2025-10-20T06:56:54-05:00 2024-12-31 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 43215 990 2024-01-01 340764365 PAINESVILLE CREDIT UNION PAIN 4403528974 280 N CLAIR STREET PAINESVILLE OH 44077 LORI GUZZI CEO 4403528974 2025-10-16 1 1 KATHY MOSELEY P00116760 6142211120 2025-10-16 2024 2025-03-06 01:10:19Z LORI GUZZI 280 N CLAIR STREET PAINESVILLE OH 44077 2775766 0 X WWW.PAINESVILLECU.ORG X 1941 OH TO PROMOTE THRIFT IN ITS MEMBERS BY PROVIDING LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO QUALIFIED MEMBERS. 7 7 12 10 0 0 0 0 1929282 2247424 507760 528342 0 0 2437042 2775766 0 0 105370 183613 741716 763426 0 0 0 975224 1050548 1822310 1997587 614732 778179 43929411 45148644 37880134 38321188 6049277 6827456 TO PROMOTE THRIFT IN ITS MEMBERS BY PROVIDING LENDING, SAVINGS AND OTHER FINANCIAL SERVICES TO QUALIFIED MEMBERS. 0 0 OUR PRIMARY SERVICE IS LENDING, AND THE REVENUE THAT WE RECEIVE IS IN THE FORM OF INTEREST AND FEES ON LOANS. THE FUNDS THAT WE LOAN OUT ARE THOSE THAT HAVE BEEN DEPOSITED BY OUR MEMBERS, SO THE EXPENSES--THE COST OF THOSE FUNDS--ARE THE DIVIDENDS THAT WE PAY ON THESE DEPOSITS PLUS ANY INTEREST THAT WE PAY ON FUNDS THAT WE NEED TO BORROW. WE ALSO OFFER SHARE DRAFT-CHECKING ACCOUNT WITH ATM CARDS. WE RECEIVE REVENUE FROM THE MEMBERS BY PROVIDING THESE SERVICES AND INCUR COSTS AS WELL. 0 0 0 0 0 0 0 0 0 1 1 0 1 1 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 1 10 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 1 0 0 1 0 1 1 1 0 0 X LORI GUZZI 4403528974 280 N ST CLAIR ST PAINESVILLE OH 44077 KENNETH TAKACS BOARD PRESIDENT 5.00 X X 0 0 0 DAVID SHOOK BOARD MEMBER 1.00 X 0 0 0 REX BUCHS BOARD VICE CHAIR 1.00 X 0 0 0 TIM MURPHY BOARD MEMBER 1.00 X 0 0 0 ALI PALECEK BOARD MEMBER 1.00 X 0 0 0 TOBY BURGETT BOARD TREASURER 1.00 X X 0 0 0 DEBBIE DOMINISH BOARD MEMBER 1.00 X 0 0 0 LORI GUZZI CEO 50.00 X 137319 0 0 LYNNE KLINE COO 40.00 X 127172 0 0 264491 0 0 2 0 0 0 0 INTEREST INCOME FROM L 522100 1469258 1469258 OTHER INCOME 522100 411501 411501 FEES CHARGED 522100 366665 366665 2247424 528342 528342 2775766 2247424 0 528342 183613 264491 367905 131030 177684 55918 434014 115632 9098 23331 PROVISION FOR LOAN 101380 LOAN SERVICING 89466 MISC OPERATING EXPENSES 29786 ASSOCIATION DUES 14239 1997587 3538385 5274103 21961622 25786373 101972 115112 2236472 765777 1234703 1470695 13265770 8545770 3826959 3956591 43929411 45148644 490485 673341 37389649 37647847 37880134 38321188 X 0 0 0 0 6049277 6827456 6049277 6827456 43929411 45148644 778179 0 X 0 1 X 0 0 271265 271265 1430175 540739 889436 403803 212378 191425 131229 12660 118569 1470695 CD'S MATURITIES MORE THAN 1 YEAR 2740000 C OTHER INVESTMENTS 5805770 C 8545770 OTHER ASSETS 3497834 ACCRUED INTEREST INCOME 90802 NCUSIF DEPOSIT 367955 3956591 MEMBER SHARE DEPOSITS 37647847 37647847 X PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (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. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE VOTING RIGHTS FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE CHARTER ARE SUBJECT TO MEMBERS APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12 ALL BOARD, STAFF AND VOLUNTEERS SIGN OFF ON OUR POLICIES EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE STUDIES, REASEARCHES COMPENSATION FOR MANAGEMENT AND THEN THE ENTIRE BOARD VOTES. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC