2019-11-15T13:19:32-06:00 2018-12-31 952302617 SINGERLEWAK LLP 10960 WILSHIRE BOULEVARD 7TH FLOOR LOS ANGELES CA 900243783 990 2018-01-01 840419976 SOOPER CREDIT UNION SOOP 3034275005 5005 W 60TH AVE ARVADA CO 80003 AMANDA KOBZA VP FINANCE 3034275005 2019-11-14 1 NAZANIN BENYAMINI P00666808 3104773924 2019-11-14 206.169.119.90 2019-11-14 08:35:29 PS P A509CA00C89F7E527507108C58A183D4D96E59B3 3970C8B2B1B943829345110FCB04941AAF77F109 2018 2020-03-31 21:24:44Z DANIEL KESTER 5005 W 60TH AVE ARVADA CO 80003 25177076 0 X WWW.SOOPERCU.ORG X 1951 CO TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS' FINANCIAL WELL-BEING. 9 9 127 14 26178 -1749 0 0 17346408 19290662 1409604 860236 33264 26178 18789276 20177076 0 0 0 0 6683164 6896217 0 0 0 9686518 9980356 16369682 16876573 2419594 3300503 360333288 388076989 321172249 346302875 39161039 41774114 TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS'FINANCIAL WELL-BEING. 0 0 THE CREDIT UNION IS OWNED BY APPROXIMATELY 35,500 MEMBERS. THE CREDITUNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS. SOME OF THESESERVICES INCLUDE CONSUMER LENDING, MORTGAGE LENDING, CHECKING ANDSAVINGS ACCOUNTS, AND SHARE CERTIFICATES. THE CREDIT UNION ALSO OFFERSATM, DEBIT AND CREDIT CARDS, IN ADDITION TO OTHER FINANCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7535 0 1 127 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X CARRIE LANGGARD 3034275005 5005 W 60TH AVE ARVADA CO 80003 DONETTA DAVIDSON CHAIRPERSON 3.00 X 0 0 0 DAN BIGANDT DIRECTOR 3.00 X 0 0 0 JOHN BODNAR SECRETARY 3.00 X 0 0 0 TONY DAYMIL TREASURER 3.00 X 0 0 0 TONY DILORIO DIRECTOR 3.00 X 0 0 0 FLOSSIE O'LEARY DIRECTOR 3.00 X 0 0 0 BOB BRUHN DIRECTOR 3.00 X 0 0 0 ADAM WILLIAMSON VICE CHAIR 3.00 X 0 0 0 SONIA ADAME DIRECTOR 3.00 X 0 0 0 DANIEL KESTER CEO/PRESIDENT 40.00 X 337771 0 18978 DARRELL MANN EVP 40.00 X 179808 0 14409 CARRIE LANGGARD CHIEF FINANCIAL OFFICER 40.00 X 159066 0 13548 C MICHAEL LITZAU EVP OF CORPORATE 40.00 X 141247 0 12909 DONNA OGOREK VP MARKETING 40.00 X 47895 0 3475 JOHN PURCELL VP LENDING 40.00 X 84667 0 14134 SHAUNA SANSOTTA VP OPERATIONS 40.00 X 99629 0 11287 TERRI RHOADES VP BUSINESS SERVICES 40.00 X 94544 0 10853 DOMENIC SANSOTTA DIRECTOR OF COMMUNICATIONS 40.00 X 75405 0 10180 GARY ROBBINS SR VP OF LENDING 40.00 X 105103 0 18807 JOSH HENDERSON VP IT 40.00 X 100074 0 18761 AMANDA KOBZA VP FINANCE 40.00 X 93883 0 10438 ANGELA WEBB VP MARKETING 40.00 X 76428 0 3898 1595520 0 161677 6 0 1 0 CU PRODIGY-CORE 209 E GORDON AVE LAYTON UT 84041 DATA PROCESSOR 443963 Q2 SOFTWARE INC 13785 RESEARCH BLVD SUITE 150 AUSTIN TX 78750 E-BANKING SERVICES 296275 CULA 3111 CAMINO DEL RIO N STE 203 SAN DIEGO CA 92108 PROVIDES AUTO LEASING PLATFORM FOR CREDI 270410 OUTPUT SERVICES INC 6410 ODELL PLACE BOULDER CO 80301 PROVIDES STATEMENTS AND OTHER REPORTING 227724 DIEBOLDNIXDORF 15761 E CENTRETECH PKWY AURORA CO 80011 CREDIT UNION'S ATM AND DRIVE UP SERVICE 202929 10 INTEREST ON LOANS TO MEMBERS 522100 14369078 14369078 OTHER INCOME 522100 2572775 2572775 FEES AND CHARGES 522100 2348809 2348809 19290662 919736 919736 4940500 5000000 -59500 -59500 -59500 NON-MEMBER ATM FEES 525990 26178 26178 26178 20177076 19290662 26178 860236 1831012 3660038 476371 535364 393432 2418 117284 347205 211418 2925365 951303 146776 18003 77304 835521 112195 INTEREST AND DIVIDENDS 1846395 PROVISION FOR LOAN LOSS 1738368 MISCELLANEOUS OTHER EXP 324282 LOAN SERVICING EXPENSES 290764 35755 16876573 2941904 3481534 7365772 24391172 1768617 1344753 276973511 299083091 669960 727399 15905526 5990764 11280083 9914762 43505951 31287437 342400 410400 3561582 3854626 11923508 13581815 360333288 388076989 5192266 2850156 5000000 310979983 343452719 