Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
Acme Continental Credit Union
990 • Fiscal year 2020 • EIN 36-0703155
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.82x
Liabilities / Revenue
48th percentile
Higher debt load relative to revenue than 48% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 8.3% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Balance Sheet
Assets
Up$54,055,711
Up $9,078,245 (+20%) from 2019
Net Assets
Up$9,958,086
Up $1,385,726 (+16%) from 2019
Liabilities
Up$44,097,625
Up $7,692,519 (+21%) from 2019
Revenue And Expenses
Revenue
Down$2,181,763
Down $188,708 (-8.0%) from 2019
Expenses
Down$2,082,155
Down $93,471 (-4.3%) from 2019
Net Income
Down$99,608
Down $95,237 (-49%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Aug 23, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $2,181,763
Mission and Program Overview
Mission
Illinois state chartered credit union operated for the mutual benefit of its members. The Credit Union makes loans to members and pays dividends to members with share deposits at a competetive rate of interest.
Illinois state chartered credit union operated for the mutual benefit of its members
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $21,977,065 | $25,614,167 | ▲ $3,637,102 |
| Other Notes and Loans Receivable, Net | $19,791,298 | $17,375,297 | ▼ $2,416,001 |
| Rtn Earn Endowment Incm Other Fnds | $8,572,360 | $9,958,086 | ▲ $1,385,726 |
| Savings and Temporary Cash Investments | $1,885,176 | $9,803,660 | ▲ $7,918,484 |
| Investments Other Securities | $354,560 | $384,720 | ▲ $30,160 |
| Land, Buildings, and Equipment, Net | $280,203 | $286,213 | ▲ $6,010 |
| Cash and Non-Interest-Bearing Accounts | $312,244 | $252,506 | ▼ $59,738 |
| Accounts Receivable | $181,627 | $174,997 | ▼ $6,630 |
| Prepaid Expenses and Deferred Charges | $70,201 | $55,267 | ▼ $14,934 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $44,977,466 | $54,055,711 | ▲ $9,078,245 |
| Other Assets Total | $125,092 | $108,884 | ▼ $16,208 |
| Liabilities | |||
| Other Liabilities | $35,499,880 | $43,243,619 | ▲ $7,743,739 |
| Accounts Payable and Accrued Expenses | $905,226 | $854,006 | ▼ $51,220 |
| Total Liabilities | $36,405,106 | $44,097,625 | ▲ $7,692,519 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $8,572,360 | $9,958,086 | ▲ $1,385,726 |
| Total Liabilities and Net Assets / Fund Balance | $44,977,466 | $54,055,711 | ▲ $9,078,245 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $0 | $468,874 | $468,874 |
| Other Land Buildings | $18,687 | $269,514 | $288,201 |
| Land | $267,526 | - | $267,526 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mark Duffy | President & Treasurer | FT | $135,750 | $45,120 | $180,870 |
| David Kaczmarski | Secretary | FT | $73,319 | $16,306 | $89,625 |
Board Members and Trustees
| Name | Title |
|---|---|
| Donald Bischof | Chairperson |
| Gillie Beal | Vice Chairperson |
| Althea Moore | Director |
| Carl Luft | Director |
| Daniel Cotter | Director |
| Jonathan Russell | Director |
| Julie Cochrane | Director |
| Michele Ernst | Director |
| Wendy Lynn | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $1,715,414
- Investment Income
- $466,349
- Other Revenue
- $0
- Change in Net Assets
- $99,608
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,208,808 |
| Salaries, Compensation, and Employee Benefits | $873,347 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $425,458 |
| Office Expenses | - | - | - | $309,787 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $270,495 |
| Information Technology | - | - | - | $221,958 |
| Occupancy | - | - | - | $166,414 |
| Other Employee Benefits | - | - | - | $116,455 |
| Fees for Services Other | - | - | - | $64,956 |
| Payroll Taxes | - | - | - | $48,069 |
| Insurance | - | - | - | $38,746 |
| Fees for Services Accounting | - | - | - | $27,450 |
| Other Expenses | - | - | - | $14,549 |
| Depreciation Depletion | - | - | - | $13,680 |
| Pension Plan Contributions | - | - | - | $12,870 |
| Advertising | - | - | - | $3,578 |
| Conferences and Meetings | - | - | - | $1,933 |
| Total Functional Expenses | $0 | $0 | $0 | $2,082,155 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- Yes
- Subject to proxy tax
- No
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Total Exempt Function Spending | $750 |
Section 527 Organizations
| Organization | Location | Amount |
|---|---|---|
| - | Naperville, IL | $750 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Member shares | $43,243,619 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- No
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, line 4
“The Bylaws were updated to expand the number of Board members from 11 to 13.”
