2024-07-22T11:26:48-05:00 2023-12-31 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2023-01-01 610264070 LOUISVILLE FEDERAL CREDIT UNION LOUI 5024582681 PO BOX 33303 LOUISVILLE KY 402323303 TRACYE THOMPSON OFFICE MANAGER 5024582681 2024-06-03 1 TRACYE THOMPSON 999009999 1 KRISTIN STUEDLE CPA P00544047 5029923500 2024-06-03 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z TRACYE THOMPSON PO BOX 33303 LOUISVILLE KY 402323303 984131 0 X WWW.LOUISVILLEFCU.COM X 1924 KY CREDIT UNION PROVIDES & PROMOTES THE USE OF A VARIETY OF FINANCIAL SRVCS WHICH FEATURE PARTICULAR BENEFITS & ADVANTAGES OVER THOSE GENERALLY AVAILABLE FROM OTHER SOURCES, WITH THE SPECIFIC INTENT OF HELPING MEMBERS GAIN SOME PARTICULAR MEASURE OF PERSONAL FINANCIAL SUCCESS. 7 7 0 0 10462 0 0 0 583307 479445 274090 434295 76498 70391 933895 984131 0 0 0 0 372785 435008 0 0 0 333523 454592 706308 889600 227587 94531 34231477 31962911 27302512 24962674 6928965 7000237 X CREDIT UNION PROVIDES & PROMOTES THE USE OF A VARIETY OF FINANCIAL SRVCS WHICH FEATURE PARTICULAR BENEFITS & ADVANTAGES OVER THOSE GENERALLY AVAILABLE FROM OTHER SOURCES, WITH THE SPECIFIC INTENT OF HELPING MEMBERS GAIN SOME PARTICULAR MEASURE OF PERSONAL FINANCIAL SUCCESS. 0 0 846099 973669 CREDIT UNION PROVIDES FINANCIAL SERVICES (LOAN AND SHARE DEPOSIT SERVICES) TO ITS MEMBERS. LOANS PROVIDE INTEREST INCOME AND DIVIDENDS ARE PAID OUT TO SHARE DEPOSITORS. 846099 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 1 1 1 0 X LOUISVILLE FEDERAL CREDIT UNION 5024582681 1420 GARDINER LANE LOUISVILLE KY 40231 RON MILLER DIRECTOR 0.00 X 0 0 0 SUZETTE R BOESING CHAIRMAN 0.00 X X 0 0 0 KENNY KIEFER VICE CHAIRMAN 0.00 X X 0 0 0 JAMES S WICK SEC/TREASURER 2.00 X X 3750 0 0 TRACYE THOMPSON MANAGER 40.00 X 67829 0 0 JOHN M CLARY DIRECTOR 0.00 X 0 0 0 WILLIAM B BARTLEY DIRECTOR 0.00 X 0 0 0 STEVE MUELLER DIRECTOR 0.00 X 0 0 0 MICHAEL HOVEKAMP CEO 40.00 X 114200 0 0 185779 0 0 1 0 0 0 0 INTEREST ON LOANS 522100 462723 462723 16722 16722 479445 434295 434295 DEBIT CARD INTERCHANGE 522100 35802 35802 DRAFT FEES 522100 20252 20252 INSURANCE/WARRANTY PRO 524298 10462 10462 3875 3875 70391 984131 973669 10462 0 X 185779 167201 18578 153627 138264 15363 19260 17334 1926 48112 43301 4811 28230 25407 2823 8981 8981 1 1 12925 12925 7974 7974 14581 14581 SHARE DIVIDEND EXPENSE 162202 162202 PROFESSIONAL AND OUTSID 99822 99822 DR/CR CARD CHK LOSSES/M 27464 27464 DR CARD INTERCHANGE FEE 24132 24132 96510 96510 889600 846099 43501 0 1271065 1395992 21754078 19789348 11096931 10638774 37702 38624 301600 279644 16835 21956 54866 78217 34231477 31962911 8413 70194 27294099 24892480 27302512 24962674 X 1020000 1020000 0 0 5908965 5980237 6928965 7000237 34231477 31962911 94531 -23259 X 0 0 0 17080 16192 888 166332 151260 15072 118188 112192 5996 21956 SHARES AND DEPOSITS 24667915 ACCRUED EXPENSES 224565 24892480 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERSHIP IN THE LOUISVILLE FEDERAL CREDIT UNION IS LIMITED TO FEDERAL EMPLOYEES, FEDERAL RETIREES AND THEIR FAMILY MEMBERS (EX. SPOUSE, PARENTS, SIBLINGS, CHILDREN, GRANDCHILDREN, ETC). FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - AN ANNUAL MEETING IS HELD EVERY YEAR ON THE THIRD MONDAY IN APRIL. VOTES ARE PER THE MAJORITY RECEIVED BY ANY MEMBERS IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11 EXPLANATION - A COPY OF THE 990 RETURN IS PROVIDED TO MANAGEMENT AND BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND EMPLOYEE MUST SIGN A CONFLICT OF INTEREST POLICY ANNUALLY OUTLINING THE STANDARDS BY WHICH THE CREDIT UNION OPERATES. FORM 990, PART VI, SECTION B, LINE 15 BOARD HAS COMMITTEE THAT MEETS ANNUALLY TO REVIEW PAY AND BONUS PACKAGES WHICH ARE THEN REVIEWED/MODIFIED/APPROVED BY THE OVERALL INDEPENDENT GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE CREDIT UNION WILL DISCLOSE ANY DOCUMENTS, POLICIES OR FINANCIAL STATEMENTS AS REQUIRED TO THE PUBLIC. FORM 990, PART IX, LINE 24E PROV FOR LN LOSS: PROGRAM SERVICE EXPENSES 19,541. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,541. BANK ACCOUNT CHARGES/ATM: PROGRAM SERVICE EXPENSES 19,234. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,234. LOAN SERVICING & FORMS EXP: PROGRAM SERVICE EXPENSES 13,248. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,248. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 11,740. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,740. STATEMENT & 1099 PROCESSING: PROGRAM SERVICE EXPENSES 11,595. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,595. TELEPHONE: PROGRAM SERVICE EXPENSES 8,551. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,551. SECURITY/FIREWALL: PROGRAM SERVICE EXPENSES 2,880. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,880. POSTAGE: PROGRAM SERVICE EXPENSES 2,629. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,629. WEBSITE/VAULT SOLUTIONS/DOMAIN: PROGRAM SERVICE EXPENSES 2,440. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,440. ACH CHARGES: PROGRAM SERVICE EXPENSES 1,698. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,698. EOP PROCESSING: PROGRAM SERVICE EXPENSES 1,620. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,620. ALARM: PROGRAM SERVICE EXPENSES 540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 540. STORAGE: PROGRAM SERVICE EXPENSES 454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 454. P O BOX RENTAL: PROGRAM SERVICE EXPENSES 226. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 226. SERVICE AND REPAIRS: PROGRAM SERVICE EXPENSES 150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150. CASH OVER/SHORT: PROGRAM SERVICE EXPENSES -36. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -36.