2011-11-14T10:11:26-00:00 2010-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2010-01-01 840146595 BELLCO CREDIT UNION BELL 3036897800 PO BOX 6611 GREENWOOD VILLAGE CO 801556611 DOUGLAS FERRARO 2011-11-09 true DOUGLAS ORTH 3052328272 2011-11-14 2010 2016-02-24 21:20:13Z DOUGLAS FERRARO 7600 E ORCHARD ROAD STE 400N GREENWOOD VILLAGE CO 80111 211501532 false 1948 X WWW.BELLCO.ORG X CREDIT UNION 1936 CO BELLCO IS A PROGRESSIVE, MEMBER-OWNED ORGANIZATION THAT PROVIDES COMPETITIVE FINANCIAL SERVICES TO MEET EVOLVING MEMBER NEEDS. WE WILL SUSTAIN PLANNED GROWTH TO FUND THE FUTURE WHILE MAINTAINING MEMBER CONFIDENCE THROUGH FINANCIAL STABILITY. WE WILL PROVIDE A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND CONTRIBUTE TO THE SOCIAL AND ECONOMIC WELL BEING OF OUR COMMUNITY. BELLCO IS A PROGRESSIVE, MEMBER-OWNED ORGANIZATION THAT PROVIDES COMPETITIVE FINANCIAL SERVICES TO MEET EVOLVING MEMBER NEEDS. WE WILL SUSTAIN PLANNED GROWTH TO FUND THE FUTURE WHILE MAINTAINING MEMBER CONFIDENCE THROUGH FINANCIAL STABILITY. WE WILL PROVIDE A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND CONTRIBUTE TO THE SOCIAL AND ECONOMIC WELL BEING OF OUR COMMUNITY. 9 8 509 11 103399 -218481 0 143325097 119516759 2276650 1727936 522366 145601747 121767061 0 0 22015765 22299233 0 0 117872064 80733278 139887829 103032511 5713918 18734550 1965339287 1919940851 1785431324 1721978928 179907963 197961923 BELLCO IS A PROGRESSIVE, MEMBER-OWNED ORGANIZATION THAT PROVIDES COMPETITIVE FINANCIAL SERVICES TO MEET EVOLVING MEMBER NEEDS. WE WILL SUSTAIN PLANNED GROWTH TO FUND THE FUTURE WHILE MAINTAINING MEMBER CONFIDENCE THROUGH FINANCIAL STABILITY. WE WILL PROVIDE A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND CONTRIBUTE TO THE SOCIAL AND false false INCOME FROM CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. false false true false false false false false true false false false true false false true false false false false false false false false false false false true false true false false false false false false false false true false false false false true 136661 0 true 509 true true true false false false false false X 9 8 false false false false true true false true true false false false true true true true true true true false X DAN KAMPEN 3036897800 7600 E ORCHARD ROAD STE 400N GREENWOOD VILLAGE CO 80111 S BRAYMAN 004.00 X 0 0 0 J PRANCAN 005.00 X 0 0 0 D POWERS 005.00 X 0 0 0 G LANDIS 004.00 X 0 0 0 W FLEMING 004.00 X 0 0 0 J DOWNS 004.00 X 974 0 0 S KREIS 004.00 X 1125 0 0 A MURRAY 004.00 X 0 0 0 S ANGELIER 002.00 X 0 0 0 CD KIKUMOTO 002.00 X 0 0 0 T MCCONNELL 002.00 X 0 0 0 D FERRARO 040.00 X X 537808 0 269337 S BLODGETT 040.00 X 202153 0 10945 J RUBY 040.00 X 179398 0 34721 R BRUHN 040.00 X 136816 0 7037 T STONEBRAKER 040.00 X 153654 0 26144 S SAGEHORN-ELLIOTT 040.00 X 160170 0 33478 L DOWNEY 040.00 X 149279 0 33785 D O'GORMAN 040.00 X 106098 0 5308 K MARCHESE 040.00 X 111132 0 18449 G GOODELL 040.00 X 104363 0 5179 1842970 444383 10 true true false THE ROCHDALE GROUP 8700 INDIAN CREEK PARKWAY SUITE 120 OVERLAND PARK KS 66210 CONSULTANT 716931 PROTIVITI 12269 COLLECTIONS CENTER DR CHICAGO IL 60693 INTERNAL AUDIT 217651 KEITH KERNS 6633 W GEDDES AVENUE LITTLETON CO 80128 APPRAISER 119180 ALM FIRST FINANCIAL ADVISORS 6688 N CENTRAL EXPRESSWAY SUITE 200 DALLAS TX 75206 CONSULTANT 118333 4 INCOME ON LOANS 522100 95903532 95903532 FEES/CHARGES/OTHER 522100 23509828 23509828 UNRELATED BUSINESS INCOME 524298 103399 103399 119516759 1142022 1142022 90320385 89734471 585914 585914 587914 GAIN ON STOCK INVESTMENT 522210 522366 522366 522366 121767061 121665662 103399 0 0 0 0 2287353 2287353 0 15045140 15045140 890680 890680 2827030 2827030 1249030 1249030 2514406 2514406 112191 112191 362680 