2025-07-28T15:00:03-05:00 2024-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2024-01-01 866095651 COCHISE CREDIT UNION COCH 5203842822 PO BOX 1154 WILLCOX AZ 85644 SHELLEY THOMPSON CEO/PRESIDENT 5203842822 2025-07-25 1 1 MATT R WILLIS P00419741 8067473806 2025-07-25 X 2024 2025-03-06 01:10:19Z SHELLEY THOMPSON PO BOX 1154 WILLCOX AZ 85644 3590854 0 2111 X WWW.COCHISECU.COM X 1958 AZ TO PROMOTE THRIFT AND SAVINGS AMONG ITS MEMBERS. 7 7 13 7 43245 0 0 0 2753224 3209748 271015 369846 7836 11260 3032075 3590854 0 0 0 0 731675 798845 0 0 0 1055922 1566430 1787597 2365275 1244478 1225579 58650837 67312907 49071261 56507752 9579576 10805155 X THE CREDIT UNION WAS ESTABLISHED TO PROMOTE THRIFT AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR SUCH MEMBERS AT REASONABLE RATES OF INTEREST AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. 0 0 THE CREDIT UNION CURRENTLY MAINTAINS 11,703 ACCOUNTS AND SERVES ITS MEMBERSHIP BY HOLDING DEPOSITS FOR AND MAKING LOANS TO ITS 5,650 MEMBERS DURING THE YEAR. 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 1 795 0 13 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 1 1 0 X SHELLEY THOMPSON 5203842822 580 NORTH HASKELL WILLCOX AZ 85643 SHELLEY THOMPSON CEO/GENERAL MANAGER 40.00 X 106214 0 12570 TROY JUDD CHAIRPERSON 4.50 X X 0 0 0 BETSY AJEMAN VICE CHAIRPERSON 5.00 X X 0 0 0 BETTY PETERSON TREASURER 6.00 X X 0 0 0 NANCY WELCH SECRETARY 3.00 X X 0 0 0 KATHY MORENO MEMBER 3.00 X 0 0 0 LORIE MOREMAN MEMBER 2.50 X 0 0 0 DAN DOUGLAS MEMBER 3.00 X 0 0 0 106214 0 12570 1 0 0 0 0 MEMBER LOAN INTEREST 522100 2572288 2572288 VISA CARD 522200 394793 394793 ACCOUNT SERVICE FEES 522100 214685 192206 22479 SERVICE INCOME ON LOAN 522200 27982 8566 19416 3209748 369846 369846 MISCELLANEOUS INCOME 522100 11260 9910 1350 11260 3590854 3547609 43245 0 118784 540039 26392 64941 48689 37690 16400 10588 18856 243031 57822 96024 20232 741 531859 158902 DUES & FEES EXPENSE 254889 LOAN SERVICE EXPENSE 96210 MISCELLANEOUS 23186 2365275 692908 1114209 10990880 14019886 42743933 45949883 97514 77091 6309570 841023 476032 5468547 3649570 683291 58650837 67312907 37636 56605 49033625 56451147 49071261 56507752 X 376556 376556 0 0 9203020 10428599 9579576 10805155 58650837 67312907 1225579 0 X 0 1 X 0 0 242715 242715 4362164 97766 4264398 823903 422769 401134 880788 320488 560300 5468547 MEMBERS' SHARES & SAVINGS 56167342 DIVIDENDS PAYABLE 19666 ACCRUED EXPENSES 77449 TAXES PAYABLE 8584 OTHER LOANS 178106 56451147 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION WAS FORMED BY THE MEMBERS TO PROVIDE QUALITY FINANCIAL SERVICES TO ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND EMPLOYEES ARE REQUIRED TO BE FAMILIAR WITH THE CONFLICT OF INTEREST POLICY AND REPORT ANY POSSIBLE CONFLICT TO MANAGMENT OR THE BOARD AS SOON AS THEY ARE AWARE OF THE POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD USES THE SMALL CREDIT UNION STAFF SALARY SURVEY PRODUCED BY CUNA WHEN DETERMINING THE TOP MANAGEMENT OFFICIAL'S WAGES. THE CREDIT UNION DOES NOT HAVE ANY OTHER EMPLOYEES, BESIDES THE TOP MANAGEMENT OFFICIAL, WHO ARE CONSIDERED OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION WILL PROVIDE A COMPLETE COPY OF THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY TO ANY MEMBER WHO REQUESTS A COPY. THE AUDITED FINANCIAL STATEMENTS ARE ON A SEPTEMBER 30 YEAR END WHILE THE 990 IS ON A DECEMBER 31 YEAR END.