2022-11-15T14:19:14-06:00 2021-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2021-01-01 440544335 MAZUMA CREDIT UNION MAZU 8163614194 7260 W 135TH STREET OVERLAND PARK KS 66223 JUSTIN MOUZOUKOS CFO 9135745221 2022-11-15 1 JUSTIN MOUZOUKOS 999009999 JOHN J MURNANE JR P03021572 3052328272 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z BRANDON MICHAELS 7260 W 135TH STREET OVERLAND PARK KS 66223 50193306 0 1984 X WWW.MAZUMA.ORG X 1949 MO A NON-FOR-PROFIT CREDIT UNION SERVING THE COMMUNITIES OF CASS, JACKSON AND CLAY COUNTIES IN MISSOURI AND JOHNSON AND WYANDOTTE COUNTIES IN KANSAS. 9 9 238 15 172941 0 0 0 48025986 48189744 1361134 2003562 0 0 49387120 50193306 100250 25000 0 0 16033159 17478987 0 0 0 23021616 18824416 39155025 36328403 10232095 13864903 832285342 896877355 749680851 800846021 82604491 96031334 MAKING KANSAS CITY A BETTER PLACE TO LIVE, WORK AND BANK BY PROVIDING LENDING, SAVINGS AND FINANCIAL SERVICES TO OUR MEMBERSHIP. 0 0 PROVIDING DEPOSIT SERVICES FOR 71,658 MEMBERS PROVIDING LOAN SERVICES FOR 33,697 MEMBERS PROVIDE CHECKING ACCOUNT AND TRANSACTION SERVICES AND ACCOUNT SERVICES FOR 39,533 MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 1 12346 0 1 238 1 1 1 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 1 1 X JUSTIN MOUZOUKOS 9135745221 7260 W 135 STREET OVERLAND PARK KS 66223 JEFF WESTMEYER BOD MEMBER 1.00 X 0 0 0 BOB DURBIN BOD MEMBER 1.00 X 0 0 0 CARLA JOHNSON BOD/SECRETARY 1.00 X 0 0 0 IKE NWABUONWU V. CHAIRPERSON 1.00 X 0 0 0 RUSS PETRY CHAIRPERSON 1.00 X 0 0 0 JOHN LATHROP BOD/TREASURER 1.00 X 0 0 0 MATTHEW CATES BOD MEMBER 1.00 X 0 0 0 TINA FRYMER BOD MEMBER 1.00 X 0 0 0 TOM RECK BOD MEMBER 1.00 X 0 0 0 CLIFTON CARNEY BOD MEMBER 1.00 X 0 0 0 SHARON CLEAVER BOD MEMBER 1.00 X 0 0 0 DEONNE CHRISTENSEN CEO 45.00 X 440077 0 47037 JUSTIN MOUZOUKOS CFO 45.00 X 228553 0 35762 DANIEL ENGELHARD CLO 45.00 X 232869 0 44571 BRAD REIN CIO 45.00 X 214598 0 42259 MICHELLE WOOD CCO 45.00 X 207591 0 41697 JOHN BROWN VP OF TECHNOLOGY 40.00 X 166361 0 23031 SEREPTHA J HELM CHIEF MEMBER OFFICER 45.00 X 196215 0 38826 MICHAEL SCHRECK VP RISK MANAGEMENT 40.00 X 126231 0 27255 RENEE TAYLOR DIRECTOR CALL CENTER 40.00 X 115758 0 10683 DEBORAH BARNETT DIRECTOR FACILITIES 40.00 X 126083 0 16469 MARK THOMPSON VP OF BUSINESS AND COMMUNI 40.00 X 141103 0 28465 TIMOTHY J SCHEER VP OF OPERATIONS 40.00 X 129120 0 27885 2324559 0 383940 26 0 1 0 TECHNOLOGY GROUP SOLUTIONS 12808 W 101 ST LENEXA KS 66215 TECH AUGMENTATION 678967 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 CORE SYSTEM 654642 HYDEMAN COMPANY 3300 RAINBOW EST KANSAS CITY KS 66103 BRANCH EQUIPMENT 367092 CONVERGE ONE INC 12980 FOSTER STREET OVERLAND PARK KS 66213 TECHNOLOGY SOLUTIONS 299284 LINEAGE MAIL SERVICES 1700 BROADWAY BLVD KANSAS CITY MO 64108 MAIL PROCESSING AND STATEMENT