2024-11-06T16:39:07-06:00 2023-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 848 MINOT ND 587020848 990 2023-01-01 450260598 NORTH STAR COMMUNITY CREDIT UNION NORT 7014382222 PO BOX 10 MADDOCK ND 58348 ALEX KALLIOKOSKI CFO 7014382222 2024-11-06 1 0 TORY J HILL CPA P01087169 7018520196 2024-11-06 2023 2024-10-15 13:58:12Z BOB HERRINGTON PO BOX 10 MADDOCK ND 58348 24575620 0 X WWW.NORTHSTARCCU.COM X 1940 ND NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP. 7 7 145 7 93632 0 0 0 14481633 20231165 1311147 1771492 2419055 2572963 18211835 24575620 81036 0 0 0 7120196 8551890 0 0 0 7909551 14168969 15110783 22720859 3101052 1854761 440710368 488015644 394234311 438280044 46476057 49735600 NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP. 0 0 NON-PROFIT ORGANIZATION PROVIDING FINANCIAL SERVICES TO A FIELD OF MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 5876 0 1 145 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X ALEX KALLIOKOSKI 7014382222 109 CENTRAL AVE MADDOCK ND 58348 KEVIN GIGSTAD BOARD SECRETARY 1.00 X X 0 0 0 MICHAEL BLACK BOARD CHAIRMAN 1.00 X X 0 0 0 KENNETH KLEBE BOARD VICE CHAIRPERSON 1.00 X X 0 0 0 MICHAEL FOSTER BOARD MEMBER 1.00 X 0 0 0 CHUCK EMERY BOARD MEMBER 1.00 X 0 0 0 JOHN RILEY BOARD MEMBER 1.00 X 0 0 0 TAMMY MEYER BOARD MEMBER 1.00 X 0 0 0 BOB HERRINGTON CEO/PRESIDENT 40.00 X 474817 0 40616 ALEX KALLIOKOSKI CFO 40.00 X 144442 0 16353 DEAN AANDERUD CLO 40.00 X 179256 0 23033 JOANN BERGRUD COO 40.00 X 146661 0 16540 STEVE NANNICELLI CHIEF EXPERIENCE OFFICER 40.00 X 171757 0 22695 YVONNE FOSSEN HR MANAGER 40.00 X 136724 0 21118 CHAD PETERSON VP OF REGIONAL EXPERIENCE 40.00 X 132363 0 20922 1386020 0 161277 7 0 1 0 0 INCOME FROM LOANS 522100 20231165 20231165 20231165 1771492 1771492 FEES & CHARGES 522100 1739123 1645491 93632 MISCELLANEOUS OPERATING INCOME 522100 833840 833840 2572963 24575620 22710496 93632 1771492 1547297 5134786 1402433 467374 94053 14258 1340689 477712 971714 422560 132563 50665 8140432 78819 728734 PROVISION FOR LOAN LOSS 750000 LOAN SERVICE 639071 EXAM FEES 205881 MISCELLANEOUS 73184 48634 22720859 7721188 6945167 3769093 34697996 1386 1344 3785867 3785867 318911608 351268854 1569275 2713717 16608313 5609638 11012705 10998675 74081560 61988427 2872224 2776594 16985462 12839003 440710368 488015644 2134204 2754308 29500000 61300000 362600107 374225736 394234311 438280044 X 0 0 0 0 46476057 49735600 46476057 49735600 440710368 488015644 X 1854761 850764 554018 X X 0 1 X 1 0 1862033 1862033 10427606 2957117 7470489 3840469 2652521 1187948 478205 478205 10998675 FEDERAL AGENCY SECURITIES - AFS 29986738 F CUSO INVESTMENTS 25000 C MUNICIPAL BONDS - AFS 1300095 F FHLB STOCK 1178000 C EQUITY SECURITIES 9876649 F U.S. TREASURY NOTES & BONDS - AFS 3927187 F FEDERAL AGENCY SECURITIES - HTM 15694758 C 61988427 MEMBER DEPOSITS 202876557 TIME SAVINGS CERTIFICATES PAYABLE 168352941 INTEREST PAYABLE 2540174 475F LIABILITY 456064 374225736 X 24825620 250000 250000 24575620 0 24575620 22720859 0 22720859 0 22720859 PART X, LINE 2: THE CREDIT UNION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE CREDIT UNION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINIATION. THE FEDERAL INCOME TAX RETURNS OF THE CREDIT UNION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL REQUIRED FILINGS WITH TAX AUTHORITIES ARE UP-TO-DATE. X 0 0 0 BOB HERRINGTON CEO/PRESIDENT 357210 0 104257 0 13350 0 14850 0 25766 0 515433 0 0 0 DEAN AANDERUD CLO 154481 0 24775 0 0 0 8067 0 14966 0 202289 0 0 0 STEVE NANNICELLI CHIEF EXPERIENCE OFFICER 147420 0 24337 0 0 0 7729 0 14966 0 194452 0 0 0 JOANN BERGRUD COO 126553 0 20108 0 0 0 6600 0 9940 0 163201 0 0 0 ALEX KALLIOKOSKI CFO 125500 0 18942 0 0 0 6500 0 9853 0 160795 0 0 0 YVONNE FOSSEN HR MANAGER 123098 0 13626 0 0 0 6152 0 14966 0 157842 0 0 0 CHAD PETERSON VP OF REGIONAL EXPERIENCE 119214 0 13149 0 0 0 5956 0 14966 0 153285 0 0 0 ROBERT HERRINGTON CEO/PRESIDENT COLLATERAL ASSIGNMENT SPLIT-DOLLAR LIFE INSURANCE X 3785867 3785867 0 1 1 3785867 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS OWNED BY ITS MEMBERS, WHO ARE SERVED BY THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MADE BY THE BOARD MEMBERS ARE APPROVED BY THE MEMBERSHIP BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS APPROVES THE TAX RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 PAYROLL IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENT YEAR CHANGE IN EXCESS PENSION 554,018. 990 LINE 2C THE AUDIT IS SUPERVISED BY THE BOARD OF DIERCTORS AND KEY EMPLOYEES. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. NORTH STAR SERVICES LLC 109 CENTRAL AVE N MADDOCK ND 58348 364832739 INSURANCE SERVICES ND 3104 NORTH STAR COMMUNITY CREDIT UNION