2024-11-15T15:45:34-06:00 2023-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2023-01-01 237247091 PATHWAYS FINANCIAL CREDIT UNION PATH 6144167588 5665 N HAMILTON ROAD COLUMBUS OH 43230 CHRISTOPHER B HOOVER CFO 6144167588 2024-11-06 1 1 KATHY M MOSELEY P00116760 5138713033 2024-11-06 2023 2024-10-15 13:58:12Z CHRISTOPHER B HOOVER 5665 N HAMILTON ROAD COLUMBUS OH 43230 28170743 0 X WWW.PATHWAYSCU.COM X 1973 OH TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 10 10 131 10 10142 0 0 0 28285076 24765158 2564676 3405585 0 0 30849752 28170743 0 0 0 0 9348246 8276683 0 0 0 15162442 17431878 24510688 25708561 6339064 2462182 594689116 603784345 541889723 548375230 52799393 55409115 TO PROVIDE LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO ITS MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE LOCAL MARKETPLACE AND WITH A "SERVICE-BASED" EMPHASIS THAT RECOGNIZES THE MEMBERS' STATUS AS "OWNER". 0 0 PROVIDE FINANCIAL SERVICES TO MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 1 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 1 0 0 0 1 8982 10 1 131 1 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CHRISTOPHER B HOOVER 6144167588 5665 N HAMILTON ROAD COLUMBUS OH 43230 BILL KNOLES BOARD MEMBER 1.00 X 7450 0 0 MARSHA CALLOWAY BOARD MEMBER 1.00 X 6750 0 0 KIRK PIERSON BOARD MEMBER 1.00 X 8250 0 0 MIKE SISINGER BOARD MEMBER 1.00 X 7350 0 0 JACK RADICH BOARD MEMBER 1.00 X 7550 0 0 JOHN FALK BOARD MEMBER 1.00 X 9250 0 0 GAIL KELLEY BOARD MEMBER 1.00 X 1750 0 0 MICHAEL POE BOARD MEMBER 1.00 X 5250 0 0 BRIAN LAKEY BOARD MEMBER 1.00 X 4250 0 0 LIONEL HARRIS BOARD MEMBER 1.00 X 6250 0 0 MIKE SHAFER CEO 40.00 X 562032 0 37354 GREG KIDWELL PRESIDENT 40.00 X 389396 0 19000 CHRIS HOOVER CFO 40.00 X 206713 0 12133 CASEY ECKLES COO 40.00 X 205387 0 13253 ANDY TARBOX CIO 40.00 X 209962 0 13663 JILL JUSTICE CHR 40.00 X 171255 0 10790 CURTIS ONOFRI CLO 40.00 X 200536 0 13232 CHRISTINA GIL AVP LOAN ORIGINATIONS 40.00 X 110426 0 8615 DEANNA BARZAK VP OF BUSINESS DEV 40.00 X 118812 0 7759 MARIA GONZALEZ VP OF SALES AND SERVICES 40.00 X 129025 0 8806 MICHELE MURRY VP OF ADMIN 40.00 X 110418 0 7390 CHRISTINE MARTINO VP OF COMPLIANCE & RISK 40.00 X 122988 0 4739 2601050 0 156734 12 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CARD SERVICES 1570459 CUA 6000 28TH STREET SE GRAND RAPIDS MI 49546 DATA PROCESSOR 689642 CORELATIONS 2305 HISTORIC DECATUR RD STE 300 SAN DIEGO CA 92106 DATA PROCESSOR 580813 SWITCHTHINK 148 N 48TH STREET PHOENIX AZ 85034 DATA PROCESSOR 172752 4 LOAN INTEREST 18148081 18148081 OTHER INCOME 3993770 3983628 10142 FEE INCOME 2623307 2623307 24765158 3405585 3405585 28170743 24755016 10142 3405585 2128806 6147877 186951 1128445 3924375 961780 5547996 PROVISION FOR LOAN & LE 2503028 DATA PROCESSING 1621801 LOAN SERVICING EXPENSE 1041692 MISCELLANEOUS 257403 258407 25708561 X 5359566 6922350 25383611 48397475 408985891 406411377 1254347 3271217 18751732 4606003 15238142 14145729 101853204 92526655 36614355 32109542 594689116 