PRINTING 293350 30 INCOME ON LOANS 522100 30131924 30131924 SERVICE FEES/OTHER 522100 17884879 17884879 FINANCE & INSURANCE 520000 172941 172941 48189744 2003562 2003562 50193306 50020365 172941 0 X 25000 1959447 12061559 468299 2217914 771768 722786 270252 122546 174834 760137 881103 1047013 2423237 585945 14518 77958 3881265 134493 1961598 114949 DEBIT/CREDIT CARD EXPEN 1928190 MAINTENANCE AND REPAIRS 1078909 MISC. EXPENSES 1025124 CHECK/CORP/BANK FEES/CH 490758 1128801 36328403 8082593 6741712 84642785 85157465 23257852 14048731 2951895 3107796 577924302 639774244 725323 736000 41007641 13158938 27811364 27848703 75767608 89834886 7649283 3714488 23472337 25913330 832285342 896877355 41220399 12718096 40000000 53700000 668460452 734427925 749680851 800846021 X 0 0 0 0 82604491 96031334 82604491 96031334 832285342 896877355 X 13864903 -1677844 1239784 X X 0 1 X 1 0 3000 3000 3000 1 CREDIT UNION POLITICAL ACTION COMMITTEE OF MISSOURI 2043 WOODLAND PARKWAY STE 200 ST LOUIS MO 63146 3000 7402680 7402680 22520767 6311925 16208842 746307 288266 458041 8998646 5990017 3008629 1339241 568730 770511 27848703 SHARE DRAFTS 147416737 REGULAR SHARES 217406374 MONEY MARKET 236685494 IRA SHARES 35805919 CERTIFICATES 95770401 NON MEMBER DEPOSITS 1343000 734427925 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X 1 1 X X X 0 1 0 DEONNE CHRISTENSEN CEO 349444 0 81633 0 9000 0 10800 0 36237 0 487114 0 0 0 DANIEL ENGELHARD CLO 213287 0 19582 0 0 0 9099 0 35472 0 277440 0 0 0 JUSTIN MOUZOUKOS CFO 208971 0 19582 0 0 0 9097 0 26665 0 264315 0 0 0 BRAD REIN CIO 196679 0 17919 0 0 0 8044 0 34215 0 256857 0 0 0 MICHELLE WOOD CCO 190016 0 17575 0 0 0 8220 0 33477 0 249288 0 0 0 SEREPTHA J HELM CHIEF MEMBER OFFICER 178592 0 17623 0 0 0 6574 0 32252 0 235041 0 0 0 JOHN BROWN VP OF TECHNOLOGY 152424 0 13937 0 0 0 6277 0 16754 0 189392 0 0 0 MARK THOMPSON VP OF BUSINESS AND COMMUNI 128238 0 12865 0 0 0 5703 0 22762 0 169568 0 0 0 TIMOTHY J SCHEER VP OF OPERATIONS 117477 0 11643 0 0 0 5219 0 22666 0 157005 0 0 0 MICHAEL SCHRECK VP RISK MANAGEMENT 115237 0 10994 0 0 0 5132 0 22123 0 153486 0 0 0 PART I, LINE 4B THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." THE CREDIT UNION DEPOSITS FUNDS DIRECTLY INTO A LIFE INSURANCE POLICY TO ENSURE REPAYMENT. AT SPECIFIED TIMES, THE PARTICIPANTS MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE POLICY TO SUPPLEMENT RETIREMENT INCOME. THE BORROWINGS ARE MONITORED TO ENSURE THE POLICY WILL PAY A DEATH BENEFIT AT LEAST SUFFICIENT TO COVER THE CREDIT UNION'S OUTLAYS PLUS INTEREST. