Civic Intelligence

Fox Valley Credit Union

990 • Fiscal year 2020 • EIN 36-0757152

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 05, 2021

Organization Profilewww.foxvalleycu.com

View Organization Page

575 N BroadwayAurora, IL 60505

(630) 859-2276

Siviq Scores

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

Liabilities / Assets

40th percentile

0.87x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

26.26x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Net Margin

6th percentile

-7.8%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$139,040

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2020

Asset Growth

22nd percentile

9.6%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

-4.6%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$49,418,921

Up $4,337,359 (+9.6%) from 2019

Net Assets

Down

$6,475,913

Down $112,106 (-1.7%) from 2019

Liabilities

Up

$42,943,008

Up $4,449,465 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin6th percentile

Revenue

Down

$1,635,298

Down $78,956 (-4.6%) from 2019

Expenses

Up

$1,762,889

Up $84,990 (+5.1%) from 2019

Net Income

Down

-$127,591

Down $163,946 (-451%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd 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

2020

Assets$49,418,921
Liabilities$42,943,008
Net Assets$6,475,913
Open 2020 Filing

Operations Trend

Revenue Growth55th 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

2020

Revenue$1,635,298
Expenses$1,762,889
Net Income-$127,591
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 5, 2021
Return Version
2020v4.1
Gross Receipts
$1,635,298
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
Investments in Publicly Traded Securities$19,486,483$20,924,713▲ $1,438,230
Other Notes and Loans Receivable, Net$21,313,975$19,921,193▼ $1,392,782
Rtn Earn Endowment Incm Other Fnds$6,588,019$6,475,913▼ $112,106
Savings and Temporary Cash Investments$2,465,541$6,248,361▲ $3,782,820
Cash and Non-Interest-Bearing Accounts$656,433$1,117,881▲ $461,448
Land, Buildings, and Equipment, Net$344,172$375,929▲ $31,757
Prepaid Expenses and Deferred Charges$148,987$208,081▲ $59,094
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$45,081,562$49,418,921▲ $4,337,359
Other Assets Total$665,971$622,763▼ $43,208
Liabilities
Other Liabilities$38,264,022$42,750,202▲ $4,486,180
Accounts Payable and Accrued Expenses$229,521$192,806▼ $36,715
Total Liabilities$38,493,543$42,943,008▲ $4,449,465
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,588,019$6,475,913▼ $112,106
Total Liabilities and Net Assets / Fund Balance$45,081,562$49,418,921▲ $4,337,359

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$132,138$148,715$280,853
Equipment$102,274$129,542$231,816
Land$141,517-$141,517
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle B WhelanPresident/CEOFT$104,325$34,715$139,040

Board Members and Trustees

NameTitle
Clifton O BarteltChairman
Durrell WilliamsVice Chairman
Bobby MitchellDirector
Dave DolderDirector
Gerard NickelsDirector
Jim WeissDirector
Judith JarvisDirector
Mark LyonsDirector
Michelle MeyerDirector
Elizabeth JarvisSecretary
Robin LambTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,234,560
Investment Income
$400,738
Other Revenue
$0
Change in Net Assets
$-127,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,635,298
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,485
Total Revenue per Audited Statements
$1,650,783
Total Revenue per Form 990
$1,635,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,073,489
Salaries, Compensation, and Employee Benefits$689,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$479,921
Information Technology---$140,572
Current Officers, Directors, Trustees, and Key Employees---$139,040
Occupancy---$111,619
Office Expenses---$100,413
Other Expenses---$100,000
All Other Expenses---$57,449
Depreciation Depletion---$49,002
Payroll Taxes---$37,529
Insurance---$35,034
Other Employee Benefits---$31,110
Fees for Services Other---$26,011
Advertising---$11,925
Fees for Services Accounting---$10,650
Conferences and Meetings---$6,636
Pension Plan Contributions---$1,800
Travel---$64
Total Functional Expenses$0$0$0$1,762,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,762,889
Total Expenses per Audited Statements$1,762,889
Total Expenses per Form 990$1,762,889
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$42,750,202
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
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
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 4

“The following changes were made to the Bylaws in 2020: Reduced the number of Directors from 13 to 11. Reduced the number of Executive Committee Members from 6 to 5.”

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 Senior Management and the Board of Directors.”

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
6308592276
Address
575 N Broadway, Aurora, IL 60505

Signing Officer

Name
Kyle B Whelan
Title
President/CEO
Phone
6308592276
Signed
2021-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyle B Whelan
Formed
1936
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
16
Volunteers
11

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Jason L Gierhahn
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C:

“The process has not changed from the prior year.”

