CENTRAL STAR CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: CENTRAL STAR CREDIT UNION (EIN 48-0499356)
Tax period: 2010-04-01 to 2011-03-31
Filed: 2011-07-19
IRS object ID: 201102009349300810
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-07-19T13:40:22-04:00	Timestamp
Tax Period End Date	2011-03-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CBIZ MHM LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 W Douglas Suite 300	AddressLine1
City	Wichita	City
State	KS	State
ZIP Code	67202	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-04-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	480499356	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Central Star Credit Union	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CENT	NameControl
Phone	3166859555	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	9555 CORPORATE HILLS DR	AddressLine1
City	WICHITA	City
State	KS	State
ZIP Code	67207	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARY WEHNER	Name
Title	CFO	Title
Date Signed	2011-07-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PAMELA J PEPPARD CPAPFS	Name
Phone	3162655600	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	A LEE WILLIAMS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	9555 CORPORATE HILLS DRIVE	AddressLine1
City	WICHITA	City
State	KS	State
ZIP Code	67207	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	11312104	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.centralstar.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1940	YearFormation
State Legal Domicile	KS	StateLegalDomicile
Activity Or Mission Description	PROVIDE FIVE STAR SERVICE WITH CONSISTENT QUALITY AND CARE TO OUR MEMBERS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	46	TotalNbrEmployees
Total Nbr Volunteers	12	TotalNbrVolunteers
Total Gross UBI	163117	TotalGrossUBI
Net Unrelated Business Txbl Income	-58623	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5547742	ProgramServiceRevenuePriorYear
Program Service Revenue CY	5314972	ProgramServiceRevenueCY
Investment Income Prior Year	-17242	InvestmentIncomePriorYear
Investment Income Current Year	157239	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	5530500	TotalRevenuePriorYear
Total Revenue Current Year	5472211	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	9199	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	20240	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1904408	SalariesEtcPriorYear
Salaries Etc Current Year	1656967	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4664795	OtherExpensePriorYear
Other Expenses Current Year	4711548	OtherExpensesCurrentYear
Total Expenses Prior Year	6578402	TotalExpensesPriorYear
Total Expenses Current Year	6388755	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-1047902	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-916544	RevenuesLessExpensesCY
Total Assets BOY	72515764	TotalAssetsBOY
Total Assets EOY	68226464	TotalAssetsEOY
Total Liabilities BOY	65454388	TotalLiabilitiesBOY
Total Liabilities EOY	62349133	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	7061376	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5877331	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS WITH EXCELLENCE AND INTEGRITY. TO PROVIDE FINANCIAL LITERACY TOOLS FOR OUR MEMBERS AND OUR COMMUNITY AT LARGE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PROVIDE DEPOSIT SERVICES TO 8,991 MEMBER OWNERS. RETURN TO OUR MEMBERS SAFE MARKET OR ABOVE MARKET RETURNS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Description	PROVIDE A SOURCE OF CREDIT TO 5,700 BORROWERS. THESE LOANS ARE PROVIDED AT A FAIR AND REASONABLE COST.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Description	TO BE A SOURCE OF FINANCIAL LITERACY FOR OUR MEMBERS AND OUR COMMUNITIES. THIS IS DONE THROUGH THE FINANCIAL SEMINARS OFFERED TO ASSIST IN A VARIETY OF AREAS FROM BUDGETING TO FIRST TIME HOME BUYERS. PROVIDING FREE CREDIT COUNSELING AND FREE DEBT REDUCTION ASSISTANCE.	Description

Field	Value	IRS element (for citing)
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	3098	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	46	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	true	OfficerMailingAddress
Local Chapters	true	LocalChapters
Policies Reference Chapters	true	PoliciesReferenceChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	KS	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MARY WEHNER	NamePerson
Telephone Number	3166859555	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	9555 CORPORATE HILLS DRIVE	AddressLine1
City	WICHITA	City
State	KS	State
ZIP Code	67207	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
MARK BOWMAN
CHAIRMAN	6.0	X	X	0	0	0
SCOTT YEAKLEY
SECRETARY	9.0	X	X	0	0	0
MIKE HYBL
BOARD MEMBER	4.5	X		0	0	0
LARRY DUNTZ
TREASURER	12.0	X	X	0	0	0
BILL DELONG
BOARD MEMBER	2.5	X		0	0	0
FRED WILHOFT
VICE CHAIR	7.0	X	X	0	0	0
DANNY HOLST
BOARD MEMBER	5.0	X		0	0	0
A LEE WILLIAMS
CEO	50.0		X	139580	0	8413
MONICA ROBERTS
VICE PRESIDENT SALES & LENDING	50.0		X	63344	0	3838
MARY WEHNER
CFO	50.0		X	59032	0	3530

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	261956	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	15781	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount	Unrelated Business RevenueUnrelatedBusinessRevenue
INTEREST ON LOANS	523000	3336849	$3,336,849
INTEREST ON INVESTMENTS	523000	525704	$525,704
INCOME FROM FEES	523000	1452419	$1,289,302	163117

Field	Value	IRS element (for citing)
Total Program Service Revenue	5314972	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	5992732	Securities
Other	4400	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	5839893	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	152839	Securities
Other	4400	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	157239	TotalRevenueColumn
Exclusion	$157,239	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5472211	TotalRevenueColumn
Unrelated Business Revenue	163117	UnrelatedBusinessRevenue
Exclusion	$5,309,094	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	17240	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	3000	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	292230	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	992916	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	254974	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	116847	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	165042	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	312540	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	43976	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	169185	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	18547	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	34089	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	1679	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	239148	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	260531	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
DIVIDENDS ON SAVINGS ACCTS	793223
PROVISION FOR LOAN LOSS	1682098
DEPOSIT SERVICE EXPENSE	534162
EDUCATION & PROMOTION	100207
BANK CHARGES	21059

