2012-08-15T13:13:24-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2011-01-01 420190489 COLLINS COMMUNITY CREDIT UNION COLL 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 RICHARD J BENHART 3193939000 2012-08-07 1 KEVIN FINCHER P00291599 6022662248 2011 2016-02-24 21:20:13Z RICHARD J BENHART 1150 42ND STREET NE CEDAR RAPIDS IA 52402 51963807 0 X WWW.COLLINSCU.ORG X 1940 IA TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. 10 10 247 10 98837 -35343 0 0 31870632 32764137 3673224 4074588 -5536 141283 35538320 36980008 0 0 0 0 10983512 12080763 0 0 0 19260497 20066563 30244009 32147326 5294311 4832682 618865843 685583665 562441159 625199787 56424684 60383878 TO BUILD AN "ALL YOU NEED IS US" RELATIONSHIP BY ACTIVELY PROMOTING OUR PRODUCTS AND SERVICES TO OUR MEMBERSHIP AND THE COMMUNITY. 0 0 FINANCIAL DEPOSIT, LOAN AND SERVICE ACCOUNTS 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 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 0 1 21689 0 1 247 1 1 1 0 0 0 0 0 0 0 X 10 10 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IA X LAURIE BUTLER 3193939000 1150 42ND STREET NE CEDAR RAPIDS IA 52402 BARRY STUMP 1.00 X 4152 0 0 CYNTHIA BONEBRIGHT 1.00 X 1145 0 0 JAMES FINERTY 1.00 X 4038 0 0 JAMES LOCKE 1.00 X 1258 0 0 LARRY ERICKSON 1.00 X 1531 0 0 LISA GASPAR 1.00 X 1308 0 0 MARSHA SCHULTE 1.00 X 1134 0 0 MARTY CUTTER 1.00 X 9324 0 0 PETER SEYFER 1.00 X 1341 0 0 TOM MANOR 1.00 X 1009 0 0 WILLIAM KOOISTRA 1.00 X 1482 0 0 LAURIE BUTLER 40.00 X 162076 0 9864 RICHARD J BENHART 40.00 X 268786 0 19422 STEFANIE RUPERT 40.00 X 105467 0 6564 STEVEN SHEPHERD 40.00 X 177088 0 12928 JERALD BURNS 40.00 X 111110 0 13287 KAREN SWALLEY 40.00 X 112098 0 13072 SANDRA WHITTERS 40.00 X 120507 0 5817 TIM MEIER 40.00 X 105310 0 12746 TIM SEBETKA 40.00 X 125330 0 5311 1315494 0 99011 9 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6974 CHICAGO IL 606756974 DATA PROCESSING SERVICES 2246500 BRADLEY & RILEY PC PO BOX 2804 CEDAR RAPIDS IA 524062804 LEGAL SERVICES 389679 DIEBOLD INC PO BOX 643543 PITTSBURGH PA 152643543 EQUIPMENT REPAIR 175786 3 PROGRAM SERVICE REVENU 511110 32665300 32665300 UNRELATED BUSINESS INC 524298 98837 98837 32764137 4058387 4058387 15000000 14981456 2343 18544 -2343 16201 16201 NET INCOME(LOSS) FROM 522100 252678 252678 SALE OF FORECLOSE ASSE 522100 -111395 -111395 141283 36980008 36881171 98837 0 1414505 7551419 1492294 910355 712190 86328 65474 3836830 500042 659631 832402 8057370 985848 55489 OPERATIONS 3534090 OTHER EXPENSES 731622 PROVISION FOR LOSSES 721437 32147326 34779961 53331574 439024482 477827671 18947910 9784622 9754237 9163288 109721791 125710358 25585372 19550774 618865843 685583665 552441159 625199787 10000000 0 562441159 625199787 X 0 0 0 0 56424684 60383878 56424684 60383878 618865843 685583665 X 4832682 -873488 X X 0 1 1 X 0 2074301 2074301 9813449 4571513 5241936 612556 246271 366285 2245784 1824926 420858 4201820 3141912 1059908 9163288 AVAILABLE-FOR-SALE 111417358 F FHLB STOCK 793000 C OTHER INVESTMENTS 13500000 C 125710358 36980008 32147326 4832682 -873488 -873488 3959194 36986260 6252 6252 36980008 0 36980008 32153578 6252 6252 32147326 0 32147326 PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN UNREALIZED GAIN ON SECURITIES AVAILABLE-FOR-SALE 1,762,370. LOSS INCURRED IN CURRENT YEAR ON PENSION BENEFIT OBLIGATION -2,635,858. TOTAL TO SCHEDULE D, PART XI, LINE 8: -873,488. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM DISREGARDED ENTITY NETTED ON FORM 990 6,252. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM DISREGARDED ENTITY NETTED ON FORM 990 6,252. X X X X 1 1 X X X 0 1 0 LAURIE BUTLER 131299 0 29600 0 1177 0 13 0 9851 0 171940 0 0 0 RICHARD J BENHART 202283 0 52594 0 13909 0 8575 0 10847 0 288208 0 0 0 STEVEN SHEPHERD 138563 0 37270 0 1255 0 2932 0 9996 0 190016 0 0 0 PART I, LINE 4B RICHARD J. BENHART- NONQUALIFIED 457 PLAN PARTICIPANT $16,500.00 LIST OF STATES WITH QUALIFIED HEALTH PLANS FORM 990, PART V, LINE 13A IA FORM 990, PART VI, SECTION A, LINE 2 EMPLOYEE TIM MEIER HAS A FAMILY RELATIONSHIP WITH EMPLOYEE SAMANTHA FISH AND EMPLOYEE SCOTT MEIER. EMPLOYEE CHERYL BELL HAS A FAMILY RELATIONSHIP WITH EMPLOYEE HEIDI SHAW. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE RIGHTS/RESPONSIBILITY TO APPROVE THE ORGANIZATION'S MINUTES DURING THE ANNUAL MEETING. THE ORGANIZATION'S MEMBERS MUST APPROVE ANY MERGERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM WILL BE REVIEWED BY THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW EMPLOYEES AND BOARD OF DIRECTORS MUST READ AND SIGN A CREDIT UNION BRIBERY POLICY THAT OUTLINES EMPLOYEE AND DIRECTOR CODE OF CONDUCT AND REQUIRES DISCLOSURE OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS THEN DETERMINED BY THE CEO BASED ON PERFORMANCE REVIEWS AND COMPETITORS COMPARISONS. THE CREDIT UNION USES CREDIT UNION NATIONAL ASSOCIATION (CUNA) WAGES SURVEYS, OTHER MARKET SURVEYS AND 990 REPORTS FROM COMPARABLE ORGANIZATIONS WHEN DETERMINING COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION RELEASES ITS ANNUAL FINANCIAL STATEMENTS TO ALL OF ITS MEMBERS AND EMPLOYEES AT THE ANNUAL MEETING. A COPY OF THE MOST UPDATED CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS IS AVAILABLE TO MEMBERS AND THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN UNREALIZED GAIN ON SECURITIES AVAILABLE-FOR-SALE 1,762,370. LOSS INCURRED IN CURRENT YEAR ON PENSION BENEFIT OBLIGATION -2,635,858. TOTAL TO FORM 990, PART XI, LINE 5: -873,488. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS. 1150 PROPERTIES LLC 1150 42ND ST NE CEDAR RAPIDS IA 52402 420190489 PROPERTY MANAGEMENT SERVICES FOR SELECT PROPERTIES IA 252775 899290 COLLINS COMMUNITY CREDIT UNION