2024-11-12T11:09:43-06:00 2023-12-31 840919886 JONES MERTSCHING CPAS PC 32186 CASTLE COURT SUITE 220 EVERGREEN CO 80439 990 2023-01-01 846031137 FELLOWSHIP CREDIT UNION FELL 7193365511 PO BOX 876 LAMAR CO 81052 HEATHER GALLEGOS CCO 7193365511 2024-11-12 1 0 ERIC L JONES CPA P00634170 3034809090 2024-11-12 2023 2024-10-15 13:58:12Z BRIAN KANE PO BOX 876 LAMAR CO 81052 2495173 0 X WWW.FELLOWSHIPCREDITUNION.COM X 1959 CO THE MISSION OF FELLOWSHIP CREDIT UNION IS TO ENCOURAGE ECONOMIC STABILITY AMOUNG THE MEMBERSHIP BY PROVIDING FINANCIAL EDUCATION, AFFORDABLE FINANCIAL PRODUCTS AND EXTRAORDINARY SERVICE. 5 5 0 8 0 0 0 0 2249641 2469410 -63838 25763 0 0 2185803 2495173 0 0 0 0 984299 1071848 0 0 0 878701 1016027 1863000 2087875 322803 407298 41386798 43706733 37587880 39500517 3798918 4206216 THE MISSION OF FELLOWSHIP CREDIT UNION IS TO ENCOURAGE ECONOMIC STABILITY AMOUNG THE MEMBERSHIP BY PROVIDING FINANCIAL EDUCATION, AFFORDABLE FINANCIAL PRODUCTS AND EXTRAORDINARY SERVICE. 0 0 A. OPERATED FELLOWSHIP CREDIT UNION FOUNDATION, INC. - THE FOUNDATION WAS ESTABLISHED TO PROVIDE SCHOLARSHIP FUNDS FOR AREA STUDENTS TO ASSIST THEM IN COLLEGE EXPENSES AND ALSO TO HELP FUNDS FOR LOCAL HIGH SCHOOLS TO IMPLEMENT FINANCIAL EDUCATION PROGRAMS IN THEIR SCHOOLS.B. FINANCIAL EDUCATION AND TRAINING IN THE LOCAL MIDDLE SCHOOLS AND HIGH SCHOOLS.C. FRAUD IDENTIFY THEFT PREVENTION EDUCATION FOR SENIOR CITIZENS AND THE ELDERLY IN THE LOCAL COMMUNITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 1427 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X FELLOWSHIP CREDIT UNION 7193365511 PO BOX 876 LAMAR CO 81052 LINDA WILGER DIRECTOR 1.00 X 0 0 0 JESSE KALMA CHAIRPERSON 2.00 X 0 0 0 BEATRICE HAGGARD SECR / TREAS 1.00 X 0 0 0 GARY MELCHER VICE CHAIR 1.00 X 0 0 0 PATTIE QUARLES DIRECTOR 1.00 X 0 0 0 BRIAN KANE CEO 40.00 X 130935 0 12095 TYREN RUSHTON CLO 40.00 X 91922 0 10864 HEATHER GALLEGOS CCO 40.00 X 86082 0 10007 308939 0 32966 1 0 0 0 ENVISANT 1807 W DIEHL ROAD NAPERVILLE IL 60563 DEBIT AND CREDIT CARD PROCESSING 153012 1 INTEREST MEMBER LOANS 522100 2149464 2149464 FEES MEMBER SERVICE 522100 171204 171204 OTHER OPERATING INCOME 522100 148742 148742 2469410 25763 25763 2495173 2469410 0 25763 X 341905 582255 8645 55971 83072 30586 286522 22080 76857 12454 12198 99102 DIVIDENDS & INTEREST -M 233300 OFFICE OPERATIONS 154785 LOAN SERVICING 35416 PROVISION FOR LOAN LOSS 34503 18224 2087875 1064287 892768 2047597 1338966 36280131 39172755 2289226 846479 1255761 1442747 739022 859497 41386798 43706733 217759 217584 37370121 39282933 37587880 39500517 X 0 0 0 0 3798918 4206216 3798918 4206216 41386798 43706733 407298 0 X 0 0 0 516184 516184 1691068 774877 916191 81974 71602 10372 1442747 MEMBER SHARES, DEPOSITS AND CERTIFICATES 39282933 39282933 FORM 990, PART 1,LINE 5 &PART V, LINE 2A NUMBER OF EMPLOYEES IS REPORTED AS ZERO AS THE CREDIT UNION DOES NOT FILE FORM W-3. COADVANTAGE , AS COMMON PAYMASTER, FILES FORM W-3 UNDER THEIR OWN FEIN TO REPORT THE COMPENSATION OF ALL CREDIT UNION EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE FIELD OF MEMBERSHIP OF THE CREDIT UNION SHALL BE: (A MEMBER OF THE IMMEDIATE FAMILY OF ANY PERSON WHO IS ELIGIBLE FOR MEMBERSHIP IN THE CREDIT UNION MAY ALSO BE ADMITTED TO MEMBERSHIP THEREIN). PERSONS WHO WORK OR RESIDE IN THE COUNTY OF PROWERS AND PERSONS WHO RESIDE IN THE COUNTIES OF KIOWA, BACA, BENT, OTERO, CROWLEY, CHEYENNE, KIT CARSON, LINCOLN, ELBERT, LAS ANIMAS, HUERFANO, CUSTER, WASHINGTON, YUMA, PHILLIPS, SEDGWICK, LOGAN, COSTILLA, CONEJOS, SAN JUAN, DOLORES, SAN MIGUEL, RIO GRANDE, ARCHULETA, OURAY, GUNNISON, LAKE AND PARK, COLORADO AND MEMBERS OF THEIR IMMEDIATE FAMILY. MEMBERSHIP MAY INCLUDE ANY SMALL GROUP THAT HAS A COMMON BOND OF EMPLOYMENT OR ASSOCIATION PROVIDED THAT SAID GROUP HAS BEEN ACCEPTED IN ACCORDANCE WITH THE RULES AND REGULATIONS OF THE DIVISION OF FINANCIAL SERVICES. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE GOVERNING BODY IS ELECTED AT THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MERGER - REQUIRES TWO THIRDS MAJORITY VOTE OF VOTING MEMBERS. CHARTER CONVERSION - REQUIRES TWO THIRDS MAJORITY VOTE OF VOTING MEMBERS. DISSOLUTION AND LIQUIDATION - REQUIRES MAJORTY VOTE OF ENTIRE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE CREDIT UNION'S CEO, AND CCO BEFORE IT IS ELECTRONICALLY FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DISCLOSURE IS DONE ANNUALLY AND IS ALSO INCLUDED IN PERIODIC POLICY REVIEWS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND OTHER OFFICER COMPENSATION IS DETERMINED BY REVIEWING COMPARABLE JOB DESCRIPTIONS AND THE PAY SCALE IS DETERMINED BY COMPARABLE SALARIES BEING PAID FOR THE SAME POSITION. THE COMPARABLES ARE PROVIDED BY GOWEST CREDIT UNIONASSOCIATION AND THE CREDIT UNION NATIONAL ASSOCIATION. THIS IS DONE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER 286,522. FELLOWSHIP CREDIT UNION FOUNDATION INC 803 E OLIVE ST LAMAR CO 81052 263671626 EDUCATION FOUNDATION CO 501(C)(3) PF 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0