2024-11-13T12:27:32-06:00 2023-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2023-01-01 316034125 42 KEMBA CREDIT UNION INC 42KE 5137625070 5600 CHAPPELL CROSSING BLVD WEST CHESTER OH 45069 DANIEL L SUTTON CEO/PRESIDENT 5137625070 2024-11-12 1 1 KATHY M MOSELEY P00116760 5138713033 2024-11-12 2023 2024-10-15 13:58:12Z DANIEL L SUTTON 5600 CHAPPELL CROSSING BLVD WEST CHESTER OH 45069 82349712 0 X WWW.KEMBA.COM X 1934 OH PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 9 8 353 8 429972 0 0 0 63938467 78743990 2420840 3605722 0 0 66359307 82349712 0 0 0 0 20549281 22362711 0 0 0 29894587 54336255 50443868 76698966 15915439 5650746 1611175939 1625351193 1445322390 1453634103 165853549 171717090 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. MEMBER OWNED FINANCIAL COOPERATIVE WITH MISSION TO PROVIDE A SAFE AND SECURE INSTITUTION WITH A BROAD RANGE OF FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERS AT THE LOWEST POSSIBLE COST, WHILE MAINTAINING FINANCIAL STABILITY. 0 0 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 28241 0 1 353 1 1 1 0 0 0 0 0 1 0 X 9 8 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X X DANIEL J SCHROER CFO 5137625070 5600 CHAPPELL CROSSING BLVD WEST CHESTER OH 45069 DANIEL SUTTON PRESIDENT 40.00 X X 1043921 0 27885 THOMAS THOLE CHAIRMAN OF BOARD 0.00 X X 0 0 0 JEROME ZIEGELMEIER VICE CHAIRMAN BOARD 0.00 X X 0 0 0 DEBORAH DAVIS SECRETARY 0.00 X X 0 0 0 DAVID HANNA DIRECTOR 0.00 X 0 0 0 KATHRYN ASBROCK DIRECTOR 0.00 X 0 0 0 BRUCE RAINES DIRECTOR 0.00 X 0 0 0 ROBERT WEITZEL DIRECTOR 0.00 X 0 0 0 JEREMY BLACK DIRECTOR 0.00 X 0 0 0 DANIEL SCHROER CHIEF FINANCIAL OFFICER 40.00 X 377341 0 45802 DUANE STACKLIN CHIEF LENDING OFFICER 40.00 X 359308 0 27885 RYON BRUBAKER CHIEF TECHNOLOGY OFFICER 40.00 X 283731 0 27885 AMY DANIELS CHIEF RESOURCE OFFICER 40.00 X 288434 0 0 JOESEPH HUTSON GENERAL COUNSEL 40.00 X 199731 0 9296 DENNIS WANDER INDIRECT LENDING MANAGER 40.00 X 234705 0 20448 MICHAEL COX VP OF APPRAISAL MANAGEMENT CO. 40.00 X 153534 0 7851 JAMES MALOTT DIRECTOR OF MORTGAGE SERVICES 40.00 X 157332 0 15802 KRISTYN DIX VP OF CORPORATE LEARNING & DEVELOPMENT 40.00 X 160682 0 9296 3258719 0 192150 25 0 1 0 0 INTEREST ON LOANS 522100 62547672 62547672 FEES AND OTHER INCOME 522200 16196318 15766346 429972 78743990 3605722 3605722 82349712 78314018 429972 3605722 2482192 14176380 202750 4382907 1118482 116509 255165 1683677 12032615 1643195 226602 32117745 1438633 291398 PROVISION FOR LOAN LOSS 4231000 OTHER EXPENSES 299716 76698966 10449884 6241663 19748000 17004719 1437295739 1446358454 72219038 15582227 56624154 56636811 43482696 43412380 43575466 55697166 1611175939 1625351193 20498959 22333838 210000000 173000000 1214823431 1258300265 1445322390 1453634103 X 0 0 0 0 165853549 171717090 165853549 171717090 1611175939 1625351193 X 5650746 212795 X X 0 1 X 1 0 11887021 11887021 44196424 4396558 39799866 3173468 2367190 806278 11691062 8818479 2872583 1271063 1271063 56636811 MEMBERS' SHARES & DEPOSITS 1258300265 1258300265 X PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN X 1 1 X X X X 0 0 0 DANIEL SUTTON PRESIDENT 752885 0 274536 0 16500 0 0 0 27885 0 1071806 0 0 0 DANIEL SCHROER CHIEF FINANCIAL OFFICER 313923 0 47684 0 15734 0 30000 0 15802 0 423143 0 0 0 DUANE STACKLIN CHIEF LENDING OFFICER 304269 0 38539 0 16500 0 0 0 27885 0 387193 0 0 0 RYON BRUBAKER CHIEF TECHNOLOGY OFFICER 235000 0 35296 0 13435 0 0 0 27885 0 311616 0 0 0 AMY DANIELS CHIEF RESOURCE OFFICER 239519 0 35457 0 13458 0 0 0 0 0 288434 0 0 0 DENNIS WANDER INDIRECT LENDING MANAGER 178464 0 45079 0 11162 0 0 0 20448 0 255153 0 0 0 JOESEPH HUTSON GENERAL COUNSEL 168692 0 21882 0 9157 0 0 0 9296 0 209027 0 0 0 JAMES MALOTT DIRECTOR OF MORTGAGE SERVICES 137063 0 13416 0 6853 0 0 0 15802 0 173134 0 0 0 KRISTYN DIX VP OF CORPORATE LEARNING & DEVELOPME 132838 0 19995 0 7849 0 0 0 9296 0 169978 0 0 0 MICHAEL COX VP OF APPRAISAL MANAGEMENT CO. 145557 0 699 0 7278 0 0 0 7851 0 161385 0 0 0 PART I, LINE 1A WHEN BOARD DIRECTORS, SENIOR MANAGEMENT EMPLOYEES OR VOLUNTEERS ARE PARTICIPATING IN CREDIT UNION FOCUSED EDUCATIONAL AND PLANNING EVENTS, SPOUSAL/GUEST TRAVEL REIMBURSEMENT AND PAID PARTICIPATION FEES ARE PERMITTED FOR A SPOUSE OR ONE GUEST OF A BOARD DIRECTOR, SENIOR MANAGEMENT EMPLOYEE OR VOLUNTEER. IN ACCORDANCE WITH IRS TAX REQUIREMENTS, KEMBA CREDIT UNION, INC. WILL ISSUE A 1099-MISC TO EACH SPOUSE/GUEST WHOSE REIMBURSED EXPENSES ARE $600 OR GREATER IN A CALENDAR YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A AS A CREDIT UNION EACH MEMBER IN GOOD STANDING IS ENTITLED TO ONE VOTE TO ELECT THE MEMBER(S) OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CFO REVIEW THE IRS 990 PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS AN ELECTRONIC SYSTEM TO PROVIDE THE CONFLICT OF INTEREST QUESTIONS TO EVERY EMPLOYEE AND TRACKS EMPLOYEE COMPLETION. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION'S BENEFITS COMMITTEE ANALYZES SALARY DATA FROM HR PERFORMANCE SOLUTIONS WHEN ESTABLISHING THE SALARY FOR THE CEO. THE CREDIT UNION'S BENEFITS COMMITTEE ANALYZES SALARY DATA FROM HR PERFORMANCE SOLUTIONS WHEN ESTABLISHING THE SALARY FOR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 WE POST THE FINANCIAL STATEMENTS IN THE LOBBY OF EACH BRANCH OFFICE. WE MAKE THE GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN UNRECOGNIZED COSTS ON DEFINED BENEFIT PLAN 69,386. EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE 143,409. KEMBA HOLDINGS INC FKA CU ADVANTAGE INC 5600 CHAPPELL CROSSING BLVD WESTCHESTER OH 45069 311616047 INSURANCE & MORTGAGES OH C -371195 353894 1.00000 0 KEMBA REALTY INC 5600 CHAPPELL CROSSING BLVD WESTCHESTER OH 45069 311430687 REAL ESTATE OH C 1.00000 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 0 KEMBA HOLDINGS INC R 265381 CASH PAID KEMBA HOLDINGS INC J 9 CASH PAID KEMBA HOLDINGS INC J 5000 CASH PAID KEMBA HOLDINGS INC Q 10000 CASH PAID KEMBA HOLDINGS INC O 225442 CASH PAID KEMBA HOLDINGS INC B 250000 CASH PAID