Civic Intelligence

Fox Valley Credit Union

990 • Fiscal year 2019 • EIN 36-0757152

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 19, 2020

Organization Profilewww.foxvalleycu.org

View Organization Page

575 N BroadwayAurora, IL 60505

(630) 859-8604

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.85x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

22.45x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Net Margin

13th percentile

2.1%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$124,476

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2019

Asset Growth

100th percentile

67%

Faster asset growth than 100% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

94%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$45,081,562

Up $18,075,695 (+67%) from 2018

Net Assets

Up

$6,588,019

Up $3,538,346 (+116%) from 2018

Liabilities

Up

$38,493,543

Up $14,537,349 (+61%) from 2018

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin13th percentile

Revenue

Up

$1,714,254

Up $831,279 (+94%) from 2018

Expenses

Up

$1,677,899

Up $806,435 (+93%) from 2018

Net Income

Up

$36,355

Up $24,844 (+216%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $19,738,553Liabilities 2010: $16,556,202Net Assets 2010: $3,182,3512010Assets 2011: $18,897,091Liabilities 2011: $15,962,847Net Assets 2011: $2,934,2442011Assets 2012: $19,065,444Liabilities 2012: $16,366,993Net Assets 2012: $2,698,4512012Assets 2013: $19,414,506Liabilities 2013: $16,682,936Net Assets 2013: $2,731,5702013Assets 2014: $19,448,158Liabilities 2014: $16,710,994Net Assets 2014: $2,737,1642014Assets 2015: $20,182,441Liabilities 2015: $17,434,224Net Assets 2015: $2,748,2172015Assets 2016: $19,714,166Liabilities 2016: $16,935,366Net Assets 2016: $2,778,8002016Assets 2017: $19,077,377Liabilities 2017: $16,698,634Net Assets 2017: $2,378,7432017Assets 2018: $27,005,867Liabilities 2018: $23,956,194Net Assets 2018: $3,049,6732018Assets 2019: $45,081,562Liabilities 2019: $38,493,543Net Assets 2019: $6,588,0192019Assets 2020: $49,418,921Liabilities 2020: $42,943,008Net Assets 2020: $6,475,9132020Assets 2021: $50,847,657Liabilities 2021: $44,225,706Net Assets 2021: $6,621,9512021Assets 2022: $50,084,361Liabilities 2022: $43,406,545Net Assets 2022: $6,677,8162022Assets 2023: $47,690,119Liabilities 2023: $40,904,981Net Assets 2023: $6,785,1382023Assets 2024: $46,077,963Liabilities 2024: $39,298,688Net Assets 2024: $6,779,2752024

Highlighted filing

2019

Assets$45,081,562
Liabilities$38,493,543
Net Assets$6,588,019
Open 2019 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,341,7772010Expenses 2011: $1,141,8102011Expenses 2012: $1,059,3652012Revenue 2013: $820,294Expenses 2013: $777,972Net Income 2013: $42,3222013Revenue 2014: $890,297Expenses 2014: $884,700Net Income 2014: $5,5972014Revenue 2015: $826,920Expenses 2015: $815,867Net Income 2015: $11,0532015Revenue 2016: $833,279Expenses 2016: $802,696Net Income 2016: $30,5832016Revenue 2017: $810,526Expenses 2017: $1,210,583Net Income 2017: -$400,0572017Revenue 2018: $882,975Expenses 2018: $871,464Net Income 2018: $11,5112018Revenue 2019: $1,714,254Expenses 2019: $1,677,899Net Income 2019: $36,3552019Revenue 2020: $1,635,298Expenses 2020: $1,762,889Net Income 2020: -$127,5912020Revenue 2021: $1,896,760Expenses 2021: $1,676,700Net Income 2021: $220,0602021Revenue 2022: $1,865,997Expenses 2022: $1,599,454Net Income 2022: $266,5432022Revenue 2023: $2,065,246Expenses 2023: $1,935,006Net Income 2023: $130,2402023Revenue 2024: $2,293,284Expenses 2024: $2,259,289Net Income 2024: $33,9952024

Highlighted filing

2019

Revenue$1,714,254
Expenses$1,677,899
Net Income$36,355
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 19, 2020
Return Version
2019v5.1
Gross Receipts
$1,714,254
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 offering financial services to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$10,281,965$21,313,975▲ $11,032,010
Investments in Publicly Traded Securities$14,112,889$19,486,483▲ $5,373,594
Rtn Earn Endowment Incm Other Fnds$3,049,673$6,588,019▲ $3,538,346
Savings and Temporary Cash Investments$1,071,495$2,465,541▲ $1,394,046
Cash and Non-Interest-Bearing Accounts$749,683$656,433▼ $93,250
Land, Buildings, and Equipment, Net$373,997$344,172▼ $29,825
Prepaid Expenses and Deferred Charges$45,142$148,987▲ $103,845
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$27,005,867$45,081,562▲ $18,075,695
Other Assets Total$370,696$665,971▲ $295,275
Liabilities
Other Liabilities$23,876,507$38,264,022▲ $14,387,515
Accounts Payable and Accrued Expenses$79,687$229,521▲ $149,834
Total Liabilities$23,956,194$38,493,543▲ $14,537,349
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,049,673$6,588,019▲ $3,538,346
Total Liabilities and Net Assets / Fund Balance$27,005,867$45,081,562▲ $18,075,695

