE MEMBERSHIP UPON EXPIRATION OF THEIR RESPECTIVE TERMS. FORM 990, PART VI, SECTION A, LINE 7B AT ANY MEETING OF THE MEMBERSHIPS, A MAJORITY OF THE MEMBERS PRESENT MAY DIRECT THE BOARD OF DIRECTORS TO: A.) CONSIDER IMPLEMENTING ANY POLICY PROPOSED BY THE MEMBERS; B.) RECONSIDER ANY DECISION OF THE DIRECTORS, OFFICERS OR COMMITTEES; C.) BY A THREE-FOURTHS VOTE REMOVE ANY DIRECTOR, AND; D.) BY A THREE-FOURTHS VOTE AMEND THE EXISTING BYLAWS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO AND CFO FOR ACCURACY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OATH OF OFFICE IS SIGNED ANNUALLY, ANY ITEM OF VALUE OVER $250 GIVEN TO AN ASSOCIATE MUST BE REPORTED, JUSTIFIED, AND APPROVED BY THE PRESIDENT. ALL ASSOCIATES ARE COVERED. FORM 990, PART VI, SECTION B, LINE 15A ALL EMPLOYEES RECEIVE AN ANNUAL PERFORMANCE EVALUATION AT WHICH TIME COMPENSATION FOR THE NEXT YEAR IS DETERMINED. THERE IS A CHAIRMAN OF THE BOARD THAT ACTS ON THE PRESIDENT'S REVIEW AND DETERMINES THE MERIT INCREASE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9: CHANGE IN OCI 215,880. ROUNDING 2. LANDMARK FINANCIAL SERVICES INC 2775 S MOORLAND ROAD STE 301 NEW BERLIN WI 53151 391607208 DORMANT CORPORATION WI 300 LANDMARK CREDIT UNION