2025-11-13T13:06:07-06:00 2024-12-31 840919886 JONES MERTSCHING CPAS PC 32186 CASTLE COURT SUITE 220 EVERGREEN CO 80439 990 2024-01-01 846031895 HORIZONS NORTH CREDIT UNION HORI 3034511146 13559 HURON STREET WESTMINSTER CO 80234 THOMAS FLINTROP SVP/CFO 3034511146 2025-11-13 1 0 ERIC L JONES CPA P00634170 3034809090 2025-11-13 2024 2025-03-06 01:10:19Z BRADLEY HARVEY 13559 HURON STREET WESTMINSTER CO 80234 6821244 0 X WWW.HNCU.ORG X 1960 CO WE ARE DEDICATED TO SERVING THE MEMBERSHIP'S BEST INTERESTS, PROVIDING EXCEPTIONAL VALUE RELATIVE TO COST, AND EARNING TRUST AND CONFIDENCE BY OPERATING IN AN ETHICAL AND FINANCIALLY SOUND MANNER. 6 6 0 11 4082 0 0 0 5569675 6349030 346068 430824 39056 4082 5954799 6783936 0 0 0 0 1812157 1885542 0 0 0 3956696 4682748 5768853 6568290 185946 215646 117181333 120730991 107499732 110827344 9681601 9903647 WE ARE DEDICATED TO SERVING THE MEMBERSHIP'S BEST INTERESTS, PROVIDING EXCEPTIONAL VALUE RELATIVE TO COST, AND EARNING TRUST AND CONFIDENCE BY OPERATING IN AN ETHICAL AND FINANCIALLY SOUND MANNER. 0 0 CONSUMER LENDING - ESTABLISHING/MAINTAINING THE CREDIT OF OUR MEMBERS AND PROVIDING A LOWER COST BORROWING ALTERNATIVE.DEPOSIT PRODUCTS - ASSISTING MEMBERS WITH THE MANAGEMENT OF THEIR DAY TO DAY AND LONG TERM FINANCIAL NEEDS.INVESTMENTS/FINANCIAL PLANNING - ASSISTING MEMBERS WITH SHORT AND LONG TERM OBJECTIVES.COMMUNITY INVOLVEMENT WITH MAIN SEG - ADAMS 12 FIVE STAR SCHOOLS - INVOLVEMENT IN MANY ADAMS 12 PROGRAMS INCLUDING MENTORING, JUNIOR ACHIEVEMENT, SPONSORSHIPS, SCHOLARSHIPS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 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 1717 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X HORIZONS NORTH CREDIT UNION 3034511146 13559 HURON STREET WESTMINSTER CO 80234 MARILYN STANSBURY DIRECTOR 2.00 X 0 0 0 ROBERT WEBBER CHAIRMAN 4.00 X 0 0 0 DEBORAH CAPRA VICECHAIR 2.00 X 0 0 0 PAT HAMILTON TREASURER 2.00 X 0 0 0 MARK HINSON SECRETARY 2.00 X 0 0 0 NANCY SNEATH DIRECTOR 2.00 X 0 0 0 BRADLEY HARVEY FORMER PRESIDENT/CEO 40.00 X 76933 0 15902 BRIAN RESCH PRESIDENT/CEO 40.00 X 109851 0 11653 WILLIAM FOWLER SVP - LENDING 40.00 X 125974 0 33742 THOMAS FLINTROP SVP/CFO 40.00 X 139475 0 34055 452233 0 95352 3 0 1 0 0 INTEREST MEMBER LOANS 522100 5030217 5030217 PLASTICS & OTHER OP IN 522100 890657 890657 FEES MEMBER SERVICE 522100 428156 428156 6349030 435824 435824 32308 37308 -5000 -5000 -5000 NON-MEMBER ATM FEES 522100 2882 2882 WARRANTY SALES INCOME 524298 1200 1200 4082 6783936 6349030 4082 430824 547585 1024564 13657 156912 142824 38521 194967 191738 271772 56092 115835 257453 DIVIDENDS & INTEREST -M 1420294 OFFICE OPERATIONS 1159423 LOAN SERVICING EXPENSE 617823 OTHER OPERATING EXPENSE 253093 105737 6568290 210981 200139 4811859 9079687 26930 44000 87357348 90967207 812761 600065 9462978 2633620 7136917 6829358 283079 271274 2058328 1614992 