Form 990, Part VI, Section A, line 6
“Membership consists of individuals with funds on deposit with the Credit Union.”
Form 990, Part VI, Section A, line 7A
“Members participate in the annual election of the Board of Directors.”
Form 990, Part VI, Section B, line 11B
“The Form 990 was reviewed and approved by the Treasurer and Secretary of the Credit Union. A copy of the return was provided to the Board of Directors prior to filing.”
Form 990, Part VI, Section B, line 15
“Compensation for the Credit Union's officers is determined by the independent voting members of the Board of Directors. The annual CUNA salary survey is consulted in determining salary. Key employees salary is determined by the Treasurer and Secretary of the Credit Union with guidance from the CUNA Salary Survey.”
Form 990, Part VI, Section C, line 19
“The Credit Union makes its financial statements available through form 5300 which is posted on the ncua.gov website.”
Filing and Contact Details
Filer
- Filer Name
- Acme Continental Credit Union
- EIN
- 36-0703155
- Phone
- 7088493113
- Address
- 13601 S Perry Avenue, Riverdale, IL 60827
Signing Officer
- Name
- Mark Duffy
- Title
- President & Treasurer
- Phone
- 7088493113
- Signed
- 2021-08-23
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Mark Duffy
- Formed
- 1937
- Legal Domicile
- Il
- Voting Board Members
- 11
- Independent Board Members
- 9
- Employees
- 18
- Volunteers
- 9
Preparer
- Firm
- Desmond & Ahern Ltd
- Address
- 10827 S Western Ave, Chicago, IL 60643
- Preparer
- David J Rambo CPA
- Phone
- 7737794720
Supplemental Narrative
Additional Explanations
Form 990, Part XI, line 9:
“Equity acquired in merger of 100% of CSX Credit Union effective 9/30/20 1,286,118.”
Form 990, Part IV, Page 3, #12
“The statement of financial condition of Acme Continental Credit Union as of March 31, 2020 and the related statements of income, members' equity and cash flows for the year then ended were audited in accordance with auditing standards generally accepted in the United States of America. The FIN 48 Statement included in the March 31, 2020 is as follows. The Credit Union is exempt, by statute, from Federal income taxes under Internal Revenue Code Section 501(c)(14) and state income taxes. The tax exempt purpose of the Credit Union and the nature in which it operates is described in the first paragraph of Note 1. Management believes the Credit Union continues to operate in compliance with its tax exempt purpose. The Credit Union had no unrelated business income in 2020 or 2019 that management believes is subject to taxation. The Credit Union's annual information returns are filed with federal and state governments and are subject to examination generally for three years after they are filed.”