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS ASSIGNED SPLIT DOLLAR." BRANDON MICHAELS FORMER CEO TO FUND SPLIT DOLLAR LIFE INSURANCE X 3000000 3107796 0 1 1 3107796 IKE NWABUONWU BOARD MEMBER 3000000 LINE OF CREDIT TO ALLOW FOR CREDIT CAPACITY FOR FUTURE PROJECTS. $0 BALANCE AS OF DECEMBER 31, 2021 0 FORM 990, SCH L, PART II THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." ALTHOUGH THE IRS REQUIRES REPORTING IN PART II AS A LOAN TO AN INTERESTED PARTY, THIS IS NOT AN ACTUAL LOAN. THERE IS NO TRANSFER OF FUNDS TO THE PARTICIPANT NOR AN OBLIGATION TO REPAY THE FUNDS. INSTEAD THE CREDIT UNION RECOVERS ANY OUTLAYS, PLUS INTEREST, FROM THE UNDERLYING POLICY. THAT IS, THE CREDIT UNION DEPOSITS FUNDS DIRECTLY INTO A LIFE INSURANCE POLICY TO ENSURE REPAYMENT. AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE POLICY TO SUPPLEMENT RETIREMENT INCOME. THE BORROWINGS ARE MONITORED TO ENSURE THE POLICY WILL PAY A DEATH BENEFIT AT LEAST SUFFICIENT TO COVER THE CREDIT UNION'S OUTLAYS PLUS INTEREST. ANY REMAINING DEATH BENEFITS ARE DIVIDED BETWEEN THE CREDIT UNION AND THE PARTICIPANT'S BENEFICIARIES AS AGREED UPON. FORM 990, PART VI, SECTION A, LINE 6 EVERY INDIVIDUAL THAT HAS DEPOSIT OF 1.00 IN THE CREDIT UNION HAS OWNERSHIP OF 1 VOTING SHARE OF THE ORGANIZATION AND MY VOTE ON THE ELECTION OF BOARD MEMBERS. NO MEMBER HAS MORE THAN 1 VOTING SHARE, REGARDLESS OF THE TOTAL AMOUNT OF DEPOSITS IN THAT MEMBER'S ACCOUNT. WE HAVE APPROXIMATELY 71,700 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS RUN BY A BOARD OF DIRECTORS MADE UP OF ORGANIZATION MEMBERS THAT WERE VOTED IN BY ALL OTHER MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE VP/CFO PROVIDES INPUT INTO THE PREPARATION OF THE 990 AND 990T AND REVIEWS THE RETURNS PRIOR TO FILING. THE CEO ALSO REVIEWS THE 990 AND 990T RETURNS PRIOR TO FILING. THEN, THE CEO REPORTS THE FILING OF THE 990 AND 990T TO THE BOARD AND MAKES THE RETURNS AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE OBTAINED EACH YEAR FROM MANAGEMENT, THE BOARD OF DIRECTORS, AND THE SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 CONSULTANTS WERE HIRED TO ASSIST IN DETERMINING THE CEO'S AND KEY EMPLOYEES' SALARIES. ALL EMPLOYEES ARE REVIEWED ON A BI-ANNUAL BASIS WITH CONSULTANT AND INDUSTRY DATA. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN BRANCH LOBBIES. POLICIES ARE AVAILABLE BASED UPON REQUEST AND FOLLOWING SPECIFIED PROCEDURES. FORM 990, PART IX, LINE 11G PROFESSIONAL & OUTSIDE SERVICES 760,137. FORM 990, PART IX, LINE 24E LOAN SERVICING 476,122. ATM FEES/CHARGES 273,609. PROVISION FOR LOAN LOSSES 254,700. SHARED BRANCHING 47,898. TRAINING 47,838. OREO SOLD MORTGAGE 28,634. FORM 990, PART XI, LINE 9: ACCUMULATED UNREALIZED NET GAINS (LOSSES) ON CASH FLOW HEDGES 1,239,784. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. CU HOLDING CO LLC 16011 COLLEGE BLVD SUITE 208 LENEXA KS 66219 870695887 HOLDING COMPANY MO MAZUMA CREDIT UNION C -585257 9653189 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 CU HOLDING CO LLC Q 26396 BI WEEKLY PAYROLL PROCESSING