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$148,934$131,919$280,853
Equipment$53,721$97,337$151,058
Land$141,517-$141,517
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle B WhelanPresident/CEOFT$95,877$28,599$124,476

Board Members and Trustees

NameTitle
Clifton O BarteltChairman
Durrell WilliamsVice Chairman
Bobbie MitchellDirector
Dave DolderDirector
Gerard NickelsDirector
Jim WeissDirector
Judith JarvisDirector
Leda BrownleeDirector
Mark LyonsDirector
Michelle MeyerDirector
Robin LambDirector
Todd McGowanDirector
Elizabeth JarvisSecretary
Reginald CampbellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,246,919
Investment Income
$467,335
Other Revenue
$0
Change in Net Assets
$36,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,714,254
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$47,635
Total Revenue per Audited Statements
$1,761,889
Total Revenue per Form 990
$1,714,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$958,552
Salaries, Compensation, and Employee Benefits$719,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$506,084
Current Officers, Directors, Trustees, and Key Employees---$124,476
Office Expenses---$102,163
Occupancy---$97,389
Information Technology---$88,892
All Other Expenses---$77,191
Other Expenses---$62,867
Payroll Taxes---$58,565
Depreciation Depletion---$47,349
Insurance---$34,544
Other Employee Benefits---$28,422
Fees for Services Other---$19,447
Advertising---$19,159
Conferences and Meetings---$14,274
Fees for Services Accounting---$5,100
Pension Plan Contributions---$1,800
Travel---$97
Total Functional Expenses$0$0$0$1,677,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,677,899
Total Expenses per Audited Statements$1,677,899
Total Expenses per Form 990$1,677,899
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members' share and savings accounts$38,264,022
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Judith Jarvis and Elizabeth Jarvis are both on the Board of Directors and are sisters.”

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

“The membership participates in the annual election of the Board of Directors.”

Form 990, Part VI, Section A, line 7B

“Members have a vote on a Credit Union merger or liquidation.”

Form 990, Part VI, Section B, line 11B

“The Form 990 was reviewed by the CEO and Vice President of Finance and a copy is given to the Board for review.”

Form 990, Part VI, Section B, line 12C

“Potential conflicts monitored quarterly by the Supervisory Committee.”

Form 990, Part VI, Section B, line 15

“Compensation of the CEO and Vice President is reviewed annually by an independent committee using comparability data and CUNA salary guidelines.”

Form 990, Part VI, Section C, line 19

“Available upon request”

Filing and Contact Details

Filer

Filer Name
Fox Valley Credit Union
EIN
36-0757152
Phone
6308598604
Address
575 N Broadway, Aurora, IL 60505

Signing Officer

Name
Kyle B Whelan
Title
President/CEO
Phone
6308598604
Signed
2020-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyle B Whelan
Formed
1936
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
19
Volunteers
14

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
David J Rambo CPA
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Equity acquired in merger with Allsteel Credit Union (FEIN 36-0719694 ) 3,454,356.”

Financial Statement Notes

Part X, Line 2:

“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 2019 and 2018 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.”

