Civic Intelligence

Central Star Credit Union

EIN 48-0499356 • 501(c)14 • Wichita, KS

Profile

To provide financial services to our members with excellence and integrity. To provide financial literacy tools for our members and our community at large.

9555 Corporate Hills DrWichita, KS 67207

www.centralstar.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

16.07x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2014

Net Margin

5th percentile

-11%

Higher net margin than 5% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

1.6%

Faster asset growth than 59% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2012 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$75,711,789

Down $1,952,813 (-2.5%) from 2013

Liabilities

Down

$70,076,242

Down $562,860 (-0.8%) from 2013

Net Assets

Down

$5,635,547

Down $1,389,953 (-20%) from 2013

Revenue

$4,360,859

No earlier filing loaded for comparison.

Expenses

Down

$4,855,553

Down $192,360 (-3.8%) from 2013

Net Income

-$494,694

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2011: $68,226,464Liabilities 2011: $62,349,133Net Assets 2011: $5,877,3312011Assets 2012: $73,326,189Liabilities 2012: $66,618,547Net Assets 2012: $6,707,6422012Assets 2013: $77,664,602Liabilities 2013: $70,639,102Net Assets 2013: $7,025,5002013Assets 2014: $75,711,789Liabilities 2014: $70,076,242Net Assets 2014: $5,635,5472014

Highlighted filing

2014

Assets$75,711,789
Liabilities$70,076,242
Net Assets$5,635,547

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $6,388,7552011Expenses 2012: $4,572,8542012Expenses 2013: $5,047,9132013Revenue 2014: $4,360,859Expenses 2014: $4,855,553Net Income 2014: -$494,6942014

Highlighted filing

2014

Revenue$4,360,859
Expenses$4,855,553
Net Income-$494,694

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Aug 13, 2014
Return Version
2013v3.0
Gross Receipts
$4,581,760
Mission and Program Overview

Mission

To provide financial services to our members with excellence and integrity. To provide financial literacy tools for our members and our community at large.

Provide five star service with consistent quality and care to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$47,505,512$43,475,088▼ $4,030,424
Investments Other Securities$17,251,902$15,969,958▼ $1,281,944
Savings and Temporary Cash Investments$2,081,072$6,334,589▲ $4,253,517
Cash and Non-Interest-Bearing Accounts$5,265,656$5,783,070▲ $517,414
Cap Stk Tr Prin Current Funds$5,035,673$4,616,207▼ $419,466
Land, Buildings, and Equipment, Net$1,504,678$2,118,721▲ $614,043
Pd in Cap Srpls Land Bldg Eqp Fund$1,835,234$1,835,234→ $0
Other Notes and Loans Receivable, Net$157,154$146,202▼ $10,952
Rtn Earn Endowment Incm Other Fnds$154,593$-815,894▼ $970,487
Total Assets$77,664,602$75,711,789▼ $1,952,813
Other Assets Total$3,898,628$1,884,161▼ $2,014,467
Liabilities
Accounts Payable and Accrued Expenses$70,255,016$69,613,299▼ $641,717
Other Liabilities$361,490$451,600▲ $90,110
Mortgage Notes Payable Secured by Investment Property$22,596$11,343▼ $11,253
Total Liabilities$70,639,102$70,076,242▼ $562,860
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,025,500$5,635,547▼ $1,389,953
Total Liabilities and Net Assets / Fund Balance$77,664,602$75,711,789▼ $1,952,813

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$371,660$2,430,649$2,802,309
Buildings$1,380,884$688,133$2,069,017
Land$366,177-$366,177
Other Securities$146,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
A Lee WilliamsCEOFT$146,034$34,138$180,172
Mary WehnerCFOFT$68,347$3,574$71,921
Monica RobertsVice PresidentFT$64,460$3,854$68,314

Board Members and Trustees

NameTitle
Larry DuntzChairman
Danny HolstVice Chairman
Fred WilhoftBoard Member
Mark BowmanBoard Member
Steve RichardsBoard Member
Scott YeakleySecretary
Bill DelongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,578,275
Investment Income
$-217,416
Other Revenue
$0
Change in Net Assets
$-494,694

