2012-08-14T13:54:03-05:00 2012-03-31 341877117 CBIZ MHM LLC 220 W DOUGLAS SUITE 300 WICHITA KS 67202 990 2011-04-01 480499356 CENTRAL STAR CREDIT UNION CENT 3166859555 9555 CORPORATE HILLS DR WICHITA KS 67207 MARY WEHNER 3166859555 2012-07-20 1 ADAM L GRILLIOT CPA P00930960 3162655600 2011 2016-02-24 21:20:13Z MARY WEHNER 9555 CORPORATE HILLS DRIVE WICHITA KS 67207 8163541 0 X WWW.CENTRALSTAR.ORG X 1940 KS PROVIDE FIVE STAR SERVICE WITH CONSISTENT QUALITY AND CARE TO OUR MEMBERS. 7 7 33 15 431148 0 0 0 5314972 4923541 157239 -5741 0 0 5472211 4917800 20240 16766 0 0 1656967 1420831 0 0 0 4711548 3135257 6388755 4572854 -916544 344946 68226464 73326189 62349133 66618547 5877331 6707642 TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS WITH EXCELLENCE AND INTEGRITY. TO PROVIDE FINANCIAL LITERACY TOOLS FOR OUR MEMBERS AND OUR COMMUNITY AT LARGE. 0 0 PROVIDE DEPOSIT SERVICES TO 8,802 MEMBER OWNERS. RETURN TO OURMEMBERS SAFE MARKET OR ABOVE MARKET RETURNS. PROVIDE A SOURCE OF CREDIT TO 5,509 BORROWERS. THESE LOANS AREPROVIDED AT A FAIR AND REASONABLE COST. TO BE A SOURCE OF FINANCIAL LITERACY FOR OUR MEMBERS AND OURCOMMUNITIES. THIS IS DONE THROUGH THE FINANCIAL SEMINARS OFFEREDTO ASSIST IN A VARIETY OF AREAS FROM BUDGETING TO FIRST TIME HOMEBUYERS. CENTRAL STAR HAS ASLO INVESTED $2,500 TO HAVE A CERTIFIED FINANCIAL COUNSELOR TO ASSIST MEMBERS AND THOSE IN THE COMMUNITY WITH CREDIT ISSUES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2650 0 1 33 0 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 KS X MARY WEHNER 3166859555 9555 CORPORATE HILLS DRIVE WICHITA KS 67207 MARK BOWMAN 7.60 X 0 0 0 FRED WILHOFT 4.50 X 0 0 0 SCOTT YEAKLEY 6.50 X X 0 0 0 BILL DELONG 6.60 X X 0 0 0 LARRY DUNTZ 12.50 X X 0 0 0 DANNY HOLST 4.50 X X 0 0 0 JOHN MADIA 4.00 X 0 0 0 A LEE WILLIAMS 50.00 X 167522 0 8394 MONICA ROBERTS 50.00 X 59606 0 3668 MARY WEHNER 50.00 X 59651 0 3427 286779 0 15489 1 0 1 0 0 INTEREST ON LOANS 523000 2972327 2972327 INCOME FROM FEES 523000 1509048 431148 1077900 INTEREST ON INVESTMENT 523000 442166 442166 4923541 3240000 3240000 5741 0 -5741 -5741 -5741 4917800 0 431148 4486652 16766 286779 839088 189983 104981 1204 187525 321889 25480 173313 18971 28722 95 195591 209205 DIVIDENDS ON SAVINGS AC 653108 DEPOSIT SERVICE EXPENSE 533396 PROVISION FOR LOAN LOSS 330000 REAPIRS & MAINTENANCE 202862 253896 4572854 8386090 9658753 1467509 2076519 42267523 44473867 0 137665 159106 4241062 2829952 1502315 1411110 12644764 13650607 1820598 1896227 68226464 73326189 62244192 66138983 41268 22596 63673 456968 62349133 66618547 X 3966668 4468419 1835234 1835234 75429 403989 5877331 6707642 68226464 73326189 X 344946 485365 X 0 0 0 366177 366177 1404111 584530 819581 2470774 2245422 225352 1411110 PREMIUM-FED AGENCY SECURITIES 27143 C PAR-FED AGENCY SECURITIES 12377210 C INVESTMENT IN SPLIT DOLLAR INSURANCE 1075654 C FEDERAL HOME LOAN CAPITAL SHRSPAIN IN CAPITAL KCCU 170600 C 13650607 OTHER LIABILITIES 5371 ATM NETWORK CLEARING 451597 456968 4917800 4572854 344946 328560 156805 485365 830311 4917800 0 4917800 0 4917800 4572854 0 4572854 0 4572854 INVESTMENTS ARE BOOKED AT FAIR MARKET VALUE FOR FINANCIAL STATEMENT PURPOSES BUT ARE BOOKED AT HISTORICAL VALUE FOR TAX PURPOSES, THEREFORE, GAINS WILL NOT BE REALIZED FOR TAX PURPOSES UNTIL THE SECURITIES ARE SOLD. 1 X PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ASSISTANCE GIVEN TO OTHER ORGANIZATIONS, MAINLY OTHER NOT-FOR-PROFITS, IS DETERMINED BY THE CEO, AS TO WHICH ORGANIZATIONS TO SUPPORT. OFTEN STAFF WILL RECOMMEND A SPECIAL CHARITY, OR SERVE ON A BOARD FOR ANOTHER CHARITY AND THEN CENTRAL STAR UNION WILL SUPPORT THAT CHARITY AS DEEMED APPROPRIATE. 