2024-11-11T07:45:27-06:00 2023-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2023-01-01 314415974 718 ATOMIC CREDIT UNION INC 718A 7402895060 711 BEAVER CREEK ROAD PIKETON OH 45661 JEROD P WILEY CFO 7402895060 2024-11-08 1 1 KATHY M MOSELEY P00116760 5138713033 2024-11-08 2023 2024-10-15 13:58:12Z THOMAS GRIFFITHS 711 BEAVER CREEK ROAD PIKETON OH 45661 48663212 0 X WWW.ATOMICCU.COM X 1955 OH THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 6 6 286 6 127182 0 0 3222490 34253140 42494086 1388548 2898871 0 0 35641688 48615447 0 0 0 0 14623029 18082867 0 0 0 14123866 22033050 28746895 40115917 6894793 8499530 550744794 635928740 505743366 582440534 45001428 53488206 THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 0 0 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 4728 0 1 286 1 1 1 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 X X PATRICK ARMSTRONG CONTROLLER 7402895060 711 BEAVER CREEK ROAD PIKETON OH 45661 BILLY SPENCER CHAIRMAN 1.00 X X 3084 0 0 TAMMY JONES VICE-CHAIRWOMAN 1.00 X 1434 0 0 VERNON BLAINE SECRETARY/TREASURER 1.00 X X 3569 0 0 GERALD KOMLOS DIRECTOR 1.00 X 3718 0 0 ELAINE LITTEN DIRECTOR 1.00 X 0 0 0 JOHN BOYER DIRECTOR 1.00 X 0 0 0 THOMAS GRIFFITHS CEO/PRESIDENT 40.00 X 491279 0 50101 AARON MICHAEL COO/GENERAL COUNSEL 40.00 X 274451 0 30660 JEROD WILEY CFO 40.00 X 232356 0 25970 CURTIS GREEN SVP OF IT 40.00 X 161316 0 16451 GEOFF GRIMES SVP OF CONSUMER LENDING 40.00 X 132265 0 13316 NICOLE PERSIN VP OF RISK MANAGEMENT & DIGITAL EXPERIENCE 40.00 X 129470 0 13843 SHANNON WEBER COMPLIANCE ATTORNEY 40.00 X 122447 0 12564 BRANDEN MCGHEE SVP OF BRANCH OPERATIONS 40.00 X 121605 0 12998 1676994 0 175903 14 0 1 0 DALAND LLC 520 CROMWELL AVE ROCKY HILL CT 06067 CONSULTING 554795 FT RESTORATION LLC 2759 ERWIN RD JACKSON OH 45640 CLEANING 146904 2 3222490 3222490 INTEREST ON LOANS 522100 28403401 28403401 FEES & COMMISSIONS 522100 14086723 13959541 127182 OTHER INCOME 522100 3962 3962 42494086 2889953 2889953 56683 47765 8918 8918 8918 48615447 42366904 127182 2898871 1116622 11780134 982984 3218719 984408 154000 68546 2181905 733766 1776354 507040 477873 9000 7397043 1916091 104695 CARD PROCESSING EXPENSE 3582673 PROVISION FOR LOAN LOSS 1775709 LOAN SERVICING 705062 OPERATION SERVICES 399083 244210 40115917 15781140 19811952 33644934 49847780 2375592 3226479 448132169 510618098 37615652 11939967 21186509 25675685 15837133 10396847 3582701 2857707 10204616 13494192 550744794 635928740 4278629 6061667 501464737 576378867 505743366 582440534 X 0 0 0 0 45001428 53488206 45001428 53488206 550744794 635928740 X 8499530 -12752 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4314096 4314096 20223361 4746224 15477137 1602862 402274 1200588 10809796 6791469 4018327 665537 665537 25675685 MEMBERS' SHARES & DEPOSITS 576378867 576378867 X 48615447 0 48615447 0 48615447 40115917 0 40115917 0 40115917 PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB ASC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2019 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. X X 1 1 X 0 0 0 THOMAS GRIFFITHS CEO/PRESIDENT 460379 0 30000 0 900 0 50101 0 0 0 541380 0 0 0 AARON MICHAEL COO/GENERAL COUNSEL 256601 0 17000 0 850 0 30660 0 0 0 305111 0 0 0 JEROD WILEY CFO 214156 0 17000 0 1200 0 25970 0 0 0 258326 0 0 0 CURTIS GREEN SVP OF IT 154316 0 7000 0 0 0 16451 0 0 0 177767 0 0 0 PART I, LINE 1A THE CREDIT UNION REIMBURSES EMPLOYEES FOR NECESSARY TRAVEL AND OTHER EXPENSES INCURRED WHILE ENGAGED IN CREDIT UNION BUSINESS. EXPENSES MUST BE PRE-APPROVED AND MUST BE WITHIN REASONABLE LIMITS. BOARD OF DIRECTORS ARE ISSUED A 1099 NEC AT THE END OF THE YEAR IF NECESSARY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES WILL BE REQUIRED TO SIGN A CONFIDENTIALITY STATEMENT AND A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS.THE DOCUMENTED RELATIONSHIPS WILL BE SUBJECT TO OUTSIDE AUDITORS/EXAMINERS.. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND SETS THE SALARY FOR THE CEO AND OTHER OFFICERS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -12,752. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.