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| IRS990/Desc | 0 | Credit Union makes and services consumer and real estate loans to members. The number of loans outstanding at 12/31/20 was 3,683 for a total of $17,375,297. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
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| IRS990/MissionDesc | 0 | Illinois state chartered credit union operated for the mutual benefit of its members. The Credit Union makes loans to members and pays dividends to members with share deposits at a competetive rate of interest. |
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| IRS990/OtherExpensesGrp/Desc | 1 | Dividends |
| IRS990/OtherExpensesGrp/Desc | 2 | Loan servicing |
| IRS990/OtherExpensesGrp/Desc | 3 | Association dues |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 154900 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 117076 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 73781 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 14549 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 35499880 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 43243619 |
| IRS990/OtherOrganizationDsc | 0 | Cooperative |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 425458 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 19791298 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 17375297 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 48069 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 12870 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
| IRS990/PoliticalCampaignActyInd | 0 | 1 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 70201 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 55267 |
| IRS990/PrincipalOfficerNm | 0 | Mark Duffy |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 525990 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Loan Interest |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fees and other charges |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1424014 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 291400 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1424014 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 291400 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Credit Union pays out dividends to its members on share deposit accounts at a market rate of interest. Total number of share accounts at 12/31/20 is 6,295 in the amount of $43,243,619. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 509300 |
| IRS990/PYOtherExpensesAmt | 0 | 1345033 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1861171 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 194845 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 830593 |
| IRS990/PYTotalExpensesAmt | 0 | 2175626 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2370471 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 99608 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 8572360 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 9958086 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1885176 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 9803660 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/Form1120POLFiledInd | 0 | 1 |
| IRS990ScheduleC/InternalFundsContributedAmt | 0 | 750 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt | 0 | Credit Union Political Action Council (CUPAC) |
| IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt | 0 | 750 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt | 0 | 1807 W Diehl Road PO Box 3107 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm | 0 | Naperville |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd | 0 | 60566 |
| IRS990ScheduleC/TotalExemptFunctionExpendAmt | 0 | 750 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 468874 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 468874 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 267526 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 267526 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 18687 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 269514 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 288201 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 43243619 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Member shares |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 286213 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 43243619 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 135750 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 5697 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 39423 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Mark Duffy |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | President & Treasurer |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 180870 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Bylaws were updated to expand the number of Board members from 11 to 13. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Membership consists of individuals with funds on deposit with the Credit Union. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Members participate in the annual election of the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Form 990 was reviewed and approved by the Treasurer and Secretary of the Credit Union. A copy of the return was provided to the Board of Directors prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Compensation for the Credit Union's officers is determined by the independent voting members of the Board of Directors. The annual CUNA salary survey is consulted in determining salary. Key employees salary is determined by the Treasurer and Secretary of the Credit Union with guidance from the CUNA Salary Survey. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Credit Union makes its financial statements available through form 5300 which is posted on the ncua.gov website. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Equity acquired in merger of 100% of CSX Credit Union effective 9/30/20 1,286,118. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | The statement of financial condition of Acme Continental Credit Union as of March 31, 2020 and the related statements of income, members' equity and cash flows for the year then ended were audited in accordance with auditing standards generally accepted in the United States of America. The FIN 48 Statement included in the March 31, 2020 is as follows. The Credit Union is exempt, by statute, from Federal income taxes under Internal Revenue Code Section 501(c)(14) and state income taxes. The tax exempt purpose of the Credit Union and the nature in which it operates is described in the first paragraph of Note 1. Management believes the Credit Union continues to operate in compliance with its tax exempt purpose. The Credit Union had no unrelated business income in 2020 or 2019 that management believes is subject to taxation. The Credit Union's annual information returns are filed with federal and state governments and are subject to examination generally for three years after they are filed. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XI, line 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IV, Page 3, #12 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 44977466 |
| IRS990/TotalAssetsEOYAmt | 0 | 54055711 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 44977466 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 54055711 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 18 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2082155 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 36405106 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 44097625 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 36405106 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 44097625 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8572360 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9958086 |
| IRS990/TotalOtherCompensationAmt | 0 | 61426 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1715414 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 209069 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 466349 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1715414 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2181763 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 9 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 44977466 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 54055711 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 13601 S Perry Avenue |
| IRS990/USAddress/CityNm | 0 | Riverdale |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60827 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | www.acmecontinentalcu.com |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mark Duffy |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7088493113 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Acme Continental Credit Union |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACME |
| ReturnHeader/Filer/EIN | 0 | 360703155 |
| ReturnHeader/Filer/PhoneNum | 0 | 7088493113 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 13601 S Perry Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Riverdale |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60827 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 363321958 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Desmond & Ahern Ltd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10827 S Western Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Chicago |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60643 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7737794720 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-08-23 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $54,055,711
- Liabilities
- $44,097,625
- Net assets
- $9,958,086
- Revenue
- $2,181,763
- Expenses
- $2,082,155
- Net income
- $99,608