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	336062	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6388755	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	6302432	BOY
EOY	8386090	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3799000	BOY
EOY	1467509	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	41031332	BOY
EOY	42267523	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	234383	BOY
EOY	137665	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4840938	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3338623	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1708371	BOY
EOY	1502315	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	17124740	BOY
EOY	12644764	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2315506	BOY
EOY	1820598	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	72515764	BOY
EOY	68226464	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	65385326	BOY
EOY	62244192	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	69062	BOY
EOY	41268	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
EOY	63673	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	65454388	BOY
EOY	62349133	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	4877395	BOY
EOY	3966668	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	1835234	BOY
EOY	1835234	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	348747	BOY
EOY	75429	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7061376	BOY
EOY	5877331	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	72515764	BOY
EOY	68226464	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-916544	ReconcilationRevenueExpenses
Reconcilation Other Changes	-267501	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	366177	InvestmentCostOrOtherBasis
Book Value	366177	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1398016	InvestmentCostOrOtherBasis
Depreciation	545262	Depreciation
Book Value	852754	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	3076745	InvestmentCostOrOtherBasis
Depreciation	2793361	Depreciation
Book Value	283384	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	1502315	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
OTHER LIABILITIES	$4,317
ATM NETWORK CLEARING	$59,356

Field	Value	IRS element (for citing)
Total Of Amounts	63673	TotalOfAmounts
Total Revenue	5472211	TotalRevenue
Total Expenses	6388755	TotalExpenses
Excess Or Deficit For Year	-916544	ExcessOrDeficitForYear
Net Unrealized GL On Investments	267501	NetUnrealizedGLOnInvestments
Total Adjustments	267501	TotalAdjustments
Excess Or Deficit Per FS	-649043	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	5467811	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	5467811	RevenueSubtotal
Other Revenues Not Included	4400	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	4400	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	5472211	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6384355	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	-4400	OtherExpensesIncluded
Expenses Not Rptd F990	-4400	ExpensesNotRptdF990
Expenses Subtotal	6388755	ExpensesSubtotal
Total Expenses Per Form990	6388755	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Income/Expense not included in audited amounts	Form 990, Schedule D, Part XII, Line 4b and Part XIII, Line 2d	Gain/Loss on sale of fixed assets was included in miscellaneous expenses on the audited financial statements. The $4,400 was included in revenue on the 990 Forms.
FIN 48 Footnote	Form 990, Schedule D, Part X, Line 2	The Credit Union has adopted the guidance requiring measurement and disclosure of uncertain tax positions under the ASC Topic, "Income Taxes." Through March 31, 2011, the Credit Union had not identified any uncertain tax positions that are not more likely than not to be upheld. There has been no interest or penalties recognized in either the statements of financial condition or operations related to uncertain tax positions. In addition, no tax positions existed for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained
No Grant More Than5000	X	NoGrantMoreThan5000

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Description of Grants & Other Assistance monitoring	Identifier
Return Reference	Schedule I, Part IV	ReturnReference
Explanation	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 Credit Union will support that charity as deemed appropriate.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
TAX & UBIT REVIEW	FORM 990, PART VI, SECTION B, LINE 11	CENTRAL STAR HAS ESTABLISHED A UBIT & 990 REVIEW TEAM THAT CONSISTS OF THE BOARD CHAIR, THE BOARD TREASURER, THE SUPERVISORY CHAIR, THE CEO AND THE CFO. THE TEAM THEN REPORTS THEIR ANALYSIS TO THE FULL BOARD OF DIRECTORS AT THEIR REGULAR BOARD MEETINGS.
CONFLICT OF INTEREST	FORM 990, PART VI, SECTION B, LINE 12C	EACH YEAR THE BOARD MEMBERS, ALL VOLUNTEERS SIGN A CONFLICT OF INTEREST STATEMENT. THE BOARD CHAIR AND CEO ALSO COMMUNICATE WITH THE FULL BOARD AND VOLUNTEERS THROUGHOUT THE YEAR TO REINFORCE AND MONITOR THE CONFLICTS OF INTEREST. ALSO PART OF THE SUCCESSION PLANNING PROCESS.
CEO COMPENSASTION	FORM 990, PART VI, SECTION B, LINE 15A	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 ESTABLISHED ANNUALLY, PERFORMANCE REVIEWED AND COMPENSATION IS DETERMINED.
OTHER OFFICERS COMPENSASTION	FORM 990, PART VI, SECTION B, LINE 15B	COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES OF ORGANIZATION ARE DETERMINED BY USING THE INFORMATION PROVIDED BY THE INDEPENDENT THIRD PARTY TO GIVE GUIDANCE ON SALARY ADJUSTMENTS. GOALS ACHIEVED AND PERFORMANCE OF OFFICER AND KEY EMPLOYEES ARE REVIEWED. HR MANAGER GIVES CEO RECOMMENDATIONS AND PERTINENT INFORMATION. THE CEO MAKES THE FINAL DETERMINATION ON SALARY INCREASES.
AVAILABLE ORGANIZATIONAL DOCUMENTS	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.
ORGANIZATION'S MEMBERS	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.
ELECT BOARD AND APPROVE DECISIONS	Form 990, Part VI, Section A, Lines 7a & 7b	7a. All of the organization's members vote on who should be a member of the governing body. 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.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	Central Star Financial Solutions LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	9555 Corporate Hills Drive	AddressLine1
City	Wichita	City
State	KS	State
ZIP Code	67207	ZIPCode

Field	Value	IRS element (for citing)
Primary Activities	Mrtg/Insur	PrimaryActivities
Legal Domicile State	KS	LegalDomicileState
Total Income	0	TotalIncome
EOY Assets	0	EOYAssets