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,570,773
Revenue Not Reported on Financial Statements
$-209,914
Revenue Not Reported on Form 990
$-815,894
Other Revenue Adjustments
$-209,914
Total Revenue per Audited Statements
$3,754,879
Total Revenue per Form 990
$4,360,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,145,224
Salaries, Compensation, and Employee Benefits$1,705,279
Grants and Similar Amounts Paid$5,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,094,109
Other Expenses---$419,644
All Other Expenses---$411,355
Current Officers, Directors, Trustees, and Key Employees---$320,407
Fees for Services Other---$227,153
Other Employee Benefits---$176,475
Depreciation Depletion---$161,065
Fees for Services Accounting---$139,918
Payroll Taxes---$114,288
Occupancy---$105,803
Office Expenses---$35,666
Insurance---$31,506
Travel---$23,232
Conferences and Meetings---$22,712
Grants to Domestic Orgs---$5,050
Interest---$727
Fees for Services Legal---$14
Total Functional Expenses$0$0$0$4,855,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,072,969
Expenses per Audited Statements$4,855,553
Total Expenses per Form 990$4,855,553
Expenses Not Reported on Form 990$217,416
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$451,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership at central star credit union is open to anyone who lives, works or does business in sedgwick, butler, harvey, mcpherson or saline counties. You can also join if you or a member of your family is a current or retired employee of hawker beechcraft corporation or its subsidiaries and associations.

Form 990, Part VI, Section A, Line 7A

All of the organization's members vote on who should be a member of the governing body.

Form 990, Part VI, Section A, Line 7B

The members elect the board of directors and the board makes the decisions on behalf of their membership. At the annual meeting all members are asked if they will accept the annual report as it is written.

Form 990, Part VI, Section B, Line 11

Central star has a ubit team in place. This team consists of the chairman of the supervisory team. The second team member is a board member with over 12 years of experience and is the chairman of the board of directors for central star credit union. The third team member is the cfo who has over 20 years of experience in the area of accounting, and the final memeber is the ceo. This team meets to review documentation included in the ubit & 990 returns.

Form 990, Part VI, Section B, Line 12C

Each year the board members, all volunteers, sign a conflict of interest statement. The board chair and ceo also communicate with the full board and volunteers, throughout the year, to reinforce and monitor conflicts of interest.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo is determined by the executive committee of the board of directors. This committee utilizes an independent third party to give guidance on salary adjustments. Goals are establsihed, performance reviewed and compensation is determined. Compensation for the other officers or key employees of the organization are determined by using information provided by using an independent third party to give guidance on salary adjustments. Goals achieved and performance of officer and key employee are reviewed. Hr manager gives ceo recommendations and pertinent information. The ceo makes the final determination on salary increases.

Form 990, Part VI, Section C, Line 19

Central star credit union upon request makes available its governing documents, conflict of interest policy, and financial statements to the public. Additionally, each credit union branch has quarter end financial statements posted. Financial statements are also provided to entire membership at the annual meeting and are approved by membership.

Filing and Contact Details

Filer

EIN
48-0499356
Phone
3166859555

Signing Officer

Name
Mary Wehner
Title
CFO
Phone
3166859555
Signed
2014-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Wehner
Formed
1940
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
30
Volunteers
7

Preparer

Preparer
Pamela J Peppard Cpapfs
Phone
3162655600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in unrealized derivative income -7,502.

Financial Statement Notes

PART X, LINE 2:

The credit union has adopted the guidance requiring measurement and disclosure of uncertain tax positions under the asc topic, "income taxes." through march 31, 2014, the credit union had not identified any uncertain tax positions that are not more likely than not to be upheld. There has been no interest or penalties recognized in either the consolidated statements of financial condition or operations related to uncertain tax positions. In addition, no tax positions existed for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on investments & sale of assets reported in other expense on financials -217,416. Change in unrealized derivative assets 7,502.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on investments & sale of assets reported in other expense on financials 217,416.

