Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
990 • Fiscal year 2018 • EIN 36-0757152
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 14.1% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Up$27,005,867
Up $7,928,490 (+42%) from 2017
Net Assets
Up$3,049,673
Up $670,930 (+28%) from 2017
Liabilities
Up$23,956,194
Up $7,257,560 (+43%) from 2017
Revenue
Up$882,975
Up $72,449 (+8.9%) from 2017
Expenses
Down$871,464
Down $339,119 (-28%) from 2017
Net Income
Up$11,511
Up $411,568 (+103%) from 2017
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 offering financial services to its members.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $9,749,660 | $14,112,889 | ▲ $4,363,229 |
| Other Notes and Loans Receivable, Net | $7,493,732 | $10,281,965 | ▲ $2,788,233 |
| Rtn Earn Endowment Incm Other Fnds | $2,378,743 | $3,049,673 | ▲ $670,930 |
| Savings and Temporary Cash Investments | $1,006,026 | $1,071,495 | ▲ $65,469 |
| Cash and Non-Interest-Bearing Accounts | $142,868 | $749,683 | ▲ $606,815 |
| Land, Buildings, and Equipment, Net | $385,618 | $373,997 | ▼ $11,621 |
| Prepaid Expenses and Deferred Charges | $34,653 | $45,142 | ▲ $10,489 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $19,077,377 | $27,005,867 | ▲ $7,928,490 |
| Other Assets Total | $264,820 | $370,696 | ▲ $105,876 |
| Liabilities | |||
| Other Liabilities | $16,624,837 | $23,876,507 | ▲ $7,251,670 |
| Accounts Payable and Accrued Expenses | $73,797 | $79,687 | ▲ $5,890 |
| Total Liabilities | $16,698,634 | $23,956,194 | ▲ $7,257,560 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,378,743 | $3,049,673 | ▲ $670,930 |
| Total Liabilities and Net Assets / Fund Balance | $19,077,377 | $27,005,867 | ▲ $7,928,490 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $166,840 | $114,013 | $280,853 |
| Land | $141,517 | - | $141,517 |
| Equipment | $65,640 | $71,170 | $136,810 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kyle B Whelan | President/CEO | FT | $90,460 | $34,040 | $124,500 |
| Name | Title |
|---|---|
| Clifton O Bartelt | Chairman |
| Durrell Williams | Vice Chairman |
| Bobbie Mitchell | Director |
| Gerard Nickels | Director |
| Jim Weiss | Director |
| Judith Jarvis | Director |
| Leda Brownlee | Director |
| Michelle Meyer | Director |
| Elizabeth Jarvis | Secretary |
| Reginald Campbell | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $511,755 |
| Salaries, Compensation, and Employee Benefits | $359,709 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $190,274 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $124,500 |
| Office Expenses | - | - | - | $107,344 |
| Information Technology | - | - | - | $104,578 |
| Depreciation Depletion | - | - | - | $38,966 |
| Occupancy | - | - | - | $33,051 |
| Payroll Taxes | - | - | - | $27,169 |
| Insurance | - | - | - | $20,600 |
| Other Employee Benefits | - | - | - | $17,766 |
| Conferences and Meetings | - | - | - | $12,050 |
| Other Expenses | - | - | - | $10,524 |
| All Other Expenses | - | - | - | $10,264 |
| Fees for Services Other | - | - | - | $7,867 |
| Fees for Services Accounting | - | - | - | $7,800 |
| Advertising | - | - | - | $7,090 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $1,330 |
| Travel | - | - | - | $161 |
| Total Functional Expenses | $0 | $0 | $0 | $871,464 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $871,464 |
| Total Expenses per Audited Statements | $871,464 |
| Total Expenses per Form 990 | $871,464 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Members' share and savings accounts | $23,876,507 |
“Judith Jarvis and Elizabeth Jarvis are both on the Board of Directors and are sisters.”
“The Articles of Incorporation were amended in 2019 to increase the number of Directors from seven to fourteen. The Articles were further amended to allow the Board to appoint an Executive Committee of six Directors who may be authorized to act for the Board in all respects subject to such conditions and limitations as are prescribed by the Board.”
“Membership consists of individuals with funds on deposit with the credit union.”
“The membership participates in the annual election of the Board of Directors.”
“Members have a vote on a Credit Union merger or liquidation.”
“The Form 990 was reviewed by the CEO and Vice President of Operations and made available to the full Board after filing.”
“Potential conflicts monitored quarterly by the Supervisory Committee.”
“Compensation of the CEO and Vice President is reviewed annually by an independent committee using comparability data and CUNA salary guidelines.”
“Available upon request”
“Equity acquired in merger with Dial Credit Union (FEIN 36-0746240) 672,587.”