603784345 8482374 8704943 20000000 533407349 519670287 541889723 548375230 X 0 0 0 0 52799393 55409115 52799393 55409115 594689116 603784345 2462182 147540 0 X 0 1 X 1 0 2880000 2880000 6806582 1519473 5287109 5062794 1386747 3676047 4002356 1699783 2302573 14145729 CERTIFICATES OF DEPOSIT 8481593 C CORPORATE CDS CAPITALIZATION 9552084 C US GOV'T SECURITIES & AGENCIES 74492978 C 92526655 ACCRUED INTEREST 2050191 OTHER ASSETS 29932934 CORE DEPOSIT INTANGIBLE (CDI) 126417 32109542 MEMBERS' SHARES & DEPOSITS 512613025 OTHER LIABILITIES 7057262 519670287 X 28170743 0 28170743 0 28170743 25708561 0 25708561 0 25708561 PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL AND STATE INCOME TAXES EXCEPT FOR CERTAIN CHARGES SUCH AS NON-MEMBER ATM FEES WHICH HAVE BEEN DEEMED BY THE INTERNAL REVENUE SERVICE (IRS), IN TECHNICAL ADVICE MEMORANDUMS RELEASED IN MARCH 2007, TO BE UNRELATED TO THE SPECIFIC ENTITY'S EXEMPT PURPOSE. AS PRESENTED IN THE TECHNICAL ADVICE MEMORANDUMS, THE NET TAXABLE INCOME FROM THESE CHARGES IS SUBJECT TO INCOME TAXES UNDER THE UNRELATED BUSINESS INCOME TAX (UBIT) REGULATIONS. TAX RETURNS WERE FILED TIMELY FOR THE 2022 CALENDAR YEAR AND WILL BE FILED BY NOVEMBER 15, 2024 FOR THE 2023 CALENDAR YEAR. AN ESTIMATED LIABILITY HAS NOT BEEN RECOGNIZED IN THE FINANCIAL STATEMENTS BECAUSE THE TAXES DUE ARE NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL CONDITION OR RESULTS OF OPERATIONS. 1 X X 0 0 0 MIKE SHAFER CEO 470938 0 85850 0 5244 0 13133 0 24221 0 599386 0 0 0 GREG KIDWELL PRESIDENT 326478 0 57674 0 5244 0 19000 0 0 0 408396 0 0 0 ANDY TARBOX CIO 170610 0 36668 0 2684 0 12463 0 1200 0 223625 0 0 0 CHRIS HOOVER CFO 170161 0 31618 0 4934 0 12133 0 0 0 218846 0 0 0 CASEY ECKLES COO 165593 0 34860 0 4934 0 12053 0 1200 0 218640 0 0 0 CURTIS ONOFRI CLO 165092 0 34760 0 684 0 12032 0 1200 0 213768 0 0 0 JILL JUSTICE CHR 138675 0 27671 0 4909 0 9590 0 1200 0 182045 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER-OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS FOR THREE YEARS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLE PLURITY VOTE. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE GOVERNING DOCUMENTS AND BYLAWS MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS AND THE REGULATORY AGENCY OF THE CREDIT UNION (OHIO DIVISION OF FINANCIAL INSTITUTIONS). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ON AN ANNUAL BASIS WITH THE BOARD AT THE MAY BOARD MEETING. AFTER REVIEWING THE POLICY EACH BOARD MEMBER SIGNS THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION USES A SALARY MANUAL PROVIDED BY CUNA (AN ORGANIZATION THAT IS SPECIFIC TO CREDIT UNIONS) FOR ALL ITS EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED AT EACH BRANCH OFFICE AND ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X: SOME BEGINNING BALANCES WERE RECLASSIFIED FOR PRESENTATION PURPOSES ONLY. MEMBER POWER SERVICES GROUP 5665 N HAMILTON ROAD COLUMBUS OH 43230 271878860 DISSOLVED IN 2023 OH 0 0 PATHWAYS FINANCIAL CREDIT UNION 23-7247091