Raw XML AppendixShowing 400 of 452 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc2INTEREST ON INVESTMENTS
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt1418479
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01091311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02817483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11342313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2418479
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0251002
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE A SOURCE OF CREDIT TO 3,549 BORROWERS. THESE LOANS AREPROVIDED AT A FAIR AND REASONABLE COST.
IRS990/ProgSrvcAccomActy3Grp/Desc0TO BE A SOURCE OF FINANCIAL LITERACY FOR OUR MEMBERS AND OURCOMMUNITIES. THIS IS DONE THROUGH THE FINANCIAL SEMINARS OFFEREDTO ASSIST IN A VARIETY OF AREAS FROM BUDGETING TO FIRST TIME HOMEBUYERS. CENTRAL STAR IS ABLE TO ALSO PROVIDE ONE ON ONE BUDGET COUNSELING TO ASSIST MEMBERS WITH THEIR FINANCES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0304632
IRS990/PYOtherExpensesAmt03349479
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05301565
IRS990/PYRevenuesLessExpensesAmt0558284
IRS990/PYSalariesCompEmpBnftPaidAmt01698434
IRS990/PYTotalExpensesAmt05047913
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05606197
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-494694
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0154593
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-815894
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02081072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06334589
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01380884
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0688133
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02069017
IRS990ScheduleD/EquipmentGrp/BookValueAmt0371660
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02430649
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02802309
IRS990ScheduleD/ExpensesNotReportedAmt0217416
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04855553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0366177
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0366177
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-815894
IRS990ScheduleD/OtherExpensesIncludedAmt0217416
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0451600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-209914
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0214925
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt114536877
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21071656
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3146500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PREMIUM-FED AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PAR-FED AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2INVESTMENT IN SPLIT DOLLAR INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FEDERAL HOME LOAN CAPITAL SHRSPAIN IN CAPITAL KCCU
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/RevenueNotReportedAmt0-815894
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-209914
IRS990ScheduleD/RevenueSubtotalAmt04570773
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS ADOPTED THE GUIDANCE REQUIRING MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER THE ASC TOPIC, "INCOME TAXES." THROUGH MARCH 31, 2014, THE CREDIT UNION HAD NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS THAT ARE NOT MORE LIKELY THAN NOT TO BE UPHELD. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN EITHER THE CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION OR OPERATIONS RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXISTED FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON INVESTMENTS & SALE OF ASSETS REPORTED IN OTHER EXPENSE ON FINANCIALS -217,416. CHANGE IN UNREALIZED DERIVATIVE ASSETS 7,502.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON INVESTMENTS & SALE OF ASSETS REPORTED IN OTHER EXPENSE ON FINANCIALS 217,416.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02118721
IRS990ScheduleD/TotalBookValueSecuritiesAmt015969958
IRS990ScheduleD/TotalExpensesPerForm990Amt04855553
IRS990ScheduleD/TotalLiabilityAmt0451600
IRS990ScheduleD/TotalRevenuePerForm990Amt04360859
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03754879
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05072969
