2025-11-17T12:22:12-07:00 2024-12-31 Candra A Turpin CPA PO Box 273 Sterling OK 73567 990 2024-01-01 736112731 CREDIT UNIONS IN THE STATE OF OKLAHOMA COOPERATIVE EMPLOYEES CRE CRED 4052474402 701 NE 7th Street - PO Box 429 Anadarko OK 73005 Jamie Courtney CEO-Manager 4052474522 2025-11-14 1 1 Candra Turpin P01287447 5804925698 2025-11-14 X 2024 2025-03-06 01:10:19Z Jamie Courtney 701 NE 7th Street - PO Box 429 Anadarko OK 73005 578740 0 X www.cecuok.virtualcu.net X 1967 OK The Cooperative Employees' Credit Union (CECU) will conduct business for the benefit of its member owners by providing a full spectrum of quality financial products that create opportunities for members' financial growth and stability. 9 9 3 9 0 0 0 0 409323 486765 79871 91975 0 0 489194 578740 0 0 2913 2971 204540 217285 0 0 0 280838 353581 488291 573837 903 4903 8663074 8819907 72914 84924 8590160 8734983 The CECU will conduct business for the benefit of its member owners by providing a full spectrum of quality financial products that create opportunities for members' financial growth and stability. 0 0 0 0 0 Loans to Members: 146 loans to member accounts totaling $2,686,220 0 0 0 Interest Bearing Share Accounts: 1,276 member accounts totaling $6,707,956 0 0 0 Individual Retirement Accounts: 27 member accounts totaling $1,025,187 573837 0 See Part IX, Columns (A) & (B) for full breakdown of expenses of this organization. 573837 0 0 573837 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 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 1 237 0 1 3 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 OK X Taylor Vasquez 4052474522 701 NE 7th Street - PO Box 429 Anadarko OK 73005 Two FT Employees-One PT Employee Officers & Administrative 40 X 136364 0 0 Travis Goucher Director/President 5 0 X 0 0 0 Clem Cassmeyer Director/Vice-President 2 0 X 0 0 0 Kelli Keeling Director/Secretary 3 0 X 0 0 0 Radley Stevens Director/Treasurer 2 0 X 0 0 0 Joe Cheatham Director 3 0 X 0 0 0 Sara Cramer Director 3 0 X 0 0 0 Joshua Kirby Director 1 0 X 0 0 0 Danny Hammons Director 1 0 X 0 0 0 Amanda Opitz Director 1 0 X 0 0 0 136364 0 0 0 0 0 0 0 0 Interest on Loans to Members 522130 423905 423905 0 0 Interest Rebates on Loans to Members 522130 -16443 -16443 0 0 Miscellaneous Interest Income and Fees 522130 79303 79303 0 0 0 0 0 0 486765 91975 91975 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 578740 578740 0 0 X 2971 2971 136364 136364 22116 22116 48408 48408 10397 10397 582 582 27373 27373 1031 1031 95561 95561 39035 39035 2814 2814 6108 6108 1543 1543 9342 9342 Association Dues 12610 12610 0 0 Loan Servicing Expense 1827 1827 0 0 Dividends to Members on Shares 17189 17189 0 0 Dividends to Members-Share CDs and IRAs 136089 136089 0 0 2477 2477 573837 573837 0 0 1082601 960509 1187895 1491421 6037587 6025618 218867 173941 19133 41342 88565 74978 15130 13587 101861 113489 8663074 8819907 72914 84924 72914 84924 X 7593222 7733143 362169 362169 634769 639671 8590160 8734983 8663074 8819907 X 4903 0 0 0 0 139920 X X 1 X 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 88565 74978 13587 0 0 0 0 13587 Schedule D, Part IV, Line 1d Office computers and related business equipment. Joshua Kirby Director Personal Property X 40025 24275 0 1 1 Kelli Keeling Director Personal Property X 16591 9850 0 1 1 Travis Goucher Director Personal Property X 93351 45285 0 1 1 Taylor Vasquez Officer Personal Property X 105421 94531 0 1 1 173941 Schedule L, Part II (c): All loans to "Interested Persons" listed in #1-#4 are for purposes of personal property loans and collateralized by each personal property item per loan. Form 990, Part VI, Section A, Line 6 This organization is comprised of members which voluntarily join through an application process and pay a membership fee. All members are eligible to receive periodic distributions of excess revenues in the form of dividends and/or interest rebates. Form 990, Part VI, Section A, Line 7a The membership of the CECU elects (annually) the members of the governing body. Form 990, Part VI, Section A, Line 7b Governance decisions are discussed and approved by the CECU membership as necessary. Form 990, Part VI, Section B, Line 11b The CECU Manager reviews all the information on the Form 990 before the final version is submitted for filing to the IRS. The approved Form 990 is retained in the CECU's electronic files at its physical office location and is available to directors and/or members upon request. Form 990, Part VI, Section C, Line 19 All CECU governing documents, policies, and financial statements are retained in the CECU's physical office location and available upon request. Form 990, Part IX, Line 24e All other expenses include the sum of the following: Provision for Loan Losses $2,476, Cash Over/Short $1 Form 990, Part XI, Line 9 Other changes in net assets or fund balances consists of the sum of the following: Increase in Member Share CDs and IRAs $239,086, Decrease in Shares -$99166. Form 990, Part XII, Line 1 The CECU uses a modified cash accounting method which has not changed.