2024-06-28T09:10:28-05:00 2023-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2023-01-01 420670996 ADVANTAGE CREDIT UNION ADVA 6417925660 121 WEST 3RD STREET NORTH NEWTON IA 50208 LESLIE BRICKMAN CEO 6417925660 2024-06-24 1 LESLIE BRICKMAN XXX-XX-XXXX 1 DENNIS GARDINER CPA P02167685 5152701446 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z LESLIE BRICKMAN 121 WEST 3RD STREET NORTH NEWTON IA 50208 8410932 0 X WWW.ACUIOWA.ORG X 1937 IA ADVANTAGE CREDIT UNION WILL CONTINUE TO MEET THE NEEDS OF THOSE WITHIN THEIR FIELD OF MEMBERSHIP AND STRIVE TOWARD CREATING NEW RELATIONSHIPS BY PROMOTING THRIFT, PROVIDING CREDIT AT REASONALBLE RATES AND PROVIDING OTHER FINANCIAL SERVICES. 9 9 29 0 5824 0 0 0 3347657 5512143 547827 1739123 1110177 1159666 5005661 8410932 0 0 0 0 1201086 1587761 0 0 0 3441441 6002370 4642527 7590131 363134 820801 105606884 129030724 90830443 113433482 14776441 15597242 ADVANTAGE CREDIT UNION WILL CONTINUE TO MEET THE NEEDS OF THOSE WITHIN THEIR FIELD OF MEMBERSHIP AND STRIVE TOWARD CREATING NEW RELATIONSHIPS BY PROMOTING THRIFT, PROVIDING CREDIT AT REASONALBLE RATES AND PROVIDING OTHER FINANCIAL SERVICES. 0 0 7590131 6665985 ADVANTAGE CREDIT UNION CONTINUES TO MEET THE NEEDS OF THOSE WITHIN THEIR FIELD OF MEMBERSHIP BY PROVIDING FINANCIAL PRODUCTS AND SERVICES TO ITS MEMBERS INCLUDING SAVING ACCOUNTS, CHECKING ACCOUNTS, LOAN ACCOUNTS AND CREDIT/DEBIT CARD ACCOUNTS. 7,131 MEMBERS WERE SERVED DURING THE 2023 TAX YEAR. 7590131 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 0 1 2355 0 1 29 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 0 0 1 0 0 X LESLIE BRICKMAN 6417925660 121 WEST 3RD STREET NORTH NEWTON IA 50208 KIM CLARK CHAIRPERSON 0.50 X X 0 0 0 DARLA MODLIN VICE CHAIRPERSON 0.20 X X 0 0 0 CLINT GOTTA BOARD CFO 0.50 X X 0 0 0 HOLLIE VANWYK SECRETARY 0.20 X X 0 0 0 JOEL BUCKLIN DIRECTOR 0.20 X 0 0 0 JANE ODLAND DIRECTOR 0.20 X 0 0 0 MICHELLE MODLIN DIRECTOR 0.20 X 0 0 0 JENNI PATTY DIRECTOR 0.20 X 0 0 0 TIM SAUNDERS DIRECTOR 0.20 X 0 0 0 LESLIE BRICKMAN CEO 40.00 X 144950 0 35488 MICHELLE OUREN COO 40.00 X 85721 0 9853 ANGIE GINGERY EVP 40.00 X 99205 0 6139 329876 0 51480 1 0 1 0 0 INTEREST ON LOANS 522100 5512143 5512143 5512143 1739123 1739123 DEBIT/CREDIT CARD INCOME 522100 490937 490937 SERVICE FEES 522100 347997 347997 INSURANCE INCOME 522100 193102 193102 127630 121806 5824 1159666 8410932 6665985 5824 1739123 381356 381356 905133 905133 196795 196795 104477 104477 4203 4203 18000 18000 75000 75000 331343 331343 327044 327044 89614 89614 52000 52000 1998661 1998661 9136 9136 148242 148242 66286 66286 PROVISION FOR LOAN LOSS 1860777 1860777 DEBIT/CREDIT CARD EXPEN 477018 477018 LOAN SERVICING EXPENSE 262063 262063 282983 282983 7590131 7590131 0 0 675885 680258 35413345 44914318 65884620 78422554 70005 78057 3723365 1410410 1082167 2312955 1217425 1013427 1263437 1609155 105606884 129030724 801283 899067 90029160 112534415 90830443 113433482 X 0 0 3120028 3131465 11656413 12465777 14776441 15597242 105606884 129030724 820801 0 X 0 0 0 184257 184257 669009 492808 176201 725675 284984 440691 977312 632618 344694 1167112 1167112 2312955 MEMBERS SHARES 112534415 112534415 X 0 0 0 LESLIE BRICKMAN CEO 142561 0 2389 0 0 0 11429 0 24059 0 180438 0 0 0 PART I, LINE 3 SALARY AND BONUSES ARE APPROVDE BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 ADVANTAGE CREDIT UNIONS IS SUPPORTED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ALLOWED TO VOTE FOR MEMBERS TO SIT ON THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS WILL VOTE IN SPECIAL ELECTIONS UPON CHANGES MADE TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. THE CEO REVIEWS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED AND APPROVED BY THE BOARD. THE PROCESS OF DETERMINING THE COMPENSATION INCLUDES SALARY SURVEYS BY CUNA AND THE DELIBERATION AND DECISION ARE CONTEMPORANEOUSLY SUBSTANTIATED. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY AT THE CREDIT UNION. ALL OTHER GOVERNING DOCUMENTS ARE UPON REQUEST.