2025-10-02T17:10:02-05:00 2024-12-31 350921680 CROWE LLP ONE MID AMERICA PLAZA SUITE 600 OAKBROOK TERRACE IL 601814707 990 2024-01-01 954168424 NATIONAL ASSOCIATION OF CREDIT UNION SERVICE ORGANIZATIONS INC NATI 6162098847 4736 ROYAL AVE PMB 109202 EUGENE OR 97402 MIRIAM ACKERMAN INTERIM CEO 6162098847 2025-09-30 1 0 NATALIE E JASPER P01968164 6305747878 2025-09-29 2024 2025-03-06 01:10:19Z MIRIAM ACKERMAN 4736 ROYAL AVE PMB 109202 EUGENE OR 97402 1556450 0 X WWW.NACUSO.ORG X 1985 CA THE MISSION OF THE NATIONAL ASSOCIATION OF CREDIT UNION SERVICE ORGANIZATIONS IS TO BE THE CATALYST FOR INSTITUTING COLLABORATION, INNOVATION, AND THE REINVENTION OF THE CREDIT UNION INDUSTRY. 12 12 8 12 0 0 0 0 1588954 1523714 36773 32736 0 0 1625727 1556450 0 0 0 0 654549 663083 0 0 0 945792 1179716 1600341 1842799 25386 -286349 1342795 936179 562850 442583 779945 493596 X THE MISSION OF THE NATIONAL ASSOCIATION OF CREDIT UNION SERVICE ORGANIZATIONS (NACUSO) IS TO BE THE CATALYST FOR INSTITUTING COLLABORATION, INNOVATION, AND THE REINVENTION OF THE CREDIT UNION INDUSTRY. (CONTINUED ON SCHEDULE O)NACUSO STRIVES TO SUPPORT THE ADVANCEMENT OF CREDIT UNION SERVICE ORGANIZATIONS. 0 0 DURING THE YEAR, NACUSO PROVIDED CONTINUING EDUCATION AND NETWORKING ENVIRONMENTS TO FACILITATE THE EXCHANGE OF INFORMATION, IDEAS AND EXPERIENCES TO 267 MEMBERS AND/OR PARTICIPANTS. NACUSO ALSO CONDUCTS AN ANNUAL CONFERENCE. IT IS DESIGNED TO EDUCATE PARTICIPANTS THROUGH EXPOSURE TO INDUSTRY LEADERS AND EXPERTS, GUEST PANELS AND SPEAKERS, AND POWERFUL MEETING MATERIALS. THE ANNUAL EVENT PROVIDES CRITICAL OPPORTUNITIES FOR NETWORKING AND HIGH LEVELS OF MEMBER PARTICIPATION. THE CONFERENCE OFFERS A FRESH, INNOVATIVE STYLE UNIQUE TO THE INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 0 1 0 1 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 1 1 1 0 1 15 0 1 8 1 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X PLEXCITY 8004698656 2100 E ROUTE 66 SUITE 101 GLENDORA CA 91740 BECKY REED CHAIR 2.00 1.00 X X 0 0 0 DEAN YOUNG VICE-CHAIR 2.00 X X 0 0 0 NICK EVENS SECRETARY 2.00 X X 0 0 0 BILL BEARDSLEY TREASURER 2.00 X X 0 0 0 SETH BRICKMAN DIRECTOR 1.00 1.00 X 0 0 0 BRAD CRANDALL DIRECTOR 1.00 X 0 0 0 RAY CROUSE DIRECTOR 1.00 1.00 X 0 0 0 PHIL DUPRESS DIRECTOR 1.00 X 0 0 0 MIKE HAGGERTY DIRECTOR 1.00 X 0 0 0 MARY BETH SPUCK DIRECTOR 1.00 2.00 X 0 0 0 SCOTT COLLINS DIRECTOR 1.00 X 0 0 0 MIRIAM ACKERMAN DIRECTOR 1.00 X 0 0 0 JOHN JANCLAES DIRECTOR (THRU APRIL 2024) 1.00 X 0 0 0 MATTHEW KARDELL DIRECTOR (THRU FEBRUARY 2024) 1.00 X 0 0 0 RONALDO HARDY PRESIDENT/CEO 36.00 4.00 X 277163 0 10787 277163 0 10787 1 0 1 0 0 CONFERENCE REVENUE 522100 928714 928714 MEMBERS DUES 522100 568399 568399 MEMBER PROGRAM REVENUE 900099 26601 26601 1523714 32736 32736 1556450 1523714 0 32736 287950 295389 4292 33689 41763 96614 81711 45000 37950 117845 59969 13373 65263 638285 4296 6166 DUES AND SUBSCRIPTIONS 8882 NEWSLETTER EXPENSES 781 3581 1842799 26 26 1200394 699165 60 12890 69388 63195 59923 49068 5879 10855 30000 30000 37048 120048 1342795 936179 36484 23436 526366 419147 562850 442583 X 779745 471728 200 21868 779945 493596 1342795 936179 -286349 0 X 1 X 0 1 0 0 0 0 568399 PART III-B ALL LOBBYING ACTIVITIES CONDUCTED BY THE