321172249 346302875 X 0 0 6234401 6234401 32926638 35539713 39161039 41774114 360333288 388076989 3300503 -687428 0 X X 0 0 0 1335344 1335344 11587824 4107094 7480730 2982358 1883670 1098688 9914762 MEMBER SHARES AND DEPOSIT ACCOUNTS 343452719 343452719 X X 0 1 0 DANIEL KESTER CEO/PRESIDENT 297794 0 39977 0 0 0 12375 0 6603 0 356749 0 0 0 DARRELL MANN EVP 160008 0 19800 0 0 0 6500 0 7909 0 194217 0 0 0 CARRIE LANGGARD CHIEF FINANCIAL OFFICER 142566 0 16500 0 0 0 7155 0 6393 0 172614 0 0 0 C MICHAEL LITZAU EVP OF CORPORATE 125246 0 16001 0 0 0 6224 0 6685 0 154156 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS ESTABLISHED A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR SELECT MEMBERS OF MANAGEMENT UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. EACH MEMBER OF MANAGEMENT WHO IS OFFERED THE PLAN MUST BE CONTINUOUSLY EMPLOYED FOR A CERTAIN NUMBER OF YEARS TO EARN THE DEFERRED COMPENSATION PAYMENT. AMOUNTS ACCRUED UNDER THE PLAN FOR 2018 ARE AS FOLLOWS: DANIEL KESTER-$435,115 AND DARRELL MANN-$435,115. CU PRODIGY MANAGEMENT OF THE CREDIT UNION SITS ON THE BOARD OF DIRECTORS OF THE ENTITY 443963 CORE PROCESSOR 0 FORM 990, PART VI, SECTION A, LINE 6 PERSONS ELIGIBLE FOR MEMBERSHIP INCLUED EMPLOYEES (AND FAMILY MEMBERS) OF KING SOOPERS, CITY MARKET, AND OTHER BUSINESSES AND MEMBERS OF ASSOCIATIONS GENERALLY IN THE DENVER, COLORADO SPRINGS, AND GRAND JUNCTION, COLORADO AREAS. MEMBERSHIP ALSO INCLUDES PERSONS 55 YEARS OR OLDER LIVING WITHIN 25 MILES OF A SOOPER CREDIT UNION BRANCH. IN 2015, THE CREDIT UNION ADDED PERSONS WHO LIVE OR WORK IN JEFFERSON COUNTY, COLORADO TO ITS FIELD OF MEMBERSHIP. A $5 MINIMUM DEPOSIT IS REQUIRED FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE FOR MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. MERGER-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. CHARTER CONVERSION-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. DISSOLUTION AND LIQUIDATION-REQUIRES MAJORITY VOTE OF ENTIRE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION HAS CONTRACTED WITH A CERTIFIED PUBLIC ACCOUNTING FIRM FOR ASSISTANCE IN COMPLETION OF THE FORM 990/990-T. CURRENTLY, THE BOARD OF DIRECTORS DOES NOT REVIEW THE TAX FORM 990/990-T PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SENT TO THE DIRECTORS, SUPERVISORY COMMITTEE AND ALL STAFF ANNUALLY. THESE ARE COMPLETED AND RETURNED TO THE DIRECTOR OF CORPORATE. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION-THE BOARD OF DIRECTORS USE COMPENSATION SURVEYS TO DETERMINE CEO COMPENSATION. CEO COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. TOP MANAGEMENT COMPENSATION-JOB DESCRIPTIONS ARE DEVELOPED USING THE COMPEASE SOFTWARE PORTAL. FACTORS AND JOB DESCRIPTIONS ARE SET WITHIN THE SOFTWARE, WHICH THEN DETERMINES THE SALARY RANGE FOR THE POSITION. SALARIES ARE INCREASED AND DETERMINED BY PERFORMANCE AND THE EMPLOYEES' COMPARATIO. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SUMMARIZED FINANCIAL INFORMATION IS AVAILABLE ON THE CREDIT UNION'S WEBSITE. QUARTERLY FINANCIAL DATE IS AVAILABLE TO THE PUBLIC AT WWW.NCUA.GOV. FORM 990, PART XII, LINE 2: THE CREDIT UNION RECEIVES AUDITED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE AUDIT IS CONDUCTED, HOWEVER, ON THE CREDIT UNION'S SEPTEMBER 30, 2018 AND 2017 FINANCIAL STATEMENTS. THUS, QUESTION 2A IS ANSWERED "NO". THE CREDIT UNION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT, BUT QUESTION 2C IS ANSWERED NO SINCE THE 12/31/18 FINANCIAL STATEMENTS WERE NOT AUDITED. FORM 990, PART XII, LINE 2C: SELECTION OF THE AUDITORS AND OVERSIGHT OF THE AUDITORS IS DONE BY THE SUPERVISORY COMMITTEE. THERE WERE NO CHANGES TO THE SELECTION OR OVERSIGHT PRACTICES DURING 2018.