2024-11-08T12:15:28-06:00 2023-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2023-01-01 310395830 HOMELAND CREDIT UNION INC HOME 7407728911 25 CONSUMER CENTER DRIVE CHILLICOTHE OH 45601 TODD MCDONALD CFO 7407728911 2024-11-08 1 1 KATHY M MOSELEY P00116760 5138713033 2024-11-08 2023 2024-10-15 13:58:12Z SHAYNE POE 25 CONSUMER CENTER DRIVE CHILLICOTHE OH 45601 22775206 0 X WWW.HOMELANDCU.COM X 1932 OH THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 9 9 106 15 148084 0 0 0 10945122 12914921 5120313 9860285 0 0 16065435 22775206 0 0 0 0 5696933 5970309 0 0 0 7679971 15248448 13376904 21218757 2688531 1556449 513400298 571932886 468276139 519721412 45124159 52211474 THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 0 0 PROVIDES FINANCIAL SERVICES TO MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7182 0 1 106 1 1 1 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 0 X SHAYNE POE 7407728911 25 CONSUMER CENTER DRIVE CHILLICOTHE OH 45601 DENNIS MILLER CHAIRMAN 1.00 X X 0 0 0 BETH FOWLER TREASURER 1.00 X X 0 0 0 DONALD THOMPSON SECRETARY 1.00 X X 0 0 0 PHILIP BUTCHERS 1ST VICE CHAIRMAN 1.00 X 0 0 0 FREDERICK FAIRROW II 2ND VICE CHAIRMAN 1.00 X 0 0 0 DANA WIDMAYER BOARD MEMBER 1.00 X 0 0 0 MATHEW COSENZA BOARD MEMBER 1.00 X 0 0 0 SUSAN NATOLI BOARD MEMBER 1.00 X 0 0 0 ROBERT CHEMAS BOARD MEMBER 1.00 X 0 0 0 SHAYNE POE CEO 40.00 X 279642 0 0 HEATHER R IRWIN VP MEMBER SERVICES 40.00 X 168291 0 0 TODD J MCDONALD CFO 40.00 X 187055 0 0 JAMES H MATTHEWS JR VP IT 40.00 X 120693 0 0 SONDRA BUTLER HR DIRECTOR 40.00 X 131524 0 0 887205 0 0 5 0 1 0 KELLY HOPPER CONSULTING INC 1650 MARIETTA ROAD CHILLICOTHE OH 45601 MGMT CONSULTING 109302 1 INTEREST ON LOANS 522100 9810400 9810400 OTHER INCOME 522100 1188925 1040841 148084 LENDING-RELATED INCOME 522100 1002829 1002829 FEES & COMMISSIONS 522100 912767 912767 12914921 9860285 9860285 22775206 12766837 148084 9860285 755681 4409902 458757 345969 943634 960 102386 337446 2442145 1086083 407681 91517 8196399 278611 87124 PROVISION FOR LOAN LOSS 1003810 MISC. OPERATING EXPENSE 266487 PROFESSIONAL FEES 4165 21218757 3201469 2929910 35363774 51254008 170874275 179413749 11104595 8254383 2343633 2850212 268506645 298510987 24560031 23406187 8550471 13567833 513400298 571932886 2134926 3745100 20500000 466141213 495476312 468276139 519721412 X 0 0 0 0 45124159 52211474 45124159 52211474 513400298 571932886 X 1556449 5769689 -238823 X 0 1 X 1 0 857447 857447 4614439 3398134 1216305 5149065 4856249 292816 483644 483644 2850212 MEMBERS' SHARES AND DEPOSITS 495476312 495476312 X 22775206 0 22775206 0 22775206 21218757 0 21218757 0 21218757 PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB ASC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2019 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. 1 X X X 0 0 0 SHAYNE POE CEO 256109 0 2150 0 21383 0 0 0 0 0 279642 0 0 0 TODD J MCDONALD CFO 186205 0 850 0 0 0 0 0 0 0 187055 0 0 0 HEATHER R IRWIN VP MEMBER SERVICES 166091 0 2200 0 0 0 0 0 0 0 168291 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND ACKNOWLEDGEMENT REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY USING THIRD PARTY COMPARABLES. OTHER OFFICERS' COMPENSATION IS REVIEWED ANNUALLY BY MANAGEMENT AND ESTABLISHED USING THIRD PARTY COMPARABLES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNRECOGNIZED PENSION COSTS 149,055. EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -387,878.