2024-10-11T13:55:24-07:00 2023-12-31 990 2023-01-01 362499489 KONE EMPLOYEES CREDIT UNION KONE 3097366461 4502 27th St Suite K Moline IL 61265 Bryce Kildow President/CEO 3097366461 2024-09-25 1 2023 2024-10-15 13:58:12Z Bryce Kildow 4502 27th Street Suite K Moline IL 61265 819997 0 X www.konecu.com X Cooperative 1954 IL Member services to assist our members in the management of their financial well being by providing loans, savings accounts and other financial institution services in a professional manner. 9 8 5 8 0 0 0 0 656326 715684 123181 104313 0 0 779507 819997 0 0 0 0 302051 267006 0 0 0 460099 502534 762150 769540 17357 50457 22458032 19990328 19413441 16945716 3044591 3044612 Your financial partner. 0 0 Received deposits on savings from 1794 members Provided 555 members consumer loan Provided 720 members with checking accounts 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X Bryce Kildow 3097366461 4502 27th St Suite K Moline IL 61265 Bryce Kildow President/CEO 40 X X 70070 0 0 Dennis DeDecker Vice Chairman 5 X 0 0 0 William Dobbeleare Secretary 5 X 0 0 0 Beth Forret Director 5 X 0 0 0 Doug Jasper Director 5 X 0 0 0 Christine Harper Director 5 X 0 0 0 Wayne Dowty Director 5 X 0 0 0 Vicki LaFayette Director 5 X 0 0 0 Terry Thomasson Chairman 5 X 0 0 0 70070 0 0 0 0 0 0 0 0 Interest on Loans 522130 576741 576741 0 0 Other Income 522130 138943 138943 0 0 0 0 0 0 715684 104313 104313 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 819997 819997 0 0 X 71400 71400 150290 150290 5512 5512 24645 24645 15159 15159 10325 10325 6474 6474 103827 103827 33338 33338 9 9 0 10325 10325 11693 11693 18960 18960 Member Dividends 38467 0 38467 0 IDFPR Supervisory Expense 7453 0 7453 0 Credit and Debit Card Expense 111828 0 111828 0 149835 149835 769540 0 769540 0 138853 -32746 4223186 2799186 0 0 0 0 8805758 10268971 0 32054 22162 468913 458573 22033 10340 0 8920609 6610718 0 0 315539 311697 22458032 19990328 64632 15398 19348809 16930318 19413441 16945716 X 0 0 2018669 1968233 1025922 1076379 3044591 3044612 22458032 19990328 X 50457 0 0 0 0 -50436 X 0 0 0 250 0 0 0 0 0 Credit Union Political Action Council 1807 West Diehl Road Naperville IL 60563 363092340 250 0 Schedule C, Part I-A, Line 1 The organization's only political activity is the contribution to the Credit Union Political Action Council that is reported in Parts 1-A and 1-C of this Schedule C. 0 0 0 0 0 0 0 0 0 0 0 468913 0 458573 10340 0 0 0 0 10340 Certificate of Deposit 6610718 F 6610718 Members Equity 16930318 16930318 Form 990, Part VI, Section A, Line 6 There are 1794 members. This organization is a credit union whose board of directors are elected annually by its members. Form 990, Part VI, Section A, Line 7a The Credit Union has a board of directors elected annually by the members. Form 990, Part VI, Section B, Line 11b The President/CEO reviews the 990 before filing. Form 990, Part VI, Section B, Line 12c The President/CEO monitors and reviews vendor transactions to verify independent contractors. Form 990, Part VI, Section C, Line 19 Documents are available to the public on request. The financial reports are available in our lobby and quarterly on the NCUA website Form 990, Part IX, Line 24e Other small expenses Form 990, Part XI, Line 9 one time transfer from undivided earnings to allowance for loan loss for CECL implementation. Newer to my position overlooked the filing. Added to calendar to make sure it is submitted every year before the due date.