362680 0 0 710183 710183 3339965 3339965 3003343 3003343 4044232 4044232 0 3167503 3167503 115621 115621 0 60363 60363 19862011 19862011 0 3816351 3816351 192620 192620 SEE ATTACHED SCHEDULE 39431809 39431809 0 103032511 103032511 13115049 28473217 325147206 274016745 3737223 3931441 1753577 1118780 1547989450 1430981492 1146498 1403500 62132091 35502511 22208246 26629580 6596790 120104527 5643614 4535632 38001634 28745937 1965339287 1919940851 11986881 20594081 122857141 25000000 1650587302 1676384847 1785431324 1721978928 X 179907963 197961923 179907963 197961923 1965339287 1919940851 X 18734550 -680590 X false true true X false 50000 50000 50000 true VOICES OF MAIN STREET PO BOX 6127 DENVER CO 80206 273480968 50000 I-A 1 IN SUPPORT OF THE CREDIT UNION ASSOCIATION OF COLORADO CAMPAIGN EFFORTS. false 11322660 11322660 14143687 6272522 7871165 5809914 4526966 1282948 20882967 15696031 5186936 9972863 9006992 965871 26629580 SHARES 240383525 SHARE DRAFTS 274336469 MONEY MARKET 584150431 CERTIFICATES 536084676 IRA SHARES 41429746 1676384847 121767061 103032511 18734550 -680590 -680590 18053960 122197014 787946 787946 121409068 357993 357993 121767061 103462464 -357993 -357993 103820457 -787946 -787946 103032511 X 2 FIN 48 IS NOT APPLICABLE. XII 2D AMORTIZATION ON MORTGAGE SERVICING RIGHTS 787,946. XII 4B LOSS ON SALE OF OREO 222,059 PLUS GAIN ON SALE OF EXPERION STOCK 522,366 PLUS AMORTIZATION ON GAIN OF ATM SALE/LEASEBACK 57,686 EQUALS 357,993. XIII 2D LOSS ON SALE OF OREO 222,059 PLUS GAIN ON SALE OF EXPERION STOCK 522,366 PLUS AMORTIZATION ON GAIN OF ATM SALE/LEASEBACK 57,686 EQUALS 357,993. XIII 4B AMORTIZATION ON MORTGAGE SERVICING RIGHTS 787,946. X X X true true X X X X true true false D FERRARO 533686 4122 256000 13337 807145 S BLODGETT 193110 9043 8329 2616 213098 J RUBY 179122 276 17827 16894 214119 R BRUHN 136816 7037 143853 T STONEBRAKER 153378 276 14837 11307 179798 S SAGEHORN-ELLIOTT 159550 500 120 16108 17370 193648 L DOWNEY 149003 276 14981 18804 183064 I 4a R. Bruhn- 75,000 I 4b R. BRUHN- 59,302 S.BLODGETT 100,541 BOTH INCLUDED IN AMOUNTS REPORTED IN SCHEDULE J J RUBY MORTGAGE LOAN X 210600 184304 false true true L DOWNEY MORTGAGE LOAN X 211000 191545 false false true L DOWNEY MORTGAGE LOAN X 190000 173373 false false true S SAGEHORN-ELLIOTT MORTGAGE LOAN X 350000 328382 false false true S SAGEHORN-ELLIOTT AUTO LOAN X 20871 15607 false false true G GOODELL AUTO LOAN X 17029 8950 false false true G GOODELL MORTGAGE LOAN X 210000 202793 false false true G GOODELL AUTO LOAN X 15181 13826 false false true 1118780 Form 990 Part VI 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI 11 THE DIRECTOR OF FINANCE IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN. UPON COMPLETION, THE RETURN IS REVIEWED BY EXECUTIVE MANAGEMENT AND THE PRESIDENT/CEO, ONCE ALL PARTIES HAVE COMPLETED THEIR REVIEWS AND ANY NECESSARY CORRECTIONS ARE MADE, THE RETURN IS FILED. THE BOARD OF DIRECTORS WILL REVIEW THE FORM 990 SUBSEQUENT TO FILING. Form 990 Part VI 12C HUMAN RESOURCES IS NOTIFIED BY RISK MANAGEMENT AND OTHERS ABOUT POTENTIAL CODE OF ETHICS VIOLATIONS WHICH THEY FULLY INVESTIGATE. A DECISION IS THEN MADE CONCERNING THE ACTIONS THAT SHOULD BE TAKEN FOR THE VIOLATION. Form 990 Part VI 19 THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING. Form 990 Part VI 7A CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. Form 990 Part VI 15A MARKET DATA IS PREPARED BY THE VP OF HUMAN RESOURCES FOR ALL EXECUTIVE POSITIONS. SUBTANTIATION OF THE DECISION IS GIVEN IN WRITTEN PERFORMANCE EVALUATIONS FOR ALL EXECUTIVES. Form 990 Part XI 5 UNREALIZED LOSS ON AVAILABLE-FOR-SALE SECURITIES. BELLCO FINANCIAL SERVICES LLC PO BOX 6611 GREENWOOD VILLAGE CO 80155 820581022 FINANCIAL SERVICES CO 308760 N/A