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 2020 and 2019 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.”

Raw XML AppendixShowing 400 of 407 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc1Loan servicing
IRS990/OtherExpensesGrp/Desc2Operations
IRS990/OtherExpensesGrp/Desc3Provision for loan loss
IRS990/OtherExpensesGrp/TotalAmt0192512
IRS990/OtherExpensesGrp/TotalAmt1127865
IRS990/OtherExpensesGrp/TotalAmt2103737
IRS990/OtherExpensesGrp/TotalAmt3100000
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt038264022
IRS990/OtherLiabilitiesGrp/EOYAmt042750202
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherSalariesAndWagesGrp/TotalAmt0479921
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt021313975
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019921193
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt037529
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01800
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0148987
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0208081
IRS990/PrincipalOfficerNm0Kyle B Whelan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0Member Loans
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01094368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1137742
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01094368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1140192
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02450
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 12/31/20 was 4,925 for a total of $42,750,202.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0467335
IRS990/PYOtherExpensesAmt0958552
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01246919
IRS990/PYRevenuesLessExpensesAmt036355
IRS990/PYSalariesCompEmpBnftPaidAmt0719347
IRS990/PYTotalExpensesAmt01677899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01714254
IRS990/ReconcilationRevenueExpnssAmt0-127591
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06588019
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06475913
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02465541
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06248361
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0132138
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0148715
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0280853
IRS990ScheduleD/EquipmentGrp/BookValueAmt0102274
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0129542
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0231816
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01762889
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0141517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0141517
IRS990ScheduleD/NetUnrealizedGainsInvstAmt015485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042750202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Members' share and savings accounts
IRS990ScheduleD/RevenueNotReportedAmt015485
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01635298
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 2020 and 2019 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/TotalBookValueLandBuildingsAmt0375929
IRS990ScheduleD/TotalExpensesPerForm990Amt01762889
IRS990ScheduleD/TotalLiabilityAmt042750202
IRS990ScheduleD/TotalRevenuePerForm990Amt01635298
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01650783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01762889
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Judith Jarvis and Elizabeth Jarvis are both on the Board of Directors and are sisters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The following changes were made to the Bylaws in 2020: Reduced the number of Directors from 13 to 11. Reduced the number of Executive Committee Members from 6 to 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Membership consists of individuals with funds on deposit with the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The membership participates in the annual election of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Members have a vote on a Credit Union merger or liquidation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Form 990 was reviewed by Senior Management and the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Potential conflicts monitored quarterly by the Supervisory Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Compensation of the CEO and Vice President is reviewed annually by an independent committee using comparability data and CUNA salary guidelines.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XII, line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt045081562
IRS990/TotalAssetsEOYAmt049418921
IRS990/TotalAssetsGrp/BOYAmt045081562
IRS990/TotalAssetsGrp/EOYAmt049418921
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/TotalAmt01762889
IRS990/TotalGrossUBIAmt02450
IRS990/TotalLiabilitiesBOYAmt038493543
IRS990/TotalLiabilitiesEOYAmt042943008
IRS990/TotalLiabilitiesGrp/BOYAmt038493543
IRS990/TotalLiabilitiesGrp/EOYAmt042943008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06588019
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06475913
IRS990/TotalOtherCompensationAmt034715
IRS990/TotalProgramServiceRevenueAmt01234560
IRS990/TotalReportableCompFromOrgAmt0104325
IRS990/TotalRevenueGrp/ExclusionAmt0400738
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01232110
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01635298
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02450
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045081562
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt049418921
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt064
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0575 N Broadway
IRS990/USAddress/CityNm0Aurora
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060505
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0www.foxvalleycu.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle B Whelan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06308592276
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fox Valley Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0FOXV
ReturnHeader/Filer/EIN0360757152
ReturnHeader/Filer/PhoneNum06308592276
ReturnHeader/Filer/USAddress/AddressLine1Txt0575 N Broadway
ReturnHeader/Filer/USAddress/CityNm0Aurora
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060505
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363321958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Desmond & Ahern Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010827 S Western Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060643
ReturnHeader/PreparerPersonGrp/PhoneNum07737794720
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jason L Gierhahn

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,418,921
Liabilities
$42,943,008
Net assets
$6,475,913
Revenue
$1,635,298
Expenses
$1,762,889
Net income
-$127,591
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