2024-11-11T16:17:40-07:00 2023-12-31 311364689 Schmidt & Associates P O Box 2588 Columbus OH 43216 990 2023-01-01 340151733 261 THE CLEVELAND POLICE CREDIT UNION INC 261T 2168613535 2301 Payne Avenue Cleveland OH 44114 Yolanda Roldan Manager 2168613535 2024-05-03 1 1 Melissa Schmidt P01607816 6145291640 2024-03-11 2023 2024-10-15 13:58:12Z Cleveland Police Credit Union Yolanda Roldan 2301 Payne Avenue Cleveland OH 44114 2183279 0 X www.clevepolicecu.com X 1938 OH Cleveland Police Credit Union is a financial institution cooperative organized to provide loan and deposit products and services for its member owners. 11 10 13 19 -8066 0 0 0 1506074 1611226 247477 567223 -9170 -8446 1744381 2170003 0 0 0 0 724071 707411 0 0 0 893894 964433 1617965 1671844 126416 498159 43235629 41153105 39455529 36983852 3780100 4169253 The purpose of the Cleveland Police Credit Union is to serve the financial needs of our members with personal service, competitive rates, and to provide the best financial services at the most efficient cost while at the same time maintaining a sound financial position. 0 0 1277474 0 2178069 The organization is a state chartered member owned cooperative credit union that provides financial services and products to the member owners. Loan Servicing Expense Dividend and Interest paid to members All other program expenses. Benefits paid to members - Life Savings 0 0 0 1277474 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 152 0 1 13 1 1 1 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X The Cleveland Police Credit Union Inc Cleveland Police Credit Union 2168613535 2301 Payne Ave Cleveland OH 44114 Yolanda Roldan Manager 40 0 X X 103228 0 27900 Regina Kelley Assistant Manager 40 0 X 58311 0 20800 Gary Cugini Secretary / Treasurer 15 0 X 22569 0 0 Roy Rich President 1 0 X 0 0 0 Timothy Leahy Vice President 1 0 X 0 0 0 Keith Scharf Director 1 0 X 0 0 0 Thomas McGuire Director 1 0 X 0 0 0 Joseph Chojnowski Director 1 0 X 0 0 0 Daniel Rowley Director 1 0 X 0 0 0 Robert Simon Director 1 0 X 0 0 0 David Swan Director 1 0 X 0 0 0 Brian Betley Director 1 0 X 0 0 0 James O'Malley Director 1 0 X 0 0 0 184108 0 48700 1 0 0 0 0 0 Interest on loans to members 522130 1054442 1054442 0 0 Fees to members 522130 556404 556404 0 0 Check cashing for nonmembers 522130 380 0 380 0 0 0 0 0 1611226 567223 567223 0 0 0 0 0 0 0 0 0 0 4830 0 13276 0 -8446 0 -8446 0 -8446 0 0 0 0 2170003 2178069 -8066 0 0 0 0 0 0 0 0 0 184107 58311 125796 0 0 0 0 0 327165 225974 101191 0 30675 23893 6782 0 124854 69423 55431 0 40610 27346 13264 0 15345 0 15345 0 4725 0 4725 0 16200 0 16200 0 0 0 0 0 0 0 0 0 0 0 5465 5465 0 0 12519 12519 0 0 69316 69316 0 0 212811 212811 0 0 0 0 0 0 89480 79538 9942 0 0 0 0 0 0 0 0 0 17363 6574 10789 0 27686 27686 0 0 0 0 0 0 66152 59203 6949 0 26886 26886 0 0 Share servicing (ATM, debit, draft) 209393 209393 0 0 Loan servicing (mortgage, collection) 163136 163136 0 0 Regulators 8859 0 8859 0 19097 0 19097 0 1671844 1277474 394370 0 919200 809776 3436566 3951204 0 0 103764 41606 0 0 0 0 16139910 18225619 0 0 21871 20003 1690520 946519 805535 744001 0 0 0 0 16929401 12967776 0 0 4879382 4393120 43235629 41153105 434517 450872 0 0 0 0 0 0 0 0 0 0 229877 0 0 0 38791135 36532980 39455529 36983852 X 0 0 0 0 3780100 4169253 3780100 4169253 43235629 41153105 X 498159 0 0 0 0 -109006 X 0 1 X 1 0 0 127698 127698 0 1160005 667043 492962 0 0 0 0 0 402817 279476 123341 0 0 0 0 744001 Insured certificates of deposit 12081000 C Federal Agency securities 500000 C Stock in Blue Line Financial Services 1000 C Ownership in corporate credit union 385776 C 12967776 Credit Union Owned Life Insurance 3831525 National Credit Union Share Insurance Fund deposit 373392 Accrued income 114513 Compensating balances 73690 4393120 0 Members share savings 22491050 Members money market savings 3649603 Members draft checking 7881855 Members IRA savings 964161 Members IRA certificates 2789 Members share certificates 1543522 36532980 2170003 0 0 0 0 0 2170003 0 0 0 2170003 1671844 0 0 0 0 0 1671844 0 0 0 1671844 Exempt - credit union Director X 1 1 0 1 1 1 Form 990, Part VI, Section A, Line 6 All credit unions by charter are member owned. Form 990, Part VI, Section A, Line 7a All of the governing body is elected by the membership. Form 990, Part VI, Section B, Line 11b The 990 is reviewed by management and the Board of Directors prior to submission. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is reviewed by the employees and the Board of Directors annually. Form 990, Part VI, Section B, Line 15 Compensation of key employees is approved by the Board of Directors. Independent compensation surveys are utilized as a tool in setting compensation levels. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial documents are made available upon request. Form 990, Part XI, Line 9 Other changes in net fund balances was the result in a change in accounting policies to adopt FASB Accounting Standards Update 2019-10 Topic 326 Financial Instruments - Credit Losses utilizing the Current Expected Credit Losses methodology. Blue Line Financial Services Inc Cleveland Police Credit Union 2301 Payne Ave Cleveland OH 44114 341867592 Financial Planning OH N/A C 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0