1 X X X X X 0 1 1 A LEE WILLIAMS 167522 0 0 0 0 0 8394 0 0 0 175916 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP AT CENTRAL STAR CREDIT UNION IS OPEN TO ANYONE WHO LIVES, WORKS OR DOES BUSINESS IN SEDGWICK, BUTLER, HARVEY, MCPHERSON OR SALINE COUNTIES. YOU CAN ALSO JOIN IF YOU OR A MEMBER OF YOUR FAMILY IS A CURRENT OR RETIRED EMPLOYEE OF HAWKER BEECHCRAFT CORPORATION OR ITS SUBSIDIARIES AND ASSOCIATIONS. FORM 990, PART VI, SECTION A, LINE 7A ALL OF THE ORGANIZATION'S MEMBERS VOTE ON WHO SHOULD BE A MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ELECT THE BOARD OF DIRECTORS AND THE BOARD MAKES THE DECISIONS ON BEHALF OF THEIR MEMBERSHIP. AT THE ANNUAL MEETING ALL MEMBERS ARE ASKED IF THEY WILL ACCEPT THE ANNUAL REPORT AS IT IS WRITTEN. FORM 990, PART VI, SECTION B, LINE 11 CENTRAL STAR HAS A UBIT TEAM IN PLACE. THIS TEAM CONSISTS OF THE CHAIRMAN OF THE SUPERVISORY TEAM. THIS INDIVIDUAL HAS SERVED AS A CORPORATE AUDITOR FOR 8 YEARS. THE SECOND TEAM MEMBER IS A BOARD MEMBER WITH OVER 15 YEARS OF EXPERIENCE AND IS THE CHAIRMAN OF THE BOARD OF DIRECTORS FOR CENTRAL STAR CREDIT UNION. THE THIRD TEAM MEMBER IS CENTRAL STAR'S CEO WHO HAS OVER 20 YEARS OF EXPERIENCE. THE FINAL TEAM MEMBER IS THE CFO WHO HAS OVER 20 YEARS OF EXPERIENCE IN THE AREA OF ACCOUNTING. THIS TEAM MEETS TO REVIEW DOCUMENTATION INCLUDED IN THE UBIT & 990 RETURNS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD MEMBERS, ALL VOLUNTEERS, SIGN A CONFLICT OF INTEREST STATEMENT. THE BOARD CHAIR COMMUNICATES WITH THE FULL BOARD THAT CENTRAL STAR DOES NOT PERMIT BOARD MEMBERS TO ENGAGE IN OR PROMOTE RELATIONSHIPS THAT EXPOSE CENTRAL STAR TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE UTILIZES AN INDEPENDENT THIRD PARTY TO GIVE GUIDANCE ON SALARY ADJUSTMENTS. GOALS ARE ESTABLSIHED, PERFORMANCE REVIEWED AND COMPENSATION IS DETERMINED. COMPENSATION FOR THE OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION ARE DETERMINED BY USING INFORMATION PROVIDED BY USING AN IDEPENDENT THIRD PARTY TO GIVE GUIDANCE ON SALARY ADJUSTMENTS. GOALS ARE ACHIEVED AND PERFORMANCE OF OFFICER AND KEY EMPLOYEE ARE REVIEWED. HR MANAGER GIVES CEO RECOMMENDATIONS AND PERTINENT INFORMATION. THE CEO MAKES THE FINAL DETERMINATION ON SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 CENTRAL STAR CREDIT UNION UPON REQUEST MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC. ADDITIONALLY, EACH CREDIT UNION BRANCH HAS QUARTER END FINANCIAL STATEMENTS POSTED. FINANCIAL STATEMENTS ARE ALSO PROVIDED TO ENTIRE MEMBERSHIP AT THE ANNUAL MEETING AND ARE APPROVED BY MEMBERSHIP. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAINS ON INVESTMENTS 328,560. PRIOR PERIOD ADJUSTMENTS 156,805. TOTAL TO FORM 990, PART XI, LINE 5: 485,365. CENTRAL STAR FINANCIAL SOLUTIONS LLC 9555 CORPORATE HILLS DRIVE WICHITA KS 67207 MRTG/INSUR KS 63668 167667 CENTRAL STAR CREDIT UNION