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ASSISTANCE GIVEN TO OTHER ORGANIZATIONS, MAINLY OTHER NOT-FOR-PROFITS, IS DETERMINED BY THE CEO, AS TO WHICH ORGANIZATIONS TO SUPPORT. OFTEN STAFF WILL RECOMMEND A SPECIAL CHARITY, OR SERVE ON A BOARD FOR ANOTHER CHARITY AND THEN CENTRAL STAR UNION WILL SUPPORT THAT CHARITY AS DEEMED APPROPRIATE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd01
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0146034
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08425
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0713
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0A LEE WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180172
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP AT CENTRAL STAR CREDIT UNION IS OPEN TO ANYONE WHO LIVES, WORKS OR DOES BUSINESS IN SEDGWICK, BUTLER, HARVEY, MCPHERSON OR SALINE COUNTIES. YOU CAN ALSO JOIN IF YOU OR A MEMBER OF YOUR FAMILY IS A CURRENT OR RETIRED EMPLOYEE OF HAWKER BEECHCRAFT CORPORATION OR ITS SUBSIDIARIES AND ASSOCIATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OF THE ORGANIZATION'S MEMBERS VOTE ON WHO SHOULD BE A MEMBER OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS ELECT THE BOARD OF DIRECTORS AND THE BOARD MAKES THE DECISIONS ON BEHALF OF THEIR MEMBERSHIP. AT THE ANNUAL MEETING ALL MEMBERS ARE ASKED IF THEY WILL ACCEPT THE ANNUAL REPORT AS IT IS WRITTEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CENTRAL STAR HAS A UBIT TEAM IN PLACE. THIS TEAM CONSISTS OF THE CHAIRMAN OF THE SUPERVISORY TEAM. THE SECOND TEAM MEMBER IS A BOARD MEMBER WITH OVER 12 YEARS OF EXPERIENCE AND IS THE CHAIRMAN OF THE BOARD OF DIRECTORS FOR CENTRAL STAR CREDIT UNION. THE THIRD TEAM MEMBER IS THE CFO WHO HAS OVER 20 YEARS OF EXPERIENCE IN THE AREA OF ACCOUNTING, AND THE FINAL MEMEBER IS THE CEO. THIS TEAM MEETS TO REVIEW DOCUMENTATION INCLUDED IN THE UBIT & 990 RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH YEAR THE BOARD MEMBERS, ALL VOLUNTEERS, SIGN A CONFLICT OF INTEREST STATEMENT. THE BOARD CHAIR AND CEO ALSO COMMUNICATE WITH THE FULL BOARD AND VOLUNTEERS, THROUGHOUT THE YEAR, TO REINFORCE AND MONITOR CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE UTILIZES AN INDEPENDENT THIRD PARTY TO GIVE GUIDANCE ON SALARY ADJUSTMENTS. GOALS ARE ESTABLSIHED, PERFORMANCE REVIEWED AND COMPENSATION IS DETERMINED. COMPENSATION FOR THE OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION ARE DETERMINED BY USING INFORMATION PROVIDED BY USING AN INDEPENDENT THIRD PARTY TO GIVE GUIDANCE ON SALARY ADJUSTMENTS. GOALS ACHIEVED AND PERFORMANCE OF OFFICER AND KEY EMPLOYEE ARE REVIEWED. HR MANAGER GIVES CEO RECOMMENDATIONS AND PERTINENT INFORMATION. THE CEO MAKES THE FINAL DETERMINATION ON SALARY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CENTRAL STAR CREDIT UNION UPON REQUEST MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC. ADDITIONALLY, EACH CREDIT UNION BRANCH HAS QUARTER END FINANCIAL STATEMENTS POSTED. FINANCIAL STATEMENTS ARE ALSO PROVIDED TO ENTIRE MEMBERSHIP AT THE ANNUAL MEETING AND ARE APPROVED BY MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN UNREALIZED DERIVATIVE INCOME -7,502.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine10CENTRAL STAR CREDIT UNION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine10CENTRAL STAR FINANCIAL SOLUTIONS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0472182
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0MRTG/INSUR
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-178080
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine109555 CORPORATE HILLS DRIVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/City0WICHITA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/State0KS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCode067207
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KS
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt077664602
IRS990/TotalAssetsEOYAmt075711789
IRS990/TotalAssetsGrp/BOYAmt077664602
IRS990/TotalAssetsGrp/EOYAmt075711789
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/TotalAmt04855553
IRS990/TotalGrossUBIAmt0251002
IRS990/TotalLiabilitiesBOYAmt070639102
IRS990/TotalLiabilitiesEOYAmt070076242
IRS990/TotalLiabilitiesGrp/BOYAmt070639102
IRS990/TotalLiabilitiesGrp/EOYAmt070076242

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