14483130 11124269 117181333 120730991 -580457 -218261 3500000 0 104580189 111045605 107499732 110827344 X 0 0 0 0 9681601 9903647 9681601 9903647 117181333 120730991 215646 6400 0 X 0 0 0 976671 976671 6043471 536533 5506938 1719216 1577609 141607 723620 519478 204142 6829358 ACCRUED INTEREST RECEIVABLE 313558 NCUSIF DEPOSIT 1006661 OTHER ASSETS 5000 CORPORATE MEMBERSHIP SHARES 454050 CERTIFICATES OF DEPOSIT 9345000 11124269 MEMBER SHARES, DEPOSITS AND CERTIFICATES 111045605 111045605 X X 1 0 X X 0 0 0 THOMAS FLINTROP SVP/CFO 139475 0 0 0 0 0 3730 0 30325 0 173530 0 0 0 WILLIAM FOWLER SVP - LENDING 125974 0 0 0 0 0 3600 0 30142 0 159716 0 0 0 PART I, LINE 1A THE REPORTED OFFICERS RECEIVE A PER DIEM CASH ALLOWANCE FOR BUSINESS TRIPS AND THE CEO ALSO RECEIVES A GYM MEMBERSHIP WITH ANNUAL DUES OF $413. SUBSTANTIATION IS NOT REQUIRED FOR THE CASH ALLOWANCE SINCE IT IS A PER DIEM AMOUNT. SUBSTANTIATION IS NOT REQUIRED FOR THE GYM MEMBERSHIPS AS IT HAS BEEN IN PLACE FOR MORE THEN 5 YEARS. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - EMPLOYEES, STUDENTS AND FAMILY MEMBERS OF ADAMS 12 FIVE STAR SCHOOLS, EMPLOYEES OF THE CITY OF NORTHGLENN, EMPLOYEES OF AMERICAN FURNITURE WAREHOUSE, MEMBERS OF CONSUMERS UNITED, A FEW OTHER SMALLER BUSINESSES IN THE COMMUNITY, AND RESIDENTS AND PERSONS WHO WORK IN ADAMS, DENVER AND BROOMFIELD COUNTIES. THE CITY OF WESTMINSTER WAS ADDED TO THE FIELD OF MEMBERSHIP IN JULY 2021. A ONE TIME MEMBERSHIP FEE OF $5 MUST BE PAID AND THE MEMBER MUST MAINTAIN AT LEAST $5 IN THEIR SHARE ACCOUNT AT ALL TIMES. PROPER DOCUMENTATION (IDENTIFICATION) AND NO AMOUNT OWING ON A PRIOR NEGATIVE ACCOUNT RECORD. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP. CALLS FOR NOMINATIONS TO THE BOARD ARE MADE ON AN ANNUAL BASIS THROUGH THE NEWSLETTER, MAILINGS, AND ON THE WEBSITE. MEMBERS IN GOOD STANDING MAY BE NOMINATED FOR THE BOARD. BALLOTS ARE SENT OUT THROUGH THE SPRING NEWSLETTER AND THE ELECTION RESULTS ARE ANNOUNCED AT THE ANNUAL MEMBERSHIP MEETING IN MAY. 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. NAME CHANGES - REQUIRES A MAJORITY VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS PREPARED BY INDEPENDENT CPA FIRM AND THOROUGHLY REVIED BY CEO AND SVP/CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR AND SUPERVISORY COMMITTEE MEMBER MUST SIGN A CONFLICT ON INTEREST STATEMENT ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICTS (FAMILY ACCOUNTS, ETC.) FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION HAS AN ANNUAL REVIEW AND APPROVAL BY INDEPENDENT PERSONS (THE EMPLOYEE'S SUPERVISOR OR THE BOARD FOR THE CEO) AND A COMPLETED, DOCUMENTED REVIEW FORM IS FILED IN THE EMPLOYEE'S PERSONNEL FILE IMMEDIATELY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED MONTHLY IN THE ENTRYWAY OF THE CREDIT UNION'S ONLY LOCATION. 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.