2024-04-09T10:11:02-04:00 2023-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 620497719 KIMBERLY CLARK CREDIT UNION KIMB 9015214646 1520 NORTH SECOND STREET MEMPHIS TN 38107 JOEL FORBESS PRESIDENT/CEO 9015214646 2024-04-05 true JOEL FORBESS 990009999 false AMANDA ONKST P02387288 2054372176 2024-04-09 2023 2023-04-26 12:10:37Z JOEL FORBESS 1520 NORTH SECOND STREET MEMPHIS TN 38107 7706688 false X WWW.KIMBERLYCLARKCU.ORG X CREDIT UNION 1947 TN CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 7 7 25 8 0 0 4945470 5633954 684783 1360086 679434 712648 6309687 7706688 0 0 2509129 2473611 0 0 2800071 4477270 5309200 6950881 1000487 755807 132407018 134933119 102211886 103982179 30195132 30950940 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 10,779 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 4982774 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 1968107 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 6950881 false false true false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true X 2539 0 true 25 true false false false false false false false false X 7 7 false false false false true true true true true false false false true true true true true true true false TN X JOEL FORBESS 9015214646 1520 NORTH SECOND STREET MEMPHIS TN 38107 JOEL FORBESS PRESIDENT/CE 40.00 X 461740 0 136641 KEITH BINGHAM KEITH BINGHAM BOARD CHAIRM 1.00 X 0 0 0 IRA EASTMAN IRA EASTMAN BOARD TREASU 1.00 X 0 0 0 JEREMIAH HARRIS JEREMIAH HARRIS BOARD SECRET 1.00 X 0 0 0 NIKITA BOYLAND NIKITA BOYLAND BOARD MEMBER 1.00 X 0 0 0 WARRIE WILLIAMS BOARD MEMBER 1.00 X 0 0 0 CARLA RILEY BOARD VICE C 1.00 X 0 0 0 DENA WORD BOARD MEMBER 1.00 X 0 0 0 MICHAEL LUMLEY ASSOCIATE DI 1.00 X 0 0 0 461740 136641 1 false true false INTEREST ON LOANS 522291 5221931 5221931 FEE INCOME 522100 412023 412023 5633954 1360086 1360086 OTHER OPERATING INCOME 525990 712648 712648 712648 7706688 7706688 1597907 1597907 312472 312472 439901 439901 123331 123331 715877 715877 207607 207607 90858 90858 1968107 1968107 LOAN SERVICING EXP 680118 680118 PROVISION FOR LOAN LOSS 425000 425000 PROF & OUTSIDE SERVICES 156239 156239 EDUCATION & PROMO EXP 118418 118418 115046 115046 6950881 0 6950881 0 13711232 12405942 84597581 87065731 7326928 8996436 2396247 2220163 240889 176084 25202293 24886555 1328095 1402371 132407018 134933119 1577326 1238865 100634560 102743314 102211886 103982179 X 4400000 4545000 25795132 26405940 30195132 30950940 132407018 134933119 X 755807 1 X true true X true false TENNESSEE CREDIT UNION LEAGUE 1317 HICKORY VALLEY RD CHATTANOOGA TN 37412 462728395 SCHEDULE C, PART I-A, LINE 1 CONTRIBUTION TO THE TENNESSEE CREDIT UNION LEAGUE PAC 70339 70339 1282167 1219087 63080 1043741 1001076 42665 176084 ALL OTHER INVESTMENTS 24126272 C PAID IN CAPITAL - VCCU 760283 C 24886555 ALL OTHER SHARES 56233368 REGULAR SHARES 38347781 SHARE DRAFTS 8162165 102743314 7706688 7706688 7706688 6950881 6950881 6950881 SCHEDULE D, PAGE 4, PART XI, LINE 2D INC 4TH QTR 2016 LESS 4TH QTR 2015 0 SCHEDULE D, PAGE 4, PART XII, LINE 2D EXP 4TH QTR 2016 LESS 4TH QTR 2015 0 false false false JOEL FORBESS PRESIDENT/CEO 144200 317540 136641 598381 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION. FORM 990, PAGE 5, PART V, LINE 3B THE CREDIT UNION HAD NO UNRELATED BUSINESS INCOME. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR. FORM 990, PAGE 6, PART VI, LINE 7B SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGER. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USE A COMPARISON OF SMALL CREDIT UNION COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B ONLY COMPARABILITY DATA WAS USED IN DETERMINING COMPENSATION FOR THE PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH. FORM 990, PART XI, LINE 9 DUE TO ROUNDING 1 DUE TO ROUNDING 0 TOTAL 1