“FIN 48 Note from Audited Financial Statements Fox Valley Credit Union was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(14). 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 2018 and 2017 that management believes is subject to taxation. The Credit Union's annual information returns filed with the Internal Revenue Service are open to examination generally for three years after filing.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 73797 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 79687 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Illinois state chartered credit union offering financial services to its members. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 7090 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10264 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Kyle B Whelan |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6308592393 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 575 North Broadway |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Aurora |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60505 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 142868 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 749683 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 124500 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 12050 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 239182 |
| IRS990/CYOtherExpensesAmt | 0 | 511755 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 643793 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 11511 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 359709 |
| IRS990/CYTotalExpensesAmt | 0 | 871464 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 882975 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 38966 |
| IRS990/Desc | 0 | Credit Union makes and services consumer and real estate loans to members. The number of loans outstanding at 12/31/18 was 788 for a total of $10,590,541. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7800 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 7867 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 1330 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 48.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 34040 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Clifton O Bartelt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Durrell Williams |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Reginald Campbell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Elizabeth Jarvis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Michelle Meyer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Bobbie Mitchell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Judith Jarvis |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Gerard Nickels |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Leda Brownlee |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Jim Weiss |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Kyle B Whelan |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 90460 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | President/CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1936 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 882975 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 104578 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 20600 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 239182 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 239182 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 9749660 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 14112889 |
| IRS990/IRPDocumentCnt | 0 | 3711 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 185183 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 385618 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 373997 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 559180 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 1 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2378743 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3049673 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -13168 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 33051 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 107344 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 264820 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 370696 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 672587 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 17766 |
| IRS990/OtherExpensesGrp/Desc | 0 | Loan servicing |
| IRS990/OtherExpensesGrp/Desc | 1 | Member dividends |
| IRS990/OtherExpensesGrp/Desc | 2 | Provision for loan loss |
| IRS990/OtherExpensesGrp/Desc | 3 | Association dues |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 76905 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 50225 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 23000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 10524 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 16624837 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 23876507 |
| IRS990/OtherOrganizationDsc | 0 | Cooperative |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 190274 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 7493732 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 10281965 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27169 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 34653 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 45142 |
| IRS990/PrincipalOfficerNm | 0 | Kyle B Whelan |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522291 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Member Loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fee Income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 495455 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 147451 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 495455 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 148338 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 887 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Credit Union pays out dividends to its members share deposit accounts at a market rate of interest. The number of share accounts at 12/31/18 is 5,399 for a total of $23,876,507. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 186301 |
| IRS990/PYOtherExpensesAmt | 0 | 894344 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 624225 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -400057 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 316239 |
| IRS990/PYTotalExpensesAmt | 0 | 1210583 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 810526 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 11511 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| 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 | 2378743 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 3049673 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1006026 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1071495 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 166840 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 114013 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 280853 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 65640 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 71170 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 136810 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 871464 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 141517 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 141517 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -13168 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 23876507 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Members' share and savings accounts |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -13168 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 882975 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FIN 48 Note from Audited Financial Statements Fox Valley Credit Union was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(14). 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 2018 and 2017 that management believes is subject to taxation. The Credit Union's annual information returns filed with the Internal Revenue Service are open to examination generally for three years after filing. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 373997 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 871464 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 23876507 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 882975 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 869807 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 871464 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Judith Jarvis and Elizabeth Jarvis are both on the Board of Directors and are sisters. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Articles of Incorporation were amended in 2019 to increase the number of Directors from seven to fourteen. The Articles were further amended to allow the Board to appoint an Executive Committee of six Directors who may be authorized to act for the Board in all respects subject to such conditions and limitations as are prescribed by the Board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Membership consists of individuals with funds on deposit with the credit union. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The membership participates in the annual election of the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Members have a vote on a Credit Union merger or liquidation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Form 990 was reviewed by the CEO and Vice President of Operations and made available to the full Board after filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Potential conflicts monitored quarterly by the Supervisory Committee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Compensation of the CEO and Vice President is reviewed annually by an independent committee using comparability data and CUNA salary guidelines. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Available upon request |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Equity acquired in merger with Dial Credit Union (FEIN 36-0746240) 672,587. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part XI, line 9: |
| 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/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 19077377 |
| IRS990/TotalAssetsEOYAmt | 0 | 27005867 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 19077377 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 27005867 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 871464 |
| IRS990/TotalGrossUBIAmt | 0 | 887 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 16698634 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 23956194 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 16698634 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 23956194 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2378743 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3049673 |
| IRS990/TotalOtherCompensationAmt | 0 | 34040 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 643793 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 90460 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 239182 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 642906 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 882975 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 887 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 19077377 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 27005867 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 161 |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 575 North Broadway |
| IRS990/USAddress/CityNm | 0 | Aurora |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60505 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 10 |
| IRS990/WebsiteAddressTxt | 0 | www.foxvalleycu.org |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kyle B Whelan |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6308592278 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Fox Valley Credit Union |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FOXV |
| ReturnHeader/Filer/EIN | 0 | 360757152 |
| ReturnHeader/Filer/PhoneNum | 0 | 6308592278 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 575 North Broadway |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Aurora |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60505 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 738B9105E46B695E191D81BBB6C655DEEDF341ED |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 96.84.64.45 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-10-17 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:32:06 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 363321958 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Desmond & Ahern Ltd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10827 S Western Avenue |
| 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 | 2019-10-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | David J Rambo |
| ReturnHeader/ReturnTs | 0 | 2019-10-17T14:53:49-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.