ORGANIZATION DURING THE TAX YEAR WERE FUNDED EXCLUSIVELY BY SEPARATELY EARMARKED CONTRIBUTIONS TO A DESIGNATED ADVOCACY FUND. NO MEMBERSHIP DUES, ASSESSMENTS, OR SIMILAR AMOUNTS WERE USED TO FUND LOBBYING OR POLITICAL ACTIVITIES. ACCORDINGLY, THE AMOUNT OF DUES ALLOCABLE TO LOBBYING AND POLITICAL ACTIVITIES IS ZERO. 59923 49068 10855 10855 INTERCOMPANY TRANSACTIONS DUE TO/FROM NBS 120048 120048 X PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C) (6) OF THE INTERNAL REVENUE CODE. ALTHOUGH THE ORGANIZATION WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS INCOME". NO PROVISION FOR UNRELATED BUSINESS INCOME TAX HAS BEEN MADE AS IT IS CONSIDERED IMMATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT DECEMBER 31, 2024 AND 2023. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE ORGANIZATION DID NOT HAVE ANY AMOUNTS ACCRUED OR EXPENSES FOR INTEREST OR PENALTIES AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. X 0 0 0 RONALDO HARDY PRESIDENT/CEO 276743 0 0 0 420 0 8495 0 2292 0 287950 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RONALDO HARDY, SETH BRICKMAN, RAY CROUSE, BECKY REED, AND MARY BETH SPUCK - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 NACUSO HAS MEMBERS WHO HAVE THE RIGHT TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY AND WHO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A NACUSO HAS TWO CLASSES OF MEMBERSHIP: PRIMARY MEMBERS AND SUPPORTING MEMBERS. PRIMARY MEMBERS IN GOOD STANDING POSSESS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B NACUSO'S MEMBERS MAY PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. SPECIFICALLY, THE MEMBERSHIP VOTES ON MATTERS INVOLVING CHANGES TO THE BYLAWS OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT. SUBSEQUENT TO THIS REVIEW, THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. THE GENERAL COUNSEL REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS EXIST. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A: THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CEO'S SALARY ANNUALLY; HOWEVER, COMPARABILITY DATA IS NOT USED EVERY YEAR BECAUSE COST-OF-LIVING ADJUSTMENTS ARE MADE. FORM 990, PART VI, SECTION B, LINE 15B: NACUSO DOES NOT HAVE ANY OTHER OFFICERS OR KEY EMPLOYEES WHO RECEIVE COMPENSATION SO THIS QUESTION HAS BEEN INTENTIONALLY MARKED "NO." FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THEY ARE DISTRIBUTED TO MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, LINE 13 - WHISTLEBLOWER POLICY THE ORGANIZATION DOES NOT HAVE A WHISTLEBLOWER POLICY BECAUSE OF THE RELATIVELY SMALL SIZE OF THE ORGANIZATION AND FEW EMPLOYEES. THE BOARD HAS NO CURRENT PLANS TO IMPLEMENT THIS POLICY. FORM 990, PART VI, LINE 14 - DOCUMENT RETENTION AND DESTRUCTION POLICY THE ORGANIZATION DOES NOT HAVE A DOCUMENT RETENTION AND DESTRUCTION POLICY BECAUSE OF THE RELATIVELY SMALL SIZE OF THE ORGANIZATION AND FEW EMPLOYEES. THE BOARD HAS NO CURRENT PLANS TO IMPLEMENT THESE POLICIES. NACUSO BUSINESS SERVICES INC 6000 28TH STREET SE STE 300 GRAND RAPIDS MI 49546 863787795 CREDIT UNION SERVICES MI NATIONAL ASSOCIATION OF CREDIT UNION SERVICE ORGANIZATIONS INC C 77938 77574 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 NACUSO BUSINESS SERVICES INC L 60000 CASH