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IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Illinois 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03049673
IRS990/NetAssetsOrFundBalancesEOYAmt06588019
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt047635
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt097389
IRS990/OfficeExpensesGrp/TotalAmt0102163
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0370696
IRS990/OtherAssetsTotalGrp/EOYAmt0665971
IRS990/OtherChangesInNetAssetsAmt03454356
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028422
IRS990/OtherExpensesGrp/Desc0Member dividends
IRS990/OtherExpensesGrp/Desc1Loan servicing
IRS990/OtherExpensesGrp/Desc2Operations
IRS990/OtherExpensesGrp/Desc3Merger expense
IRS990/OtherExpensesGrp/TotalAmt0188477
IRS990/OtherExpensesGrp/TotalAmt1128758
IRS990/OtherExpensesGrp/TotalAmt272845
IRS990/OtherExpensesGrp/TotalAmt362867
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt023876507
IRS990/OtherLiabilitiesGrp/EOYAmt038264022
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherSalariesAndWagesGrp/TotalAmt0506084
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010281965
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021313975
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt058565
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01800
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt045142
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0148987
IRS990/PrincipalOfficerNm0Kyle B Whelan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0Member Loans
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01035890
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1208866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01035890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211029
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02163
IRS990/ProgSrvcAccomActy2Grp/Desc0Credit Union pays out dividends to its members share deposit accounts at a market rate of interest. The number of share accounts at 12/31/19 was 4,986 for a total of $38,264,022.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0239182
IRS990/PYOtherExpensesAmt0511755
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0643793
IRS990/PYRevenuesLessExpensesAmt011511
IRS990/PYSalariesCompEmpBnftPaidAmt0359709
IRS990/PYTotalExpensesAmt0871464
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0882975
IRS990/ReconcilationRevenueExpnssAmt036355
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03049673
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06588019
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01071495
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02465541
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0148934
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0131919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0280853
IRS990ScheduleD/EquipmentGrp/BookValueAmt053721
IRS990ScheduleD/EquipmentGrp/DepreciationAmt097337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0151058
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01677899
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0141517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0141517
IRS990ScheduleD/NetUnrealizedGainsInvstAmt047635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038264022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Members' share and savings accounts
IRS990ScheduleD/RevenueNotReportedAmt047635
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01714254
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 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 2019 and 2018 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/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0344172
IRS990ScheduleD/TotalExpensesPerForm990Amt01677899
IRS990ScheduleD/TotalLiabilityAmt038264022
IRS990ScheduleD/TotalRevenuePerForm990Amt01714254
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01761889
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01677899
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Judith Jarvis and Elizabeth Jarvis are both on the Board of Directors and are sisters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Membership consists of individuals with funds on deposit with the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The membership participates in the annual election of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Members have a vote on a Credit Union merger or liquidation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 was reviewed by the CEO and Vice President of Finance and a copy is given to the Board for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Potential conflicts monitored quarterly by the Supervisory Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation of the CEO and Vice President is reviewed annually by an independent committee using comparability data and CUNA salary guidelines.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Equity acquired in merger with Allsteel Credit Union (FEIN 36-0719694 ) 3,454,356.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt027005867
IRS990/TotalAssetsEOYAmt045081562
IRS990/TotalAssetsGrp/BOYAmt027005867
IRS990/TotalAssetsGrp/EOYAmt045081562
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/TotalAmt01677899
IRS990/TotalGrossUBIAmt02163
IRS990/TotalLiabilitiesBOYAmt023956194
IRS990/TotalLiabilitiesEOYAmt038493543
IRS990/TotalLiabilitiesGrp/BOYAmt023956194
IRS990/TotalLiabilitiesGrp/EOYAmt038493543
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03049673
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06588019
IRS990/TotalOtherCompensationAmt028599
IRS990/TotalProgramServiceRevenueAmt01246919
IRS990/TotalReportableCompFromOrgAmt095877
IRS990/TotalRevenueGrp/ExclusionAmt0467335
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01244756
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01714254
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02163
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027005867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045081562
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt097
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0575 N Broadway
IRS990/USAddress/CityNm0Aurora
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060505
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0www.foxvalleycu.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle B Whelan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06308598604
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fox Valley Credit Union

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,081,562
Liabilities
$38,493,543
Net assets
$6,588,019
Revenue
$1,714,254
Expenses
$1,677,899
Net income
$36,355
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.1$39.3$6.78$2.29$2.26$0.03
2023Detailed filing. Detailed filing data is available for this year.$47.7$40.9$6.79$2.07$1.94$0.13
2022Detailed filing. Detailed filing data is available for this year.$50.1$43.4$6.68$1.87$1.60$0.27
2021Detailed filing. Detailed filing data is available for this year.$50.8$44.2$6.62$1.90$1.68$0.22
2020Detailed filing. Detailed filing data is available for this year.$49.4$42.9$6.48$1.64$1.76$0.13
2019Detailed filing. Detailed filing data is available for this year.$45.1$38.5$6.59$1.71$1.68$0.04
2018Detailed filing. Detailed filing data is available for this year.$27.0$24.0$3.05$0.88$0.87$0.01
2017Detailed filing. Detailed filing data is available for this year.$19.1$16.7$2.38$0.81$1.21$0.40
2016Detailed filing. Detailed filing data is available for this year.$19.7$16.9$2.78$0.83$0.80$0.03
2015Detailed filing. Detailed filing data is available for this year.$20.2$17.4$2.75$0.83$0.82$0.01
2014Detailed filing. Detailed filing data is available for this year.$19.4$16.7$2.74$0.89$0.88$0.01
2013Detailed filing. Detailed filing data is available for this year.$19.4$16.7$2.73$0.82$0.78$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$16.4$2.70$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$16.0$2.93$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$16.6$3.18$1.34
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