2025-11-05T16:32:15-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 840402825 CREDIT UNION OF THE ROCKIES CRED 3032735200 PO BOX 19129 GOLDEN CO 80402 ROBERT BRUHN CFO 3032735200 2025-11-05 1 0 AUBREY CLEGG P01076395 3052328272 2025-11-04 2024 2025-03-06 01:10:19Z PETER BULLARD PO BOX 19129 GOLDEN CO 80402 6245542 0 X WWW.CU-ROCKIES.ORG X 1937 CO TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY PROVIDING THEM THE OPPORTUNITY TO ACCUMULATE SHARES AND TO MAKE LOANS FROM THEM. 6 6 40 12 7325 0 0 0 5375506 5396227 422198 827543 11369 17372 5809073 6241142 0 0 0 0 2606685 2857988 0 0 0 2922048 3189603 5528733 6047591 280340 193551 114491021 108620049 103965218 97544832 10525803 11075217 X OUR VISION IS TO BE THE FOREMOST PROVIDER OF FINANCIAL SOLUTIONS ENRICHING BOTH OUR MEMBERS' LIVES AND THE MOUNTAIN COMMUNITIES WE SERVE. OUR MISSION IS TO HELP OUR MEMBERS ACHIEVE THEIR FINANCIAL DREAMS, WHILE OUR ASPIRATION IS TO BECOME THE MORE TRUSTED SOURCE OF FINANCIAL SERVICES IN THE COLORADO ROCKY MOUNTAIN REGION. 0 0 PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO NEARLY 9,000 MEMBERS OF THE CREDIT UNION. 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 1 1 1 0 1 1683 0 1 40 1 1 1 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 1 1 1 1 0 CO X ROBERT BRUHN 3032735200 PO BOX 19129 GOLDEN CO 80402 MARTINA FERRIS CHAIRPERSON 1.00 X 3038 0 0 DAVID REYNOLDS VICE CHAIRPERSON 0.50 X 5100 0 0 WENDY DAVIS SECRETARY/TREASURER 0.50 X 5100 0 0 THOMAS DAVIDSON DIRECTOR 0.50 X 5100 0 0 MILFORD ADAMS DIRECTOR 0.50 X 5100 0 0 ANDREW MCCABE DIRECTOR 0.50 X 5100 0 0 NATHANIEL PETERSON DIRECTOR 0.50 X 2125 0 0 PETER BULLARD PRESIDENT/CEO 50.00 X 224328 0 20096 ROBERT BRUHN CFO 50.00 X 138874 0 15619 KARRIE MARCHESE COO 50.00 X 129257 0 19136 523122 0 54851 3 0 1 0 MEMBER DRIVEN TECHNOLOGIES 30230 ORCHARD LAKE ROAD FARMINGTON HILLS MI 48334 IT SERVICES 356584 JEFFERSON OFFICE PARK LLLP 12 WARD CT LAKEWOOD CO 80228 PROPERTY MANAGEMENT 300650 2 INTEREST ON LOANS TO M 522100 4151623 4151623 OTHER PROGRAM SERVICE 522100 628642 628642 FEES CHARGED TO MEMBER 522100 576708 576708 CREDIT CARD FEES 522100 31929 31929 FINANCE AND INSURANCE 520000 7325 7325 5396227 827543 827543 4072 4072 17700 4400 13300 13300 13300 6241142 5402202 7325 831615 X 577973 1709919 102943 254302 212851 12322 42541 157217 73160 470490 381880 177232 10811 50757 903207 91296 49621 VISA EXPENSE 299713 LOAN EXPENSES 155096 PROVISION FOR LOAN LOSS 137614 MISCELLANEOUS 76490 100156 6047591 754799 899554 7416946 9994155 126620 127689 82042461 76455752 626370 409368 2965205 2299940 675623 665265 14935912 14651381 1282644 1214821 4347 1738 6625299 4200326 114491021 108620049 254011 274924 103711207 97269908 103965218 97544832 X 0 0 0 0 10525803 11075217 10525803 11075217 114491021 108620049 193551 355863 0 X 0 0 0 49989 49989 1246184 821809 424375 197215 167428 29787 1471817 1310703 161114 665265 MEMBER SHARE & DEPOSIT ACCOUNTS 96494637 OTHER LIABILITIES 775271 97269908 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY THE STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X X X 0 0 0 PETER BULLARD PRESIDENT/CEO 192959 0 16000 0 15369 0 13475 0 6621 0 244424 0 0 0 ROBERT BRUHN CFO 138874 0 0 0 0 0 8469 0 7150 0 154493 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS ONE CLASS OF MEMBERS WHO HAVE EQUAL VOTING RIGHTS. THE CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE THAT IS OPERATED FOR THE BENEFIT OF ANY PERSON WHO LIVES OR WORKS IN SUMMIT, CLEAR CREEK, GILPIN, GRAND, EAGLE AND JEFFERSON COUNTY, AND VARIOUS SELECT EMPLOYEE GROUPS AND THEIR FAMILIES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE FOR MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS ARE SUBJECT TO THE APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE TEAM OF THE CREDIT UNION (CEO, CFO AND COO) WILL REVIEW THE FORM 990 BEFORE FILING. THE BOARD WILL BE MADE AWARE OF THE FILING AND BE PROVIDED A COPY OF THE RETURN IN THEIR NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ARE REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST STATEMENT ANNUALLY. COMPLIANCE WITH REQUIREMENTS ENFORCED THROUGH ANNUAL DISCLOSURE AND SENIOR MANAGEMENT MONITORING. FORM 990, PART VI, SECTION B, LINE 15 THE EMPLOYEE MANUAL STIPULATES THAT ALL EMPLOYEES ARE REQUIRED TO HAVE AN ANNUAL REVIEW OF THEIR ACCOMPLISHED WORK IN RELATION TO OBJECTIVES SET AT THE BEGINNING OF THE REVIEW PERIOD BY THEIR SUPERVISOR. THE BOARD CHAIR AND VICE-CHAIR ESTABLISH THE OBJECTIVES AND PREPARE THE REVIEW FORM WHICH IS DOCUMENTED IN THE CEO'S EMPLOYEE FILE. OFFICER REVIEWS AND COMPENSATION ADJUSTMENTS ARE PERFORMED BY THE CEO AND DOCUMENTED IN THE EMPLOYEES' FILES. INDUSTRY COMPENSATION DATE IS USED FOR SIMILAR SIZE INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISPLAYED MONTHLY IN THE BRANCH OFFICES AND QUARTERLY FINANCIALS ARE AVAILABLE ON THE NCUA'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY ARE PROVIDED TO MEMBERSHIP UPON REQUESTS BEING APPROVED BY THE BOARD. FORM 990, PART IX, LINE 11G PAYROLL ADMINISTRATIVE FEES 28,972. OTHER PROFESSIONAL SERVICES 128,245. FORM 990, PART IX, LINE 24E COMMUNICATIONS 42,621. DUES/FEES 35,830. BANK SERVICE CHARGES 21,705. RANDALL J MIMS AND WILLIAM L GRUBBS 2016 IRREVOCABLE TRUST 607 19TH ST GOLDEN CO 80401 816545069 HOLD INSURANCE POLICY CO CREDIT UNION OF THE ROCKIES T 43841 2350488 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RANDALL J MIMS AND WILLIAM L GRUBBS 2016 IRREVOCABLE TRUST A 43841 ACTUAL ACCRUED INTEREST RANDALL J MIMS AND WILLIAM L GRUBBS 2016 IRREVOCABLE TRUST D 2350488 ACTUAL LOAN BALANCE